Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 3,625 $ 4,182
Receivables, net 378,520 371,994
Inventories 1,599,581 1,311,702
Other current assets 101,386 81,081
Total current assets 2,083,112 1,768,959
Property and Equipment, net 886,902 799,319
Goodwill 471,493 475,929
Other Intangible Assets, net 80,876 83,720
Other Assets 39,998 40,326
Total Assets 3,562,381 3,168,253
Current Liabilities:    
Notes payable - floor plan - trade 893,466 711,618
Notes payable - floor plan - non-trade 625,367 551,118
Trade accounts payable 131,204 132,405
Accrued interest 12,640 12,409
Other accrued liabilities 218,507 208,654
Current maturities of long-term debt 33,437 30,802
Total current liabilities 1,914,621 1,647,006
Long-Term Debt 781,145 727,728
Other Long-Term Liabilities 64,245 69,200
Deferred Income Taxes $ 73,322 $ 57,601
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued
Paid-in capital $ 713,118 $ 697,760
Retained earnings 457,010 376,353
Accumulated other comprehensive income (loss) (5,632) (6,424)
Treasury stock, at cost; 24,675,443 Class A common stock shares held at December 31, 2015 and 23,156,433 Class A common stock shares held at December 31, 2014 (436,195) (401,712)
Total Stockholders' Equity 729,048 666,718
Total Liabilities and Stockholders' Equity 3,562,381 3,168,253
Common Class A [Member]    
Stockholders' Equity:    
Common stock, value 626 620
Common Class B [Member]    
Stockholders' Equity:    
Common stock, value $ 121 $ 121