XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
New and used truck sales $ 846,256 $ 615,616 $ 2,244,447 $ 1,613,420
Parts and service 340,632 257,512 980,588 731,919
Lease and rental 45,114 32,668 130,160 94,166
Finance and insurance 5,227 4,333 14,559 11,304
Other 3,793 2,935 12,396 8,717
Total revenue 1,241,022 913,064 3,382,150 2,459,526
Cost of products sold:        
New and used truck sales 787,952 573,657 2,084,945 1,499,384
Parts and service 216,067 161,209 626,786 459,371
Lease and rental 38,264 27,886 112,406 78,983
Total cost of products sold 1,042,283 762,752 2,824,137 2,037,738
Gross profit 198,739 150,312 558,013 421,788
Selling, general and administrative 148,238 114,863 431,943 335,597
Depreciation and amortization 9,488 7,569 27,483 21,938
Gain (loss) on sale of assets 5 (10) 109 19
Operating income 41,018 27,870 98,696 64,272
Interest expense, net 2,689 2,781 8,363 7,774
Income from before taxes 38,329 25,089 90,333 56,498
Provision for income taxes 14,851 9,910 35,003 22,140
Net income 23,478 15,179 55,330 34,358
Earnings per common share:        
Basic (in Dollars per share) $ 0.59 $ 0.38 $ 1.39 $ 0.87
Diluted (in Dollars per share) $ 0.57 $ 0.37 $ 1.36 $ 0.85
Weighted average shares outstanding:        
Basic (in Shares) 40,008 39,558 39,700 39,411
Diluted (in Shares) 41,091 40,623 40,820 40,492
Comprehensive income $ 23,610 $ 15,280 $ 55,892 $ 34,783