Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | |||
Dec. 29, 2013 | Jun. 30, 2013 | Feb. 02, 2014 | Feb. 02, 2014 | |
Common Class A [Member] | Common Class B [Member] | |||
Document Information [Line Items] | ' | ' | ' | ' |
Entity Registrant Name | 'Kelly Services Inc | ' | ' | ' |
Document Type | '10-K | ' | ' | ' |
Current Fiscal Year End Date | '--12-29 | ' | ' | ' |
Entity Common Stock, Shares Outstanding | ' | ' | 33,970,737 | 3,451,161 |
Entity Public Float | ' | $515,130,106 | ' | ' |
Amendment Flag | 'false | ' | ' | ' |
Entity Central Index Key | '0000055135 | ' | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' | ' |
Entity Voluntary Filers | 'No | ' | ' | ' |
Entity Filer Category | 'Accelerated Filer | ' | ' | ' |
Entity Well-known Seasoned Issuer | 'No | ' | ' | ' |
Document Period End Date | 29-Dec-13 | ' | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' | ' |
Consolidated_Statements_of_Ear
Consolidated Statements of Earnings (USD $) | 12 Months Ended | ||||
In Millions, except Per Share data, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | ||
Revenue from services | $5,413.10 | $5,450.50 | $5,551 | ||
Cost of services | 4,523.60 | 4,553.90 | 4,667.70 | ||
Gross profit | 889.5 | 896.6 | 883.3 | ||
Selling, general and administrative expenses | 834.5 | 821.2 | 825.6 | ||
Asset impairments | 1.7 | 3.1 | ' | ||
Earnings from operations | 53.3 | 72.3 | 57.7 | ||
Other expense, net | 4.5 | 3.5 | 0.1 | ||
Earnings from continuing operations before taxes | 48.8 | 68.8 | 57.6 | ||
Income tax (benefit) expense | -10.1 | 19.1 | -7.3 | ||
Earnings from continuing operations | 58.9 | 49.7 | 64.9 | ||
Earnings (loss) from discontinued operations, net of tax | ' | 0.4 | -1.2 | ||
Net earnings | $58.90 | $50.10 | $63.70 | ||
Basic earnings (loss) per share | ' | ' | ' | ||
Earnings from continuing operations (in Dollars per share) | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earnings (loss) from discontinued operations (in Dollars per share) | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings (in Dollars per share) | $1.54 | [1] | $1.32 | [1] | $1.69 |
Diluted earnings (loss) per share | ' | ' | ' | ||
Earnings from continuing operations (in Dollars per share) | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earnings (loss) from discontinued operations (in Dollars per share) | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings (in Dollars per share) | $1.54 | [1] | $1.32 | [1] | $1.69 |
Dividends per share (in Dollars per share) | $0.20 | $0.20 | $0.10 | ||
Average shares outstanding (millions): | ' | ' | ' | ||
Basic (in Shares) | 37.3 | 37 | 36.8 | ||
Diluted (in Shares) | 37.3 | 37 | 36.8 | ||
[1] | Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year. |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | |
Net earnings | $58.90 | $50.10 | $63.70 | |
Other comprehensive income, net of tax: | ' | ' | ' | |
Foreign currency translation adjustments, net of tax benefit of $0.0, $0.4 and $0.6 million, respectively | -6.7 | 4.9 | -8 | |
Less: Reclassification adjustments included in net earnings | -0.1 | [1] | 0.7 | -1.6 |
Foreign currency translation adjustments | -6.8 | 5.6 | -9.6 | |
Unrealized gains (losses) on investment, net of tax expense of $16.2, $0.0 and $0.0 million, respectively | 31.2 | 13.1 | -2.1 | |
Pension liability adjustments, net of tax expense of $0.2, $0.0 and $0.1 million, respectively | 1.4 | 0.3 | -1.2 | |
Less: Reclassification adjustments included in net earnings | 0.2 | 0.2 | 0.1 | |
Pension liability adjustments | 1.6 | 0.5 | -1.1 | |
Other comprehensive income (loss) | 26 | 19.2 | -12.8 | |
Comprehensive Income | $84.90 | $69.30 | $50.90 | |
[1] | Amount was recorded in the other expense, net line item in the consolidated statement of earnings. |
Consolidated_Statements_of_Com1
Consolidated Statements of Comprehensive Income (Parentheticals) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Foreign currency translation adjustments, tax benefit (in Dollars) | $0 | $0.40 | $0.60 |
Tax expense on unrealized gains (losses) | 16.2 | 0 | 0 |
Pension liability adjustments, tax expense (in Dollars) | $0.20 | $0 | $0.10 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Current Assets: | ' | ' |
Cash and equivalents | $125.70 | $76.30 |
Trade accounts receivable, less allowances of $9.9 million and $10.4 million, respectively | 1,023.10 | 1,013.90 |
Prepaid expenses and other current assets | 52.2 | 57.5 |
Deferred taxes | 35.5 | 44.9 |
Total current assets | 1,236.50 | 1,192.60 |
Property and Equipment: | ' | ' |
Property and equipment | 350.5 | 337.6 |
Accumulated depreciation | -258.5 | -247.7 |
Net property and equipment | 92 | 89.9 |
Noncurrent Deferred Taxes | 121.7 | 82.8 |
Goodwill, Net | 90.3 | 89.5 |
Other Assets | 258.1 | 180.9 |
Total Assets | 1,798.60 | 1,635.70 |
Current Liabilities: | ' | ' |
Short-term borrowings | 28.3 | 64.1 |
Accounts payable and accrued liabilities | 342.4 | 295.6 |
Accrued payroll and related taxes | 294.9 | 264.5 |
Accrued insurance | 27.6 | 32.8 |
Income and other taxes | 68.8 | 65.3 |
Total current liabilities | 762 | 722.3 |
Noncurrent Liabilities: | ' | ' |
Accrued insurance | 46 | 43.5 |
Accrued retirement benefits | 134.7 | 111 |
Other long-term liabilities | 33.3 | 17.9 |
Total noncurrent liabilities | 214 | 172.4 |
Treasury stock, at cost | ' | ' |
Paid-in capital | 26 | 27.1 |
Earnings invested in the business | 751.3 | 700 |
Accumulated other comprehensive income | 61.4 | 35.4 |
Total stockholders' equity | 822.6 | 741 |
Total Liabilities and Stockholders' Equity | 1,798.60 | 1,635.70 |
Common Class A [Member] | Stockholders Equity [Member] | ' | ' |
Capital stock, $1.00 par value | ' | ' |
Common stock, value | 36.6 | 36.6 |
Treasury stock, at cost | ' | ' |
Treasury stock, value | -55.6 | -61 |
Common Class A [Member] | ' | ' |
Treasury stock, at cost | ' | ' |
Total stockholders' equity | 36.6 | 36.6 |
Common Class B [Member] | Stockholders Equity [Member] | ' | ' |
Capital stock, $1.00 par value | ' | ' |
Common stock, value | 3.5 | 3.5 |
Treasury stock, at cost | ' | ' |
Treasury stock, value | -0.6 | -0.6 |
Common Class B [Member] | ' | ' |
Treasury stock, at cost | ' | ' |
Total stockholders' equity | $3.50 | $3.50 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parentheticals) (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, except Per Share data, unless otherwise specified | ||
Allowance for trade accounts receivable (in Dollars) (in Dollars) | $9.90 | $10.40 |
Common Class A [Member] | Stockholders Equity [Member] | ' | ' |
Common stock, par value (in Dollars per share) | $1 | $1 |
Common stock, shares issued | 36.6 | 36.6 |
Treasury stock, Class A shares (in Shares) | 2.7 | 2.9 |
Common Class B [Member] | Stockholders Equity [Member] | ' | ' |
Common stock, par value (in Dollars per share) | $1 | $1 |
Common stock, shares issued | 3.5 | 3.5 |
Consolidated_Statements_of_Sto
Consolidated Statements of Stockholders' Equity (USD $) | Additional Paid-in Capital [Member] | Earnings Invested In The Business [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Common Class A [Member] | Common Class B [Member] | Common Class A Treasury Stock [Member] | Common Class B Treasury Stock [Member] | Total |
In Millions | ||||||||
Balance at Jan. 02, 2011 | $28 | $597.60 | $29 | $36.60 | $3.50 | ($70.30) | ($0.60) | ' |
Other comprehensive income (loss), net of tax | ' | ' | -12.8 | ' | ' | ' | ' | -12.8 |
Net earnings | ' | 63.7 | ' | ' | ' | ' | ' | 63.7 |
Dividends | ' | -3.8 | ' | ' | ' | ' | ' | -3.8 |
Exercise of stock options, restricted stock and other | 0.8 | ' | ' | ' | ' | ' | ' | ' |
Exercise of stock options, restricted stock awards and other | ' | ' | ' | ' | ' | 4 | ' | ' |
Balance at Jan. 01, 2012 | 28.8 | 657.5 | 16.2 | 36.6 | 3.5 | -66.3 | -0.6 | 675.7 |
Balance at Jan. 01, 2012 | ' | ' | ' | ' | ' | -66.3 | -0.6 | ' |
Other comprehensive income (loss), net of tax | ' | ' | 19.2 | ' | ' | ' | ' | 19.2 |
Net earnings | ' | 50.1 | ' | ' | ' | ' | ' | 50.1 |
Dividends | ' | -7.6 | ' | ' | ' | ' | ' | -7.6 |
Exercise of stock options, restricted stock and other | -1.7 | ' | ' | ' | ' | ' | ' | ' |
Exercise of stock options, restricted stock awards and other | ' | ' | ' | ' | ' | 5.3 | ' | ' |
Balance at Dec. 30, 2012 | 27.1 | 700 | 35.4 | 36.6 | 3.5 | -61 | -0.6 | 741 |
Balance at Dec. 30, 2012 | ' | ' | ' | ' | ' | -61 | -0.6 | ' |
Other comprehensive income (loss), net of tax | ' | ' | 26 | ' | ' | ' | ' | 26 |
Net earnings | ' | 58.9 | ' | ' | ' | ' | ' | 58.9 |
Dividends | ' | -7.6 | ' | ' | ' | ' | ' | -7.6 |
Exercise of stock options, restricted stock and other | -1.1 | ' | ' | ' | ' | ' | ' | ' |
Exercise of stock options, restricted stock awards and other | ' | ' | ' | ' | ' | 5.4 | ' | ' |
Balance at Dec. 29, 2013 | 26 | 751.3 | 61.4 | 36.6 | 3.5 | ' | ' | 822.6 |
Balance at Dec. 29, 2013 | ' | ' | ' | ' | ' | ($55.60) | ($0.60) | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Cash flows from operating activities: | ' | ' | ' |
Net earnings | $58.90 | $50.10 | $63.70 |
Noncash adjustments: | ' | ' | ' |
Impairment of assets | 1.7 | 3.1 | ' |
Depreciation and amortization | 20.4 | 22.3 | 31.4 |
Provision for bad debts | 2 | 1.1 | 4.3 |
Stock-based compensation | 3.8 | 4.8 | 4.6 |
Deferred income taxes | -31.3 | 4.7 | -27.3 |
Other, net | 0.6 | 1.3 | -2.6 |
Changes in operating assets and liabilities | 59.2 | -26.3 | -55 |
Net cash from operating activities | 115.3 | 61.1 | 19.1 |
Cash flows from investing activities: | ' | ' | ' |
Capital expenditures | -20 | -21.5 | -15.4 |
Investment in equity affiliate | ' | -6.6 | ' |
Acquisition of companies, net of cash received | ' | ' | -6.5 |
Other investing activities | -0.8 | ' | 1.2 |
Net cash used in investing activities | -20.8 | -28.1 | -20.7 |
Cash flows from financing activities: | ' | ' | ' |
Net change in short-term borrowings | -35.8 | -31.9 | 79.2 |
Repayment of debt | ' | ' | -68.3 |
Dividend payments | -7.6 | -7.6 | -3.8 |
Other financing activities | -0.3 | 0.1 | -1 |
Net cash (used in) provided by financing activities | -43.7 | -39.4 | 6.1 |
Effect of exchange rates on cash and equivalents | -1.4 | 1.7 | -4 |
Net change in cash and equivalents | 49.4 | -4.7 | 0.5 |
Cash and equivalents at beginning of year | 76.3 | 81 | 80.5 |
Cash and equivalents at end of year | $125.70 | $76.30 | $81 |
Note_1_Summary_of_Significant_
Note 1 - Summary of Significant Accounting Policies | 12 Months Ended | ||||||||||||||
Dec. 29, 2013 | |||||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||||
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] | ' | ||||||||||||||
1. Summary of Significant Accounting Policies | |||||||||||||||
Nature of Operations Kelly Services, Inc. is a global workforce solutions provider operating throughout the world. | |||||||||||||||
Fiscal Year The Company's fiscal year ends on the Sunday nearest to December 31. The three most recent years ended on December 29, 2013 (2013), December 30, 2012 (2012) and January 1, 2012 (2011), respectively, all of which contained 52 weeks. The Company’s operations in Brazil are accounted for on a one-month lag. The Company’s equity investment in TS Kelly Workforce Solutions is accounted for on a one-quarter lag (see Investment in Equity Affiliate footnote). Any material transactions in the intervening period are disclosed or accounted for in the current reporting period. Period costs included in selling, general and administrative (“SG&A”) expenses are recorded on a calendar-year basis. | |||||||||||||||
Principles of Consolidation The consolidated financial statements include the accounts and operations of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated. | |||||||||||||||
Available-For-Sale Investment The Company’s available-for-sale investment, as further described in the Fair Value Measurements footnote, is carried at fair value with the unrealized gains or losses, net of tax, included as a component of accumulated other comprehensive income (loss) in stockholders’ equity. Realized losses and declines in value below cost judged to be other-than-temporary are included as a component of asset impairments expense in the consolidated statement of earnings. The fair value of the available-for-sale investment is based on quoted market prices. | |||||||||||||||
Foreign Currency Translation All of the Company’s international subsidiaries use their local currency as their functional currency. Revenue and expense accounts of foreign subsidiaries are translated to U.S. dollars at average exchange rates, while assets and liabilities are translated to U.S. dollars at year-end exchange rates. Resulting translation adjustments, net of tax, where applicable, are reported as accumulated foreign currency translation adjustments in stockholders’ equity and are recorded as a component of accumulated other comprehensive income. | |||||||||||||||
Revenue Recognition Revenue from services is recognized as services are provided by the temporary or contract employees. Revenue from permanent placement services is recognized at the time the permanent placement candidate begins full-time employment. Revenue from other staffing fee-based consulting services is recognized when the services are provided. Provisions for sales allowances (billing adjustments related to errors, service issues and compromises on billing disputes), based on historical experience, are recognized at the time the related sale is recognized as a reduction in revenue from services. | |||||||||||||||
Allowance for Uncollectible Accounts Receivable The Company records an allowance for uncollectible accounts receivable based on historical loss experience, customer payment patterns and current economic trends. The reserve for sales allowances, as discussed above, is also included in the allowance for uncollectible accounts receivable. The Company reviews the adequacy of the allowance for uncollectible accounts receivable on a quarterly basis and, if necessary, increases or decreases the balance by recording a charge or credit to SG&A expenses for the portion of the adjustment relating to uncollectible accounts receivable, and a charge or credit to revenue from services for the portion of the adjustment relating to sales allowances. | |||||||||||||||
Cost of Services Cost of services are those costs directly associated with the earning of revenue. The primary examples of these types of costs are temporary employee wages, along with associated payroll taxes, temporary employee benefits, such as service bonus and holiday pay, and workers’ compensation costs. These costs differ fundamentally from SG&A expenses in that they arise specifically from the action of providing our services to customers whereas SG&A costs are incurred regardless of whether or not we place temporary employees with our customers. | |||||||||||||||
Advertising Expenses Advertising expenses from continuing operations, which are expensed as incurred and are included in SG&A expenses, were $8.9 million in 2013, $8.5 million in 2012 and $7.5 million in 2011. | |||||||||||||||
Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, the accounting for the allowance for uncollectible accounts receivable, workers’ compensation, goodwill and long-lived asset impairment, litigation costs and income taxes. Actual results could differ materially from those estimates. | |||||||||||||||
Cash and Equivalents Cash and equivalents are stated at fair value. The Company considers securities with original maturities of three months or less to be cash and equivalents. | |||||||||||||||
Property and Equipment Property and equipment are stated at cost and are depreciated on a straight-line basis over their estimated useful lives. Cost and estimated useful lives of property and equipment by function are as follows: | |||||||||||||||
Category | 2013 | 2012 | Life | ||||||||||||
(In millions of dollars) | |||||||||||||||
Land | $ | 3.8 | $ | 3.8 | - | ||||||||||
Work in process | 4.4 | 7.2 | - | ||||||||||||
Buildings and improvements | 58.9 | 56.5 | 15 | to | 45 years | ||||||||||
Computer hardware and software | 215.7 | 202.3 | 3 | to | 12 years | ||||||||||
Equipment, furniture and fixtures | 33.6 | 33 | 5 | years | |||||||||||
Leasehold improvements | 34.1 | 34.8 | The lesser of the life of the lease or 5 years. | ||||||||||||
Total property and equipment | $ | 350.5 | $ | 337.6 | |||||||||||
The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Use Software Subtopic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Work in process represents capitalized costs for internal use software not yet in service. Depreciation expense was $18.4 million for 2013, $19.0 million for 2012 and $28.9 million for 2011. | |||||||||||||||
Operating Leases The Company recognizes rent expense on a straight-line basis over the lease term. This includes the impact of both scheduled rent increases and free or reduced rents (commonly referred to as “rent holidays”). The Company records allowances provided by landlords for leasehold improvements as deferred rent in the consolidated balance sheet and as operating cash flows in the consolidated statement of cash flows. | |||||||||||||||
Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price over the fair value of net assets acquired. Purchased intangible assets with definite lives are recorded at estimated fair value at the date of acquisition and are amortized over their respective useful lives (from 3 to 15 years) on a straight-line basis or, if appropriate, on an accelerated basis commensurate with the related cash flows. | |||||||||||||||
Impairment of Long-Lived Assets and Intangible Assets The Company evaluates long-lived assets and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. When estimated undiscounted future cash flows will not be sufficient to recover the asset group’s carrying amount, in which the long-lived asset being tested for impairment resides, the asset is written down to its estimated fair value. Assets to be disposed of by sale, if any, are reported at the lower of the carrying amount or estimated fair value less cost to sell. | |||||||||||||||
We test goodwill for impairment at the reporting unit level annually and whenever events or circumstances make it more likely than not that an impairment may have occurred. We have determined that our reporting units are the same as our operating and reportable segments based on our organizational structure and the financial information that is provided to and reviewed by management. We may use a qualitative assessment for one or more reporting units for the annual goodwill impairment test if we have determined that it is more likely than not that the fair value of the reporting unit(s) is more than their carrying value. | |||||||||||||||
For reporting units where the qualitative assessment is not used, goodwill is tested for impairment using a two-step process. In the first step, the estimated fair value of a reporting unit is compared to its carrying value. If the estimated fair value of a reporting unit exceeds the carrying value of the net assets assigned to a reporting unit, goodwill is not considered impaired and no further testing is required. | |||||||||||||||
If the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of a reporting unit, a second step of the impairment test is performed in order to determine the implied fair value of a reporting unit’s goodwill. If the carrying value of a reporting unit’s goodwill exceeds its implied fair value, goodwill is deemed impaired and is written down to the extent of the difference. | |||||||||||||||
Accounts Payable Included in accounts payable are outstanding checks in excess of funds on deposit. Such amounts totaled $20.6 million and $22.2 million at year-end 2013 and 2012, respectively. | |||||||||||||||
Accrued Payroll and Related Taxes Included in accrued payroll and related taxes are outstanding checks in excess of funds on deposit. Such amounts totaled $4.0 million and $5.3 million at year-end 2013 and 2012, respectively. Payroll taxes for temporary employees are recognized proportionately to direct wages for interim periods based on expected full-year amounts. | |||||||||||||||
Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts. Valuation allowances are provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. | |||||||||||||||
