Aarons 2000 Annual Report Download - page 27

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Notes to Consolidated
Financial Statements
Information on segments and a reconciliation to earnings before income taxes are as follows:
Years Ended December 31,
(In Thousands) 2000 1999 1998
Revenues From External Customers:
Sales & Lease Ownership $312,921 $252,284 $193,283
Rent-to-Rent 174,918 173,579 173,657
Franchise 12,621 9,079 7,209
Other 4,057 1,551 5,470
Manufacturing 54,340 54,550 52,628
Elimination of Intersegment Revenues (54,807) (53,941) (52,067)
Cash to Accrual Adjustments (1,130) 257 (521)
Total Revenues From External Customers $502,920 $437,359 $379,659
Earnings Before Income Taxes:
Sales & Lease Ownership $ 19,527 $ 20,630 $ 11,668
Rent-to-Rent 16,346 14,369 19,565
Franchise 7,484 5,042 3,607
Other (943) (1,072) (744)
Manufacturing 728 717 1,068
Earnings Before Income Taxes For Reportable Segments 43,142 39,686 35,164
Elimination of Intersegment Profit (441) (357) (901)
Cash to Accrual Adjustments (804) 855 (344)
Other Allocations & Adjustments 2,009 1,118 1,272
Total Earnings Before Income Taxes $ 43,906 $ 41,302 $ 35,191
Assets:
Sales & Lease Ownership $205,043 $139,177 $103,930
Rent-to-Rent 128,163 138,349 138,734
Franchise 12,961 10,755 5,415
Other 17,485 16,097 9,286
Manufacturing 16,727 14,030 14,809
Total Assets $380,379 $318,408 $272,174
Depreciation & Amortization:
Sales & Lease Ownership $ 97,139 $ 78,385 $ 67,401
Rent-to-Rent 34,557 32,946 29,327
Franchise 412 347 276
Other 354 492 562
Manufacturing 647 576 524
Total Depreciation & Amortization $133,109 $112,746 $ 98,090
Interest Expense:
Sales & Lease Ownership $ 2,750 $ 1,702 $ 2,826
Rent-to-Rent 2,496 2,317 1,698
Franchise 144 117 48
Other 235 (31) (1,011)
Manufacturing 406
Elimination of Intersegment Allocations (406)
Total Interest Expense $ 5,625 $ 4,105 $ 3,561