10-K/APeriod: FY2001

AUTOZONE INC Annual Report (Amendment), Year Ended Aug 25, 2001

Filed March 4, 2002For Securities:AZO

Summary

This filing is an amendment to AutoZone, Inc.'s (AZO) 2001 Form 10-K, primarily to attach excerpts from its Annual Report to Stockholders as an exhibit. The amendment itself does not introduce new financial data or operational changes for the fiscal year ended August 25, 2001. Investors should note that the core financial information, management's discussion, and market risk disclosures are incorporated by reference from the previously filed Annual Report and related documents. The company's common stock was actively traded on the New York Stock Exchange, with a significant market value for non-affiliate shares reported as of October 15, 2001. The filing also confirms AutoZone's compliance with reporting requirements and references various agreements, plans, and credit facilities, including recent credit agreements and amendments from May 2001, which are important for understanding the company's financing structure.

Key Highlights

  • 1This is an amended Form 10-K (10-K/A) filed on March 3, 2002, for the fiscal year ended August 25, 2001, primarily to include Exhibit 13.1 (Excerpts from the Annual Report to Stockholders).
  • 2The core financial statements, management's discussion and analysis, and market risk disclosures are incorporated by reference from the Annual Report to Stockholders (Exhibit 13.1) and other previously filed documents.
  • 3As of October 15, 2001, AutoZone's common stock market value held by non-affiliates was approximately $4.03 billion, with over 107.8 million shares outstanding.
  • 4The company confirms it has filed all required reports for the preceding 12 months and has been subject to such filing requirements for the past 90 days.
  • 5The filing references significant corporate governance documents, including restated articles of incorporation, by-laws, and various stock option and compensation plans.
  • 6Several credit agreements and amendments, including a Credit Agreement dated May 22, 2001, and an amendment to a Five-Year Credit Agreement dated May 23, 2001, are listed as exhibits, indicating recent financing activities.
  • 7Schedule II details valuation and qualifying accounts, including reserves for accrued sales and warranty returns, showing changes over the fiscal years 1999, 2000, and 2001.

Frequently Asked Questions

The primary purpose of this amended Form 10-K filing (10-K/A) is to formally attach excerpts from AutoZone's Annual Report to Stockholders for the fiscal year ended August 25, 2001, as Exhibit 13.1. The amendment itself does not contain new financial data or operational disclosures beyond what was already presented in the initial Annual Report.

The detailed financial results, Management's Discussion and Analysis of Financial Condition and Results of Operations, and quantitative and qualitative disclosures about market risk are incorporated by reference from Exhibit 13.1 (Excerpts from the Annual Report to Stockholders) and other previously filed documents (like Form 10-Q and Proxy Statements) as referenced within this Form 10-K/A.

This specific filing (10-K/A) is primarily an administrative amendment to attach an exhibit. For updated information on market performance and strategic initiatives, investors should refer to the content within the incorporated Annual Report to Stockholders (Exhibit 13.1) and any subsequent 8-K filings made by the company, such as those referenced for Q4 2001 financial results and the planned sale of the TruckPro subsidiary.

Schedule II provides details on AutoZone's reserves and allowances, specifically for 'accrued sales and warranty returns' and 'other reserves.' It shows the balance at the beginning and end of each fiscal year (1999, 2000, 2001), along with additions charged to costs/expenses and deductions. For the year ended August 25, 2001, the reserve for accrued sales and warranty returns was $50,014,000, with $101,318,000 added and $87,865,000 deducted.