HR Block 2006 Annual Report Download - page 4

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SELECTED FINANCIAL HIGHLIGHTS
2
CONSOLIDATED REVENUES
(IN MILLIONS)
$4,872.8
$4,420.0
$4,247.9
$3,731.1
$3,311.9
CONSOLIDATED NET INCOME
(IN MILLIONS)
$490.4
$623.9
$694.1
$477.6
$441.3
DILUTED EARNINGS PER SHARE
$1.47
$1.85
$1.92
$1.30
$1.17
2002 2003 2004 2005 2006 2002 2003 2004 2005 2006 2002 2003 2004 2005 2006
Amounts in thousands, except per share amounts and number of shareholders
April 30 2006 2005 2004 2003 2002
FOR THE YEAR
Total revenues $ 4,872,801 $ 4,420,019 $ 4,247,880 $ 3,731,126 $ 3,311,943
Net income before change in accounting principle $ 490,408 $ 623,910 $ 700,452 $ 477,615 $ 441,287
Net income $ 490,408 $ 623,910 $ 694,093 $ 477,615 $ 441,287
AT YEAR END
Total assets $ 5,989,135 $ 5,538,056 $ 5,233,827 $ 4,666,502 $ 4,396,731
Long-term debt $ 417,539 $ 923,073 $ 545,811 $ 822,302 $ 868,387
Stockholders’ equity $ 2,147,799 $ 1,949,268 $ 1,804,659 $ 1,589,398 $ 1,375,065
Shares outstanding 326,326 331,240 346,192 359,202 362,252
Number of shareholders 31,435 30,839 29,430 30,716 31,094
MEASUREMENTS
Basic earnings per share:
Net income before change in accounting principle $ 1.49 $ 1.88 $ 1.98 $ 1.33 $ 1.21
Net income $ 1.49 $ 1.88 $ 1.96 $ 1.33 $ 1.21
Diluted earnings per share:
Net income before change in accounting principle $ 1.47 $ 1.85 $ 1.94 $ 1.30 $ 1.17
Net income $ 1.47 $ 1.85 $ 1.92 $ 1.30 $ 1.17
Other per share data:
Cash dividends declared $ 0.49 $ 0.43 $ 0.39 $ 0.35 $ 0.32
Net book value $ 6.58 $ 5.88 $ 5.21 $ 4.42 $ 3.80
Return on total revenues 10.1% 14.1% 16.5% 12.8% 13.3%
Return on stockholders’ equity 23.9% 33.2% 40.9% 32.2% 34.6%
Return on average assets 8.5% 11.6% 14.0% 10.5% 10.3%
Working capital ratio 0.98 1.37 1.18 1.36 1.16
Debt to total capital ratio 30.1% 32.7% 31.3% 35.6% 40.3%
Total equity to total assets 0.36 0.35 0.34 0.34 0.31
Dividend yield 2.1% 1.7% 1.7% 1.8% 1.6%
Dividend payout ratio 32.6% 22.5% 19.5% 26.4% 26.2%