Aaron’s, inc. (AAN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
REVENUES:
Revenues

1,101,274

1,003,604

963,808

968,141

1,012,103

993,184

953,071

927,859

954,809

884,627

838,883

815,644

844,554

794,954

768,982

789,353

854,427

821,199

767,694

769,049

821,814

748,702

698,418

662,490

585,423

553,852

537,224

550,545

593,010

558,702

529,510

538,619

585,996

512,482

484,731

482,700

532,665

483,920

452,150

444,999

495,269

415,259

417,310

COSTS AND EXPENSES:
Depreciation of Lease Merchandise

597,407

507,471

489,199

474,868

500,820

437,889

434,593

415,414

440,008

375,659

365,576

345,398

361,998

316,897

317,127

321,969

348,302

300,267

302,029

294,362

315,986

271,188

260,819

232,715

167,912

152,189

154,495

153,898

167,507

144,202

150,783

148,406

158,161

132,434

136,727

134,585

144,093

124,525

122,692

124,808

132,080

117,024

117,915

Operating Expenses

412,970

-

-

-

387,216

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses

-

-

383,264

383,576

-

419,252

420,602

388,337

390,232

370,455

374,157

330,548

328,825

340,783

331,977

330,601

348,424

358,041

345,514

325,555

327,920

332,838

325,148

311,116

262,699

263,143

259,708

250,207

249,626

242,843

237,291

237,573

234,910

220,481

218,319

211,390

216,410

206,239

206,021

206,210

206,459

193,440

185,571

Financial Advisory and Legal Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

385

12,404

872

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

22,286

2,509

5,500

18,700

13,281

544

537

-882

906

3,377

845

13,445

327

15,560

4,658

0

0

-

0

-

-

-

6,876

2,264

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill, Impairment Loss

446,900

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement and Vacation Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,094

-

-

-

0

4,917

-

-

10,394

-

-

-

-

-

-

-

-

-

-

-

-

Progressive-Related Transaction Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

371

5,464

803

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal and Regulatory Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,200

-

-

-

-13,400

-15,000

-

0

0

0

35,500

-

-

-36,500

-

-

-

-

-

-

-

Other Operating Expense (Income)

-170

7,217

329

3,486

897

1,830

38

165

83

-51

-486

511

561

474

-2

-755

6,729

-3,469

962

-277

1,460

307

197

-5

677

-3,976

1,038

-451

1,805

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and Expenses, Total

1,510,169

1,086,934

908,305

908,295

938,248

904,857

895,785

853,928

884,745

820,112

796,194

754,638

758,065

757,219

718,173

721,201

768,447

780,622

724,685

701,506

737,002

707,880

678,108

645,673

523,529

519,967

509,038

508,848

509,720

503,517

482,845

479,259

470,177

461,182

438,426

465,073

460,746

431,523

410,065

405,670

435,707

380,260

372,960

OPERATING (LOSS) PROFIT

-408,895

-83,330

55,503

59,846

73,855

88,327

57,286

73,931

70,064

64,515

42,689

61,006

86,489

37,735

50,809

68,152

85,980

40,577

43,009

67,543

84,812

40,822

20,310

16,817

61,894

33,885

28,186

41,697

83,290

55,185

46,665

59,360

115,819

-

46,305

-

-

-

-

-

-

-

-

Interest Income

192

385

360

944

101

80

18

154

202

139

344

378

974

903

868

507

421

471

483

792

439

460

634

1,074

753

757

719

770

752

833

932

896

880

-

464

-

-

-

-

-

-

-

-

Interest Expense

3,799

3,720

3,991

4,300

4,956

4,572

3,735

3,807

4,326

4,464

4,707

5,552

5,815

5,429

5,745

5,904

6,312

6,224

5,524

5,622

5,969

6,041

6,162

5,479

1,533

1,097

1,497

1,508

1,511

1,503

1,553

1,666

1,670

1,686

1,677

672

674

681

728

844

843

1,010

1,164

Impairment of Investment

-

-

0

0

-

-

0

20,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Impairment Charges

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Non-Operating (Expense) Income, Net

