Hertz 2014 Annual Report Download - page 70

Table of Contents
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 

The following table sets forth certain of our selected operating data by segment for each of the periods indicated. Amounts are computed
independently each quarter, therefore, the sum of the quarterly amounts may not equal the total amount for the respective year due to rounding.
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



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
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
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
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
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

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
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Transaction days
(in thousands) (b) 33,595
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37,901
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35,850
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32,360
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32,875
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36,064
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34,178
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30,064
Total RPD(c) $ 43.85
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$ 46.41
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$ 46.19
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$ 47.90
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$ 44.75
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$ 48.36
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$ 46.11
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$ 48.63
Average Fleet (g) 486,900
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515,300
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502,500
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491,500
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490,200
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516,800
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499,000
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454,000
Fleet efficiency (g) 75%
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80%
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79%
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75%
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76%
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80%
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79%
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77%
Net depreciation per unit per month (h) $ 365
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$ 265
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$ 259
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$ 288
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$ 229
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$ 217
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$ 216
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$ 209
Program cars as a percentage of average
fleet at period end 21%
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15%
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16%
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15%
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9%
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7%
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3%
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4%
Adjusted pre-tax income(loss)
(in millions)(d) $ (126)
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$ 209
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$ 184
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$ 119
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$ 132
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$ 379
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$ 289
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$ 232
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Transaction days (in thousands)(b) 10,734
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14,695
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12,096
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9,395
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10,473
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14,278
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11,261
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9,006
Total RPD(c) $ 51.70
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$ 54.85
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$ 52.58
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$ 51.41
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$ 51.85
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$ 55.12
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$ 53.73
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$ 51.63
Average Fleet (g) 156,700
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196,900
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172,300
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141,400
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155,700
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188,700
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163,500
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137,500
Fleet efficiency (g) 74%
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81%
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77%
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74%
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73%
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82%
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76%
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73%
Net depreciation per unit per month (h) $ 255
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$ 245
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$ 238
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$ 266
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$ 255
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$ 274
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$ 273
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$ 301
Program cars as a percentage of average
fleet at period end 30%
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40%
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42%
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34%
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24%
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36%
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38%
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28%
Adjusted pre-tax income (loss)
(in millions)(d) $ (12)
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$ 136
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$ 57
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$ (39)
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$ 21
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$ 126
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$ 35
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$ (47)
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Dollar utilization 38%
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37%
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35%
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34%
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38%
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38%
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37%
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35%
Time utilization 67%
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66%
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63%
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61%
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66%
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67%
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64%
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61%
Rental and rental related revenue (in
millions)(e) $ 394
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$ 382
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$ 356
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$ 334
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$ 366
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$ 369
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$ 343
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$ 320
Same store revenue growth(f) 5%
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6%
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4%
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5%
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5%
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7%
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11%
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13%
Adjusted pre-tax income (in millions)(d) $ 60
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$ 79
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$ 67
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$ 52
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$ 93
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$ 89
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$ 73
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$ 45
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Average Fleet - Donlen 166,800
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169,700
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177,800
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176,800
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173,800
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170,800
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168,000
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165,600
Adjusted pre-tax income (in millions)(d) $ 15
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$ 17
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$ 15
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$ 16
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$ 16
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$ 14
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$ 14
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$ 13
(a) The data presented represents financial data on a restated basis or an amount that was calculated using financial data on a restated basis. For more information on
the restatement, see Note 2, "Restatement" to the Notes to our consolidated financial statements included in this Annual Report under the caption Item 8, "Financial
Statements and Supplementary Data.
(b) Transaction days represent the total number of 24-hour periods, with any partial period counted as one transaction day, that vehicles were on rent (the period
between when a rental contract is opened and closed) in a given period. Thus, it is possible for a vehicle to attain more than one transaction day in a 24-hour period.
(c) Total RPD is calculated as total revenue less revenue from fleet subleases and ancillary revenue associated with retail car sales, divided by the total number of
transaction days, with all periods adjusted to eliminate the effect of fluctuations in foreign currency. Our management believes eliminating the effect of fluctuations in
foreign currency is useful in analyzing underlying trends. This statistic is important to our management and investors as it represents the best measurement of the
changes in underlying pricing in the car rental business and encompasses the elements in car rental pricing that management has the ability to control.
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Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
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