Business Segments (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting, Disclosure Of Entity's Reportable Segments [Abstract]

The following tables present segment information for the three and nine months ended September 30, 2013 and 2012:

	Three Months Ended September, 2013
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	73,324,000	$	13,156,000	$	-	$	86,480,000
Cost of Sales		18,120,000		3,507,000		-		21,627,000
Selling, General and Administrative Expense		44,970,000		8,434,000		1,408,000		54,812,000
Depreciation and Amortization		1,939,000		684,000		69,000		2,692,000
Interest(net) and other		(306,000)		3,000		(226,000)		(529,000)
Income before income taxes	$	8,601,000	$	528,000	$	(1,251,000)	$	7,878,000

Segment Assets	$	91,370,000	$	12,450,000	$	44,576,000	$	148,396,000

	Three Months Ended September 30, 2012
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	76,777,000	$	14,191,000	$	-	$	90,968,000
Cost of Sales		18,986,000		3,646,000		-		22,632,000
Selling, General and Administrative Expense		46,118,000		9,311,000		1,012,000		56,441,000
Depreciation and Amortization		2,068,000		841,000		58,000		2,967,000
Interest(net) and other		30,000		5,000		(86,000)		(51,000)
Income before income taxes	$	9,575,000	$	388,000	$	(984,000)	$	8,979,000

Segment Assets	$	82,402,000	$	17,362,000	$	28,536,000	$	128,300,000

	Nine Months Ended September, 2013
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	238,625,000	$	40,970,000	$	-	$	279,595,000
Cost of Sales		58,790,000		10,613,000		-		69,403,000
Selling, General and Administrative Expense		145,028,000		26,058,000		4,626,000		175,712,000
Depreciation and Amortization		5,583,000		2,135,000		194,000		7,912,000
Interest(net) and other		(228,000)		7,000		(677,000)		(898,000)
Income before income taxes	$	29,452,000	$	2,157,000	$	(4,143,000)	$	27,466,000

Segment Assets	$	91,370,000	$	12,450,000	$	44,576,000	$	148,396,000

	Nine Months Ended September 30, 2012
	Medifast		MWCC & Wholesale		Other		Consolidated

Revenues	$	230,550,000	$	42,914,000	$	-	$	273,464,000
Cost of Sales		57,694,000		10,539,000		-		68,233,000
Selling, General and Administrative Expense		138,140,000		31,426,000		7,783,000		177,349,000
Depreciation and Amortization		5,955,000		2,071,000		193,000		8,219,000
Interest(net) and other		76,000		14,000		(1,241,000)		(1,151,000)
Income before income taxes	$	28,685,000	$	(1,136,000)	$	(6,735,000)	$	20,814,000

Segment Assets	$	82,402,000	$	17,362,000	$	28,536,000	$	128,300,000

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details