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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 156,200,000 $ 46,200,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,800,000 22,000,000.0
Stock-based compensation 8,000,000.0 5,100,000
Loss on disposal of other assets 300,000 100,000
Gain (loss) on disposal of franchise 700,000 (100,000)
Unrealized investment loss 300,000 0
Deferred income taxes 10,400,000 8,200,000
Amortization of operating lease right-of-use assets 8,200,000 6,900,000
(Increase) decrease (net of acquisitions and dispositions):    
Accounts receivable, net (126,700,000) 202,100,000
Inventories 244,600,000 (69,800,000)
Other assets (62,100,000) (8,600,000)
Increase (decrease) (net of acquisitions and dispositions):    
Floor plan notes payable 107,300,000 (32,700,000)
Trade payables 47,800,000 (14,600,000)
Accrued liabilities 76,700,000 (47,100,000)
Other long-term liabilities and deferred revenue (2,100,000) 4,000,000.0
Net cash provided by operating activities 496,400,000 121,700,000
Cash flows from investing activities:    
Capital expenditures (50,000,000.0) (41,600,000)
Proceeds from sales of assets 0 200,000
Cash paid for other investments (9,600,000) (9,300,000)
Cash paid for acquisitions, net of cash acquired (383,500,000) (72,300,000)
Proceeds from sales of stores 300,000 4,700,000
Net cash used in investing activities (442,800,000) (118,300,000)
Cash flows from financing activities:    
Repayments on floor plan notes payable, net: non-trade (74,800,000) (43,500,000)
Borrowings on lines of credit 79,300,000 430,000,000.0
Repayments on lines of credit (18,300,000) (375,000,000.0)
Principal payments on long-term debt and finance lease liabilities, scheduled (8,300,000) (6,500,000)
Proceeds from issuance of long-term debt 0 17,200,000
Payment of debt issuance costs (100,000) (400,000)
Proceeds from issuance of common stock 4,200,000 2,600,000
Repurchase of common stock (15,900,000) (48,200,000)
Dividends paid (8,200,000) (7,000,000.0)
Payment of contingent consideration related to acquisitions (1,400,000) 0
Net cash used in financing activities (43,500,000) (30,800,000)
Increase (decrease) in cash and cash equivalents 10,100,000 (27,400,000)
Cash and cash equivalents at beginning of period 160,200,000 84,000,000.0
Cash and cash equivalents at end of period 170,300,000 56,600,000
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 30,000,000.0 31,500,000
Cash paid during the period for income taxes, net 2,500,000 1,300,000
Floor plan debt paid in connection with store disposals 1,400,000 0
Supplemental schedule of non-cash activities:    
Right-of-use assets obtained in exchange for lease liabilities $ 3,400,000 $ 1,800,000