Napa Auto Parts 2009 Annual Report Download - page 39
Download and view the complete annual report
Please find page 39 of the 2009 Napa Auto Parts 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.-
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
 |
 |
Table of Contents
Net sales $11,015,263 $10,843,195
Cost of goods sold 7,742,773 7,625,972
Gross margin 3,272,490 3,217,223
Operating expenses:
Selling, administrative, and other expenses 2,359,829 2,278,155
Depreciation and amortization 88,698 87,702
Provision for doubtful accounts 23,883 13,514
Total operating expenses 2,472,410 2,379,371
Non-operating expenses (income):
Interest expense 31,721 31,327
Other (109) (10,220)
Total non-operating expenses 31,612 21,107
Income before income taxes 768,468 816,745
Income taxes 293,051 310,406
Net income $ 475,417 $ 506,339
Basic net income per common share $ 2.93 $ 2.99
Diluted net income per common share $ 2.92 $ 2.98
Weighted average common shares outstanding 162,351 169,129
Dilutive effect of stock options and non-vested restricted stock awards 635 1,006
Weighted average common shares outstanding — assuming dilution 162,986 170,135
See accompanying notes.
F-6