Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
This table includes selected financial data for the last five years (amounts in thousands, except per share amounts and operating data for employees). This financial data should be read together with our consolidated financial statements and related notes, Management’s Discussion and Analysis of Financial Condition and Results of Operations, and other financial data appearing elsewhere in this report.
| STATEMENT OF OPERATIONS DATA | |||||||||||||||||||
| Year Ended December 31, | 2016 | 2015 | 2014 | 2013 | 2012 (1) | ||||||||||||||
| Total revenues | $ | 13,144,413 | $ | 13,476,084 | $ | 13,470,067 | $ | 12,752,076 | $ | 11,359,113 | |||||||||
| Net revenues | 2,277,528 | 2,268,480 | 2,007,652 | 1,836,095 | 1,717,571 | ||||||||||||||
| Income from operations | 837,531 | 858,310 | 748,418 | 682,650 | 675,320 | ||||||||||||||
| Net income | 513,384 | 509,699 | 449,711 | 415,904 | 593,804 | ||||||||||||||
| Net income per share | |||||||||||||||||||
| Basic | $ | 3.60 | $ | 3.52 | $ | 3.06 | $ | 2.65 | $ | 3.68 | |||||||||
| Diluted | $ | 3.59 | $ | 3.51 | $ | 3.05 | $ | 2.65 | $ | 3.67 | |||||||||
| Weighted average number of shares outstanding (in thousands) | |||||||||||||||||||
| Basic | 142,706 | 144,967 | 147,202 | 156,915 | 161,557 | ||||||||||||||
| Diluted | 142,991 | 145,349 | 147,542 | 157,080 | 161,946 | ||||||||||||||
| Dividends per share | $ | 1.74 | $ | 1.57 | $ | 1.43 | $ | 1.40 | $ | 1.34 | |||||||||
| BALANCE SHEET DATA | |||||||||||||||||||
| As of December 31, | |||||||||||||||||||
| Working capital | $ | 162,384 | $ | 282,101 | $ | 529,599 | $ | 394,504 | $ | 440,073 | |||||||||
| Total assets | 3,687,758 | 3,184,358 | 3,214,338 | 2,802,818 | 2,804,225 | ||||||||||||||
| Current portion of debt | 740,000 | 450,000 | 605,000 | 375,000 | 253,646 | ||||||||||||||
| Long-term notes payable | 500,000 | 500,000 | 500,000 | 500,000 | — | ||||||||||||||
| Stockholders’ investment | 1,257,847 | 1,150,450 | 1,047,015 | 939,724 | 1,504,372 | ||||||||||||||
| OPERATING DATA | |||||||||||||||||||
| As of December 31, | |||||||||||||||||||
| Employees | 14,125 | 13,159 | 11,521 | 11,676 | 10,929 |
| (1) | The company’s results for 2012 were effected by certain significant event-specific charges or credits related to our acquisitions and divestitures. The adjustment to income from operations includes $34.6 million of personnel expense and $10.6 million of other selling, general, and administrative expenses. Adjustments to personnel expense include $33.0 million in incremental vesting expense of our equity awards triggered by the gain on the divestiture of T-Chek Systems, Inc., (“T-Chek”) and $1.4 million of transaction-related bonuses. Adjustments to other selling, general, and administrative expenses include amounts paid to third parties for investment banking, legal, and accounting fees related to acquisitions and divestitures. The adjustment to interest and other (expense) income reflects the gain from the divestiture of T-Chek. |
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