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Business Combinations (Tables)
 3 Months Ended
Mar. 31, 2014
Business Combinations  
Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed

 

 

 

March 31,

 

 

 

2014

 

2013

 

Accounts receivable

 

$

0.7

 

$

—

 

Inventory

 

27.2

 

0.1

 

Other current assets

 

1.1

 

0.1

 

Property and equipment

 

3.8

 

20.0

 

Indefinite-lived intangibles

 

54.5

 

7.0

 

Current liabilities

 

(2.0

)

—

 

Non-current liabilities

 

(2.2

)

—

 

Total consideration

 

83.1

 

27.2

 

Seller financed/assumed debt

 

(1.3

)

—

 

Cash used in dealership acquisitions

 

$

81.8

 

$

27.2

 

 
Summary of unaudited consolidated pro forma results of operations

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

2013

 

Revenues

 

$

4,080.9

 

$

3,809.9

 

Income from continuing operations

 

66.0

 

69.2

 

Net income

 

67.4

 

69.6

 

Income from continuing operations per diluted common share

 

$

0.73

 

$

0.76

 

Net income per diluted common share

 

$

0.74

 

$

0.77