2013 Q2 Form 10-Q Financial Statement

#000103797613000007 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $989.4M $921.3M
YoY Change 7.39% 9.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $896.8M $826.7M
YoY Change 8.48% 9.6%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.20M $19.90M
YoY Change 1.51% 2.58%
% of Gross Profit
Operating Expenses $923.6M $863.3M
YoY Change 6.99% 11.59%
Operating Profit $65.82M $58.08M
YoY Change 13.33%
Interest Expense $9.049M $7.459M
YoY Change 21.32% -235.62%
% of Operating Profit 13.75% 12.84%
Other Income/Expense, Net
YoY Change
Pretax Income $65.85M $50.58M
YoY Change 30.2% -15.85%
Income Tax $16.40M $12.85M
% Of Pretax Income 24.9% 25.4%
Net Earnings $46.53M $37.44M
YoY Change 24.28% -15.1%
Net Earnings / Revenue 4.7% 4.06%
Basic Earnings Per Share $1.05 $0.85
Diluted Earnings Per Share $1.03 $0.83
COMMON SHARES
Basic Shares Outstanding 44.10M shares 43.72M shares
Diluted Shares Outstanding 45.14M shares 44.85M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $122.0M $115.0M
YoY Change 6.09% 19.79%
Cash & Equivalents $121.9M $115.5M
Short-Term Investments
Other Short-Term Assets $11.72M $128.0M
YoY Change -90.84% -7.91%
Inventory
Prepaid Expenses $64.46M
Receivables $911.4M $820.0M
Other Receivables $194.0M $93.00M
Total Short-Term Assets $1.356B $1.155B
YoY Change 17.44% 2.94%
LONG-TERM ASSETS
Property, Plant & Equipment $252.2M $239.0M
YoY Change 5.54% 5.75%
Goodwill $1.837B
YoY Change
Intangibles $41.34M
YoY Change
Long-Term Investments $265.0M $211.0M
YoY Change 25.59% 15.93%
Other Assets $157.8M $325.0M
YoY Change -51.44% 22.18%
Total Long-Term Assets $2.818B $2.639B
YoY Change 6.79% 2.97%
TOTAL ASSETS
Total Short-Term Assets $1.356B $1.155B
Total Long-Term Assets $2.818B $2.639B
Total Assets $4.175B $3.794B
YoY Change 10.03% 2.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $401.0M $365.0M
YoY Change 9.86% -1.62%
Accrued Expenses $410.0M $393.0M
YoY Change 4.33% 3.69%
Deferred Revenue
YoY Change
Short-Term Debt $50.72M $0.00
YoY Change -100.0%
Long-Term Debt Due $51.00M $20.00M
YoY Change 155.0% -55.56%
Total Short-Term Liabilities $1.237B $991.0M
YoY Change 24.84% -14.64%
LONG-TERM LIABILITIES
Long-Term Debt $754.0M $619.0M
YoY Change 21.81% 39.41%
Other Long-Term Liabilities $62.27M $421.0M
YoY Change -85.21% 9.92%
Total Long-Term Liabilities $62.27M $1.040B
YoY Change -94.01% 25.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.237B $991.0M
Total Long-Term Liabilities $62.27M $1.040B
Total Liabilities $2.241B $2.044B
YoY Change 9.66% 1.54%
SHAREHOLDERS EQUITY
Retained Earnings $1.067B
YoY Change
Common Stock $946.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.927B $1.750B
YoY Change
Total Liabilities & Shareholders Equity $4.175B $3.794B
YoY Change 10.03% 2.96%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $46.53M $37.44M
YoY Change 24.28% -15.1%
Depreciation, Depletion And Amortization $20.20M $19.90M
YoY Change 1.51% 2.58%
Cash From Operating Activities $56.90M $73.50M
YoY Change -22.59% 20.69%
INVESTING ACTIVITIES
Capital Expenditures -$17.50M -$20.70M
YoY Change -15.46% 8.95%
Acquisitions
YoY Change
Other Investing Activities -$24.40M $10.90M
YoY Change -323.85% -105.26%
Cash From Investing Activities -$42.00M -$9.800M
YoY Change 328.57% -95.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -26.50M -50.10M
YoY Change -47.11% -131.27%
NET CHANGE
Cash From Operating Activities 56.90M 73.50M
Cash From Investing Activities -42.00M -9.800M
Cash From Financing Activities -26.50M -50.10M
Net Change In Cash -11.60M 13.60M
YoY Change -185.29% -361.54%
FREE CASH FLOW
Cash From Operating Activities $56.90M $73.50M
Capital Expenditures -$17.50M -$20.70M
Free Cash Flow $74.40M $94.20M
YoY Change -21.02% 17.9%

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7900000 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45932000 USD
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
41342000 USD
us-gaap Interest Expense
InterestExpense
16972000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
7459000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
9049000 USD
us-gaap Interest Expense
InterestExpense
14885000 USD
us-gaap Interest Paid
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-10430000 USD
us-gaap Interest Paid
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-6180000 USD
CY2011Q4 us-gaap Investments Fair Value Disclosure
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23169000 USD
CY2012Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
23083000 USD
CY2012Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
63579000 USD
CY2013Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
58993000 USD
CY2013Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
265202000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
268107000 USD
CY2013Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
58993000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
63579000 USD
CY2012Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
592928000 USD
CY2013Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
634600000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1130444000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1198320000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
2392243000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
2241400000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
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4174703000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4351499000 USD
CY2013Q2 us-gaap Liabilities Current
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1237200000 USD
CY2012Q4 us-gaap Liabilities Current
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1661971000 USD
CY2012Q4 us-gaap Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
