IHOP 2015 Annual Report Download - page 102

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DineEquity, Inc. and Subsidiaries
Notes to the Consolidated Financial Statements (Continued)
82
18. Segment Reporting
Information on segments and a reconciliation to income (loss) before income taxes are as follows:
Year Ended December 31,
2015 2014 2013
Revenues (In millions)
Franchise operations ....................................................................................... $ 494.7 $ 456.1 $ 439.2
Rental operations............................................................................................. 127.7 122.9 124.8
Company restaurants....................................................................................... 47.9 62.5 63.4
Financing operations....................................................................................... 10.8 13.5 13.1
Total............................................................................................................ $ 681.1 $ 655.0 $ 640.5
Income (loss) before income taxes
Franchise operations ....................................................................................... $ 355.7 $ 334.3 $ 329.5
Rental operations............................................................................................. 33.1 28.3 27.5
Company restaurants....................................................................................... (0.1) (0.2) (0.2)
Financing operations....................................................................................... 10.3 12.7 12.9
Corporate......................................................................................................... (230.4) (323.5) (259.1)
Income (loss) before income taxes ............................................................ $ 168.6 $ 51.6 $ 110.6
Interest expense
Rental operations............................................................................................. $ 13.5 $ 14.7 $ 15.7
Company restaurants....................................................................................... 0.4 0.4 0.4
Corporate......................................................................................................... 63.3 96.6 100.3
Total............................................................................................................ $ 77.2 $ 111.7 $ 116.4
Depreciation and amortization
Franchise operations ....................................................................................... $ 10.4 $ 10.4 $ 10.8
Rental operations............................................................................................. 12.8 13.2 13.4
Company restaurants....................................................................................... 0.6 2.1 2.2
Corporate......................................................................................................... 9.0 9.0 9.0
Total............................................................................................................ $ 32.8 $ 34.7 $ 35.4
Closure and impairment charges (company operations segment) .............. $ 2.6 $ 3.7 $ 1.8
Capital expenditures
Company restaurants....................................................................................... $ 1.6 $ 1.5 $ 1.3
Corporate......................................................................................................... 5.0 4.4 5.7
Total $ 6.6 $ 5.9 $ 7.0
Goodwill (franchise segment) ........................................................................ $ 697.5 $ 697.5 $ 697.5
Total assets
Franchise operations ....................................................................................... $ 1,643.9 $ 1,635.0 $ 1,606.4
Rental operations............................................................................................. 324.5 344.3 364.0
Company restaurants....................................................................................... 166.1 177.7 191.6
Financing operations....................................................................................... 97.4 109.9 117.1
Corporate......................................................................................................... 100.0 126.8 87.7
Total............................................................................................................ $ 2,331.9 $ 2,393.7 $ 2,366.8