Uncertain tax positions that are taken or expected to be taken in a tax return are recognized in the financial statements when it is more likely than not (i.e., a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities that have full knowledge of all relevant information. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. | |||||||||||||||
Interest and penalties related to income taxes are accounted for as income tax expense. | |||||||||||||||
Stock-Based Compensation The Company may grant restricted stock awards and units (collectively, “restricted stock”), stock options (both incentive and nonqualified), stock appreciation rights and performance awards to key employees associated with the Company’s Class A stock. The Company utilizes the market price on the date of grant as the fair value for restricted stock and estimates the fair value of stock option awards on the date of grant using an option-pricing model. The value of awards that are ultimately expected to vest is recognized as expense over the requisite service periods in SG&A expense in the Company’s consolidated statements of earnings. | |||||||||||||||
Earnings Per Share Restricted stock that entitle their holders to receive nonforfeitable dividends before vesting are considered participating securities and, therefore, are included in the calculation of earnings per share using the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Under this method, earnings from continuing operations (or net earnings) is reduced by the amount of dividends declared, and the remaining undistributed earnings is allocated to common stock and participating securities based on the proportion of each class’s weighted average shares outstanding to the total weighted average shares outstanding. The calculation of diluted earnings per share includes the effect of potential common shares outstanding in the average weighted shares outstanding. | |||||||||||||||
Workers’ Compensation The Company establishes accruals for workers’ compensation claims utilizing actuarial methods to estimate the undiscounted future cash payments that will be made to satisfy the claims. The estimates are based both on historical experience as well as current legal, economic and regulatory factors. When claims exceed the applicable loss limit or self-insured retention and realization of recovery of the claim from existing insurance policies is deemed probable, the Company records a receivable from the insurance company for the excess amount. The receivable is included in prepaid expenses and other current assets and other assets in the consolidated balance sheet at the 2013 year end and in other assets at the 2012 year end. The Company regularly updates its estimates, and the ultimate cost of these claims may be greater than or less than the established accrual. |
Note_2_Fair_Value_Measurements
Note 2 - Fair Value Measurements | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||
2. 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 the assets carried at fair value as of year-end 2013 and 2012 on the consolidated balance sheet 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 Year-End 2013 | |||||||||||||||||
Description | Total | Level 1 | Level 2 | Level 3 | |||||||||||||
(In millions of dollars) | |||||||||||||||||
Money market funds | $ | 2.9 | $ | 2.9 | $ | - | $ | - | |||||||||
Available-for-sale investment | 80.7 | 80.7 | - | - | |||||||||||||
Total assets at fair value | $ | 83.6 | $ | 83.6 | $ | - | $ | - | |||||||||
Fair Value Measurements on a Recurring Basis | |||||||||||||||||
As of Year-End 2012 | |||||||||||||||||
Description | Total | Level 1 | Level 2 | Level 3 | |||||||||||||
(In millions of dollars) | |||||||||||||||||
Money market funds | $ | 2.3 | $ | 2.3 | $ | - | $ | - | |||||||||
Available-for-sale investment | 37.7 | 37.7 | - | - | |||||||||||||
Total assets at fair value | $ | 40 | $ | 40 | $ | - | $ | - | |||||||||
Money market funds as of year-end 2013 and 2012 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 as of year-end 2013 and prepaid expenses and other current assets as of year-end 2012. 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”) 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 of $30.1 million for the year ended 2013 and $13.1 million for the year ended 2012 were recorded in other comprehensive income, as well as 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 $19.7 million at year-end 2013 and $24.1 million at year-end 2012. | |||||||||||||||||
Assets Measured at Fair Value on a Nonrecurring Basis | |||||||||||||||||
We completed our annual impairment test for all reporting units in the fourth quarter for the fiscal years ended 2013 and 2012 and determined that goodwill was not impaired. | |||||||||||||||||
In 2013, we completed a qualitative assessment for the annual goodwill impairment test for the OCG and APAC PT reporting units. In 2012, we completed a qualitative assessment for the annual goodwill impairment test for the Americas Commercial and Americas PT reporting units. As a result of these qualitative assessments, we determined it was more likely than not that the fair value of each of the reporting units was more than its carrying value. In conducting the qualitative assessment, we assessed the totality of relevant events and circumstances that affect the fair value or carrying value of a reporting unit. Such events and circumstances included macroeconomic conditions, industry and competitive environment considerations, overall financial performance, reporting unit specific events and market considerations. We considered recent valuations of our reporting units, including the magnitude of the difference between the most recent fair value estimate and the carrying value. We considered both positive and adverse events and circumstances and assessed the extent to which each of the events and circumstances identified affected the comparison of a reporting unit's fair value with its carrying value. | |||||||||||||||||
In 2013, we completed a step one quantitative test for the Americas Commercial and Americas PT reporting units. In 2012, we completed a step one quantitative test for the OCG and APAC PT reporting units. For both years, the estimated fair value of each reporting unit tested exceeded its related carrying value. Our analysis used significant assumptions by segment, including: expected future revenue and expense growth rates, profit margins, cost of capital, discount rate and forecasted capital expenditures. For the step one analyses we performed in 2013, our revenue projections assumed modest growth. For the step one analyses we performed in 2012, our revenue projections assumed near-term growth consistent with current year results, followed by long-term modest growth. Assumptions and estimates about future cash flows and discount rates are complex and subjective. They can be affected by a variety of factors, including external factors such as industry and economic trends, and internal factors such as changes in our business strategy and internal forecasts. A 10% reduction in our revenue growth rate assumptions would not result in the estimated fair value falling below book value for those reporting units where we performed a step one quantitative test. | |||||||||||||||||
During the second quarter of 2013, a triggering event for the evaluation of certain long-lived assets for impairment occurred as the Company made the decision to exit the executive search business operating in an asset group within Germany that was associated with the OCG business segment. Based on the Company’s estimates as of the 2013 second quarter end, a $1.7 million reduction in the carrying value of OCG intangible assets was recorded. The resulting expense was recorded in the asset impairments line on the consolidated statement of earnings. | |||||||||||||||||
In 2012, management made the decision to abandon the PeopleSoft billing system implementation project in the U.S., Canada and Puerto Rico and accordingly, recorded impairment charges of $3.1 million representing previously capitalized costs associated with this project. |
Note_3_Acquisition
Note 3 - Acquisition | 12 Months Ended |
Dec. 29, 2013 | |
Business Combinations [Abstract] | ' |
Business Combination Disclosure [Text Block] | ' |
3. Acquisition | |
In the fourth quarter of 2011, we acquired the stock of Tradição Planejamento e Tecnologia de Serviços S.A. and Tradição Tecnologia e Serviços Ltda. (collectively, “Tradição”), a national service provider in Brazil. Tradição is included the Americas Commercial operating segment. | |
Included in the assets purchased was approximately $5.0 million of intangible assets associated with customer lists. These assets are being amortized over approximately 7 years based on the expected cash flows and will have no residual value. Acquisition adjustments totaling $0.8 million were identified during the measurement period and recorded to our consolidated balance sheet in 2013. These adjustments, which related to changes in Tradição’s estimated tax liabilities assumed, are included in the changes in the net carrying amount of goodwill as detailed in the Goodwill footnote. |
Note_4_Investment_in_Equity_Af
Note 4 - Investment in Equity Affiliate | 12 Months Ended |
Dec. 29, 2013 | |
Equity Method Investments and Joint Ventures [Abstract] | ' |
Equity Method Investments and Joint Ventures Disclosure [Text Block] | ' |
4. Investment in Equity Affiliate | |
In 2012, we purchased the remaining 30% noncontrolling interest in our China subsidiaries, and recorded a charge to paid-in capital of $1.2 million for the difference between the carrying value of the noncontrolling interest and the fair value of the consideration provided. | |
On July 24, 2012, we entered into an agreement with Temp Holdings Co., Ltd. (“Temp Holdings”) to form a venture, TS Kelly Workforce Solutions (“TS Kelly”), in order to expand both companies’ presence in North Asia. On November 1, 2012, we contributed our China, Hong Kong and South Korea subsidiaries in exchange for a 49% ownership interest in TS Kelly. Consequently, we deconsolidated the operations of those entities and recorded a $5.1 million investment in other assets on the consolidated balance sheet, which represented the estimated fair value of our ownership interest in TS Kelly at year-end 2012. The operating results of our interest in TS Kelly are accounted for on a one-quarter lag under the equity method; accordingly, our consolidated financial statements include operating results for TS Kelly beginning in 2013. Our 49% share of TS Kelly’s operating results is recorded in other expense, net in the consolidated statement of earnings (see Other Expense, Net footnote). | |
In 2012, we recorded a loss of $0.7 million in other expense, net, which represented the difference between the carrying value of net assets contributed to the venture and the fair value of our retained investment in TS Kelly. As part of this transaction, we allocated a pro-rata share of goodwill related to the contributed entities in our APAC PT and OCG segments amounting to $0.6 million. | |
The amount due to or due from TS Kelly was immaterial as of year-end 2013 and 2012. |
Note_5_Goodwill
Note 5 - Goodwill | 12 Months Ended | ||||||||||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||
Goodwill Disclosure [Text Block] | ' | ||||||||||||||||||||||||
5. Goodwill | |||||||||||||||||||||||||
The changes in the net carrying amount of goodwill for the fiscal years 2013 and 2012 are included in the tables below. See Acquisition footnote for a description of adjustments to Americas Commercial goodwill and Investment in Equity Affiliate footnote for a description of adjustments to APAC PT and OCG goodwill. | |||||||||||||||||||||||||
As of Year-End 2012 | As of Year-End 2013 | ||||||||||||||||||||||||
Goodwill, | Accumulated Impairment Losses | Adjustments | Goodwill, | Accumulated | Goodwill, | ||||||||||||||||||||
Gross | to | Gross | Impairment | Net | |||||||||||||||||||||
Goodwill | Losses | ||||||||||||||||||||||||
(In millions of dollars) | |||||||||||||||||||||||||
Americas | |||||||||||||||||||||||||
Americas Commercial | $ | 39.2 | $ | (16.4 | ) | $ | 0.8 | $ | 40 | $ | (16.4 | ) | $ | 23.6 | |||||||||||
Americas PT | 39.2 | - | - | 39.2 | - | 39.2 | |||||||||||||||||||
Total Americas | 78.4 | (16.4 | ) | 0.8 | 79.2 | (16.4 | ) | 62.8 | |||||||||||||||||
EMEA | |||||||||||||||||||||||||
EMEA Commercial | 50.4 | (50.4 | ) | - | 50.4 | (50.4 | ) | - | |||||||||||||||||
EMEA PT | 22 | (22.0 | ) | - | 22 | (22.0 | ) | - | |||||||||||||||||
Total EMEA | 72.4 | (72.4 | ) | - | 72.4 | (72.4 | ) | - | |||||||||||||||||
APAC | |||||||||||||||||||||||||
APAC Commercial | 12.1 | (12.1 | ) | - | 12.1 | (12.1 | ) | - | |||||||||||||||||
APAC PT | 1.4 | - | - | 1.4 | - | 1.4 | |||||||||||||||||||
Total APAC | 13.5 | (12.1 | ) | - | 13.5 | (12.1 | ) | 1.4 | |||||||||||||||||
OCG | 26.1 | - | - | 26.1 | - | 26.1 | |||||||||||||||||||
Consolidated Total | $ | 190.4 | $ | (100.9 | ) | $ | 0.8 | $ | 191.2 | $ | (100.9 | ) | $ | 90.3 | |||||||||||
As of Year-End 2011 | As of Year-End 2012 | ||||||||||||||||||||||||
Goodwill, | Accumulated Impairment | Adjustments | Goodwill, | Accumulated | Goodwill, | ||||||||||||||||||||
Gross | Losses | to | Gross | Impairment | Net | ||||||||||||||||||||
Goodwill | Losses | ||||||||||||||||||||||||
(In millions of dollars) | |||||||||||||||||||||||||
Americas | |||||||||||||||||||||||||
Americas Commercial | $ | 39.3 | $ | (16.4 | ) | $ | (0.1 | ) | $ | 39.2 | $ | (16.4 | ) | $ | 22.8 | ||||||||||
Americas PT | 39.2 | - | - | 39.2 | - | 39.2 | |||||||||||||||||||
Total Americas | 78.5 | (16.4 | ) | (0.1 | ) | 78.4 | (16.4 | ) | 62 | ||||||||||||||||
EMEA | |||||||||||||||||||||||||
EMEA Commercial | 50.4 | (50.4 | ) | - | 50.4 | (50.4 | ) | - | |||||||||||||||||
EMEA PT | 22 | (22.0 | ) | - | 22 | (22.0 | ) | - | |||||||||||||||||
Total EMEA | 72.4 | (72.4 | ) | - | 72.4 | (72.4 | ) | - | |||||||||||||||||
APAC | |||||||||||||||||||||||||
APAC Commercial | 12.1 | (12.1 | ) | - | 12.1 | (12.1 | ) | - | |||||||||||||||||
APAC PT | 1.8 | - | (0.4 | ) | 1.4 | - | 1.4 | ||||||||||||||||||
Total APAC | 13.9 | (12.1 | ) | (0.4 | ) | 13.5 | (12.1 | ) | 1.4 | ||||||||||||||||
OCG | 26.3 | - | (0.2 | ) | 26.1 | - | 26.1 | ||||||||||||||||||
Consolidated Total | $ | 191.1 | $ | (100.9 | ) | $ | (0.7 | ) | $ | 190.4 | $ | (100.9 | ) | $ | 89.5 | ||||||||||
Note_6_Other_Assets
Note 6 - Other Assets | 12 Months Ended | ||||||||
Dec. 29, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Other Assets Disclosure [Text Block] | ' | ||||||||
6. Other Assets | |||||||||
Included in other assets are the following: | |||||||||
2013 | 2012 | ||||||||
(In millions of dollars) | |||||||||
Deferred compensation plan (see Retirement Benefits footnote) | $ | 134 | $ | 106.3 | |||||
Available-for-sale investment (see Fair Value Measurements footnote) | 80.7 | 37.7 | |||||||
Workers' compensation receivable | 13.4 | 15 | |||||||
Wage credit receivable | 6.1 | - | |||||||
Intangibles, net of accumulated amortization of $17.7 million in 2013 and $21.8 million in 2012 | 4.3 | 8.1 | |||||||
Investment in equity affiliate (see Investment in Equity Affiliate footnote) | 3.8 | 5.1 | |||||||
Other | 15.8 | 8.7 | |||||||
Other assets | $ | 258.1 | $ | 180.9 | |||||
Intangible amortization expense which is included in SG&A expenses, was $2.0 million, $3.3 million and $2.5 million in 2013, 2012 and 2011, respectively. Wage credit receivable is related to a tax law introduced in 2013 to enhance the competitiveness of businesses in France. |
Note_7_Debt
Note 7 - Debt | 12 Months Ended | ||
Dec. 29, 2013 | |||
Debt Disclosure [Abstract] | ' | ||
Debt Disclosure [Text Block] | ' | ||
7. Debt | |||
Short-Term Debt | |||
On December 11, 2013, we entered into an agreement with our lenders to amend and restate our existing revolving credit facility dated March 30, 2011 (the “Facility”). The amendment made, among others, the following changes: | |||
● | Increased the lenders’ commitments from $150.0 million to $200.0 million; | ||
● | Revised the termination date of the facility from March 31, 2016 to December 11, 2018; and | ||
● | Reduced the applicable margins based on the Company’s leverage ratio, as defined in the agreement and calculated at the end of each fiscal quarter. | ||
The Facility allows for borrowings in various currencies and is used to fund working capital, acquisitions, and general corporate needs. At year-end 2013 and 2012, there were no borrowings under the Facility and the remaining borrowing capacity was $200.0 million and $150.0 million, respectively. At year-end 2013, the Facility had a commitment fee of 25 basis points. This varies based on the Company’s leverage ratio as defined in the agreement. The Facility’s financial covenants and restrictions are described below, all of which were met at year-end 2013: | |||
● | We must maintain a certain minimum ratio of earnings before interest, taxes, depreciation, amortization and certain cash and non-cash charges that are non-recurring in nature (“EBITDA”) to interest expense (“Interest Coverage Ratio”) as of the end of any fiscal quarter. | ||
● | We must maintain a certain maximum ratio of total indebtedness to the sum of net worth and total indebtedness at all times. | ||
● | Dividends, stock buybacks and similar transactions are limited to certain maximum amounts. | ||
● | We must adhere to other operating restrictions relating to the conduct of business, such as certain limitations on asset sales and the type and scope of investments. | ||
On December 11, 2013, the Company and Kelly Receivables Funding, LLC, a wholly owned bankruptcy remote special purpose subsidiary of the Company (the “Receivables Entity”) amended the Receivables Purchase Agreement dated December 4, 2009 related to the existing $150 million securitization facility (“Securitization Facility”). The amendment made, among others, the following changes: | |||
● | Revised the termination date of the facility from March 31, 2014 to December 9, 2016; | ||
● | Introduced a delayed funding option that allows the bank to delay honoring a funding request for up to 35 days in the event there is market dislocation; and | ||
● | Reduced the facility fees, letter of credit fees, and program fees. | ||
Under the Securitization Facility, the Company will sell certain trade receivables and related rights (“Receivables”), on a revolving basis, to the Receivables Entity. The Receivables Entity may from time to time sell an undivided variable percentage ownership interest in the Receivables. The Securitization Facility also allows for the issuance of standby letters of credit (“SBLC”). The Securitization Facility contains a cross-default clause that could result in termination if defaults occur under our other loan agreements. The Securitization Facility also contains certain restrictions based on the performance of the Receivables. | |||
As of year-end 2013, the Securitization Facility carried $28.0 million of short-term borrowings at a rate of 0.97%, $55.0 million of SBLCs related to workers’ compensation and a remaining capacity of $67.0 million. The interest rate detailed above includes a facility fee of 40 basis points. As of year-end 2012, the Securitization Facility carried $63.0 million of short-term borrowings at a rate of 1.40%, SBLCs of $55.0 million related to workers’ compensation and remaining capacity of $32.0 million. | |||
The Receivables Entity’s sole business consists of the purchase or acceptance through capital contributions of trade accounts receivable and related rights from the Company. As described above, the Receivables Entity may retransfer these receivables or grant a security interest in those receivables under the terms and conditions of the Receivables Purchase Agreement. The Receivables Entity is a separate legal entity with its own creditors who would be entitled, if it were ever liquidated, to be satisfied out of its assets prior to any assets or value in the Receivables Entity becoming available to its equity holders. The assets of the Receivables Entity are not available to pay creditors of the Company or any of its other subsidiaries. The assets and liabilities of the Receivables Entity are included in the consolidated financial statements of the Company. | |||
