Kelly Services (KELYA) 10-Q 6 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 29, 2015	Apr. 24, 2015
Document Information [Line Items]
Entity Registrant Name	Kelly Services Inc
Document Type	10-Q
Current Fiscal Year End Date	-2
Amendment Flag	FALSE
Entity Central Index Key	55135
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Period End Date	29-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		34,279,376
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,451,261

Consolidated_Statements_of_Ear

Consolidated Statements of Earnings (Unaudited) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Income Statement [Abstract]
Revenue from services	$1,320.60	$1,330.80
Cost of services	1,100.30	1,108.50
Gross profit	220.3	222.3
Selling, general and administrative expenses	208.2	216
Earnings from operations	12.1	6.3
Other expense, net	2.5	1.7
Earnings before taxes	9.6	4.6
Income tax expense	5.9	2.1
Net earnings	$3.70	$2.50
Basic earnings per share (in dollars per share)	$0.10	$0.07
Diluted earnings per share (in dollars per share)	$0.10	$0.07
Dividends per share (in dollars per share)	$0.05	$0.05
Average shares outstanding (millions):
Basic (in shares)	37.7	37.4
Diluted (in shares)	37.8	37.4

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$3.70	$2.50
Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax benefit of $0.3 million in 2015 and expense of $0.2 million in 2014	-8.4	0.4
Less: Reclassification adjustments included in net earnings	-0.2	0
Foreign currency translation adjustments	-8.6	0.4
Unrealized gains (losses) on investment, net of tax expense of $1.7 million in 2015 and benefit of $0.3 million in 2014	3.1	-0.1
Other comprehensive (loss) income	-5.5	0.3
Comprehensive (Loss) Income	($1.80)	$2.80

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax (benefit) expense	($0.30)	$0.20
Unrealized gains (losses) on investments, tax expense (benefit)	$1.70	($0.30)

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 29, 2015	Dec. 28, 2014
In Millions, unless otherwise specified
CURRENT ASSETS:
Cash and equivalents	$49.40	$83.10
Trade accounts receivable, less allowances of $11.5 and $10.7, respectively	1,099.30	1,122.80
Prepaid expenses and other current assets	52	47.9
Deferred taxes	32.4	34.4
Total current assets	1,233.10	1,288.20
PROPERTY AND EQUIPMENT:
Property and equipment	356.7	360
Accumulated depreciation	-266.9	-267
Net property and equipment	89.8	93
NONCURRENT DEFERRED TAXES	147.9	146.3
GOODWILL, NET	90.3	90.3
OTHER ASSETS	305.2	300.1
TOTAL ASSETS	1,866.30	1,917.90
CURRENT LIABILITIES:
Short-term borrowings	80.6	91.9
Accounts payable and accrued liabilities	344.4	364
Accrued payroll and related taxes	292.8	308.5
Accrued insurance	26.7	26.9
Income and other taxes	64.6	68.8
Total current liabilities	809.1	860.1
NONCURRENT LIABILITIES:
Accrued insurance	43.5	43.9
Accrued retirement benefits	144.9	140.8
Other long-term liabilities	37.7	39.4
Total noncurrent liabilities	226.1	224.1
Commitments and Contingencies
Treasury stock, at cost
Paid-in capital	25.9	24.9
Earnings invested in the business	769.2	767.4
Accumulated other comprehensive income	45.6	51.1
Total stockholders’ equity	831.1	833.7
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	1,866.30	1,917.90
Class A Common Stock
Capital stock, $1.00 par value
Common stock, value	36.6	36.6
Treasury stock, at cost
Treasury stock, value	-49.1	-49.2
Class B Common Stock
Capital stock, $1.00 par value
Common stock, value	3.5	3.5
Treasury stock, at cost
Treasury stock, value	($0.60)	($0.60)

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Mar. 29, 2015	Dec. 28, 2014
In Millions, except Per Share data, unless otherwise specified
Allowance for trade accounts receivables	$11.50	$10.70
Class A Common Stock
Capital stock, par value (in dollars per share)	$1	$1
Common stock, shares issued (in shares)	36.6	36.6
Treasury stock, common stock (in shares)	2.4	2.4
Class B Common Stock
Capital stock, par value (in dollars per share)	$1	$1
Common stock, shares issued (in shares)	3.5	3.5

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)	Total	Common Stock	Common Stock	Treasury Stock	Treasury Stock	Paid-in Capital	Earnings Invested in the Business	Accumulated Other Comprehensive Income
In Millions, unless otherwise specified		Capital Stock, Class A common stock	Capital Stock, Class B common stock	Treasury Stock, Class A common stock	Treasury Stock, Class B common stock
Beginning balance at Dec. 29, 2013		$36.60	$3.50	($55.60)	($0.60)	$26	$751.30	$61.40
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock and other				0.2
Issuance of restricted stock and other						1.5
Net earnings	2.5						2.5
Dividends							-1.9
Other comprehensive income, net of tax	0.3							0.3
Ending balance at Mar. 30, 2014	825.2	36.6	3.5	-55.4	-0.6	27.5	751.9	61.7
Beginning balance at Dec. 28, 2014	833.7	36.6	3.5	-49.2	-0.6	24.9	767.4	51.1
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock and other				0.1
Issuance of restricted stock and other						1
Net earnings	3.7						3.7
Dividends							-1.9
Other comprehensive income, net of tax	-5.5							-5.5
Ending balance at Mar. 29, 2015	$831.10	$36.60	$3.50	($49.10)	($0.60)	$25.90	$769.20	$45.60

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Cash flows from operating activities:
Net earnings	$3.70	$2.50
Noncash adjustments:
Depreciation and amortization	5.5	5.3
Provision for bad debts	1.2	1.6
Stock-based compensation	1.2	1.7
Other, net	-0.6	0.3
Changes in operating assets and liabilities	-27.4	-102.2
Net cash used in operating activities	-16.4	-90.8
Cash flows from investing activities:
Capital expenditures	-2.6	-3.3
Investment in equity affiliate	0	-0.6
Other investing activities	-0.2	0.1
Net cash used in investing activities	-2.8	-3.8
Cash flows from financing activities:
Net change in short-term borrowings	-11	26.5
Dividend payments	-1.9	-1.9
Net cash (used in) from financing activities	-12.9	24.6
Effect of exchange rates on cash and equivalents	-1.6	2.2
Net change in cash and equivalents	-33.7	-67.8
Cash and equivalents at beginning of period	83.1	125.7
Cash and equivalents at end of period	$49.40	$57.90

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 29, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying unaudited consolidated financial statements of Kelly Services, Inc. (the “Company,” “Kelly,” “we” or “us”) have been prepared in accordance with Rule 10-01 of Regulation S-X and do not include all the information and notes required by generally accepted accounting principles for complete financial statements. All adjustments, including normal recurring adjustments, have been made which, in the opinion of management, are necessary for a fair statement of the results of the interim periods. The results of operations for such interim periods are not necessarily indicative of results of operations for a full year. The unaudited consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements and notes thereto for the fiscal year ended December 28, 2014, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 12, 2015 (the 2014 consolidated financial statements). The Company’s first fiscal quarter ended on March 29, 2015 (2015) and March 30, 2014 (2014), each of which contained 13 weeks.
	The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 29, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements
	Trade accounts receivable, accounts payable, accrued liabilities, accrued payroll and related taxes and short-term borrowings approximate their fair values due to the short-term maturities of these assets and liabilities.
	Assets Measured at Fair Value on a Recurring Basis
	The following tables present assets measured at fair value on a recurring basis on the consolidated balance sheet as of first quarter-end 2015 and year-end 2014 by fair value hierarchy level, as described below.
	Level 1 measurements consist of unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 measurements include quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 3 measurements include significant unobservable inputs.
		Fair Value Measurements on a Recurring Basis
		As of First Quarter-End 2015
	Description	Total		Level 1		Level 2		Level 3
		(In millions of dollars)
	Money market funds	$	3.3	$	3.3	$	—	$	—
	Available-for-sale investment	102.9		102.9		—		—
	Total assets at fair value	$	106.2	$	106.2	$	—	$	—
		Fair Value Measurements on a Recurring Basis
		As of Year-End 2014
	Description	Total		Level 1		Level 2		Level 3
		(In millions of dollars)
	Money market funds	$	3.3	$	3.3	$	—	$	—
	Available-for-sale investment	97.9		97.9		—		—
	Total assets at fair value	$	101.2	$	101.2	$	—	$	—
	Money market funds as of first quarter-end 2015 and as of year-end 2014 represent investments in money market accounts, all of which are restricted as to use and are included in other assets on the consolidated balance sheet. The valuations were based on quoted market prices of those accounts as of the respective period end.
	Available-for-sale investment represents the Company’s investment in Temp Holdings Co., Ltd. (“Temp Holdings”), a leading integrated human resources company in Japan, and is included in other assets on the consolidated balance sheet. The valuation is based on the quoted market price of Temp Holdings stock on the Tokyo Stock Exchange as of the period end. The unrealized gain, net of tax, of $3.1 million for the first quarter of 2015 and the unrealized loss, net of tax, of $0.1 million for the first quarter of 2014 was recorded in other comprehensive income, and in accumulated other comprehensive income, a component of stockholders’ equity. The cost of this yen-denominated investment, which fluctuates based on foreign exchange rates, was $17.4 million as of the first quarter-end 2015 and $17.2 million at year-end 2014.

Restructuring

Restructuring	3 Months Ended
	Mar. 29, 2015
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring
	A summary of our global restructuring balance sheet accrual, primarily included in accrued payroll and related taxes, is detailed below (in millions of dollars):
	Balance as of year-end 2014	$	6.9
	Reductions for cash payments related to all restructuring activities	(4.2		)
	Balance as of first quarter-end 2015	$	2.7
	The remaining balance of $2.7 million as of the 2015 first quarter end represents primarily severance costs and the majority is expected to be paid in 2015.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 29, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income
	The changes in accumulated other comprehensive income by component, net of tax, for the first quarter 2015 and 2014 are included in the tables below. Amounts in parentheses indicate debits. Reclassification adjustments out of accumulated other comprehensive income for the first quarter 2015 totaled 0.2 million, which was recorded in the other expense, net line item in the consolidated statement of earnings. Reclassification adjustments for 2014 were not significant.
		First Quarter 2015
		Foreign			Unrealized			Pension			Total
		Currency			Gains and			Liability Adjustments
		Translation Adjustments			Losses on Investment
		(In millions of dollars)
	Beginning balance	$	(3.0	)	$	56.3		$	(2.2	)	$	51.1
	Other comprehensive income (loss) before reclassifications	(8.4		)	3.1			—			(5.3		)
	Amounts reclassified from accumulated other comprehensive income	(0.2		)	—			—			(0.2		)
	Net current-period other comprehensive income	(8.6		)	3.1			—			(5.5		)
	Ending balance	$	(11.6	)	$	59.4		$	(2.2	)	$	45.6
		First Quarter 2014
		Foreign			Unrealized			Pension			Total
		Currency			Gains and			Liability Adjustments
		Translation Adjustments			Losses on Investment
		(In millions of dollars)
	Beginning balance	$	18.1		$	44.8		$	(1.5	)	$	61.4
	Other comprehensive income (loss)	0.4			(0.1		)	—			0.3
	Ending balance	$	18.5		$	44.7		$	(1.5	)	$	61.7

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 29, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share
	The reconciliation of basic and diluted earnings per share on common stock for the first quarter 2015 and 2014 follows (in millions of dollars except per share data):
		First Quarter
		2015			2014
	Net Earnings	$	3.7		$	2.5
	Less: Earnings allocated to participating securities	(0.1		)	(0.1		)
	Net Earnings available to common shareholders	$	3.6		$	2.4
	Basic earnings per share on common stock	$	0.1		$	0.07
	Diluted earnings per share on common stock	$	0.1		$	0.07
	Average common shares outstanding (millions):
	Basic	37.7			37.4
	Diluted	37.8			37.4
	Stock options excluded from the computation of diluted earnings per share due to their anti-dilutive effect for the first quarter 2015 were not significant. Stock options representing 0.2 million shares for the first quarter 2014 were excluded from the computation of diluted earnings per share due to their anti-dilutive effect.

Other_Expense_Net

Other Expense, Net	3 Months Ended
	Mar. 29, 2015
Other Income and Expenses [Abstract]
Other Expense, Net	Other Expense, Net
	Included in other expense, net for the first quarter 2015 and 2014 are the following:
		First Quarter
		2015			2014
		(In millions of dollars)
	Interest income	$	0.1		$	0.1
	Interest expense	(0.9		)	(0.6		)
	Net loss on equity investment	(0.1		)	(0.4		)
	Foreign exchange losses	(1.6		)	(0.8		)
	Other expense, net	$	(2.5	)	$	(1.7	)

