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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)

Value of Initial Fixed $100

Investment Based on:

Average

Summary

Summary

Average

Peer Group

Compensation

Compensation

Compensation

Compensation

Total

Total

Table Total for

Actually Paid to

Table Total for

Actually Paid to

Shareholder

Shareholder

Adjusted

PEO

PEO

Non-PEO NEOs

Non-PEO NEOs

Return

Return

Net Income

EBITDA

Year

($)

($)(1)

($)

($)(1)

($)

($)(2)

($)

($)(3)

2022

    

11,192

    

11,192

    

1,399,769

    

(736,820)

    

184.85

    

112.44

    

351,031,000

    

653,390,000

2021

 

20,011,035

 

20,011,035

 

3,077,543

 

5,361,043

 

306.20

 

172.56

 

642,075,000

 

942,126,000

2020

 

10,971

 

10,971

 

3,741,159

 

4,059,400

 

190.21

 

145.48

 

344,215,000

 

564,989,000

(1)

Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:

Year

    

PEO

    

Non-PEO NEOs

2022

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Matthew Wagner

2021

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Matthew Wagner

2020

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Melvin Flanigan

Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:

    

2020

    

2021

    

2022

Average Non-

Average Non-

Average Non-

Adjustments

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY

(2,479,980)

(19,999,992)

(1,310,415)

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End

 

 

1,781,691

 

 

1,336,028

 

 

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date

 

 

 

19,999,992

 

 

 

Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End

 

 

701,545

 

 

1,496,963

 

 

(1,611,923)

Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date

 

 

448,878

 

 

760,924

 

 

(524,666)

Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End

 

 

(133,893)

 

 

 

 

TOTAL ADJUSTMENTS

 

 

318,241

 

 

2,283,500

 

 

(2,136,589)

(2)

For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the S&P 500 Retailing Index.

(3)

Adjusted EBITDA is a non-GAAP measure. We define “EBITDA” as net income before other interest expense, net (excluding floor plan interest expense), provision for income tax expense and depreciation and amortization. We define “Adjusted EBITDA” as EBITDA further adjusted for the impact of certain noncash and other items that we do not consider in our evaluation of ongoing operating performance. These items include, among other things, loss and expense on debt restructure, long-lived asset impairment, lease termination costs, gains and losses on sale or disposal of assets, net, equity-based compensation, Tax Receivable Agreement liability adjustment, restructuring costs related to the 2019 Strategic Shift, and other unusual or one-time items. For a reconciliation of Adjusted EBITDA to net income, see “Non-GAAP Financial Measures” in Item 7 of Part II of our Annual Report on Form 10-K for the fiscal year ended December 31, 2022. We selected Adjusted EBITDA as the Company-Selected Measure due to it being an important financial performance measure that helps link compensation actually paid to the Company’s NEOs to the

Company’s performance for the most recently completed fiscal year. Specifically, Adjusted EBITDA is used to evaluate performance under the Company’s annual performance-based cash incentive program.

   
Company Selected Measure Name Adjusted EBITDA    
Named Executive Officers, Footnote [Text Block]

(1)

Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:

Year

    

PEO

    

Non-PEO NEOs

2022

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Matthew Wagner

2021

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Matthew Wagner

2020

Marcus A. Lemonis

Karin L. Bell, Brent L. Moody, Tamara Ward and Melvin Flanigan

   
Peer Group Issuers, Footnote [Text Block]

(2)

For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the S&P 500 Retailing Index.

   
PEO Total Compensation Amount $ 11,192 $ 20,011,035 $ 10,971
PEO Actually Paid Compensation Amount $ 11,192 20,011,035 10,971
Adjustment To PEO Compensation, Footnote [Text Block]

Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:

    

2020

    

2021

    

2022

Average Non-

Average Non-

Average Non-

Adjustments

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY

(2,479,980)

(19,999,992)

(1,310,415)

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End

 

 

1,781,691

 

 

1,336,028

 

 

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date

 

 

 

19,999,992

 

 

 

Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End

 

 

701,545

 

 

1,496,963

 

 

(1,611,923)

Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date

 

 

448,878

 

 

760,924

 

 

(524,666)

Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End

 

 

(133,893)

 

 

 

 

TOTAL ADJUSTMENTS

 

 

318,241

 

 

2,283,500

 

 

(2,136,589)

   
Non-PEO NEO Average Total Compensation Amount $ 1,399,769 3,077,543 3,741,159
Non-PEO NEO Average Compensation Actually Paid Amount $ (736,820) 5,361,043 4,059,400
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:

    

2020

    

2021

    

2022

Average Non-

Average Non-

Average Non-

Adjustments

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

  

  

PEO

  

  

PEO NEOs

Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY

(2,479,980)

(19,999,992)

(1,310,415)

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End

 

 

1,781,691

 

 

1,336,028

 

 

Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date

 

 

 

19,999,992

 

 

 

Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End

 

 

701,545

 

 

1,496,963

 

 

(1,611,923)

Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date

 

 

448,878

 

 

760,924

 

 

(524,666)

Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End

 

 

(133,893)

 

 

 

 

TOTAL ADJUSTMENTS

 

 

318,241

 

 

2,283,500

 

 

(2,136,589)

   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Relationship Between Financial Performance Measures

The graphs below compare the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (i) our cumulative TSR, as well as the relationship between our TSR and the Peer Group TSR, (ii) our net income, and (iii) our Adjusted EBITDA, in each case, for the fiscal years ended December 31, 2020, 2021 and 2022.

