Aarons 2009 Annual Report Download - page 26
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December 31, December 31,
(In Thousands, Except Share Data) 2009 2008
Assets:
Cash and Cash Equivalents $ 109,685 $ 7,376
Accounts Receivable (net of allowances of $4,157
in 2009 and $4,040 in 2008) 66,095 59,513
Lease Merchandise 1,122,954 1,074,831
Less: Accumulated Depreciation (440,552) (393,745)
682,402 681,086
Property, Plant and Equipment, Net 227,616 224,431
Goodwill, Net 194,376 185,965
Other Intangibles, Net 5,200 7,496
Prepaid Expenses and Other Assets 36,082 67,403
Total Assets $ 1,321,456 $ 1,233,270
Liabilities & Shareholders’ Equity:
Accounts Payable and Accrued Expenses $ 177,284 $ 173,926
Dividends Payable — 910
Deferred Income Taxes Payable 163,670 148,638
Customer Deposits and Advance Payments 38,198 33,435
Credit Facilities 55,044 114,817
Total Liabilities 434,196 471,726
Shareholders’ Equity:
Common Stock, Par Value $.50 Per Share;
Authorized: 100,000,000 Shares;
Shares Issued: 48,439,602 at December 31,
2009 and 2008 24,220 24,220
Class A Common Stock, Par Value $.50 Per Share;
Authorized: 25,000,000 Shares; Shares Issued:
12,063,856 at December 31, 2009 and 2008 6,032 6,032
Additional Paid-in Capital 211,795 194,317
Retained Earnings 694,689 585,827
Accumulated Other Comprehensive Loss (101) (1,447)
936,635 808,949
Less: Treasury Shares at Cost,
Common Stock, 1,958,214 and 3,104,146 Shares
at December 31, 2009 and 2008, respectively (18,203) (29,877)
Class A Common Stock, 4,307,117 and 3,748,860 Shares
at December 31, 2009 and 2008, respectively (31,172) (17,528)
Total Shareholders’ Equity 887,260 761,544
Total Liabilities & Shareholders’ Equity $ 1,321,456 $ 1,233,270
The accompanying notes are an integral part of the Consolidated Financial Statements.