XML 15 R4.htm IDEA: XBRL DOCUMENT 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