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Summary of Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Summary of Quarterly Financial Data (Unaudited)  
Summary of Quarterly Financial Data (Unaudited)

19. Summary of Quarterly Financial Data (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

2018 (1)(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

5,746.9

 

$

5,940.3

 

$

5,658.6

 

$

5,439.3

 

Gross profit

 

 

864.4

 

 

889.8

 

 

852.6

 

 

808.1

 

Income from continuing operations

 

 

107.7

 

 

135.2

 

 

130.0

 

 

96.9

 

Net income

 

 

107.8

 

 

135.2

 

 

130.1

 

 

97.2

 

Net income attributable to Penske Automotive Group common stockholders

 

 

108.1

 

 

134.6

 

 

130.2

 

 

98.1

 

Diluted earnings per share attributable to Penske Automotive Group common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations per share

 

$

1.26

 

$

1.58

 

$

1.53

 

$

1.15

 

Net income per share

 

$

1.26

 

$

1.58

 

$

1.53

 

$

1.16

 

2017 (1)(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

5,081.1

 

$

5,383.4

 

$

5,524.4

 

$

5,398.0

 

Gross profit

 

 

774.3

 

 

817.3

 

 

822.6

 

 

808.3

 

Income from continuing operations

 

 

83.6

 

 

106.7

 

 

94.2

 

 

328.5

 

Net income

 

 

83.0

 

 

106.9

 

 

94.3

 

 

328.6

 

Net income attributable to Penske Automotive Group common stockholders

 

 

82.6

 

 

106.2

 

 

94.4

 

 

330.1

 

Diluted earnings per share attributable to Penske Automotive Group common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations per share

 

$

0.97

 

$

1.23

 

$

1.10

 

$

3.85

 

Net income per share

 

$

0.96

 

$

1.23

 

$

1.10

 

$

3.85

 

 

                                                 

(1)

As discussed in Note 5, 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.