O'Reilly Auto Parts 2003 Annual Report Download - page 7

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page 5
2003 financial highlights
In thousands, except earnings per share data and operating data
Year ended December 31 2003 2002 2001 2000 1999
Product Sales $ 1,511,816 $ 1,312,490 $ 1,092,112 $ 890,421 $ 754,122
Operating Income 165,275 138,301 113,831 90,029 76,920
Net Income 100,087 81,992 66,352 51,708 45,639
Working Capital 441,617 483,623 429,527 296,272 249,351
Total Assets 1,187,592 1,009,419 856,859 715,995 610,442
Long-Term Debt 120,977 190,470 165,618 90,463 90,704
Shareholders’ Equity 784,285 650,524 556,291 463,731 403,044
Net Income Per Common Share
(assuming dilution) 1.84 1.53 1.26 1.00 0.92
Weight-Average Common Share
(assuming dilution) 54,530 53,692 52,786 51,728 49,715
Stores At Year-End 1,109 981 875 672 571
Same-Store Sales Gain 7.8% 3.7% 8.8% 5.0% 9.6%
Team O'Reilly is committed to capitalizing on the demand for auto parts and accessories. Our 2-4-Your Future initiative, representing our
goal to reach $2 billion in sales per year by December 31, 2005, demonstrates this commitment.