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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Store        
Rentals and fees $ 684,134 $ 668,947 $ 1,378,302 $ 1,342,551
Merchandise sales 59,610 59,790 167,671 173,363
Installment sales 18,054 17,537 36,410 34,664
Other 3,734 5,001 7,992 9,761
Store revenues 765,532 751,275 1,590,375 1,560,339
Franchise        
Merchandise sales 5,963 7,843 13,287 16,676
Royalty income and fees 1,722 1,393 3,301 2,777
Revenues 773,217 760,511 1,606,963 1,579,792
Store        
Cost of rentals and fees 177,512 168,928 355,382 336,847
Cost of merchandise sold 47,113 47,260 126,730 133,559
Cost of installment sales 6,358 6,189 12,740 12,158
Cost of store revenues 230,983 222,377 494,852 482,564
Franchise        
Franchise cost of merchandise sold 5,737 7,514 12,737 15,930
Cost of revenues 236,720 229,891 507,589 498,494
Gross profit 536,497 530,620 1,099,374 1,081,298
Operating expenses        
Salaries and other expenses 443,799 413,865 901,429 846,056
General and administrative expenses 46,117 38,360 90,854 77,173
Amortization and write-down of intangibles 2,045 1,165 2,792 2,055
Restructuring charge 4,377 0 4,377 0
Total operating expenses 496,338 453,390 999,452 925,284
Operating profit 40,159 77,230 99,922 156,014
Finance charges from refinancing 0 0 1,946 0
Interest expense 11,796 9,856 23,197 17,857
Interest income (245) (183) (481) (476)
Earnings before income taxes 28,608 67,557 75,260 138,633
Income tax expense 11,075 25,681 28,870 50,624
NET EARNINGS $ 17,533 $ 41,876 $ 46,390 $ 88,009
Basic earnings per common share $ 0.33 $ 0.76 $ 0.88 $ 1.56
Diluted earnings per common share $ 0.33 $ 0.76 $ 0.87 $ 1.55
Cash dividends declared per common share $ 0.23 $ 0.21 $ 0.46 $ 0.42