Aarons 2006 Annual Report Download - page 17

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15
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) 2006 2005 2004 2003 2002
OPERATING RESULTS
Revenues:
Rentals and Fees $ 992,791 $ 845,162 $694,293 $553,773 $459,179
Retail Sales 62,319 58,366 56,259 68,786 72,698
Non-Retail Sales 224,489 185,622 160,774 120,355 88,969
Franchise Royalties and Fees 33,626 29,781 25,253 19,347 16,663
Other 13,367 6,574 9,901 4,536 3,179
1,326,592 1,125,505 946,480 766,797 640,688
Costs and Expenses:
Retail Cost of Sales 41,262 39,054 39,380 50,913 53,856
Non-Retail Cost of Sales 207,217 172,807 149,207 111,714 82,407
Operating Expenses 579,565 507,158 414,518 344,884 293,346
Depreciation of Rental Merchandise 364,109 305,630 253,456 195,661 162,660
Interest 9,729 8,519 5,413 5,782 4,767
1,201,882 1,033,168 861,974 708,954 597,036
Earnings Before Income Taxes 124,710 92,337 84,506 57,843 43,652
Income Taxes 46,075 34,344 31,890 21,417 16,212
Net Earnings $ 78,635 $ 57,993 $ 52,616 $ 36,426 $ 27,440
Earnings Per Share $ 1.50 $ 1.16 $ 1.06 $ .74 $ .58
Earnings Per Share Assuming Dilution 1.47 1.14 1.04 .73 .57
Dividends Per Share:
Common $ .057 $ .054 $ .039 $ .022 $ .018
Class A .057 .054 .039 .022 .018
FINANCIAL POSITION
Rental Merchandise, Net $ 612,149 $ 550,932 $425,567 $343,013 $317,287
Property, Plant and Equipment, Net 170,294 133,759 111,118 99,584 87,094
Total Assets 979,606 858,515 700,288 559,884 487,468
Interest-Bearing Debt 129,974 211,873 116,655 79,570 73,265
Shareholders’ Equity 607,015 434,471 375,178 320,186 280,545
AT YEAR END
Stores Open:
Company-Operated 904 806 674 560 482
Franchised 441 392 357 287 232
Rental Agreements in Effect 773,000 697,000 582,000 464,800 369,000
Number of Employees 8,400 7,600 6,400 5,400 4,800