Napa Auto Parts 2015 Annual Report Download

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2015 ANNUAL REPORT
GENUINE PARTS COMPANY

Table of contents

  • Page 1
    G E N U I N E PA R T S C O M PA N Y 2 015 A N N U A L R E P O R T

  • Page 2
    FINANCIAL HISTORY YEAR NET SALES INCOME BEFORE INCOME TAXES INCOME TAXES 88 YEARS OF GROWTH NET INCOME TOTAL EQUITY END OF YEAR...2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 $ 75,129 227,978 339,...Financial information as reported in the Company's annual reports (includes discontinued operations...

  • Page 3
    ... parts, office products and electrical/electronic materials. The Company serves numerous customers from more than 2,650 operations and has approximately 39,600 employees. AUTOMOTIVE BY THE NUMBERS GPC NET SALES BY SEGMENT 52% AUTOMOTIVE GPC ASIA PACIFIC SALES BY COUNTRY UNITED STATES CANADA...

  • Page 4
    ... team did a fine job of managing the assets of the Company and in keeping our balance sheet in excellent condition. Cash from operations and free cash generation each reached record levels and our team did a good job on the operating side of the business as well, producing record earnings per share...

  • Page 5
    ... being named to her current position in 2008, Ms. Hyland's career at Children's included roles as Chief Financial Officer and Chief Operating Officer. Both of these new directors bring with them a wealth of business acumen and knowledge as well as public company board and committee experience. We...

  • Page 6
    ... markets in North America. Products include wire, cable and connectivity solutions, insulating and conductive materials, assembly tools and test equipment as well as custom fabricated parts and specialty coated materials. WEBSITE: eis-inc.com HEADQUARTERS: Atlanta, GA LOCATIONS IN: U.S., Canada...

  • Page 7
    ...Yes ' No Í As of June 30, 2015, the aggregate market value of the registrant's common stock held by non-affiliates of the registrant was approximately $13,180,127,000 based on the closing sale price as reported on the New York Stock Exchange. Indicate the number of shares outstanding of each of the...

  • Page 8
    ...below. In 2015, business was conducted from approximately 2,650 locations throughout the United States, Canada, Mexico, Australia and New Zealand. As of December 31, 2015, the Company employed approximately 39,600 persons. As used in this report, the "Company" refers to Genuine Parts Company and its...

  • Page 9
    ... Company distributes replacement parts for small engines, farm equipment and heavy duty equipment. The Company's inventories also include accessory items for such vehicles and equipment, and supply items used by a wide variety of customers in the automotive aftermarket, such as repair shops, service...

  • Page 10
    ...Company offers its NAPA AUTO PARTS store customers various management aids, marketing aids and service on topics such as inventory control, cost analysis, accounting procedures, group insurance and retirement benefit plans, as well as marketing conferences and seminars, sales and advertising manuals...

  • Page 11
    ... federally registered trademark NAPA® as part of the trade name of its distribution centers and parts stores. The Company contributes to NAPA's national advertising program, which is designed to increase public recognition of the NAPA name and to promote NAPA product lines. The Company is a party...

  • Page 12
    ...The service centers provide hydraulic, hose and mechanical repairs for customers. Approximately 33% of 2015 total industrial product purchases were made from 10 major suppliers. Sales are generated from the Industrial Parts Group's branches located in 49 states, Puerto Rico, nine provinces in Canada...

  • Page 13
    ... of the Company, is headquartered in Atlanta, Georgia. S. P. Richards is engaged in the wholesale distribution of a broad line of office and other business related products through a diverse customer base of resellers. These products are used in homes, businesses, schools, offices, and other...

  • Page 14
    ...has six sales offices and warehouses across the United States and is expected to generate annual revenues of approximately $30 million. Distribution System. The Electrical/Electronic Materials Group provides distribution services to OEM's, motor repair shops, specialty wire and cable users in market...

  • Page 15
    ... Materials Group's integrated supply programs are a part of the marketing strategy, as a greater number of customers - especially national accounts - are given the opportunity to participate in this low-cost, high-service capability. EIS has developed AIMSâ„¢ (Advanced Inventory Management Solutions...

