$AAP
ADVANCE AUTO PARTS INC

2014 Q3 Form 10-Q Financial Statement

#000115844914000151 Filed on August 20, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q1 2013 Q3
Revenue $2.348B $1.550B
YoY Change 51.51% 6.06%
Cost Of Revenue $1.286B $770.3M
YoY Change 66.89% 5.22%
Gross Profit $1.062B $779.2M
YoY Change 36.3% 6.91%
Gross Profit Margin 45.24% 50.29%
Selling, General & Admin $821.4M $584.5M
YoY Change 40.53% 4.45%
% of Gross Profit 77.34% 75.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $64.50M $48.10M
YoY Change 34.1% 12.65%
% of Gross Profit 6.07% 6.17%
Operating Expenses $821.4M $584.5M
YoY Change 40.53% 4.45%
Operating Profit $240.7M $194.7M
YoY Change 23.62% 15.06%
Interest Expense $16.86M $8.024M
YoY Change 110.13% 0.97%
% of Operating Profit 7.01% 4.12%
Other Income/Expense, Net -$16.65M $365.0K
YoY Change -4662.47% -763.64%
Pretax Income $224.0M $187.0M
YoY Change 19.78% 16.02%
Income Tax $84.53M $70.15M
% Of Pretax Income 37.73% 37.51%
Net Earnings $139.5M $116.9M
YoY Change 19.35% 17.33%
Net Earnings / Revenue 5.94% 7.54%
Basic Earnings Per Share $1.91 $1.60
Diluted Earnings Per Share $1.89 $1.59
COMMON SHARES
Basic Shares Outstanding 72.93M shares 72.93M shares 72.93M shares
Diluted Shares Outstanding 73.40M shares 73.34M shares

Balance Sheet

Concept 2014 Q3 2014 Q1 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.00M $521.0M
YoY Change -87.14% 16.04%
Cash & Equivalents $67.45M $521.0M
Short-Term Investments
Other Short-Term Assets $89.74M $66.56M
YoY Change 34.84% 9.32%
Inventory $3.935B $2.407B
Prepaid Expenses
Receivables $622.4M $281.7M
Other Receivables $18.00M $11.00M
Total Short-Term Assets $4.715B $3.276B
YoY Change 43.91% 18.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.422B $1.285B
YoY Change 10.67% 1.69%
Goodwill $1.001B $798.1M $199.8M
YoY Change 401.13% 161.54%
Intangibles $779.4M $56.16M
YoY Change 1287.95% 90.56%
Long-Term Investments
YoY Change
Other Assets $51.44M $32.80M
YoY Change 56.83% -2.55%
Total Long-Term Assets $3.255B $1.576B
YoY Change 106.52% 12.25%
TOTAL ASSETS
Total Short-Term Assets $4.715B $3.276B
Total Long-Term Assets $3.255B $1.576B
Total Assets $7.970B $4.852B
YoY Change 64.24% 16.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.054B $2.048B
YoY Change 49.12% 17.84%
Accrued Expenses $579.2M $450.3M
YoY Change 28.64% 7.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $70.69M $878.0K
YoY Change 7951.71% 15.53%
Total Short-Term Liabilities $3.774B $2.640B
YoY Change 42.98% 15.17%
LONG-TERM LIABILITIES
Long-Term Debt $1.798B $604.1M
YoY Change 197.59% 0.74%
Other Long-Term Liabilities $583.0M $239.5M
YoY Change 143.41% 9.72%
Total Long-Term Liabilities $2.381B $843.6M
YoY Change 182.21% 3.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.774B $2.640B
Total Long-Term Liabilities $2.381B $843.6M
Total Liabilities $6.155B $3.483B
YoY Change 76.7% 12.0%
SHAREHOLDERS EQUITY
Retained Earnings $1.368B $944.8M
YoY Change 44.75% 66.0%
Common Stock $548.9M $522.3M
YoY Change 5.08% 1.98%
Preferred Stock
YoY Change
Treasury Stock (at cost) $108.6M $102.9M
YoY Change 5.6% 310.84%
Treasury Stock Shares
Shareholders Equity $1.815B $1.369B
YoY Change
Total Liabilities & Shareholders Equity $7.970B $4.852B
YoY Change 64.24% 16.39%

Cashflow Statement

Concept 2014 Q3 2014 Q1 2013 Q3
OPERATING ACTIVITIES
Net Income $139.5M $116.9M
YoY Change 19.35% 17.33%
Depreciation, Depletion And Amortization $64.50M $48.10M
YoY Change 34.1% 12.65%
Cash From Operating Activities $239.5M $174.8M
YoY Change 37.01% -0.68%
INVESTING ACTIVITIES
Capital Expenditures -$45.80M -$48.80M
YoY Change -6.15% -23.51%
Acquisitions
YoY Change
Other Investing Activities -$2.200M $7.400M
YoY Change -129.73% 7300.0%
Cash From Investing Activities -$47.90M -$41.40M
YoY Change 15.7% -35.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -205.5M -20.30M
YoY Change 912.32% -26.71%
NET CHANGE
Cash From Operating Activities 239.5M 174.8M
Cash From Investing Activities -47.90M -41.40M
Cash From Financing Activities -205.5M -20.30M
Net Change In Cash -13.90M 113.1M
YoY Change -112.29% 33.69%
FREE CASH FLOW
Cash From Operating Activities $239.5M $174.8M
Capital Expenditures -$45.80M -$48.80M
Free Cash Flow $285.3M $223.6M
YoY Change 27.59% -6.76%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
2048202000 USD
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3054340000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2180614000 USD
CY2013Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
290890000 USD
CY2014Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
639262000 USD
CY2013Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
292812000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
277595000 USD
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
622432000 USD
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
281714000 USD
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
579199000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
428625000 USD
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
450253000 USD
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1312031000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1255474000 USD
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1189931000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6774000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4749000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3683000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
531293000 USD
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
548875000 USD
CY2013Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
522342000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
-19891000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
-4120000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4593000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12363000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
5131000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
14396000 USD
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11098000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13295000 USD
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16830000 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
60000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25000 shares
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
64000 shares
