Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
Financial Highlights
In thousands, except per share data
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||
| Revenues | $ | 6,616,632 | 6,564,721 | 6,080,257 | 5,992,215 | 6,161,537 | ||||||||||
| Net revenues1 | 2,187,777 | 1,981,427 | 1,882,853 | 1,835,370 | 1,907,516 | |||||||||||
| Net earnings attributable to shareholders | 457,223 | 376,888 | 348,526 | 333,360 | 385,679 | |||||||||||
| Diluted earnings attributable to shareholders per share | 2.40 | 1.92 | 1.68 | 1.57 | 1.79 | |||||||||||
| Basic earnings attributable to shareholders per share | 2.42 | 1.92 | 1.69 | 1.58 | 1.82 | |||||||||||
| Dividends declared and paid per common share | 0.72 | 0.64 | 0.60 | 0.56 | 0.50 | |||||||||||
| Cash used for dividends | 135,673 | 124,634 | 123,292 | 117,263 | 106,011 | |||||||||||
| Cash used for share repurchases | 629,991 | 550,781 | 261,936 | 302,414 | 112,071 | |||||||||||
| Working capital | 1,131,997 | 1,305,467 | 1,545,069 | 1,515,041 | 1,490,738 | |||||||||||
| Total assets | 2,582,438 | 2,890,905 | 3,014,812 | 2,954,125 | 2,866,827 | |||||||||||
| Shareholders’ equity | 1,691,993 | 1,868,408 | 2,084,783 | 2,027,699 | 2,003,638 | |||||||||||
| Weighted average diluted shares outstanding | 190,223 | 196,768 | 206,895 | 211,935 | 215,034 | |||||||||||
| Weighted average basic shares outstanding | 188,941 | 196,147 | 205,995 | 210,423 | 212,118 |
1Non-GAAP measure calculated as revenues less directly related operating expenses attributable to the Company's principal services.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS UNDER PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995; CERTAIN CAUTIONARY STATEMENTS
This Annual Report on Form 10-K for the fiscal year ended December 31, 2015 contains “forward-looking statements,” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. From time to time, the Company or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but not limited to, press releases, presentations, oral statements made with the approval of an authorized executive officer or in various filings made by the Company with the Securities and Exchange Commission. Statements including those preceded by, followed by or that include the words or phrases “will likely result”, “are expected to”, "would expect", "would not expect", “will continue”, “is anticipated”, “estimate”, “project”, "plan", "believe", "probable", "reasonably possible" "may", "could", "should", "intends", "foreseeable future" or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are qualified in their entirety by reference to and are accompanied by the discussion in Item 1A of certain important factors that could cause actual results to differ materially from such forward-looking statements.
The risks included in Item 1A are not exhaustive. Furthermore, reference is also made to other sections of this report which include additional factors which could adversely impact the Company’s business and financial performance. Moreover, the Company operates in a very competitive and rapidly changing global environment. New risk factors emerge from time to time and it is not possible for management to predict all of such risk factors, nor can it assess the impact of all of such risk factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, forward-looking statements cannot be relied upon as a guarantee of actual results.
Shareholders should be aware that while the Company does, from time to time, communicate with securities analysts, it is against the Company’s policy to disclose to such analysts any material non-public information or other confidential commercial information. Accordingly, shareholders should not assume that the Company agrees with any statement or report issued by any analyst irrespective of the content of such statement or report. Furthermore, the Company has a policy against issuing financial forecasts or projections or confirming the accuracy of forecasts or projections issued by others. Accordingly, to the extent that reports issued by securities analysts contain any projections, forecasts or opinions, such reports are not the responsibility of the Company.
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