CarMax 2004 Annual Report Download - page 18

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16
CARMAX 2004
(Dollars in millions except per share data)
FY04 FY03 FY02 FY01 FY00 FY99 FY98 FY97 FY96 FY95
Net sales and
operating revenues $4,597.7 $3,969.9 $3,533.8 $2,758.5 $2,201.2 $1,607.3 $950.7 $566.7 $327.1 $ 93.5
Net earnings (loss) $ 116.5 $ 94.8 $ 90.8 $ 45.6 $ 1.1 $ (23.5) $ (34.2) $ (9.3) $ (5.2) $ (4.1)
Net earnings (loss) per share:
Basic $ 1.13 $ 0.92 $ 0.89 $ 0.45 $ 0.01 $ (0.24) $ (0.35) $ (0.10) N/A N/A
Diluted $ 1.10 $ 0.91 $ 0.87 $ 0.44 $ 0.01 $ (0.24) $ (0.35) $ (0.10) N/A N/A
Total assets $1,037.0 $ 917.6 $ 720.2 $ 711.0 $ 675.5 $ 571.2 $448.3 $427.2 $102.6 $114.3
Long-term debt, excluding
current installments $ 100.0 $ 100.0 $ — $ 83.1 $ 121.3 $ 139.7 $ 27.4 $ — $ 78.5 $111.6
Used units sold 224,099 190,135 164,062 132,868 111,247 96,915 56,594 31,701 19,618 5,574
New units sold 21,641 22,360 24,164 20,157 17,775 6,152 4,265 2,799 — —
Comparable store
used unit growth (%) 68 24 13 (8) (5) 6 7 12 19
Comparable store vehicle
dollar growth (%) 66 28 17 2 (2) 6231243
Total used unit growth (%) 18 16 23 19 15 71 79 62 252 335
Total sales growth (%) 16 12 28 25 37 69 68 73 250 356
Used car superstores
at year-end 49 40 35 33 33 29 18 7 4 2
Retail stores at year-end 52 44 40 40 40 31 18 7 4 2
Associates at year-end 9,355 8,263 7,196 6,065 5,676 4,789 3,605 1,614 903 146
SELECTED FINANCIAL DATA