Segment Information

3 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Segment 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 in Note 2, “Basis of Presentation and Significant Accounting Policies.” Our 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 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 2015, we reallocated certain costs from our Janitorial segment to our Facility Services, Parking, and Security segments to better reflect certain overhead support functions on the operations of our Onsite Services businesses. Such costs were previously recorded within our Janitorial segment. The impact of these changes on the reported operating profit for the three months ended January 31, 2014 was an increase of $1.2 million to our Janitorial segment and a decrease of $0.4 million, $0.5 million, and $0.3 million to our Facility Services, Parking, and Security segments, respectively. Prior-period segment results have been restated to conform to these changes.

Financial Information for Each Reportable Segment

	Three Months Ended January 31,
(in millions)	2015			2014
Revenues:
Janitorial	$	666.0		$	637.1
Facility Services	156.2			151.7
Parking	155.7			150.3
Security	94.9			99.7
Building & Energy Solutions	119.4			102.1
Other	97.2			85.6
	$	1,289.4		$	1,226.5
Operating profit:
Janitorial	$	34.9		$	30.3
Facility Services	5.9			5.1
Parking	6.5			5.2
Security	1.9			2.3
Building & Energy Solutions	1.2			2.7
Other	2.6			1.9
Corporate	(32.3		)	(22.1		)
Adjustment for income from unconsolidated affiliates, net, included in Building & Energy Solutions	(1.5		)	(1.5		)
	19.2			23.9
Income from unconsolidated affiliates, net	1.5			1.5
Interest expense	(2.7		)	(2.7		)
Income before income taxes	$	18.0		$	22.7