XML 36 R19.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2015
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | . PROPERTY AND EQUIPMENT The Company’s property and equipment consisted of the following:
|  | Estimated Useful Lives in Years |  | December 31,
|  | 2015 |  | 2014
|  |  |  | (In thousands)
Land |  | — |  |  | $ | 364,475 |  |  | $ | 328,474 |
Buildings |  | 30 to 40 |  |  | 505,414 |  |  | 482,496 |
Leasehold improvements |  | varies |  |  | 155,585 |  |  | 134,658 |
Machinery and equipment |  | 7 to 20 |  |  | 90,993 |  |  | 87,728 |
Furniture and fixtures |  | 3 to 10 |  |  | 82,688 |  |  | 77,581 |
Company vehicles |  | 3 to 5 |  |  | 11,603 |  |  | 10,706 |
Construction in progress |  | — |  |  | 58,361 |  |  | 32,115 |
Total |  |  |  | 1,269,119 |  |  | 1,153,758 |
Less accumulated depreciation and amortization |  |  |  | 235,138 |  |  | 203,370 |
Property and equipment, net |  |  |  | $ | 1,033,981 |  |  | $ | 950,388 |
During 2015, the Company acquired $9.8 million of property and equipment associated with dealership acquisitions, including $8.5 million for land. In addition to these acquisitions, the Company incurred $107.2 million of capital expenditures for the purchase of furniture, fixtures, and equipment and construction or renovation of facilities, excluding $21.2 million of capital expenditures accrued as of December 31, 2014. During the year ended December 31, 2015, the Company accrued $32.7 million of capital expenditures. The Company also purchased real estate (including land and buildings) associated with existing dealership operations totaling $24.6 million. As of December 31, 2015, the Company determined that certain real estate qualified as held-for-sale. As a result, the Company classified the carrying value of the real estate, totaling $1.4 million, in prepaid and other current assets in its Consolidated Balance Sheets. During 2014, the Company acquired $80.5 million of property and equipment associated with dealership acquisitions, including $34.2 million for land and $41.0 million for buildings. In addition to these acquisitions, the Company incurred $97.7 million of capital expenditures for the purchase of furniture, fixtures, and equipment and construction or renovation of facilities, excluding $11.2 million of capital expenditures accrued as of December 31, 2013. During the year ended December 31, 2014, the Company accrued $21.2 million of capital expenditures. The Company also purchased real estate (including land and buildings) associated with existing dealership operations totaling $62.7 million. As of December 31, 2014, the Company determined that certain real estate qualified as held-for-sale. As a result, the Company classified the carrying value of the real estate, totaling $4.0 million, in prepaid and other current assets in its Consolidated Balance Sheets. Depreciation and amortization expense, including amortization of capital leases, totaled $47.2 million, $42.3 million, and $35.8 million for the years ended December 31, 2015, 2014, and 2013, respectively. As of December 31, 2015 and 2014, $69.6 million, and $67.5 million of buildings under capital leases were recorded as property and equipment, before accumulated depreciation, respectively.

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

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration