Cash America 2008 Annual Report Download - page 49

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26
ITEM 6. SELECTED FINANCIAL DATA
Five-Year Summary of Selected Consolidated Financial Data
(dollars in thousands, except per share data)
(Unaudited)
Year Ended December 31,
2008 2007 2006 2005 2004
Statement of Income Data (a)
Total revenue .................................................... $ 1,030,794 $929,394 $694,514 $595,763 $470,955
Income from operations .................................... 148,706 133,509 104,019 80,712 61,413
Income before income taxes and minority
interest (b) ...................................................... 132,803 124,765 96,168 70,882 55,023
Net income ........................................................ 81,140 79,346 60,940 44,821 34,965
Net income per share:
Basic .............................................................. $ 2.77 $ 2.68 $ 2.05 $ 1.53 $ 1.23
Diluted........................................................... $ 2.70 $ 2.61 $ 2.00 $ 1.48 $ 1.18
Dividends declared per share ............................ $ 0.14 $ 0.14 $ 0.10 $ 0.10 $ 0.37
Weighted average shares:
Basic .............................................................. 29,327 29,643 29,676 29,326 28,468
Diluted........................................................... 30,092 30,349 30,532 30,206 29,584
Balance Sheet Data at End of Year (a)
Pawn loans ........................................................ $168,747 $137,319 $127,384 $115,280 $109,353
Cash advances, net ............................................ 83,850 88,148 79,975 40,704 36,490
Merchandise held for disposition, net ............... 109,493 98,134 87,060 72,683 67,050
Working capital................................................. 313,834 302,275 259,813 232,556 209,463
Total assets........................................................ 1,186,510 904,644 776,244 598,648 555,165
Total debt ......................................................... 438,154 288,777 219,749 165,994 166,626
Stockholders’ equity ......................................... 575,041 496,602 440,728 374,716 333,936
Ratio Data at End of Year (a)
Current ratio ...................................................... 3.1x 3.8x 3.2x 4.8x 4.6x
Debt to equity ratio ........................................... 76.2 % 58.2% 49.9% 44.3% 49.9%
Owned and Franchised Locations at Year End (a)
Pawn lending operations .................................... 613 499 487 464 452
Cash advance operations (c) ............................... 248 304 295 286 253
Check cashing operations
(d) .............................. 133 139 136 136 134
Total ............................................................... 994 942 918 886 839
(a) In September 2004, the Company sold its U.K. and Swedish foreign pawn lending operations. The amounts for 2004 and 2005
exclude amounts related to the foreign pawn lending operations, as they were classified as discontinued operations.
(b) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Financial Statements and
Supplementary Data” for amounts related to the gain on the sale of foreign notes in 2007 and the gain from the early termination
of a lease contract in 2006, which are included in these amounts.
(c) Includes cash advance locations only.
(d) Mr. Payroll locations only.