Fastenal (FAST)

Company ID: 200 | CIK: 0000815556
10-Q view:
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No 10-Q 3M data
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No 10-K data
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No 10-Q YTD data
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

Business Unit / Product Segments

No 10-Q data

Major Customers (% of Revenue)

Operational KPIs

Monthly sales per site (arpu)

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Average invoice amount (basket_size)

No 10-Q data

Onsite signings (bookings)

No 10-K data

In-market locations (branches)

Total vending machines installed (capacity)

No 10-K data

National account customers (customers)

Website visitors (engagement)

No 10-Q data

Fleet size (fleet_size)

Total employees (headcount)

Inventory at distribution centers (inventory_units)

Onsite signings (orders_received)

ASRS picking activity (other)

No 10-Q data

ASRS picking share (other)

No 10-Q data

ASRS-equipped facilities (other)

No 10-Q data

Absolute employee headcount (other)

No 10-K data

Accounts receivable growth (other)

No 10-K data

Accounts receivable, net (other)

No 10-K data

Active Onsite locations (other)

Active bin stock programs (other)

No 10-Q data

Active bin stocks (other)

No 10-Q data

Annual Sales to AR&I Ratio (other)

No 10-K data

Annual sales to AR and inventory ratio (other)

No 10-K data

Automated distribution centers (other)

No 10-Q data

Average daily net sales (other)

No 10-K data

Average monthly sales per Onsite (other)

No 10-Q data

Average monthly sales per branch (other)

No 10-Q data

Average monthly sales per store (other)

Average monthly store sales (other)

No 10-Q data

Average sales per new store (other)

No 10-Q data

Average sales per store (other)

No 10-Q data

Average store monthly sales (other)

Average store sales (other)

No 10-Q data

Avg monthly Onsite sales (other)

No 10-Q data

Avg monthly branch sales (other)

No 10-Q data

Avg monthly sales per Onsite (other)

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Avg monthly sales per branch (other)

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Avg revenue per Onsite (other)

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Band saw blade sales (other)

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Bin stocks active (other)

No 10-Q data

Branch channel revenue (other)

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Branch closures (other)

Branch openings (other)

Branch revenue (other)

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Branches closed (other)

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Branches opened (other)

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Business days (other)

CSP conversion (other)

No 10-K data

CSP core inventory (other)

No 10-Q data

CSP format stores (other)

No 10-Q data

CSP product daily sales growth (other)

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CSP product sales share (other)

No 10-K data

CSP store conversion (other)

CSP2 Store Conversions (other)

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CSP2 stores converted (other)

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Common Stock shares (other)

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Common shares outstanding (other)

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Common shares repurchased (other)

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Common stock shares (other)

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Common stock shares outstanding (other)

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Construction sales growth (other)

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Containers imported (other)

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Containers sourced (other)

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Contract customers (other)

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Contract sales (other)

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Contract sales mix (other)

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Contract-based sales (other)

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Contracted sales share (other)

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Countries of operation (other)

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Countries outside the U.S. (other)

No 10-Q data

Countries with branch locations (other)

No 10-Q data

Countries with in-market locations (other)

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Countries with locations (other)

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Countries with selling locations (other)

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Countries with stores (other)

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Cumulative sequential sales change (other)

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Cumulative vending machines installed (other)

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Currency impact on sales (other)

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Currency impact on sales growth (other)

No 10-K data

Customer site evaluations (other)

No 10-Q data

DCs with ASRS (other)

No 10-Q data

DSR growth fasteners (other)

No 10-Q data

DSR growth manufacturing (other)

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DSR growth non-fasteners (other)

No 10-Q data

DSR growth non-manufacturing (other)

No 10-Q data

Daily net sales (other)

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Daily sales (other)

Daily sales growth (other)

Daily sales growth - vending customers (other)

No 10-Q data

Daily sales growth by end market (other)

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Daily sales growth by store age (other)

No 10-K data

Daily sales growth to customers with industrial vending (other)

No 10-K data

Daily sales growth to vending customers (other)

Daily sales growth, stores over 10 years (other)

No 10-K data

Daily sales growth, stores over 5 years (other)

No 10-K data

Daily sales rate (other)

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Daily sales rate change (other)

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Deliveries arriving by 7 a.m. (other)

No 10-Q data

Delivery miles (other)

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Diesel fuel cost growth (other)

No 10-K data

Diesel fuel price (other)

No 10-Q data

Digital Footprint (other)

Digital Footprint % of sales (other)

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Digital Footprint penetration (other)

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Digital Footprint revenue share (other)

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Digital Footprint sales (other)

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Digital Footprint share (other)

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Digital Footprint share of sales (other)

Digital footprint (other)

No 10-Q data

Digital footprint mix (other)

No 10-Q data

Digital footprint share (other)

No 10-Q data

Digital footprint share of sales (other)

Direct/indirect sales mix (other)

No 10-Q data

Distribution centers (other)

No 10-Q data

Dividends paid (other)

No 10-K data

Dividends per share (other)

No 10-K data

E-commerce daily sales growth (other)

No 10-K data

E-commerce orders processed (other)

No 10-Q data

EDI sales (other)

No 10-Q data

Effective tax rate (other)

No 10-K data

Employee safety events (other)

No 10-Q data

Employees added (other)

No 10-Q data

Employees directly serving customers (other)

No 10-Q data

End market daily sales growth (other)

No 10-K data

End market mix (other)

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End market sales growth (other)

No 10-K data

End market sales mix (other)

End-market sales growth (other)

No 10-Q data

End-market sales share (other)

No 10-Q data

Exclusive brand SKUs (other)

No 10-Q data

Exclusive brands sales share (other)

No 10-Q data

Experience Modification Rate (other)

No 10-Q data

Experience modification rate (other)

No 10-Q data

FAST 5000 machine mix (other)

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FAST 5000 machine share (other)

No 10-Q data

FAST Solutions devices installed (other)

No 10-K data

FAST Solutions machine equivalent count installed (other)

No 10-K data

FASTBin/FASTVend installations (other)

No 10-K data

FASTBin/FASTVend sales (other)

No 10-K data

FASTBin/FASTVend signings (other)

No 10-K data

FASTStock annual sales (other)

No 10-Q data

FASTStock net sales (other)

No 10-K data

FASTStock sales (other)

FASTVend and FASTBin net sales (other)

No 10-K data

FASTVend devices (other)

No 10-Q data

FASTVend devices in field (other)

No 10-Q data

FASTVend devices installed (other)

No 10-Q data

FASTVend vends (other)

No 10-Q data

FMI daily sales (other)

FMI device signings (other)

FMI devices (other)

No 10-K data

FMI devices installed (other)

FMI devices signed (other)

No 10-Q data

FMI installations (other)

No 10-Q data

FMI net sales (other)

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FMI revenue via LIFT (other)

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FMI sales (other)

FMI share of sales (other)

FMI signings (other)

FMI signings per day (other)

FSB course completions (other)

No 10-Q data

FastTool sales mix (other)

No 10-K data

Fastenal School of Business course completions (other)

No 10-Q data

Fastener daily sales growth (other)

No 10-K data

Fastener product line mix (other)

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Fastener product line sales mix (other)

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Fastener sales growth (other)

No 10-Q data

Fastener sales mix (other)

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Fastener share of net sales (other)

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Five-day delivery coverage (other)

No 10-Q data

Fuel cost per gallon (other)

No 10-K data

Government customer sales mix (other)

No 10-K data

Government sales (other)

No 10-Q data

Gross margin (other)

No 10-K data

Gross profit margin (other)

No 10-K data

Gross profit percentage (other)

No 10-K data

Health and safety engagements (other)

No 10-Q data

Hydraulic hose sales (other)

No 10-Q data

In-house manufacturing mix (other)

No 10-Q data

In-house manufacturing sales share (other)

No 10-Q data

In-market locations (other)

No 10-K data

In-market units (other)

