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Segment Data
9 Months Ended
Sep. 29, 2018
Segment Reporting [Abstract]  
Segment Data

15.

Segment Data

The Company has four reportable segments based on an integrated geographical structure as follows: North America, Continental Europe (CE), United Kingdom, and Other. Other consists of Australia, New Zealand and emerging markets operations and franchise revenues and related costs, all of which have been grouped together as if they were a single reportable segment because they do not meet any of the quantitative thresholds and are immaterial for separate disclosure. To be consistent with the information that is presented to the chief operating decision maker, the Company does not include intercompany activity in the segment results. Information about the Company’s reportable segments is as follows:

 

 

 

Total Revenue, net

 

 

Total Revenue, net

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 29, 2018

 

 

September 30, 2017

 

 

September 29, 2018

 

 

September 30, 2017

 

North America

 

$

255,281

 

 

$

223,677

 

 

$

819,007

 

 

$

695,397

 

Continental Europe

 

 

72,394

 

 

 

60,665

 

 

 

236,518

 

 

 

179,580

 

United Kingdom

 

 

25,356

 

 

 

25,473

 

 

 

84,850

 

 

 

75,907

 

Other

 

 

12,734

 

 

 

13,872

 

 

 

43,360

 

 

 

43,538

 

Total revenue, net

 

$

365,765

 

 

$

323,687

 

 

$

1,183,735

 

 

$

994,422

 

 

 

 

Net Income

 

 

Net Income

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 29, 2018

 

 

September 30, 2017

 

 

September 29, 2018

 

 

September 30, 2017

 

Segment operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

99,513

 

 

$

76,206

 

 

$

273,905

 

 

$

189,397

 

Continental Europe

 

 

36,482

 

 

 

27,097

 

 

 

86,890

 

 

 

54,920

 

United Kingdom

 

 

5,743

 

 

 

5,968

 

 

 

15,646

 

 

 

15,213

 

Other

 

 

2,649

 

 

 

1,473

 

 

 

7,688

 

 

 

6,413

 

Total segment operating income

 

 

144,387

 

 

 

110,744

 

 

 

384,129

 

 

 

265,943

 

General corporate expenses

 

 

25,527

 

 

 

19,366

 

 

 

75,491

 

 

 

48,126

 

Interest expense

 

 

35,506

 

 

 

26,993

 

 

 

107,238

 

 

 

82,227

 

Other expense, net

 

 

881

 

 

 

125

 

 

 

1,978

 

 

 

278

 

Gain on early extinguishment of debt

 

 

0

 

 

 

0

 

 

 

0

 

 

 

(1,554

)

Provision for income taxes

 

 

12,374

 

 

 

19,593

 

 

 

19,580

 

 

 

36,457

 

Net income

 

$

70,099

 

 

$

44,667

 

 

$

179,842

 

 

$

100,409

 

Net loss attributable to the noncontrolling interest

 

 

33

 

 

 

52

 

 

 

122

 

 

 

135

 

Net income attributable to Weight Watchers

   International, Inc.

 

$

70,132

 

 

$

44,719

 

 

$

179,964

 

 

$

100,544

 

 

 

 

Depreciation and Amortization

 

 

Depreciation and Amortization

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 29, 2018

 

 

September 30, 2017

 

 

September 29, 2018

 

 

September 30, 2017

 

North America

 

$

9,102

 

 

$

9,764

 

 

$

27,744

 

 

$

29,632

 

Continental Europe

 

 

370

 

 

 

306

 

 

 

989

 

 

 

907

 

United Kingdom

 

 

383

 

 

 

259

 

 

 

1,098

 

 

 

887

 

Other

 

 

144

 

 

 

187

 

 

 

452

 

 

 

462

 

Total segment depreciation and amortization

 

 

9,999

 

 

 

10,516

 

 

 

30,283

 

 

 

31,888

 

General corporate depreciation and amortization

 

 

3,029

 

 

 

3,692

 

 

 

8,641

 

 

 

10,735

 

Depreciation and amortization

 

$

13,028

 

 

$

14,208

 

 

$

38,924

 

 

$

42,623