AutoZone 2015 Annual Report Download - page 164

Download and view the complete annual report

Please find page 164 of the 2015 AutoZone 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.

Page out of 185

  • 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
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185

71
The Company evaluates its reportable segment primarily on the basis of net sales and segment profit, which is
defined as gross profit. The following table shows segment results for the following fiscal years:
Year Ended
(in thousands) August 29,
2015
August 30,
2014
August 31,
2013
Net Sales:
Auto Parts Locations ........................................................... $ 9,824,876 $ 9,132,169 $ 8,858,723
Other ................................................................................... 362,464 343,144 288,807
Total .................................................................................... $10,187,340 $ 9,475,313 $ 9,147,530
Segment Profit:
Auto Parts Locations ........................................................... $ 5,132,624 $ 4,744,501 $ 4,568,190
Other ................................................................................... 194,407 190,406 172,745
Gross profit ......................................................................... 5,327,031 4,934,907 4,740,935
Operating, selling, general and administrative expenses ..... (3,373,980) (3,104,684) (2,967,837)
Interest expense, net ............................................................ (150,439) (167,509) (185,415)
Income before income taxes................................................ $ 1,802,612 $ 1,662,714 $ 1,587,683
Segment Assets:
Auto Parts Locations ........................................................... $ 7,883,720 $ 7,279,665 $ 6,696,963
Other ................................................................................... 218,629 217,498 172,204
Total .................................................................................... $ 8,102,349 $ 7,497,163 $ 6,869,167
Capital Expenditures:
Auto Parts Locations ........................................................... $ 464,246 $ 423,951 $ 402,028
Other ................................................................................... 16,333 14,165 12,423
Total .................................................................................... $ 480,579 $ 438,116 $ 414,451
Auto Parts Locations Sales by Product Grouping:
Failure .................................................................................. $ 4,650,271 $ 4,274,528 $ 4,214,642
Maintenance items ............................................................... 3,618,779 3,362,969 3,224,229
Discretionary ....................................................................... 1,555,826 1,494,672 1,419,852
Auto Parts Locations net sales ............................................. $ 9,824,876 $ 9,132,169 $ 8,858,723
10-K