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Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
REVENUES	$ 3,118.3	$ 2,889.1	$ 8,932.4	$ 8,692.5
COST OF SALES	2,652.7	2,454.0	7,581.0	7,399.5
GROSS PROFIT	465.6	435.1	1,351.4	1,293.0
Selling, general and administrative expenses	354.0	316.8	1,020.4	949.2
Depreciation and amortization expense	18.0	16.9	53.0	50.0
Asset impairments	10.3	23.2	10.8	27.4
INCOME (LOSS) FROM OPERATIONS	83.3	78.2	267.2	266.4
INTEREST EXPENSE
Floorplan interest expense	15.4	14.7	47.0	43.3
Other interest expense, net	18.9	19.1	55.8	57.4
INCOME (LOSS) BEFORE INCOME TAXES	49.0	44.4	164.4	165.7
(Benefit) provision for income taxes	11.0	9.6	38.5	38.6
NET INCOME (LOSS)	$ 38.0	$ 34.8	$ 125.9	$ 127.1
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share)	$ 2.04	$ 1.74	$ 6.78	$ 6.18
Weighted average common shares outstanding (in shares)	17,961,555	19,252,948	17,889,572	19,858,643
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share)	$ 2.04	$ 1.74	$ 6.77	$ 6.18
Weighted average dilutive common shares outstanding (in shares)	17,978,700	19,261,070	17,907,550	19,867,519
New vehicle retail sales
REVENUES	$ 1,652.2	$ 1,539.5	$ 4,632.2	$ 4,608.7
COST OF SALES	1,577.0	1,461.9	4,415.7	4,379.1
Used vehicle retail sales
REVENUES	869.7	792.4	2,527.8	2,394.8
COST OF SALES	815.5	742.3	2,372.5	2,250.0
Used vehicle wholesale sales
REVENUES	85.3	86.6	273.4	283.4
COST OF SALES	84.9	86.9	272.7	281.8
Parts and service sales
REVENUES	383.5	354.5	1,130.8	1,062.1
COST OF SALES	175.3	162.9	520.1	488.6
Finance, insurance and other, net
REVENUES	$ 127.6	$ 116.1	$ 368.2	$ 343.5

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Interest expense incurred on borrowings under the floorplan line of the credit facility and arrangements with vehicle manufacturer affiliates for the financing of specific new, used and rental vehicle inventory. Interest expense also includes the net impact of interest rate swap settlements during the period, which are designed to hedge exposure to variable interest rates.

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