Contingencies

Contingencies	3 Months Ended
	Mar. 29, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies
	During the fourth quarter of 2013, a Louisiana jury rendered an award of $4.4 million, pursuant to litigation brought by Robert and Margaret Ward against the Jefferson Parish School Board and Kelly Services. Under the verdict, Kelly’s share of the liability consisted of $2.7 million, plus a portion of pre- and post-judgment interest. In April 2014, Kelly reached an agreement with the plaintiffs pursuant to which Kelly and its primary insurer agreed to pay $1.0 million to the plaintiffs to satisfy the judgment against the primary insurer and Kelly; however, Kelly’s umbrella/excess insurer elected to continue to appeal the decision. During the third quarter of 2014, plaintiffs reached a tentative settlement agreement, which did not call for any additional financial contribution from Kelly. In January 2015, Plaintiffs filed a Satisfaction of Judgment with the Court, pursuant to an agreement reached with the excess insurer, thereby resolving this matter and foreclosing any further financial risk to Kelly. In light of this settlement, during the first quarter of 2015, Kelly reduced its accrual for litigation costs, and the offsetting insurance receivable, by $1.7 million.
	The Company is continuously engaged in litigation arising in the ordinary course of its business, typically matters alleging employment discrimination, alleging wage and hour violations or enforcing the restrictive covenants in the Company’s employment agreements. While there is no expectation that any of these matters will have a material adverse effect on the Company’s results of operations, financial position or cash flows, litigation is always subject to inherent uncertainty and the Company is not able to reasonably predict if any matter will be resolved in a manner that is materially adverse to the Company.

Segment_Disclosures

Segment Disclosures	3 Months Ended
	Mar. 29, 2015
Segment Reporting [Abstract]
Segment Disclosures	Segment Disclosures
	The Company’s segments are based on the organizational structure for which financial results are regularly evaluated by the Company’s chief operating decision makers (the Company’s Chief Executive Officer and Chief Operating Officer) to determine resource allocation and assess performance. The Company’s seven reporting segments are: (1) Americas Commercial, (2) Americas Professional and Technical (“Americas PT”), (3) Europe, Middle East and Africa Commercial (“EMEA Commercial”), (4) Europe, Middle East and Africa Professional and Technical (“EMEA PT”), (5) Asia Pacific Commercial (“APAC Commercial”), (6) Asia Pacific Professional and Technical (“APAC PT”) and (7) Outsourcing and Consulting Group (“OCG”).
	The Commercial business segments within the Americas, EMEA and APAC regions represent traditional office services, contact-center staffing, marketing, electronic assembly, light industrial and, in the Americas, substitute teachers. The PT segments encompass a wide range of highly skilled temporary employees, including scientists, financial professionals, attorneys, engineers, IT specialists and healthcare workers. OCG includes recruitment process outsourcing (“RPO”), contingent workforce outsourcing (“CWO”), business process outsourcing (“BPO”), payroll process outsourcing (“PPO”), executive placement and career transition/outplacement services. Corporate expenses that directly support the operating units have been allocated to the Americas, EMEA and APAC regions and OCG based on a work effort, volume or, in the absence of a readily available measurement process, proportionately based on revenue from services.
	The following tables present information about the reported revenue from services and gross profit of the Company by segment, along with a reconciliation to consolidated earnings before taxes, for the first quarter 2015 and 2014. Asset information by reportable segment is not presented, since the Company does not produce such information internally nor does it use such data to manage its business.
		First Quarter
		2015			2014
		(In millions of dollars)
	Revenue from Services:
	Americas Commercial	$	641.4		$	613.2
	Americas PT	232.8			236.4
	Total Americas Commercial and PT	874.2			849.6
	EMEA Commercial	178.3			221.9
	EMEA PT	40.3			47.7
	Total EMEA Commercial and PT	218.6			269.6
	APAC Commercial	85.6			83
	APAC PT	10.5			8.6
	Total APAC Commercial and PT	96.1			91.6
	OCG	149.5			134.4
	Less: Intersegment revenue	(17.8		)	(14.4		)
	Consolidated Total	$	1,320.60		$	1,330.80
		First Quarter
		2015			2014
		(In millions of dollars)
	Earnings from Operations:
	Americas Commercial gross profit	$	97.8		$	91.8
	Americas PT gross profit	38.9			39.8
	Americas Region gross profit	136.7			131.6
	Americas Region SG&A expenses	(113.5		)	(109.5		)
	Americas Region Earnings from Operations	23.2			22.1
	EMEA Commercial gross profit	24.6			32.9
	EMEA PT gross profit	8.7			11.1
	EMEA Region gross profit	33.3			44
	EMEA Region SG&A expenses	(33.5		)	(41.9		)
	EMEA Region Earnings from Operations	(0.2		)	2.1
	APAC Commercial gross profit	13			12.3
	APAC PT gross profit	2.9			2.8
	APAC Region gross profit	15.9			15.1
	APAC Region SG&A expenses	(12.1		)	(14.3		)
	APAC Region Earnings from Operations	3.8			0.8
	OCG gross profit	35.5			32.6
	OCG SG&A expenses	(32.7		)	(31.4		)
	OCG Earnings from Operations	2.8			1.2
	Less: Intersegment gross profit	(1.1		)	(1.0		)
	Less: Intersegment SG&A expenses	1.1			1
	Net Intersegment Activity	—			—
	Corporate	(17.5		)	(19.9		)
	Consolidated Total	12.1			6.3
	Other Expense, Net	2.5			1.7
	Earnings Before Taxes	$	9.6		$	4.6

