Nautilus 2012 Annual Report Download - page 55

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Table of Contents
Following is summary information by reportable segment for the years ended December 31, 2012 , 2011 and 2010 (in thousands):
Net sales outside of the United States, primarily in Canada, represented approximately
13% , 9% and 10% of consolidated net sales for the years
ended December 31, 2012 , 2011 and 2010 , respectively.
(15) COMMITMENTS AND CONTINGENCIES
Operating Leases
The Company leases property and equipment under non-cancelable operating leases which, in the aggregate, extend through 2019. Many of
these leases contain renewal options and provide for rent escalations and payment of real estate taxes, maintenance, insurance and certain other
operating expenses of the properties. Rent expense under all operating leases was $3.2 million , $3.3 million and $3.9 million
for the years ended
December 31, 2012 , 2011 and 2010 , respectively.
49
2012 2011
2010
Net sales:
Direct
$
124,978
$
107,061
$
96,668
Retail
63,891
68,591
67,789
Unallocated royalty income
5,057
4,760
3,993
Consolidated net sales
$
193,926
$
180,412
$
168,450
Contribution:
Direct
$
12,479
$
2,954
$
(10,778
)
Retail
7,855
9,489
11,400
Unallocated royalty income
5,057
4,760
3,994
Consolidated contribution
$
25,391
$
17,203
$
4,616
Reconciliation of consolidated contribution to income (loss)
from continuing operations:
Consolidated contribution
$
25,391
$
17,203
$
4,616
Less:
Selling and marketing
—
—
(
6
)
General and administrative
(14,752
)
(13,501
)
(14,093
)
Research and development
(49
)
(103
)
(86
)
Interest income (expense), net
73
(401
)
(140
)
Other income (expense), net
(247
)
(11
)
479
Income tax benefit (expense)
226
(686
)
(588
)
Income (loss) from continuing operations
$
10,642
$
2,501
$
(9,818
)
Assets:
Direct
$
22,349
$
23,244
$
17,345
Retail
27,843
26,331
31,084
Unallocated corporate
44,119
33,238
29,938
Total assets
$
94,311
$
82,813
$
78,367
Depreciation and amortization expense:
Direct
$
2,366
$
2,742
$
4,000
Retail
825
844
2,226
Unallocated corporate
78
229
401
Total depreciation and amortization expense
$
3,269
$
3,815
$
6,627