Aarons 2005 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2005 Aarons annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 48

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48

25
Consolidated Balance Sheets
December 31, December 31,
(In Thousands, Except Share Data) 2005 2004
ASSETS
Cash $ 6,973 $ 5,865
Accounts Receivable (net of allowances of $2,742
in 2005 and $1,963 in 2004) 42,812 32,736
Rental Merchandise 811,335 639,192
Less: Accumulated Depreciation (260,403) (213,625)
550,932 425,567
Property, Plant and Equipment, Net 133,759 111,118
Goodwill and Other Intangibles, Net 101,085 74,874
Prepaid Expenses and Other Assets 22,954 50,128
Total Assets $858,515 $700,288
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts Payable and Accrued Expenses $112,817 $ 93,565
Dividends Payable 699 647
Deferred Income Taxes Payable 75,197 95,173
Customer Deposits and Advance Payments 23,458 19,070
Credit Facilities 211,873 116,655
Total Liabilities 424,044 325,110
Commitments and Contingencies
Shareholders’ Equity:
Common Stock, Par Value $.50 Per Share;
Authorized: 50,000,000 Shares;
Shares Issued: 44,989,602 at December 31, 2005 and 2004 22,495 22,495
Class A Common Stock, Par Value $.50 Per Share;
Authorized: 25,000,000 Shares;
Shares Issued: 12,063,856 at December 31, 2005 and 2004 6,032 6,032
Additional Paid-In Capital 92,852 91,032
Retained Earnings 349,377 294,077
Accumulated Other Comprehensive Loss (14) (539)
470,742 413,097
Less: Treasury Shares at Cost,
Common Stock, 3,358,521 and 3,625,230 Shares at
December 31, 2005 and 2004, respectively (20,367) (22,015)
Class A Common Stock, 3,667,623 Shares at
December 31, 2005 and 2004 (15,904) (15,904)
Total Shareholders’ Equity 434,471 375,178
Total Liabilities and Shareholders’ Equity $858,515 $700,288
The accompanying notes arean integral partof the Consolidated Financial Statements.