| Summary of Reportable Operating Segment |
Reportable segment revenues, segment income (loss), floor plan interest expense, depreciation and amortization, capital expenditures and assets are as follows:
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Year Ended December 31,
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2017
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2016
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2015
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(In thousands)
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Revenues:
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Franchised Dealerships Segment
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$
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9,612,899
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$
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9,590,752
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$
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9,547,236
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Pre-Owned Stores Segment
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254,309
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141,027
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77,063
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Total consolidated revenues
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$
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9,867,208
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$
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9,731,779
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$
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9,624,299
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Year Ended December 31,
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2017
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2016
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2015
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(In thousands)
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Segment income (loss) (1):
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Franchised Dealerships Segment
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$
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196,897
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$
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218,769
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$
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213,224
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Pre-Owned Stores Segment
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(21,727
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)
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(13,576
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)
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(17,257
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)
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Total segment income (loss)
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175,170
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205,193
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195,967
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Interest expense, other, net
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(52,524
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)
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(50,106
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)
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(50,910
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)
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Other income (expense), net
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(14,522
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)
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125
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99
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Income (loss) from continuing operations before taxes
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$
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108,124
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$
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155,212
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$
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145,156
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(1) Segment income (loss) for each segment is defined as operating income less floor plan interest expense.
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Year Ended December 31,
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2017
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2016
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2015
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(In thousands)
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Floor plan interest expense:
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Franchised Dealerships Segment
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$
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35,030
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$
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26,631
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$
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20,727
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Pre-Owned Stores Segment
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1,365
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1,085
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599
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Total floor plan interest expense
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$
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36,395
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$
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27,716
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$
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21,326
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Year Ended December 31,
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2017
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2016
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2015
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(In thousands)
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Depreciation and amortization:
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Franchised Dealerships Segment
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$
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83,741
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$
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73,591
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$
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65,766
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Pre-Owned Stores Segment
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5,203
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3,855
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3,033
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Total depreciation and amortization
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$
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88,944
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$
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77,446
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$
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68,799
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Year Ended December 31,
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2017
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2016
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2015
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(In thousands)
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Capital expenditures:
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Franchised Dealerships Segment
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$
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195,220
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$
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166,405
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$
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148,593
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Pre-Owned Stores Segment
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39,025
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39,827
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24,656
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Total capital expenditures
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$
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234,245
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$
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206,232
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$
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173,249
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December 31,
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2017
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2016
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(In thousands)
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Assets:
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Franchised Dealerships Segment
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$
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1,930,336
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$
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2,079,297
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Pre-Owned Stores Segment
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200,500
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144,605
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Corporate and other:
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Cash and Cash Equivalents
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6,352
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3,108
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Goodwill, Net
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525,780
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472,437
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Other Intangible Assets, Net
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74,589
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80,233
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Other Corporate and Other Assets
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1,080,961
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859,656
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Total assets
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$
|
3,818,518
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$
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3,639,336
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