The California
operating segment sold a 22,700 square foot commercial property at Playa Vista in Los Angeles, California for a gain of $ 1 million.
The Canadian
operating segment sold a 128,000 square foot commercial property at Seton in Calgary, Alberta for a gain of $ 32 million.
Not exact matches
Segment operating income excludes unrealized gains and losses on hedging activities (which are a component of cost of sales), general corporate expenses (which are a component of
selling, general and administrative expenses), amortization of intangibles, gains and losses on divestitures and acquisition - related costs, in all periods presented.
The second highlights different revenue and gross margin sources (for example, separating between recurring and non-recurring and / or different products or market
segments), and the third the P&L cost items (cost of goods
sold, and each of the main
operating expenses line items).
Segment operating earnings decreased 9 percent to $ 282 million driven primarily by a lower gross margin percentage and lower sales volume, partly offset by lower marketing and
selling expenses.
There was a third
operating business, the only one that was profitable; the non-woven wallpaper
segment (the Dresden mill) was
sold in the second quarter of this year to fund the expansion into the DP business.
In addition they have recently
sold off the smaller of their two
operating segments, BookRags, and monetized their headquarters building.
Whilst gross profit for its gaming
segment increased due to higher revenues from self - developed titles,
operating expenses were considerably higher due to increased
selling and marketing expenses, R&D investments, higher staff - related costs, as well as increased
operating expenses related to NetEase's e-commerce businesses.
The Games & Network Services (G&NS)
Segment reported a major increase in
operating profit from the previous year and the PS4 was quickly becoming the fastest
selling console with currently 22.3 million units
sold globally.
The Game Software
segment saw revenues decrease by 10 % to ¥ 8.873 m,
Operating profit also saw a higher drop of 31.6 % to 1,611 m. Total software
sell in exceeded 2.1 million units worldwide which is down 27.5 % compared to the year prior.
The increase was due to increased average home
selling prices resulting from improved market conditions leading to price escalation, the mix of product
sold across all
operating segments and marginally higher home closings.
The increase was due to increased average home
selling prices resulting from both improved market conditions leading to price escalation and the mix of product
sold across all
operating segments.