WeightWatchers 2008 Annual Report Download - page 90

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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 January 3, 2009
Weight
Watchers
International WeightWatchers.com
Intercompany
Eliminations Consolidated
Revenues from external customers ............ $1,347,380 $188,432 $ — $1,535,812
Intercompany revenue ...................... 17,720 105 (17,825) —
Total revenue ......................... $1,365,100 $188,537 (17,825) $1,535,812
Depreciation and amortization ................ $ 20,150 $ 5,809 $ — $ 25,959
Operating income .......................... $ 361,548 $ 63,499 $ — $ 425,047
Interest expense ....................... 92,667
Other income, net ...................... (1,969)
Provision for taxes ..................... 132,002
Income before minority interest ............... $ 202,347
Total assets ............................... $1,268,408 $132,651 $(294,307) $1,106,752
Year Ended December 29, 2007
Weight
Watchers
International WeightWatchers.com
Intercompany
Eliminations Consolidated
Revenues from external customers ............ $1,313,083 $154,084 $ — $1,467,167
Intercompany revenue ...................... 14,536 3,571 (18,107) —
Total revenue ......................... $1,327,619 $157,655 (18,107) $1,467,167
Depreciation and amortization ................ $ 16,400 $ 4,346 $ — $ 20,746
Operating income .......................... $ 384,457 $ 51,150 $ — $ 435,607
Interest expense ....................... 109,277
Other income, net ...................... (3,182)
Early extinguishment of debt ............. 3,021
Provision for taxes ..................... 125,311
Net income ............................... $ 201,180
Total assets ............................... $1,247,569 $ 92,971 $(294,319) $1,046,221
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