EX-99.02 3 dex9902.htm RECONCILIATION OF RESULTS TO PREVIOUSLY REPORTED AMOUNTS Reconciliation of Results to Previously Reported Amounts
RECONCILIATION OF RESULTS TO PREVIOUSLY REPORTED AMOUNTS    EXHIBIT 99.02

 

A reconciliation of the preceding contribution to segment profit for each of our national television networks to previously reported amounts is presented below:

 

(in thousands)

2004

    1st
Quarter
     2nd
Quarter
     3rd
Quarter
     4th
Quarter
     Total
  

HGTV:

                                         

Direct contribution to segment profit

    $ 50,563     $ 62,613     $ 49,284     $ 63,174     $ 225,634  

Allocated shared expenses

      (6,821 )     (6,693 )     (7,522 )     (8,047 )     (29,083 )

Equity in earnings of joint ventures

      259       640       441       673       2,013  
    
 
 
 
 

Contribution to segment profit as previously reported

    $ 44,001     $ 56,560     $ 42,203     $ 55,800     $ 198,564  
    
 
 
 
 

Food Network:

                                         

Direct contribution to segment profit

    $ 32,855     $ 43,548     $ 36,348     $ 50,630     $ 163,381  

Allocated shared expenses

      (5,786 )     (5,794 )     (6,549 )     (6,355 )     (24,484 )

Equity in earnings of joint ventures

      14       247       97       435       793  
    
 
 
 
 

Contribution to segment profit as previously reported

    $ 27,083     $ 38,001     $ 29,896     $ 44,710     $ 139,690  
    
 
 
 
 

DIY:

                                         

Direct contribution to segment profit

    $ 1,015     $ 1,710     $ 928     $ 2,283     $ 5,936  

Allocated shared expenses

      (3,426 )     (3,523 )     (3,535 )     (3,411 )     (13,895 )
    
 
 
 
 

Contribution to segment profit (loss) as previously reported

    $ (2,411 )   $ (1,813 )   $ (2,607 )   $ (1,128 )   $ (7,959 )
    
 
 
 
 

Fine Living:

                                         

Direct contribution to segment profit (loss)

    $ (2,553 )   $ (1,808 )   $ (2,471 )   $ (2,801 )   $ (9,633 )

Allocated shared expenses

      (2,599 )     (3,274 )     (3,222 )     (2,992 )     (12,087 )

Equity in earnings (losses) of joint ventures

                      (17 )     (51 )     (68 )
    
 
 
 
 

Contribution to segment profit (loss) as previously reported

    $ (5,152 )   $ (5,082 )   $ (5,710 )   $ (5,844 )   $ (21,788 )
    
 
 
 
 

Great American Country (1):

                                         

Direct contribution to segment profit (loss)

                            $ (7 )   $ (7 )

Allocated shared expenses

                                         
                            
 

Contribution to segment profit (loss) as previously reported

                            $ (7 )   $ (7 )
                            
 
(1) Great American Country’s results reflect activity since the November 17, 2004 acquisition date.