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Revenue | 3 Months Ended
--- | ---
Mar. 31, 2019
Revenue from Contract with Customer [Abstract] |
REVENUE | REVENUE The Company’s material revenue streams are the sale of new and used vehicles; arrangement of associated vehicle financing and the sale of service and other insurance contracts; the performance of vehicle maintenance and repair services (including collision restoration); and the sale of vehicle parts. The following table presents the Company’s revenues disaggregated by revenue source (in thousands):
|  | Three Months Ended March 31,
|  | 2019 |  | 2018
REVENUES: |  |  |  |
New vehicle retail sales |  | $ | 1,414,485 |  |  | $ | 1,513,590 |
Used vehicle retail sales |  | 819,203 |  |  | 780,570 |
Used vehicle wholesale sales |  | 92,138 |  |  | 104,029 |
Total new and used vehicle sales |  | 2,325,826 |  |  | 2,398,189 |
Vehicle parts sales |  | 86,661 |  |  | 85,196 |
Maintenance and repair sales |  | 282,513 |  |  | 264,319 |
Total parts and service sales |  | 369,174 |  |  | 349,515 |
Finance, insurance and other, net |  | 113,376 |  |  | 112,322 |
Total revenues |  | $ | 2,808,376 |  |  | $ | 2,860,026 |
The following tables present the Company’s revenues disaggregated by its geographical segments (in thousands):
|  | Three Months Ended March 31, 2019
|  | U.S. |  | U.K. |  | Brazil |  | Total
REVENUES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 1,031,742 |  |  | $ | 318,571 |  |  | $ | 64,172 |  |  | $ | 1,414,485 |
Used vehicle retail sales |  | 594,418 |  |  | 203,561 |  |  | 21,224 |  |  | 819,203 |
Used vehicle wholesale sales |  | 42,827 |  |  | 45,261 |  |  | 4,050 |  |  | 92,138 |
Total new and used vehicle sales |  | 1,668,987 |  |  | 567,393 |  |  | 89,446 |  |  | 2,325,826 |
Vehicle parts sales |  | 74,478 |  |  | 10,602 |  |  | 1,581 |  |  | 86,661 |
Maintenance and repair sales |  | 223,124 |  |  | 48,964 |  |  | 10,425 |  |  | 282,513 |
Total parts and service sales |  | 297,602 |  |  | 59,566 |  |  | 12,006 |  |  | 369,174 |
Finance, insurance and other, net |  | 96,193 |  |  | 15,199 |  |  | 1,984 |  |  | 113,376 |
Total revenues |  | $ | 2,062,782 |  |  | $ | 642,158 |  |  | $ | 103,436 |  |  | $ | 2,808,376 |
|  | Three Months Ended March 31, 2018
|  | U.S. |  | U.K. |  | Brazil |  | Total
REVENUES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 1,089,953 |  |  | $ | 354,404 |  |  | $ | 69,233 |  |  | $ | 1,513,590 |
Used vehicle retail sales |  | 563,830 |  |  | 192,549 |  |  | 24,191 |  |  | 780,570 |
Used vehicle wholesale sales |  | 54,002 |  |  | 46,185 |  |  | 3,842 |  |  | 104,029 |
Total new and used vehicle sales |  | 1,707,785 |  |  | 593,138 |  |  | 97,266 |  |  | 2,398,189 |
Vehicle parts sales |  | 74,355 |  |  | 9,515 |  |  | 1,326 |  |  | 85,196 |
Maintenance and repair sales |  | 210,159 |  |  | 43,626 |  |  | 10,534 |  |  | 264,319 |
Total parts and service sales |  | 284,514 |  |  | 53,141 |  |  | 11,860 |  |  | 349,515 |
Finance, insurance and other, net |  | 96,187 |  |  | 14,263 |  |  | 1,872 |  |  | 112,322 |
Total revenues |  | $ | 2,088,486 |  |  | $ | 660,542 |  |  | $ | 110,998 |  |  | $ | 2,860,026 |
Contract assets associated with revenue from the arrangement of financing and sale of service and insurance contracts totaled $14.7 million and $14.6 million as of March 31, 2019 and December 31, 2018, respectively, and are reflected in Prepaid expenses and other current assets within the Consolidated Balance Sheets.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
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