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
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 13,379 $ 3,108
Receivables, net 410,945 430,242
Inventories 1,390,053 1,570,701
Other current assets 18,399 26,993
Total current assets 1,832,776 2,031,044
Property and Equipment, net 1,120,811 1,010,380
Goodwill 526,918 472,437
Other Intangible Assets, net 78,350 80,233
Other Assets 55,714 45,242
Total Assets 3,614,569 3,639,336
Current Liabilities:    
Notes payable - floor plan - trade 718,959 850,537
Notes payable - floor plan - non-trade 600,379 675,353
Trade accounts payable 102,122 117,740
Accrued interest 11,144 13,265
Other accrued liabilities 239,667 236,982
Current maturities of long-term debt 59,475 43,003
Total current liabilities 1,731,746 1,936,880
Long-Term Debt 1,016,390 839,675
Other Long-Term Liabilities 64,123 61,170
Deferred Income Taxes 79,336 76,447
Commitments and Contingencies
Stockholders’ Equity:    
Class A convertible preferred stock, none issued
Paid-in capital 730,638 721,695
Retained earnings 565,563 541,146
Accumulated other comprehensive income (loss) (470) (2,262)
Treasury stock, at cost; 32,290,493 Class A common stock shares held at September 30, 2017 and 30,263,196 Class A common stock shares held at December 31, 2016 (573,513) (536,166)
Total Stockholders’ Equity 722,974 725,164
Total Liabilities and Stockholders’ Equity 3,614,569 3,639,336
Common Class A [Member]    
Stockholders’ Equity:    
Common stock, value 635 630
Common Class B [Member]    
Stockholders’ Equity:    
Common stock, value $ 121 $ 121