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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenues $ 5,782.7 $ 5,221.4 $ 16,991.5 $ 14,388.3
Total cost of sales 4,863.0 4,368.7 14,244.1 12,026.5
GROSS PROFIT 919.7 852.7 2,747.4 2,361.8
Selling, general and administrative expenses 654.9 591.6 1,918.2 1,564.9
Depreciation and amortization expense 31.6 29.5 89.6 81.6
Asset impairments 123.9 0.0 124.6 0.0
Restructuring charges 1.6 0.0 20.3 0.0
INCOME FROM OPERATIONS 107.8 231.6 594.7 715.4
Floorplan interest expense 23.7 31.1 77.0 76.3
Other interest expense, net 48.0 39.8 130.4 102.5
Other expense (income) 0.0 1.1 (0.2) 0.7
INCOME BEFORE INCOME TAXES 36.2 159.6 387.5 535.8
Provision for income taxes 23.0 42.5 106.8 133.5
Net income from continuing operations 13.1 117.1 280.7 402.4
Net (loss) income from discontinued operations (0.2) 0.2 0.9 1.0
NET INCOME $ 13.0 $ 117.3 $ 281.6 $ 403.3
BASIC EARNINGS PER SHARE:        
Basic earnings per share continuing operations (in dollars per share) $ 1.02 $ 8.73 $ 21.55 $ 29.76
Basic earnings per share discontinued operations (in dollars per share) (0.01) 0.01 0.07 0.07
Basic earnings per share (in dollars per share) 1.00 8.74 21.61 29.83
DILUTED EARNINGS PER SHARE:        
Diluted earnings per share continuing operations (in dollar per share) 1.02 8.68 21.50 29.61
Diluted earnings per share discontinued operations (in dollar per share) (0.01) 0.01 0.07 0.07
Diluted earnings per common share (in dollars per share) $ 1.00 $ 8.69 $ 21.57 $ 29.68
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Weighted average common shares outstanding basic (in shares) 12,766,975 13,139,393 12,879,200 13,231,079
Weighted average common shares outstanding diluted (in shares) 12,793,961 13,216,317 12,905,618 13,299,410
New vehicle retail sales        
Total revenues $ 2,807.4 $ 2,567.6 $ 8,222.8 $ 7,114.3
Total cost of sales 2,621.3 2,384.4 7,648.7 6,601.6
Used vehicle retail sales        
Total revenues 1,852.1 1,656.5 5,455.7 4,526.5
Total cost of sales 1,766.8 1,568.5 5,180.4 4,275.7
Used vehicle wholesale sales        
Total revenues 148.4 123.2 463.8 333.5
Total cost of sales 148.7 122.8 462.0 335.2
Parts and service sales        
Total revenues 733.9 660.0 2,144.4 1,810.8
Total cost of sales 326.3 293.1 953.0 814.0
Finance, insurance and other, net        
Total revenues $ 240.9 $ 214.1 $ 704.8 $ 603.1