|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Years Ended (A) |
|
|
2009 |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
2004 |
|
2003 |
|
2002 |
|
2001 |
|
2000 |
|
1999 |
Return on Beginning Assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Earnings |
|
$ |
71,543 |
|
|
$ |
95,654 |
|
|
$ |
90,659 |
|
|
$ |
82,710 |
|
|
$ |
76,393 |
|
|
$ |
63,997 |
|
|
$ |
54,552 |
|
|
$ |
46,601 |
|
|
$ |
41,893 |
|
|
$ |
40,237 |
|
|
$ |
35,412 |
|
Divided by Beginning Assets |
|
|
957,882 |
|
|
|
739,135 |
|
|
|
727,516 |
|
|
|
675,272 |
|
|
|
627,797 |
|
|
|
538,237 |
|
|
|
546,119 |
|
|
|
530,617 |
|
|
|
501,930 |
|
|
|
472,991 |
|
|
|
305,766 |
|
Equals Return on Beginning Assets |
|
|
7.5 |
% |
|
|
12.9 |
% |
|
|
12.5 |
% |
|
|
12.2 |
% |
|
|
12.2 |
% |
|
|
11.9 |
% |
|
|
10.0 |
% |
|
|
8.8 |
% |
|
|
8.3 |
% |
|
|
8.5 |
% |
|
|
11.6 |
% |
Return on Beginning Shareholders Equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Earnings |
|
$ |
71,543 |
|
|
$ |
95,654 |
|
|
$ |
90,659 |
|
|
$ |
82,710 |
|
|
$ |
76,393 |
|
|
$ |
63,997 |
|
|
$ |
54,552 |
|
|
$ |
46,601 |
|
|
$ |
41,893 |
|
|
$ |
40,237 |
|
|
$ |
35,412 |
|
Divided by Beginning Shareholders Equity |
|
|
651,759 |
|
|
|
555,730 |
|
|
|
537,509 |
|
|
|
482,833 |
|
|
|
428,462 |
|
|
|
370,392 |
|
|
|
315,461 |
|
|
|
274,261 |
|
|
|
242,093 |
|
|
|
210,718 |
|
|
|
186,807 |
|
Equals Return on Beginning Shareholders Equity |
|
|
11.0 |
% |
|
|
17.2 |
% |
|
|
16.9 |
% |
|
|
17.1 |
% |
|
|
17.8 |
% |
|
|
17.3 |
% |
|
|
17.3 |
% |
|
|
17.0 |
% |
|
|
17.3 |
% |
|
|
19.1 |
% |
|
|
19.0 |
% |
Dividend Payout to Net Earnings
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends Paid |
|
$ |
18,682 |
|
|
$ |
16,845 |
|
|
$ |
15,024 |
|
|
$ |
14,203 |
|
|
$ |
13,385 |
|
|
$ |
12,834 |
|
|
$ |
12,406 |
|
|
$ |
11,975 |
|
|
$ |
11,575 |
|
|
$ |
11,207 |
|
|
$ |
10,814 |
|
Divided by Net Earnings |
|
|
71,543 |
|
|
|
95,654 |
|
|
|
90,659 |
|
|
|
82,710 |
|
|
|
76,393 |
|
|
|
63,997 |
|
|
|
54,552 |
|
|
|
46,601 |
|
|
|
41,893 |
|
|
|
40,237 |
|
|
|
35,412 |
|
Equals Dividend Payout to Net Earnings |
|
|
26.1 |
% |
|
|
17.6 |
% |
|
|
16.6 |
% |
|
|
17.2 |
% |
|
|
17.5 |
% |
|
|
20.1 |
% |
|
|
22.7 |
% |
|
|
25.7 |
% |
|
|
27.6 |
% |
|
|
27.9 |
% |
|
|
30.5 |
% |
Debt to Capitalization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Debt |
|
$ |
99 |
|
|
$ |
128 |
|
|
$ |
94 |
|
|
$ |
58 |
|
|
$ |
233 |
|
|
$ |
420 |
|
|
$ |
674 |
|
|
$ |
68,456 |
|
|
$ |
5,579 |
|
|
$ |
5,482 |
|
|
$ |
5,440 |
|
Long Term Debt |
|
|
52,096 |
|
|
|
83,822 |
|
|
|
17,329 |
|
|
|
15,946 |
|
|
|
16,009 |
|
|
|
24,130 |
