XML 62 R45.htm IDEA: XBRL DOCUMENT v3.22.4
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Assets Of Multiple Dealership Locations Acquired  
Acquisitions  
Summary of the purchase price allocations

Year Ended December 31, 

($ in thousands)

    

2022

    

2021

Tangible assets (liabilities) acquired (assumed):

Accounts receivable, net

$

(68)

$

601

Inventories, net

75,766

27,746

Prepaid expenses and other assets

207

125

Property and equipment, net

583

1,348

Operating lease assets

1,558

1,222

Accrued liabilities

(687)

(214)

Current portion of operating lease liabilities

(500)

(195)

Other current liabilities

(188)

Operating lease liabilities, net of current portion

(1,058)

(1,027)

Total tangible net assets acquired

75,613

29,606

Total intangible assets acquired

2,632

Goodwill

138,789

70,511

Cash paid for acquisitions, net of cash acquired

217,034

100,117

Inventory purchases financed via floor plan

(59,935)

(19,537)

Cash payment net of floor plan financing

$

157,099

$

80,580