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Segment Reporting (Tables)
12 Months Ended
Aug. 26, 2017
Segment Reporting [Abstract]  
Segment Results

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 26,
2017
     August 27,
2016
     August 29,
2015
 

Net Sales:

        

Auto Parts Locations

   $ 10,523,272      $ 10,261,112      $ 9,824,876  

Other

     365,404        374,564        362,464  
  

 

 

    

 

 

    

 

 

 

Total

   $ 10,888,676      $ 10,635,676      $ 10,187,340  
  

 

 

    

 

 

    

 

 

 

Segment Profit:

        

Auto Parts Locations

   $ 5,544,494      $ 5,410,477      $ 5,132,624  

Other

     195,126        198,259        194,407  
  

 

 

    

 

 

    

 

 

 

Gross profit

     5,739,620        5,608,736        5,327,031  

Operating, selling, general and administrative expenses

     (3,659,551      (3,548,341      (3,373,980

Interest expense, net

     (154,580      (147,681      (150,439
  

 

 

    

 

 

    

 

 

 

Income before income taxes

   $ 1,925,489      $ 1,912,714      $ 1,802,612  
  

 

 

    

 

 

    

 

 

 

Segment Assets:

        

Auto Parts Locations

   $ 8,964,371      $ 8,351,883      $ 7,883,720  

Other

     295,410        247,904        218,629  
  

 

 

    

 

 

    

 

 

 

Total

   $ 9,259,781      $ 8,599,787      $ 8,102,349  
  

 

 

    

 

 

    

 

 

 

Capital Expenditures:

        

Auto Parts Locations

   $ 533,304      $ 470,631      $ 464,246  

Other

     20,528        18,160        16,333  
  

 

 

    

 

 

    

 

 

 

Total

   $ 553,832      $ 488,791      $ 480,579  
  

 

 

    

 

 

    

 

 

 

Auto Parts Locations Sales by Product Grouping:

        

Failure

   $ 5,100,702      $ 4,913,423      $ 4,650,271  

Maintenance items

     3,774,386        3,721,240        3,618,779  

Discretionary

     1,648,184        1,626,449        1,555,826  
  

 

 

    

 

 

    

 

 

 

Auto Parts Locations net sales

   $ 10,523,272      $ 10,261,112      $ 9,824,876