Napa Auto Parts 2011 Annual Report Download

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Please find the complete 2011 Napa Auto Parts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices) (Zip Code)

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


 
 



Table of contents

  • Page 1
    ... Identification No.) 2999 Cirgle 75 Parkway, Ttlanta, Georgia (Address of principal executive offices) 30339 (Zip Code) 770-953-1700 (Registrant's telephone number, ingluding area gode) Segurities registered pursuant to Segtion 12(b) of the Tgt: Title of Eagh Class Name of Eagh Exghange on Whigh...

  • Page 2
    ...Company"orefersotooGenuineoPartsoCompanyoandoitsosubsidiaries,oexceptoasootherwiseoindicatedobyotheocontext;oandothe termso"automotiveoparts"oando"industrialoparts"oreferotooreplacementopartsoinoeachorespectiveocategory. Financial...oofotheoNationaloAutomotiveoPartsoAssociationo("NAPA"),...

  • Page 3
    ...%oofotheoCompany'sototaloU.S.oAutomotiveosalesoando27%oofotheoCompany'sototalosales,owithono automotiveopartsostoreoorogroupoofoautomotiveopartsostoresowithoindividualoorocommonoownershipoaccountingoforomoreothano0.25%oofotheototalosalesoofothe Company. 2

  • Page 4
    ...-1. .ooooTheoCompanyobelievesothatotheoqualityoandotheorangeoofoservicesoprovidedotooitsoautomotiveopartsocustomers Service to NAPA AUTO PARTS Stores constituteoaosignificantoadvantageoforoitsoautomotiveopartsodistributionosystem.oSuchoservicesoincludeofastoandofrequentodelivery,opartsocatalogingo...

  • Page 5
    ...oadvertisedoandopromotedoas "NAPA"olines.oTheomembersoareonotorequiredotoopurchaseoanyospecificoquantityoofopartsosoodesignatedoandomay...oaowholly-ownedosubsidiaryoofotheoCompanyoheadquarteredoin Birmingham,oAlabama.oMotionodistributesoindustrialoreplacementopartsoandorelatedosuppliesosuchoasobearings...

  • Page 6
    CompanyomeetsotheoMROodemandoofoaolargeoandofragmentedomarketowithohigholevelsoofoserviceoinotheoareasoofoassetomanagement,oinventoryoandologistics management,oproductoapplicationoandoutilizationomanagementoprocesses.oAohighlyodevelopedosupplyochainowithovendoropartnershipsoandocustomer ...

  • Page 7
    TheoOfficeoProductsoGroupoisorepresentedoinoCanadaothroughoS.oP.oRichardsoCanada,oaowholly-ownedosubsidiaryoofotheoCompanyoheadquarteredonear Toronto,oOntario.oS.oP.oRichardsoCanadaoservicesoofficeoproductoresellersothroughoutoCanadaofromolocationsoinoVancouver,oToronto,oCalgary,oEdmontonoand ...

  • Page 8
    ELECTRICTL/ELECTRONIC MTTERITLS GROUP TheoElectrical/ElectronicoMaterialsoGroupowasoformedoonoJulyo1,o1998othroughotheoacquisitionoofoEIS,oInc.o("EIS"),oaowholly-ownedosubsidiaryoofothe CompanyoheadquarteredoinoAtlanta,oGeorgia.oThisoGroupodistributesomaterialsotoomoreothano20,...

  • Page 9
    lookingostatementsomayorelate,oforoexample,otoofutureooperations,oprospects,ostrategies,ofinancialocondition,oeconomicoperformanceo(includingogrowthoand earnings),oindustryoconditionsoandodemandoforoouroproductsoandoservices.oTheoCompanyocautionsothatoitsoforward-lookingostatementsoinvolveorisksoand...

  • Page 10
    ... markets, or other economic conditions, could have a negative impact on our business, financial condition, results of operations and cash flows. Ourobusinessoandooperatingoresultsomayoinotheofutureobeoadverselyoaffectedobyouncertainoglobaloeconomicoconditions,oincludingoinstabilityoinocredit markets...

  • Page 11
    ... grow our sales and earnings, which could adversely affect our business, financial condition, results of operations and cash flows. Weohaveoimplementedonumerousoinitiativesoinoeachoofoourofourobusinessosegmentsotoogrowosalesoandoearnings,oincludingotheointroductionoofonewoand expandedoproductolines...

