Advance Auto Parts 2008 Annual Report Download - page 96

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ADVANCE AUTO PARTS, INC.
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
Condensed Parent Company Statements of Operations
For the Years Ended January 3, 2009, December 29, 2007 and December 30, 2006
(in thousands, except per share data)
The accompanying notes to the condensed parent company financial information
are an integral part of this schedule.
F-42
2008 2007 2006
(53 Weeks) (52 Weeks) (52 Weeks)
Selling, general and administrative expenses 23,761$ 166$ 165$
Other income, net 24,551 - -
Income (loss) before provision (benefit) for income taxes 790 (166) (165)
Income tax provision (benefit) 714 (60) (58)
Income (loss) before equity in earnings of subsidiaries 76 (106) (107)
Equity in earnings of subsidiaries 237,962 238,423 231,425
Net income 238,038$ 238,317$ 231,318$
Net income per basic share 2.51$ 2.30$ 2.18$
Net income per diluted share 2.50$ 2.28$ 2.16$
Average common shares outstanding 94,655 103,826 106,129
Dilutive effect of share-based compensation 650 828 995
Average common shares outstanding - assuming dilution 95,305 104,654 107,124
Fiscal Years