Pottery Barn 2006 Annual Report Download - page 75

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equivalents, the net book value of corporate facilities and related information systems, deferred income taxes and
other corporate long-lived assets.
Income tax information by segment has not been included as taxes are calculated at a company-wide level and
are not allocated to each segment.
Segment Information
Dollars in thousands Retail1
Direct-to-
Customer Unallocated Total
2006
Net revenues $2,153,978 $1,573,535 — $3,727,513
Depreciation and amortization expense 92,372 19,650 $ 23,009 135,031
Earnings (loss) before income taxes2264,574 248,793 (176,181) 337,186
Assets31,062,362 349,419 636,550 2,048,331
Capital expenditures 125,333 25,686 39,961 190,980
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 taxes4278,057 232,023 (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
Assets4910,924 279,579 555,042 1,745,545
Capital expenditures 90,027 40,894 50,532 181,453
1Net revenues include $78.1 million, $64.6 million and $50.1 million in fiscal 2006, fiscal 2005 and fiscal 2004, respectively,
related to our foreign operations.
2Includes $2.4 million, $1.6 million, and $0.3 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 $23.1 million, $26.5 million and $23.1 million of long-term assets in fiscal 2006, fiscal 2005 and fiscal 2004,
respectively, related to our foreign operations.
4Includes $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.
63
Form 10-K