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Note 19 - Segment Information
 12 Months Ended
Dec. 31, 2011
Segment Reporting Disclosure [Text Block]
(19)
Segment Information

The Company’s operations are conducted through three operating segments consisting of retail, international franchising, and commercial.  The retail segment includes the operating activities of company-owned stores in the United States, Canada, the United Kingdom, Ireland, France and other retail delivery operations, including the Company’s web store, temporary stores and non-traditional store locations such as baseball ballparks.  The international franchising segment includes the licensing activities of the Company’s franchise agreements with store locations in Europe, Asia, Australia, Africa, the Middle East, Mexico and South America.  The commercial segment has been established to market the naming and branding rights of the Company’s intellectual properties for third party use.  The operating segments have discrete sources of revenue, different capital structures and different cost structures.  These operating segments represent the basis on which the Company’s chief operating decision maker regularly evaluates the business in assessing performance, determining the allocation of resources and the pursuit of future growth opportunities.  Accordingly, the Company has determined that each of its operating segments represent one reportable segment.  The reportable segments follow the same accounting policies used for the Company’s consolidated financial statements.  Following is a summary of the financial information for the Company’s reporting segments (in thousands):

               
International
       
   
Retail
   
Commercial
   
Franchising
   
Total
 
Fiscal 2011
                       
Net sales to external customers
  $ 387,041     $ 3,943     $ 3,391     $ 394,375  
Net income (loss) before income taxes
    (6,553 )     1,940       1,961       (2,652 )
Capital expenditures
    12,137       -       111       12,248  
Depreciation and amortization
    24,183       -       49       24,232  
Fiscal 2010
                               
Net sales to external customers
  $ 387,163     $ 11,246     $ 3,043     $ 401,452  
Net income (loss) before income taxes
    (6,858 )     2,827       1,559       (2,472 )
Capital expenditures
    14,490       -       159       14,649  
Depreciation and amortization
    26,482       -       494       26,976  
Fiscal 2009
                               
Net sales to external customers
  $ 388,552     $ 4,001     $ 3,353     $ 395,906  
Net income (loss) before income taxes
    (27,726 )     1,973       1,913       (23,840 )
Capital expenditures
    7,879       -       269       8,148  
Depreciation and amortization
    28,045       -       442       28,487  
                                 
Total Assets as of:
                               
December 31, 2011
  $ 229,190     $ 9,877     $ 2,504     $ 241,571  
January 1, 2011
  $ 263,193     $ 9,647     $ 2,954     $ 275,794  

The Company’s reportable segments are primarily determined by the types of products and services that they offer.  Each reportable segment may operate in many geographic areas.  Revenues are recognized in the geographic areas based on the location of the customer or franchisee.  The following schedule is a summary of the Company’s sales to external customers and long-lived assets by geographic area (in thousands):

   
North
                   
   
America (1)
   
Europe (2)
   
Other (3)
   
Total
 
Fiscal 2011
                       
Net sales to external customers
  $ 316,853     $ 75,469     $ 2,053     $ 394,375  
Property and equipment, net
    65,902       11,543       -       77,445  
Fiscal 2010
                               
Net sales to external customers
  $ 328,524     $ 70,864     $ 2,064     $ 401,452  
Property and equipment, net
    76,729       11,300       -       88,029  
Fiscal 2009
                               
Net sales to external customers
  $ 320,033     $ 74,255     $ 1,618     $ 395,906  
Property and equipment, net
    87,860       13,184       -       101,044  

For purposes of this table only:

(1)
North America includes the United States, Canada, Puerto Rico and Mexico

(2)
Europe includes the United Kingdom, Ireland, franchise businesses in Europe and, prior to 2011, Company-owned stores in France

(3)
Other includes franchise businesses outside of North America and Europe