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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total revenues $ 5,505.3 $ 4,470.5
Total cost of sales 4,613.3 3,727.9
GROSS PROFIT 891.9 742.6
Selling, general and administrative expenses 617.3 476.1
Depreciation and amortization expense 29.3 23.8
Asset impairments 0.4 0.0
Restructuring charges 11.1 0.0
INCOME FROM OPERATIONS 233.9 242.6
Floorplan interest expense 26.9 20.5
Other interest expense, net 39.8 29.3
Other income (0.3) (0.5)
INCOME BEFORE INCOME TAXES 167.5 193.3
Provision for income taxes 39.7 45.8
Net income from continuing operations 127.7 147.4
Net income from discontinued operations 0.4 0.5
NET INCOME $ 128.1 $ 147.9
BASIC EARNINGS PER SHARE:    
Basic earnings per share continuing operations (in dollars per share) $ 9.66 $ 10.81
Basic earnings per share discontinued operations (in dollars per share) 0.03 0.04
Basic earnings per share (in dollars per share) 9.69 10.84
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share continuing operations (in dollar per share) 9.64 10.76
Diluted earnings per share discontinued operations (in dollar per share) 0.03 0.04
Diluted earnings per common share (in dollars per share) $ 9.67 $ 10.80
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Weighted average common shares outstanding basic (in shares) 13,059,447 13,328,721
Weighted average common shares outstanding diluted (in shares) 13,083,383 13,388,769
New vehicle retail sales    
Total revenues $ 2,680.0 $ 2,182.6
Total cost of sales 2,490.3 2,023.1
Used vehicle retail sales    
Total revenues 1,755.4 1,416.8
Total cost of sales 1,661.9 1,334.7
Used vehicle wholesale sales    
Total revenues 151.6 106.0
Total cost of sales 150.1 106.9
Parts and service sales    
Total revenues 692.1 576.2
Total cost of sales 311.1 263.2
Finance, insurance and other, net    
Total revenues $ 226.2 $ 188.9