XML 61 R44.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Intangible Franchise Rights and Goodwill (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Roll-forward of intangible franchise rights and goodwill accounts | The following is a roll-forward of the Company’s intangible franchise rights and goodwill accounts by reportable segment:
|  | Intangible Franchise Rights
|  | U.S. |  | U.K. |  | Brazil |  | Total
|  | (In thousands)
BALANCE, December 31, 2015 |  | $ | 285,659 |  |  | $ | 7,773 |  |  | $ | 14,156 |  |  | $ | 307,588 |
Additions through acquisitions |  | — |  |  | 12,833 |  |  | — |  |  | 12,833 |
Disposals |  | (5,203 | ) |  | — |  |  | — |  |  | (5,203 | )
Impairments |  | (19,922 | ) |  | — |  |  | (9,901 | ) |  | (29,823 | )
Currency translation |  | — |  |  | (3,269 | ) |  | 2,750 |  |  | (519 | )
BALANCE, December 31, 2016 |  | 260,534 |  |  | 17,337 |  |  | 7,005 |  |  | 284,876 |
Additions through acquisitions |  | 8,035 |  |  | 10,133 |  |  | — |  |  | 18,168 |
Impairments |  | (12,588 | ) |  | — |  |  | (6,744 | ) |  | (19,332 | )
Currency translation |  | — |  |  | 2,013 |  |  | (93 | ) |  | 1,920 |
BALANCE, December 31, 2017 |  | $ | 255,981 |  |  | $ | 29,483 |  |  | $ | 168 |  |  | $ | 285,632 |
The increase in the Company’s intangible franchise rights in 2017 was primarily related to the addition of franchise rights associated with the purchase of 12 dealerships in the U.K. and three dealerships in the U.S. The 2017 additions were partially offset by impairments of $12.6 million and $6.7 million in the U.S. and Brazil, respectively. The decrease in the Company’s intangible franchise rights in 2016 was primarily related to impairments in the U.S. and Brazil of $19.9 million and $9.9 million, respectively, as a result of the Company’s interim and annual impairment assessments. The impairments were partially offset by the addition of franchise rights associated with the purchase of 12 dealerships in the U.K. during the year ended December 31, 2016.
|  | Goodwill
|  | U.S. |  | U.K. |  | Brazil |  | Total
|  | (In thousands)
BALANCE, December 31, 2015 |  | $ | 809,775 |  |  | $ | 35,320 |  |  | $ | 9,820 |  |  | $ | 854,915 |  | (1)
Additions through acquisitions |  | — |  |  | 31,644 |  |  | 1,855 |  |  | 33,499 |  |
Purchase price allocation adjustments |  | 28 |  |  | 1,024 |  |  | — |  |  | 1,052 |  |
Disposals |  | (3,868 | ) |  | — |  |  | (191 | ) |  | (4,059 | ) |
Currency translation |  | — |  |  | (10,934 | ) |  | 2,290 |  |  | (8,644 | ) |
BALANCE, December 31, 2016 |  | 805,935 |  |  | 57,054 |  |  | 13,774 |  |  | 876,763 |  | (1)
Additions through acquisitions |  | 29,332 |  |  | 2,575 |  |  | 95 |  |  | 32,002 |  |
Disposals |  | — |  |  | — |  |  | (933 | ) |  | (933 | ) |
Currency translation |  | — |  |  | 5,405 |  |  | (203 | ) |  | 5,202 |  |
BALANCE, December 31, 2017 |  | $ | 835,267 |  |  | $ | 65,034 |  |  | $ | 12,733 |  |  | $ | 913,034 |  | (1)

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration