Aarons 2004 Annual Report Download - page 23

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21
Consolidated Balance Sheets
December 31, December 31,
(In Thousands, Except Share Data) 2004 2003
ASSETS
Cash $ 5,865 $ 4,687
Accounts Receivable (net of allowances of $1,963
in 2004 and $1,718 in 2003) 32,736 30,878
Rental Merchandise 639,192 518,741
Less: Accumulated Depreciation (213,625) (175,728)
425,567 343,013
Property, Plant & Equipment, Net 111,118 99,584
Goodwill and Other Intangibles, Net 74,874 55,485
Prepaid Expenses & Other Assets 50,128 26,237
Total Assets $700,288 $559,884
LIABILITIES & SHAREHOLDERS’ EQUITY
Accounts Payable & Accrued Expenses $ 93,565 $ 88,446
Dividends Payable 647 655
Deferred Income Taxes Payable 95,173 55,290
Customer Deposits & Advance Payments 19,070 15,737
Credit Facilities 116,655 79,570
Total Liabilities 325,110 239,698
Commitments & Contingencies
Shareholders’ Equity
Common Stock, Par Value $.50 Per Share;
Authorized: 50,000,000 Shares;
Shares Issued: 44,989,602 and 44,990,212
at December 31, 2004 and 2003, respectively 22,495 22,495
Class A Common Stock, Par Value $.50 Per Share;
Authorized: 25,000,000 Shares;
Shares Issued: 12,063,856 and 12,063,903
at December 31, 2004 and 2003, respectively 6,032 6,032
Additional Paid-In Capital 91,032 88,305
Retained Earnings 294,077 243,415
Accumulated Other Comprehensive Loss (539)
413,097 360,247
Less: Treasury Shares at Cost,
Common Stock, 3,625,230 and 4,223,625 Shares at
December 31, 2004 and 2003, respectively (22,015) (24,157)
Class A Common Stock, 3,667,623 Shares at
December 31, 2004 and 2003 (15,904) (15,904)
Total Shareholders’ Equity 375,178 320,186
Total Liabilities & Shareholders’ Equity $700,288 $559,884
The accompanying notes are an integral part of the Consolidated Financial Statements.