Aarons 2011 Annual Report Download - page 25

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CONSOLIDATED BALANCE SHEETS
December 31, December 31,
(In Thousands, Except Share Data) 2011 2010
ASSETS:
Cash and Cash Equivalents $ 176,257 $ 72,022
Investment Securities 98,132 —
Accounts Receivable (net of allowances of
$4,768 in 2011 and $4,544 in 2010) 87,471 69,662
Lease Merchandise 1,363,903 1,280,457
Less: Accumulated Depreciation (501,627) (465,973)
862,276 814,484
Property, Plant and Equipment, Net 226,619 204,912
Goodwill, Net 219,342 202,379
Other Intangibles, Net 6,066 3,832
Prepaid Expenses and Other Assets 49,101 122,932
Assets Held for Sale 9,885 11,849
Total Assets $1,735,149 $1,502,072
LIABILITIES & SHAREHOLDERS’ EQUITY:
Accounts Payable and Accrued Expenses $ 231,553 $ 211,462
Accrued Litigation Expense 41,720 1,677
Deferred Income Taxes Payable 286,962 227,513
Customer Deposits and Advance Payments 44,571 40,213
Credit Facilities 153,789 41,790
Total Liabilities 758,595 522,655
Shareholders’ Equity:
Common Stock, Par Value $.50 Per Share;
Authorized: 225,000,000 Shares at
December 31, 2011 and 2010
Shares Issued: 90,752,123 at
December 31, 2011 and 2010 45,376 45,376
Additional Paid-in Capital 212,311 201,752
Retained Earnings 918,699 809,084
Accumulated Other Comprehensive Income 274 846
1,176,660 1,057,058
Less: Treasury Shares at Cost,
Common Stock, 15,111,635 and 10,664,728 Shares
at December 31, 2011 and 2010, respectively (200,106) (77,641)
Total Shareholders’ Equity 976,554 979,417
Total Liabilities & Shareholders’ Equity $1,735,149 $1,502,072
The accompanying notes are an integral part of the Consolidated Financial Statements.
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