Dorman Products Inc 2024年度报告

(Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ DORMAN PRODUCTS, INC. 3400 East Walnut Street,Colmar,Pennsylvania18915(Address of principal executive offices) (Zip Code) (215)997-1800(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered: The NASDAQ Stock Market LLC Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.YesxNoo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YesoNox Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days.YesxNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of theExchange Act: Smaller reporting company Emerging growth company 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 revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issues its audit report.x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect thecorrection of an error to previously issued financial statements.o Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesoNox The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant as of June 28, 2024 was $1,965,492,670. As of February24, 2025, the registrant had30,581,562shares of common stock, $0.01 par value, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Certain portions of the registrant's definitive proxy statement, in connection with its 2025 Annual Meeting of Shareholders, to be filed with the Securities and ExchangeCommission within 120 days after December31, 2024, are incorporated by reference into PART III of this Annual Report on Form 10-K. DORMAN PRODUCTS, INC.INDEX TO ANNUAL REPORT ON FORM 10-KDecember31, 2024 PART I ITEM 1.BusinessITEM 1A.Risk FactorsITEM 1B.Unresolved Staff CommentsITEM 1C.CybersecurityITEM 2.PropertiesITEM 3.Legal ProceedingsITEM 4.Mine Safety DisclosuresITEM 4.1Information about Our Executive Officers PART II ITEM 5.Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases ofEquity Securities29ITEM 6.[Reserved]30ITEM 7.Management's Discussion and Analysis of Financial Condition and Results of Operations31ITEM 7A.Quantitative and Qualitative Disclosures about Market Risk40ITEM 8.Financial Statements and Supplementary Data40ITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure67ITEM 9A.Controls and Procedures67ITEM 9B.Other Information70ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections70 PART III ITEM 10.Directors, Executive Officers and Corporate Governance71ITEM 11.Executive Compensation71ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related ShareholderMatters71ITEM 13.Certain Relationships and Related Transactions, and Director Independence72ITEM 14.Principal Accounting Fees and Services72 PART IV ITEM 15.Exhibits and Fin