Acquisitions (Tables)

9 Months Ended

Sep. 30, 2023

Assets Of Multiple Dealership Locations Acquired

Acquisitions

Summary of the purchase price allocations

	Nine Months Ended September 30,
($ in thousands)	2023		2022
Tangible assets (liabilities) acquired (assumed):
Accounts receivable, net	$	—	$	(68)
Inventories, net		83,939		30,828
Prepaid expenses and other assets		163		48
Property and equipment, net		1,147		206
Operating lease assets		916		739
Customer deposits		—		(77)
Accrued liabilities		(6)		75
Current portion of operating lease liabilities		(208)		(235)
Other current liabilities		(484)		—
Operating lease liabilities, net of current portion		(708)		(504)
Total tangible net assets acquired		84,759		31,012
Total intangible assets acquired		—		2,632
Goodwill		65,716		49,583
Cash paid for acquisitions, net of cash acquired		150,475		83,227
Inventory purchases financed via floor plan		(70,568)		(19,971)
Cash payment net of floor plan financing	$	79,907	$	63,256