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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES $ 4,696.4 $ 4,558.5 $ 9,166.9 $ 8,688.5
COST OF SALES 3,929.8 3,783.0 7,657.7 7,185.1
GROSS PROFIT 766.5 775.5 1,509.1 1,503.4
Selling, general and administrative expenses 497.2 479.9 973.3 942.7
Depreciation and amortization expense 28.2 23.1 52.0 45.5
Asset impairments 0.0 1.8 0.0 2.9
INCOME FROM OPERATIONS 241.1 270.8 483.8 512.3
Floorplan interest expense 24.7 15.6 45.2 28.2
Other interest expense, net 33.4 25.9 62.7 45.6
Other expense (income) 0.1 1.3 (0.4) 4.2
INCOME BEFORE INCOME TAXES 183.0 227.9 376.3 434.3
Provision for income taxes 45.2 57.6 91.0 105.2
Net income from continuing operations 137.9 170.3 285.3 329.1
Net income (loss) from discontinued operations 0.3 0.2 0.8 (0.1)
NET INCOME $ 138.2 $ 170.5 $ 286.1 $ 329.0
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollars per shares) $ 10.20 $ 12.06 $ 21.01 $ 23.22
Basic earnings per share discontinuing operations (in dollars per shares) 0.02 0.02 0.06 (0.01)
Basic earnings per share (in dollars per shares) 10.22 12.08 21.07 23.21
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollar per shares) 10.15 12.02 20.91 23.14
Diluted earnings per share discontinuing operations (in dollar per shares) 0.02 0.02 0.06 (0.01)
Diluted earnings per common share (in dollars per share) $ 10.17 $ 12.04 $ 20.97 $ 23.13
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding, Basic (in shares) 13,226,129 13,777,225 13,277,425 13,819,024
Weighted average common shares outstanding, Diluted (in shares) 13,294,056 13,817,283 13,341,412 13,865,736
New vehicle retail sales        
REVENUES $ 2,364.2 $ 2,243.2 $ 4,546.8 $ 4,198.9
COST OF SALES 2,194.1 2,041.7 4,217.2 3,810.7
Used vehicle retail sales        
REVENUES 1,453.2 1,450.6 2,870.0 2,799.5
COST OF SALES 1,372.6 1,371.8 2,707.2 2,644.0
Used vehicle wholesale sales        
REVENUES 104.3 112.5 210.3 224.4
COST OF SALES 105.4 111.6 212.4 221.6
Parts and service sales        
REVENUES 574.5 562.0 1,150.8 1,110.3
COST OF SALES 257.7 257.9 520.9 508.9
Finance, insurance and other, net        
REVENUES $ 200.1 $ 190.3 $ 389.0 $ 355.4