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 29, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued new revenue recognition guidance under Accounting Standards Update (“ASU”) 2014-09 that will supersede the existing revenue recognition guidance under U.S. Generally Accepted Accounting Principles. The new standard focuses on creating a single source of revenue guidance for revenue arising from contracts with customers for all industries. The objective of the new standard is for companies to recognize revenue when it transfers the promised goods or services to its customers at an amount that represents what the company expects to be entitled to in exchange for those goods or services. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2016. Early adoption is not permitted. In April 2015, the FASB proposed a one-year deferral of the effective date. If approved, the effective date will change to December 15, 2017 and the FASB has also proposed that early adoption will then be permitted, but not before the original effective date of December 15, 2016. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.
	In August 2014, the FASB issued ASU 2014-15 requiring management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern, which is currently performed by the external auditors. Management will be required to perform this assessment for both interim and annual reporting periods and must make certain disclosures if it concludes that substantial doubt exists. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2016. The adoption of this guidance is not expected to have a material effect on our financial statements.
	In April 2015, the FASB issued ASU 2015-03 amending current guidance for debt issuance costs. The new guidance requires debt issuance costs to be presented as a deduction from the carrying amount of the related debt liability rather than as an asset. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2015 and early adoption is permitted. The new guidance will be applied retrospectively to all prior periods presented. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.
	Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

New_Accounting_Pronouncements_

New Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 29, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board (“FASB”) issued new revenue recognition guidance under Accounting Standards Update (“ASU”) 2014-09 that will supersede the existing revenue recognition guidance under U.S. Generally Accepted Accounting Principles. The new standard focuses on creating a single source of revenue guidance for revenue arising from contracts with customers for all industries. The objective of the new standard is for companies to recognize revenue when it transfers the promised goods or services to its customers at an amount that represents what the company expects to be entitled to in exchange for those goods or services. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2016. Early adoption is not permitted. In April 2015, the FASB proposed a one-year deferral of the effective date. If approved, the effective date will change to December 15, 2017 and the FASB has also proposed that early adoption will then be permitted, but not before the original effective date of December 15, 2016. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.
	In August 2014, the FASB issued ASU 2014-15 requiring management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern, which is currently performed by the external auditors. Management will be required to perform this assessment for both interim and annual reporting periods and must make certain disclosures if it concludes that substantial doubt exists. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2016. The adoption of this guidance is not expected to have a material effect on our financial statements.
	In April 2015, the FASB issued ASU 2015-03 amending current guidance for debt issuance costs. The new guidance requires debt issuance costs to be presented as a deduction from the carrying amount of the related debt liability rather than as an asset. This ASU is effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2015 and early adoption is permitted. The new guidance will be applied retrospectively to all prior periods presented. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.
	Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 29, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value Assets Measured on Recurring Basis
		Fair Value Measurements on a Recurring Basis
		As of First Quarter-End 2015
	Description	Total		Level 1		Level 2		Level 3
		(In millions of dollars)
	Money market funds	$	3.3	$	3.3	$	—	$	—
	Available-for-sale investment	102.9		102.9		—		—
	Total assets at fair value	$	106.2	$	106.2	$	—	$	—
		Fair Value Measurements on a Recurring Basis
		As of Year-End 2014
	Description	Total		Level 1		Level 2		Level 3
		(In millions of dollars)
	Money market funds	$	3.3	$	3.3	$	—	$	—
	Available-for-sale investment	97.9		97.9		—		—
	Total assets at fair value	$	101.2	$	101.2	$	—	$	—

