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Segments
 12 Months Ended
Dec. 31, 2011
Segments [Abstract]  
SEGMENTS

20. SEGMENTS:

The Company currently has one reportable business segment, the Truck segment. The Truck segment operates a network of commercial vehicle dealerships that provide an integrated one-stop source for the commercial vehicle needs of its customers, including retail sales of new and used commercial vehicles; aftermarket parts, service and body shop facilities; and a wide array of financial services, including the financing of new and used commercial vehicle purchases, insurance products and truck leasing and rentals. The commercial vehicle dealerships are deemed a single reporting unit because they have similar economic characteristics. The Company’s chief operating decision maker considers the entire Truck segment, not individual dealerships, when making decisions about resources to be allocated to the segment and assess its performance.

The Construction Equipment segment is no longer reported as a separate business segment due to the sale of Company’s construction equipment business. See Note 16 for further discussion of the sale of the construction equipment business. The assets of the construction equipment business have been included in the All Other segment assets in the table below for 2009 and 2008.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on income from continuing operations before income taxes not including extraordinary items.

 

The Company accounts for intersegment sales and transfers as if the sales or transfers were to third parties, that is, at current market prices. There were no material intersegment sales during the years ended December 31, 2011, 2010 and 2009.

The following table contains summarized information about reportable segment revenue, segment income or loss from continuing operations and segment assets for the periods ended December 31, 2011, 2010 and 2009 (in thousands):

 

      September 30,       September 30,       September 30,  
    Truck     All        
    Segment     Other     Totals  

2011

                        

Revenues from external customers

   $ 2,562,740     $ 17,871     $ 2,580,611  

Interest income

     20       —         20  

Interest expense

     6,876       305       7,181  

Depreciation and amortization

     19,471       613       20,084  

Segment income (loss) from continuing operations before taxes

     91,820       (1,643 )      90,177  

Segment assets

     1,691,938       25,763       1,717,701  

Goodwill

     180,052       2,560       182,612  

Expenditures for segment assets

     148,384       159       148,543  
       

2010

                        

Revenues from external customers

   $ 1,482,742     $ 15,185     $ 1,497,927  

Interest income

     127       —         127  

Interest expense

     5,092       398       5,490  

Depreciation and amortization

     15,019       701       15,720  

Segment income (loss) from continuing operations before taxes

     37,690       (1,386 )      36,304  

Segment assets

     1,143,385       24,548       1,167,933  

Goodwill

     147,828       2,560       150,388  

Expenditures for segment assets

     98,853       633       99,486  
       

2009

                        

Revenues from external customers

   $ 1,184,400     $ 16,053     $ 1,200,453  

Interest income

     54       —         54  

Interest expense

     5,315       434       5,749  

Depreciation and amortization

     15,143       747       15,890  

Segment income from continuing operations before taxes

     3,962       (2,040 )      1,922  

Segment assets

     924,703       52,594       977,297  

Goodwill

     134,352       2,409       136,761  

Expenditures for segment assets

     74,519       78       74,597  

Revenues from segments below the quantitative thresholds are attributable to three operating segments of the Company. Those segments include a tire retailing company, an insurance company and a guest ranch operation. None of those segments has ever met any of the quantitative thresholds for determining reportable segments.