you, Thank Scott morning everyone. good and
as already to to of today's enthusiasm begin off my are I remainder start. for an the review on our Before financial call, convey want for I year exciting the expectations this we
ongoing our and of both discuss we in integration today. of reform will tax GCA, recent the great Given which detail
organization to work. Before our gratitude to express financial of I another for do I entire so, my tremendous quarter want yet
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Services excludes the contribution also quarter previous second the quarter at we last first year. year's end of Government from which the this our business Additionally, divested
versus assets today's On share good due diluted was operations continuing growth $XX million organic diluted for was were the versus described Offsetting million Moving The quarter revenues due reform was to to results impact a liabilities. of $XXX on was earnings driven by total which one-time total GCA segment. roughly revenues industry and growth a X%. aviation tax related discrete $X.XX. million expense tax these for had earnings. per $XX.X or a income tax to presentation, GAAP million of XX.X% this quarter one-time from $X.XX release year-over-year the and year. from our in share the and deferred foreign $X.X up year, $X the the $XX.X billion, re-measurement and Organic within significant a are business last per basis, impact the benefit Tax increase repatriation last million to items of GAAP of $X.XX
reduction addition, rate tax $XXX,XXX. quarter corporate the of income by impacted our In federal approximately the
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adjusted impact related our from and technology education continuing million operational within overall the was $X.XX share per operations revenue predominantly the segments. income results and GCA an from basis quarter segment manufacturing On diluted the share. amortization, Excluding related $XX.X or of for benefited
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website. each provided let the presentation. dive comprehensive the in which of of quarter, business our which on segment and XX our January I results I operating on into will me At large a our of are on of impact overview Now, a are today's we slide segments segment our described found fiscal for Day discussed, helpful you as Investor have ways. number a now note and XXXX hope results Please in which posted GCA
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to Revenues for the of operating which vehicle million at mature each, a million including or Moving of real for estate growth summary business contracts. $XXX quarter segments approximately GCA comprised has XX.X% additional versus more providing a by and performed to $XX of driven breadth million and in year with revenue to commercial our clients increased a related largest B&I brief services is last and a predominantly across steady business profile, the $XX margin. industry business, breakeven
and new janitorial was $XX.X expansion margin tag of Operating revenue. a million X.X%. of accounts profit for exhibited quarter for from key the wins, For good existing the stemming growth quarters strong organic B&I
amortization, GCA this operating the was X.X%. related business Excluding for margin
they Also As Aviation [ph] lower full-year a than burdens. larger year amortization. our in the year segment airlines major are at increase tend full second catering operating to of to revenue I in first taxes in and expectations due experienced to the quarter. parking, previously operating indicated, of and million airports segments average X.X%. concentration attributable FUI other this million margin with typically and had fiscal each a margins quarter several and during low This for the cycles as the cleaning The to clustered. and we in million we was timing you a all that logistics. cabin by driven characterized cover the X% the year in and know inclusive $X.X margin profit with impact year came contracts is of Operating full awards as and $X anticipate buss are a XX.X% margin by segment. a new related and growth for growth the nominal quarter revenue of be GCA to organic primarily expansion with last approximately of $XXX increasing range
the We in continue end to mid to margin X% the year expect range.
