Aarons 2006 Annual Report Download - page 40

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38
Notes to Consolidated Financial Statements
Information on segments and a reconciliation to earnings before income taxes are as follows:
Year Ended Year Ended Year Ended
December 31, December 31, December 31,
(In Thousands) 2006 2005 2004
REVENUES FROM EXTERNAL CUSTOMERS:
Sales and Lease Ownership $1,167,073 $ 975,026 $804,723
Corporate Furnishings 122,965 117,476 108,453
Franchise 33,626 29,781 25,253
Other 5,791 5,411 10,185
Manufacturing 78,458 83,803 70,440
Elimination of Intersegment Revenues (78,221) (83,509) (70,884)
Cash to Accrual Adjustments (3,100) (2,483) (1,690)
Total Revenues from External Customers $1,326,592 $1,125,505 $946,480
EARNINGS BEFORE INCOME TAXES:
Sales and Lease Ownership $ 97,611 $ 63,317 $ 56,578
Corporate Furnishings 12,824 10,802 8,842
Franchise 23,949 22,143 18,374
Other (5,808) (585) 2,118
Manufacturing (1,740) 1,280 (175)
Earnings Before Income Taxes for Reportable Segments 126,836 96,957 85,737
Elimination of Intersegment (Profit) Loss 1,777 (1,103) 178
Cash to Accrual and Other Adjustments (3,903) (3,517) (1,409)
Total Earnings Before Income Taxes $ 124,710 $ 92,337 $ 84,506
ASSETS:
Sales and Lease Ownership $ 779,278 $ 669,376 $524,492
Corporate Furnishings 111,134 91,536 83,478
Franchise 25,619 26,902 23,495
Other 30,999 46,355 50,452
Manufacturing 32,576 24,346 18,371
Total Assets $ 979,606 $ 858,515 $700,288
DEPRECIATION AND AMORTIZATION:
Sales and Lease Ownership $ 370,004 $ 309,022 $255,606
Corporate Furnishings 22,229 20,376 19,213
Franchise 561 924 722
Other 1,454 1,373 711
Manufacturing 1,333 1,436 935
Total Depreciation and Amortization $ 395,581 $ 333,131 $277,187
INTEREST EXPENSE:
Sales and Lease Ownership $ 8,234 $ 7,326 $ 5,197
Corporate Furnishings 1,400 1,382 1,044
Franchise 47 93 96
Other 48 (282) (924)
Total Interest Expense $ 9,729 $ 8,519 $ 5,413