Exhibit 99.2
Operating Segment Information
Reclassification of Fiscal 2006 quarterly amounts for new segments as of the fourth quarter of Fiscal 2006 and discontinued operations presentation of our South African business unit.
| | | | | | | | | | | | | | | | | | | | |
| | Fiscal 2006 | | | Year Ended February 28, 2006 | |
(In thousands of dollars) | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | |
Net Sales: | | | | | | | | | | | | | | | | | | | | |
North American Social Expression Products | | $ | 304,908 | | | $ | 267,660 | | | $ | 417,642 | | | $ | 328,682 | | | $ | 1,318,892 | |
Intersegment items | | | (11,675 | ) | | | (13,879 | ) | | | (19,395 | ) | | | (11,670 | ) | | | (56,619 | ) |
Exchange rate adjustment | | | 1,634 | | | | 1,450 | | | | 3,148 | | | | 3,156 | | | | 9,388 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 294,867 | | | | 255,231 | | | | 401,395 | | | | 320,168 | | | | 1,271,661 | |
| | | | | |
International Social Expression Products | | | 60,069 | | | | 61,965 | | | | 82,235 | | | | 72,136 | | | | 276,405 | |
Exchange rate adjustment | | | 2,776 | | | | (362 | ) | | | (799 | ) | | | (2,188 | ) | | | (573 | ) |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 62,845 | | | | 61,603 | | | | 81,436 | | | | 69,948 | | | | 275,832 | |
| | | | | |
Retail Operations | | | 42,860 | | | | 39,085 | | | | 41,556 | | | | 83,264 | | | | 206,765 | |
Exchange rate adjustment | | | 1,382 | | | | 1,557 | | | | 2,336 | | | | 4,276 | | | | 9,551 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 44,242 | | | | 40,642 | | | | 43,892 | | | | 87,540 | | | | 216,316 | |
| | | | | |
AG Interactive | | | 28,047 | | | | 19,583 | | | | 20,271 | | | | 21,715 | | | | 89,616 | |
Exchange rate adjustment | | | 214 | | | | (98 | ) | | | (79 | ) | | | (84 | ) | | | (47 | ) |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 28,261 | | | | 19,485 | | | | 20,192 | | | | 21,631 | | | | 89,569 | |
| | | | | |
Non-reportable segments | | | 8,206 | | | | 6,936 | | | | 4,297 | | | | 9,438 | | | | 28,877 | |
| | | | | |
Unallocated | | | 1,048 | | | | 1,068 | | | | 779 | | | | 551 | | | | 3,446 | |
Exchange rate adjustment | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 1,048 | | | | 1,068 | | | | 779 | | | | 551 | | | | 3,446 | |
| | | | | | | | | | | | | | | | | | | | |
| | $ | 439,469 | | | $ | 384,965 | | | $ | 551,991 | | | $ | 509,276 | | | $ | 1,885,701 | |
| | | | | | | | | | | | | | | | | | | | |
Segment Earnings (Loss): | | | | | | | | | | | | | | | | | | | | |
North American Social Expression Products | | $ | 79,470 | | | $ | 44,653 | | | $ | 96,704 | | | $ | 73,568 | | | $ | 294,395 | |
Intersegment items | | | (8,535 | ) | | | (10,162 | ) | | | (13,617 | ) | | | (8,415 | ) | | | (40,729 | ) |
Exchange rate adjustment | | | 687 | | | | 576 | | | | 1,275 | | | | 1,167 | | | | 3,705 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 71,622 | | | | 35,067 | | | | 84,362 | | | | 66,320 | | | | 257,371 | |
| | | | | |
International Social Expression Products | | | 2,271 | | | | 2,827 | | | | (16,406 | ) | | | 119 | | | | (11,189 | ) |
Exchange rate adjustment | | | 91 | | | | 6 | | | | (2,448 | ) | | | 101 | | | | (2,250 | ) |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 2,362 | | | | 2,833 | | | | (18,854 | ) | | | 220 | | | | (13,439 | ) |
| | | | | |
Retail Operations | | | (6,238 | ) | | | (11,049 | ) | | | (25,068 | ) | | | 9,135 | | | | (33,220 | ) |
Exchange rate adjustment | | | (42 | ) | | | (133 | ) | | | 95 | | | | 778 | | | | 698 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | (6,280 | ) | | | (11,182 | ) | | | (24,973 | ) | | | 9,913 | | | | (32,522 | ) |
| | | | | |
AG Interactive | | | 330 | | | | 485 | | | | 1,456 | | | | 1,966 | | | | 4,237 | |
Exchange rate adjustment | | | (95 | ) | | | 41 | | | | 33 | | | | 48 | | | | 27 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | 235 | | | | 526 | | | | 1,489 | | | | 2,014 | | | | 4,264 | |
| | | | | |
Non-reportable segments | | | 4,132 | | | | 3,826 | | | | 4,044 | | | | 12,144 | | | | 24,146 | |
| | | | | |
Unallocated | | | (28,581 | ) | | | (22,418 | ) | | | (22,692 | ) | | | (27,212 | ) | | | (100,903 | ) |
Exchange rate adjustment | | | 94 | | | | 206 | | | | 60 | | | | (342 | ) | | | 18 | |
| | | | | | | | | | | | | | | | | | | | |
Net | | | (28,487 | ) | | | (22,212 | ) | | | (22,632 | ) | | | (27,554 | ) | | | (100,885 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | $ | 43,584 | | | $ | 8,858 | | | $ | 23,436 | | | $ | 63,057 | | | $ | 138,935 | |
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