144257000 USD
CY2013Q2 us-gaap Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
98213000 USD
CY2013Q2 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
76825000 USD
CY2012Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
58881000 USD
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
275000000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
280500000 USD
CY2013Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
268300000 USD
CY2012Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
169000000 USD
CY2013Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
479000000 USD
CY2012Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
1600000 USD
CY2013Q2 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
3400000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
8073000 USD
CY2013Q2 us-gaap Minority Interest
MinorityInterest
6758000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
-4002000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 USD
us-gaap Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
4342000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
277011000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
79561000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25898000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62761000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-122618000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-244558000 USD
us-gaap Net Income Loss
NetIncomeLoss
51464000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
37441000 USD
us-gaap Net Income Loss
NetIncomeLoss
59686000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
46531000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2921000 USD
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
289000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3027000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
435000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59445000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46290000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37188000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51211000 USD
CY2013Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
95543000 USD
CY2012Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
101952000 USD
CY2013Q2 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
1780000000 USD
CY2012Q4 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
1950000000 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
923561000 USD
us-gaap Operating Expenses
OperatingExpenses
1661982000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
863259000 USD
us-gaap Operating Expenses
OperatingExpenses
1759450000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58082000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
65822000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
85921000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
72653000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
13075000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
20038000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
16484000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
11719000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
142059000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
157824000 USD
CY2012Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-42007000 USD
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-39128000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6333000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-87753000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
512106000 USD
CY2012Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
233765000 USD
CY2013Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
262185000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
466361000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
109909000 USD
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
112553000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75415000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
62272000 USD
us-gaap Payments For Previous Acquisition
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32248000 USD
us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
31699000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
30212000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
32486000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
495000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9091000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10020000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1129000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3925000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
45313000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14380000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
13862000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
11588000 USD
CY2013Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
64463000 USD
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
53165000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1181991000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
7482000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3103000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
926000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
995007000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
-5060000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
32556000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
17425000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9201000 USD
us-gaap Profit Loss
ProfitLoss
51899000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
37730000 USD
us-gaap Profit Loss
ProfitLoss
