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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 24,225 $ 40,975
Contracts-in-transit and vehicle receivables, net 233,888 237,448
Accounts, Notes, Loans and Financing Receivable, Net, Current 144,265 151,330
Inventories, net 1,657,105 1,556,705
Deferred income taxes 12,031 11,062
Prepaid expenses and other current assets 27,851 37,699
Total current assets 2,099,365 2,035,219
PROPERTY AND EQUIPMENT, net 965,363 950,388
GOODWILL 887,200 830,377
INTANGIBLE FRANCHISE RIGHTS 331,811 303,947
OTHER ASSETS 19,235 21,561
Total assets 4,302,974 4,141,492
CURRENT LIABILITIES:    
Floorplan notes payable - credit facility and other 1,205,729 1,143,246
Offset account related to floorplan notes payable - credit facility (22,466) (39,616)
Floorplan notes payable - manufacturer affiliates 308,710 307,656
FMCC Offset (23,300) (22,500)
Current maturities of long-term debt 76,442 72,630
Accounts payable 304,361 288,320
Accrued expenses 161,123 172,463
Total current liabilities 2,010,599 1,922,199
LONG-TERM DEBT, net of current maturities 1,041,852 1,008,837
DEFERRED INCOME TAXES 147,818 141,239
LIABILITIES FROM INTEREST RATE RISK MANAGEMENT ACTIVITIES 29,020 25,311
OTHER LIABILITIES 69,534 65,896
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 1,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value, 50,000 shares authorized; 25,756 and 25,724 issued, respectively 258 257
Additional paid-in capital 287,045 286,854
Retained earnings 924,473 852,057
Accumulated other comprehensive loss (103,341) (81,984)
Treasury stock, at cost; 1,635 and 1,385 shares, respectively (104,284) (79,174)
Total stockholders’ equity 1,004,151 978,010
Total liabilities and stockholders’ equity 4,302,974 4,141,492
U.S. [Member]    
CURRENT ASSETS:    
GOODWILL [1] 769,163 700,642
Total assets 3,692,960 3,529,643
U.K. [Member]    
CURRENT ASSETS:    
GOODWILL [1] 37,294 35,138
Total assets 366,318 327,644
Brazil [Member]    
CURRENT ASSETS:    
GOODWILL [1] 80,743 94,597
Total assets $ 243,696 $ 284,205
[1] 1) Net of accumulated impairment of $42.4 million.