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Condensed Consolidating Financial Information (Details 2) (USD $) In Millions, unless otherwise specified | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013
Condensed consolidating statement of income |  |  |
Revenues | $ 4,048.0 | $ 3,349.3 | $ 14,700.0
Cost of sales | 3,424.0 | 2,822.7 |
Gross profit | 624.0 | 526.6 |
Selling, general and administrative expenses | 487.8 | 407.1 |
Depreciation | 16.5 | 14.3 |
Operating income | 119.7 | 105.2 |
Floor plan interest expense | (11.1) | (10.1) |
Other interest expense | (13.1) | (11.5) |
Equity in earnings of affiliates | 5.1 | 2.3 |
Income from continuing operations before income taxes | 100.6 | 85.9 |
Income taxes | (34.1) | (28.3) |
Income from continuing operations | 66.5 | 57.6 |
(Loss) income from discontinued operations, net of tax | 1.4 | 0.4 |
Net income | 67.9 | 58.0 |
Other Comprehensive Income (Loss), Net of Taxes | 6.2 | (37.1) |
Comprehensive Income | 74.1 | 20.9 |
Less: Comprehensive income attributable to the non-controlling interests | 0.2 | 0.9 |
Comprehensive income attributable to Penske Automotive Group common stockholders | 73.9 | 20.0 |
Eliminations |  |  |
Condensed consolidating statement of income |  |  |
Equity in earnings of subsidiaries | (111.6) | (97.9) |
Income from continuing operations before income taxes | (111.6) | (97.9) |
Income taxes | 37.9 | 32.2 |
Income from continuing operations | (73.7) | (65.7) |
(Loss) income from discontinued operations, net of tax | (1.4) | (0.4) |
Net income | (75.1) | (66.1) |
Other Comprehensive Income (Loss), Net of Taxes | (6.8) | 36.8 |
Comprehensive Income | (81.9) | (29.3) |
Less: Comprehensive income attributable to the non-controlling interests | 0.2 | (0.5) |
Comprehensive income attributable to Penske Automotive Group common stockholders | (82.1) | (28.8) |
Reportable legal entities | Penske Automotive Group |  |  |
Condensed consolidating statement of income |  |  |
Selling, general and administrative expenses | 5.8 | 5.2 |
Depreciation | 0.3 | 0.4 |
Operating income | (6.1) | (5.6) |
Floor plan interest expense | (2.4) | (2.3) |
Other interest expense | (7.1) | (6.3) |
Equity in earnings of affiliates | 4.2 | 1.9 |
Equity in earnings of subsidiaries | 111.6 | 97.9 |
Income from continuing operations before income taxes | 100.2 | 85.6 |
Income taxes | (34.1) | (28.3) |
Income from continuing operations | 66.1 | 57.3 |
(Loss) income from discontinued operations, net of tax | 1.4 | 0.4 |
Net income | 67.5 | 57.7 |
Other Comprehensive Income (Loss), Net of Taxes | 6.2 | (37.1) |
Comprehensive Income | 73.7 | 20.6 |
Less: Comprehensive income attributable to the non-controlling interests | (0.2) | 0.5 |
Comprehensive income attributable to Penske Automotive Group common stockholders | 73.9 | 20.1 |
Reportable legal entities | Guarantor Subsidiaries |  |  |
Condensed consolidating statement of income |  |  |
Revenues | 2,180.5 | 1,960.9 |
Cost of sales | 1,825.3 | 1,636.1 |
Gross profit | 355.2 | 324.8 |
Selling, general and administrative expenses | 286.6 | 250.0 |
Depreciation | 9.3 | 8.0 |
Operating income | 59.3 | 66.8 |
Floor plan interest expense | (5.0) | (4.7) |
Other interest expense | (1.2) | (1.1) |
Income from continuing operations before income taxes | 53.1 | 61.0 |
Income taxes | (23.9) | (23.8) |
Income from continuing operations | 29.2 | 37.2 |
(Loss) income from discontinued operations, net of tax | 7.0 | 0.8 |
Net income | 36.2 | 38.0 |
Other Comprehensive Income (Loss), Net of Taxes | (2.4) | 1.0 |
Comprehensive Income | 33.8 | 39.0 |
Comprehensive income attributable to Penske Automotive Group common stockholders | 33.8 | 39.0 |
Reportable legal entities | Non-Guarantor Subsidiaries |  |  |
Condensed consolidating statement of income |  |  |
Revenues | 1,867.5 | 1,388.4 |
Cost of sales | 1,598.7 | 1,186.6 |
Gross profit | 268.8 | 201.8 |
Selling, general and administrative expenses | 195.4 | 151.9 |
Depreciation | 6.9 | 5.9 |
Operating income | 66.5 | 44.0 |
Floor plan interest expense | (3.7) | (3.1) |
Other interest expense | (4.8) | (4.1) |
Equity in earnings of affiliates | 0.9 | 0.4 |
Income from continuing operations before income taxes | 58.9 | 37.2 |
Income taxes | (14.0) | (8.4) |
Income from continuing operations | 44.9 | 28.8 |
(Loss) income from discontinued operations, net of tax | (5.6) | (0.4) |
Net income | 39.3 | 28.4 |
Other Comprehensive Income (Loss), Net of Taxes | 9.2 | (37.8) |
Comprehensive Income | 48.5 | (9.4) |
Less: Comprehensive income attributable to the non-controlling interests | 0.2 | 0.9 |
Comprehensive income attributable to Penske Automotive Group common stockholders | $ 48.3 | $ (10.3) |

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