Aarons 2012 Annual Report Download - page 3

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20122011201020092008
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Revenues By Year Net Earnings By Year
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20122011201020092008
Store Count
* Aaron’s Sales & Lease Ownership and HomeSmart franchised stores are not owned or operated by Aaron’s, Inc.
NMF — calculation is not meaningful
Year Ended Year Ended
(Dollar Amounts in Thousands, December 31, December 31, Percentage
Except Per Share) 2012 2011 Change
OPERATING RESULTS
Revenues $2,222,588 $2,022,331 9.9%
Earnings Before Taxes 276,855 183,377 51.0
Net Earnings 173,043 113,767 52.1
Earnings Per Share 2.28 1.46 56.2
Earnings Per Share Assuming Dilution 2.25 1.43 57.3
FINANCIAL POSITION
Total Assets $1,812,929 $1,731,899 4.7%
Lease Merchandise, Net 964,067 862,276 11.8
Credit Facilities 141,528 153,789 (8.0)
Shareholders’ Equity 1,136,126 976,554 16.3
Book Value Per Share 15.00 12.91 16.2
Debt to Capitalization 11.1% 13.6%
Pretax Profit Margin 12.5 9.1
Net Profit Margin 7.8 5.6
Return on Average Equity 16.4 11.6
STORES OPEN AT YEAR-END
Aaron’s Sales & Lease Ownership 1,246 1,160 7.4%
HomeSmart 78 71 9.9
Franchised* 749 713 5.0
Aaron’s Office Furniture — 1 nmf
Total Stores 2,073 1,945 6.6%
FINANCIAL HIGHLIGHTS
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