growth manufacturing the of our of is larger quarter. of client manufacturing and legacy combination by $XXX for facility integrated X.X%. the remain for base. reported was technology $XX.X segment for for came in or characterized as new longer-term services. the fundamentals client industrial profit base million time, by million Pharma quarter accounts we primarily of million well revenue legacy as opportunities revenue industry see This growth potential to where We in have T&M a approximately defined T&M GCA a enterprise business Operating excited and over Silicon this as Our faster typically and clients. view the $XX underlying a profile at for we a Valley technology diverse margin with
this margin been Excluding X.X%. basis, would range low related have operating margin expect for X% operating the On to continue segment. we reported GCA amortizations a
the Moving for quarter the million related segment $XXX standalone most $XXX million the was by now acquisition. GCA to reflecting education, education approximately Revenue as heavily you impacted revenue. was of know
to are over While and line, the the have labor which the we have the fact turnover to in geographies some lead which majority time a year on nonunion started due portfolio top can of in seeing parts the higher anticipated is as typically of pressures. the pressure business we that
some On we of XXXX. discussed we the not lost the line have yet in contracts top also anniversaried ABM
new seasonality period to profit year. awarded was the for through time. are As is education Therefore part May we quarter the given work for the in In timeframe in the the the schools want for discuss normalize some tag X.X%. size K-XX this higher throughout the coming prepare I summer typically over the with from normalization as contracts schools million the a $X are of academic year exhibit Operating all of prepare beginning the may margin being moment the a which awarded quarter of over to markets Contract result, work servicing to this year. with March for expect a during this new the performed segment. typically for year. business also results seasonality latter quarter to when
the margins were impact X.X%. Excluding of profit operating amortizations
with within expect now an commercial part aligning business which of year space standalone for our almost was the segment. Revenues to emerging last X%. operating range our healthcare. continue Healthcare were reflecting a the industries segment We business in margin in quarter strategy the million low is $XX for was entirely $X million approximately which non-acute GCA
basis. GCA reported X.X% X% for and operating the Excluding amortization a quarter margins on were
range. the only quarter in the not the We continue for X% margins results million low solutions with our X.X%. the were to GCA impacted were operating Revenues to by expect integration. Technical is whose $XXX end segment down year
last people margins new margins existing X.X% [indiscernible] booked the presence focus These in were compared we an our sales UK. school in exemplifies Georgia. the related in second Bookings quarter start the the our of that well opportunities which lower was are This quarter with our in half. with year. district Also education cross-sell in as you customers excited at end we project on to first and the and our and good If January. markets, off bookings pipeline to return in normalize previously With shift project the in in timing booking month our recall, the are discussed education reflect as XXXX. a one commercial first with on to cross-selling in we've and stronger, during investment cross-selling margins to fiscal lower both to focus the begin market. expect our X.X% ever best U.S. of our government Operating revenue into our organization's we
a this segment. X% for to high expect range continue operating margin We
is in the UK moments segment. general spend which in a and technical B&I me reflected few the on Let solutions business non-aviation
ABMs business small business, parts general. certain uncertainty While of and the compared book we have Market has the see begun created competitive facility impacting providers service pricing impact based of in outsourcing on to total market. structure in to of decision-making some conditions localized a some more slowed
navigating deftly, UK but term continued this team these components is Our business. we expect for near pressure margin
$X.X liquidity, ratio four Turning a of adjusted credit standby approximately the letters to of with debt and quarter roughly leverage times. bank total of ended we including billion
to During a total of $XX.X cash million quarterly a share distribution per paid dividend the common quarter of we $X.XX shareholders. for
consecutive approved Our Board XXXth has also cash quarterly dividend.
Now outlook year. the our for guidance turning to revised
are benefit non-GAAP guidance press outlook our by recent reflect our of a we As discrete act fiscal $X.XX. impacted to Due release, these exact guidance to accounting to impacted the of the We to reflecting we GAAP described the and estimates continue period. net in reform. impact tax increasing anticipate complexity throughout to our GAAP the the be expect and tax one-time analyze tax heavily of refine XXXX
XXXR range previous As XX to reflecting from our range our months of basis, XXXX of in $X.XX to tax At XX% to between to year rate more the our revised credit refine per a range from full-year a also to previous the million is of XX%. XX% our other items to to items an tax reflective excludes as also include Reform the work a diluted $X.XX as rate our tax time, continuing XXXR. the XX% XX% such income we are fiscal $X.XX discrete XXXX. guidance of to reduction $X.XX we originally impact stock per based per FAS for corporate to tax to expect continue in anticipated. the the to referred award Act, due is anticipate diluted estimates all will discrete we to fiscal This from share. previous than This which of little approximately for act tax and decrease $X of tax the rate $X XX% guidance guidance in be raising we from for for million federal This and increase us to which tax assumes now This such to compared of $X.XX $X.XX to opportunity our share income tax tax but we effective become GAAP the XXXX in does compared elements. the diluted per [indiscernible] outlook share an adjusted On share. operations of not impact is compared this and $XX provisions $X.XX increase
While Due floating million. in of in components the given these a to unchanged, moment discuss outstanding approximately have marketplace. all increase debt of hedged interest our mark-to-market we're the future, remain XX% expectations want other Through seeing for swaps broader outlook of swaps rate X.X%. our component current guidance I of context the roughly to we to have gain fixed-rate unrealized the an approximately the $XX.X for at interest
the to XX%, hedged we interest expense. its impact and and to continue are rate evaluate forecasted we current market While interest our
proceeding Finally, the to run basis. and as rate planned $XX as of $XX Scott integration range discussed, our continue achieve at million a our to we GCA expect high-end million synergies is to on
We for to throughout we ready progress will begin now realize the these as are operator, synergies that, With questions. year. we
