5
Exhibit 99.1
KELLY SERVICES, INC. AND SUBSIDIARIES
2007 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 | $ | 1,350,858 | $ | 1,415,674 | $ | 1,425,298 | $ | 1,475,759 | $ | 5,667,589 | |||||
Cost of services | 1,121,650 | 1,168,108 | 1,178,419 | 1,210,323 | 4,678,500 | ||||||||||
Gross profit | 229,208 | 247,566 | 246,879 | 265,436 | 989,089 | ||||||||||
Selling, general and administrative expenses | 218,715 | 225,300 | 226,099 | 238,895 | 909,009 | ||||||||||
Earnings from operations | 10,493 | 22,266 | 20,780 | 26,541 | 80,080 | ||||||||||
Other income, net | 673 | 930 | 587 | 1,021 | 3,211 | ||||||||||
Earnings from continuing operations before taxes | 11,166 | 23,196 | 21,367 | 27,562 | 83,291 | ||||||||||
Income taxes | 5,908 | 7,885 | 6,685 | 9,089 | 29,567 | ||||||||||
Earnings from continuing operations | 5,258 | 15,311 | 14,682 | 18,473 | 53,724 | ||||||||||
Earnings from discontinued operations, net of tax | 6,657 | 18 | 459 | 158 | 7,292 | ||||||||||
Net earnings | $ | 11,915 | $ | 15,329 | $ | 15,141 | $ | 18,631 | $ | 61,016 | |||||
Basic earnings per share | |||||||||||||||
Earnings from continuing operations | $ | 0.14 | $ | 0.42 | $ | 0.40 | $ | 0.52 | $ | 1.48 | |||||
Earnings from discontinued operations | 0.18 | — | 0.01 | — | 0.20 | ||||||||||
Net earnings | $ | 0.33 | $ | 0.42 | $ | 0.41 | $ | 0.52 | $ | 1.68 | |||||
Diluted earnings per share | |||||||||||||||
Earnings from continuing operations | $ | 0.14 | $ | 0.41 | $ | 0.40 | $ | 0.52 | $ | 1.47 | |||||
Earnings from discontinued operations | 0.18 | — | 0.01 | — | 0.20 | ||||||||||
Net earnings | $ | 0.32 | $ | 0.41 | $ | 0.41 | $ | 0.52 | $ | 1.67 | |||||