No 10-K data

Industrial vending devices (other)

Industrial vending devices in field (other)

No 10-Q data

Industrial vending devices installed (other)

Industrial vending devices signed (other)

Industrial vending machine equivalents installed (other)

No 10-K data

Industrial vending machine equivalents signed (other)

No 10-K data

Industrial vending machines (other)

Industrial vending machines installed (other)

Internal fleet shipping share (other)

No 10-Q data

Internal fleet tonnage share (other)

No 10-Q data

International revenue (other)

No 10-Q data

Inventory at selling locations (other)

No 10-Q data

Inventory growth (other)

No 10-K data

Inventory in stores (other)

No 10-Q data

Inventory location mix (other)

No 10-Q data

Inventory mix (other)

No 10-Q data

Inventory mix by location (other)

No 10-Q data

Inventory per CSP location (other)

No 10-K data

Inventory staged locally (other)

No 10-Q data

Inventory value (other)

No 10-Q data

Key account revenue (other)

No 10-Q data

LIFT-serviced FMI revenue share (other)

No 10-Q data

LIFT-supported FMI sales (other)

No 10-Q data

LIFT-supported FMI share (other)

No 10-Q data

Leased check-in/check-out lockers (other)

No 10-Q data

Leased locker devices (other)

No 10-Q data

Leased vending lockers (other)

No 10-Q data

Locker devices deployed (other)

No 10-K data

Locker lease devices deployed (other)

No 10-K data

Logistics services revenue (other)

No 10-Q data

Machine equivalent count installed (other)

No 10-K data

Machine equivalent devices installed (other)

No 10-Q data

Machine equivalent devices signed (other)

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Machine equivalent installed (other)

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Manufactured sales share (other)

No 10-Q data

Manufacturing & support mix (other)

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Manufacturing and support services sales (other)

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Manufacturing end-market share (other)

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Manufacturing jobs (other)

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Manufacturing locations (other)

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Manufacturing revenue (other)

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Manufacturing sales growth (other)

Manufacturing sales mix (other)

No 10-K data

Miles delivered (other)

No 10-Q data

Miles driven (other)

No 10-Q data

Monthly vended product sales (other)

No 10-Q data

Multi-channel customer share (other)

No 10-Q data

National account contracts signed (other)

National account customers using e-commerce (other)

No 10-Q data

National account daily sales growth (other)

No 10-K data

National account revenue share (other)

No 10-K data

National account sales (other)

No 10-Q data

National account sales growth (other)

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National account sales mix (other)

No 10-Q data

National account sales share (other)

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National account share of sales (other)

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National accounts mix (other)

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National accounts revenue share (other)

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National accounts sales (other)

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National accounts sales mix (other)

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National accounts share (other)

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National accounts share of sales (other)

National construction sales (other)

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Net capital expenditures (other)

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Net sales (other)

No 10-K data

Net sales growth (other)

New Onsite locations signed (other)

New Onsite signings (other)

New industrial vending devices (other)

No 10-K data

New industrial vending devices signed (other)

No 10-K data

New industrial vending machines (other)

No 10-K data

New industrial vending machines signed (other)

No 10-K data

New national account contracts (other)

New national account contracts signed (other)

New national accounts (other)

No 10-Q data

New store openings (other)

No 10-Q data

New store sales (other)

No 10-Q data

New store sales contribution (other)

No 10-Q data

New store sites opened (other)

No 10-K data

New stores profitable (other)

No 10-Q data

New vending devices signed (other)

Newer product lines sales mix (other)

No 10-K data

Non-fastener sales growth (other)

No 10-Q data

Non-fastener sales mix (other)

No 10-K data

Non-residential construction end-market share (other)

No 10-Q data

Non-residential construction sales growth (other)

No 10-K data

Non-residential construction sales mix (other)

No 10-K data

Number of Reportable Segments (other)

Onsite activations (other)

Onsite channel revenue (other)

No 10-Q data

Onsite closures (other)

Onsite locations (other)

Onsite locations activated (other)

No 10-Q data

Onsite locations added (other)

No 10-K data

Onsite locations operational (other)

No 10-K data

Onsite locations signed (other)

Onsite market potential (other)

No 10-Q data

Onsite revenue (other)

No 10-Q data

Onsite sales mix (other)

No 10-Q data

Onsite signings (other)

Operating cash conversion (other)

No 10-K data

Operating cash flow (other)

No 10-K data

Operating expense growth (other)

No 10-K data

Operating expenses ratio (other)

No 10-K data

Operating margin (other)

No 10-K data

Operational working capital (other)

No 10-K data

Orders processed (other)

No 10-Q data

Other channel revenue (other)

No 10-Q data

Other end-market sales mix (other)

No 10-K data

Other end-market share (other)

No 10-Q data

Other product daily sales growth (other)

No 10-K data

Other revenue (other)

No 10-Q data

POS software conversion (other)

No 10-K data

POS system stores converted (other)

No 10-K data

Pounds delivered (other)

No 10-Q data

Pre-tax earnings margin (other)

Pre-tax earnings percentage (other)

No 10-Q data

Price increases (other)

No 10-K data

Prior-year cohort sales (other)

No 10-Q data

Private label mix (other)

No 10-Q data

Private label revenue share (other)

No 10-Q data

Private label sales (other)

No 10-Q data

Private label share (other)

No 10-Q data

Private label share of sales (other)

No 10-Q data

Product items offered (other)

No 10-Q data

Product line sales mix (other)

No 10-K data

Product lines (other)

No 10-Q data

Product mix (other)

No 10-K data

Product sourcing mix (other)

No 10-Q data

Product stock items (other)

No 10-Q data

Purchasing Managers Index (other)

No 10-K data

Purchasing Manufacturers Index (other)

No 10-K data

Remaining technology spend (other)

No 10-K data

Revenue by channel (other)

No 10-Q data

Revenue by end market (other)

No 10-Q data

Safety coaching and training events (other)

No 10-Q data

Safety coaching events (other)

No 10-Q data

Safety daily sales growth (other)

No 10-K data

Safety engagements (other)

No 10-Q data

Safety programs completed (other)

No 10-Q data

Safety supplies sales (other)

No 10-Q data

Safety training events (other)

No 10-Q data

Sales by customer type (other)

No 10-K data

Sales by end market (other)

No 10-K data

Sales by product line (other)

No 10-K data

Sales by store cohort (other)

No 10-Q data

Sales from new stores (other)

No 10-Q data

Sales growth to vending customers (other)

No 10-Q data

Sales mix (other)

No 10-K data

Sales mix by customer type (other)

No 10-K data

Sales mix by end market (other)

No 10-K data

Sales mix by product line (other)

No 10-K data

Sales mix — manufactured by others (other)

No 10-Q data

Sales mix — own manufacturing and services (other)

No 10-Q data

Sales overlap (other)

No 10-K data

Sales per Onsite (other)

No 10-Q data

Sales per branch (other)

No 10-Q data

Sales specialists added (other)

No 10-Q data

Sales to AR and inventory ratio (other)

No 10-K data

Sales to AR&I ratio (other)

No 10-Q data

Sales to customers with industrial vending (other)

No 10-K data

Sales to customers with vending machines (other)

No 10-Q data

Sales to vending customers (other)

School of Business completions (other)

No 10-Q data

School of Business course completions (other)

No 10-Q data

Shares outstanding (other)

Shares repurchased (other)

No 10-K data

Sharpcut sales mix (other)

No 10-K data

Signings per day (other)

No 10-K data

Specials manufacturing sales (other)

No 10-Q data

Specialty sales growth (other)

No 10-Q data

Standard items distributed (other)

No 10-Q data

Standard stock items (other)

No 10-Q data

States with store sites (other)

No 10-Q data

States with stores (other)

No 10-Q data

Steel price increase impact (other)

No 10-K data

Steel price pass-through (other)

No 10-K data

Stock items (other)

