Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.7.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Summary of Reportable Operating Segment

Reportable segment revenues and segment income (loss) for the three and six months ended June 30, 2017 and 2016 are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

(In thousands)

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Franchised Dealerships

 

$

2,356,692

 

 

$

2,352,840

 

 

$

4,602,717

 

 

$

4,563,425

 

 

EchoPark

 

 

49,054

 

 

 

29,472

 

 

 

90,851

 

 

 

53,514

 

 

Total consolidated revenues

 

$

2,405,746

 

 

$

2,382,312

 

 

$

4,693,568

 

 

$

4,616,939

 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

(In thousands)

 

 

Segment income (loss) (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Franchised Dealerships

 

$

40,544

 

 

$

53,561

 

 

$

74,013

 

 

$

92,854

 

 

EchoPark

 

 

(7,517

)

 

 

(3,206

)

 

 

(12,924

)

 

 

(6,630

)

 

Total segment income (loss)

 

 

33,027

 

 

 

50,355

 

 

 

61,089

 

 

 

86,224

 

 

Interest expense, other, net

 

 

(12,764

)

 

 

(12,205

)

 

 

(26,172

)

 

 

(24,544

)

 

Other income (expense), net

 

 

7

 

 

 

6

 

 

 

(14,495

)

 

 

110

 

 

Income (loss) from continuing operations before taxes

 

$

20,270

 

 

$

38,156

 

 

$

20,422

 

 

$

61,790

 

 

 

(1)

Segment income (loss) for each segment is defined as operating income (loss) less interest expense, floor plan.