Cash America 2009 Annual Report Download - page 61
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33
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,
2009 2008 2007 2006 2005
Statement of Income Data (a)
Total revenue $1,120,390 $1,030,794 $929,394 $694,514 $595,763
Income from operations 175,652 148,706 133,509 104,019 80,712
Income before income taxes (b) 154,716 132,803 124,765 96,168 70,882
Net income attributable to Cash America
International, Inc. 96,678 81,140 79,346 60,940 44,821
Net income per share:
Basic $3.26 $2.77 $2.68 $2.05 $1.53
Diluted $3.17 $2.70 $2.61 $2.00 $1.48
Dividends declared per share $0.14 $0.14 $0.14 $0.10 $0.10
Weighted average shares:
Basic 29,639 29,327 29,643 29,676 29,326
Diluted 30,503 30,092 30,349 30,532 30,206
Balance Sheet Data at End of Year (b)
Pawn loans $188,312 $168,747 $137,319 $127,384 $115,280
Cash advances, net 108,789 83,850 88,148 79,975 40,704
Merchandise held for disposition, net 113,824 109,493 98,134 87,060 72,683
Working capital 414,450 313,834 302,275 259,813 232,556
Total assets 1,269,655 1,186,510 904,644 776,244 598,648
Total debt 429,183 438,154 288,777 219,749 165,994
Total equity 683,199 579,735 496,602 440,728 374,716
Ratio Data at End of Year (a)
Current ratio 4.1 x 3.1 x 3.8 x 3.2 x 4.8 x
Debt to equity ratio 62.8 %75.6 %58.2 % 49.9 %44.3 %
Owned and Franchised Locations at Year End (a)
Pawn lending operations (c) 676 613 499 487 464
Cash advance operations (d) 246 248 304 295 286
Check cashing operations (e) 126 133 139 136 136
Total 1,048 994 942 918 886
(a)
c
c
c
In September 2004, the Company sold its U.K. and Swedish foreign pawn lending operations. The amounts for 2005 exclude
amounts related to the foreign pawn lending operations, as they were classified as discontinued operations. In addition, see
"Item 8. Financial Statements and Supplementary Data ─ Note 3" for discussion of the Company's acquisitions in 2006 and
2008.
a
a
(b)
c
c
See “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8.
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.
a
a
(c) Includes unconsolidated franchised and consolidated Company-owned pawn lending locations only.
(d) Includes cash advance storefront locations only.
(e) Includes unconsolidated franchised and consolidated Company-owned Mr. Payroll locations only.