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ManpowerGroup: Three Months Ended September 30

The following excerpt is from the company's SEC filing.

% Variance

Amount

Constant

Reported

Currency

(Unaudited)

Revenues from services (a)

4,972.5

5,416.0

Cost of services

4,120.4

4,510.4

Gross profit

Selling and administrative expenses

Operating profit

Interest and other expenses

Earnings before income taxes

Provision for income taxes

Net earnings

Net earnings per share - basic

Net earnings per share - diluted

Weighted average shares - basic

Weighted average shares - diluted

(a) Revenues from servic es include fees received from our franchise offices of $6.6 million and $6.9 million for the three months ended September 30, 2015 and 2014, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $286.4 million and $302.0 million for the three months ended September 30, 2015 and 2014, respectively.

ManpowerGroup

Operating Unit Results

(In millions)

Three Months Ended September 30

Revenues from Services:

Americas:

United States (a)

Other Americas

1,136.6

1,189.0

Southern Europe:

France

1,242.5

1,454.3

Italy

Other Southern Europe

1,825.4

2,008.3

Northern Europe

1,373.4

1,554.6

APME

Right Management

Operating Unit Profit:

Corporate expenses

Intangible asset amortization expense

Operating profit

Interest and other expenses (b)

Earnings before income taxes

(a) In the United States, revenues from services include fees received from our franchise offices of $4.2 million and $4.4 million for the three months ended September 30, 2015 and 2014, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $186.3 million and $196.3 million for the three months ended September 30, 2015 and 2014, respectively.

(b) The...


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