  • Page 12
    ITEM 1B. UNRESOLVED STAFF COMMENTS. Notoapplicable. ITEM 2. PROPERTIES . TheoCompany'soheadquartersoandoAutomotiveoPartsoGroupoheadquartersoareolocatedoinotwooofficeobuildingsoownedobyotheoCompanyoinoAtlanta,oGeorgia. TheoCompany'...

  • Page 13
    ...: Sales Prige of Common Shares 2011 High 2010 Low High Low Quarter...21 $ 43.63oo o 45.42oo o 45.32oo o 51.61oo $36.94oo o 38.00oo o 38.81oo o 44.13oo Dividends Deglared per Share 2011 2010 Quarter First Second Third Fourth $0.45 0.45 0.45 0.45 $ 0.41oo o 0.41oo o 0.41oo o 0.41oo 12

  • Page 14
    ...shareholder return GenuineoPartsoCompany,oS&Po500oIndexoandopeerogroupocompositeoindex Cumulative Total Shareholder Return $ at Fisgal Year End 2006 2007 2008 2009 2010 2011 GenuineoPartsoCompany S&Po500 PeeroIndex o100.00oo o100.00oo o100.00oo o100.59oo o105.49oo o116.22oo o 85.47oo o66...

  • Page 15
    ...Segment 2006 2007 2008 2009 2010 2011 AutomotiveoParts IndustrialoParts OfficeoProducts Electrical/ElectronicoMaterials o49... Tverage Prige Paid per Share Total Number of Shares Purghased as Part of Publigly Tnnounged Plans or Programs(2) Maximum Number of Shares That May Yet be Purghased...

  • Page 16
    ... Operations"oofothisoreport. Year Ended Degember 31, 2011 2010 2009 (In thousands, exgept per share...7. OVERVIEW MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS . GenuineoPartsoCompanyoisoaoserviceoorganizationoengagedoinotheodistributionoofoautomotiveoparts,...

  • Page 17
    ...,o2010. RESULTS OF OPERTTIONS OuroresultsoofooperationsoareosummarizedobelowoforotheothreeoyearsoendedoDecembero31,o2011,o2010oando2009. Year Ended Degember 31, 2011 2010 (In thousands exgept per share data) 2009 NetoSales GrossoProfit NetoIncome DilutedoEarningsoPeroShare...

  • Page 18
    NetosalesoforoAutomotiveowereo$5.6obillionoino2010,oanoincreaseoofo7%ofromo2009.oSalesoimprovedoino2010odueotootheosuccessfuloexecutionoofoourosales initiativesoandotheostrongeroeconomy,owhichodroveoincreasedodemandoforoautomotiveomaintenanceoandosupplyoitems.oAutomotiveorevenuesowereoupo6%oinothe ...

  • Page 19
    ...oInoaddition,omanagement'soongoingocostocontrolomeasuresoinoareasosuchoasopersonnel,ofreight,ofleetoandologisticsohaveoservedotoofurtheroimproveothe Company'socostostructure.oAfteroreducingotheosizeoofoitsoworkforceobyoapproximatelyo12%oduringo2008oando2009,otheoCompanyoaddedobackoonlyo1%oofothatoin...

  • Page 20
    Non-Operating Expenses and Income Non-operatingoexpensesoconsistoprimarilyoofointerest.oInterestoexpenseowaso$27omillionoino2011oando$28omillionoino2010oando2009.oTheo$1omillion decreaseoinointerestoexpenseorelativeotoo2010oando2009oisotheoresultoofoanoimprovedointerestorateoonocertainolong-...

  • Page 21
    Electrical'sooperatingomarginodecreasedotoo6.9%oino2010ofromo7.3%oino2009.oTheodecreaseoinooperatingomarginowasomainlyodueotooescalatingocopper pricesoduringotheoyear,owhichogenerallyodoonotoaffectoprofitodollars,obutonegativelyoimpactomarginsoasocopperoisogenerallyobilledotoocustomersoatocost.oThe ...

  • Page 22
    ...: Year Ended Degember 31, Net Cash Provided by (Used in): Pergent Change 2010 vs. 2009 2011 2010 (In thousands) 2009 2011 vs. 2010 OperatingoActivities InvestingoActivities FinancingoActivities $ 624,927 (231,497) (394,140) $678,663 (172,348...

  • Page 23
    ...,onetoofointerestoincome,oforoalloborrowingsowaso$24.6omillion,o$26.6omillionoando$27.1omillionoin 2011,o2010oando2009,orespectively. Contractual and Other Obligations TheofollowingotableoshowsotheoCompany'soapproximateoobligationsoandocommitments,oincludingointerestodueoonocreditofacilities...

  • Page 24
    Inoaddition,otheoCompanyosponsorsodefinedobenefitopensionoplansothatomayoobligateousotoomakeocontributionsotootheoplansofromotimeotootime. Contributionsoino2011owereo$58omillion.oWeoexpectotoomakeoao$17omillionocashocontributionotooouroqualifiedodefinedobenefitoplansoino2012,oandocontributions ...

  • Page 25
    ...sofinancialoconditionoandoresultsoofooperations. Employee Benefit Plans...oThe Company'....9omillionoando$7.3omillionoforotheoyearsoendedoDecembero31, 2011,o2010oando2009,orespectively.oTheoincreaseoinopensionocostoino2011ofromo2010oreflectsotheochangeoinoassumptionsoforotheorateooforeturnoonoplanoassets...

  • Page 26
    ...,o2011oando2010: Margh 31, Three Months Ended rune 30, Sept. 30, (In thousands exgept per share data) Deg. 31, 2011 NetoSales GrossoProfit NetoIncome EarningsoPeroShare: Basic Diluted 2010 NetoSales GrossoProfit NetoIncome EarningsoPeroShare: Basic Diluted $ 2,974,198 848,794 $ 3,184,984...

  • Page 27
    ... None. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE . ITEM 9T. CONTROLS AND PROCEDURES. Management's gonglusion regarding...CEO)... over finangial reporting ThereohaveobeenonoochangesoinotheoCompany'sointernalocontrolooverofinancialoreportingoduringotheoCompany'...

  • Page 28
    ... beenoelectedoandoqualified,oorountilohisoearlierodeath,oresignation,oremoval,oretirementoorodisqualification.oTheocurrentoexecutiveoofficersoofotheoCompanyoare: Thomas C. Gallagher, ageo64,ohasobeenoChiefoExecutiveoOfficerosinceoAugusto2004oandoChairmanoofotheoBoardosinceoFebruaryo2005. Mr...

  • Page 29
    ... Segurities to be Issued upon Exergise of Outstanding Options, Warrants and Rights (1) Weighted Tverage Exergise Prige of Outstanding Options, Warrants and Rights Number of Segurities Remaining Tvailable for Future Issuange Under Equity Compensation Plans (Exgluding Segurities Reflegted in Column...

  • Page 30
    ...ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES. (a)oooDocumentsofiledoasopartoofothisoreport ... AmendedoandoRestatedoArticlesoofoIncorporationoofotheoCompany,oasoamendedoAprilo23,o2007.o(Incorporatedohereinobyoreferenceofromothe Company'soCurrentoReportoonoFormo8-K,odatedoAprilo23,o2007.) By-...

  • Page 31
    ...'soAnnualoReportoonoFormo10-K,odatedoMarcho3,o2006.) GenuineoPartsoCompanyo2006oLong-TermoIncentiveoPlan,oeffectiveoAprilo17,o2006.o(Incorporatedohereinobyoreferenceofromothe Company'soCurrentoReportoonoFormo8-K,odatedoAprilo18,o2006.) Exhibito10.15* Exhibito10.16* Exhibito10...

  • Page 32
    Exhibito10.18* AmendmentoNo.o2otootheoGenuineoPartsoCompanyo2006oLong-TermoIncentiveoPlan,odatedoNovembero19,o2007,oeffectiveoNovember 19,o2007.o(IncorporatedohereinobyoreferenceofromotheoCompany'soAnnualoReportoonoFormo10-K,odatedoFebruaryo29,o2008.) ...

  • Page 33
    (b)ooExhibits SeeotheoresponseotooItemo15(a)(3)oabove. (c)ooFinancialoStatementoSchedules SeeotheoresponseotooItemo15(a)(2)oabove. 32

  • Page 34
    ...(d)oofotheoSecuritiesoExchangeoActoofo1934,otheoRegistrantohasodulyocausedothisoReportotoobeosignedoon itsobehalfobyotheoundersigned,othereuntoodulyoauthorized. GENUINE PTRTS COMPTNY /s/ Thomas C. Gallagher Thomas C. Gallagher ChairmanoandoChiefoExecutiveoOfficer o2/27/12oo o (Date)oo...

