XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.19.3

Segment Data | 9 Months Ended
--- | ---
Sep. 30, 2019
Segment Reporting [Abstract] |
Segment Data | (15) Segment Data We are organized and managed primarily on a geographic basis, with Right Management currently operating as a separate global business unit. Each country and business unit generally has its own distinct operations and management team, providing services under our global brands, and maintains its own financial reports. We have an executive sponsor for each global brand who is responsible for ensuring the integrity and consistency of delivery locally. Each operation reports directly or indirectly through a regional manager, to a member of executive management. Given this reporting structure, we operate using 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 our staffing and interim services. The remaining revenues within these segments are derived from our outcome-based solutions and consulting services, permanent recruitment services and other services. The Right Management segment revenues are derived from outplacement and talent management services. Segment revenues represent sales to external clients. We provide services to a wide variety of clients, none of which individually comprise a significant portion of revenues for us as a whole. Due to the nature of our business, we generally do not have export sales.
|  | 3 Months Ended September 30, |  |  | 9 Months Ended September 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Revenues from services: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States (a) |  | $ | 645.7 |  |  | $ | 633.2 |  |  | $ | 1,880.2 |  |  | $ | 1,890.0 |
Other Americas |  |  | 425.0 |  |  |  | 406.8 |  |  |  | 1,241.2 |  |  |  | 1,225.1 |
|  |  | 1,070.7 |  |  |  | 1,040.0 |  |  |  | 3,121.4 |  |  |  | 3,115.1 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 1,382.1 |  |  |  | 1,460.6 |  |  |  | 4,103.7 |  |  |  | 4,397.1 |
Italy |  |  | 376.6 |  |  |  | 410.2 |  |  |  | 1,126.5 |  |  |  | 1,266.8 |
Other Southern Europe |  |  | 592.9 |  |  |  | 460.8 |  |  |  | 1,610.8 |  |  |  | 1,413.7 |
|  |  | 2,351.6 |  |  |  | 2,331.6 |  |  |  | 6,841.0 |  |  |  | 7,077.6 |
Northern Europe |  |  | 1,156.6 |  |  |  | 1,287.1 |  |  |  | 3,529.5 |  |  |  | 4,097.9 |
APME |  |  | 621.9 |  |  |  | 713.0 |  |  |  | 2,030.7 |  |  |  | 2,158.0 |
Right Management |  |  | 48.1 |  |  |  | 47.0 |  |  |  | 144.3 |  |  |  | 149.4 |
Consolidated (b) |  | $ | 5,248.9 |  |  | $ | 5,418.7 |  |  | $ | 15,666.9 |  |  | $ | 16,598.0 |
Operating unit profit: (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 35.8 |  |  | $ | 33.2 |  |  | $ | 84.4 |  |  | $ | 98.1 |
Other Americas |  |  | 18.9 |  |  |  | 18.1 |  |  |  | 51.0 |  |  |  | 52.8 |
|  |  | 54.7 |  |  |  | 51.3 |  |  |  | 135.4 |  |  |  | 150.9 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 70.4 |  |  |  | 78.8 |  |  |  | 201.6 |  |  |  | 209.5 |
Italy |  |  | 23.3 |  |  |  | 25.7 |  |  |  | 73.5 |  |  |  | 82.8 |
Other Southern Europe |  |  | 22.8 |  |  |  | 17.1 |  |  |  | 51.8 |  |  |  | 48.7 |
|  |  | 116.5 |  |  |  | 121.6 |  |  |  | 326.9 |  |  |  | 341.0 |
Northern Europe |  |  | 21.4 |  |  |  | 40.5 |  |  |  | 46.3 |  |  |  | 81.8 |
APME (d) |  |  | 53.3 |  |  |  | 32.4 |  |  |  | 101.5 |  |  |  | 87.5 |
Right Management |  |  | 7.5 |  |  |  | 6.5 |  |  |  | 18.6 |  |  |  | 23.4 |
|  |  | 253.4 |  |  |  | 252.3 |  |  |  | 628.7 |  |  |  | 684.6 |
Corporate expenses |  |  | (29.2 | ) |  |  | (26.3 | ) |  |  | (89.0 | ) |  |  | (79.0 | )
Goodwill impairment charge |  |  | - |  |  |  | - |  |  |  | (64.0 | ) |  |  | - |
Intangible asset amortization expense |  |  | (7.2 | ) |  |  | (9.3 | ) |  |  | (22.4 | ) |  |  | (26.8 | )
Operating profit |  |  | 217.0 |  |  |  | 216.7 |  |  |  | 453.3 |  |  |  | 578.8 |
Interest and other (expenses) income, net (e) |  |  | (12.2 | ) |  |  | (11.8 | ) |  |  | 46.1 |  |  |  | (38.4 | )
Earnings before income taxes |  | $ | 204.8 |  |  | $ | 204.9 |  |  | $ | 499.4 |  |  | $ | 540.4 |
(a) | In the United States, revenues from services included fees received from the related franchise offices of $3.5 and $3.7 for the three months ended September 30, 2019 and 2018, respectively, and $10.8 for both the nine months ended September 30, 2019 and 2018. These fees are primarily based on revenues generated by the franchise offices, which were $151.6 and $169.9 for the three months ended September 30, 2019 and 2018, respectively, and $462.8 and $485.6 for the nine months ended September 30, 2019 and 2018, respectively.
(b) | Our consolidated revenues from services include fees received from our franchise offices of $4.3 and $6.2 for the three months ended September 30, 2019 and 2018, respectively, and $14.0 and $17.6 for the nine months ended September 30, 2019 and 2018, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $274.0 and $278.7 for the three months ended September 30, 2019 and 2018, respectively, and $680.2 and $789.4 for the nine months ended September 30, 2019 and 2018, 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, corporate expenses, interest and other income and expense amounts or income taxes.
(d) | APME OUP includes a one-time non-cash gain of $30.4 for the three and nine months ended September 30, 2019, related to the deconsolidation of our ManpowerGroup Greater China Limited joint venture. See Note 5 to the Consolidated Financial Statements for further information.
(e) | Interest and other (expenses) income, net includes a one-time non-cash gain of $80.4 for the nine months ended September 30, 2019, related to the disposition of our previously held equity interest in Manpower Switzerland. See Note 5 to the Consolidated Financial Statements for further information.

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