XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 21,023,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 29,898,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowance for doubtful accounts of $1,977 and $2,191 290,638,000us-gaap_AccountsReceivableNetCurrent 295,379,000us-gaap_AccountsReceivableNetCurrent
Inventories, net 1,286,614,000us-gaap_InventoryNet 1,249,659,000us-gaap_InventoryNet
Other current assets 32,498,000us-gaap_OtherAssetsCurrent 32,010,000us-gaap_OtherAssetsCurrent
Assets held for sale 4,026,000us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 8,563,000us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total Current Assets 1,634,799,000us-gaap_AssetsCurrent 1,615,509,000us-gaap_AssetsCurrent
Property and equipment, net of accumulated depreciation of $123,816 and $117,679 828,707,000us-gaap_PropertyPlantAndEquipmentNet 816,745,000us-gaap_PropertyPlantAndEquipmentNet
Goodwill 199,286,000us-gaap_Goodwill [1] 199,375,000us-gaap_Goodwill [1]
Franchise value 150,856,000us-gaap_IndefiniteLivedFranchiseRights 150,892,000us-gaap_IndefiniteLivedFranchiseRights
Other non-current assets 110,737,000us-gaap_OtherAssetsNoncurrent 98,411,000us-gaap_OtherAssetsNoncurrent
Total Assets 2,924,385,000us-gaap_Assets 2,880,932,000us-gaap_Assets
Current Liabilities:    
Floor plan notes payable 42,139,000lad_FloorPlanNotesPayable 41,047,000lad_FloorPlanNotesPayable
Floor plan notes payable: non-trade 1,113,428,000lad_FloorPlanNotesPayableNonTrade 1,137,632,000lad_FloorPlanNotesPayableNonTrade
Current maturities of long-term debt 40,543,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 31,912,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Trade payables 76,517,000us-gaap_AccountsPayableCurrent 70,853,000us-gaap_AccountsPayableCurrent
Accrued liabilities 154,786,000us-gaap_AccruedLiabilitiesCurrent 153,661,000us-gaap_AccruedLiabilitiesCurrent
Deferred income taxes 3,140,000us-gaap_DeferredTaxLiabilitiesCurrent 2,603,000us-gaap_DeferredTaxLiabilitiesCurrent
Liabilities related to assets held for sale 2,688,000us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 4,892,000us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total Current Liabilities 1,433,241,000us-gaap_LiabilitiesCurrent 1,442,600,000us-gaap_LiabilitiesCurrent
Long-term debt, less current maturities 621,890,000us-gaap_LongTermDebtAndCapitalLeaseObligations 609,066,000us-gaap_LongTermDebtAndCapitalLeaseObligations
Deferred revenue 56,849,000us-gaap_DeferredRevenueNoncurrent 54,403,000us-gaap_DeferredRevenueNoncurrent
Deferred income taxes 41,474,000us-gaap_DeferredTaxLiabilitiesNoncurrent 42,795,000us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 63,094,000us-gaap_OtherLiabilitiesNoncurrent 58,963,000us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities 2,216,548,000us-gaap_Liabilities 2,207,827,000us-gaap_Liabilities
Stockholders' Equity:    
Preferred stock - no par value; authorized 15,000 shares; none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Additional paid-in capital 31,364,000us-gaap_AdditionalPaidInCapitalCommonStock 29,775,000us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive loss (787,000)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (926,000)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 404,316,000us-gaap_RetainedEarningsAccumulatedDeficit 367,879,000us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders' Equity 707,837,000us-gaap_StockholdersEquity 673,105,000us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity 2,924,385,000us-gaap_LiabilitiesAndStockholdersEquity 2,880,932,000us-gaap_LiabilitiesAndStockholdersEquity
Common Class A [Member]    
Stockholders' Equity:    
Common stock, value issued 272,625,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
276,058,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Common Class B [Member]    
Stockholders' Equity:    
Common stock, value issued $ 319,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 319,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
[1] Net of accumulated impairment losses of $299.3 million recorded during the year ended December 31, 2008.