0000055135-20-000006 | 10-K | XBRL Viewer

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Subsequent Events	12 Months Ended
Subsequent Events	Dec. 29, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventOn January 14, 2020, the company acquired 100% of the membership interests of Insight Workforce Solutions LLC and Insight EDU LLC ("Insight") for $34.5 million of cash, subject to working capital adjustments, plus possible future contingent earn-out consideration of up to $11.4 million if future performance conditions are met per an agreement dated January 14, 2020. Insight is an educational staffing company in the U.S. and will serve to expand the Company's leadership position in the education workforce solutions industry. The related acquisition costs, which are included in other income (expense), net in the 2019 consolidated statements of earnings, were not material. The initial accounting for the business combination is incomplete at the time of this filing due to the limited amount of time since the acquisition date and the ongoing status of the valuation. Therefore, it is impracticable for the Company to provide the major classes of assets acquired and liabilities and contingent liabilities assumed or pro forma revenue and earnings.

Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Income Statement [Abstract]
Revenue from services	$ 5,355.6	$ 5,513.9	$ 5,374.4
Cost of services	4,387.2	4,541.7	4,420.3
Gross profit	968.4	972.2	954.1
Selling, general and administrative expenses	883.1	884.8	870.8
Gain on sale of assets	(12.3)	0.0	0.0
Asset impairment charge	15.8	0.0	0.0
Earnings from operations	81.8	87.4	83.3
Gain (loss) on investment in Persol Holdings	35.8	(96.2)	0.0
Other income (expense), net	(1.2)	(0.6)	(1.6)
Earnings (loss) before taxes and equity in net earnings (loss) of affiliate	116.4	(9.4)	81.7
Net earnings before equity in net earnings (loss) of affiliate	116.0	17.7	68.9
Income tax expense (benefit)	0.4	(27.1)	12.8
Equity in net earnings (loss) of affiliate	(3.6)	5.2	2.7
Net earnings	$ 112.4	$ 22.9	$ 71.6
Basic earnings per share	$ 2.85	$ 0.59	$ 1.84
Diluted earnings per share	$ 2.84	$ 0.58	$ 1.81
Average shares outstanding (millions):
Basic (in shares)	39.1	38.8	38.3
Diluted (in shares)	39.2	39.1	39.0

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Current Assets
Cash and equivalents	$ 25.8	$ 35.3
Trade accounts receivable, less allowances of $12.9 million and $13.2 million, respectively	1,282.2	1,293.3
Prepaid expenses and other current assets	76.5	71.9
Properties held for sale	21.2	0.0
Total current assets	1,405.7	1,400.5
Property and equipment:
Property and equipment	225.8	294.7
Accumulated depreciation	(182.7)	(208.4)
Net property and equipment	43.1	86.3
Operating lease right-of-use assets	60.4	0.0
Deferred taxes	229.1	198.7
Goodwill, net	127.8	107.3
Investment in Persol Holdings	173.2	135.1
Investment in equity affiliate	117.2	121.3
Other assets	324.1	265.2
Total noncurrent assets	1,074.9	913.9
Total Assets	2,480.6	2,314.4
Current Liabilities
Short-term borrowings	1.9	2.2
Accounts payable and accrued liabilities	503.6	540.6
Operating lease liabilities	20.1	0.0
Accrued payroll and related taxes	267.6	266.0
Accrued workers' compensation and other claims	25.7	26.0
Income and other taxes	65.2	62.7
Total current liabilities	884.1	897.5
Noncurrent Liabilities
Operating lease, liabilities	43.3	0.0
Accrued workers' compensation and other claims	45.8	50.5
Accrued retirement benefits	187.4	162.9
Other long-term liabilities	55.5	44.0
Total noncurrent liabilities	332.0	257.4
Commitments and contingencies (See Commitments and Contingencies footnotes)
Treasury stock, at cost
Paid-in capital	22.5	24.4
Earnings invested in the business	1,238.6	1,138.1
Accumulated other comprehensive income (loss)	(15.8)	(17.1)
Total stockholders' equity	1,264.5	1,159.5
Total Liabilities and Stockholders' Equity	2,480.6	2,314.4
Class A common stock
Capital stock, $1.00 par value
Common stock, value	36.6	36.6
Treasury stock, at cost
Treasury stock, value	(20.3)	(25.4)
Class B common stock
Capital stock, $1.00 par value
Common stock, value	3.5	3.5
Treasury stock, at cost
Treasury stock, value	$ (0.6)	$ (0.6)

Income Taxes (Tables)

12 Months Ended

Dec. 29, 2019

Income Tax Disclosure [Abstract]

Earnings (Loss) From Continuing Operations Before Taxes Per Jurisdiction

Earnings (loss) before taxes and equity in net earnings (loss) of affiliate for the years 2019, 2018 and 2017 were taxed under the following jurisdictions:


	2019		2018		2017
	(In millions of dollars)
Domestic	$	46.6	$	53.1	$	55.2
Foreign	69.8		(62.5)		26.5
Total	$	116.4	$	(9.4)	$	81.7

Provision for Income Taxes From Continuing Operations

The provision for income taxes was as follows:


	2019		2018		2017
	(In millions of dollars)
Current tax expense:
U.S. federal	$	4.7	$	6.1	$	6.6
U.S. state and local	3.0		3.1		2.4
Foreign	11.0		11.2		9.7
Total current	18.7		20.4		18.7
Deferred tax (benefit) expense:
U.S. federal	(19.4)		(15.6)		0.4
U.S. state and local	(1.6)		1.0		0.1
Foreign	2.7		(32.9)		(6.4)
Total deferred	(18.3)		(47.5)		(5.9)
Total provision	$	0.4	$	(27.1)	$	12.8

Deferred Taxes

The deferred tax assets and liabilities are comprised of the following:


	2019		2018
	(In millions of dollars)
Depreciation and amortization	$	(13.3)	$	(15.6)
Employee compensation and benefit plans	58.4		52.0
Workers’ compensation	14.8		15.0
Unrealized gain on securities	(42.5)		(30.9)
Investment in equity affiliate	(13.8)		(15.8)
Loss carryforwards	30.4		30.8
Credit carryforwards	167.1		155.6
Other, net	3.9		3.9
Valuation allowance	(19.0)		(27.8)
Net deferred tax assets	$	186.0	$	167.2

The deferred tax balance is classified in the consolidated balance sheet as:


	2019		2018
	(In millions of dollars)
Deferred tax asset	$	229.1	$	198.7
Other long-term liabilities	(43.1)		(31.5)
	$	186.0	$	167.2

Net Tax Effect of State and Foreign Loss Carryforwards

The net tax effect of state and foreign loss carryforwards at year-end 2019 totaled $30.4 million, which will expire as follows (in millions of dollars):


Year	Amount


2020-2021	$	0.5
2022-2036	0.8
No expiration	29.1
Total	$	30.4

Differences Between Income Taxes From Continuing Operations and U.S. Statutory Rate

The differences between income taxes from continuing operations for financial reporting purposes and the U.S. statutory rate of 21% in 2019 and 2018 and 35% in 2017 as follows:


	2019		2018		2017
	(In millions of dollars)
Income tax based on statutory rate	$	24.4	$	(2.0)	$	28.6
State income taxes, net of federal benefit	1.1		3.2		1.6
Foreign tax rate differential	4.6		(8.3)		(1.5)
General business credits	(16.7)		(22.6)		(18.1)
Life insurance cash surrender value	(6.5)		2.1		(7.4)
Foreign items	0.8		1.9		(1.3)
GILTI, net of foreign tax credit	0.5		0.5		—
Foreign-derived intangible income	(0.9)		(0.9)		—
Foreign business taxes	3.8		4.2		4.0
Non-deductible expenses	0.7		2.6		1.3
Tax law change	(0.2)		(0.5)		13.9


Change in deferred tax realizability	(10.6)		(4.3)		(7.8)
Stock compensation	(0.6)		(3.0)		(0.7)
Other, net	—		—		0.2
Total	$	0.4	$	(27.1)	$	12.8

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2019		2018		2017
	(In millions of dollars)
Balance at beginning of the year	$	1.1	$	1.2	$	1.4

Additions for prior years’ tax positions	—		—		—
Reductions for prior years’ tax positions	—		—		—
Additions for settlements	—		—		—
Reductions for settlements	—		—		—
Reductions for expiration of statutes	(0.2)		(0.1)		(0.2)

Balance at end of the year	$	0.9	$	1.1	$	1.2

Goodwill and Intangible Assets - Rollforward (Details) $ in Millions	12 Months Ended
	Dec. 29, 2019 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 107.3
Additions to Goodwill	20.5
Goodwill, ending balance	127.8
Americas Staffing
Goodwill [Roll Forward]
Goodwill, beginning balance	44.8
Additions to Goodwill	13.7
Goodwill, ending balance	58.5
GTS
Goodwill [Roll Forward]
Goodwill, beginning balance	62.5
Additions to Goodwill	6.8
Goodwill, ending balance	69.3
International Staffing
Goodwill [Roll Forward]
Goodwill, beginning balance	0.0
Additions to Goodwill	0.0
Goodwill, ending balance	$ 0.0

Consolidated Statements of Cash Flows - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 29, 2019

Dec. 30, 2018

Dec. 31, 2017

Cash flows from operating activities:

Net earnings

$ 17.0

$ 112.4

$ 22.9

$ 71.6

Adjustments to reconcile net earnings to net cash from operating activities:

Depreciation and amortization

31.6

26.2

22.7

Operating lease asset amortization

22.3

0.0

Provision for bad debts

4.1

3.0

5.6

Stock-based compensation

5.6

8.1

9.1

Deferred income taxes

(18.3)

(47.5)

(5.9)

(Gain) loss on investment in Persol Holdings

(0.7)

(35.8)

96.2

0.0

(Gain) on sale of assets

0.0

(12.3)

0.0

Asset impairment charge

15.8

0.0

Equity in net (earnings) loss of PersolKelly Asia Pacific

3.6

(5.2)

(2.7)

Other, net

(0.4)

(0.8)

0.2

Changes in operating assets and liabilities, net of acquisitions

(26.4)

(41.5)

(29.8)

Net cash from operating activities

102.2

61.4

70.8

Cash flows from investing activities:

Capital expenditures

(20.0)

(25.6)

(24.6)

Acquisition of companies, net of cash received

(86.4)

0.0

(37.2)

Investment in equity securities

(1.0)

(5.0)

0.0

Loans to equity affiliate

(4.4)

(7.0)

0.6

Proceeds from sale of assets

13.8

0.0

Proceeds from company-owned life insurance

3.0

7.9

0.0

Other investing activities

0.7

(0.1)

0.2

Net cash used in investing activities

(94.3)

(29.8)

(61.0)

Cash flows from financing activities:

Net change in short-term borrowings

(0.3)

(7.8)

10.1

Financing lease payments

(0.7)

0.0

Dividend payments

(11.9)

(11.8)

(11.6)

Payments of tax withholding for restricted shares

(2.5)

(6.9)

(1.8)

Other financing activities

(0.7)

0.0

(0.1)

Net cash used in financing activities

(16.1)

(26.5)

(3.4)

Effect of exchange rates on cash, cash equivalents and restricted cash

(0.9)

(1.9)

(3.8)

Net change in cash, cash equivalents and restricted cash

(9.1)

3.2

2.6

Cash, cash equivalents and restricted cash at beginning of year

40.1

^[1]

36.9

^[1]

34.3

Cash, cash equivalents and restricted cash at end of year

^[1]

31.0

40.1

36.9

Cash and equivalents

25.8

35.3

32.5

Restricted cash included in prepaid expenses and other current assets

0.2

0.1

0.0

Restricted cash included in other assets

$ 5.0

$ 4.7

$ 4.4

[1]	⁽¹⁾ The following table provides a reconciliation of cash, cash equivalents and restricted cash to the amounts reported in our consolidated balance sheet:

Investment in Persol Holdings - Narrative (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2018
Gain (Loss) on Securities [Line Items]
Gain (loss) on investment in Persol Holdings	$ 0.7	$ (39.3)	$ 61.2	$ 13.2	$ (83.2)	$ 15.8	$ (52.5)	$ 23.7	$ 35.8	$ (96.2)	$ 0.0
OCI & AOCI
Gain (Loss) on Securities [Line Items]
Cumulative effect of new accounting principle in period of adoption												$ 140.0
Cumulative effect of new accounting principle in period of adoption, taxes												$ 69.9

Leases - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 60.4	$ 0.0
Operating lease current liabilities	20.1	0.0
Operating lease noncurrent liabilities	$ 43.3	0.0
Lease expense		$ 31.4	$ 31.3
Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets				$ 74.1
Operating lease current liabilities				19.8
Operating lease noncurrent liabilities				$ 54.3
Minimum
Lessee, Lease, Description [Line Items]
Leases, remaining lease term (years)	1 year
Maximum
Lessee, Lease, Description [Line Items]
Leases, remaining lease term (years)	10 years

Earnings Per Share (Tables)

12 Months Ended

Dec. 29, 2019

Earnings Per Share [Abstract]

Common Stock Reconciliation of Basic and Diluted Earnings Per Share

The reconciliation of basic earnings per share on common stock for the year-end 2019, 2018 and 2017 follows (in millions of dollars except per share data).


	2019		2018		2017








Net earnings	$	112.4	$	22.9	$	71.6
Less: Earnings allocated to participating securities	(1.1)		(0.2)		(1.1)
Net earnings available to common shareholders	$	111.3	$	22.7	$	70.5

Average common shares outstanding (millions):
Basic	39.1		38.8		38.3
Dilutive share awards	0.1		0.3		0.7
Diluted	39.2		39.1		39.0

Basic earnings per share	$	2.85	$	0.59	$	1.84




Diluted earnings per share	$	2.84	$	0.58	$	1.81

Fair Value Measurements

12 Months Ended

Dec. 29, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurements

Trade accounts receivable, accounts payable, accrued liabilities, accrued payroll and related taxes and short-term borrowings approximate their fair values due to the short-term maturities of these assets and liabilities.

Assets Measured at Fair Value on a Recurring Basis

The following tables present assets measured at fair value on a recurring basis as of year-end 2019 and 2018 in the consolidated balance sheet by fair value hierarchy level, as described below.

Level 1 measurements consist of unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 measurements include quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 3 measurements include significant unobservable inputs.


	Fair Value Measurements on a Recurring Basis As of Year-End 2019
Description	Total		Level 1		Level 2		Level 3
	(In millions of dollars)
Money market funds	$	4.9	$	4.9	$	—	$	—
Investment in Persol Holdings	173.2		173.2		—		—

Total assets at fair value	$	178.1	$	178.1	$	—	$	—


	Fair Value Measurements on a Recurring Basis As of Year-End 2018
Description	Total		Level 1		Level 2		Level 3
	(In millions of dollars)
Money market funds	$	4.6	$	4.6	$	—	$	—
Investment in Persol Holdings	135.1		135.1		—		—

Total assets at fair value	$	139.7	$	139.7	$	—	$	—

Money market funds as of year-end 2019 and 2018 represent investments in money market accounts, all of which are restricted as to use and are included in other assets in the consolidated balance sheet. The money market funds that are restricted as to use account for the majority of our restricted cash balance and represents cash balances that are required to be maintained to fund disability claims in California. The valuations of money market funds were based on quoted market prices of those accounts as of the respective period end.

The valuation of the investment in Persol Holdings is based on the quoted market price of Persol Holdings stock on the Tokyo Stock Exchange as of the period end, and the related changes in fair value are recorded in the consolidated statements of earnings (see Investment in Persol Holdings footnote). In 2017, changes in fair value were recorded in other comprehensive income, and in accumulated other comprehensive income (loss), a component of stockholders' equity. The cost of this yen-denominated investment, which fluctuates based on foreign exchange rates, was $18.9 million at year-end 2019 and $18.8 million at year-end 2018.

Equity Investments Without Readily Determinable Fair Value

The Company has a minority investment in Business Talent Group, LLC, which is included in other assets in the consolidated balance sheet. This investment is measured using the measurement alternative for equity investments without a readily determinable fair value. The carrying amount of $5.0 million as of year-end 2019 and 2018 represents the purchase price. There have been no adjustments to the carrying amount or impairments on the investment.

During the second quarter of 2019, the Company made an additional $1.0 million minority investment in Kenzie Academy Inc., which is included in other assets in the consolidated balance sheet. This investment is also measured using the measurement

alternative for equity investments without a readily determinable fair value as described above. As of year-end 2019, the investment totaled $1.3 million, representing total cost plus observable price changes to date.

Assets Measured at Fair Value on a Nonrecurring Basis

We completed our annual impairment test of goodwill for all reporting units in the fourth quarter for the fiscal years ended 2019 and 2018 and determined that goodwill was not impaired.

In 2019 and 2018, we performed a step one quantitative test for all of our reporting units with goodwill. For both years, the estimated fair value of each reporting unit tested exceeded its related carrying value. As a result of these quantitative assessments, we determined it was more likely than not that the fair value of each of the reporting units was more than its carrying value.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Acquisitions - Fair Value of Assets Assumed and Liabilities Acquired (Details) - USD ($) $ in Millions	Dec. 29, 2019	Jan. 02, 2019	Dec. 30, 2018	Sep. 05, 2017
Business Acquisition [Line Items]
Goodwill	$ 127.8		$ 107.3
NextGen Global Resources LLC
Business Acquisition [Line Items]
Cash		$ 3.5
Trade accounts receivable		19.7
Other current assets		0.3
Goodwill		13.7
Intangibles		21.5
Other noncurrent assets		0.5
Current liabilities		(4.9)
Purchase price paid, including working capital adjustments		54.3
Global Technology Associates, LLC
Business Acquisition [Line Items]
Cash		0.1
Trade accounts receivable		13.9
Other current assets		0.1
Goodwill		6.8
Intangibles		17.3
Other noncurrent assets		0.4
Current liabilities		(2.9)
Purchase price paid, including working capital adjustments		$ 35.7
Teachers On Call, Inc.
Business Acquisition [Line Items]
Cash				$ 1.8
Other current assets				3.6
Goodwill				18.7
Intangibles				18.3
Other noncurrent assets				0.5
Current liabilities				(3.9)
Purchase price paid, including working capital adjustments				$ 39.0

Leases - Schedule of Future Minimum Rental Payments for Operating Leases (Details) $ in Millions	Dec. 29, 2019 USD ($)
Leases [Abstract]
2019	$ 26.7
2020	20.4
2021	15.2
2022	9.8
2023	4.7
Later years	4.9
Total	$ 81.7

Earnings Per Share - Common Stock Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net earnings	$ 17.0	$ (10.5)	$ 83.8	$ 22.1	$ (23.9)	$ 33.1	$ (15.4)	$ 29.1	$ 112.4	$ 22.9	$ 71.6
Less: Earnings allocated to participating securities									(1.1)	(0.2)	(1.1)
Net earnings available to common shareholders									$ 111.3	$ 22.7	$ 70.5
Average common shares outstanding (millions):
Basic (in shares)									39.1	38.8	38.3
Dilutive share awards (in shares)									0.1	0.3	0.7
Diluted (in shares)									39.2	39.1	39.0
Basic earnings (loss) per share on common stock (in dollars per share)	$ 0.43	$ (0.27)	$ 2.12	$ 0.56	$ (0.62)	$ 0.84	$ (0.40)	$ 0.74	$ 2.85	$ 0.59	$ 1.84
Diluted earnings (loss) per share on common stock (in dollars per share)	$ 0.43	$ (0.27)	$ 2.12	$ 0.56	$ (0.62)	$ 0.84	$ (0.40)	$ 0.74	$ 2.84	$ 0.58	$ 1.81

Leases - Schedule of Leases Terms and Discount Rates (Details)	Dec. 29, 2019
Weighted average remaining lease term (years):
Operating lease, weighted average remaining lease term (years)	3 years 10 months 24 days
Financing lease, weighted average remaining lease term (years)	3 years 7 months 6 days
Weighted average discount rate:
Operating lease, weighted average discount rate, percent	5.70%
Financing lease, weighted average discount rate, percent	4.90%

Segment Disclosures - Summary of Revenue From Services by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from services	$ 1,337.8	$ 1,267.7	$ 1,367.5	$ 1,382.6	$ 1,414.7	$ 1,342.4	$ 1,386.9	$ 1,369.9	$ 5,355.6	$ 5,513.9
Service
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from services									5,355.6	5,513.9	$ 5,374.4
Service \| United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from services									3,892.5	3,930.0	3,894.6
Service \| International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from services									$ 1,463.1	$ 1,583.9	$ 1,479.8

Schedule II - Valuation Reserves (Details) - Valuation Reserves - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	$ 13.2	$ 12.9	$ 12.5
Charged to costs and expenses	3.4	3.5	5.3
Charged to other accounts	0.7	(0.5)	0.3
Currency exchange effects	0.0	(0.4)	0.6
Deductions from reserves	(4.4)	(2.3)	(5.8)
Balance at end of year	12.9	13.2	12.9
Deferred tax assets valuation allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	27.8	34.6	42.1
Charged to costs and expenses	6.1	2.6	1.7
Charged to other accounts	0.0	0.0	0.0
Currency exchange effects	(0.3)	(1.8)	3.3
Deductions from reserves	(14.6)	(7.6)	(12.5)
Balance at end of year	$ 19.0	$ 27.8	$ 34.6

Supplemental Cash Flow Information (Tables)

12 Months Ended

Dec. 29, 2019

Supplemental Cash Flow Elements [Abstract]

Changes In Operating Assets And Liabilities, Net of the Effect of Deconsolidated Subsidiaries

Changes in operating assets and liabilities, net of acquisitions, as disclosed in the statements of cash flows, for the fiscal years 2019, 2018 and 2017, respectively, were as follows:


	2019		2018		2017
	(In millions of dollars)
(Increase) decrease in trade accounts receivable	$	46.0	$	(32.0)	$	(126.2)
(Increase) decrease in prepaid expenses and other assets	6.0		(9.5)		(14.2)
(Increase) decrease in ROU assets	0.7		—		—
Increase (decrease) increase in accounts payable and accrued liabilities	(43.0)		17.0		63.9
Increase (decrease) in operating lease liabilities	(21.6)		—		—
Increase (decrease) in accrued payroll and related taxes	(13.2)		(21.0)		32.9
Increase (decrease) in accrued workers’ compensation and other claims	(1.9)		1.9		6.7
Increase (decrease) in income and other taxes	0.6		2.1		7.1

Total changes in operating assets and liabilities, net of acquisitions	$	(26.4)	$	(41.5)	$	(29.8)

Fair Value Measurements - Fair Value Measurements on a Recurring Basis (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in Persol Holdings	$ 173.2	$ 135.1
Measured on a recurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	4.9	4.6
Investment in Persol Holdings	173.2	135.1
Total assets at fair value	178.1	139.7
Measured on a recurring basis \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	4.9	4.6
Investment in Persol Holdings	173.2	135.1
Total assets at fair value	178.1	139.7
Measured on a recurring basis \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0.0	0.0
Investment in Persol Holdings	0.0	0.0
Total assets at fair value	0.0	0.0
Measured on a recurring basis \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0.0	0.0
Investment in Persol Holdings	0.0	0.0
Total assets at fair value	$ 0.0	$ 0.0

Stock-Based Compensation

12 Months Ended

Dec. 29, 2019

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation

Stock-Based CompensationUnder the Equity Incentive Plan, amended and restated February 15, 2017 and approved by the stockholders of the Company on May 10, 2017 (the “EIP”), the Company may grant restricted stock and performance awards to key employees associated with the Company’s Class A stock. For shares granted prior to May 10, 2017, the EIP provides that the maximum number of shares available for grants is 15% of the outstanding Class A Stock, adjusted for EIP activity over the preceding five years. For shares granted after May 10, 2017, the amended EIP provides that the maximum number of shares available for grants is 4.7 million. The Company has no plans to issue additional shares under the provision that was in effect prior to May 10, 2017. Under the provision that was in effect for shares granted after May 10, 2017, shares available for future grants at year-end 2019 were 3.4 million. The Company issues shares out of treasury stock to satisfy stock-based awards. The Company presently has no intent to repurchase additional shares for the purpose of satisfying stock-based awards.

