XML 61 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 191,463us-gaap_CashAndCashEquivalentsAtCarryingValue $ 217,305us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 170,027us-gaap_AccountsReceivableNetCurrent 103,293us-gaap_AccountsReceivableNetCurrent
Note receivable from affiliate 8,168us-gaap_DueFromRelatedPartiesCurrent  
Inventories, net 1,024,104us-gaap_InventoryNet 802,220us-gaap_InventoryNet
Prepaid expenses and other 28,312us-gaap_PrepaidExpenseAndOtherAssetsCurrent 14,341us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Asset held for sale 5,053us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent  
Deferred income taxes, net 18,387us-gaap_DeferredTaxAssetsNetCurrent 16,277us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 1,445,514us-gaap_AssetsCurrent 1,153,436us-gaap_AssetsCurrent
Investments 6,905us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent 6,628us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
Property and equipment, net 923,080us-gaap_PropertyPlantAndEquipmentNet 739,663us-gaap_PropertyPlantAndEquipmentNet
Goodwill, net 265,145us-gaap_Goodwill 215,464us-gaap_Goodwill
Other assets, net 53,618us-gaap_OtherAssetsNoncurrent 52,607us-gaap_OtherAssetsNoncurrent
Total assets 2,694,262us-gaap_Assets 2,167,798us-gaap_Assets
Current liabilities:    
Floor plan notes payable 845,977rusha_FloorPlanNotesPayable 593,649rusha_FloorPlanNotesPayable
Current maturities of long-term debt 149,065us-gaap_LongTermDebtCurrent 97,243us-gaap_LongTermDebtCurrent
Current maturities of capital lease obligations 11,231us-gaap_CapitalLeaseObligationsCurrent 10,268us-gaap_CapitalLeaseObligationsCurrent
Liabilities directly associated with asset held for sale 6,160us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent  
Trade accounts payable 124,555us-gaap_AccountsPayableTradeCurrent 100,375us-gaap_AccountsPayableTradeCurrent
Customer deposits 44,879us-gaap_CustomerDepositsCurrent 58,319us-gaap_CustomerDepositsCurrent
Accrued expenses 92,743us-gaap_AccruedLiabilitiesCurrent 69,321us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 1,274,610us-gaap_LiabilitiesCurrent 929,175us-gaap_LiabilitiesCurrent
Long-term debt, net of current maturities 429,189us-gaap_LongTermDebtNoncurrent 385,538us-gaap_LongTermDebtNoncurrent
Capital lease obligations, net of current maturities 46,019us-gaap_CapitalLeaseObligationsNoncurrent 35,199us-gaap_CapitalLeaseObligationsNoncurrent
Other long-term liabilities 4,470us-gaap_OtherLiabilitiesNoncurrent 4,683us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes, net 175,635us-gaap_DeferredTaxLiabilitiesNoncurrent 147,822us-gaap_DeferredTaxLiabilitiesNoncurrent
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2014 and 2013 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, par value $.01 per share; 60,000,000 Class A shares and 20,000,000 Class B shares authorized; 29,889,332 Class A shares and 9,999,122 Class B shares outstanding in 2014; and 28,910,505 Class A shares and 10,304,518 Class B shares outstanding in 2013 424us-gaap_CommonStockValue 414us-gaap_CommonStockValue
Additional paid-in capital 272,486us-gaap_AdditionalPaidInCapitalCommonStock 243,154us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 533,793us-gaap_RetainedEarningsAccumulatedDeficit 453,836us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss, net of tax (460)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (1,202)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 764,339us-gaap_StockholdersEquity 665,381us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity 2,694,262us-gaap_LiabilitiesAndStockholdersEquity 2,167,798us-gaap_LiabilitiesAndStockholdersEquity
Common Class B [Member]    
Shareholders’ equity:    
Treasury stock, at cost: 2,560,580 Class B shares $ (41,904)us-gaap_TreasuryStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember		 $ (30,821)us-gaap_TreasuryStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember