Aarons 2009 Annual Report Download - page 27

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Year Ended Year Ended Year Ended
December 31, December 31, December 31,
(In Thousands, Except Per Share) 2009 2008 2007
Revenues:
Lease Revenues and Fees $1,310,709 $1,178,719 $1,045,804
Retail Sales 43,394 43,187 34,591
Non-Retail Sales 327,999 309,326 261,584
Franchise Royalties and Fees 52,941 45,025 38,803
Other 17,744 16,351 14,157
1,752,787 1,592,608 1,394,939
Costs and Expenses:
Retail Cost of Sales 25,730 26,379 21,201
Non-Retail Cost of Sales 299,727 283,358 239,755
Operating Expenses 771,634 705,566 617,106
Depreciation of Lease Merchandise 474,958 429,907 391,538
Interest 4,299 7,818 7,587
1,576,348 1,453,028 1,277,187
Earnings From Continuing
Operations Before Income Taxes 176,439 139,580 117,752
Income Taxes 63,561 53,811 44,327
Net Earnings From
Continuing Operations 112,878 85,769 73,425
(Loss) Earnings From Discontinued
Operations, Net of Tax (277) 4,420 6,850
Net Earnings $ 112,601 $ 90,189 $ 80,275
Earnings Per Share From
Continuing Operations $ 2.09 $ 1.61 $ 1.35
Earnings Per Share From Continuing
Operations Assuming Dilution 2.07 1.58 1.33
(Loss) Earnings Per Share From
Discontinued Operations (.01) .08 .13
(Loss) Earnings Per Share From Discontinued
Operations Assuming Dilution (.01) .08 .13
The accompanying notes are an integral part of the Consolidated Financial Statements.
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