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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities:    
Net income $ 137,931 $ 130,101
Adjustments to reconcile net income to net cash from continuing operating activities:    
Depreciation 41,013 36,132
Debt discount amortization   1,718
Earnings of equity method investments (16,796) (17,527)
Loss from discontinued operations, net of tax 3,837 2,833
Debt redemption costs 17,753  
Deferred income taxes 14,867 14,801
Changes in operating assets and liabilities:    
Accounts receivable (36,412) 918
Inventories (193,658) 34,757
Floor plan notes payable 258,337 (14,774)
Accounts payable and accrued expenses 45,986 15,193
Other (8,246) (24,042)
Net cash from continuing operating activities 264,612 180,110
Investing Activities:    
Purchase of equipment and improvements (96,447) (79,770)
Proceeds from sale-leaseback transactions 1,584  
Dealership acquisitions net, including repayment of sellers' floor plan notes payable of $49,467 and $54,453, respectively (137,805) (232,106)
Other 3,496 2,865
Net cash from continuing investing activities (229,172) (309,011)
Financing Activities:    
Proceeds from borrowings under U.S. credit agreement revolving credit line 525,800 494,500
Repayments under U.S. credit agreement revolving credit line (657,800) (374,500)
Issuance of 5.75% senior subordinated notes 550,000  
Repurchase of 7.75% senior subordinated notes (390,755)  
Repurchase of 3.5% senior subordinated convertible notes (62,687) (87,278)
Net borrowings (repayments) of other long-term debt (1,913) 31,807
Net borrowings of floor plan notes payable - non-trade 29,681 98,131
Repurchases of common stock (9,829) (44,263)
Dividends (29,760) (13,866)
Payment of deferred financing fees (8,502)  
Proceeds from exercises of options, including excess tax benefit   3,018
Net cash from continuing financing activities (55,765) 107,549
Discontinued operations:    
Net cash from discontinued operating activities (6,852) (39,383)
Net cash from discontinued investing activities 34,620 47,549
Net cash from discontinued financing activities (10,184) 3,181
Net cash from discontinued operations 17,584 11,347
Net change in cash and cash equivalents (2,741) (10,005)
Cash and cash equivalents, beginning of period 28,676 19,904
Cash and cash equivalents, end of period 25,935 9,899
Cash paid for:    
Interest 64,340 47,004
Income taxes 35,232 38,664
Seller financed/assumed debt   $ 4,865