Napa Auto Parts 2009 Annual Report Download - page 11

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Table of Contents
The Company’s Electrical/Electronic Materials Group operates in 30 locations in the United States, one location in Puerto Rico, one
location in the Dominican Republic, three locations in Mexico and one location in Canada. All of this Group’s 36 facilities are operated in
leased buildings except one facility, which is owned.
We believe that our facilities on the whole are in good condition, are adequately insured, are fully utilized and are suitable and
adequate for the conduct of our current operations.
For additional information regarding rental expense on leased properties, see Note 4 of Notes to Consolidated Financial Statements set
forth beginning on page F-1.
 
The Company is subject to various legal and governmental proceedings, many involving routine litigation incidental to the
businesses, including approximately 1,700 product liability lawsuits resulting from its national distribution of automotive parts and
supplies. Many of these involve claims of personal injury allegedly resulting from the use of automotive parts distributed by the
Company. While litigation of any type contains an element of uncertainty, the Company believes that its defense and ultimate resolution of
pending and reasonably anticipated claims will continue to occur within the ordinary course of the Company’s business and that
resolution of these claims will not have a material adverse effect on the Company’s business, results of operations or financial condition.
 
Not applicable.

 


The Company’s common stock is traded on the New York Stock Exchange under the ticker symbol “GPC”. The following table
sets forth the high and low sales prices for the common stock as reported on the New York Stock Exchange and dividends per share of
common stock paid during the last two fiscal years:

 
    
First   $46.28 $ 38.30
Second   45.83 39.68
Third   44.20 39.34
Fourth   40.62 29.92


 
First  $0.39
Second  0.39
Third  0.39
Fourth  0.39
11