No 10-Q data

Stock items carried (other)

No 10-Q data

Stock items offered (other)

No 10-Q data

Stock keeping items (other)

No 10-Q data

Stock keeping units (other)

No 10-Q data

Stock repurchase price (other)

No 10-K data

Stock repurchases (other)

No 10-K data

Stocked product items (other)

No 10-Q data

Store count growth (other)

No 10-K data

Store openings (other)

No 10-Q data

Store personnel absolute headcount change (other)

No 10-K data

Store personnel headcount (other)

No 10-K data

Store sites (other)

No 10-Q data

Stores closed (other)

Stores in CSP format (other)

No 10-K data

Stores on NT point-of-sale (other)

No 10-Q data

Stores on new POS system (other)

No 10-Q data

Stores opened (other)

Stores with five-times-weekly delivery (other)

No 10-Q data

Supply chain experts outside North America (other)

No 10-Q data

Threaded fastener mix (other)

No 10-Q data

Threaded fastener share (other)

No 10-Q data

Threaded fasteners mix (other)

No 10-Q data

Tool repair centers (other)

No 10-Q data

Tool repair net sales (other)

No 10-Q data

Tool repair sales (other)

No 10-Q data

Tools repaired (other)

No 10-Q data

Total average FTE headcount growth (other)

No 10-K data

Total stock items (other)

No 10-Q data

Total stores converted to CSP 16 format (other)

No 10-K data

Training course completions (other)

No 10-Q data

Training courses completed (other)

No 10-Q data

Training hours per employee (other)

No 10-Q data

Training program attendees (other)

No 10-Q data

Value-added sales share (other)

No 10-Q data

Vehicle fuel costs (other)

Vending customer sales growth (other)

Vending customer sales share (other)

No 10-Q data

Vending device equivalents installed (other)

No 10-Q data

Vending device equivalents signed (other)

No 10-Q data

Vending device signings (other)

No 10-K data

Vending devices in field (other)

No 10-Q data

Vending devices installed (other)

Vending devices per in-market location (other)

No 10-K data

Vending devices per location (other)

No 10-Q data

Vending devices signed (other)

Vending machine contracts signed (other)

No 10-Q data

Vending machine equivalents (other)

No 10-Q data

Vending machine equivalents installed (other)

Vending machine equivalents signed (other)

No 10-Q data

Vending machine mix (other)

No 10-K data

Vending machine signings (other)

No 10-Q data

Vending machines installed (other)

Vending machines installed (actual) (other)

No 10-Q data

Vending machines installed (equivalent) (other)

No 10-Q data

Vending machines per in-market unit (other)

No 10-K data

Vending machines signed (other)

Vending market potential (other)

No 10-Q data

Web orders (other)

No 10-Q data

Weighted FASTBin/FASTVend installations (other)

No 10-K data

Weighted FASTBin/FASTVend signings (other)

No 10-K data

Weighted FASTVend/FASTBin signings (other)

No 10-K data

Weighted FMI device installations (other)

No 10-Q data

Weighted FMI device signings (other)

Weighted FMI devices (other)

Weighted FMI devices installed (other)

Weighted FMI devices signed (other)

No 10-Q data

eBusiness daily sales growth (other)

No 10-K data

eBusiness sales (other)

No 10-K data

eBusiness sales share (other)

No 10-K data

eBusiness share of sales (other)

No 10-K data

eCommerce % of sales (other)

No 10-K data

eCommerce daily sales growth (other)

No 10-K data

eCommerce revenue share (other)

No 10-K data

eCommerce sales (other)

No 10-Q data

eCommerce sales growth (other)

No 10-K data

eCommerce sales percentage (other)

No 10-K data

eCommerce share of revenue (other)

No 10-K data

eCommerce share of sales (other)

No 10-K data

eProcurement daily sales growth (other)

No 10-K data

Products manufactured (production_volume)

No 10-Q data

Distribution centers (properties)

Safety coaching events (safety_incidents)

No 10-Q data

Same-store sales growth (same_store_sales)

Facility square footage (square_footage)

Total stores (stores)

Automated picking share (throughput)

No 10-Q data

Orders processed (transactions)

No 10-Q data

Experience Modification Rate (trir)

No 10-Q data

Miles delivered (units_shipped)

No 10-Q data

Website visitors (users)

No 10-Q data
Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

No 10-K data
No 10-Q data
No 10-Q data

Demographics

No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data

Workforce Breakdowns

No 10-K data
No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No 10-Q data
No 10-Q data
No 10-Q data

