XML 35 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity Method Investees (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Jacobs Group
Dec. 31, 2012
The Nix Group
Dec. 31, 2012
Penske Wynn Ferrari Maserati
Dec. 31, 2012
Max Cycles
Dec. 31, 2012
Innovative Media
Dec. 31, 2012
QEK Global Solutions
Dec. 31, 2012
Fleetwash, LLC
Dec. 31, 2010
National Powersport Auctions
Dec. 31, 2012
National Powersport Auctions
Dec. 31, 2012
Penske Truck Leasing Co., L.P. ("PTL")
Dec. 31, 2011
Penske Truck Leasing Co., L.P. ("PTL")
Dec. 31, 2012
Jacobs Group, The Nix Group, Penske Wynn Ferrari Maserati, Max Cycles, Innovative Media,QEK Global Solutions and Fleetwash, LLC equity method investment
Dec. 31, 2011
Jacobs Group, The Nix Group, Penske Wynn Ferrari Maserati, Max Cycles, Innovative Media,QEK Global Solutions and Fleetwash, LLC equity method investment
Equity Method Investment                                
Ownership percentage of Equity Method Investment       50.00% 50.00% 50.00% 50.00% 45.00% 22.50% 7.00%   7.00%        
Equity Method Investment sold                     $ 14,616          
Pre tax gain on sale of investment                     5,295          
Equity method investments 303,160 298,640                     242,791 240,254 60,369 58,386
Limited partnership interest (as a percent)                         9.00%      
Condensed income statement information                                
Revenues 6,043,432 5,970,595 4,531,588                          
Gross margin 1,897,310 1,802,301 1,749,504                          
Net income 284,228 255,145 198,793                          
Equity in net income of affiliates 27,572 25,451 20,569                          
Condensed balance sheet information                                
Current assets 1,129,698 1,159,066                            
Noncurrent assets 8,139,122 7,228,052                            
Total assets 9,268,820 8,387,118                            
Current liabilities 866,219 916,344                            
Noncurrent liabilities 6,475,453 6,330,666                            
Equity 1,927,148 1,140,108                            
Total liabilities and equity $ 9,268,820 $ 8,387,118