Summary of Reportable Operating Segment |
Reportable segment revenue and segment income are as follows:
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
2015
|
|
|
2014
|
|
|
2015
|
|
|
2014
|
|
|
|
(In thousands)
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Franchised Dealerships
|
|
$
|
2,472,357
|
|
|
$
|
2,355,604
|
|
|
$
|
7,094,951
|
|
|
$
|
6,845,271
|
|
EchoPark®
|
|
|
22,051
|
|
|
|
-
|
|
|
|
58,712
|
|
|
|
-
|
|
Total consolidated revenues
|
|
$
|
2,494,408
|
|
|
$
|
2,355,604
|
|
|
$
|
7,153,663
|
|
|
$
|
6,845,271
|
|
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
2015
|
|
|
2014
|
|
|
2015
|
|
|
2014
|
|
|
|
(In thousands)
|
|
Segment income (loss) (1):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Franchised Dealerships
|
|
$
|
61,104
|
|
|
$
|
56,349
|
|
|
$
|
145,888
|
|
|
$
|
166,040
|
|
EchoPark®
|
|
|
(3,545
|
)
|
|
|
(3,853
|
)
|
|
|
(13,827
|
)
|
|
|
(8,838
|
)
|
Total segment income
|
|
|
57,559
|
|
|
|
52,496
|
|
|
|
132,061
|
|
|
|
157,202
|
|
Interest expense, other, net
|
|
|
(12,361
|
)
|
|
|
(12,893
|
)
|
|
|
(38,635
|
)
|
|
|
(40,576
|
)
|
Other income (expense), net
|
|
|
-
|
|
|
|
(1
|
)
|
|
|
102
|
|
|
|
98
|
|
Income (loss) from continuing operations before taxes
|
|
$
|
45,198
|
|
|
$
|
39,602
|
|
|
$
|
93,528
|
|
|
$
|
116,724
|
|
(1)
|
Segment income (loss) for each segment is defined as operating income less floor plan interest expense.
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|