Aarons 2000 Annual Report Download - page 15

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13
Selected Financial
Information
(Dollar Amounts Year Ended Year Ended Year Ended Year Ended Year Ended
in Thousands December 31, December 31, December 31, December 31, December 31,
Except Per Share) 2000 1999 1998 1997 1996
Operating Results
Systemwide Revenues1$656,096 $547,255 $464,175 $364,306 $306,200
Revenues:
Rentals & Fees $359,880 $318,154 $289,272 $231,207 $208,463
Sales 127,915 107,690 81,561 73,223 61,527
Other 15,125 11,515 8,826 6,321 4,255
502,920 437,359 379,659 310,751 274,245
Costs & Expenses:
Cost of Sales 105,152 87,705 62,017 55,914 46,168
Operating Expenses 227,587 201,923 189,719 149,728 135,012
Depreciation of
Rental Merchandise 120,650 102,324 89,171 71,151 64,437
Interest 5,625 4,105 3,561 3,721 3,449
459,014 396,057 344,468 280,514 249,066
Earnings Before
Income Taxes 43,906 41,302 35,191 30,237 25,179
Income Taxes 16,645 15,700 13,707 11,841 9,786
Net Earnings $ 27,261 $ 25,602 $ 21,484 $ 18,396 $ 15,393
Earnings Per Share $ 1.38 $ 1.28 $ 1.06 $ .96 $ .81
Earnings Per Share
Assuming Dilution 1.37 1.26 1.04 .94 .77
Dividends Per Share:
Common $ .04 $ .04 $ .04 $ .04 $ .04
Class A .04 .04 .04 .04 .04
Financial Position
Rental Merchandise, Net $267,713 $219,831 $194,163 $176,968 $149,984
Property, Plant &
Equipment, Net 63,174 55,918 50,113 39,757 33,267
Total Assets 380,379 318,408 272,174 239,382 198,103
Interest-Bearing Debt 104,769 72,760 51,727 76,486 55,365
Shareholders’ Equity 208,538 183,718 168,871 116,455 107,335
At Year End
Stores Open:
Company-Operated 361 320 291 292 240
Franchised 193 155 136 101 61
Rental Agreements in Effect 281,000 254,000 227,400 219,800 179,600
Number of Employees 3,900 3,600 3,400 3,100 2,550
1Systemwide revenues include rental revenues of franchised Aaron’s Sales & Lease Ownership stores.