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Investment in Equity Affiliate
12 Months Ended
Jan. 03, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Investment in Equity Affiliate
Investment in Equity Affiliate
We have a 49% ownership interest in TS Kelly Workforce Solutions (“TS Kelly”). The operating results of our interest in TS Kelly are accounted for on a one-quarter lag under the equity method and are recorded in other expense, net in the consolidated statement of earnings (see Other Expense, Net footnote).
The total investment in TS Kelly was $9.4 million as of year-end 2015 and $9.6 million as of year-end 2014. In 2015, we made cash contributions to TS Kelly totaling $0.5 million. In 2014, we made net cash contributions and loans to TS Kelly totaling $5.7 million, which includes $4.8 million for the acquisition of a China-based staffing company. In 2013, we made a loan to TS Kelly of $1.4 million, which was subsequently capitalized in 2014. The amount due to or due from TS Kelly was immaterial as of year-end 2015 and 2014.