Statements of Earnings
Kelly Services. Inc. and Subsidiaries

  1999

1998(1)

1997

 
(In thousands of dollars except per share items)
 
Sales of services $4,269,113 $4,092,251 $3,852,935
Cost of services 3,503,052 3,360,976 3,171,589
 


Gross profit 766,061 731,275 681,346
Selling, general and administrative expenses 622,110 590,659 545,582
 


Earnings from operations 143,951 140,616 135,764
Interest (expense) income, net (241) 2,999 1,216
 


Earnings before income taxes 143,710 143,615 136,980
Income taxes 58,600 58,900 56,200
 


Net earnings $85,110 $84,715 $80,780
 





 
Basic earnings per share $2.37 $2.24 $2.12
Diluted earnings per share $2.36 $2.23 $2.12
Dividends per share $.95 $.91 $.87
Average shares outstanding (thousands):
   Basic 35,854 37,745 38,099
   Diluted 36,030 37,945 38,191
 
See accompanying Notes to Financial Statements.
(1) Fiscal year included 53 weeks.


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