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Summary of Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2016
Summary of Quarterly Financial Data (Unaudited) |
Summary of Quarterly Financial Data (Unaudited) |
|  | First |  | Second |  | Third |  | Fourth |
|  | Quarter |  | Quarter |  | Quarter |  | Quarter |
2016 (1)(2) |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 4,824.6 |  | $ | 5,254.1 |  | $ | 5,152.0 |  | $ | 4,887.8 |
Gross profit |  |  | 723.8 |  |  | 771.3 |  |  | 744.2 |  |  | 727.3 |
Net income |  |  | 80.2 |  |  | 95.0 |  |  | 88.5 |  |  | 82.7 |
Net income attributable to Penske Automotive Group common stockholders |  |  | 79.3 |  |  | 93.5 |  |  | 87.5 |  |  | 82.6 |
Diluted earnings per share attributable to Penske Automotive Group common stockholders |  | $ | 0.90 |  | $ | 1.10 |  | $ | 1.03 |  | $ | 0.97 |
2015 (1)(2) |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 4,482.9 |  | $ | 4,920.6 |  | $ | 4,960.1 |  | $ | 4,921.3 |
Gross profit |  |  | 689.9 |  |  | 731.3 |  |  | 729.2 |  |  | 717.1 |
Net income |  |  | 75.9 |  |  | 95.7 |  |  | 87.5 |  |  | 71.3 |
Net income attributable to Penske Automotive Group common stockholders |  |  | 75.2 |  |  | 94.0 |  |  | 86.6 |  |  | 70.3 |
Diluted earnings per share attributable to Penske Automotive Group common stockholders |  | $ | 0.83 |  | $ | 1.04 |  | $ | 0.96 |  | $ | 0.78 |
| (1) |  | As discussed in Note 4, we have treated the operations of certain entities as discontinued operations. The results for all periods have been restated to reflect such treatment.
| (2) |  | Per share amounts are calculated independently for each of the quarters presented. The sum of the quarters may not equal the full year per share amounts due to rounding.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306 + Details
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