Segment Reporting (Tables)

8 Months Ended

May 05, 2018

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. Segment results for the periods presented were as follows:

	Twelve Weeks Ended								Thirty-Six Weeks Ended
(in thousands)	May 5, 2018				May 6, 2017				May 5, 2018				May 6, 2017
Net Sales
Auto Parts Locations		$	2,610,485			$	2,530,689			$	7,452,186			$	7,125,812
Other			49,667				88,318				210,123				250,259
Total		$	2,660,152			$	2,619,007			$	7,662,309			$	7,376,071
Segment Profit
Auto Parts Locations		$	1,387,497			$	1,332,086			$	3,942,949			$	3,750,776
Other			35,477				46,332				122,918				134,720
Gross profit			1,422,974				1,378,418				4,065,867				3,885,496
Operating, selling, general and administrative expenses (1)			(877,209	)			(848,848	)			(2,846,250	)			(2,513,054	)
Interest expense, net			(41,958	)			(35,675	)			(120,186	)			(103,180	)
Income before income taxes		$	503,807			$	493,895			$	1,099,431			$	1,269,262

(1) Includes impairment charges of $193.2 million for the thirty-six weeks ended May 5, 2018. See “Note L – Sale of Assets” for further discussion.