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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 78,725 $ 50,428
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 84,982 101,020
Loss (gain) on sale of property and equipment 82 (368)
Stock-based compensation expense related to stock options and employee stock purchases 13,094 13,842
Provision for deferred income tax expense 4,901 4,750
Change in accounts and notes receivable, net (39,008) (22,776)
Change in inventories, net (136,611) (65,639)
Change in prepaid expenses and other, net (5,297) (834)
Change in trade accounts payable 15,717 41,242
Draws (payments) on floor plan notes payable – trade, net (9,801) 71,303
Change in customer deposits (7,297) 4,686
Change in accrued expenses (30,571) (7,671)
Other, net (859)  
Net cash (used in) provided by operating activities (31,943) 189,983
Cash flows from investing activities:    
Acquisition of property and equipment (153,073) (116,218)
Proceeds from the sale of property and equipment 1,950 4,239
Proceeds from the sale of available for sale securities 0 350
Business acquisitions (10,168) 0
Purchase of equity method investment and call option (22,499) 0
Change in other assets 2,109 (918)
Net cash (used in) investing activities (181,681) (112,547)
Cash flows from financing activities:    
Draws on floor plan notes payable – non-trade, net 176,918 18,128
Proceeds from long-term debt 106,083 68,269
Draws on line of credit 135,000 0
Principal payments on long-term debt (99,982) (89,311)
Principal payments on finance lease obligations (4,358) (6,398)
Payments on line of credit (75,000)  
Debt issuance costs (731) 0
Proceeds from issuance of shares relating to employee stock options and employee stock purchases 1,825 1,557
Payments of cash dividends (8,817) 0
Common stock repurchased (37,694) (45,906)
Net cash provided by (used in) financing activities 193,244 (53,661)
Net (decrease) increase in cash and cash equivalents (20,380) 23,775
Cash and cash equivalents, beginning of period 131,726 124,541
Cash and cash equivalents, end of period 111,346 148,316
Supplemental disclosure of cash flow information:    
Interest 28,573 20,463
Income taxes, net of refunds 33,771 11,977
Noncash activities:    
Assets acquired under finance leases 15,327 1,534
Common stock repurchased 416 216
Guaranty agreement $ 5,025 $ 0