2012 Q2 Form 10-Q Financial Statement

#000119312512346328 Filed on August 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $1.601B $1.422B
YoY Change 12.58% 21.36%
Cost Of Revenue $908.1M $839.8M
YoY Change 8.14% 23.74%
Gross Profit $693.0M $582.4M
YoY Change 18.99% 18.09%
Gross Profit Margin 43.28% 40.95%
Selling, General & Admin $482.4M $432.9M
YoY Change 11.43% 16.37%
% of Gross Profit 69.61% 74.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.30M $25.60M
YoY Change 49.61% -7.91%
% of Gross Profit 5.53% 4.4%
Operating Expenses $520.8M $458.3M
YoY Change 13.64% 14.66%
Operating Profit $172.7M $130.2M
YoY Change 32.66% 39.23%
Interest Expense $44.41M $34.22M
YoY Change 29.8% -204.0%
% of Operating Profit 25.72% 26.28%
Other Income/Expense, Net -$2.104M
YoY Change
Pretax Income $130.4M $114.9M
YoY Change 13.49% 78.69%
Income Tax $54.78M $46.34M
% Of Pretax Income 42.01% 40.33%
Net Earnings $75.87M $61.22M
YoY Change 23.93% 11.72%
Net Earnings / Revenue 4.74% 4.3%
Basic Earnings Per Share $0.24 $0.19
Diluted Earnings Per Share $0.23 $0.19
COMMON SHARES
Basic Shares Outstanding 320.9M shares 317.7M shares
Diluted Shares Outstanding 326.1M shares 324.1M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $812.0M $752.0M
YoY Change 7.98% 1.08%
Cash & Equivalents $731.2M $752.1M
Short-Term Investments $81.00M
Other Short-Term Assets $52.08M $314.0M
YoY Change -83.41% 19.39%
Inventory
Prepaid Expenses $110.5M
Receivables $1.093B $969.0M
Other Receivables $472.0M $344.0M
Total Short-Term Assets $2.829B $2.379B
YoY Change 18.9% 15.88%
LONG-TERM ASSETS
Property, Plant & Equipment $299.3M $217.0M
YoY Change 37.93% 41.83%
Goodwill $1.816B
YoY Change
Intangibles $784.8M
YoY Change
Long-Term Investments $265.0M $179.0M
YoY Change 48.04% 19.33%
Other Assets $141.9M $767.0M
YoY Change -81.5% -21.33%
Total Long-Term Assets $3.748B $2.904B
YoY Change 29.05% 0.9%
TOTAL ASSETS
Total Short-Term Assets $2.829B $2.379B
Total Long-Term Assets $3.748B $2.904B
Total Assets $6.576B $5.283B
YoY Change 24.48% 7.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $496.0M $442.0M
YoY Change 12.22% 21.1%
Accrued Expenses $684.0M $562.0M
YoY Change 21.71% 33.49%
Deferred Revenue
YoY Change
Short-Term Debt $474.8M $567.0M
YoY Change -16.27% 14.78%
Long-Term Debt Due $68.06M $42.00M
YoY Change 62.05% -52.27%
Total Short-Term Liabilities $1.978B $1.631B
YoY Change 21.3% 16.92%
LONG-TERM LIABILITIES
Long-Term Debt $2.375B $2.134B
YoY Change 11.27% -13.67%
Other Long-Term Liabilities $239.7M $278.0M
YoY Change -13.78% 13.93%
Total Long-Term Liabilities $2.614B $2.412B
YoY Change 8.39% -11.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.978B $1.631B
Total Long-Term Liabilities $2.614B $2.412B
Total Liabilities $5.141B $4.200B
YoY Change 22.42% -2.08%
SHAREHOLDERS EQUITY
Retained Earnings $527.3M
YoY Change
Common Stock $911.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.255B $1.083B
YoY Change
Total Liabilities & Shareholders Equity $6.576B $5.283B
YoY Change 24.48% 7.14%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $75.87M $61.22M
YoY Change 23.93% 11.72%
Depreciation, Depletion And Amortization $38.30M $25.60M
YoY Change 49.61% -7.91%
Cash From Operating Activities $97.20M -$42.50M
YoY Change -328.71% -145.26%
INVESTING ACTIVITIES
Capital Expenditures -$30.60M -$33.50M
YoY Change -8.66% 679.07%
Acquisitions
YoY Change
Other Investing Activities -$28.50M $16.00M
YoY Change -278.13% 21.21%
Cash From Investing Activities -$59.10M -$17.60M
YoY Change 235.8% -300.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.500M 378.8M
YoY Change -100.92% -1185.39%
NET CHANGE
Cash From Operating Activities 97.20M -42.50M
Cash From Investing Activities -59.10M -17.60M
Cash From Financing Activities -3.500M 378.8M
Net Change In Cash 34.60M 318.7M
YoY Change -89.14% 370.06%
FREE CASH FLOW
Cash From Operating Activities $97.20M -$42.50M
Capital Expenditures -$30.60M -$33.50M
Free Cash Flow $127.8M -$9.000M
YoY Change -1520.0% -109.16%

Facts In Submission

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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001138118
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Trading Symbol
TradingSymbol
CBG
dei Entity Registrant Name
EntityRegistrantName
CBRE GROUP, INC.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1. Basis of Presentation</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The accompanying consolidated financial statements of CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as the &#x201C;company&#x201D;, &#x201C;we&#x201D;, &#x201C;us&#x201D; and &#x201C;our&#x201D;), have been prepared in accordance with the rules applicable to Form 10-Q and include all information and footnotes required for interim financial statement presentation, but do not include all disclosures required under accounting principles generally accepted in the United States (GAAP) for annual financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments, except as otherwise noted) considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, and reported amounts of revenue and expenses. Such estimates include the value of real estate assets, accounts receivable, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on management&#x2019;s best judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The results of operations for the three and six months ended June&#xA0;30, 2012 are not necessarily indicative of the results of operations to be expected for the year ending December&#xA0;31, 2012. The consolidated financial statements and notes to consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December&#xA0;31, 2011, which contains the latest available audited consolidated financial statements and notes thereto, which are as of and for the year ended December&#xA0;31, 2011.</font></p> </div>
