WeightWatchers 2006 Annual Report Download - page 93

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—Continued
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Information about the Company’s reportable operating segments is as follows:
Year Ended December 30, 2006
Weight
Watchers
International
Weight
Watchers
.com
Intercompany
Eliminations Consolidated
Revenues from external customers .................... $1,102,181 $131,144 $ — $1,233,325
Intercompany revenue .............................. 12,399 13,391 (25,790) —
Total revenue ................................ $1,114,580 $144,535 (25,790) $1,233,325
Depreciation and amortization ....................... $ 10,296 $ 4,584 $ — $ 14,880
Operating income ................................. $ 325,688 $ 54,360 $ — $ 380,048
Interest expense, net ........................... 49,532
Other income, net ............................. (1,447)
Early extinguishment of debt .................... 1,321
Provision for taxes ............................ 120,817
Net income ...................................... $ 209,825
Total assets ...................................... $1,077,524 $ 41,782 $(116,914) $1,002,392
Year Ended December 31, 2005
Weight
Watchers
International
Weight
Watchers
.com
Intercompany
Eliminations Consolidated
Revenues from external customers .................... $1,041,594 $109,657 $ — $1,151,251
Intercompany revenue .............................. 10,665 3,102 (13,767) —
Total revenue ................................ $1,052,259 $112,759 (13,767) $1,151,251
Depreciation and amortization ....................... $ 9,131 $ 4,565 $ — $ 13,696
Operating income ................................. $ 310,413 $ (7,932) $ 11 $ 302,492
Interest expense, net ........................... 20,969
Other expense, net ............................. 2,208
Provision for taxes ............................ 104,913
Net income ...................................... $ 174,402
Total assets ...................................... $ 914,959 $ 36,069 $(115,537) $ 835,491
F-30