Five-Year Review—Other Performance Measures Fiscal Year Ended August (in thousands, except percentage data) 2003 (1) 2002 (2) 2001 (3) 2000 1999 After-tax return on invested capital (4) 23.4% 19.8% 10.1% 12.9% 12.4% After-tax return on invested capital, excluding  restructuring and impairment charges (4) 23.4% 19.8% 13.4% 12.9% 12.4% Net cash provided by operating activities $698,255 $739,091 $458,937 $512,960 $ 311,668 Cash flow before share repurchases (5) $538,767 $729,868 $390,632 $245,970 $(108,671) (1) Fiscal 2003 operating results include a $10 million pre-tax negative impact and the reclassification of certain vendor funding to increase operating expenses by $53 million and decrease cost of goods sold by $43 million, both as a result of the adoption of Emerging Issues Task Force Issue No. 02-16 regarding vendor funding. (2) 53 weeks. Comparable store sales, average net sales per domestic auto parts store and average net sales per store square foot for fiscal 2002 have been adjusted to exclude net sales for the 53rd week. (3) Fiscal 2001 operating results include pretax restructuring and impairment charges of $156.8 million, or $0.84 per diluted share after tax. (4) After-tax return on invested capital is calculated as after-tax operating profit (excluding rent) divided by average invested capital (which includes a factor to capitalize operating leases). See Reconciliation of Non-GAAP Financial Measures. (5) Cash flow before share repurchases is calculated as the change in debt plus treasury stock purchases. See Reconciliation of Non-GAAP Financial Measures. (1) The third quarter of fiscal 2003 includes a $4.7 million pre-tax gain associated with the settlement of certain liabilities and the repayment of a note associ- ated with the sale of the TruckPro business in December 2001. The third quarter of fiscal 2003 also includes a $3 million pre-tax negative impact of the adoption of Emerging Task Force Issue No. 02-16 regarding vendor funding that resulted in an increase to operating expenses by $16 million and an increase to gross margin by $13 million. (2) The fourth quarter of fiscal 2003 includes a $4.6 million pre-tax gain as a result of the disposition of properties associated with the fiscal 2001 restructure and impairment charges. The fourth quarter of fiscal 2003 also includes a $7 million pre-tax negative impact of the adoption of Emerging Task Force Issue No. 02-16 regarding vendor funding that resulted in an increase to operating expenses by $37 million and an increase to gross margin by $30 million. 20 Quarterly Summary (unaudited) Sixteen Twelve Weeks Ended Weeks Ended November 23, February 15, May 10, August 30, (in thousands, except per share data) 2002 2003 2003 (1) 2003 (2) Net sales $1,218,635 $1,120,696 $1,288,445 $1,829,347 Increase in comparable store sales 5% 2% 3% 3% Gross profit $ 549,390 $ 495,999 $ 598,823 $ 870,797 Operating profit 188,326 147,498 221,883 360,090 Income before income taxes 169,221 127,865 202,530 333,391 Net income 104,911 79,275 125,977 207,441 Basic earnings per share $ 1.06 $ 0.81 $ 1.33 $ 2.32 Diluted earnings per share $ 1.04 $ 0.79 $ 1.30 $ 2.27 Stock price range: High $ 89.34 $ 86.45 $ 87.00 $ 92.29 Low $ 68.55 $ 58.21 $ 61.11 $ 73.80 Seventeen Twelve Weeks Ended Weeks Ended November 17, February 9, May 4, August 31, (in thousands, except per share data) 2001 2002 2002 2002 Net sales $ 1,176,052 $ 1,081,311 $ 1,224,810 $ 1,843,337 Increase in comparable store sales 9% 12% 9% 7% Gross profit $ 516,136 $ 474,900 $ 541,984 $ 842,367 Operating profit 155,504 121,149 182,433 311,922 Income before income taxes 136,077 102,871 165,014 287,186 Net income 84,077 63,771 102,314 177,986 Basic earnings per share $ 0.78 $ 0.60 $ 0.98 $ 1.77 Diluted earnings per share $ 0.76 $ 0.58 $ 0.96 $ 1.73 Stock price range: High $ 68.00 $ 80.00 $ 80.00 $ 84.50 Low $ 38.07 $ 61.35 $ 61.23 $ 59.20