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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 2,803.8 $ 2,849.7
Cost of sales:    
Total cost of sales 2,342.9 2,399.0
Gross profit 460.9 450.7
Asset impairments 0.0 0.5
Selling, general and administrative 346.0 321.8
Depreciation and amortization 22.0 19.8
Operating income 92.9 108.6
Floor plan interest expense (14.0) (18.1)
Other interest expense, net (17.0) (15.3)
Other income, net 2.3 2.6
Income before income taxes 64.2 77.8
Income tax provision (18.0) (21.4)
Net income $ 46.2 $ 56.4
Basic net income per share (in dollars per share) $ 1.99 $ 2.43
Shares used in basic per share calculations (in shares) 23.3 23.2
Diluted net income per share (in dollars per share) $ 1.97 $ 2.42
Shares used in diluted per share calculations (in shares) 23.5 23.2
Cash dividends paid per Class A and Class B share (in dollars per share) $ 0.30 $ 0.29
New vehicle retail    
Revenues:    
Total revenues $ 1,373.5 $ 1,461.1
Cost of sales:    
Total cost of sales 1,295.3 1,375.2
Used vehicle retail    
Revenues:    
Total revenues 874.4 827.9
Cost of sales:    
Total cost of sales 784.4 743.3
Used vehicle wholesale    
Revenues:    
Total revenues 66.7 77.4
Cost of sales:    
Total cost of sales 66.1 76.5
Finance and insurance    
Revenues:    
Total revenues 121.9 117.5
Service, body and parts    
Revenues:    
Total revenues 329.9 317.4
Cost of sales:    
Total cost of sales 161.8 157.9
Fleet and other    
Revenues:    
Total revenues 37.4 48.4
Cost of sales:    
Total cost of sales $ 35.3 $ 46.1