Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 115,724 $ 29,103
Receivables, net 322,703 432,742
Inventories 1,176,506 1,517,875
Other current assets 124,170 37,890
Total current assets 1,739,103 2,017,610
Property and Equipment, net 1,112,873 1,097,247
Goodwill 207,791 475,791
Other Intangible Assets, net 64,300 64,300
Right-of-use asset 341,410 337,842
Finance Lease, Right-of-Use Asset, after Accumulated Amortization 38,513 34,691
Other Assets 91,435 43,554
Total Assets 3,595,425 4,071,035
Current Liabilities:    
Notes payable - floor plan - trade 603,211 860,871
Notes payable - floor plan - non-trade 614,102 678,223
Trade accounts payable 105,784 135,217
Operating Lease, Liability, Current 44,739 43,332
Finance Lease, Liability, Current 1,243 1,564
Accrued interest 13,341 10,830
Other accrued liabilities 293,714 266,211
Current maturities of long-term debt 72,043 69,908
Total current liabilities 1,748,177 2,066,156
Long-Term Debt 677,488 636,978
Other Long-Term Liabilities 75,344 73,746
Operating Lease, Liability, Noncurrent 307,528 304,151
Finance Lease, Liability, Noncurrent 40,274 36,313
Deferred Income Taxes 1,912 8,927
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 761,293 755,904
Retained Earnings (Accumulated Deficit) 613,033 790,158
Accumulated other comprehensive income (loss) (2,589) (2,062)
Treasury stock, at cost; 33,476,159 Class A common stock shares held at September 30, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (627,812) (600,004)
Total Stockholders' Equity 744,702 944,764
Total Liabilities and Stockholders' Equity 3,595,425 4,071,035
Class A Common Stock    
Stockholders' Equity:    
Common stock, value 656 647
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 121 $ 121