Sonic Automotive, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2017

Property and equipment, net consists of the following:

	March 31, 2017			December 31, 2016
	(In thousands)
Land	$	335,407		$	306,457
Building and improvements		805,927			777,766
Software and computer equipment		132,874			128,366
Parts and service equipment		98,499			93,901
Office equipment and fixtures		88,894			86,216
Company vehicles		9,377			9,107
Construction in progress		66,793			62,982
Total, at cost		1,537,771			1,464,795
Less accumulated depreciation		(470,824	)		(450,184	)
Subtotal		1,066,947			1,014,611
Less assets held for sale (1)		(4,231	)		(4,231	)
Property and equipment, net	$	1,062,716		$	1,010,380

(1)Classified in other current assets in the accompanying condensed consolidated balance sheets.