Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

Note 18 — Segment Information

Industry Segments

The Company has two identifiable business segments. The Wholesale segment includes the design, manufacture, contract for manufacture and wholesale distribution of party goods, including paper and plastic tableware, metallic and latex balloons, accessories, novelties, costumes, other garments, gifts and stationery. The Retail segment includes the operation of company-owned retail party supply superstores in the United States and Canada, the sale of franchises on an individual store and franchise area basis throughout the United States and Puerto Rico and the Company’s e-commerce operations through its PartyCity.com website.

The Company’s industry segment data for the years ended December 31, 2011, 2010 and 2009 are as follows:

	Wholesale			Retail		Consolidated
Year Ended December 31, 2011
Revenues:
Net sales	$	940,073		$	1,267,964	$	2,208,037
Royalties and franchise fees		—			19,106		19,106
Total revenues		940,073			1,287,070		2,227,143
Eliminations		(355,168	)		—		(355,168	)
Net revenues	$	584,905		$	1,287,070	$	1,871,975
Income from operations	$	92,228		$	109,142	$	201,370
Interest expense, net							77,743
Other expense, net							1,476
Income before income taxes						$	122,151
Depreciation and amortization	$	22,274		$	37,357	$	59,631
Capital expenditures	$	13,159		$	31,324	$	44,483
Total assets	$	977,343		$	772,995	$	1,750,338
	Wholesale			Retail		Consolidated
Year Ended December 31, 2010
Revenues:
Net sales	$	769,247		$	1,108,785	$	1,878,032
Royalties and franchise fees		—			19,417		19,417
Total revenues		769,247			1,128,202		1,897,449
Eliminations		(298,355	)		—		(298,355	)
Net revenues	$	470,892		$	1,128,202	$	1,599,094
Income from operations	$	85,636		$	41,800	$	127,436
Interest expense, net							40,850
Other expense, net							4,208
Income before income taxes						$	82,378
Depreciation and amortization	$	18,979		$	30,439	$	49,418
Capital expenditures	$	12,435		$	37,188	$	49,623
Total assets	$	948,850		$	704,301	$	1,653,151

	Wholesale			Retail		Consolidated
Year Ended December 31, 2009
Revenues:
Net sales	$	633,006		$	1,055,965	$	1,688,971
Royalties and franchise fees		—			19,494		19,494
Total revenues		633,006			1,075,459		1,708,465
Eliminations		(221,647	)		—		(221,647	)
Net revenues	$	411,359		$	1,075,459	$	1,486,818
Income from operations	$	65,007		$	76,866	$	141,873
Interest expense, net							41,481
Other income, net							(32	)
Income before income taxes						$	100,424
Depreciation and amortization	$	14,652		$	29,730	$	44,382
Capital expenditures	$	9,877		$	16,318	$	26,195
Total assets	$	747,262		$	733,239	$	1,480,501

Geographic Segments

Export sales of metallic balloons, $21,344, $18,851 and $16,975 in 2011, 2010 and 2009, respectively, are included in domestic sales below. Intercompany sales between geographic areas consist of sales of finished goods for distribution in foreign markets. Intercompany sales between geographic areas are made at cost plus a share of operating profit.

The Company’s geographic area data are as follows:

	Domestic		Foreign		Eliminations			Consolidated
Year Ended December 31, 2011
Revenues:
Net sales to unaffiliated customers	$	1,619,572	$	233,297	$	—		$	1,852,869
Net sales between geographic areas		28,321		12,304		(40,625	)		—
Net sales		1,647,893		245,601		(40,625	)		1,852,869
Royalties and franchise fees		19,106		—		—			19,106
Total revenues	$	1,666,999	$	245,601	$	(40,625	)	$	1,871,975
Income from operations	$	192,490	$	8,883	$	(3	)	$	201,370
Interest expense, net									77,743
Other expense, net									1,476
Income before income taxes								$	122,151
Depreciation and amortization	$	55,487	$	4,144				$	59,631
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	$	211,602	$	18,492				$	230,094
Total assets	$	1,886,665	$	261,389	$	(397,716	)	$	1,750,338

	Domestic		Foreign		Eliminations			Consolidated
Year Ended December 31, 2010
Revenues:
Net sales to unaffiliated customers	$	1,469,533	$	110,144	$	—		$	1,579,677
Net sales between geographic areas		23,570		—		(23,570	)		—
Net sales		1,493,103		110,144		(23,570	)		1,579,677
Royalties and franchise fees		19,417		—		—			19,417
Total revenues	$	1,512,520	$	110,144	$	(23,570	)	$	1,599,094
Income from operations	$	120,058	$	6,129	$	1,249		$	127,436
Interest expense, net									40,850
Other expense, net									4,208
Income before income taxes								$	82,378
Depreciation and amortization	$	48,427	$	991				$	49,418
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	$	215,631	$	3,938				$	219,569
Total assets	$	1,645,154	$	108,646	$	(100,649	)	$	1,653,151

	Domestic		Foreign		Eliminations			Consolidated
Year Ended December 31, 2009
Revenues:
Net sales to unaffiliated customers	$	1,371,611	$	95,713	$	—		$	1,467,324
Net sales between geographic areas		24,247		—		(24,247	)		—
Net sales		1,395,858		95,713		(24,247	)		1,467,324
Royalties and franchise fees		19,494		—		—			19,494
Total revenues	$	1,415,352	$	95,713	$	(24,247	)	$	1,486,818
Income from operations	$	132,115	$	8,686	$	1,072		$	141,873
Interest expense, net									41,481
Other income, net									(32	)
Income before income taxes								$	100,424
Depreciation and amortization	$	43,496	$	886				$	44,382
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	$	203,346	$	13,072				$	216,418
Total assets	$	1,478,493	$	82,890	$	(80,882	)	$	1,480,501