Kelly Services, Inc. · Troy, MI United States
Key Kelly Services, Inc. Financials
| Company Type | Public - Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2011 Sales (mil.) | $5,551.0 |
| 2010 Employees | 538,000 |
Kelly Services, Inc. Income Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Revenue | 5,551.0 | 4,950.3 | 4,314.8 |
| Cost of Goods Sold | 4,656.9 | 4,155.8 | 3,613.1 |
| Gross Profit | 894.1 | 794.5 | 701.7 |
| Gross Profit Margin | 16.1% | 16% | 16.3% |
| SG&A Expense | 836.4 | 754.4 | 794.7 |
| Depreciation & Amortization | 31.4 | 34.9 | 40.9 |
| Operating Income | 57.7 | 38.1 | (146.1) |
| Operating Margin | 1% | 0.8% | -3.4% |
| Nonoperating Income | (0.1) | (0.5) | 0.6 |
| Nonoperating Expenses | -- | (4.9) | (2.8) |
| Income Before Taxes | 57.6 | 32.7 | (148.3) |
| Income Taxes | (7.3) | 6.6 | (43.2) |
| Net Income After Taxes | 64.9 | 26.1 | (105.1) |
| Continuing Operations | 64.9 | 26.1 | (105.1) |
| Discontinued Operations | (1.2) | 0.0 | 0.6 |
| Total Operations | 63.7 | 26.1 | (104.5) |
| Total Net Income | 63.7 | 26.1 | (104.5) |
| Net Profit Margin | 1.1% | 0.5% | -2.4% |
| Diluted EPS from Total Net Income | 1.69 | 0.71 | (3.00) |
| Dividends per Share | 0.10 | 0.0 | 0.0 |
All amounts in millions of US Dollars except per share amounts.
Kelly Services, Inc. Balance Sheet
| Assets | Dec 11 | Dec 10 | Dec 09 |
| Current Assets | |||
| Cash | 81.0 | 80.5 | 88.9 |
| Net Receivables | 944.9 | 810.9 | 717.9 |
| Inventories | -- | -- | -- |
| Other Current Assets | 88.8 | 67.2 | 91.6 |
| Total Current Assets | 1,114.7 | 958.6 | 898.4 |
| Net Fixed Assets | 90.6 | 104.0 | 127.1 |
| Other Noncurrent Assets | 336.4 | 305.8 | 276.2 |
| Total Assets | 1,541.7 | 1,368.4 | 1,301.7 |
| Liabilities | Dec 11 | Dec 10 | Dec 09 |
| Current Liabilities | |||
| Accounts Payable | -- | -- | -- |
| Short-Term Debt | 96.3 | 78.8 | 79.6 |
| Other Current Liabilities | 601.4 | 512.2 | 458.0 |
| Total Current Liabilities | 697.7 | 591.0 | 537.6 |
| Long-Term Debt | -- | 0.0 | 57.5 |
| Other Noncurrent Liabilities | 168.3 | 153.6 | 140.2 |
| Total Liabilities | 866.0 | 744.6 | 735.3 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 675.7 | 623.8 | 566.4 |
| Total Equity | 675.7 | 623.8 | 566.4 |
| Shares Outstanding (thou.) | 36,821.6 | 36,693.2 | 35,000.0 |
All amounts in millions of US Dollars except per share amounts.
Kelly Services, Inc. Cash Flow Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Net Operating Cash Flow | 19 | 42 | (17) |
| Net Investing Cash Flow | (20.7) | (11.3) | (23.4) |
| Net Financing Cash Flow | 6.1 | (35.3) | 9.4 |
| Net Change in Cash | 0.5 | (8.4) | (29.4) |
| Depreciation & Amortization | 31.4 | 34.9 | 40.9 |
| Capital Expenditures | (15.4) | (11.0) | (13.1) |
| Cash Dividends Paid | (3.8) | 0.0 | 0.0 |
All amounts in millions of US Dollars except per share amounts.