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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
As of March 31, 2021 and 2020, the Company had three reportable segments: the U.S., U.K. and Brazil. The U.S. and Brazil segments are led by the President, U.S. and Brazilian Operations, and the U.K. segment is led by an Operations Director, each reporting directly to the Company's Chief Executive Officer, who is the CODM. The President, U.S. and Brazilian Operations, and the U.K. Operations Director are responsible for the overall performance of their respective regions, as well as for overseeing field level management. Each region engages in business activities and their respective operating results are regularly reviewed by the CODM to make decisions about resources to be allocated to the region and to assess performance. Each segment is comprised of retail automotive franchises that sell new and used cars and light trucks; arrange related vehicle financing; sell service and insurance contracts; provide automotive maintenance and repair services; and sell vehicle parts.
Selected reportable segment data is as follows for the three months ended March 31, 2021 and 2020 (in millions):
Three Months Ended March 31, 2021
U.S.U.K.BrazilTotal
Total revenues$2,404.3 $549.6 $56.1 $3,010.0 
Income (loss) before income taxes (1)
$121.6 $8.4 $1.4 $131.4 
Three Months Ended March 31, 2020
U.S.U.K.BrazilTotal
Total revenues $2,007.6 $590.7 $92.5 $2,690.8 
Income (loss) before income taxes (2)
$42.2 $(2.7)$(0.6)$38.9 
(1) For the three months ended March 31, 2021, income (loss) before income taxes includes the following: in the U.S. segment, $2.2 million in expenses related to a winter storm, $1.0 million net gain on legal matters and $0.9 million net gain on dealership and real estate transactions; and in the U.K. segment, $0.6 million net loss on dealership and real estate transactions.
(2) For the three months ended March 31, 2020, income (loss) before income taxes includes a $0.9 million severance expense in the Brazil segment.