The Company recognized stock-based compensation cost of $5.6 million in 2019, $8.1 million in 2018 and $9.1 million in 2017, as well as related tax benefits of $1.3 million in 2019, $4.4 million in 2018 and $4.2 million in 2017.

Restricted Stock

Restricted stock, which typically vests over four years, is issued to certain key employees and is subject to forfeiture until the end of an established restriction period. The Company utilizes the market price of its Class A stock on the date of grant as the fair value of restricted stock and expenses the fair value on a straight-line basis over the vesting period.

A summary of the status of nonvested restricted stock under the EIP as of year-end 2019 and changes during this period is presented as follows below (in thousands of shares except per share data):


	Restricted Stock	Weighted Average Grant Date Fair Value
Nonvested at year-end 2018	356	$	23.44
Granted	185	24.76
Vested	(134)	21.23
Forfeited	(47)	23.65
Nonvested at year-end 2019	360	$	24.92

As of year-end 2019, unrecognized compensation cost related to unvested restricted stock totaled $6.5 million. The weighted average period over which this cost is expected to be recognized is approximately 1.8 years. The weighted average grant date fair value per share of restricted stock granted during 2019, 2018 and 2017 was $24.76, $28.79 and $21.97, respectively. The total fair value of restricted stock, which vested during 2019, 2018 and 2017, was $3.3 million, $4.9 million and $5.8 million, respectively.

Performance Shares

During 2019, 2018 and 2017, the Company granted performance awards associated with the Company’s Class A stock to certain senior officers. The payment of performance awards, which will be satisfied with the issuance of shares out of treasury stock, is contingent upon the achievement of specific gross profit and operating earnings performance goals ("financial measure performance awards") over a stated period of time or may be earned based on the Company’s total shareholder return (“TSR”) relative to the S&P SmallCap 600 Index (“TSR performance awards”). Both financial measure performance awards and TSR performance awards have a performance period of three years and will cliff-vest after the approval by the Compensation Committee, if not forfeited by the recipient. No dividends are paid on these performance shares. Additionally, the Company also granted single financial measure performance shares to certain senior officers, which will be satisfied with the issuance of shares out of treasury stock, and is contingent upon the achievement of one performance measure with a one-year performance period. These single financial measure performance shares vest over four years and earn dividends, which are not paid until the awards vest.

2019 Grant

For the 2019 performance share grant (“2019 grant”), the total target number of performance shares granted is 260,000 of which 207,000 shares are eligible to earn up to the maximum number of performance shares of 413,000, which assumes 200% of the target shares originally granted, and may be earned upon achievement of two financial goals. The 2019 financial measure performance awards were granted with a market condition in the form of a relative TSR modifier, which could impact the number of shares earned as determined at the end of the performance period. The number of shares earned based on financial measures’ results will be reduced, increased or remain the same based on the Company’s TSR relative to the S&P SmallCap 600 Index. The maximum number of performance shares that may be earned is 200% of the target shares originally granted and the TSR modifier will not increase payouts above the maximum. The 2019 grant also included 53,000 single financial measure performance shares.

The 2019 financial measure performance awards have a weighted average grant date fair value of $25.54 per share, which was determined using a Monte Carlo valuation model incorporating assumptions for inputs of expected stock price volatility, dividend yield and risk-free interest rate. The total nonvested shares at maximum level (200%) related to 2019 financial measure performance awards at year-end 2019 is 364,000.

2018 Grant

For the 2018 performance share grant (“2018 grant”), the total target number of performance shares granted was 222,000, of which 177,000 shares (118,000 of financial measure performance awards and 59,000 of TSR performance awards) are eligible to earn up to the maximum number of performance shares of 355,000, which assumes 200% of the target shares originally granted. The 2018 grant also included 45,000 single financial measure performance shares.

The financial measure performance awards have a weighted average grant date fair value of $28.40. For each of the two financial measures, there are annual goals set in February of each year, with the total award payout based on a cumulative average of the 2018, 2019, and 2020 goals. Accordingly, the Company remeasures the fair value of the 2018 financial measure performance shares each reporting period until the 2020 goals are set, after which the fair value will be fixed for the remaining performance period. As of year-end 2019, the current fair value for the 2018 financial measure performance shares was $21.38. The TSR performance awards have an estimated fair value of $31.38, which was computed using a Monte Carlo simulation model incorporating assumptions for inputs of expected stock price volatility, dividend yield and risk-free rate.

The total nonvested shares at maximum level (200%) related to 2018 financial measure performance awards and TSR performance awards at year-end 2019 are 207,000 and 104,000, respectively.

2017 Grant

For the 2017 performance share grant (“2017 grant”), the total target number of performance shares granted was 387,000, of which 304,000 shares (203,000 of financial measure performance awards and 101,000 of TSR performance awards) are eligible to earn up to the maximum number of performance shares of 609,000, which assumes 200% of the target shares originally granted. The 2017 grant also included 83,000 single financial measure performance shares.

The financial measure performance shares have a weighted average grant date fair value of $21.07. For each of the two financial measures, there are annual goals set in February of each year, with the total award payout based on a cumulative average of the 2017, 2018 and 2019 goals. During the first quarter of 2019, the final year of goals was set and the grant date fair value for the 2017 financial measure performance shares was set at $23.76, and remained fixed for the remaining performance period. The TSR performance shares have an estimated fair value of $20.16, which was computed using a Monte Carlo simulation model incorporating assumptions for inputs of expected stock price volatility, dividend yield and risk-free interest rate.

Based upon the level of achievement of specific financial performance goals and the Company's relative to the S&P SmallCap 600 Index for the 2017 grant, participants had the ability to receive up to 200% of the target number of shares originally granted. On February 11, 2020, the Compensation Committee approved the actual performance achievement of the financial measure performance awards, which resulted in achieving approximately 55% of target. These shares will cliff-vest after the approval by the Compensation Committee, which will be no later than March 15, 2020, if not forfeited by the recipient. The actual achievement of the TSR performance awards was below the threshold level and resulted in no payout for the 2017 grant.

The total nonvested shares related to the 2017 financial measure performance awards and TSR performance awards at year-end 2019 are 69,000 and 0, respectively.

A summary of the status of all nonvested performance shares at target for 2019 is presented as follows below (in thousands of shares except per share data). The majority of the vested shares below is related to the 2016 performance share grant, which cliff-vested after approval from the Compensation Committee during the first quarter of 2019.


	Financial Measure Performance Shares				TSR Performance Shares
	Shares	Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Nonvested at year-end 2018	481	$	23.58	173	$	23.56
Granted	260	25.34		—	—
Vested	(188)	28.05		(55)	19.73
Forfeited	(51)	25.14		(4)	28.99
Nonvested at year-end 2019	502	$	24.21	114	$	25.24

As of year-end 2019, unrecognized compensation cost related to all unvested financial measure performance shares and TSR performance shares totaled $1.0 million and $0.5 million, respectively. The weighted average period over which the costs are expected to be recognized is approximately 1.9 years for financial measure performance shares and 1.0 year for TSR performance shares. The total fair value of financial measure performance shares and TSR performance shares, which vested during 2019, was $3.4 million and $1.4 million, respectively.

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 29, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Net Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the fiscal year 2019 are included in the table below. See Acquisitions footnote for a description of the additions to goodwill in 2019.


	As of Year-End 2018		Additions to Goodwill		As of Year-End 2019
	(In millions of dollars)
Americas Staffing	$	44.8	$	13.7	$	58.5
Global Talent Solutions	62.5		6.8		69.3
International Staffing	—		—		—
	$	107.3	$	20.5	$	127.8

Schedule of Finite-Lived Intangible Assets

Intangible assets, excluding fully-amortized intangibles, are included within other assets on our consolidated balance sheet and consist of the following (in millions of dollars):


		2019										2018
	Useful lives	Gross Carrying amount		Less: Accumulated Amortization		Net		Gross Carrying amount		Less: Accumulated Amortization		Net
Customer relationships	10 years	$	40.1	$	8.3	$	31.8	$	15.2	$	4.5	$	10.7
Candidate database	4 years	1.5		0.9		0.6		1.5		0.5		1.0
Trade names	15 years	12.1		0.8		11.3		—		—		—
Non-compete agreements	5 years	1.7		0.3		1.4		—		—		—
Trademarks	Indefinite	4.8		—		4.8		4.8		—		4.8
Total		$	60.2	$	10.3	$	49.9	$	21.5	$	5.0	$	16.5

Schedule of Indefinite-Lived Intangible Assets

Intangible assets, excluding fully-amortized intangibles, are included within other assets on our consolidated balance sheet and consist of the following (in millions of dollars):


		2019										2018
	Useful lives	Gross Carrying amount		Less: Accumulated Amortization		Net		Gross Carrying amount		Less: Accumulated Amortization		Net
Customer relationships	10 years	$	40.1	$	8.3	$	31.8	$	15.2	$	4.5	$	10.7
Candidate database	4 years	1.5		0.9		0.6		1.5		0.5		1.0
Trade names	15 years	12.1		0.8		11.3		—		—		—
Non-compete agreements	5 years	1.7		0.3		1.4		—		—		—
Trademarks	Indefinite	4.8		—		4.8		4.8		—		4.8
Total		$	60.2	$	10.3	$	49.9	$	21.5	$	5.0	$	16.5

Acquisitions - Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Business Combinations [Abstract]
Pro forma revenues	$ 5,355.6	$ 5,624.2
Pro forma net earnings	$ 112.4	$ 29.8
Pro forma basic earnings per share (in dollars per shares)	$ 2.85	$ 760,000
Pro forma diluted earnings per share (in dollars per share)	$ 2.84	$ 750,000

Earnings Per Share

12 Months Ended

Dec. 29, 2019

Earnings Per Share [Abstract]

Earnings Per Share

The reconciliation of basic earnings per share on common stock for the year-end 2019, 2018 and 2017 follows (in millions of dollars except per share data).


	2019		2018		2017








Net earnings	$	112.4	$	22.9	$	71.6
Less: Earnings allocated to participating securities	(1.1)		(0.2)		(1.1)
Net earnings available to common shareholders	$	111.3	$	22.7	$	70.5

Average common shares outstanding (millions):
Basic	39.1		38.8		38.3
Dilutive share awards	0.1		0.3		0.7
Diluted	39.2		39.1		39.0

Basic earnings per share	$	2.85	$	0.59	$	1.84




Diluted earnings per share	$	2.84	$	0.58	$	1.81

Potentially dilutive shares outstanding are primarily related to performance shares for 2019, 2018, and 2017.

We have presented earnings per share for our two classes of common stock on a combined basis. This presentation is consistent with the earnings per share computations that result for each class of common stock utilizing the two-class method as described in ASC Topic 260, “Earnings Per Share”. The two-class method is an earnings allocation formula which determines earnings per share for each class of common stock according to the dividends declared (or accumulated) and participation rights in the undistributed earnings.

In applying the two class method, we have determined that the undistributed earnings should be allocated to each class on a pro rata basis after consideration of all of the participation rights of the Class B shares (including voting and conversion rights) and our history of paying dividends equally to each class of common stock on a per share basis.

The Company’s Restated Certificate of Incorporation allows the board of directors to declare a cash dividend to Class A shares without declaring equal dividends to the Class B shares. Class B shares’ voting and conversion rights, however, effectively allow the Class B shares to participate in dividends equally with Class A shares on a per share basis.

The Class B shares are the only shares with voting rights. The Class B shareholders are therefore able to exercise voting control with respect to all matters requiring stockholder approval, including the election of or removal of directors. The board of directors has historically declared and the Company historically has paid equal per share dividends on both the Class A and Class B shares. Each class has participated equally in all dividends declared since 1987.

In addition, Class B shares are convertible, at the option of the holder, into Class A shares on a one-for-one basis. As a result, Class B shares can participate equally in any dividends declared on the Class A shares by exercising their conversion rights.

Dividends paid per share for Class A and Class B common stock were $0.30 for December year to date 2019, 2018, and 2017.

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 29, 2019

Share-based Payment Arrangement [Abstract]

Summary of Status of Nonvested Restricted Stock Awards and Units

A summary of the status of nonvested restricted stock under the EIP as of year-end 2019 and changes during this period is presented as follows below (in thousands of shares except per share data):


	Restricted Stock	Weighted Average Grant Date Fair Value
Nonvested at year-end 2018	356	$	23.44
Granted	185	24.76
Vested	(134)	21.23
Forfeited	(47)	23.65
Nonvested at year-end 2019	360	$	24.92

Summary of Status of Nonvested Performance Share Awards


	Financial Measure Performance Shares				TSR Performance Shares
	Shares	Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Nonvested at year-end 2018	481	$	23.58	173	$	23.56
Granted	260	25.34		—	—
Vested	(188)	28.05		(55)	19.73
Forfeited	(51)	25.14		(4)	28.99
Nonvested at year-end 2019	502	$	24.21	114	$	25.24

Selected Quarterly Financial Data (unaudited) (Tables)

12 Months Ended

Dec. 29, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information


	Fiscal Year 2019
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(In millions of dollars except per share data)
Revenue from services	$	1,382.6	$	1,367.5	$	1,267.7	$	1,337.8	$	5,355.6
Gross profit	251.6		244.0		227.7		245.1		968.4
SG&A expenses	234.8		221.5		210.6		216.2		883.1
Restructuring charges included in SG&A expenses	6.3		(0.6)		(0.1)		(0.1)		5.5
Gain on sale of assets ⁽²⁾	—		12.3		—		—		12.3
Asset impairment charge ⁽³⁾	—		—		—		15.8		15.8
Gain (loss) on investment in Persol Holdings	13.2		61.2		(39.3)		0.7		35.8

Net earnings (loss)	22.1		83.8		(10.5)		17.0		112.4
Basic earnings (loss) per share ⁽¹⁾	0.56		2.12		(0.27)		0.43		2.85



Diluted earnings (loss) per share ⁽¹⁾	0.56		2.12		(0.27)		0.43		2.84



Dividends per share	0.075		0.075		0.075		0.075		0.30


	Fiscal Year 2018
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(In millions of dollars except per share data)
Revenue from services	$	1,369.9	$	1,386.9	$	1,342.4	$	1,414.7	$	5,513.9
Gross profit	238.2		240.5		239.1		254.4		972.2
SG&A expenses	226.2		220.1		217.2		221.3		884.8

Gain (loss) on investment in Persol Holdings	23.7		(52.5)		15.8		(83.2)		(96.2)

Net earnings (loss)	29.1		(15.4)		33.1		(23.9)		22.9
Basic earnings (loss) per share ⁽¹⁾	0.74		(0.40)		0.84		(0.62)		0.59



Diluted earnings (loss) per share ⁽¹⁾	0.74		(0.40)		0.84		(0.62)		0.58



Dividends per share	0.075		0.075		0.075		0.075		0.30

(1)Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year.

(2)Gain on sale of assets primarily represents the excess of the proceeds over the cost of an unused parcel of land located near the Company headquarters sold during the second quarter of 2019.

(3)Asset impairment charge represents the write-off of previously capitalized costs associated with a new U.S. front and middle office technology development project which management determined would not be completed but replaced by an enhanced and expanded use of an existing technology platform.

Sale of Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Sale of Assets [Line Items]
Proceeds from sale of assets		$ 13.8	$ 0.0	$ 0.0
Land
Sale of Assets [Line Items]
Proceeds from sale of assets	$ 11.7
Transfer of Customer Contracts
Sale of Assets [Line Items]
Proceeds from sale of assets	$ 2.1

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Fiscal period duration	364 days	364 days	364 days
Advertising expense	$ 9.4	$ 8.7	$ 7.9
Short-term Debt [Line Items]
Accounts payable	503.6	540.6
Accrued payroll and related taxes	267.6	266.0
Liability for claims	1.0
Book overdrafts
Short-term Debt [Line Items]
Accounts payable	5.9	7.3
Accrued payroll and related taxes	$ 21.9	$ 22.9
PersolKelly Asia Pacific
Short-term Debt [Line Items]
Equity method investment, ownership percentage	49.00%

Leases (Tables)

12 Months Ended

Dec. 29, 2019

Leases [Abstract]

Components of lease expense

The components of lease expense were as follows (in millions of dollars):

December Year to Date

Description

Statements of Earnings Location

2019

Operating:

Operating lease cost

Selling, general and administrative expenses

26.7

Short-term lease cost

Selling, general and administrative expenses

3.5

Variable lease cost

Selling, general and administrative expenses

6.7

Financing:

Amortization of ROU assets

Selling, general and administrative expenses

0.4

Interest on lease liabilities

Other income (expense), net

0.2

Total lease cost

37.5

Supplemental consolidated balance sheet information related to leases

Supplemental consolidated balance sheet information related to leases was as follows (in millions of dollars):

Description

Balance Sheet Location

As of Year-End 2019

ROU Assets:

Operating

Operating lease right-of-use assets

60.4

Financing

Property and equipment

4.1

Total lease assets

64.5

ROU Liabilities:

Operating - current

Operating lease liabilities, current

20.1

Financing - current

Accounts payable and accrued liabilities

1.3

Operating - noncurrent

Operating lease liabilities, noncurrent

43.3

Financing - noncurrent

Other long-term liabilities

2.1

Total lease liabilities

66.8

Schedule of lease terms and discount rates

Weighted average remaining lease terms and discount rates were as follows:


	December Year to Date
	2019
Weighted average remaining lease term (years):
Operating leases	3.9
Financing leases	3.6
Weighted average discount rate:
Operating leases	5.7	%
Financing leases	4.9	%

Other information related to leases

Other information related to leases was as follows (in millions of dollars):


	December Year to Date
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	26.0
Financing cash flows from financing leases	0.7

ROU assets obtained in exchange for new lease obligations:
Operating leases	$	9.2
Financing leases	4.1

Maturities of operating lease liabilities under ASC 842

Maturities of lease liabilities as of year-end 2019 were as follows (in millions of dollars):


	Operating Leases		Financing Leases
2020	$	23.1	$	1.5
2021	18.3		1.2
2022	13.0		1.1
2023	7.5		—
2024	4.3		—
Thereafter	4.4		—
Total future lease payments	70.6		3.8
Less: Imputed interest	7.2		0.4
Total	$	63.4	$	3.4

Maturity of financing leases

Maturities of lease liabilities as of year-end 2019 were as follows (in millions of dollars):


	Operating Leases		Financing Leases
2020	$	23.1	$	1.5
2021	18.3		1.2
2022	13.0		1.1
2023	7.5		—
2024	4.3		—
Thereafter	4.4		—
Total future lease payments	70.6		3.8
Less: Imputed interest	7.2		0.4
Total	$	63.4	$	3.4

Maturities of operating lease liabilities under ASC 840

Maturities of operating leases accounted for under ASC 840 as of year-end 2018 were as follows (in millions of dollars):


Fiscal year:
2019	$	26.7
2020	20.4
2021	15.2
2022	9.8
2023	4.7
Later years	4.9
Total	$	81.7

Revenue - Revenue by Country (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenue from services	$ 5,355.6	$ 5,513.9	$ 5,374.4
United States
Disaggregation of Revenue [Line Items]
Revenue from services	3,892.5	3,930.0
Canada
Disaggregation of Revenue [Line Items]
Revenue from services	136.1	142.4
Mexico
Disaggregation of Revenue [Line Items]
Revenue from services	123.6	125.0
Puerto Rico
Disaggregation of Revenue [Line Items]
Revenue from services	74.6	96.6
Brazil
Disaggregation of Revenue [Line Items]
Revenue from services	34.1	35.2
Total Americas
Disaggregation of Revenue [Line Items]
Revenue from services	4,260.9	4,329.2
France
Disaggregation of Revenue [Line Items]
Revenue from services	248.6	278.9
Switzerland
Disaggregation of Revenue [Line Items]
Revenue from services	200.7	212.7
Portugal
Disaggregation of Revenue [Line Items]
Revenue from services	179.8	196.9
Russia
Disaggregation of Revenue [Line Items]
Revenue from services	117.6	100.4
United Kingdom
Disaggregation of Revenue [Line Items]
Revenue from services	103.1	108.8
Italy
Disaggregation of Revenue [Line Items]
Revenue from services	75.9	77.5
Germany
Disaggregation of Revenue [Line Items]
Revenue from services	41.6	57.1
Ireland
Disaggregation of Revenue [Line Items]
Revenue from services	33.1	44.6
Other
Disaggregation of Revenue [Line Items]
Revenue from services	67.5	85.6
Total EMEA
Disaggregation of Revenue [Line Items]
Revenue from services	1,067.9	1,162.5
Total APAC
Disaggregation of Revenue [Line Items]
Revenue from services	$ 26.8	$ 22.2

Restructuring - Summary of Restructuring Reserve (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 29, 2019
Restructuring Reserve [Roll Forward]
Balance at beginning of year				$ 0.0	$ 0.0
Additions charged to reserve	$ (0.1)	$ (0.1)	$ (0.6)	$ 6.3	5.5
Reductions for cash payments					(5.2)
Accrual adjustments					(0.8)
Balance at end of year	$ 0.3				0.3
Americas Staffing
Restructuring Reserve [Roll Forward]
Additions charged to reserve					$ 6.3

Income Taxes - Net Tax Effect of State and Foreign Loss Carryforwards (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Operating Loss Carryforwards [Line Items]
No expiration	$ 29.1
Loss carryforwards	30.4	$ 30.8
2020-2021
Operating Loss Carryforwards [Line Items]
Subject to expiration	0.5
2022-2036
Operating Loss Carryforwards [Line Items]
Subject to expiration	$ 0.8

Other Assets

12 Months Ended

Dec. 29, 2019

Other Assets [Abstract]

Other Assets

Included in other assets are the following:


	2019		2018
	(In millions of dollars)
Life insurance cash surrender value (see Retirement Benefits footnote)	$	200.6	$	172.5
French CICE ⁽¹⁾	18.2		26.4
Intangibles, net of accumulated amortization of $24.7 million in 2019 and $19.6 million in 2018 ⁽²⁾	49.9		16.5
Long-term customer receivable	12.4		12.4
Workers' compensation and other claims receivable ⁽³⁾	7.7		8.6
Other ⁽⁴⁾	35.3		28.8

Other assets	$	324.1	$	265.2

⁽¹⁾ French CICE is a wage subsidy receivable related to a law to enhance the competitiveness of businesses in France.