Restructuring_Tables

Restructuring (Tables)	3 Months Ended
	Mar. 29, 2015
Restructuring and Related Activities [Abstract]
Summary of Restructuring Reserve	A summary of our global restructuring balance sheet accrual, primarily included in accrued payroll and related taxes, is detailed below (in millions of dollars):
	Balance as of year-end 2014	$	6.9
	Reductions for cash payments related to all restructuring activities	(4.2		)
	Balance as of first quarter-end 2015	$	2.7

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 29, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income by Component, Net of Tax
		First Quarter 2015
		Foreign			Unrealized			Pension			Total
		Currency			Gains and			Liability Adjustments
		Translation Adjustments			Losses on Investment
		(In millions of dollars)
	Beginning balance	$	(3.0	)	$	56.3		$	(2.2	)	$	51.1
	Other comprehensive income (loss) before reclassifications	(8.4		)	3.1			—			(5.3		)
	Amounts reclassified from accumulated other comprehensive income	(0.2		)	—			—			(0.2		)
	Net current-period other comprehensive income	(8.6		)	3.1			—			(5.5		)
	Ending balance	$	(11.6	)	$	59.4		$	(2.2	)	$	45.6
		First Quarter 2014
		Foreign			Unrealized			Pension			Total
		Currency			Gains and			Liability Adjustments
		Translation Adjustments			Losses on Investment
		(In millions of dollars)
	Beginning balance	$	18.1		$	44.8		$	(1.5	)	$	61.4
	Other comprehensive income (loss)	0.4			(0.1		)	—			0.3
	Ending balance	$	18.5		$	44.7		$	(1.5	)	$	61.7

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Mar. 29, 2015
Earnings Per Share [Abstract]
Reconciliation of Basic and Diluted Earnings Per Share	The reconciliation of basic and diluted earnings per share on common stock for the first quarter 2015 and 2014 follows (in millions of dollars except per share data):
		First Quarter
		2015			2014
	Net Earnings	$	3.7		$	2.5
	Less: Earnings allocated to participating securities	(0.1		)	(0.1		)
	Net Earnings available to common shareholders	$	3.6		$	2.4
	Basic earnings per share on common stock	$	0.1		$	0.07
	Diluted earnings per share on common stock	$	0.1		$	0.07
	Average common shares outstanding (millions):
	Basic	37.7			37.4
	Diluted	37.8			37.4

Other_Expense_Net_Tables

Other Expense, Net (Tables)	3 Months Ended
	Mar. 29, 2015
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Included in other expense, net for the first quarter 2015 and 2014 are the following:
		First Quarter
		2015			2014
		(In millions of dollars)
	Interest income	$	0.1		$	0.1
	Interest expense	(0.9		)	(0.6		)
	Net loss on equity investment	(0.1		)	(0.4		)
	Foreign exchange losses	(1.6		)	(0.8		)
	Other expense, net	$	(2.5	)	$	(1.7	)

Segment_Disclosures_Tables

Segment Disclosures (Tables)	3 Months Ended
	Mar. 29, 2015
Segment Reporting [Abstract]
Segment Revenue Per Service
		First Quarter
		2015			2014
		(In millions of dollars)
	Revenue from Services:
	Americas Commercial	$	641.4		$	613.2
	Americas PT	232.8			236.4
	Total Americas Commercial and PT	874.2			849.6
	EMEA Commercial	178.3			221.9
	EMEA PT	40.3			47.7
	Total EMEA Commercial and PT	218.6			269.6
	APAC Commercial	85.6			83
	APAC PT	10.5			8.6
	Total APAC Commercial and PT	96.1			91.6
	OCG	149.5			134.4
	Less: Intersegment revenue	(17.8		)	(14.4		)
	Consolidated Total	$	1,320.60		$	1,330.80
Segment Earnings from Operations
		First Quarter
		2015			2014
		(In millions of dollars)
	Earnings from Operations:
	Americas Commercial gross profit	$	97.8		$	91.8
	Americas PT gross profit	38.9			39.8
	Americas Region gross profit	136.7			131.6
	Americas Region SG&A expenses	(113.5		)	(109.5		)
	Americas Region Earnings from Operations	23.2			22.1
	EMEA Commercial gross profit	24.6			32.9
	EMEA PT gross profit	8.7			11.1
	EMEA Region gross profit	33.3			44
	EMEA Region SG&A expenses	(33.5		)	(41.9		)
	EMEA Region Earnings from Operations	(0.2		)	2.1
	APAC Commercial gross profit	13			12.3
	APAC PT gross profit	2.9			2.8
	APAC Region gross profit	15.9			15.1
	APAC Region SG&A expenses	(12.1		)	(14.3		)
	APAC Region Earnings from Operations	3.8			0.8
	OCG gross profit	35.5			32.6
	OCG SG&A expenses	(32.7		)	(31.4		)
	OCG Earnings from Operations	2.8			1.2
	Less: Intersegment gross profit	(1.1		)	(1.0		)
	Less: Intersegment SG&A expenses	1.1			1
	Net Intersegment Activity	—			—
	Corporate	(17.5		)	(19.9		)
	Consolidated Total	12.1			6.3
	Other Expense, Net	2.5			1.7
	Earnings Before Taxes	$	9.6		$	4.6