The Company had total unsecured, uncommitted short-term local credit facilities of $15.3 million as of year-end 2013. Borrowings under these lines totaled $0.3 million and $1.1 million at year-end 2013 and 2012, respectively. The interest rate for these borrowings was 10.75% at year-end 2013 and 9.56% at year-end 2012. |
Note_8_Retirement_Benefits
Note 8 - Retirement Benefits | 12 Months Ended |
Dec. 29, 2013 | |
Compensation and Retirement Disclosure [Abstract] | ' |
Pension and Other Postretirement Benefits Disclosure [Text Block] | ' |
8. Retirement Benefits | |
The Company provides a qualified defined contribution plan covering substantially all U.S.-based full-time employees, except officers and certain other employees. Upon approval by the Board of Directors, a discretionary contribution based on eligible wages may be funded annually. The plan also offers a savings feature with Company matching contributions. Assets of this plan are held by an independent trustee for the sole benefit of participating employees. | |
A nonqualified plan is provided for officers and certain other employees. Upon approval by the Board of Directors, a discretionary contribution based on eligible wages may be made annually. This plan also includes provisions for salary deferrals and Company matching contributions. | |
In addition to the plans above, the Company also provides a qualified plan and a nonqualified plan to certain U.S-based temporary employees. | |
The liability for the nonqualified plans was $135.6 million and $110.6 million as of year-end 2013 and 2012, respectively, and is included in current accrued payroll and related taxes and noncurrent accrued retirement benefits. The cost of participants’ earnings on this liability, which were included in SG&A expenses, were earnings of $15.7 million and $10.2 million in 2013 and 2012, respectively, and losses of $0.9 million in 2011. In connection with the administration of these plans, the Company has purchased company-owned variable universal life insurance policies insuring the lives of certain officers and key employees. The cash surrender value of these policies, which is based primarily on investments in mutual funds and can only be used for payment of the Company’s obligations related to the non-qualified deferred compensation plan noted above, was $134.0 million and $106.3 million at year-end 2013 and 2012, respectively. The cash surrender value of these insurance policies is included in other assets. Tax-free earnings on these assets, which were included in SG&A expenses, were $17.4 million in 2013, $10.3 million in 2012 and losses of $1.8 million in 2011. | |
The net expense for retirement benefits for the qualified and nonqualified plans, including Company matching and discretionary contributions for full-time employees, totaled $6.2 million in 2013, $9.7 million in 2012 and $9.9 million in 2011. The expense related to retirement plan contributions for temporary employees is reimbursed by our customers. | |
In addition, the Company also has several defined benefit pension plans in locations outside of the United States. The total projected benefit obligation, assets and unfunded liability for these plans as of year-end 2013 were $13.7 million, $9.2 million and $4.5 million, respectively. The total projected benefit obligation, assets and unfunded liability for these plans as of year-end 2012 were $14.2 million, $8.2 million and $6.0 million, respectively. Total pension expense for these plans was $0.7 million, $1.1 million and $0.9 million in 2013, 2012 and 2011, respectively. Pension contributions and the amount of accumulated other comprehensive income expected to be recognized in 2014 are not significant. |
Note_9_Stockholders_Equity
Note 9 - Stockholders' Equity | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | ||||||||||||||||
9. Stockholders’ Equity | |||||||||||||||||
Common Stock | |||||||||||||||||
The authorized capital stock of the Company is 100,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock. Class A shares have no voting rights and are not convertible. Class B shares have voting rights and are convertible by the holder into Class A shares on a share-for-share basis at any time. Both classes of stock have identical rights in the event of liquidation. | |||||||||||||||||
Class A shares and Class B shares are both entitled to receive dividends, subject to the limitation that no cash dividend on the Class B shares may be declared unless the Board of Directors declares an equal or larger cash dividend on the Class A shares. As a result, a cash dividend may be declared on the Class A shares without declaring a cash dividend on the Class B shares. | |||||||||||||||||
During 2013, 2012 and 2011, the Company made dividend payments totaling $7.6 million, $7.6 million and $3.8 million, respectively. | |||||||||||||||||
Accumulated Other Comprehensive Income | |||||||||||||||||
The changes in accumulated other comprehensive income by component, net of tax, during 2013 are included in the table below. Amounts in parentheses indicate debits. | |||||||||||||||||
Foreign | Unrealized | Pension | Total | ||||||||||||||
Currency | Gains and | Liability | |||||||||||||||
Translation | Losses on | Adjustments | |||||||||||||||
Adjustments | Investment | ||||||||||||||||
(In millions of dollars) | |||||||||||||||||
Balance at year-end 2012 | $ | 24.9 | $ | 13.6 | $ | (3.1 | ) | $ | 35.4 | ||||||||
Other comprehensive income (loss) before reclassifications | (6.7 | ) | 31.2 | (1) | 1.4 | 25.9 | |||||||||||
Amounts reclassified from accumulated other comprehensive income | (0.1 | ) (2) | - | 0.2 | (3) | 0.1 | |||||||||||
Net current-period other comprehensive income | (6.8 | ) | 31.2 | 1.6 | 26 | ||||||||||||
Balance at year-end 2013 | $ | 18.1 | $ | 44.8 | $ | (1.5 | ) | $ | 61.4 | ||||||||
-1 | Includes utilization of a $1.1 million income tax valuation allowance relating to the Temp Holdings investment. | ||||||||||||||||
-2 | Amount was recorded in the other expense, net line item in the consolidated statement of earnings. | ||||||||||||||||
-3 | Amount was recorded in the SG&A expenses line item in the consolidated statement of earnings. | ||||||||||||||||
Note_10_Earnings_Per_Share
Note 10 - Earnings Per Share | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||
10. Earnings Per Share | |||||||||||||
The reconciliation of basic earnings per share on common stock for the year-end 2013, 2012 and 2011 follows (in millions of dollars except per share data). | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Earnings from continuing operations | $ | 58.9 | $ | 49.7 | $ | 64.9 | |||||||
Less: Earnings allocated to participating securities | (1.5 | ) | (1.3 | ) | (1.5 | ) | |||||||
Earnings from continuing operations available to common shareholders | $ | 57.4 | $ | 48.4 | $ | 63.4 | |||||||
Earnings (loss) from discontinued operations | $ | - | $ | 0.4 | $ | (1.2 | ) | ||||||
Less: Earnings (loss) allocated to participating securities | - | - | - | ||||||||||
Earnings (loss) from discontinued operations available to common shareholders | $ | - | $ | 0.4 | $ | (1.2 | ) | ||||||
Net earnings | $ | 58.9 | $ | 50.1 | $ | 63.7 | |||||||
Less: Earnings allocated to participating securities | (1.5 | ) | (1.3 | ) | (1.5 | ) | |||||||
Net earnings available to common shareholders | $ | 57.4 | $ | 48.8 | $ | 62.2 | |||||||
Basic earnings (loss) per share on common stock: | |||||||||||||
Earnings from continuing operations | $ | 1.54 | $ | 1.31 | $ | 1.72 | |||||||
Earning (loss) from discontinued operations | $ | - | $ | 0.01 | $ | (0.03 | ) | ||||||
Net earnings | $ | 1.54 | $ | 1.32 | $ | 1.69 | |||||||
Diluted earnings (loss) per share on common stock: | |||||||||||||
Earnings from continuing operations | $ | 1.54 | $ | 1.31 | $ | 1.72 | |||||||
Earnings (loss) from discontinued operations | $ | - | $ | 0.01 | $ | (0.03 | ) | ||||||
Net earnings | $ | 1.54 | $ | 1.32 | $ | 1.69 | |||||||
Average common shares outstanding (millions) | |||||||||||||
Basic | 37.3 | 37 | 36.8 | ||||||||||
Diluted | 37.3 | 37 | 36.8 | ||||||||||
Due to the fact that there were no potentially dilutive common shares outstanding during the period, the computations of basic and diluted earnings per share on common stock are the same for 2013, 2012 and 2011. Stock options representing 0.3 million, 0.4 million and 0.6 million shares for 2013, 2012 and 2011, respectively, were excluded from the computation of diluted earnings (loss) per share due to their anti-dilutive effect. | |||||||||||||
We have presented earnings per share for our two classes of common stock on a combined basis. This presentation is consistent with the earnings per share computations that result for each class of common stock utilizing the two-class method as described in ASC Topic 260, “Earnings Per Share”. The two-class method is an earnings allocation formula which determines earnings per share for each class of common stock according to the dividends declared (or accumulated) and participation rights in the undistributed earnings. | |||||||||||||
In applying the two class method, we have determined that the undistributed earnings should be allocated to each class on a pro rata basis after consideration of all of the participation rights of the Class B shares (including voting and conversion rights) and our history of paying dividends equally to each class of common stock on a per share basis. | |||||||||||||
The Company’s Restated Certificate of Incorporation allows the Board of Directors to declare a cash dividend to Class A shares without declaring equal dividends to the Class B shares. Class B shares’ voting and conversion rights, however, effectively allow the Class B shares to participate in dividends equally with Class A shares on a per share basis. | |||||||||||||
The Class B shares are the only shares with voting rights. The Class B shareholders are therefore able to exercise voting control with respect to all matters requiring stockholder approval, including the election of or removal of directors. The Board of Directors has historically declared and the Company historically has paid equal per share dividends on both the Class A and Class B shares. Each class has participated equally in all dividends declared since 1987. | |||||||||||||
In addition, Class B shares are convertible, at the option of the holder, into Class A shares on a one for one basis. As a result, Class B shares can participate equally in any dividends declared on the Class A shares by exercising their conversion rights. |
Note_11_StockBased_Compensatio
Note 11 - Stock-Based Compensation | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||
11. Stock-Based Compensation | |||||||||||||||||
Under the Equity Incentive Plan (the “Plan”), the Company may grant stock options (both incentive and nonqualified), stock appreciation rights, restricted stock and performance awards to key employees associated with the Company’s Class A stock. The Plan provides that the maximum number of shares available for grants is 10 percent of the outstanding Class A stock, adjusted for Plan activity over the preceding five years. Shares available for future grants at year-end 2013 under the Plan were 1,552,354. The Company issues shares out of treasury stock to satisfy stock-based awards. The Company presently has no intent to repurchase additional shares for the purpose of satisfying stock-based awards. | |||||||||||||||||
The Company recognized stock-based compensation cost of $6.0 million in 2013 and 2012 and $5.7 million in 2011, as well as related tax benefits of $2.3 million in 2013 and 2012 and $2.2 million in 2011. | |||||||||||||||||
Restricted Stock | |||||||||||||||||
Restricted stock, which typically vests over 4 years, is issued to certain key employees and is subject to forfeiture until the end of an established restriction period. The Company utilizes the market price of its Class A stock on the date of grant as the fair value of restricted stock and expenses the fair value on a straight-line basis over the vesting period. | |||||||||||||||||
A summary of the status of nonvested restricted stock under the Plan as of year-end 2013 and changes during this period is presented as follows: | |||||||||||||||||
Restricted | Weighted | ||||||||||||||||
Stock | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at year-end 2012 | 1,062,525 | $ | 15.19 | ||||||||||||||
Granted | 497,700 | 19.74 | |||||||||||||||
Vested | (345,925 | ) | 15.58 | ||||||||||||||
Forfeited | (85,700 | ) | 15.35 | ||||||||||||||
Nonvested at year-end 2013 | 1,128,600 | $ | 17.06 | ||||||||||||||
As of year-end 2013, unrecognized compensation cost related to unvested restricted stock totaled $16.2 million. The weighted average period over which this cost is expected to be recognized is approximately two years. The weighted average grant date fair value per share of restricted stock granted during 2013, 2012 and 2011 was $19.74, $12.98 and $16.84, respectively. The total fair value of restricted stock, which vested during 2013, 2012 and 2011, was $6.5 million, $4.1 million and $3.7 million, respectively. | |||||||||||||||||
Stock Options | |||||||||||||||||
Under the terms of the Plan, stock options may not be granted at prices less than the fair value of the Company’s Class A stock on the date of grant, nor for a term exceeding 10 years, and typically vest over 3 years. The Company expenses the fair value of stock option grants on a straight-line basis over the vesting period. No stock options were granted in 2013, 2012 and 2011. | |||||||||||||||||
A summary of the status of stock option grants under the Plan as of year-end 2013 and changes during this period is presented as follows: | |||||||||||||||||
Options | Weighted | Weighted | Aggregate | ||||||||||||||
Average | Average | Intrinsic | |||||||||||||||
Exercise | Remaining | Value | |||||||||||||||
Price | Contractual | ||||||||||||||||
Term (Years) | |||||||||||||||||
Outstanding at year-end 2012 | 392,599 | $ | 26.16 | ||||||||||||||
Granted | - | - | |||||||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | - | - | |||||||||||||||
Expired | (229,986 | ) | 24.97 | ||||||||||||||
Outstanding at year-end 2013 | 162,613 | $ | 27.84 | 0.68 | $ | - | |||||||||||
Options exercisable at year-end 2013 | 162,613 | $ | 27.84 | 0.68 | $ | - | |||||||||||
The table above includes 33,000 of non-employee director shares outstanding at year-end 2013. | |||||||||||||||||
As of year-end 2013, there was no unrecognized compensation cost related to unvested stock options. No stock options were exercised in 2013, 2012 and 2011. | |||||||||||||||||
Windfall tax benefits, which were included in the “Other financing activities” component of net cash from financing activities in the consolidated statement of cash flows, totaled $0.5 million in 2013 and were insignificant for 2012 and 2011. |
Note_12_Other_Expense_Net
Note 12 - Other Expense, Net | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Other Income and Expenses [Abstract] | ' | ||||||||||||
Other Income and Other Expense Disclosure [Text Block] | ' | ||||||||||||
12. Other Expense, Net | |||||||||||||
Included in other expense, net are the following: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Interest income | $ | 0.4 | $ | 1 | $ | 1 | |||||||
Interest expense | (2.8 | ) | (3.4 | ) | (3.4 | ) | |||||||
Dividend income | 0.6 | 0.6 | 0.5 | ||||||||||
Foreign exchange (losses) gains | (1.5 | ) | (1.0 | ) | 1.5 | ||||||||
Net loss on equity investment (see Investment in Equity Affiliate footnote) | (1.3 | ) | (0.7 | ) | - | ||||||||
Other | 0.1 | - | 0.3 | ||||||||||
Other expense, net | $ | (4.5 | ) | $ | (3.5 | ) | $ | (0.1 | ) | ||||
Dividend income includes dividends earned on the Company’s investment in Temp Holdings (see Fair Value Measurements footnote). |
Note_13_Income_Taxes
Note 13 - Income Taxes | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Income Tax Disclosure [Text Block] | ' | ||||||||||||
13. Income Taxes | |||||||||||||
Earnings from continuing operations before taxes for the years 2013, 2012 and 2011 were taxed under the following jurisdictions: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In million of dollars) | |||||||||||||
Domestic | $ | 35.1 | $ | 56.3 | $ | 36.7 | |||||||
Foreign | 13.7 | 12.5 | 20.9 | ||||||||||
Total | $ | 48.8 | $ | 68.8 | $ | 57.6 | |||||||
The provision for income taxes from continuing operations was as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Current tax expense: | |||||||||||||
U.S. federal | $ | 7.3 | $ | 1.4 | $ | 5.2 | |||||||
U.S. state and local | 3.5 | 3 | 1.8 | ||||||||||
Foreign | 10.4 | 10 | 13 | ||||||||||
Total current | 21.2 | 14.4 | 20 | ||||||||||
Deferred tax expense: | |||||||||||||
U.S. federal | (26.9 | ) | 4.7 | (33.3 | ) | ||||||||
U.S. state and local | (1.6 | ) | 0.9 | 1.1 | |||||||||
Foreign | (2.8 | ) | (0.9 | ) | 4.9 | ||||||||
Total deferred | (31.3 | ) | 4.7 | (27.3 | ) | ||||||||
Total provision | $ | (10.1 | ) | $ | 19.1 | $ | (7.3 | ) | |||||
Deferred taxes are comprised of the following: | |||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Depreciation and amortization | $ | (10.4 | ) | $ | (8.9 | ) | |||||||
Employee compensation and benefit plans | 68.1 | 57.5 | |||||||||||
Workers' compensation | 22.8 | 23.7 | |||||||||||
Unrealized (gain) loss on securities | (17.2 | ) | 2.3 | ||||||||||
Loss carryforwards | 49.4 | 50.2 | |||||||||||
Credit carryforwards | 82 | 60.5 | |||||||||||
Other, net | 0.2 | (3.6 | ) | ||||||||||
Valuation allowance | (56.3 | ) | (58.4 | ) | |||||||||
Net deferred tax assets | $ | 138.6 | $ | 123.3 | |||||||||
The deferred tax balance is classified in the consolidated balance sheet as: | |||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Current assets, deferred tax | $ | 35.5 | $ | 44.9 | |||||||||
Noncurrent deferred tax asset | 121.7 | 82.8 | |||||||||||
Current liabilities, income and other taxes | (0.4 | ) | (3.3 | ) | |||||||||
Noncurrent liabilities, other long-term liabilities | (18.2 | ) | (1.1 | ) | |||||||||
$ | 138.6 | $ | 123.3 | ||||||||||
The differences between income taxes from continuing operations for financial reporting purposes and the U.S. statutory rate of 35% are as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Income tax based on statutory rate | $ | 17.1 | $ | 24.1 | $ | 20.2 | |||||||
State income taxes, net of federal benefit | 1.2 | 2.6 | 1.9 | ||||||||||
General business credits | (26.2 | ) | (7.9 | ) | (28.5 | ) | |||||||
Life insurance cash surrender value | (5.8 | ) | (3.4 | ) | 0.9 | ||||||||
Foreign items | 0.3 | 1.6 | (0.5 | ) | |||||||||
Foreign business taxes | 3.9 | 4.5 | 4.7 | ||||||||||
Mexico tax law change | (4.6 | ) | - | - | |||||||||
Worthless stock | - | - | (7.7 | ) | |||||||||
Non-deductible compensation | 1.2 | 1.2 | 1.5 | ||||||||||
Change in deferred tax realizability | 2.8 | (0.7 | ) | (0.6 | ) | ||||||||
Uncertain tax positions | - | (4.8 | ) | (0.7 | ) | ||||||||
Other, net | - | 1.9 | 1.5 | ||||||||||
Total | $ | (10.1 | ) | $ | 19.1 | $ | (7.3 | ) | |||||
General business credits primarily represent U.S. work opportunity credits and, in 2011 only, HIRE Act retention credits of $11.3 million. In 2012, the work opportunity credit was available only for veterans and pre-2012 hires. The full credit was retroactively reinstated on January 2, 2013, resulting in the inclusion of $9.3 million of tax benefits during 2013 that would have been recognized in 2012 if the law had been in effect. Foreign business taxes include the French business tax and other taxes based on revenue less certain expenses and are classified as income taxes under ASC Topic 740 (“ASC 740”), Income Taxes. The Company closed income tax examinations in 2012, resulting in a $5.1 million benefit. | |||||||||||||
The Company has U.S. general business credit carryforwards of $82.0 million which will expire from 2030 to 2033. The net tax effect of state and foreign loss carryforwards at year-end 2013 totaled $49.4 million, which expire as follows (in millions of dollars): | |||||||||||||
Year | Amount | ||||||||||||
2014-2015 | $ | 0.6 | |||||||||||
2016-2018 | 3.3 | ||||||||||||
2019-2022 | 2.5 | ||||||||||||
2023-2033 | 0.6 | ||||||||||||
No expiration | 42.4 | ||||||||||||
Total | $ | 49.4 | |||||||||||
