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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 33,939 $ 34,291
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,606 12,464
Deferred income taxes 5,503 5,000
ASSET IMPAIRMENTS 0 932
Stock-based compensation 6,074 5,511
Amortization of debt discount and issue costs 912 484
Gain (Loss) on Disposition of Assets (280) (590)
Other (871) 719
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts payable and accrued expenses 9,164 32,180
Accounts and notes receivable 21,508 10,804
Inventories (74,254) (55,737)
Contracts-in-transit and vehicle receivables 56,140 50,262
Prepaid expenses and other assets 3,410 4,476
Floorplan notes payable - manufacturer affiliates (3,126) 15,410
Deferred revenues (164) (131)
Net cash provided by operating activities 71,561 116,075
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid in acquisitions, net of cash received (95) (51,110)
Proceeds from disposition of franchises, property and equipment 2,207 13,871
Purchases of property and equipment, including real estate (46,451) (33,702)
Other 2,459 (106)
Net cash used in investing activities (41,880) (71,047)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on credit facility - Floorplan Line 1,594,371 1,655,942
Repayments on credit facility - Floorplan Line (1,598,291) (1,675,613)
Borrowings on credit facility - acquisition line 15,000 40,000
Repayment on credit facility - acquisition line (15,000) (40,000)
Borrowings on other debt 0 0
Principal payments on other debt (232) (3,258)
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs 0 30,331
Principal payments of long-term debt related to real estate loans (6,831) (5,538)
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans (1,030) (1,243)
Repurchases of common stock, amounts based on settlement date 0 (31,945)
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net 0 (53)
Dividends paid (5,150) (5,148)
Net cash used in financing activities (17,163) (36,525)
Effect of Exchange Rate on Cash and Cash Equivalents 260 841
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,778 9,344
CASH AND CASH EQUIVALENTS, beginning of period 20,992 13,037
CASH AND CASH EQUIVALENTS, end of period 33,770  
SUPPLEMENTAL CASH FLOW INFORMATION:    
Purchases of property and equipment, including real estate, accrued in accounts payable and accrued expenses $ 7,287 $ 22,274