Circuit City 2000 Annual Report Download - page 33

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9. SEGMENT AND RELATED INFORMATION
Net Sales
-------------------------------------------
2000 1999 1998
-------------------------------------------
North America $1,138,006 $1,263,401 $1,121,250
Europe 548,097 491,071 314,404
---------- ---------- ---------
Consolidated $1,686,103 $1,754,472 $1,435,654
========== ========== ==========
Long-Lived Assets
--------------------------------------------
2000 1999 1998
--------------------------------------------
North America $116,363 $ 91,590 $79,254
Europe 29,058 28,933 11,346
-------- -------- -------
Consolidated $145,421 $ 120,523 $90,600
======== ========= =======
10. QUARTERLY FINANCIAL DATA (UNAUDITED)
First Second Third Fourth
2000 Quarter Quarter Quarter Quarter
---- ------- ------- ------- -------
Net sales.........................$ 448,870 $ 405,972 $ 409,795 $ 421,466
Gross profit......................$ 68,169 $ 44,348 $ 47,777 $ 49,561
Net loss .......................$ (2,552) $ (14,531) $ (14,236) $ (9,452)
Net loss per common share:
Basic and diluted........ ($ .07) ($ .43) ($ .42) ($ .28)
First Second Third Fourth
1999 Quarter Quarter Quarter Quarter
---- ------- ------- ------- -------
Net sales.........................$ 421,651 $ 413,800 $ 440,659 $ 478,362
Gross profit......................$ 79,312 $ 76,222 $ 77,697 $ 81,294
Net income........................$ 10,763 $ 5,230 $ 9,314 $ 10,705
Net income per common share:
Basic and diluted........$ .30 $ .15 $ .26 $ .30
* * * * * * *
EXHIBIT INDEX
Pursuant to SFAS No. 131 "Disclosure About Segments of an Enterprise and Related Information", the Company
determined that it is engaged in a single reportable segment which markets and sells various business products.
The Company's product offerings include personal computers (PC's), computer related products, industrial
products and office products and are monitored for sales trends and profitability in these sub-categories. Products
are marketed through an integrated system of direct mail catalogs, a network of major account sales
representatives and proprietary e
-
commerce Internet web
-
sites.
Financial information relating to the Company's operations by geographic area was as follows (in thousands):
Revenues are attributed to countries based on location of selling subsidiary.
Quarterly financial data is as follows (in thousands, except for per share amounts):