XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME        
Net Income $ 73.9 $ 62.5 $ 141.8 $ 120.5
Other Comprehensive Income:        
Foreign currency translation adjustment 16.8 1.5 26.1 (35.1)
Unrealized gain (loss) on interest rate swaps:        
Unrealized gain (loss) arising during the period, net of tax benefits   0.6 (0.2) 0.5
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $0.7, $0.4, $1.5, and $1.1, respectively 1.2 0.6 2.3 1.7
Unrealized gain (loss) on interest rate swaps, net of tax 1.2 1.2 2.1 2.2
Other adjustments to Comprehensive Income, net 0.8 0.3 (3.2) (1.2)
Other Comprehensive Income (Loss), Net of Taxes 18.8 3.0 25.0 (34.1)
Comprehensive Income 92.7 65.5 166.8 86.4
Less: Comprehensive income attributable to non-controlling interests 0.9 0.4 1.1 1.3
Comprehensive income attributable to Penske Automotive Group common stockholders $ 91.8 $ 65.1 $ 165.7 $ 85.1