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Business Acquisitions and Dispositions | 3 Months Ended
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Mar. 31, 2018
Business Combinations [Abstract] |
Business Acquisitions and Dispositions | Business Acquisitions and Dispositions Acquisitions – Sonic did not acquire any businesses during the three months ended March 31, 2018 and 2017. Dispositions – Sonic disposed of one luxury franchised dealership during the three months ended March 31, 2018 that generated net cash of approximately $7.5 million. Additionally, Sonic terminated one luxury franchised dealership and ceased operations at one of our pre-owned stores in Florida. Sonic did no t dispose of any businesses during the three months ended March 31, 2017. Revenues and other activities associated with disposed dealerships classified as discontinued operations were as follows:
| Three Months Ended March 31,
| 2018 |  | 2017
| (In thousands)
Income (loss) from operations | $ | (139 | ) |  | $ | (280 | )
Lease exit accrual adjustments and charges | (109 | ) |  | (588 | )
Pre-tax income (loss) | $ | (248 | ) |  | $ | (868 | )
Total revenues | $ | — |  |  | $ | — |
Revenues and other activities associated with disposed dealerships that remain in continuing operations were as follows:
| Three Months Ended March 31,
| 2018 |  | 2017
| (In thousands)
Income (loss) from operations | $ | (636 | ) |  | $ | (703 | )
Gain (loss) on disposal | 1,630 |  |  | (24 | )
Pre-tax income (loss) | $ | 994 |  |  | $ | (727 | )
Total revenues | $ | 1,919 |  |  | $ | 43,202 |

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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