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Segment Information Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Reportable segment revenue, gross profit, SG&A, depreciation and amortization expense, asset impairment, floorplan interest expense, other interest expense, benefit (provision) for income taxes, net income (loss) and capital expenditures were as follows for the years ended December 31, 2015, 2014 and 2013:
| Year Ended December 31, 2015 |
| U.S. |  | U.K. |  | Brazil |  | Total |
| (In thousands) |
New vehicle retail sales | $ | 4,989,290 |  |  | $ | 641,888 |  |  | $ | 370,128 |  |  | $ | 6,001,306 |  |
Used vehicle retail sales | 2,204,728 |  |  | 351,311 |  |  | 82,930 |  |  | 2,638,969 |  |
Used vehicle wholesale sales | 289,580 |  |  | 100,706 |  |  | 6,965 |  |  | 397,251 |  |
Parts and service | 1,032,960 |  |  | 102,183 |  |  | 51,050 |  |  | 1,186,193 |  |
Finance and insurance | 377,432 |  |  | 24,117 |  |  | 7,237 |  |  | 408,786 |  |
Total revenues | 8,893,990 |  |  | 1,220,205 |  |  | 518,310 |  |  | 10,632,505 |  |
Gross profit | 1,338,947 |  |  | 137,646 |  |  | 57,379 |  |  | 1,533,972 |  |
Selling, general and administrative expense | 958,608 |  | (1) | 108,719 |  |  | 53,506 |  |  | 1,120,833 |  |
Depreciation and amortization expense | 41,220 |  |  | 4,307 |  |  | 1,712 |  |  | 47,239 |  |
Asset impairment | 18,983 |  |  | 330 |  |  | 68,249 |  |  | 87,562 |  |
Floorplan interest expense | (36,062 | ) |  | (2,276 | ) |  | (926 | ) |  | (39,264 | ) |
Other interest expense, net | (52,277 | ) |  | (3,135 | ) |  | (1,491 | ) |  | (56,903 | ) |
Income (loss) before income taxes | 231,797 |  |  | 18,879 |  |  | (68,505 | ) |  | 182,171 |  |
(Provision) benefit for income taxes | (89,433 | ) |  | (3,655 | ) |  | 4,916 |  |  | (88,172 | ) |
Net income (loss) | 142,364 |  | (2) | 15,224 |  |  | (63,589 | ) | (3) | 93,999 |  |
Capital expenditures | $ | 97,504 |  |  | $ | 9,395 |  |  | $ | 333 |  |  | $ | 107,232 |  |
(1) Includes the following, pre-tax: loss due to catastrophic events of $1.6 million, a net gain on real estate and dealership transactions of $8.9 million, and legal items of $1.0 million. (2) Includes the following, after tax: loss due to catastrophic events of $1.0 million, net gain on real estate and dealership transactions of $5.5 million, and non-cash asset impairment charges of $12.0 million. (3) Includes after-tax non-cash asset impairment charges of $62.4 million.
| Year Ended December 31, 2014 |
| U.S. |  | U.K. |  | Brazil |  | Total |
| (In thousands) |
New vehicle retail sales | $ | 4,669,512 |  |  | $ | 519,137 |  |  | $ | 552,970 |  |  | $ | 5,741,619 |  |
Used vehicle retail sales | 1,923,740 |  |  | 283,147 |  |  | 117,981 |  |  | 2,324,868 |  |
Used vehicle wholesale sales | 279,074 |  |  | 82,235 |  |  | 17,834 |  |  | 379,143 |  |
Parts and service | 966,672 |  |  | 83,747 |  |  | 75,275 |  |  | 1,125,694 |  |
Finance and insurance | 336,243 |  |  | 18,986 |  |  | 11,336 |  |  | 366,565 |  |
Total revenues | 8,175,241 |  |  | 987,252 |  |  | 775,396 |  |  | 9,937,889 |  |
Gross profit | 1,245,907 |  |  | 115,393 |  |  | 86,638 |  |  | 1,447,938 |  |
Selling, general and administrative expense | 891,693 |  | (1) | 90,427 |  |  | 79,844 |  |  | 1,061,964 |  |
Depreciation and amortization expense | 36,701 |  |  | 3,403 |  |  | 2,240 |  |  | 42,344 |  |
Asset impairment | 15,570 |  |  | — |  |  | 25,950 |  |  | 41,520 |  |
Floorplan interest expense | (34,060 | ) |  | (1,662 | ) |  | (5,892 | ) |  | (41,614 | ) |
Other interest expense, net | (46,516 | ) |  | (2,065 | ) |  | (1,112 | ) |  | (49,693 | ) |
Loss on extinguishment of long-term debt | (46,403 | ) |  | — |  |  | — |  |  | (46,403 | ) |
Income (loss) before income taxes | 174,964 |  |  | 17,836 |  |  | (28,400 | ) |  | 164,400 |  |
(Provision) benefit for income taxes | (77,715 | ) |  | (3,561 | ) |  | 9,880 |  | (2) | (71,396 | ) |
Net income (loss) | 97,249 |  |  | 14,275 |  |  | (18,520 | ) |  | 93,004 |  |
Capital expenditures | $ | 88,774 |  |  | $ | 3,679 |  |  | $ | 5,256 |  |  | $ | 97,709 |  |
(1) Includes the following, pre-tax: loss due to catastrophic events of $2.8 million and a gain on real estate and dealership transactions of $13.8 million. (2) Includes the tax impact on deductible goodwill for $3.4 million.