  • Page 16
    ... to new markets, enhanced customer marketing programs and a variety of gross margin and cost savings initiatives. If we are unable to implement these initiatives efficiently and effectively, or if these initiatives are unsuccessful, our business, financial condition, results of operations and cash...

  • Page 17
    ... we do business. The sale of automotive and industrial parts, office products and electrical materials is highly competitive and impacted by many factors, including name recognition, product availability, customer service, changing customer preferences, store location, and pricing pressures. Because...

  • Page 18
    ..., the market for replacement automotive parts is highly competitive and subjects us to a wide variety of competitors. We compete primarily with national and regional auto parts chains, independently owned regional and local automotive parts and accessories stores, automobile dealers that supply...

  • Page 19
    ... Parts Group headquarters are located in two office buildings owned by the Company in Atlanta, Georgia. The Company's Automotive Parts Group currently operates 59 NAPA Distribution Centers in the United States distributed among ten geographic divisions. Approximately 90% of the distribution center...

  • Page 20
    ... 15 distribution centers, 46 service centers and 533 branches. Approximately 90% of these locations are operated in leased facilities. The Company's Office Products Group operates 40 facilities in the United States and five facilities in Canada distributed among the Group's five geographic divisions...

  • Page 21
    ... SECURITIES. Market Information Regarding Common Stock The Company's common stock is traded on the New York Stock Exchange under the ticker symbol "GPC". The following table sets forth the high and low sales prices for the common stock per quarter as reported on the New York Stock Exchange and...

  • Page 22
    ...100 75 50 25 0 2010 2011 2012 2013 2014 2015 Genuine Parts Company S&P 500 Peer Index DOLLARS Genuine Parts Company, S&P 500 Index and peer group composite index Cumulative Total Shareholder Return $ at Fiscal Year End 2010 2011 2012 2013 2014 2015 Genuine Parts Company S&P 500 Peer Index 100.00...

  • Page 23
    ...information about the purchases of shares of the Company's common stock during the three month period ended December 31, 2015: Total Number of Shares Purchased(1) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(2) Maximum Number of Shares...

  • Page 24
    ... automotive parts, industrial parts, office products and electrical/electronic materials. We have a long tradition of growth dating back to 1928, the year we were founded in Atlanta, Georgia. The Company conducted business in 2015 throughout the United States, Canada, Australia, New Zealand, Mexico...

  • Page 25
    new and expanded product lines, geographic expansion, sales to new markets, enhanced customer marketing programs and a variety of gross margin and cost savings initiatives. We discuss these initiatives further below. With regard to the December 31, 2015 consolidated balance sheet, the Company's cash...

  • Page 26
    ..., as evidenced by consistently stronger new jobs reports relative to 2013 as well as a strengthening U.S. GDP. These conditions combined with new business with a primary customer, effective July 1, 2014, served to drive the increased sales volume for the year. Sales were unchanged in the first...

  • Page 27
    ... work with our customers to pass most of these along to them. Operating Expenses The Company includes in selling, administrative and other expenses ("SG&A"), all personnel and personnel-related costs at its headquarters, distribution centers, stores and branches, which accounts for approximately 65...

  • Page 28
    ... with the increase in sales and generally improving gross margins, primarily related to the increase in volume incentives, positively impacted operating profit in 2014. Office Group Office's operating margin decreased slightly to 7.3% in 2015 from 7.4% in 2014, primarily related to the deleveraging...

  • Page 29
    ..., 2015 and 2014, respectively. Currently, we believe that our cash on hand and available short-term and long-term sources of capital are sufficient to fund the Company's operations, including working capital requirements, scheduled debt payments, interest payments, capital expenditures, benefit plan...

  • Page 30
    ... program, but the amount and value of shares repurchased will vary. In 2015, net cash used in financing activities also included payments on debt of approximately $140 million net of debt proceeds. Notes and Other Borrowings The Company maintains a $1.2 billion unsecured revolving line of credit...

  • Page 31
    ...Our purchase orders are based on our current distribution needs and are fulfilled by our vendors within short time horizons. The Company does not have significant agreements for the purchase of inventory or other goods specifying minimum quantities or set prices that exceed our expected requirements...

  • Page 32
    ... required for 2016 and future years will depend on a number of unpredictable factors including the market performance of the plans' assets and future changes in interest rates that affect the actuarial measurement of the plans' obligations. Share Repurchases In 2015, the Company repurchased...

  • Page 33
    ... of each year with many of its vendors that provide for inventory purchase incentives. Generally, the Company earns inventory purchase incentives upon achieving specified volume purchasing levels or other criteria. The Company accrues for the receipt of these incentives as part of its inventory cost...

  • Page 34
    ... amounts reported in the interim condensed consolidated financial statements. Specifically, the Company makes estimates and assumptions in its interim condensed consolidated financial statements for inventory adjustments, the accrual of bad debts, customer sales returns and volume incentives earned...

  • Page 35
    ...A 20% shift in exchange rates between those functional currencies and the U.S. dollar would have impacted translated net sales by approximately $504 million in 2015 and $517 million in 2014. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The information required by this Item 8 is set forth in...

  • Page 36
    ... Company's internal control over financial reporting during the Company's fourth fiscal quarter ended December 31, 2015 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting. ITEM 9B. OTHER INFORMATION. Not applicable...

  • Page 37
    ... Executive Vice President-Sales and Marketing in 2003, the year he joined the Company. Carol B. Yancey, age 52, has been Executive Vice President and Chief Financial Officer of the Company since March 2013, and also held the additional title of Corporate Secretary of the Company up to February 2015...

  • Page 38
    ... fair market value of our common stock on date of exercise and the grant price of the stock appreciation rights. (2) Genuine Parts Company 1999 Long-Term Incentive Plan, as amended (3) Genuine Parts Company 2006 Long-Term Incentive Plan (4) Genuine Parts Company 2015 Incentive Plan (5) Genuine Parts...

  • Page 39
    ... control over financial reporting Report of independent registered public accounting firm on the financial statements Consolidated balance sheets - December 31, 2015 and 2014 Consolidated statements of income and comprehensive income - Years ended December 31, 2015, 2014 and 2013 Consolidated...

  • Page 40
    ... No. 8 to the Genuine Parts Company Tax-Deferred Savings Plan, dated December 7, 2012, effective December 7, 2012. (Incorporated herein by reference from the Company's Annual Report on Form 10-K, dated February 26, 2013.) The Genuine Parts Company Original Deferred Compensation Plan, as amended and...

  • Page 41
    ... the Company's Annual Report on Form 10-K, dated February 29, 2008.) Genuine Parts Company 2015 Incentive Plan, effective November 17, 2014. (Incorporated herein by reference from the Company's Current Report on Form 8-K, dated April 28, 2015.) Genuine Parts Company Performance Restricted Stock Unit...

  • Page 42
    ... by the undersigned, thereunto duly authorized. GENUINE PARTS COMPANY /s/ Thomas C. Gallagher 2/26/2016 Thomas C. Gallagher (Date) Chairman and Chief Executive Officer /s/ Carol B. Yancey 2/26/2016 Carol B. Yancey (Date) Executive Vice President and Chief Financial and Accounting Officer 36

  • Page 43
    ...requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated. /s/ Thomas C. Gallagher Thomas C. Gallagher Director Chairman and Chief Executive Officer (Principal Executive...

  • Page 44
    ... Control over Financial Reporting . . Report of Independent Registered Public Accounting Firm on the Financial Statements ...Consolidated Balance Sheets as of December 31, 2015 and 2014 ...Consolidated Statements of Income and Comprehensive Income for the Years Ended December 31, 2015, 2014 and 2013...

  • Page 45
    ... the policies or procedures may deteriorate. The Company's management, including our Chief Executive Officer and Chief Financial Officer, assessed the effectiveness of the Company's internal control over financial reporting as of December 31, 2015. In making this assessment, it used the criteria set...

