Rent-A-Center Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total revenue of $737,482,000 against $677,090,000 for the same period a year ago. Operating profit was $81,790,000 against $62,842,000 for the same period a year ago. Earnings before income taxes were $72,885,000 against $51,443,000 for the same period a year ago. Net earnings were $49,295,000 or $0.83 diluted per share against $31,854,000 or $0.49 diluted per share for the same period a year ago. This 8.9% growth in total revenues was primarily due to an increase in revenue driven by the RAC Acceptance business, partially offset by a reduction in revenue due to the discontinuation of the financial services business. Net earnings and net earnings per diluted share were reduced by $1.4 million, and approximately $0.02, respectively, due to a pre-tax restructuring charge in connection with the acquisition of 58 rent-to-own stores. On non-GAAP basis, adjusted EBITDA was $101,914,000 against $98,173,000 for the same period a year ago. Operating profit was $83,214,000 against $81,781,000 for the same period a year ago. Earnings before income taxes were $74,309,000 against $73,482,000 for the same period a year ago. For the year, the company reported total revenue of $2,882,184,000 against $2,731,632,000 for the same period a year ago. Operating profit was $293,157,000 against $303,769,000 for the same period a year ago. Earnings before income taxes was $256,550,000 against $274,757,000 for the same period a year ago. Net earnings were $164,637,000 or $2.66 diluted per share against $171,642,000 or $2.60 diluted per share for the same period a year ago. This 5.5% growth in total revenues was primarily due to an increase in revenue driven by the RAC Acceptance business, partially offset by a reduction in revenue due to the discontinuation of the financial services business. Cash flow from operations of approximately $286.6 million. On non-GAAP basis, adjusted EBITDA was $387,109,000 against $317,220,000 for the same period a year ago. Operating profit was $317,220,000 against $322,708,000 for the same period a year ago. Earnings before income taxes were $280,613,000 against $296,796,000 for the same period a year ago. The company provides update the 2012 earnings guidance by 7% to 10% total revenue growth and 2.5% to 4.5% same store sales growth. Diluted earnings per share in the range of $3.00 to $3.20, including approximately $0.20 per share dilution related to its international growth initiatives. Capital expenditures of approximately $105 million. The company expects to open approximately 50 domestic rent-to-own store locations, it expects to open approximately 200 domestic RAC Acceptance kiosks, it expects to open approximately 60 rent-to-own store locations in Mexico and it expects to open approximately 10 rent-to-own store locations in Canada.