Annual report pursuant to Section 13 and 15(d)

Business Acquisitions and Dispositions (Tables)

v3.3.1.900
Business Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Revenues and Other Activities Associated with Dealerships Classified as Discontinued Operations

Results associated with dealerships classified as discontinued operations were as follows:

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(1,421

)

 

$

(2,515

)

 

$

(978

)

Gain (loss) on disposal

 

 

-

 

 

 

199

 

 

 

(457

)

Lease exit accrual adjustments and charges

 

 

(1,462

)

 

 

152

 

 

 

(2,582

)

Pre-tax income (loss)

 

$

(2,883

)

 

$

(2,164

)

 

$

(4,017

)

Total revenues

 

$

-

 

 

$

-

 

 

$

-

 

 

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:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(In thousands)

 

Income (loss) from operations

 

$

(4,958

)

 

$

(2,475

)

 

$

(747

)

Gain (loss) on disposal

 

 

2,748

 

 

 

11,079

 

 

 

-

 

Property and equipment impairment charges

 

 

(10,096

)

 

 

(125

)

 

 

(5,855

)

Pre-tax income (loss)

 

$

(12,306

)

 

$

8,479

 

 

$

(6,602

)

Total revenues

 

$

95,168

 

 

$

311,978

 

 

$

421,639