Item 6. Selected Financial Data
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Item 6. Selected Financial Data
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The following selected operating and balance sheet data, as of and for the years ended July 31, 2008, 2007, and 2006 have been derived from the audited consolidated financial statements of the Company. The following selected operating and balance sheet data, as of and for the years ended July 31, 2005 and 2004 have been derived from audited consolidated financial statements of the Company. The selected consolidated financial data should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Company's consolidated financial statements and the notes thereto.
| Fiscal Year Ending July 31, | ||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||
| (In 000's except per share and other data) | ||||||||||||||||||
| Operating Data | ||||||||||||||||||
| Revenues | $ | 784,848 | $ | 560,680 | $ | 528,571 | $ | 447,731 | $ | 391,014 | ||||||||
| Operating Income | 237,917 | 203,145 | 171,562 | 156,436 | 124,461 | |||||||||||||
| Income from continuing operations before income taxes | 249,650 | 217,421 | 174,522 | 164,595 | 129,921 | |||||||||||||
| Income tax expense | (92,718 | ) | (81,083 | ) | (61,862 | ) | (62,772 | ) | (50,929 | ) | ||||||||
| Income from continuing operations | 156,932 | 136,338 | 112,660 | 101,823 | 78,992 | |||||||||||||
| Income (loss) from discontinued operations, net of income tax effects | — | — | (15,713 | ) | 293 | 228 | ||||||||||||
| Net income | 156,932 | 136,338 | 96,947 | 102,116 | 79,220 | |||||||||||||
| Basic per share amounts: | ||||||||||||||||||
| Income from continuing operations | $ | 1.80 | $ | 1.50 | $ | 1.24 | $ | 1.13 | $ | 0.89 | ||||||||
| Discontinued operations | $ | — | $ | — | $ | (0.17 | ) | $ | — | $ | — | |||||||
| Net income per share | $ | 1.80 | $ | 1.50 | $ | 1.07 | $ | 1.13 | $ | 0.89 | ||||||||
| Weighted average shares | 87,412 | 90,651 | 90,372 | 90,162 | 89,457 | |||||||||||||
| Diluted per share amounts: | ||||||||||||||||||
| Income from continuing operations | $ | 1.75 | $ | 1.46 | $ | 1.21 | $ | 1.10 | $ | 0.87 | ||||||||
| Discontinued operations | $ | — | $ | — | $ | (0.17 | ) | $ | — | $ | — | |||||||
| Net income per share | $ | 1.75 | $ | 1.46 | $ | 1.04 | $ | 1.10 | $ | 0.87 | ||||||||
| Weighted average shares | 89,858 | 93,455 | 92,925 | 92,984 | 91,537 | |||||||||||||
| Balance Sheet Data | ||||||||||||||||||
| Cash, cash equivalents and short-term investments | $ | 38,954 | $ | 210,246 | $ | 279,850 | $ | 253,643 | $ | 199,141 | ||||||||
| Working capital | $ | 84,501 | $ | 247,850 | $ | 328,017 | $ | 293,696 | $ | 228,535 | ||||||||
| Total assets | $ | 956,247 | $ | 1,014,600 | $ | 899,240 | $ | 793,884 | $ | 692,981 | ||||||||
| Total debt | $ | 2,240 | $ | 2,793 | $ | — | $ | — | $ | 16 | ||||||||
| Shareholders' equity | $ | 798,996 | $ | 880,866 | $ | 809,970 | $ | 709,379 | $ | 602,263 | ||||||||
| Other Data | ||||||||||||||||||
| Number of storage facilities | 143 | 131 | 122 | 117 | 107 |
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