Aarons 2013 Annual Report Download - page 49

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39
AARON’S, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31,
2013 December 31,
2012
(In Thousands, Except Share Data)
ASSETS:
Cash and Cash Equivalents $ 231,091 $ 129,534
Investments 112,391 85,861
Accounts Receivable (net of allowances of $7,172 in 2013 and $6,001 in 2012) 68,684 74,157
Lease Merchandise (net of accumulated depreciation of $594,436 in 2013 and $575,527 in 2012) 869,725 964,067
Property, Plant and Equipment, Net 231,293 230,598
Goodwill 239,181 234,195
Other Intangibles, Net 3,535 6,026
Prepaid Expenses and Other Assets 55,436 77,387
Assets Held for Sale 15,840 11,104
Total Assets $ 1,827,176 $ 1,812,929
LIABILITIES & SHAREHOLDERS’ EQUITY:
Accounts Payable and Accrued Expenses $ 243,910 $ 225,532
Accrued Regulatory Expense 28,400 —
Deferred Income Taxes Payable 226,958 263,721
Customer Deposits and Advance Payments 45,241 46,022
Credit Facilities 142,704 141,528
Total Liabilities 687,213 676,803
Commitments and Contingencies (Note 8) — —
Shareholders’ Equity:
Common Stock: Par Value $.50 Per Share; Authorized: 225,000,000; Shares Issued:
90,752,123 at December 31, 2013 and December 31, 2012, respectively 45,376 45,376
Additional Paid-in Capital 198,182 220,362
Retained Earnings 1,202,219 1,087,032
Accumulated Other Comprehensive Loss (64) (69)
1,445,713 1,352,701
Less: Treasury Shares at Cost
Common Stock: 17,795,293 Shares at December 31, 2013 and 15,031,741 Shares at
December 31, 2012 (305,750) (216,575)
Total Shareholders’ Equity 1,139,963 1,136,126
Total Liabilities & Shareholders’ Equity $ 1,827,176 $ 1,812,929
The accompanying notes are an integral part of the Consolidated Financial Statements.