  • Page 46
    ...the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of Genuine Parts Company and Subsidiaries as of December 31, 2015 and 2014, and the related consolidated statements of income and comprehensive income, equity, and cash flows for each of the three years in...

  • Page 47
    ... material respects the information set forth therein. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Genuine Parts Company and Subsidiaries' internal control over financial reporting as of December 31, 2015, based on criteria...

  • Page 48
    Genuine Parts Company and Subsidiaries Consolidated Balance Sheets December 31 2015 2014 (In Thousands, Except Share Data and per Share Amounts) Assets Current assets: Cash and cash equivalents ...Trade accounts receivable, net ...Merchandise inventories, net ...Prepaid expenses and other current ...

  • Page 49
    Genuine Parts Company and Subsidiaries Consolidated Statements of Income and Comprehensive Income Year Ended December 31 2015 2014 2013 (In Thousands, Except per Share Amounts) Net sales ...Cost of goods sold ...Gross margin ...Operating expenses: Selling, administrative, and other expenses ......

  • Page 50
    Genuine Parts Company and Subsidiaries Consolidated Statements of Equity (In Thousands, Except Share and per Share Amounts) Accumulated Additional Other Common Stock Paid-In Comprehensive Retained Shares Amount Capital Loss Earnings Balance at January 1, 2013 ...154,841,438 $154,841 $ - Net income ...

  • Page 51
    ...from debt ...Payments on debt ...Share-based awards exercised, net of taxes paid ...Excess tax benefits from share-based compensation ...Dividends paid ...Purchase of stock ...Net cash used in financing activities ...Effect of exchange rate changes on cash ...Net increase (decrease) in cash and cash...

  • Page 52
    ... parts, office products, and electrical/electronic materials. The Company serves a diverse customer base through approximately 2,650 locations in North America and Australasia and, therefore, has limited exposure from credit losses to any particular customer, region, or industry segment. The Company...

  • Page 53
    ... of each year with many of its vendors that provide for inventory purchase incentives. Generally, the Company earns inventory purchase incentives upon achieving specified volume purchasing levels or other criteria. The Company accrues for the receipt of these incentives as part of its inventory cost...

  • Page 54
    ... the following: December 31 2015 2014 (In Thousands) Retirement benefit assets ...Deferred compensation benefits ...Investments ...Cash surrender value of life insurance policies ...Customer sales returns inventories ...Guarantees related to borrowings ...Other long-term prepayments and receivables...

  • Page 55
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 The guarantees related to borrowings are discussed further in the guarantees footnote. Self-Insurance The Company is self-insured for the majority of group health insurance costs. A ...

  • Page 56
    ...) cost in the employee benefit plans footnote. Fair Value of Financial Instruments The carrying amounts reflected in the consolidated balance sheets for cash and cash equivalents, trade accounts receivable, trade accounts payable, and borrowings under the line of credit approximate their respective...

  • Page 57
    ..., the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-9, Revenue from Contracts with Customers ("ASU 2014-9"), which creates a single, comprehensive revenue recognition model for all contracts with customers. The updated standard requires an entity...

  • Page 58
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 2. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill during the years ended December 31, 2015 and 2014 by reportable segment, as well as other ...

  • Page 59
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 3. Credit Facilities The principal amounts of the Company's borrowings subject to variable rates totaled approximately $125,000,000 and $265,466,000 at December 31, 2015 and 2014, ...

  • Page 60
    ... pricing model with the following weighted-average assumptions, respectively: riskfree interest rate of 2.0%, 2.8%, and 2.0%; dividend yield of 2.6%, 2.8%, and 3.2%; annual historical volatility factor of the expected market price of the Company's common stock of 19% for each of the three years...

  • Page 61
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 A summary of the Company's share-based compensation activity and related information is as follows: 2015 WeightedAverage Exercise Price (2) Shares (1) (In Thousands) Outstanding at ...

