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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Store        
Rentals and fees $ 678,190 $ 671,334 $ 2,056,492 $ 2,013,885
Merchandise sales 58,477 53,808 226,148 227,171
Installment sales 18,089 17,474 54,499 52,138
Other 6,384 4,483 14,376 14,244
Total store revenues 761,140 747,099 2,351,515 2,307,438
Franchise        
Merchandise sales 6,524 6,396 19,811 23,072
Royalty income and fees 1,861 1,285 5,162 4,062
Total revenues 769,525 754,780 2,376,488 2,334,572
Store        
Cost of rentals and fees 177,208 170,979 532,590 507,826
Cost of merchandise sold 47,569 42,344 174,299 175,903
Cost of installment sales 6,134 5,983 18,874 18,141
Total cost of store revenues 230,911 219,306 725,763 701,870
Vendor settlement credit (7,072) 0 (7,072) 0
Franchise        
Franchise cost of merchandise sold 6,247 6,142 18,984 22,072
Total cost of revenues 230,086 225,448 737,675 723,942
Gross profit 539,439 529,332 1,638,813 1,610,630
Operating expenses        
Salaries and other expenses 443,874 435,866 1,345,303 1,281,922
General and administrative expenses 41,617 37,054 132,471 114,227
Amortization and write-down of intangibles 1,382 639 4,174 2,694
Other (gains) and charges 7,743 0 12,120 0
Total operating expenses 494,616 473,559 1,494,068 1,398,843
Operating profit 44,823 55,773 144,745 211,787
Finance charges from refinancing 0 0 1,946 0
Interest expense 11,981 10,916 35,178 28,773
Interest income (200) (183) (681) (659)
Earnings before income taxes 33,042 45,040 108,302 183,673
Income tax expense 7,736 17,875 36,606 68,499
NET EARNINGS $ 25,306 $ 27,165 $ 71,696 $ 115,174
Basic earnings per common share $ 0.48 $ 0.51 $ 1.36 $ 2.08
Diluted earnings per common share $ 0.48 $ 0.50 $ 1.35 $ 2.06
Cash dividends declared per common share $ 0.23 $ 0.21 $ 0.69 $ 0.63