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Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
New and used truck sales $ 598,220,000 $ 466,585,000 $ 1,150,148,000 $ 744,115,000
Parts and service 208,290,000 170,387,000 404,936,000 315,947,000
Lease and rental 23,433,000 20,563,000 46,909,000 39,548,000
Finance and insurance 3,577,000 2,744,000 6,714,000 4,712,000
Other 2,324,000 1,703,000 4,466,000 3,764,000
Total revenue 835,844,000 661,982,000 1,613,173,000 1,108,086,000
Cost of products sold:        
New and used truck sales 559,017,000 436,163,000 1,069,824,000 695,068,000
Parts and service 127,617,000 103,453,000 245,873,000 192,165,000
Lease and rental 19,574,000 16,856,000 39,580,000 32,953,000
Total cost of products sold 706,208,000 556,472,000 1,355,277,000 920,186,000
Gross profit 129,636,000 105,510,000 257,896,000 187,900,000
Selling, general and administrative 91,683,000 79,655,000 184,698,000 145,001,000
Depreciation and amortization 6,055,000 4,541,000 11,939,000 8,721,000
Gain on sale of assets 68,000 475,000 87,000 432,000
Operating income 31,966,000 21,789,000 61,346,000 34,610,000
Interest expense, net 3,407,000 1,599,000 6,711,000 2,800,000
Income from before taxes 28,559,000 20,190,000 54,635,000 31,810,000
Provision for income taxes 11,137,000 7,672,000 21,307,000 12,025,000
Net income 17,422,000 12,518,000 33,328,000 19,785,000
Earnings per common share:        
Basic (in Dollars per share) $ 0.45 $ 0.33 $ 0.86 $ 0.52
Diluted (in Dollars per share) $ 0.44 $ 0.32 $ 0.84 $ 0.51
Weighted average shares outstanding:        
Basic (in Shares) 38,675,464 37,831,211 38,531,254 37,726,829
Diluted (in Shares) 39,544,186 39,014,996 39,605,374 38,929,321
Comprehensive income $ 17,428,000 $ 11,360,000 $ 33,333,000 $ 18,705,000