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

Company: KELLY SERVICES INC
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 13
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 112.4 Mexico60.7 75.7 46.5 Total Americas Region4,234.2 3,928.3 3,998.6 EuropeSwitzerland4.0 224.2 222.8 France0.4 194.4 199.4 Portugal— 189.4 169.5 Italy— 63.9 69.3 Russia— — 63.4 Other37.5 191.8 200.3 Total Europe Region41.9 863.7 924.7 Total Asia-Pacific Region55.7 43.7 42.1 Total Kelly Services, Inc.$4,331.8 $4,835.7 $4,965.4 

66

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

The below table presents revenue from our SET, OCG and former International segment, which previously included our Mexico operations, disaggregated by geographic region (in millions of dollars):December Year to Date202420232022Science, Engineering & TechnologyAmericas$1,412.1 $1,175.2 $1,250.3 Europe10.7 15.6 15.1 Total Science, Engineering & Technology$1,422.8 $1,190.8 $1,265.4 Outsourcing & ConsultingAmericas$381.4 $375.0 $403.3 Europe31.2 36.0 22.6 Asia-Pacific55.7 43.7 42.1 Total Outsourcing & Consulting$468.3 $454.7 $468.0 InternationalEurope$— $812.1 $887.0 Total International$— $812.1 $887.0 Deferred CostsDeferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $1.8 million as of year-end 2024 and $3.4 million as of 2023.  Amortization expense for the deferred costs was $6.7 million for 2024, $7.7 million for 2023 and $10.1 million for 2022.  As of year-end 2024, there was no impairment loss in