⁽²⁾ See Goodwill and Intangible Assets footnote for a detailed listing of intangible assets and related accumulated amortization.

⁽³⁾ Workers’ compensation and other claims receivable represents receivables from the insurance company for U.S. workers’ compensation and automobile liability claims in excess of the applicable loss limits.

⁽⁴⁾ The increase in Other as of year-end 2019 is primarily due to $4.4 million related to loans to our equity affiliate (see Investment in PersolKelly Asia Pacific footnote) and $1.0 million related to an additional minority investment in Kenzie Academy Inc. (see Fair Value Measurements footnote).

Leases - Other Information Related to Operating Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Leases [Abstract]
Operating cash flows from operating leases	$ 26.0
Financing cash flows from operating leases	0.7	$ 0.0	$ 0.0
ROU assets obtained in exchange for new operating lease liabilities	9.2
ROU assets obtained in exchange for new financing lease liabilities	$ 4.1

Segment Disclosures - Summary of Long-Lived Assets By Geographic Area (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 103.5	$ 86.3
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	73.1	76.8
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 30.4	$ 9.5

Supplemental Cash Flow Information - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Interest paid	$ 3.2	$ 1.6	$ 1.9
Income taxes paid	17.7	18.3	20.1
Non-cash capital expenditures	$ 1.6	$ 1.8	$ 3.0

Stockholders' Equity (Tables)

12 Months Ended

Dec. 29, 2019

Stockholders' Equity Note [Abstract]

Changes in Accumulated Other Comprehensive Income by Component, Net of Tax

The changes in accumulated other comprehensive income (loss) by component, net of tax, during 2019, 2018 and 2017 are included in the table below. Amounts in parentheses indicate debits. See Investment in Persol Holdings footnote for a description of the cumulative-effect adjustment from the adoption of ASU 2016-01.


	2019			2018			2017
	(In millions of dollars)
Foreign currency translation adjustments:
Beginning balance	$	(15.7)		$	(6.9)		$	(23.3)
Other comprehensive income (loss) before classifications	2.5			(8.4)			16.4
Amounts reclassified from accumulated other comprehensive income	—		⁽¹⁾	(0.4)		⁽¹⁾	—		⁽¹⁾
Net current-period other comprehensive income (loss)	2.5			(8.8)			16.4
Ending balance	(13.2)			(15.7)			(6.9)

Unrealized gains and losses on investment:
Beginning balance	—			140.0			83.8
Cumulative-effect adjustment from adoption of ASU 2016-01, Financial Instruments	—			(140.0)			—
Other comprehensive income (loss) before classifications	—			—			56.2
Amounts reclassified from accumulated other comprehensive income	—			—			—
Net current-period other comprehensive income (loss)	—			(140.0)			56.2
Ending balance	—			—			140.0

Pension liability adjustments:
Beginning balance	(1.4)			(2.3)			(1.8)
Other comprehensive income (loss) before classifications	(1.3)			0.8			(0.6)
Amounts reclassified from accumulated other comprehensive income	0.1		⁽²⁾	0.1		⁽²⁾	0.1		⁽²⁾
Net current-period other comprehensive income (loss)	(1.2)			0.9			(0.5)
Ending balance	(2.6)			(1.4)			(2.3)

Total accumulated other comprehensive income (loss)	$	(15.8)		$	(17.1)		$	130.8

(1)Amount was recorded in the other expense, net line item in the consolidated statements of earnings.

(2)Amount was recorded in the SG&A expenses line item in the consolidated statements of earnings.

Retirement Benefits - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Liability for nonqualified plans	$ 202.7	$ 174.8
Earnings (loss) included in SG&A expenses	32.5	(8.6)	$ 22.3
Life insurance cash surrender value	200.6	172.5
Proceeds from company-owned life insurance	3.0	7.9	0.0
Tax-free earnings (loss) included in SG&A expenses	32.2	(8.8)	22.3
Net expense for retirement benefits	9.1	9.5	8.6
Benefit obligation	14.8	11.7
Fair value of plan assets	9.8	7.9
Unfunded liability	5.0	3.8
Pension expense	$ 0.3	$ 0.5	$ 0.4

Stock-Based Compensation - Summary of Status of Nonvested Performance Share Awards (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Performance Shares, Financial Measure
Performance Shares
Nonvested, beginning balance (in shares)	481
Granted (in shares)	260
Vested (in shares)	(188)
Forfeited (in shares)	(51)
Nonvested, ending balance (in shares)	502	481
Weighted Average Grant Date Fair Value
Nonvested weighted average grant date fair value, beginning balance (in dollars per share)	$ 23.58
Granted (in dollars per share)	25.34
Vested (in dollars per share)	28.05
Forfeited (in dollars per share)	25.14
Nonvested weighted average grant date fair value, ending balance (in dollars per share)	$ 24.21	$ 23.58
Performance Shares, Total Shareholder Return
Performance Shares
Nonvested, beginning balance (in shares)	173
Granted (in shares)	0	59	101
Vested (in shares)	(55)
Forfeited (in shares)	(4)
Nonvested, ending balance (in shares)	114	173
Weighted Average Grant Date Fair Value
Nonvested weighted average grant date fair value, beginning balance (in dollars per share)	$ 23.56
Granted (in dollars per share)	0
Vested (in dollars per share)	19.73
Forfeited (in dollars per share)	28.99
Nonvested weighted average grant date fair value, ending balance (in dollars per share)	$ 25.24	$ 23.56

Investment in Persol Holdings	12 Months Ended
Investment in Persol Holdings	Dec. 29, 2019
Investment in Persol Holdings [Abstract]
Investment in Persol Holdings	Investment in Persol HoldingsThe Company has a yen-denominated investment in the common stock of Persol Holdings, the Company’s joint venture partner in PersolKelly Asia Pacific. As our investment is a noncontrolling interest in Persol Holdings, this investment is recorded at fair value based on the quoted market price of Persol Holdings stock on the Tokyo Stock Exchange as of the period end (see Fair Value Measurements footnote). The Company adopted ASU 2016-01 and as a result, effective January 1, 2018, all changes in fair value on the investment are recognized in net earnings which previously were recorded in other comprehensive income. A cumulative catch-up adjustment of the prior net unrealized gains previously recorded in other comprehensive income, and in accumulated other comprehensive income (loss), a component of stockholders’ equity, was recorded in earnings invested in the business as of January 1, 2018 for $140.0 million, net of $69.9 million of taxes. For the year ended 2019, a gain on the investment of $35.8 million was recorded entirely in the gain (loss) on investment in Persol Holdings in the consolidated statements of earnings. For the year ended 2018, a loss on the investment of $96.2 million was recorded entirely in the gain (loss) on investment in Persol Holdings in the consolidated statements of earnings.

Stockholders' Equity - Narrative (Details) - shares	Dec. 29, 2019	Dec. 30, 2018
Class A common stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	100,000,000	100,000,000.0
Class B common stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	10,000,000	10,000,000.0

Leases - Supplemental Consolidated Balance Sheet Information Related to Leases (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
ROU Assets:
Operating lease right-of-use assets	$ 60.4	$ 0.0
Finance lease, right-of-use assets	4.1
Total lease assets	64.5
ROU Liabilities:
Operating lease current liabilities	20.1	0.0
Finance lease current liabilities	1.3
Operating lease noncurrent liabilities	43.3	$ 0.0
Finance lease noncurrent liabilities	2.1
Total lease liabilities	$ 66.8

Retirement Benefits	12 Months Ended
Retirement Benefits	Dec. 29, 2019
Retirement Benefits [Abstract]
Retirement Benefits	Retirement Benefits U.S. Defined Contribution Plans The Company provides a qualified defined contribution plan covering substantially all U.S.-based full-time employees, except officers and certain other employees. The plan offers a savings feature with Company matching contributions. Assets of this plan are held by an independent trustee for the sole benefit of participating employees. A nonqualified plan is provided for officers and certain other employees. This plan includes provisions for salary deferrals and Company matching contributions. In addition to the plans above, the Company also provides a qualified plan and a nonqualified plan to certain U.S.-based temporary employees. The liability for the nonqualified plans was $202.7 million and $174.8 million as of year-end 2019 and 2018, respectively, and is included in current accrued payroll and related taxes and noncurrent accrued retirement benefits in the consolidated balance sheet. The cost of participants’ earnings or loss on this liability, which were included in SG&A expenses in the consolidated statements of earnings, were earnings of $32.5 million in 2019, a loss of $8.6 million in 2018 and earnings of $22.3 million in 2017. In connection with the administration of these plans, the Company has purchased company-owned variable universal life insurance policies insuring the lives of certain current and former officers and key employees. The cash surrender value of these policies, which is based primarily on investments in mutual funds and can only be used for payment of the Company’s obligations related to the nonqualified deferred compensation plan noted above, was $200.6 million and $172.5 million at year-end 2019 and 2018, respectively. The cash surrender value of these insurance policies is included in other assets in the consolidated balance sheet. During 2019 and 2018, proceeds of $3.0 million and $7.9 million, respectively, were received in connection with these policies. Tax-free earnings or loss on these assets, which were included in SG&A expenses in the consolidated statements of earnings and which offset the related earnings or loss on the liability, were earnings of $32.2 million in 2019, a loss of $8.8 million in 2018 and earnings of $22.3 million in 2017. The net expense for retirement benefits for the qualified and nonqualified plans, including Company matching contributions for full-time employees, totaled $9.1 million in 2019, $9.5 million in 2018 and $8.6 million in 2017. This expense is included in total SG&A expenses in the consolidated statements of earnings. The expense related to retirement plan contributions for temporary employees, which is included in cost of services, is reimbursed by our customers. International Defined Benefit Plans The Company has several defined benefit pension plans in locations outside of the United States. The total projected benefit obligation, assets and unfunded liability for these plans as of year-end 2019 were $14.8 million, $9.8 million and $5.0 million, respectively. The total projected benefit obligation, assets and unfunded liability for these plans as of year-end 2018 were $11.7 million, $7.9 million and $3.8 million, respectively. Total pension expense for these plans was $0.3 million in 2019, $0.5 million in 2018 and $0.4 million in 2017. Pension contributions and the amount of accumulated other comprehensive income expected to be recognized in 2020 are not significant.

Earnings Per Share - Narrative (Details) - $ / shares	3 Months Ended								12 Months Ended
Earnings Per Share - Narrative (Details) - $ / shares	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dividends per share (in dollars per share)	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.30	$ 0.30
Class A common stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dividends per share (in dollars per share)									0.30	0.30	$ 0.30
Class B common stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dividends per share (in dollars per share)									$ 0.30	$ 0.30	$ 0.30

Investment in PersolKelly Asia Pacific	12 Months Ended
Investment in PersolKelly Asia Pacific	Dec. 29, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment in PersolKelly Asia Pacific	Investment in PersolKelly Asia Pacific The Company has a 49% ownership interest in PersolKelly Asia Pacific, a staffing solutions business operating in more than 10 countries in the Asia-Pacific region. The operating results of the Company’s interest in PersolKelly Asia Pacific are accounted for on a one-quarter lag under the equity method and are reported in equity in net earnings (loss) of affiliate in the consolidated statements of earnings, which amounted to a loss of $3.6 million in 2019, and earnings of $5.2 million in 2018 and $2.7 million in 2017. This investment is evaluated for indicators of impairment on a periodic basis or whenever events or circumstances indicate the carrying amount may be other-than-temporarily impaired. If we conclude that there is an other-than-temporary impairment of this equity method investment, we will adjust the carrying amount of the investment to the current fair value. The investment in equity affiliate on the Company’s consolidated balance sheet totaled $117.2 million as of year-end 2019 and $121.3 million as of year-end 2018. The net amount due from PersolKelly Asia Pacific, a related party, was $10.9 million as of year-end 2019 and $10.2 million as of year-end 2018. The Company made loans, proportionate to its 49% ownership, to PersolKelly Asia Pacific for $7.0 million in 2018 and an additional $4.4 million in the third quarter of 2019 to fund working capital requirements as a result of their sustained revenue growth. The loans, which are outstanding as of year-end 2019, are included in other assets in the consolidated balance sheet and included in the net amounts due from PersolKelly Asia Pacific. The carrying value of the loans approximates the fair value based on market interest rates. The amount included in trade accounts payable for staffing services provided by PersolKelly Asia Pacific as a supplier to secondary supplier programs was $0.2 million as of year-end 2019 and 2018. In 2017, TS Kelly Workforce Solutions, a previous joint venture which was transferred to PersolKelly Asia Pacific in the first quarter of 2017, made a loan repayment of $0.6 million to the Company.

Other Assets - Schedule of Other Assets (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Other Assets [Abstract]
Life insurance cash surrender value	$ 200.6	$ 172.5
French CICE	18.2	26.4
Intangibles, net of accumulated amortization	49.9	16.5
Long-term customer receivable	12.4	12.4
Workers' compensation receivable	7.7	8.6
Other	35.3	28.8
Other assets	$ 324.1	$ 265.2

Contingencies - Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Loss Contingencies [Line Items]
Accrual for litigation costs	$ 9.9	$ 12.8
Insurance recoveries	7.7	8.6
Gain contingency amount	10.0
Minimum
Loss Contingencies [Line Items]
Loss contingency, portion not accrued	0.0
Maximum
Loss Contingencies [Line Items]
Loss contingency, portion not accrued	2.6
Prepaid Expenses and Other Current Assets
Loss Contingencies [Line Items]
Insurance recoveries	$ 4.1	$ 6.1

Segment Disclosures (Tables)

12 Months Ended

Dec. 29, 2019

Segment Reporting [Abstract]

Segment Revenue from Services

The following tables present information about the reported revenue from services and gross profit of the Company by segment, along with a reconciliation to consolidated earnings (loss) before taxes and equity in net earnings (loss) of affiliate, for 2019, 2018 and 2017. Asset information by reportable segment is not presented, since the Company does not produce such information internally nor does it use such data to manage its business.


	2019		2018		2017
	(In millions of dollars)
Revenue from Services:
Americas Staffing	$	2,320.1	$	2,417.7	$	2,345.9
Global Talent Solutions	2,024.5		1,997.4		1,998.9
International Staffing	1,025.9		1,116.6		1,048.2

Less: Intersegment revenue	(14.9)		(17.8)		(18.6)

Consolidated Total	$	5,355.6	$	5,513.9	$	5,374.4

Segment Earnings from Operations


	2019		2018		2017
	(In millions of dollars)
Earnings from Operations:
Americas Staffing gross profit	$	429.5	$	441.3	$	429.1
Americas Staffing SG&A expenses	(372.7)		(364.2)		(346.4)
Americas Staffing Earnings from Operations	56.8		77.1		82.7

Global Talent Solutions gross profit	400.5		381.1		373.7
Global Talent Solutions SG&A expenses	(293.1)		(296.5)		(296.7)
Global Talent Solutions Earnings from Operations	107.4		84.6		77.0

International Staffing gross profit	140.5		152.3		153.7
International Staffing SG&A expenses	(125.3)		(132.3)		(131.6)
International Staffing Earnings from Operations	15.2		20.0		22.1

Less: Intersegment gross profit	(2.1)		(2.5)		(2.4)
Less: Intersegment SG&A expenses	2.1		2.5		2.4
Net Intersegment Activity	—		—		—

Corporate	(97.6)		(94.3)		(98.5)
Consolidated Total	81.8		87.4		83.3
Gain (loss) on investment in Persol Holdings	35.8		(96.2)		—

Other expense, net	(1.2)		(0.6)		(1.6)

Earnings (loss) before taxes and equity in net earnings (loss) of affiliate	$	116.4	$	(9.4)	$	81.7

Summary of Revenue From Services by Geographic Area

A summary of revenue from services by geographic area for 2019, 2018 and 2017 follows:


	2019		2018		2017
	(In millions of dollars)
Revenue from Services:
United States	$	3,892.5	$	3,930.0	$	3,894.6
International	1,463.1		1,583.9		1,479.8

Total	$	5,355.6	$	5,513.9	$	5,374.4

Summary of Long-Lived Assets By Geographic Area

A summary of long-lived assets information by geographic area as of year-end 2019 and 2018 follows:


	2019		2018
	(In millions of dollars)
Long-Lived Assets:
United States	$	73.1	$	76.8
International	30.4		9.5

Total	$	103.5	$	86.3

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 29, 2019

Accounting Policies [Abstract]

Property and Equipment at Cost and Depreciable Useful Lives

Cost and estimated useful lives of property and equipment by function are as follows:


Category	2019		2018		Life
	(In millions of dollars)
Land	$	—	$	3.8		—
Work in process	2.7		12.2			—
Buildings and improvements	13.0		65.3		15	to	40 years
Computer hardware and software	153.1		153.3		3	to	12 years
Equipment, furniture and fixtures	34.1		34.6			5	years
Leasehold improvements	22.9		25.5		The lesser of the life of the lease or 5 years.
Total property and equipment	$	225.8	$	294.7

Income Taxes - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
Income Taxes - Narrative (Details) - USD ($)	Sep. 30, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017	Jan. 01, 2017
Income Taxes [Line Items]
Loss carryforwards		$ 30,400,000	$ 30,800,000
U.S. statutory rate		21.00%	21.00%	35.00%
Income tax expense (benefit)		$ 400,000	$ (27,100,000)	$ 12,800,000
Income tax benefit from tax-exempt income on life insurance policies		(6,500,000)
Valuation allowance		19,000,000.0	27,800,000
Deferred tax asset revaluation, income tax expense				13,900,000
Provisional income tax expense				0
Actual transition tax	$ 0
Undistributed earnings of foreign subsidiaries		135,300,000
Unrecognized tax benefits		900,000	1,100,000	1,200,000	$ 1,400,000
Unrecognized tax benefits that would impact effective tax rate		800,000	900,000	$ 1,000,000.0
Unrecognized tax benefits, income tax penalties and interest accrued		200,000	200,000
Significant change in unrecognized tax benefits is reasonably possible, amount of unrecorded benefit		500,000
General Business Tax Credit Carryforward
Income Taxes [Line Items]
General business credit carryforward		160,900,000
Foreign Tax Credit Carryforward
Income Taxes [Line Items]
General business credit carryforward		6,000,000.0
State Credit Carryforward
Income Taxes [Line Items]
General business credit carryforward		200,000
Pro Forma
Income Taxes [Line Items]
Potential repatriation of foreign earnings amount		9,100,000
Germany
Income Taxes [Line Items]
Valuation allowance		3,900,000
United Kingdom
Income Taxes [Line Items]
Income tax expense (benefit)		(14,300,000)
Persol Holdings Investment
Income Taxes [Line Items]
Income tax expense (benefit)		$ 11,000,000.0	$ (29,400,000)

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 29, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Prior to October 9, 2018, Terence E. Adderley, the former Executive Chairman and Chairman of the Board of our board of directors, and certain trusts with respect to which he acts as trustee or co-trustee, controlled approximately 91.5% of the outstanding shares of Kelly Class B common stock, which is the only class of our common stock entitled to voting rights. Mr. Adderley received compensation relative to his services as executive chairmen of the Company prior to his retirement. There were no material transactions between the Company and Terence E. Adderley in 2018 or 2017. The Terence E. Adderley Revocable Trust K (“Trust K”), which became irrevocable upon the death of Terence E. Adderley on October 9, 2018, now controls approximately 91.5% of the outstanding shares of Kelly Class B common stock. There were no material transactions between the Company and Trust K or its trustees in 2019, 2018 or 2017. See Investment in PersolKelly Asia Pacific footnote for a description of related party activity with PersolKelly Asia Pacific.

