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Note 23 - Segmented Information
 12 Months Ended
Dec. 31, 2011
Segment Reporting Disclosure [Text Block]
23. 
Segmented information

Operating segments

The Company has three reportable operating segments. The segments are grouped with reference to the nature of services provided and the types of clients that use those services.  The Company assesses each segment’s performance based on operating earnings or operating earnings before depreciation and amortization.  CRE provides commercial property brokerage and other advisory services to clients in North America and in various other countries around the world.  Residential Property Management provides property management and related property services to residential communities in North America.  Property Services provides franchised and Company-owned property services to customers in North America. Corporate includes the costs of operating the Company’s corporate head office.

Included in total assets of the CRE segment at December 31, 2011 is $3,072 (2010 - $12,360) of investments in subsidiaries accounted for under the equity method.  The reportable segment information excludes intersegment transactions.

2011 
 
Commercial
Real Estate
Services
   
Residential
Property
Management
   
Property
Services
   
Corporate
   
Consolidated
 
Revenues
  $ 994,579     $ 760,501     $ 468,903     $ 188     $ 2,224,171  
Depreciation and amortization
    22,073       18,022       10,692       139       50,926  
Operating earnings (loss)
    22,379       47,202       45,421       (16,941 )     98,061  
Other expense, net
                                    (6,317 )
Interest expense, net
                                    (16,808 )
Income taxes
                                    26,807  
 
                                       
Net earnings
                                    101,743  
 
                                       
Total assets
  $ 576,268     $ 423,328     $ 210,898     $ 23,224     $ 1,233,718  
Total additions to long lived assets
    14,997       49,071       6,441       68       70,577  

2010 
 
Commercial
Real Estate
Services
   
Residential
Property
Management
   
Property
Services
   
Corporate
   
Consolidated
 
 
 
 
   
 
   
 
   
 
   
 
 
Revenues
  $ 861,917     $ 662,033     $ 462,141     $ 180     $ 1,986,271  
Depreciation and amortization
    23,362       14,605       9,544       375       47,886  
Operating earnings (loss)
    14,694       46,670       58,671       (22,503 )     97,532  
Other expense, net
                                    (3,007 )
Interest expense, net
                                    (17,397 )
Income taxes
                                    (29,228 )
 
                                       
Net earnings
                                  $ 47,900  
 
                                       
Total assets
  $ 514,060     $ 359,247     $ 217,692     $ 38,542     $ 1,129,541  
Total additions to long lived assets
    78,068       41,182       6,650       273       126,173  

2009 
 
Commercial
Real Estate
Services
   
Residential
Property
Management
   
Property
Services
   
Corporate
   
Consolidated
 
 
 
 
   
 
   
 
   
 
   
 
 
Revenues
  $ 622,996     $ 645,251     $ 434,838     $ 137     $ 1,703,222  
Depreciation and amortization
    25,031       11,561       9,447       344       46,383  
Operating earnings (loss)
    (61,665 )     49,399       62,028       (11,581 )     38,181  
Other expense, net
                              6,112  
Interest expense, net
                              (12,506 )
Income taxes
                              (39,066 )
Net earnings from continuing operations
                                    (7,279 )
Net earnings from discontinued operations
                                    (576 )
Net earnings
                                  $ (7,855 )
 
                                       
Total assets
  $ 389,703     $ 350,025     $ 204,769     $ 65,033     $ 1,009,530  
Total additions to long lived assets
    15,281       24,941       13,595       438       54,255  

Geographic information

Revenues in each geographic region are reported by customer locations.  Amounts reported in geographic regions other than the United States, Canada and Australia are primarily denominated in US dollars and Euros.

 
 
2011
   
2010
   
2009
 
 
 
 
   
 
   
 
 
United States
 
 
   
 
   
 
 
Revenues
  $ 1,523,912     $ 1,406,713     $ 1,282,129  
Total long-lived assets
    476,530       469,465       427,217  
 
                       
Canada
                       
Revenues
  $ 310,912     $ 246,809     $ 178,587  
Total long-lived assets
    91,821       76,502       56,460  
 
                       
Australia
                       
Revenues
  $ 171,873     $ 164,486     $ 112,369  
Total long-lived assets
    54,701       55,291       40,341  
 
                       
Other
                       
Revenues
  $ 217,474     $ 168,263     $ 130,137  
Total long-lived assets
    55,494       57,927       56,740  
 
                       
Consolidated
                       
Revenues
  $ 2,224,171     $ 1,986,271     $ 1,703,222  
Total long-lived assets
    678,546       659,185       580,758