XML 51 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Data (Tables)
12 Months Ended
Dec. 31, 2014
Segment Data [Abstract]  
Segment information - revenues from services, operating unit profit (loss)
          
Year Ended December 31 2014  2013  2012 
Revenues from Services(a)         
Americas:         
United States(b)   $3,086.4  $2,967.0  $3,010.5 
Other Americas  1,497.3   1,543.2   1,585.4 
   4,583.7   4,510.2   4,595.9 
Southern Europe:            
France  5,351.6   5,284.9   5,425.6 
Italy  1,178.8   1,087.6   1,056.8 
Other Southern Europe  979.3   864.5   768.5 
   7,509.7   7,237.0   7,250.9 
Northern Europe  6,048.1   5,738.8   5,773.9 
APME  2,327.1   2,447.7   2,728.8 
Right Management  294.2   316.8   328.5 
  $20,762.8  $20,250.5  $20,678.0 
Operating Unit Profit            
Americas:            
United States $125.4  $99.8  $60.8 
Other Americas  56.2   43.9   50.6 
   181.6   143.7   111.4 
Southern Europe:            
France  275.5   198.9   129.6 
Italy  64.2   53.8   45.4 
Other Southern Europe  22.0   11.9   10.1 
   361.7   264.6   185.1 
Northern Europe  198.1   139.7   159.8 
APME  84.2   70.8   90.7 
Right Management  33.5   20.4   13.4 
   859.1   639.2   560.4 
Corporate expenses  (105.8)  (93.2)  (112.0)
Intangible asset amortization expense(c)  (33.4)  (34.1)  (36.7)
Interest and other expenses  (38.3  (36.4)  (43.3)
Earnings before income taxes $681.6  $475.5  $368.4 
             
(a) Further breakdown of revenues from services by geographical region is as follows:
 
             
Revenues from Services  2014   2013   2012 
United States $3,190.6  $3,080.8  $3,132.0 
France  5,378.6   5,313.6   5,448.3 
Italy  1,183.4   1,093.0   1,061.6 
United Kingdom  2,168.6   1,884.5   1,898.1 
Total Foreign  17,572.2   17,169.7   17,546.0 

 

(b)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $16.1, $15.2 and $14.6 for 2014, 2013 and 2012, respectively.
(c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses, and shown separately.
Revenues by geographical region
             
Revenues from Services  2014   2013   2012 
United States $3,190.6  $3,080.8  $3,132.0 
France  5,378.6   5,313.6   5,448.3 
Italy  1,183.4   1,093.0   1,061.6 
United Kingdom  2,168.6   1,884.5   1,898.1 
Total Foreign  17,572.2   17,169.7   17,546.0 
Segment information - depreciation and amortization expense, earnings from equity investment, total assets, equity investments, long-lived assets and additions to long-lived assets
          
Year Ended December 31 2014  2013  2012 
Depreciation and Amortization Expense         
Americas:         
United States   $9.4  $12.3  $13.4 
Other Americas  4.1   4.5   4.2 
   13.5   16.8   17.6 
Southern Europe:            
France  13.0   14.1   13.1 
Italy  2.4   2.6   2.7 
Other Southern Europe  2.2   2.2   2.4 
   17.6   18.9   18.2 
Northern Europe  11.2   14.0   15.8 
APME  4.4   4.8   4.9 
Right Management  3.6   4.3   5.1 
Corporate expenses  0.1   1.4   2.2 
Amortization of intangible assets(a)  33.4   34.1   36.7 
  $83.8   $94.3  $100.5 
Earnings from Equity Investments            
Americas:            
United States $  $  $ 
Other Americas         
          
Southern Europe:            
France  0.4   0.3    
Italy         
Other Southern Europe         
   0.4   0.3    
Northern Europe  2.6   6.9   2.5 
APME         
Right Management         
  $3.0  $7.2  $2.5 

 

(a)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses, and shown separately.
 
          
Year Ended December 31 2014  2013  2012 
Total Assets            
Americas:            
United States   $1,532.7  $1,476.3  $1,511.0 
Other Americas  284.1   266.9   317.5 
   1,816.8   1,743.2   1,828.5 
Southern Europe:            
France  1,922.7   1,950.3   1,756.2 
Italy  230.0   218.3   301.2 
Other Southern Europe  218.4   209.1   187.8 
   2,371.1   2,377.7   2,245.2 
Northern Europe  1,862.6   1,951.8   1,732.5 
APME  501.4   466.7   491.7 
Right Management  139.1   134.4   95.4 
Corporate(a)  491.5   614.5   619.3 
  $7,182.5  $7,288.3  $7,012.6 
Equity Investments            
Americas:            
United States $  $3.0  $3.0 
Other Americas         
       3.0   3.0 
Southern Europe:            
France  0.7   0.4   0.1 
Italy  0.2       
Other Southern Europe         
   0.9   0.4   0.1 
Northern Europe  131.1   136.5   81.5 
APME  0.3   0.3   0.7 
Right Management         
  $132.3  $140.2  $85.3 

 

(a)Corporate assets include assets that were not used in the operations of any segment, the most significant of which were purchased intangibles and cash.

 

          
Year Ended December 31 2014  2013  2012 
Long-Lived Assets(a)            
Americas:            
United States   $25.4  $25.8  $32.8 
Other Americas  8.3   10.4   11.2 
   33.7   36.2   44.0 
Southern Europe:            
France  44.6   56.3   59.4 
Italy  4.7   6.5   7.0 
Other Southern Europe  11.1   10.3   8.6 
   60.4   73.1   75.0 
Northern Europe  29.0   30.6   40.4 
APME  20.6   19.2   22.4 
Right Management  10.6   11.3   12.4 
Corporate  0.1   0.2   1.2 
  $154.4  $170.6  $195.4 
Additions to Long-Lived Assets            
Americas:            
United States $9.1  $6.0  $11.6 
Other Americas  3.9   4.8   5.0 
   13.0   10.8   16.6 
Southern Europe:            
France  7.8   10.7   25.6 
Italy  1.3   1.9   1.8 
Other Southern Europe  4.8   3.7   2.2 
   13.9   16.3   29.6 
Northern Europe  13.6   8.8   12.8 
APME  7.9   4.3   5.6 
Right Management  3.6   4.5   7.4 
  $52.0   $44.7  $72.0 
 
(a) Further breakdown of long-lived assets by geographical region was as follows:
 
             
Long-Lived Assets  2014   2013   2012 
United States $30.2  $30.6  $39.7 
France  46.0   57.8   61.0 
Italy  4.7   6.5   7.1 
United Kingdom  10.3   7.4   11.0 
Total Foreign  124.2   140.0   155.7 
Long-lived assets by geographical region
             
Long-Lived Assets  2014   2013   2012 
United States $30.2  $30.6  $39.7 
France  46.0   57.8   61.0 
Italy  4.7   6.5   7.1 
United Kingdom  10.3   7.4   11.0 
Total Foreign  124.2   140.0   155.7