XML 18 R33.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Segment Data (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2012
Segment Reporting [Abstract] |
Reconciliation of revenue from segments to consolidated | We are organized and managed primarily on a geographic basis, with the exception of Right Management, which is operated as a separate global business unit. Each country and business unit primarily has its own distinct operations, is managed locally by its own management team and maintains its own financial reports. Each operation reports directly or indirectly through a regional manager, to a member of executive management. Given this reporting structure, all of our operations have been segregated into the following reporting segments: Americas, which includes United States and Other Americas; Southern Europe, which includes France, Italy and Other Southern Europe; Northern Europe; APME; and Right Management. The Americas, Southern Europe, Northern Europe and APME segments derive a significant majority of their revenues from the placement of contingent workers. The remaining revenues within these segments are derived from other workforce solutions and services, including recruitment and assessment, training and development, and ManpowerGroup Solutions. ManpowerGroup Solutions includes Talent Based Outsourcing (TBO), Managed Services Provider (MSP), Recruitment Process Outsourcing (RPO), Borderless Talent Solutions (BTS) and Strategic Workforce Consulting (SWC). The Right Management segment revenues are derived from career management and workforce consulting services. Segment revenues represent sales to external clients. Due to the nature of our business, we generally do not have export sales. We provide services to a wide variety of clients, none of which individually comprise a significant portion of revenues for us as a whole.
|  | 3 Months Ended |  |  | 6 Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Revenues from services: |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |
United States (a) |  | $ | 763.2 |  |  | $ | 791.6 |  |  | $ | 1,499.0 |  |  | $ | 1,542.5 |
Other Americas |  |  | 389.2 |  |  |  | 379.4 |  |  |  | 791.7 |  |  |  | 741.2 |
|  |  | 1,152.4 |  |  |  | 1,171.0 |  |  |  | 2,290.7 |  |  |  | 2,283.7 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 1,427.6 |  |  |  | 1,644.0 |  |  |  | 2,719.4 |  |  |  | 2,997.8 |
Italy |  |  | 274.0 |  |  |  | 344.9 |  |  |  | 541.5 |  |  |  | 629.5 |
Other Southern Europe |  |  | 190.1 |  |  |  | 193.7 |  |  |  | 385.3 |  |  |  | 373.7 |
|  |  | 1,891.7 |  |  |  | 2,182.6 |  |  |  | 3,646.2 |  |  |  | 4,001.0 |
Northern Europe |  |  | 1,415.8 |  |  |  | 1,566.3 |  |  |  | 2,859.8 |  |  |  | 3,022.9 |
APME |  |  | 662.9 |  |  |  | 662.8 |  |  |  | 1,342.9 |  |  |  | 1,265.7 |
Right Management |  |  | 83.9 |  |  |  | 84.6 |  |  |  | 163.5 |  |  |  | 166.4 |
Consolidated (b) |  | $ | 5,206.7 |  |  | $ | 5,667.3 |  |  | $ | 10,303.1 |  |  | $ | 10,739.7 |
Operating unit profit (loss): (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 7.7 |  |  | $ | 27.2 |  |  | $ | 14.6 |  |  | $ | 35.9 |
Other Americas |  |  | 10.5 |  |  |  | 12.3 |  |  |  | 25.8 |  |  |  | 25.1 |
|  |  | 18.2 |  |  |  | 39.5 |  |  |  | 40.4 |  |  |  | 61.0 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 15.5 |  |  |  | 24.8 |  |  |  | 21.0 |  |  |  | 36.8 |
Italy |  |  | 12.6 |  |  |  | 22.4 |  |  |  | 27.1 |  |  |  | 35.3 |
Other Southern Europe |  |  | 3.0 |  |  |  | 2.7 |  |  |  | 6.5 |  |  |  | 4.9 |
|  |  | 31.1 |  |  |  | 49.9 |  |  |  | 54.6 |  |  |  | 77.0 |
Northern Europe |  |  | 39.2 |  |  |  | 56.1 |  |  |  | 83.1 |  |  |  | 98.0 |
APME |  |  | 21.8 |  |  |  | 18.9 |  |  |  | 41.4 |  |  |  | 35.4 |
Right Management |  |  | (2.9 | ) |  |  | 2.8 |  |  |  | (0.4) |  |  |  | 6.1 |
|  |  | 107.4 |  |  |  | 167.2 |  |  |  | 219.1 |  |  |  | 277.5 |
Corporate expenses |  |  | (22.9 | ) |  |  | (30.5 | ) |  |  | (49.2 | ) |  |  | (62.5 | )
Intangible asset amortization expense (c) |  |  | (9.2 | ) |  |  | (9.4 | ) |  |  | (18.2 | ) |  |  | (19.0 | )
Reclassification of French business tax (d) |  |  | 19.1 |  |  |  | 23.5 |  |  |  | 36.5 |  |  |  | 40.4 |
Operating profit |  |  | 94.4 |  |  |  | 150.8 |  |  |  | 188.2 |  |  |  | 236.4 |
Interest and other expenses |  |  | (11.3 | ) |  |  | (11.8 | ) |  |  | (23.1 | ) |  |  | (22.9 | )
Earnings before income taxes |  | $ | 83.1 |  |  | $ | 139.0 |  |  | $ | 165.1 |  |  | $ | 213.5 |
(a) | In the United States, where a majority of our franchises operate, Revenues from services included fees received from the related franchise offices of $3.8 and $3.2 for the three months ended June 30, 2012 and 2011, respectively, and, $7.0 and $5.9 for the six months ended June 30, 2012 and 2011, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $180.6 and $163.2 for the three months ended June 30, 2012 and 2011, respectively, and $345.0 and $311.7 for the six months ended June 30, 2012 and 2011, respectively.
