XML 69 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue:      
Sales of Used Vehicles $ 920,507 $ 838,242 $ 760,767
Interest Income 299,382 283,065 264,974
Dealer Finance and Other Income 2,977 0 0
Total Revenue 1,222,866 1,121,307 1,025,741
Costs and Expenses:      
Cost of Used Vehicles Sold 607,932 544,504 481,210
Provision for Credit Losses 253,603 207,198 175,900
Portfolio Debt Interest Expense 41,978 43,475 68,314
Non-Portfolio Debt Interest Expense 4,644 3,034 4,581
Non-Portfolio Debt Interest Expense—Related party 0 0 10,176
Senior Secured Debt Interest Expense 26,209 23,861 11,878
Senior Secured Debt Interest Expense—Related party 261 2,680 3,153
Selling and Marketing 28,139 22,790 16,783
General and Administrative 168,530 157,330 150,373
General and Administrative—Related party 10,873 11,001 15,118
Depreciation Expense 20,150 16,075 13,751
Loss on Extinguishment of Debt 0 0 3,418
Total Costs and Expenses 1,162,319 1,031,948 954,655 [1]
Income Before Income Taxes 60,547 89,359 71,086
Income Tax Expense 1,194 1,221 404
Net Loss Attributable to Non-Controlling Interest-DTAC (1) (178,318) [2] (128,765) [2] (150,310) [2]
Net Income Attributable to DTAG 237,671 216,903 220,992
Net Income $ 59,353 $ 88,138 $ 70,682
[1] Includes net loss on extinguishment of debt.
[2] Refer to Note 18 for Consolidating Financial Information and discussion regarding non-controlling interest.