QVC Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

9 Months Ended

Sep. 30, 2011

Adjusted EBITDA To Operating Income (Loss) And Consolidated Net Income

		00000000			00000000			00000000			00000000			00000000			00000000
	Three Months Ended September 30, 2011									Three Months Ended September 30, 2010
	HSN			Cornerstone			Total			HSN			Cornerstone			Total
Adjusted EBITDA	$	51,803		$	11,280		$	63,083		$	43,122		$	5,855		$	48,977
Stock-based compensation expense		(2,792	)		(3,317	)		(6,109	)		(4,057	)		(1,696	)		(5,753	)
Depreciation and amortization of intangible assets		(6,614	)		(2,120	)		(8,734	)		(7,601	)		(2,106	)		(9,707	)
Loss on disposition of fixed assets		(1,043	)		—			(1,043	)		(720	)		—			(720	)

Operating income	$	41,354		$	5,843			47,197		$	30,744		$	2,053			32,797

Other expense, net								(7,925	)								(8,098	)

Income before income taxes								39,272									24,699
Income tax provision								(14,968	)								(9,821	)

Net income							$	24,304								$	14,878

		00000000			00000000			00000000			00000000			00000000			00000000
	Nine Months Ended September 30, 2011									Nine Months Ended September 30, 2010
	HSN			Cornerstone			Total			HSN			Cornerstone			Total
Adjusted EBITDA	$	155,624		$	40,788		$	196,412		$	138,498		$	25,824		$	164,322
Stock-based compensation expense		(10,750	)		(8,642	)		(19,392	)		(10,098	)		(4,965	)		(15,063	)
Depreciation and amortization of intangible assets		(20,788	)		(6,551	)		(27,339	)		(22,749	)		(6,659	)		(29,408	)
Loss on disposition of fixed assets		(1,148	)		(200	)		(1,348	)		(1,148	)		(60	)		(1,208	)

Operating income	$	122,938		$	25,395			148,333		$	104,503		$	14,140			118,643

Other expense, net								(23,699	)								(24,469	)

Income before income taxes								124,634									94,174
Income tax provision								(48,083	)								(36,938	)

Net income							$	76,551								$	57,236

Net Sales Of Reportable Segments


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
Net sales:
HSN	$	513,013	$	493,743	$	1,521,181	$	1,479,073
Cornerstone		238,224		214,616		700,977		602,491

Total	$	751,237	$	708,359	$	2,222,158	$	2,081,564

- 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