Advance Auto Parts 2009 Annual Report Download - page 99

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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 2, 2010, January 3, 2009 and December 29, 2007
(in thousands, except per share data)
The accompanying notes to the condensed parent company financial information
are an integral part of this schedule.
F-46
2009 2008 2007
(52 Weeks) (53 Weeks) (52 Weeks)
Selling, general and administrative expenses 30,228$ 23,761$ 166$
Other income, net 31,438 24,551 -
Income (loss) before (benefit) provision for income taxes 1,210 790 (166)
Income tax (benefit) provision (208) 714 (60)
Income (loss) before equity in earnings of subsidiaries 1,418 76 (106)
Equity in earnings of subsidiaries 268,955 237,962 238,423
Net income 270,373$ 238,038$ 238,317$
Basic earnings per share 2.85$ 2.51$ 2.29$
Diluted earnings per share 2.83$ 2.49$ 2.28$
Average common shares outstanding 94,459 94,655 103,826
Average common shares outstanding - assuming dilution 95,113 95,205 104,637
Fiscal Years