Segments

9 Months Ended

Sep. 30, 2016

Segments [Abstract]

SEGMENTS

NOTE 11 SEGMENTS

The Company reports financial and operating information in the following two segments:

(a)  Wholesale segment

(b)  Retail segment

The Company also provides general corporate services to its segments and these costs are reported as “corporate and others”:

	Wholesale segment		Retail segment			Total
	(In thousands of U.S. Dollars)
Nine months ended September 30, 2016
Segment profit or loss:
Net revenue from external customers	$	139,231		143,064			282,295
Income (Loss) from operations	$	5,959		(892	)		5,067
Interest income	$	807		47			854
Interest expense	$	1,170		341			1,511
Depreciation and amortization	$	758		4,579			5,337
Income tax expense	$	1,425		960			2,385
Nine months ended September 30, 2015
Segment profit or loss:
Net revenue from external customers	$	134,386		157,845			292,231
Income from operations	$	6,469		5,638			12,107
Interest income	$	691		60			751
Interest expense	$	1,560		504			2,064
Depreciation and amortization	$	849		5,977			6,826
Income tax expense	$	1,448		1,822			3,270

	Wholesale segment		Retail segment			Total
	(In thousands of U.S. Dollars)
Three months ended September 30, 2016
Segment profit or loss:
Net revenue from external customers	$	68,873		41,053			109,926
Income (Loss) from operations	$	2,510		(1,280	)		1,230
Interest income	$	217		16			233
Interest expense	$	468		112			580
Depreciation and amortization	$	254		1,753			2,007
Income tax expense	$	584		140			724
Three months ended September 30, 2015
Segment profit or loss:
Net revenue from external customers	$	71,320		47,281			118,601
Income from operations	$	2,884		925			3,809
Interest income	$	190		22			212
Interest expense	$	443		129			572
Depreciation and amortization	$	252		1,895			2,147
Income tax expense	$	577		489			1,066