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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE LOSS
Changes in the balances of each component of accumulated other comprehensive loss for the six months ended June 30, 2014 and 2013 were as follows: 
 
 
Six Months Ended June 30, 2014
 
 
Accumulated foreign currency translation loss
 
Accumulated loss on interest rate swaps
 
Total
 
 
(In thousands)
Balance, December 31, 2013
 
$
(37,827
)
 
$
(13,850
)
 
$
(51,677
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 

Pre-tax
 
14,609

 
(10,182
)
 
4,427

Tax effect
 

 
3,818

 
3,818

Amounts reclassified from accumulated other comprehensive income to:
 
 
 
 
 


Floorplan interest expense
 

 
4,884

 
4,884

Other interest expense
 

 
722

 
722

Tax effect
 

 
(2,102
)
 
(2,102
)
Net current period other comprehensive income
 
14,609

 
(2,860
)
 
11,749

Balance, June 30, 2014
 
$
(23,218
)
 
$
(16,710
)
 
$
(39,928
)

 
 
Six Months Ended June 30, 2013
 
 
Accumulated foreign currency translation loss
 
Accumulated loss on interest rate swaps
 
Total
 
 
(In thousands)
Balance, December 31, 2012
 
$
(6,126
)
 
$
(26,931
)
 
$
(33,057
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
Pre-tax
 
(26,724
)
 
12,304

 
(14,420
)
Tax effect
 

 
(4,614
)
 
(4,614
)
Amounts reclassified from accumulated other comprehensive income to:
 
 
 
 
 
 
Floorplan interest expense
 

 
4,848

 
4,848

Other interest expense
 

 
606

 
606

Tax effect
 

 
(2,045
)
 
(2,045
)
Net current period other comprehensive (loss) income
 
(26,724
)
 
11,099

 
(15,625
)
Balance, June 30, 2013
 
$
(32,850
)
 
$
(15,832
)
 
$
(48,682
)