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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 265.7 $ 245.2 $ 197.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Asset impairments 1.3 0.0 14.0
Depreciation and amortization 75.4 57.7 49.3
Stock-based compensation 13.3 11.3 11.0
Loss (gain) on disposal of other assets 0.2 (0.4) (4.3)
Gain from disposal activities (15.1) (5.1) (1.1)
Deferred income taxes 33.0 (2.8) 10.1
(Increase) decrease (net of acquisitions and dispositions):      
Trade receivables, net 4.7 (57.4) (106.0)
Inventories (108.9) (193.1) (168.8)
Other assets (16.0) (3.1) (13.3)
Increase (decrease) (net of acquisitions and dispositions):      
Floor plan notes payable 196.9 20.3 16.4
Trade payables 15.1 20.0 16.4
Accrued liabilities 28.9 37.2 42.9
Other long-term liabilities and deferred revenue 25.2 19.1 27.2
Net cash provided by operating activities 519.7 148.9 90.9
Cash flows from investing activities:      
Capital expenditures (158.0) (105.4) (100.8)
Proceeds from sales of assets 3.1 15.3 2.2
Cash paid for other investments (62.7) (8.6) (30.3)
Cash paid for acquisitions, net of cash acquired (373.8) (460.4) (234.7)
Proceeds from sales of stores 34.3 20.9 11.9
Net cash used in investing activities (557.1) (538.2) (351.7)
Cash flows from financing activities:      
(Repayments) borrowings on floor plan notes payable: non-trade, net (21.9) 241.5 252.9
Borrowings on lines of credit 2,691.4 1,754.5 1,244.3
Repayments on lines of credit (2,499.6) (1,836.2) (1,123.1)
Principal payments on long-term debt, scheduled (26.5) (18.2) (16.7)
Principal payments on long-term debt and capital leases, other (26.1) (50.3) (27.7)
Proceeds from issuance of long-term debt 62.1 395.9 66.5
Payment of debt issuance costs (0.4) (4.7) 0.0
Proceeds from issuance of common stock 10.1 7.5 6.9
Repurchase of common stock (148.9) (33.8) (112.9)
Dividends paid (27.7) (26.5) (24.1)
Payments of contingent consideration related to acquisitions (0.8) 0.0 0.0
Other financing activity 0.0 (33.4) 0.0
Net cash provided by financing activities 11.7 396.3 266.1
(Decrease) increase in cash and cash equivalents (25.7) 7.0 5.3
Cash and cash equivalents at beginning of year 57.3 50.3 45.0
Cash and cash equivalents at end of year 31.6 57.3 50.3
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 117.1 68.9 49.7
Cash paid during the period for income taxes, net 32.9 127.3 57.2
Floor plan debt paid in connection with store disposals 33.1 3.7 5.3
Supplemental schedule of non-cash activities:      
Debt issued in connection with acquisitions 125.1 1.8 0.0
Non-cash assets transferred in connection with acquisitions 0.0 0.0 2.6
Debt assumed in connection with acquisitions 10.8 84.3 48.1
Acquisition of assets with capital leases 0.0 0.0 8.9
Issuance of Class A common stock in connection with acquisition $ 0.0 $ 2.1 $ 0.0