Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Assets Of Multiple Dealership Locations Acquired

Acquisitions

Summary of the purchase price allocations

	Nine Months Ended September 30,
($ in thousands)	2022		2021
Tangible assets (liabilities) acquired (assumed):
Accounts receivable, net	$	(68)	$	615
Inventories, net		30,828		27,386
Prepaid expenses and other assets		48		126
Property and equipment, net		206		1,348
Operating lease assets		739		1,222
Customer deposits		(77)		(1,437)
Accrued liabilities		75		1,281
Current portion of operating lease liabilities		(235)		(195)
Operating lease liabilities, net of current portion		(504)		(1,027)
Total tangible net assets acquired		31,012		29,319
Total intangible assets acquired		2,632		—
Goodwill		49,583		70,430
Cash paid for acquisitions, net of cash acquired		83,227		99,749
Inventory purchases financed via floor plan		(19,971)		(19,537)
Cash payment net of floor plan financing	$	63,256	$	80,212