Aarons 2012 Annual Report Download - page 53

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43
AARON’S, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31,
December 31,
2012
2011
(In Thousands, Except Share Data)
ASSETS:
Cash and Cash Equivalents
$
129,534
$
176,257
Investments
85,861
98,132
Accounts Receivable (net of allowances of $6,001 in 2012 and $4,768 in 2011)
74,157
87,471
Lease Merchandise
1,539,594
1,363,903
Less: Accumulated Depreciation
(575,527)
(501,627)
964,067
862,276
Property, Plant and Equipment, Net
230,598
226,619
Goodwill
234,195
219,342
Other Intangibles, Net
6,026
6,066
Prepaid Expenses and Other Assets
77,387
45,851
Assets Held for Sale
11,104
9,885
Total Assets
$
1,812,929
$
1,731,899
LIABILITIES & SHAREHOLDERS’ EQUITY:
Accounts Payable and Accrued Expenses
$
225,532
$
228,303
Accrued Litigation Expense
-
41,720
Deferred Income Taxes Payable
263,721
286,962
Customer Deposits and Advance Payments
46,022
44,571
Credit Facilities
141,528
153,789
Total Liabilities
676,803
755,345
Commitments and Contingencies (Note 8)
Shareholders’ Equity:
Common Stock, Par Value $.50 Per Share; Authorized: 225,000,000 Shares at
December 31, 2012 and 2011; Shares Issued: 90,752,123 at December 31, 2012
and 2011
45,376
45,376
Additional Paid-in Capital
220,362
212,311
Retained Earnings
1,087,032
918,699
Accumulated Other Comprehensive (Loss) Income
(69)
274
1,352,701
1,176,660
Less: Treasury Shares at Cost
Common Stock, 15,031,741 and 15,111,635 Shares at December 31, 2012 and 2011,
respectively
(216,575)
(200,106)
Total Shareholders’ Equity
1,136,126
976,554
Total Liabilities & Shareholders’ Equity
$
1,812,929
$
1,731,899
The accompanying notes are an integral part of the Consolidated Financial Statements.