  • Page 35
    ... Bullogk Director o2/20/12oo o (Date)oo /s/ rean Douville rean Douville Director o2/20/12oo o (Date)oo /s/ Thomas C. Gallagher Thomas C. Gallagher Director ChairmanoandoChiefoExecutive Officero(PrincipaloExecutiveoOfficer) o2/20/12oo o (Date)oo /s/ George C. Guynn George C. Guynn Director o2...

  • Page 36
    TNNUTL REPORT ON FORM 10-K INDEX TO CONSOLIDTTED FINTNCITL STTTEMENTS TND FINTNCITL STTTEMENT SCHEDULE Page ReportoofoManagementoonoInternaloControloOveroFinancialoReporting ReportoofoIndependentoRegisteredoPublicoAccountingoFirmoonoInternaloControlooveroFinancialoReporting ...

  • Page 37
    Report of Management Genuine Parts Company Management's Responsibility for the Finangial Statements...&oYoungoLLPohasoissuedoanoauditoreportoonotheoCompany'sooperatingoeffectivenessoofointernalocontrolooverofinancialoreportingoasoofoDecembero31, 2011.oThisoreportoappearsoonopageoF-3. Tudit Committee...

  • Page 38
    ... Publig Tggounting Firm on Internal Control over Finangial Reporting The Board of Diregtors and Shareholders of Genuine Parts Company and Subsidiaries WeohaveoauditedoGenuineoPartsoCompanyoandoSubsidiaries'ointernalocontrolooverofinancialoreportingoasoofoDecembero31,o2011,obasedoonocriteria...

  • Page 39
    Report of Independent Registered Publig Tggounting Firm on the Finangial Statements The Board of Diregtors and Shareholders of Genuine Parts Company and Subsidiaries WeohaveoauditedotheoaccompanyingoconsolidatedobalanceosheetsoofoGenuineoPartsoCompanyoandoSubsidiariesoasoofoDecembero31,...

  • Page 40
    Genuine Parts Company and Subsidiaries Consolidated Balange Sheets Degember 31 2011 2010 (In thousands, exgept per share data and per share amounts) Tssets Currentoassets: Cashoandocashoequivalents Tradeoaccountsoreceivable,onet Merchandiseoinventories,onet ...

  • Page 41
    Genuine Parts Company and Subsidiaries Consolidated Statements of Ingome Year Ended Degember 31 2011 2010 (In thousands, exgept per share amounts) 2009 Netosales Costoofogoodsosold Grossomargin Operatingoexpenses: Selling,oadministrative,oandootheroexpenses Depreciationoandoamortization ...

  • Page 42
    ...Parts Company... Loss $ (478,562)o o -oo o 77,963oo Retained Earnings Total Parent Equity $ 2,643,451oo o 399,575oo o -oo o $2,324,332 oo... (22,017) (161,669) - (281,790) - (2,428,315 ) - (2,428) Balange at Degember 31, 2011 - 155,651,116 - $ 155,651 (11,411) - $ - - - - - - $ (482,038...

  • Page 43
    Genuine Parts Company and Subsidiaries Consolidated Statements of Cash Flows Year Ended Degember 31 2011 2010 (In thousands) 2009 Operating agtivities Netoincome Adjustmentsotooreconcileonetoincomeotoonetocashoprovidedobyooperatingoactivities: Depreciationoandoamortization Excessotaxo(benefits)...

  • Page 44
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements Degember 31, 2011 1. Summary of Signifigant Tggounting Poligies Business GenuineoPartsoCompanyoandoalloofoitsomajority-ownedosubsidiarieso(theoCompany)oisoaodistributoroofoautomotiveoreplacementoparts,oindustrial ...

  • Page 45
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) ...oCostoisodeterminedobyotheolast-in,ofirst-outo(LIFO)omethodoforoaomajorityoofoautomotive parts,oelectrical/electronicomaterials,oandoindustrialoparts,oandobyotheofirst-in,...

  • Page 46
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) Other Assets Otheroassetsoareocomprisedoofotheofollowing: Degember 31 2011 ...Liabilities Otherolong-termoliabilitiesoareocomprisedoofotheofollowing: Degember 31 2011 (In thousands) 2010 Post-...

