10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-014469 |
| Period End Date | 20201130 |
| Filing Date | 20201218 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | azo-20201121x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.75B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$176.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.66B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$158.09M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$364.77M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$350.92M | USD | Point-in-time |
| Merchandise inventories |
InventoryFinishedGoodsNetOfReserves
|
$4.63B | USD | Point-in-time |
| Merchandise inventories |
InventoryFinishedGoodsNetOfReserves
|
$4.47B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$193.54M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$223.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.81B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.84B | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$8.28B | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$8.14B | USD | Point-in-time |
| Less: Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$3.63B | USD | Point-in-time |
| Less: Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$3.70B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.59B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.51B | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$2.58B | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$2.61B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$302.64M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$302.64M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$29.89M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$27.84M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$190.61M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$206.23M | USD | Point-in-time |
| Other long-term assets, total |
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
$3.10B | USD | Point-in-time |
| Other long-term assets, total |
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
$3.15B | USD | Point-in-time |
| Assets |
Assets
|
$14.57B | USD | Point-in-time |
| Assets |
Assets
|
$14.42B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.28B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.16B | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$246.33M | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$223.85M | USD | Point-in-time |
| Accrued expenses and other |
AccruedLiabilitiesCurrent
|
$771.36M | USD | Point-in-time |
| Accrued expenses and other |
AccruedLiabilitiesCurrent
|
$827.67M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$156.70M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$75.25M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$6.28B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$6.46B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.51B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.51B | USD | Point-in-time |
| Operating lease liabilities, less current portion |
OperatingLeaseLiabilityNoncurrent
|
$2.50B | USD | Point-in-time |
| Operating lease liabilities, less current portion |
OperatingLeaseLiabilityNoncurrent
|
$2.52B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$370.08M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$354.19M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$649.64M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$729.89M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, authorized 1,000 shares; no shares issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, authorized 1,000 shares; no shares issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 200,000 shares; 23,761 shares issued and 22,855 shares outstanding as of November 21, 2020; 23,697 shares issued and 23,376 shares outstanding as of August 29, 2020 |
CommonStockValue
|
$237.00K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 200,000 shares; 23,761 shares issued and 22,855 shares outstanding as of November 21, 2020; 23,697 shares issued and 23,376 shares outstanding as of August 29, 2020 |
CommonStockValue
|
$238.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.32B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.28B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.45B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.01B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-306.91M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-354.25M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$356.49M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$1.03B | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-1.03B | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-877.98M | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-1.78B | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-1.71B | USD | Point-in-time |
| Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$14.57B | USD | Point-in-time |
| Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$14.42B | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$3.15B | USD | 1 Quarter |
| Net sales |
Revenues
|
$2.79B | USD | 1 Quarter |
| Cost of sales, including warehouse and delivery expenses |
CostOfGoodsAndServicesSold
|
$1.48B | USD | 1 Quarter |
| Cost of sales, including warehouse and delivery expenses |
CostOfGoodsAndServicesSold
|
$1.29B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.68B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.50B | USD | 1 Quarter |
| Operating, selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$1.06B | USD | 1 Quarter |
| Operating, selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$1.00B | USD | 1 Quarter |
| Operating profit |
OperatingIncomeLoss
|
$615.23M | USD | 1 Quarter |
| Operating profit |
OperatingIncomeLoss
|
$500.02M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-43.74M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-46.18M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$569.05M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$456.28M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$126.61M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$105.94M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$350.34M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$442.43M | USD | 1 Quarter |
| Weighted average shares for basic earnings per share |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.22M | shares | 1 Quarter |
| Weighted average shares for basic earnings per share |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.88M | shares | 1 Quarter |
| Effect of dilutive stock equivalents |
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
618,000.00 | shares | 1 Quarter |
| Effect of dilutive stock equivalents |
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
555,000.00 | shares | 1 Quarter |
| Weighted average shares for diluted earnings per share |
WeightedAverageNumberOfDilutedSharesOutstanding
|
23.78M | shares | 1 Quarter |
| Weighted average shares for diluted earnings per share |
WeightedAverageNumberOfDilutedSharesOutstanding
|
