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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 87,873 $ 92,277
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation and amortization 34,861 32,980
Change in operating lease assets 14,404 0
Deferred income taxes 5,138 5,591
Asset impairments 537 4,268
Stock-based compensation 10,003 9,891
Amortization of debt discount and issue costs 2,063 1,526
(Gain) loss on disposition of assets (5,985) (20,686)
Other 503 65
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts payable and accrued expenses 77,347 26,121
Accounts and notes receivable 4,600 21,185
Inventories 31,688 47,272
Contracts-in-transit and vehicle receivables 12,428 56,725
Prepaid expenses and other assets (16,500) (9,842)
Floorplan notes payable - manufacturer affiliates 8,839 (3,535)
Deferred revenues (302) (732)
Operating lease liabilities (14,549) 0
Net cash provided by (used in) operating activities 252,948 263,106
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for acquisitions, net of cash received 0 (74,865)
Proceeds from disposition of franchises, property and equipment 37,938 75,923
Purchases of property and equipment, including real estate (109,238) (88,230)
Other (305) (655)
Net cash provided by (used in) investing activities (71,605) (87,827)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings on credit facility - floorplan line and other 3,306,530 3,323,798
Repayments on credit facility - floorplan line and other (3,425,359) (3,461,494)
Borrowings on credit facility - acquisition line 124,159 98,596
Repayments on credit facility - acquisition line (117,934) (84,884)
Debt issue costs (3,056)  
Borrowings on other debt 76,868 111,142
Principal payments on other debt (90,187) (75,784)
Borrowings on debt related to real estate, net of debt issue costs 33,184 54,711
Principal payments on debt related to real estate (53,287) (63,368)
Employee stock purchase plan purchases, net of employee tax withholdings 1,005 11
Proceeds from termination of mortgage swap 0 918
Repurchases of common stock, amounts based on settlement date 0 (51,276)
Dividends paid (9,691) (10,836)
Net cash provided by (used in) financing activities (157,768) (158,466)
Effect of exchange rate changes on cash (755) (2,812)
Net increase (decrease) in cash, cash equivalents and restricted cash 22,820 14,001
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period 18,720 29,631
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period $ 41,540 $ 43,632