ManpowerGroup 2007 Annual Report Download - page 37
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Consolidated Statements of Operations
in millions, except per share data
34 Manpower 2006 Annual Report Consolidated Statements of Operations
Year Ended December 31 2007 2006 2005
Revenues from services $ 20,500.3 $ 17,562.5 $ 15,845.4
Cost of services 16,651.7 14,416.5 13,013.6
Gross profi t 3,848.6 3,146.0 2,831.8
Selling and administrative expenses 3,023.2 2,613.9 2,403.0
Operating profi t 825.4 532.1 428.8
Interest and other expense 34.2 50.2 41.8
Earnings before income taxes and discontinued operations 791.2 481.9 387.0
Provision for income taxes 306.5 176.2 131.9
Net earnings from continuing operations 484.7 305.7 255.1
Income from discontinued operations, net of income taxes —92.3 5.0
Net earnings $ 484.7 $ 398.0 $ 260.1
Net earnings per share - basic:
Continuing operations $ 5.83 $ 3.55 $ 2.89
Discontinued operations —1.07 0.06
Total $ 5.83 $ 4.62 $ 2.95
Net earnings per share - diluted:
Continuing operations $ 5.73 $ 3.48 $ 2.81
Discontinued operations —1.06 0.06
Total $ 5.73 $ 4.54 $ 2.87
Weighted average shares - basic 83.1 86.2 88.1
Weighted average shares - diluted 84.6 87.7 91.1
The accompanying notes to consolidated fi nancial statements are an integral part of these statements.