$ABM
ABM INDUSTRIES INC /DE/

2021 Q2 Form 10-Q Financial Statement

#000077149721000016 Filed on June 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $1.497B $1.496B
YoY Change 0.09% -6.19%
Cost Of Revenue $1.275B $1.306B
YoY Change -2.42% -7.64%
Gross Profit $222.9M $189.9M
YoY Change 17.38% 5.21%
Gross Profit Margin 14.89% 12.69%
Selling, General & Admin $161.9M $119.4M
YoY Change 35.59% 10.15%
% of Gross Profit 72.63% 62.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.00M $24.70M
YoY Change -10.93% -9.19%
% of Gross Profit 9.87% 13.01%
Operating Expenses $161.9M $119.4M
YoY Change 35.59% 10.15%
Operating Profit $50.30M -$116.7M
YoY Change -143.1% -314.13%
Interest Expense $7.800M $10.50M
YoY Change -25.71% -17.97%
% of Operating Profit 15.51%
Other Income/Expense, Net $100.0K $100.0K
YoY Change 0.0%
Pretax Income $42.80M -$126.2M
YoY Change -133.91% -396.94%
Income Tax $11.70M $10.60M
% Of Pretax Income 27.34%
Net Earnings $31.10M -$136.8M
YoY Change -122.73% -560.61%
Net Earnings / Revenue 2.08% -9.14%
Basic Earnings Per Share $0.46 -$2.05
Diluted Earnings Per Share $0.46 -$2.05
COMMON SHARES
Basic Shares Outstanding 67.30M shares 66.90M shares
Diluted Shares Outstanding 67.80M shares 66.90M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $435.7M $555.9M
YoY Change -21.62% 935.2%
Cash & Equivalents $435.7M $555.9M
Short-Term Investments
Other Short-Term Assets $58.50M $64.20M
YoY Change -8.88% 26.13%
Inventory
Prepaid Expenses $88.80M $75.00M
Receivables $916.1M $1.020B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.499B $1.715B
YoY Change -12.59% 33.89%
LONG-TERM ASSETS
Property, Plant & Equipment $124.3M $140.9M
YoY Change -11.78% -1.88%
Goodwill $1.676B $1.669B
YoY Change 0.37% -9.07%
Intangibles
YoY Change
Long-Term Investments $12.40M $10.60M
YoY Change 16.98% -26.9%
Other Assets $119.2M $121.6M
YoY Change -1.97% -5.81%
Total Long-Term Assets $2.293B $2.364B
YoY Change -3.01% -3.46%
TOTAL ASSETS
Total Short-Term Assets $1.499B $1.715B
Total Long-Term Assets $2.293B $2.364B
Total Assets $3.792B $4.079B
YoY Change -7.04% 9.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $222.9M $249.4M
YoY Change -10.63% 7.18%
Accrued Expenses $477.2M $378.8M
YoY Change 25.98% 6.67%
Deferred Revenue $47.60M $34.60M
YoY Change 37.57% -31.49%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $117.0M $87.40M
YoY Change 33.87% 85.56%
Total Short-Term Liabilities $1.064B $941.2M
YoY Change 13.09% 10.59%
LONG-TERM LIABILITIES
Long-Term Debt $524.2M $1.106B
YoY Change -52.59% 22.11%
Other Long-Term Liabilities $110.5M $77.50M
YoY Change 42.58% 9.31%
Total Long-Term Liabilities $634.7M $1.183B
YoY Change -46.36% 21.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.064B $941.2M
Total Long-Term Liabilities $634.7M $1.183B
Total Liabilities $2.192B $2.684B
YoY Change -18.32% 19.37%
SHAREHOLDERS EQUITY
Retained Earnings $885.6M $722.3M
YoY Change 22.61% -9.25%
Common Stock $737.8M $707.8M
YoY Change 4.24% 0.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.600B $1.395B
YoY Change
Total Liabilities & Shareholders Equity $3.792B $4.079B
YoY Change -7.04% 9.36%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $31.10M -$136.8M
YoY Change -122.73% -560.61%
Depreciation, Depletion And Amortization $22.00M $24.70M
YoY Change -10.93% -9.19%
Cash From Operating Activities $126.0M $162.3M
YoY Change -22.37% 69.59%
INVESTING ACTIVITIES
Capital Expenditures -$8.300M -$7.600M
YoY Change 9.21% -52.2%
Acquisitions
YoY Change
Other Investing Activities $100.0K $600.0K
YoY Change -83.33% 200.0%
Cash From Investing Activities -$8.200M -$7.000M
YoY Change 17.14% -55.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.70M 328.4M
YoY Change -118.48% -676.14%
NET CHANGE
Cash From Operating Activities 126.0M 162.3M
Cash From Investing Activities -8.200M -7.000M
Cash From Financing Activities -60.70M 328.4M
Net Change In Cash 57.10M 483.7M
YoY Change -88.2% 2003.04%
FREE CASH FLOW
Cash From Operating Activities $126.0M $162.3M
Capital Expenditures -$8.300M -$7.600M
Free Cash Flow $134.3M $169.9M
YoY Change -20.95% 52.24%

Facts In Submission

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dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
dei Document Fiscal Year Focus
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dei Entity Interactive Data Current
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dei Security Exchange Name
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dei Amendment Flag
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dei Document Type
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dei Document Quarterly Report
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dei Document Period End Date
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dei Entity File Number
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dei Entity Registrant Name
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ABM INDUSTRIES INC
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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One Liberty Plaza
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dei Security12b Title
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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112900000 USD
us-gaap Comprehensive Income Net Of Tax
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CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q2 us-gaap Earnings Per Share Basic
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CY2020Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2021Q2 us-gaap Earnings Per Share Diluted
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CY2020Q2 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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67200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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66900000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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67800000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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66900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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67700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q2 us-gaap Stock Repurchased During Period Value
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us-gaap Stock Repurchased During Period Value
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us-gaap Stock Repurchased During Period Value
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CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
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CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Common Stock Dividends Per Share Declared
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CY2021Q2 us-gaap Stockholders Equity
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CY2020Q2 us-gaap Stockholders Equity
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CY2021Q2 us-gaap Stockholders Equity
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1599800000 USD
CY2020Q2 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Net Income Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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100000 USD
us-gaap Income Loss From Continuing Operations
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105700000 USD
us-gaap Income Loss From Continuing Operations
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us-gaap Depreciation Depletion And Amortization
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44300000 USD
us-gaap Depreciation Depletion And Amortization
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49100000 USD
us-gaap Goodwill And Intangible Asset Impairment
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us-gaap Goodwill And Intangible Asset Impairment
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172800000 USD
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Provision For Doubtful Accounts
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10600000 USD
us-gaap Amortization Of Deferred Hedge Gains
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us-gaap Amortization Of Deferred Hedge Gains
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us-gaap Accretion Expense
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us-gaap Accretion Expense
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400000 USD
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Income Loss From Equity Method Investments
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800000 USD
us-gaap Income Loss From Equity Method Investments
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1800000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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0 USD
us-gaap Equity Method Investment Dividends Or Distributions
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100000 USD
us-gaap Increase Decrease In Receivables
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10900000 USD
us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5800000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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12800000 USD
abm Increase Decrease In Operating Lease Right Of Use Asset
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abm Increase Decrease In Operating Lease Right Of Use Asset
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us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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55300000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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abm Increase Decrease In Lease Liabilities Noncurrent
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abm Increase Decrease In Lease Liabilities Noncurrent
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us-gaap Increase Decrease In Self Insurance Reserve
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17700000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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11500000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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25100000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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11100000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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65500000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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236800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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127800000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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0 USD
us-gaap Net Cash Provided By Used In Operating Activities
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171200000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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128000000.0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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14900000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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19100000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
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us-gaap Proceeds From Sale Of Other Assets Investing Activities
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4800000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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5000000.0 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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5600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1400000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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5100000 USD
us-gaap Payments Of Dividends Common Stock
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25400000 USD
us-gaap Payments Of Dividends Common Stock
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24600000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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2600000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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1048300000 USD
us-gaap Repayments Of Long Term Debt
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82800000 USD
us-gaap Repayments Of Long Term Debt
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658100000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
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us-gaap Proceeds From Repayments Of Bank Overdrafts
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18200000 USD
us-gaap Proceeds From Construction Loans Payable
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7500000 USD
us-gaap Proceeds From Construction Loans Payable
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1100000 USD
us-gaap Finance Lease Principal Payments
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1500000 USD
us-gaap Finance Lease Principal Payments
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1500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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376800000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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2200000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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2000000.0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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41500000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
497500000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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394200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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58500000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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435700000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Nature Of Operations
