O'Reilly Auto Parts 2015 Annual Report Download - page 6

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O’REILLY AUTOMOTIVE 2015 ANNUAL REPORT • 4
available cash into our top three priorities, we were able to use our excess cash
in 2015 to directly return more than $1.1 billion to our shareholders in the
form of share repurchases. We will continue to use share repurchases as a way
to increase shareholder value in the future, aer we have exhausted all other
means of reinvesting in our business at a high rate of return.
We would like to end our letter by again recognizing and thanking our
dedicated Team Members for all of their contributions to our record break-
ing 2015 results. eir relentless focus on living our Culture Values every
day, and instilling those values in each new member who joins our team,
has been the reason for our record breaking past accomplishments and will
be the key to our future success. We are very honored that you, our share-
holders, continue to place your condence and trust in our Team. We are
very proud of our strong nancial performance in 2015, as well as our long
track record of consistently strong results, and we remain committed to
extending this record of protable growth in 2016.
154
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133 47
639
119
9660
53
19
80
37
12
15
27
38
105
193
103
70
118
75 120 181
143
15
154 149
89
61
73
178 118 161
3
109
9
35
20
13
149
GROWTH from COAST to COAST
Store Counts 200-600+ 100-199 1-99
Distribution Centers
12
OUR PROFITABLE GROWTH continues to be driven by the hard work of our dedicated Team Members. In 2015, we opened 205 net, new
stores, expanded into Connecticut, our 44th state, and began construction on our 27th distribution center, which will be located in Selma, Texas, outside
of San Antonio. We will continue our long record of protable growth in 2016, with 210 net, new store openings across our existing footprint and in
new markets. Our new Texas DC, opening in the rst half of 2016, will allow us to provide an even higher level of service to the San Antonio and Austin
markets, while also creating capacity for continued growth.
2
Selma, Texas
(Spring 2016)
GREG HENSLEE
President and Chief Executive Ocer
THOMAS MCFALL
Executive Vice President of Finance
and Chief Financial Ocer
Saturnino 988Aron 3675 Mike 3073 Bryanna 4423 Violet 2936 Dylan 4816 Tiphanie 881 Sam 547 Peggy 2941 Chris 324