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Business Acquisitions and Dispositions | 3 Months Ended
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Mar. 31, 2020
Business Combinations [Abstract] |
Business Acquisitions and Dispositions | Business Dispositions We did not dispose of any dealerships during the three months ended March 31, 2020. We disposed of one luxury franchised dealership and three mid-line import franchised dealerships during the three months ended March 31, 2019 that generated net cash of approximately $121.7 million. The results of operations of each of these disposed dealerships remain in continuing operations in the accompanying unaudited condensed consolidated statements of income. Revenues and other activities associated with disposed franchised dealerships that remain in continuing operations were as follows:
| Three Months Ended March 31, |  |  |  |  |  |  |  |  |  |
| 2020 |  | 2019 |  |  |  |  |  |  |  |
| (In thousands) |  |  |  |  |  |  |  |  |  |
Income (loss) from operations | $ | (160) |  |  | $ | (2,553) |  |  |  |  |  |  |  |  |
Gain (loss) on disposal | 2 |  |  | 46,750 |  |  |  |  |  |  |  |  |
Lease exit accrual adjustments and charges | — |  |  | 170 |  |  |  |  |  |  |  |  |
Pre-tax income (loss) | $ | (158) |  |  | $ | 44,367 |  |  |  |  |  |  |  |  |
Total revenues | $ | — |  |  | $ | 106,774 |  |  |  |  |  |  |  |  |
Revenues and other activities associated with disposed franchised dealerships classified as discontinued operations were as follows:
| Three Months Ended March 31, |  |  |  |  |  |  |  |  |  |
| 2020 |  | 2019 |  |  |  |  |  |  |  |
| (In thousands) |  |  |  |  |  |  |  |  |  |
Income (loss) from operations | $ | (285) |  |  | $ | (180) |  |  |  |  |  |  |  |  |
Lease exit accrual adjustments and charges | — |  |  | — |  |  |  |  |  |  |  |  |
Pre-tax income (loss) | $ | (285) |  |  | $ | (180) |  |  |  |  |  |  |  |  |
Total revenues | $ | — |  |  | $ | — |  |  |  |  |  |  |  |  |

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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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Period Type: | duration