-1,951

661

-207

329

1,308

-1,778

-154

-200

812

548

895

1,163

975

-921

-650

-1,631

-361

-444

-1,412

1,641

-1,452

-1,008

-1,583

1,150

-404

566

2,012

-572

-1,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-414,453

-86,004

51,665

56,819

70,308

82,057

53,415

49,980

66,752

60,738

39,221

56,995

82,623

32,288

45,282

61,124

79,728

34,380

36,556

64,354

77,830

34,233

13,199

13,562

60,710

34,111

29,420

40,387

81,042

57,192

46,044

58,590

115,029

48,739

45,092

17,627

71,919

49,810

42,085

39,329

59,562

34,999

44,350

INCOME TAX (BENEFIT) EXPENSE

-134,448

21,053

11,864

14,169

14,230

20,314

9,695

11,479

14,506

-116,822

13,880

20,660

29,323

10,657

15,818

22,623

30,041

12,654

12,362

23,808

28,587

12,139

3,904

5,057

22,371

11,437

8,282

14,533

30,042

20,560

17,103

22,346

43,803

18,205

17,047

6,828

27,530

19,023

15,906

14,894

22,587

10,344

16,524

NET EARNINGS FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,655

27,826

LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19

-76

Net Income (Loss) Attributable to Parent

-280,005

-107,057

39,801

42,650

56,078

61,743

43,720

38,501

52,246

177,560

25,341

36,335

53,300

21,631

29,464

38,501

49,687

21,726

24,194

40,546

49,243

22,094

9,295

8,505

38,339

22,674

21,138

25,854

51,000

36,632

28,941

36,244

71,226

30,534

28,045

10,799

44,389

30,787

26,179

24,435

36,975

24,636

27,750

(LOSS) EARNINGS PER SHARE
Basic (in dollars per share)

-4.19

-1.58

0.59

0.63

0.83

0.90

0.64

0.55

0.75

2.51

0.36

0.51

0.75

0.31

0.41

0.53

0.68

0.30

0.33

0.56

0.68

0.30

0.13

0.12

0.53

0.30

0.28

0.34

0.67

0.48

0.38

0.48

0.94

0.41

0.36

0.14

0.55

-

0.32

0.30

-

-

-

Assuming Dilution (in dollars per share)

-4.19

-1.56

0.58

0.62

0.82

0.89

0.62

0.54

0.73

2.46

0.35

0.51

0.74

0.30

0.40

0.53

0.68

0.29

0.33

0.56

0.68

0.30

0.13

0.12

0.53

0.29

0.28

0.34

0.67

0.48

0.38

0.47

0.92

0.39

0.36

0.13

0.55

-

0.32

0.30

-

-

-

CASH DIVIDENDS DECLARED PER SHARE:
Common Stock (in dollars per share)

0.04

-

0.03

0.03

0.03

-

0.03

0.03

0.03

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.01

0.01

0.01

-

0.01

0.01

0.01

-

0.01

0.01

0.01

-

0.01

0.01

0.01

0.01

0.01

WEIGHTED AVERAGE SHARES OUTSTANDING:
Weighted Average Number of Shares Outstanding, Basic

66,822

-

67,400

67,687

67,294

-

68,819

69,645

70,105

-

70,746

70,686

71,318

-

72,608

72,761

72,634

-

72,586

72,572

72,517

-

72,340

72,246

72,467

-

76,101

75,901

75,760

-

75,828

75,927

75,971

-

77,133

79,686

80,089

-

81,070

81,479

81,399

81,366

81,176

Weighted Average Number of Shares Outstanding, Diluted

66,822

-

68,652

68,793

68,773

-

70,139

70,837

72,018

-

72,095

71,697

72,386

-

73,199

73,279

73,217

-

73,076

72,965

72,855

-

72,660

72,598

72,884

-

76,676

76,589

76,574

-

76,918

76,979

77,032

-

78,340

80,899

81,096

-

81,695

82,309

82,148

82,050

82,074

EARNINGS PER SHARE FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

0.30

0.34

EARNINGS PER SHARE FROM CONTINUING OPERATIONS ASSUMING DILUTION

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

0.30

0.34

LOSS PER SHARE FROM DISCONTINUED OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

