FALSE000086878000008687802024-10-292024-10-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): October 29, 2024
gpe304xr1jov000001.jpg
DORMAN PRODUCTS, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania000-1891423-2078856
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
3400 East Walnut Street, Colmar, Pennsylvania 18915
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code:  (215) 997-1800
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 Par ValueDORMThe NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o


Item 2.02    Results of Operation and Financial Condition.
On October 31, 2024, Dorman Products, Inc. (the “Company”) issued a press release announcing its operating results for the third fiscal quarter ended September 28, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Company will hold a conference call and webcast on November 1, 2024 (see information in the press release attached hereto as Exhibit 99.1 under “Conference Call and Webcast”).

Item 8.01 Other Events.
On October 29, 2024, the Company’s Board of Directors approved a new share repurchase program with an aggregate authorization to repurchase up to $500 million of the Company’s common stock (the “New Program”). The New Program is effective January 1, 2025 and will expire December 31, 2027. The Company’s existing share repurchase program will expire December 31, 2024, along with all unused amounts under that program as of that date.

Once it becomes effective, share repurchases under the New Program may be made from time to time, as the Company deems appropriate, based on factors such as market conditions, share price, share availability and other factors. There can be no assurance as to the number of shares the Company will purchase, if any, and the New Program may be modified, renewed, suspended or terminated by the Company at any time without prior notice.

This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995, including forward-looking statements regarding the New Program. These statements are neither promises nor guarantees and involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by the forward-looking statements, including, without limitation, risks relating to the Company’s ability to implement and make appropriate, timely and beneficial decisions as to when, how and if to purchase shares under the New Program, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission.

Item 9.01    Financial Statements and Exhibits.  
(d)    Exhibits
Exhibit NumberDescription
99.1
104Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DORMAN PRODUCTS, INC.
Date:
October 31, 2024By:/s/ David M. Hession
Name:David M. Hession
Title:
Senior Vice President,
Chief Financial Officer and Treasurer

Exhibit 99.1
gpe304xr1jov000001.jpg

Dorman Products, Inc. Reports Third Quarter 2024 Results; Raises Full Year 2024 Earnings Guidance
Highlights (All comparisons are to the prior year period unless otherwise noted):
•Net sales of $503.8 million, up 3.2% compared to $488.2 million
•Diluted earnings per share (“EPS”) of $1.80, up 41% compared to $1.28
•Adjusted diluted EPS* of $1.96, up 40% compared to $1.40
•Repurchased $27 million of its shares and announced a new share repurchase authorization for up to $500 million
•Updates its full-year guidance for 2024

COLMAR, PA (October 31, 2024) – Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ: DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the third quarter ended September 28, 2024.

Kevin Olsen, Dorman’s President and Chief Executive Officer, stated, “We delivered strong performance in the third quarter with earnings growth exceeding our expectations. Light Duty drove mid-single digit net sales growth, as our innovation strategy continues to bolster Dorman’s leading portfolio of aftermarket solutions. While net sales were down in our Heavy Duty segment and flat in our Specialty Vehicle segment, both delivered solid topline results when considering the headwinds that persisted in each sector throughout the quarter. Each of our businesses continues to execute exceptionally well against our operational excellence initiatives. These efforts are enabling streamlined workflows, quicker speeds to market, and increased profitability across the enterprise.

“With three quarters of strong financial results, coupled with our positive outlook and visibility through the balance of the year, we are updating our full-year net sales and EPS growth guidance. For 2024, we now anticipate net sales growth to be in the range of 3.5% to 4.5%. We are also increasing and narrowing our EPS guidance and now expect diluted EPS to be in the range of $6.15 to $6.25 and adjusted diluted EPS* to be in the range of $6.85 to $6.95.

“We are pleased with our results through the third quarter and look forward to delivering solid sales and earnings growth for the year. Our performance is a testament to the hard work and dedication of our Contributors, the strength of our customer relationships, and our unwavering commitment to driving innovation for our end users.”

Third Quarter Financial Results
The Company reported third-quarter 2024 net sales of $503.8 million, up 3.2% compared to net sales of $488.2 million in the third quarter of 2023.

Gross profit was $203.8 million in the third quarter of 2024, or 40.5% of net sales, compared to $183.2 million, or 37.5% of net sales, for the same quarter last year.

Selling, general and administrative (“SG&A”) expenses were $124.5 million, or 24.7% of net sales, in the third quarter of 2024 compared to $119.0 million, or 24.4% of net sales, for the same quarter last year. Adjusted SG&A expenses* were $117.9 million, or 23.4% of net sales, in the third quarter of 2024, compared to $114.1 million, or 23.4% of net sales, in the same quarter last year.