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us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>2. New Accounting Pronouncements</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">In December 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2011-10, &#x201C;<i>Property, Plant, and Equipment (Topic 360): Derecognition of in Substance Real Estate &#x2013; a Scope Clarification.&#x201D;</i> This ASU requires that a reporting entity that ceases to have a controlling financial interest in a subsidiary that is in substance real estate as a result of default on the subsidiary&#x2019;s nonrecourse debt would apply FASB Accounting Standards Codification (ASC) Subtopic 360-20, <i>Property, Plant, and Equipment &#x2013; Real Estate Sales</i>, to determine whether to derecognize assets and liabilities of that subsidiary. ASU 2011-10 is effective prospectively for a deconsolidation event that takes place in fiscal years, and interim periods within those years, beginning on or after June&#xA0;15, 2012. We do not believe the adoption of this update will have a material effect on our consolidated financial position or results of operations.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">In December 2011, the FASB issued ASU 2011-11, &#x201C;<i>Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.&#x201D;</i> This ASU adds certain additional disclosure requirements about financial instruments and derivative instruments that are subject to netting arrangements. ASU 2011-11 is effective for fiscal years, and interim periods within those years, beginning after January&#xA0;1, 2013, with retrospective application required. We do not believe the adoption of this update will have a material impact on the disclosure requirements for our consolidated financial statements.</font></p> </div>
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cbg Guarantee Expiration Date
GuaranteeExpirationDate
May 2014
cbg Maximum Leverage Ratio Of Total Debt To Earnings Before Interest Tax Depreciation And Amortization
MaximumLeverageRatioOfTotalDebtToEarningsBeforeInterestTaxDepreciationAndAmortization
3.75 pure
cbg Minimum Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Total Interest Expense
MinimumCoverageRatioOfEarningsBeforeInterestTaxDepreciationAndAmortizationToTotalInterestExpense
2.25 pure
cbg Number Of Defined Contribution Plans
NumberOfDefinedContributionPlans
2 pure
cbg Repayment Of Notes Payable On Real Estate Held For Investment
RepaymentOfNotesPayableOnRealEstateHeldForInvestment
9727000
cbg Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
RepaymentOfNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
1394000
cbg Securities Purchased To Cover Short Sales
SecuritiesPurchasedToCoverShortSales
73250000
cbg Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
84793000
cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
200057000
cbg Distributions From Unconsolidated Subsidiaries
DistributionsFromUnconsolidatedSubsidiaries
11583000
cbg Compensation Expense Related To Stock Options And Nonvested Awards
CompensationExpenseRelatedToStockOptionsAndNonvestedAwards
22606000
cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
923099000
cbg Increase Decrease In Compensation And Employee Benefits Payable And Accrued Bonus And Profit Sharing
IncreaseDecreaseInCompensationAndEmployeeBenefitsPayableAndAccruedBonusAndProfitSharing
-284895000
cbg Increase Decrease In Real Estate Held For Sale And Under Development
IncreaseDecreaseInRealEstateHeldForSaleAndUnderDevelopment
9378000
cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
352338000
cbg Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
185738000
cbg Proceeds From Notes Payable On Real Estate Held For Investment
ProceedsFromNotesPayableOnRealEstateHeldForInvestment
4515000
cbg Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
ProceedsFromNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
6146000
cbg Line Of Credit Facility Latest Expiration Date
LineOfCreditFacilityLatestExpirationDate
July 2013
cbg Percentage Of Capital Stock In Foreign Subsidiaries
PercentageOfCapitalStockInForeignSubsidiaries
0.650 pure
cbg Coverage Ratio Trailing Period
CoverageRatioTrailingPeriod
12 Month
cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1771594 shares
CY2012Q2 cbg Number Of Interest Rate Swap Agreements
NumberOfInterestRateSwapAgreements
5 pure
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
219487000
CY2011Q2 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2011Q2 us-gaap Profit Loss
ProfitLoss
74867000
CY2011Q2 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
6601000
CY2011Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1902000
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
317698275 shares
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
603000
CY2011Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
217000
CY2011Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
61223000
CY2011Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25385000
CY2011Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-345000
CY2011Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4040084 shares
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
11227000
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
130182000
CY2011Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
6267000