The Company has established a valuation allowance for loss carryforwards and future deductible items in certain foreign jurisdictions. The valuation allowance is determined in accordance with the provisions of ASC 740, which requires an assessment of both negative and positive evidence when measuring the need for a valuation allowance. The Company’s foreign losses in recent periods in these jurisdictions represented sufficient negative evidence to require a valuation allowance under ASC 740. The Company intends to maintain a valuation allowance until sufficient positive evidence exists to support realization of the foreign deferred tax assets. | |||||||||||||
Provision has not been made for U.S. or additional foreign income taxes on an estimated $76.8 million of undistributed earnings of foreign subsidiaries, which are permanently reinvested. If these earnings were to be repatriated, the Company would be subject to additional U.S. income taxes, adjusted for foreign credits. It is not practicable to determine the income tax liability that might be incurred if these earnings were repatriated. | |||||||||||||
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Balance at beginning of the year | $ | 2.9 | $ | 7.8 | $ | 8.5 | |||||||
Additions for prior years' tax positions | - | 0.4 | 0.2 | ||||||||||
Reductions for prior years' tax positions | (0.1 | ) | (5.3 | ) | (0.8 | ) | |||||||
Additions for settlements | - | - | 0.2 | ||||||||||
Reductions for settlements | - | - | (0.2 | ) | |||||||||
Reductions for expiration of statutes | - | - | (0.1 | ) | |||||||||
Balance at end of the year | $ | 2.8 | $ | 2.9 | $ | 7.8 | |||||||
If the $2.8 million in 2013, $2.9 million in 2012 and $7.8 million in 2011 of unrecognized tax benefits were recognized, they would have a favorable effect of $1.8 million in 2013, $1.9 million in 2012 and $6.7 million in 2011 on income tax expense. | |||||||||||||
The Company recognizes both interest and penalties as part of the income tax provision. The Company recognized expense of $0.1 million in 2013, a benefit of $0.3 million in 2012 and expense of $0.1 million in 2011 for interest and penalties. Accrued interest and penalties were $0.3 million at year-end 2013 and $0.2 million at year-end 2012. | |||||||||||||
The Company files income tax returns in the U.S. and in various states and foreign countries. The tax periods open to examination by the major taxing jurisdictions to which the Company is subject include the U.S. for fiscal years 2010 through 2013, Canada for fiscal years 2006 through 2013, France for fiscal years 2011 through 2013, Mexico for fiscal years 2008 through 2013, Switzerland for fiscal years 2004 through 2013 and Russia for fiscal years 2011 through 2013. | |||||||||||||
The Company and its subsidiaries have various income tax returns in the process of examination or administrative appeals. The unrecognized tax benefit and related interest and penalty balances include approximately $0.5 million for 2013 related to tax positions which are reasonably possible to change within the next twelve months due to income tax audits, settlements and statute expirations. |
Note_14_Supplemental_Cash_Flow
Note 14 - Supplemental Cash Flow Information | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Supplemental Cash Flow Elements [Abstract] | ' | ||||||||||||
Cash Flow, Supplemental Disclosures [Text Block] | ' | ||||||||||||
14. Supplemental Cash Flow Information | |||||||||||||
Changes in operating assets and liabilities, net of acquisitions and the effect of deconsolidated entities, as disclosed in the statements of cash flows, for the fiscal years 2013, 2012 and 2011, respectively, were as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Increase in trade accounts receivable | $ | (14.6 | ) | $ | (57.9 | ) | $ | (148.5 | ) | ||||
Increase in prepaid expenses and other assets | (11.8 | ) | (12.5 | ) | (4.7 | ) | |||||||
Increase in accounts payable and accrued liabilities | 43.8 | 54.1 | 58.9 | ||||||||||
Increase in accrued payroll and related taxes | 39.2 | 2.4 | 34.3 | ||||||||||
(Decrease) increase in accrued insurance | (2.9 | ) | (8.7 | ) | 0.2 | ||||||||
Increase (decrease) in income and other taxes | 5.5 | (3.7 | ) | 4.8 | |||||||||
Total changes in operating assets and liabilities | $ | 59.2 | $ | (26.3 | ) | $ | (55.0 | ) | |||||
The Company paid interest of $2.0 million, $2.6 million and $2.9 million in 2013, 2012 and 2011, respectively. The Company paid income taxes of $16.9 million in 2013, $18.8 million in 2012 and $21.5 million in 2011. | |||||||||||||
During 2013, the Company determined that both cash and equivalents and accrued payroll and related taxes were understated by $4.8 million as of the 2012 year end, and by an insignificant amount as of the 2011 year end. The Company determined that the impact of this error on the consolidated balance sheets and consolidated statements of cash flows was not material. As a result of correcting the error in 2013, changes in operating assets and liabilities and net cash from operating activities are both overstated by $4.8 million in the consolidated statements of cash flows for 2013. |
Note_15_Commitments
Note 15 - Commitments | 12 Months Ended | ||||
Dec. 29, 2013 | |||||
Disclosure Text Block Supplement [Abstract] | ' | ||||
Commitments Disclosure [Text Block] | ' | ||||
15. Commitments | |||||
The Company conducts its field operations primarily from leased facilities. The following is a schedule by fiscal year of future minimum commitments under operating leases as of year-end 2013 (in millions of dollars): | |||||
Fiscal year: | |||||
2014 | $ | 39 | |||
2015 | 28.7 | ||||
2016 | 19 | ||||
2017 | 11 | ||||
2018 | 6.3 | ||||
Later years | 2.4 | ||||
Total | $ | 106.4 | |||
Lease expense from continuing operations for fiscal 2013, 2012 and 2011 amounted to $45.6 million, $48.3 million and $50.5 million, respectively. | |||||
In addition to operating lease agreements, the Company has entered into noncancelable purchase obligations totaling $30.8 million. These obligations relate primarily to voice and data communications services and online tools which the Company expects to utilize generally within the next two fiscal years, in the ordinary course of business. The Company has no material unrecorded commitments, losses, contingencies or guarantees associated with any related parties or unconsolidated entities. See the Debt and Retirement Benefits footnotes for commitments related to debt and pension obligations. |
Note_16_Contingencies
Note 16 - Contingencies | 12 Months Ended |
Dec. 29, 2013 | |
Disclosure Text Block Supplement [Abstract] | ' |
Legal Matters and Contingencies [Text Block] | ' |
16. Contingencies | |
During the first quarter of 2013, the Company agreed to a settlement related to its unclaimed property examination by Delaware, its state of incorporation, for $4.5 million. Types of property under exam included payroll and accounts payable checks and accounts receivable credits, covering all reporting years through and including 2012. Accordingly, the Company recorded an additional reserve of $3.0 million in the first quarter of 2013. The Company paid this settlement during the second quarter of 2013. | |
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 consists of $2.7 million plus a portion of pre-and-post-judgment interest. Kelly believes it is appropriately insured for this verdict. Kelly believes that the verdict is not supported by the facts of the case and is currently evaluating appeals strategies with its insurers. | |
In 2012, the Company received final court approval of the settlement of a single class action, Fuller v. Kelly Services, Inc. and Kelly Home Care Services, Inc., in the Superior Court of California, Los Angeles, which involved a claim for monetary damages by current and former temporary employees in the State of California. The claims were related to alleged misclassification of personal attendants as exempt and not entitled to overtime compensation under state law and alleged technical violations of a state law governing the content of employee pay stubs. During 2011, a $1.2 million after tax charge relating to the settlement was recognized in discontinued operations. During the first quarter of 2012, we reduced our estimate of the costs to settle the litigation by $0.4 million after tax, which we recorded in discontinued operations. | |
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. At year-end 2013 and 2012, the gross accrual for litigation costs amounted to $6.9 million and $3.1 million, respectively, and related insurance recoveries totaled $3.1 million and $0.2 million, respectively. |
Note_17_Segment_Disclosures
Note 17 - Segment Disclosures | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Segment Reporting Disclosure [Text Block] | ' | ||||||||||||
17. 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 maker 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 from continuing operations before taxes, for 2013, 2012 and 2011. 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. | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Revenue from Services: | |||||||||||||
Americas Commercial | $ | 2,545.60 | $ | 2,642.40 | $ | 2,660.90 | |||||||
Americas PT | 1,001.40 | 1,029.70 | 982.8 | ||||||||||
Total Americas Commercial and PT | 3,547.00 | 3,672.10 | 3,643.70 | ||||||||||
EMEA Commercial | 877.5 | 854.6 | 990.1 | ||||||||||
EMEA PT | 179.7 | 168.3 | 178.9 | ||||||||||
Total EMEA Commercial and PT | 1,057.20 | 1,022.90 | 1,169.00 | ||||||||||
APAC Commercial | 344.1 | 343.2 | 397.6 | ||||||||||
APAC PT | 38.6 | 51.6 | 51.4 | ||||||||||
Total APAC Commercial and PT | 382.7 | 394.8 | 449 | ||||||||||
OCG | 475.9 | 396.1 | 317.3 | ||||||||||
Less: Intersegment revenue | (49.7 | ) | (35.4 | ) | (28.0 | ) | |||||||
Consolidated Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 | |||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Earnings from Operations: | |||||||||||||
Americas Commercial gross profit | $ | 370.2 | $ | 388.2 | $ | 375.3 | |||||||
Americas PT gross profit | 163.5 | 159.7 | 147.8 | ||||||||||
Americas Region gross profit | 533.7 | 547.9 | 523.1 | ||||||||||
Americas Region SG&A expenses | (424.9 | ) | (405.8 | ) | (396.4 | ) | |||||||
Americas Region Earnings from Operations | 108.8 | 142.1 | 126.7 | ||||||||||
EMEA Commercial gross profit | 133.6 | 133.8 | 160.3 | ||||||||||
EMEA PT gross profit | 42.6 | 43 | 47.4 | ||||||||||
EMEA Region gross profit | 176.2 | 176.8 | 207.7 | ||||||||||
EMEA Region SG&A expenses | (164.7 | ) | (168.1 | ) | (189.7 | ) | |||||||
EMEA Region Earnings from Operations | 11.5 | 8.7 | 18 | ||||||||||
APAC Commercial gross profit | 49.3 | 50.1 | 55.7 | ||||||||||
APAC PT gross profit | 14 | 21 | 20.6 | ||||||||||
APAC Region gross profit | 63.3 | 71.1 | 76.3 | ||||||||||
APAC Region SG&A expenses | (60.5 | ) | (73.4 | ) | (77.0 | ) | |||||||
APAC Region Earnings (Loss) from Operations | 2.8 | (2.3 | ) | (0.7 | ) | ||||||||
OCG gross profit | 119.8 | 104 | 78.8 | ||||||||||
OCG SG&A expenses | (106.4 | ) | (95.4 | ) | (81.4 | ) | |||||||
OCG asset impairments | (1.7 | ) | - | - | |||||||||
OCG Earnings (Loss) from Operations | 11.7 | 8.6 | (2.6 | ) | |||||||||
Less: Intersegment gross profit | (3.5 | ) | (3.2 | ) | (2.6 | ) | |||||||
Less: Intersegment SG&A expenses | 3.5 | 3.2 | 2.6 | ||||||||||
Net Intersegment Activity | 0 | 0 | 0 | ||||||||||
Corporate | (81.5 | ) | (84.8 | ) | (83.7 | ) | |||||||
Consolidated Total | 53.3 | 72.3 | 57.7 | ||||||||||
Other Expense, Net | 4.5 | 3.5 | 0.1 | ||||||||||
Earnings From Continuing Operations Before Taxes | $ | 48.8 | $ | 68.8 | $ | 57.6 | |||||||
A summary of revenue from services by geographic area for 2013, 2012 and 2011 follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Revenue From Services: | |||||||||||||
Domestic | $ | 3,419.90 | $ | 3,464.20 | $ | 3,445.40 | |||||||
International | 1,993.20 | 1,986.30 | 2,105.60 | ||||||||||
Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 | |||||||
Foreign revenue is based on the country in which the legal subsidiary is domiciled. No single foreign country’s revenue represented more than 10% of the consolidated revenues of the Company. No single customer represented more than 10% of the consolidated revenues of the Company. | |||||||||||||
A summary of long-lived assets information by geographic area as of year-end 2013 and 2012 follows: | |||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Long-Lived Assets: | |||||||||||||
Domestic | $ | 74.3 | $ | 72.1 | |||||||||
International | 17.7 | 17.8 | |||||||||||
Total | $ | 92 | $ | 89.9 | |||||||||
Long-lived assets include primarily property and equipment. No single foreign country’s long-lived assets represented more than 10% of the consolidated long-lived assets of the Company. |
Note_18_New_Accounting_Pronoun
Note 18 - New Accounting Pronouncements | 12 Months Ended |
Dec. 29, 2013 | |
Disclosure Text Block [Abstract] | ' |
Description of New Accounting Pronouncements Not yet Adopted [Text Block] | ' |
18. New Accounting Pronouncements | |
In March 2013, the FASB issued amendments to address the accounting for the cumulative translation adjustment when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity. The amendments are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013 (early adoption is permitted). The adoption of this guidance is not expected to have a material effect on our results of operations, financial position or liquidity. | |
In July 2013, the FASB amended its guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss or a tax credit carryforward exists. This guidance is effective for fiscal periods beginning after December 15, 2013, and is to be applied prospectively to all unrecognized tax benefits that exist at the effective date (retrospective and early adoption are also permitted). The amendments only affect gross versus net presentation and the adoption of this guidance is not expected to have a material effect on our results of operations, financial position or liquidity. |
Note_19_Selected_Quarterly_Fin
Note 19 - Selected Quarterly Financial Data (unaudited) | 12 Months Ended | ||||||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||||||
Quarterly Financial Information [Text Block] | ' | ||||||||||||||||||||
19. Selected Quarterly Financial Data (unaudited) | |||||||||||||||||||||
Fiscal Year 2013 | |||||||||||||||||||||
First | Second | Third | Fourth | Year | |||||||||||||||||
Quarter | Quarter | Quarter | Quarter | ||||||||||||||||||
(In millions of dollars except per share data) | |||||||||||||||||||||
Revenue from services | $ | 1,314.80 | $ | 1,366.90 | $ | 1,345.60 | $ | 1,385.80 | $ | 5,413.10 | |||||||||||
Gross profit | 216.9 | 220.7 | 220.4 | 231.5 | 889.5 | ||||||||||||||||
SG&A expenses | 209.8 | 202.6 | 200.2 | 221.9 | 834.5 | ||||||||||||||||
Restructuring charges (credits) included in SG&A | - | 0.8 | 0.5 | 0.3 | 1.6 | ||||||||||||||||
Asset impairments | - | 1.7 | - | - | 1.7 | ||||||||||||||||
Earnings from continuing operations | 12.9 | 10 | 18.8 | 17.2 | 58.9 | ||||||||||||||||
Earnings from discontinued operations, net of tax | - | - | - | - | - | ||||||||||||||||
Net earnings | 12.9 | 10 | 18.8 | 17.2 | 58.9 | ||||||||||||||||
Basic earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Earnings from discontinued operations | - | - | - | - | - | ||||||||||||||||
Net earnings | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Diluted earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Earnings from discontinued operations | - | - | - | - | - | ||||||||||||||||
Net earnings | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Dividends per share | 0.05 | 0.05 | 0.05 | 0.05 | 0.2 | ||||||||||||||||
Fiscal Year 2012 | |||||||||||||||||||||
First | Second | Third | Fourth | Year | |||||||||||||||||
Quarter | Quarter | Quarter | Quarter | ||||||||||||||||||
(In millions of dollars except per share data) | |||||||||||||||||||||
Revenue from services | $ | 1,354.80 | $ | 1,366.10 | $ | 1,354.20 | $ | 1,375.40 | $ | 5,450.50 | |||||||||||
Gross profit | 223.7 | 223.2 | 227.5 | 222.2 | 896.6 | ||||||||||||||||
SG&A expenses | 209.0 | 199.4 | 203.5 | 209.3 | 821.2 | ||||||||||||||||
Restructuring charges (credits) included in SG&A | - | (2.2) | - | 1.3 | (0.9) | ||||||||||||||||
Asset impairments | - | - | - | 3.1 | 3.1 | ||||||||||||||||
Earnings from continuing operations | 9.2 | 15.0 | 16.6 | 8.9 | 49.7 | ||||||||||||||||
Earnings from discontinued operations, net of tax | 0.4 | - | - | - | 0.4 | ||||||||||||||||
Net earnings | 9.6 | 15.0 | 16.6 | 8.9 | 50.1 | ||||||||||||||||
Basic earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.24 | 0.40 | 0.43 | 0.23 | 1.31 | ||||||||||||||||
Earnings from discontinued operations | 0.01 | - | - | - | 0.01 | ||||||||||||||||
Net earnings | 0.26 | 0.40 | 0.43 | 0.23 | 1.32 | ||||||||||||||||
Diluted earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.24 | 0.40 | 0.43 | 0.23 | 1.31 | ||||||||||||||||
Earnings from discontinued operations | 0.01 | - | - | - | 0.01 | ||||||||||||||||
Net earnings | 0.26 | 0.40 | 0.43 | 0.23 | 1.32 | ||||||||||||||||
Dividends per share | 0.05 | 0.05 | 0.05 | 0.05 | 0.20 | ||||||||||||||||
(1) Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year. |
Schedule_II_Valuation_Reserves
Schedule II - Valuation Reserves | 12 Months Ended | ||||||||||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | ' | ||||||||||||||||||||||||
Additions | |||||||||||||||||||||||||
Balance at beginning of year | Charged to costs and expenses | Charged to other accounts | Currency exchange effects | Deductions from reserves | Balance at end of year | ||||||||||||||||||||
Description | |||||||||||||||||||||||||
Fiscal year ended December 29, 2013: | |||||||||||||||||||||||||
Reserve deducted in the balance sheet from the assets to which it applies - | |||||||||||||||||||||||||
Allowance for doubtful accounts | $ | 10.4 | 2.5 | (0.5 | ) (1) | - | (2.5 | ) | $ | 9.9 | |||||||||||||||
Deferred tax assets valuation allowance | $ | 58.4 | 8.7 | - | (1.1 | ) | (9.7 | ) | $ | 56.3 | |||||||||||||||
Fiscal year ended December 30, 2012: | |||||||||||||||||||||||||
Reserve deducted in the balance sheet from the assets to which it applies - | |||||||||||||||||||||||||
Allowance for doubtful accounts | $ | 13.4 | 1.1 | - | 0.1 | (4.2 | ) | $ | 10.4 | ||||||||||||||||
Deferred tax assets valuation allowance | $ | 65.4 | 7.1 | (0.1 | ) (2) | 0.2 | (14.2 | ) | $ | 58.4 | |||||||||||||||
Fiscal year ended January 1, 2012: | |||||||||||||||||||||||||
Reserve deducted in the balance sheet from the assets to which it applies - | |||||||||||||||||||||||||
Allowance for doubtful accounts | $ | 12.3 | 4.3 | - | (0.2 | ) | (3.0 | ) | $ | 13.4 | |||||||||||||||
Deferred tax assets valuation allowance | $ | 52.5 | 14.1 | 1.5 | (2) | (1.0 | ) | (1.7 | ) | $ | 65.4 | ||||||||||||||
-1 | Adjustment to provision for sales allowances charged to revenue from services. | ||||||||||||||||||||||||
-2 | Allowance of companies acquired. | ||||||||||||||||||||||||
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 12 Months Ended | ||||||||||||||
Dec. 29, 2013 | |||||||||||||||
Accounting Policies, by Policy (Policies) [Line Items] | ' | ||||||||||||||
Nature of Operations [Text Block] | ' | ||||||||||||||
Nature of Operations Kelly Services, Inc. is a global workforce solutions provider operating throughout the world. | |||||||||||||||
Fiscal Period, Policy [Policy Text Block] | ' | ||||||||||||||
Fiscal Year The Company's fiscal year ends on the Sunday nearest to December 31. The three most recent years ended on December 29, 2013 (2013), December 30, 2012 (2012) and January 1, 2012 (2011), respectively, all of which contained 52 weeks. The Company’s operations in Brazil are accounted for on a one-month lag. The Company’s equity investment in TS Kelly Workforce Solutions is accounted for on a one-quarter lag (see Investment in Equity Affiliate footnote). Any material transactions in the intervening period are disclosed or accounted for in the current reporting period. Period costs included in selling, general and administrative (“SG&A”) expenses are recorded on a calendar-year basis. | |||||||||||||||
Consolidation, Policy [Policy Text Block] | ' | ||||||||||||||
Principles of Consolidation The consolidated financial statements include the accounts and operations of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated. | |||||||||||||||
Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block] | ' | ||||||||||||||
