SEGMENT INFORMATION

As of September 30, 2018, the Company had three reportable segments: (1) the U.S., (2) the U.K., and (3) Brazil. Each of the reportable segments is comprised of retail automotive franchises, which sell new and used cars and light trucks; arrange related vehicle financing; sell service and insurance contracts; provide automotive maintenance and repair services; and sell vehicle parts. The vast majority of the Company's corporate activities are associated with the operations of the U.S. operating segment and, therefore, the corporate financial results are included within the U.S. reportable segment.

Reportable segment revenue, income (loss) before income taxes, (provision) benefit for income taxes and net income (loss) were as follows for the three and nine months ended September 30, 2018 and 2017:



	Three Months Ended September 30, 2018												Nine Months Ended September 30, 2018
	U.S.			U.K.			Brazil			Total			U.S.			U.K.			Brazil			Total
	(In thousands)												(In thousands)
Total revenues	$	2,200,230		$	585,936		$	102,892		$	2,889,058		$	6,456,717		$	1,913,361		$	322,468		$	8,692,546
Income (loss) before income taxes	43,415			2,663			(1,713		)	44,365			152,867			14,416			(1,563		)	165,720
Provision for income taxes	(9,061		)	(366		)	(160		)	(9,587		)	(35,821		)	(2,131		)	(714		)	(38,666		)
Net income (loss) ⁽¹⁾	34,354			2,297			(1,873		)	34,778			117,046			12,285			(2,277		)	127,054



	Three Months Ended September 30, 2017											Nine Months Ended September 30, 2017
	U.S.			U.K.			Brazil		Total			U.S.			U.K.			Brazil		Total
	(In thousands)											(In thousands)
Total revenues ⁽²⁾	$	2,301,959		$	590,726		$	119,607	$	3,012,292		$	6,393,368		$	1,478,156		$	331,792	$	8,203,316
Income before income taxes	41,133			5,435			575		47,143			142,808			15,745			1,476		160,029
(Provision) benefit for income taxes	(16,258		)	(1,105		)	101		(17,262		)	(54,301		)	(2,781		)	6		(57,076		)
Net income ⁽³⁾	24,875			4,330			676		29,881			88,507			12,964			1,482		102,953

⁽¹⁾Includes the following, after tax: gain of $4.1 million and $19.3 million on real estate and dealership transactions, for the three and nine months ended September 30, 2018, respectively, in the U.S. segment; loss of $17.7 million and $20.8 million for non-cash asset impairments for the three and nine months ended September 30, 2018 , respectively, in the U.S. segment; gain of $1.1 million and a loss of $0.4 million for legal settlements for the three and nine months ended September 30, 2018, respectively, in the U.S. segment; a loss of $4.4 million due to catastrophic events, for the nine months ended September 30, 2018 in the U.S. segment; and loss of $2.6 million and $3.1 million for legal settlements for the three and nine months ended September 30, 2018, respectively, in the Brazil segment.

⁽²⁾ Includes the impact of chargeback reserves for finance and insurance revenues associated with catastrophic events of $6.6 million for the three and nine months ended September 30, 2017, in the U.S. segment.

⁽³⁾ Includes the following, after tax: loss due to catastrophic events of $9.0 million and $9.4 million, inclusive of the finance and insurance chargeback reserve noted above, for the three and nine months ended September 30, 2017, respectively, in the U.S. segment and asset impairment charges of $5.9 million for the three and nine months ended September 30, 2017 in the U.S segment.

Reportable segment total assets as of September 30, 2018 and December 31, 2017, were as follows:



	As of September 30, 2018
	U.S.		U.K.		Brazil		Total
	(In thousands)
Total assets	$	3,977,995	$	779,293	$	123,578	$	4,880,866



	As of December 31, 2017
	U.S.		U.K.		Brazil		Total
	(In thousands)
Total assets	$	4,087,039	$	654,154	$	129,872	$	4,871,065