CY2014Q3 us-gaap Assets
Assets
7969525000 USD
CY2013Q3 us-gaap Assets
Assets
4852288000 USD
CY2013Q4 us-gaap Assets
Assets
5564774000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
3989384000 USD
CY2013Q3 us-gaap Assets Current
AssetsCurrent
3276279000 USD
CY2014Q3 us-gaap Assets Current
AssetsCurrent
4714776000 USD
CY2013Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
2064000 USD
CY2014Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
615000 USD
CY2013Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
2237000 USD
CY2013Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.93
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.65
CY2013Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.92
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
3.62
CY2013Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
141001000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
266664000 USD
CY2013Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2328733000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
5037623000 USD
CY2014Q1 us-gaap Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
13009000 USD
CY2014Q1 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
256727000 USD
CY2014Q1 us-gaap Business Combination Acquired Receivables Gross Contractual Amount
BusinessCombinationAcquiredReceivablesGrossContractualAmount
269736000 USD
CY2013 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
26970000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1112471000 USD
CY2014Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-4726000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-10047000 USD
CY2013Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
12842000 USD
CY2014Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2013Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9475000 USD
CY2014Q1 us-gaap Business Combination Indemnification Assets Amount As Of Acquisition Date
BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate
4585000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
25176000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
125591000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
256727000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
704282000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
143071000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
756571000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
1159008000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1282656000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities
357350000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
1741000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
162545000 USD
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
2080804000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
520969000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67446000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
598111000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1045025000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-77142000 USD
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
7000 USD
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
7000 USD
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
7000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
116729000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
146003000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
240743000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
290305000 USD
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
770330000 USD
us-gaap Dividends
Dividends
8810000 USD
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1285589000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2901966000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1777428000 USD
CY2014Q3 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
66491000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12201000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5893000 USD
us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
0 USD
CY2013Q3 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
0 USD
CY2014Q3 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
0 USD
us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
2327000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
152703000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112072000 USD
us-gaap Dividends
Dividends
8797000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
2735000 USD
CY2013 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
0 USD
us-gaap Gross Profit
GrossProfit
1787429000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
1062108000 USD
CY2014Q3 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2014Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.93
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.23
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.59
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.90
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2321000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
35000000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M16D
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4546000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1871000 USD
CY2014Q1 us-gaap Escrow Deposit
EscrowDeposit
200881000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5138000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
14570000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
14570000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
5138000 USD
CY2013Q3 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
2285553000 USD
CY2013Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
2424795000 USD
CY2014Q3 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
3794063000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
221065000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25781000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
43299000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
46183000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
48536000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
52357000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-423000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-989000 USD
CY2013Q3 us-gaap Goodwill
Goodwill
199791000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
