XML 34 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED CONDENSED STATEMENT OF EQUITY - USD ($)
$ in Millions
Total Penske Automotive Group Stockholders' Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest
Total
Balance at Dec. 31, 2012 $ 1,304.2   $ 700.0 $ 611.0 $ (6.8) $ 12.1 $ 1,316.3
Balance (in shares) at Dec. 31, 2012   90,294,765          
Increase (decrease) in stockholders' equity              
Equity compensation 9.2   9.2       9.2
Equity compensation (in shares)   456,784          
Repurchases of common stock (15.8)   (15.8)       (15.8)
Repurchases of common stock (in shares)   (507,818)          
Dividends (56.0)     (56.0)     (56.0)
Distributions to non-controlling interests           (1.3) (1.3)
Sale of subsidiary shares to non-controlling interest 0.2   0.2     4.3 4.5
Deconsolidation of Italian investment           (8.3) (8.3)
Reconsolidation of Italian investment           8.9 8.9
Foreign currency translation 11.0       11.0 0.5 11.5
Interest rate swaps 4.0       4.0   4.0
Other 3.4       3.4   3.4
Net income 244.2     244.2   1.5 245.7
Balance at Dec. 31, 2013 1,504.4   693.6 799.2 11.6 17.7 1,522.1
Balance (in shares) at Dec. 31, 2013   90,243,731          
Increase (decrease) in stockholders' equity              
Equity compensation 12.3   12.3       12.3
Equity compensation (in shares)   336,459          
Repurchases of common stock (15.5)   (15.5)       (15.5)
Repurchases of common stock (in shares)   (335,350)          
Dividends (70.5)     (70.5)     (70.5)
Purchase of controlling interest           10.2 10.2
Distributions to non-controlling interests           (1.7) (1.7)
Sale of subsidiary shares to non-controlling interest 0.3   0.3     0.1 0.4
Foreign currency translation (63.1)       (63.1) (1.3) (64.4)
Interest rate swaps 4.7       4.7   4.7
Other (6.5)       (6.5)   (6.5)
Net income 286.7     286.7   3.4 290.1
Balance at Dec. 31, 2014 1,652.8   690.7 1,015.4 (53.3) 28.4 1,681.2
Balance (in shares) at Dec. 31, 2014   90,244,840          
Increase (decrease) in stockholders' equity              
Equity compensation 14.0   14.0       14.0
Equity compensation (in shares)   290,580          
Repurchases of common stock (48.9)   (48.9)       (48.9)
Repurchases of common stock (in shares)   (1,010,696)          
Dividends (84.8)     (84.8)     (84.8)
Purchase of controlling interest           22.5 22.5
Purchase of subsidiary shares from non-controlling interest           (6.1) (6.1)
Distributions to non-controlling interests           (3.8) (3.8)
Sale of subsidiary shares to non-controlling interest 0.2   0.2     0.5 0.7
Foreign currency translation (61.8)       (61.8) (1.1) (62.9)
Other (7.4)       (7.4)   (7.4)
Net income 326.1     326.1   4.3 330.4
Balance at Dec. 31, 2015 $ 1,790.2   $ 656.0 $ 1,256.7 $ (122.5) $ 44.7 $ 1,834.9
Balance (in shares) at Dec. 31, 2015   89,524,724