Available-For-Sale Investment The Company’s available-for-sale investment, as further described in the Fair Value Measurements footnote, is carried at fair value with the unrealized gains or losses, net of tax, included as a component of accumulated other comprehensive income (loss) in stockholders’ equity. Realized losses and declines in value below cost judged to be other-than-temporary are included as a component of asset impairments expense in the consolidated statement of earnings. The fair value of the available-for-sale investment is based on quoted market prices. | |||||||||||||||
Foreign Currency Transactions and Translations Policy [Policy Text Block] | ' | ||||||||||||||
Foreign Currency Translation All of the Company’s international subsidiaries use their local currency as their functional currency. Revenue and expense accounts of foreign subsidiaries are translated to U.S. dollars at average exchange rates, while assets and liabilities are translated to U.S. dollars at year-end exchange rates. Resulting translation adjustments, net of tax, where applicable, are reported as accumulated foreign currency translation adjustments in stockholders’ equity and are recorded as a component of accumulated other comprehensive income. | |||||||||||||||
Revenue Recognition, Policy [Policy Text Block] | ' | ||||||||||||||
Revenue Recognition Revenue from services is recognized as services are provided by the temporary or contract employees. Revenue from permanent placement services is recognized at the time the permanent placement candidate begins full-time employment. Revenue from other staffing fee-based consulting services is recognized when the services are provided. Provisions for sales allowances (billing adjustments related to errors, service issues and compromises on billing disputes), based on historical experience, are recognized at the time the related sale is recognized as a reduction in revenue from services. | |||||||||||||||
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block] | ' | ||||||||||||||
Allowance for Uncollectible Accounts Receivable The Company records an allowance for uncollectible accounts receivable based on historical loss experience, customer payment patterns and current economic trends. The reserve for sales allowances, as discussed above, is also included in the allowance for uncollectible accounts receivable. The Company reviews the adequacy of the allowance for uncollectible accounts receivable on a quarterly basis and, if necessary, increases or decreases the balance by recording a charge or credit to SG&A expenses for the portion of the adjustment relating to uncollectible accounts receivable, and a charge or credit to revenue from services for the portion of the adjustment relating to sales allowances. | |||||||||||||||
Cost of Sales, Policy [Policy Text Block] | ' | ||||||||||||||
Cost of Services Cost of services are those costs directly associated with the earning of revenue. The primary examples of these types of costs are temporary employee wages, along with associated payroll taxes, temporary employee benefits, such as service bonus and holiday pay, and workers’ compensation costs. These costs differ fundamentally from SG&A expenses in that they arise specifically from the action of providing our services to customers whereas SG&A costs are incurred regardless of whether or not we place temporary employees with our customers. | |||||||||||||||
Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block] | ' | ||||||||||||||
Advertising Expenses Advertising expenses from continuing operations, which are expensed as incurred and are included in SG&A expenses, were $8.9 million in 2013, $8.5 million in 2012 and $7.5 million in 2011. | |||||||||||||||
Use of Estimates, Policy [Policy Text Block] | ' | ||||||||||||||
Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, the accounting for the allowance for uncollectible accounts receivable, workers’ compensation, goodwill and long-lived asset impairment, litigation costs and income taxes. Actual results could differ materially from those estimates. | |||||||||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | ' | ||||||||||||||
Cash and Equivalents Cash and equivalents are stated at fair value. The Company considers securities with original maturities of three months or less to be cash and equivalents. | |||||||||||||||
Property, Plant and Equipment, Policy [Policy Text Block] | ' | ||||||||||||||
Property and Equipment Property and equipment are stated at cost and are depreciated on a straight-line basis over their estimated useful lives. Cost and estimated useful lives of property and equipment by function are as follows: | |||||||||||||||
Category | 2013 | 2012 | Life | ||||||||||||
(In millions of dollars) | |||||||||||||||
Land | $ | 3.8 | $ | 3.8 | - | ||||||||||
Work in process | 4.4 | 7.2 | - | ||||||||||||
Buildings and improvements | 58.9 | 56.5 | 15 | to | 45 years | ||||||||||
Computer hardware and software | 215.7 | 202.3 | 3 | to | 12 years | ||||||||||
Equipment, furniture and fixtures | 33.6 | 33 | 5 | years | |||||||||||
Leasehold improvements | 34.1 | 34.8 | The lesser of the life of the lease or 5 years. | ||||||||||||
Total property and equipment | $ | 350.5 | $ | 337.6 | |||||||||||
The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Use Software Subtopic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Work in process represents capitalized costs for internal use software not yet in service. Depreciation expense was $18.4 million for 2013, $19.0 million for 2012 and $28.9 million for 2011. | |||||||||||||||
Lease, Policy [Policy Text Block] | ' | ||||||||||||||
Operating Leases The Company recognizes rent expense on a straight-line basis over the lease term. This includes the impact of both scheduled rent increases and free or reduced rents (commonly referred to as “rent holidays”). The Company records allowances provided by landlords for leasehold improvements as deferred rent in the consolidated balance sheet and as operating cash flows in the consolidated statement of cash flows. | |||||||||||||||
Goodwill and Intangible Assets, Policy [Policy Text Block] | ' | ||||||||||||||
Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price over the fair value of net assets acquired. Purchased intangible assets with definite lives are recorded at estimated fair value at the date of acquisition and are amortized over their respective useful lives (from 3 to 15 years) on a straight-line basis or, if appropriate, on an accelerated basis commensurate with the related cash flows. | |||||||||||||||
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block] | ' | ||||||||||||||
Impairment of Long-Lived Assets and Intangible Assets The Company evaluates long-lived assets and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. When estimated undiscounted future cash flows will not be sufficient to recover the asset group’s carrying amount, in which the long-lived asset being tested for impairment resides, the asset is written down to its estimated fair value. Assets to be disposed of by sale, if any, are reported at the lower of the carrying amount or estimated fair value less cost to sell. | |||||||||||||||
We test goodwill for impairment at the reporting unit level annually and whenever events or circumstances make it more likely than not that an impairment may have occurred. We have determined that our reporting units are the same as our operating and reportable segments based on our organizational structure and the financial information that is provided to and reviewed by management. We may use a qualitative assessment for one or more reporting units for the annual goodwill impairment test if we have determined that it is more likely than not that the fair value of the reporting unit(s) is more than their carrying value. | |||||||||||||||
For reporting units where the qualitative assessment is not used, goodwill is tested for impairment using a two-step process. In the first step, the estimated fair value of a reporting unit is compared to its carrying value. If the estimated fair value of a reporting unit exceeds the carrying value of the net assets assigned to a reporting unit, goodwill is not considered impaired and no further testing is required. | |||||||||||||||
If the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of a reporting unit, a second step of the impairment test is performed in order to determine the implied fair value of a reporting unit’s goodwill. If the carrying value of a reporting unit’s goodwill exceeds its implied fair value, goodwill is deemed impaired and is written down to the extent of the difference. | |||||||||||||||
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | ' | ||||||||||||||
Accounts Payable Included in accounts payable are outstanding checks in excess of funds on deposit. Such amounts totaled $20.6 million and $22.2 million at year-end 2013 and 2012, respectively. | |||||||||||||||
Income Tax, Policy [Policy Text Block] | ' | ||||||||||||||
Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts. Valuation allowances are provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. | |||||||||||||||
Uncertain tax positions that are taken or expected to be taken in a tax return are recognized in the financial statements when it is more likely than not (i.e., a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities that have full knowledge of all relevant information. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. | |||||||||||||||
Interest and penalties related to income taxes are accounted for as income tax expense. | |||||||||||||||
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | ' | ||||||||||||||
Stock-Based Compensation The Company may grant restricted stock awards and units (collectively, “restricted stock”), stock options (both incentive and nonqualified), stock appreciation rights and performance awards to key employees associated with the Company’s Class A stock. The Company utilizes the market price on the date of grant as the fair value for restricted stock and estimates the fair value of stock option awards on the date of grant using an option-pricing model. The value of awards that are ultimately expected to vest is recognized as expense over the requisite service periods in SG&A expense in the Company’s consolidated statements of earnings. | |||||||||||||||
Earnings Per Share, Policy [Policy Text Block] | ' | ||||||||||||||
Earnings Per Share Restricted stock that entitle their holders to receive nonforfeitable dividends before vesting are considered participating securities and, therefore, are included in the calculation of earnings per share using the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Under this method, earnings from continuing operations (or net earnings) is reduced by the amount of dividends declared, and the remaining undistributed earnings is allocated to common stock and participating securities based on the proportion of each class’s weighted average shares outstanding to the total weighted average shares outstanding. The calculation of diluted earnings per share includes the effect of potential common shares outstanding in the average weighted shares outstanding. | |||||||||||||||
Workers' Compensation Policy [Policy Text Block] | ' | ||||||||||||||
Workers’ Compensation The Company establishes accruals for workers’ compensation claims utilizing actuarial methods to estimate the undiscounted future cash payments that will be made to satisfy the claims. The estimates are based both on historical experience as well as current legal, economic and regulatory factors. When claims exceed the applicable loss limit or self-insured retention and realization of recovery of the claim from existing insurance policies is deemed probable, the Company records a receivable from the insurance company for the excess amount. The receivable is included in prepaid expenses and other current assets and other assets in the consolidated balance sheet at the 2013 year end and in other assets at the 2012 year end. The Company regularly updates its estimates, and the ultimate cost of these claims may be greater than or less than the established accrual. | |||||||||||||||
Segment Reporting, Policy [Policy Text Block] | ' | ||||||||||||||
The Company’s segments are based on the organizational structure for which financial results are regularly evaluated by the Company’s chief operating decision maker 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 from continuing operations before taxes, for 2013, 2012 and 2011. 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. | |||||||||||||||
2013 | 2012 | 2011 | |||||||||||||
(In millions of dollars) | |||||||||||||||
Revenue from Services: | |||||||||||||||
Americas Commercial | $ | 2,545.60 | $ | 2,642.40 | $ | 2,660.90 | |||||||||
Americas PT | 1,001.40 | 1,029.70 | 982.8 | ||||||||||||
Total Americas Commercial and PT | 3,547.00 | 3,672.10 | 3,643.70 | ||||||||||||
EMEA Commercial | 877.5 | 854.6 | 990.1 | ||||||||||||
EMEA PT | 179.7 | 168.3 | 178.9 | ||||||||||||
Total EMEA Commercial and PT | 1,057.20 | 1,022.90 | 1,169.00 | ||||||||||||
APAC Commercial | 344.1 | 343.2 | 397.6 | ||||||||||||
APAC PT | 38.6 | 51.6 | 51.4 | ||||||||||||
Total APAC Commercial and PT | 382.7 | 394.8 | 449 | ||||||||||||
OCG | 475.9 | 396.1 | 317.3 | ||||||||||||
Less: Intersegment revenue | (49.7 | ) | (35.4 | ) | (28.0 | ) | |||||||||
Consolidated Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 | |||||||||
2013 | 2012 | 2011 | |||||||||||||
(In millions of dollars) | |||||||||||||||
Earnings from Operations: | |||||||||||||||
Americas Commercial gross profit | $ | 370.2 | $ | 388.2 | $ | 375.3 | |||||||||
Americas PT gross profit | 163.5 | 159.7 | 147.8 | ||||||||||||
Americas Region gross profit | 533.7 | 547.9 | 523.1 | ||||||||||||
Americas Region SG&A expenses | (424.9 | ) | (405.8 | ) | (396.4 | ) | |||||||||
Americas Region Earnings from Operations | 108.8 | 142.1 | 126.7 | ||||||||||||
EMEA Commercial gross profit | 133.6 | 133.8 | 160.3 | ||||||||||||
EMEA PT gross profit | 42.6 | 43 | 47.4 | ||||||||||||
EMEA Region gross profit | 176.2 | 176.8 | 207.7 | ||||||||||||
EMEA Region SG&A expenses | (164.7 | ) | (168.1 | ) | (189.7 | ) | |||||||||
EMEA Region Earnings from Operations | 11.5 | 8.7 | 18 | ||||||||||||
APAC Commercial gross profit | 49.3 | 50.1 | 55.7 | ||||||||||||
APAC PT gross profit | 14 | 21 | 20.6 | ||||||||||||
APAC Region gross profit | 63.3 | 71.1 | 76.3 | ||||||||||||
APAC Region SG&A expenses | (60.5 | ) | (73.4 | ) | (77.0 | ) | |||||||||
APAC Region Earnings (Loss) from Operations | 2.8 | (2.3 | ) | (0.7 | ) | ||||||||||
OCG gross profit | 119.8 | 104 | 78.8 | ||||||||||||
OCG SG&A expenses | (106.4 | ) | (95.4 | ) | (81.4 | ) | |||||||||
OCG asset impairments | (1.7 | ) | - | - | |||||||||||
OCG Earnings (Loss) from Operations | 11.7 | 8.6 | (2.6 | ) | |||||||||||
Less: Intersegment gross profit | (3.5 | ) | (3.2 | ) | (2.6 | ) | |||||||||
Less: Intersegment SG&A expenses | 3.5 | 3.2 | 2.6 | ||||||||||||
Net Intersegment Activity | 0 | 0 | 0 | ||||||||||||
Corporate | (81.5 | ) | (84.8 | ) | (83.7 | ) | |||||||||
Consolidated Total | 53.3 | 72.3 | 57.7 | ||||||||||||
Other Expense, Net | 4.5 | 3.5 | 0.1 | ||||||||||||
Earnings From Continuing Operations Before Taxes | $ | 48.8 | $ | 68.8 | $ | 57.6 | |||||||||
A summary of revenue from services by geographic area for 2013, 2012 and 2011 follows: | |||||||||||||||
2013 | 2012 | 2011 | |||||||||||||
(In millions of dollars) | |||||||||||||||
Revenue From Services: | |||||||||||||||
Domestic | $ | 3,419.90 | $ | 3,464.20 | $ | 3,445.40 | |||||||||
International | 1,993.20 | 1,986.30 | 2,105.60 | ||||||||||||
Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 | |||||||||
Foreign revenue is based on the country in which the legal subsidiary is domiciled. No single foreign country’s revenue represented more than 10% of the consolidated revenues of the Company. No single customer represented more than 10% of the consolidated revenues of the Company. | |||||||||||||||
A summary of long-lived assets information by geographic area as of year-end 2013 and 2012 follows: | |||||||||||||||
2013 | 2012 | ||||||||||||||
(In millions of dollars) | |||||||||||||||
Long-Lived Assets: | |||||||||||||||
Domestic | $ | 74.3 | $ | 72.1 | |||||||||||
International | 17.7 | 17.8 | |||||||||||||
Total | $ | 92 | $ | 89.9 | |||||||||||
Long-lived assets include primarily property and equipment. No single foreign country’s long-lived assets represented more than 10% of the consolidated long-lived assets of the Company. | |||||||||||||||
Other Liabilities [Member] | ' | ||||||||||||||
Accounting Policies, by Policy (Policies) [Line Items] | ' | ||||||||||||||
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | ' | ||||||||||||||
Accrued Payroll and Related Taxes Included in accrued payroll and related taxes are outstanding checks in excess of funds on deposit. Such amounts totaled $4.0 million and $5.3 million at year-end 2013 and 2012, respectively. Payroll taxes for temporary employees are recognized proportionately to direct wages for interim periods based on expected full-year amounts. |
Note_1_Summary_of_Significant_1
Note 1 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||||||||
Dec. 29, 2013 | |||||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||||
Property, Plant and Equipment [Table Text Block] | ' | ||||||||||||||
Category | 2013 | 2012 | Life | ||||||||||||
(In millions of dollars) | |||||||||||||||
Land | $ | 3.8 | $ | 3.8 | - | ||||||||||
Work in process | 4.4 | 7.2 | - | ||||||||||||
Buildings and improvements | 58.9 | 56.5 | 15 | to | 45 years | ||||||||||
Computer hardware and software | 215.7 | 202.3 | 3 | to | 12 years | ||||||||||
Equipment, furniture and fixtures | 33.6 | 33 | 5 | years | |||||||||||
Leasehold improvements | 34.1 | 34.8 | The lesser of the life of the lease or 5 years. | ||||||||||||
Total property and equipment | $ | 350.5 | $ | 337.6 |
Note_2_Fair_Value_Measurements1
Note 2 - Fair Value Measurements (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value, Assets Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||
Fair Value Measurements on a Recurring Basis | |||||||||||||||||
As of Year-End 2013 | |||||||||||||||||
Description | Total | Level 1 | Level 2 | Level 3 | |||||||||||||
(In millions of dollars) | |||||||||||||||||
Money market funds | $ | 2.9 | $ | 2.9 | $ | - | $ | - | |||||||||
Available-for-sale investment | 80.7 | 80.7 | - | - | |||||||||||||
Total assets at fair value | $ | 83.6 | $ | 83.6 | $ | - | $ | - | |||||||||
Fair Value Measurements on a Recurring Basis | |||||||||||||||||
As of Year-End 2012 | |||||||||||||||||
Description | Total | Level 1 | Level 2 | Level 3 | |||||||||||||
(In millions of dollars) | |||||||||||||||||
Money market funds | $ | 2.3 | $ | 2.3 | $ | - | $ | - | |||||||||
Available-for-sale investment | 37.7 | 37.7 | - | - | |||||||||||||
Total assets at fair value | $ | 40 | $ | 40 | $ | - | $ | - |
Note_5_Goodwill_Tables
Note 5 - Goodwill (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Goodwill [Table Text Block] | ' | ||||||||||||||||||||||||
As of Year-End 2012 | As of Year-End 2013 | ||||||||||||||||||||||||
Goodwill, | Accumulated Impairment Losses | Adjustments | Goodwill, | Accumulated | Goodwill, | ||||||||||||||||||||
Gross | to | Gross | Impairment | Net | |||||||||||||||||||||
Goodwill | Losses | ||||||||||||||||||||||||
(In millions of dollars) | |||||||||||||||||||||||||
Americas | |||||||||||||||||||||||||
Americas Commercial | $ | 39.2 | $ | (16.4 | ) | $ | 0.8 | $ | 40 | $ | (16.4 | ) | $ | 23.6 | |||||||||||
Americas PT | 39.2 | - | - | 39.2 | - | 39.2 | |||||||||||||||||||
Total Americas | 78.4 | (16.4 | ) | 0.8 | 79.2 | (16.4 | ) | 62.8 | |||||||||||||||||
EMEA | |||||||||||||||||||||||||
EMEA Commercial | 50.4 | (50.4 | ) | - | 50.4 | (50.4 | ) | - | |||||||||||||||||
EMEA PT | 22 | (22.0 | ) | - | 22 | (22.0 | ) | - | |||||||||||||||||
Total EMEA | 72.4 | (72.4 | ) | - | 72.4 | (72.4 | ) | - | |||||||||||||||||
APAC | |||||||||||||||||||||||||
APAC Commercial | 12.1 | (12.1 | ) | - | 12.1 | (12.1 | ) | - | |||||||||||||||||
APAC PT | 1.4 | - | - | 1.4 | - | 1.4 | |||||||||||||||||||
Total APAC | 13.5 | (12.1 | ) | - | 13.5 | (12.1 | ) | 1.4 | |||||||||||||||||
OCG | 26.1 | - | - | 26.1 | - | 26.1 | |||||||||||||||||||
Consolidated Total | $ | 190.4 | $ | (100.9 | ) | $ | 0.8 | $ | 191.2 | $ | (100.9 | ) | $ | 90.3 | |||||||||||
