XML 66 R63.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Financial Information Condensed Consolidated Cash Flow (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities $ 230,868 $ 271,836    
Cash paid in acquisitions, net of cash received (212,252) (309,257)    
Proceeds from disposition of franchises, property and equipment 9,684 138,800    
Purchases of property and equipment, including real estate (78,339) (91,345)    
Other 6,047 (5,832)    
Net cash used in investing activities (274,860) (267,634)    
Borrowings on credit facility - floorplan line and other 5,529,338 6,047,392    
Repayments on credit facility - floorplan line and other (5,479,152) (6,086,414)    
Borrowings on credit facility - acquisition line 584,643 314,963    
Repayment on credit facility - acquisition line (515,944) (374,989)    
Borrowings On Real Estate Credit Facility 0 200    
Principal Payments On Real Estate Credit Facility (2,505) (9,081)    
Proceeds from Issuance of Unsecured Debt 0 539,600    
Payments of Debt Issuance Costs 0 1,881    
Repayments of 3.00% Convertible Notes 0 260,074    
Proceeds from call options and warrants related to 3.00% Notes 0 32,697    
Repayments of 2.25% Convertible Notes 0 (182,756)    
Borrowings on other debt 33,375 78,710    
Principal payments on other debt (42,929) (70,267)    
Borrowings on debt related to real estate 22,430 65,628    
Principal payments on debt related to real estate (18,536) (39,024)    
Employee stock purchase plan purchases, net of employee tax withholdings (789) 187    
Repurchases of common stock, amounts based on settlement date (66,746) (16,947)    
Tax effect from stock-based compensation 1,827 1,145    
Dividends paid (14,781) (12,291)    
Borrowings (repayments) with subsidiaries 0 0    
Investment in subsidiaries 0 0    
Distributions to parent   0    
Net cash provided by (used in) financing activities 30,231 26,798    
Effect of Exchange Rate on Cash and Cash Equivalents (5,246) (563)    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (19,007) 30,437    
Cash and cash equivalents 21,968 50,652 $ 40,975 $ 20,215
Parent Company [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 127,385 74,327    
Cash paid in acquisitions, net of cash received 0 0    
Proceeds from disposition of franchises, property and equipment 0 0    
Purchases of property and equipment, including real estate 0 0    
Other 0 0    
Net cash used in investing activities 0 0    
Borrowings on credit facility - floorplan line and other 0 0    
Repayments on credit facility - floorplan line and other 0 0    
Borrowings on credit facility - acquisition line 584,643 314,963    
Repayment on credit facility - acquisition line (515,944) (374,989)    
Borrowings On Real Estate Credit Facility   0    
Principal Payments On Real Estate Credit Facility 0 0    
Proceeds from Issuance of Unsecured Debt   539,600    
Payments of Debt Issuance Costs   1,881    
Repayments of 3.00% Convertible Notes   260,074    
Proceeds from call options and warrants related to 3.00% Notes   32,697    
Repayments of 2.25% Convertible Notes   (182,756)    
Borrowings on other debt 0 0    
Principal payments on other debt 0 0    
Borrowings on debt related to real estate 0 0    
Principal payments on debt related to real estate 0 0    
Employee stock purchase plan purchases, net of employee tax withholdings (789) 187    
Repurchases of common stock, amounts based on settlement date (66,746) (16,947)    
Tax effect from stock-based compensation 0 0    
Dividends paid (14,781) (12,291)    
Borrowings (repayments) with subsidiaries 85,465 87,136    
Investment in subsidiaries (199,233) (199,972)    
Distributions to parent   0    
Net cash provided by (used in) financing activities (127,385) (74,327)    
Effect of Exchange Rate on Cash and Cash Equivalents 0 26    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 0 26    
Cash and cash equivalents 0 26 0 0
Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 93,518 204,887    
Cash paid in acquisitions, net of cash received (212,252) (306,467)    
Proceeds from disposition of franchises, property and equipment 8,986 138,546    
Purchases of property and equipment, including real estate (61,052) (85,239)    
Other 6,047 (5,832)    
Net cash used in investing activities (258,271) (258,992)    
Borrowings on credit facility - floorplan line and other 5,529,338 6,047,392    
Repayments on credit facility - floorplan line and other (5,479,152) (6,086,414)    
Borrowings on credit facility - acquisition line 0 0    
Repayment on credit facility - acquisition line 0 0    
Borrowings On Real Estate Credit Facility   200    
Principal Payments On Real Estate Credit Facility (2,505) (9,081)    
Proceeds from Issuance of Unsecured Debt   0    
Payments of Debt Issuance Costs   0    
Repayments of 3.00% Convertible Notes   0    
Proceeds from call options and warrants related to 3.00% Notes   0    
Repayments of 2.25% Convertible Notes   0    
Borrowings on other debt 460 0    
Principal payments on other debt (1,157) 0    
Borrowings on debt related to real estate 0 52,279    
Principal payments on debt related to real estate (15,843) (29,458)    
Employee stock purchase plan purchases, net of employee tax withholdings 0 0    
Repurchases of common stock, amounts based on settlement date 0 0    
Tax effect from stock-based compensation 1,827 1,145    
Dividends paid 0 0    
Borrowings (repayments) with subsidiaries (73,365) (94,311)    
Investment in subsidiaries 184,168 200,094    
Distributions to parent   2,118    
Net cash provided by (used in) financing activities 143,771 83,964    
Effect of Exchange Rate on Cash and Cash Equivalents 0 0    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (20,982) 29,859    
Cash and cash equivalents 4,397 34,165 25,379 4,306
Non-Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 9,965 (7,378)    
Cash paid in acquisitions, net of cash received 0 (2,790)    
Proceeds from disposition of franchises, property and equipment 698 254    
Purchases of property and equipment, including real estate (17,287) (6,106)    
Other 0 0    
Net cash used in investing activities (16,589) (8,642)    
Borrowings on credit facility - floorplan line and other 0 0    
Repayments on credit facility - floorplan line and other 0 0    
Borrowings on credit facility - acquisition line 0 0    
Repayment on credit facility - acquisition line 0 0    
Borrowings On Real Estate Credit Facility   0    
Principal Payments On Real Estate Credit Facility 0 0    
Proceeds from Issuance of Unsecured Debt   0    
Payments of Debt Issuance Costs   0    
Repayments of 3.00% Convertible Notes   0    
Proceeds from call options and warrants related to 3.00% Notes   0    
Repayments of 2.25% Convertible Notes   0    
Borrowings on other debt 32,915 78,710    
Principal payments on other debt (41,772) (70,267)    
Borrowings on debt related to real estate 22,430 13,349    
Principal payments on debt related to real estate (2,693) (9,566)    
Employee stock purchase plan purchases, net of employee tax withholdings 0 0    
Repurchases of common stock, amounts based on settlement date 0 0    
Tax effect from stock-based compensation 0 0    
Dividends paid 0 0    
Borrowings (repayments) with subsidiaries (12,100) 7,175    
Investment in subsidiaries 15,065 (122)    
Distributions to parent   (2,118)    
Net cash provided by (used in) financing activities 13,845 17,161    
Effect of Exchange Rate on Cash and Cash Equivalents (5,246) (589)    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,975 552    
Cash and cash equivalents 17,571 $ 16,461 15,596 $ 15,909
Consolidation, Eliminations [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Cash and cash equivalents $ 0   $ 0