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Interim Financial Statements (Tables)
6 Months Ended
Jun. 30, 2015
Interim Financial Statements.  
Combined financial information regarding entities accounted for as discontinued operations

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Revenues

 

$

35.7

 

$

65.8

 

$

76.0

 

$

145.2

 

Pre-tax loss

 

$

(1.2

)

$

(8.4

)

$

(5.3

)

$

(18.4

)

Pre-tax gain on disposal

 

$

0.7

 

$

 

$

3.0

 

$

14.8

 

 

 

 

June 30,

 

December 31,

 

 

 

2015

 

2014

 

Inventories

 

$

21.3 

 

$

34.7 

 

Other assets

 

24.4 

 

151.9 

 

 

 

 

 

 

 

Total assets

 

$

45.7 

 

$

186.6 

 

 

 

 

 

 

 

 

 

Floor plan notes payable (including non-trade)

 

$

16.6 

 

$

27.9 

 

Other liabilities

 

13.3 

 

104.8 

 

 

 

 

 

 

 

Total liabilities

 

$

29.9 

 

$

132.7 

 

 

 

 

 

 

 

 

 

 

Summary of carrying values and fair values of senior subordinated notes and fixed rate mortgage facilities

 

 

 

June 30, 2015

 

December 31, 2014

 

 

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

 

5.75% senior subordinated notes due 2022

 

$

550.0 

 

$

577.5 

 

$

550.0 

 

$

558.4 

 

5.375% senior subordinated notes due 2024

 

300.0 

 

303.0 

 

300.0 

 

306.0 

 

Mortgage facilities

 

169.4 

 

168.6 

 

169.7 

 

171.6