6
Exhibit 99.2
KELLY SERVICES, INC. AND SUBSIDIARIES
2006 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 | $ | 1,335,605 | $ | 1,392,886 | $ | 1,396,911 | $ | 1,421,376 | $ | 5,546,778 | |||||
Cost of services | 1,122,569 | 1,169,538 | 1,166,061 | 1,181,884 | 4,640,052 | ||||||||||
Gross profit | 213,036 | 223,348 | 230,850 | 239,492 | 906,726 | ||||||||||
Selling, general and administrative expenses | 200,240 | 203,384 | 207,870 | 217,191 | 828,685 | ||||||||||
Earnings from operations | 12,796 | 19,964 | 22,980 | 22,301 | 78,041 | ||||||||||
Other income, net | 40 | 465 | 348 | 618 | 1,471 | ||||||||||
Earnings from continuing operations before taxes | 12,836 | 20,429 | 23,328 | 22,919 | 79,512 | ||||||||||
Income taxes | 4,664 | 8,579 | 6,893 | 2,591 | 22,727 | ||||||||||
Earnings from continuing operations | 8,172 | 11,850 | 16,435 | 20,328 | 56,785 | ||||||||||
Earnings from discontinued operations, net of tax | 386 | 823 | 1,383 | 4,114 | 6,706 | ||||||||||
Net earnings | $ | 8,558 | $ | 12,673 | $ | 17,818 | $ | 24,442 | $ | 63,491 | |||||
Basic earnings per share | |||||||||||||||
Earnings from continuing operations | $ | 0.23 | $ | 0.33 | $ | 0.46 | $ | 0.56 | $ | 1.58 | |||||
Earnings from discontinued operations | 0.01 | 0.02 | 0.04 | 0.11 | 0.19 | ||||||||||
Net earnings | $ | 0.24 | $ | 0.35 | $ | 0.49 | $ | 0.68 | $ | 1.76 | |||||
Diluted earnings per share | |||||||||||||||
Earnings from continuing operations | $ | 0.23 | $ | 0.33 | $ | 0.45 | $ | 0.56 | $ | 1.56 | |||||
Earnings from discontinued operations | 0.01 | 0.02 | 0.04 | 0.11 | 0.18 | ||||||||||
Net earnings | $ | 0.24 | $ | 0.35 | $ | 0.49 | $ | 0.67 | $ | 1.75 | |||||