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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES $ 3,509.2 $ 3,039.6 $ 10,219.7 $ 7,861.7
COST OF SALES 2,856.0 2,527.7 8,414.5 6,574.4
GROSS PROFIT 653.2 512.0 1,805.1 1,287.2
Selling, general and administrative expenses 385.1 305.8 1,080.3 870.9
Depreciation and amortization expense 19.6 19.1 57.9 56.5
Asset impairments 1.7 0.0 1.7 23.8
INCOME FROM OPERATIONS 246.8 187.1 665.3 336.0
Floorplan interest expense 4.8 8.1 21.2 31.1
Other interest expense, net 13.2 14.6 40.7 49.0
Loss on extinguishment of debt 3.8 3.3 3.8 13.7
INCOME BEFORE INCOME TAXES 225.0 161.0 599.6 242.2
Provision for income taxes 52.9 34.6 134.6 55.8
NET INCOME $ 172.1 $ 126.4 $ 465.0 $ 186.4
BASIC EARNINGS PER SHARE (in dollars per share) $ 9.37 $ 6.86 $ 25.31 $ 10.11
Weighted average common shares outstanding (in shares) 17,753,957 17,776,888 17,753,042 17,770,619
DILUTED EARNINGS PER SHARE (in dollars per share) $ 9.33 $ 6.83 $ 25.21 $ 10.08
Weighted average dilutive common shares outstanding (in shares) 17,836,255 17,835,549 17,829,982 17,818,538
New vehicle retail sales        
REVENUES $ 1,576.2 $ 1,580.7 $ 4,974.9 $ 3,985.5
COST OF SALES 1,408.5 1,481.5 4,542.9 3,759.7
Used vehicle retail sales        
REVENUES 1,248.3 867.2 3,342.7 2,287.4
COST OF SALES 1,149.8 796.1 3,075.5 2,127.9
Used vehicle wholesale sales        
REVENUES 109.4 86.7 286.0 221.9
COST OF SALES 101.8 80.7 265.3 212.9
Parts and service sales        
REVENUES 427.6 375.6 1,180.4 1,028.2
COST OF SALES 195.9 169.4 530.9 473.9
Finance, insurance and other, net        
REVENUES $ 147.7 $ 129.5 $ 435.7 $ 338.7