24.49M | shares | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$14.67 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$19.05 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$14.30 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$18.61 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$442.43M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$350.34M | USD | 1 Quarter |
| Depreciation and amortization of property and equipment and intangibles |
DepreciationDepletionAndAmortization
|
$89.75M | USD | 1 Quarter |
| Depreciation and amortization of property and equipment and intangibles |
DepreciationDepletionAndAmortization
|
$89.55M | USD | 1 Quarter |
| Amortization of debt origination fees |
AmortizationOfFinancingCostsAndDiscounts
|
$3.15M | USD | 1 Quarter |
| Amortization of debt origination fees |
AmortizationOfFinancingCostsAndDiscounts
|
$2.19M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$10.29M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.94M | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$10.00M | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$10.51M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-17.49M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$23.25M | USD | 1 Quarter |
| Merchandise inventories |
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
|
$133.21M | USD | 1 Quarter |
| Merchandise inventories |
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
|
$124.75M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$48.27M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$56.27M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$79.56M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$69.39M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-98.98M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-31.68M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$447.10M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$683.49M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$113.04M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$101.41M | USD | 1 Quarter |
| Purchase of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$45.98M | USD | 1 Quarter |
| Purchase of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$35.45M | USD | 1 Quarter |
| Proceeds from sale of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$45.77M | USD | 1 Quarter |
| Proceeds from sale of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$51.21M | USD | 1 Quarter |
| (Payments) proceeds from disposal of capital assets and other, net |
PaymentsForProceedsFromCapitalAssetsAndOthers
|
$-379.00K | USD | 1 Quarter |
| (Payments) proceeds from disposal of capital assets and other, net |
PaymentsForProceedsFromCapitalAssetsAndOthers
|
$2.37M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-110.18M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-90.71M | USD | 1 Quarter |
| Net proceeds of commercial paper |
ProceedsFromRepaymentsOfCommercialPaper
|
$79.70M | USD | 1 Quarter |
| Net proceeds from sale of common stock |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$28.67M | USD | 1 Quarter |
| Net proceeds from sale of common stock |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$8.82M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$450.00M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$23.03B | USD | 92 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$678.32M | USD | 1 Quarter |
| Repayment of principal portion of finance lease liabilities |
FinanceLeasePrincipalPayments
|
$14.33M | USD | 1 Quarter |
| Repayment of principal portion of finance lease liabilities |
FinanceLeasePrincipalPayments
|
$13.79M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-663.44M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-375.81M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.21M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$3.32M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-86.81M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-18.21M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.75B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$176.30M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.66B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$158.09M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.75B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$176.30M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.66B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$158.09M | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Purchase of treasury stock, shares |
TreasuryStockSharesAcquired
|
148.30M | shares | 92 Qtrs |
| Purchase of treasury stock, shares |
TreasuryStockSharesAcquired
|
584,379.00 | shares | 1 Quarter |
| Purchase of treasury stock, shares |
TreasuryStockSharesAcquired
|
403,000.00 | shares | 1 Quarter |
| Balance |
StockholdersEquity
|
$-1.03B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-877.98M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-1.78B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-1.71B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$350.34M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$442.43M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$19.24M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$47.34M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$450.00M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$678.32M | USD | 1 Quarter |
| Issuance of common stock under stock options and stock purchase plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$28.67M | USD | 1 Quarter |
| Issuance of common stock under stock options and stock purchase plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$8.82M | USD | 1 Quarter |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$9.36M | USD | 1 Quarter |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$10.88M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$-1.03B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-877.98M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-1.78B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$-1.71B | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$350.34M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$442.43M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$19.04M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$46.99M | USD | 1 Quarter |
| Unrealized losses on marketable debt securities, net of taxes |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-309.00K | USD | 1 Quarter |
| Unrealized losses on marketable debt securities, net of taxes |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-188.00K | USD | 1 Quarter |
| Net derivative activities, net of taxes |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$389.00K | USD | 1 Quarter |
| Net derivative activities, net of taxes |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$659.00K | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$19.24M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$47.34M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$489.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$369.58M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.