Napa Auto Parts 2008 Annual Report Download - page 16

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stock performance
Set forth below is a line graph comparing the yearly dollar change in the cumulative total shareholder return on the Company’s Common Stock
against the cumulative total shareholder return of the Standard and Poor’s 500 Stock Index and a peer group composite index structured by
the Company as set forth below for the five year period that commenced December 31, 2003 and ended December 31, 2008. is graph as-
sumes that $100 was invested on December 31, 2003 in Genuine Parts Company Common Stock, the S&P 500 Stock Index (the Company
is a member of the S&P 500, and its cumulative total shareholder return went into calculating the S&P 500 results set forth in the graph)
and the peer group composite index as set forth below and assumes reinvestment of all dividends.
comparison ofve year cumulative total shareholder return
2003 2004 2005 2006 2007 2008
250
225
200
175
150
125
100
75
50
25
0
genuine parts company, S&P 500 index & peer group composite index
In constructing the peer group composite index (“Peer Index”) for use in the stock performance graph above, the Company used the shareholder returns
of various publicly held companies (weighted in accordance with each company’s stock market capitalization at December 31, 2003 and including rein-
vestment of dividends) that compete with the Company in three industry segments: automotive parts, industrial parts and office products (each group
of companies included in the Peer Index as competing with the Company in a separate industry segment is hereinafter referred to as a Peer Group”). In-
cluded in the automotive parts Peer Group are those companies making up the Dow Jones Auto Parts and Equipment Index (the Company is a member
of such industry group, and its individual shareholder return was included when calculating the Peer Index results set forth in the performance graph).
Included in the industrial parts Peer Group are Applied Industrial Technologies, Inc. and Kaman Corporation and included in the office products Peer
Group is United Stationers Inc. e Peer Index does not break out a separate electrical/electronic peer group due to the fact that there is currently no
true market comparative to EIS. e electrical/electronic component of sales is redistributed to the Company’s other segments on a pro rata basis to
calculate the final Peer Index.
In determining the Peer Index, each Peer Group was weighted to reflect the Company’s annual net sales in each industry segment. Each industry segment
of the Company comprised the following percentages of the Company’s net sales for the fiscal years shown:
Cumulative Total Shareholder Return
$ at Fiscal Year End 2003 2004 2005 2006 2007 2008
Genuine Parts Company 100.00 136.89 140.39 156.36 157.26 133.62
S&P 500 100.00 110.88 116.32 134.69 142.09 89.52
Peer Index 100.00 119.83 127.94 147.65 176.27 106.25
Industry Segment 2003 2004 2005 2006 2007 2008
Automotive Parts 53% 52% 51% 49% 49% 48%
Industrial Parts 27% 27% 29% 30% 31% 32%
Office Products 17% 17% 17% 17% 16% 16%
Electrical/Electronic Materials 3% 4% 3% 4% 4% 4%
dollars
Genuine Parts Company
S&P Index
Peer Index
14