As of Year-End 2011 | As of Year-End 2012 | ||||||||||||||||||||||||
Goodwill, | Accumulated Impairment | Adjustments | Goodwill, | Accumulated | Goodwill, | ||||||||||||||||||||
Gross | Losses | to | Gross | Impairment | Net | ||||||||||||||||||||
Goodwill | Losses | ||||||||||||||||||||||||
(In millions of dollars) | |||||||||||||||||||||||||
Americas | |||||||||||||||||||||||||
Americas Commercial | $ | 39.3 | $ | (16.4 | ) | $ | (0.1 | ) | $ | 39.2 | $ | (16.4 | ) | $ | 22.8 | ||||||||||
Americas PT | 39.2 | - | - | 39.2 | - | 39.2 | |||||||||||||||||||
Total Americas | 78.5 | (16.4 | ) | (0.1 | ) | 78.4 | (16.4 | ) | 62 | ||||||||||||||||
EMEA | |||||||||||||||||||||||||
EMEA Commercial | 50.4 | (50.4 | ) | - | 50.4 | (50.4 | ) | - | |||||||||||||||||
EMEA PT | 22 | (22.0 | ) | - | 22 | (22.0 | ) | - | |||||||||||||||||
Total EMEA | 72.4 | (72.4 | ) | - | 72.4 | (72.4 | ) | - | |||||||||||||||||
APAC | |||||||||||||||||||||||||
APAC Commercial | 12.1 | (12.1 | ) | - | 12.1 | (12.1 | ) | - | |||||||||||||||||
APAC PT | 1.8 | - | (0.4 | ) | 1.4 | - | 1.4 | ||||||||||||||||||
Total APAC | 13.9 | (12.1 | ) | (0.4 | ) | 13.5 | (12.1 | ) | 1.4 | ||||||||||||||||
OCG | 26.3 | - | (0.2 | ) | 26.1 | - | 26.1 | ||||||||||||||||||
Consolidated Total | $ | 191.1 | $ | (100.9 | ) | $ | (0.7 | ) | $ | 190.4 | $ | (100.9 | ) | $ | 89.5 |
Note_6_Other_Assets_Tables
Note 6 - Other Assets (Tables) | 12 Months Ended | ||||||||
Dec. 29, 2013 | |||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||
Schedule of Other Assets, Noncurrent [Table Text Block] | ' | ||||||||
2013 | 2012 | ||||||||
(In millions of dollars) | |||||||||
Deferred compensation plan (see Retirement Benefits footnote) | $ | 134 | $ | 106.3 | |||||
Available-for-sale investment (see Fair Value Measurements footnote) | 80.7 | 37.7 | |||||||
Workers' compensation receivable | 13.4 | 15 | |||||||
Wage credit receivable | 6.1 | - | |||||||
Intangibles, net of accumulated amortization of $17.7 million in 2013 and $21.8 million in 2012 | 4.3 | 8.1 | |||||||
Investment in equity affiliate (see Investment in Equity Affiliate footnote) | 3.8 | 5.1 | |||||||
Other | 15.8 | 8.7 | |||||||
Other assets | $ | 258.1 | $ | 180.9 |
Note_9_Stockholders_Equity_Tab
Note 9 - Stockholders' Equity (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||||||
Foreign | Unrealized | Pension | Total | ||||||||||||||
Currency | Gains and | Liability | |||||||||||||||
Translation | Losses on | Adjustments | |||||||||||||||
Adjustments | Investment | ||||||||||||||||
(In millions of dollars) | |||||||||||||||||
Balance at year-end 2012 | $ | 24.9 | $ | 13.6 | $ | (3.1 | ) | $ | 35.4 | ||||||||
Other comprehensive income (loss) before reclassifications | (6.7 | ) | 31.2 | (1) | 1.4 | 25.9 | |||||||||||
Amounts reclassified from accumulated other comprehensive income | (0.1 | ) (2) | - | 0.2 | (3) | 0.1 | |||||||||||
Net current-period other comprehensive income | (6.8 | ) | 31.2 | 1.6 | 26 | ||||||||||||
Balance at year-end 2013 | $ | 18.1 | $ | 44.8 | $ | (1.5 | ) | $ | 61.4 |
Note_10_Earnings_Per_Share_Tab
Note 10 - Earnings Per Share (Tables) | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
Earnings from continuing operations | $ | 58.9 | $ | 49.7 | $ | 64.9 | |||||||
Less: Earnings allocated to participating securities | (1.5 | ) | (1.3 | ) | (1.5 | ) | |||||||
Earnings from continuing operations available to common shareholders | $ | 57.4 | $ | 48.4 | $ | 63.4 | |||||||
Earnings (loss) from discontinued operations | $ | - | $ | 0.4 | $ | (1.2 | ) | ||||||
Less: Earnings (loss) allocated to participating securities | - | - | - | ||||||||||
Earnings (loss) from discontinued operations available to common shareholders | $ | - | $ | 0.4 | $ | (1.2 | ) | ||||||
Net earnings | $ | 58.9 | $ | 50.1 | $ | 63.7 | |||||||
Less: Earnings allocated to participating securities | (1.5 | ) | (1.3 | ) | (1.5 | ) | |||||||
Net earnings available to common shareholders | $ | 57.4 | $ | 48.8 | $ | 62.2 | |||||||
Basic earnings (loss) per share on common stock: | |||||||||||||
Earnings from continuing operations | $ | 1.54 | $ | 1.31 | $ | 1.72 | |||||||
Earning (loss) from discontinued operations | $ | - | $ | 0.01 | $ | (0.03 | ) | ||||||
Net earnings | $ | 1.54 | $ | 1.32 | $ | 1.69 | |||||||
Diluted earnings (loss) per share on common stock: | |||||||||||||
Earnings from continuing operations | $ | 1.54 | $ | 1.31 | $ | 1.72 | |||||||
Earnings (loss) from discontinued operations | $ | - | $ | 0.01 | $ | (0.03 | ) | ||||||
Net earnings | $ | 1.54 | $ | 1.32 | $ | 1.69 | |||||||
Average common shares outstanding (millions) | |||||||||||||
Basic | 37.3 | 37 | 36.8 | ||||||||||
Diluted | 37.3 | 37 | 36.8 |
Note_11_StockBased_Compensatio1
Note 11 - Stock-Based Compensation (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block] | ' | ||||||||||||||||
Restricted | Weighted | ||||||||||||||||
Stock | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at year-end 2012 | 1,062,525 | $ | 15.19 | ||||||||||||||
Granted | 497,700 | 19.74 | |||||||||||||||
Vested | (345,925 | ) | 15.58 | ||||||||||||||
Forfeited | (85,700 | ) | 15.35 | ||||||||||||||
Nonvested at year-end 2013 | 1,128,600 | $ | 17.06 | ||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||
Options | Weighted | Weighted | Aggregate | ||||||||||||||
Average | Average | Intrinsic | |||||||||||||||
Exercise | Remaining | Value | |||||||||||||||
Price | Contractual | ||||||||||||||||
Term (Years) | |||||||||||||||||
Outstanding at year-end 2012 | 392,599 | $ | 26.16 | ||||||||||||||
Granted | - | - | |||||||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | - | - | |||||||||||||||
Expired | (229,986 | ) | 24.97 | ||||||||||||||
Outstanding at year-end 2013 | 162,613 | $ | 27.84 | 0.68 | $ | - | |||||||||||
Options exercisable at year-end 2013 | 162,613 | $ | 27.84 | 0.68 | $ | - |
Note_12_Other_Expense_Net_Tabl
Note 12 - Other Expense, Net (Tables) | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Other Income and Expenses [Abstract] | ' | ||||||||||||
Schedule of Other Nonoperating Income (Expense) [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Interest income | $ | 0.4 | $ | 1 | $ | 1 | |||||||
Interest expense | (2.8 | ) | (3.4 | ) | (3.4 | ) | |||||||
Dividend income | 0.6 | 0.6 | 0.5 | ||||||||||
Foreign exchange (losses) gains | (1.5 | ) | (1.0 | ) | 1.5 | ||||||||
Net loss on equity investment (see Investment in Equity Affiliate footnote) | (1.3 | ) | (0.7 | ) | - | ||||||||
Other | 0.1 | - | 0.3 | ||||||||||
Other expense, net | $ | (4.5 | ) | $ | (3.5 | ) | $ | (0.1 | ) |
Note_13_Income_Taxes_Tables
Note 13 - Income Taxes (Tables) | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Note 13 - Income Taxes (Tables) [Line Items] | ' | ||||||||||||
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In million of dollars) | |||||||||||||
Domestic | $ | 35.1 | $ | 56.3 | $ | 36.7 | |||||||
Foreign | 13.7 | 12.5 | 20.9 | ||||||||||
Total | $ | 48.8 | $ | 68.8 | $ | 57.6 | |||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Current tax expense: | |||||||||||||
U.S. federal | $ | 7.3 | $ | 1.4 | $ | 5.2 | |||||||
U.S. state and local | 3.5 | 3 | 1.8 | ||||||||||
Foreign | 10.4 | 10 | 13 | ||||||||||
Total current | 21.2 | 14.4 | 20 | ||||||||||
Deferred tax expense: | |||||||||||||
U.S. federal | (26.9 | ) | 4.7 | (33.3 | ) | ||||||||
U.S. state and local | (1.6 | ) | 0.9 | 1.1 | |||||||||
Foreign | (2.8 | ) | (0.9 | ) | 4.9 | ||||||||
Total deferred | (31.3 | ) | 4.7 | (27.3 | ) | ||||||||
Total provision | $ | (10.1 | ) | $ | 19.1 | $ | (7.3 | ) | |||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Income tax based on statutory rate | $ | 17.1 | $ | 24.1 | $ | 20.2 | |||||||
State income taxes, net of federal benefit | 1.2 | 2.6 | 1.9 | ||||||||||
General business credits | (26.2 | ) | (7.9 | ) | (28.5 | ) | |||||||
Life insurance cash surrender value | (5.8 | ) | (3.4 | ) | 0.9 | ||||||||
Foreign items | 0.3 | 1.6 | (0.5 | ) | |||||||||
Foreign business taxes | 3.9 | 4.5 | 4.7 | ||||||||||
Mexico tax law change | (4.6 | ) | - | - | |||||||||
Worthless stock | - | - | (7.7 | ) | |||||||||
Non-deductible compensation | 1.2 | 1.2 | 1.5 | ||||||||||
Change in deferred tax realizability | 2.8 | (0.7 | ) | (0.6 | ) | ||||||||
Uncertain tax positions | - | (4.8 | ) | (0.7 | ) | ||||||||
Other, net | - | 1.9 | 1.5 | ||||||||||
Total | $ | (10.1 | ) | $ | 19.1 | $ | (7.3 | ) | |||||
Summary of Operating Loss Carryforwards [Table Text Block] | ' | ||||||||||||
Year | Amount | ||||||||||||
2014-2015 | $ | 0.6 | |||||||||||
2016-2018 | 3.3 | ||||||||||||
2019-2022 | 2.5 | ||||||||||||
2023-2033 | 0.6 | ||||||||||||
No expiration | 42.4 | ||||||||||||
Total | $ | 49.4 | |||||||||||
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Balance at beginning of the year | $ | 2.9 | $ | 7.8 | $ | 8.5 | |||||||
Additions for prior years' tax positions | - | 0.4 | 0.2 | ||||||||||
Reductions for prior years' tax positions | (0.1 | ) | (5.3 | ) | (0.8 | ) | |||||||
Additions for settlements | - | - | 0.2 | ||||||||||
Reductions for settlements | - | - | (0.2 | ) | |||||||||
Reductions for expiration of statutes | - | - | (0.1 | ) | |||||||||
Balance at end of the year | $ | 2.8 | $ | 2.9 | $ | 7.8 | |||||||
Details [Member] | ' | ||||||||||||
Note 13 - Income Taxes (Tables) [Line Items] | ' | ||||||||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Depreciation and amortization | $ | (10.4 | ) | $ | (8.9 | ) | |||||||
Employee compensation and benefit plans | 68.1 | 57.5 | |||||||||||
Workers' compensation | 22.8 | 23.7 | |||||||||||
Unrealized (gain) loss on securities | (17.2 | ) | 2.3 | ||||||||||
Loss carryforwards | 49.4 | 50.2 | |||||||||||
Credit carryforwards | 82 | 60.5 | |||||||||||
Other, net | 0.2 | (3.6 | ) | ||||||||||
Valuation allowance | (56.3 | ) | (58.4 | ) | |||||||||
Net deferred tax assets | $ | 138.6 | $ | 123.3 | |||||||||
Classifications [Member] | ' | ||||||||||||
Note 13 - Income Taxes (Tables) [Line Items] | ' | ||||||||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Current assets, deferred tax | $ | 35.5 | $ | 44.9 | |||||||||
Noncurrent deferred tax asset | 121.7 | 82.8 | |||||||||||
Current liabilities, income and other taxes | (0.4 | ) | (3.3 | ) | |||||||||
Noncurrent liabilities, other long-term liabilities | (18.2 | ) | (1.1 | ) | |||||||||
$ | 138.6 | $ | 123.3 |
Note_14_Supplemental_Cash_Flow1
Note 14 - Supplemental Cash Flow Information (Tables) | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Supplemental Cash Flow Elements [Abstract] | ' | ||||||||||||
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Increase in trade accounts receivable | $ | (14.6 | ) | $ | (57.9 | ) | $ | (148.5 | ) | ||||
Increase in prepaid expenses and other assets | (11.8 | ) | (12.5 | ) | (4.7 | ) | |||||||
Increase in accounts payable and accrued liabilities | 43.8 | 54.1 | 58.9 | ||||||||||
Increase in accrued payroll and related taxes | 39.2 | 2.4 | 34.3 | ||||||||||
(Decrease) increase in accrued insurance | (2.9 | ) | (8.7 | ) | 0.2 | ||||||||
Increase (decrease) in income and other taxes | 5.5 | (3.7 | ) | 4.8 | |||||||||
Total changes in operating assets and liabilities | $ | 59.2 | $ | (26.3 | ) | $ | (55.0 | ) |
Note_15_Commitments_Tables
Note 15 - Commitments (Tables) | 12 Months Ended | ||||
Dec. 29, 2013 | |||||
Disclosure Text Block Supplement [Abstract] | ' | ||||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | ||||
Fiscal year: | |||||
2014 | $ | 39 | |||
2015 | 28.7 | ||||
2016 | 19 | ||||
2017 | 11 | ||||
2018 | 6.3 | ||||
Later years | 2.4 | ||||
Total | $ | 106.4 |
Note_17_Segment_Disclosures_Ta
Note 17 - Segment Disclosures (Tables) | 12 Months Ended | ||||||||||||
Dec. 29, 2013 | |||||||||||||
Note 17 - Segment Disclosures (Tables) [Line Items] | ' | ||||||||||||
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Earnings from Operations: | |||||||||||||
Americas Commercial gross profit | $ | 370.2 | $ | 388.2 | $ | 375.3 | |||||||
Americas PT gross profit | 163.5 | 159.7 | 147.8 | ||||||||||
Americas Region gross profit | 533.7 | 547.9 | 523.1 | ||||||||||
Americas Region SG&A expenses | (424.9 | ) | (405.8 | ) | (396.4 | ) | |||||||
Americas Region Earnings from Operations | 108.8 | 142.1 | 126.7 | ||||||||||
EMEA Commercial gross profit | 133.6 | 133.8 | 160.3 | ||||||||||
EMEA PT gross profit | 42.6 | 43 | 47.4 | ||||||||||
EMEA Region gross profit | 176.2 | 176.8 | 207.7 | ||||||||||
EMEA Region SG&A expenses | (164.7 | ) | (168.1 | ) | (189.7 | ) | |||||||
EMEA Region Earnings from Operations | 11.5 | 8.7 | 18 | ||||||||||
APAC Commercial gross profit | 49.3 | 50.1 | 55.7 | ||||||||||
APAC PT gross profit | 14 | 21 | 20.6 | ||||||||||
APAC Region gross profit | 63.3 | 71.1 | 76.3 | ||||||||||
APAC Region SG&A expenses | (60.5 | ) | (73.4 | ) | (77.0 | ) | |||||||
APAC Region Earnings (Loss) from Operations | 2.8 | (2.3 | ) | (0.7 | ) | ||||||||
OCG gross profit | 119.8 | 104 | 78.8 | ||||||||||
OCG SG&A expenses | (106.4 | ) | (95.4 | ) | (81.4 | ) | |||||||
OCG asset impairments | (1.7 | ) | - | - | |||||||||
OCG Earnings (Loss) from Operations | 11.7 | 8.6 | (2.6 | ) | |||||||||
Less: Intersegment gross profit | (3.5 | ) | (3.2 | ) | (2.6 | ) | |||||||
Less: Intersegment SG&A expenses | 3.5 | 3.2 | 2.6 | ||||||||||
Net Intersegment Activity | 0 | 0 | 0 | ||||||||||
Corporate | (81.5 | ) | (84.8 | ) | (83.7 | ) | |||||||
Consolidated Total | 53.3 | 72.3 | 57.7 | ||||||||||
Other Expense, Net | 4.5 | 3.5 | 0.1 | ||||||||||
Earnings From Continuing Operations Before Taxes | $ | 48.8 | $ | 68.8 | $ | 57.6 | |||||||
Schedule of Revenue from External Customers Attributable to Geographic Regions [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Revenue From Services: | |||||||||||||
Domestic | $ | 3,419.90 | $ | 3,464.20 | $ | 3,445.40 | |||||||
International | 1,993.20 | 1,986.30 | 2,105.60 | ||||||||||
Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 | |||||||
Schedule of Long-Lived Assets by Geographic Region [Table Text Block] | ' | ||||||||||||
2013 | 2012 | ||||||||||||
(In millions of dollars) | |||||||||||||
Long-Lived Assets: | |||||||||||||
Domestic | $ | 74.3 | $ | 72.1 | |||||||||
International | 17.7 | 17.8 | |||||||||||
Total | $ | 92 | $ | 89.9 | |||||||||
Services [Member] | ' | ||||||||||||
Note 17 - Segment Disclosures (Tables) [Line Items] | ' | ||||||||||||
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] | ' | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
(In millions of dollars) | |||||||||||||
Revenue from Services: | |||||||||||||
Americas Commercial | $ | 2,545.60 | $ | 2,642.40 | $ | 2,660.90 | |||||||
Americas PT | 1,001.40 | 1,029.70 | 982.8 | ||||||||||
Total Americas Commercial and PT | 3,547.00 | 3,672.10 | 3,643.70 | ||||||||||
EMEA Commercial | 877.5 | 854.6 | 990.1 | ||||||||||
EMEA PT | 179.7 | 168.3 | 178.9 | ||||||||||
Total EMEA Commercial and PT | 1,057.20 | 1,022.90 | 1,169.00 | ||||||||||
APAC Commercial | 344.1 | 343.2 | 397.6 | ||||||||||
APAC PT | 38.6 | 51.6 | 51.4 | ||||||||||
Total APAC Commercial and PT | 382.7 | 394.8 | 449 | ||||||||||
OCG | 475.9 | 396.1 | 317.3 | ||||||||||
Less: Intersegment revenue | (49.7 | ) | (35.4 | ) | (28.0 | ) | |||||||
Consolidated Total | $ | 5,413.10 | $ | 5,450.50 | $ | 5,551.00 |
Note_19_Selected_Quarterly_Fin1
Note 19 - Selected Quarterly Financial Data (unaudited) (Tables) | 12 Months Ended | ||||||||||||||||||||
Dec. 29, 2013 | |||||||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | ||||||||||||||||||||
Fiscal Year 2013 | |||||||||||||||||||||
First | Second | Third | Fourth | Year | |||||||||||||||||
Quarter | Quarter | Quarter | Quarter | ||||||||||||||||||
(In millions of dollars except per share data) | |||||||||||||||||||||
Revenue from services | $ | 1,314.80 | $ | 1,366.90 | $ | 1,345.60 | $ | 1,385.80 | $ | 5,413.10 | |||||||||||
Gross profit | 216.9 | 220.7 | 220.4 | 231.5 | 889.5 | ||||||||||||||||
SG&A expenses | 209.8 | 202.6 | 200.2 | 221.9 | 834.5 | ||||||||||||||||
Restructuring charges (credits) included in SG&A | - | 0.8 | 0.5 | 0.3 | 1.6 | ||||||||||||||||
Asset impairments | - | 1.7 | - | - | 1.7 | ||||||||||||||||
Earnings from continuing operations | 12.9 | 10 | 18.8 | 17.2 | 58.9 | ||||||||||||||||
Earnings from discontinued operations, net of tax | - | - | - | - | - | ||||||||||||||||
Net earnings | 12.9 | 10 | 18.8 | 17.2 | 58.9 | ||||||||||||||||
Basic earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Earnings from discontinued operations | - | - | - | - | - | ||||||||||||||||
Net earnings | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Diluted earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Earnings from discontinued operations | - | - | - | - | - | ||||||||||||||||
Net earnings | 0.34 | 0.26 | 0.49 | 0.45 | 1.54 | ||||||||||||||||
Dividends per share | 0.05 | 0.05 | 0.05 | 0.05 | 0.2 | ||||||||||||||||
Fiscal Year 2012 | |||||||||||||||||||||
First | Second | Third | Fourth | Year | |||||||||||||||||
Quarter | Quarter | Quarter | Quarter | ||||||||||||||||||
(In millions of dollars except per share data) | |||||||||||||||||||||
Revenue from services | $ | 1,354.80 | $ | 1,366.10 | $ | 1,354.20 | $ | 1,375.40 | $ | 5,450.50 | |||||||||||
Gross profit | 223.7 | 223.2 | 227.5 | 222.2 | 896.6 | ||||||||||||||||
SG&A expenses | 209.0 | 199.4 | 203.5 | 209.3 | 821.2 | ||||||||||||||||
Restructuring charges (credits) included in SG&A | - | (2.2) | - | 1.3 | (0.9) | ||||||||||||||||
Asset impairments | - | - | - | 3.1 | 3.1 | ||||||||||||||||
Earnings from continuing operations | 9.2 | 15.0 | 16.6 | 8.9 | 49.7 | ||||||||||||||||
Earnings from discontinued operations, net of tax | 0.4 | - | - | - | 0.4 | ||||||||||||||||
Net earnings | 9.6 | 15.0 | 16.6 | 8.9 | 50.1 | ||||||||||||||||
Basic earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.24 | 0.40 | 0.43 | 0.23 | 1.31 | ||||||||||||||||
Earnings from discontinued operations | 0.01 | - | - | - | 0.01 | ||||||||||||||||
Net earnings | 0.26 | 0.40 | 0.43 | 0.23 | 1.32 | ||||||||||||||||
Diluted earnings per share (1) | |||||||||||||||||||||
Earnings from continuing operations | 0.24 | 0.40 | 0.43 | 0.23 | 1.31 | ||||||||||||||||
Earnings from discontinued operations | 0.01 | - | - | - | 0.01 | ||||||||||||||||
Net earnings | 0.26 | 0.40 | 0.43 | 0.23 | 1.32 | ||||||||||||||||
Dividends per share | 0.05 | 0.05 | 0.05 | 0.05 | 0.20 |
Note_1_Summary_of_Significant_2
Note 1 - Summary of Significant Accounting Policies (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' |
Advertising Expense (in Dollars) | $8.90 | $8.50 | $7.50 |
Depreciation (in Dollars) | 18.4 | 19 | 28.9 |
Accounts Payable and Accrued Liabilities, Current (in Dollars) | 342.4 | 295.6 | ' |
Employee-related Liabilities, Current (in Dollars) | 294.9 | 264.5 | ' |
Bank Overdrafts [Member] | ' | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' |
Accounts Payable and Accrued Liabilities, Current (in Dollars) | 20.6 | 22.2 | ' |
Employee-related Liabilities, Current (in Dollars) | $4 | $5.30 | ' |
Minimum [Member] | ' | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' |
Finite-Lived Intangible Asset, Useful Life | '3 years | ' | ' |
Maximum [Member] | ' | ' | ' |
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items] | ' | ' | ' |
Finite-Lived Intangible Asset, Useful Life | '15 years | ' | ' |
Note_1_Summary_of_Significant_3
Note 1 - Summary of Significant Accounting Policies (Details) - Property and Equipment At Cost and Depreciable Useful Lives (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | $350.50 | $337.60 | ||
Land [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | 3.8 | 3.8 | ||
Work in process [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | 4.4 | 7.2 | ||
Building and Building Improvements [Member] | Useful Life [Member] | Minimum [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Estimated Useful Life | '15 years | ' | ||
Building and Building Improvements [Member] | Useful Life [Member] | Maximum [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Estimated Useful Life | '45 years | ' | ||
Building and Building Improvements [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | 58.9 | 56.5 | ||
Computer hardware and software [Member] | Useful Life [Member] | Minimum [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Estimated Useful Life | '3 years | ' | ||
Computer hardware and software [Member] | Useful Life [Member] | Maximum [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Estimated Useful Life | '12 years | ' | ||
