Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.3.0.814
Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
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.