Segment Reporting

9 Months Ended

May 06, 2012

Segment Reporting

Note 10—Segment Reporting

The Company and its subsidiaries are principally engaged in the operation of membership warehouses in the United States, Canada, the United Kingdom, Japan, Australia, through majority-owned subsidiaries in Taiwan and Korea, and its Mexico joint venture. The Company’s reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which considers geographic locations. The material accounting policies of the segments are the same as described in the notes to the consolidated financial statements included in the Company’s annual report filed on Form 10-K for the fiscal year ended August 28, 2011, after considering newly adopted accounting pronouncements described elsewhere herein. All material inter-segment net sales and expenses have been eliminated in computing total revenue and operating income. Certain home office operating expenses are incurred on behalf of the Company’s Canadian and Other International Operations, but are included in the United States Operations because those costs are not allocated internally and generally come under the responsibility of the Company’s United States management team.

	United States Operations		Canadian Operations		Other International Operations		Total
Twelve Weeks Ended May 6, 2012
Total revenue	$	16,203	$	3,474	$	2,647	$	22,324
Operating income		356		157		110		623
Depreciation and amortization		150		25		27		202
Additions to property and equipment		196		23		49		268
Twelve Weeks Ended May 8, 2011
Total revenue	$	15,172	$	3,169	$	2,282	$	20,623
Operating income		310		143		103		556
Depreciation and amortization		145		28		23		196
Additions to property and equipment		192		24		62		278
Thirty-six Weeks Ended May 6, 2012
Total revenue	$	48,428	$	10,477	$	8,014	$	66,919
Operating income		1,046		436		328		1,810
Depreciation and amortization		460		79		77		616
Additions to property and equipment		628		110		162		900
Property and equipment, net		9,012		1,631		1,953		12,596
Total assets		19,121		4,065		4,650		27,836
Thirty-six Weeks Ended May 8, 2011
Total revenue	$	44,424	$	9,426	$	6,887	$	60,737
Operating income		934		419		324		1,677
Depreciation and amortization		435		80		67		582
Additions to property and equipment		613		86		119		818
Property and equipment, net		8,812		1,635		1,853		12,300
Total assets		19,157		3,712		4,105		26,974
Year Ended August 28, 2011
Total revenue	$	64,904	$	14,020	$	9,991	$	88,915
Operating income		1,395		621		423		2,439
Depreciation and amortization		640		117		98		855
Additions to property and equipment		876		144		270		1,290
Property and equipment, net		8,870		1,608		1,954		12,432
Total assets		18,558		3,741		4,462		26,761