Income Taxes - Differences Between Income Taxes From Continuing Operations and U.S. Statutory Rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax based on statutory rate	$ 24.4	$ (2.0)	$ 28.6
State income taxes, net of federal benefit	1.1	3.2	1.6
Foreign tax rate differential	4.6	(8.3)	(1.5)
General business credits	(16.7)	(22.6)	(18.1)
Life insurance cash surrender value	(6.5)	2.1	(7.4)
Foreign items	0.8	1.9	(1.3)
GILTI, net of foreign tax credit	0.5	0.5	0.0
Foreign-derived intangible income	(0.9)	(0.9)	0.0
Foreign business taxes	3.8	4.2	4.0
Non-deductible expenses	0.7	2.6	1.3
Tax law change	(0.2)	(0.5)	13.9
Change in deferred tax realizability	(10.6)	(4.3)	(7.8)
Stock compensation	(0.6)	(3.0)	(0.7)
Other, net	0.0	0.0	0.2
Total provision	$ 0.4	$ (27.1)	$ 12.8

Leases - Maturities of Operating and Financing Lease Liabilities (Details) $ in Millions	Dec. 29, 2019 USD ($)
Operating Leases
2020	$ 23.1
2021	18.3
2022	13.0
2023	7.5
2024	4.3
Thereafter	4.4
Total future lease payments	70.6
Less: Imputed interest	7.2
Total	63.4
Financing Leases
2020	1.5
2021	1.2
2022	1.1
2023	0.0
2024	0.0
Thereafter	0.0
Total future lease payments	3.8
Less: Imputed interest	0.4
Total	$ 3.4

Income Taxes - Deferred Tax Balance Classified in Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Income Tax Disclosure [Abstract]
Deferred tax asset	$ 229.1	$ 198.7
Other long-term liabilities	(43.1)	(31.5)
Deferred tax assets, net	$ 186.0	$ 167.2

Income Taxes - Provision for Income Taxes From Continuing Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Current tax expense:
U.S. federal	$ 4.7	$ 6.1	$ 6.6
U.S. state and local	3.0	3.1	2.4
Foreign	11.0	11.2	9.7
Total current	18.7	20.4	18.7
Deferred tax (benefit) expense:
U.S. federal	(19.4)	(15.6)	0.4
U.S. state and local	(1.6)	1.0	0.1
Foreign	2.7	(32.9)	(6.4)
Total deferred	(18.3)	(47.5)	(5.9)
Total provision	$ 0.4	$ (27.1)	$ 12.8

Acquisitions (Tables)

12 Months Ended

Dec. 29, 2019

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	3.5
Trade accounts receivable	19.7
Other current assets	0.3
Goodwill	13.7
Intangibles	21.5
Other noncurrent assets	0.5
Current liabilities	(4.9)
Purchase price paid, including working capital adjustments	$	54.3

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	0.1
Trade accounts receivable	13.9
Other current assets	0.1
Goodwill	6.8
Intangibles	17.3
Other noncurrent assets	0.4
Current liabilities	(2.9)
Purchase price paid, including working capital adjustments	$	35.7

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	1.8
Other current assets	3.6
Goodwill	18.7
Intangibles	18.3
Other noncurrent assets	0.5
Current liabilities	(3.9)
Purchase price paid at closing	$	39.0

Business Acquisition, Pro Forma Information

The following unaudited pro forma information presents a summary of the operating results as if the NextGen and GTA acquisitions had been completed as of January 1, 2018 (in millions of dollars, except per share data):


	December Year to Date
	2019		2018
Pro forma revenues	$	5,355.6	$	5,624.2
Pro forma net earnings	112.4		29.8
Pro forma basic earnings per share	2.85		0.76
Pro forma diluted earnings per share	2.84		0.75

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 29, 2019	Feb. 02, 2020	Jun. 30, 2019
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 29, 2019
Document Transition Report	false
Entity File Number	0-1088
Entity Registrant Name	KELLY SERVICES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	38-1510762
Entity Address, Address Line One	999 West Big Beaver Road
Entity Address, City or Town	Troy
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48084
City Area Code	248
Local Phone Number	362-4444
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 873.3
Documents Incorporated by Reference	The proxy statement of the registrant with respect to its 2020 Annual Meeting of Stockholders is incorporated by reference in Part III.
Current Fiscal Year End Date	--12-29
Amendment Flag	false
Entity Central Index Key	0000055135
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		35,690,197
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,427,518
NASDAQ Global Market \| Class A common stock
Document Information [Line Items]
Title of 12(b) Security	Class A Common
Trading Symbol	KELYA
Security Exchange Name	NASDAQ
NASDAQ Global Market \| Class B common stock
Document Information [Line Items]
Title of 12(b) Security	Class B Common
Trading Symbol	KELYB
Security Exchange Name	NASDAQ

Contingencies	12 Months Ended
Contingencies	Dec. 29, 2019
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is continuously engaged in litigation, threatened litigation, or investigations arising in the ordinary course of its business, such as matters alleging auto liability, employment discrimination, wage and hour violations, claims for indemnification or liability, or violations of privacy rights, anti-competition regulations, breach of contract and claims or actions related to customer or supplier bankruptcy proceedings or insolvency actions, which could result in a material adverse outcome. We record accruals for loss contingencies when we believe it is probable that liability has been incurred and the amount of loss can be reasonably estimated. Such accruals are recorded in accounts payable and accrued liabilities and in accrued workers’ compensation and other claims in the consolidated balance sheet. At year-end 2019 and 2018, the gross accrual for litigation costs amounted to $9.9 million and $12.8 million, respectively. The Company maintains insurance coverage which may cover certain claims. When claims exceed the applicable policy deductible and realization of recovery of the claim from existing insurance policies is deemed probable, the Company records receivables from the insurance company for the excess amount, which are included in prepaid expenses and other current assets in the consolidated balance sheet. At year-end 2019 and 2018, the related insurance recoveries amounted to $4.1 million and $6.1 million, respectively. The Company estimates the aggregate range of reasonably possible losses, in excess of amounts accrued, is zero to $2.6 million as of year-end 2019. This range includes matters where a liability has been accrued but it is reasonably possible that the ultimate loss may exceed the amount accrued and for matters where a loss is believed to be reasonably possible, but a liability has not been accrued. The aggregate range only represents matters in which we are currently able to estimate a range of loss and does not represent our maximum loss exposure. The estimated range is subject to significant judgment and a variety of assumptions and only based upon currently available information. For other matters, we are currently not able to estimate the reasonably possible loss or range of loss. While the ultimate outcome of these matters cannot be predicted with certainty, we believe that the resolution of any such proceedings will not have a material adverse effect on our financial condition, results of operations or cash flows. We are also currently engaged in litigation with a customer over a disputed accounts receivable balance for services rendered, which is recorded as a long-term receivable in other assets in the consolidated balance sheet. While we believe the balance of approximately $10 million is collectible, there is a reasonably possible risk of an unfavorable outcome.

Debt	12 Months Ended
Debt	Dec. 29, 2019
Debt Disclosure [Abstract]
Debt	Debt Short-Term Debt On December 5, 2019, the Company entered into an agreement with its lenders to amend and restate its existing $150.0 million, five-year revolving credit facility (the "Facility"). The amendment increased the size to $200.0 million and changed certain of the terms and conditions, with a new maturity date of December 5, 2024. The Facility allows for borrowings in various currencies and is available to be used to fund working capital, acquisitions and general corporate needs. On December 5, 2019, the Company also entered into an Amended and Restated Pledge and Security Agreement under which the Company pledges certain assets as security for this credit facility, excluding U.S. trade accounts receivable. At year-end 2019, there were no borrowings under the Facility and a remaining borrowing capacity of $200.0 million. At year-end 2018, there were no borrowings under the Facility and the remaining borrowing capacity was $150.0 million. To maintain availability of the funds, we pay a facility fee on the full amount of the Facility, regardless of usage. The facility fee varies based on the Company’s leverage ratio as defined in the agreement. The Facility, which contains a cross-default clause that could result in termination if defaults occur under our other loan agreements, had a facility fee of 15.0 basis points at year-end 2019 and 17.5 basis points at year-end 2018. The Facility’s financial covenants and restrictions are described below, all of which were met at year-end 2019: •We must maintain a certain minimum ratio of earnings before interest, taxes, depreciation, amortization and certain cash and non-cash charges that are non-recurring in nature (“EBITDA”) to interest expense (“Interest Coverage Ratio”) as of the end of any fiscal quarter. •We must maintain a certain maximum ratio of total indebtedness to the sum of net worth and total indebtedness at all times. •Dividends, stock buybacks and similar transactions are limited to certain maximum amounts. •We must adhere to other operating restrictions relating to the conduct of business, such as certain limitations on asset sales and the type and scope of investments. On December 5, 2019, the Company and Kelly Receivables Funding, LLC, a wholly owned bankruptcy remote special purpose subsidiary of the Company (the “Receivables Entity”), amended the Receivables Purchase Agreement related to the $200.0 million securitization facility (the “Securitization Facility”). The amendment decreased the size to $150.0 million and changed certain of the terms and conditions, with a new maturity date of December 5, 2022, unless terminated earlier pursuant to its terms. Under the Securitization Facility, the Company will sell certain trade receivables and related rights (“Receivables”), on a revolving basis, to the Receivables Entity. The Receivables Entity may from time to time sell an undivided variable percentage ownership interest in the Receivables. The Securitization Facility, which contains a cross-default clause that could result in termination if defaults occur under our other loan agreements, also allows for the issuance of standby letters of credit (“SBLC”) and contains certain restrictions based on the performance of the Receivables. As of year-end 2019, the Securitization Facility had no short-term borrowings, SBLCs of $52.3 million related to workers’ compensation at a rate of 0.90% and a remaining capacity of $97.7 million. As of year-end 2018, the Securitization Facility had no short-term borrowings, SBLCs of $55.0 million related to workers’ compensation at a rate of 0.90% and a remaining capacity of $145.0 million. The rate for short-term borrowings includes the LIBOR interest rate and a utilization rate on the amount of our borrowings. The rates for the SBLCs represent a utilization rate on the outstanding amount of the SBLCs. In addition, we pay a commitment fee of 40 basis points on the unused capacity. The Receivables Entity’s sole business consists of the purchase or acceptance through capital contributions of trade accounts receivable and related rights from the Company. As described above, the Receivables Entity may retransfer these receivables or grant a security interest in those receivables under the terms and conditions of the Receivables Purchase Agreement. The Receivables Entity is a separate legal entity with its own creditors who would be entitled, if it were ever liquidated, to be satisfied out of its assets prior to any assets or value in the Receivables Entity becoming available to its equity holders, the Company. The assets of the Receivables Entity are not available to pay creditors of the Company or any of its other subsidiaries, until the creditors of the Receivables Entity have been satisfied. The assets and liabilities of the Receivables Entity are included in the consolidated financial statements of the Company. The Company had total unsecured, uncommitted short-term local credit facilities of $11.1 million as of year-end 2019. There were $1.1 million borrowings under these lines at year-end 2019, compared to $2.2 million at year-end 2018. The weighted average interest rate for these borrowings, which were related to Malaysia, Brazil and India at year-end 2019 and primarily related to India at year-end 2018, was 6.76% at year-end 2019 and 8.42% at year-end 2018. Included in short-term borrowings at year-end 2019 was $0.8 million of bank overdrafts.

Other Assets - Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Jun. 30, 2019	Dec. 30, 2018
Business Acquisition [Line Items]
Intangible assets, accumulated amortization	$ 10.3		$ 5.0
Advances to PersolKelly Asia Pacific	4.4
Kenzie Academy Inc.
Business Acquisition [Line Items]
Equity securities without readily determinable fair value, amount	1.0	$ 1.0
Other Assets
Business Acquisition [Line Items]
Intangible assets, accumulated amortization	$ 24.7		$ 19.6

Income Taxes - Deferred Taxes (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Components of Deferred Tax Assets and Liabilities
Depreciation and amortization	$ (13.3)	$ (15.6)
Employee compensation and benefit plans	58.4	52.0
Workers’ compensation	14.8	15.0
Unrealized gain on securities	(42.5)	(30.9)
Investment in equity affiliate	(13.8)	(15.8)
Loss carryforwards	30.4	30.8
Credit carryforwards	167.1	155.6
Other, net	3.9	3.9
Valuation allowance	(19.0)	(27.8)
Deferred tax assets, net	$ 186.0	$ 167.2

Subsequent Events - Narrative (Details) - Insight Workforce Solutions LLC - Subsequent Event $ in Millions	Jan. 14, 2020 USD ($) Rate
Subsequent Event [Line Items]
Ownership percentage acquired (percent) \| Rate	100.00%
Purchase price of acquisition	$ 34.5
Possible future contingent consideration	$ 11.4

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net earnings	$ 112.4	$ 22.9	$ 71.6
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax benefit of $0.1 million, tax benefit of $0.4 million and tax expense of $0.2 million, respectively	2.5	(8.4)	16.4
Less: Reclassification adjustments included in net earnings	0.0	(0.4)	0.0
Foreign currency translation adjustments	2.5	(8.8)	16.4
Unrealized gains (losses) on investment, net of tax expense of $0.0 million, $0.0 million and $30.2 million, respectively	0.0	0.0	56.2
Pension liability adjustments, net of tax benefit of $0.3 million, tax expense of $0.2 million and tax benefit of $0.1 million, respectively	(1.3)	0.8	(0.6)
Less: Reclassification adjustments included in net earnings	0.1	0.1	0.1
Pension liability adjustments	(1.2)	0.9	(0.5)
Other comprehensive income (loss)	1.3	(7.9)	72.1
Comprehensive income	$ 113.7	$ 15.0	$ 143.7

Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common Stock Class A common stock, Capital Stock	Common Stock Class B common stock, Capital Stock	Treasury Stock Class A common stock, Treasury Stock	Treasury Stock Class B common stock, Treasury Stock	Paid-in Capital	Earnings Invested in the Business	Accumulated Other Comprehensive Income (Loss)
Balance at beginning of year at Jan. 01, 2017		$ 36.6	$ 3.5	$ (38.4)	$ (0.6)	$ 28.6	$ 923.6	$ 58.7
Increase (Decrease) in Stockholders' Equity
Net issuance of stock awards				3.8	0.0	3.6
Net earnings	$ 71.6						71.6
Dividends							(11.6)
Other comprehensive income (loss), net of tax	72.1							72.1
Balance at end of year at Dec. 31, 2017	1,151.5	36.6	3.5	(34.6)	(0.6)	32.2	983.6	130.8
Increase (Decrease) in Stockholders' Equity
Net issuance of stock awards				9.2	0.0	(7.8)
Net earnings	22.9						22.9
Dividends							(11.8)
Other comprehensive income (loss), net of tax	(7.9)							(7.9)
Balance at end of year at Dec. 30, 2018	1,159.5	36.6	3.5	(25.4)	(0.6)	24.4	1,138.1	(17.1)
Increase (Decrease) in Stockholders' Equity
Cumulative effect of new accounting principle in period of adoption \| Accounting Standards Update 2016-01							140.0	(140.0)
Cumulative effect of new accounting principle in period of adoption \| Accounting Standards Update 2014-09							3.4
Net issuance of stock awards				5.1	0.0	(1.9)
Net earnings	112.4						112.4
Dividends							(11.9)
Other comprehensive income (loss), net of tax	1.3							1.3
Balance at end of year at Dec. 29, 2019	$ 1,264.5	$ 36.6	$ 3.5	$ (20.3)	$ (0.6)	$ 22.5	$ 1,238.6	$ (15.8)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 29, 2019

Accounting Policies [Abstract]

Fiscal Year

Fiscal Year The Company’s fiscal year ends on the Sunday nearest to December 31. The three most recent years ended on December 29, 2019 (2019), December 30, 2018 (2018) and December 31, 2017 (2017), all of which contained 52 weeks. Period costs included in selling, general and administrative (“SG&A”) expenses are recorded on a calendar-year basis. The Company’s operations in Brazil are accounted for on a one-month lag. The Company’s equity method investment in PersolKelly Asia Pacific are accounted for on a one-quarter lag (see Investment in PersolKelly Asia Pacific footnote). Any material transactions in the intervening period are disclosed or accounted for in the current reporting period.

Principles of Consolidation

Principles of Consolidation The consolidated financial statements include the accounts and operations of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated.

Investment in Persol Holdings

Investment in Persol Holdings The Company’s investment in Persol Holdings, as further described in the Investment in Persol Holdings footnote, is carried at fair value with the changes in fair value recognized in net earnings. The fair value of the investment is based on the quoted market price.

Investment in PersolKelly Asia Pacific

Investment in PersolKelly Asia Pacific The Company has a 49% ownership interest in its equity affiliate, PersolKelly Asia Pacific, which is accounted for under the equity method. The operating results of the equity affiliate are recorded on a one-quarter lag and included in equity in net earnings (loss) of affiliate in the consolidated statements of earnings.

Foreign Currency Translation

Foreign Currency Translation All of the Company’s international subsidiaries use their local currency as their functional currency, which is the currency in which they transact the majority of their activities. Revenue and expense accounts of foreign subsidiaries are translated to U.S. dollars at average exchange rates, while assets and liabilities are translated to U.S. dollars at year-end exchange rates. Resulting translation adjustments, net of tax, where applicable, are reported as accumulated foreign currency translation adjustments in stockholders’ equity and are recorded as a component of accumulated other comprehensive income (loss).

Revenue Recognition

Revenue Recognition Revenues are recognized when control of the promised services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those services. Our revenues are recorded net of any sales, value added, or similar taxes collected from our customers. We generate revenue from: the hourly sales of services by our temporary employees to customers (“staffing solutions” revenue), the recruiting of permanent employees for our customers (“permanent placement” revenue), and through our talent fulfillment and outcome-based activities (“talent solutions” and “outcome-based services” revenue).

We record revenues from sales of services and the related direct costs in accordance with the accounting guidance on reporting revenue gross as a principal versus net as an agent. When Kelly is the principal, we demonstrate control over the service by being the employer of record for the individuals performing the service, by being primarily responsible to our customers and by having a level of discretion in establishing pricing in which the gross amount is recorded as revenues. When Kelly arranges for other contingent labor suppliers and/or service providers to perform services for the customer, we do not control those services before they are transferred, and therefore, the amounts billed to our customers are net of the amounts paid to the secondary suppliers/service providers and the net amount is recorded as revenues.

Staffing Solutions Revenue

Staffing solutions contracts are short-term in nature. Billings are generally negotiated and invoiced on a per-hour or per-unit basis as the temporary staffing services are transferred to the customer. Revenue from the majority of our staffing solutions services continues to be recognized over time as the customer simultaneously receives and consumes the services we provide. We have applied the practical expedient to recognize revenue for these services over the term of the agreement in proportion to the amount we have the right to invoice the customer.

Permanent Placement Revenue

Permanent placement revenue is recorded at the point in time the permanent placement candidate begins full-time employment. On the candidate start date, the customer accepts the candidate and can direct the use of the candidate as well as obtains the significant risk and rewards of the candidate. We consider this the point the control transfers to the customer.

Talent Solutions and Outcome-Based Services Revenue

Billings are generally negotiated and invoiced on a measure of time (hours, weeks, months) or per-unit basis for our services performed. We continue to recognize revenue from the majority of our talent solutions services and our outcome-based services over time as the customer simultaneously receives and consumes the services we provide. We have applied the practical expedient to recognize revenue for these services over the term of the agreement in proportion to the amount we have the right to invoice the customer.

Variable Consideration

Certain customers may receive cash-based incentives or credits, which are accounted for as a form of variable consideration. We estimate these amounts based on the expected or likely amount to be provided to customers and reduce revenues recognized to the extent that it is probable that a significant reversal of such adjustment will not occur. Provisions for sales allowances (billing adjustments related to errors, service issues and compromises on billing disputes), based on historical experience, are recognized at the time the related sale is recognized as a reduction in revenue from services.

Payment Terms

Customer payments are typically due within 60 days of invoicing, but may be shorter or longer depending on contract terms. Management does not assess whether a contract has a significant financing component if the expectation at contract inception is that the period between payment by the customer and the transfer of the services to the customer will be less than one year. We do not have any significant financing components or extended payment terms.

Deferred Revenue

Items which are billed to the customer at a point in time, rather than billed over time as the services are delivered to the customer, are assessed for potential revenue deferral. At this time, the balance of the contract liability as well as the amount of revenue recognized in the reporting period that was included in the deferred revenue balance at the beginning of the period is not material.

Deferred Costs

Sales commissions paid at initial contract inception and upon contract renewal by our sales team are considered incremental and recoverable costs of obtaining a contract with a customer. The sales commissions (and related fringe benefits such as taxes and benefits) are deferred and then amortized on a straight-line basis over an appropriate period of benefit that we have determined to be contract duration. We determined the period of benefit by taking into consideration our customer contracts and other relevant factors. Anticipated renewal periods are not included in the amortization period of the initial commission. Amortization expense is included in SG&A expenses in the consolidated statements of earnings. As a practical expedient, sales commissions with amortization periods of 12 months or less are expensed as incurred. These costs are recorded in SG&A expenses in the consolidated statements of earnings.

Occasionally, fulfillment costs are incurred after obtaining a contract in order to generate a resource that will be used to provide our services. These costs are considered incremental and recoverable costs to fulfill our contract with the customer. These costs to fulfill a contract are deferred and then amortized on a straight-line basis over a period of benefit that we have determined to be the average length of assignment of the employees. We determined the period of benefit by taking into consideration our customer contracts, attrition rates and other relevant factors. Amortization expense is included in SG&A expenses in the consolidated statements of earnings.

Unsatisfied Performance Obligations

The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.

Allowance for Uncollectible Accounts Receivable

Allowance for Uncollectible Accounts Receivable The Company records an allowance for uncollectible accounts receivable based on historical loss experience, customer payment patterns and current economic trends. The reserve for sales allowances, as discussed above, is also included in the allowance for uncollectible accounts receivable. The Company reviews the adequacy of the allowance for uncollectible accounts receivable on a quarterly basis and, if necessary, increases or decreases the balance by recording a charge or credit to SG&A expenses for the portion of the adjustment relating to uncollectible accounts receivable, and a charge or credit to revenue from services for the portion of the adjustment relating to sales allowances.

Cost of Services

Cost of Services Cost of services are those costs directly associated with the earning of revenue. The primary examples of these types of costs are temporary employee wages, along with other employee related costs, including associated payroll taxes, temporary employee benefits, such as service bonus and holiday pay, and workers’ compensation costs. These costs differ fundamentally from SG&A expenses in that they arise specifically from the action of providing our services to customers whereas SG&A costs are incurred regardless of whether or not we place temporary employees with our customers.

Advertising Expenses

Advertising Expenses Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $9.4 million in 2019, $8.7 million in 2018 and $7.9 million in 2017.

Use of Estimates

Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, the accounting for the allowance for uncollectible accounts receivable, workers’ compensation, goodwill and long-lived asset impairment, valuation of acquired intangibles, impairment of equity affiliates, litigation costs and income taxes. Actual results could differ materially from those estimates.

Cash and Equivalents

Cash and Equivalents Cash and equivalents are stated at fair value. The Company considers securities with original maturities of three months or less to be cash and equivalents.

Property and Equipment

Property and Equipment Property and equipment are stated at cost and are depreciated on a straight-line basis over their estimated useful lives. Cost and estimated useful lives of property and equipment by function are as follows:


Category	2019		2018		Life
	(In millions of dollars)
Land	$	—	$	3.8		—
Work in process	2.7		12.2			—
Buildings and improvements	13.0		65.3		15	to	40 years
Computer hardware and software	153.1		153.3		3	to	12 years
Equipment, furniture and fixtures	34.1		34.6			5	years
Leasehold improvements	22.9		25.5		The lesser of the life of the lease or 5 years.
Total property and equipment	$	225.8	$	294.7

The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Use Software Subtopic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Work in process represents capitalized costs for internal use software not yet in service. Depreciation expense was $25.3 million for 2019, $24.0 million for 2018 and $21.8 million for 2017.

Leases

Leases See Leases footnote for a description of the accounting policy related to leases.

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price over the acquisition date fair value of net assets acquired. Purchased intangible assets are primarily comprised of acquired trade name and customer relationships that are recorded at fair value at the date of acquisition. The fair value of trade name intangibles is determined using the relief-from-royalty method, which relies on the use of estimates and assumptions about projected revenue growth and discount rates. The fair value of customer relationship intangibles is determined using the multi-period excess earnings method, which relies on the use of estimates and assumptions about projected revenue growth, customer attrition, and discount rates.

Purchased intangible assets with definite lives are amortized over their respective useful lives (from 4 to 15 years) on a straight-line basis or, if appropriate, on an accelerated basis commensurate with the related cash flows.

Impairment of Long-Lived Assets, Intangible Assets, Equity Method Investments and Equity Securities

Impairment of Long-Lived Assets, Intangible Assets, Goodwill, Equity Method Investments and Equity Securities The Company evaluates long-lived assets and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. When estimated undiscounted future cash flows will not be sufficient to recover the carrying amount of the asset group, in which the long-lived asset being tested for impairment resides, the asset is written down to its estimated fair value. Assets to be disposed of by sale, if any, are reported at the lower of the carrying amount or estimated fair value less cost to sell.

We test goodwill for impairment at the reporting unit level annually in the fourth quarter and whenever events or circumstances make it more likely than not that an impairment may have occurred. We have determined that our reporting units are the same as our operating and reportable segments based on our organizational structure. Goodwill is tested for impairment by comparing the estimated fair value of a reporting unit to its carrying value. To derive the estimated fair value of reporting units, we primarily relied on an income approach. We also utilized various market approaches to validate the fair value determined using the income approach. Under the income approach, estimated fair value is determined based on estimated future cash flows discounted by an estimated market participant weighted-average cost of capital, which reflects the overall level of inherent risk of the reporting unit being measured. Estimated future cash flows are based on our internal projection model and reflects management’s outlook for the reporting units.

If the estimated fair value of a reporting unit exceeds the carrying value of the net assets assigned to a reporting unit, goodwill is not considered impaired and no further testing is required. If the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of a reporting unit, goodwill would be deemed impaired and would be written down to the extent of the difference.

We evaluate our equity method investment on a quarterly basis or whenever events or circumstances indicate the carrying amount may be other-than-temporarily impaired. If we conclude that there is an other-than-temporary impairment of our equity method investment, we will adjust our carrying amount of our investment to the adjusted fair value.

