Kelly Services, Inc. (KELYB)

Kelly Services Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021	Dec 29, 2019
Cash & Equivalents	38.2	125.8	153.7	112.7	223	25.8
Cash & Short-Term Investments	38.2	125.8	153.7	112.7	223	25.8
Cash Growth	-69.39%	-18.15%	36.38%	-49.46%	764.34%	-26.91%
Accounts Receivable	1,194	1,161	1,492	1,423	1,265	1,282
Receivables	1,194	1,161	1,492	1,423	1,271	1,282
Prepaid Expenses	77.9	45.2	67.1	48.6	48.8	68.6
Restricted Cash	0.6	0.3	0.1	0.2	-	0.2
Other Current Assets	0.2	294.7	2.7	4	7	28.9
Total Current Assets	1,311	1,627	1,715	1,589	1,550	1,406
Property, Plant & Equipment	79.9	71.7	94.6	111.1	124.2	103.5
Long-Term Investments	-	-	-	387.7	282.7	290.4
Goodwill	372.6	151.1	151.1	114.8	3.5	127.8
Other Intangible Assets	272.3	-	172.4	132.7	62.8	49.9
Long-Term Accounts Receivable	-	-	-	-	2.4	12.4
Long-Term Deferred Tax Assets	302.3	321.1	299.7	302.8	282	229.1
Long-Term Deferred Charges	-	-	-	-	-	1.5
Other Long-Term Assets	290.3	411.1	230.8	256.4	254.7	260.3
Total Assets	2,628	2,582	2,664	2,894	2,562	2,481
Accounts Payable	590.6	641.2	717.6	676.2	522.6	486.5
Accrued Expenses	187	178.3	338.7	339.2	315.7	293.3
Short-Term Debt	-	-	0.7	-	0.3	1.9
Current Portion of Leases	12.4	8.4	15.9	19.4	21.4	21.4
Current Income Taxes Payable	18.1	17.2	51.4	51.3	53.2	65.2
Other Current Liabilities	4.2	174.8	4.5	9.1	12.4	15.8
Total Current Liabilities	812.3	1,020	1,129	1,095	925.6	884.1
Long-Term Leases	49.6	42.9	55	62.6	70.3	45.4
Long-Term Deferred Tax Liabilities	-	0.4	0.5	71.6	39.7	43.1
Other Long-Term Liabilities	43.4	47.3	51.2	108.6	117.5	56.1
Total Liabilities	1,348	1,328	1,410	1,558	1,359	1,216
Common Stock	38.5	38.5	38.5	40.1	40.1	40.1
Additional Paid-In Capital	29.5	30.6	28	23.9	21.3	22.5
Retained Earnings	1,267	1,242	1,216	1,315	1,163	1,239
Treasury Stock	-52.3	-57.3	-20.1	-15.1	-17.1	-20.9
Comprehensive Income & Other	-2.5	0.2	-8.5	-27.7	-4.2	-15.8
Shareholders' Equity	1,280	1,254	1,254	1,336	1,203	1,265
Total Liabilities & Equity	2,628	2,582	2,664	2,894	2,562	2,481
Total Debt	272.4	51.3	71.6	82	92	68.7
Net Cash (Debt)	-234.2	74.5	82.1	30.7	131	-42.9
Net Cash Growth	-	-9.26%	167.43%	-76.56%	-	-
Net Cash Per Share	-6.54	2.05	2.15	0.78	3.33	-1.09
Filing Date Shares Outstanding	35.57	35.29	37.17	39.4	39.3	39.12
Total Common Shares Outstanding	35.58	35.28	37.48	39.38	39.28	39.08
Working Capital	498.5	606.7	586.4	493.5	624	521.6
Book Value Per Share	35.97	35.54	33.47	33.93	30.63	32.36
Tangible Book Value	635	1,103	930.7	1,089	1,137	1,087
Tangible Book Value Per Share	17.85	31.25	24.83	27.65	28.94	27.81
Buildings	-	-	0.4	12.9	12.9	13
Machinery	-	-	149.5	174.5	187.1	187.2
Construction In Progress	-	-	3	0.3	0.4	2.7
Leasehold Improvements	-	-	13.9	17.4	21.9	22.9

Source: S&P Capital IQ. Standard template. Financial Sources.