Aarons 2007 Annual Report Download - page 31

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29
Consolidated Balance Sheets
December 31, December 31,
(In Thousands, Except Share Data) 2007 2006
ASSETS
Cash $ 5,249 $ 8,807
Accounts Receivable (net of allowances of $4,014
in 2007 and $3,037 in 2006) 52,025 43,495
Rental Merchandise 993,423 925,534
Less: Accumulated Depreciation (369,971) (313,385)
623,452 612,149
Property, Plant and Equipment, Net 247,038 170,294
Goodwill, Net 143,282 112,047
Other Intangibles, Net 4,814 3,389
Prepaid Expenses and Other Assets 37,316 29,425
Total Assets $1,113,176 $979,606
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts Payable and Accrued Expenses $ 141,030 $121,018
Dividends Payable 869 811
Deferred Income Taxes Payable 82,293 93,687
Customer Deposits and Advance Payments 29,772 27,101
Credit Facilities 185,832 129,974
Total Liabilities 439,796 372,591
Commitments and Contingencies
Shareholders’ Equity:
Common Stock, Par Value $.50 Per Share; Authorized:
100,000,000 Shares; Shares Issued: 48,439,602
at December 31, 2007 and 2006 24,220 24,220
Class A Common Stock, Par Value $.50 Per Share;
Authorized: 25,000,000 Shares; Shares Issued:
12,063,856 at December 31, 2007 and 2006 6,032 6,032
Additional Paid-In Capital 188,575 183,966
Retained Earnings 499,109 424,991
Accumulated Other Comprehensive Loss (82) —
717,854 639,209
Less: Treasury Shares at Cost,
Common Stock, 3,147,360 and 2,696,781 Shares at
December 31, 2007 and 2006, respectively (26,946) (16,290)
Class A Common Stock, 3,748,860 and 3,667,623
Shares at December 31, 2007 and 2006, respectively (17,528) (15,904)
Total Shareholders’ Equity 673,380 607,015
Total Liabilities and Shareholders’ Equity $1,113,176 $979,606
The accompanying notes are an integral part of the Consolidated Financial Statements.