We evaluate our equity securities measured under the measurement alternative for indicators of impairment on a quarterly basis and whenever observable price changes occur. The measurement alternative represents cost, less impairment, plus or minus observable price changes. Quarterly, we also confirm the securities still qualify to be measured in accordance with the measurement alternative. The value of the securities will be adjusted for any increases or decreases as a result of an observable price change.

Accounts Payable

Accounts Payable Included in accounts payable are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $5.9 million and $7.3 million at year-end 2019 and 2018.

Accrued Payroll and Related Taxes

Accrued Payroll and Related Taxes Included in accrued payroll and related taxes are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $21.9 million and $22.9 million at year-end 2019 and 2018, respectively. Payroll taxes for temporary employees are recognized proportionately to direct wages for interim periods based on expected full-year amounts.

Income Taxes

Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts. Valuation allowances are provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized.

The U.S. work opportunity credit is allowed for wages earned by employees in certain targeted groups. The actual amount of creditable wages in a particular period is estimated, since the credit is only available once an employee reaches a minimum employment period and the employee’s inclusion in a targeted group is certified by the applicable state. As these events often occur after the period the wages are earned, judgment is required in determining the amount of work opportunity credits accrued for in each period. We evaluate the accrual regularly throughout the year and make adjustments as needed.

Uncertain tax positions that are taken or expected to be taken in a tax return are recognized in the financial statements when it is more likely than not (i.e., a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities that have full knowledge of all relevant information. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement.

Interest and penalties related to income taxes are classified as income tax expense. U.S. taxes on global intangible low-taxed income (“GILTI”) are accounted for as incurred.

Stock-Based Compensation

Stock-Based Compensation The Company may grant restricted stock awards and units (collectively, “restricted stock”) and performance awards to key employees associated with the Company’s Class A stock. The Company utilizes the market price on the date of grant as the fair value for restricted stock and the market price on the date of grant less the present value of the expected dividends not received during the vesting period for performance awards. The Company also estimates the fair value of performance awards related to relative total shareholder return or awards with a total shareholder return modifier using a Monte Carlo simulation model. The value of awards is recognized as expense, net of forfeitures as they occur, over the requisite service periods in SG&A expense in the Company’s consolidated statements of earnings.

Earnings Per Share

Earnings Per Share Restricted stock that entitle their holders to receive nonforfeitable dividends before vesting are considered participating securities and, therefore, are included in the calculation of earnings per share using the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Under this method, earnings from continuing operations (or net earnings) is reduced by the amount of dividends declared, and the remaining undistributed earnings is allocated to common stock and participating securities based on the proportion of each class’s weighted average shares outstanding to the total weighted average shares outstanding. The calculation of diluted earnings per share includes the effect of potential common shares outstanding in the average weighted shares outstanding.

Workers' Compensation

Workers’ Compensation In the U.S., the Company has a combination of insurance and self-insurance contracts under which we effectively bear the first $1.0 million of risk per single accident. The Company establishes accruals for workers’ compensation claims utilizing actuarial methods to estimate the undiscounted future cash payments that will be made to satisfy the claims, including an allowance for incurred-but-not-reported claims. The Company retains an independent consulting actuary to establish loss development factors, based on historical claims experience as well as industry experience, and applies those factors to current claims information to derive an estimate of the ultimate claims liability.

In preparing the estimates, the consulting actuary considers a number of assumptions and multiple generally accepted actuarial methods in the course of preparing the loss forecast for claims. When claims exceed the applicable loss limit or self-insured retention and realization of recovery of the claim from existing insurance policies is deemed probable, the Company records a receivable from the insurance company for the excess amount. The receivable is included in prepaid expenses and other current assets and other assets in the consolidated balance sheet at year end. The Company evaluates the accrual quarterly throughout the year and makes adjustments as needed, and the ultimate cost of these claims may be greater than or less than the established accrual.

Segment Disclosures

The Company’s segments are based on the organizational structure for which financial results are regularly evaluated by the CODM (the Company’s CEO) to determine resource allocation and assess performance. The Company’s three reportable segments, (1) Americas Staffing, (2) GTS and (3) International Staffing, reflect how the Company delivers services to customers and how its business is organized internally. Intersegment revenue represents revenue earned between the reportable segments and is eliminated from total segment revenue from services.

Americas Staffing represents the Company’s branch-delivered staffing business in the U.S., Canada, Puerto Rico, Mexico and Brazil. International Staffing represents the EMEA region branch-delivered staffing business. Americas Staffing and International Staffing both deliver temporary staffing, as well as direct-hire placement services, in office/clerical, light industrial and professional and technical specialties within their geographic regions. Americas Staffing also includes educational staffing in the U.S.

GTS combines the delivery structure of the Company’s outsourcing and consulting group and centrally delivered staffing business. It reflects the trend of customers towards the adoption of holistic talent supply chain solutions which combine contingent labor, full-time hiring and outsourced services. GTS includes centrally delivered staffing, RPO, CWO, BPO, PPO, KellyConnect, career transition/outplacement services and talent advisory services.

Corporate expenses that directly support the operating units have been allocated to Americas Staffing, GTS and International Staffing based on work effort, volume or, in the absence of a readily available measurement process, proportionately based on gross profit realized. Unallocated corporate expenses include those related to incentive compensation, law and risk management, certain finance and accounting functions, executive management, corporate campus facilities, IT production support, certain legal costs and expenses related to corporate initiatives that do not benefit a specific operating segment.

New Accounting Pronouncements

Recently Adopted

In June 2018, the FASB issued ASU 2018-07 simplifying the accounting for nonemployee share-based payment awards by expanding the scope of ASC Topic 718, Compensation - Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. Under the new standard, most of the guidance on stock compensation payments to nonemployees would be aligned with the requirements for share-based payments granted to employees. The ASU is effective for annual reporting periods beginning after December 15, 2018, including interim reporting periods within those annual reporting periods, with early adoption permitted. The adoption of this guidance did not have a material impact on our consolidated financial statements and related disclosures.

In January 2017, the FASB issued ASU 2017-04 simplifying the accounting for goodwill impairment for all entities. The new guidance eliminates the requirement to calculate the implied fair value of goodwill (Step 2 of the current two-step goodwill impairment test under ASC 350). Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount over its fair value (Step 1 of the current two-step goodwill impairment test). The ASU is effective prospectively for reporting periods beginning after December 15, 2019, with early adoption permitted for annual and interim goodwill impairment testing dates after January 1, 2017. We elected to early adopt ASU 2017-04 as of year-end 2018 and the adoption of this ASU did not have an impact on our goodwill impairment testing process or our consolidated financial statements.

In February 2016, the FASB issued ASU 2016-02 amending the existing accounting standards for lease accounting and requiring lessees to recognize lease assets and lease liabilities for all leases with lease terms of more than 12 months, including those classified as operating leases. Both the asset and liability will initially be measured at the present value of the future minimum lease payments, with the asset being subject to adjustments such as initial direct costs. Consistent with current U.S. GAAP, the presentation of expenses and cash flows will depend primarily on the classification of the lease as either a finance or an operating lease. The new standard also requires additional quantitative and qualitative disclosures regarding the amount, timing and uncertainty of cash flows arising from leases in order to provide additional information about the nature of an organization’s leasing activities. An additional optional transition method to adopt the new lease standard at the adoption date, as compared to the beginning of the earliest period presented, and recognize a cumulative-effect adjustment to the beginning balance of retained earnings in the period of adoption is allowed. We adopted this guidance with the optional transition method effective December 31, 2018. See Leases footnote for the impact on the consolidated financial statements.

In January 2016, the FASB issued ASU 2016-01 amending the current guidance for how entities measure certain equity investments, the accounting for financial liabilities under the fair value option, and the presentation and disclosure requirements relating to financial instruments. The new guidance requires entities to use fair value measurement for equity investments in unconsolidated entities, excluding equity method investments, and to recognize the changes in fair value in net income at the end of each reporting period. Under the new standard, for any financial liabilities in which the fair value option has been elected, the changes in fair value due to instrument-specific credit risk must be recognized separately in other comprehensive income. Presentation and disclosure requirements under the new guidance require public business entities to use the exit price when measuring the fair value of financial instruments measured at amortized cost. In addition, financial assets and liabilities must now be presented separately in the notes to the financial statements and grouped by measurement category and form of financial asset. This ASU was effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption was only permitted for the financial liability provision. We adopted this guidance effective January 1, 2018. See Investment in Persol Holdings footnote for the impact on the financial statements.

In May 2014, the FASB issued new revenue recognition guidance under ASU 2014-09 that superseded the existing revenue recognition guidance under U.S. GAAP. The new standard focused on creating a single source of revenue guidance for revenue arising from contracts with customers for all industries. The objective of the new standard was for companies to recognize revenue when it transfers the promised goods or services to its customers at an amount that represents what the company expects to be entitled to in exchange for those goods or services. In July 2015, the FASB deferred the effective date by one year (ASU 2015-14). This ASU was effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2017. Since the issuance of the original standard, the FASB issued several other subsequent updates including the following: 1) clarification of the implementation guidance on principal versus agent considerations (ASU 2016-08); 2) further guidance on identifying performance obligations in a contract as well as clarifications on the licensing implementation guidance (ASU 2016-10); 3) rescission of several SEC Staff Announcements that are codified in Topic 605

(ASU 2016-11); 4) additional guidance and practical expedients in response to identified implementation issues (ASU 2016-12); and 5) technical corrections and improvements (ASU 2016-20). We adopted this guidance with the modified retrospective approach effective January 1, 2018. See Revenue footnote for the impact on the financial statements.

Not Yet Adopted

In January 2020, the FASB issued ASU 2020-01 which clarifies the interaction of rules for equity securities, the equity method of accounting, and forward contracts and purchase options on certain types of securities. The guidance clarifies how to account for the transition into and out of the equity method of accounting when considering observable transactions under the measurement alternative. The ASU is effective for annual reporting periods beginning after December 15, 2020, including interim reporting periods within those annual periods, with early adoption permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.

In December 2019, the FASB issued ASU 2019-12 simplifying various aspects related to the accounting for income taxes. The guidance removes exceptions to the general principles in Topic 740 related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The ASU is effective for annual reporting periods beginning after December 15, 2020, including interim reporting periods within those annual periods, with early adoption permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.

In August 2018, the FASB issued ASU 2018-15, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The ASU is effective for annual reporting periods beginning after December 15, 2019, including interim reporting periods within those annual periods, with early adoption permitted. Entities have the option to apply the guidance prospectively to all implementation costs incurred after the date of adoption or retrospectively. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures.

In August 2018, the FASB issued ASU 2018-13 which eliminates, adds and modifies certain fair value measurement disclosures. The ASU is effective for annual reporting periods beginning after December 15, 2019, including interim reporting periods within those annual periods, with early adoption permitted. We do not expect the adoption of this standard to have a material impact to our consolidated financial statements.

In June 2016, the FASB issued ASU 2016-13, as clarified in ASU 2019-04, ASU 2019-05 and ASU 2019-11, amending how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance requires the application of a current expected credit loss model, which is a new impairment model based on expected losses. Under this model, an entity recognizes an allowance for expected credit losses based on historical experience, current conditions and forecasted information rather than the current methodology of delaying recognition of credit losses until it is probable a loss has been incurred. This ASU is effective for interim and annual reporting periods beginning after December 15, 2019 with early adoption permitted for annual reporting periods beginning after December 15, 2018. We performed a broad assessment of all of our financial assets and other instruments not measured at fair value through net income and determined that trade accounts receivable is still the most significant financial asset subject to the current expected credit loss model. Under the new standard, we will continue to use an aging method to calculate the allowance for uncollectible accounts for the majority of our trade accounts receivables. Other financial assets measured at amortized cost will use the aging method or another acceptable method to measure credit losses. As we finalize our review of financial assets measured at amortized cost, accounting policies and business practices, we will continue to evaluate the impact of this guidance on our consolidated financial statements, disclosures and internal controls. Our preliminary assessments are subject to change. We expect to implement the standard with a cumulative effect adjustment in retained earnings effective December 30, 2019, which recognizes the cumulative effect of application recognized on that date. The cumulative effect adjustment is not expected to be material.

Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

Sale of Assets	12 Months Ended
Sale of Assets	Dec. 29, 2019
Sale of Assets [Abstract]
Sale of Assets	Sale of AssetsDuring the second quarter of 2019, the Company sold unused land located near the Company headquarters. The gain on the sale of assets in the consolidated statements of earnings for 2019 includes the excess of the $11.7 million sale proceeds over the cost of the parcel. The gain on sale of assets also includes proceeds of $2.1 million from the transfer of customer contracts related to the Company’s legal specialty operations to a third party during the second quarter of 2019.

New Accounting Pronouncements	12 Months Ended
New Accounting Pronouncements	Dec. 29, 2019
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Recently Adopted In June 2018, the FASB issued ASU 2018-07 simplifying the accounting for nonemployee share-based payment awards by expanding the scope of ASC Topic 718, Compensation - Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. Under the new standard, most of the guidance on stock compensation payments to nonemployees would be aligned with the requirements for share-based payments granted to employees. The ASU is effective for annual reporting periods beginning after December 15, 2018, including interim reporting periods within those annual reporting periods, with early adoption permitted. The adoption of this guidance did not have a material impact on our consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-04 simplifying the accounting for goodwill impairment for all entities. The new guidance eliminates the requirement to calculate the implied fair value of goodwill (Step 2 of the current two-step goodwill impairment test under ASC 350). Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount over its fair value (Step 1 of the current two-step goodwill impairment test). The ASU is effective prospectively for reporting periods beginning after December 15, 2019, with early adoption permitted for annual and interim goodwill impairment testing dates after January 1, 2017. We elected to early adopt ASU 2017-04 as of year-end 2018 and the adoption of this ASU did not have an impact on our goodwill impairment testing process or our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 amending the existing accounting standards for lease accounting and requiring lessees to recognize lease assets and lease liabilities for all leases with lease terms of more than 12 months, including those classified as operating leases. Both the asset and liability will initially be measured at the present value of the future minimum lease payments, with the asset being subject to adjustments such as initial direct costs. Consistent with current U.S. GAAP, the presentation of expenses and cash flows will depend primarily on the classification of the lease as either a finance or an operating lease. The new standard also requires additional quantitative and qualitative disclosures regarding the amount, timing and uncertainty of cash flows arising from leases in order to provide additional information about the nature of an organization’s leasing activities. An additional optional transition method to adopt the new lease standard at the adoption date, as compared to the beginning of the earliest period presented, and recognize a cumulative-effect adjustment to the beginning balance of retained earnings in the period of adoption is allowed. We adopted this guidance with the optional transition method effective December 31, 2018. See Leases footnote for the impact on the consolidated financial statements. In January 2016, the FASB issued ASU 2016-01 amending the current guidance for how entities measure certain equity investments, the accounting for financial liabilities under the fair value option, and the presentation and disclosure requirements relating to financial instruments. The new guidance requires entities to use fair value measurement for equity investments in unconsolidated entities, excluding equity method investments, and to recognize the changes in fair value in net income at the end of each reporting period. Under the new standard, for any financial liabilities in which the fair value option has been elected, the changes in fair value due to instrument-specific credit risk must be recognized separately in other comprehensive income. Presentation and disclosure requirements under the new guidance require public business entities to use the exit price when measuring the fair value of financial instruments measured at amortized cost. In addition, financial assets and liabilities must now be presented separately in the notes to the financial statements and grouped by measurement category and form of financial asset. This ASU was effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption was only permitted for the financial liability provision. We adopted this guidance effective January 1, 2018. See Investment in Persol Holdings footnote for the impact on the financial statements. In May 2014, the FASB issued new revenue recognition guidance under ASU 2014-09 that superseded the existing revenue recognition guidance under U.S. GAAP. The new standard focused on creating a single source of revenue guidance for revenue arising from contracts with customers for all industries. The objective of the new standard was for companies to recognize revenue when it transfers the promised goods or services to its customers at an amount that represents what the company expects to be entitled to in exchange for those goods or services. In July 2015, the FASB deferred the effective date by one year (ASU 2015-14). This ASU was effective for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2017. Since the issuance of the original standard, the FASB issued several other subsequent updates including the following: 1) clarification of the implementation guidance on principal versus agent considerations (ASU 2016-08); 2) further guidance on identifying performance obligations in a contract as well as clarifications on the licensing implementation guidance (ASU 2016-10); 3) rescission of several SEC Staff Announcements that are codified in Topic 605 (ASU 2016-11); 4) additional guidance and practical expedients in response to identified implementation issues (ASU 2016-12); and 5) technical corrections and improvements (ASU 2016-20). We adopted this guidance with the modified retrospective approach effective January 1, 2018. See Revenue footnote for the impact on the financial statements. Not Yet Adopted In January 2020, the FASB issued ASU 2020-01 which clarifies the interaction of rules for equity securities, the equity method of accounting, and forward contracts and purchase options on certain types of securities. The guidance clarifies how to account for the transition into and out of the equity method of accounting when considering observable transactions under the measurement alternative. The ASU is effective for annual reporting periods beginning after December 15, 2020, including interim reporting periods within those annual periods, with early adoption permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures. In December 2019, the FASB issued ASU 2019-12 simplifying various aspects related to the accounting for income taxes. The guidance removes exceptions to the general principles in Topic 740 related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The ASU is effective for annual reporting periods beginning after December 15, 2020, including interim reporting periods within those annual periods, with early adoption permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures. In August 2018, the FASB issued ASU 2018-15, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The ASU is effective for annual reporting periods beginning after December 15, 2019, including interim reporting periods within those annual periods, with early adoption permitted. Entities have the option to apply the guidance prospectively to all implementation costs incurred after the date of adoption or retrospectively. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures. In August 2018, the FASB issued ASU 2018-13 which eliminates, adds and modifies certain fair value measurement disclosures. The ASU is effective for annual reporting periods beginning after December 15, 2019, including interim reporting periods within those annual periods, with early adoption permitted. We do not expect the adoption of this standard to have a material impact to our consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, as clarified in ASU 2019-04, ASU 2019-05 and ASU 2019-11, amending how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance requires the application of a current expected credit loss model, which is a new impairment model based on expected losses. Under this model, an entity recognizes an allowance for expected credit losses based on historical experience, current conditions and forecasted information rather than the current methodology of delaying recognition of credit losses until it is probable a loss has been incurred. This ASU is effective for interim and annual reporting periods beginning after December 15, 2019 with early adoption permitted for annual reporting periods beginning after December 15, 2018. We performed a broad assessment of all of our financial assets and other instruments not measured at fair value through net income and determined that trade accounts receivable is still the most significant financial asset subject to the current expected credit loss model. Under the new standard, we will continue to use an aging method to calculate the allowance for uncollectible accounts for the majority of our trade accounts receivables. Other financial assets measured at amortized cost will use the aging method or another acceptable method to measure credit losses. As we finalize our review of financial assets measured at amortized cost, accounting policies and business practices, we will continue to evaluate the impact of this guidance on our consolidated financial statements, disclosures and internal controls. Our preliminary assessments are subject to change. We expect to implement the standard with a cumulative effect adjustment in retained earnings effective December 30, 2019, which recognizes the cumulative effect of application recognized on that date. The cumulative effect adjustment is not expected to be material. Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

Goodwill and Intangible Assets

12 Months Ended

Dec. 29, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the fiscal year 2019 are included in the table below. See Acquisitions footnote for a description of the additions to goodwill in 2019.


	As of Year-End 2018		Additions to Goodwill		As of Year-End 2019
	(In millions of dollars)
Americas Staffing	$	44.8	$	13.7	$	58.5
Global Talent Solutions	62.5		6.8		69.3
International Staffing	—		—		—
	$	107.3	$	20.5	$	127.8

Intangible assets, excluding fully-amortized intangibles, are included within other assets on our consolidated balance sheet and consist of the following (in millions of dollars):


		2019										2018
	Useful lives	Gross Carrying amount		Less: Accumulated Amortization		Net		Gross Carrying amount		Less: Accumulated Amortization		Net
Customer relationships	10 years	$	40.1	$	8.3	$	31.8	$	15.2	$	4.5	$	10.7
Candidate database	4 years	1.5		0.9		0.6		1.5		0.5		1.0
Trade names	15 years	12.1		0.8		11.3		—		—		—
Non-compete agreements	5 years	1.7		0.3		1.4		—		—		—
Trademarks	Indefinite	4.8		—		4.8		4.8		—		4.8
Total		$	60.2	$	10.3	$	49.9	$	21.5	$	5.0	$	16.5

The year-over-year change in total intangible assets was due to the intangibles purchased in connection with the NextGen and GTA acquisitions (see Acquisitions footnote). Intangible amortization expense, which is included in SG&A expense in the consolidated statements of earnings, was $5.4 million, $1.8 million and $0.9 million in 2019, 2018 and 2017, respectively. The amortization expense will be $5.2 million in 2020, $5.1 million in 2021, $4.8 million in 2022 and 2023 and $4.5 million in 2024.

Asset Impairment Charges	12 Months Ended
Asset Impairment Charges	Dec. 29, 2019
Asset Impairment Charges [Abstract]
Asset Impairment Charges	Asset Impairment Charge During the fourth quarter of 2019, a triggering event for the evaluation of a certain long-lived asset for impairment occurred related to our corporate U.S. front and middle office technology development project. We determined that we would not complete a technology project for which we had previously capitalized certain development costs in order to enhance and expand a technology platform already in existence. This approach should accelerate our solution implementation in mid-2020 and is expected to deliver similar benefits as the original project. To determine the amount of the impairment charge, we aggregated all capitalized costs related to the project that could not be transferred to the expansion and enhancement of the existing platform. As a result, we recorded a $15.8 million asset impairment charge on the 2019 consolidated statements of earnings.

Restructuring

12 Months Ended

Dec. 29, 2019

Restructuring and Related Activities [Abstract]

Restructuring

In the first quarter of 2019, the Company took restructuring actions to transform operations in order to drive growth and operational effectiveness primarily in the U.S. branch-based staffing operations.

Restructuring costs incurred in 2019 totaled $5.5 million, all of which is within the Americas Staffing segment. The restructuring costs, which are all severance related, were recorded in SG&A expenses in the consolidated statements of earnings.

A summary of our global restructuring balance sheet accrual, included in accrued payroll and related taxes, is detailed below (in millions of dollars).


Balance as of year-end 2018	$	—
Additions charged to Americas Staffing	6.3
Reductions for cash payments	(5.2)
Accrual adjustments	(0.8)
Balance as of year-end 2019	$	0.3

The remaining balance of $0.3 million as of year-end 2019 primarily represents severance costs and the majority is expected to be paid during the first quarter of 2020. No material adjustments are expected to be recorded.

Stockholders' Equity

12 Months Ended

Dec. 29, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Common Stock

The authorized capital stock of the Company is 100,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock. Class A shares have no voting rights and are not convertible. Class B shares have voting rights and are convertible by the holder into Class A shares on a share-for-share basis at any time. Both classes of stock have identical rights in the event of liquidation. The voting rights of Class B shares are perpetual and Class B shares are not subject to transfer restrictions or mandatory conversion obligations under the Company's certificate of incorporation or bylaws.

