XML 65 R39.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Summary of Reportable Operating Segment | Reportable segment revenue, segment income, floor plan interest expense, depreciation and amortization, capital expenditures and total assets are as follows:
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | (In thousands) |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  | $ | 9,602,562 |  |  | $ | 9,547,236 |  |  | $ | 9,191,661 |
EchoPark® |  |  | 129,217 |  |  |  | 77,063 |  |  |  | 5,438 |
Total consolidated revenues |  | $ | 9,731,779 |  |  | $ | 9,624,299 |  |  | $ | 9,197,099 |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | (In thousands) |
Segment income (loss) (1): |  |  |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  | $ | 217,306 |  |  | $ | 213,224 |  |  | $ | 230,733 |
EchoPark® |  |  | (12,113 | ) |  |  | (17,257 | ) |  |  | (15,913 | )
Total segment income (loss) |  |  | 205,193 |  |  |  | 195,967 |  |  |  | 214,820 |
Interest expense, other, net |  |  | (50,106 | ) |  |  | (50,910 | ) |  |  | (53,190 | )
Other income (expense), net |  |  | 125 |  |  |  | 99 |  |  |  | 97 |
Income (loss) from continuing operations before taxes |  | $ | 155,212 |  |  | $ | 145,156 |  |  | $ | 161,727 |
(1) Segment income (loss) for each segment is defined as operating income less floor plan interest expense. |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | (In thousands) |
Floor plan interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  | $ | 26,777 |  |  | $ | 20,727 |  |  | $ | 18,727 |
EchoPark® |  |  | 939 |  |  |  | 599 |  |  |  | 66 |
Total floor plan interest expense |  | $ | 27,716 |  |  | $ | 21,326 |  |  | $ | 18,793 |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | (In thousands) |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  | $ | 73,635 |  |  | $ | 65,766 |  |  | $ | 58,001 |
EchoPark® |  |  | 3,811 |  |  |  | 3,033 |  |  |  | 259 |
Total depreciation and amortization |  | $ | 77,446 |  |  | $ | 68,799 |  |  | $ | 58,260 |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
|  | (In thousands) |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  | $ | 170,876 |  |  | $ | 148,593 |  |  | $ | 117,129 |
EchoPark® |  |  | 35,356 |  |  |  | 24,656 |  |  |  | 29,303 |
Total capital expenditures |  | $ | 206,232 |  |  | $ | 173,249 |  |  | $ | 146,432 |
|  |  |  | December 31, |
|  |  |  | 2016 |  |  | 2015 |
|  |  |  | (In thousands) |
Assets: |  |  |  |  |  |  |  |  |  |
Franchised Dealerships |  |  |  | $ | 2,095,777 |  |  | $ | 2,211,232 |
EchoPark® |  |  |  |  | 128,125 |  |  |  | 76,808 |
Corporate and other: |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents |  |  |  |  | 3,108 |  |  |  | 3,625 |
Goodwill, Net |  |  |  |  | 472,437 |  |  |  | 471,493 |
Other Intangible Assets, Net |  |  |  |  | 80,233 |  |  |  | 80,876 |
Other Corporate and other assets |  |  |  |  | 859,656 |  |  |  | 718,347 |
Total assets |  |  |  | $ | 3,639,336 |  |  | $ | 3,562,381 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration