Item 6. Selected Financial Data
4K characters. Original on sec.gov · Markdown
Item 6. Selected Financial Data
Eleven Year Financial Summary
(In thousands except per share and percentage data)
| Years Ended May 31, | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 10-Year Compd Growth | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $ | 1,476,945 | 1,751,568 | 1,901,991 | 2,160,700 | 2,271,052 | 2,686,585 | 2,814,059 | 3,067,283 | 3,403,608 | 3,706,900 | 3,937,900 | 10.3% | (3) | ||||||||||||||||||||||||||
| Net Income | $ | 130,797 | 136,796 | 190,386 | 218,665 | 229,466 | 243,191 | 265,078 | 292,547 | 323,382 | 334,538 | 335,405 | 9.9% | |||||||||||||||||||||||||||
| Pro Forma Net Income (1) | $ | 125,847 | 136,796 | 190,386 | 218,665 | 229,466 | 243,191 | 265,078 | 292,547 | 323,382 | 334,538 | 335,405 | 10.3% | |||||||||||||||||||||||||||
| Basic EPS | $ | 0.81 | 0.83 | 1.14 | 1.30 | 1.35 | 1.43 | 1.55 | 1.70 | 1.93 | 2.09 | 2.15 | 10.3% | |||||||||||||||||||||||||||
| Diluted EPS | $ | 0.80 | 0.81 | 1.12 | 1.27 | 1.33 | 1.41 | 1.54 | 1.69 | 1.92 | 2.09 | 2.15 | 10.4% | |||||||||||||||||||||||||||
| Pro Forma Basic EPS (1) | $ | 0.78 | 0.83 | 1.14 | 1.30 | 1.35 | 1.43 | 1.55 | 1.70 | 1.93 | 2.09 | 2.15 | 10.7% | |||||||||||||||||||||||||||
| Pro Forma Diluted EPS (1) | $ | 0.77 | 0.81 | 1.12 | 1.27 | 1.33 | 1.41 | 1.54 | 1.69 | 1.92 | 2.09 | 2.15 | 10.8% | |||||||||||||||||||||||||||
| Dividends Per Share | $ | 0.12 | 0.15 | 0.19 | 0.22 | 0.25 | 0.27 | 0.29 | 0.32 | 0.35 | 0.39 | 0.46 | 14.4% | |||||||||||||||||||||||||||
| Total Assets | $ | 1,305,400 | 1,407,818 | 1,581,342 | 1,752,224 | 2,519,234 | 2,582,946 | 2,810,297 | 3,059,744 | 3,425,237 | 3,570,480 | 3,808,601 | 11.3% | |||||||||||||||||||||||||||
| Shareholders’ Equity | $ | 756,799 | 871,433 | 1,042,896 | 1,231,346 | 1,423,814 | 1,646,418 | 1,888,093 | 2,104,574 | 2,090,192 | 2,167,738 | 2,254,131 | 11.5% | |||||||||||||||||||||||||||
| Return on Average Equity (2) | 17.9% | 16.8% | 19.9% | 19.2% | 17.3% | 15.8% | 15.0% | 14.7% | 15.4% | 15.7% | 15.2% | |||||||||||||||||||||||||||||
| Long-Term Debt | $ | 307,633 | 283,581 | 254,378 | 220,940 | 703,250 | 534,763 | 473,685 | 465,291 | 794,454 | 877,074 | 942,736 |
| (1) | Results for 1998 were adjusted on a pro forma basis to reflect the true tax impact of Uniforms To You as if it had been reported as a C Corporation prior to the merger with Cintas. |
|---|---|
| (2) | Return on average equity using pro forma net income. Return on average equity is computed as net income divided by the average of shareholders’ equity. We believe that this calculation gives management and shareholders a good indication of Cintas’ historical performance. |
| (3) | Represents the 10-year compound annual growth rate based on revenue as restated for pooling of interests transactions noted above. |
Previous: Item 5. Market for Registrant’s Common Equity, · Next: Item 7. Management’s Discussion and Analysis
Sponsor Sponsor this sector. One slot per industry, shown on every filing in it. Details