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2023-12-31plant_closurecompletedPrimarily United States (92 of 96 closures, net of conversions); remainder Canada, with net positive conversion effect in EuropeTraditional branch network (North America and international branches)MD&A
f5-10k / GLM-5.3-flash-HTML
During fiscal 2023, 96 branches closed net of conversions (10 opened; net branch decline of 86). Part of multi-year U.S. network rationalization ongoing since 2013 (cumulative decline of 1,090 branches). No employee count or severance charge disclosed; company expects reduced closing activity beginning in 2024.
2023-12-31plant_closurecompletedPrimarily United States and CanadaBranch networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
96 branch locations closed or converted during 2023 (US 92, Canada 5, net +1 outside North America) against 10 openings, a net decline of 86 branches. Filer attributes this to ongoing strategic rationalization and normal churn and expects reduced closing activity from 2024; no associated headcount reduction or charge is quantified.
2023-09-30plant_closurecompletedUnited StatesBranch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
23 branch closures net of conversions during Q3 2023 (76 for the nine-month period); no associated headcount reduction or charge disclosed. Filer attributes closures to normal churn and review of underperforming locations
2023-09-30plant_closurecompletedUnited StatesOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
29 Onsite closures net of conversions during Q3 2023 (97 for the nine-month period); no associated headcount reduction disclosed
2023-06-30plant_closurecompletedNorth AmericaBranch network (in-market locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
28 branch closures net of conversions during Q2 2023 (53 net closures YTD 2023), against 3 branch openings in the quarter; no associated headcount or charge disclosed. Filer characterizes closings as normal network churn and ongoing review of underperforming locations. No restructuring, RIF, or acquisition-related headcount actions disclosed in this filing.
2023-03-31plant_closurecompletedBranch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
25 branch closures net of conversions in Q1 2023 (versus 2 openings); filer characterizes closings as normal network churn and discloses no associated employee count or charge.
2023-03-31plant_closurecompletedOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
33 Onsite closures net of conversions in Q1 2023 (versus 84 activations); no associated employee count or charge disclosed.
2022-12-31plant_closurecompletedPrimarily North America; one international branch (Europe)Branch network (traditional and international branches)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
122 branches closed or converted during 2022 (U.S. 115; Canada 5; Mexico 1; Europe 1), a net decline of 110 branches. Management characterizes this as routine churn within a multi-year rationalization (1,004 net branch decline since 2013). No employee-impact figure disclosed; total company headcount grew 9.2% in 2022.
2022-12-31plant_closurecompletedNorth America and EuropeOnsite locations (customer-site service points)MD&A
f5-10k / GLM-5.3-flash-HTML
99 Onsite locations closed or converted in 2022 (U.S. 94; Canada 3; Mexico 1; Europe 1); affected service often reverts to local branch management. Onsite base nonetheless grew net by 207 to 1,623; employee impacts not quantified.
2022-12-31plant_closurecompletedNorth America and internationalBranch networkMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In 2022 the company opened 12 branches and closed 122, net of conversions; no associated workforce reduction quantified. No restructuring, RIF, or acquisition-related headcount actions disclosed for FY2022.
2022-06-30plant_closurecompletedUnited StatesBranch network (in-market locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net branch closures during Q2 2022; no associated headcount reduction or charge disclosed. Branch count fell from 1,760 at Q1 2022 to 1,737 at Q2 2022
2022-06-30plant_closurecompletedUnited StatesOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net Onsite closures during Q2 2022; no associated headcount reduction or charge disclosed. Active Onsites grew from 1,440 at Q1 2022 to 1,501 at Q2 2022
2021-12-31plant_closurecompletedPrimarily United States and CanadaBranch network (in-market locations)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Full-year 2021 branch rationalization: 220 branches closed or converted (10 opened; net decline of 210). Figure is a location count, not an employee count, and includes conversions of branches to Onsite locations per table footnote. Geographic split: US (216), Canada (6), Europe net +2. No employee impact quantified and no restructuring charge disclosed.
2021-12-31plant_closurecompletedUnited States, Canada, and internationalBranch network (in-market locations)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ongoing branch rationalization (net decline of 894 branches since 2013); no associated severance or restructuring charge disclosed and no affected-employee count given. Location table shows 222 closed/converted in North America, partly offset outside North America. Separately, 91 Onsite locations were closed/converted net in 2021 against 242 activations.
2021-09-30plant_closurecompletedNorth AmericaBranch network (in-market locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Public branch count fell from 1,921 at Q2 2021 to 1,859 at Q3 2021. No associated headcount reduction, severance charge, or WARN notice disclosed; MD&A attributes closures to normal churn and review of underperforming locations.
2021-09-30plant_closurecompletedNorth AmericaOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Active Onsite count rose from 1,323 at Q2 2021 to 1,367 at Q3 2021 despite net closures. No associated headcount impact disclosed.
2021-06-30plant_closurecompletedNorth AmericaIn-market locations (branches)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Branch closures net of conversions during Q2 2021; no associated headcount, severance, or charge disclosed. MD&A also notes 150 branches closed over the trailing 12 months and 24 Onsite locations closed net of conversions in Q2 2021 (62 activated).
2021-03-31plant_closurecompletedUnited StatesBranch network (in-market locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Opened two branches and closed 46 branches, net of conversions, in Q1 2021; no associated headcount or charge disclosed. Branch count fell from 2,003 to 1,959.
2021-03-31plant_closurecompletedUnited StatesOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Activated 48 Onsite locations and closed 28, net of conversions, in Q1 2021; active Onsites grew to 1,285. No associated headcount or charge disclosed.
2020-12-31reduction_in_forcecompleted1,132In-market locations (branches & Onsites); distribution/transportation; manufacturingMD&A
f5-10k / GLM-5.3-flash-HTML
Net FTE headcount reduction over fiscal 2020, driven by cost management in response to weak demand from traditional manufacturing and construction customers amid COVID-19; includes a 976 FTE decline at in-market locations. Not a formally announced severance program and no charge disclosed; partly offset by additions in IT and support roles. Absolute headcount fell 7.2% to 20,365.
2020-12-31plant_closurecompletedGlobal in-market network (primarily United States)Public branch locations (in-market selling network)MD&A
f5-10k / GLM-5.3-flash-HTML
Closed or converted 123 branches during 2020 (12 opened), leaving a net decline of 111 public branches to 2,003. Filer attributes closures to normal churn and ongoing review of underperforming locations; no employee count attributed.
2020-12-31acquisition_additioncompleted2020-03-30Information Technology / industrial vending platform technologybusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Asset acquisition of certain Apex assets (patents, software, vending supply chain access) for $125.0 million total purchase price. MD&A confirms the transaction added employees, primarily to IT teams; employee count not disclosed.
2020-12-31restructuringcompleted1,1322020-12-31WorldwideCompany-wide (in-market, distribution/transportation, manufacturing)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net reduction of 1,132 FTE employees over the twelve months ended 2020-12-31, driven by expense management in response to weaker demand from traditional manufacturing and construction customers amid COVID-19. Includes a 976 FTE decline in in-market locations plus distribution and manufacturing reductions, partly offset by additions in non-branch selling, IT (including Apex-related hires), and corporate roles. Filer does not label this a formal restructuring or RIF program and discloses no severance charge.
2020-12-31plant_closurecompleted2020-12-31United States, Canada, Mexico, and internationalPublic branch network (in-market locations)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
123 branches closed (net of conversions) and 12 opened during 2020, a net decline of 111 branches; part of ongoing network rationalization since 2013 (cumulative decline of 684 branches). Workforce impact of the closures is not quantified. Closures by geography per Item 1 roll-forward: U.S. 117, Canada 4, Mexico 1, Central/South America 1.
2020-12-31acquisition_additioncompleted2020-03-302020-03-30United StatesIndustrial vending platformUSD 125 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase of certain assets of Apex Industrial Technologies LLC (patents, designs, software, licenses, and vending supply-chain access) for $125.0 million, accounted for as an asset acquisition rather than a business combination. Employees transferred, if any, are not disclosed; MD&A references IT headcount additions reflecting the Apex transaction.
2020-12-31restructuringcompleted1,1322020-01-012020-12-31GlobalIn-market locations, Distribution, ManufacturingMD&A
f5-10k / Qwen3.6-27B-Q8_0
Reduction in total FTE headcount of 1,132 primarily related to managing expenses in response to weaker demand from traditional manufacturing and construction customers due to COVID-19. Includes decline in in-market FTE of 976.
2020-12-31acquisition_additioncompleted2020-03-302020-03-30United StatesInformation TechnologyUSD 125 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of certain assets of Apex Industrial Technologies LLC. Added employees to Information Technology teams.
