Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.8.0.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Property Plant And Equipment [Abstract]  
Components of Property and Equipment, Net

Property and equipment, net consists of the following: 

 

 

 

December 31, 2017

 

 

December 31, 2016

 

 

 

(In thousands)

 

Land

 

$

370,828

 

 

$

306,457

 

Building and improvements

 

 

893,768

 

 

 

777,766

 

Software and computer equipment

 

 

147,812

 

 

 

128,366

 

Parts and service equipment

 

 

105,123

 

 

 

93,901

 

Office equipment and fixtures

 

 

96,066

 

 

 

86,216

 

Company vehicles

 

 

9,723

 

 

 

9,107

 

Construction in progress

 

 

54,429

 

 

 

62,982

 

Total, at cost

 

 

1,677,749

 

 

 

1,464,795

 

Less accumulated depreciation

 

 

(527,379

)

 

 

(450,184

)

Subtotal

 

 

1,150,370

 

 

 

1,014,611

 

Less assets held for sale (1)

 

 

(3,489

)

 

 

(4,231

)

Property and equipment, net

 

$

1,146,881

 

 

$

1,010,380

 

 

(1)

Classified in other current assets in the accompanying consolidated balance sheets.

Property and Equipment Impairment Charges

During 2017, 2016 and 2015, property and equipment impairment charges were recorded as noted in the following table:

 

Year Ended December 31,

 

(In thousands)

 

2017

 

$

4,894

 

2016

 

$

8,063

 

2015

 

$

12,210