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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2018
Accounting Policies [Abstract] |
Cumulative Effect of Adjustments for Adoption of ASC 606 | The cumulative effect of the adjustments to our March 31, 2018 condensed consolidated statement of income and January 1, 2018 condensed consolidated balance sheet for the adoption of ASC 606 were as follows:
| Pre-ASC 606 Results |  | Effects of Adoption of ASC 606 |  | As Reported
| Three months ended |  |  | Three months ended
Income Statement | March 31, 2018 |  |  | March 31, 2018
Revenues: | (In thousands)
Parts, service and collision repair | $ | 351,202 |  |  | $ | 556 |  |  | $ | 351,758 |
Finance, insurance and other, net | 93,302 |  |  | 423 |  |  | 93,725 |
Total revenues | $ | 444,504 |  |  | $ | 979 |  |  | $ | 445,483 |
Cost of Sales: |  |  |  |  |
Parts, service and collision repair | $ | (181,842 | ) |  | $ | (288 | ) |  | $ | (182,130 | )
Selling, general and administrative expenses: |  |  |  |  |
Compensation | $ | (185,000 | ) |  | $ | (37 | ) |  | $ | (185,037 | )
Operating income (loss): | $ | 19,534 |  |  | $ | 654 |  |  | $ | 20,188 |
Balance Sheet | December 31, 2017 |  | Effects of Adoption of ASC 606 |  | January 1, 2018
Assets: |  |  | (In thousands) |  |
Receivables, net | $ | 482,126 |  |  | $ | 4,590 |  |  | $ | 486,716 |
Contract Assets (1) | — |  |  | 2,082 |  |  | 2,082 |
Liabilities: |  |  |  |  |
Other accrued liabilities | $ | 237,963 |  |  | $ | (1,286 | ) |  | $ | 236,677 |
Deferred income taxes | 51,619 |  |  | (1,468 | ) |  | 50,151 |
Stockholders’ Equity: |  |  |  |  |
Retained earnings | $ | 625,356 |  |  | $ | (3,918 | ) |  | $ | 621,438 |
(1) | Contract assets are included in Receivables, net in the condensed consolidated balance sheets.

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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