Aarons 2001 Annual Report Download - page 16

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13
SELECTED FINANCIAL
INFORMATION
Year Ended Year Ended Year Ended Year Ended Year Ended
(Dollar Amounts in Thousands, December 31, December 31, December 31, December 31, December 31,
Except Per Share) 2001 2000 1999 1998 1997
OPERATING RESULTS
Systemwide Revenues1$735,389 $656,096 $547,255 $464,175 $364,306
Revenues:
Rentals & Fees 403,385 $359,880 $318,154 $289,272 $231,207
Retail Sales 60,481 62,417 62,296 62,576 58,602
Non-Retail Sales 66,212 65,498 45,394 18,985 14,621
Other 16,603 15,125 11,515 8,826 6,321
546,681 502,920 437,359 379,659 310,751
Costs & Expenses:
Retail Cost of Sales 43,987 44,156 45,254 44,386 42,264
Non-Retail Cost of Sales 61,999 60,996 42,451 17,631 13,650
Operating Expenses 276,682 227,587 201,923 189,719 149,728
Depreciation of
Rental Merchandise 137,900 120,650 102,324 89,171 71,151
Interest 6,258 5,625 4,105 3,561 3,721
526,826 459,014 396,057 344,468 280,514
Earnings Before
Income Taxes 19,855 43,906 41,302 35,191 30,237
Income Taxes 7,519 16,645 15,700 13,707 11,841
Net Earnings $ 12,336 $ 27,261 $ 25,602 $ 21,484 $ 18,396
Earnings Per Share $ .62 $ 1.38 $ 1.28 $ 1.06 $ .96
Earnings Per Share
Assuming Dilution .61 1.37 1.26 1.04 .94
Dividends Per Share:
Common $ .04 $ .04 $ .04 $ .04 $ .04
Class A .04 .04 .04 .04 .04
FINANCIAL POSITION
Rental Merchandise, Net $258,932 $267,713 $219,831 $194,163 $176,968
Property, Plant &
Equipment, Net 77,282 63,174 55,918 50,113 39,757
Total Assets 397,196 380,379 318,408 272,174 239,382
Interest-Bearing Debt 77,713 104,769 72,760 51,727 76,486
Shareholders’ Equity 219,967 208,538 183,718 168,871 116,455
AT YEAR END
Stores Open:
Company-Operated 439 361 320 291 292
Franchised 209 193 155 136 101
Rental Agreements in Effect 314,600 281,000 254,000 227,400 219,800
Number of Employees 4,200 3,900 3,600 3,400 3,100
1Systemwide revenues include revenues of franchised Aaron’s Sales & Lease Ownership stores.