  • Page 47
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements...Loss Accumulatedootherocomprehensiveolossoisocomprisedoofotheofollowing: Degember 31 2011 (In thousands) 2010... of Financial Instruments ...

  • Page 48
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) commonostockoandodoonotoprovideoforocashosettlement.oRSUsorepresentoaocontingentorightotooreceiveooneoshareoofotheoCompany'socommonostockoatoaofutureodate. ...

  • Page 49
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements...,o2011oando2010,orespectively. AmountsooutstandingounderotheoCompany'socreditofacilitiesoconsistoofotheofollowing: Degember 31 2011 (In thousands) 2010 Unsecuredotermonotes: Novembero30,o2001... 2012 ...

  • Page 50
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) 5. ...oando$13,200,000,orespectively. AosummaryoofotheoCompany'soshare-basedocompensationoactivityoandorelatedoinformationoisoasofollows: 2011 WeightedTverage Exergise Prige (2) Shares (1) (In thousands...

  • Page 51
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) Ino2011,otheoCompanyograntedoapproximatelyo1,028,000oSARsoando126,000oRSUs.oIno2010,otheoCompanyograntedoapproximatelyo1,002,...'sodeferredotaxoassetsoandoliabilitiesoareoasofollows: 2011 (In thousands...

  • Page 52
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements... 244,590oo TheoreasonsoforotheodifferenceobetweenototalotaxoexpenseoandotheoamountocomputedobyoapplyingotheostatutoryoFederaloincomeotaxorateotooincomeobefore incomeotaxesoareoasofollows: 2011 2010 (In thousands) 2009...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) yearsoendedoDecembero31,o2011,o2010,oando2009,...Employee...Postretirement Pension Benefits Benefits 2011 (In thousands) 2010 2011 (In thousands) 2010 ...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) ...obyoassetocategory were: Target Tllogation Pergentage of Plan Tssets at Degember 31 2012 2011 2010 Tsset Category Equityosecurities Debtosecurities 69% 31% 100% 69% 31...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued...-backedosecuritiesoareovaluedousingopriceoevaluationsoreflectingothe bidoand/oroaskosidesoofotheomarketoforoanoinvestmentoasoofotheolastodayoofotheocalendaroplanoyear. 2011 Quoted Priges in Tgtive Markets...

  • Page 56
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) 2010 Quoted Priges in Tgtive Markets for Identigal Tssets (Level 1) (In thousands) Total Signifigant Observable Inputs (Level 2) Signifigant Unobservable Inputs (Level 3) Equity Segurities ...

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    ...Parts Company...$(12,329)o Other Postretirement Pension Benefits Benefits 2011 (In thousands) 2010 2011 (In thousands) 2010 Netoactuarialoloss Prioroserviceocredit $ 999...In thousands) Employer gontribution 2012o(expected) Expegted benefit payments 2012 2013 2014 $ 17,084oo $1,618oo $ 1,740oo ...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) Netoperiodicobenefitocostoincludedotheofollowingocomponents: Pension Benefits Other Postretirement Benefits 2011 2010 (In thousands) 2009 2011 2010 (In thousands) 2009 Serviceocost Interestocost ...

  • Page 59
    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) Ao7.75%...sosalary.oOtheroemployeesoreceiveoaomatchingocontributionoofo100%oofotheofirsto5%oofothe employee'sosalary.oTotaloplanoexpenseoforobothoplansowasoapproximatelyo$38,...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) TheoCompanyoallocatedotheopurchaseopriceotootheoassetsoacquiredoandotheoliabilitiesoassumedobasedoonotheirofairovaluesoasoofotheirorespectiveoacquisition dates....

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) ...,oincentives,oandofreightobilledotoocustomersothatoareoreportedoasoaocomponentoofonetosalesoinotheoCompany's consolidatedostatementsoofoincome. 2011 2010 2009 (In thousands...

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    Genuine Parts Company and Subsidiaries Notes to Consolidated Finangial Statements - (Continued) 2011 2010 2009 (In thousands) 2008 2007 Depreciationoandoamortization: Automotive Industrial Officeoproducts Electrical/electronicomaterials Corporate Intangibleoassetoamortization ...

