10-Q Filing

O REILLY AUTOMOTIVE INC CIK: 898173 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0000898173-18-000103`
Period End Date	20180331
Filing Date	20180507
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	orly-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 32 Cash Flow Statement 58

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`	$46.35M	USD	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 authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	84.30M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$224.39M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	82.27M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$216.25M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	82.27M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	84.30M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$76.24M	USD	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$78.23M	USD	Point-in-time
Inventory	`InventoryNet`	$3.01B	USD	Point-in-time
Inventory	`InventoryNet`	$3.05B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$52.52M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$49.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.40B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$5.19B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$5.29B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.90B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.85B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.34B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.39B	USD	Point-in-time
Goodwill	`Goodwill`	$789.06M	USD	Point-in-time
Goodwill	`Goodwill`	$789.10M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$41.35M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$41.38M	USD	Point-in-time
Total assets	`Assets`	$7.57B	USD	Point-in-time
Total assets	`Assets`	$7.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.19B	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$71.69M	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$74.83M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$77.15M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$84.58M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$62.44M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$69.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$66.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$239.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$236.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.75B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.65B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.98B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.19B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$89.78M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$85.41M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$211.81M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$207.68M	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000; Issued and outstanding shares - 82,267,885 as of March 31, 2018, and 84,302,187 as of December 31, 2017	`CommonStockValue`	$823.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000; Issued and outstanding shares - 82,267,885 as of March 31, 2018, and 84,302,187 as of December 31, 2017	`CommonStockValue`	$843.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.25B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.27B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-824.36M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-612.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$653.05M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$423.83M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.57B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.67B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.28B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$1.08B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsSold`	$1.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.20B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$778.41M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$727.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$403.16M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$422.85M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$19.40M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$28.22M	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$706.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$572.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$765.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$205.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-17.93M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-27.44M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$395.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$385.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$120.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$90.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$304.91M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.93M	USD	1 Quarter
Earnings per share - basic	`EarningsPerShareBasic`	$2.88	USD	1 Quarter
Earnings per share - basic	`EarningsPerShareBasic`	$3.65	USD	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	92.00M	shares	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.53M	shares	1 Quarter
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$2.83	USD	1 Quarter
Earnings per share - assuming dilution	`EarningsPerShareDiluted`	$3.61	USD	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.50M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.52M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$304.91M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.93M	USD	1 Quarter
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$57.01M	USD	1 Quarter
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$69.92M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$642.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$795.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.37M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.61M	USD	1 Quarter
Share-based compensation programs	`ShareBasedCompensation`	$5.18M	USD	1 Quarter
Share-based compensation programs	`ShareBasedCompensation`	$5.43M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.24M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.81M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-219.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.42M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$42.64M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$93.17M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.76M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$51.23M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$79.38M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$116.01M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$30.02M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$14.21M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$432.28M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$376.70M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.84M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.63M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$245.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$752.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$636.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$375.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.02M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-114.47M	USD	1 Quarter
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$482.00M	USD	1 Quarter
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$755.00M	USD	1 Quarter
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$392.00M	USD	1 Quarter
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$541.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$549.45M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$490.33M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$15.75M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$11.97M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-156.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.16M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-384.74M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-325.63M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-119.06M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.82M	USD	1 Quarter
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.35M	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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$38.52M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$27.54M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.35M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$146.60M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$38.52M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$27.54M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$7.94M	USD	1 Quarter
Interest paid, net of capitalized interest	`InterestPaidNet`	$31.95M	USD	1 Quarter
Interest paid, net of capitalized interest	`InterestPaidNet`	$48.76M	USD	1 Quarter

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