|
|
|
16,913 |
|
|
|
22,648 |
|
|
|
135,203 |
|
|
|
141,486 |
|
|
|
145,981 |
|
Total Debt |
|
$ |
52,195 |
|
|
$ |
83,950 |
|
|
$ |
17,423 |
|
|
$ |
16,004 |
|
|
$ |
16,242 |
|
|
$ |
24,550 |
|
|
$ |
17,587 |
|
|
$ |
91,104 |
|
|
$ |
140,782 |
|
|
$ |
146,968 |
|
|
$ |
151,421 |
|
Ending Shareholders Equity |
|
|
686,619 |
|
|
|
651,759 |
|
|
|
555,730 |
|
|
|
537,509 |
|
|
|
482,833 |
|
|
|
428,462 |
|
|
|
370,392 |
|
|
|
315,461 |
|
|
|
274,261 |
|
|
|
242,093 |
|
|
|
210,718 |
|
Equals Capitalization |
|
$ |
738,814 |
|
|
$ |
735,709 |
|
|
$ |
573,153 |
|
|
$ |
553,513 |
|
|
$ |
499,075 |
|
|
$ |
453,012 |
|
|
$ |
387,979 |
|
|
$ |
406,565 |
|
|
$ |
415,043 |
|
|
$ |
389,061 |
|
|
$ |
362,139 |
|
Debt |
|
$ |
52,195 |
|
|
$ |
83,950 |
|
|
$ |
17,423 |
|
|
$ |
16,004 |
|
|
$ |
16,242 |
|
|
$ |
24,550 |
|
|
$ |
17,587 |
|
|
$ |
91,104 |
|
|
$ |
140,782 |
|
|
$ |
146,968 |
|
|
$ |
151,421 |
|
Divided by Capitalization |
|
|
738,814 |
|
|
|
735,709 |
|
|
|
573,153 |
|
|
|
553,513 |
|
|
|
499,075 |
|
|
|
453,012 |
|
|
|
387,979 |
|
|
|
406,565 |
|
|
|
415,043 |
|
|
|
389,061 |
|
|
|
362,139 |
|
Equals Debt to Capitalization |
|
|
7.1 |
% |
|
|
11.4 |
% |
|
|
3.0 |
% |
|
|
2.9 |
% |
|
|
3.3 |
% |
|
|
5.4 |
% |
|
|
4.5 |
% |
|
|
22.4 |
% |
|
|
33.9 |
% |
|
|
37.8 |
% |
|
|
41.8 |
% |
Working Capital
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
$ |
448,528 |
|
|
$ |
432,571 |
|
|
$ |
371,920 |
|
|
$ |
380,340 |
|
|
$ |
324,933 |
|
|
$ |
303,990 |
|
|
$ |
257,402 |
|
|
$ |
259,746 |
|
|
$ |
244,350 |
|
|
$ |
230,479 |
|
|
$ |
227,670 |
|
Less Current Liabilities |
|
|
131,942 |
|
|
|
143,503 |
|
|
|
114,171 |
|
|
|
118,428 |
|
|
|
121,470 |
|
|
|
126,272 |
|
|
|
111,373 |
|
|
|
174,255 |
|
|
|
94,931 |
|
|
|
97,826 |
|
|
|
97,475 |
|
Equals Working Capital |
|
$ |
316,586 |
|
|
$ |
289,068 |
|
|
$ |
257,749 |
|
|
$ |
261,912 |
|
|
$ |
203,463 |
|
|
$ |
177,718 |
|
|
$ |
146,029 |
|
|
$ |
85,491 |
|
|
$ |
149,419 |
|
|
$ |
132,653 |
|
|
$ |
130,195 |
|
Current Ratio
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
$ |
448,528 |
|
|
$ |
432,571 |
|
|
$ |
371,920 |
|
|
$ |
380,340 |
|
|
$ |
324,933 |
|
|
$ |
303,990 |
|
|
$ |
257,402 |
|
|
$ |
259,746 |
|
|
$ |
244,350 |
|
|
$ |
230,479 |
|
|
$ |
227,670 |
|
Divided by Current Liabilities |
|
|
131,942 |
|
|
|
143,503 |
|
|
|
114,171 |
|
|
|
118,428 |
|
|
|
121,470 |
|
|
|
126,272 |
|
|
|
111,373 |
|
|
|
174,255 |
|
|
|
94,931 |
|
|
|
97,826 |
|
|
|
97,475 |
|
Equals Current Ratio |
|
|
3.4 |
|
|
|
3.0 |
|
|
|
3.3 |
|
|
|
3.2 |
|
|
|
2.7 |
|
|
|
2.4 |
|
|
|
2.3 |
|
|
|
1.5 |
|
|
|
2.6 |
|
|
|
2.4 |
|
|
|
2.3 |
|