TSR amounts reported in the graph assume an initial fixed investment of $100, and that all dividends, if any, were reinvested.

Graphic

   
Compensation Actually Paid vs. Net Income [Text Block]

Relationship Between Financial Performance Measures

The graphs below compare the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (i) our cumulative TSR, as well as the relationship between our TSR and the Peer Group TSR, (ii) our net income, and (iii) our Adjusted EBITDA, in each case, for the fiscal years ended December 31, 2020, 2021 and 2022.

TSR amounts reported in the graph assume an initial fixed investment of $100, and that all dividends, if any, were reinvested.

Graphic

   
Compensation Actually Paid vs. Company Selected Measure [Text Block]

Relationship Between Financial Performance Measures

The graphs below compare the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (i) our cumulative TSR, as well as the relationship between our TSR and the Peer Group TSR, (ii) our net income, and (iii) our Adjusted EBITDA, in each case, for the fiscal years ended December 31, 2020, 2021 and 2022.

TSR amounts reported in the graph assume an initial fixed investment of $100, and that all dividends, if any, were reinvested.

Graphic

   
Total Shareholder Return Vs Peer Group [Text Block]

Relationship Between Financial Performance Measures

The graphs below compare the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (i) our cumulative TSR, as well as the relationship between our TSR and the Peer Group TSR, (ii) our net income, and (iii) our Adjusted EBITDA, in each case, for the fiscal years ended December 31, 2020, 2021 and 2022.

TSR amounts reported in the graph assume an initial fixed investment of $100, and that all dividends, if any, were reinvested.

Graphic

   
Tabular List [Table Text Block]

Pay Versus Performance Tabular List

We believe Adjusted EBITDA represents the most important financial performance measure used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2022.

For additional details regarding our most important financial performance measure, please see the sections titled “Fiscal Year 2022 Overall Performance” and “Annual Performance-Based Cash Incentives” in our CD&A elsewhere in this Proxy Statement.

   
Total Shareholder Return Amount $ 184.85 306.20 190.21
Peer Group Total Shareholder Return Amount 112.44 172.56 145.48
Net Income (Loss) $ 351,031,000 $ 642,075,000 $ 344,215,000
Company Selected Measure Amount 653,390,000 942,126,000 564,989,000
PEO Name Marcus A. Lemonis    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Non-GAAP Measure Description [Text Block]

(3)

Adjusted EBITDA is a non-GAAP measure. We define “EBITDA” as net income before other interest expense, net (excluding floor plan interest expense), provision for income tax expense and depreciation and amortization. We define “Adjusted EBITDA” as EBITDA further adjusted for the impact of certain noncash and other items that we do not consider in our evaluation of ongoing operating performance. These items include, among other things, loss and expense on debt restructure, long-lived asset impairment, lease termination costs, gains and losses on sale or disposal of assets, net, equity-based compensation, Tax Receivable Agreement liability adjustment, restructuring costs related to the 2019 Strategic Shift, and other unusual or one-time items. For a reconciliation of Adjusted EBITDA to net income, see “Non-GAAP Financial Measures” in Item 7 of Part II of our Annual Report on Form 10-K for the fiscal year ended December 31, 2022. We selected Adjusted EBITDA as the Company-Selected Measure due to it being an important financial performance measure that helps link compensation actually paid to the Company’s NEOs to the

Company’s performance for the most recently completed fiscal year. Specifically, Adjusted EBITDA is used to evaluate performance under the Company’s annual performance-based cash incentive program.

   
PEO [Member] | Deduction for Amounts Reported under the "Stock Awards" and "Option Awards" Columns in the Summary Compensation Table for Applicable FY      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   $ (19,999,992)  
PEO [Member] | Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   19,999,992  
Non-PEO NEO [Member] | Deduction for Amounts Reported under the "Stock Awards" and "Option Awards" Columns in the Summary Compensation Table for Applicable FY      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   (1,310,415) $ (2,479,980)
Non-PEO NEO [Member] | Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   1,336,028 1,781,691
Non-PEO NEO [Member] | Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,611,923) 1,496,963 701,545
Non-PEO NEO [Member] | Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (524,666) 760,924 448,878
Non-PEO NEO [Member] | Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     (133,893)
Non-PEO NEO [Member] | TOTAL ADJUSTMENTS      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (2,136,589) $ 2,283,500 $ 318,241