Pottery Barn 2005 Annual Report Download - page 71

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Segment Information
Dollars in thousands Retail1
Direct-to-
Customer Unallocated Total
2005
Net revenues $2,032,907 $1,506,040 — $3,538,947
Depreciation and amortization expense 84,045 17,566 $ 21,588 123,199
Earnings (loss) before income taxes2278,057 232,023 (161,282) 348,798
Assets3986,222 295,200 700,198 1,981,620
Capital expenditures 96,918 20,984 33,886 151,788
2004
Net revenues $1,810,979 $1,325,952 — $3,136,931
Depreciation and amortization expense 76,667 16,174 $ 18,783 111,624
Earnings (loss) before income taxes 253,038 210,809 (153,642) 310,205
Assets3910,924 279,579 555,042 1,745,545
Capital expenditures 90,027 40,894 50,532 181,453
2003
Net revenues $1,622,383 $1,131,985 — $2,754,368
Depreciation and amortization expense 68,800 15,472 $ 15,262 99,534
Earnings (loss) before income taxes 231,512 172,266 (148,140) 255,638
Assets3822,340 218,603 429,792 1,470,735
Capital expenditures 121,759 11,845 78,375 211,979
1Net revenues include $64.6 million, $50.1 million and $42.7 million in fiscal 2005, 2004 and 2003, respectively, related to
our foreign operations.
2Includes $11.4 million, $2.0 million, and $0.1 million in the retail, direct-to-customer, and corporate unallocated segments,
respectively, related to the transitioning of the merchandising strategies of our Hold Everything brand into our other existing
brands.
3Includes $26.5 million, $23.1 million and $22.5 million of long-term assets in fiscal 2005, 2004 and 2003, respectively,
related to our foreign operations.
59
Form 10-K