2020-09-30acquisition_additioncompleted2020-03-30Non-branch selling and support rolesUSD 125 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of assets of Apex Industrial Technologies LLC; MD&A states certain employees joined in non-branch selling and support roles but gives no headcount
2020-09-30otherin_progress1,602In-market locations, distribution centers, and manufacturing operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative reduction of 1,602 total employees (1,420 in in-market locations) over the twelve months ended 2020-09-30 to control expenses amid weaker demand; not a discrete announced program and no severance disclosed
2020-09-30plant_closurecompletedPublic branch locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
30 branches closed net of conversions during Q3 2020 (3 opened); no associated employee count disclosed
2020-09-30plant_closurecompletedOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
33 Onsite locations closed net of conversions during Q3 2020 (57 activated); no associated employee count disclosed
2020-09-30reduction_in_forcecompleted1,602North AmericaIn-market locations, distribution centers, and manufacturing operationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Reduction in total absolute employee headcount by 1,602 people during the last twelve months, mostly from personnel reductions in in-market locations, distribution centers, and manufacturing operations to control expenses in response to weaker demand.
2020-09-30plant_closurecompletedNorth AmericaBranch locationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 30 branches, net of conversions, in the third quarter of 2020.
2020-09-30plant_closurecompletedNorth AmericaOnsite locationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 33 Onsite locations, net of conversions, in the third quarter of 2020.
2020-06-30layoffin_progress1,565North AmericaCompany-wide; 1,390 of the reduction in in-market locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Trailing-twelve-month change (Q2 2019 to Q2 2020), not a discrete quarterly event; MD&A attributes it to cost control amid weaker COVID-19 demand. No severance charge disclosed. Part-time headcount down 14.5% and full-time down 3.8% year over year; FTE down 9.4%.
2020-06-30plant_closurecompletedNorth AmericaPublic branch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During Q2 2020 the company also opened four branches; branch count fell from 2,091 to 2,060. Associated employee reductions not separately quantified.
2020-06-30plant_closurecompletedNorth AmericaOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During Q2 2020 the company activated 55 new Onsite locations; active Onsites rose from 1,179 to 1,212. Closures reflect customer-driven churn; associated employee reductions not quantified.
2020-06-30acquisition_additioncompleted2020-03-30United StatesIndustrial vending platform (non-branch selling and support roles)USD 125 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Accounted for as an asset acquisition, not a business combination; MD&A notes employees added from Apex but no headcount figure is disclosed. Charge value is the $125.0 cash purchase price, not a severance or restructuring charge.
2020-06-30restructuringcompleted1,565North AmericaIn-market locations, distribution centers, and manufacturing operationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Reduction in total absolute employee headcount over the last twelve months, mostly from personnel reductions in in-market locations, distribution centers, and manufacturing operations.
2020-06-30plant_closurecompletedNorth AmericaBranchesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 35 branches, net of conversions, in the second quarter of 2020.
2020-06-30acquisition_additioncompleted2020-03-30United StatesCorporate functionsUSD 125 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Apex Industrial Technologies LLC assets; headcount additions reflected in non-branch selling and support roles.
2020-03-31plant_closurecompletedBranch network (public branch locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closed 26 branches during the quarter, net of conversions; three branches opened. No associated employee count or charge disclosed; MD&A attributes closings to normal churn and review of underperforming locations.
2020-03-31plant_closurecompletedOnsite locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closed 22 Onsite locations during the quarter, net of conversions; 87 activated. No associated employee count or charge disclosed.
2020-03-31otherin_progressCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
COVID-19 response actions include reduced hiring activity, adjusted pay programs and limited discretionary spending; no quantified headcount impact or severance charge disclosed.
2020-03-31restructuringcompleted335North AmericaIn-market locationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Reduction in absolute employee headcount in in-market locations over the last twelve months to control branch expenses.
2020-03-31plant_closurecompletedNorth AmericaBranchesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 26 branches, net of conversions, in Q1 2020.
2020-03-31plant_closurecompletedNorth AmericaOnsite locationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 22 Onsite locations, net of conversions, in Q1 2020.
2019-12-31plant_closurecompleted124 branches in North America (U.S. 119, Canada 4, Mexico 1); 1 in AsiaPublic branch selling locationsMD&A
f5-10k / GLM-5.3-flash-HTML
Opened 12 branches and closed 125 branches (net of conversions) during 2019, a net decline of 113; part of a multi-year network rationalization ongoing since 2013. Closures driven by customer migration, factory closures, supply-chain evolution, and Onsite transitions. Employees affected by closures individually not disclosed; net headcount in in-market locations fell by 38 during 2019.
2019-12-31plant_closurecompletedPrimarily North America (U.S. 78, Canada 7, Mexico 7)Onsite locations (dedicated single-customer sites)MD&A
f5-10k / GLM-5.3-flash-HTML
Activated 312 Onsite locations and closed 92 (net of conversions) during 2019. Closings reflect normal business churn (customer relationship exits, customer facility shutdowns/relocations, customer decisions) as well as a review of certain underperforming locations. Employees affected not disclosed.
2019-12-31plant_closurecompletedPrimarily United States; also Canada, Mexico, and internationalPublic branch networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2019 the filer opened 12 branches and closed or converted 125 (net of conversions), a net decline of 113 branches; closures reflect normal churn, customer facility relocations, and review of underperforming locations. No associated workforce reduction count or charge disclosed; no discrete announcement date.
2019-12-31plant_closurecompletedPrimarily United States; also Canada, Mexico, and internationalOnsite locations (dedicated customer sites)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
312 Onsite locations activated and 92 closed or converted (net of conversions) during 2019, ending the year with 1,114 active sites; closures largely reflect customer contract churn and relocations. No associated workforce reduction count or charge disclosed.
2019-09-30plant_closurecompleted2019-09-30United StatesIn-market public branch locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During Q3 2019 the company opened two branches and closed 22; one branch converted from public to non-public and two non-public locations converted to public branches. No associated headcount reduction or charge disclosed; closures reflect network review of underperforming locations and normal churn
2019-06-30plant_closurecompletedPublic branch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Opened three branches and closed 24 branches during Q2 2019; one branch converted from public to non-public location. No associated headcount reduction, severance, or charge disclosed.
2019-03-31plant_closurecompletedUnited StatesBranch network (in-market locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During Q1 2019 the company opened 3 branches, closed 42 branches, and converted 1 branch from public to non-public; it also activated 66 Onsite locations and closed 15. No employee-impact counts or charges disclosed.
2018-12-31plant_closurecompletedPrimarily United States (145 branches) and Canada (10); also Africa (2)Public branch networkItem_1_Business
f5-10k / GLM-5.3-flash-HTML
157 branches closed during 2018 against 11 openings, with 10 additional branches converted to Onsite or non-public locations, yielding a net branch decline of 156. No headcount impact attributed to the closures; total workforce grew during the year.
2018-12-31plant_closurecompletedUnited States, Canada, and South AfricaPublic branch networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2018 the company opened 11 branches, closed 157 (United States 145, Canada 10, South Africa 2), and converted 10 public branches to Onsite or non-in-market locations, for a net decline of 156 branches. No associated workforce reduction, severance, or charge is disclosed; branch closures reflect network rationalization and migration to the Onsite model rather than stated job cuts.
2018-09-30plant_closurecompletedBranch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Occurred during Q3 2018; no associated headcount reduction or charge disclosed. Two additional branches were converted from public branches to non-public locations. Public branch count declined from 2,418 at Q3 2017 to 2,261 at Q3 2018
2018-06-30plant_closurecompletedUnited StatesBranch network (public branch locations)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One additional branch was converted from a public branch to a non-public location. No associated employee reduction, severance charge, or affected-headcount figure was disclosed; public branch count fell from 2,383 at Q4 2017 to 2,290 at Q2 2018.
2018-03-31acquisition_additioncompleted1232017-03-31United States (Hudsonville, Michigan)Industrial and fastener supply distributionMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Headcount from the Manufacturers Supply Company (Mansco) acquisition included in total headcount as of March 31, 2018; acquisition closed March 31, 2017.
2018-03-31plant_closurecompletedUnited StatesBranch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