  • Page 63
    Tnnual Report on Form 10-K Item 15(g) Finangial Statement Sghedule II - Valuation and Qualifying Tggounts Genuine Parts Company and Subsidiaries Balange at Beginning of Period Charged to Costs and Expenses Dedugtions Balange at End of Period YearoendedoDecembero31,o2009: ...

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    TNNUTL REPORT ON FORM 10-K INDEX OF EXHIBITS Theofollowingoexhibitsoareofiledo(orofurnished,oifosooindicated)oherewithoasoaopartoofothisoReport: oo21 oo23 SubsidiariesoofotheoCompany. ConsentoofoIndependentoRegisteredoPublicoAccountingoFirm. oo31.1 oo31.2 oo32.1 oo32.2 101 ...

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    -o10.11* -o10.12* -o10.13* -o10.14* -o10.15* -o10.16* -o10.17* -o10.18* -o10.19* -o10.20* -o10.21* -o10.22* -o10.23* -o10.24* -o10.25* -o10.26* -o10.27* GenuineoPartsoCompanyoStockoAppreciationoRightsoAgreement. AmendmentoNo.o5otootheoGenuineoPartsoCompanyoTax-DeferredoSavingsoPlan. AmendmentoNo....

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    ... THE COMPTNY BOTRD OF DIRECTORS Dr.oMaryoB.oBullock JeanoDouville ThomasoC.oGallagher GeorgeoC.o"Jack"oGuynn JohnoR.oHolder JohnoD.oJohns MichaeloM.oE.oJohns,oMD J.oHicksoLanier RobertoC.o"Robin... U.S. Tutomotive Parts Group ChairmanoandoChiefoExecutiveoOfficer ...

  • Page 67
    ....oShaffer Heavy Vehigle Parts Group (Ttlanta, GT) D.oGaryoSilva GregoA.oLancour Raylog (Ttlanta, GT) President ViceoPresidento-oOperations WilliamoJ.oWestermanoIII DamonoE.oElmore MichaeloS.oGaffneyoII JosephoW.oLashley DebbieoE.oNiffin Balkamp, Ing. (Indianapolis, IN) President ViceoPresidento...

  • Page 68
    Motion Industries (Birmingham, TL) WilliamoJ.oStevens TimothyoP.oBreen G.oHaroldoDunaway,oJr. RandalloP.oBreaux AnthonyoG.oCefalu EllenoH.oHolladay R....DermotoR.oStrong S. P. Righards Company (Ttlanta, GT) PresidentoandoChiefoExecutiveoOfficer ExecutiveoViceoPresidentoandoChiefoOperatingoOfficero...

  • Page 69

  • Page 70
    ... P. RICHARDS CO. CANADA INC. UAP INC. GARANAT INC. UAPRO INC. UNITED AUTO PARTS (Eastern) BTD. SERVICES FINANCIERS UAP INC. GPC GBOBAB SOURCING BIMITED GENUINE PARTS SOURCING (SHENZHEN) COMPANY BIMITED ABTROM CANADA CORP. GENUINE PARTS AUSTRABIA PTY BIMITED EIS-GPC SERVICIOS de MEXICO, S. de R.B. De...

  • Page 71
    ... schedule of Genuine Parts Company and Subsidiaries and the effectiveness of internal control over financial reporting of Genuine Parts Company and Subsidiaries included in this Annual Report (Form 10-K) for the year ended December 31, 2011. /s/ Ernst & Young LLP Atlanta, Georgia February 27, 2012

  • Page 72
    ...Thomas C. Gallagher, certify that: 1. I have reviewed this annual report on Form 10-K of Genuine Parts Company; 2. Based on my knowledge, this report...financial reporting...employees who have a significant role in the registrant's internal control over financial reporting. /s/ Thomas C. Gallagher Thomas...

  • Page 73
    EXHIBIT 31.2 CERTIFICATIONS I, Jerry W. Nix, certify that: 1. I have reviewed this annual report on Form 10-K of Genuine Parts Company; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements ...

  • Page 74
    ... TCT OF 2002 In connection with the Annual Report of Genuine Parts Company (the "Company") on Form 10-K for the year ended December 31, 2011 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Thomas C. Gallagher, Chairman and Chief Executive Officer, certify...

  • Page 75
    ... STATEMENT OF CHIEF FINANCIAL OFFICER OF GENUINE PARTS COMPANY PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO § 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Annual Report of Genuine Parts Company (the "Company") on Form 10-K for the year ended December 31, 2011 as filed...

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