XML 24 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Goodwill
6 Months Ended
Jul. 02, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
As discussed in the Segment Disclosures footnote, during the first quarter of 2017 the Company’s chief operating decision maker (“CODM”) changed the way he regularly reviews information for purposes of allocating resources and assessing performance, which resulted in a change in our operating segments and reporting units. We allocated goodwill to our new reporting units using a relative fair value approach. In addition, as discussed in the Fair Value Measurements footnote, we completed an assessment of any potential goodwill impairment for all reporting units with goodwill and determined that no impairment existed. The changes in the carrying amount of goodwill for the second quarter-end 2017 are included in the table below.
 
As of Year-End 2016
 
 
 
As of Second Quarter-End 2017
 
Goodwill,
Gross
 
Accumulated Impairment Losses
 
Goodwill,
Net
 
Allocation of Goodwill
 
Goodwill
 
(In millions of dollars)
 
 
 
 
 
 
 
 
 
 
Americas Commercial
$
40.0

 
$
(16.4
)
 
$
23.6

 
$
(23.6
)
 
$

Americas PT
37.9

 

 
37.9

 
(37.9
)
 

EMEA Commercial
50.4

 
(50.4
)
 

 

 

EMEA PT
22.0

 
(22.0
)
 

 

 

APAC Commercial
12.1

 
(12.1
)
 

 

 

APAC PT

 

 

 

 

OCG
26.9

 

 
26.9

 
(26.9
)
 

 
 
 
 
 
 
 
 
 
 
Americas Staffing

 

 

 
25.9

 
25.9

Global Talent Solutions

 

 

 
62.5

 
62.5

International Staffing

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
$
189.3

 
$
(100.9
)
 
$
88.4

 
$

 
$
88.4