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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 650.7 $ 576.2
Restricted cash 139.4 171.7
Trade and other receivables, net of allowance for credit losses of $8.4 and $6.4, respectively 736.3 731.5
Prepaid consigned vehicle charges 60.7 66.9
Inventory 163.9 166.5
Other current assets 82.4 91.2
Income taxes receivable 25.4 10.0
Total current assets 1,858.8 1,814.0
Property, plant and equipment, net 1,259.5 1,200.9
Operating lease right-of-use assets 1,431.9 1,475.5
Other non-current assets 96.7 85.6
Intangible assets, net 2,736.5 2,914.1
Goodwill 4,537.1 4,537.0
Deferred tax assets 11.5 10.3
Total assets 11,932.0 12,037.4
Current liabilities:    
Auction proceeds payable 546.7 502.5
Trade and other liabilities 740.9 685.8
Current operating lease liabilities 116.4 118.0
Income taxes payable 9.3 8.5
Short-term debt 31.4 13.7
Current portion of long-term debt 4.4 14.2
Total current liabilities 1,449.1 1,342.7
Long-term operating lease liabilities 1,326.2 1,354.3
Long-term debt 2,724.9 3,061.6
Other non-current liabilities 90.6 86.7
Deferred tax liabilities 639.5 682.7
Total liabilities 6,230.3 6,528.0
Temporary equity:    
Series A Senior Preferred Shares; shares authorized, issued and outstanding: 485,000,000 (December 31, 2023: 485,000,000) 482.0 482.0
Redeemable non-controlling interest 8.2 8.4
Stockholders' equity:    
Senior preferred and junior preferred stock, unlimited shares authorized; shares issued and outstanding, other than Series A Senior Preferred Shares: nil (December 31, 2023: nil) 0.0 0.0
Common stock, no par value, unlimited shares authorized; shares issued and outstanding: 184,407,685 (December 31, 2023: 182,843,942) 4,140.5 4,054.2
Additional paid-in capital 85.2 88.0
Retained earnings 1,034.4 918.5
Accumulated other comprehensive loss (51.0) (44.0)
Stockholders' equity 5,209.1 5,016.7
Non-controlling interests 2.4 2.3
Total stockholders' equity 5,211.5 5,019.0
Total liabilities, temporary equity and stockholders' equity $ 11,932.0 $ 12,037.4