49 branches closed during Q1 2018 with no branches opened; 5 additional branches converted from public to non-public locations. No associated employee count disclosed.
2018-03-31acquisition_additioncompleted1232018-03-31United StatesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Headcount related to Mansco acquisition included in total headcount as of March 31, 2018.
2017-12-31acquisition_additioncompleted1272017-03-312017-03-31Hudsonville, Michigan, United StatesMD&A
f5-10k / GLM-5.3-flash-HTML
Company acquired certain assets of Manufacturers Supply Company (Mansco) on March 31, 2017; year-end total headcount includes 127 Mansco-related people.
2017-12-31plant_closurecompleted2017-12-31United States (118), Canada (6), Mexico (1), international (5)Public branch networkMD&A
f5-10k / GLM-5.3-flash-HTML
130 branches closed and 18 opened during 2017; an additional 8 branches converted from public branches to non-public locations. No affected-employee count disclosed, and total headcount still increased by 941, indicating closures were offset by growth-driver hiring. Closure counts by geography from Item 1 branch activity table.
2017-12-31acquisition_additioncompleted1272017-03-312017-03-31United States (Hudsonville, Michigan)Industrial and fastener distributionMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Manufacturers Supply Company ('Mansco') completed 2017-03-31; purchase price $59.3 million. Headcount figure is the year-end count of acquired personnel included in the 20,565 total, not a gross addition figure
2017-12-31plant_closurecompleted2017-12-31Primarily United StatesPublic branch networkMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net decline of 120 branches in 2017 (plus 8 branches converted to non-public locations); no associated employee-reduction count or severance charge disclosed. Branch counts are facility counts, not workforce counts
2017-12-31acquisition_additioncompleted1272017-03-312017-03-31United StatesAll functionsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Manufacturers Supply Company ('Mansco') on March 31, 2017. Total headcount at end of 2017 includes 127 people related to this acquisition.
2017-09-30acquisition_additioncompleted1232017-03-31Hudsonville, Michigan, United StatesIndustrial and fastener distributionMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A states total headcount includes 123 people from the Manufacturers Supply Company (Mansco) acquisition, which closed 2017-03-31. Business combination footnote (Note 2) does not disclose an employee count.
2017-09-30plant_closurecompletedUnited StatesPublic branch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Opened 5 branches and closed 36 branches during Q3 2017; two additional branches converted from public to non-public locations. No associated employee-impact count disclosed. Public branch count fell from 2,503 at Q4 2016 to 2,418 at Q3 2017.
2017-09-30acquisition_additioncompleted1232017-03-31United StatesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Headcount related to Mansco acquisition included in total headcount increase.
2017-06-30plant_closurecompletedUnited StatesBranch networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Branch network optimization; the filing discloses no associated headcount reduction, severance charge, or closure timing detail. Five branches were also opened during the quarter.
2017-03-31acquisition_additioncompleted2017-03-31United States (Hudsonville, Michigan)Industrial and fastener distributionbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of certain assets and liabilities of Mansco closed 2017-03-31 for $57.9 cash plus contingent consideration up to $2.5; no employee count disclosed.
2017-03-31plant_closurecompletedUnited StatesStore networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Opened 5 stores and closed 26 stores during the first quarter of 2017; no associated headcount reduction disclosed.
2017-03-31otherin_progress687United StatesStores (489 of the 687) and total companyMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Trailing twelve-month reduction of 687 total employees (489 in stores) attributed primarily to natural attrition rather than a formal reduction program; figure is not a discrete quarterly action.
2016-12-31plant_closurecompleted2016-12-31Primarily United States (140 of 144 closures; 3 in Canada, 1 elsewhere)Retail store networkMD&A
f5-10k / GLM-5.3-flash-HTML
144 stores closed or consolidated during 2016; about 90% were near another Fastenal store and about 85% had leases expiring within 18 months. Impaired future lease commitments deemed immaterial. CEO letter notes roughly 110 stores closed in H2 2016, partly prompted by Department of Labor regulation changes, with about 95% of customers and employees retained and served from nearby locations. No aggregate affected-employee count disclosed.
2016-12-31othercompleted1,1225.4%2016-12-31Primarily stores (995 of the 1,122 reduction was store headcount); remainder across distribution, manufacturing, administrative, and non-store sellingMD&A
f5-10k / GLM-5.3-flash-HTML
Twelve-month decline in total headcount of 1,122 (-5.4% per disclosed change); store-based headcount fell 995 (-7.1%). Company attributes the reduction primarily to natural attrition rather than an active headcount reduction program; staffing returned to approximately end-of-2014 levels.
2016-12-31plant_closurecompletedPrimarily United StatesStore network (selling locations)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
About 90% of closed stores were near another Fastenal store and about 85% had leases expiring within 18 months; no meaningful sales impact. CEO letter attributes 110 closures in the second half of 2016 partly to Department of Labor overtime rule changes and states 95% of customers and employees were retained. Lease impairment costs were immaterial. No employee-affected count disclosed.
2016-12-31plant_closurecompleted2016-12-312016-12-31North AmericaStore OperationsItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Closed or consolidated 144 stores in 2016. Filing states reductions were primarily due to natural attrition and that 95% of customers and employees were retained/served from nearby locations.
2016-12-31restructuringcompleted1,1222016-12-312016-12-31GlobalAll FunctionsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Total headcount reduced by 1,122 people during the year, primarily attributed to natural attrition rather than an active headcount reduction program.
2016-09-30plant_closurein_progressNorth AmericaRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
99 stores closed or consolidated in the first nine months of 2016; about 90% were near another Fastenal store and about 85% had leases expiring within 18 months. No employee count or charge disclosed; company intends to continue evaluating closures into 2017.
2016-09-30plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed or consolidated 99 stores in the first nine months of 2016. About 90% were in close proximity to another store; 85% had leases expiring within 18 months. Closings did not have a meaningful impact on sales.
2016-06-30plant_closurecompletedNorth AmericaRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
34 stores closed or consolidated in the first six months of 2016, mostly expiring leases in multiple-store markets; filing states most impacted employees can operate from a nearby store and no headcount reduction was quantified. Related lease impairment expense was not material.
2016-06-30plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed or consolidated 34 stores in the first six months of 2016. Most were in multiple store markets with expiring leases.
2016-03-31plant_closurecompletedUnited StatesStore locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 stores closed or consolidated in Q1 2016 (vs. 13 in Q1 2015), mostly in multiple-store markets with expiring leases; sales impact not considered meaningful. Filer states most impacted employees operate from a nearby store, and related impaired future lease costs were immaterial. No affected-employee count disclosed.
2016-03-31plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed or consolidated 12 stores in Q1 2016. Most were in multiple store markets with expiring leases. Impact to sales not considered meaningful.
2015-12-31plant_closurecompletedStore locationsItem_1_Business
f5-10k / GLM-5.3-flash-HTML
50 stores closed or consolidated during 2015 (vs. 73 in 2014), occurring throughout the year. Filer states most affected employees were redeployed to nearby stores; related future lease-commitment impairment expense was disclosed as not material.
2015-12-31acquisition_additioncompleted2015-10-312015-10-31Washington, Idaho, Oregon, and Montana, United StatesIndustrial and construction supply distribution (regional fastener distributor)USD 23,493 (thousands)MD&A
f5-10k / GLM-5.3-flash-HTML
All-cash asset acquisition of Fasteners, Inc. (based in Spokane, WA) completed October 31, 2015; cash paid per Consolidated Statements of Cash Flows. Headcount added through the acquisition was not disclosed.
2015-12-31restructuringannouncedBrazilManufacturing (joint venture)USD 4 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Decision made in Q4 2015 to terminate the manufacturing joint venture in Brazil; the approximately $4 million of Q4 expense was combined with settlement of several unrelated disputes. No workforce figures disclosed. Management characterized the exit as a positive development allowing focus on growth.
2015-12-31plant_closurecompleted2015-12-31North America (primarily United States and Canada)Store operationsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
50 stores closed or consolidated during 2015 (73 in 2014); no employee count, severance amount, or store-level headcount disclosed. Filer describes most closures as consolidations into nearby stores.
2015-12-31acquisition_additioncompleted2015-10-312015-10-31United States (Washington, Idaho, Oregon, Montana)Industrial and construction supply distributionMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
All-cash purchase of certain assets of Fasteners, Inc.; cash paid for acquisitions of $23,493 thousand shown in investing activities. No headcount added disclosed; filer states no material impact on 2015 or 2016 net sales.
2015-12-31othercompleted2015-12-31BrazilManufacturing joint ventureUSD 4 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In Q4 2015 the company decided to terminate its Brazil manufacturing joint venture and settled several unrelated disputes, totaling approximately $4 million of additional expense in the quarter; no headcount impact disclosed.
2015-09-30plant_closurecompletedNorth AmericaStore networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
35 stores closed during the first nine months of 2015, described as consolidation into nearby locations rather than exits; 20 of the 35 were profitable in Q3 2014. Related lease impairment expense was not material and no employee-affected count was disclosed.
2015-09-30plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 35 stores during the first nine months of 2015. Most impacted employees have a nearby store from which to operate.
2015-06-30plant_closurecompletedRetail store locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
26 stores closed during the first six months of 2015, described as consolidation into nearby Fastenal locations rather than exits; 16 of the 26 were profitable in Q3 2014. Related lease impairment expense was not material. No employee count, announcement date, or completion date disclosed.
2015-03-31plant_closurecompletedUnited StatesRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Thirteen stores closed during Q1 2015 as part of an ongoing consolidation of locations into nearby Fastenal stores; no employee-impact count or charge disclosed for the quarter. Prior-year closures (about 52 in H2 2014) are outside this reporting period.
2015-03-31plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
During the first three months of 2015, the company closed thirteen stores. Most impacted employees have a nearby store from which to operate.
2014-12-31plant_closurecompleted2014-12-31Store operationsMD&A
f5-10k / GLM-5.3-flash-HTML
73 stores closed during 2014 (approximately 20 in H1 and 52 in H2, including a 45-store group identified in Q2 2014 for H2 closure); most characterized as consolidations into nearby locations, with most affected employees continuing to operate from nearby stores. Q2 2014 charge for impaired future lease commitments described as not material; an accrual related to store closings contributed to occupancy expense growth. Number of employees affected not disclosed.
2014-12-31acquisition_additioncompleted2014-10-012014-10-01MD&A
f5-10k / GLM-5.3-flash-HTML
Acquired certain assets of Av-Tech Industries, Inc., a wholesale distributor of aerospace fasteners, electronic components, and miscellaneous aircraft parts, on October 1, 2014; all-cash transaction (cash paid for acquisition of $5,575 thousand per consolidated statement of cash flows); headcount added not disclosed; filer states the business did not meaningfully impact 2014 results.
2014-12-31plant_closurecompleted2014-12-31Primarily United States; all but a handful of locations were near another Fastenal storeStore networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
73 stores closed during 2014 (vs. 16 in 2013). MD&A describes roughly 20 closures in the first half and 52 in the second half, with the second-half group identified in Q2 2014; those stores averaged about $36 thousand monthly sales and were profitable in Q1 2014. Filer states most sales were retained and most affected employees relocated to a nearby store; no employee-impact count or dollar charge quantified (lease impairment accrual described as not material).
2014-12-31acquisition_additioncompleted2014-10-012014-10-01United StatesAerospace fasteners / electronic components distributionMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
All-cash acquisition of certain assets of Av-Tech Industries, Inc. completed 2014-10-01. Headcount added not disclosed; filer states the business had no meaningful impact on 2014 results and is not expected to materially affect 2015 net sales.
2014-12-31plant_closurecompleted2014-06-302014-12-31North AmericaStore OperationsItem 1. Business
f5-10k / Qwen3.6-27B-Q8_0
Closed 52 stores in total during the second half of 2014 (45 identified in Q2, plus additional closures). Filer states expense was not material and most impacted employees have a nearby store.
2014-12-31acquisition_additioncompleted2014-10-012014-10-01United StatesOtherMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquired certain assets of Av-Tech Industries, Inc. on October 1, 2014. Headcount not explicitly disclosed.
2014-09-30plant_closurecompletedFastenal store networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
About 20 stores closed during the first six months of 2014 (all but four near another Fastenal store); no employee count disclosed. Impaired future lease costs recorded in Q2 2014 were described as not material.
2014-09-30plant_closurein_progress2014-12-31Fastenal store networkMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Identified during Q2 2014 (exact date not disclosed) an additional 45 stores to close in the second half of 2014, all but eight near another Fastenal store; about 40 closed during Q3 2014. Stores averaged about $36 thousand monthly sales and were profitable in Q1 2014. No employee count disclosed; most impacted employees can operate from a nearby store.
2014-09-30plant_closurecompleted2014-06-302014-09-30North AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed about 40 stores in Q3 2014 as part of a group identified in Q2. Locations consolidated into nearby stores; expense not material.
2014-06-30plant_closurecompletedFastenal store locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closed 20 stores during the first six months of 2014; all but four were near another Fastenal store. No employee count disclosed; most impacted employees expected to operate from a nearby store.
2014-06-30plant_closureannounced2014-12-31Fastenal store locationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Identified during Q2 2014 for closure in the second half of 2014: 45 additional stores, all but eight near another Fastenal store. Group was profitable in Q1 2014 with average sales of about $36 thousand per month; impaired future lease costs recorded in Q2 2014, described as not material. No employee count disclosed.
2014-06-30plant_closurecompleted2014-06-30North AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed 20 stores in the first six months of 2014. Most impacted employees have a nearby store from which to operate.
2014-06-30plant_closureannounced2014-06-302014-12-31North AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Identified 45 stores to close in the second half of 2014. Expense not material; most impacted employees have a nearby store.
2013-12-31plant_closurecompletedStore locationsItem_1_Business
f5-10k / GLM-5.3-flash-HTML
16 store locations were closed during fiscal 2013, the same number as in 2012; employee impact and any associated charges were not quantified.
2013-12-31othercompleted1,4072013-052013-12-31Store personnelother
f5-10k / GLM-5.3-flash-HTML
Headcount addition, not a reduction: after concluding store hiring had been too restrained, management directed district and regional leaders to add staff, and 1,407 store personnel were added between May and December 2013.
2013-12-31othercompleted2013-12-31Regional and district sales leadershipother
f5-10k / GLM-5.3-flash-HTML
In the latter half of 2013 the company expanded regional leaders by 14% and district leaders by 26% to deepen store support; absolute counts not disclosed.
2013-12-31plant_closurecompletedRetail store locationsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Filer reports closing 16 stores during 2013 (same as 2012); no associated employee count or charge disclosed. Two store locations were also converted to non-store selling locations in 2013.
2012-12-31plant_closurecompletedRetail store locationsItem_1_Business
f5-10k / GLM-5.3-flash-HTML
16 store locations were closed during fiscal 2012; the employee impact of the closures is not quantified. Comparative 2011 closure figure not extracted.
2012-12-31plant_closurecompletedNorth America and other international marketsRetail store networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Filer closed 16 stores during 2012 (versus 28 in 2011); no associated headcount, severance, or charge is disclosed. Store count moved from 2,585 to 2,652 net of 80 openings.
2011-12-31plant_closurecompleted20112011Store operationsMD&A
f5-10k / GLM-5.3-flash-HTML
28 stores were closed during 2011 (versus seven in 2010); the filer attributed closures to a preference for serving those local markets with a different store footprint. No employee counts, severance, or charges were disclosed for the closures.
2011-12-31plant_closurecompletedRetail store networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Filer closed 28 stores in 2011 (seven in 2010; 64 cumulative over 40+ years), citing a preference for a different store footprint in those markets. No employees-affected count, dates, or associated charges are disclosed.
2011-09-30plant_closurecompletedRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
18 stores closed during the nine months ended September 30, 2011 (seven in the comparable prior-year period); no associated headcount impact or charge disclosed
2011-06-30plant_closurecompletedNorth AmericaRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Seven stores closed during the first six months of 2011 (seven also closed in the first six months of 2010); no associated employee count or charge disclosed. Cumulative closures of 41 stores over the company's 40+ year history.
2010-12-31plant_closurecompleted2010-12-31North AmericaRetail store networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Seven stores closed and one store converted during 2010; no associated employee count or charge disclosed.
2010-12-31acquisition_additioncompleted902009-12-182009-12-18United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-Q8_0
Purchased certain assets of Holo-Krome, a domestic manufacturer of socket products, with approximately 90 employees.
2010-06-30plant_closurecompletedUnited StatesRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Seven traditional store locations closed during the six months ended June 30, 2010 (store count moved from 2,369 to 2,407 net of 45 openings and one conversion). No associated employee count or charge disclosed. MD&A adds that no more than one or two further closures are anticipated for the remainder of 2010.
2010-06-30plant_closurecompletedNorth AmericaRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed seven traditional store locations during the first six months of 2010.
2010-03-31plant_closurecompletedRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five traditional store locations closed and one strategic account store converted to customer-only during Q1 2010; no associated headcount reduction disclosed. Filer expects no more than one or two additional closures for the remainder of 2010.
2010-03-31plant_closurecompleted2010-03-312010-03-31United StatesRetail StoresMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed five traditional store locations and converted one strategic account store location to a customer-only type during Q1 2010.
2009-12-31othercompleted2009-01Support personnel; headcount additions restricted to store openings and growing storesMD&A
f5-10k / GLM-5.3-flash-HTML
Hiring freeze announced January 2009; company halted headcount additions except for store openings and growing stores, and managed the downturn through reduced hours, lower temporary labor, and attrition rather than formal layoffs. Store headcount began stabilizing in Q3 2009 and the store-opening pace was stepped up from October 2009.
2009-12-31plant_closurecompleted2009-12-31Retail storesItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Ten stores were closed during 2009 (one additional store converted); employee impact of the closures was not disclosed.
2009-12-31acquisition_additioncompleted902009-12-182009-12-18West Hartford, Connecticut, United StatesManufacturing — socket products (socket head cap screws)MD&A
f5-10k / GLM-5.3-flash-HTML
All-cash asset purchase of Holo-Krome from Danaher completed December 18, 2009, adding approximately 90 employees; $5,032 thousand paid for inventory and fixed assets per Note 1 (purchase price, not a severance charge).
2009-12-31acquisition_additioncompleted902009-12-182009-12-18United States (West Hartford, Connecticut)Manufacturing (socket head cap screws)USD 5,032 (thousands)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
All-cash purchase of certain assets of Holo-Krome for $5,032 thousand; acquired business described as having approximately 90 employees with established expertise.
2009-12-31plant_closurecompleted2009-12-31United States / North AmericaRetail store networkItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ten stores closed and one converted during 2009; associated workforce impact not quantified by the filer.
2009-12-31acquisition_additioncompleted902009-12-182009-12-18United StatesManufacturingUSD 5,032 (thousands)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Holo-Krome, a domestic manufacturer of socket products, with approximately 90 employees.
2008-12-31otherin_progress2008-08-29United States (state-law claims in California and Pennsylvania)Store operations - Assistant General Manager positionUSD 10 (millions)other
f5-10k / GLM-5.3-flash-HTML
Mass settlement of a wage-and-hour class action (filed October 18, 2007) alleging Assistant General Managers were misclassified as exempt under the FLSA and state statutes. Cash payment covers class member claims, plaintiff attorneys' fees and costs, and payments to named plaintiffs; expense recorded in Q3 2008 and $10.0 million accrued at year-end. Preliminary agreement still subject to court approval at filing; not a headcount-reduction action.
2007-12-31plant_closurecompleted2007Retail store (opened 2002)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
One store closed during fiscal 2007, consistent with 161 openings and net store growth; no headcount or charge disclosed.
2007-12-31plant_closurecompletedRetail store operationsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
One store closed during 2007 (in the 2002-vintage store group); employees affected and charge not disclosed. No RIF, restructuring, acquisition, or divestiture activity disclosed for FY2007.
2005-12-31acquisition_additioncompleted2005Rockford, Illinois, United StatesManufacturingother
f5-10k / GLM-5.3-flash-HTML
Small manufacturer of cold formed fasteners purchased during 2005 to fill a gap between specials manufacturing and high-volume purchased parts; purchase price and headcount added were not disclosed.
2005-12-31othercompleted2005Gulf Coast, United StatesRetail storesMD&A
f5-10k / GLM-5.3-flash-HTML
Hurricanes Katrina and Rita (Q3 2005) destroyed four stores outright, meaningfully impacted eleven more, and dislocated employees, though no employee fatalities occurred; company assisted affected personnel with temporary housing, vehicles, food, and clothing. Not a company-initiated workforce action; affected-employee count not quantified.
2005-12-31plant_closurein_progress2005-08-29Gulf Coast, United StatesRetail store operationsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Hurricane Katrina completely destroyed four stores and meaningfully impacted eleven others (wind/water damage, power or communication failures); no employee counts or charges disclosed.
2005-12-31acquisition_additioncompletedRockford, Illinois, United StatesManufacturing Divisionother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company purchased a small cold-formed fastener manufacturer during 2005; headcount added not disclosed.
2003-12-31divestiture_reductioncompleted1942002-10-03United States (Rockford, IL and Goodlettsville, TN facilities)Support personnel (DIY Business — retail packaged fasteners)MD&A
f5-10k / GLM-5.3-flash-HTML
DIY Business sold to The Hillman Group on 2002-10-03. Filing attributes an approximately 194-employee (8.0%) decline in average support personnel to this divestiture; the 8.0% relates to the support-personnel base, not total workforce. Sale closed in the prior fiscal year, with headcount impact reflected in 2003 average comparisons.
2003-12-31othercompleted23418%2003Distribution centersother
f5-10k / GLM-5.3-flash-HTML
Distribution centers ended 2003 with 234 fewer employees than at the start of the year. The 18% figure refers to the distribution-center workforce, not total company headcount. Reduction was made to hold distribution expenses flat during CSP investment and was accomplished entirely through attrition, aided by a high share of part-time employees.
2003-12-31plant_closurecompleted2003Retail store sitesItem_1_Business
f5-10k / GLM-5.3-flash-HTML
Company closed six stores during 2003; one closure in each store-age group except two in the 1997 group. No associated workforce count disclosed; only ten stores closed in company history through 2003.
2003-12-31othercompleted23418%2003-12-31United StatesDistribution centersother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Distribution workforce ended 2003 with 234 fewer employees (18% reduction) versus the start of the year; achieved entirely through attrition, not layoffs.
2003-12-31plant_closurecompleted2003-12-31United StatesRetail store sitesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Six stores closed during 2003 (one in each store-age cohort except the 1997 cohort, which closed two); no employee counts disclosed.
2003-12-31divestiture_reductioncompleted1942002-10-032002-10-03United StatesSupport PersonnelMD&A
f5-10k / Qwen3.6-27B-Q8_0
Sale of DIY Business resulted in a drop of approximately 194 employees.
2003-12-31restructuringcompleted2342003-01-012003-12-31United StatesDistributionMD&A
f5-10k / Qwen3.6-27B-Q8_0
Distribution center workforce reduced by 234 employees (18%) entirely by attrition to hold expenses flat during CSP initiative.
2003-09-30plant_closurecompletedRetail storesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A states six stores were closed during the first nine months of 2003; no associated headcount reduction or charge is disclosed.
2002-12-31divestiture_reductioncompleted2002-10-032002-10-03United States (Rockford, Illinois; Goodlettsville, Tennessee)DIY Business (retail packaged fasteners)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of the DIY Business acquired from Textron on 2001-08-31; headcount transferred with the sale is not disclosed. A pre-tax gain of $5,934 thousand was recognized; no severance or restructuring charge disclosed.
2002-09-30divestiture_reductioncompleted2002-10-032002-10-03United StatesDIY Business (retail packaged products)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of DIY Business to The Hillman Group on 2002-10-03 (subsequent event); headcount not disclosed; gain of $6-7 million expected in Q4 2002
2002-09-30acquisition_additioncompleted2001-08-312001-08-31United StatesDIY Business (retail packaged fasteners)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of assets of two Textron subsidiaries completed 2001-08-31; headcount added not disclosed; business operated at approximately break-even since acquisition
2001-12-31acquisition_additioncompleted2001-08-312001-08-31United States (facilities in Rockford, Illinois and Goodlettsville, Tennessee)Retail packaged fasteners — Do-It-Yourself (DIY) retail businessbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired certain assets of two Textron Inc. subsidiaries that packaged and sold fasteners to the retail market. Number of employees added through the acquisition was not disclosed; business generated $8.5 million of net sales and operated near break-even in the four months post-close. Purchase price paid in cash at closing and described as not material.
2001-12-31acquisition_additioncompleted2001-08-312001-08-31United States (Rockford, Illinois; Goodlettsville, Tennessee)Retail packaged fasteners (Do-It-Yourself business)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of certain assets of two Textron, Inc. subsidiaries; headcount added not disclosed. Contributed $8,526 thousand net sales from 2001-08-31 through year-end at approximately break-even
2001-12-31acquisition_additioncompleted2001-08-312001-08-31United StatesRetail packaged products / DIY BusinessItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquired assets of two subsidiaries of Textron, Inc. on August 31, 2001. Specific headcount added not disclosed.
2001-09-30acquisition_additioncompleted2001-08-31United StatesRetail fastener and related hardware businessbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of assets and liabilities of the retail fastener business of two Textron subsidiaries; no employee count disclosed
1996-06-30acquisition_additionUnited StatesJanitorial supply businessMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites the acquisition of a janitorial supply business among asset additions during the period; no headcount, date, or charge is disclosed.