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
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 9,163 $ 6,352
Receivables, net 367,895 482,126
Inventories 1,550,521 1,512,745
Other current assets 30,961 18,574
Total current assets 1,958,540 2,019,797
Property and Equipment, net 1,178,943 1,146,881
Goodwill 525,142 525,780
Other Intangible Assets, net 74,361 74,589
Other Assets 51,509 51,471
Total Assets 3,788,495 3,818,518
Current Liabilities:    
Notes payable - floor plan - trade 775,287 804,238
Notes payable - floor plan - non-trade 705,107 709,098
Trade accounts payable 113,705 129,903
Accrued interest 12,481 12,316
Other accrued liabilities 226,530 237,963
Current maturities of long-term debt 53,957 61,314
Total current liabilities 1,887,067 1,954,832
Long-Term Debt 1,004,657 963,389
Other Long-Term Liabilities 73,530 61,918
Deferred Income Taxes 54,524 51,619
Commitments and Contingencies 0 0
Stockholders’ Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 736,161 732,854
Retained earnings 624,535 625,356
Accumulated other comprehensive income (loss) 4,221 1,307
Treasury stock, at cost; 33,442,987 Class A common stock shares held at March 31, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (596,962) (573,513)
Total Stockholders’ Equity 768,717 786,760
Total Liabilities and Stockholders’ Equity 3,788,495 3,818,518
Class A common stock    
Stockholders’ Equity:    
Common stock, value 641 635
Class B common stock    
Stockholders’ Equity:    
Common stock, value $ 121 $ 121