Aarons 2013 Annual Report Download - page 75

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65
(In Thousands) 2013 2012 2011
Earnings (Loss) Before Income Taxes:
Sales and Lease Ownership $ 183,965 $ 244,014 $ 144,232
HomeSmart (3,428)(6,962)(7,283)
RIMCO (414) 573 153
Franchise 54,171 52,672 49,577
Manufacturing 107 382 2,960
Other (55,700)(12,910) 119
Earnings Before Income Taxes for Reportable Segments 178,701 277,769 189,758
Elimination of Intersegment Profit (94)(393)(2,960)
Cash to Accrual and Other Adjustments 6,353 (521)(3,421)
Total Earnings Before Income Taxes $ 184,960 $ 276,855 $ 183,377
Assets:
Sales and Lease Ownership $ 1,431,720 $ 1,410,075 $ 1,285,807
HomeSmart 47,970 58,347 50,600
RIMCO 13,195 11,737 7,344
Franchise 47,788 53,820 56,131
Manufacturing124,305 24,787 21,691
Other 262,198 254,163 310,326
Total Assets $ 1,827,176 $ 1,812,929 $ 1,731,899
1 Includes inventory (principally raw materials and work-in-process) that has been classified within lease merchandise in the consolidated
balance sheets of $14.0 million, $14.1 million and $11.2 million as of December 31, 2013, 2012 and 2011, respectively.
Depreciation and Amortization:
Sales and Lease Ownership $ 641,576 $ 620,774 $ 581,945
HomeSmart 23,977 20,482 5,933
RIMCO 6,703 5,247 3,198
Franchise 156 146 41
Manufacturing 2,081 4,430 1,294
Other 10,612 7,256 8,260
Total Depreciation and Amortization $ 685,105 $ 658,335 $ 600,671
Interest Expense:
Sales and Lease Ownership $ 4,470 $ 5,345 $ 4,348
HomeSmart 916 846 201
RIMCO 227 186 125
Franchise — — —
Manufacturing 80 106 142
Other (80)(91)(107)
Total Interest Expense $ 5,613 $ 6,392 $ 4,709
Capital Expenditures:
Sales and Lease Ownership $ 30,831 $ 33,460 $ 51,639
HomeSmart 994 4,121 10,950
RIMCO 1,650 2,020 1,763
Franchise — — —
Manufacturing 1,531 4,493 2,107
Other 23,139 20,979 11,752
Total Capital Expenditures $ 58,145 $ 65,073 $ 78,211
Revenues From Canadian Operations (included in totals above):
Sales and Lease Ownership $ 300 $ 308 $ 3,258
Assets From Canadian Operations (included in totals above):
Sales and Lease Ownership $ 1,021 $ 1,391 $ 1,527