CY2011Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8715000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2011Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
6027000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
61223000
CY2011Q2 us-gaap Costs And Expenses
CostsAndExpenses
1298063000
CY2011Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
14116000
CY2011Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
68600000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
324093042 shares
CY2011Q2 us-gaap Cost Of Services
CostOfServices
839822000
CY2011Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
69466000
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1355000
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
6267000
CY2011Q2 us-gaap Revenues
Revenues
1422218000
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46336000
CY2011Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13644000
CY2011Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
17068000
CY2011Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4337000
CY2011Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.19
CY2011Q2 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
909000
CY2011Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
15550000
CY2011Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
83582000
CY2011Q2 us-gaap Interest Expense
InterestExpense
34216000
CY2011Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
89000
CY2011Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-7833000
CY2011Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4209000
CY2011Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.19
CY2011Q2 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
6870000
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6267000
CY2011Q2 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
33431000
CY2011Q2 cbg Disposal Group Including Discontinued Operation Cost And Expense Total
DisposalGroupIncludingDiscontinuedOperationCostAndExpenseTotal
1086000
CY2011Q2 cbg Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
234000
CY2011Q2 cbg Disposal Group Including Discontinued Operation Operating Administrative And Other
DisposalGroupIncludingDiscontinuedOperationOperatingAdministrativeAndOther
852000
CY2011Q2 cbg Discontinued Operation Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
DiscontinuedOperationIncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
800000
CY2011Q2 cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
432856000
CY2011Q2 cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
166095000
CY2011Q2 cbg Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
114936000
CY2011Q2 cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
2354683 shares
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2104000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
263010000
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2012Q2 us-gaap Profit Loss
ProfitLoss
75599000
CY2012Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1585000
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
320852344 shares
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
CY2012Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
850000
CY2012Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
75873000
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
38336000
CY2012Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-587000
CY2012Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
3520310 shares
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
98424000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
172700000
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-46562000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2012Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
439000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
75873000
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
1428856000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-857000
CY2012Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
75599000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
326081681 shares
CY2012Q2 us-gaap Cost Of Services
CostOfServices
908143000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
29894000
CY2012Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1400000
CY2012Q2 us-gaap Revenues
Revenues
1601117000
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54780000
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-274000
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2609000
CY2012Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3635000
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.23
CY2012Q2 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
333000
CY2012Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-40181000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
29037000
CY2012Q2 us-gaap Interest Expense
InterestExpense
44411000
CY2012Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1100000
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5614000
CY2012Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3898000
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.24
CY2012Q2 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
181052000
CY2012Q2 cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
482377000
CY2012Q2 cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
211815000
CY2012Q2 cbg Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
130379000
CY2012Q2 cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1709027 shares

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