Computer hardware and software [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | 215.7 | 202.3 | ||
Equipment, furniture and fixtures [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | 33.6 | 33 | ||
Estimated Useful Life | '5 years | ' | ||
Leasehold Improvements [Member] | ' | ' | ||
Property, Plant and Equipment [Line Items] | ' | ' | ||
Property and Equipment | $34.10 | [1] | $34.80 | [1] |
Estimated Useful Lives | 'The lesser of the life of the lease or 5 years. | ' | ||
[1] | The lesser of the life of the lease or 5 years. |
Note_2_Fair_Value_Measurements2
Note 2 - Fair Value Measurements (Details) (USD $) | 12 Months Ended | 6 Months Ended | 12 Months Ended | |||||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | Jun. 30, 2013 | Dec. 29, 2013 | Dec. 29, 2013 | Dec. 30, 2012 | Dec. 30, 2012 |
OCG [Member] | OCG [Member] | Temp Holdings Investment [Member] | Temp Holdings Investment [Member] | U.S., Canada and Puerto Rico [Member] | ||||
Note 2 - Fair Value Measurements (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax | $31.20 | $13.10 | ($2.10) | ' | ' | $30.10 | $13.10 | ' |
Available-for-sale Equity Securities, Amortized Cost Basis | 19.7 | 24.1 | ' | ' | ' | ' | ' | ' |
Sensitivity Analysis Percentage | 10.00% | ' | ' | ' | ' | ' | ' | ' |
Asset Impairment Charges | $1.70 | $3.10 | ' | $1.70 | $1.70 | ' | ' | $3.10 |
Note_2_Fair_Value_Measurements3
Note 2 - Fair Value Measurements (Details) - Fair Value Measurements on a Recurring Basis (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Note 2 - Fair Value Measurements (Details) - Fair Value Measurements on a Recurring Basis [Line Items] | ' | ' |
Money market funds | $2.90 | $2.30 |
Available-for-sale investment | 80.7 | 37.7 |
Total assets at fair value | 83.6 | 40 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 2 - Fair Value Measurements (Details) - Fair Value Measurements on a Recurring Basis [Line Items] | ' | ' |
Money market funds | 2.9 | 2.3 |
Available-for-sale investment | 80.7 | 37.7 |
Total assets at fair value | $83.60 | $40 |
Note_3_Acquisition_Details
Note 3 - Acquisition (Details) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Jan. 01, 2012 | Dec. 29, 2013 |
Americas Commercial [Member] | ||
Acquisition Adjustment Related To Change In Estimated Tax Liability [Member] | ||
Note 3 - Acquisition (Details) [Line Items] | ' | ' |
Finite-Lived Customer Lists, Gross | $5 | ' |
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life | '7 years | ' |
Goodwill, Purchase Accounting Adjustments | ' | $0.80 |
Note_4_Investment_in_Equity_Af1
Note 4 - Investment in Equity Affiliate (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 30, 2012 | Dec. 29, 2013 | Dec. 30, 2012 | Nov. 01, 2012 |
TS Kelly [Member] | TS Kelly [Member] | |||
Note 4 - Investment in Equity Affiliate (Details) [Line Items] | ' | ' | ' | ' |
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners | 30.00% | ' | ' | ' |
Paid In Capital Charge For Difference Between Carrying Value of Noncontrolling Interest And Fair Value of Consideration | $1.20 | ' | ' | ' |
Equity Method Investment, Ownership Percentage | ' | ' | ' | 49.00% |
Equity Method Investments | 5.1 | 3.8 | 5.1 | ' |
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount | -0.7 | ' | ' | ' |
Goodwill, Written off Related to Sale of Business Unit | $0.60 | ' | ' | ' |
Note_5_Goodwill_Details_Change
Note 5 - Goodwill (Details) - Changes in the Net Carrying Amount of Goodwill (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | $0.80 | ($0.70) |
Goodwill, Net | 90.3 | 89.5 |
Americas Commercial [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 39.2 | 39.3 |
Accumulated Losses | -16.4 | -16.4 |
Americas Commercial [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 40 | 39.2 |
Accumulated Losses | -16.4 | -16.4 |
Goodwill, Net | 23.6 | 22.8 |
Americas Commercial [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0.8 | -0.1 |
Americas PT [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 39.2 | 39.2 |
Accumulated Losses | 0 | 0 |
Americas PT [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 39.2 | 39.2 |
Accumulated Losses | 0 | 0 |
Goodwill, Net | 39.2 | 39.2 |
Americas PT [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | 0 |
Americas [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 78.4 | 78.5 |
Accumulated Losses | -16.4 | -16.4 |
Americas [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 79.2 | 78.4 |
Accumulated Losses | -16.4 | -16.4 |
Goodwill, Net | 62.8 | 62 |
Americas [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0.8 | -0.1 |
EMEA Commercial [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 50.4 | 50.4 |
Accumulated Losses | -50.4 | -50.4 |
EMEA Commercial [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 50.4 | 50.4 |
Accumulated Losses | -50.4 | -50.4 |
Goodwill, Net | 0 | 0 |
EMEA Commercial [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | 0 |
EMEA PT [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 22 | 22 |
Accumulated Losses | -22 | -22 |
EMEA PT [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 22 | 22 |
Accumulated Losses | -22 | -22 |
Goodwill, Net | 0 | 0 |
EMEA PT [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | 0 |
EMEA [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 72.4 | 72.4 |
Accumulated Losses | -72.4 | -72.4 |
EMEA [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 72.4 | 72.4 |
Accumulated Losses | -72.4 | -72.4 |
Goodwill, Net | 0 | 0 |
EMEA [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | 0 |
APAC Commercial [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 12.1 | 12.1 |
Accumulated Losses | -12.1 | -12.1 |
APAC Commercial [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 12.1 | 12.1 |
Accumulated Losses | -12.1 | -12.1 |
Goodwill, Net | 0 | 0 |
APAC Commercial [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | 0 |
APAC PT [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 1.4 | 1.8 |
Accumulated Losses | 0 | 0 |
APAC PT [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 1.4 | 1.4 |
Accumulated Losses | 0 | 0 |
Goodwill, Net | 1.4 | 1.4 |
APAC PT [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | ' | -0.4 |
APAC [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 13.5 | 13.9 |
Accumulated Losses | -12.1 | -12.1 |
APAC [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 13.5 | 13.5 |
Accumulated Losses | -12.1 | -12.1 |
Goodwill, Net | 1.4 | 1.4 |
APAC [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | 0 | -0.4 |
OCG [Member] | Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 26.1 | 26.3 |
Accumulated Losses | 0 | 0 |
OCG [Member] | Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 26.1 | 26.1 |
Accumulated Losses | 0 | 0 |
Goodwill, Net | 26.1 | 26.1 |
OCG [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Adjustments to Goodwill | ' | -0.2 |
Prior Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 190.4 | 191.1 |
Accumulated Losses | -100.9 | -100.9 |
Fiscal Year [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Goodwill, Gross | 191.2 | 190.4 |
Accumulated Losses | -100.9 | -100.9 |
Goodwill, Net | $90.30 | $89.50 |
Note_6_Other_Assets_Details
Note 6 - Other Assets (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Disclosure Text Block Supplement [Abstract] | ' | ' | ' |
Amortization of Intangible Assets | $2 | $3.30 | $2.50 |
Note_6_Other_Assets_Details_Ot
Note 6 - Other Assets (Details) - Other Assets (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Other Assets [Abstract] | ' | ' |
Deferred compensation plan (see Retirement Benefits footnote) | $134 | $106.30 |
Available-for-sale investment (see Fair Value Measurements footnote) | 80.7 | 37.7 |
Workers' compensation receivable | 13.4 | 15 |
Wage credit receivable | 6.1 | ' |
Intangibles, net of accumulated amortization of $17.7 million in 2013 and $21.8 million in 2012 | 4.3 | 8.1 |
Investment in equity affiliate (see Investment in Equity Affiliate footnote) | 3.8 | 5.1 |
Other | 15.8 | 8.7 |
Other assets | $258.10 | $180.90 |
Note_6_Other_Assets_Details_Ot1
Note 6 - Other Assets (Details) - Other Assets (Parentheticals) (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Other Assets [Abstract] | ' | ' |
Intangibles, accumulated amortization | $17.70 | $21.80 |
Note_7_Debt_Details
Note 7 - Debt (Details) (USD $) | 12 Months Ended | |
Dec. 29, 2013 | Dec. 30, 2012 | |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Delayed Funding Option Term, Maximum | '35 days | ' |
Facility Fee [Member] | Securitization Facility [Member] | ' | ' |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Line of Credit Facility, Commitment Fee Percentage (in Basis Points) | 0.40% | ' |
Revolving Line of Credit [Member] | ' | ' |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity | $200,000,000 | $150,000,000 |
Line of Credit Facility, Amount Outstanding | 0 | 0 |
Line of Credit Facility, Remaining Borrowing Capacity | 200,000,000 | 150,000,000 |
Line of Credit Facility, Commitment Fee Percentage (in Basis Points) | 0.25% | ' |
Securitization Facility [Member] | Standby Letter of Credit Related to Workers' Compensation [Member] | ' | ' |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Letters of Credit Outstanding, Amount | 55,000,000 | 55,000,000 |
Securitization Facility [Member] | ' | ' |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity | 150,000,000 | ' |
Line of Credit Facility, Amount Outstanding | 28,000,000 | 63,000,000 |
Line of Credit Facility, Remaining Borrowing Capacity | 67,000,000 | 32,000,000 |
Line of Credit Facility, Interest Rate at Period End | 0.97% | 1.40% |
Unsecured, uncommitted short-term local credit facilities [Member] | ' | ' |
Note 7 - Debt (Details) [Line Items] | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity | 15,300,000 | ' |
Line of Credit Facility, Amount Outstanding | $300,000 | $1,100,000 |
Line of Credit Facility, Interest Rate at Period End | 10.75% | 9.56% |
Note_8_Retirement_Benefits_Det
Note 8 - Retirement Benefits (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Compensation and Retirement Disclosure [Abstract] | ' | ' | ' |
Deferred Compensation Liability, Current and Noncurrent | $135.60 | $110.60 | ' |
Earnings on Unqualified Deferred Compensation Plan Liability | 15.7 | 10.2 | -0.9 |
Deferred Compensation Plan Assets | 134 | 106.3 | ' |
Earnings (Losses) on Value of Deferred Compensation Assets | 17.4 | 10.3 | -1.8 |
Defined Contribution Plan, Cost Recognized | 6.2 | 9.7 | 9.9 |
Defined Benefit Plan, Benefit Obligation | 13.7 | 14.2 | ' |
Defined Benefit Plan, Fair Value of Plan Assets | 9.2 | 8.2 | ' |
Defined Benefit Plan, Funded Status of Plan | 4.5 | 6 | ' |
Defined Benefit Plan, Net Periodic Benefit Cost | $0.70 | $1.10 | $0.90 |
Note_9_Stockholders_Equity_Det
Note 9 - Stockholders' Equity (Details) (USD $) | 12 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Note 9 - Stockholders' Equity (Details) [Line Items] | ' | ' | ' |
Dividends, Common Stock, Cash | $7.60 | $7.60 | $3.80 |
Common Class A [Member] | ' | ' | ' |
Note 9 - Stockholders' Equity (Details) [Line Items] | ' | ' | ' |
Common Stock, Shares Authorized (in Shares) | 100,000,000 | ' | ' |
Common Class B [Member] | ' | ' | ' |
Note 9 - Stockholders' Equity (Details) [Line Items] | ' | ' | ' |
Common Stock, Shares Authorized (in Shares) | 10,000,000 | ' | ' |
Temp Holdings Investment [Member] | ' | ' | ' |
Note 9 - Stockholders' Equity (Details) [Line Items] | ' | ' | ' |
Income Tax Effects Allocated Directly to Equity, Other | $1.10 | ' | ' |
Note_9_Stockholders_Equity_Det1
Note 9 - Stockholders' Equity (Details) - Components of Accumulated Other Comprehensive Income (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | |
Components of Accumulated Other Comprehensive Income [Abstract] | ' | ' | ' | |
Balance at year-end 2012 | $24.90 | ' | ' | |
Balance at year-end 2012 | 13.6 | ' | ' | |
Balance at year-end 2012 | -3.1 | ' | ' | |
Balance at year-end 2012 | 35.4 | ' | ' | |
Net current-period other comprehensive income | -6.8 | 5.6 | -9.6 | |
Net current-period other comprehensive income | 31.2 | 13.1 | -2.1 | |
Net current-period other comprehensive income | 1.6 | 0.5 | -1.1 | |
Net current-period other comprehensive income | 26 | 19.2 | -12.8 | |
Balance at year-end 2013 | 18.1 | 24.9 | ' | |
Balance at year-end 2013 | 44.8 | 13.6 | ' | |
Balance at year-end 2013 | -1.5 | -3.1 | ' | |
Balance at year-end 2013 | 61.4 | 35.4 | ' | |
Other comprehensive income (loss) before reclassifications | -6.7 | 4.9 | -8 | |
Other comprehensive income (loss) before reclassifications | 31.2 | [1] | ' | ' |
Other comprehensive income (loss) before reclassifications | 1.4 | 0.3 | -1.2 | |
Other comprehensive income (loss) before reclassifications | 25.9 | ' | ' | |
Amounts reclassified from accumulated other comprehensive income | -0.1 | [2] | 0.7 | -1.6 |
Amounts reclassified from accumulated other comprehensive income | 0.2 | [3] | ' | ' |
Amounts reclassified from accumulated other comprehensive income | $0.10 | ' | ' | |
[1] | Includes utilization of a $1.1 million income tax valuation allowance relating to the Temp Holdings investment. | |||
[2] | Amount was recorded in the other expense, net line item in the consolidated statement of earnings. | |||
[3] | Amount was recorded in the SG&A expenses line item in the consolidated statement of earnings. |
Note_10_Earnings_Per_Share_Det
Note 10 - Earnings Per Share (Details) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Earnings Per Share [Abstract] | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0.3 | 0.4 | 0.6 |
Note_10_Earnings_Per_Share_Det1
Note 10 - Earnings Per Share (Details) - Common Stock Reconciliation of Basic and Diluted Earnings Per Share (USD $) | 12 Months Ended | ||||
In Millions, except Per Share data, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | ||
Common Stock Reconciliation of Basic and Diluted Earnings Per Share [Abstract] | ' | ' | ' | ||
Earnings from continuing operations | $58.90 | $49.70 | $64.90 | ||
Less: Earnings allocated to participating securities | -1.5 | -1.3 | -1.5 | ||
Earnings from continuing operations available to common shareholders | 57.4 | 48.4 | 63.4 | ||
Earnings (loss) from discontinued operations | ' | 0.4 | -1.2 | ||
Earnings (loss) from discontinued operations available to common shareholders | ' | 0.4 | -1.2 | ||
Net earnings | 58.9 | 50.1 | 63.7 | ||
Less: Earnings allocated to participating securities | -1.5 | -1.3 | -1.5 | ||
Net earnings available to common shareholders | $57.40 | $48.80 | $62.20 | ||
Basic earnings (loss) per share on common stock: | ' | ' | ' | ||
Earnings from continuing operations (in Dollars per share) | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earning (loss) from discontinued operations (in Dollars per share) | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings (in Dollars per share) | $1.54 | [1] | $1.32 | [1] | $1.69 |
Diluted earnings (loss) per share on common stock: | ' | ' | ' | ||
Earnings from continuing operations (in Dollars per share) | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earnings (loss) from discontinued operations (in Dollars per share) | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings (in Dollars per share) | $1.54 | [1] | $1.32 | [1] | $1.69 |
Average common shares outstanding (millions) | ' | ' | ' | ||
Basic (in Shares) | 37.3 | 37 | 36.8 | ||
Diluted (in Shares) | 37.3 | 37 | 36.8 | ||
[1] | Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year. |
Note_11_StockBased_Compensatio2
Note 11 - Stock-Based Compensation (Details) (USD $) | 12 Months Ended | ||
Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Outstanding Stock Maximum | 10.00% | ' | ' |
Plan Activity Adjustment Period | '5 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares) | 1,552,354 | ' | ' |
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense | $2,300,000 | $2,300,000 | $2,200,000 |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '3 years | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options | 16,200,000 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '2 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $19.74 | $12.98 | $16.84 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | 6,500,000 | 4,100,000 | 3,700,000 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | 0 | 0 | 0 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares) | 162,613 | 392,599 | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options | 0 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in Shares) | 0 | 0 | 0 |
Restricted Stock [Member] | Minimum [Member] | ' | ' | ' |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '4 years | ' | ' |
Windfall [Member] | ' | ' | ' |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Proceeds and Excess Tax Benefit from Share-based Compensation | -500,000 | ' | ' |
Non-Employee Director [Member] | ' | ' | ' |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares) | 33,000 | ' | ' |
stock-based compensation cost [Member] | ' | ' | ' |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Allocated Share-based Compensation Expense | $6,000,000 | $6,000,000 | $5,700,000 |
Maximum [Member] | ' | ' | ' |
Note 11 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' |
Term to Exercise Stock Option Before Expiration | '10 years | ' | ' |
Note_11_StockBased_Compensatio3
Note 11 - Stock-Based Compensation (Details) - Summary of Status of Nonvested Restricted Stock Awards and Units (USD $) | 12 Months Ended | ||
Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | |
Summary of Status of Nonvested Restricted Stock Awards and Units [Abstract] | ' | ' | ' |
Nonvested Restricted Stock | 1,062,525 | ' | ' |
Nonvested Weighted Average Grant Date Fair Value (in Dollars per share) | $15.19 | ' | ' |
Granted | 497,700 | ' | ' |
Granted (in Dollars per share) | $19.74 | $12.98 | $16.84 |
Vested | -345,925 | ' | ' |
Vested (in Dollars per share) | $15.58 | ' | ' |
Forfeited | -85,700 | ' | ' |
Forfeited (in Dollars per share) | $15.35 | ' | ' |
Nonvested Restricted Stock | 1,128,600 | 1,062,525 | ' |
Nonvested Weighted Average Grant Date Fair Value (in Dollars per share) | $17.06 | $15.19 | ' |
Note_11_StockBased_Compensatio4
Note 11 - Stock-Based Compensation (Details) - Summary of Status of Stock Option Grants (USD $) | 12 Months Ended |
Dec. 29, 2013 | |
Summary of Status of Stock Option Grants [Abstract] | ' |
Outstanding at year-end 2012 | 392,599 |
Outstanding at year-end 2012 (in Dollars per share) | $26.16 |
Expired | -229,986 |
Expired (in Dollars per share) | $24.97 |
Outstanding at year-end 2013 | 162,613 |
Outstanding at year-end 2013 (in Dollars per share) | $27.84 |
Outstanding at year-end 2013 | '248 days |
Options exercisable at year-end 2013 | 162,613 |
Options exercisable at year-end 2013 (in Dollars per share) | $27.84 |
Options exercisable at year-end 2013 | '248 days |
Note_12_Other_Expense_Net_Deta
Note 12 - Other Expense, Net (Details) - Other Expense (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Other Expense [Abstract] | ' | ' | ' |
Interest income | $0.40 | $1 | $1 |
Interest expense | -2.8 | -3.4 | -3.4 |
Dividend income | 0.6 | 0.6 | 0.5 |
Foreign exchange (losses) gains | -1.5 | -1 | 1.5 |
Net loss on equity investment (see Investment in Equity Affiliate footnote) | -1.3 | -0.7 | ' |
Other | 0.1 | ' | 0.3 |
Other expense, net | ($4.50) | ($3.50) | ($0.10) |
Note_13_Income_Taxes_Details
Note 13 - Income Taxes (Details) (USD $) | 12 Months Ended | 12 Months Ended | 3 Months Ended | ||||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | Jan. 02, 2011 | Jan. 01, 2012 | Mar. 31, 2013 | Dec. 29, 2013 |
HIRE Act rentention credits [Member] | Work Opportunity Credits [Member] | General Business Tax Credit Carryforward [Member] | |||||
General Business Tax Credit Carryforward [Member] | General Business Tax Credit Carryforward [Member] | ||||||
Note 13 - Income Taxes (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | ' | ' | ' | ' | ' | ' |
Effective Income Tax Rate Reconciliation, Tax Credit, Amount | $26.20 | $7.90 | $28.50 | ' | $11.30 | ' | ' |
Tax Benefit Recognized With Enacted Law | ' | ' | ' | ' | ' | 9.3 | ' |
Tax Adjustments, Settlements, and Unusual Provisions | ' | 5.1 | ' | ' | ' | ' | ' |
Tax Credit Carryforward, Amount | ' | ' | ' | ' | ' | ' | 82 |
Deferred Tax Assets, Operating Loss Carryforwards | 49.4 | 50.2 | ' | ' | ' | ' | ' |
