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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
New and used truck sales $ 872,106 $ 846,256 $ 2,590,178 $ 2,244,447
Parts and service 360,711 340,632 1,051,001 980,588
Lease and rental 50,545 45,114 147,634 130,160
Finance and insurance 6,164 5,227 16,373 14,559
Other 4,550 3,793 12,728 12,396
Total revenue 1,294,076 1,241,022 3,817,914 3,382,150
Cost of products sold:        
New and used truck sales 813,178 787,952 2,413,712 2,084,945
Parts and service 227,775 216,067 664,697 626,786
Lease and rental 45,115 38,264 130,242 112,406
Total cost of products sold 1,086,068 1,042,283 3,208,651 2,824,137
Gross profit 208,008 198,739 609,263 558,013
Selling, general and administrative 160,776 148,238 474,712 431,943
Depreciation and amortization 11,228 9,488 32,051 27,483
Gain (loss) on sale of assets 26 5 (581) 109
Operating income 36,030 41,018 101,919 98,696
Interest expense, net 3,568 2,689 10,107 8,363
Income before taxes 32,462 38,329 91,812 90,333
Provision for income taxes 12,579 14,851 35,572 35,003
Net income $ 19,883 $ 23,478 $ 56,240 $ 55,330
Earnings per common share:        
Basic (in dollars per share) $ 0.49 $ 0.59 $ 1.40 $ 1.39
Diluted (in dollars per share) $ 0.48 $ 0.57 $ 1.37 $ 1.36
Weighted average shares outstanding:        
Basic (in shares) 40,361 40,008 40,235 39,700
Diluted (in shares) 41,136 41,091 41,065 40,820
Comprehensive income $ 19,883 $ 23,610 $ 56,395 $ 55,892