Papa Johns 2008 Annual Report Download - page 100

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93
21. Segment Information (continued)
Our reportable segments are business units that provide different products or services. Separate
management of each segment is required because each business unit is subject to different operational
issues and strategies. No single external customer accounted for 10% or more of our consolidated
revenues. The accounting policies of the segments are the same as those described in the summary of
significant accounting policies (see Note 2).
Our segment information is as follows:
(in thousands) 2008 2007 2006
Revenues from external customers:
Domestic Company-owned restaurants 533,255$ 504,330$ 447,938$
Domestic commissaries 429,068 399,099 413,075
Domestic franchising 61,304 60,041 58,971
International 38,717 31,174 23,209
Variable interest entities (1) 8,328 7,131 7,859
All others 61,415 61,820 50,505
Total revenues from external customers
1,132,087
$
1,063,595
$
1,001,557
$
Intersegment revenues:
Domestic commissaries 144,392$ 130,110$ 113,412$
Domestic franchising 1,908 1,535 1,297
International 1,227 826 748
Variable interest entities (1) 165,449 138,233 144,123
All others 15,569 15,998 13,840
Total intersegment revenues
328,545
$
286,702
$
273,420
$
Depreciation and amortization:
Domestic restaurants 14,775$ 15,246$ 12,111$
Domestic commissaries 4,780 4,845 5,322
International 2,338 2,268 1,596
Variable interest entities 73 54 142
All others 3,110 2,751 1,811
Unallocated corporate expenses 7,770 6,702 6,226
Total depreciation and amortization
32,846
$
31,866
$
27,208
$
Income (loss) from continuing operations before income taxes:
Domestic Company-owned restaurants (2) 19,997$ 25,407$ 33,176$
Domestic commissaries (3) 30,235 35,847 34,690
Domestic franchising (4) 53,610 51,466 51,543
International (5) (7,193) (8,734) (8,874)
Variable interest entities (6) (10,540) (31,709) 18,987
All others 9,175 6,348 5,628
Unallocated corporate expenses (7) (36,154) (31,454) (37,523)
Minority interests and other (2,354) (1,143) (1,470)
Total income from continuing operations before income taxes
56,776
$
46,028
$
96,157
$