Segment and Geographic Information

3 Months Ended

Jan. 31, 2014

Segment Reporting [Abstract]

Segment and Geographic Information

SEGMENT INFORMATION

Our reportable segments consist of: Janitorial, Facility Services, Parking, Security, Building & Energy Solutions, and Other. The accounting policies for our segments are the same as those disclosed within our significant accounting policies. Management evaluates the performance of each reportable segment based on its respective operating profit results, which include the allocation of certain centrally incurred costs. Corporate expenses not allocated to segments, among other items, include:

• certain CEO and other finance and human resource departmental costs;

• certain information technology costs;

• share-based compensation costs;

• certain legal costs and settlements;

• adjustments resulting from current actuarial developments of self-insurance reserves related to claims incurred in prior years; and

• direct acquisition costs.

Effective in the first quarter of 2014, certain operations were transferred between our Janitorial segment and our Air Serv business (the operations of which are reported in our Other segment), to align them with the activities conducted in the respective segments. The net impact of these changes on the reported results for the first quarter of 2013 was a reclassification of $3.7 million of revenues and $0.4 million of operating profit from our Other segment to our Janitorial segment. Additionally, certain sales and marketing costs associated with energy and government growth initiatives were transferred from Corporate to our Building & Energy Solutions segment, resulting in a $0.9 million reclassification of expenses from Corporate to the Building & Energy Solutions segment.

Prior period segment results have been restated to conform to these changes. Financial information for each reportable segment is summarized below:

	Three Months Ended January 31,
(in thousands)	2014			2013
Revenues:
Janitorial	$	637,059		$	609,179
Facility Services	151,712			156,447
Parking	150,257			151,237
Security	99,748			96,673
Building & Energy Solutions	102,074			87,982
Other	85,621			80,320
Corporate	—			285
	$	1,226,471		$	1,182,123
Operating profit:
Janitorial	$	29,138		$	29,441
Facility Services	5,512			6,141
Parking	5,650			4,823
Security	2,593			1,668
Building & Energy Solutions	2,702			(99		)
Other	1,931			1,621
Corporate	(22,117		)	(23,049		)
Adjustment for income from unconsolidated affiliates, net, included in Building & Energy Solutions	(1,477		)	(1,240		)
	23,932			19,306
Income from unconsolidated affiliates, net	1,493			1,195
Interest expense	(2,707		)	(3,310		)
Income before income taxes	$	22,718		$	17,191