2012 Q3 Form 10-Q Financial Statement

#000119312512462450 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $1.557B $1.534B
YoY Change 1.48% 21.19%
Cost Of Revenue $915.2M $894.6M
YoY Change 2.31% 21.65%
Gross Profit $641.9M $639.9M
YoY Change 0.32% 20.55%
Gross Profit Margin 41.22% 41.7%
Selling, General & Admin $482.4M $469.1M
YoY Change 2.84% 25.16%
% of Gross Profit 75.15% 73.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.10M $31.30M
YoY Change 28.12% 22.27%
% of Gross Profit 6.25% 4.89%
Operating Expenses $482.4M $500.5M
YoY Change -3.62% 25.0%
Operating Profit $103.6M $143.0M
YoY Change -27.56% 9.67%
Interest Expense $43.65M $39.08M
YoY Change 11.7% -187.62%
% of Operating Profit 42.14% 27.33%
Other Income/Expense, Net $151.0K -$5.809M
YoY Change -102.6%
Pretax Income $64.90M $107.3M
YoY Change -39.52% 24.77%
Income Tax $22.16M $47.29M
% Of Pretax Income 34.14% 44.07%
Net Earnings $39.71M $63.81M
YoY Change -37.77% 11.94%
Net Earnings / Revenue 2.55% 4.16%
Basic Earnings Per Share $0.12 $0.20
Diluted Earnings Per Share $0.12 $0.20
COMMON SHARES
Basic Shares Outstanding 322.3M shares 318.9M shares
Diluted Shares Outstanding 327.3M shares 323.7M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $874.0M $779.0M
YoY Change 12.2% 1.3%
Cash & Equivalents $776.3M $662.6M
Short-Term Investments $98.00M $117.0M
Other Short-Term Assets $48.13M $749.0M
YoY Change -93.57% 183.71%
Inventory
Prepaid Expenses $103.8M
Receivables $1.128B $998.0M
Other Receivables $552.0M $699.0M
Total Short-Term Assets $3.037B $3.226B
YoY Change -5.85% 48.12%
LONG-TERM ASSETS
Property, Plant & Equipment $334.9M $250.0M
YoY Change 33.94% 62.34%
Goodwill $1.845B
YoY Change
Intangibles $769.6M
YoY Change
Long-Term Investments $269.0M $181.0M
YoY Change 48.62% 10.37%
Other Assets $141.6M $662.0M
YoY Change -78.61% -28.89%
Total Long-Term Assets $3.732B $3.189B
YoY Change 17.01% 10.08%
TOTAL ASSETS
Total Short-Term Assets $3.037B $3.226B
Total Long-Term Assets $3.732B $3.189B
Total Assets $6.769B $6.415B
YoY Change 5.51% 26.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $515.0M $496.0M
YoY Change 3.83% 22.17%
Accrued Expenses $740.0M $660.0M
YoY Change 12.12% 13.79%
Deferred Revenue
YoY Change
Short-Term Debt $531.0M $884.0M
YoY Change -39.93% 78.59%
Long-Term Debt Due $71.06M $46.00M
YoY Change 54.48% -57.41%
Total Short-Term Liabilities $2.144B $2.228B
YoY Change -3.76% 38.39%
LONG-TERM LIABILITIES
Long-Term Debt $2.372B $2.466B
YoY Change -3.83% 9.21%
Other Long-Term Liabilities $255.7M $334.0M
YoY Change -23.46% 33.6%
Total Long-Term Liabilities $2.627B $2.800B
YoY Change -6.17% 11.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.144B $2.228B
Total Long-Term Liabilities $2.627B $2.800B
Total Liabilities $5.250B $5.333B
YoY Change -1.56% 23.97%
SHAREHOLDERS EQUITY
Retained Earnings $567.1M
YoY Change
Common Stock $944.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.340B $1.082B
YoY Change
Total Liabilities & Shareholders Equity $6.769B $6.415B
YoY Change 5.51% 26.4%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $39.71M $63.81M
YoY Change -37.77% 11.94%
Depreciation, Depletion And Amortization $40.10M $31.30M
YoY Change 28.12% 22.27%
Cash From Operating Activities $81.80M $260.5M
YoY Change -68.6% 16.35%
INVESTING ACTIVITIES
Capital Expenditures -$41.90M -$48.30M
YoY Change -13.25% 351.4%
Acquisitions
YoY Change
Other Investing Activities $21.90M -$546.0M
YoY Change -104.01% 3745.07%
Cash From Investing Activities -$20.00M -$594.2M
YoY Change -96.63% 2286.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.80M 259.9M
YoY Change -108.39% -241.33%
NET CHANGE
Cash From Operating Activities 81.80M 260.5M
Cash From Investing Activities -20.00M -594.2M
Cash From Financing Activities -21.80M 259.9M
Net Change In Cash 40.00M -73.80M
YoY Change -154.2% -588.74%
FREE CASH FLOW
Cash From Operating Activities $81.80M $260.5M
Capital Expenditures -$41.90M -$48.30M
Free Cash Flow $123.7M $308.8M
YoY Change -59.94% 31.63%

