XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues from services [1] $ 4,856.1 $ 5,074.1 $ 9,608.4 $ 10,217.4
Cost of services 3,993.8 4,152.9 7,883.0 8,399.1
Gross profit 862.3 921.2 1,725.4 1,818.3
Selling and administrative expenses 754.7 740.5 1,499.9 1,498.9
Operating profit 107.6 180.7 225.5 319.4
Interest and other expenses, net 11.8 6.7 19.3 9.4
Earnings before income taxes 95.8 174.0 206.2 310.0
Provision for income taxes 30.6 51.8 63.2 96.2
Net earnings $ 65.2 $ 122.2 $ 143.0 $ 213.8
Net earnings (loss) per share - basic $ 1.3 $ 2.32 $ 2.84 $ 4.02
Net earnings (loss) per share - diluted $ 1.29 $ 2.29 $ 2.8 $ 3.97
Weighted average shares - basic (in shares) 50.2 52.7 50.4 53.2
Weighted average shares - diluted (in shares) 50.7 53.4 51.0 53.8
[1] Our consolidated revenues from services include fees received from our franchise offices of $3.3 and $3.9 for the three months ended June 30, 2023 and 2022, respectively, and $7.2 and $7.5 for the six months ended June 30, 2023 and 2022, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $250.6 and $275.6 for the three months ended June 30, 2023 and 2022, respectively, and $500.8 and $540.8 for the six months ended June 30, 2023 and 2022, respectively.