Cabela's 2009 Annual Report Download - page 39

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30
ITEM 6. SELECTED FINANCIAL DATA
Fiscal Year (1)
2009 2008 2007 2006 2005
(In Thousands Except Earnings per Share)
Operations Data:
Revenue:
Merchandise revenue $ 2,447,635 $2,380,655 $2,173,995 $1,908,801 $ 1,664,272
Financial services revenue 171,414 158,971 159,335 137,423 105,831
Other revenue 13,191 13,095 16,269 17,300 29,558
Total revenue 2,632,240 2,552,721 2,349,599 2,063,524 1,799,661
Cost of revenue 1,602,621 1,540,214 1,378,386 1,204,399 1,064,322
Selling, distribution, and
administrative expenses 870,147 865,684 818,916 715,380 620,376
Impairment and restructuring charges 66,794 5,784 1,205 - -
Operating income 92,678 141,039 151,092 143,745 114,963
Interest (expense) income, net (23,109)(29,658)(18,778)(16,126)(10,256)
Other income 6,955 6,854 6,913 9,637 10,663
Income before provision for income taxes 76,524 118,235 139,227 137,256 115,370
Provision for income taxes 26,907 41,831 51,348 51,471 42,801
Net income available to
common stockholders $ 49,617 $76,404 $87,879 $85,785 $72,569
Basic earnings per share $ 0.74 $1.15 $1.34 $1.32 $1.12
Diluted earnings per share $ 0.74 $1.14 $1.31 $1.29 $1.10
Selected Balance Sheet Data:
Cash and cash equivalents (2) $ 582,185 $410,104 $131,182 $172,903 $86,923
Working capital (2) 619,354 573,410 263,284 335,387 145,559
Total assets 2,491,885 2,396,066 2,212,830 1,751,230 1,366,280
Total debt 348,279 380,031 503,385 317,873 119,826
Total stockholders’ equity 984,421 913,705 828,559 733,858 639,853
Other Data:
Depreciation and amortization $ 70,566 $64,673 $59,863 $45,559 $ 34,912
Property and equipment additions
including accrued amounts 49,817 54,934 364,326 190,592 203,157
Purchases of economic
development bonds - 18,525 36,223 23,397 65,077
(1) Fiscal years are based on the 52-53 week period ending on the Saturday closest to December 31. Fiscal 2009
consisted of 53 weeks and fiscal 2008, 2007, 2006, and 2005 each consisted of 52 weeks.
(2) Cash and cash equivalents includes amounts for World’s Foremost Bank which were $371 million, $402
million, $123 million, $53 million, and $81 million at years ended 2009, 2008, 2007, 2006, and 2005. Our
ability to use this cash for non-banking operations, including its use as working capital for our Retail or
Direct businesses, or for retail store expansion, is limited by regulatory restrictions.