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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 286,500 $ 174,000 $ 157,800
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 75,800 71,600 67,100
Change in operating lease assets 24,000 28,200  
Deferred income taxes (900) 16,200 3,500
Asset impairments 37,700 22,200 43,900
Stock-based compensation 32,300 18,800 18,700
Amortization of debt discount and issue costs 3,200 4,000 3,400
(Gain) loss on disposition of assets (5,800) (5,900) (26,800)
(Gain) loss on extinguishment of debt 13,700 0 0
Other 2,200 1,100 900
Changes in assets and liabilities, net of acquisitions and dispositions:      
Accounts payable and accrued expenses (45,900) 123,100 18,400
Accounts and notes receivable 21,200 (32,500) 2,900
Inventories 416,100 (28,800) (80,600)
Contracts-in-transit and vehicle receivables 43,500 12,700 39,500
Prepaid expenses and other assets 56,900 (44,000) (16,300)
Floorplan notes payable — manufacturer affiliates (132,200) 38,900 38,400
Deferred revenues (500) (500) (800)
Operating lease liabilities (22,300) (28,300)  
Net cash provided by (used in) operating activities 805,400 370,900 270,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid for acquisitions, net of cash received (1,300) (143,200) (135,300)
Proceeds from disposition of franchises, property and equipment 29,800 43,400 107,900
Purchases of property and equipment (103,200) (191,800) (141,000)
Other 0 0 500
Net cash provided by (used in) investing activities (74,700) (291,600) (168,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on credit facility — floorplan line and other 9,998,100 7,304,600 6,954,300
Repayments on credit facility — floorplan line and other (10,374,000) (7,423,200) (6,870,100)
Borrowings on credit facility — acquisition line 284,000 319,000 165,300
Repayments on credit facility — acquisition line (309,500) (281,400) (158,500)
Debt issue costs (9,000) (5,400) 0
Borrowings of senior notes 550,000 0 0
Repayments of senior notes (857,900) 0 0
Borrowings on other debt 271,900 350,900 210,700
Principal payments on other debt (134,000) (314,000) (210,300)
Proceeds from employee stock purchase plan 9,600 8,600 7,600
Payments of tax withholding for stock-based awards (6,200) (4,400) (4,900)
Proceeds from termination of mortgage swap 0    
Repurchases of common stock, amounts based on settlement date (80,200) (1,400) (183,900)
Dividends paid (11,000) (20,300) (20,900)
Net cash provided by (used in) financing activities (668,100) (67,000) (109,500)
Effect of exchange rate changes on cash (3,400) (2,900) (3,300)
Net increase (decrease) in cash, cash equivalents and restricted cash 59,200 9,300 (10,900)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 28,100 18,700 29,600
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period $ 87,300 $ 28,100 $ 18,700