XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.25.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | The following table presents the calculation of basic and diluted EPS:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net Income | $ | 215.1 |  |  | $ | 185.8 |  |  | $ | 477.0 |  |  | $ | 506.1 |
Basic weighted average common shares outstanding | 37.6 |  |  | 39.9 |  |  | 38.2 |  |  | 40.8 |
Dilutive effect of unvested RSUs | 0.5 |  |  | 0.4 |  |  | 0.4 |  |  | 0.3 |
Diluted weighted average common shares outstanding | 38.1 |  |  | 40.3 |  |  | 38.6 |  |  | 41.1 |
Basic EPS | $ | 5.72 |  |  | $ | 4.66 |  |  | $ | 12.49 |  |  | $ | 12.40 |
Diluted EPS | $ | 5.65 |  |  | $ | 4.61 |  |  | $ | 12.36 |  |  | $ | 12.31 |
Earnings per share for the nine months ended September 30, 2025, was adversely impacted by non-cash goodwill and franchise rights impairments. See Notes 8 and 14 of the Notes to Unaudited Condensed Consolidated Financial Statements for more information. In June 2024, our business was impacted by an outage of our dealer management system provided by CDK Global, which is used to support our dealership operations, including our sales, service, inventory, customer relationship management, and accounting functions. Access to core functions of this system was restored by the end of June 2024, and certain ancillary systems and integrations were restored by the end of July 2024, with residual impacts resolved by the end of the third quarter of 2024. As a result, our results of operations and earnings per share were negatively impacted by one-time compensation costs paid to commission-based associates to ensure business continuity in the second quarter of 2024 and by lost income from the disruption to our operations in the second and third quarters of 2024.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration