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v3.19.1

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Revenues: |  |
Total revenues | $ 2,849.7 | $ 2,659.7
Cost of sales: |  |
Total cost of sales | 2,399.0 | 2,251.6
Gross profit | 450.7 | 408.1
Asset impairments | 0.5 | 0.0
Selling, general and administrative | 321.8 | 297.5
Depreciation and amortization | 19.8 | 16.8
Operating income | 108.6 | 93.8
Floor plan interest expense | (18.1) | (13.5)
Other interest expense, net | (15.3) | (11.8)
Other income, net | 2.6 | 1.3
Income before income taxes | 77.8 | 69.8
Income tax provision | (21.4) | (17.7)
Net income | $ 56.4 | $ 52.1
Basic net income per share (in dollars per share) | $ 2.43 | $ 2.08
Shares used in basic per share calculations (in shares) | 23.2 | 25.1
Diluted net income per share (in dollars per share) | $ 2.42 | $ 2.07
Shares used in diluted per share calculations (in shares) | 23.2 | 25.2
Cash dividends paid per Class A and Class B share (in dollars per share) | $ 0.29 | $ 0.27
New vehicle |  |
Revenues: |  |
Total revenues | $ 1,461.1 | $ 1,454.7
Cost of sales: |  |
Total cost of sales | 1,375.2 | 1,367.8
Used vehicle retail |  |
Revenues: |  |
Total revenues | 827.9 | 715.6
Cost of sales: |  |
Total cost of sales | 743.3 | 642.0
Used vehicle wholesale |  |
Revenues: |  |
Total revenues | 77.4 | 76.0
Cost of sales: |  |
Total cost of sales | 76.5 | 75.0
Finance and insurance |  |
Revenues: |  |
Total revenues | 117.5 | 106.5
Service, body and parts |  |
Revenues: |  |
Total revenues | 317.4 | 285.7
Cost of sales: |  |
Total cost of sales | 157.9 | 147.3
Fleet and other |  |
Revenues: |  |
Total revenues | 48.4 | 21.2
Cost of sales: |  |
Total cost of sales | $ 46.1 | $ 19.5

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