XML 75 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Business Segments

3 Months Ended

Dec. 27, 2019

Segment Reporting [Abstract]

Business Segments

BUSINESS SEGMENTS:

The Company reported its operating results in three reportable segments: FSS United States, FSS International and Uniform. Corporate includes general expenses not specifically allocated to an individual segment and share-based compensation expense (see Note 10). In the Company's food and support services segments, approximately 78% of the global revenue is related to food services and 22% is related to facilities services. During the three months ended December 27, 2019 and December 28, 2018, the Company received proceeds of approximately $15.3 million and $16.2 million, respectively, relating to the recovery of the Company's investment (possessory interest) at one of the National Park Service sites within the FSS United States segment. The Company recorded a gain related to the recovery of its investment, which is included in "Cost of services provided" in the Condensed Consolidated Statements of Income. Financial information by segment follows (in millions):

	Revenue
	Three Months Ended
	December 27, 2019				December 28, 2018
FSS United States	$	2,639.0			$	2,660.3
FSS International	946.2				953.1
Uniform	668.4				651.9
	$	4,253.6			$	4,265.3

	Operating Income
	Three Months Ended
	December 27, 2019				December 28, 2018
FSS United States	$	185.9			$	363.7
FSS International	43.7				11.5
Uniform	53.3				52.7
	282.9				427.9
Corporate	(28.6		)		(54.5		)
Operating Income	254.3				373.4
Interest and Other Financing Costs, net	79.6				83.0
Income Before Income Taxes	$	174.7			$	290.4

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration