XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Sales revenue $ 758,894 $ 582,857
Cost of revenue 631,023 481,261
Gross profit 127,871 101,596
Asset impairments 115 382
Selling, general and administrative 91,590 77,134
Operating income 31,967 19,988
Floor plan interest expense (2,950) (2,462)
Other interest expense (2,747) (3,292)
Other income, net 499 77
Income from continuing operations before income taxes 26,769 14,311
Income tax provision (9,973) (5,923)
Income from continuing operations, net of income tax 16,796 8,388
Income from discontinued operations, net of income tax   317
Net income 16,796 8,705
Basic income per share from continuing operations (in Dollars per share) $ 0.65 $ 0.32
Basic income per share from discontinued operations (in Dollars per share)   $ 0.01
Basic net income per share (in Dollars per share) $ 0.65 $ 0.33
Shares used in basic per share calculations (in Shares) 25,986 26,341
Diluted income per share from continuing operations (in Dollars per share) $ 0.63 $ 0.31
Diluted income per share from discontinued operations (in Dollars per share)   $ 0.02
Diluted net income per share (in Dollars per share) $ 0.63 $ 0.33
Shares used in diluted per share calculations (in Shares) 26,478 26,694
New Vehicle [Member]
   
Sales revenue 404,288 300,640
Cost of revenue 373,162 278,034
Used Vehicle Retail [Member]
   
Sales revenue 195,421 156,478
Cost of revenue 166,507 133,494
Used Vehicle Wholesale [Member]
   
Sales revenue 34,336 29,537
Cost of revenue 33,918 29,138
Finance And Insurance [Member]
   
Sales revenue 25,420 19,299
Service, Body And Parts [Member]
   
Sales revenue 86,448 73,761
Cost of revenue 44,855 38,000
Fleet And Other [Member]
   
Sales revenue 12,981 3,142
Cost of revenue 12,581 2,595
Segment, Continuing Operations [Member]
   
Depreciation and amortization $ 4,199 $ 4,092