GENUINE PARTS CO
For the period ended Mar 31, 2024. Filed Apr 18, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 18, 2024
GPC$124.71-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Income
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands, except per share data) | 2024 | 2023 |
| Net sales | $5,783,631 | $5,765,118 |
| Cost of goods sold | 3,708,976 | 3,751,717 |
| Gross profit | 2,074,655 | 2,013,401 |
| Operating expenses: | ||
| Selling, administrative and other expenses | 1,574,927 | 1,511,244 |
| Depreciation and amortization | 90,610 | 87,215 |
| Provision for doubtful accounts | 6,211 | 5,639 |
| Restructuring and other costs | 83,042 | — |
| Total operating expenses | 1,754,790 | 1,604,098 |
| Non-operating (income) expense: | ||
| Interest expense, net | 17,690 | 16,864 |
| Other | (23,006) | (11,967) |
| Total non-operating (income) expense | (5,316) | 4,897 |
| Income before income taxes | 325,181 | 404,406 |
| Income taxes | 76,287 | 100,449 |
| Net income | $248,894 | $303,957 |
| Dividends declared per common share | $1.000 | $0.950 |
| Basic earnings per share | $1.79 | $2.16 |
| Diluted earnings per share | $1.78 | $2.14 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.