ManpowerGroup 2011 Annual Report Download - page 48

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46 ManpowerGroup 2011 Annual Report Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS
in millions, except per share data
Year En d e d D e c emb er 31 2011 2010 2009
Revenues from services $ 22,006.0 $ 18,866.5 $ 16,038.7
Cost of services 18,299.7 15,621.1 13,220.5
Gross profit 3,706.3 3,245.4 2,818.2
Selling and administrative expenses, excluding impairment charges 3,182.1 2,938.6 2,715.5
Goodwill and intangible asset impairment charges – 428.8 61.0
Selling and administrative expenses 3,182.1 3,367.4 2,776.5
Operating profit (loss) 524.2 (122.0) 41.7
Interest and other expenses 44.3 43.2 64.6
Earnings (loss) before income taxes 479.9 (165.2) (22.9)
Provision for income taxes 228.3 98.4 (13.7)
Net earnings (loss) $ 251.6 $ (263.6) $ (9.2)
Net earnings (loss) per share — basic $ 3.08
$ (3.26) $ (0.12)
Net earnings (loss) per share — diluted $ 3.04
$ (3.26) $ (0.12)
Weighted average shares — basic 81.6 81.0 78.3
Weighted average shares — diluted 82.8 81.0 78.3
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.