Company: KELYB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000055135-25-000007
Chunk: 57

Company: KELLY SERVICES INC
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 57
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 employees directly related to the Company’s operations and service delivery.  These expenses include salaries, related payroll taxes, various benefits and performance-based incentives and bonuses for these employees.(3)  For each reportable segment, the other segment expense category includes:•P&I - Shared services costs for IT, human resources, legal and finance support, facilities and equipment-related costs, other professional services and overhead expenses, and operational software licenses.•SET - Shared services costs for IT, human resources, legal and finance support, other professional services and overhead expenses, facilities and equipment-related costs, and operational software licenses.•EDU - Shared services costs for IT, human resources, legal and finance support, other professional services and overhead expenses, facilities and equipment-related costs, and operational software licenses.•OCG - Shared services costs for IT, human resources, legal and finance support, other professional services and overhead expenses, operational software licenses, and facilities and equipment-related costs.(4)  Represents total company depreciation and amortization of intangibles, including the amortization of hosted software.  

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KELLY SERVICES, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

Fiscal Year Ended December 31, 2023(In millions of dollars)P&ISETEDUOCGInternationalInter-SegmentConsolidatedRevenue from services$1,539.5 $1,190.8 $841.9 $454.7 $812.1 $(3.3)$4,835.7 Cost of services(1)1,262.4 918.8 713.2 291.2 692.0 (3.3)3,874.3 Direct salaries(2)163.5127.1 59.6 116.6 83.6 Other segment expenses(3)97.369.8 32.8 42.7 38.4 SG&A expenses260.8196.992.4159.3122.0— 831.4 Asset impairment charge0.30.1 — 2.0 — — 2.4 Business unit profit (loss)$16.0 $75.0 $36.3 $2.2 $(1.9)$— $127.6 Corporate SG&A(63.2)Depreciation and amortization(4)(40.1)Consolidated