Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Components of Property and Equipment, Net

Property and equipment, net consists of the following:

	March 31, 2019		December 31, 2018
	(In thousands)
Land	$	386,518	$	381,527
Building and improvements (1)	952,333		989,872
Software and computer equipment	119,138		116,348
Parts and service equipment	107,320		108,040
Office equipment and fixtures	97,355		96,622
Company vehicles	9,153		9,139
Construction in progress	58,711		59,523
Total, at cost	1,730,528		1,761,071
Less accumulated depreciation	(570,412)		(575,720)
Subtotal	1,160,116		1,185,351
Less assets held for sale (2)	(22,543)		(6,862)
Property and equipment, net	$	1,137,573	$	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 sheets.

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