62713000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
49452000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
269338000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
252247000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11375000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10845000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
884500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
853500000 USD
CY2012Q2 us-gaap Restructuring Charges
RestructuringCharges
16604000 USD
us-gaap Restructuring Charges
RestructuringCharges
25556000 USD
us-gaap Restructuring Charges
RestructuringCharges
9770000 USD
CY2013Q2 us-gaap Restructuring Charges
RestructuringCharges
6602000 USD
CY2013Q2 us-gaap Restructuring Reserve
RestructuringReserve
20455000 USD
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
31377000 USD
CY2012Q2 us-gaap Restructuring Reserve
RestructuringReserve
37378000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
31957000 USD
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
1706000 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
20692000 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
18429000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1017128000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1066794000 USD
us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross and Net Accounting:</font><font style="font-family:inherit;font-size:10pt;"> We follow the guidance of FASB Accounting Standards Codification (&#8220;ASC&#8221;) 605-45, &#8220;Principal and Agent Considerations,&#8221; when accounting for reimbursements received from clients. In certain of our businesses, primarily those involving management services, our clients reimburse us for expenses incurred on their behalf. We base the treatment of reimbursable expenses for financial reporting purposes upon the fee structure of the underlying contract. Accordingly, we report a contract that provides a fixed fee billing, fully inclusive of all personnel and other recoverable expenses incurred but not separately scheduled, on a </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">gross basis</font><font style="font-family:inherit;font-size:10pt;">. When accounting on a gross basis, our reported revenue includes the full billing to our client and our reported expenses include all costs associated with the client. Certain contractual arrangements in our project and development services, including fit-out business activities, and in facility management, tend to have characteristics that result in accounting on a gross basis. In Note 4, Business Segments, we identify vendor and subcontract costs on certain client assignments in property and facilities management, and project and development services (&#8220;gross contract costs&#8221;), and present separately their impact on both revenue and operating expense in our RES segments. We exclude these costs from revenue and operating expenses in determining &#8220;fee revenue&#8221; and &#8220;fee based operating expenses&#8221; in our segment presentation.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We account for a contract on a </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">net basis</font><font style="font-family:inherit;font-size:10pt;"> when the fee structure is comprised of at least two distinct elements, namely (1) a fixed management fee and (2) a separate component that allows for scheduled reimbursable personnel costs or other expenses to be billed directly to the client. When accounting on a net basis, we include the fixed management fee in reported revenue and net the reimbursement against expenses. We base this accounting on the following factors, which define us as an agent rather than a principal:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:5px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The property owner or client, with ultimate approval rights relating to the employment and compensation of on-site personnel, and bearing all of the economic costs of such personnel, is determined to be the primary obligor in the arrangement;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:5px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reimbursement to Jones Lang LaSalle is generally completed simultaneously with payment of payroll or soon thereafter;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:5px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Because the property owner is contractually obligated to fund all operating costs of the property from existing cash flow or direct funding from its building operating account, Jones Lang LaSalle bears little or no credit risk; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:5px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Jones Lang LaSalle generally earns no margin in the reimbursement aspect of the arrangement, obtaining reimbursement only for actual costs incurred.</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The majority of our service contracts are accounted for on a net basis. Total costs incurred and reimbursed by our clients for service contracts that were accounted for on a net basis were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$384.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$342.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$808.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$761.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contracts accounted for on a gross basis resulted in certain costs reflected in revenue and operating expenses of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$81.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$69.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$156.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$137.6 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The presentation of expenses pursuant to all of these arrangements under either a gross or net basis has no impact on operating income, net income or cash flows.</font></div></div>
us-gaap Revenue Recognition Percentage Of Completion Method
RevenueRecognitionPercentageOfCompletionMethod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">project and development management and construction management fees</font><font style="font-family:inherit;font-size:10pt;"> by applying the percentage of completion method of accounting. We use the efforts expended method to determine the extent of progress towards completion for project and development management fees, and costs incurred to total estimated costs for construction management fees.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Construction management fees</font><font style="font-family:inherit;font-size:10pt;">, which are gross construction services revenue net of subcontract costs, were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively. Gross construction services revenue totaled </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$36.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$25.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$77.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$57.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively. Subcontract costs totaled </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$35.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$23.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$74.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$53.8 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2012</font><font style="font-family:inherit;font-size:10pt;">, Trade receivables included costs in excess of billings on uncompleted construction contacts of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$8.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$7.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, and Deferred income included billings in excess of costs on uncompleted construction contracts of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div></div>
us-gaap Revenue Recognition Services Commissions
RevenueRecognitionServicesCommissions
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">transaction commissions</font><font style="font-family:inherit;font-size:10pt;"> related to leasing services and capital markets services as revenue when we provide the related service unless future contingencies exist. If future contingencies exist, we defer recognition of this revenue until the respective contingencies have been satisfied.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Revenue Recognition Services Management Fees
RevenueRecognitionServicesManagementFees
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">advisory and management fees</font><font style="font-family:inherit;font-size:10pt;"> related to property management services, valuation services, corporate property services, consulting services and investment management as income in the period in which we perform the related services.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Revenues
Revenues
1845371000 USD
us-gaap Revenues
Revenues
1734635000 USD
CY2013Q2 us-gaap Revenues
Revenues
989383000 USD
CY2012Q2 us-gaap Revenues
Revenues
921341000 USD
CY2012Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
921294000 USD
CY2013Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
998459000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1859929000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1746437000 USD
CY2012Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
275000000 USD
CY2013Q2 us-gaap Senior Long Term Notes
SeniorLongTermNotes
275000000 USD
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
32233000 USD
CY2013Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
50724000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
926000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
1926545000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1951183000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1959256000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1933303000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-672000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
732000 USD
CY2013Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1100000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
300000 USD
CY2013Q2 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
54400000 USD
CY2013Q2 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
98213000 USD
CY2012Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
144257000 USD
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45141341 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44847350 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45091245 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44725914 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43718678 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44090942 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44101006 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43661976 shares
jll Accumulated Amortization Finite Lived Intangible Assets Translation Adjustments
AccumulatedAmortizationFiniteLivedIntangibleAssetsTranslationAdjustments
2118000 USD
jll Cash Paid For New Acquisitions And Contingent Earn Out Consideration
CashPaidForNewAcquisitionsAndContingentEarnOutConsideration
45100000 USD
CY2012Q2 jll Construction Management Revenue Net Of Costs
ConstructionManagementRevenueNetOfCosts
1600000 USD
jll Construction Management Revenue Net Of Costs
ConstructionManagementRevenueNetOfCosts
3300000 USD
CY2013Q2 jll Construction Management Revenue Net Of Costs
ConstructionManagementRevenueNetOfCosts
1300000 USD
jll Construction Management Revenue Net Of Costs
ConstructionManagementRevenueNetOfCosts
3000000 USD
jll Deferred Acquisition Obligations Paid
DeferredAcquisitionObligationsPaid
30500000 USD
CY2013Q2 jll Defined Benefit Plan Estimated Future Employer Contribution In Entire Current Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionInEntireCurrentFiscalYear
12200000 USD
jll Distributions To Real Estate Ventures
DistributionsToRealEstateVentures
-690000 USD
jll Distributions To Real Estate Ventures
DistributionsToRealEstateVentures
-1462000 USD
CY2013Q2 jll Equity Method Investment Ownership Percentage Maximum
EquityMethodInvestmentOwnershipPercentageMaximum
0.15
CY2013Q2 jll Equity Method Investment Ownership Percentage Minimum
EquityMethodInvestmentOwnershipPercentageMinimum
0.01
jll Finite And Indefinite Lived Intangible Assets Additions
FiniteAndIndefiniteLivedIntangibleAssetsAdditions
2051000 USD
CY2012Q4 jll Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
156280000 USD
CY2013Q2 jll Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
154355000 USD
jll Finite And Indefinite Lived Intangible Assets Translation Adjustments
FiniteAndIndefiniteLivedIntangibleAssetsTranslationAdjustments
-3976000 USD
CY2013Q2 jll Foreign Currency Forward Contract Net Notional Value
ForeignCurrencyForwardContractNetNotionalValue
760800000 USD
CY2012Q4 jll Foreign Currency Forward Contract Net Notional Value
ForeignCurrencyForwardContractNetNotionalValue
886600000 USD
jll Foreign Currency Translation Adjustments Net
ForeignCurrencyTranslationAdjustmentsNet
-128000 USD
jll Foreign Currency Translation Adjustments Net
ForeignCurrencyTranslationAdjustmentsNet
-2523000 USD
jll Goodwill Additions Net Of Adjustments
GoodwillAdditionsNetOfAdjustments
19592000 USD
jll Gross Revenue And Expenses For Management Services
GrossRevenueAndExpensesForManagementServices
156600000 USD
CY2013Q2 jll Gross Revenue And Expenses For Management Services
GrossRevenueAndExpensesForManagementServices
81100000 USD
jll Gross Revenue And Expenses For Management Services
GrossRevenueAndExpensesForManagementServices
137600000 USD
CY2012Q2 jll Gross Revenue And Expenses For Management Services
GrossRevenueAndExpensesForManagementServices
69200000 USD
jll Increase Decrease In Common Stock Held In Trust
IncreaseDecreaseInCommonStockHeldInTrust
29000 USD
jll Investments In Real Estate Ventures
InvestmentsInRealEstateVentures
71000 USD
jll Investments In Real Estate Ventures
InvestmentsInRealEstateVentures
0 USD
CY2013Q2 jll Level Of Risk Retained Per Claim
LevelOfRiskRetainedPerClaim
2500000 USD
CY2013Q2 jll Maximum Expected Period For Vehicle To Draw Down On Commitment
MaximumExpectedPeriodForVehicleToDrawDownOnCommitment
P5Y
CY2013Q2 jll Minimum Expected Period For Vehicle To Draw Down On Commitment
MinimumExpectedPeriodForVehicleToDrawDownOnCommitment
P3Y
CY2013Q2 jll Minority Shareholder Redemption Liability Noncurrent
MinorityShareholderRedemptionLiabilityNoncurrent
19838000 USD
CY2012Q4 jll Minority Shareholder Redemption Liability Noncurrent
MinorityShareholderRedemptionLiabilityNoncurrent
19489000 USD
CY2013Q2 jll Number Of Acquisitions Subject To Potential Earn Out Payments Provisions
NumberOfAcquisitionsSubjectToPotentialEarnOutPaymentsProvisions
10 acquisition
CY2013Q2 jll Number Of Contributory Defined Benefit Pension Plans
NumberOfContributoryDefinedBenefitPensionPlans
5 plan
CY2013Q2 jll Number Of Investment Vehicles Utilized To Facilitate Majority Of Co Investment Activity
NumberOfInvestmentVehiclesUtilizedToFacilitateMajorityOfCoInvestmentActivity
2 investment
CY2013Q2 jll Number Of Separate Property Or Fund Co Investments
NumberOfSeparatePropertyOrFundCoInvestments
50 investment
CY2013Q2 jll Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
1100000 USD
jll Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
1100000 USD
CY2013Q2 jll Potential Earn Out Payments Resulting From Acquisitions Completed Prior To Adoption Of Fair Value Requirements For Contingent Consideration
PotentialEarnOutPaymentsResultingFromAcquisitionsCompletedPriorToAdoptionOfFairValueRequirementsForContingentConsideration
5900000 USD
jll Provision Recorded For Potential Earn Out Obligations
ProvisionRecordedForPotentialEarnOutObligations
1000000 USD
jll Provision Recorded For Potential Earn Out Obligations
ProvisionRecordedForPotentialEarnOutObligations
1290000 USD
CY2013Q2 jll Remaining Potential Earn Out Payments
RemainingPotentialEarnOutPayments
21900000 USD
CY2012Q2 jll Segment Reporting Information Operating Expenses
SegmentReportingInformationOperatingExpenses
846655000 USD
jll Segment Reporting Information Operating Expenses
SegmentReportingInformationOperatingExpenses
1636426000 USD
jll Segment Reporting Information Operating Expenses
SegmentReportingInformationOperatingExpenses
1749680000 USD
CY2013Q2 jll Segment Reporting Information Operating Expenses
SegmentReportingInformationOperatingExpenses
916959000 USD
jll Subcontract Costs
SubcontractCosts
53800000 USD
CY2012Q2 jll Subcontract Costs
SubcontractCosts
23700000 USD
CY2013Q2 jll Subcontract Costs
SubcontractCosts
35400000 USD
jll Subcontract Costs
SubcontractCosts
74900000 USD
jll Supplemental Acquisition Fees And Costs
SupplementalAcquisitionFeesAndCosts
-1602000 USD
jll Supplemental Acquisition Fees And Costs
SupplementalAcquisitionFeesAndCosts
-1059000 USD
CY2013Q2 jll Unamortized Intangibles And Goodwill
UnamortizedIntangiblesAndGoodwill
1900000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001037976
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44433511 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
JONES LANG LASALLE INC

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