Sonic Automotive, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2015

The change in the carrying amount of franchise assets and goodwill for the nine months ended September 30, 2015 is as follows:

	Franchise Assets			Net Goodwill
	(In thousands)
Balance at December 31, 2014	$	77,100		$	475,929		(1)
Prior year acquisition allocations		1,100			(870	)
Reductions from dispositions		(2,400	)		(2,446	)
Balance at September 30, 2015	$	75,800		$	472,613		(1)

(1)

Net of accumulated impairment losses of $796,725.