LOSS PER SHARE FROM DISCONTINUED OPERATIONS ASSUMING DILUTION

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

Lease Revenues and Fees
Revenues

1,047,913

939,993

906,776

907,565

944,157

909,542

880,871

845,938

870,067

-

-

-

743,622

676,667

673,869

688,677

741,611

666,574

661,856

660,472

695,282

614,809

594,455

552,494

459,816

418,173

425,734

436,688

468,104

411,827

414,490

414,968

435,106

376,827

370,350

371,107

398,224

349,559

340,848

344,949

366,697

320,603

324,111

Retail Sales
Revenues

9,531

7,913

8,854

8,898

12,809

8,543

7,620

6,592

8,516

-

-

-

8,778

5,872

6,131

6,460

10,955

6,817

6,988

7,073

11,994

7,337

8,094

8,419

14,510

8,258

9,315

8,884

14,419

8,336

7,912

8,459

13,748

8,066

8,298

8,187

14,006

7,778

8,362

9,330

15,086

8,846

9,490

Costs of Sales

6,862

3,999

5,742

5,651

8,632

5,124

4,877

4,156

5,662

-

-

-

5,391

3,530

4,093

3,892

7,065

3,950

4,537

4,849

7,704

4,641

5,409

5,478

9,013

5,023

5,681

5,287

8,327

4,488

4,696

4,700

7,724

4,462

4,872

4,805

8,480

3,985

4,415

5,651

8,962

5,283

5,814

Non-Retail Sales
Revenues

26,846

38,760

31,085

34,124

36,981

56,003

44,368

53,661

53,230

-

-

-

69,327

90,182

67,349

72,610

79,305

127,943

81,708

84,449

96,037

109,334

78,503

83,893

91,625

109,140

84,412

86,785

90,955

126,755

87,221

96,376

115,563

117,806

86,100

84,607

100,447

108,332

84,301

73,564

96,076

69,501

67,835

Costs of Sales

23,581

30,172

24,913

28,948

29,196

43,878

35,214

47,068

48,020

-

-

-

62,085

80,923

60,316

63,984

71,385

114,895

73,567

76,463

86,852

99,520

71,403

76,227

82,907

99,246

76,792

79,088

82,455

114,219

79,681

88,580

104,882

105,169

78,508

77,121

91,089

99,189

76,209

68,157

87,363

63,503

62,496

Franchise Royalties and Fees
Revenues

6,724

7,533

8,087

8,605

9,207

9,675

10,153

12,125

12,862

-

-

-

14,201

13,385

13,898

14,772

16,295

15,438

15,574

15,491

17,004

15,755

15,838

16,225

18,084

17,011

16,530

16,834

18,200

17,027

15,981

16,142

17,505

15,847

15,889

15,176

16,343

15,501

14,537

14,147

14,927

12,881

12,920

Interest and Fees on Loans Receivable
Revenues

9,908

9,103

8,687

8,610

8,646

9,060

9,508

9,208

9,542

-

-

-

8,201

7,535

6,480

5,302

4,763

2,845

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Revenues

352

302

319

339

303

361

551

335

592

-

-

-

425

1,313

1,255

1,532

1,498

1,582

1,568

1,564

1,497

1,467

1,528

1,459

1,388

1,270

1,233

1,354

1,332

-5,243

3,906

2,674

4,074

-6,064

4,094

3,623

3,645

2,750

4,102

3,009

2,483

3,428

2,954