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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 29, 2019
Dec. 30, 2018
Current assets    
Cash and cash equivalents $ 47.1 $ 48.3
Accounts receivable, net 335.9 311.0
Prepaid consigned vehicle charges 50.1 48.5
Other current assets 26.9 34.0
Total current assets 460.0 441.8
Non-current assets    
Operating lease right-of-use assets, net 735.9  
Property and equipment, net 246.9 345.2
Goodwill 541.3 530.2
Intangible assets, net 151.7 160.9
Other assets 15.4 10.4
Total non-current assets 1,691.2 1,046.7
Total assets 2,151.2 1,488.5
Current liabilities    
Accounts payable 96.4 129.0
Short-term right-of-use operating lease liability 68.6  
Accrued employee benefits and compensation expenses 29.4 29.6
Other accrued expenses 49.3 44.1
Current maturities of long-term debt 0.0 456.6
Total current liabilities 243.7 659.3
Non-current liabilities    
Long-term debt 1,254.7 0.0
Long-term right-of-use operating lease liability 709.5  
Deferred income tax liabilities 63.7 63.1
Other liabilities 16.8 16.1
Deferred rent   186.8
Total non-current liabilities 2,044.7 266.0
Commitments and contingencies (Note 14)
Stockholders' (deficit) equity    
Preferred stock, $0.01 par value: Authorized 150.0 shares and 0.0 shares; issued and outstanding: 0.0 shares and 0.0 shares, respectively 0.0 0.0
Common stock, $0.01 par value: Authorized 750.0 shares and 0.0 shares; issued and outstanding: 133.6 shares and 0.0 shares, respectively 1.3 0.0
Additional paid-in capital 3.5 0.0
Accumulated deficit (127.1) 0.0
Accumulated other comprehensive loss (14.9) (13.0)
Net parent investment 0.0 576.2
Total stockholders' (deficit) equity (137.2) 563.2
Total liabilities and stockholders' (deficit) equity $ 2,151.2 $ 1,488.5