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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 198,773 $ 207,775
Accounts receivable, net 89,615 98,160
Inventories, net 690,953 649,626
Prepaid expenses and other 12,088 12,158
Deferred income taxes, net 14,630 12,286
Total current assets 1,006,059 980,005
Investments 6,628 6,628
Property and equipment, net 622,112 499,667
Goodwill, net 198,257 182,612
Other assets, net 48,510 48,789
Total assets 1,881,566 1,717,701
Liabilities and shareholders’ equity    
Floor plan notes payable 534,520 520,693
Current maturities of long-term debt 80,030 63,465
Current maturities of capital lease obligations 10,673 10,056
Trade accounts payable 62,270 62,299
Accrued expenses 100,953 134,278
Total current liabilities 788,446 790,791
Long-term debt, net of current maturities 319,634 264,822
Capital lease obligations, net of current maturities 39,300 35,498
Other long-term liabilities 2,484 2,233
Deferred income taxes, net 123,756 93,123
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2012 and 2011 0 0
Common stock, par value $.01 per share; 60,000,000 class A shares and 20,000,000 class B shares authorized; 27,999,068 class A shares and 10,792,223 class B shares outstanding in 2012; and 27,406,424 class A shares and 10,776,697 class B shares outstanding in 2011 404 398
Additional paid-in capital 222,627 208,569
Treasury stock, at cost: 1,639,843 class B shares (17,948) (17,948)
Retained earnings 404,619 342,164
Accumulated other comprehensive loss, net of tax (1,756) (1,949)
Total shareholders’ equity 607,946 531,234
Total liabilities and shareholders’ equity $ 1,881,566 $ 1,717,701