  • Page 62
    ... 227,926 152,913 105,482 59,600 30,641 576,562 103,134 (30,282) $ 72,852 Deferred tax liabilities related to: Employee and retiree benefits ...Inventory ...Other intangible assets ...Property, plant, and equipment ...Other ... 249,126 147,199 111,305 58,496 31,664 597,790 Net deferred tax assets...

  • Page 63
    ... 2009 or subject to non-United States income tax examinations for years ended prior to 2008. The Company is currently under audit in the United States and Canada. Some audits may conclude in the next twelve months and the unrecognized tax benefits recorded in relation to the audits may differ from...

  • Page 64
    ...31, 2015 and 2014 were: 2014 2015 (In Thousands) Changes in benefit obligation Benefit obligation at beginning of year ...Service cost ...Interest cost ...Plan participants' contributions ...Actuarial (gain) loss ...Foreign currency exchange rate changes ...Gross benefits paid ...Benefit obligation...

  • Page 65
    ...3.12% 3.07% 2015 2014 (In Thousands) Changes in plan assets Fair value of plan assets at beginning of year ...Actual return on plan assets ...Foreign currency exchange rate changes ...Employer contributions ...Plan participants' contributions ...Benefits paid ...Fair value of plan assets at end of...

  • Page 66
    ... plan year. 2015 Quoted Prices in Active Markets for Significant Identical Observable Assets Inputs (Level 1) (Level 2) (In Thousands) Total Significant Unobservable Inputs (Level 3) Equity Securities Common stocks - mutual funds - equity ...Genuine Parts Company common stock ...Other stocks...

  • Page 67
    ..., respectively. Dividend payments received by the plan on Company stock totaled approximately $4,965,000 and $4,650,000 in 2015 and 2014, respectively. Fees paid during the year for services rendered by parties in interest were based on customary and reasonable rates for such services. The changes...

  • Page 68
    ... benefit payments: 2016 ...2017 ...2018 ...2019 ...2020 ...2021 through 2025 ...Net periodic benefit (income) cost included the following components: 2015 2014 (In Thousands) 2013 $ 49,000 $ 93,000 102,000 109,000 116,000 124,000 703,000 Service cost ...Interest cost ...Expected return on plan...

  • Page 69
    ...Prior service credit ...Total ...The assumptions used in measuring the net periodic benefit (income) cost for the plans follow: 2015 2014 2013 $31,146 (430) $30,716 Weighted average discount rate ...Rate of increase in future compensation levels ...Expected long-term rate of return on plan assets...

  • Page 70
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 marketing and promotional initiatives, pricing and selling activities, credit decisions, monitoring and maintaining appropriate inventories, and store hours. Separately, the Company ...

  • Page 71
    ... comparable in line of business, size, operating performance, and financial condition to GPC Asia Pacific to develop a market multiple. For the income approach, the Company utilized GPC Asia Pacific's projected cash flows, an appropriate discount rate, and an expected long-term growth rate. For both...

  • Page 72
    ...policies, amortization related to fair value adjustments to intangible assets, one-time purchase accounting adjustments, interest expense on acquisition related debt, and any associated tax effects. 10. Segment Data The Company's reportable segments consist of automotive, industrial, office products...

  • Page 73
    ... and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components, and related parts and supplies. The Company's office products segment distributes a wide variety of office products, computer supplies, office furniture, and business electronics. The...

  • Page 74
    ... billed to customers. The line item "other" represents the net effect of the discounts, incentives, and freight billed to customers that are reported as a component of net sales in the Company's consolidated statements of income and comprehensive income. 2015 2014 2013 (In Thousands) 2012 2011 Net...

  • Page 75
    Genuine Parts Company and Subsidiaries Notes to Consolidated Financial Statements - (Continued) December 31, 2015 2015 2014 2013 (In Thousands) 2012 2011 Depreciation and amortization: Automotive ...$ Industrial ...Office products ...Electrical/electronic materials ...Corporate ...Intangible asset ...

  • Page 76
    Annual Report on Form 10-K Item 15(a) Financial Statement Schedule II - Valuation and Qualifying Accounts Genuine Parts Company and Subsidiaries Balance at Beginning of Period Charged to Costs and Expenses Balance at End of Period Deductions(1) Year ended December 31, 2013: Reserves and allowances...