Undistributed Earnings of Foreign Subsidiaries | 76.8 | ' | ' | ' | ' | ' | ' |
Unrecognized Tax Benefits | 2.8 | 2.9 | 7.8 | 8.5 | ' | ' | ' |
Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 1.8 | 1.9 | 6.7 | ' | ' | ' | ' |
Unrecognized Tax Benefits, Interest on Income Taxes Expense | 0.1 | -0.3 | 0.1 | ' | ' | ' | ' |
Unrecognized Tax Benefits, Interest on Income Taxes Accrued | 0.3 | 0.2 | ' | ' | ' | ' | ' |
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit | $0.50 | ' | ' | ' | ' | ' | ' |
Note_13_Income_Taxes_Details_E
Note 13 - Income Taxes (Details) - Earnings (Loss) From Continuing Operations Before Taxes Per Jurisdiction (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Earnings (Loss) From Continuing Operations Before Taxes Per Jurisdiction [Abstract] | ' | ' | ' |
Domestic | $35.10 | $56.30 | $36.70 |
Foreign | 13.7 | 12.5 | 20.9 |
Total | $48.80 | $68.80 | $57.60 |
Note_13_Income_Taxes_Details_P
Note 13 - Income Taxes (Details) - Provision for Income Taxes From Continuing Operations (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Current tax expense: | ' | ' | ' |
U.S. federal | $7.30 | $1.40 | $5.20 |
U.S. state and local | 3.5 | 3 | 1.8 |
Foreign | 10.4 | 10 | 13 |
Total current | 21.2 | 14.4 | 20 |
Deferred tax expense: | ' | ' | ' |
U.S. federal | -26.9 | 4.7 | -33.3 |
U.S. state and local | -1.6 | 0.9 | 1.1 |
Foreign | -2.8 | -0.9 | 4.9 |
Total deferred | -31.3 | 4.7 | -27.3 |
Total provision | ($10.10) | $19.10 | ($7.30) |
Note_13_Income_Taxes_Details_D
Note 13 - Income Taxes (Details) - Deferred Taxes (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Deferred Taxes [Abstract] | ' | ' |
Depreciation and amortization | ($10.40) | ($8.90) |
Employee compensation and benefit plans | 68.1 | 57.5 |
Workers' compensation | 22.8 | 23.7 |
Unrealized (gain) loss on securities | -17.2 | 2.3 |
Loss carryforwards | 49.4 | 50.2 |
Credit carryforwards | 82 | 60.5 |
Other, net | 0.2 | -3.6 |
Valuation allowance | -56.3 | -58.4 |
Net deferred tax assets | $138.60 | $123.30 |
Note_13_Income_Taxes_Details_D1
Note 13 - Income Taxes (Details) - Deferred Tax Balance Classified in Consolidated Balance Sheet (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Deferred Tax Balance Classified in Consolidated Balance Sheet [Abstract] | ' | ' |
Current assets, deferred tax | $35.50 | $44.90 |
Noncurrent deferred tax asset | 121.7 | 82.8 |
Current liabilities, income and other taxes | -0.4 | -3.3 |
Noncurrent liabilities, other long-term liabilities | -18.2 | -1.1 |
$138.60 | $123.30 |
Note_13_Income_Taxes_Details_D2
Note 13 - Income Taxes (Details) - Differences Between Income Taxes From Continuing Operations and U.S. Statutory Rate (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Note 13 - Income Taxes (Details) - Differences Between Income Taxes From Continuing Operations and U.S. Statutory Rate [Line Items] | ' | ' | ' |
Income tax based on statutory rate | $17.10 | $24.10 | $20.20 |
State income taxes, net of federal benefit | 1.2 | 2.6 | 1.9 |
General business credits | -26.2 | -7.9 | -28.5 |
Life insurance cash surrender value | -5.8 | -3.4 | 0.9 |
Foreign items | 0.3 | 1.6 | -0.5 |
Foreign business taxes | 3.9 | 4.5 | 4.7 |
Worthless stock | ' | ' | -7.7 |
Non-deductible compensation | 1.2 | 1.2 | 1.5 |
Change in deferred tax realizability | 2.8 | -0.7 | -0.6 |
Uncertain tax positions | ' | -4.8 | -0.7 |
Other, net | ' | 1.9 | 1.5 |
Total | -10.1 | 19.1 | -7.3 |
Mexico [Member] | ' | ' | ' |
Note 13 - Income Taxes (Details) - Differences Between Income Taxes From Continuing Operations and U.S. Statutory Rate [Line Items] | ' | ' | ' |
Mexico tax law change | ($4.60) | ' | ' |
Note_13_Income_Taxes_Details_N
Note 13 - Income Taxes (Details) - Net Tax Effect of State and Foreign Loss Carryforwards (USD $) | Dec. 29, 2013 |
In Millions, unless otherwise specified | |
Operating Loss Carryforwards [Line Items] | ' |
Amount | $49.40 |
No expiration | 42.4 |
2014 - 2015 [Member] | ' |
Operating Loss Carryforwards [Line Items] | ' |
Amount | 0.6 |
2016 - 2018 [Member] | ' |
Operating Loss Carryforwards [Line Items] | ' |
Amount | 3.3 |
2019 - 2022 [Member] | ' |
Operating Loss Carryforwards [Line Items] | ' |
Amount | 2.5 |
2023 - 2033 [Member] | ' |
Operating Loss Carryforwards [Line Items] | ' |
Amount | $0.60 |
Note_13_Income_Taxes_Details_R
Note 13 - Income Taxes (Details) - Reconciliation of Unrecognized Tax Benefits (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Reconciliation of Unrecognized Tax Benefits [Abstract] | ' | ' | ' |
Balance | $2.90 | $7.80 | $8.50 |
Additions for prior years' tax positions | ' | 0.4 | 0.2 |
Reductions for prior years' tax positions | -0.1 | -5.3 | -0.8 |
Additions for settlements | ' | ' | 0.2 |
Reductions for settlements | ' | ' | -0.2 |
Reductions for expiration of statutes | ' | ' | -0.1 |
Balance | $2.80 | $2.90 | $7.80 |
Note_14_Supplemental_Cash_Flow2
Note 14 - Supplemental Cash Flow Information (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Note 14 - Supplemental Cash Flow Information (Details) [Line Items] | ' | ' | ' |
Interest Paid | $2 | $2.60 | $2.90 |
Income Taxes Paid, Net | 16.9 | 18.8 | 21.5 |
Cash and Cash Equivalents Understatement [Member] | ' | ' | ' |
Note 14 - Supplemental Cash Flow Information (Details) [Line Items] | ' | ' | ' |
Quantifying Misstatement in Current Year Financial Statements, Amount | -4.8 | ' | ' |
Accrued Payroll and Related Taxes Understatement [Member] | ' | ' | ' |
Note 14 - Supplemental Cash Flow Information (Details) [Line Items] | ' | ' | ' |
Quantifying Misstatement in Current Year Financial Statements, Amount | 4.8 | ' | ' |
Changes in Operating Assets and Liabilities Overstatement [Member] | ' | ' | ' |
Note 14 - Supplemental Cash Flow Information (Details) [Line Items] | ' | ' | ' |
Quantifying Misstatement in Current Year Financial Statements, Amount | 4.8 | ' | ' |
Net Cash From Operating Activities Overstatement [Member] | ' | ' | ' |
Note 14 - Supplemental Cash Flow Information (Details) [Line Items] | ' | ' | ' |
Quantifying Misstatement in Current Year Financial Statements, Amount | $4.80 | ' | ' |
Note_14_Supplemental_Cash_Flow3
Note 14 - Supplemental Cash Flow Information (Details) - Changes In Operating Assets And Liabilities, Net of Acquisitions (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Changes In Operating Assets And Liabilities, Net of Acquisitions [Abstract] | ' | ' | ' |
Increase in trade accounts receivable | ($14.60) | ($57.90) | ($148.50) |
Increase in prepaid expenses and other assets | -11.8 | -12.5 | -4.7 |
Increase in accounts payable and accrued liabilities | 43.8 | 54.1 | 58.9 |
Increase in accrued payroll and related taxes | 39.2 | 2.4 | 34.3 |
(Decrease) increase in accrued insurance | -2.9 | -8.7 | 0.2 |
Increase (decrease) in income and other taxes | 5.5 | -3.7 | 4.8 |
Total changes in operating assets and liabilities | $59.20 | ($26.30) | ($55) |
Note_15_Commitments_Details
Note 15 - Commitments (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Disclosure Text Block Supplement [Abstract] | ' | ' | ' |
Operating Leases, Rent Expense, Net | $45.60 | $48.30 | $50.50 |
Unrecorded Unconditional Purchase Obligation | $30.80 | ' | ' |
Obligation Expected Utilization Period | '2 years | ' | ' |
Note_15_Commitments_Details_Fu
Note 15 - Commitments (Details) - Future Minimum Commitments Under Operating Leases (USD $) | Dec. 29, 2013 |
In Millions, unless otherwise specified | |
Future Minimum Commitments Under Operating Leases [Abstract] | ' |
2014 | $39 |
2015 | 28.7 |
2016 | 19 |
2017 | 11 |
2018 | 6.3 |
Later years | 2.4 |
Total | $106.40 |
Note_16_Contingencies_Details
Note 16 - Contingencies (Details) (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended | ||||||
In Millions, unless otherwise specified | Mar. 31, 2013 | Apr. 01, 2012 | Jan. 01, 2012 | Dec. 29, 2013 | Dec. 30, 2012 | Dec. 29, 2013 | Dec. 29, 2013 | Dec. 29, 2013 | Dec. 30, 2012 |
Judgement Against Jefferson Parish School Board and Kelly Services [Member] | Kelly Services Share [Member] | Uncertain Litigation Cases [Member] | Uncertain Litigation Cases [Member] | ||||||
Note 16 - Contingencies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency Accrual, Payments | $4.50 | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency Accrual, Provision | 3 | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Damages Awarded, Value | ' | ' | ' | ' | ' | 4.4 | 2.7 | ' | ' |
Loss Contingency, Loss in Period | ' | -0.4 | 1.2 | ' | ' | ' | ' | ' | ' |
Loss Contingency Accrual | ' | ' | ' | 6.9 | 3.1 | ' | ' | ' | ' |
Estimated Insurance Recoveries | ' | ' | ' | $13.40 | $15 | ' | ' | $3.10 | $0.20 |
Note_17_Segment_Disclosures_De
Note 17 - Segment Disclosures (Details) | 12 Months Ended |
Dec. 29, 2013 | |
Segment Reporting [Abstract] | ' |
Number of Reportable Segments | 7 |
Note_17_Segment_Disclosures_De1
Note 17 - Segment Disclosures (Details) - Segment Revenue Per Service (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | $5,413.10 | $5,450.50 | $5,551 |
Americas Commercial [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 2,545.60 | 2,642.40 | 2,660.90 |
Americas PT [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 1,001.40 | 1,029.70 | 982.8 |
Americas [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 3,547 | 3,672.10 | 3,643.70 |
EMEA Commercial [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 877.5 | 854.6 | 990.1 |
EMEA PT [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 179.7 | 168.3 | 178.9 |
EMEA [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 1,057.20 | 1,022.90 | 1,169 |
APAC Commercial [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 344.1 | 343.2 | 397.6 |
APAC PT [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 38.6 | 51.6 | 51.4 |
APAC [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 382.7 | 394.8 | 449 |
OCG [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | 475.9 | 396.1 | 317.3 |
Intersegment Eliminations [Member] | ' | ' | ' |
Segment Reporting, Revenue Reconciling Item [Line Items] | ' | ' | ' |
Segment Revenue from Services | ($49.70) | ($35.40) | ($28) |
Note_17_Segment_Disclosures_De2
Note 17 - Segment Disclosures (Details) - Segment Earnings from Operations (USD $) | 6 Months Ended | 12 Months Ended | ||
In Millions, unless otherwise specified | Jun. 30, 2013 | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | $889.50 | $896.60 | $883.30 |
SG&A Expenses | ' | -834.5 | -821.2 | -825.6 |
OCG asset impairments | ' | -1.7 | -3.1 | ' |
Earnings from Operations | ' | 53.3 | 72.3 | 57.7 |
Other Expense, Net | ' | 4.5 | 3.5 | 0.1 |
Earnings From Continuing Operations Before Taxes | ' | 48.8 | 68.8 | 57.6 |
Americas Commercial [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 370.2 | 388.2 | 375.3 |
Americas PT [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 163.5 | 159.7 | 147.8 |
Americas [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 533.7 | 547.9 | 523.1 |
SG&A Expenses | ' | -424.9 | -405.8 | -396.4 |
Earnings from Operations | ' | 108.8 | 142.1 | 126.7 |
EMEA Commercial [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 133.6 | 133.8 | 160.3 |
EMEA PT [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 42.6 | 43 | 47.4 |
EMEA [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 176.2 | 176.8 | 207.7 |
SG&A Expenses | ' | -164.7 | -168.1 | -189.7 |
Earnings from Operations | ' | 11.5 | 8.7 | 18 |
APAC Commercial [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 49.3 | 50.1 | 55.7 |
APAC PT [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 14 | 21 | 20.6 |
APAC [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 63.3 | 71.1 | 76.3 |
SG&A Expenses | ' | -60.5 | -73.4 | -77 |
Earnings from Operations | ' | 2.8 | -2.3 | -0.7 |
OCG [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | 119.8 | 104 | 78.8 |
SG&A Expenses | ' | -106.4 | -95.4 | -81.4 |
OCG asset impairments | -1.7 | -1.7 | ' | ' |
Earnings from Operations | ' | 11.7 | 8.6 | -2.6 |
Intersegment Eliminations [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Gross Profit | ' | -3.5 | -3.2 | -2.6 |
SG&A Expenses | ' | 3.5 | 3.2 | 2.6 |
Earnings from Operations | ' | 0 | 0 | 0 |
Corporate, Non-Segment [Member] | ' | ' | ' | ' |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ' | ' | ' | ' |
Earnings from Operations | ' | ($81.50) | ($84.80) | ($83.70) |
Note_17_Segment_Disclosures_De3
Note 17 - Segment Disclosures (Details) - Summary of Revenue From Services by Geographic Area (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 |
Note 17 - Segment Disclosures (Details) - Summary of Revenue From Services by Geographic Area [Line Items] | ' | ' | ' |
Revenue From Services | $5,413.10 | $5,450.50 | $5,551 |
Domestic [Member] | ' | ' | ' |
Note 17 - Segment Disclosures (Details) - Summary of Revenue From Services by Geographic Area [Line Items] | ' | ' | ' |
Revenue From Services | 3,419.90 | 3,464.20 | 3,445.40 |
International [Member] | ' | ' | ' |
Note 17 - Segment Disclosures (Details) - Summary of Revenue From Services by Geographic Area [Line Items] | ' | ' | ' |
Revenue From Services | $1,993.20 | $1,986.30 | $2,105.60 |
Note_17_Segment_Disclosures_De4
Note 17 - Segment Disclosures (Details) - Summary of Long-Lived Assets By Geographic Area (USD $) | Dec. 29, 2013 | Dec. 30, 2012 |
In Millions, unless otherwise specified | ||
Note 17 - Segment Disclosures (Details) - Summary of Long-Lived Assets By Geographic Area [Line Items] | ' | ' |
Long-Lived Assets | $92 | $89.90 |
Domestic [Member] | ' | ' |
Note 17 - Segment Disclosures (Details) - Summary of Long-Lived Assets By Geographic Area [Line Items] | ' | ' |
Long-Lived Assets | 74.3 | 72.1 |
International [Member] | ' | ' |
Note 17 - Segment Disclosures (Details) - Summary of Long-Lived Assets By Geographic Area [Line Items] | ' | ' |
Long-Lived Assets | $17.70 | $17.80 |
Note_19_Selected_Quarterly_Fin2
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) (USD $) | 12 Months Ended | ||||
In Millions, except Per Share data, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | ||
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) [Line Items] | ' | ' | ' | ||
Revenue from services (in Dollars) | $5,413.10 | $5,450.50 | ' | ||
Gross profit (in Dollars) | 889.5 | 896.6 | 883.3 | ||
SG&A expenses (in Dollars) | 834.5 | 821.2 | 825.6 | ||
Restructuring charges (credits) included in SG&A (in Dollars) | 1.6 | -0.9 | ' | ||
Asset impairments (in Dollars) | 1.7 | 3.1 | ' | ||
Earnings from continuing operations (in Dollars) | 58.9 | 49.7 | 64.9 | ||
Earnings (loss) from discontinued operations (in Dollars) | ' | 0.4 | -1.2 | ||
Net earnings (in Dollars) | 58.9 | 50.1 | 63.7 | ||
Earnings from continuing operations | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earnings (loss) from discontinued operations, net of tax | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings | $1.54 | [1] | $1.32 | [1] | $1.69 |
Earnings from continuing operations | $1.54 | [1] | $1.31 | [1] | $1.72 |
Earnings (loss) from discontinued operations | ' | [1] | $0.01 | [1] | ($0.03) |
Net earnings | $1.54 | [1] | $1.32 | [1] | $1.69 |
Dividends per share | $0.20 | $0.20 | $0.10 | ||
First Quarter [Member] | ' | ' | ' | ||
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) [Line Items] | ' | ' | ' | ||
Revenue from services (in Dollars) | 1,314.80 | 1,354.80 | ' | ||
Gross profit (in Dollars) | 216.9 | 223.7 | ' | ||
SG&A expenses (in Dollars) | 209.8 | 209 | ' | ||
Earnings from continuing operations (in Dollars) | 12.9 | 9.2 | ' | ||
Earnings (loss) from discontinued operations (in Dollars) | ' | 0.4 | ' | ||
Net earnings (in Dollars) | 12.9 | 9.6 | ' | ||
Earnings from continuing operations | $0.34 | [1] | $0.24 | [1] | ' |
Earnings (loss) from discontinued operations, net of tax | ' | [1] | $0.01 | [1] | ' |
Net earnings | $0.34 | [1] | $0.26 | [1] | ' |
Earnings from continuing operations | $0.34 | [1] | $0.24 | [1] | ' |
Earnings (loss) from discontinued operations | ' | [1] | $0.01 | [1] | ' |
Net earnings | $0.34 | [1] | $0.26 | [1] | ' |
Dividends per share | $0.05 | $0.05 | ' | ||
Second Quarter [Member] | ' | ' | ' | ||
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) [Line Items] | ' | ' | ' | ||
Revenue from services (in Dollars) | 1,366.90 | 1,366.10 | ' | ||
Gross profit (in Dollars) | 220.7 | 223.2 | ' | ||
SG&A expenses (in Dollars) | 202.6 | 199.4 | ' | ||
Restructuring charges (credits) included in SG&A (in Dollars) | 0.8 | -2.2 | ' | ||
Asset impairments (in Dollars) | 1.7 | ' | ' | ||
Earnings from continuing operations (in Dollars) | 10 | 15 | ' | ||
Net earnings (in Dollars) | 10 | 15 | ' | ||
Earnings from continuing operations | $0.26 | [1] | $0.40 | [1] | ' |
Earnings (loss) from discontinued operations, net of tax | ' | [1] | ' | [1] | ' |
Net earnings | $0.26 | [1] | $0.40 | [1] | ' |
Earnings from continuing operations | $0.26 | [1] | $0.40 | [1] | ' |
Earnings (loss) from discontinued operations | ' | [1] | ' | [1] | ' |
Net earnings | $0.26 | [1] | $0.40 | [1] | ' |
Dividends per share | $0.05 | $0.05 | ' | ||
Third Quarter [Member] | ' | ' | ' | ||
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) [Line Items] | ' | ' | ' | ||
Revenue from services (in Dollars) | 1,345.60 | 1,354.20 | ' | ||
Gross profit (in Dollars) | 220.4 | 227.5 | ' | ||
SG&A expenses (in Dollars) | 200.2 | 203.5 | ' | ||
Restructuring charges (credits) included in SG&A (in Dollars) | 0.5 | ' | ' | ||
Earnings from continuing operations (in Dollars) | 18.8 | 16.6 | ' | ||
Net earnings (in Dollars) | 18.8 | 16.6 | ' | ||
Earnings from continuing operations | $0.49 | [1] | $0.43 | [1] | ' |
Earnings (loss) from discontinued operations, net of tax | ' | [1] | ' | [1] | ' |
Net earnings | $0.49 | [1] | $0.43 | [1] | ' |
Earnings from continuing operations | $0.49 | [1] | $0.43 | [1] | ' |
Earnings (loss) from discontinued operations | ' | [1] | ' | [1] | ' |
Net earnings | $0.49 | [1] | $0.43 | [1] | ' |
Dividends per share | $0.05 | $0.05 | ' | ||
Fourth Quarter [Member] | ' | ' | ' | ||
Note 19 - Selected Quarterly Financial Data (unaudited) (Details) - Selected Quarterly Financial Data (unaudited) [Line Items] | ' | ' | ' | ||
Revenue from services (in Dollars) | 1,385.80 | 1,375.40 | ' | ||
Gross profit (in Dollars) | 231.5 | 222.2 | ' | ||
SG&A expenses (in Dollars) | 221.9 | 209.3 | ' | ||
Restructuring charges (credits) included in SG&A (in Dollars) | 0.3 | 1.3 | ' | ||
Asset impairments (in Dollars) | ' | 3.1 | ' | ||
Earnings from continuing operations (in Dollars) | 17.2 | 8.9 | ' | ||
Net earnings (in Dollars) | $17.20 | $8.90 | ' | ||
Earnings from continuing operations | $0.45 | [1] | $0.23 | [1] | ' |
Earnings (loss) from discontinued operations, net of tax | ' | [1] | ' | [1] | ' |
Net earnings | $0.45 | [1] | $0.23 | [1] | ' |
Earnings from continuing operations | $0.45 | [1] | $0.23 | [1] | ' |
Earnings (loss) from discontinued operations | ' | [1] | ' | [1] | ' |
Net earnings | $0.45 | [1] | $0.23 | [1] | ' |
Dividends per share | $0.05 | $0.05 | ' | ||
[1] | Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year. |
Schedule_II_Valuation_Reserves1
Schedule II - Valuation Reserves (Details) - Valuation Reserves (USD $) | 12 Months Ended | |||||
In Millions, unless otherwise specified | Dec. 29, 2013 | Dec. 30, 2012 | Jan. 01, 2012 | |||
Allowance for Doubtful Accounts [Member] | ' | ' | ' | |||
Reserve deducted in the balance sheet from the assets to which it applies - | ' | ' | ' | |||
Balance, beginning of year | $10.40 | $13.40 | $12.30 | |||
Charged to costs and expenses | 2.5 | 1.1 | 4.3 | |||
Charged to other accounts | -0.5 | [1] | ' | ' | ||
Currency exchange effects | ' | 0.1 | -0.2 | |||
Deductions from reserves | -2.5 | -4.2 | -3 | |||
Balance, end of year | 9.9 | 10.4 | 13.4 | |||
Valuation Allowance of Deferred Tax Assets [Member] | ' | ' | ' | |||
Reserve deducted in the balance sheet from the assets to which it applies - | ' | ' | ' | |||
Balance, beginning of year | 58.4 | 65.4 | 52.5 | |||
Charged to costs and expenses | 8.7 | 7.1 | 14.1 | |||
Charged to other accounts | ' | -0.1 | [2] | 1.5 | [2] | |
Currency exchange effects | -1.1 | 0.2 | -1 | |||
Deductions from reserves | -9.7 | -14.2 | -1.7 | |||
Balance, end of year | $56.30 | $58.40 | $65.40 | |||
[1] | Adjustment to provision for sales allowances charged to revenue from services. | |||||
[2] | Allowance of companies acquired. |