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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES $ 11,601,358 $ 11,123,721 $ 10,887,612
COST OF SALES 9,876,265 9,478,212 9,292,543
GROSS PROFIT 1,725,093 1,645,509 1,595,069
Selling, general and administrative expenses 1,273,057 1,226,195 1,170,763
Depreciation and amortization expense 67,070 57,936 51,234
Asset impairments 43,883 19,506 32,838
INCOME (LOSS) FROM OPERATIONS 341,083 341,872 340,234
OTHER INCOME (EXPENSE):      
Floorplan interest expense (59,882) (52,372) (44,927)
Other interest expense, net (75,798) (70,497) (67,936)
INCOME (LOSS) BEFORE INCOME TAXES 205,403 219,003 227,371
Benefit (provision) for income taxes (47,631) (5,561) (80,306)
NET INCOME (LOSS) $ 157,772 $ 213,442 $ 147,065
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share) $ 7.83 $ 10.08 $ 6.67
Weighted average common shares outstanding (in shares) 19,453 20,420 21,161
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share) $ 7.83 $ 10.08 $ 6.67
Weighted average common shares outstanding (in shares) 19,461 20,425 21,170
CASH DIVIDENDS PER COMMON SHARE (in dollars per share) $ 1.04 $ 0.97 $ 0.91
New vehicle retail sales      
REVENUES $ 6,181,371 $ 6,157,531 $ 6,046,075
COST OF SALES 5,870,502 5,835,526 5,729,697
Used vehicle retail sales      
REVENUES 3,166,070 2,798,986 2,757,713
COST OF SALES 2,980,142 2,621,431 2,575,234
Used vehicle wholesale sales      
REVENUES 369,575 400,170 401,863
COST OF SALES 367,880 402,912 406,305
Parts and service sales      
REVENUES 1,416,889 1,338,032 1,261,307
COST OF SALES 657,741 618,343 581,307
Finance, insurance and other, net      
REVENUES $ 467,453 $ 429,002 $ 420,654