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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES $ 4,163.4 $ 3,412.8 $ 12,153.1 $ 9,992.3
COST OF SALES 3,410.8 2,774.1 9,907.4 8,222.9
GROSS PROFIT 752.6 638.7 2,245.8 1,769.5
Selling, general and administrative expenses 450.9 376.3 1,329.6 1,056.2
Depreciation and amortization expense 21.8 19.2 65.9 56.8
Asset impairments 0.0 1.7 0.8 1.7
INCOME FROM OPERATIONS 279.9 241.5 849.4 654.7
Floorplan interest expense 6.5 4.3 17.7 20.5
Other interest expense, net 19.6 13.1 55.5 39.8
Other income (3.4) 0.0 (3.4) 0.0
INCOME BEFORE INCOME TAXES 257.2 224.1 779.6 594.4
Provision for income taxes 60.2 51.6 182.1 132.2
Net income from continuing operations 197.1 172.5 597.5 462.2
Net (loss) income from discontinued operations (1.3) (0.4) (2.9) 2.8
NET INCOME $ 195.7 $ 172.1 $ 594.6 $ 465.0
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollars per shares) $ 12.61 $ 9.40 $ 36.55 $ 25.16
Basic earnings per share discontinuing operations (in dollars per shares) (0.09) (0.02) (0.18) 0.15
Basic earnings per share (in dollars per shares) 12.53 9.37 36.38 25.31
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollars per shares) 12.57 9.35 36.43 25.05
Diluted earnings per share discontinuing operations (in dollars per shares) (0.09) (0.02) (0.18) 0.15
Diluted earnings per common share (in dollars per share) $ 12.48 $ 9.33 $ 36.25 $ 25.21
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding, Basic (in shares) 15,189,333 17,753,957 15,886,739 17,753,042
Weighted average common shares outstanding, Diluted (in shares) 15,248,448 17,836,255 15,943,883 17,829,982
New vehicle retail sales        
REVENUES $ 1,883.3 $ 1,513.9 $ 5,479.8 $ 4,828.6
COST OF SALES 1,676.7 1,352.4 4,861.6 4,411.4
Used vehicle retail sales        
REVENUES 1,488.6 1,230.4 4,353.9 3,302.3
COST OF SALES 1,412.6 1,133.3 4,100.6 3,038.6
Used vehicle wholesale sales        
REVENUES 89.6 106.0 278.9 278.0
COST OF SALES 91.1 98.7 276.8 257.9
Parts and service sales        
REVENUES 515.6 416.5 1,491.1 1,152.2
COST OF SALES 230.5 189.7 668.5 515.0
Finance, insurance and other, net        
REVENUES $ 186.3 $ 146.0 $ 549.5 $ 431.3