Sonic Automotive, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2021

Property and equipment, net consists of the following:


	March 31, 2021		December 31, 2020
	(In thousands)
Land	$	377,978	$	375,297
Building and improvements	1,046,004		1,028,016
Furniture, fixtures and equipment	391,968		365,222
Construction in progress	55,799		34,767
Total, at cost	1,871,749		1,803,302
Less accumulated depreciation	(695,130)		(673,082)
Subtotal	1,176,619		1,130,220
Less assets held for sale (1)	(9,694)		(9,694)
Property and equipment, net	$	1,166,925	$	1,120,526

(1)Classified in other current assets in the accompanying unaudited condensed consolidated balance sheets.