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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES $ 5,221.4 $ 4,705.1 $ 14,388.3 $ 13,393.7
COST OF SALES 4,368.7 3,918.9 12,026.5 11,104.0
GROSS PROFIT 852.7 786.2 2,361.8 2,289.7
Selling, general and administrative expenses 591.6 496.7 1,564.9 1,439.4
Depreciation and amortization expense 29.5 23.1 81.6 68.6
Asset impairments 0.0 4.8 0.0 7.7
INCOME FROM OPERATIONS 231.6 261.6 715.4 773.9
Floorplan interest expense 31.1 16.5 76.3 44.7
Other interest expense, net 39.8 26.5 102.5 72.1
Other expense (income) 1.1 (1.9) 0.7 2.3
INCOME BEFORE INCOME TAXES 159.6 220.5 535.8 654.8
Provision for income taxes 42.5 56.4 133.5 161.6
Net income from continuing operations 117.1 164.1 402.4 493.2
Net income (loss) from discontinued operations 0.2 (0.2) 1.0 (0.3)
NET INCOME $ 117.3 $ 163.9 $ 403.3 $ 492.9
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollars per share) $ 8.73 $ 11.72 $ 29.76 $ 34.93
Basic earnings per share discontinuing operations (in dollars per share) 0.01 (0.02) 0.07 (0.02)
Basic earnings per share (in dollars per share) 8.74 11.70 29.83 34.91
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollar per share) 8.68 11.67 29.61 34.81
Diluted earnings per share discontinuing operations (in dollar per share) 0.01 (0.02) 0.07 (0.02)
Diluted earnings per common share (in dollars per share) $ 8.69 $ 11.65 $ 29.68 $ 34.79
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding, Basic (in shares) 13,139,393 13,661,059 13,231,079 13,765,791
Weighted average common shares outstanding, Diluted (in shares) 13,216,317 13,718,728 13,299,410 13,816,194
New vehicle retail sales        
REVENUES $ 2,567.6 $ 2,264.5 $ 7,114.3 $ 6,463.4
COST OF SALES 2,384.4 2,070.2 6,601.6 5,880.9
Used vehicle retail sales        
REVENUES 1,656.5 1,559.6 4,526.5 4,359.0
COST OF SALES 1,568.5 1,478.2 4,275.7 4,122.2
Used vehicle wholesale sales        
REVENUES 123.2 114.7 333.5 339.2
COST OF SALES 122.8 117.1 335.2 338.6
Parts and service sales        
REVENUES 660.0 566.9 1,810.8 1,677.3
COST OF SALES 293.1 253.4 814.0 762.3
Finance, insurance and other, net        
REVENUES $ 214.1 $ 199.4 $ 603.1 $ 554.8