XML 35 R77.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Current:      
Federal $ 146.9 $ 125.3 $ 115.4
State 25.1 21.3 19.5
Federal and state deferred 27.1 31.3 13.2
Change in valuation allowance, net 0.1 (0.2) (0.1)
Adjustments and settlements 0.3 (0.6) (2.0)
Income tax provision 199.5 177.1 146.0
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]      
Income tax provision at statutory rate 180.9 161.4 133.4
Non-deductible expenses (income), net (0.2) 1.1 1.5
State income taxes, net of federal benefit 18.8 16.7 13.9
Income tax provision, excluding other reconciling items 199.5 179.2 148.8
Change in valuation allowance, net 0.1 (0.2) (0.1)
Adjustments and settlements 0.3 (0.6) (2.0)
Other, net (0.4) (1.3) (0.7)
Income tax provision 199.5 177.1 146.0
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]      
Income tax provision at statutory rate, % 35.00% 35.00% 35.00%
Non-deductible expenses (income), net, % 0.00% 0.20% 0.40%
State income taxes, net of federal benefit, % 3.60% 3.60% 3.60%
Income tax provision, excluding other reconciling items, % 38.60% 38.80% 39.00%
Change in valuation allowance, net, % 0.00% 0.00% 0.00%
Adjustments and settlements, % 0.00% (0.20%) (0.50%)
Other, net, % 0.00% (0.20%) (0.20%)
Income tax provision, % 38.60% 38.40% 38.30%
Deferred income tax assets:      
Inventory 20.3 11.3  
Receivable reserves 4.0 4.5  
Warranty, chargeback and self - insurance liabilities 42.8 38.2  
Other accrued liabilities 31.6 35.8  
Stock-based compensation 20.6 18.8  
Loss carryforwards—federal and state 13.8 14.3  
Other, net 15.4 18.0  
Total deferred income tax assets 148.5 140.9  
Valuation allowance (6.5) (6.5)  
Deferred income tax assets, net of valuation allowance 142.0 134.4  
Deferred income tax liabilities:      
Long-lived assets (intangibles assets and property) (170.1) (142.5)  
Other, net (16.6) (9.4)  
Total deferred income tax liabilities (186.7) (151.9)  
Net deferred income tax assets (liabilities) (44.7) (17.5)  
Deferred Tax Assets, Net, Classification [Abstract]      
Deferred Tax Assets, Net, Current 44.7 41.8  
Deferred Tax Assets, Net, Noncurrent   3.0  
Deferred Tax Liabilities, Gross, Noncurrent   62.3  
Deferred Tax Liabilities, Net, Noncurrent 89.4 62.3  
Income taxes payable included in other current liabilities 3.2    
Deferred Tax Assets, Operating Loss Carryforwards, Components [Abstract]      
Gross domestic state net operating and capital loss carryforwards 246.2    
State tax credits 4.9    
Deferred tax asset, loss carryforwards and tax credits 13.7    
Valuation allowance related to loss carryforwards 6.5 6.5  
Recognized net tax benefits related to adjustments and resolution of certain income tax matters   $ 1.3 $ 2.7