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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 205,049 $ 198,773
Accounts receivable, net 76,598 89,615
Inventories, net 676,594 690,953
Prepaid expenses and other 10,026 12,088
Deferred income taxes, net 13,037 14,630
Total current assets 981,304 1,006,059
Investments 6,628 6,628
Property and equipment, net 627,261 622,112
Goodwill, net 198,282 198,257
Other assets, net 47,840 48,510
Total assets 1,861,315 1,881,566
Liabilities and shareholders’ equity    
Floor plan notes payable 498,265 534,520
Current maturities of long-term debt 80,524 80,030
Current maturities of capital lease obligations 10,200 10,673
Trade accounts payable 80,771 62,270
Accrued expenses 64,618 100,953
Total current liabilities 734,378 788,446
Long-term debt, net of current maturities 326,966 319,634
Capital lease obligations, net of current maturities 38,965 39,300
Other long-term liabilities 2,883 2,484
Deferred income taxes, net 125,232 123,756
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2013 and 2012 0 0
Common stock, par value $.01 per share; 60,000,000 class A shares and 20,000,000 class B shares authorized; 28,609,036 class A shares and 10,835,219 class B shares outstanding in 2013; and 27,999,068 class A shares and 10,792,223 class B shares outstanding in 2012 411 404
Additional paid-in capital 233,847 222,627
Treasury stock, at cost: 1,639,843 class B shares (17,948) (17,948)
Retained earnings 418,166 404,619
Accumulated other comprehensive loss, net of tax (1,585) (1,756)
Total shareholders’ equity 632,891 607,946
Total liabilities and shareholders’ equity $ 1,861,315 $ 1,881,566