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Business Acquisitions and Dispositions | 6 Months Ended
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Jun. 30, 2018
Business Combinations [Abstract] |
Business Acquisitions and Dispositions | Business Acquisitions and Dispositions Acquisitions – Sonic did not acquire any businesses during the three and six months ended June 30, 2018 and 2017. Dispositions – Sonic disposed of six franchised dealerships during the six months ended June 30, 2018 that generated net cash of approximately $122.4 million. In addition to these dispositions, Sonic terminated one luxury franchised dealership and ceased operations at one of our pre-owned stores. Sonic did no t dispose of any businesses during the six months ended June 30, 2017. Revenues and other activities associated with disposed dealerships classified as discontinued operations were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (In thousands)
Income (loss) from operations | $ | (191 | ) |  | $ | (162 | ) |  | $ | (330 | ) |  | $ | (441 | )
Lease exit accrual adjustments and charges | (106 | ) |  | (139 | ) |  | (215 | ) |  | (727 | )
Pre-tax income (loss) | $ | (297 | ) |  | $ | (301 | ) |  | $ | (545 | ) |  | $ | (1,168 | )
Total revenues | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Revenues and other activities associated with disposed dealerships that remain in continuing operations were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (In thousands)
Income (loss) from operations | $ | 739 |  |  | $ | (829 | ) |  | $ | (5,505 | ) |  | $ | (2,289 | )
Gain (loss) on disposal | 38,422 |  |  | — |  |  | 39,613 |  |  | (24 | )
Lease exit accrual adjustments and charges | 2 |  |  | — |  |  | (18 | ) |  | — |
Pre-tax income (loss) | $ | 39,163 |  |  | $ | (829 | ) |  | $ | 34,090 |  |  | $ | (2,313 | )
Total revenues | $ | 30,751 |  |  | $ | 135,231 |  |  | $ | 108,777 |  |  | $ | 266,349 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
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