Note 7 - Segment Information

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
	2014			2013			2014			2013
Revenues:
Spa Operations	$	110,613		$	126,489		$	342,377		$	378,157
Products		62,547			46,349			158,433			133,938
Schools		19,906			20,204			58,620			59,384
Laser Hair Removal		36,986			31,564			114,874			96,323
Other		(10,375	)		(9,775	)		(28,628	)		(33,304	)
Total	$	219,677		$	214,831		$	645,676		$	634,498
Income (loss) from Operations:
Spa Operations	$	10,158		$	11,428		$	28,433		$	32,507
Products		7,692			6,254			13,887			14,094
Schools		(44	)		763			(395	)		2,541
Laser Hair Removal		(2,476	)		(4,274	)		(5,129	)		233
Other		(557	)		86			(2,129	)		(4,405	)
Total	$	14,773		$	14,257		$	34,667		$	44,970

	September 30,			December 31,
	2014			2013
Identifiable Assets:
Spa Operations	$	189,845		$	212,176
Products		210,286			192,669
Schools		119,839			129,517
Laser Hair Removal		323,501			316,372
Other		(92,505	)		(74,421	)
Total	$	750,966		$	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 September 30, 2014 and December 31, 2013.

Products segment revenues excluding intercompany transactions was $41.8 million and $35.9 million for the three months ended September 30, 2014 and 2013, respectively, and $108.8 million and $99.3 million for the nine months ended September 30, 2014 and 2013, respectively.