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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 19,785 $ 7,925
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,108 21,312
Gain on sale of property and equipment (419) (36)
Stock-based compensation expense related to stock options and employee stock purchases 3,874 2,902
Provision for deferred income tax expense 8,824 570
Excess tax benefits from stock-based compensation (1,145) (209)
Change in accounts receivable, net (26,966) (11,354)
Change in inventories (93,554) (43,902)
Change in prepaid expenses and other, net 6,801 743
Change in trade accounts payable 10,985 16,084
Change in accrued expenses 9,696 11,451
Net cash (used in) provided by operating activities (36,011) 5,486
Cash flows from investing activities:    
Acquisition of property and equipment (60,805) (28,558)
Proceeds from the sale of property and equipment 10,474 123
Business acquisitions (60,038) (32,450)
Change in other assets 537 (1,996)
Net cash used in investing activities (109,832) (62,881)
Cash flows from financing activities:    
Draws on floor plan notes payable, net 114,741 44,504
Proceeds from long-term debt 45,943 26,854
Principal payments on long-term debt (33,252) (24,806)
Principal payments on capital lease obligations (7,562) (3,518)
Debt issuance costs (41) (73)
Excess tax benefits from stock-based compensation 1,145 209
Proceeds from issuance of shares relating to employee stock options and employee stock purchases 2,178 909
Net cash provided by financing activities 123,152 44,079
Net decrease in cash and cash equivalents (22,691) (13,316)
Cash and cash equivalents, beginning of period 168,976 149,095
Cash and cash equivalents, end of period 146,285 135,779
Cash paid during the period for:    
Interest 6,713 6,528
Income taxes, net of refunds (3,396) (3,147)
Noncash investing activities:    
Assets acquired under capital leases $ 6,903 $ 4,432