Class A shares and Class B shares are both entitled to receive dividends, subject to the limitation that no cash dividend on the Class B shares may be declared unless the board of directors declares an equal or larger cash dividend on the Class A shares. As a result, a cash dividend may be declared on the Class A shares without declaring a cash dividend on the Class B shares.

Accumulated Other Comprehensive Income (Loss)


	2019			2018			2017
	(In millions of dollars)
Foreign currency translation adjustments:
Beginning balance	$	(15.7)		$	(6.9)		$	(23.3)
Other comprehensive income (loss) before classifications	2.5			(8.4)			16.4
Amounts reclassified from accumulated other comprehensive income	—		⁽¹⁾	(0.4)		⁽¹⁾	—		⁽¹⁾
Net current-period other comprehensive income (loss)	2.5			(8.8)			16.4
Ending balance	(13.2)			(15.7)			(6.9)

Unrealized gains and losses on investment:
Beginning balance	—			140.0			83.8
Cumulative-effect adjustment from adoption of ASU 2016-01, Financial Instruments	—			(140.0)			—
Other comprehensive income (loss) before classifications	—			—			56.2
Amounts reclassified from accumulated other comprehensive income	—			—			—
Net current-period other comprehensive income (loss)	—			(140.0)			56.2
Ending balance	—			—			140.0

Pension liability adjustments:
Beginning balance	(1.4)			(2.3)			(1.8)
Other comprehensive income (loss) before classifications	(1.3)			0.8			(0.6)
Amounts reclassified from accumulated other comprehensive income	0.1		⁽²⁾	0.1		⁽²⁾	0.1		⁽²⁾
Net current-period other comprehensive income (loss)	(1.2)			0.9			(0.5)
Ending balance	(2.6)			(1.4)			(2.3)

Total accumulated other comprehensive income (loss)	$	(15.8)		$	(17.1)		$	130.8

(1)Amount was recorded in the other expense, net line item in the consolidated statements of earnings.

(2)Amount was recorded in the SG&A expenses line item in the consolidated statements of earnings.

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax expense (benefit)	$ (0.1)	$ (0.4)	$ 0.2
Tax expense (benefit) on unrealized gains (losses)	0.0	0.0	30.2
Pension liability adjustments, tax expense (benefit)	$ (0.3)	$ 0.2	$ (0.1)

Summary of Significant Accounting Policies – Goodwill and Other Intangible Assets (Details)	12 Months Ended
	Dec. 29, 2019
Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	4 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	15 years

Related Party Transactions - Narrative (Details) - Class B common stock	Oct. 09, 2018	Oct. 08, 2018
Terence E. Adderley Revocable Trust K [Member]
Related Party Transaction [Line Items]
Ownership percentage of parent company	91.50%
Executive Chairman and Chairman of the Board and Director \| Terence E. Adderley
Related Party Transaction [Line Items]
Ownership percentage of parent company		91.50%

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, amortization expense, next 12 months	$ 5.2
Finite-lived intangible assets, amortization expense, year 2	5.1
Finite-lived intangible assets, amortization expense, year 3	4.8
Finite-lived intangible assets, amortization expense, year 4	4.8
Finite-lived intangible assets, amortization expense, year 5	4.5
Selling, General and Administrative Expenses
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 5.4	$ 1.8	$ 0.9

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Jun. 30, 2019	Dec. 30, 2018
Persol Holdings Investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost of equity securities	$ 18.9		$ 18.8
Business Talent Group, LLC
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities without readily determinable fair value, amount	5.0		$ 5.0
Kenzie Academy Inc.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities without readily determinable fair value, amount	1.0	$ 1.0
Equity Securities, FV-NI and without Readily Determinable Fair Value	$ 1.3

Leases

12 Months Ended

Dec. 29, 2019

Leases [Abstract]

Leases

At the beginning of the first quarter of 2019, we adopted ASC 842, Leases, using an optional transition method which allowed us to adopt the new lease standard at the adoption date, as compared to the beginning of the earliest period presented, and recognize a cumulative-effect adjustment to the beginning balance of earnings invested in the business in the period of adoption. We elected the package of practical expedients permitted under the transition guidance, which allowed us to carry forward our historical lease classification, our assessment on whether a contract is or contains a lease, and our initial direct costs for any leases that existed prior to adoption of the new standard. We also elected to combine lease and non-lease components, to keep leases with an initial term of 12 months or less off the consolidated balance sheet and recognize the associated lease payments in the consolidated statements of earnings on a straight-line basis over the lease term.

The Company has operating and financing leases for field offices and various equipment. Our leases have remaining lease terms of one year to 10 years. We determine if an arrangement is a lease at inception.

We recorded $74.1 million of right-of-use (“ROU”) assets within operating lease right-of-use assets, $19.8 million of current lease liabilities within operating lease liabilities, current and $54.3 million of noncurrent lease liabilities within operating lease liabilities, noncurrent in the consolidated balance sheet on the date of adoption. No adjustment to the beginning balance of earnings invested in the business was necessary as a result of adopting this standard.

ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. Since most of the Company’s leases do not have an implicit borrowing rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Our leases may include options allowing us in our sole discretion to extend or terminate the lease, and when it is reasonably certain that we will exercise those options, we will include those periods in our lease term. Variable costs, such as payments for insurance and tax payments, are expensed when the obligation for those payments is incurred.

The components of lease expense were as follows (in millions of dollars):

December Year to Date

Description

Statements of Earnings Location

2019

Operating:

Operating lease cost

Selling, general and administrative expenses

26.7

Short-term lease cost

Selling, general and administrative expenses

3.5

Variable lease cost

Selling, general and administrative expenses

6.7

Financing:

Amortization of ROU assets

Selling, general and administrative expenses

0.4

Interest on lease liabilities

Other income (expense), net

0.2

Total lease cost

37.5

Supplemental consolidated balance sheet information related to leases was as follows (in millions of dollars):

Description

Balance Sheet Location

As of Year-End 2019

ROU Assets:

Operating

Operating lease right-of-use assets

60.4

Financing

Property and equipment

4.1

Total lease assets

64.5

ROU Liabilities:

Operating - current

Operating lease liabilities, current

20.1

Financing - current

Accounts payable and accrued liabilities

1.3

Operating - noncurrent

Operating lease liabilities, noncurrent

43.3

Financing - noncurrent

Other long-term liabilities

2.1

Total lease liabilities

66.8

Weighted average remaining lease terms and discount rates were as follows:


	December Year to Date
	2019
Weighted average remaining lease term (years):
Operating leases	3.9
Financing leases	3.6
Weighted average discount rate:
Operating leases	5.7	%
Financing leases	4.9	%

Other information related to leases was as follows (in millions of dollars):


	December Year to Date
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	26.0
Financing cash flows from financing leases	0.7

ROU assets obtained in exchange for new lease obligations:
Operating leases	$	9.2
Financing leases	4.1

Maturities of lease liabilities as of year-end 2019 were as follows (in millions of dollars):


	Operating Leases		Financing Leases
2020	$	23.1	$	1.5
2021	18.3		1.2
2022	13.0		1.1
2023	7.5		—
2024	4.3		—
Thereafter	4.4		—
Total future lease payments	70.6		3.8
Less: Imputed interest	7.2		0.4
Total	$	63.4	$	3.4

Maturities of operating leases accounted for under ASC 840 as of year-end 2018 were as follows (in millions of dollars):


Fiscal year:
2019	$	26.7
2020	20.4
2021	15.2
2022	9.8
2023	4.7
Later years	4.9
Total	$	81.7

Lease expense for fiscal years 2018 and 2017 amounted to $31.4 million and $31.3 million, respectively.

Leases

The components of lease expense were as follows (in millions of dollars):

December Year to Date

Description

Statements of Earnings Location

2019

Operating:

Operating lease cost

Selling, general and administrative expenses

26.7

Short-term lease cost

Selling, general and administrative expenses

3.5

Variable lease cost

Selling, general and administrative expenses

6.7

Financing:

Amortization of ROU assets

Selling, general and administrative expenses

0.4

Interest on lease liabilities

Other income (expense), net

0.2

Total lease cost

37.5

Supplemental consolidated balance sheet information related to leases was as follows (in millions of dollars):

Description

Balance Sheet Location

As of Year-End 2019

ROU Assets:

Operating

Operating lease right-of-use assets

60.4

Financing

Property and equipment

4.1

Total lease assets

64.5

ROU Liabilities:

Operating - current

Operating lease liabilities, current

20.1

Financing - current

Accounts payable and accrued liabilities

1.3

Operating - noncurrent

Operating lease liabilities, noncurrent

43.3

Financing - noncurrent

Other long-term liabilities

2.1

Total lease liabilities

66.8

Weighted average remaining lease terms and discount rates were as follows:


	December Year to Date
	2019
Weighted average remaining lease term (years):
Operating leases	3.9
Financing leases	3.6
Weighted average discount rate:
Operating leases	5.7	%
Financing leases	4.9	%

Other information related to leases was as follows (in millions of dollars):


	December Year to Date
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	26.0
Financing cash flows from financing leases	0.7

ROU assets obtained in exchange for new lease obligations:
Operating leases	$	9.2
Financing leases	4.1

Maturities of lease liabilities as of year-end 2019 were as follows (in millions of dollars):


	Operating Leases		Financing Leases
2020	$	23.1	$	1.5
2021	18.3		1.2
2022	13.0		1.1
2023	7.5		—
2024	4.3		—
Thereafter	4.4		—
Total future lease payments	70.6		3.8
Less: Imputed interest	7.2		0.4
Total	$	63.4	$	3.4

Maturities of operating leases accounted for under ASC 840 as of year-end 2018 were as follows (in millions of dollars):


Fiscal year:
2019	$	26.7
2020	20.4
2021	15.2
2022	9.8
2023	4.7
Later years	4.9
Total	$	81.7

Lease expense for fiscal years 2018 and 2017 amounted to $31.4 million and $31.3 million, respectively.

Revenue - Disaggregation of Revenue and Deferred Costs Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenue from services	$ 5,355.6	$ 5,513.9	$ 5,374.4
Total EMEA
Disaggregation of Revenue [Line Items]
Revenue from services	1,067.9	1,162.5
Total EMEA \| Global Talent Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	42.1	45.9
Total Americas
Disaggregation of Revenue [Line Items]
Revenue from services	4,260.9	4,329.2
Total Americas \| Global Talent Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	1,955.5	1,929.3
Deferred Sales Commissions
Disaggregation of Revenue [Line Items]
Capitalized contract cost, gross	1.5	2.3
Capitalized contract cost, amortization	1.6	1.7
Deferred Fulfillment Costs
Disaggregation of Revenue [Line Items]
Capitalized contract cost, gross	3.6	3.0
Capitalized contract cost, amortization	$ 14.6	$ 13.0

Income Taxes

12 Months Ended

Dec. 29, 2019

Income Tax Disclosure [Abstract]

Income Taxes

Earnings (loss) before taxes and equity in net earnings (loss) of affiliate for the years 2019, 2018 and 2017 were taxed under the following jurisdictions:


	2019		2018		2017
	(In millions of dollars)
Domestic	$	46.6	$	53.1	$	55.2
Foreign	69.8		(62.5)		26.5
Total	$	116.4	$	(9.4)	$	81.7

The provision for income taxes was as follows:


	2019		2018		2017
	(In millions of dollars)
Current tax expense:
U.S. federal	$	4.7	$	6.1	$	6.6
U.S. state and local	3.0		3.1		2.4
Foreign	11.0		11.2		9.7
Total current	18.7		20.4		18.7
Deferred tax (benefit) expense:
U.S. federal	(19.4)		(15.6)		0.4
U.S. state and local	(1.6)		1.0		0.1
Foreign	2.7		(32.9)		(6.4)
Total deferred	(18.3)		(47.5)		(5.9)
Total provision	$	0.4	$	(27.1)	$	12.8

Deferred income taxes reflect the temporary differences between the asset and liability basis for financial reporting purposes and the amounts used for income tax purposes, at the relevant tax rate. The deferred tax assets and liabilities are comprised of the following:


	2019		2018
	(In millions of dollars)
Depreciation and amortization	$	(13.3)	$	(15.6)
Employee compensation and benefit plans	58.4		52.0
Workers’ compensation	14.8		15.0
Unrealized gain on securities	(42.5)		(30.9)
Investment in equity affiliate	(13.8)		(15.8)
Loss carryforwards	30.4		30.8
Credit carryforwards	167.1		155.6
Other, net	3.9		3.9
Valuation allowance	(19.0)		(27.8)
Net deferred tax assets	$	186.0	$	167.2

The deferred tax balance is classified in the consolidated balance sheet as:


	2019		2018
	(In millions of dollars)
Deferred tax asset	$	229.1	$	198.7
Other long-term liabilities	(43.1)		(31.5)
	$	186.0	$	167.2

The Company has U.S. general business credit carryforwards of $160.9 million which will expire from 2033 to 2039, foreign tax credit carryforwards of $6.0 million which will expire from 2022 to 2029 and $0.2 million of state credit carryforwards which will expire from 2026 to 2039, or have no expiration. The net tax effect of state and foreign loss carryforwards at year-end 2019 totaled $30.4 million, which will expire as follows (in millions of dollars):


Year	Amount


2020-2021	$	0.5
2022-2036	0.8
No expiration	29.1
Total	$	30.4

The Company has established a valuation allowance for loss carryforwards and future deductible items in certain foreign jurisdictions, and for U.S. foreign tax credit carryforwards. The valuation allowance is determined in accordance with the provisions of ASC 740, which requires an assessment of both negative and positive evidence when measuring the need for a valuation allowance. The Company’s recent losses in these foreign jurisdictions, and its recent lack of adequate U.S. foreign source income to fully utilize foreign tax credit carryforwards, represented sufficient negative evidence to require a valuation allowance under ASC 740. The Company intends to maintain a valuation allowance until sufficient positive evidence exists to support realization of the foreign deferred tax assets.

The differences between income taxes from continuing operations for financial reporting purposes and the U.S. statutory rate of 21% in 2019 and 2018 and 35% in 2017 as follows:


	2019		2018		2017
	(In millions of dollars)
Income tax based on statutory rate	$	24.4	$	(2.0)	$	28.6
State income taxes, net of federal benefit	1.1		3.2		1.6
Foreign tax rate differential	4.6		(8.3)		(1.5)
General business credits	(16.7)		(22.6)		(18.1)
Life insurance cash surrender value	(6.5)		2.1		(7.4)
Foreign items	0.8		1.9		(1.3)
GILTI, net of foreign tax credit	0.5		0.5		—
Foreign-derived intangible income	(0.9)		(0.9)		—
Foreign business taxes	3.8		4.2		4.0
Non-deductible expenses	0.7		2.6		1.3
Tax law change	(0.2)		(0.5)		13.9


Change in deferred tax realizability	(10.6)		(4.3)		(7.8)
Stock compensation	(0.6)		(3.0)		(0.7)
Other, net	—		—		0.2
Total	$	0.4	$	(27.1)	$	12.8

Our tax benefit or expense is affected by recurring items, such as the amount of pretax income and its mix by jurisdiction, U.S. work opportunity credits and the change in cash surrender value of non-taxable investments in life insurance policies. It is also affected by discrete items that may occur in any given period but are not consistent from period to period, such as tax law changes, changes in judgment regarding the realizability of deferred tax assets, or the tax effects of stock compensation. With the Company’s adoption of ASU 2016-01 in the first quarter of 2018, changes in the fair value of the Company’s investment in Persol Holdings are now recognized in the consolidated statements of earnings. These investment gains or losses are treated as discrete since they cannot be estimated.

Several items have contributed to the variance in our income tax benefit or expense over the last three years. Income tax expense for 2019 included a $11.0 million expense from the gain on our investment in Persol Holdings, in addition to a $3.9 million charge to establish valuation allowances in Germany. These charges were offset by a $6.5 million benefit from tax-exempt income on life insurance policies, and a $14.3 million benefit on the release of valuation allowances in the United Kingdom. Income tax benefit for 2018 included a $29.4 million benefit from the loss on our investment in Persol Holdings, a lower U.S. income tax rate, and a benefit on the release of valuation allowances in Australia, offset by non-deductible losses on life insurance policies. Income tax expense for 2017 included a $13.9 million charge to revalue net deferred tax assets due to the U.S. Tax Cuts and Jobs Act (“the Act”), which reduced the U.S. federal corporate income tax rate from 35% to 21%. This charge was offset by a benefit from tax-exempt income on life insurance policies, and a benefit from the release of valuation allowances in Norway, Germany and France.

General business credits primarily represent U.S. work opportunity credits. Foreign items include foreign tax credits, foreign non-deductible expenses and non-taxable income. Foreign business taxes include the French business tax and other taxes based on revenue less certain expenses and are classified as income taxes under ASC Topic 740 (“ASC 740”), Income Taxes. Non-deductible expenses include executive compensation and business meals and entertainment. For 2017, tax law change represents the revaluing of net deferred tax assets as a result of the Act. Among other things, the Act reduced the U.S. federal corporate tax rate from 35% to 21%, effective January 1, 2018, and imposed a one-time transition tax on the Company's accumulated foreign earnings. For year-end 2017, the Company anticipated that the one-time transition tax under the Act would be zero. In accordance with SEC Staff Accounting Bulletin 118, a provisional amount of zero was recorded due to the need for additional analysis of historical data. During the third quarter of 2018, we completed our analysis of foreign subsidiary earnings and profits and finalized our transition tax calculation. Consistent with our estimate at year-end 2017, the transition tax was zero.

The work opportunity credit program generates a significant tax benefit. It is a temporary provision in the U.S. tax law and expires for employees hired after 2020. While the work opportunity credit has routinely been extended, it is uncertain whether

it will again be extended. In the event the program is not renewed, we will continue to receive credits for qualified employees hired prior to 2021.

Provision has not been made for additional income taxes on an estimated $135.3 million of undistributed earnings which are indefinitely reinvested. If these earnings were to be repatriated, the Company could be subject to foreign withholding tax, federal and state income tax, net of federal benefit, and income taxes on foreign exchange gains or losses, of $9.1 million.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2019		2018		2017
	(In millions of dollars)
Balance at beginning of the year	$	1.1	$	1.2	$	1.4

Additions for prior years’ tax positions	—		—		—
Reductions for prior years’ tax positions	—		—		—
Additions for settlements	—		—		—
Reductions for settlements	—		—		—
Reductions for expiration of statutes	(0.2)		(0.1)		(0.2)

Balance at end of the year	$	0.9	$	1.1	$	1.2

If the $0.9 million in 2019, $1.1 million in 2018 and $1.2 million in 2017 of unrecognized tax benefits were recognized, they would have a favorable effect of $0.8 million in 2019, $0.9 million in 2018 and $1.0 million in 2017 on income tax expense.

The Company recognizes both interest and penalties as part of the income tax provision. Interest and penalties expense in 2019, 2018 and 2017 were not significant. Accrued interest and penalties were $0.2 million at year-end 2019 and 2018.

The Company files income tax returns in the U.S. and in various states and foreign countries. The tax periods open to examination by the major taxing jurisdictions to which the Company is subject include the U.S. for fiscal years 2016 through 2019, Canada for fiscal years 2012 through 2019, France for fiscal years 2013 through 2019, Mexico for fiscal years 2014 through 2019, Portugal for fiscal years 2016 through 2019, Russia for fiscal years 2017 through 2019, Switzerland for fiscal years 2010 through 2019, and the United Kingdom for fiscal years 2002 through 2019.

The Company and its subsidiaries have various income tax returns in the process of examination. The unrecognized tax benefit and related interest and penalty balances include approximately $0.5 million for 2019, related to tax positions which are reasonably possible to change within the next twelve months due to income tax audits, settlements and statute expirations.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 29, 2019

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Nature of Operations Kelly Services, Inc. is a specialty talent and workforce solutions provider operating throughout the world.

Staffing Solutions Revenue

Permanent Placement Revenue

Talent Solutions and Outcome-Based Services Revenue

Variable Consideration

Payment Terms

Deferred Revenue

Deferred Costs

Unsatisfied Performance Obligations

fundamentally from SG&A expenses in that they arise specifically from the action of providing our services to customers whereas SG&A costs are incurred regardless of whether or not we place temporary employees with our customers.

Advertising Expenses Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $9.4 million in 2019, $8.7 million in 2018 and $7.9 million in 2017.

Cash and Equivalents Cash and equivalents are stated at fair value. The Company considers securities with original maturities of three months or less to be cash and equivalents.


Category	2019		2018		Life
	(In millions of dollars)
Land	$	—	$	3.8		—
Work in process	2.7		12.2			—
Buildings and improvements	13.0		65.3		15	to	40 years
Computer hardware and software	153.1		153.3		3	to	12 years
Equipment, furniture and fixtures	34.1		34.6			5	years
Leasehold improvements	22.9		25.5		The lesser of the life of the lease or 5 years.
Total property and equipment	$	225.8	$	294.7

Leases See Leases footnote for a description of the accounting policy related to leases.

Interest and penalties related to income taxes are classified as income tax expense. U.S. taxes on global intangible low-taxed income (“GILTI”) are accounted for as incurred.

Commitments- Narrative (Details) $ in Millions	Dec. 29, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Noncancelable purchase obligations	$ 45.6

Assets Held for Sale	12 Months Ended
Assets Held for Sale	Dec. 29, 2019
Assets Held for Sale [Abstract]
Assets Held for Sale	Assets Held for SaleUpon approval of the Company's board of directors, Kelly Properties, LLC, a wholly owned subsidiary of the Company, entered into an agreement on December 4, 2019 to sell three headquarters properties in Troy, Michigan. Accordingly, during the fourth quarter of 2019, the transaction met the criteria to classify the properties as held for sale. The properties held for sale include the parcels of land, together with all rights and easements, in addition to all improvements located on the land, including buildings. Assets held for sale are recorded at the lower of their carrying value or fair value less estimated costs to sell and depreciation is suspended on assets upon classification to held for sale. The combined net carrying amount of the properties held for sale as of year-end 2019 is $21.2 million, which is less than the sales price in the purchase agreement, less costs to sell. The proceeds of the sale are expected to be approximately $51 million, net of taxes and transaction expenses. The Company has presented these assets as current assets held for sale on the consolidated balance sheet as of year-end 2019, as the properties will be sold in the first quarter of 2020 per terms of the purchase agreement. The main headquarters building included in the sale will be leased back.

