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Segment Information Segment Information
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
As of June 30, 2017, the Company had three reportable segments: (1) the U.S., (2) the U.K., and (3) Brazil. Each of the reportable segments is comprised of retail automotive franchises, which sell new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts. The vast majority of the Company's corporate activities are associated with the operations of the U.S. operating segment and therefore the corporate financial results are included within the U.S. reportable segment.
Reportable segment revenue, income (loss) before income taxes, (provision) benefit for income taxes and net income (loss) were as follows for the three and six months ended June 30, 2017 and 2016:
 
Three Months Ended June 30, 2017
 
 
Six Months Ended June 30, 2017
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
 
 
(In thousands)
Total revenues
$
2,123,690

 
$
437,103

 
$
111,402

 
$
2,672,195

 
 
$
4,091,409

 
$
887,430

 
$
212,185

 
$
5,191,024

Income before income taxes
56,069

 
4,929

 
692

 
61,690

 
 
101,675

 
10,310

 
901

 
112,886

Provision for income taxes
(21,696
)
 
(806
)
 
(55
)
 
(22,557
)
 
 
(38,043
)
 
(1,676
)
 
(95
)
 
(39,814
)
Net income (1)
34,373

 
4,123

 
637

 
39,133

 
 
63,632

 
8,634

 
806

 
73,072

(1) Includes an after tax gain on a legal settlement with an Original Equipment Manufacturer partner of $1.1 million, in the U.S, for the six months ended June 30, 2017.
 
Three Months Ended June 30, 2016
 
 
Six Months Ended June 30, 2016
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
 
 
(In thousands)
Total revenues
$
2,207,381

 
$
467,792

 
$
107,276

 
$
2,782,449

 
 
$
4,289,014

 
$
899,688

 
$
202,102

 
$
5,390,804

Income (loss) before income taxes
61,784

 
7,929

 
(651
)
 
69,062

 
 
111,989

 
13,449

 
(2,274
)
 
123,164

(Provision) benefit for income taxes
(22,854
)
 
(1,586
)
 
1,958

 
(22,482
)
 
 
(41,685
)
 
(2,756
)
 
2,148

 
(42,293
)
Net income (loss) (1)
38,930

 
6,343

 
1,307

 
46,580

 
 
70,304

 
10,693

 
(126
)
 
80,871

(1) Includes the following, after tax: loss due to catastrophic events of $1.7 million and $3.4 million for the three and six months ended June 30, 2016, respectively, in the U.S.; and foreign deferred income tax benefit of $1.7 million for the three and six months ended June 30, 2016 in Brazil.
Reportable segment total assets as of June 30, 2017 and December 31, 2016, were as follows:
 
As of June 30, 2017
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
Total assets
$
3,942,349

 
$
577,543

 
$
124,693

 
$
4,644,585


 
As of December 31, 2016
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
Total assets
$
3,855,701

 
$
482,937

 
$
123,265

 
$
4,461,903