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Segment Data (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Data |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Revenues from services: |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |
United States (a) |  | $ | 697.0 |  |  | $ | 709.1 |  |  | $ | 1,377.4 |  |  | $ | 1,450.7 |
Other Americas |  |  | 367.4 |  |  |  | 389.6 |  |  |  | 723.4 |  |  |  | 778.2 |
|  |  | 1,064.4 |  |  |  | 1,098.7 |  |  |  | 2,100.8 |  |  |  | 2,228.9 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 1,184.9 |  |  |  | 1,278.2 |  |  |  | 2,304.2 |  |  |  | 2,447.5 |
Italy |  |  | 434.9 |  |  |  | 457.8 |  |  |  | 839.2 |  |  |  | 880.0 |
Other Southern Europe |  |  | 478.2 |  |  |  | 490.9 |  |  |  | 935.9 |  |  |  | 967.3 |
|  |  | 2,098.0 |  |  |  | 2,226.9 |  |  |  | 4,079.3 |  |  |  | 4,294.8 |
Northern Europe |  |  | 837.3 |  |  |  | 952.5 |  |  |  | 1,707.6 |  |  |  | 1,920.1 |
APME |  |  | 541.4 |  |  |  | 599.4 |  |  |  | 1,076.5 |  |  |  | 1,205.3 |
|  |  | 4,541.1 |  |  |  | 4,877.5 |  |  |  | 8,964.2 |  |  |  | 9,649.1 |
Intercompany Eliminations |  |  | (20.4 | ) |  |  | (21.4 | ) |  |  | (40.2 | ) |  |  | (40.7 | )
Consolidated (b) |  | $ | 4,520.7 |  |  | $ | 4,856.1 |  |  | $ | 8,924.0 |  |  | $ | 9,608.4 |
Operating unit profit: (c) |  |  |  |  |  |  |  |  |  |  |  |
Americas: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 27.4 |  |  | $ | 23.1 |  |  | $ | 39.4 |  |  | $ | 53.1 |
Other Americas |  |  | 17.7 |  |  |  | 20.1 |  |  |  | 31.8 |  |  |  | 38.7 |
|  |  | 45.1 |  |  |  | 43.2 |  |  |  | 71.2 |  |  |  | 91.8 |
Southern Europe: |  |  |  |  |  |  |  |  |  |  |  |
France |  |  | 40.3 |  |  |  | 49.5 |  |  |  | 73.4 |  |  |  | 94.4 |
Italy |  |  | 34.0 |  |  |  | 36.3 |  |  |  | 61.4 |  |  |  | 67.0 |
Other Southern Europe |  |  | 8.9 |  |  |  | 6.8 |  |  |  | 18.3 |  |  |  | 21.1 |
|  |  | 83.2 |  |  |  | 92.6 |  |  |  | 153.1 |  |  |  | 182.5 |
Northern Europe |  |  | (2.4 | ) |  |  | (9.7 | ) |  |  | (2.4 | ) |  |  | (4.7 | )
APME |  |  | 25.0 |  |  |  | 25.7 |  |  |  | 44.9 |  |  |  | 46.8 |
|  |  | 150.9 |  |  |  | 151.8 |  |  |  | 266.8 |  |  |  | 316.4 |
Corporate expenses |  |  | (41.7 | ) |  |  | (35.5 | ) |  |  | (83.4 | ) |  |  | (73.4 | )
Intangible asset amortization expense |  |  | (8.1 | ) |  |  | (8.7 | ) |  |  | (16.4 | ) |  |  | (17.5 | )
Operating profit |  |  | 101.1 |  |  |  | 107.6 |  |  |  | 167.0 |  |  |  | 225.5 |
Interest and other expenses, net |  |  | (8.7 | ) |  |  | (11.8 | ) |  |  | (17.1 | ) |  |  | (19.3 | )
Earnings before income taxes |  | $ | 92.4 |  |  | $ | 95.8 |  |  | $ | 149.9 |  |  | $ | 206.2 |
(a) In the United States, revenues from services included fees received from the related franchise offices of $3.2 and $2.6 for the three months ended June 30, 2024 and 2023, respectively, and $5.6 and $5.8 for the six months ended June 30, 2024 and 2023, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $99.8 and $100.8 for the three months ended June 30, 2024 and 2023, respectively, and $187.2 and $200.1 for the six months ended June 30, 2024 and 2023, respectively. (b) Our consolidated revenues from services include fees received from our franchise offices of $4.0 and $3.3 for the three months ended June 30, 2024 and 2023, respectively, and $7.3 and $7.2 for the six months ended June 30, 2024 and 2023, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $287.7 and $250.6 for the three months ended June 30, 2024 and 2023, respectively, and $564.9 and $500.8 for the six months ended June 30, 2024 and 2023, 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 expense amounts or income taxes.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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