American Home Shield 2009 Annual Report Download - page 95

Table of Contents
Notes to the Consolidated Financial Statements (Continued)
Note 4. Business Segment Reporting (Continued)
Information regarding the accounting policies used by the Company is described in Note 1. The Company derives substantially all of its revenue from
customers and franchisees in the United States with less than two percent generated in foreign markets. Operating expenses of the business units consist
primarily of direct costs. Identifiable assets are those used in carrying out the operations of the business unit and include intangible assets directly related to its
operations.
Segment information for continuing operations is presented below.
Successor Predecessor
Year Ended Dec. 31,
Jul. 25, 2007 to
Dec. 31, 2007
Jan. 1, 2007 to
Jul. 24, 2007
(In thousands)
2009 2008
Operating Revenue:
TruGreen LawnCare $ 1,048,936 $ 1,094,730 $ 501,830 $ 597,147
TruGreen LandCare 262,194 316,306 169,741 242,154
Terminix 1,089,072 1,093,922 445,760 645,700
American Home Shield 630,251 588,039 209,661 331,361
ServiceMaster Clean 125,614 129,798 55,390 68,183
Other Operations and Headquarters 84,012 88,637 39,976 49,845
Total Operating Revenue $ 3,240,079 $ 3,311,432 $ 1,422,358 $ 1,934,390
Operating Income (Loss):(1),(2),(3),(4)
TruGreen LawnCare $ 58,568 $ 96,475 $ 42,156 $ 75,656
TruGreen LandCare 3,417 1,385 (6,351) (2,206)
Terminix 172,447 146,185 49,216 109,461
American Home Shield 63,983 23,806 (20,764) 35,582
ServiceMaster Clean 48,604 44,700 16,363 25,400
Other Operations and Headquarters (89,862) (114,789) (47,380) (99,961)
Total Operating Income $ 257,157 $ 197,762 $ 33,240 $ 143,932
Identifiable Assets:
TruGreen LawnCare $ 2,108,908 $ 2,168,190 $ 2,186,497
TruGreen LandCare 135,843 150,348 168,419
Terminix 2,584,937 2,610,320 2,630,405
American Home Shield 977,217 985,192 1,107,535
ServiceMaster Clean 388,847 395,005 411,463
Other Operations and Headquarters 950,595 1,184,160 1,044,267
Total Identifiable Assets(5) $ 7,146,347 $ 7,493,215 $ 7,548,586
Depreciation & Amortization Expense:
TruGreen LawnCare $ 87,527 $ 87,957 $ 88,628 $ 8,552
TruGreen LandCare 11,462 11,165 5,928 3,171
Terminix 63,129 60,199 28,543 10,596
American Home Shield 41,657 46,922 22,038 3,687
ServiceMaster Clean 8,213 9,024 3,971 786
Other Operations and Headquarters 14,290 13,937 6,533 5,622
Total Depreciation & Amortization Expense(6) $ 226,278 $ 229,204 $ 155,641 $ 32,414
Capital Expenditures:
TruGreen LawnCare $ 28,792 $ 54,269 $ 2,417 $ 6,353
TruGreen LandCare 6,518 10,029 1,591 3,324
Terminix 17,728 11,930 5,128 9,050
American Home Shield 1,820 5,846 1,855 3,091
ServiceMaster Clean 232 654 471 462
Other Operations and Headquarters 7,432 5,322 4,094 4,283
Total Capital Expenditures $ 62,522 $ 88,050 $ 15,556 $ 26,563