Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 2,941 $ 3,625
Receivables, net 299,254 378,520
Inventories 1,511,336 1,599,581
Assets held for sale 6,347  
Other current assets 37,603 101,386
Total current assets 1,857,481 2,083,112
Property and Equipment, net 978,008 886,902
Goodwill 473,161 471,493
Other Intangible Assets, net 80,394 80,876
Other Assets 40,147 39,998
Total Assets 3,429,191 3,562,381
Current Liabilities:    
Notes payable - floor plan - trade 762,887 893,466
Notes payable - floor plan - non-trade 588,619 625,367
Trade accounts payable 108,210 131,204
Accrued interest 12,987 12,640
Other accrued liabilities 236,883 218,507
Current maturities of long-term debt 43,241 33,437
Total current liabilities 1,752,827 1,914,621
Long-Term Debt 842,894 781,145
Other Long-Term Liabilities 66,876 64,245
Deferred Income Taxes 81,150 73,322
Commitments and Contingencies
Stockholders’ Equity:    
Class A convertible preferred stock, none issued
Paid-in capital 720,416 713,118
Retained earnings 505,747 457,010
Accumulated other comprehensive income (loss) (7,789) (5,632)
Treasury stock, at cost; 30,116,168 Class A common stock shares held at September 30, 2016 and 24,675,443 Class A common stock shares held at December 31, 2015 (533,681) (436,195)
Total Stockholders’ Equity 685,444 729,048
Total Liabilities and Stockholders’ Equity 3,429,191 3,562,381
Common Class A [Member]    
Stockholders’ Equity:    
Common stock, value 630 626
Common Class B [Member]    
Stockholders’ Equity:    
Common stock, value $ 121 $ 121