CarMax 2010 Annual Report Download - page 28

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18
Item 6. Selected Financial Data.
FY10 FY09 FY08 FY07 FY06 FY05
Income statement information (In millions)
Used vehicle sales $ 6,192.3 $5,690.7 $6,589.3 $5,872.8 $4,771.3 $3,997.2
New vehicle sales 186.5 261.9 370.6 445.1 502.8 492.1
Wholesale vehicle sales 844.9 779.8 985.0 918.4 778.3 589.7
Other sales and revenues 246.6 241.6 254.6 229.3 207.6 181.3
Net sales and operating revenues 7,470.2 6,974.0 8,199.6 7,465.7 6,260.0 5,260.3
Gross profit 1,098.9 968.2 1,072.4 971.1 790.7 650.2
CarM ax Auto Finance income 175.2 15.3 85.9 132.6 104.3 82.7
SG&A 818.7 882.4 858.4 776.2 674.4 565.3
Earnings before income taxes 452.5 96.8 297.1 323.3 217.6 165.8
Income tax provision 170.8 37.6 115.0 124.8 83.4 64.5
Net earnings 281.7 59.2 182.0 198.6 134.2 101.3
S hare and per share information
(Shares in m illions)
Weighted average shares outstanding:
Basic 219.5 217.5 216.0 212.5 209.3 208.1
Diluted 222.2 219.4 220.0 216.6 212.8 211.3
Net earnings per share:
Basic $ 1.27 $ 0.27 $ 0.84 $ 0.93 $ 0.64 $ 0.49
Diluted $ 1.26 $ 0.27 $ 0.82 $ 0.91 $ 0.63 $ 0.48
Balance sheet information (In m illions)
Total current assets $ 1,556.4 $1,287.8 $1,356.9 $1,150.5 $ 941.7 $ 853.0
Total assets 2,556.2 2,379.2 2,333.2 1,885.6 1,509.6 1,306.3
Total current liabilities 477.4 490.8 490.0 512.0 344.9 317.8
Short-term debt 0.9 0.9 21.0 3.3 0.5 65.2
Current portion of long-term debt 122.3 158.1 79.7 148.4 59.8 0.3
Long-term debt, excluding current portion 27.4 178.1 227.2 33.7 134.8 128.4
Total shareholders’ equity 1,933.6 1,593.1 1,488.9 1,247.4 980.1 814.2
Unit sales information
Used vehicle units sold 357,129 345,465 377,244 337,021 289,888 253,168
New vehicle units sold 7,851 11,084 15,485 18,563 20,901 20,636
Wholesale vehicle units sold 197,382 194,081 222,406 208,959 179,548 155,393
Percent changes in
Comp arable store used vehicle unit sales 1 (16) 3 9 4 1
Total used vehicle unit sales 3 (8) 12 16 15 13
Total net sales and op erating revenues 7 (15) 10 19 19 14
Net earnings 376 (67) (8) 48 32 (8)
Diluted net earnings per share 367 (67) (10) 46 31 (8)
Other year-end information
Used car superstores 100 100 89 77 67 58
Associates 13,439 13,035 15,637 13,736 11,712 10,815