Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,140 $ 5,854
Receivables, net 364,026 438,186
Inventories 1,521,567 1,528,461
Other current assets 133,445 20,886
Total current assets 2,021,178 1,993,387
Property and Equipment, net 1,130,942 1,178,489
Goodwill 487,306 509,592
Other Intangible Assets, net 64,300 69,705
Other Assets 43,148 45,634
Right-of-Use Assets   0
Total Assets 4,119,327 3,796,807
Current Liabilities:    
Notes payable - floor plan - trade 753,239 821,074
Notes payable - floor plan - non-trade 714,609 712,966
Trade accounts payable 128,579 114,263
Current lease liabilities   0
Accrued interest 12,518 13,417
Other accrued liabilities 243,869 257,823
Current maturities of long-term debt 62,968 26,304
Total current liabilities 1,965,409 1,945,847
Long-Term Debt 851,283 918,779
Other Long-Term Liabilities 68,265 75,887
Long-Term Lease Liabilities   0
Deferred Income Taxes 23,416 33,178
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 750,532 745,052
Retained earnings 723,469 670,691
Accumulated other comprehensive income (loss) 960 4,233
Treasury stock, at cost; 33,476,159 Class A common stock shares held at September 30, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (600,004) (597,623)
Total Stockholders' Equity 875,725 823,116
Total Liabilities and Stockholders' Equity 4,119,327 3,796,807
Other Assets 43,148 45,634
Right-of-Use Assets   0
Class A Common Stock    
Stockholders' Equity:    
Common stock, value 647 642
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 121 $ 121