v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues $ 3,657,200 $ 3,453,000 $ 7,308,500 $ 6,837,000
Cost of Sales:        
Cost of Sales (3,055,000) (2,913,900) (6,139,800) (5,761,700)
Gross profit 602,200 539,100 1,168,700 1,075,300
Selling, general and administrative expenses (412,600) (393,000) (792,900) (785,300)
Asset impairment charges (172,400) 1,400 (173,800) (2,400)
Depreciation and amortization (40,500) (37,000) (80,400) (73,200)
Operating income (loss) (23,300) 107,700 121,600 214,400
Other income (expense):        
Interest expense, floor plan (18,300) (22,200) (38,300) (42,500)
Interest expense, other, net (27,400) (29,300) (55,000) (58,300)
Other income (expense), net (100) (500) 0 (400)
Total other income (expense) (45,800) (52,000) (93,300) (101,200)
Income (loss) from continuing operations before taxes (69,100) 55,700 28,300 113,200
Provision for income taxes for continuing operations - benefit (expense) 23,500 (14,500) (3,300) (30,000)
Discontinued operations:        
Net income (loss) $ (45,600) $ 41,200 $ 25,000 $ 83,200
Basic earnings (loss) per common share:        
Earnings (loss) per common share (usd per share) $ (1.34) $ 1.21 $ 0.74 $ 2.45
Weighted average common shares outstanding 34,100 34,000 34,000 34,000
Diluted earnings (loss) per common share:        
Earnings (loss) per common share (usd per share) $ (1.34) $ 1.18 $ 0.72 $ 2.39
Weighted average common shares outstanding 34,100 34,900 34,700 34,800
Total vehicles        
Revenues:        
Revenues $ 2,959,500 $ 2,836,300 $ 5,945,700 $ 5,604,600
Cost of Sales:        
Cost of Sales (2,813,300) (2,693,400) (5,664,300) (5,318,300)
New vehicles        
Revenues:        
Revenues 1,695,500 1,578,800 3,373,900 3,054,200
Cost of Sales:        
Cost of Sales (1,595,800) (1,480,000) (3,184,200) (2,858,300)
Used vehicles        
Revenues:        
Revenues 1,180,700 1,186,200 2,405,700 2,401,800
Cost of Sales:        
Cost of Sales (1,132,600) (1,141,500) (2,311,300) (2,310,100)
Wholesale vehicles        
Revenues:        
Revenues 83,300 71,300 166,100 148,600
Cost of Sales:        
Cost of Sales (84,900) (71,900) (168,800) (149,900)
Retail New Vehicles [Member]        
Revenues:        
Revenues 1,666,100 1,552,600 3,322,400 3,008,400
Cost of Sales:        
Cost of Sales (1,566,900) (1,454,800) (3,133,800) (2,814,200)
Fleet New Vehicles [Member]        
Revenues:        
Revenues 29,400 26,200 51,500 45,800
Cost of Sales:        
Cost of Sales (28,900) (25,200) (50,400) (44,100)
Parts, service and collision repair        
Revenues:        
Revenues 495,600 444,100 970,000 890,800
Cost of Sales:        
Cost of Sales (241,700) (220,500) (475,500) (443,400)
Finance, insurance and other, net        
Revenues:        
Revenues $ 202,100 $ 172,600 $ 392,800 $ 341,600

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