v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Revenues $ 3,651,300 $ 3,384,000
Cost of Sales:    
Cost of Sales (3,084,900) (2,847,800)
Gross profit 566,400 536,200
Selling, general and administrative expenses (380,300) (392,200)
Asset impairment charges (1,400) 1,000
Depreciation and amortization (39,700) (36,300)
Operating income (loss) 145,000 106,700
Other income (expense):    
Interest expense, floor plan (20,000) (20,300)
Interest expense, other, net (27,600) (29,000)
Other income (expense), net 0 100
Total other income (expense) (47,600) (49,200)
Income (loss) from continuing operations before taxes 97,400 57,500
Provision for income taxes for continuing operations - benefit (expense) (26,800) (15,500)
Discontinued operations:    
Net income (loss) $ 70,600 $ 42,000
Basic earnings (loss) per common share:    
Earnings (loss) per common share (usd per share) $ 2.09 $ 1.24
Weighted average common shares outstanding 33,900 34,000
Diluted earnings (loss) per common share:    
Earnings (loss) per common share (usd per share) $ 2.04 $ 1.20
Weighted average common shares outstanding 34,600 34,900
Total vehicles    
Revenues:    
Revenues $ 2,986,100 $ 2,768,300
Cost of Sales:    
Cost of Sales (2,851,100) (2,625,000)
New vehicles    
Revenues:    
Revenues 1,678,400 1,475,400
Cost of Sales:    
Cost of Sales (1,588,400) (1,378,300)
Used vehicles    
Revenues:    
Revenues 1,225,000 1,215,600
Cost of Sales:    
Cost of Sales (1,178,600) (1,168,600)
Wholesale vehicles    
Revenues:    
Revenues 82,700 77,300
Cost of Sales:    
Cost of Sales (84,100) (78,100)
Retail New Vehicles [Member]    
Revenues:    
Revenues 1,656,300 1,455,800
Cost of Sales:    
Cost of Sales (1,566,900) (1,359,400)
Fleet New Vehicles [Member]    
Revenues:    
Revenues 22,100 19,600
Cost of Sales:    
Cost of Sales (21,500) (18,900)
Parts, service and collision repair    
Revenues:    
Revenues 474,400 446,700
Cost of Sales:    
Cost of Sales (233,800) (222,800)
Finance, insurance and other, net    
Revenues:    
Revenues $ 190,800 $ 169,000

Source

PDF HTML
10-Q Filing
ZIP XLS HTML
XBRL