1001213000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
199835000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
798148000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
76389000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
123402000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
798643000 USD
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
123446000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
13183000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
136964000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89750000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
169352000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
779223000 USD
us-gaap Gross Profit
GrossProfit
2415230000 USD
CY2014Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
33307000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
381389000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
224020000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
187023000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
456783000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
169569000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84532000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142728000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-18915000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
33266000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
87365000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
93683000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
32181000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
217372000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
53997000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
39048000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13965000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
406000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1079000 USD
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
413000 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
469000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
479000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
526000 shares
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
779401000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
49872000 USD
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
56155000 USD
us-gaap Interest Expense
InterestExpense
40503000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
16861000 USD
us-gaap Interest Expense
InterestExpense
18684000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
8024000 USD
us-gaap Interest Paid Net
InterestPaidNet
17879000 USD
us-gaap Interest Paid Net
InterestPaidNet
28745000 USD
CY2014Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
141094000 USD
CY2013Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
131762000 USD
CY2013Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
121488000 USD
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
9332000 USD
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
-4702000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
2556557000 USD
CY2014Q3 us-gaap Inventory Net
InventoryNet
3935157000 USD
CY2013Q3 us-gaap Inventory Net
InventoryNet
2407041000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2014Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
126404000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5564774000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4852288000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7969525000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2764785000 USD
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2639665000 USD
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3774173000 USD
CY2014Q1 us-gaap Line Of Credit
LineOfCredit
306046000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
916000 USD
CY2014Q3 us-gaap Line Of Credit
LineOfCredit
132500000 USD
CY2013Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2013Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0020
CY2014Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2014Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
741096000 USD
CY2014Q1 us-gaap Loans Payable
LoansPayable
700000000 USD
CY2014Q3 us-gaap Loans Payable
LoansPayable
682500000 USD
CY2013Q3 us-gaap Loans Payable
LoansPayable
0 USD
CY2013Q4 us-gaap Loans Payable
LoansPayable
0 USD
CY2013Q3 us-gaap Long Term Debt
LongTermDebt
604995000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
1868489000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
1053584000 USD
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
70694000 USD
CY2013Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
878000 USD
us-gaap Long Term Debt Description
LongTermDebtDescription
On December 5, 2013, the Company entered into a new credit agreement (the “2013 Credit Agreement”) which provides a $700,000 unsecured term loan and a $1,000,000 unsecured revolving credit facility with Advance Stores, as Borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent. This revolving credit facility replaced the revolver under the Company’s former Credit Agreement dated as of May 27, 2011 with Advance Stores, as Borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (the “2011 Credit Agreement”). Upon execution of the 2013 Credit Agreement, the lenders’ commitments under the 2011 Credit Agreement were terminated and the liabilities of the Company and its subsidiaries with respect to their obligations under the 2011 Credit Agreement were discharged. The new revolving credit facility also provides for the issuance of letters of credit with a sub-limit of $300,000 and swingline loans in an amount not to exceed $50,000. The Company may request, subject to agreement by one or more lenders, that the total revolving commitment be increased by an amount not to exceed $250,000 by those respective lenders (up to a total commitment of $1,250,000) during the term of the 2013 Credit Agreement. Voluntary prepayments and voluntary reductions of the revolving balance are permitted in whole or in part, at the Company’s option, in minimum principal amounts as specified in the 2013 Credit Agreement. Under the terms of the 2013 Credit Agreement the revolving credit facility terminates in December 2018 and the term loan matures in January 2019.