(b) | Our consolidated Revenues from services include fees received from our franchise offices of $6.1 and $5.7 for the three months ended June 30, 2012 and 2011, respectively, and $11.5 and $11.6 for the six months ended June 30, 2012 and 2011, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $270.0 and $249.6 for the three months ended June 30, 2012 and 2011, respectively and $523.9 and $524.1 for the six months ended June 30, 2012 and 2011, respectively.
(c) | We evaluate segment performance based on Operating unit profit ("OUP"), which is equal to segment revenues less cost of services and branch and national headquarters operating costs. This profit measure does not include goodwill and intangible asset impairment charges or amortization of intangibles related to acquisitions, interest and other income and expense amounts or income taxes.
(d) | The French business tax was reported in Provision for income taxes rather than in Cost of services, in accordance with the current accounting guidance on income taxes. However, we view this tax as operational in nature. Accordingly, the financial information reviewed internally continues to include the French business tax within the OUP of our France reportable segment. Therefore, we have shown the amount of the French business tax separately to be able to reconcile to our Earnings before income taxes.
Reconciliation of OUP to consolidated | We are organized and managed primarily on a geographic basis, with the exception of Right Management, which is operated as a separate global business unit. Each country and business unit primarily has its own distinct operations, is managed locally by its own management team and maintains its own financial reports. Each operation reports directly or indirectly through a regional manager, to a member of executive management. Given this reporting structure, all of our operations have been segregated into the following reporting segments: Americas, which includes United States and Other Americas; Southern Europe, which includes France, Italy and Other Southern Europe; Northern Europe; APME; and Right Management. The Americas, Southern Europe, Northern Europe and APME segments derive a significant majority of their revenues from the placement of contingent workers. The remaining revenues within these segments are derived from other workforce solutions and services, including recruitment and assessment, training and development, and ManpowerGroup Solutions. ManpowerGroup Solutions includes Talent Based Outsourcing (TBO), Managed Services Provider (MSP), Recruitment Process Outsourcing (RPO), Borderless Talent Solutions (BTS) and Strategic Workforce Consulting (SWC). The Right Management segment revenues are derived from career management and workforce consulting services. Segment revenues represent sales to external clients. Due to the nature of our business, we generally do not have export sales. We provide services to a wide variety of clients, none of which individually comprise a significant portion of revenues for us as a whole.
