XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
New and used commercial vehicle sales $ 489,610 $ 551,928
Parts and service sales 231,479 196,646
Lease and rental 30,140 23,476
Finance and insurance 3,133 3,137
Other 2,426 2,142
Total revenue 756,788 777,329
Cost of products sold:    
New and used commercial vehicle sales 452,574 510,807
Parts and service sales 145,713 118,256
Lease and rental 24,713 20,006
Total cost of products sold 623,000 649,069
Gross profit 133,788 128,260
Selling, general and administrative 102,106 93,015
Depreciation and amortization 7,110 5,884
Gain on sale of assets 41 19
Operating income 24,613 29,380
Interest expense, net 2,513 3,304
Income before taxes 22,100 26,076
Provision for income taxes 8,553 10,170
Net income 13,547 15,906
Earnings per common share:    
Earnings per common share - Basic (in Dollars per share) $ 0.35 $ 0.41
Earnings per common share - Diluted (in Dollars per share) $ 0.34 $ 0.40
Weighted average shares outstanding:    
Basic (in Shares) 39,119 38,387
Diluted (in Shares) 40,269 39,607
Comprehensive income $ 13,718 $ 15,905