Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 82,026	$ 64,847
Accounts receivable, net	156,199	156,977
Note receivable affiliate	10,166	10,611
Inventories, net	840,304	1,061,198
Prepaid expenses and other	8,798	32,953
Assets held for sale	13,955
Total current assets	1,111,448	1,326,586
Investments	6,231	6,650
Property and equipment, net	1,135,805	1,172,824
Goodwill, net	290,191	285,041
Other assets, net	59,372	60,907
Total assets	2,603,047	2,852,008
Current liabilities:
Floor plan notes payable	646,945	854,758
Current maturities of long-term debt	130,717	151,024
Current maturities of capital lease obligations	14,449	14,691
Liabilities directly associated with assets held for sale	783
Trade accounts payable	97,844	120,255
Customer deposits	18,418	22,438
Accrued expenses	83,974	83,871
Total current liabilities	993,130	1,247,037
Long-term debt, net of current maturities	472,503	496,731
Capital lease obligations, net of current maturities	70,044	69,074
Other long-term liabilities	7,214	5,282
Deferred income taxes, net	197,331	188,987
Shareholders’ equity:
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2016 and 2015
Common stock, par value $.01 per share; 60,000,000 Class A shares and 20,000,000 Class B shares authorized; 30,007,088 Class A shares and 9,245,447 Class B shares outstanding in 2016; and 30,303,818 Class A shares and 10,093,305 Class B shares outstanding in 2015	438	430
Additional paid-in capital	309,127	288,294
Treasury stock, at cost: 934,171 class A shares and 3,650,491 class B shares in 2016 and 2,616,657 class B shares in 2015	(86,882)	(43,368)
Retained earnings	640,428	599,846
Accumulated other comprehensive loss, net of tax	(286)	(305)
Total shareholders’ equity	862,825	844,897
Total liabilities and shareholders’ equity	$ 2,603,047	$ 2,852,008