HR Block 2011 Annual Report Download - page 3

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Selected Financial Data
Year ended April 30, 2011 2010 2009 2008 2007
For the year:
Total revenues $ 3,774,296 $ 3,874,332 $ 4,083,577 $ 4,086,630 $ 3,710,362
Net income from continuing operations 419,405 488,946 513,055 445,947 369,460
Net income (loss) 406,110 479,242 485,673 (308,647) (433,653)
At year end:
Total assets $ 5,207,961 $ 5,234,318 $ 5,359,722 $ 5,623,425 $ 7,544,050
Long-term debt $ 1,049,754 $ 1,035,144 $ 1,032,122 $ 1,031,784 $ 537,134
Stockholders’ equity $ 1,449,574 $ 1,440,630 $ 1,405,859 $ 987,818 $ 1,414,499
Shares outstanding 305,366 323,306 334,102 326,011 323,219
Number of shareholders 23,081 24,070 24,885 27,750 29,675
Measurements:
Basic earnings (loss) per share:
Net income from continuing operations $ 1.35 $ 1.47 $ 1.53 $ 1.37 $ 1.14
Net income (loss) $ 1.31 $ 1.44 $ 1.45 $ (0.95) $ (1.35)
Diluted earnings (loss) per share:
Net income from continuing operations $ 1.35 $ 1.46 $ 1.53 $ 1.35 $ 1.13
Net income (loss) $ 1.31 $ 1.43 $ 1.45 $ (0.95) $ (1.33)
Other per share data:
Cash dividends declared $ 0.45 $ 0.75 $ 0.59 $ 0.56 $ 0.53
Net book value $ 4.75 $ 4.46 $ 4.21 $ 3.03 $ 4.38
Return on total revenues(1) 11.1% 12.6% 12.6% 10.9% 10.0%
Return on average stockholders’ equity 28.1% 33.7% 40.6% (25.7%) (24.3%)
Return on average assets 7.8% 9.0% 8.8% (4.7%) (6.4%)
Working capital ratio 1.12 1.14 1.07 0.84 0.84
Net cash (debt)(1), (2) $ 624,653 $ 765,213 $ 613,759 $ (374,173) $ (1,192,603)
Debt to total capital ratio(2) 42.1% 41.9% 42.5% 51.3% 59.9%
Total equity to total assets 27.8% 27.5% 26.2% 17.6% 18.7%
Dividend yield 3.5% 3.3% 3.9% 2.6% 2.3%
Dividend payout ratio 46.0% 41.9% 40.9% (59.5%) (39.7%)
(1) Data is for continuing operations only.
(2) Excludes Federal Home Loan Bank borrowings and deposits.
in thousands, except per share amounts and number of shareholders
24.0
2007
24.6
23.9
23.2
24.5
2008 2009 2010 2011
Total Tax Returns Prepared
(millions)
18.0 18.6
Assisted
15.6 16.4
Total
11.7
13.0
Do-it-yourself
U.S. Tax Market Share
(%) 2010
2011
1
H&R Block 2011 Annual Report