CY2013Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
630000000 USD
CY2014Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1885000000 USD
CY2013Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1086000000 USD
CY2013Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
604117000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1052668000 USD
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1797795000 USD
us-gaap Net Income Loss
NetIncomeLoss
287214000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
802059000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-105063000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2165324000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-282169000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
320561000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
310090000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
116871000 USD
us-gaap Net Income Loss
NetIncomeLoss
238661000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
139488000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
238661000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
287214000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
116871000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
139488000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
238103000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
116596000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
286324000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
139033000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
12894000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
16375000 USD
CY2014Q1 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
48604000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
194682000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
240673000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
398750000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
496475000 USD
CY2014Q3 us-gaap Other Assets Current
OtherAssetsCurrent
89741000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
42761000 USD
CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
66555000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
51437000 USD
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32797000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
39649000 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-139000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-245000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-323000 USD
CY2013Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-142000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
157000 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
89000 USD
CY2013Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
91000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
207000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6654000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3414000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6515000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2082000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-142000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3091000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
154630000 USD
CY2013Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
140332000 USD
CY2014Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
69940000 USD
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
583032000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
231116000 USD
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
239527000 USD
CY2014Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
5694000 USD
CY2013Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
5995000 USD
CY2013Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
5916000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1402000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-858000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
208000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1323000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
365000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
811000 USD
CY2013Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-275000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-558000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-890000 USD
CY2014Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-455000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
75788000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
757000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
13193000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
13178000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4120000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
19891000 USD
CY2014Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2080804000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
187211000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2059184000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
106270000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111904000 USD
CY2014Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.87
CY2013Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.95
CY2013Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.95
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4208000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3029000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1677600000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-406000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-340000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
6221000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-8724000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
130000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
148000 USD
CY2012Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
38425000 USD
CY2014Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
45773000 USD
CY2013Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
38120000 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
39512000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
24277000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20971000 USD
CY2013 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
41293000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
26048000 USD
CY2013 us-gaap Product Warranty Expense
ProductWarrantyExpense
42380000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
20666000 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1285029000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1283970000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1422083000 USD
CY2013Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
281714000 USD
CY2014Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
622432000 USD
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
277595000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
862600000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1089112000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
944764000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1367516000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
5317196000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1549553000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
3564857000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
2347697000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
4490000 USD
CY2013 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y2M12D
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1918755000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
584541000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
