Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.2.0.727
Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Summary of Reportable Operating Segment

Reportable segment revenue and segment income are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Franchised Dealerships

 

$

2,402,764

 

 

$

2,353,280

 

 

$

4,622,594

 

 

$

4,489,666

 

EchoPark®

 

 

20,976

 

 

 

-

 

 

 

36,662

 

 

 

-

 

Total consolidated revenues

 

$

2,423,740

 

 

$

2,353,280

 

 

$

4,659,256

 

 

$

4,489,666

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Segment income (loss) (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Franchised Dealerships

 

$

41,714

 

 

$

61,996

 

 

$

84,785

 

 

$

109,691

 

EchoPark®

 

 

(3,929

)

 

 

(3,244

)

 

 

(10,282

)

 

 

(4,985

)

Total segment income

 

 

37,785

 

 

 

58,752

 

 

 

74,503

 

 

 

104,706

 

Interest expense, other, net

 

 

(13,054

)

 

 

(13,865

)

 

 

(26,274

)

 

 

(27,683

)

Other income (expense), net

 

 

10

 

 

 

3

 

 

 

100

 

 

 

100

 

Income (loss) from continuing operations before taxes

 

$

24,741

 

 

$

44,890

 

 

$

48,329

 

 

$

77,123

 

(1)         Segment income (loss) for each segment is defined as operating income less floor plan interest expense.