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Acquisitions
3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Acquisitions
ACQUISITIONS
During the first quarter of 2015, we purchased a Mercedes-Benz store in Reno, Nevada, and a Volkswagen store in the Atlanta, Georgia market. Acquisitions are included in the Unaudited Condensed Consolidated Financial Statements from the date of acquisition. The purchase price allocation for these business combinations are tentative and subject to final adjustment. We did not purchase any stores during the three months ended March 31, 2014.
The acquisitions that occurred during the first quarter of 2015 were not material to our financial condition or results of operations. Additionally, on a pro forma basis as if the results of these acquisitions had been included in our consolidated results for the entire three month periods ended March 31, 2015 and 2014, revenue and net income would not have been materially different from our reported revenue and net income for these periods.
In April 2015, we purchased a Chrysler Dodge Jeep Ram store in Valencia, California, and a Mercedes-Benz store in San Jose, California.