Diluted EPS was $1.80 in the third quarter of 2024, up 41% compared to diluted EPS of $1.28 in the same quarter last year. Adjusted diluted EPS* was $1.96 in the third quarter of 2024, up 40% compared to adjusted diluted EPS* of $1.40 in the same quarter last year.

During the quarter, the Company generated $44 million in cash from operating activities, invested $9 million in capital expenditures, repaid $11 million of debt and returned $27 million to shareholders through stock repurchases.

Segment results were as follows:
Net SalesSegment Profit Margin
($ in millions)Q3 2024Q3 2023ChangeQ3 2024Q3 2023Change
Light Duty$393.6 $374.7 5 %19.0 %16.1 %290 bps
Heavy Duty59.6 62.8 -5 %4.5 %3.0 %150 bps
Specialty Vehicle50.6 50.6 0 %17.0 %13.5 %350 bps

2024 Guidance
The Company updated its full-year 2024 guidance, detailed in the table below, which excludes any potential impacts from future acquisitions and divestitures, supply chain disruptions, significant inflation, interest rate changes and additional share repurchases.

Updated 2024 Guidance  Prior 2024 Guidance
 Net Sales Growth vs. 2023 3.5% – 4.5%3% – 5%
 Diluted EPS $6.15 – $6.25$5.32 – $5.52
        Growth vs. 202350% – 52%30% – 35%
 Adjusted Diluted EPS* $6.85 – $6.95$6.00 – $6.20
         Growth vs. 202351% – 53%32% – 37%
 Tax Rate Estimate 24%24%

Share Repurchase Program
Dorman repurchased 273,653 shares of its common stock for $26.7 million at an average share price of $97.70 during the quarter ended September 28, 2024. The Company had $134.6 million remaining under its prior share repurchase authorization.

In October, the Company’s Board of Directors authorized a new share repurchase program, effective January 1, 2025, authorizing the Company to repurchase up to $500 million of its outstanding common stock by the end of 2027. Under this program, share repurchases may be made from time to time depending on market conditions, share price, share availability and other factors at the Company’s discretion. The prior share repurchase plan and any amounts that remain available for purchases under that plan will expire on December 31, 2024.

Conference Call and Webcast
The Company will hold a conference call and webcast for investors on Friday, November 1, 2024 beginning at 8:00 a.m. Eastern time. The conference call can be accessed by telephone at (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials can be accessed on the Company’s website at Dorman Products, Inc. - Events. A replay of the session will be available on the Investor section of the Company’s website after the call.



About Dorman Products
Dorman gives professionals, enthusiasts and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money and increase convenience and reliability.

Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of products, covering cars, trucks and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics.

*Non-GAAP Measures
In addition to the financial measures prepared in accordance with generally accepted accounting principles (GAAP), this earnings release also contains Non-GAAP financial measures. The reasons why we believe these measures provide useful information to investors and a reconciliation of these measures to the most directly comparable GAAP measures and other information relating to these Non-GAAP measures are included in the supplemental schedules attached.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “probably,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “views,” “estimates” and similar expressions are used to identify these forward-looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date such statements were made. Such forward-looking statements are based on current expectations that involve known and unknown risks, uncertainties and other factors (many of which are outside of our control). Such risks, uncertainties and other factors relate to, among other things: competition in and the evolution of the motor vehicle aftermarket industry; changes in our relationships with, or the loss of, any customers or suppliers; our ability to develop, market and sell new and existing products; our ability to anticipate and meet customer demand; our ability to purchase necessary materials from our suppliers and the impacts of any related logistics constraints; widespread public health pandemics; political and regulatory matters, such as changes in trade policy, the imposition of tariffs and climate regulation; our ability to protect our information security systems and defend against cyberattacks; our ability to protect our intellectual property and defend against any claims of infringement; and financial and economic factors, such as our level of indebtedness, fluctuations in interest rates and inflation. More information on these risks and other potential factors that could affect the Company’s business, reputation, results of operations, financial condition, and stock price is included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company is under no obligation to, and expressly disclaims any such obligation to, update any of the information in this document, including but not limited to any situation where any forward-looking statement later turns out to be inaccurate whether as a result of new information, future events or otherwise.

Investor Relations Contact
Alex Whitelam, VP, Investor Relations & Risk Management
awhitelam@dormanproducts.com
(445) 448-9522

Visit our website at www.dormanproducts.com. The Investor Relations section of the website contains a significant amount of information about Dorman, including financial and other information for investors. Dorman encourages investors to visit its website periodically to view new and updated information.

DORMAN PRODUCTS, INC.
Consolidated Statements of Operations
(in thousands, except per-share amounts)

Three Months EndedThree Months Ended
(unaudited)9/28/24Pct.*9/30/23Pct. *
Net sales$503,773 100.0 $488,186 100.0 
Cost of goods sold299,970 59.5 304,968 62.5 
Gross profit203,803 40.5 183,218 37.5 
Selling, general and administrative expenses124,532 24.7 119,010 24.4 
Income from operations79,271 15.7 64,208 13.2 
Interest expense, net9,762 1.9 12,215 2.5 
Other income, net1,615 0.3 605 0.1 
Income before income taxes71,124 14.1 52,598 10.8 
Provision for income taxes15,871 3.2 12,076 2.5 
Net income$55,253 11.0 $40,522 8.3 
Diluted earnings per share$1.80 $1.28 
Weighted average diluted shares outstanding30,73931,555
Nine Months EndedNine Months Ended
(unaudited)9/28/24Pct.* 9/30/23Pct. *
Net sales$1,475,425 100.0 $1,435,492 100.0 
Cost of goods sold890,775 60.4 944,291 65.8 
Gross profit584,650 39.6 491,201 34.2 
Selling, general and administrative expenses378,489 25.7 353,681 24.6 
Income from operations206,161 14.0 137,520 9.6 
Interest expense, net30,569 2.1 36,733 2.6 
Other income, net1,711 0.1 1,358 0.1 
Income before income taxes177,303 12.0 102,145 7.1 
Provision for income taxes41,812 2.8 23,170 1.6 
Net income$135,491 9.2 $78,975 5.5 
Diluted earnings per share$4.37 $2.50 
Weighted average diluted shares outstanding31,01931,540
* Percentage of sales. Data may not add due to rounding.

DORMAN PRODUCTS, INC.
Consolidated Balance Sheets
(in thousands, except share data)

(unaudited)9/28/2412/31/23
Assets
Current assets:
Cash and cash equivalents$45,127 $36,814 
Accounts receivable, less allowance for doubtful accounts of $1,647 and $3,518
571,051 526,867 
Inventories665,237 637,375 
Prepaids and other current assets34,661 32,653 
Total current assets1,316,076 1,233,709 
Property, plant and equipment, net165,734 160,113 
Operating lease right-of-use assets107,176 103,476 
Goodwill443,340 443,889 
Intangible assets, net284,138 301,556 
Other assets47,633 49,664 
Total assets$2,364,097 $2,292,407 
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable$205,905 $176,664 
Accrued compensation27,003 23,971 
Accrued customer rebates and returns208,274 204,495 
Revolving credit facility61,760 92,760 
Current portion of long-term debt18,750 15,625 
Other accrued liabilities39,631 33,636 
Total current liabilities561,323 547,151 
Long-term debt455,038 467,239 
Long-term operating lease liabilities94,294 91,262 
Other long-term liabilities9,203 9,627 
Deferred tax liabilities, net9,637 8,925 
Commitments and contingencies
Shareholders’ equity:
Common stock, $0.01 par value; 50,000,000 shares authorized; 30,516,759 and 31,299,770 shares issued and outstanding in 2024 and 2023, respectively
305 313 
Additional paid-in capital110,595 101,045 
Retained earnings1,127,259 1,069,435 
Accumulated other comprehensive loss(3,557)(2,590)
Total shareholders’ equity1,234,602 1,168,203 
Total liabilities and shareholders' equity$2,364,097 $2,292,407 
Selected Cash Flow Information (unaudited):
Three Months Ended Nine Months Ended
(in thousands)9/28/249/30/239/28/249/30/23
Cash provided by operating activities$44,293 $56,224 $159,622 $149,110 
Depreciation, amortization and accretion$14,812 $13,817 $43,015 $40,786 
Capital expenditures$8,555 $9,667 $31,245 $32,936 

