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Segments (Tables) | 9 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
Schedule of Certain Information on a Segment Basis | Certain financial information on a segment basis is as follows (in thousands):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  |  |  |  |  |  |  |
New vehicle |  | $ | 600,054 |  |  | $ | 567,423 |  |  | $ | 1,711,179 |  |  | $ | 1,581,329 |
Used vehicle retail |  | 288,238 |  |  | 260,622 |  |  | 836,473 |  |  | 756,834 |
Used vehicle wholesale |  | 36,983 |  |  | 27,986 |  |  | 104,502 |  |  | 90,972 |
Finance and insurance |  | 42,541 |  |  | 38,408 |  |  | 125,626 |  |  | 111,970 |
Service, body and parts |  | 114,756 |  |  | 103,070 |  |  | 335,370 |  |  | 292,987 |
Fleet and other |  | 15,282 |  |  | 10,801 |  |  | 50,389 |  |  | 28,926 |
|  | 1,097,854 |  |  | 1,008,310 |  |  | 3,163,539 |  |  | 2,863,018 |
Import |  |  |  |  |  |  |  |
New vehicle |  | 787,803 |  |  | 737,931 |  |  | 2,227,393 |  |  | 1,933,217 |
Used vehicle retail |  | 334,614 |  |  | 289,723 |  |  | 977,931 |  |  | 806,510 |
Used vehicle wholesale |  | 35,162 |  |  | 24,337 |  |  | 94,340 |  |  | 78,456 |
Finance and insurance |  | 60,494 |  |  | 51,564 |  |  | 167,057 |  |  | 137,419 |
Service, body and parts |  | 114,776 |  |  | 104,106 |  |  | 340,816 |  |  | 289,733 |
Fleet and other |  | 3,512 |  |  | 2,294 |  |  | 21,987 |  |  | 31,332 |
|  | 1,336,361 |  |  | 1,209,955 |  |  | 3,829,524 |  |  | 3,276,667 |
Luxury |  |  |  |  |  |  |  |
New vehicle |  | 347,568 |  |  | 252,861 |  |  | 988,002 |  |  | 649,566 |
Used vehicle retail |  | 182,479 |  |  | 128,355 |  |  | 510,323 |  |  | 350,992 |
Used vehicle wholesale |  | 19,896 |  |  | 13,418 |  |  | 54,359 |  |  | 37,114 |
Finance and insurance |  | 16,421 |  |  | 10,816 |  |  | 44,606 |  |  | 28,335 |
Service, body and parts |  | 76,906 |  |  | 56,240 |  |  | 218,582 |  |  | 154,598 |
Fleet and other |  | 9,617 |  |  | 1,828 |  |  | 31,039 |  |  | 25,879 |
|  | 652,887 |  |  | 463,518 |  |  | 1,846,911 |  |  | 1,246,484 |
|  | 3,087,102 |  |  | 2,681,783 |  |  | 8,839,974 |  |  | 7,386,169 |
Corporate and other |  | 4,850 |  |  | (1,441 | ) |  | 8,194 |  |  | (2,690 | )
|  | $ | 3,091,952 |  |  | $ | 2,680,342 |  |  | $ | 8,848,168 |  |  | $ | 7,383,479 |
Segment income 1: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 25,304 |  |  | $ | 31,141 |  |  | $ | 79,466 |  |  | $ | 84,440 |
Import |  | 37,369 |  |  | 36,954 |  |  | 90,634 |  |  | 91,365 |
Luxury |  | 11,685 |  |  | 7,515 |  |  | 30,510 |  |  | 22,542 |
|  | 74,358 |  |  | 75,610 |  |  | 200,610 |  |  | 198,347 |
Corporate and other |  | 66,899 |  |  | 34,541 |  |  | 149,473 |  |  | 111,281 |
Depreciation and amortization |  | (19,649 | ) |  | (14,828 | ) |  | (55,324 | ) |  | (41,598 | )
Other interest expense |  | (15,010 | ) |  | (9,905 | ) |  | (40,645 | ) |  | (23,745 | )
Other income, net |  | 2,389 |  |  | 1,125 |  |  | 5,422 |  |  | 11,357 |
Income before income taxes |  | $ | 108,987 |  |  | $ | 86,543 |  |  | $ | 259,536 |  |  | $ | 255,642 |
1 Segment income for each of the segments is defined as income before income taxes, depreciation and amortization, other interest expense and other income, net.
Reconciliation of Assets from Segment to Consolidated |
|  | September 30, 2018 |  | December 31, 2017
Total assets: |  |  |  |
Domestic |  | $ | 1,451,031 |  |  | $ | 1,338,232 |
Import |  | 1,171,557 |  |  | 1,137,934 |
Luxury |  | 767,952 |  |  | 641,118 |
Corporate and other |  | 1,784,029 |  |  | 1,565,782 |
|  | $ | 5,174,569 |  |  | $ | 4,683,066 |

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