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Note 7 - Segment Information
 6 Months Ended
Jun. 30, 2012
Segment Reporting Disclosure [Text Block]
7 – Segment Information

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 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 before income taxes not including extraordinary items.

The following table contains summarized information about reportable segment revenue, segment income or loss and segment assets for the periods ended June 30, 2012 and 2011 (in thousands):

   
Truck Segment
   
All Other
   
Totals
 
                   
As of and for the three months ended June 30, 2012
                 
                   
Revenues from external customers
  $ 830,773     $ 5,071     $ 835,844  
Segment income (loss) before taxes
    28,574       (15 )     28,559  
Segment assets
    1,858,045       27,396       1,885,441  
                         
As of and for the six months ended June 30, 2012
                       
                         
Revenues from external customers
  $ 1,603,681     $ 9,492     $ 1,613,173  
Segment income (loss) before taxes
    54,817       (182 )     54,635  
                         
As of and for the three months ended June 30, 2011
                       
                         
Revenues from external customers
  $ 657,490     $ 4,492     $ 661,982  
Segment income (loss) before taxes
    20,521       (331 )     20,190  
Segment assets
    1,324,548       25,752       1,350,300  
                         
As of and for the six months ended June 30, 2011
                       
                         
Revenues from external customers
  $ 1,099,630     $ 8,456     $ 1,108,086  
Segment income (loss) before taxes
    32,606       (796 )     31,810  

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