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Segment Information | 9 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION As of September 30, 2019, the Company had three reportable segments: the U.S., the U.K. and Brazil. The reportable segments are the business activities of the Company for which discrete financial information is available and for which operating results are regularly reviewed by its chief operating decision maker (“CODM”) to allocate resources and assess performance. The Company’s CODM is its Chief Executive Officer. Each of the reportable segments is comprised of retail automotive franchises which sell new and used cars, light duty trucks, arrange related vehicle financing, sell service and insurance contracts, provide automotive maintenance and repair services and sell vehicle parts. The vast majority of the Company’s corporate activities are associated with the operations of the U.S. reportable segment and, therefore, the corporate financial results are included within the U.S. reportable segment. Reportable segment revenues and income (loss) before income taxes were as follows for the three and nine months ended September 30, 2019 and 2018 (in millions):
| Three Months Ended September 30, 2019 |  |  | Nine Months Ended September 30, 2019
| U.S. |  | U.K. |  | Brazil |  | Total |  |  | U.S. |  | U.K. |  | Brazil |  | Total
Total revenues | $ | 2,422.8 |  |  | $ | 584.6 |  |  | $ | 110.9 |  |  | $ | 3,118.3 |  |  |  | $ | 6,764.3 |  |  | $ | 1,841.2 |  |  | $ | 326.9 |  |  | $ | 8,932.4 |
Income (loss) before income taxes (1) | $ | 54.6 |  |  | $ | (7.4 | ) |  | $ | 1.8 |  |  | $ | 49.0 |  |  |  | $ | 164.8 |  |  | $ | (2.7 | ) |  | $ | 2.3 |  |  | $ | 164.4 |
| Three Months Ended September 30, 2018 |  |  | Nine Months Ended September 30, 2018
| U.S. |  | U.K. |  | Brazil |  | Total |  |  | U.S. |  | U.K. |  | Brazil |  | Total
Total revenues | $ | 2,200.2 |  |  | $ | 585.9 |  |  | $ | 103.0 |  |  | $ | 2,889.1 |  |  |  | $ | 6,456.5 |  |  | $ | 1,913.5 |  |  | $ | 322.5 |  |  | $ | 8,692.5 |
Income (loss) before income taxes (2) | $ | 43.4 |  |  | $ | 2.7 |  |  | $ | (1.7 | ) |  | $ | 44.4 |  |  |  | $ | 152.9 |  |  | $ | 14.4 |  |  | $ | (1.6 | ) |  | $ | 165.7 |
(1) Income (loss) before income taxes for the three months ended September 30, 2019 includes $11.9 million in expense related to flood damage from Tropical Storm Imelda in Texas and $3.3 million in asset impairment charges in the U.S. segment and $7.0 million in asset impairment charges in the U.K. segment. Income (loss) before taxes for the nine months ended September 30, 2019 includes $17.8 million in expense related to flood damage from Tropical Storm Imelda and hail storm damages in Texas and $3.3 million in asset impairment charges in the U.S. segment, $7.0 million in asset impairment charges in the U.K. segment and $0.5 million in asset impairment charges in the Brazil segment. (2) Income (loss) before income taxes for the three months ended September 30, 2018 includes $23.2 million in asset impairment charges in the U.S. segment. Income (loss) before taxes for the nine months ended September 30, 2018 includes $5.8 million of expense related to hail storm damages and $27.4 million in asset impairment charges in the U.S. segment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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