XML 73 R62.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Financial Information Condensed Consolidated Cash Flow (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities $ 172,867 $ 80,575
Cash paid in acquisitions, net of cash received (54,739) (130,783)
Proceeds from disposition of franchises, property and equipment 13,985 7,339
Purchases of property and equipment, including real estate (70,272) (48,486)
Other 3,156 6,294
Net cash used in investing activities (107,870) (165,636)
Borrowings on credit facility - floorplan line and other 3,373,126 3,550,526
Repayments on credit facility - floorplan line and other (3,325,917) (3,466,772)
Borrowings on credit facility - acquisition line 150,020 346,050
Repayment on credit facility - acquisition line (140,020) (324,222)
Borrowings on other debt 19,653 25,744
Principal payments on other debt (22,248) (26,942)
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs 30,754 22,430
Principal payments on debt related to real estate (12,215) (14,359)
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 136 (1,113)
Repurchases of common stock, amounts based on settlement date (115,246) (33,121)
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net (85) 1,439
Dividends paid (10,124) (9,737)
Proceeds from (Payments for) Other Financing Activities (3,159) 0
Borrowings (repayments) with subsidiaries 0 0
Investment in subsidiaries 0 0
Distributions to parent 0 0
Net cash provided by (used in) financing activities (55,325) 69,923
Effect of Exchange Rate on Cash and Cash Equivalents 2,256 (1,612)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 11,928 (16,750)
CASH AND CASH EQUIVALENTS, beginning of period 13,037 40,975
CASH AND CASH EQUIVALENTS, end of period 24,965 24,225
Parent Company [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities 80,872 82,124
Cash paid in acquisitions, net of cash received 0 0
Proceeds from disposition of franchises, property and equipment 0 0
Purchases of property and equipment, including real estate 0 0
Other 0 0
Net cash used in investing activities 0 0
Borrowings on credit facility - floorplan line and other 0 0
Repayments on credit facility - floorplan line and other 0 0
Borrowings on credit facility - acquisition line 150,020 346,050
Repayment on credit facility - acquisition line (140,020) (324,222)
Borrowings on other debt 0 0
Principal payments on other debt 0 0
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs 0 0
Principal payments on debt related to real estate 0 0
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 136 (1,113)
Repurchases of common stock, amounts based on settlement date (115,246) (33,121)
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net (85) 0
Dividends paid (10,124) (9,737)
Proceeds from (Payments for) Other Financing Activities (2,736)  
Borrowings (repayments) with subsidiaries 233,120 80,027
Investment in subsidiaries (195,937) (140,008)
Distributions to parent 0 0
Net cash provided by (used in) financing activities (80,872) (82,124)
Effect of Exchange Rate on Cash and Cash Equivalents 0 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 0 0
CASH AND CASH EQUIVALENTS, beginning of period 0 0
CASH AND CASH EQUIVALENTS, end of period 0 0
Guarantor Subsidiaries [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities 88,538 (6,018)
Cash paid in acquisitions, net of cash received 0 (130,783)
Proceeds from disposition of franchises, property and equipment 12,728 6,845
Purchases of property and equipment, including real estate (59,894) (39,305)
Other 3,007 6,294
Net cash used in investing activities (44,159) (156,949)
Borrowings on credit facility - floorplan line and other 3,373,126 3,550,526
Repayments on credit facility - floorplan line and other (3,325,917) (3,466,772)
Borrowings on credit facility - acquisition line 0 0
Repayment on credit facility - acquisition line 0 0
Borrowings on other debt 0 138
Principal payments on other debt (461) (989)
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs 30,754 0
Principal payments on debt related to real estate (9,611) (12,846)
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0
Repurchases of common stock, amounts based on settlement date 0 0
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net 0 1,439
Dividends paid 0 0
Proceeds from (Payments for) Other Financing Activities (423)  
Borrowings (repayments) with subsidiaries (236,314) (54,206)
Investment in subsidiaries 123,624 124,918
Distributions to parent 0 0
Net cash provided by (used in) financing activities (45,222) 142,208
Effect of Exchange Rate on Cash and Cash Equivalents 0 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (843) (20,759)
CASH AND CASH EQUIVALENTS, beginning of period 6,338 25,379
CASH AND CASH EQUIVALENTS, end of period 5,495 4,620
Non-Guarantor Subsidiaries [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities 3,457 4,469
Cash paid in acquisitions, net of cash received (54,739) 0
Proceeds from disposition of franchises, property and equipment 1,257 494
Purchases of property and equipment, including real estate (10,378) (9,181)
Other 149 0
Net cash used in investing activities (63,711) (8,687)
Borrowings on credit facility - floorplan line and other 0 0
Repayments on credit facility - floorplan line and other 0 0
Borrowings on credit facility - acquisition line 0 0
Repayment on credit facility - acquisition line 0 0
Borrowings on other debt 19,653 25,606
Principal payments on other debt (21,787) (25,953)
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs 0 22,430
Principal payments on debt related to real estate (2,604) (1,513)
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0
Repurchases of common stock, amounts based on settlement date 0 0
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net 0 0
Dividends paid 0 0
Proceeds from (Payments for) Other Financing Activities 0  
Borrowings (repayments) with subsidiaries 3,194 (25,821)
Investment in subsidiaries 72,313 15,090
Distributions to parent 0 0
Net cash provided by (used in) financing activities 70,769 9,839
Effect of Exchange Rate on Cash and Cash Equivalents 2,256 (1,612)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,771 4,009
CASH AND CASH EQUIVALENTS, beginning of period 6,699 15,596
CASH AND CASH EQUIVALENTS, end of period $ 19,470 $ 19,605