While David O'Reilly is no longer CEO and they have a new CFO, I continue to admire the culture that exists at O'Reilly and hope management carries on the tradition. 

Importantly, I think O'Reilly has invested in the appropriate infrastructure, and now you are seeing the benefits of leverage.  Operating income per store is up 28% since 2000 and operating income per employee is up 101%. 

The company now averages 10.5 employees per store (all in including corporate and distribution centers) versus 16.4 employees per store in 2000.  They simply have been able to add more stores and revenues than people and costs, which in my book is pretty cool. 

Aside from the management transi ...

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