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Note 7 - Segment Information
3 Months Ended
Mar. 31, 2013
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 from continuing operations and segment assets for the periods ended March 31, 2013 and 2012 (in thousands):

   
Truck Segment
   
All Other
   
Totals
 
                   
As of and for the three months ended March 31, 2013
                 
                   
Revenues from external customers
  $ 752,230     $ 4,558     $ 756,788  
Segment income (loss) before taxes
    22,148       (48 )     22,100  
Segment assets
    1,835,123       26,192       1,861,315  
                         
As of and for the three months ended March 31, 2012
                       
                         
Revenues from external customers
  $ 772,908     $ 4,421     $ 777,329  
Segment income (loss) before taxes
    26,243       (167 )     26,076  
Segment assets
    1,807,951       26,702       1,834,653  

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.