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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 146,285 $ 168,976
Accounts receivable, net 70,743 43,513
Inventories, net 451,887 321,933
Prepaid expenses and other 7,350 14,104
Deferred income taxes, net 11,025 10,281
Total current assets 687,290 558,807
Investments 6,628 7,575
Property and equipment, net 475,385 445,919
Goodwill, net 176,329 150,388
Other assets, net 4,668 5,244
Total assets 1,350,300 1,167,933
Current liabilities:    
Floor plan notes payable 352,551 237,810
Current maturities of long-term debt 57,933 62,279
Current maturities of capital lease obligations 8,935 7,971
Trade accounts payable 48,918 37,933
Accrued expenses 78,042 69,036
Total current liabilities 546,379 415,029
Long-term debt, net of current maturities 206,887 189,850
Capital lease obligations, net of current maturities 32,608 34,231
Other long-term liabilities 1,153 364
Deferred income taxes, net 72,452 63,540
Shareholders' equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2011 and 2010 0 0
Common stock, par value $.01 per share; 60,000,000 class A shares and 20,000,000 class B shares authorized; 27,155,861 class A shares and 10,725,472 class B shares outstanding in 2011; and 26,798,707 class A shares and 10,700,044 class B shares outstanding in 2010 395 391
Additional paid-in capital 202,940 195,747
Treasury stock, at cost: 1,639,843 class B shares (17,948) (17,948)
Retained earnings 306,736 286,951
Accumulated other comprehensive loss, net of tax (1,302) (222)
Total shareholders' equity 490,821 464,919
Total liabilities and shareholders' equity $ 1,350,300 $ 1,167,933