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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES $ 10,851,800 $ 12,043,800 $ 11,601,400
COST OF SALES 9,082,900 10,227,800 9,876,300
GROSS PROFIT 1,769,000 1,816,000 1,725,100
Selling, general and administrative expenses 1,169,300 1,358,400 1,273,100
Depreciation and amortization expense 75,800 71,600 67,100
Asset impairments 37,700 22,200 43,900
INCOME (LOSS) FROM OPERATIONS 486,100 363,700 341,100
INTEREST EXPENSE:      
Floorplan interest expense 39,500 61,600 59,900
Other interest expense, net 62,600 74,900 75,800
(Gain) loss on extinguishment of debt 13,700 0 0
INCOME (LOSS) BEFORE INCOME TAXES 370,300 227,300 205,400
(Benefit) provision for income taxes 83,800 53,300 47,600
NET INCOME (LOSS) $ 286,500 $ 174,000 $ 157,800
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share) $ 15.55 $ 9.35 $ 7.83
Weighted average common shares outstanding (in shares) 17,754,666 17,917,195 19,452,560
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share) $ 15.51 $ 9.34 $ 7.83
Weighted average common shares outstanding (in shares) 17,806,578 17,936,074 19,461,052
New vehicle retail sales      
REVENUES $ 5,580,800 $ 6,314,100 $ 6,181,400
COST OF SALES 5,250,400 6,013,300 5,870,500
Used vehicle retail sales      
REVENUES 3,105,700 3,366,600 3,166,100
COST OF SALES 2,896,900 3,165,300 2,980,100
Used vehicle wholesale sales      
REVENUES 308,100 355,200 369,600
COST OF SALES 297,100 354,100 367,900
Parts and service sales      
REVENUES 1,389,300 1,510,000 1,416,900
COST OF SALES 638,500 695,000 657,700
Finance, insurance and other, net      
REVENUES $ 467,900 $ 497,900 $ 467,500