Cabela's 2007 Annual Report Download - page 30

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24
ITEM 6. SELECTED FINANCIAL DATA
Fiscal Year (1)
2007 2006 2005 2004 2003
(In Thousands Except Earnings per Share)
Operations Data:
Revenue:
Merchandise revenue .............. $2,173,995 $1,908,801 $1,664,272 $1,474,415 $1,336,910
Financial services revenue .......... 159,335 137,423 105,831 69,060 49,823
Other revenue ................... 16,269 17,300 29,558 12,499 5,690
Total revenue ................. 2,349,599 2,063,524 1,799,661 1,555,974 1,392,423
Cost of revenue ..................... 1,378,386 1,204,399 1,064,322 925,665 821,399
Selling, distribution, and
administrative expenses............ 820,121 715,380 620,376 533,094 479,964
Operating income ................... 151,092 143,745 114,963 97,215 91,060
Interest (expense) income, net .......... (18,778) (16,126) (10,256) (7,577) (10,750)
Other income ....................... 6,913 9,637 10,663 10,443 5,612
Income before provision for
income taxes..................... 139,227 137,256 115,370 100,081 85,922
Provision for income taxes ............ 51,348 51,471 42,801 35,085 30,577
Net income available to common
stockholders .................... $ 87,879 $ 85,785 $ 72,569 $ 64,996 $ 55,345
Basic earnings per share .............. $ 1.34 $ 1.32 $ 1.12 $ 1.06 $ 1.06
Diluted earnings per share............. $ 1.31 $ 1.29 $ 1.10 $ 1.03 $ 1.00
Selected Balance Sheet Data:
Cash and cash equivalents (2) .......... $ 131,182 $ 172,903 $ 86,923 $ 123,934 $ 112,656
Working capital (2) .................. 263,284 335,387 145,559 274,746 234,709
Total assets......................... 2,212,830 1,751,230 1,366,280 1,228,231 969,682
Total debt .......................... 503,385 317,873 119,826 148,152 142,651
Total stockholders’ equity ............. 828,559 733,858 639,853 566,354 376,469
Other Data:
Depreciation and amortization ......... $ 59,863 $ 45,559 $ 34,912 $ 29,843 $ 26,715
Property and equipment additions
including accrued amounts ......... 364,326 190,592 203,157 52,568 72,972
Purchases of economic development
bonds .......................... 36,223 23,397 65,077 74,492 18,201
(1) Fiscal years are based on the 52-53 week period ending on the Saturday closest to December 31. Fiscal 2007,
2006, 2005 and 2004 each consisted of 52 weeks and fiscal 2003 consisted of 53 weeks.
(2) Cash and cash equivalents includes amounts for World’s Foremost Bank which were $123 million, $53 million,
$81 million, $58 million, and $77 million at years ended 2007, 2006, 2005, 2004 and 2003. Due to regulatory
restrictions, our ability to use this cash for non-banking operations, including for working capital for our Retail
or Direct businesses or for retail store expansion, is limited.