O'Reilly Auto Parts 2015 Annual Report Download - page 29

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FORM 10-K
Item 6. Selected Financial Data
The table below compares O'Reilly Automotive, Inc.'s (the "Company's") selected financial data over a ten-year period.
Years ended December 31, 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
(In thousands, except per
share, Team Members, stores
and ratio data)
INCOME STATEMENT
DATA:
Sales ($) 7,966,674 7,216,081 6,649,237 6,182,184 5,788,816 5,397,525 4,847,062 3,576,553 2,522,319 2,283,222
Cost of goods sold, including
warehouse and distribution
expenses 3,804,031 3,507,180 3,280,236 3,084,766 2,951,467 2,776,533 2,520,534 1,948,627 1,401,859 1,276,511
Gross profit 4,162,643 3,708,901 3,369,001 3,097,418 2,837,349 2,620,992 2,326,528 1,627,926 1,120,460 1,006,711
Selling, general and
administrative expenses 2,648,622 2,438,527 2,265,516 2,120,025 1,973,381 1,887,316 1,788,909 1,292,309 815,309 724,396
Former CSK officer clawback —— — — (2,798) — — — — —
Legacy CSK Department of
Justice investigation charge —— — — — 20,900 — — — —
Operating income 1,514,021 1,270,374 1,103,485 977,393 866,766 712,776 537,619 335,617 305,151 282,315
Write-off of asset-based
revolving credit agreement
debt issuance costs —— — — (21,626) — — — — —
Termination of interest rate
swap agreements —— — — (4,237) — — — — —
Gain on settlement of note
receivable —— — — — 11,639 — — — —
Other income (expense), net (53,655) (48,192) (44,543) (35,872) (25,130) (35,042) (40,721) (33,085) 2,337 (50)
Total other income (expense) (53,655) (48,192) (44,543) (35,872) (50,993) (23,403) (40,721) (33,085) 2,337 (50)
Income before income taxes 1,460,366 1,222,182 1,058,942 941,521 815,773 689,373 496,898 302,532 307,488 282,265
Provision for income taxes 529,150 444,000 388,650 355,775 308,100 270,000 189,400 116,300 113,500 104,180
Net income ($) 931,216 778,182 670,292 585,746 507,673 419,373 307,498 186,232 193,988 178,085
Basic earnings per common
share:
Earnings per share – basic ($) 9.32 7.46 6.14 4.83 3.77 3.02 2.26 1.50 1.69 1.57
Weighted-average common
shares outstanding – basic 99,965 104,262 109,244 121,182 134,667 138,654 136,230 124,526 114,667 113,253
Earnings per common share -
assuming dilution:
Earnings per share – assuming
dilution ($) 9.17 7.34 6.03 4.75 3.71 2.95 2.23 1.48 1.67 1.55
Weighted-average common
shares outstanding – assuming
dilution 101,514 106,041 111,101 123,314 136,983 141,992 137,882 125,413 116,080 115,119
SELECTED OPERATING
DATA:
Number of Team Members at
year end 71,621 67,569 61,909 53,063 49,324 46,858 44,880 40,735 23,576 21,920
Number of stores at year end
(a) 4,571 4,366 4,166 3,976 3,740 3,570 3,421 3,285 1,830 1,640
Total store square footage at
year end (b) 33,148 31,591 30,077 28,628 26,530 25,315 24,200 23,205 12,439 11,004
Sales per weighted-average
store (c)($) 1,769 1,678 1,614 1,590 1,566 1,527 1,424 1,379 1,430 1,439
Sales per weighted-average
square foot (b)(d)($) 244 232 224 224 221 216 202 201 212 215
Percentage increase in
comparable store sales (e)(f) 7.5% 6.0% 4.6% 3.5% 4.6% 8.8% 4.8% 1.3% 3.7% 3.3%