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Summary of Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
Summary of Quarterly Financial Data (Unaudited)  
Summary of Quarterly Financial Data (Unaudited)

17.  Summary of Quarterly Financial Data (Unaudited)

 

 

 

First
Quarter

 

Second
Quarter

 

Third
Quarter

 

Fourth
Quarter

 

2012(1)(2)

 

 

 

 

 

 

 

 

 

Total revenues

 

$

3,156,390

 

$

3,306,021

 

$

3,329,854

 

$

3,371,252

 

Gross profit

 

493,859

 

503,642

 

500,334

 

515,113

 

Net income

 

47,006

 

49,612

 

41,313

 

49,236

 

Net income attributable to Penske Automotive Group common stockholders

 

46,818

 

49,092

 

41,031

 

48,599

 

Diluted earnings per share attributable to Penske Automotive Group common stockholders

 

$

0.52

 

$

0.54

 

$

0.45

 

$

0.54

 

 

 

 

 

 

 

 

 

 

 

2011(1)(2)

 

 

 

 

 

 

 

 

 

Total revenues

 

$

2,669,440

 

$

2,767,068

 

$

2,832,517

 

$

2,858,467

 

Gross profit

 

426,079

 

445,304

 

449,946

 

440,493

 

Net income

 

33,997

 

40,059

 

56,045

 

48,157

 

Net income attributable to Penske Automotive Group common stockholders

 

33,927

 

39,560

 

55,707

 

47,687

 

Diluted earnings per share attributable to Penske Automotive Group common stockholders

 

$

0.37

 

$

0.43

 

$

0.61

 

$

0.53

 

 

 

(1)      As discussed in Note 4, we have treated the operations of certain entities as discontinued operations. The results for all periods have been restated to reflect such treatment.

 

(2)      Per share amounts are calculated independently for each of the quarters presented. The sum of the quarters may not equal the full year per share amounts due to rounding.