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v3.5.0.2

Condensed Consolidated Financial Information Condensed Consolidated Income Statement (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015
Condensed Income Statements, Captions [Line Items] |  |  |  |
REVENUES: | $ 2,823,176 | $ 2,800,569 | $ 8,213,980 | $ 7,959,903
COST OF SALES: | 2,416,508 | 2,402,187 | 7,008,092 | 6,806,064
GROSS PROFIT | 406,668 | 398,382 | 1,205,888 | 1,153,839
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 299,006 | 289,012 | 891,692 | 841,050
DEPRECIATION AND AMORTIZATION EXPENSE | 12,891 | 11,811 | 38,067 | 35,441
ASSET IMPAIRMENTS | 10,855 | 916 | 12,812 | 1,955
INCOME FROM OPERATIONS | 83,916 | 96,643 | 263,317 | 275,393
Floorplan interest expense | (11,135) | (9,685) | (33,737) | (29,046)
Interest Expense, Other | (17,094) | (13,922) | (50,729) | (42,061)
INCOME BEFORE INCOME TAXES | 55,687 | 73,036 | 178,851 | 204,286
BENEFIT (PROVISION) FOR INCOME TAXES | (20,321) | (27,775) | (62,614) | (76,901)
EQUITY IN EARNINGS OF SUBSIDIARIES | 0 | 0 | 0 | 0
NET INCOME | 35,366 | 45,261 | 116,237 | 127,385
COMPREHENSIVE LOSS | (3,041) | (42,465) | (19,462) | (63,821)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PARENT | 32,325 | 2,796 | 96,775 | 63,564
Parent Company [Member] |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
REVENUES: | 0 | 0 | 0 | 0
COST OF SALES: | 0 | 0 | 0 | 0
GROSS PROFIT | 0 | 0 | 0 | 0
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 435 | 555 | 2,243 | 2,612
DEPRECIATION AND AMORTIZATION EXPENSE | 0 | 0 | 0 | 0
ASSET IMPAIRMENTS | 0 | 0 | 0 | 0
INCOME FROM OPERATIONS | (435) | (555) | (2,243) | (2,612)
Floorplan interest expense | 0 | 0 | 0 | 0
Interest Expense, Other | 0 | 648 | 0 | 1,845
INCOME BEFORE INCOME TAXES | (435) | 93 | (2,243) | (767)
BENEFIT (PROVISION) FOR INCOME TAXES | 164 | (35) | 841 | 288
EQUITY IN EARNINGS OF SUBSIDIARIES | 35,637 | 45,203 | 117,639 | 127,864
NET INCOME | 35,366 | 45,261 | 116,237 | 127,385
COMPREHENSIVE LOSS | 0 | 0 | 0 | 0
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PARENT | 35,366 | 45,261 | 116,237 | 127,385
Guarantor Subsidiaries [Member] |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
REVENUES: | 2,274,723 | 2,343,567 | 6,563,739 | 6,629,514
COST OF SALES: | 1,927,997 | 1,995,252 | 5,539,707 | 5,624,527
GROSS PROFIT | 346,726 | 348,315 | 1,024,032 | 1,004,987
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 244,450 | 247,054 | 730,776 | 712,265
DEPRECIATION AND AMORTIZATION EXPENSE | 11,061 | 10,372 | 32,298 | 30,847
ASSET IMPAIRMENTS | 10,855 | 204 | 12,389 | 702
INCOME FROM OPERATIONS | 80,360 | 90,685 | 248,569 | 261,173
Floorplan interest expense | (9,979) | (8,963) | (30,428) | (26,439)
Interest Expense, Other | (16,376) | (12,738) | (48,501) | (38,534)
INCOME BEFORE INCOME TAXES | 54,005 | 68,984 | 169,640 | 196,200
BENEFIT (PROVISION) FOR INCOME TAXES | (19,884) | (26,398) | (62,246) | (73,375)
EQUITY IN EARNINGS OF SUBSIDIARIES | 0 | 0 | 0 | 0
NET INCOME | 34,121 | 42,586 | 107,394 | 122,825
COMPREHENSIVE LOSS | (6,341) | (6,158) | (9,208) | (6,919)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PARENT | 27,780 | 36,428 | 98,186 | 115,906
Non-Guarantor Subsidiaries [Member] |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
REVENUES: | 548,453 | 457,002 | 1,650,241 | 1,330,389
COST OF SALES: | 488,511 | 406,935 | 1,468,385 | 1,181,537
GROSS PROFIT | 59,942 | 50,067 | 181,856 | 148,852
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 54,121 | 41,403 | 158,673 | 126,173
DEPRECIATION AND AMORTIZATION EXPENSE | 1,830 | 1,439 | 5,769 | 4,594
ASSET IMPAIRMENTS | 0 | 712 | 423 | 1,253
INCOME FROM OPERATIONS | 3,991 | 6,513 | 16,991 | 16,832
Floorplan interest expense | (1,156) | (722) | (3,309) | (2,607)
Interest Expense, Other | (718) | (1,832) | (2,228) | (5,372)
INCOME BEFORE INCOME TAXES | 2,117 | 3,959 | 11,454 | 8,853
BENEFIT (PROVISION) FOR INCOME TAXES | (601) | (1,342) | (1,209) | (3,814)
EQUITY IN EARNINGS OF SUBSIDIARIES | 0 | 0 | 0 | 0
NET INCOME | 1,516 | 2,617 | 10,245 | 5,039
COMPREHENSIVE LOSS | 3,300 | (36,307) | (10,254) | (56,902)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PARENT | 4,816 | (33,690) | (9) | (51,863)
Consolidation, Eliminations [Member] |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
REVENUES: | 0 | 0 | 0 | 0
COST OF SALES: | 0 | 0 | 0 | 0
GROSS PROFIT | 0 | 0 | 0 | 0
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 0 | 0 | 0 | 0
DEPRECIATION AND AMORTIZATION EXPENSE | 0 | 0 | 0 | 0
ASSET IMPAIRMENTS | 0 | 0 | 0 | 0
INCOME FROM OPERATIONS | 0 | 0 | 0 | 0
Floorplan interest expense | 0 | 0 | 0 | 0
Interest Expense, Other | 0 | 0 | 0 | 0
INCOME BEFORE INCOME TAXES | 0 | 0 | 0 | 0
BENEFIT (PROVISION) FOR INCOME TAXES | 0 | 0 | 0 | 0
EQUITY IN EARNINGS OF SUBSIDIARIES | (35,637) | (45,203) | (117,639) | (127,864)
NET INCOME | (35,637) | (45,203) | (117,639) | (127,864)
COMPREHENSIVE LOSS | 0 | 0 | 0 | 0
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PARENT | $ (35,637) | $ (45,203) | $ (117,639) | $ (127,864)

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