  • Page 77
    ... herewith as a part of this Report: 21 23 31.1 31.2 32.1 32.2 101 Subsidiaries of the Company. Consent of Independent Registered Public Accounting Firm. Certification signed by the Chief Executive Officer pursuant to SEC Rule 13a-14(a). Certification signed by the Chief Financial Officer pursuant to...

  • Page 78
    .... Genuine Parts Company 2015 Incentive Plan, effective November 17, 2014. Genuine Parts Company Performance Restricted Stock Unit Award Agreement. Genuine Parts Company Restricted Stock Unit Award Agreement. Genuine Parts Company Stock Appreciation Rights Agreement. Form of Executive Officer Change...

  • Page 79
    ... LIMITED GENUINE PARTS SOURCING (SHENZHEN) COMPANY LIMITED ALTROM CANADA CORP. ELECTRICAL INSULATION SUPPLIERS de MEXICO, S. de R.L. de C.V. RIEBE'S AUTO PARTS, LLC AUTOPARTSPROS, LLC ADAMS AUTO PARTS, LLC MOTOR PARTS OF CARROLL COUNTY, INC. POTOMAC AUTO PARTS, INC. REISTERSTOWN AUTO PARTS, INC...

  • Page 80
    ... and 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) of Genuine Parts Company and Subsidiaries for the year ended December 31, 2015. /s/ Ernst...

  • Page 81
    ... and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Thomas C. Gallagher Thomas C. Gallagher Chairman and Chief Executive Officer Date...

  • Page 82
    ...and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Carol B. Yancey Carol B. Yancey Executive Vice President and Chief Financial Officer...

  • Page 83
    ... In connection with the Annual Report of Genuine Parts Company (the "Company") on Form 10-K for the year ended December 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Thomas C. Gallagher, Chairman and Chief Executive Officer, certify, pursuant to...

  • Page 84
    ... with the Annual Report of Genuine Parts Company (the "Company") on Form 10-K for the year ended December 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Carol B. Yancey, Executive Vice President and Chief Financial Officer of the Company, certify...

  • Page 85
    ... of Atlanta Chairman and Chief Executive Officer of Protective Life Corporation President and Chief Executive Officer of The Loudermilk Companies, LLC Retired Managing Director, Global Automotive Research at Credit Suisse First Boston Retired Chief Financial Officer Vice Chairman and Chief Executive...

  • Page 86
    ... Management Vice President - Supply Chain Vice President - Customer Relations and Sales President Senior Vice President - Finance and Operations Vice President - Human Resources Vice President - Information Services Vice President - Sales and Marketing Heavy Vehicle Parts (Atlanta, GA) Greg...

  • Page 87
    ... Vice President - NAPA Store Operations Simon Weller Vice President - NAPA Sales and Marketing Grupo Auto Todo (Puebla, Mexico) Juan Lujambio President and Chief Executive Officer Virginia Garcia Iriarte Chief Financial Officer Juan Quintal Vice President and General Manager NAPA Mexico GPC Asia...

  • Page 88
    ... - Marketing, Distribution and Purchasing Anthony G. Cefalu Senior Vice President - Hose & Rubber, Shops and Service Centers Ellen H. Holladay Senior Vice President, Chief Information Officer and Operational Excellence Officer Scott A. MacPherson Senior Vice President - Sales and Acquisitions Kevin...

  • Page 89
    ®

  • Page 90
    SHAREHOLDER INFORMATION G EN U I N E PAR TS C O M PA N Y STOCK LISTING Genuine Parts Company's common stock is traded on the New York Stock Exchange under the symbol "GPC". DIVIDEND REINVESTMENT PLAN Shareholders can build their investments in Genuine Parts Company through a low-cost plan for ...

  • Page 91
    GE N U I N E PART S COM PAN Y 2 9 9 9 C I R C L E 75 PA R K WAY AT L A N TA , G A 3 0 3 3 9 7 70 . 9 5 3 .170 0 w w w.genpt .com