Aarons 2014 Annual Report Download - page 89

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79
Information on segments and a reconciliation to earnings before income taxes are as follows for the years ended December 31:
(In Thousands) 2014 2013 2012
Revenues From External Customers:
Sales and Lease Ownership $ 2,037,101 $ 2,076,269 $ 2,068,124
Progressive 549,548 — —
HomeSmart 64,276 62,840 55,226
Franchise 65,902 68,575 66,655
Manufacturing 104,058 106,523 95,693
Other 2,969 22,158 19,688
Revenues of Reportable Segments 2,823,854 2,336,365 2,305,386
Elimination of Intersegment Revenues (102,296)(103,834)(95,150)
Cash to Accrual Adjustments 3,681 2,100 2,591
Total Revenues from External Customers $ 2,725,239 $ 2,234,631 $ 2,212,827
Earnings (Loss) Before Income Taxes:
Sales and Lease Ownership $ 140,854 $ 183,965 $ 244,014
Progressive 4,603 — —
HomeSmart (2,643)(3,428)(6,962)
Franchise 50,504 54,171 52,672
Manufacturing 860 107 382
Other (75,905)(56,114)(12,337)
Earnings Before Income Taxes for Reportable Segments 118,273 178,701 277,769
Elimination of Intersegment Profit (813)(94)(393)
Cash to Accrual and Other Adjustments 4,244 6,353 (521)
Total Earnings Before Income Taxes $ 121,704 $ 184,960 $ 276,855
Assets:
Sales and Lease Ownership $ 1,246,325 $ 1,431,720 $ 1,410,075
Progressive 858,159 — —
HomeSmart 47,585 47,970 58,347
Franchise 46,755 47,788 53,820
Manufacturing123,050 24,305 24,787
Other 234,970 275,393 265,900
Total Assets $ 2,456,844 $ 1,827,176 $ 1,812,929
1 Includes inventory (principally raw materials and work-in-process) that has been classified within lease merchandise in the
consolidated balance sheets of $13.2 million, $14.0 million and $14.1 million as of December 31, 2014, 2013 and 2012,
respectively.