Revenue - Adoption of ASC Topic 606 Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018	Jan. 01, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Earnings invested in the business	$ 1,238.6	$ 1,138.1
Accounting Standards Update 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Earnings invested in the business			$ 3.4
Difference between Revenue Guidance in Effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Contract with customer, asset			5.2
Deferred tax liabilities			1.2
Transferred at Point in Time \| Difference between Revenue Guidance in Effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Deferred revenue			$ 0.6

Stock-Based Compensation - Summary of Status of Nonvested Restricted Stock Awards and Units (Details) - Restricted Stock - $ / shares shares in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Restricted Stock
Nonvested, beginning balance (in shares)	356
Granted (in shares)	185
Vested (in shares)	(134)
Forfeited (in shares)	(47)
Nonvested, ending balance (in shares)	360	356
Weighted Average Grant Date Fair Value
Nonvested weighted average grant date fair value, beginning balance (in dollars per share)	$ 23.44
Granted (in dollars per share)	24.76	$ 28.79	$ 21.97
Vested (in dollars per share)	21.23
Forfeited (in dollars per share)	23.65
Nonvested weighted average grant date fair value, ending balance (in dollars per share)	$ 24.92	$ 23.44

Other Assets (Tables)

12 Months Ended

Dec. 29, 2019

Other Assets [Abstract]

Schedule of Other Assets

Included in other assets are the following:


	2019		2018
	(In millions of dollars)
Life insurance cash surrender value (see Retirement Benefits footnote)	$	200.6	$	172.5
French CICE ⁽¹⁾	18.2		26.4
Intangibles, net of accumulated amortization of $24.7 million in 2019 and $19.6 million in 2018 ⁽²⁾	49.9		16.5
Long-term customer receivable	12.4		12.4
Workers' compensation and other claims receivable ⁽³⁾	7.7		8.6
Other ⁽⁴⁾	35.3		28.8

Other assets	$	324.1	$	265.2

Supplemental Cash Flow Information

12 Months Ended

Dec. 29, 2019

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Changes in operating assets and liabilities, net of acquisitions, as disclosed in the statements of cash flows, for the fiscal years 2019, 2018 and 2017, respectively, were as follows:


	2019		2018		2017
	(In millions of dollars)
(Increase) decrease in trade accounts receivable	$	46.0	$	(32.0)	$	(126.2)
(Increase) decrease in prepaid expenses and other assets	6.0		(9.5)		(14.2)
(Increase) decrease in ROU assets	0.7		—		—
Increase (decrease) increase in accounts payable and accrued liabilities	(43.0)		17.0		63.9
Increase (decrease) in operating lease liabilities	(21.6)		—		—
Increase (decrease) in accrued payroll and related taxes	(13.2)		(21.0)		32.9
Increase (decrease) in accrued workers’ compensation and other claims	(1.9)		1.9		6.7
Increase (decrease) in income and other taxes	0.6		2.1		7.1

Total changes in operating assets and liabilities, net of acquisitions	$	(26.4)	$	(41.5)	$	(29.8)

The Company paid interest of $3.2 million in 2019, $1.6 million in 2018 and $1.9 million in 2017. The Company paid income taxes of $17.7 million in 2019, $18.3 million in 2018 and $20.1 million in 2017.

Non-cash capital expenditures totaled $1.6 million, $1.8 million and $3.0 million at year-end 2019, 2018 and 2017, respectively.

Supplemental Cash Flow Information - Changes In Operating Assets And Liabilities, Net of Acquisitions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]
(Increase) decrease in trade accounts receivable	$ 46.0	$ (32.0)	$ (126.2)
(Increase) decrease in prepaid expenses and other assets	6.0	(9.5)	(14.2)
(Increase) decrease in ROU assets	0.7	0.0	0.0
Increase (decrease) increase in accounts payable and accrued liabilities	(43.0)	17.0	63.9
Increase (decrease) in operating lease liabilities	(21.6)	0.0	0.0
Increase (decrease) in accrued payroll and related taxes	(13.2)	(21.0)	32.9
Increase (decrease) in accrued workers’ compensation and other claims	(1.9)	1.9	6.7
Increase (decrease) in income and other taxes	0.6	2.1	7.1
Total changes in operating assets and liabilities, net of acquisitions	$ (26.4)	$ (41.5)	$ (29.8)

Summary of Significant Accounting Policies - Property and Equipment At Cost and Depreciable Useful Lives (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment	$ 225.8	$ 294.7
Depreciation expense	25.3	24.0	$ 21.8
Land
Property, Plant and Equipment [Line Items]
Property and equipment	0.0	3.8
Work in process
Property, Plant and Equipment [Line Items]
Property and equipment	2.7	12.2
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property and equipment	$ 13.0	65.3
Buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property and equipment	$ 153.1	153.3
Computer hardware and software \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Computer hardware and software \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	12 years
Equipment, furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment	$ 34.1	34.6
Estimated useful life	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment	$ 22.9	$ 25.5
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years

Other Expense, Net

12 Months Ended

Dec. 29, 2019

Other Income and Expenses [Abstract]

Other Expense, Net

Included in other expense, net are the following:


	2019		2018		2017
	(In millions of dollars)
Interest income	$	1.1	$	0.8	$	0.7
Interest expense	(4.2)		(3.1)		(2.7)
Dividend income	2.5		1.6		1.5
Foreign exchange gains (losses)	(0.8)		0.3		(1.1)

Other	0.2		(0.2)		—

Other expense, net	$	(1.2)	$	(0.6)	$	(1.6)

Dividend income includes dividends earned on the Company’s investment in Persol Holdings (see Investment in Persol Holdings footnote).

Other Expense, Net - Schedule of Other Expense, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Other Income and Expenses [Abstract]
Interest income	$ 1.1	$ 0.8	$ 0.7
Interest expense	(4.2)	(3.1)	(2.7)
Dividend income	2.5	1.6	1.5
Foreign exchange gains (losses)	(0.8)	0.3	(1.1)
Other income	0.2
Other expense		(0.2)	0.0
Other expense, net	$ (1.2)	$ (0.6)	$ (1.6)

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Allowance for trade accounts receivable	$ 12.9	$ 13.2
Class A common stock
Common stock, par value (in dollars per share)	$ 1.00	$ 1.00
Common stock, shares authorized (in shares)	100,000,000	100,000,000.0
Common stock, shares issued (in shares)	36,600,000	36,600,000
Treasury stock, Class A shares (in shares)	1,000,000.0	1,200,000
Class B common stock
Common stock, par value (in dollars per share)	$ 1.00	$ 1.00
Common stock, shares authorized (in shares)	10,000,000	10,000,000.0
Common stock, shares issued (in shares)	3,500,000	3,500,000

Revenue (Tables)

12 Months Ended

Dec. 29, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The table below presents our segment revenues disaggregated by service type (in millions).



	December Year to Date
	2019		2018
Branch-Delivered Staffing
Americas Staffing
Staffing Solutions
Commercial	$	1,502.3	$	1,679.6
Education	451.9		428.0
Professional/Technical	332.4		272.2
Permanent Placement	33.5		37.9
Total Americas Staffing	2,320.1		2,417.7

International Staffing
Staffing Solutions	1,001.1		1,087.7
Permanent Placement	24.8		28.9
Total International Staffing	1,025.9		1,116.6

Global Talent Solutions
Talent Fulfillment
Staffing Solutions	1,015.5		1,117.6
Permanent Placement	1.8		1.9
Talent Solutions	365.8		362.8
Total Talent Fulfillment	1,383.1		1,482.3

Outcome-Based Services	641.4		515.1
Total Global Talent Solutions	2,024.5		1,997.4

Total Intersegment	(14.9)		(17.8)

Total Revenue from Services	$	5,355.6	$	5,513.9

The below table presents our revenues disaggregated by geography (in millions):


	December Year to Date
	2019		2018
Americas
United States	$	3,892.5	$	3,930.0
Canada	136.1		142.4
Mexico	123.6		125.0
Puerto Rico	74.6		96.6
Brazil	34.1		35.2
Total Americas	4,260.9		4,329.2

EMEA
France	248.6		278.9
Switzerland	200.7		212.7
Portugal	179.8		196.9
Russia	117.6		100.4
United Kingdom	103.1		108.8
Italy	75.9		77.5
Germany	41.6		57.1
Ireland	33.1		44.6
Other	67.5		85.6
Total EMEA	1,067.9		1,162.5







Total APAC	26.8		22.2

Total Kelly Services, Inc.	$	5,355.6	$	5,513.9

Segment Disclosures - Narrative (Details)	12 Months Ended
Segment Disclosures - Narrative (Details)	Dec. 29, 2019 segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Disclosures

12 Months Ended

Dec. 29, 2019

Segment Reporting [Abstract]

Segment Disclosures


	2019		2018		2017
	(In millions of dollars)
Revenue from Services:
Americas Staffing	$	2,320.1	$	2,417.7	$	2,345.9
Global Talent Solutions	2,024.5		1,997.4		1,998.9
International Staffing	1,025.9		1,116.6		1,048.2

Less: Intersegment revenue	(14.9)		(17.8)		(18.6)

Consolidated Total	$	5,355.6	$	5,513.9	$	5,374.4


	2019		2018		2017
	(In millions of dollars)
Earnings from Operations:
Americas Staffing gross profit	$	429.5	$	441.3	$	429.1
Americas Staffing SG&A expenses	(372.7)		(364.2)		(346.4)
Americas Staffing Earnings from Operations	56.8		77.1		82.7

Global Talent Solutions gross profit	400.5		381.1		373.7
Global Talent Solutions SG&A expenses	(293.1)		(296.5)		(296.7)
Global Talent Solutions Earnings from Operations	107.4		84.6		77.0

International Staffing gross profit	140.5		152.3		153.7
International Staffing SG&A expenses	(125.3)		(132.3)		(131.6)
International Staffing Earnings from Operations	15.2		20.0		22.1

Less: Intersegment gross profit	(2.1)		(2.5)		(2.4)
Less: Intersegment SG&A expenses	2.1		2.5		2.4
Net Intersegment Activity	—		—		—

Corporate	(97.6)		(94.3)		(98.5)
Consolidated Total	81.8		87.4		83.3
Gain (loss) on investment in Persol Holdings	35.8		(96.2)		—

Other expense, net	(1.2)		(0.6)		(1.6)

Earnings (loss) before taxes and equity in net earnings (loss) of affiliate	$	116.4	$	(9.4)	$	81.7

A summary of revenue from services by geographic area for 2019, 2018 and 2017 follows:


	2019		2018		2017
	(In millions of dollars)
Revenue from Services:
United States	$	3,892.5	$	3,930.0	$	3,894.6
International	1,463.1		1,583.9		1,479.8

Total	$	5,355.6	$	5,513.9	$	5,374.4

Foreign revenue is based on the country in which the legal subsidiary is domiciled. No single foreign country’s revenue represented more than 10% of the consolidated revenues of the Company. No single customer represented more than 10% of the consolidated revenues of the Company.

A summary of long-lived assets information by geographic area as of year-end 2019 and 2018 follows:


	2019		2018
	(In millions of dollars)
Long-Lived Assets:
United States	$	73.1	$	76.8
International	30.4		9.5

Total	$	103.5	$	86.3

Long-lived assets represent property and equipment. No single foreign country’s long-lived assets represented more than 10% of the consolidated long-lived assets of the Company.

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of the year	$ 1.1	$ 1.2	$ 1.4
Additions for prior years’ tax positions	0.0	0.0	0.0
Reductions for prior years’ tax positions	0.0	0.0	0.0
Additions for settlements	0.0	0.0	0.0
Reductions for settlements	0.0	0.0	0.0
Reductions for expiration of statutes	(0.2)	(0.1)	(0.2)
Balance at end of the year	$ 0.9	$ 1.1	$ 1.2

Debt - Narrative (Details) - USD ($)	12 Months Ended
Debt - Narrative (Details) - USD ($)	Dec. 29, 2019	Dec. 30, 2018	Dec. 05, 2019	Dec. 04, 2019
Short-term Debt [Line Items]
Short-term borrowings	$ 1,900,000	$ 2,200,000
Bank overdrafts	800,000
The Facility \| Revolving Line of Credit
Short-term Debt [Line Items]
Maximum borrowing capacity			$ 200,000,000.0	$ 150,000,000.0
Short-term borrowings	0	0
Remaining borrowing capacity	$ 200,000,000.0	$ 150,000,000.0
The Facility \| Revolving Line of Credit \| Facility Fee
Short-term Debt [Line Items]
Commitment fee percentage (in basis points)	0.15%	0.175%
Securitization Facility
Short-term Debt [Line Items]
Maximum borrowing capacity			$ 150,000,000.0	$ 200,000,000.0
Short-term borrowings	$ 0	$ 0
Remaining borrowing capacity	97,700,000	145,000,000.0
Securitization Facility \| Standby Letter of Credit Related to Workers' Compensation
Short-term Debt [Line Items]
Letters of credit outstanding	$ 52,300,000	$ 55,000,000.0
Interest rate	0.90%	0.90%
Securitization Facility \| Facility Fee
Short-term Debt [Line Items]
Commitment fee percentage (in basis points)	0.40%
Unsecured Uncommitted Short-term Local Credit Facilities
Short-term Debt [Line Items]
Maximum borrowing capacity	$ 11,100,000
Short-term borrowings	$ 1,100,000	$ 2,200,000
Interest rate	6.76%	8.42%

Fair Value Measurements (Tables)

12 Months Ended

Dec. 29, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurements on a Recurring Basis

The following tables present assets measured at fair value on a recurring basis as of year-end 2019 and 2018 in the consolidated balance sheet by fair value hierarchy level, as described below.


	Fair Value Measurements on a Recurring Basis As of Year-End 2019
Description	Total		Level 1		Level 2		Level 3
	(In millions of dollars)
Money market funds	$	4.9	$	4.9	$	—	$	—
Investment in Persol Holdings	173.2		173.2		—		—

Total assets at fair value	$	178.1	$	178.1	$	—	$	—


	Fair Value Measurements on a Recurring Basis As of Year-End 2018
Description	Total		Level 1		Level 2		Level 3
	(In millions of dollars)
Money market funds	$	4.6	$	4.6	$	—	$	—
Investment in Persol Holdings	135.1		135.1		—		—

Total assets at fair value	$	139.7	$	139.7	$	—	$	—

Leases - Components of Lease Expense (Details) $ in Millions	12 Months Ended
	Dec. 29, 2019 USD ($)
Operating:
Operating lease cost	$ 26.7
Short-term lease cost	3.5
Variable lease cost	6.7
Financing:
Amortization of ROU assets	0.4
Interest on lease liabilities	0.2
Total lease cost	$ 37.5

Asset Impairment Charges - Narrative (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Asset Impairment Charges [Abstract]
Asset impairment charge	$ 15.8	$ 0.0	$ 0.0	$ 0.0	$ 15.8	$ 0.0	$ 0.0

Acquisitions - Narrative (Details) - USD ($)			3 Months Ended	12 Months Ended
Acquisitions - Narrative (Details) - USD ($)	Jan. 02, 2019	Sep. 05, 2017	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018
Business Acquisition [Line Items]
Additions to Goodwill				$ 20,500,000
NextGen Global Resources LLC
Business Acquisition [Line Items]
Ownership percentage acquired (percent)	100.00%
Purchase price of acquisition	$ 51,000,000.0
Purchase price paid at closing	54,300,000
Intangible assets acquired	$ 21,500,000
Pro forma information, revenue of acquiree since acquisition date, actual				78,300,000
Pro forma information, earnings or loss of acquiree since acquisition date, actual				4,500,000
Business combination, revenue reported by acquired entity for prior period					$ 67,800,000
Business combination, net earnings reported by acquired entity for prior period					3,000,000.0
Global Technology Associates, LLC
Business Acquisition [Line Items]
Ownership percentage acquired (percent)	100.00%
Purchase price of acquisition	$ 34,000,000.0
Purchase price paid at closing	35,700,000
Intangible assets acquired	17,300,000
Pro forma information, revenue of acquiree since acquisition date, actual				62,800,000
Pro forma information, earnings or loss of acquiree since acquisition date, actual				4,500,000
Business combination, revenue reported by acquired entity for prior period					42,500,000
Business combination, net earnings reported by acquired entity for prior period					3,300,000
Teachers On Call, Inc.
Business Acquisition [Line Items]
Ownership percentage acquired (percent)		100.00%
Purchase price of acquisition		$ 41,000,000.0
Purchase price paid at closing		39,000,000.0
Intangible assets acquired		18,300,000
Additions to Goodwill			$ 200,000
Goodwill expected to be deductible				18,800,000
Indemnification asset recognized as of the acquisition date		$ 2,800,000
Indemnification asset				$ 0	$ 100,000
Customer Relationships \| NextGen Global Resources LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 12,900,000
Acquired finite-lived intangible assets, weighted average useful life (years)	10 years
Customer Relationships \| Global Technology Associates, LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 12,100,000
Acquired finite-lived intangible assets, weighted average useful life (years)	10 years
Trade Names \| NextGen Global Resources LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 8,100,000
Acquired finite-lived intangible assets, weighted average useful life (years)	15 years
Trade Names \| Global Technology Associates, LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 4,000,000.0
Acquired finite-lived intangible assets, weighted average useful life (years)	15 years
Noncompete Agreements \| NextGen Global Resources LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 500,000
Acquired finite-lived intangible assets, weighted average useful life (years)	5 years
Noncompete Agreements \| Global Technology Associates, LLC
Business Acquisition [Line Items]
Intangible assets acquired	$ 1,200,000
Acquired finite-lived intangible assets, weighted average useful life (years)	5 years

Income Taxes - Earnings (Loss) From Continuing Operations Before Taxes Per Jurisdiction (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Domestic	$ 46.6	$ 53.1	$ 55.2
Foreign	69.8	(62.5)	26.5
Earnings (loss) before taxes and equity in net earnings (loss) of affiliate	$ 116.4	$ (9.4)	$ 81.7

Selected Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 29, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (unaudited)


	Fiscal Year 2019
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(In millions of dollars except per share data)
Revenue from services	$	1,382.6	$	1,367.5	$	1,267.7	$	1,337.8	$	5,355.6
Gross profit	251.6		244.0		227.7		245.1		968.4
SG&A expenses	234.8		221.5		210.6		216.2		883.1
Restructuring charges included in SG&A expenses	6.3		(0.6)		(0.1)		(0.1)		5.5
Gain on sale of assets ⁽²⁾	—		12.3		—		—		12.3
Asset impairment charge ⁽³⁾	—		—		—		15.8		15.8
Gain (loss) on investment in Persol Holdings	13.2		61.2		(39.3)		0.7		35.8

Net earnings (loss)	22.1		83.8		(10.5)		17.0		112.4
Basic earnings (loss) per share ⁽¹⁾	0.56		2.12		(0.27)		0.43		2.85



Diluted earnings (loss) per share ⁽¹⁾	0.56		2.12		(0.27)		0.43		2.84



Dividends per share	0.075		0.075		0.075		0.075		0.30


	Fiscal Year 2018
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(In millions of dollars except per share data)
Revenue from services	$	1,369.9	$	1,386.9	$	1,342.4	$	1,414.7	$	5,513.9
Gross profit	238.2		240.5		239.1		254.4		972.2
SG&A expenses	226.2		220.1		217.2		221.3		884.8

Gain (loss) on investment in Persol Holdings	23.7		(52.5)		15.8		(83.2)		(96.2)

Net earnings (loss)	29.1		(15.4)		33.1		(23.9)		22.9
Basic earnings (loss) per share ⁽¹⁾	0.74		(0.40)		0.84		(0.62)		0.59



Diluted earnings (loss) per share ⁽¹⁾	0.74		(0.40)		0.84		(0.62)		0.58



Dividends per share	0.075		0.075		0.075		0.075		0.30

(1)Earnings per share amounts for each quarter are required to be computed independently and may not equal the amounts computed for the total year.

(2)Gain on sale of assets primarily represents the excess of the proceeds over the cost of an unused parcel of land located near the Company headquarters sold during the second quarter of 2019.

Other Expense, Net (Tables)

12 Months Ended

Dec. 29, 2019

Other Income and Expenses [Abstract]

Schedule of Other Expense, Net

Included in other expense, net are the following:


	2019		2018		2017
	(In millions of dollars)
Interest income	$	1.1	$	0.8	$	0.7
Interest expense	(4.2)		(3.1)		(2.7)
Dividend income	2.5		1.6		1.5
Foreign exchange gains (losses)	(0.8)		0.3		(1.1)

Other	0.2		(0.2)		—

Other expense, net	$	(1.2)	$	(0.6)	$	(1.6)

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenue from services	$ 5,355.6	$ 5,513.9	$ 5,374.4
Outcome-Based Services
Disaggregation of Revenue [Line Items]
Revenue from services	641.4	515.1
Global Talent Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	2,024.5	1,997.4
Americas Staffing
Disaggregation of Revenue [Line Items]
Revenue from services	2,320.1	2,417.7
Americas Staffing \| Commercial
Disaggregation of Revenue [Line Items]
Revenue from services	1,502.3	1,679.6
Americas Staffing \| Education
Disaggregation of Revenue [Line Items]
Revenue from services	451.9	428.0
Americas Staffing \| PT
Disaggregation of Revenue [Line Items]
Revenue from services	332.4	272.2
Americas Staffing \| Permanent Placement
Disaggregation of Revenue [Line Items]
Revenue from services	33.5	37.9
International Staffing
Disaggregation of Revenue [Line Items]
Revenue from services	1,025.9	1,116.6
International Staffing \| Permanent Placement
Disaggregation of Revenue [Line Items]
Revenue from services	24.8	28.9
International Staffing \| Staffing Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	1,001.1	1,087.7
Talent Fulfillment
Disaggregation of Revenue [Line Items]
Revenue from services	1,383.1	1,482.3
Talent Fulfillment \| Permanent Placement
Disaggregation of Revenue [Line Items]
Revenue from services	1.8	1.9
Talent Fulfillment \| Staffing Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	1,015.5	1,117.6
Talent Fulfillment \| Talent Solutions
Disaggregation of Revenue [Line Items]
Revenue from services	365.8	362.8
Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue from services	$ (14.9)	$ (17.8)

Segment Disclosures - Segment Revenue Per Service (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Revenues [Abstract]
Revenue from services	$ 1,337.8	$ 1,267.7	$ 1,367.5	$ 1,382.6	$ 1,414.7	$ 1,342.4	$ 1,386.9	$ 1,369.9	$ 5,355.6	$ 5,513.9
Service
Revenues [Abstract]
Revenue from services									5,355.6	5,513.9	$ 5,374.4
Service \| Reporting Segments \| Americas Staffing
Revenues [Abstract]
Revenue from services									2,320.1	2,417.7	2,345.9
Service \| Reporting Segments \| GTS
Revenues [Abstract]
Revenue from services									2,024.5	1,997.4	1,998.9
Service \| Reporting Segments \| International Staffing
Revenues [Abstract]
Revenue from services									1,025.9	1,116.6	1,048.2
Service \| Intersegment Eliminations
Revenues [Abstract]
Revenue from services									$ (14.9)	$ (17.8)	$ (18.6)

Revenue

12 Months Ended

Dec. 29, 2019

Revenue from Contract with Customer [Abstract]

Revenue

Adoption of ASC Topic 606, Revenue from Contracts with Customers

On January 1, 2018, we adopted ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”), using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under ASC 605.

We recorded a net increase to opening earnings invested in the business of $3.4 million as of January 1, 2018 due to the cumulative impact of adopting ASC 606. The impact is primarily driven by the deferral of contract costs related to our customer contracts of $5.2 million, partially offset by deferring revenue billed at a point in time for services performed over time of $0.6 million and a deferred tax liability of $1.2 million. As of and for year to date 2018, the consolidated financial statements were not materially impacted as a result of the application of Topic 606 compared to Topic 605.

