Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Components of Property and Equipment, Net

Property and equipment, net consists of the following:

	September 30, 2019		December 31, 2018
	(In thousands)
Land	$	377,818	$	381,527
Building and improvements (1)	996,832		989,872
Software and computer equipment	121,436		116,348
Parts and service equipment	108,333		108,040
Office equipment and fixtures	98,181		96,622
Company vehicles	9,457		9,139
Construction in progress	43,920		59,523
Total, at cost	1,755,977		1,761,071
Less accumulated depreciation	(610,914)		(575,720)
Subtotal	1,145,063		1,185,351
Less assets held for sale (2)	(8,850)		(6,862)
Property and equipment, net	$	1,136,213	$	1,178,489

(1) As discussed in Note 1, “Summary of Significant Accounting Policies,” due to the adoption of ASC 842, “Leases,” effective January 1, 2019, previously existing capital lease assets have been reclassified from property and equipment, net to right-of-use assets in the accompanying unaudited condensed consolidated balance sheet as of September 30, 2019.

(2) Classified in other current assets in the accompanying unaudited condensed consolidated balance sheets.