Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 41,575	$ 28,787
Contracts-in-transit and vehicle receivables, net	249,706	306,433
Accounts and notes receivable, net	178,339	188,611
Inventories, net	1,721,249	1,763,293
Prepaid expenses and other current assets	80,957	42,062
Total current assets	2,271,826	2,329,186
PROPERTY AND EQUIPMENT, net	1,348,521	1,318,959
GOODWILL	945,835	913,034
INTANGIBLE FRANCHISE RIGHTS	287,366	285,632
OTHER ASSETS	33,194	24,254
Total assets	4,886,742	4,871,065
CURRENT LIABILITIES:
Floorplan notes payable - credit facility and other	1,147,892	1,240,695
Offset account related to floorplan notes payable - credit facility	(119,562)	(86,547)
Floorplan notes payable - manufacturer affiliates	404,233	397,183
Offset account related to floorplan notes payable - manufacturer affiliates	(24,500)	(22,500)
Current maturities of long-term debt and short-term financing	76,412	77,609
Current liabilities from interest rate risk management activities	682	1,996
Accounts payable	442,577	412,981
Accrued expenses	189,027	177,070
Total current liabilities	2,116,761	2,198,487
LONG-TERM DEBT, net of current maturities	1,357,998	1,318,184
DEFERRED INCOME TAXES	138,478	124,404
LIABILITIES FROM INTEREST RATE RISK MANAGEMENT ACTIVITIES	1,597	8,583
OTHER LIABILITIES	99,296	97,125
STOCKHOLDERS’ EQUITY:
Common stock, $0.01 par value, 50,000 shares authorized; 25,511 and 25,515 issued, respectively	255	255
Additional paid-in capital	288,492	291,461
Retained earnings	1,339,185	1,246,323
Accumulated other comprehensive loss	(126,358)	(123,226)
Treasury stock, at cost; 5,150 and 4,617 shares, respectively	(328,962)	(290,531)
Total stockholders’ equity	1,172,612	1,124,282
Total liabilities and stockholders’ equity	$ 4,886,742	$ 4,871,065