Revenue Disaggregated by Service Type

Staffing solutions can be branch-delivered (Americas and EMEA regions) or centrally delivered (within Global Talent Solutions ("GTS")). Our Americas Staffing segment is organized to deliver services in a number of specialty staffing solutions, which are summarized as: commercial, specialized professional/technical ("PT") and educational staffing. Permanent placement solutions can be branch-delivered (Americas and EMEA regions) or centrally delivered (within GTS). In addition to centrally delivered staffing services, our GTS segment also includes talent solutions (contingent workforce outsourcing "CWO," payroll process outsourcing "PPO," and recruitment process outsourcing "RPO,") and outcome-based services (business process outsourcing "BPO," KellyConnect, career transition/outplacement services and talent advisory services).

The table below presents our segment revenues disaggregated by service type (in millions).



	December Year to Date
	2019		2018
Branch-Delivered Staffing
Americas Staffing
Staffing Solutions
Commercial	$	1,502.3	$	1,679.6
Education	451.9		428.0
Professional/Technical	332.4		272.2
Permanent Placement	33.5		37.9
Total Americas Staffing	2,320.1		2,417.7

International Staffing
Staffing Solutions	1,001.1		1,087.7
Permanent Placement	24.8		28.9
Total International Staffing	1,025.9		1,116.6

Global Talent Solutions
Talent Fulfillment
Staffing Solutions	1,015.5		1,117.6
Permanent Placement	1.8		1.9
Talent Solutions	365.8		362.8
Total Talent Fulfillment	1,383.1		1,482.3

Outcome-Based Services	641.4		515.1
Total Global Talent Solutions	2,024.5		1,997.4

Total Intersegment	(14.9)		(17.8)

Total Revenue from Services	$	5,355.6	$	5,513.9

Revenue Disaggregated by Geography

Our operations are subject to different economic and regulatory environments depending on geographic location. Our GTS segment operates in Americas, EMEA and APAC regions. For 2019 and 2018, GTS made up $1,955.5 million and $1,929.3 million in total Americas, respectively, $42.1 million and $45.9 million in total EMEA, respectively, and the entire balance in APAC.

The below table presents our revenues disaggregated by geography (in millions):


	December Year to Date
	2019		2018
Americas
United States	$	3,892.5	$	3,930.0
Canada	136.1		142.4
Mexico	123.6		125.0
Puerto Rico	74.6		96.6
Brazil	34.1		35.2
Total Americas	4,260.9		4,329.2

EMEA
France	248.6		278.9
Switzerland	200.7		212.7
Portugal	179.8		196.9
Russia	117.6		100.4
United Kingdom	103.1		108.8
Italy	75.9		77.5
Germany	41.6		57.1
Ireland	33.1		44.6
Other	67.5		85.6
Total EMEA	1,067.9		1,162.5







Total APAC	26.8		22.2

Total Kelly Services, Inc.	$	5,355.6	$	5,513.9

Deferred Costs

Deferred sales commissions, which are included in other assets in the consolidated balance sheet, were $1.5 million as of year-end 2019 and $2.3 million as of 2018. Amortization expense for the deferred costs was $1.6 million for 2019 and $1.7 million for 2018. As of year-end 2019, there was no impairment loss in relation to the costs capitalized.

Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $3.6 million as of year-end 2019 and $3.0 million as of 2018. Amortization expense for the deferred costs was $14.6 million for 2019 and $13.0 million for 2018. As of year-end 2019, there was no impairment loss in relation to the costs capitalized.

Schedule II - Valuation Reserves

12 Months Ended

Dec. 29, 2019

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation Reserves

SCHEDULE II - VALUATION RESERVES

(In millions of dollars)


			Additions
	Balance at beginning of year		Charged to costs and expenses	Charged to other accounts		Currency exchange effects	Deductions from reserves	Balance at end of year
Description

Fiscal year ended December 29, 2019

Reserve deducted in the balance sheet from the assets to which it applies -

Allowance for doubtful accounts	$	13.2	3.4	0.7	(1)	—	(4.4)	$	12.9

Deferred tax assets valuation allowance	$	27.8	6.1	—		(0.3)	(14.6)	$	19.0

Fiscal year ended December 30, 2018

Reserve deducted in the balance sheet from the assets to which it applies -

Allowance for doubtful accounts	$	12.9	3.5	(0.5)	(1)	(0.4)	(2.3)	$	13.2

Deferred tax assets valuation allowance	$	34.6	2.6	—		(1.8)	(7.6)	$	27.8

Fiscal year ended December 31, 2017

Reserve deducted in the balance sheet from the assets to which it applies -

Allowance for doubtful accounts	$	12.5	5.3	0.3	(1)	0.6	(5.8)	$	12.9

Deferred tax assets valuation allowance	$	42.1	1.7	—		3.3	(12.5)	$	34.6

⁽¹⁾Adjustment to provision for sales allowances charged to revenue from services.

Investment in PersolKelly Asia Pacific - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 29, 2019 USD ($) country	Dec. 30, 2018 USD ($)	Dec. 31, 2017 USD ($)	Sep. 29, 2019 USD ($)
Schedule of Equity Method Investments [Line Items]
Equity in net earnings (loss) of affiliate	$ (3.6)	$ 5.2	$ 2.7
Investment in equity affiliate	117.2	121.3
Advances to PersolKelly Asia Pacific	4.4
Accounts payable	$ 503.6	540.6
PersolKelly Asia Pacific
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	49.00%
Due from PersolKelly Asia Pacific	$ 10.9	10.2
Advances to PersolKelly Asia Pacific		7.0		$ 4.4
Number of Countries in which Entity Operates \| country	10
TS Kelly Workforce Solutions
Schedule of Equity Method Investments [Line Items]
Repayment of loan			$ 0.6
PersolKelly Asia Pacific
Schedule of Equity Method Investments [Line Items]
Accounts payable	$ 0.2	$ 0.2

Assets Held for Sale - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Assets Held for Sale [Abstract]
Properties held for sale	$ 21.2	$ 0.0
Expected proceeds from sale of property held-for-sale	$ 51.0

Commitments	12 Months Ended
Commitments	Dec. 29, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments	CommitmentsIn addition to lease agreements (see Leases footnote), the Company has entered into noncancelable purchase obligations totaling $45.6 million. These obligations relate primarily to technology services and online tools which the Company expects to utilize generally within the next two fiscal years, in the ordinary course of business. The Company has no material unrecorded commitments, losses, contingencies or guarantees associated with any related parties or unconsolidated entities. See the Debt and Retirement Benefits footnotes for commitments related to debt and pension obligations.

Segment Disclosures - Segment Earnings from Operations (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross profit	$ 245.1	$ 227.7	$ 244.0	$ 251.6	$ 254.4	$ 239.1	$ 240.5	$ 238.2	$ 968.4	$ 972.2	$ 954.1
SG&A expenses	(216.2)	(210.6)	(221.5)	(234.8)	(221.3)	(217.2)	(220.1)	(226.2)	(883.1)	(884.8)	(870.8)
Earnings from operations									81.8	87.4	83.3
Gain (loss) on investment in Persol Holdings	$ 0.7	$ (39.3)	$ 61.2	$ 13.2	$ (83.2)	$ 15.8	$ (52.5)	$ 23.7	35.8	(96.2)	0.0
Other expense, net									(1.2)	(0.6)	(1.6)
Earnings (loss) before taxes and equity in net earnings (loss) of affiliate									116.4	(9.4)	81.7
Reporting Segments \| Americas Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross profit									429.5	441.3	429.1
SG&A expenses									(372.7)	(364.2)	(346.4)
Earnings from operations									56.8	77.1	82.7
Reporting Segments \| GTS
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross profit									400.5	381.1	373.7
SG&A expenses									(293.1)	(296.5)	(296.7)
Earnings from operations									107.4	84.6	77.0
Reporting Segments \| International Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross profit									140.5	152.3	153.7
SG&A expenses									(125.3)	(132.3)	(131.6)
Earnings from operations									15.2	20.0	22.1
Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross profit									(2.1)	(2.5)	(2.4)
SG&A expenses									2.1	2.5	2.4
Earnings from operations									0.0	0.0	0.0
Corporate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Earnings from operations									$ (97.6)	$ (94.3)	$ (98.5)

Acquisitions

12 Months Ended

Dec. 29, 2019

Business Combinations [Abstract]

Acquisitions

In the first quarter of 2019, the Company acquired NextGen Global Resources LLC (“NextGen”) and Global Technology Associates, LLC (“GTA”), as detailed below. We have accounted for these acquisitions under Accounting Standards Update (“ASU”) 2017-01, Business Combinations.

NextGen Global Resources

On January 2, 2019, the Company acquired 100% of the membership interests of NextGen, a leading provider of telecommunications staffing solutions, for a purchase price of $51.0 million. Under terms of the purchase agreement, the purchase price was adjusted for cash held by NextGen at the closing date and estimated working capital adjustments resulting in the Company paying cash of $54.3 million. As of year-end 2019, the purchase price allocation is final.

This acquisition will increase our presence and market share in the telecommunications industry within the engineering staffing solutions market. NextGen’s results of operations are included in the Americas Staffing segment in 2019.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	3.5
Trade accounts receivable	19.7
Other current assets	0.3
Goodwill	13.7
Intangibles	21.5
Other noncurrent assets	0.5
Current liabilities	(4.9)
Purchase price paid, including working capital adjustments	$	54.3

Included in the assets purchased in the NextGen acquisition was approximately $21.5 million of intangible assets, made up of $12.9 million in customer relationships, $8.1 million associated with NextGen’s trade name and $0.5 million for non-compete agreements. The customer relationships will be amortized over 10 years with no residual value, the trade name will be amortized over 15 years with no residual value and the non-compete agreements will be amortized over five years with no residual value. Goodwill generated from this acquisition is primarily attributable to the market potential as a staffing solutions provider to the expanding telecommunications industry, and is assigned to the Americas Staffing reporting unit (see Goodwill and Intangible Assets footnote). All of the goodwill is deductible for tax purposes.

Global Technology Associates

On January 2, 2019, in a separate transaction, the Company acquired 100% of the membership interests of GTA, a leading provider of engineering, technology and business consulting solutions in the telecommunications industry, for a purchase price of $34.0 million. Under terms of the purchase agreement, the purchase price was adjusted for cash held by GTA at the closing date and estimated working capital adjustments resulting in the Company paying cash of $35.7 million. As of year-end 2019, the purchase price allocation is final.

This acquisition will increase our presence and market share in the telecommunications industry within the engineering outcome-based solutions market. GTA’s results of operations are included in the GTS segment in 2019.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	0.1
Trade accounts receivable	13.9
Other current assets	0.1
Goodwill	6.8
Intangibles	17.3
Other noncurrent assets	0.4
Current liabilities	(2.9)
Purchase price paid, including working capital adjustments	$	35.7

Included in the assets purchased in the GTA acquisition was approximately $17.3 million of intangible assets, made up of $12.1 million in customer relationships, $4.0 million associated with GTA’s trade name and $1.2 million for non-compete agreements. The customer relationships will be amortized over 10 years with no residual value, the trade name will be amortized over 15 years with no residual value and the non-compete agreements will be amortized over five years with no residual value. Goodwill generated from this acquisition is primarily attributable to the market potential as a solutions provider to the expanding telecommunications industry, and is assigned to the GTS reporting unit (see Goodwill and Intangible Assets footnote). All of the goodwill is deductible for tax purposes.

Pro Forma Information

Our consolidated revenues and net earnings for the year ended 2019 included $78.3 million and $4.5 million, respectively, from NextGen and $62.8 million and $4.5 million, respectively, from GTA. The following unaudited pro forma information presents a summary of the operating results as if the NextGen and GTA acquisitions had been completed as of January 1, 2018 (in millions of dollars, except per share data):


	December Year to Date
	2019		2018
Pro forma revenues	$	5,355.6	$	5,624.2
Pro forma net earnings	112.4		29.8
Pro forma basic earnings per share	2.85		0.76
Pro forma diluted earnings per share	2.84		0.75

Due to the date of the acquisitions, the 2019 actual results represent the 2019 pro forma results. For December year to date 2018, NextGen pro forma revenues and net earnings were $67.8 million and $3.0 million, respectively, and GTA pro forma revenues and net earnings were $42.5 million and $3.3 million, respectively.

The pro forma results for December year to date 2018 reflect amortization of the intangible assets, applicable taxes, adjustments for the accounting for revenue under ASC 606, and transaction expenses, none of which had a material impact on the pro forma results. The unaudited pro forma information presented has been prepared for comparative purposes only and is not necessarily indicative of the results of operations as they would have been had the acquisitions occurred on the assumed dates, nor is it necessarily an indication of future operating results.

Teachers On Call

On September 5, 2017, Kelly Services USA, LLC, a wholly owned subsidiary of the Company, acquired 100% of the issued and outstanding shares of Teachers On Call, Inc. (“TOC”), an educational staffing firm in the U.S. for a purchase price of $41.0 million. Under terms of the purchase agreement, the purchase price was adjusted for cash held by TOC at the closing date less an estimated working capital adjustment resulting in the Company paying cash of $39.0 million at closing. In the first quarter of 2018, the Company paid a working capital adjustment of $0.2 million, resulting in an increase of goodwill.

Pro forma results of operations for this acquisition have not been presented as it is not material to the consolidated statements of earnings. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):


Cash	$	1.8
Other current assets	3.6
Goodwill	18.7
Intangibles	18.3
Other noncurrent assets	0.5
Current liabilities	(3.9)
Purchase price paid at closing	$	39.0

Goodwill generated from this acquisition is primarily attributable to expected synergies from combining operations and expanding market potential, and is assigned to the Americas Staffing reporting unit. The amount of goodwill deductible for tax purposes is approximately $18.8 million as of year-end 2019. An indemnification asset of $2.8 million was recognized as of the acquisition date related to pre-acquisition tax liabilities. The indemnification asset was zero as of year-end 2019 and $0.1 million as of year-end 2018, with the change driven by cash received from the seller to pay pre-acquisition tax liabilities.

Restructuring (Tables)

12 Months Ended

Dec. 29, 2019

Restructuring and Related Activities [Abstract]

Summary of Restructuring Reserve

A summary of our global restructuring balance sheet accrual, included in accrued payroll and related taxes, is detailed below (in millions of dollars).


Balance as of year-end 2018	$	—
Additions charged to Americas Staffing	6.3
Reductions for cash payments	(5.2)
Accrual adjustments	(0.8)
Balance as of year-end 2019	$	0.3

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		12 Months Ended
	Feb. 11, 2020	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017	Mar. 31, 2019	Feb. 14, 2018	Feb. 15, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Plan activity adjustment period - Evergreen provision		5 years
Number of shares available for grant (in shares) - Fixed provision		3,400
Tax benefit		$ 1.3	$ 4.4	$ 4.2
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		4 years
Unrecognized compensation cost, unvested restricted stock		$ 6.5
Compensation cost not yet recognized, period for recognition		1 year 9 months 18 days
Grants in period (in dollars per share)		$ 24.76	$ 28.79	$ 21.97
Vested in period, fair value		$ 3.3	$ 4.9	$ 5.8
Granted (in shares)		185
Weighted average grant date fair value (in dollars per share)		$ 24.92	$ 23.44
Total nonvested shares (in shares)		360	356
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		260	222	387
Performance measurement period		3 years	3 years	3 years
Performance Shares, Total Shareholder Return
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, unvested restricted stock		$ 0.5
Compensation cost not yet recognized, period for recognition		1 year
Grants in period (in dollars per share)		$ 0
Vested in period, fair value		$ 1.4
Granted (in shares)		0	59	101
Performance measurement period		3 years	3 years	3 years
Weighted average grant date fair value (in dollars per share)		$ 25.24	$ 23.56
Total nonvested shares (in shares)		114	173
Performance Shares, Total Shareholder Return \| Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Actual percentage achieved	0.00%
Performance Shares, Total Shareholder Return \| Monte Carlo Fair Value
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)						$ 31.38	$ 20.16
Performance Shares, Single Financial Goal
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		4 years	4 years	4 years
Granted (in shares)		53	45	83
Performance measurement period		1 year	1 year	1 year
Performance Shares, Financial Goals
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, unvested restricted stock		$ 1.0
Compensation cost not yet recognized, period for recognition		1 year 10 months 24 days
Vested in period, fair value		$ 3.4
Granted (in shares)			118	203
Weighted average grant date fair value (in dollars per share)		$ 25.54				$ 28.40	$ 21.07
Performance Shares, Financial Goals \| Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Actual percentage achieved	55.00%
Stock-based compensation cost
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation cost		$ 5.6	$ 8.1	$ 9.1
Class A common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares available for grants - Evergreen provision		15.00%
Maximum number of shares available for grants - Fixed provision		4,700
Performance shares eligible to earn more than target \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		207	177	304
Maximum shares eligible to earn \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		413	355	609
Maximum target percentage allowed under grant		200.00%	200.00%	200.00%
Maximum shares eligible to earn \| Performance Shares, Financial Goals
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum target percentage allowed under grant			200.00%
2019 grant \| Maximum shares eligible to earn \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total nonvested shares (in shares)		364
2018 grant \| Performance Shares, Total Shareholder Return
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total nonvested shares (in shares)		104
2018 grant \| Performance Shares, Financial Goals
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)		$ 21.38
Total nonvested shares (in shares)		207
2017 grant \| Performance Shares, Total Shareholder Return
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total nonvested shares (in shares)		0
2017 grant \| Performance Shares, Financial Goals
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value (in dollars per share)					$ 23.76
Total nonvested shares (in shares)		69

Goodwill and Intangible Assets - Finite and Indefinite Lived Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Less: Accumulated Amortization	$ 10.3	$ 5.0
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Gross Carrying Amount	60.2	21.5
Intangible Assets, Net	49.9	16.5
Trademarks
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite-lived Intangible Assets (Excluding Goodwill)	$ 4.8	4.8
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	10 years
Gross Carrying amount	$ 40.1	15.2
Less: Accumulated Amortization	8.3	4.5
Net	$ 31.8	10.7
Candidate Database
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	4 years
Gross Carrying amount	$ 1.5	1.5
Less: Accumulated Amortization	0.9	0.5
Net	$ 0.6	1.0
Trade Names
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	15 years
Gross Carrying amount	$ 12.1	0.0
Less: Accumulated Amortization	0.8	0.0
Net	$ 11.3	0.0
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	5 years
Gross Carrying amount	$ 1.7	0.0
Less: Accumulated Amortization	0.3	0.0
Net	$ 1.4	$ 0.0

Stockholders' Equity - Changes in Accumulated Other Comprehensive Income by Component, Net of Tax (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 29, 2019

Dec. 30, 2018

Dec. 31, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Balance at beginning of year

$ 1,159.5

$ 1,151.5

Balance at end of year

1,264.5

1,159.5

$ 1,151.5

Foreign currency translation adjustments:

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Balance at beginning of year

(15.7)

(6.9)

(23.3)

Other comprehensive income (loss) before classifications

2.5

(8.4)

16.4

Amounts reclassified from accumulated other comprehensive income

^[1]

0.0

(0.4)

0.0

Net current-period other comprehensive income (loss)

2.5

(8.8)

16.4

Balance at end of year

(13.2)

(15.7)

(6.9)

Unrealized gains and losses on investment:

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Balance at beginning of year

0.0

140.0

83.8

Other comprehensive income (loss) before classifications

0.0

56.2

Amounts reclassified from accumulated other comprehensive income

0.0

Net current-period other comprehensive income (loss)

0.0

(140.0)

56.2

Balance at end of year

0.0

140.0

Pension liability adjustments:

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Balance at beginning of year

(1.4)

(2.3)

(1.8)

Other comprehensive income (loss) before classifications

(1.3)

0.8

(0.6)

Amounts reclassified from accumulated other comprehensive income

^[2]

0.1

Net current-period other comprehensive income (loss)

(1.2)

0.9

(0.5)

Balance at end of year

(2.6)

(1.4)

(2.3)

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Balance at beginning of year

(17.1)

130.8

58.7

Balance at end of year

(15.8)

(17.1)

130.8

Accounting Standards Update 2016-01 | Unrealized gains and losses on investment:

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Cumulative-effect adjustment from adoption of ASU 2016-01, Financial Instruments

$ 0.0

(140.0)

$ 0.0

Accounting Standards Update 2016-01 | Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Cumulative-effect adjustment from adoption of ASU 2016-01, Financial Instruments

$ (140.0)

[1]	Amount was recorded in the other expense, net line item in the consolidated statements of earnings.
[2]	Amount was recorded in the SG&A expenses line item in the consolidated statements of earnings.

Selected Quarterly Financial Data (unaudited) - Schedule of Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 30, 2018	Sep. 30, 2018	Jul. 01, 2018	Apr. 01, 2018	Dec. 29, 2019	Dec. 30, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenue from services	$ 1,337.8	$ 1,267.7	$ 1,367.5	$ 1,382.6	$ 1,414.7	$ 1,342.4	$ 1,386.9	$ 1,369.9	$ 5,355.6	$ 5,513.9
Gross profit	245.1	227.7	244.0	251.6	254.4	239.1	240.5	238.2	968.4	972.2	$ 954.1
SG&A expenses	216.2	210.6	221.5	234.8	221.3	217.2	220.1	226.2	883.1	884.8	870.8
Restructuring charges included in SG&A expenses	(0.1)	(0.1)	(0.6)	6.3					5.5
(Gain) on sale of assets	0.0	0.0	12.3	0.0					12.3	0.0	0.0
Asset impairment charge	15.8	0.0	0.0	0.0					15.8	0.0	0.0
Gain (loss) on investment in Persol Holdings	0.7	(39.3)	61.2	13.2	(83.2)	15.8	(52.5)	23.7	35.8	(96.2)	0.0
Net earnings (loss)	$ 17.0	$ (10.5)	$ 83.8	$ 22.1	$ (23.9)	$ 33.1	$ (15.4)	$ 29.1	$ 112.4	$ 22.9	$ 71.6
Basic earnings (loss) per share on common stock (in dollars per share)	$ 0.43	$ (0.27)	$ 2.12	$ 0.56	$ (0.62)	$ 0.84	$ (0.40)	$ 0.74	$ 2.85	$ 0.59	$ 1.84
Diluted earnings (loss) per share on common stock (in dollars per share)	0.43	(0.27)	2.12	0.56	(0.62)	0.84	(0.40)	0.74	2.84	0.58	$ 1.81
Dividends per share (in dollars per share)	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.30	$ 0.30

Restructuring - Narrative (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
Restructuring - Narrative (Details) - USD ($) $ in Millions	Dec. 29, 2019	Sep. 29, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 29, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring charges included in SG&A expenses	$ (0.1)	$ (0.1)	$ (0.6)	$ 6.3	$ 5.5
Americas Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring charges included in SG&A expenses					6.3
Selling, General and Administrative Expenses \| Americas Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring charges included in SG&A expenses					$ 5.5