|  | 3 Months Ended |  |  | 6 Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Revenues from services: |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |
United States (a) |  | $ | 763.2 |  |  | $ | 791.6 |  |  | $ | 1,499.0 |  |  | $ | 1,542.5 |
Other Americas |  |  | 389.2 |  |  |  | 379.4 |  |  |  | 791.7 |  |  |  | 741.2 |
|  |  | 1,152.4 |  |  |  | 1,171.0 |  |  |  | 2,290.7 |  |  |  | 2,283.7 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 1,427.6 |  |  |  | 1,644.0 |  |  |  | 2,719.4 |  |  |  | 2,997.8 |
Italy |  |  | 274.0 |  |  |  | 344.9 |  |  |  | 541.5 |  |  |  | 629.5 |
Other Southern Europe |  |  | 190.1 |  |  |  | 193.7 |  |  |  | 385.3 |  |  |  | 373.7 |
|  |  | 1,891.7 |  |  |  | 2,182.6 |  |  |  | 3,646.2 |  |  |  | 4,001.0 |
Northern Europe |  |  | 1,415.8 |  |  |  | 1,566.3 |  |  |  | 2,859.8 |  |  |  | 3,022.9 |
APME |  |  | 662.9 |  |  |  | 662.8 |  |  |  | 1,342.9 |  |  |  | 1,265.7 |
Right Management |  |  | 83.9 |  |  |  | 84.6 |  |  |  | 163.5 |  |  |  | 166.4 |
Consolidated (b) |  | $ | 5,206.7 |  |  | $ | 5,667.3 |  |  | $ | 10,303.1 |  |  | $ | 10,739.7 |
Operating unit profit (loss): (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 7.7 |  |  | $ | 27.2 |  |  | $ | 14.6 |  |  | $ | 35.9 |
Other Americas |  |  | 10.5 |  |  |  | 12.3 |  |  |  | 25.8 |  |  |  | 25.1 |
|  |  | 18.2 |  |  |  | 39.5 |  |  |  | 40.4 |  |  |  | 61.0 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 15.5 |  |  |  | 24.8 |  |  |  | 21.0 |  |  |  | 36.8 |
Italy |  |  | 12.6 |  |  |  | 22.4 |  |  |  | 27.1 |  |  |  | 35.3 |
Other Southern Europe |  |  | 3.0 |  |  |  | 2.7 |  |  |  | 6.5 |  |  |  | 4.9 |
|  |  | 31.1 |  |  |  | 49.9 |  |  |  | 54.6 |  |  |  | 77.0 |
Northern Europe |  |  | 39.2 |  |  |  | 56.1 |  |  |  | 83.1 |  |  |  | 98.0 |
APME |  |  | 21.8 |  |  |  | 18.9 |  |  |  | 41.4 |  |  |  | 35.4 |
Right Management |  |  | (2.9 | ) |  |  | 2.8 |  |  |  | (0.4) |  |  |  | 6.1 |
|  |  | 107.4 |  |  |  | 167.2 |  |  |  | 219.1 |  |  |  | 277.5 |
Corporate expenses |  |  | (22.9 | ) |  |  | (30.5 | ) |  |  | (49.2 | ) |  |  | (62.5 | )
Intangible asset amortization expense (c) |  |  | (9.2 | ) |  |  | (9.4 | ) |  |  | (18.2 | ) |  |  | (19.0 | )
Reclassification of French business tax (d) |  |  | 19.1 |  |  |  | 23.5 |  |  |  | 36.5 |  |  |  | 40.4 |
Operating profit |  |  | 94.4 |  |  |  | 150.8 |  |  |  | 188.2 |  |  |  | 236.4 |
Interest and other expenses |  |  | (11.3 | ) |  |  | (11.8 | ) |  |  | (23.1 | ) |  |  | (22.9 | )
Earnings before income taxes |  | $ | 83.1 |  |  | $ | 139.0 |  |  | $ | 165.1 |  |  | $ | 213.5 |
(a) | In the United States, where a majority of our franchises operate, Revenues from services included fees received from the related franchise offices of $3.8 and $3.2 for the three months ended June 30, 2012 and 2011, respectively, and, $7.0 and $5.9 for the six months ended June 30, 2012 and 2011, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $180.6 and $163.2 for the three months ended June 30, 2012 and 2011, respectively, and $345.0 and $311.7 for the six months ended June 30, 2012 and 2011, respectively.
(b) | Our consolidated Revenues from services include fees received from our franchise offices of $6.1 and $5.7 for the three months ended June 30, 2012 and 2011, respectively, and $11.5 and $11.6 for the six months ended June 30, 2012 and 2011, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $270.0 and $249.6 for the three months ended June 30, 2012 and 2011, respectively and $523.9 and $524.1 for the six months ended June 30, 2012 and 2011, respectively.
(c) | We evaluate segment performance based on Operating unit profit ("OUP"), which is equal to segment revenues less cost of services and branch and national headquarters operating costs. This profit measure does not include goodwill and intangible asset impairment charges or amortization of intangibles related to acquisitions, interest and other income and expense amounts or income taxes.
(d) | The French business tax was reported in Provision for income taxes rather than in Cost of services, in accordance with the current accounting guidance on income taxes. However, we view this tax as operational in nature. Accordingly, the financial information reviewed internally continues to include the French business tax within the OUP of our France reportable segment. Therefore, we have shown the amount of the French business tax separately to be able to reconcile to our Earnings before income taxes.

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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