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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
New and used truck sales $ 917,878 $ 797,291 $ 1,718,072 $ 1,398,191
Parts and service 353,268 330,982 690,290 639,956
Lease and rental 49,297 44,057 97,089 85,046
Finance and insurance 5,678 5,256 10,209 9,332
Other 4,182 4,875 8,178 8,603
Total revenue 1,330,303 1,182,461 2,523,838 2,141,128
Cost of products sold:        
New and used truck sales 856,274 738,851 1,600,534 1,296,993
Parts and service 222,225 212,016 436,922 410,719
Lease and rental 44,171 38,245 85,127 74,142
Total cost of products sold 1,122,670 989,112 2,122,583 1,781,854
Gross profit 207,633 193,349 401,255 359,274
Selling, general and administrative 161,309 149,260 313,936 283,705
Depreciation and amortization 10,829 9,177 20,823 17,995
Gain (loss) on sale of assets 65 20 (607) 104
Operating income 35,560 34,932 65,889 57,678
Interest expense, net 3,598 2,543 6,539 5,674
Income before taxes 31,962 32,389 59,350 52,004
Provision for income taxes 12,386 12,551 22,993 20,152
Net income $ 19,576 $ 19,838 $ 36,357 $ 31,852
Earnings per common share:        
Basic (in dollars per share) $ 0.49 $ 0.50 $ 0.91 $ 0.81
Diluted (in dollars per share) $ 0.48 $ 0.49 $ 0.89 $ 0.78
Weighted average shares outstanding:        
Basic (in shares) 40,275 39,751 40,171 39,544
Diluted (in shares) 41,072 40,849 41,029 40,682
Comprehensive income $ 19,659 $ 20,154 $ 36,512 $ 32,282