HR Block 2005 Annual Report Download - page 4

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2
SELECTED FINANCIAL HIGHLIGHTS
Amount s in thousands, except per share amounts and number of shareholders
Year Ended April 30 2005 2004 2003 2002 2001
FOR THE YEAR > > >
To tal revenues $ 4,420,019 $ 4,247,880 $ 3,731,126 $ 3,311,943 $ 2,982,157
Net income before change in accounting principle $635,857 $ 715,608 $ 477,615 $ 441,287 $ 278,211
Net income $635,857 $ 709,249 $ 477,615 $ 441,287 $ 282,625
AT YEAR END > > >
Total assets $ 5,539,283 $5,232,732 $ 4,666,502 $ 4,396,731 $ 4,170,980
Long-term debt $923,073 $ 545,811 $ 822,302 $ 868,387 $ 870,974
Stockholders’ equity $ 1,976,371 $ 1,819,815 $ 1,589,398 $ 1,375,065 $ 1,172,504
Shares outstanding 331,240 346,192 359,202 362,252 367,216
Number of shareholders 30,839 29,430 30,716 31,094 31,523
M EASUREM ENTS > > >
Basic earnings per share:
Net income before change in accounting principle $1.92 $2.02 $ 1.33 $ 1.21 $ 0.76
Net income $1.92 $2.00 $ 1.33 $ 1.21 $ 0.77
Diluted earnings per share:
Net income before change in accounting principle $1.88 $1.98 $ 1.30 $ 1.17 $ 0.75
Net income $1.88 $1.96 $ 1.30 $ 1.17 $ 0.76
Other per share data:
Cash dividends declared $0.43 $0.39 $ 0.35 $ 0.32 $ 0.29
Net book value $5.97 $5.26 $ 4.42 $ 3.80 $ 3.19
Return on total revenues 14.4% 16.8% 12.8% 13.3% 9.3%
Return on stockholders’ equity 33.5% 41.6% 32.2% 34.6% 23.7%
Return on average assets 11.8% 14.3% 10.5% 10.3% 5.7%
Working capital ratio 1.39 1.18 1.36 1.16 1.13
Debt to total capital ratio 32.4% 31.1% 35.6% 40.3% 44.0%
Total equity to total assets 0.36 0.35 0.34 0.31 0.28
Dividend yield 1.7% 1.7% 1.8% 1.6% 2.1%
Dividend payout ratio 22.5% 19.5% 26.4% 26.2% 38.3%
Selected Financial Highlights