Company: ORLY
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000898173-25-000029
Chunk: 18

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 18
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 the chief operating decision maker that are included in reported segment profit or loss, which is consolidated net income, for the three months ended March 31, 2025 and 2024 (in thousands):​​​​​​​​​​​For the Three Months Ended ​​​March 31, ​​​2025​2024Automotive aftermarket parts segment:​​​​​​Sales​$ 4,136,924​$ 3,976,240Cost of goods sold, including warehouse and distribution expenses​​ 2,015,439​​ 1,942,068Gross profit​​ 2,121,485​​ 2,034,172Less: Team Member compensation expense (1)​​ 863,543​​ 816,497​Rent expense (2)​​ 113,160​​ 104,787​Depreciation and amortization expense​​ 99,010​​ 88,697​Advertising expense​​ 19,934​​ 18,167​Other segment items (3)​​ 283,923​​ 248,486​Interest expense​​ 57,564​​ 57,148​Provision for income taxes​​ 145,866​​ 153,152Consolidated net income​$ 538,485​$ 547,238(1)Team Member compensation expense derived from selling, general and administrative expenses included in Segment net income includes payroll expense, benefits and withholdings expense, share-based compensation expense, and nonqualified deferred compensation expense. (2)Rent expense derived from selling, general and administrative expenses included in Segment net income includes rent and common area maintenance expense.(3)Other segment items included in Segment net income includes vehicle expenses, utilities expense, real estate taxes and insurance expense, bad debt and banking fees expense, interest income, and other operating expenses.  

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