Fair_Value_Measurements_Schedu

Fair Value Measurements - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) (Measured on Recurring Basis, USD $)	Mar. 29, 2015	Dec. 28, 2014
In Millions, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$3.30	$3.30
Available-for-sale investment	102.9	97.9
Total assets at fair value	106.2	101.2
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	3.3	3.3
Available-for-sale investment	102.9	97.9
Total assets at fair value	106.2	101.2
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0	0
Available-for-sale investment	0	0
Total assets at fair value	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0	0
Available-for-sale investment	0	0
Total assets at fair value	$0	$0

Fair_Value_Measurements_Narrat

Fair Value Measurements - Narrative (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014	Dec. 28, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain (loss) on available-for-sale investments, net of tax	$3.10	($0.10)
Cost of available-for-sale investments	17.4		17.2
Temp Holdings Investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain (loss) on available-for-sale investments, net of tax	$3.10	($0.10)

Restructuring_Narrative_Detail

Restructuring - Narrative (Details) (USD $)	Mar. 29, 2015	Dec. 28, 2014
In Millions, unless otherwise specified
Restructuring and Related Activities [Abstract]
Restructuring reserve	$2.70	$6.90

Restructuring_Summary_of_Restr

Restructuring - Summary of Restructuring Reserve (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015
Restructuring Reserve [Roll Forward]
Balance as of year-end	$6.90
Reductions for cash payments related to all restructuring activities	-4.2
Balance as of quarter-end	$2.70

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income - Schedule of Accumulated Other Comprehensive Income by Component, Net of Tax (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Other expense, net	($2.50)	($1.70)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	833.7
Other comprehensive (loss) income	-5.5	0.3
Ending balance	831.1	825.2
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	-3	18.1
Other comprehensive income (loss) before reclassifications	-8.4
Amounts reclassified from accumulated other comprehensive income	-0.2
Other comprehensive (loss) income	-8.6	0.4
Ending balance	-11.6	18.5
Unrealized Gains and Losses on Investment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	56.3	44.8
Other comprehensive income (loss) before reclassifications	3.1
Amounts reclassified from accumulated other comprehensive income	0
Other comprehensive (loss) income	3.1	-0.1
Ending balance	59.4	44.7
Pension Liability Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	-2.2	-1.5
Other comprehensive income (loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income	0
Other comprehensive (loss) income	0	0
Ending balance	-2.2	-1.5
Accumulated Other Comprehensive Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	51.1	61.4
Other comprehensive income (loss) before reclassifications	-5.3
Amounts reclassified from accumulated other comprehensive income	-0.2
Other comprehensive (loss) income	-5.5	0.3
Ending balance	45.6	61.7
Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Translation Adjustments
Other expense, net	($0.20)

Earnings_Per_Share_Reconciliat

Earnings Per Share - Reconciliation of Basic and Diluted Earnings Per Share (Details) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Earnings Per Share [Abstract]
Net Earnings	$3.70	$2.50
Less: Earnings allocated to participating securities	-0.1	-0.1
Net Earnings available to common shareholders	$3.60	$2.40
Basic earnings per share on common stock (in dollars per share)	$0.10	$0.07
Diluted earnings per share on common stock (in dollars per share)	$0.10	$0.07
Average common shares outstanding (millions):
Basic (in shares)	37.7	37.4
Diluted (in shares)	37.8	37.4

