Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 170,313 $ 29,103
Receivables, net 371,666 432,742
Inventories 1,247,254 1,517,875
Other current assets 93,334 37,890
Total current assets 1,882,567 2,017,610
Property, Plant and Equipment, Net 1,120,526 1,097,247
Goodwill 213,977 475,791
Intangible Assets, Net (Excluding Goodwill) 64,300 64,300
ROU assets 330,322 337,842
Finance Lease, Right-of-Use Asset 60,121 34,691
Other Assets 74,180 43,554
Total Assets 3,745,993 4,071,035
Current Liabilities:    
Notes payable - floor plan - trade 585,225 860,871
Notes payable - floor plan - non-trade 739,019 678,223
Trade accounts payable 105,098 135,217
Operating Lease, Liability, Current 42,339 43,332
Finance Lease, Liability, Current 3,515 1,564
Accrued interest 8,496 10,830
Other accrued liabilities 279,477 266,211
Current maturities of long-term debt 68,244 69,908
Total current liabilities 1,831,413 2,066,156
Long-Term Debt 651,823 636,978
Deferred Tax and Other Liabilities, Noncurrent 345 8,927
Other Long-Term Liabilities 88,753 73,746
Operating Lease, Liability, Noncurrent 296,564 304,151
Finance Lease, Liability, Noncurrent 62,290 36,313
Commitments and Contingencies
Stockholders’ Equity:    
Class A Convertible Preferred Stock, none issued 0 0
Paid-in capital 767,599 755,904
Retained Earnings (Accumulated Deficit) 721,770 790,158
Accumulated other comprehensive income (loss) (3,616) (2,062)
Treasury stock, at cost; 33,476,159 Class A common stock shares held at December 31, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (671,725) (600,004)
Total Stockholders’ Equity 814,805 944,764
Total Liabilities and Stockholders’ Equity 3,745,993 4,071,035
Dividends, Common Stock 12,191  
Retained Earnings    
Stockholders’ Equity:    
Total Stockholders’ Equity 721,770 790,158
Class A common stock    
Stockholders’ Equity:    
Common stock, value 656 647
Dividends, Common Stock   12,430
Class A common stock | Retained Earnings    
Stockholders’ Equity:    
Dividends, Common Stock 12,191 12,430
Class B common stock    
Stockholders’ Equity:    
Common stock, value 121 121
Dividends, Common Stock 4,812 4,812
Class B common stock | Retained Earnings    
Stockholders’ Equity:    
Dividends, Common Stock $ 4,812 $ 4,812