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THE COMPANY AND NATURE OF OPERATIONS <div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ABM is a leading provider of integrated facility services with a mission to </span><span style="color:#326abd;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">make a difference, every person, every day</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We are organized into four industry groups and one Technical Solutions segment: </span></div><div style="margin-bottom:9pt;margin-top:3pt;text-align:center"><img alt="abm-20210430_g3.jpg" src="abm-20210430_g3.jpg" style="height:100px;margin-bottom:5pt;vertical-align:text-bottom;width:550px"/></div>Through these groups, we offer janitorial, facilities engineering, parking, and specialized mechanical and electrical technical solutions, on a standalone basis or in combination with other services.
abm Number Of Industry Groups
NumberOfIndustryGroups
4 industry_group
abm Number Of Technical Solution Segments
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CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1497400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2989800000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q2 us-gaap Revenue Remaining Performance Obligation
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282400000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Percentage
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0.70
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2021Q2 abm Contract With Customer Asset Billed Trade Receivable Current
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812500000 USD
CY2020Q4 abm Contract With Customer Asset Billed Trade Receivable Current
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835800000 USD
CY2021Q2 abm Contract With Customer Asset Unbilled Trade Receivables Current
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100600000 USD
CY2020Q4 abm Contract With Customer Asset Unbilled Trade Receivables Current
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53900000 USD
CY2021Q2 abm Contract With Customer Asset Costs Incurred In Excess Of Amounts Billed Current
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37700000 USD
CY2020Q4 abm Contract With Customer Asset Costs Incurred In Excess Of Amounts Billed Current
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52200000 USD
CY2021Q2 abm Contract With Customer Asset Capitalized Commissions
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27200000 USD
CY2020Q4 abm Contract With Customer Asset Capitalized Commissions
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25200000 USD
abm Contract With Customer Asset Increase Decrease For New Capitalized Costs
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8600000 USD
CY2020Q2 us-gaap Net Income Loss
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us-gaap Capitalized Contract Cost Amortization
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6600000 USD
us-gaap Capitalized Contract Cost Impairment Loss
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0 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
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36400000 USD
abm Contract With Customer Liability Increase Decrease For Additional Contract Liabilities
ContractWithCustomerLiabilityIncreaseDecreaseForAdditionalContractLiabilities
72200000 USD
abm Contract With Customer Liability Including New Contract Revenue Recognized
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61000000.0 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
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CY2021Q2 us-gaap Income Loss From Continuing Operations
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CY2020Q2 us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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105700000 USD
us-gaap Income Loss From Continuing Operations
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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100000 USD
CY2021Q2 us-gaap Net Income Loss
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31100000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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67200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q2 us-gaap Earnings Per Share Basic
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CY2020Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2021Q2 us-gaap Earnings Per Share Diluted
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CY2020Q2 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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600000 shares
CY2020Q2 us-gaap Goodwill Impairment Loss
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163800000 USD
CY2021Q2 abm Number Of Reporting Units Evaluated For Impairment
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3 reportingUnit
CY2021Q2 abm Property Damage Policy Limit
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75000000.0 USD
CY2021Q2 abm Insurance Policy Coverage General Liability And Automobile Liability Losses
InsurancePolicyCoverageGeneralLiabilityAndAutomobileLiabilityLosses
200000000.0 USD
abm Decrease In Total Reserve Claims
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17400000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
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11400000 USD
abm Decrease In Total Reserve Claims
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6600000 USD
CY2021Q2 us-gaap Estimated Insurance Recoveries
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70200000 USD
CY2020Q4 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
70100000 USD
CY2021Q2 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
225700000 USD
CY2020Q4 abm Instruments Used To Collateralize Insurance Obligations
InstrumentsUsedToCollateralizeInsuranceObligations
226900000 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2300000 USD
CY2021Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
900000 USD
CY2021Q2 abm Loans Payable Current Gross
LoansPayableCurrentGross
120000000.0 USD
CY2020Q4 abm Loans Payable Current Gross
LoansPayableCurrentGross
120000000.0 USD
CY2021Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
3000000.0 USD
CY2020Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
3300000 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
117000000.0 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
116700000 USD
CY2021Q2 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
500000000.0 USD
CY2020Q4 abm Loans Payable Noncurrent Gross
LoansPayableNoncurrentGross
560000000.0 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.269
CY2021Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
499100000 USD
CY2020Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
557700000 USD
CY2021Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
25100000 USD
CY2020Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
45300000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
524200000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
603000000.0 USD
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
149200000 USD
CY2021Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
622100000 USD
CY2021Q2 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
30000000.0 USD
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
60000000.0 USD
CY2021Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-1600000 USD
CY2021Q2 abm Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Tax
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsTax
-400000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.273
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
149200000 USD
CY2021Q2 abm Surety Bonds
SuretyBonds
600700000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38900000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.084
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.214
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19200000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
163800000 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
163800000 USD
CY2020Q2 abm Effective Income Tax Rate Reconciliation Excluding Impairment Percent
EffectiveIncomeTaxRateReconciliationExcludingImpairmentPercent
-0.281
abm Effective Income Tax Rate Reconciliation Excluding Impairment Percent
EffectiveIncomeTaxRateReconciliationExcludingImpairmentPercent
-0.259
abm Increase Decrease In Tax Credits Work Opportunity Tax Credit
IncreaseDecreaseInTaxCreditsWorkOpportunityTaxCredit
-1500000 USD
abm Social Security Tax Employer Deferral Cares Act
SocialSecurityTaxEmployerDeferralCARESAct
132000000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1497400000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1496000000.0 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2989800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3109000000.0 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
50300000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-116700000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
160100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-70800000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
200000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
800000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1800000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
7800000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
10500000 USD
us-gaap Interest Expense
InterestExpense
16300000 USD
us-gaap Interest Expense
InterestExpense
20700000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42800000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-126200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
144600000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-89700000 USD

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