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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The Company conducts business in three reportable segments: the U.S., the U.K. and Brazil. The Company defines its segments as those operations whose results the Company’s Chief Executive Officer, who is the chief operating decision maker, regularly reviews to analyze performance and allocate resources. 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 and nine months ended September 30, 2021 and 2020 (in millions):
| Three Months Ended September 30, 2021 |  |  | Nine Months Ended September 30, 2021
| U.S. |  | U.K. |  | Brazil |  | Total |  |  | U.S. |  | U.K. |  | Brazil |  | Total
Total revenues | $ | 2,662.4 |  |  | $ | 750.4 |  |  | $ | 96.4 |  |  | $ | 3,509.2 |  |  |  | $ | 7,991.6 |  |  | $ | 2,000.7 |  |  | $ | 227.3 |  |  | $ | 10,219.7 |
Income before income taxes (1) | $ | 195.5 |  |  | $ | 28.7 |  |  | $ | 0.9 |  |  | $ | 225.0 |  |  |  | $ | 532.1 |  |  | $ | 62.3 |  |  | $ | 5.2 |  |  | $ | 599.6 |
| Three Months Ended September 30, 2020 |  |  | Nine Months Ended September 30, 2020
| U.S. |  | U.K. |  | Brazil |  | Total |  |  | U.S. |  | U.K. |  | Brazil |  | Total
Total revenues | $ | 2,244.6 |  |  | $ | 740.8 |  |  | $ | 54.3 |  |  | $ | 3,039.6 |  |  |  | $ | 6,083.3 |  |  | $ | 1,595.0 |  |  | $ | 183.4 |  |  | $ | 7,861.7 |
Income (loss) before income taxes (2) | $ | 132.9 |  |  | $ | 27.1 |  |  | $ | 1.0 |  |  | $ | 161.0 |  |  |  | $ | 249.8 |  |  | $ | 4.7 |  |  | $ | (12.4) |  |  | $ | 242.2 |
(1) For the three months ended September 30, 2021, income before income taxes includes the following: in the U.S. segment, $3.8 million in acquisition costs, a $3.7 million gain from favorable legal settlements, $1.7 million in asset impairments, a $0.9 million non-cash gain associated with certain interest rate swaps and $0.6 million in expenses related to Hurricane Ida; in the U.K. segment, $0.6 million in acquisition costs; and in the Brazil segment, a $3.8 million loss on debt extinguishment. For the nine months ended September 30, 2021, income before income taxes includes the following: in the U.S. segment, a $4.7 million gain from favorable legal settlements, $3.8 million in acquisition costs, $2.8 million in expenses related to a winter storm and Hurricane Ida, $1.7 million in asset impairments, a $1.7 million net gain on dealership and real estate transactions and a $1.4 million non-cash loss associated with certain interest rate swaps; in the U.K. segment, a $0.6 million net loss on dealership and real estate transactions and $0.6 million in acquisitions costs; and in the Brazil segment, a $3.8 million loss on debt extinguishment. (2) For the three months ended September 30, 2020, income (loss) before income taxes includes a $3.3 million loss on debt extinguishment in the U.S. segment. For the nine months ended September 30, 2020, income (loss) before income taxes includes the following: in the U.S. segment, a $13.7 million lo ss on debt extinguishment an d $10.6 million i n stock-based compensation expense related to an out-of-period adjustment; in the U.K. segment, $12.8 million in asset impairments and $1.2 million in severance expense; and in the Brazil segment, $11.1 million in asset impairments and $0.9 million in severance expense.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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