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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 66,053 $ 79,957 $ 49,217
Adjustments to reconcile net income to net cash provided by (used in) operating activities-      
Depreciation and amortization 144,935 126,452 93,486
Loss (gain) on sale of property and equipment, net 544 (151) (5)
Stock-based compensation expense related to employee stock options and employee stock purchases 12,384 11,343 8,645
Provision for deferred income tax expense 31,645 25,229 22,081
Excess tax expense (benefit) from stock-based compensation $ 337 (5,207) $ (2,566)
Acquired research and development 2,000
Change in accounts receivable, net $ 11,921 (67,664) $ (10,358)
Change in inventories 18,664 (151,911) (67,217)
Change in prepaid expenses and other, net (3,690) (13,215) (1,789)
Change in trade accounts payable (4,154) 24,180 38,105
(Payments) draws on floor plan notes payable – trade, net (17,005) 44,870 13,044
Change in customer deposits (22,371) (13,802) 29,139
Change in accrued expenses (12,013) 26,856 1,706
Net cash provided by operating activities 227,250 88,937 173,488
Cash flows from investing activities:      
Acquisition of property and equipment (367,790) (260,820) (191,584)
Proceeds from the sale of property and equipment 3,319 249 633
Business acquisitions (69,013) (157,626) $ (72,725)
Proceeds from the sale of available for sale securities 275 150
Other (3,025) 1,631 $ (5,992)
Net cash used in investing activities (436,234) (416,416) (269,668)
Cash flows from financing activities:      
Draws on floor plan notes payable – non-trade, net 31,568 207,458 46,085
Proceeds from long-term debt 218,026 214,622 171,166
Principal payments on long-term debt (154,685) (112,828) (88,048)
Principal payments on capital lease obligations (14,506) (12,531) (13,511)
Proceeds from issuance of shares relating to employee stock options and employee stock purchases 3,766 11,962 9,327
Excess tax benefit (expense) from stock-based compensation (337) 5,207 2,566
Common stock repurchased (1,464) (12,253) (12,873)
Net cash provided by financing activities 82,368 301,637 114,712
Net increase (decrease) in cash and cash equivalents (126,616) (25,842) 18,532
Cash and cash equivalents, beginning of year 191,463 217,305 198,773
Cash and cash equivalents, end of year 64,847 191,463 217,305
Cash paid during the year for:      
Interest 35,356 29,539 24,195
Income taxes, net of refunds $ 16,126 29,795 $ 9,314
Noncash investing and financing activities:      
Common stock issued related to business acquisition 2,000
Assets acquired under capital leases $ 41,021 $ 24,314 $ 9,005