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O’REILLY AUTOMOTIVE 2005 ANNUAL REPORT
24
selected consolidated financial data (continued)
(In thousands, except selected operating data)
years ended december 31, 2005 2004 2003
selected operating data:
Number of stores at year-end (a) 1,470 1,249 1,109
Total store square footage at year-end (in 000’s) (a) (b) 9,801 8,318 7,348
Weighted-average product sales per store (in 000’s) (a) (b) $ 1,478 $ 1,443 $ 1,413
Weighted-average product sales per square foot (b) (d) $ 220 $ 217 $ 215
Percentage increase in same store product sales (c) 7.5% 6.8% 7.8%
balance sheet data:
Working capital $ 424,974 $ 479,662 $ 441,617
Total assets 1,713,899 1,432,357 1,157,033
Current portion of long-term debt and short-term debt 75,313 592 925
Long-term debt, less current portion 25,461 100,322 120,977
Shareholders' equity 1,145,769 947,817 784,285
(a) Store count for 2002 does not include 27 stores acquired from Dick Smith Enterprises and Davie Automotive, Inc. in December 2002.
(b) Total square footage includes normal selling, office, stockroom and receiving space. Weighted-average product sales per store and per square foot are weighted to consider the
approximate dates of store openings or expansions.
(c) Same-store product sales are calculated based on the change in product sales of stores open at least one year. Prior to 2000, same-store product sales data were calculated based on
the change in product sales of only those stores open during both full periods being compared. Percentage increase in same-store product sales is calculated based on store sales results,
which exclude sales of specialty machinery, sales by outside salesmen and sales to employees.
(d) 1998 does not include stores acquired from Hi/LO. Consolidated weighted-average product sales per square foot were $207.