XML 104 R89.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Financial Information Condensed Consolidated Cash Flow (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities $ 384,857 $ 141,047 $ 198,288  
Cash paid in acquisitions, net of cash received (57,327) (212,252) (336,551)  
Proceeds from disposition of franchises, property and equipment 36,843 41,581 144,597  
Purchases of property and equipment, including real estate (156,521) (120,252) (150,392)  
Payments for (Proceeds from) Other Investing Activities 2,965 6,421 (4,705)  
Net Cash Provided by (Used in) Investing Activities (174,040) (284,502) (347,051)  
Borrowings on credit facility - floorplan line and other 6,597,406 7,557,237 7,832,014  
Repayments On Credit Facility Floorplan Line (6,676,161) (7,504,516) (7,802,719)  
Borrowings on Credit Facility Acquisition Line 220,020 489,548 389,368  
Repayments on Credit Facility Acquisition Line (220,020) (557,696) (379,681)  
Net borrowings on 5.00% Senior Unsecured Notes 0 0 539,600  
Net borrowings on 5.25% Senior Unsecured Notes 0 296,250 0  
Payments of Debt Issuance Costs (3,513) (788) (1,881)  
Repayments of 3.00% Convertible Notes 0 0 (260,074)  
Proceeds from call options and warrants related to 3.00% Notes 0 0 32,697  
Repayments of 2.25% Convertible Notes 0 0 (182,756)  
Proceeds from Issuance of Other Long-term Debt 49,972 59,855 91,137  
Repayments of Other Long-term Debt (45,928) (63,769) (85,905)  
Borrowings Of Long Term Debt Related To Real Estate Loans 42,654 32,026 112,179  
Principal Payments Of Long Term Debt Related To Real Estate Loans (25,463) (72,079) (59,950)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 3,868 214 (321)  
Repurchases of common stock, amounts based on settlement date (127,606) (97,473) (36,802)  
Tax effect from excess stock-based compensation (249) 2,142 1,841  
Dividends paid (19,987) (19,942) (17,097)  
Borrowings (repayments) with subsidiaries 0 0 0  
Change in investment in subsidiaries 0 0 0  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries     0  
Net cash provided by (used in) financing activities (205,007) 121,009 171,650  
Effect of Exchange Rate on Cash and Cash Equivalents 2,145 (5,492) (2,127)  
Cash and Cash Equivalents, Period Increase (Decrease) 7,955 (27,938) 20,760  
Cash and Cash Equivalents, at Carrying Value 20,992 13,037 40,975 $ 20,215
Non-Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities (760) (2,662) (36,621)  
Cash paid in acquisitions, net of cash received (57,327) 0 (30,187)  
Proceeds from disposition of franchises, property and equipment 1,526 748 3,450  
Purchases of property and equipment, including real estate (18,258) (23,243) (9,985)  
Payments for (Proceeds from) Other Investing Activities 217 0 0  
Net Cash Provided by (Used in) Investing Activities (73,842) (22,495) (36,722)  
Borrowings on credit facility - floorplan line and other 0 0 0  
Repayments On Credit Facility Floorplan Line 0 0 0  
Borrowings on Credit Facility Acquisition Line 0 0 0  
Repayments on Credit Facility Acquisition Line 0 0 0  
Net borrowings on 5.00% Senior Unsecured Notes     0  
Net borrowings on 5.25% Senior Unsecured Notes   0    
Payments of Debt Issuance Costs 0 0 0  
Repayments of 3.00% Convertible Notes     0  
Proceeds from call options and warrants related to 3.00% Notes     0  
Repayments of 2.25% Convertible Notes     0  
Proceeds from Issuance of Other Long-term Debt 49,972 59,404 91,137  
Repayments of Other Long-term Debt (45,005) (62,383) (85,905)  
Borrowings Of Long Term Debt Related To Real Estate Loans 0 22,430 25,457  
Principal Payments Of Long Term Debt Related To Real Estate Loans (5,154) (3,845) (16,890)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0 0  
Repurchases of common stock, amounts based on settlement date 0 0 0  
Tax effect from excess stock-based compensation 0 0 0  
Dividends paid 0 0 0  
Borrowings (repayments) with subsidiaries 7,737 (9,045) 63,625  
Change in investment in subsidiaries 71,161 15,191 (148)  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries     (2,119)  
Net cash provided by (used in) financing activities 78,711 21,752 75,157  
Effect of Exchange Rate on Cash and Cash Equivalents 2,145 (5,492) (2,127)  
