Nautilus 2015 Annual Report Download - page 25
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Please find page 25 of the 2015 Nautilus 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.Results of operations information by segment was as follows (in thousands):
Year Ended December 31,
2015 2014 Change % Change
Net sales:
Direct $ 225,595 $ 175,593 $ 50,002 28.5 %
Retail 106,195 93,223 12,972 13.9 %
Royalty income 3,974 5,631 (1,657) (29.4)%
$ 335,764 $ 274,447 $ 61,317 22.3 %
Cost of sales:
Direct $ 83,238
$ 64,362
$ 18,876
29.3 %
Retail 79,292
69,510
9,782
14.1 %
Royalty income —
—
—
$ 162,530
$ 133,872
$ 28,658
21.4 %
Gross profit:
Direct $ 142,357 $ 111,231 $ 31,126 28.0 %
Retail 26,903 23,713 3,190 13.5 %
Royalty income 3,974 5,631 (1,657) (29.4)%
$ 173,234 $ 140,575 $ 32,659 23.2 %
Gross margin:
Direct 63.1% 63.3% (20) basis points
Retail 25.3% 25.4% (10) basis points
Year Ended December 31,
2014 2013 Change % Change
Net sales:
Direct $ 175,593 $ 136,663 $ 38,930 28.5%
Retail 93,223 76,775 16,448 21.4%
Royalty income 5,631 5,365 266 5.0%
$ 274,447 $ 218,803 $ 55,644 25.4%
Cost of sales:
Direct $ 64,362
$ 55,008
$ 9,354
17.0%
Retail 69,510
57,318
12,192
21.3%
Royalty income —
—
—
$ 133,872
$ 112,326
$ 21,546
19.2%
Gross profit:
Direct $ 111,231 $ 81,655 $ 29,576 36.2%
Retail 23,713 19,457 4,256 21.9%
Royalty income 5,631 5,365 266 5.0%
$ 140,575 $ 106,477 $ 34,098 32.0%
Gross margin:
Direct 63.3% 59.7% 360 basis points
Retail 25.4% 25.3% 10 basis points
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