WeightWatchers 2010 Annual Report Download - page 84

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIE
S
CO
N
SO
LIDATED
S
TATEMENT
SO
FIN
CO
ME F
O
R THE FI
SC
AL YEAR
S
ENDE
D
(
IN THOUSANDS, EXCEPT PER SHARE AMOUNTS
)
January 1
,
2
0
1
1
January 2
,
2
0
1
0
J
anuary 3,
2009
(52 weeks) (52 weeks) (53 weeks
)
Meet
i
n
gf
ees, net ............................................ $
8
19,646 $ 817,523 $ 908,084
Pro
d
uct sa
l
es an
d
ot
h
er, ne
t
....................................
393,635 385,405 441,922
Internet re
v
enue
s
............................................
238,756 195,985 185,80
6
Revenues, ne
t
..........................................
1,4
5
2,037 1,398,913 1,
5
3
5
,812
Cost o
f
meet
i
ngs, pro
d
ucts an
d
ot
h
e
r
...........................
.
621
,
679 634
,
932 66
5,
434
C
ost o
f
Internet re
v
enues ...................................... 39
,
728 36
,
007 3
5,
401
C
ost o
f
re
v
enue
s
........................................
661,407 670,939 700,83
5
Gross
p
rofit
............................................
7
90,
6
30 727,974 834,977
Marketing expense
s
..........................................
21
7,
120 200
,
4
7
922
7,
43
7
Selling, general and administrative expenses
......................
183,16
5
170,84
5
182,493
Operat
i
ng
i
ncome
.......................................
390
,
34
5
3
5
6
,
6
5
042
5,
047
I
nterest expense
.............................................
76
,
204 66
,
722 92
,
66
7
Ot
h
er expense (
i
ncome), ne
t
................................... 96
3
(
228
)(
1,969
)
I
ncome
b
e
f
ore
i
ncome taxe
s
...............................
313,178 290,156 334,34
9
Pro
vi
s
i
on
f
or
i
ncome taxes
....................................
120,656 115,585 132,002
N
et incom
e
............................................
192,
5
22 174,
5
71 202,347
Net loss attributable to the noncontrolling interest
..................
1
,7
13 2
,77
31
,
984
N
et income attributable to Weight Watchers International, Inc. . . .
$
194,235
$
177,344
$
204,331
Earn
i
ngs Per S
h
are attr
ib
uta
bl
etoWe
i
g
h
t Watc
h
ers Internat
i
ona
l
, Inc
.
Bas
i
c .................................................
$
2.57
$
2.30
$
2.61
D
il
ute
d
.
...............................................
$
2.56
$
2.30
$
2.60
W
e
i
g
h
te
d
average common s
h
ares outstan
di
n
g
Bas
i
c
.................................................
7
5,
661 77
,
004 78
,
2
5
0
D
il
ute
d
................................................
7
5,
880 77
,
117 78
,
49
5
D
i
v
id
en
d
s
d
ec
l
are
d
per common s
h
are
.
..........................
$
0.70
$
0.70
$
0.70
T
h
e accompany
i
ng notes are an
i
ntegra
l
part o
f
t
h
e conso
lid
ate
dfi
nanc
i
a
l
statements.
F-
4