| Summary of Reportable Operating Segment |
Reportable segment revenues and segment income (loss) for the three and nine months ended September 30, 2017 and 2016 are as follows:
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2017
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2016
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2017
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2016
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(In thousands)
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Revenues:
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Franchised Dealerships
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$
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2,448,574
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$
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2,514,240
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$
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7,051,291
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$
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7,077,666
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Pre-Owned Stores
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57,127
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43,688
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147,978
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97,200
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Total consolidated revenues
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$
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2,505,701
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$
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2,557,928
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$
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7,199,269
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$
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7,174,866
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2017
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2016
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2017
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2016
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(In thousands)
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Segment income (loss) (1):
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Franchised Dealerships
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$
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51,384
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$
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48,265
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$
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125,397
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$
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141,119
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Pre-Owned Stores
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(4,504
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)
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(4,010
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)
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(17,429
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)
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(10,639
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)
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Total segment income (loss)
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46,880
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44,255
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107,968
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130,480
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Interest expense, other, net
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(13,028
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)
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(13,016
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)
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(39,200
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)
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(37,560
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)
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Other income (expense), net
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4
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11
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(14,490
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)
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120
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Income (loss) from continuing operations before taxes
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$
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33,856
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$
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31,250
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$
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54,278
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$
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93,040
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(1)
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Segment income (loss) for each segment is defined as operating income (loss) less interest expense, floor plan.
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