XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue Before Reimbursements $ 2,348.2 $ 2,163.3 $ 4,309.8 $ 4,054.4
Reimbursement Revenues 1,918.3 1,740.4 3,777.3 3,404.5
Revenue 4,266.5 3,903.7 8,087.1 7,458.9
Operating expenses:        
Compensation and benefits 1,354.8 1,240.5 2,518.6 2,337.7
Operating, administrative and other 772.1 737.8 1,479.4 1,435.1
Cost of Reimbursable Expenses 1,918.3 1,740.4 3,777.3 3,404.5
Depreciation and amortization 45.5 46.3 92.0 88.4
Restructuring and acquisition charges 25.7 (11.1) 44.3 (10.4)
Total operating expenses 4,116.4 3,753.9 7,911.6 7,255.3
Operating Income (Loss) 150.1 149.8 175.5 203.6
Interest Expense, Net of Interest Income 13.6 14.3 23.2 28.1
Equity earnings from real estate ventures 10.2 10.2 15.2 23.8
Other Nonoperating Income (Expense) 0.8 1.7 0.5 4.2
Income before income taxes and noncontrolling interest 147.5 147.4 168.0 203.5
Provision for income taxes 36.2 37.6 35.5 51.1
Net income 111.3 109.8 132.5 152.4
Net income attributable to noncontrolling interest 0.6 1.8 0.5 4.1
Net income attributable to the Company 110.7 108.0 132.0 148.3
Dividends, Share-based Compensation 0.2 0.2 0.2 0.2
Net income attributable to common shareholders $ 110.5 $ 107.8 $ 131.8 $ 148.1
Basic earnings per common share (in dollars per share) $ 2.42 $ 2.37 $ 2.88 $ 3.26
Basic weighted average shares outstanding (in shares) 45,749 45,493 45,712 45,468
Diluted earnings per common share (in dollars per share) $ 2.40 $ 2.35 $ 2.86 $ 3.23
Diluted weighted average shares outstanding (in shares) 46,040 45,951 46,029 45,922
Common Stock, Dividends, Per Share, Declared $ 0.43 $ 0.41 $ 0.43 $ 0.41
Other comprehensive income:        
Net income attributable to the Company $ 110.7 $ 108.0 $ 132.0 $ 148.3
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent (0.8) 0.0 (1.8) 0.0
Foreign currency translation adjustments (23.3) (102.6) 8.0 (50.8)
Comprehensive income attributable to the Company $ 86.6 $ 5.4 $ 138.2 $ 97.5