Advance Auto Parts 2010 Annual Report Download - page 98

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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 1, 2011, January 2, 2010 and January 3, 2009
(in thousands, except per share data)
The accompanying notes to the condensed parent company financial information
are an integral part of this schedule.
F-44
2010 2009 2008
(52 Weeks) (52 Weeks) (53 Weeks)
Selling, general and administrative expenses 35,017$ 30,228$ 23,761$
Other income, net 36,918 31,438 24,551
Income before (benefit) provision for income taxes 1,901 1,210 790
Income tax provision (benefit) 1,761 (208) 714
Income before equity in earnings of subsidiaries 140 1,418 76
Equity in earnings of subsidiaries 345,913 268,955 237,962
Net income 346,053$ 270,373$ 238,038$
Basic earnings per share 4.00$ 2.85$ 2.51$
Diluted earnings per share 3.95$ 2.83$ 2.49$
Average common shares outstanding 86,082 94,459 94,655
Average common shares outstanding - assuming dilution 87,155 95,113 95,205
Fiscal Years