Aarons 2008 Annual Report Download - page 3

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20082007200620052004
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20082007200620052004
Revenues By Year Net Earnings By Year
Financial Highlights
($ in thousands)
* Sales & Lease Ownership franchised stores are not owned or operated by Aaron Rents, Inc.
Year Ended Year Ended
(Dollar Amounts in Thousands, December 31, December 31, Percentage
Except Per Share) 2008 2007 Change
Operating Results
Revenues $1,592,608 $1,394,939 14.2%
Earnings Before Taxes From Continuing Operations 139,580 117,752 18.5
Net Earnings From Continuing Operations 85,769 73,425 16.8
Earnings From Discontinued Operations, Net of Tax 4,420 6,850 (35.5)
From Continuing Operations:
Earnings Per Share 1.61 1.35 19.3
Earnings Per Share Assuming Dilution 1.58 1.33 18.8
From Discontinued Operations:
Earnings Per Share 0.08 0.13 (38.5)
Earnings Per Share Assuming Dilution 0.08 0.13 (38.5)
Financial Position
Total Assets $1,233,270 $1,113,176 10.8%
Rental Merchandise, Net 681,086 558,322 22.0
Credit Facilities 114,817 185,832 (38.2)
Shareholders’ Equity 761,544 673,380 13.1
Book Value Per Share 14.19 12.56 13.0
Debt to Capitalization 13.1% 21.6%
Pretax Profit Margin 8.8 8.4
Net Profit Margin 5.4 5.3
Return on Average Equity 12.6 12.5
Stores Open at Year-end
Sales & Lease Ownership 1,053 1,030 2.2%
Sales & Lease Ownership Franchised* 504 484 4.1
Total Stores 1,557 1,514 2.8%
($ in thousands)
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