Note 7 - Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(7) 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, the 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 and other services and certain of our products. Amounts included in "Other" include various corporate items such as unallocated overhead and intercompany transactions.

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
Revenues:
Spa Operations	$	105,930		$	121,265		$	231,764		$	251,668
Products		53,685			45,207			95,886			87,589
Schools		19,050			19,320			38,714			39,180
Laser Hair Removal		39,074			33,067			77,888			64,759
Other		(8,476	)		(11,206	)		(18,253	)		(23,529	)
Total	$	209,263		$	207,653		$	425,999		$	419,667
Income from Operations:
Spa Operations	$	8,128		$	9,217		$	18,275		$	21,079
Products		3,775			4,074			6,195			7,840
Schools		(235	)		656			(351	)		1,778
Laser Hair Removal		(1,544	)		793			(2,653	)		4,507
Other		209			199			(1,572	)		(4,491	)
Total	$	10,333		$	14,939		$	19,894		$	30,713

	June 30,			December 31,
	2014			2013
Identifiable Assets:
Spa Operations	$	198,794		$	212,176
Products		201,482			192,669
Schools		113,790			129,517
Laser Hair Removal		323,058			316,372
Other		(85,550	)		(74,421	)
Total	$	751,574		$	776,313

Included in Spa Operations, Products, Schools and Laser Hair Removal is goodwill of $51.0 million, $23.7 million, $58.4 million and $195.1 million, respectively, as of June 30, 2014 and December 31, 2013.

Products segment revenues excluding intercompany transactions was $35.1 million and $33.4 million for the three months ended June 30, 2014 and 2013, respectively, and $67.1 million and $63.4 million for the six months ended June 30, 2014 and 2013, respectively.