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Condensed Consolidated Balance Sheets (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
ASSETS      
Cash and cash equivalents $ 666,181 $ 462,549 $ 483,663
Restricted cash 50,286 31,864 18,812
Accounts receivable, net of allowance for doubtful accounts of $4,984, $4,716 and $4,996 1,021,460 666,766 681,800
Notes receivable, net of allowance for credit losses of $834, $971 and $1,148 32,330 61,182 101,850
Inventory 126,687 143,416 126,534
Deferred income taxes 9,079 14,021 15,057
Income tax receivable 16,039 5,948 5,108
Prepaid expenses and other current assets 27,012 16,634 17,580
Total Current Assets 1,949,074 1,402,380 1,450,404
Notes receivable 162,691 91,951 175,423
Fixed assets, net of accumulated depreciation and amortization of $155,428, $147,280 and $138,691 375,410 364,508 372,692
Goodwill and other intangible assets, net of accumulated amortization of $6,532, $5,846 and $5,193 15,214 14,822 15,012
Equity method investments 14,931 16,337 15,154
Deferred income taxes 32,403 44,269 39,703
Trust assets related to deferred compensation liability 42,587 35,875 39,024
Pension asset 61,654 15,125 55,180
Other long-term assets 15,488 17,185 16,036
Total Assets 2,669,452 2,002,452 2,178,628
LIABILITIES AND SHAREHOLDERS' EQUITY      
Due to consignors 981,431 638,074 675,586
Convertible debt, net 16,611    
Accounts payable and accrued liabilities 98,164 69,538 66,846
Accrued salaries and related costs 61,764 46,710 85,471
Accrued income taxes 47,580 31,849 40,109
Deferred income taxes 757 603 282
Other current liabilities 13,269 14,763 9,090
Total Current Liabilities 1,219,576 801,537 877,384
Long-term debt, net 460,640 516,883 472,862
Deferred income taxes 8,485 452 8,913
Accrued income taxes 4,640 12,083 4,932
Deferred compensation liability 40,254 32,394 36,176
Other long-term liabilities 6,899 6,854 6,853
Total Liabilities 1,740,494 1,370,203 1,407,120
Commitments and contingencies (see Note 9)      
Shareholders' Equity:      
Common Stock, $0.01 par value Authorized shares - 200,000,000, Issued and outstanding shares 67,553,008, 67,320,667 and 67,007,643 675 668 673
Additional paid-in capital 350,023 327,366 345,066
Retained earnings 567,502 374,568 444,717
Accumulated other comprehensive income (loss) 10,758 (70,353) (18,948)
Total Shareholders' Equity 928,958 632,249 771,508
Total Liabilities and Shareholders' Equity $ 2,669,452 $ 2,002,452 $ 2,178,628