Facts In Submission

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dei Document Fiscal Period Focus
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Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
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2012-09-30
dei Entity Central Index Key
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0001138118
dei Current Fiscal Year End Date
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dei Trading Symbol
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CBG
dei Entity Registrant Name
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CBRE GROUP, INC.
dei Amendment Flag
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dei Entity Filer Category
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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 nine months ended September&#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
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<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;margin-bottom:0px; text-indent:4%"> <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, &#x201C;<i>Property, Plant, and Equipment &#x2013; Real Estate Sales,</i>&#x201D; 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;margin-bottom:0px; text-indent:4%"> <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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19826000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
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us-gaap Gain Loss On Sale Of Other Assets
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.44
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ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
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us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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us-gaap Investment Sold Not Yet Purchased Sale Proceeds
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cbg Guarantee Expiration Date
GuaranteeExpirationDate
September 2015
cbg Maximum Leverage Ratio Of Total Debt To Earnings Before Interest Tax Depreciation And Amortization
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3.75 pure
cbg Minimum Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Total Interest Expense
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2.25 pure
cbg Number Of Defined Contribution Plans
NumberOfDefinedContributionPlans
2 pure
cbg Repayment Of Notes Payable On Real Estate Held For Investment
RepaymentOfNotesPayableOnRealEstateHeldForInvestment
36613000
cbg Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
RepaymentOfNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
7625000
cbg Securities Purchased To Cover Short Sales
SecuritiesPurchasedToCoverShortSales
134696000
cbg Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
124895000
cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
39011000
cbg Distributions From Unconsolidated Subsidiaries
DistributionsFromUnconsolidatedSubsidiaries
14655000
cbg Compensation Expense Related To Stock Options And Nonvested Awards
CompensationExpenseRelatedToStockOptionsAndNonvestedAwards
37867000
cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
1405461000
cbg Increase Decrease In Compensation And Employee Benefits Payable And Accrued Bonus And Profit Sharing
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-231961000
cbg Increase Decrease In Real Estate Held For Sale And Under Development
IncreaseDecreaseInRealEstateHeldForSaleAndUnderDevelopment
8637000
cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
515891000
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ProceedsFromNotesPayableOnRealEstateHeldForInvestment
4652000
cbg Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
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14711000
cbg Line Of Credit Facility Latest Expiration Date
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July 2013
cbg Percentage Of Capital Stock In Foreign Subsidiaries
PercentageOfCapitalStockInForeignSubsidiaries
0.650 pure
cbg Coverage Ratio Trailing Period
CoverageRatioTrailingPeriod
12 M
cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1714299 shares
cbg Income Loss From Continuing Operations Before Income Taxes And Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndNoncontrollingInterest
250603000
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5 pure
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OtherNonoperatingIncomeExpense
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237263000
CY2011Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6226000
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2011Q3 us-gaap Profit Loss
ProfitLoss
60033000
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2493000
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WeightedAverageNumberOfSharesOutstandingBasic
318867447 shares
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2011Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
230000
CY2011Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
63807000
CY2011Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
31308000
CY2011Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-343000
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165131000
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OperatingIncomeLoss
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OtherComprehensiveIncomeLossNetOfTax
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CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2011Q3 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
3595000
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NetIncomeLoss
63807000
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
1395053000
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-5785000
CY2011Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
60033000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2011Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
4601000
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
323714703 shares
CY2011Q3 us-gaap Cost Of Services
CostOfServices
894607000
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-16930000
CY2011Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1625000
CY2011Q3 us-gaap Revenues
Revenues
1534463000
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47290000
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3774000
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6714000
CY2011Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4295000
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.20
CY2011Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
1508000
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-67922000
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-22715000
CY2011Q3 us-gaap Interest Expense
InterestExpense
39080000
CY2011Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-49000
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-16285000
CY2011Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4182000
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.20
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-70498000
CY2011Q3 cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
469138000
CY2011Q3 cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
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178992000
CY2011Q3 cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1721859 shares
CY2011Q3 cbg Income Loss From Continuing Operations Before Income Taxes And Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndNoncontrollingInterest
107323000
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
151000
CY2012Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
276231000
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2012Q3 us-gaap Profit Loss
ProfitLoss
42705000
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1895000
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2012Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
854000
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
39709000
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
40102000
CY2012Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-582000
CY2012Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
3377782 shares
CY2012Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
105391000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
103595000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13643000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2012Q3 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
3983000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
39709000
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
1457535000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3071000
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
42705000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
327309341 shares
CY2012Q3 us-gaap Cost Of Services
CostOfServices
915245000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
53277000
CY2012Q3 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1500000
CY2012Q3 us-gaap Revenues
Revenues
1557147000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22160000
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2996000
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2875000
CY2012Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3597000
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.12
CY2012Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-164000
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
15422000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
56348000
CY2012Q3 us-gaap Interest Expense
InterestExpense
43651000
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
323000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-1938000
CY2012Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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19826000
CY2012Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3869000
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.12
CY2012Q3 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
5689000
CY2012Q3 cbg General And Administrative And Other Operating Expenses
GeneralAndAdministrativeAndOtherOperatingExpenses
482362000
CY2012Q3 cbg Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
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163553000
CY2012Q3 cbg Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
1599709 shares
CY2012Q3 cbg Income Loss From Continuing Operations Before Income Taxes And Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndNoncontrollingInterest
64865000

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