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CONSOLIDATED CONDENSED STATEMENT OF EQUITY (USD $) In Thousands, except Share data | Total | Total Penske Automotive Group Stockholders' Equity | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Non-controlling Interest
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2011 | $ 1,140,413 | $ 1,135,985 | $ 9 | $ 702,335 | $ 459,375 | $ (25,734) | $ 4,428
Balance (in shares) at Dec. 31, 2011 |  |  | 90,277,356 |  |  |  |
Equity compensation | 5,102 | 5,102 |  | 5,102 |  |  |
Equity compensation (in shares) |  |  | 392,789 |  |  |  |
Distributions to non-controlling interests | (1,319) |  |  |  |  |  | (1,319)
Sale of subsidiary shares to non-controlling interest | 7,548 | 317 |  | 317 |  |  | 7,231
Foreign currency translation | 15,224 | 15,017 |  |  |  | 15,017 | 207
Repurchase of common stock | (9,829) | (9,829) |  | (9,829) |  |  |
Repurchase of common stock (in shares) |  |  | (405,631) |  |  |  |
Dividends | (29,760) | (29,760) |  |  | (29,760) |  |
Convertible debt redemption | 564 | 564 |  | 564 |  |  |
Other | 2,517 | 2,517 |  |  |  | 2,517 |
Net income | 137,931 | 136,941 |  |  | 136,941 |  | 990
Balance at Sep. 30, 2012 | $ 1,268,391 | $ 1,256,854 | $ 9 | $ 698,489 | $ 566,556 | $ (8,200) | $ 11,537
Balance (in shares) at Sep. 30, 2012 |  |  | 90,264,514 |  |  |  |

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