AutoZone 2014 Annual Report Download - page 142

Download and view the complete annual report

Please find page 142 of the 2014 AutoZone 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.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

72
The Company evaluates its reportable segment primarily on the basis of net sales and segment profit, which is
defined as gross profit. The following table shows segment results for the following fiscal years:
Year Ended
(in thousands)
August 30,
2014
August 31,
2013
August 25,
2012
Net Sales:
Auto Parts Stores ................................................................. $ 9,132,169 $ 8,858,723 $ 8,422,559
Other ................................................................................... 343,144 288,807 181,304
Total .................................................................................... $ 9,475,313 $ 9,147,530 $ 8,603,863
Segment Profit:
Auto Parts Stores ................................................................. $ 4,744,501 $ 4,568,190 $ 4,292,474
Other ................................................................................... 190,406 172,745 139,562
Gross profit ......................................................................... 4,934,907 4,740,935 4,432,036
Operating, selling, general and administrative expenses..... (3,104,684) (2,967,837) (2,803,145)
Interest expense, net ............................................................ (167,509) (185,415) (175,905)
Income before income taxes................................................ $ 1,662,714 $ 1,587,683 $ 1,452,986
Segment Assets:
Auto Parts Stores ................................................................. $ 7,300,360 $ 6,719,885 $ 6,214,688
Other ................................................................................... 217,498 172,204 50,951
Total .................................................................................... $ 7,517,858 $ 6,892,089 $ 6,265,639
Capital Expenditures:
Auto Parts Stores ................................................................. $ 423,951 $ 402,028 $ 364,361
Other ................................................................................... 14,165 12,423 13,693
Total .................................................................................... $ 438,116 $ 414,451 $ 378,054
Auto Parts Stores Sales by Product Grouping:
Failure .................................................................................. $ 4,274,528 $ 4,214,642 $ 3,793,963
Maintenance items ............................................................... 3,362,969 3,224,229 3,196,807
Discretionary ....................................................................... 1,494,672 1,419,852 1,431,789
Auto Parts Stores net sales .................................................. $ 9,132,169 $ 8,858,723 $ 8,422,559
10-K