821435000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1388679000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4593000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12363000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
5230000 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P4Y9M18D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.002
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.276
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.01
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17971000 USD
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
153368000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P49M
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1105000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2308000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1903000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1874000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
1814525000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1516205000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
1368979000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1210694000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
26000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
21000 USD
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
108647000 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
107890000 USD
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
102883000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
757000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
75788000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73374000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73343000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73399000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73607000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72930000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73081000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72930000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72895000 shares
CY2014Q3 aap Account Receivable Other
AccountReceivableOther
18714000 USD
CY2013Q4 aap Account Receivable Other
AccountReceivableOther
6884000 USD
CY2013Q3 aap Account Receivable Other
AccountReceivableOther
10541000 USD
CY2013Q3 aap Accounts Receivable Trade
AccountsReceivableTrade
163978000 USD
CY2013Q4 aap Accounts Receivable Trade
AccountsReceivableTrade
145670000 USD
CY2014Q3 aap Accounts Receivable Trade
AccountsReceivableTrade
453622000 USD
CY2013Q4 aap Accounts Receivable Vendor
AccountsReceivableVendor
138336000 USD
CY2013Q3 aap Accounts Receivable Vendor
AccountsReceivableVendor
118293000 USD
CY2014Q3 aap Accounts Receivable Vendor
AccountsReceivableVendor
166926000 USD
CY2014Q3 aap Aggregate Instinisic Value Stock Price
AggregateInstinisicValueStockPrice
133.29
CY2014Q1 aap Amountpaidformakewholefeesandtransactionrelatedfees
Amountpaidformakewholefeesandtransactionrelatedfees
78512000 USD
aap Business Combination Eliminationofdeferredgainfromsaleleasebacktransaction
BusinessCombinationEliminationofdeferredgainfromsaleleasebacktransaction
2710000 USD
CY2014Q3 aap Business Combination Eliminationofdeferredgainfromsaleleasebacktransaction
BusinessCombinationEliminationofdeferredgainfromsaleleasebacktransaction
1122000 USD
CY2014Q1 aap Cashpaidinacquisition
Cashpaidinacquisition
1307991000 USD
aap Changesinothercomprehensiveincomearisingfromallpostretirementbenefitactivity
Changesinothercomprehensiveincomearisingfromallpostretirementbenefitactivity
2082000 USD
aap Changesinothercomprehensiveincomearisingfromallpostretirementbenefitactivity
Changesinothercomprehensiveincomearisingfromallpostretirementbenefitactivity
-323000 USD
aap Income Before Equity In Earnings Of Subsidiaries
IncomeBeforeEquityInEarningsOfSubsidiaries
287214000 USD
CY2014Q3 aap Income Before Equity In Earnings Of Subsidiaries
IncomeBeforeEquityInEarningsOfSubsidiaries
139488000 USD
CY2014Q3 aap Intercompany Payable Net
IntercompanyPayableNet
0 USD
CY2014Q3 aap Line Of Credit Letter Of Credit Sublimit
LineOfCreditLetterOfCreditSublimit
300000000 USD
CY2014Q3 aap Line Of Credit Swingline Sublimit
LineOfCreditSwinglineSublimit
50000000 USD
aap Receivable For Sale Of Certain Assets Of Acquired Business
ReceivableForSaleOfCertainAssetsOfAcquiredBusiness
0 USD
aap Receivable For Sale Of Certain Assets Of Acquired Business
ReceivableForSaleOfCertainAssetsOfAcquiredBusiness
1224000 USD
CY2014Q1 aap Repaymentof Gp Idebt
RepaymentofGPIdebt
694301000 USD
aap Sale Of Certain Assets Of Acquired Business
SaleOfCertainAssetsOfAcquiredBusiness
0 USD
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
aap Indentureprovisionsforeventsofdefault
Indentureprovisionsforeventsofdefault
The Indenture contains customary provisions for events of default including for: (i) failure to pay principal or interest when due and payable; (ii) failure to comply with covenants or agreements in the Indenture or the Notes and failure to cure or obtain a waiver of such default upon notice; (iii) a default under any debt for money borrowed by the Company or any of its subsidiaries that results in acceleration of the maturity of such debt, or failure to pay any such debt within any applicable grace period after final stated maturity, in an aggregate amount greater than $25,000 without such debt having been discharged or acceleration having been rescinded or annulled within 10 days after receipt by the Company of notice of the default by the Trustee or holders of not less than 25% in aggregate principal amount of the Notes then outstanding; and (iv) events of bankruptcy, insolvency or reorganization affecting the Company and certain of its subsidiaries. In the case of an event of default, the principal amount of the Notes plus accrued and unpaid interest may be accelerated. The Indenture also contains covenants limiting the ability of the Company and its subsidiaries to incur debt secured by liens and to enter into sale and lease-back transactions.
CY2014Q3 aap Intercompany Note Receivable
IntercompanyNoteReceivable
0 USD
aap Sale Of Certain Assets Of Acquired Business
SaleOfCertainAssetsOfAcquiredBusiness
16798000 USD
CY2014Q3 aap Shareholdersequityexcludingaccumulatedothercomprehensiveincome
Shareholdersequityexcludingaccumulatedothercomprehensiveincome
1807751000 USD
CY2014Q3 aap Termloanmaximumborrowingcapacity
Termloanmaximumborrowingcapacity
700000000 USD
CY2014Q3 aap Total Other Net
TotalOtherNet
-16653000 USD
CY2013Q3 aap Total Other Net
TotalOtherNet
-7659000 USD
aap Total Other Net
TotalOtherNet
-17361000 USD
aap Total Other Net
TotalOtherNet
-39692000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-03
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-07-12
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001158449
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
72975452 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q3 dei Entity Public Float
EntityPublicFloat
5984488886 USD
dei Entity Registrant Name
EntityRegistrantName
Advance Auto Parts Inc
dei Entity Voluntary Filers
EntityVoluntaryFilers
No

Files In Submission

Name View Source Status
0001158449-14-000151-index-headers.html Edgar Link pending
0001158449-14-000151-index.html Edgar Link pending
0001158449-14-000151.txt Edgar Link pending
0001158449-14-000151-xbrl.zip Edgar Link pending
aap-20140712.xml Edgar Link completed
aap-20140712.xsd Edgar Link pending
aap-20140712_cal.xml Edgar Link unprocessable
aap-20140712_def.xml Edgar Link unprocessable
aap-20140712_lab.xml Edgar Link unprocessable
aap-20140712_pre.xml Edgar Link unprocessable
aaplogoa02.jpg Edgar Link pending
aap_10q7122014.htm Edgar Link pending
aap_exhibit311x7122014.htm Edgar Link pending
aap_exhibit312x7122014.htm Edgar Link pending
aap_exhibit321x7122014.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending