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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 197,058 $ 182,999 $ 138,720
Adjustments to reconcile net income to net cash provided by operating activities:      
Asset impairments 13,992 20,124 1,853
Depreciation and amortization 49,369 41,600 26,363
Stock-based compensation 11,047 11,871 7,436
(Gain) loss on disposal of other assets (4,343) 203 270
Gain from disposal activities (1,102) (5,919) (5,744)
Deferred income taxes 10,138 12,341 13,355
Excess tax benefit from share-based payment arrangements (4,389) (5,012) (6,186)
(Increase) decrease (net of acquisitions and dispositions):      
Trade receivables, net (105,961) (13,047) (59,474)
Inventories (168,847) (197,079) (76,002)
Other assets (13,305) (31,290) (30,534)
Increase (decrease) (net of acquisitions and dispositions):      
Floor plan notes payable 16,385 7,035 (647)
Trade payables 16,449 674 (3,105)
Accrued liabilities 42,852 16,273 (13,471)
Other long-term liabilities and deferred revenue 27,173 33,766 38,133
Net cash provided by operating activities 86,516 74,539 30,967
Cash flows from investing activities:      
Principal payments received on notes receivable 2,882
Capital expenditures (100,761) (83,244) (85,983)
Proceeds from sales of assets 2,211 270 4,896
Cash paid for other investments (30,280) (28,110) (9,110)
Cash paid for acquisitions, net of cash acquired (234,700) (71,615) (659,634)
Proceeds from sales of stores 11,837 12,966 10,617
Net cash used in investing activities (351,693) (169,733) (736,332)
Cash flows from financing activities:      
Borrowings on floor plan notes payable: non-trade, net 252,893 136,201 440,341
Borrowings on lines of credit 1,244,343 1,261,597 1,435,144
Repayments on lines of credit (1,123,082) (1,298,120) (1,251,375)
Proceeds from issuance of long-term debt 66,466 75,675 124,902
Proceeds from issuance of common stock 6,932 6,065 4,590
Repurchase of common stock (112,939) (31,548) (22,968)
Excess tax benefit from share-based payment arrangements 4,389 5,012 6,186
Dividends paid (24,131) (19,985) (15,929)
Net cash provided by financing activities 270,451 110,304 711,577
Increase in cash and cash equivalents 5,274 15,110 6,212
Cash and cash equivalents at beginning of year 45,008 29,898 23,686
Cash and cash equivalents at end of year 50,282 45,008 29,898
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 49,730 41,098 24,610
Cash paid during the period for income taxes, net 57,236 86,533 63,827
Supplemental schedule of non-cash activities:      
Debt issued in connection with acquisitions 2,160 55,693
Non-cash assets transferred in connection with acquisitions 2,637
Forgiven outstanding notes receivable 1,374  
Debt assumed in connection with acquisitions 48,081
Acquisition of assets with capital leases 8,916
Floor plan debt paid in connection with store disposals 5,284 4,400 3,311
Scheduled Payments [Member]      
Cash flows from financing activities:      
Principal payments on long-term debt, scheduled (16,717) (15,404) (9,314)
Other Payments [Member]      
Cash flows from financing activities:      
Principal payments on long-term debt, scheduled $ (27,703) $ (9,189)