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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 17,687 $ 20,215
Contracts-in-transit and vehicle receivables, net 208,461 225,156
Accounts, Notes, Loans and Financing Receivable, Net, Current 131,494 135,058
Inventories, net 1,537,112 1,542,318
Deferred income taxes 18,262 21,150
Prepaid expenses and other current assets 23,257 24,041
Total current assets 1,936,273 1,967,938
PROPERTY AND EQUIPMENT, net 827,121 796,356
GOODWILL 747,091 737,303
INTANGIBLE FRANCHISE RIGHTS 301,174 301,505
OTHER ASSETS 14,278 16,376
Total assets 3,825,937 3,819,478
CURRENT LIABILITIES:    
Floorplan notes payable - credit facility and other 1,108,849 1,143,104
Offset account related to floorplan notes payable - credit facility (33,646) (56,198)
Floorplan notes payable - manufacturer affiliates 314,976 346,572
Current maturities of long-term debt and short-term financing 29,967 36,225
Accounts payable 280,454 254,930
Accrued expenses 150,319 140,543
Total current liabilities 1,850,919 1,865,176
LONG-TERM DEBT, net of current maturities 665,042 663,689
DEFERRED INCOME TAXES 150,009 152,291
LIABILITIES FROM INTEREST RATE RISK MANAGEMENT ACTIVITIES 25,661 26,078
OTHER LIABILITIES 49,052 47,975
COMMITMENTS AND CONTINGENCIES (NOTE 11)      
TEMPORARY EQUITY - Redeemable equity portion of the 3.00% Convertible Senior Notes 28,194 29,094
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 1,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value, 50,000 shares authorized; 25,801 and 25,746 issued, respectively 258 257
Additional paid-in capital 368,728 368,641
Retained earnings 803,302 776,101
Accumulated other comprehensive loss (44,242) (51,677)
Treasury stock, at cost; 1,588 and 1,432 shares, respectively (70,986) (58,147)
Total stockholders’ equity 1,057,060 1,035,175
Total liabilities and stockholders’ equity $ 3,825,937 $ 3,819,478