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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2020
Dec. 29, 2019
Current assets    
Cash and cash equivalents $ 187.0 $ 47.1
Accounts receivable, net of allowances of $7.3 and $4.2 274.4 335.9
Prepaid consigned vehicle charges 41.2 50.1
Other current assets 22.0 26.9
Total current assets 524.6 460.0
Non-current assets    
Operating lease right-of-use assets, net of accumulated amortization of $117.9 and $75.2 809.9 735.9
Property and equipment, net of accumulated depreciation of $459.6 and $438.3 236.2 246.9
Goodwill 539.2 541.3
Intangible assets, net of accumulated amortization of $484.3 and $465.9 147.0 151.7
Other assets 16.6 15.4
Total non-current assets 1,748.9 1,691.2
Total assets 2,273.5 2,151.2
Current liabilities    
Accounts payable 74.1 96.4
Short-term right-of-use operating lease liability 76.0 68.6
Accrued employee benefits and compensation expenses 14.1 29.4
Other accrued expenses 67.5 49.3
Total current liabilities 231.7 243.7
Non-current liabilities    
Long-term debt 1,250.0 1,254.7
Long-term right-of-use operating lease liability 778.3 709.5
Deferred income tax liabilities 62.1 63.7
Other liabilities 18.8 16.8
Total non-current liabilities 2,109.2 2,044.7
Commitments and contingencies
Stockholders' deficit    
Preferred stock, $0.01 par value: Authorized, 150.0 shares; issued and outstanding, none 0.0 0.0
Common stock, $0.01 par value: Authorized, 750.0 shares; issued and outstanding, 134.0 shares at June 28, 2020 and 133.6 shares at December 29, 2019 1.3 1.3
Additional paid-in capital 1.1 3.5
Accumulated deficit (49.2) (127.1)
Accumulated other comprehensive loss (20.6) (14.9)
Total stockholders' deficit (67.4) (137.2)
Total liabilities and stockholders' deficit $ 2,273.5 $ 2,151.2