Note 12 - Segment Information

12 Months Ended

Dec. 31, 2012

Segment Reporting Disclosure [Text Block]

(12)       SEGMENT INFORMATION:

Our Maritime and Land-Based Spas operating segments are aggregated into a reportable segment based upon similar economic characteristics, products, services, customers and delivery methods.  Additionally, our operating segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the chief executive officer in determining how to allocate the Company's resources and evaluate performance.

We operate in four reportable segments:  (1) Spa Operations, which sells spa services and beauty products onboard cruise ships, on land at hotels and at day spas; (2) Products, which sells a variety of high quality beauty products to third parties through channels other than those above; (3) Schools, which offers programs in massage therapy and skin care; and (4) Laser Hair Removal, which sells laser hair removal services.  Amounts included in "Other" include various corporate items such as unallocated overhead and intercompany transactions.

Information about our segments is as follows (in thousands):

	Revenues			Income from Operations			Depreciation and Amortization		Capital Expenditures		Total Assets
2012
Spa Operations	$	507,326		$	42,477		$	10,926	$	2,977	$	210,757
Products		164,714			17,548			1,807		2,213		178,108
Schools		78,365			3,843			1,071		1,563		131,355
Laser Hair Removal		93,591			7,728			3,866		15,408		286,170
Other		(32,515	)		(5,824	)		1,820		7,622		(58,808	)
	$	811,481		$	65,772		$	19,490	$	29,783	$	747,582
2011
Spa Operations	$	497,532		$	40,903		$	10,870	$	7,603	$	221,524
Products		154,779			10,176			1,703		2,878		176,703
Schools		67,527			11,152			990		486		131,179
Laser Hair Removal		12,104			1,739			516		1,756		263,429
Other		(30,310	)		(4,257	)		1,718		837		(80,406	)
	$	701,632		$	59,713		$	15,797	$	13,560	$	712,429
2010
Spa Operations	$	445,164		$	31,335		$	10,062	$	4,971	$	213,090
Products		133,072			10,187			1,815		1,045		160,014
Schools		66,630			15,963			1,054		622		93,164
Other		(24,481	)		(2,632	)		1,860		384		(65,373	)
	$	620,385		$	54,853		$	14,791	$	7,022	$	400,895

Included in Spa Operations, Products, Laser Hair Removal and Schools is goodwill of $51.0 million, $23.7 million, $195.1 million and $58.4 million, respectively, as of December 31, 2012 and December 31, 2011.

Products segment revenues excluding intercompany transactions was $129.9 million, $122.3 million and $110.0 million for the years ended December 2012, 2011 and 2010, respectively.