IHOP 2014 Annual Report Download - page 113

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DineEquity, Inc. and Subsidiaries
Notes to the Consolidated Financial Statements (Continued)
94
17. Segment Reporting
Information on segments and a reconciliation to income (loss) before income taxes are as follows:
Year Ended December 31,
2014 2013 2012
Revenues (In millions)
Franchise operations ....................................................................................... $ 456.1 $ 439.2 $ 421.4
Company restaurants....................................................................................... 62.5 63.4 291.1
Rental operations............................................................................................. 122.9 124.8 122.9
Financing operations ....................................................................................... 13.5 13.1 14.5
Total............................................................................................................ $ 655.0 $ 640.5 $ 849.9
Income (loss) before income taxes
Franchise operations ....................................................................................... $ 334.3 $ 329.5 $ 311.5
Company restaurants....................................................................................... (0.2) (0.2) 41.8
Rental operations............................................................................................. 28.3 27.5 25.7
Financing operations ....................................................................................... 12.7 12.9 12.9
Corporate......................................................................................................... (323.5) (259.1) (197.0)
Income (loss) before income taxes ............................................................ $ 51.6 $ 110.6 $ 194.9
Interest expense
Company restaurants....................................................................................... $ 0.4 $ 0.4 $ 0.4
Rental operations............................................................................................. 14.7 15.7 17.0
Corporate......................................................................................................... 96.6 100.3 114.3
Total............................................................................................................ $ 111.7 $ 116.4 $ 131.7
Depreciation and amortization
Franchise operations ....................................................................................... $ 10.4 $ 10.8 $ 9.8
Company restaurants....................................................................................... 2.1 2.2 6.9
Rental operations............................................................................................. 13.2 13.4 13.6
Corporate......................................................................................................... 9.0 9.0 9.2
Total............................................................................................................ $ 34.7 $ 35.4 $ 39.5
Closure and impairment charges
Company restaurants....................................................................................... $ 3.7 $ 1.8 $ 4.2
Total............................................................................................................ $ 3.7 $ 1.8 $ 4.2
Capital expenditures
Company restaurants....................................................................................... $ 1.5 $ 1.3 $ 9.5
Corporate......................................................................................................... 4.4 5.7 7.5
Total $ 5.9 $ 7.0 $ 17.0
Goodwill (franchise segment) ........................................................................ $ 697.5 $ 697.5 $ 697.5
Total assets
Franchise operations ....................................................................................... $ 1,635.0 $ 1,606.4 $ 1,523.0
Company restaurants....................................................................................... 177.7 191.6 186.2
Rental operations............................................................................................. 344.3 364.0 397.3
Financing operations ....................................................................................... 109.9 117.1 125.4
Corporate......................................................................................................... 181.2 125.5 183.5
Total............................................................................................................ $ 2,448.1 $ 2,404.6 $ 2,415.4