| Year Ended December 31, 2013 |
| U.S. |  | U.K. |  | Brazil (1) |  | Total |
| (In thousands) |
New vehicle retail sales | $ | 4,220,913 |  |  | $ | 441,537 |  |  | $ | 562,471 |  |  | $ | 5,224,921 |  |
Used vehicle retail sales | 1,728,072 |  |  | 221,590 |  |  | 89,766 |  |  | 2,039,428 |  |
Used vehicle wholesale sales | 236,995 |  |  | 66,077 |  |  | 29,113 |  |  | 332,185 |  |
Parts and service | 878,951 |  |  | 67,557 |  |  | 64,177 |  |  | 1,010,685 |  |
Finance and insurance | 288,409 |  |  | 14,028 |  |  | 8,925 |  |  | 311,362 |  |
Total revenues | 7,353,340 |  |  | 810,789 |  |  | 754,452 |  |  | 8,918,581 |  |
Gross profit | 1,116,415 |  |  | 93,221 |  |  | 82,910 |  |  | 1,292,546 |  |
Selling, general and administrative expense | 830,275 |  | (2) | 74,777 |  |  | 71,804 |  | (3) | 976,856 |  |
Depreciation and amortization expense | 31,671 |  |  | 2,573 |  |  | 1,582 |  |  | 35,826 |  |
Asset impairment | 6,542 |  |  | — |  |  | — |  |  | 6,542 |  |
Floorplan interest expense | (33,789 | ) |  | (1,589 | ) |  | (6,289 | ) |  | (41,667 | ) |
Other interest (expense) income, net | (37,982 | ) |  | (1,158 | ) |  | 169 |  |  | (38,971 | ) |
Other expense, net | — |  |  | — |  |  | (789 | ) |  | (789 | ) |
Income before income taxes | 176,156 |  |  | 13,124 |  |  | 2,615 |  |  | 191,895 |  |
Provision for income taxes | 70,815 |  |  | 3,064 |  |  | 4,024 |  |  | 77,903 |  |
Net income (loss) | 105,340 |  | (4) | 10,061 |  |  | (1,409 | ) | (5) | 113,992 |  |
Capital expenditures | $ | 64,442 |  |  | $ | 1,489 |  |  | $ | 3,285 |  |  | $ | 69,216 |  |
(1) Includes financial data from the date of acquisition in February 2013 through December 31, 2013. (2) Includes the following, pre-tax: loss due to catastrophic events of $12.2 million, a net gain on real estate and dealership transactions of $10.2 million and acquisition costs of $5.2 million. (3) Includes pre-tax acquisition costs of $1.2 million. (4) Includes the following, after tax: loss due to catastrophic events of $7.4 million, net gain on real estate and dealership transactions of $5.4 million, non-cash asset impairment charges of $4.0 million and acquisition costs of $3.2 million, as well as the income tax effect of non-deductible acquisition costs of $1.7 million. (5) Includes the following, after tax: income tax effect of reserve for certain deferred tax assets of $3.5 million and acquisition costs of $1.3 million.
Schedule of Segment Reporting, by Segment, Goodwill and Intangible Assets [Table Text Block] | oodwill and intangible franchise rights and total assets by reportable segment were as follows:
|  | As of December 31, 2015
|  | U.S. |  | U.K. |  | Brazil |  | Total
|  | (In thousands)
Goodwill and intangible franchise rights |  | $ | 1,095,434 |  |  | $ | 43,093 |  |  | $ | 23,976 |  |  | $ | 1,162,503 |
Total assets |  | $ | 3,940,926 |  |  | $ | 358,476 |  |  | $ | 115,527 |  |  | $ | 4,414,929 |
|  | As of December 31, 2014
|  | U.S. |  | U.K. |  | Brazil |  | Total
|  | (In thousands)
Goodwill and intangible franchise rights |  | $ | 958,144 |  |  | $ | 43,295 |  |  | $ | 132,885 |  |  | $ | 1,134,324 |
Total assets |  | $ | 3,529,643 |  |  | $ | 327,644 |  |  | $ | 284,205 |  |  | $ | 4,141,492 |

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