Papa Johns 2006 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2006 Papa Johns 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 100

  • 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
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

86
22. Segment Information (continued)
Our segment information is as follows:
(in thousands) 2006 2005 2004
Revenues from external customers:
Domestic Company-owned restaurants 447,938$ 434,525$ 412,676$
Domestic commissaries 413,075 398,372 376,642
Domestic franchising 58,971 55,315 52,767
International 23,209 18,389 15,757
Variable interest entities (1) 7,859 11,713 14,387
All others 50,505 50,474 53,117
Total revenues from external customers
1,001,557
$
968,788
$
925,346
$
Intersegment revenues:
Domestic commissaries 113,412$ 119,577$ 116,942$
Domestic franchising 1,297 1,216 859
International 748 239 202
Variable interest entities (1) 144,123 151,903 138,202
All others 13,840 11,232 11,718
Total intersegment revenues
273,420
$
284,167
$
267,923
$
Depreciation and amortization:
Domestic restaurants 12,111$ 13,077$ 14,337$
Domestic commissaries 5,322 5,763 6,432
International 1,596 1,163 1,152
Variable interest entities 142 78 549
All others 1,811 1,367 1,425
Unallocated corporate expenses 6,226 7,302 7,264
Total depreciation and amortization
27,208
$
28,750
$
31,159
$
Income (loss) from continuing operations before income taxes
Domestic Company-owned restaurants (2) 33,176$ 25,284$ 5,069$
Domestic commissaries (3) 34,690 25,446 19,797
Domestic franchising 51,543 49,821 46,076
International (4) (8,874) (5,006) (4,309)
Variable interest entities (5) 18,987 4,472 (23,459)
All others 5,628 4,298 2,620
Unallocated corporate expenses (6) (37,523) (34,172) (14,035)
Elimination of intersegment losses (profits) (1,470) (511) 299
Total income from continuing operations before income taxes
96,157
$
69,632
$
32,058
$