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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES $ 4,705.1 $ 4,163.4 $ 13,393.7 $ 12,153.1
COST OF SALES 3,918.9 3,410.8 11,104.0 9,907.4
GROSS PROFIT 786.2 752.6 2,289.7 2,245.8
Selling, general and administrative expenses 496.7 450.9 1,439.4 1,329.6
Depreciation and amortization expense 23.1 21.8 68.6 65.9
Asset impairments 4.8 0.0 7.7 0.8
INCOME FROM OPERATIONS 261.6 279.9 773.9 849.4
Floorplan interest expense 16.5 6.5 44.7 17.7
Other interest expense, net 26.5 19.6 72.1 55.5
Other (income) expense, net (1.9) (3.4) 2.3 (3.4)
INCOME BEFORE INCOME TAXES 220.5 257.2 654.8 779.6
Provision for income taxes 56.4 60.2 161.6 182.1
Net income from continuing operations 164.1 197.1 493.2 597.5
Net loss from discontinued operations (0.2) (1.3) (0.3) (2.9)
NET INCOME $ 163.9 $ 195.7 $ 492.9 $ 594.6
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollar per shares) $ 11.72 $ 12.61 $ 34.93 $ 36.55
Basic earnings per share discontinuing operations (in dollar per shares) (0.02) (0.09) (0.02) (0.18)
Basic earnings per share (in dollar per shares) 11.70 12.53 34.91 36.38
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollar per shares) 11.67 12.57 34.81 36.43
Diluted earnings per share discontinuing operations (in dollar per shares) (0.02) (0.09) (0.02) (0.18)
Diluted earnings per common share (in dollar per share) $ 11.65 $ 12.48 $ 34.79 $ 36.25
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding, Basic (in shares) 13,661,059 15,189,333 13,765,791 15,886,739
Weighted average common shares outstanding, Diluted (in shares) 13,718,728 15,248,448 13,816,194 15,943,883
New vehicle retail sales        
REVENUES $ 2,264.5 $ 1,883.3 $ 6,463.4 $ 5,479.8
COST OF SALES 2,070.2 1,676.7 5,880.9 4,861.6
Used vehicle retail sales        
REVENUES 1,559.6 1,488.6 4,359.0 4,353.9
COST OF SALES 1,478.2 1,412.6 4,122.2 4,100.6
Used vehicle wholesale sales        
REVENUES 114.7 89.6 339.2 278.9
COST OF SALES 117.1 91.1 338.6 276.8
Parts and service sales        
REVENUES 566.9 515.6 1,677.3 1,491.1
COST OF SALES 253.4 230.5 762.3 668.5
Finance, insurance and other, net        
REVENUES $ 199.4 $ 186.3 $ 554.8 $ 549.5