v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 14,224,300,000 $ 14,372,400,000 $ 14,001,100,000
Cost of Sales:      
Total cost of sales (12,031,500,000) (12,126,700,000) (11,684,100,000)
Cost of Sales 12,031,500,000 12,126,700,000 11,684,100,000
Gross profit 2,192,800,000 2,245,700,000 2,317,000,000
Selling, general and administrative expenses (1,577,000,000) (1,600,500,000) (1,555,100,000)
Impairment charges 3,900,000 79,300,000 320,400,000
Depreciation and amortization (150,400,000) (142,300,000) (127,500,000)
Operating income 461,500,000 423,600,000 314,000,000.0
Other income (expense):      
Interest expense, floor plan (86,900,000) (67,200,000) (34,300,000)
Interest expense, other, net (118,000,000.0) (114,600,000) (89,900,000)
Other income (expense), net (500,000) 100,000 200,000
Total other income (expense) (205,400,000) (181,700,000) (124,000,000.0)
Income before taxes 256,100,000 241,900,000 190,000,000.0
Provision for income taxes - benefit (expense) (40,100,000) (63,700,000) (101,500,000)
Discontinued operations:      
Net income $ 216,000,000.0 $ 178,200,000 $ 88,500,000
Basic earnings per common share:      
Earnings (loss) per common share (usd per share) $ 6.34 $ 5.09 $ 2.29
Weighted average common shares outstanding (in shares) 34,100 35,000 38,700
Diluted earnings per common share:      
Earnings (loss) per common share (usd per share) $ 6.18 $ 4.97 $ 2.23
Weighted average common shares outstanding (in shares) 35,000 35,900 39,700
Franchised Dealership Impairment [Member]      
Cost of Sales:      
Impairment charges     $ 115,500,000
Total vehicles      
Revenues:      
Total revenues   $ 11,929,200,000 11,722,300,000
Cost of Sales:      
Total cost of sales $ (11,113,900,000) (11,241,200,000) (10,876,900,000)
Cost of Sales 11,113,900,000 11,241,200,000 10,876,900,000
Used vehicles      
Revenues:      
Total revenues 4,780,100,000 5,213,600,000 5,515,400,000
Cost of Sales:      
Total cost of sales (4,609,400,000) (5,062,400,000) (5,334,600,000)
Cost of Sales 4,609,400,000 5,062,400,000 5,334,600,000
Wholesale vehicles      
Revenues:      
Total revenues 287,100,000 318,800,000 484,900,000
Cost of Sales:      
Total cost of sales (293,100,000) (321,400,000) (488,000,000.0)
Cost of Sales 293,100,000 321,400,000 488,000,000.0
Total new vehicles      
Revenues:      
Total revenues 6,602,800,000 6,396,800,000 5,722,000,000
Cost of Sales:      
Total cost of sales (6,211,400,000) (5,857,400,000) (5,054,300,000)
Cost of Sales 6,211,400,000 5,857,400,000 5,054,300,000
Fleet new vehicles      
Revenues:      
Total revenues 95,300,000 92,200,000 99,400,000
Cost of Sales:      
Total cost of sales (92,300,000) (88,200,000) (94,500,000)
Cost of Sales 92,300,000 88,200,000 94,500,000
Retail new vehicles      
Revenues:      
Total revenues 6,507,500,000 6,304,600,000 5,622,600,000
Cost of Sales:      
Total cost of sales (6,119,100,000) (5,769,200,000) (4,959,800,000)
Cost of Sales 6,119,100,000 5,769,200,000 4,959,800,000
Parts, service and collision repair      
Revenues:      
Total revenues 1,846,500,000 1,759,500,000 1,599,700,000
Cost of Sales:      
Total cost of sales (917,600,000) (885,500,000) (807,200,000)
Cost of Sales 917,600,000 885,500,000 807,200,000
Finance, insurance and other, net      
Revenues:      
Total revenues 707,800,000 $ 683,700,000 $ 679,100,000
Total_Vehicles [Member]      
Revenues:      
Total revenues $ 11,670,000,000    

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