Business Segments (Tables)

9 Months Ended

Sep. 30, 2014

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

The following tables present segment information for the three and nine months ended September 30, 2014 and 2013:

	Three Months Ended September 30, 2014
			MWCC &
	Medifast		Wholesale		Other		Consolidated

Revenues	$	63,344,000	$	10,648,000	$	-	$	73,992,000
Cost of Sales		15,865,000		3,211,000		-		19,076,000
Selling, General and Administrative Expense		37,528,000		6,258,000		2,935,000		46,721,000
Depreciation and Amortization		1,853,000		347,000		56,000		2,256,000
Interest(net) and other		12,000		12,000		(930,000)		(906,000)
Income before income taxes	$	8,086,000	$	820,000	$	(2,061,000)	$	6,845,000

Segment Assets	$	68,724,000	$	9,887,000	$	36,728,000	$	115,339,000

	Three Months Ended September 30, 2013
			MWCC &
	Medifast		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

	Nine Months Ended September 30, 2014
			MWCC &
	Medifast		Wholesale		Other		Consolidated

Revenues	$	206,706,000	$	34,698,000	$	-	$	241,404,000
Cost of Sales		51,797,000		10,397,000		-		62,194,000
Selling, General and Administrative Expense		120,552,000		23,116,000		6,163,000		149,831,000
Depreciation and Amortization		5,808,000		1,357,000		167,000		7,332,000
Interest(net) and other		39,000		(1,018,000)		(1,510,000)		(2,489,000)
Income before income taxes	$	28,510,000	$	846,000	$	(4,820,000)	$	24,536,000

Segment Assets	$	68,724,000	$	9,887,000	$	36,728,000	$	115,339,000

	Nine Months Ended September 30, 2013
			MWCC &
	Medifast		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

- 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