Business Combinations (Tables)

9 Months Ended

Sep. 30, 2012

Business Combinations

Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed

	September 30,
	2012			2011
Accounts receivable	$	28,907		$	953
Inventory	94,627			61,247
Other current assets	411			—
Property and equipment	34,261			40,190
Goodwill	35,343			107,498
Franchise Value	26,343			29,491
Other non-current assets	745			628
Current liabilities	(58,926		)	(6,190		)
Non-current liabilities	(23,906		)	—
Total consideration	137,805			233,817
Seller financed/assumed debt	—			(1,711		)
Cash used in dealership acquisitions	$	137,805		$	232,106

Summary of unaudited consolidated pro forma results of operations

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
	(amounts in millions, except per share data)
Revenues	$	3,407	$	3,072	$	10,075	$	9,011
Income from continuing operations	42		58		142		138
Net income	41		57		137		135
Income from continuing operations per diluted common share	$	0.46	$	0.63	$	1.56	$	1.49
Net income per diluted common share	$	0.45	$	0.62	$	1.52	$	1.46