6
Exhibit 99.2
KELLY SERVICES, INC. AND SUBSIDIARIES
2005 QUARTERLY RESULTS OF OPERATIONS
(In thousands of dollars except per share data)
| | | | | | | | | | | | | | | | | | | | |
| | First Qtr. | | | Second Qtr. | | | Third Qtr. | | | Fourth Qtr. | | | Full Year | |
Revenue from services | | $ | 1,221,517 | | | $ | 1,285,118 | | | $ | 1,319,215 | | | $ | 1,360,508 | | | $ | 5,186,358 | |
Cost of services | | | 1,024,299 | | | | 1,078,148 | | | | 1,107,887 | | | | 1,146,015 | | | | 4,356,349 | |
| | | | | | | | | | | | | | | | | | | | |
Gross profit | | | 197,218 | | | | 206,970 | | | | 211,328 | | | | 214,493 | | | | 830,009 | |
Selling, general and administrative expenses | | | 190,725 | | | | 193,839 | | | | 194,064 | | | | 197,628 | | | | 776,256 | |
| | | | | | | | | | | | | | | | | | | | |
Earnings from operations | | | 6,493 | | | | 13,131 | | | | 17,264 | | | | 16,865 | | | | 53,753 | |
Other income (expense), net | | | (35 | ) | | | (152 | ) | | | 10 | | | | (10 | ) | | | (187 | ) |
| | | | | | | | | | | | | | | | | | | | |
Earnings from continuing operations before taxes | | | 6,458 | | | | 12,979 | | | | 17,274 | | | | 16,855 | | | | 53,566 | |
Income taxes | | | 2,313 | | | | 3,951 | | | | 4,676 | | | | 4,927 | | | | 15,867 | |
| | | | | | | | | | | | | | | | | | | | |
Earnings from continuing operations | | | 4,145 | | | | 9,028 | | | | 12,598 | | | | 11,928 | | | | 37,699 | |
Earnings (loss) from discontinued operations, net of tax | | | (207 | ) | | | 305 | | | | 77 | | | | 1,389 | | | | 1,564 | |
| | | | | | | | | | | | | | | | | | | | |
Net earnings | | $ | 3,938 | | | $ | 9,333 | | | $ | 12,675 | | | $ | 13,317 | | | $ | 39,263 | |
| | | | | | | | | | | | | | | | | | | | |
Basic earnings per share | | | | | | | | | | | | | | | | | | | | |
Earnings from continuing operations | | $ | 0.12 | | | $ | 0.25 | | | $ | 0.35 | | | $ | 0.33 | | | $ | 1.06 | |
Earnings from discontinued operations | | | (0.01 | ) | | | 0.01 | | | | — | | | | 0.04 | | | | 0.04 | |
| | | | | | | | | | | | | | | | | | | | |
Net earnings | | $ | 0.11 | | | $ | 0.26 | | | $ | 0.35 | | | $ | 0.37 | | | $ | 1.10 | |
| | | | | | | | | | | | | | | | | | | | |
Diluted earnings per share | | | | | | | | | | | | | | | | | | | | |
Earnings from continuing operations | | $ | 0.12 | | | $ | 0.25 | | | $ | 0.35 | | | $ | 0.33 | | | $ | 1.05 | |
Earnings from discontinued operations | | | (0.01 | ) | | | 0.01 | | | | — | | | | 0.04 | | | | 0.04 | |
| | | | | | | | | | | | | | | | | | | | |
Net earnings | | $ | 0.11 | | | $ | 0.26 | | | $ | 0.35 | | | $ | 0.37 | | | $ | 1.09 | |
| | | | | | | | | | | | | | | | | | | | |