O'Reilly Auto Parts 2000 Annual Report Download - page 16

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2000 AR
14
Years ended December 31, 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991
(In thousands, except selected operating data)
SELECTED OPERATING DATA:
Number of stores at
year-end (a) 672 571 491 259 219 188 165 145 127 116
Total store square footage at
year-end (in 000’s) (b) 4,491 3,777 3,172 1,454 1,155 923 785 671 571 511
Weighted-average product
sales per store (in 000’s) (b) $ 1,412 $ 1,423 $ 1,368 $ 1,306 $ 1,239 $ 1,101 $ 1,007 $ 949 $ 838 $ 759
Weighted-average product
sales per square foot (b)(f) $ 212.6 $ 216.5 $ 238.0 $ 235.8 $ 242.2 $ 227.3 $ 215.4 $ 208.7 $ 187.2 $ 174.4
Percentage increase in
same-store product sales
open two full periods (c) 4.0% 9.6% 6.8% 6.8% 14.4% 8.9% 8.9% 14.9% 11.4% 9.2%
Percentage increase in
same-store product sales
open one year (d) 5.0%
BALANCE SHEET DATA:
Working capital $ 296,272 $ 249,351 $208,363 $ 93,763 $74,403 $ 80,471 $ 41,416 $ 41,193 $15,251 $13,434
Total assets 715,995 610,442 493,288 247,617 183,623 153,604 87,327 73,112 58,871 49,549
Short-term debt 49,121 19,358 13,691 130 3,154 231 311 495 3,462 1,298
Long-term debt, less
current portion 90,463 90,704 170,166 22,641 237 358 461 732 2,668 3,326
Long-term debt related to
discontinued operations,
less current portion –– – – – – – – 9,873 10,316
Shareholders’ equity 463,731 403,044 218,394 182,039 155,782 133,870 70,224 57,805 29,281 22,881
SELECTED CONSOLIDATED
FINANCIAL DATA continued …
O’REILLY AUTOMOTIVE
(a) The number of stores at year-end 1991 and 1992 are net of the combinations in each such year of two stores located within one mile of each other.
Two stores were closed during 1997, one was closed in 1998 and one was closed in 2000. No other stores were closed during the periods presented.
Additionally, seven former Hi/LO stores located in California were sold in 1998.
(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 data are 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) Beginning January 2000, same-store product sales data are calculated based on the change in product sales of stores open at least one year.
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.
(e) There was no additional dilution until 1993 when options were first granted.
(f) 1998 does not include stores aquired from Hi/LO. Consolidated weighted-average product sales per square foot were $207.3.