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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES $ 4,145.4 $ 3,625.6 $ 7,989.7 $ 6,579.6
COST OF SALES 3,377.0 2,976.1 6,496.6 5,448.8
GROSS PROFIT 768.4 649.5 1,493.1 1,130.7
Selling, general and administrative expenses 460.2 368.6 878.6 680.0
Depreciation and amortization expense 23.0 18.4 44.2 37.6
Asset impairments 0.8 0.0 0.8 0.0
INCOME FROM OPERATIONS 284.5 262.5 569.5 413.2
Floorplan interest expense 5.9 8.6 11.2 16.1
Other interest expense, net 18.5 13.6 35.9 26.7
INCOME BEFORE INCOME TAXES 260.1 240.3 522.4 370.3
Provision for income taxes 60.8 51.5 122.0 80.6
Net income from continuing operations 199.3 188.8 400.4 289.7
Net (loss) income from discontinued operations (3.4) 2.2 (1.6) 3.2
NET INCOME $ 195.9 $ 191.0 $ 398.9 $ 292.9
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollars per shares) $ 12.15 $ 10.28 $ 23.96 $ 15.76
Basic earnings per share discontinuing operations (in dollars per shares) (0.21) 0.12 (0.09) 0.17
Basic earnings per share (in dollars per shares) 11.94 10.40 23.87 15.94
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollars per shares) 12.11 10.23 23.88 15.70
Diluted earnings per share discontinuing operations (in dollars per shares) (0.20) 0.12 (0.09) 0.17
Diluted earnings per common share (in dollars per share) $ 11.90 $ 10.35 $ 23.79 $ 15.88
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding, Basic (in shares) 15,956,258 17,747,518 16,241,221 17,752,577
Weighted average common shares outstanding, Diluted (in shares) 16,012,282 17,829,470 16,297,364 17,826,794
New vehicle retail sales        
REVENUES $ 1,851.3 $ 1,805.5 $ 3,596.4 $ 3,314.7
COST OF SALES 1,641.0 1,645.4 3,184.9 3,059.0
Used vehicle retail sales        
REVENUES 1,505.4 1,183.8 2,865.3 2,071.9
COST OF SALES 1,415.9 1,075.6 2,688.0 1,905.3
Used vehicle wholesale sales        
REVENUES 95.8 93.7 189.3 172.0
COST OF SALES 95.1 84.8 185.7 159.3
Parts and service sales        
REVENUES 502.6 382.9 975.5 735.7
COST OF SALES 224.9 170.3 438.0 325.3
Finance, insurance and other, net        
REVENUES $ 190.2 $ 159.6 $ 363.2 $ 285.3