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Segment Information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
At March 31, 2014 and 2013, we had three operating and reportable segments: (1) Domestic, (2) Import, and (3) Premium Luxury. Our Domestic segment is comprised of retail automotive franchises that sell new vehicles manufactured by Ford, General Motors, and Chrysler. Our Import segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, and Nissan. Our Premium Luxury segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Lexus, and Audi. The franchises in each segment also sell used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products.
“Corporate and other” is comprised of our other businesses, including collision centers, a customer lead distribution business (which was divested in January 2014), and an auction operation, each of which generates revenues, as well as unallocated corporate overhead expenses and retrospective commissions for certain financing and insurance transactions that we arrange under agreements with third parties.
The operating segments identified above are the business activities of the Company for which discrete financial information is available and for which operating results are regularly reviewed by our chief operating decision maker to allocate resources and assess performance. Our chief operating decision maker is our Chief Executive Officer. We have determined that our three operating segments also represent our reportable segments.
Reportable segment revenue and segment income are as follows:
 
Three Months Ended
 
March 31,
 
2014
 
2013
Revenue:
 
 
 
Domestic
$
1,473.0

 
$
1,378.0

Import
1,549.4

 
1,503.7

Premium Luxury
1,306.4

 
1,172.9

Total segment revenue
4,328.8

 
4,054.6

Corporate and other
34.7

 
41.8

Total consolidated revenue
$
4,363.5

 
$
4,096.4



 
Three Months Ended
 
March 31,
 
2014
 
2013
Segment income(1):
 
 
 
Domestic
$
63.8

 
$
58.6

Import
65.4

 
71.0

Premium Luxury
83.3

 
68.8

Total segment income
212.5

 
198.4

Corporate and other
(36.6
)
 
(41.9
)
Other interest expense
(21.6
)
 
(22.3
)
Interest income
—

 
0.1

Other income, net
1.5

 
1.6

Income from continuing operations before income taxes
$
155.8

 
$
135.9

(1) Segment income for each of our segments is defined as operating income less floorplan interest expense.