Earnings_Per_Share_Narrative_D

Earnings Per Share - Narrative (Details) (Stock Option)	3 Months Ended
In Millions, unless otherwise specified	Mar. 30, 2014
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from the computation of diluted earnings per share (in shares)	0.2

Other_Expense_Net_Schedule_of_

Other Expense, Net - Schedule of Other Nonoperating Income (Expense) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Other Income and Expenses [Abstract]
Interest income	$0.10	$0.10
Interest expense	-0.9	-0.6
Net loss on equity investment	-0.1	-0.4
Foreign exchange losses	-1.6	-0.8
Other expense, net	($2.50)	($1.70)

Contingencies_Narrative_Detail

Contingencies - Narrative (Details) (Robert and Margaret Ward vs. Jefferson Parish School Board and Kelly Services, USD $)	3 Months Ended	1 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Apr. 30, 2014	Dec. 29, 2013
Loss Contingencies [Line Items]
Reduction in accrual for litigation costs	$1.70
Judgement Against Jefferson Parish School Board and Kelly Services
Loss Contingencies [Line Items]
Damages sought by plaintiff			4.4
Settlement amount		1
Kelly Services Share
Loss Contingencies [Line Items]
Damages sought by plaintiff			$2.70

Segment_Disclosures_Narrative_

Segment Disclosures - Narrative (Details)	3 Months Ended
	Mar. 29, 2015
	segment
Segment Reporting [Abstract]
Number of reporting segments	7

Segment_Disclosures_Segment_Re

Segment Disclosures - Segment Revenue Per Service (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Revenue from Services
Segment Revenue from Services	$1,320.60	$1,330.80
Less: Intersegment revenue
Revenue from Services
Segment Revenue from Services	-17.8	-14.4
Total Americas Commercial and PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	874.2	849.6
Americas Commercial | Reporting Segments
Revenue from Services
Segment Revenue from Services	641.4	613.2
Americas PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	232.8	236.4
Total EMEA Commercial and PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	218.6	269.6
EMEA Commercial | Reporting Segments
Revenue from Services
Segment Revenue from Services	178.3	221.9
EMEA PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	40.3	47.7
Total APAC Commercial and PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	96.1	91.6
APAC Commercial | Reporting Segments
Revenue from Services
Segment Revenue from Services	85.6	83
APAC PT | Reporting Segments
Revenue from Services
Segment Revenue from Services	10.5	8.6
OCG | Reporting Segments
Revenue from Services
Segment Revenue from Services	$149.50	$134.40

Segment_Disclosures_Segment_Ea

Segment Disclosures - Segment Earnings from Operations (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2015	Mar. 30, 2014
Earnings from Operations
Gross Profit	$220.30	$222.30
SG&A Expenses	-208.2	-216
Earnings from operations	12.1	6.3
Other Expense, Net	2.5	1.7
Earnings before taxes	9.6	4.6
Less: Intersegment
Earnings from Operations
Gross Profit	-1.1	-1
SG&A Expenses	1.1	1
Earnings from operations	0	0
Corporate
Earnings from Operations
Earnings from operations	-17.5	-19.9
Total Americas Commercial and PT | Reporting Segments
Earnings from Operations
Gross Profit	136.7	131.6
SG&A Expenses	-113.5	-109.5
Earnings from operations	23.2	22.1
Americas Commercial | Reporting Segments
Earnings from Operations
Gross Profit	97.8	91.8
Americas PT | Reporting Segments
Earnings from Operations
Gross Profit	38.9	39.8
Total EMEA Commercial and PT | Reporting Segments
Earnings from Operations
Gross Profit	33.3	44
SG&A Expenses	-33.5	-41.9
Earnings from operations	-0.2	2.1
EMEA Commercial | Reporting Segments
Earnings from Operations
Gross Profit	24.6	32.9
EMEA PT | Reporting Segments
Earnings from Operations
Gross Profit	8.7	11.1
Total APAC Commercial and PT | Reporting Segments
Earnings from Operations
Gross Profit	15.9	15.1
SG&A Expenses	-12.1	-14.3
Earnings from operations	3.8	0.8
APAC Commercial | Reporting Segments
Earnings from Operations
Gross Profit	13	12.3
APAC PT | Reporting Segments
Earnings from Operations
Gross Profit	2.9	2.8
OCG | Reporting Segments
Earnings from Operations
Gross Profit	35.5	32.6
SG&A Expenses	-32.7	-31.4
Earnings from operations	$2.80	$1.20