Circuit City 2008 Annual Report Download - page 60

Download and view the complete annual report

Please find page 60 of the 2008 Circuit City 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 80

  • 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

Table of Contents
Financial information relating to the Company’s operations by reportable segment was as follows (in thousands):
Financial information relating to the Company’s operations by geographic area was as follows (in thousands):
Net sales are attributed to countries based on location of selling subsidiary.
55
Year Ended December 31,
2008
2007
2006
Net Sales:
Technology Products
$
2,795,441
$
2,553,716
$
2,148,104
Industrial Products
237,027
225,746
196,860
Software Solutions
493
413
201
Consolidated
$
3,032,961
$
2,779,875
$
2,345,165
Depreciation Expense:
Technology Products
$
8,219
$
6,818
$
6,395
Industrial Products
986
1,023
1,040
Software Solutions
1,111
904
683
Corporate
71
35
67
Consolidated
$
10,387
$
8,780
$
8,185
Operating Income (Loss):
Technology Products
$
96,177
$
100,958
$
68,843
Industrial Products
24,621
20,595
13,947
Software Solutions
(17,948
)
(15,813
)
(10,092
)
Corporate and other expenses
(19,483
)
(11,798
)
(11,968
)
Consolidated
$
83,367
$
93,942
$
60,730
Total Assets
Technology Products
$
400,037
$
331,033
$
230,512
Industrial Products
98,670
76,634
59,239
Software Solutions
3,531
3,783
3,068
Corporate
201,025
266,194
291,342
Consolidated
$
703,263
$
677,644
$
584,161
Year Ended December 31,
2008
2007
2006
Net Sales:
United States:
Technology Products
$
1,660,902
$
1,451,046
$
1,268,579
Industrial Products
237,027
225,746
196,860
Software Solutions
493
413
201
United States total
1,898,422
1,677,205
1,465,640
Other North America (Technology Products)
193,950
170,272
135,619
Europe
940,589
932,398
743,906
Consolidated
$
3,032,961
$
2,779,875
$
2,345,165
Long
-
lived Assets:
North America
—
principally United States
$
30,188
$
21,978
$
21,347
Europe
18,277
25,602
27,239
Consolidated
$
48,465
$
47,580
$
48,586