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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 203,534 $ 198,773
Accounts receivable, net 89,576 89,615
Inventories, net 752,195 690,953
Prepaid expenses and other 6,889 12,088
Deferred income taxes, net 15,249 14,630
Total current assets 1,067,443 1,006,059
Investments 6,628 6,628
Property and equipment, net 652,078 622,112
Goodwill, net 198,282 198,257
Other assets, net 47,809 48,510
Total assets 1,972,240 1,881,566
Liabilities and shareholders’ equity    
Floor plan notes payable 572,311 534,520
Current maturities of long-term debt 77,731 80,030
Current maturities of capital lease obligations 10,013 10,673
Trade accounts payable 81,822 62,270
Accrued expenses 81,491 100,953
Total current liabilities 823,368 788,446
Long-term debt, net of current maturities 341,999 319,634
Capital lease obligations, net of current maturities 37,638 39,300
Other long-term liabilities 5,414 2,484
Deferred income taxes, net 123,654 123,756
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2013 and 2012 0 0
Common stock, par value $.01 per share; 60,000,000 class A shares and 20,000,000 class B shares authorized; 28,766,938 class A shares and 10,753,909 class B shares outstanding in 2013; and 27,999,068 class A shares and 10,792,223 class B shares outstanding in 2012 413 404
Additional paid-in capital 237,608 222,627
Treasury stock, at cost: 1,745,128 class B shares (20,220) (17,948)
Retained earnings 423,798 404,619
Accumulated other comprehensive loss, net of tax (1,432) (1,756)
Total shareholders’ equity 640,167 607,946
Total liabilities and shareholders’ equity $ 1,972,240 $ 1,881,566