XML 20 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 50,282 $ 45,008
Accounts receivable, net of allowance for doubtful accounts of $5,281 and $2,243 417,714 308,462
Inventories, net 1,772,587 1,470,987
Other current assets 46,611 54,022
Total Current Assets 2,287,194 1,878,479
Property and equipment, net of accumulated depreciation of $167,300 and $137,853 1,006,130 876,660
Goodwill [1] 259,399 213,220
Franchise value 184,268 157,699
Other non-current assets 107,159 99,072
Total Assets 3,844,150 3,225,130
Current Liabilities:    
Floor Plan Notes Payable 94,602 48,083
Floor plan notes payable: non-trade 1,506,895 1,265,872
Current maturities of long-term debt 20,965 38,506
Trade payables 88,423 70,871
Accrued liabilities 211,109 167,107
Total Current Liabilities 1,921,994 1,590,439
Long-term debt, less current maturities 769,916 604,680
Deferred revenue 81,929 66,734
Deferred income taxes 59,075 53,129
Other long-term liabilities 100,460 81,984
Total Liabilities 2,933,374 2,396,966
Stockholders' Equity:    
Preferred stock - no par value; authorized 15,000 shares; none outstanding 0 0
Additional paid-in capital 41,225 38,822
Accumulated other comprehensive loss (277)
Retained earnings 703,820 530,893
Total Stockholders' Equity 910,776 828,164
Total Liabilities and Stockholders' Equity 3,844,150 3,225,130
Common Class A [Member]    
Stockholders' Equity:    
Common stock 165,512 258,410
Common Class B [Member]    
Stockholders' Equity:    
Common stock $ 219 $ 316
[1] Net of accumulated impairment losses of $299.3 million recorded during the year ended December 31, 2008.