Company: KELYB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000055135-25-000007
Chunk: 40

Company: KELLY SERVICES INC
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 40
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.2 million remaining shares available under the share repurchase program as of year-end 2022.  A total of 2,971,471 shares were repurchased under the share repurchase program at an average price of $16.83 per share.Accumulated Other Comprehensive Income (Loss)The changes in accumulated other comprehensive income (loss) by component, net of tax, during 2024, 2023 and 2022 are included in the table below (in millions of dollars).  Amounts in parentheses indicate debits.202420232022Foreign currency translation adjustments:Beginning balance$0.6 $(7.4)$(25.0)Other comprehensive income (loss) before classifications(6.9)8.0 (7.5)Amounts reclassified from accumulated other comprehensive income (loss) - liquidation of Japan subsidiary— — 20.4 (1)Amounts reclassified from accumulated other comprehensive income (loss) - equity method investment and other(0.6)— 4.7 (2)Net current-period other comprehensive income (loss)(7.5)8.0 17.6 Ending balance(6.9)0.6 (7.4)Pension liability adjustments:Beginning balance(0.4)(1.1)(2.7)Other comprehensive income (loss) before classifications— 0.6 1.5 Amounts reclassified from accumulated other comprehensive income0.4 (3)0.1 (3)0.1 (3)Net current-period other comprehensive income (loss)0.4 0.7 1.6 Ending balance— (0.4)(1.1)Total accumulated other comprehensive income (loss)$(6.9)$0.2 $(8.5)(1)Amount was recorded in the loss on currency translation from liquidation of subsidiary in the consolidated statements of earnings.

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

(2)Of the amount included in this line item $1.9 million in 2022 was recorded in the other income (expense), net line item in the consolidated statements of earnings related to the investment in PersolKelly Pte. Ltd. (see Investment in PersolKelly Pte. Ltd. footnote for more details).  In addition, $1.4 million in