Amazon.com 2001 Annual Report Download - page 86

Download and view the complete annual report

Please find page 86 of the 2001 Amazon.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

AMAZON.COM, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
U.S. Retail
Books,
Music and
DVD/Video
Electronics,
Tools and
Kitchen Total Services International Consolidated
(in thousands)
1999:
Net sales .................... $1,308,292 $ 150,654 $1,458,946 $ 13,150 $167,743 $1,639,839
Gross profit .................. 262,871 (20,086) 242,785 12,285 35,575 290,645
Pro forma income (loss) from
operations ................. (31,000) (163,827) (194,827) (78,321) (79,223) (352,371)
Stock-based compensation ...... (30,618)
Amortization of goodwill and
other intangibles ............ (214,694)
Restructuring-related and other . . (8,072)
Net interest expense and other . . . (37,444)
Equity in losses of equity-method
investees, net ............... (76,769)
Net loss ..................... $ (719,968)
Net sales to customers outside of the U.S. represented approximately 29%, 22% and 22% of net sales for
2001, 2000 and 1999, respectively. No individual foreign country or geographical area or customer accounted for
more than 10% of net sales in any of the periods presented. There were no transfers between geographic areas
during 2001, 2000 or 1999.
Depreciation expense, by segment, was as follows (in thousands):
U.S. Retail
Year Ended December 31,
Books,
Music and
DVD/Video
Electronics,
Tools and
Kitchen Total Services International Consolidated
2001 ...................... $29,317 $21,670 $50,987 $8,349 $24,108 $83,444
2000 ...................... 29,501 26,818 56,319 7,649 18,970 82,938
1999 ...................... 15,304 7,730 23,034 4,873 6,674 34,581
At December 31, 2001 and 2000, fixed assets, net totaled $228 million and $315 million in the United
States, respectively, and $44 million and $51 million in other countries, respectively.
77