Papa Johns 2004 Annual Report Download - page 67

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66
21. Segment Information (continued)
Our segment information is as follows:
(in thousands) 2004 2003 2002
Revenues from external customers:
Domestic Company-owned restaurants 412,676$ 416,049$ 429,813$
Domestic commissaries 376,642 369,825 381,217
Domestic franchising 52,767 51,326 53,120
International 32,837 31,637 32,014
Variable interest entities (1) 14,387 - -
All others 53,117 48,541 50,055
Total revenues from external customers
942,426
$
917,378
$
946,219
$
Intersegment revenues:
Domestic commissaries 116,942$ 115,608$ 121,692$
Domestic franchising 859 733 683
International 202 2,368 2,713
Variable interest entities (1) 138,202 - -
All others 11,718 14,070 17,257
Total intersegment revenues
267,923
$
132,779
$
142,345
$
Depreciation and amortization:
Domestic restaurants 14,337$ 15,298$ 15,720$
Domestic commissaries 6,432 5,967 6,311
International 1,152 1,043 698
Variable interest entities (1) 549 - -
All others 1,425 1,475 1,428
Unallocated corporate expenses 7,264 7,276 7,584
Total depreciation and amortization
31,159
$
31,059
$
31,741
$
Income (loss) before income taxes and the cumulative
effect of a change in accounting principle:
Domestic Company-owned restaurants (2) (3) 5,069$ (6,335)$ 20,577$
Domestic commissaries (4) 19,797 22,382 22,294
Domestic franchising 46,076 47,725 50,741
International 786 (59) 867
Variable interest entities (1) (23,459) - -
All others (5) 2,620 (1,866) 3,819
Unallocated corporate expenses (2) (6) (14,035) (7,256) (23,326)
Elimination of intersegment losses (profits) 299 (230) (96)
Total income before income taxes and the cumulative
effect of a change in accounting principle
37,153
$
54,361
$
74,876
$
Property and equipment:
Domestic Company-owned restaurants 144,876$ 154,575$ 156,144$
Domestic commissaries 77,176 68,089 68,071
International 2,801 3,227 3,562
Variable interest entities (7) 6,693 - -
All others 11,880 11,949 12,513
Unallocated corporate assets 116,806 114,913 110,527
Accumulated depreciation and amortization (163,129) (148,935) (127,218)
Net property and equipment
197,103
$
203,818
$
223,599
$
Expenditures for property and equipment:
Domestic restaurants 6,611$ 10,500$ 11,470$
Domestic commissaries 9,197 617 2,461
International 172 668 281
All others 395 956 1,356
Unallocated corporate 4,575 3,574 3,238
Total expenditures for property and equipment
20,950
$
16,315
$
18,806
$