Segment and Related Information

4 Months Ended

Apr. 21, 2012

Segment Reporting Information [Line Items]

Segment Reporting Disclosure [Text Block]

Segment and Related Information:

The Company has the following two reportable segments: AAP and AI. The AAP segment is comprised of 3,482 stores as of April 21, 2012, which operated in the United States, Puerto Rico and the Virgin Islands under the trade names “Advance Auto Parts,” “Advance Discount Auto Parts” and “Western Auto.” These stores offer a broad selection of brand name and proprietary automotive replacement parts, accessories and maintenance items for domestic and imported cars and light trucks. The AAP segment also includes the Company's e-commerce operations.

The AI segment consists solely of the operations of Autopart International, and operates stores under the “Autopart International” trade name. AI mainly serves the Commercial market from its 200 stores as of April 21, 2012 located in the Northeastern and Mid-Atlantic regions of the United States and Florida. In addition, its North American Sales Division services warehouse distributors and jobbers throughout North America.

The Company evaluates each of its segment’s financial performance based on net sales and operating profit for purposes of allocating resources and assessing performance. The accounting policies of the reportable segments are generally the same as those described in the Annual Report on Form 10-K for the year ended December 31, 2011.

The following table summarizes financial information for each of the Company's business segments for the sixteen weeks ended April 21, 2012 and April 23, 2011, respectively.

	Sixteen Week Periods Ended
	April 21, 2012			April 23, 2011
Net sales
AAP	$	1,868,431		$	1,814,356
AI	93,594			88,535
Eliminations (1)	(4,733		)	(4,828		)
Total net sales	$	1,957,292		$	1,898,063
Income before provision for income taxes
AAP	$	211,349		$	174,668
AI	3,863			1,645
Total income before provision for income taxes	$	215,212		$	176,313
Provision for income taxes
AAP	$	80,134		$	66,076
AI	1,572			654
Total provision for income taxes	$	81,706		$	66,730
Segment assets
AAP	$	3,800,745		$	3,330,675
AI	244,367			242,708
Total segment assets	$	4,045,112		$	3,573,383

⁽¹⁾  For the sixteen weeks ended April 21, 2012, eliminations represented net sales of $2,897 from AAP to AI and $1,836 from AI to AAP. For the sixteen weeks ended April 23, 2011, eliminations represented net sales of $2,745 from AAP to AI and $2,083 from AI to AAP.