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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 269,948 $ 293,789
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 165,145 146,477
Gain on sale of property and equipment (596) (2,433)
Gain on joint venture transaction 0 (12,500)
Gain on business acquisition 0 (6,958)
Stock-based compensation expense related to stock options and employee stock purchases 25,297 21,550
Provision for deferred income tax expense 3,508 7,921
Change in accounts receivable, net (42,822) (75,066)
Change in inventories, net (193,668) (264,687)
Change in prepaid expenses and other, net (2,078) 875
Change in trade accounts payable 4,576 44,069
Change in customer deposits (13,334) 9,650
Change in accrued expenses (4,086) 25,464
Other, net (831) (4,832)
Net cash provided by operating activities 211,059 183,319
Cash flows from investing activities:    
Acquisition of property and equipment (289,079) (175,243)
Proceeds from the sale of property and equipment 1,890 7,014
Business disposition 0 27,500
Business acquisition, net of cash acquired 0 (15,754)
Other (3,765) (11,691)
Net cash used in investing activities (290,954) (168,174)
Cash flows from financing activities:    
Draws on floor plan notes payable – non-trade, net 188,420 277,261
Proceeds from long-term debt 995,081 695,169
Principal payments on long-term debt (962,792) (788,757)
Principal payments on finance lease obligations (13,447) (11,091)
Proceeds from issuance of shares relating to employee stock options and employee stock purchases 14,734 11,080
Taxes paid related to net share settlement of equity awards (7,017) (8,669)
Payments of cash dividends (37,097) (33,123)
Common stock repurchased (107,037) (85,270)
Net cash provided by financing activities 70,845 56,600
Net (decrease) increase in cash, cash equivalents and restricted cash (9,050) 71,745
Effect of exchange rate on cash (6) 0
Cash, cash equivalents and restricted cash, beginning of period 201,044 148,146
Cash, cash equivalents and restricted cash, end of period 191,988 219,519
Supplemental disclosure of cash flow information:    
Interest 40,233 12,966
Noncash investing and financing activities:    
Assets acquired under finance leases $ 40,144 $ 14,290