Statements of Earnings
Kelly Services. Inc. and Subsidiaries
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1999 |
1998(1) |
1997 |
|
(In thousands of dollars except per share items) |
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| Sales of services | $4,269,113 | $4,092,251 | $3,852,935 |
| Cost of services | 3,503,052 | 3,360,976 | 3,171,589 |
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| Gross profit | 766,061 | 731,275 | 681,346 |
| Selling, general and administrative expenses | 622,110 | 590,659 | 545,582 |
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| Earnings from operations | 143,951 | 140,616 | 135,764 |
| Interest (expense) income, net | (241) | 2,999 | 1,216 |
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| Earnings before income taxes | 143,710 | 143,615 | 136,980 |
| Income taxes | 58,600 | 58,900 | 56,200 |
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| Net earnings | $85,110 | $84,715 | $80,780 |
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| 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 |