Aarons 2002 Annual Report Download - page 34

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32
AT DECEMBER 31, 2002
Company-Operated Sales & Lease Ownership 387
Franchised Sales & Lease Ownership 232
Rent-to-Rent 70
Sight & Sound __25
Total Stores 714
Manufacturing & Distribution Centers 21
The following table shows, for the periods indicated, the range
of high and low prices per share for the Common Stock and Class
A Common Stock and the cash dividends declared per share.
The Company’s Common Stock and Class A Common Stock
are listed on the New York Stock Exchange under the symbols
“RNT” and “RNT.A,” respectively.
The approximate number of shareholders of the Company’s
Common Stock and Class A Common Stock at March 14, 2003
was 2,600. The closing price for the Common Stock and Class A
Common Stock on March 14, 2003 was $18.51 and $19.55,
respectively.
STORE LOCATIONS IN THE UNITED STATES AND PUERTO RICO
Cash
Dividends
Common Stock High Low Per Share
DECEMBER 31, 2002
First Quarter $23.15 $14.45
Second Quarter 28.49 20.15 .02
Third Quarter 23.60 18.50
Fourth Quarter 23.20 20.10 .02
DECEMBER 31, 2001
First Quarter $17.50 $13.55
Second Quarter 19.50 15.10 .02
Third Quarter 18.97 14.90
Fourth Quarter 18.20 15.00 .02
COMMON STOCK MARKET PRICES & DIVIDENDS
Subject to our continuing to earn sufficient income, to any
future capital needs and to other contingencies, we currently
expect to continue our policy of paying dividends. Our articles of
incorporation provide that no cash dividends may be paid on our
Class A stock unless equal or higher dividends are paid on the
Common Stock. Under our revolving credit agreement, we may pay
cash dividends in any fiscal year only if the dividends do not exceed
50% of our consolidated net earnings for the prior fiscal year plus
the excess, if any, of the cash dividend limitation applicable to the
prior year over the dividends actually paid in the prior year.
Cash
Dividends
Class A Common Stock High Low Per Share
DECEMBER 31, 2002
First Quarter $22.25 $10.50
Second Quarter 27.50 21.40 .02
Third Quarter 24.60 20.60
Fourth Quarter 23.75 21.15 .02
DECEMBER 31, 2001
First Quarter $15.90 $12.13
Second Quarter 16.50 15.72 .02
Third Quarter 16.35 13.75
Fourth Quarter 15.25 12.50 .02