Cash and Cash Equivalents, Period Increase (Decrease) 6,254 (8,897) (313)  
Cash and Cash Equivalents, at Carrying Value 12,953 6,699 15,596 15,909
Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 238,552 49,710 235,236  
Cash paid in acquisitions, net of cash received 0 (212,252) (306,364)  
Proceeds from disposition of franchises, property and equipment 35,317 40,833 141,147  
Purchases of property and equipment, including real estate (138,263) (97,009) (140,407)  
Payments for (Proceeds from) Other Investing Activities 2,748 6,421 (4,705)  
Net Cash Provided by (Used in) Investing Activities (100,198) (262,007) (310,329)  
Borrowings on credit facility - floorplan line and other 6,597,406 7,557,237 7,832,014  
Repayments On Credit Facility Floorplan Line (6,676,161) (7,504,516) (7,802,719)  
Borrowings on Credit Facility Acquisition Line 0 0 0  
Repayments on Credit Facility Acquisition Line 0 0 0  
Net borrowings on 5.00% Senior Unsecured Notes     0  
Net borrowings on 5.25% Senior Unsecured Notes   0    
Payments of Debt Issuance Costs (516) (788) 0  
Repayments of 3.00% Convertible Notes     0  
Proceeds from call options and warrants related to 3.00% Notes     0  
Repayments of 2.25% Convertible Notes     0  
Proceeds from Issuance of Other Long-term Debt 0 451 0  
Repayments of Other Long-term Debt (923) (1,386) 0  
Borrowings Of Long Term Debt Related To Real Estate Loans 42,654 9,596 86,722  
Principal Payments Of Long Term Debt Related To Real Estate Loans (20,309) (68,234) (43,060)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0 0  
Repurchases of common stock, amounts based on settlement date 0 0 0  
Tax effect from excess stock-based compensation 0 2,142 1,841  
Dividends paid 0 0 0  
Borrowings (repayments) with subsidiaries (406,888) (211,236) (141,824)  
Change in investment in subsidiaries 328,084 409,990 161,073  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries     2,119  
Net cash provided by (used in) financing activities (136,653) 193,256 96,166  
Effect of Exchange Rate on Cash and Cash Equivalents 0 0 0  
Cash and Cash Equivalents, Period Increase (Decrease) 1,701 (19,041) 21,073  
Cash and Cash Equivalents, at Carrying Value 8,039 6,338 25,379 4,306
Parent Company [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 147,065 93,999 (327)  
Cash paid in acquisitions, net of cash received 0 0 0  
Proceeds from disposition of franchises, property and equipment 0 0 0  
Purchases of property and equipment, including real estate 0 0 0  
Payments for (Proceeds from) Other Investing Activities 0 0 0  
Net Cash Provided by (Used in) Investing Activities 0 0 0  
Borrowings on credit facility - floorplan line and other 0 0 0  
Repayments On Credit Facility Floorplan Line 0 0 0  
Borrowings on Credit Facility Acquisition Line 220,020 489,548 389,368  
Repayments on Credit Facility Acquisition Line (220,020) (557,696) (379,681)  
Net borrowings on 5.00% Senior Unsecured Notes     539,600  
Net borrowings on 5.25% Senior Unsecured Notes   296,250    
Payments of Debt Issuance Costs (2,997) 0 (1,881)  
Repayments of 3.00% Convertible Notes     (260,074)  
Proceeds from call options and warrants related to 3.00% Notes     32,697  
Repayments of 2.25% Convertible Notes     (182,756)  
Proceeds from Issuance of Other Long-term Debt 0 0 0  
Repayments of Other Long-term Debt 0 0 0  
Borrowings Of Long Term Debt Related To Real Estate Loans 0 0 0  
Principal Payments Of Long Term Debt Related To Real Estate Loans 0 0 0  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 3,868 214 (321)  
Repurchases of common stock, amounts based on settlement date (127,606) (97,473) (36,802)  
Tax effect from excess stock-based compensation (249) 0 0  
Dividends paid (19,987) (19,942) (17,097)  
Borrowings (repayments) with subsidiaries 399,151 220,281 78,199  
Change in investment in subsidiaries (399,245) (425,181) (160,925)  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries     0  
Net cash provided by (used in) financing activities (147,065) (93,999) 327  
Effect of Exchange Rate on Cash and Cash Equivalents 0 0 0  
Cash and Cash Equivalents, Period Increase (Decrease) 0 0 0  
Cash and Cash Equivalents, at Carrying Value $ 0 $ 0 $ 0 $ 0