What does this sentence "kick some a**, take names" mean?

Like many idiomatic expressions, I think that it it is
difficult to find the exact location of the phrase's origin.  The phrase, "Kick some
a**, take names," reflects a gradual and progressive ascent to success.  For example,
when an athletic team wins continual games, one after another, it can be said that the
team is out there to "kick some a**, and take names."  The vanquishing of one's foes
represents the "kick some a**," while the growing list of conquests reflects the aspect
of "taking names."  I first became familiar with the phrase from a 1987 film,
"Wall Street."  The protagonist, Bud Fox, starts to become more and
more successful, through dubious means.  In the film, when he is being moved to a corner
office as compensation for the level of success he reached, someone congratulates him
for his recent bout of good fortune.  Fox looks at him and says, "Just kickin' a** and
taking names."  Bud Fox represents and typifies the type of person who would use the
idiomatic expression.