Aarons 2011 Annual Report Download - page 2

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aron’s, Inc.
serves consumers through the sale and lease
ownership and specialty retailing of residential furniture,
consumer electronics, home appliances and accessories in
over 1,950 Company-operated and franchised stores in the United States
and Canada. Aaron’s is the industry leader in serving the moderate-income
consumer and offering affordable payment plans, quality merchandise
and superior service. The Company’s strategic focus is on growing the
sales and lease ownership business through the addition of new Company-
operated stores by both internal expansion and acquisitions, as well as
through its successful and expanding franchise program.
Financial Highlights ..................... 1
To Our Shareholders .................... 2
Aaron’s is Still Bringing it Home .......... 4
Selected Financial Information ...........12
Management’s Discussion and
Analysis of Financial Condition
and Results of Operations ...............13
Consolidated Balance Sheets ........... 23
Consolidated Statements
of Earnings ............................24
Consolidated Statements of
Shareholders’ Equity ................... 25
Consolidated Statements
of Cash Flows ......................... 26
Notes to Consolidated
Financial Statements ................... 27
Management’s Report on Internal
Control Over Financial Reporting .......43
Report of Independent Registered
Public Accounting Firm on
Financial Statements ...................43
Report of Independent Registered
Public Accounting Firm on Internal
Control Over Financial Reporting .......44
Market Information, Holders
and Dividends .........................45
Board of Directors and Officers ......... 47
Corporate and Shareholder
Information ............................ 48
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