Barnes and Noble 1999 Annual Report Download - page 51

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Depreciation and
Sales Amortization
Fiscal Year 1999 1998 1997 1999 1998 1997
Bookstores $3,262,295 3,005,608 2,796,852 $ 108,691 88,345 76,951
Video game & entertainment
software stores 223,748 -- -- 3,613 -- --
Total $3,486,043 3,005,608 2,796,852 $ 112,304 88,345 76,951
Equity Investment in
Operating Profit Barnes & Noble.com
Fiscal Year 1999 1998 1997 1999 1998 1997
Bookstores $ 216,678 185,142 145,356 $ 240,531 82,307 --
Operating margin 6.64% 6.16% 5.20%
Video game & entertainment
software stores 15,432 -- -- -- -- --
Operating margin 6.90% NA NA
Total $ 232,110 185,142 145,356 $ 240,531 82,307 --
Capital Expenditures Total Assets
Fiscal Year 1999 1998 1997 1999 1998 1997
Bookstores $ 142,005 141,378 121,903 $2,076,795 1,807,597 1,591,171
Video game & entertainment
software stores 4,289 -- -- 336,996 -- --
Total $ 146,294 141,378 121,903 $2,413,791 1,807,597 1,591,171
A reconciliation of operating profit reported by reportable segments to earnings before income taxes, extraordinary charge and
cumulative effect of a change in accounting principle in the consolidated financial statements is as follows:
Fiscal Year 1999 1998 1997
Reportable segments operating profit $232,110 185,142 145,356
Interest, net ( 23,765 ) ( 24,412 ) ( 37,666 )
Equity in net loss of Barnes & Noble.com ( 42,047) ( 71,334 ) --
Gain on formation of Barnes & Noble.com 25,000 63,759 --
Other income 27,337 3,414 1,913
Consolidated earnings before income taxes,
extraordinary charge and cumulative effect
of a change in accounting principle $ 218,635 156,569 109,603
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
1999 ANNUAL REPORT
50
Summarized financial information concerning the Company’s reportable segments is presented below: