10-Q Filing

O REILLY AUTOMOTIVE INC CIK: 898173 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0000898173-17-000178`
Period End Date	20170930
Filing Date	20171107
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	orly-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 64 Cash Flow Statement 66

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$560.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.30M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.60M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	85.34M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$197.27M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$219.63M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	92.85M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$79.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	85.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	92.85M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$82.11M	USD	Point-in-time
Inventory	`InventoryNet`	$2.99B	USD	Point-in-time
Inventory	`InventoryNet`	$2.78B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$53.02M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.36B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$5.11B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.83B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.82B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.71B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.12B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.29B	USD	Point-in-time
Goodwill	`Goodwill`	$787.21M	USD	Point-in-time
Goodwill	`Goodwill`	$785.40M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$37.38M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$40.96M	USD	Point-in-time
Total assets	`Assets`	$7.48B	USD	Point-in-time
Total assets	`Assets`	$7.20B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.94B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.15B	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$67.92M	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$72.22M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$71.72M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$80.95M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$65.57M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$74.45M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$249.32M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$249.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.63B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.40B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.89B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.90B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$131.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$90.17M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$199.22M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$203.99M	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000; Issued and outstanding shares - 85,338,294 as of September 30, 2017, and 92,851,815 as of December 31, 2016	`CommonStockValue`	$929.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000; Issued and outstanding shares - 85,338,294 as of September 30, 2017, and 92,851,815 as of December 31, 2016	`CommonStockValue`	$853.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.34B	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$-654.48M	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$289.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$614.18M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.48B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.20B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$6.49B	USD	3 Qtrs
Sales	`SalesRevenueNet`	$6.79B	USD	3 Qtrs
Sales	`SalesRevenueNet`	$2.34B	USD	1 Quarter
Sales	`SalesRevenueNet`	$2.22B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$1.05B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$3.23B	USD	3 Qtrs
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$3.10B	USD	3 Qtrs
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$1.11B	USD	1 Quarter
Gross profit	`GrossProfit`	$3.56B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.17B	USD	1 Quarter
Gross profit	`GrossProfit`	$3.39B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.23B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.24B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$768.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.10B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$722.22M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$461.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.29B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$1.32B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$447.81M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$52.23M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$64.56M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$18.71M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$24.32M	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$1.23M	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$3.17M	USD	3 Qtrs
Interest income	`OtherInterestAndDividendIncome`	$592.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$1.77M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$1.30M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$3.82M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$1.56M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.30M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-45.23M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-22.43M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-15.92M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-61.48M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$431.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.25B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.26B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$439.53M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$153.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$429.59M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$454.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$155.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$283.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$831.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$791.66M	USD	3 Qtrs
Earnings per share - basic	`EarningsPerShareBasic`	$9.28	USD	3 Qtrs
Earnings per share - basic	`EarningsPerShareBasic`	$8.25	USD	3 Qtrs
Earnings per share - basic	`EarningsPerShareBasic`	$2.93	USD	1 Quarter
Earnings per share - basic	`EarningsPerShareBasic`	$3.26	USD	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.89M	shares	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	89.64M	shares	3 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	95.99M	shares	3 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	86.95M	shares	1 Quarter
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$2.90	USD	1 Quarter
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$3.22	USD	1 Quarter
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$9.15	USD	3 Qtrs
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$8.14	USD	3 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.87M	shares	3 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.12M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.03M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.31M	shares	3 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$278.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$283.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$831.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$791.66M	USD	3 Qtrs
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$161.45M	USD	3 Qtrs
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$173.50M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.81M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.08M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.44M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$41.85M	USD	3 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$14.37M	USD	3 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$14.84M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.17M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-8.17M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.76M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$35.31M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$208.34M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$158.88M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$390.85M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$217.49M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$39.64M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$32.12M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-60.00K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.98M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.21B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.09B	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$356.23M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$347.76M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.49M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.91M	USD	3 Qtrs
Payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.05M	USD	3 Qtrs
Payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.07M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-347.92M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-352.70M	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$2.49B	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$2.22B	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$748.80M	USD	3 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$499.16M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.12M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.49M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$959.79M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.89B	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$47.42M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$34.19M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-156.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-207.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-848.81M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-417.54M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$444.02M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-109.31M	USD	3 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$560.32M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$37.29M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$116.30M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$146.60M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$560.32M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$37.29M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$116.30M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$146.60M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$416.90M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$359.84M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$59.55M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$72.25M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.