Dillard's 2012 Annual Report Download - page 66

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Notes to Consolidated Financial Statements (Continued)
2. Business Segments (Continued)
The following table summarizes the percentage of net sales by segment and major product line:
Percentage of Net Sales
Fiscal Fiscal Fiscal
2012 2011 2010
Retail operations segment:
Cosmetics ..................................... 15% 15% 15%
Ladies’ apparel ................................. 22 23 23
Ladies’ accessories and lingerie ...................... 15 14 14
Juniors’ and children’s apparel ...................... 8 8 8
Men’s apparel and accessories ....................... 17 17 17
Shoes ........................................ 16 16 15
Home and furniture .............................. 5 6 6
98 99 98
Construction segment .............................. 2 1 2
Total ........................................... 100% 100% 100%
The following tables summarize certain segment information, including the reconciliation of those
items to the Company’s consolidated operations.
Fiscal 2012
(in thousands of dollars) Retail Operations Construction Consolidated
Net sales from external customers ................... $6,489,366 $103,803 $6,593,169
Gross profit .................................... 2,340,754 5,307 2,346,061
Depreciation and amortization ...................... 259,414 207 259,621
Interest and debt expense (income), net ............... 69,719 (123) 69,596
Income before income taxes and income on (equity in losses
of) joint ventures .............................. 479,181 569 479,750
Income on (equity in losses of) joint ventures ........... 1,272 — 1,272
Total assets .................................... 4,011,835 36,909 4,048,744
Fiscal 2011
(in thousands of dollars) Retail Operations Construction Consolidated
Net sales from external customers ................... $6,193,903 $69,697 $6,263,600
Gross profit .................................... 2,215,232 1,099 2,216,331
Depreciation and amortization ...................... 257,504 181 257,685
Interest and debt expense (income), net ............... 72,218 (159) 72,059
Income (loss) before income taxes and income on (equity in
losses of) joint ventures ......................... 399,813 (3,144) 396,669
Income on (equity in losses of) joint ventures ........... 4,722 — 4,722
Total assets .................................... 4,266,511 39,626 4,306,137
F-16