Napa Auto Parts 2015 Annual Report Download - page 8

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PART I.
ITEM 1. BUSINESS.
Genuine Parts Company, a Georgia corporation incorporated on May 7, 1928, is a service organization
engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and
electrical/electronic materials through our four operating segments, each described in more detail 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 Subsidiaries, except as other-
wise indicated by the context; and the terms “automotive parts” and “industrial parts” refer to replacement parts
in each respective category.
Financial Information about Segments. For financial information regarding segments as well as our geo-
graphic areas of operation, refer to Note 10 of Notes to Consolidated Financial Statements beginning on page
F-1.
Available Information. The Company’s internet website can be found at www.genpt.com. The Company
makes available, free of charge through its internet website, access to the Company’s annual reports on Form
10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements and other reports, and any
amendments to these documents, as soon as reasonably practicable after such material is filed with or furnished
to the Securities and Exchange Commission (“SEC”). Additionally, our corporate governance guidelines, codes
of conduct and ethics, and charters of the Audit Committee and the Compensation, Nominating and Governance
Committee of our Board of Directors, as well as information regarding our procedure for shareholders and other
interested parties to communicate with our Board of Directors, are available on our website.
In Part III of this Form 10-K, we incorporate certain information by reference to our proxy statement for our
2016 annual meeting of shareholders. We expect to file that proxy statement with the SEC on or about Febru-
ary 26, 2016, and we will make it available online at the same time at http://www.proxydocs.com/gpc. Please
refer to the proxy statement for the information incorporated by reference into Part III of this Form 10-K when it
is available.
AUTOMOTIVE PARTS GROUP
The Automotive Parts Group, the largest division of the Company, distributes automotive parts and
accessory items. In addition to approximately 474,000 available part numbers, the Company offers complete
inventory, cataloging, marketing, training and other programs in the automotive aftermarket. The Company is the
sole member of the National Automotive Parts Association (“NAPA”), a voluntary trade association formed in
1925 to provide nationwide distribution of automotive parts.
During 2015, the Company’s Automotive Parts Group included NAPA automotive parts distribution centers
and automotive parts stores (“auto parts stores” or “NAPA AUTO PARTS stores”) owned and operated in the
United States by the Company; NAPA and Traction automotive parts distribution centers and auto parts stores in
the United States and Canada owned and operated by the Company and NAPA Canada/UAP Inc. (“NAPA
Canada/UAP”), a wholly-owned subsidiary of the Company; auto parts stores and distribution centers in the
United States operated by corporations in which the Company owned either a noncontrolling or controlling inter-
est; auto parts stores in Canada operated by corporations in which UAP owns a 50% interest; Repco and other
automotive parts distribution centers, branches and auto parts stores in Australia and New Zealand owned and
operated by GPC Asia Pacific, a wholly-owned subsidiary of the Company; import automotive parts distribution
centers in the United States owned by the Company and operated by its Altrom America division; import
automotive parts distribution centers in Canada owned and operated by Altrom Canada Corporation (“Altrom
Canada”), a wholly-owned subsidiary of the Company; distribution centers in the United States owned by Bal-
kamp, Inc. (“Balkamp”), a wholly-owned subsidiary of the Company; distribution facilities in the United States
owned by the Company and operated by its Rayloc division; automotive parts distribution centers and automotive
parts stores in Mexico, owned and operated by Grupo Auto Todo, S.A. de C.V. (“Auto Todo”), a wholly-owned
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