Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions and Dispositions (Tables)

v3.3.0.814
Business Acquisitions and Dispositions (Tables)
 9 Months Ended
Sep. 30, 2015
Business Combinations [Abstract]  
Revenues and Other Activities Associated with Dealerships Classified as Discontinued Operations

Revenues and other activities associated with dealerships classified as discontinued operations were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(383

)

 

$

(900

)

 

$

(1,029

)

 

$

(1,670

)

Gain (loss) on disposal

 

 

-

 

 

 

148

 

 

 

-

 

 

 

201

 

Lease exit accrual adjustments and charges

 

 

(616

)

 

 

1,006

 

 

 

(1,171

)

 

 

631

 

Pre-tax income (loss)

 

$

(999

)

 

$

254

 

 

$

(2,200

)

 

$

(838

)

Total revenues

 

$

-

 

 

$

-

 

 

$

42

 

 

$

-

 

 
Revenues and Other Activities Associated with Disposed Dealerships That Remain in Continued Operations

Revenues and other activities associated with disposed dealerships that remain in continuing operations were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(707

)

 

$

(441

)

 

$

(2,166

)

 

$

(344

)

Gain (loss) on disposal

 

 

(542

)

 

 

3,111

 

 

 

414

 

 

 

10,734

 

Property impairment charges

 

 

-

 

 

 

-

 

 

 

(10,096

)

 

 

-

 

Pre-tax income (loss)

 

$

(1,249

)

 

$

2,670

 

 

$

(11,848

)

 

$

10,390

 

Total revenues

 

$

36

 

 

$

39,778

 

 

$

11,602

 

 

$

195,558