DORMAN PRODUCTS, INC.
Non-GAAP Financial Measures
(in thousands, except per-share amounts)
Our financial results include certain financial measures not derived in accordance with generally accepted accounting principles (GAAP). Non-GAAP financial measures should not be used as a substitute for GAAP measures, or considered in isolation, for the purpose of analyzing our operating performance, financial position or cash flows. Additionally, these non-GAAP measures may not be comparable to similarly titled measures reported by other companies. However, we have presented these non-GAAP financial measures because we believe this presentation, when reconciled to the corresponding GAAP measure, provides useful information to investors by offering additional ways of viewing our results, profitability trends, and underlying growth relative to prior and future periods and to our peers. Management uses these non-GAAP financial measures in making financial, operating, and planning decisions and in evaluating our performance. Non-GAAP financial measures may reflect adjustments for charges such as fair value adjustments, amortization, transaction costs, severance, accelerated depreciation, and other similar expenses related to acquisitions as well as other items that we believe are not related to our ongoing performance.
Adjusted Net Income:
Three Months Ended Nine Months Ended
(unaudited)9/28/24*9/30/23*9/28/24*9/30/23*
Net income (GAAP)$55,253 $40,522 $135,491 $78,975 
Pretax acquisition-related intangible assets amortization [1]6,173 5,485 17,138 16,336 
Pretax acquisition-related transaction and other costs [2] 396 465 1,327 14,880 
Pretax executive transition services expense [3]— — — 1,801 
Pretax fair value adjustment to contingent consideration [4]— (1,000)— (13,400)
Pretax reduction in workforce costs [5]76 — 4,926 — 
Tax adjustment (related to above items) [6](1,654)(1,214)(5,815)(4,891)
Adjusted net income (Non-GAAP)$60,244 $44,258 $153,067 $93,701 
Diluted earnings per share (GAAP)$1.80 $1.28 $4.37 $2.50 
Pretax acquisition-related intangible assets amortization [1]0.20 0.17 0.55 0.52 
Pretax acquisition-related transaction and other costs [2] 0.01 0.01 0.04 0.47 
Pretax executive transition services expense [3]— — — 0.06 
Pretax fair value adjustment to contingent consideration [4]— (0.03)— (0.42)
Pretax reduction in workforce costs [5]0.00 — 0.16 — 
Tax adjustment (related to above items) [6](0.05)(0.04)(0.19)(0.16)
Adjusted diluted earnings per share (Non-GAAP)$1.96 $1.40 $4.93 $2.97 
Weighted average diluted shares outstanding30,73931,55531,01931,540
* Amounts may not add due to rounding.
See accompanying notes at the end of this supplemental schedule.

DORMAN PRODUCTS, INC.
Non-GAAP Financial Measures
(in thousands, except per-share amounts)
Adjusted Gross Profit:
Three Months EndedThree Months Ended
(unaudited)9/28/24Pct.**9/30/23Pct.**
Gross profit (GAAP)$203,803 40.5 $183,218 37.5 
Pretax acquisition-related transaction and other costs [2]1 0.06 0.0 
Adjusted gross profit (Non-GAAP)$203,804 40.5 $183,224 37.5 
Net sales$503,773 $488,186 
Nine Months EndedNine Months Ended
(unaudited)9/28/24Pct.**9/30/23Pct.**
Gross profit (GAAP)$584,650 39.6 $491,201 34.2 
Pretax acquisition-related transaction and other costs [2]11 0.011,806 0.8 
Adjusted gross profit (Non-GAAP)$584,661 39.6 $503,007 35.0 
Net sales$1,475,425 $1,435,492 

DORMAN PRODUCTS, INC.
Non-GAAP Financial Measures
(in thousands, except per-share amounts)
Adjusted SG&A Expenses:
Three Months Ended Three Months Ended
(unaudited)9/28/24Pct.** 9/30/23Pct.**
SG&A expenses (GAAP)$124,532 24.7 $119,010 24.4 
Pretax acquisition-related intangible assets amortization [1](6,173)(1.2)(5,485)(1.1)
Pretax acquisition-related transaction and other costs [2](395)(0.1)(459)(0.1)
Pretax fair value adjustment to contingent consideration [4]— — 1,000 0.2 
Pretax reduction in workforce costs [5](76)(0.0)— — 
Adjusted SG&A expenses (Non-GAAP)$117,888 23.4 $114,066 23.4 
Net sales$503,773 $488,186 
Nine Months EndedNine Months Ended
(unaudited)9/28/24Pct.**9/30/23Pct.**
SG&A expenses (GAAP)$378,489 25.7 $353,681 24.6 
Pretax acquisition-related intangible assets amortization [1](17,138)(1.2)(16,336)(1.1)
Pretax acquisition-related transaction and other costs [2](1,316)(0.1)(3,074)(0.2)
Executive transition services expense [3]— — (1,801)(0.1)
Pretax fair value adjustment to contingent consideration [4]— — 13,400 0.9 
Pretax reduction in workforce costs [5](4,926)(0.3)— — 
Adjusted SG&A expenses (Non-GAAP)$355,109 24.1 $345,870 24.1 
Net sales$1,475,425 $1,435,492 
* *Percentage of sales. Data may not add due to rounding.
[1] – Pretax acquisition-related intangible asset amortization results from allocating the purchase price of acquisitions to the acquired tangible and intangible assets of the acquired business and recognizing the cost of the intangible asset over the period of benefit. Such costs were $6.2 million pretax (or $4.6 million after tax) during the three months ended September 28, 2024 and $17.1 million pretax (or $12.9 million after tax) during the nine months ended September 28, 2024. Such costs were $5.5 million pretax (or $4.2 million after tax) during the three months ended September 30, 2023 and $16.3 million pretax (or $12.3 million after tax) during the nine months ended September 30, 2023.
[2] – Pretax acquisition-related transaction and other costs include costs incurred to complete and integrate acquisitions, accretion on contingent consideration obligations, inventory fair value adjustments and facility consolidation and start-up expenses. During both the three and nine months ended September 28, 2024, we incurred charges included in cost of goods sold for integration costs of $0.0 million pretax (or $0.0 million after tax). During the three and nine months ended September 28, 2024, we incurred charges included in selling, general and administrative expenses to complete and integrate acquisitions of $0.4 million pretax (or $0.3 million after tax) and $1.3 million pretax (or $1.0 million after tax), respectively.
During the three and nine months ended September 30, 2023, we incurred charges included in cost of goods sold for integration costs, other facility consolidation expenses and inventory fair value adjustments of $0.0 million pretax (or $0.0 million after tax) and $11.8 million pretax (or $8.9 million after tax), respectively. During the three and nine months ended September 30, 2023, we incurred charges included in selling, general and administrative expenses to complete and integrate acquisitions, accretion on contingent consideration obligations and facility consolidation and start-up expenses of $0.5 million pretax (or $0.4 million after tax) and $3.1 million pretax (or $2.4 million after tax), respectively.

DORMAN PRODUCTS, INC.
Non-GAAP Financial Measures
(in thousands, except per-share amounts)
[3] – Pretax executive transition service expenses represents an accrual for costs required to be paid under an agreement in connection with the planned transition of our Executive Chairman to Non-Executive Chairman, and other professional services rendered in connection with the execution of the agreement. The expense was $1.8 million pretax (or $1.4 million after tax) during the nine months ended September 30, 2023.
[4] – Fair value adjustments to contingent consideration represents the change to our estimates of ultimate earnout payment amounts for a previously completed acquisition based on projections of financial performance compared to the target amounts defined in the purchase agreement and totaled $1.0 million pretax (or $0.8 million after tax) and $13.4 million pretax (or $10.2 million after tax) during the three and nine months ended September 30, 2023, respectively.
[5] – Pretax reduction in workforce costs represents costs incurred in connection with our planned workforce reduction including severance and other payroll-related costs insurance continuation costs, modifications of share-based compensation awards, and other costs directly attributable to the action. During the three and nine months ended September 28, 2024, the expense was $0.1 million pretax (or $0.1 million after tax) and $4.9 million pretax (or $3.7 million after tax), respectively.
[6] – Tax adjustments represent the aggregate tax effect of all non-GAAP adjustments reflected in the table above and totaled $(1.7) million and $(5.8) million during the three and nine months ended September 28, 2024, respectively, and $(1.2) million and $(4.9) million during the three and nine months ended September 30, 2023, respectively. Such items are estimated by applying our statutory tax rate to the pretax amount, or an actual tax amount for discrete items.

DORMAN PRODUCTS, INC.
Non-GAAP Financial Measures
(in thousands, except per-share amounts)

2024 Guidance:

The Company provides the following updated guidance ranges related to their fiscal 2024 outlook:
Year Ending 12/31/2024
(unaudited)Low End*High End*
Diluted earnings per share (GAAP)$6.15 $6.25 
Pretax acquisition-related intangible assets amortization0.73 0.73 
Pretax acquisition transaction and other costs0.05 0.05 
Pretax reduction in workforce costs0.15 0.15 
Tax adjustment (related to above items)(0.23)(0.23)
Adjusted diluted earnings per share (Non-GAAP)$6.85 $6.95 
Weighted average diluted shares outstanding31,00031,000
*Data may not add due to rounding.

v3.24.3
Cover
Oct. 29, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Oct. 29, 2024
Entity Registrant Name DORMAN PRODUCTS, INC.
Entity Incorporation, State or Country Code PA
Entity File Number 000-18914
Entity Tax Identification Number 23-2078856
Entity Address, Address Line One 3400 East Walnut Street
Entity Address, City or Town Colmar
Entity Address, State or Province PA
Entity Address, Postal Zip Code 18915
City Area Code 215
Local Phone Number 997-1800
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.01 Par Value
Trading Symbol DORM
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0000868780
Dorman Products (NASDAQ:DORM)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Dorman Products Charts.
Dorman Products (NASDAQ:DORM)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Dorman Products Charts.