XML 35 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information
3 Months Ended
Jan. 31, 2012
Segment Information

12. Segment Information

During the three months ended January 31, 2012, the Company changed the name of its Engineering segment to Facility Solutions to better reflect the variety of end-to-end integrated facility services, building operation and maintenance, and bundled energy solution services provided to its clients. The Company is organized into four reportable operating segments, Janitorial, Facility Solutions, Parking and Security, which are summarized as follows:

 

September 30, September 30,
        Three Months Ended
January 31,
 

(in thousands)

     2012      2011  

Revenues

       

Janitorial

     $ 594,340       $ 594,606   

Facility Solutions

       233,773         192,648   

Parking

       153,450         152,866   

Security

       91,982         88,756   

Corporate

       240         293   
    

 

 

    

 

 

 
     $ 1,073,785       $ 1,029,169   
    

 

 

    

 

 

 

Operating profit

       

Janitorial

     $ 30,508       $ 29,864   

Facility Solutions

       6,365         7,450   

Parking

       4,750         4,734   

Security

       845         1,301   

Corporate

       (24,672      (26,433
    

 

 

    

 

 

 

Operating profit

       17,796         16,916   

Income from unconsolidated affiliates, net

       3,132         787   

Interest expense

       (2,834      (4,046
    

 

 

    

 

 

 

Income from continuing operations before income taxes

     $ 18,094       $ 13,657   
    

 

 

    

 

 

 

Most Corporate expenses are not allocated. Such expenses include current actuarial developments of self-insurance reserves relating to claims incurred in prior years, certain legal costs and settlements, certain information technology costs, share-based compensation costs, branding initiative costs, direct acquisition costs, severance costs associated with acquisitions, and certain chief executive officer and other finance and human resource department costs.