Advance Auto Parts 2008 Annual Report Download - page 3
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The 4 Performance Gauges
(1)
Op Income Per Team Member
Industry $13k Leader $19.5k
AAP $9.5k
AAP Q407 $9.4k
Sales Per Square Foot
AAP $208
Industry $215Leader $236
AAP Q407 $207
SG
&
A Per Store
(3)
Industry $548k
AAP 4Q07 $601k
AAP $609k
Leader $511k
ROIC%
(2)
Industry 16.6%
AAP 14.0% Leader 23.8%
AAP 4Q07
13.7%
(1)
Our fiscal 2008 financial results reported in the above performance gauges have been reported on a comparable operating basis to exclude the 53rd week of fiscal 2008 and a non-cash inventory adjustment.
Excluding ROIC, refer to the “Selected Consolidated Financial Data” on page 17 of our 2008 Form 10-K included in this annual report for an explanation of the calculation of these metrics as well as the
corresponding financial results reported on a GAAP basis. Return on invested capital (
(2)
ROIC) is defined as net operating profit after taxes divided by average invested capital.
(3)
SG&A – Selling, General and Administrative expenses