O'Reilly Auto Parts 2009 Annual Report Download - page 38

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24
Years ended December 31, 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
(In thousands, except per share data)
SELECTED OPERATING DATA:
Number of stores at year-end (a)
3,421
3,285
1,830
1,640
1,470
1,249
1,109
981
875
672
Total store square footage at year-end
(in 000’s)(a)(b)
24,200
23,205
12,439
11,004
9,801
8,318
7,348
6,408
5,882
4,491
Sales per weighted-average store
( in 000’s)(a)(b) $
1,424
$
1,379
$
1,430
$
1,439
$
1,478
$
1,443
$
1,413
$
1,372
$
1,426
$
1,412
Sales per weighted-average square
foot (b) $
202
$
201
$
212
$
215
$
220
$
217
$
215
$
211
$
219
$
218
Percentage increase in same store
sales (c)(d)(e)
4.6%
1.5%
3.7%
3.3%
7.5%
6.8%
7.8%
3.7%
8.8%
5.0%
BALANCE SHEET DATA:
Working capital $
995,344
$
821,932
$
573,328
$
566,892
$
424,974
$
479,662
$
441,617
$
483,623
$
429,527
$
296,272
Total assets
4,781,471
4,193,317
2,279,737
1,977,496
1,718,896
1,432,357
1,157,033
1,009,419
856,859
715,995
Current portion of long-term debt and
short-term debt
106,708
8,131
25,320
309
75,313
592
925
682
16,843
49,121
Long-term debt, less current portion
684,040
724,564
75,149
110,170
25,461
100,322
120,977
190,470
165,618
90,463
Shareholders’ equity
2,685,865
2,282,218
1,592,477
1,364,096
1,145,769
947,817
784,285
650,524
556,291
463,731
(a) Store count for 2002 does not include 27 stores acquired from Dick Smith Enterprises and Davie Automotive, Inc. in December 2002.
(b) Total square footage includes normal selling, office, stockroom and receiving space. Sales per weighted-average store and square foot are weighted to consider the
approximate dates of store openings or expansions.
(c) Same-store sales are calculated based on the change in sales of stores open at least one year. Percentage increase in same-store sales is calculated based on store
sales results, which exclude sales of specialty machinery, sales by outside salesmen and sales to team members.
(d) Same-store sales for 2008 include sales for stores acquired in the CSK acquisition. Comparable stores sales for O’Reilly stores open at least one year increased
2.6% for the year ended December 31, 2008. Comparable stores sales for CSK stores open at least one year decreased 1.7% for the portion of CSK’s sales in 2008 since
the July 11, 2008, acquisition.
(e) Same-store sales for 2009 include sales for stores acquired in the CSK acquisition. Comparable stores sales for stores operating on O’Reilly systems open at least
one year increased 5.4% for the year ended December 31, 2009. Comparable stores sales for stores operating on the legacy CSK system open at least one year increased
3.0% for the year ended December 31, 2009.