Segment Information - Summary of Reportable Operating Segment (Details) |
3 Months Ended | 6 Months Ended | |||||
---|---|---|---|---|---|---|---|
Jun. 30, 2021
USD ($)
retail_Units
|
Jun. 30, 2020
USD ($)
retail_Units
|
Mar. 31, 2019
USD ($)
|
Jun. 30, 2021
USD ($)
retail_Units
|
Jun. 30, 2020
USD ($)
retail_Units
|
Dec. 31, 2020
USD ($)
|
Dec. 31, 2019
USD ($)
|
|
Revenues: | |||||||
Total consolidated revenues | $ 3,352,246,000 | $ 2,111,886,000 | $ 6,139,043,000 | $ 4,419,942,000 | |||
Segment income (loss): | |||||||
Segment income (loss) | 165,427,000 | 53,544,000 | 253,277,000 | (168,331,000) | |||
Interest expense, other, net | (10,077,000) | (9,797,000) | (20,363,000) | (20,762,000) | |||
Other income (expense), net | 0 | 0 | 100,000 | 100,000 | |||
Income (loss) from continuing operations before taxes | 151,021,000 | 37,433,000 | 223,573,000 | (205,815,000) | |||
Impairment charges | $ 0 | $ (833,000) | $ (800,000) | $ 0 | (268,833,000) | ||
Impairment of Long-Lived Assets to be Disposed of | $ 0 | ||||||
Retail Units | retail_Units | 80,313 | 57,071 | 151,577 | 118,819 | |||
Depreciation, Depletion and Amortization | $ 24,761,000 | $ 22,647,000 | $ 48,448,000 | $ 44,944,000 | |||
FloorPlanInterestExpense | 4,329,000 | 6,314,000 | 9,441,000 | 16,822,000 | |||
Interest Expense, Other | 10,077,000 | 9,797,000 | 20,363,000 | 20,762,000 | |||
Payments to Acquire Property, Plant, and Equipment | 37,429,000 | 41,928,000 | 105,091,000 | 61,733,000 | |||
Cash and cash equivalents | 239,617,000 | 115,724,000 | 239,617,000 | 115,724,000 | $ 170,313,000 | $ 29,103,000 | |
Other Assets | 0 | 0 | 0 | 0 | |||
Assets | 3,656,345,000 | 3,656,345,000 | 3,745,993,000 | ||||
Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 2,756,642,000 | 1,796,610,000 | 5,036,300,000 | 3,772,955,000 | |||
Segment income (loss): | |||||||
Interest expense, other, net | $ (9,723,000) | (9,556,000) | $ (19,682,000) | (20,156,000) | |||
Impairment charges | $ (833,000) | $ (268,000,000.0) | |||||
Retail Units | retail_Units | 59,038 | 43,864 | 110,632 | 91,626 | |||
Depreciation, Depletion and Amortization | $ 20,616,000 | $ 19,895,000 | $ 40,992,000 | $ 39,484,000 | |||
FloorPlanInterestExpense | 3,155,000 | 5,675,000 | 7,271,000 | 15,283,000 | |||
Interest Expense, Other | 9,723,000 | 9,556,000 | 19,682,000 | 20,156,000 | |||
Payments to Acquire Property, Plant, and Equipment | 25,506,000 | 35,388,000 | 71,677,000 | 52,637,000 | |||
Assets | 2,742,475,000 | 2,742,475,000 | 3,096,811,000 | ||||
EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 595,604,000 | 315,276,000 | 1,102,743,000 | 646,987,000 | |||
Segment income (loss): | |||||||
Interest expense, other, net | (354,000) | (241,000) | (681,000) | (606,000) | |||
Impairment charges | $ 0 | $ 0 | $ 0 | $ 0 | |||
Retail Units | retail_Units | 21,275 | 13,207 | 40,945 | 27,193 | |||
Depreciation, Depletion and Amortization | $ 4,145,000 | $ 2,752,000 | $ 7,456,000 | $ 5,460,000 | |||
FloorPlanInterestExpense | 1,174,000 | 639,000 | 2,170,000 | 1,539,000 | |||
Interest Expense, Other | 354,000 | 241,000 | 681,000 | 606,000 | |||
Payments to Acquire Property, Plant, and Equipment | 11,923,000 | 6,540,000 | 33,414,000 | 9,096,000 | |||
Assets | 674,253,000 | 674,253,000 | $ 478,869,000 | ||||
FranchisedDealershipsMember | |||||||
Segment income (loss): | |||||||
Impairment charges | (800,000) | (800,000) | |||||
Operating segments | |||||||
Segment income (loss): | |||||||
Segment income (loss) | 151,021,000 | 38,266,000 | 223,573,000 | 63,018,000 | |||
Operating segments | Franchised Dealerships Segment | |||||||
Segment income (loss): | |||||||
Segment income (loss) | 165,415,000 | 35,689,000 | 235,957,000 | 58,346,000 | |||
Operating segments | EchoPark Segment | |||||||
Segment income (loss): | |||||||
Segment income (loss) | (14,394,000) | 2,577,000 | (12,384,000) | 4,672,000 | |||
Reconciling items | |||||||
Segment income (loss): | |||||||
Interest expense, other, net | 0 | (268,833,000) | |||||
Other income (expense), net | 151,021,000 | 37,433,000 | 223,573,000 | (205,815,000) | |||
Impairment charges | 0 | 833,000 | |||||
Interest Expense, Other | 0 | 268,833,000 | |||||
New vehicles | |||||||
Revenues: | |||||||
Total consolidated revenues | 1,462,893,000 | 900,003,000 | 2,619,210,000 | 1,859,492,000 | |||
New vehicles | Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 1,461,984,000 | 900,003,000 | 2,618,301,000 | 1,859,492,000 | |||
Used vehicles | |||||||
Revenues: | |||||||
Total consolidated revenues | 1,266,696,000 | 808,877,000 | 2,356,794,000 | 1,658,930,000 | |||
Used vehicles | Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 761,524,000 | 535,699,000 | 1,423,059,000 | 1,102,587,000 | |||
Used vehicles | EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 505,172,000 | 273,178,000 | 933,735,000 | 556,343,000 | |||
Wholesale vehicles | |||||||
Revenues: | |||||||
Total consolidated revenues | 84,807,000 | 33,175,000 | 159,614,000 | 81,718,000 | |||
Wholesale vehicles | Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 62,956,000 | 28,509,000 | 119,160,000 | 70,948,000 | |||
Wholesale vehicles | EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 21,851,000 | 4,666,000 | 40,454,000 | 10,770,000 | |||
Parts, service and collision repair | |||||||
Revenues: | |||||||
Total consolidated revenues | 360,596,000 | 259,058,000 | 681,509,000 | 593,738,000 | |||
Parts, service and collision repair | Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 346,118,000 | 251,998,000 | 654,194,000 | 576,499,000 | |||
Parts, service and collision repair | EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 14,478,000 | 7,060,000 | 27,315,000 | 17,239,000 | |||
Finance, insurance and other, net | |||||||
Revenues: | |||||||
Total consolidated revenues | 177,254,000 | 110,773,000 | 321,916,000 | 226,064,000 | |||
Finance, insurance and other, net | Franchised Dealerships Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 124,060,000 | 80,401,000 | 221,586,000 | 163,429,000 | |||
Finance, insurance and other, net | EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | 53,194,000 | 30,372,000 | 100,330,000 | 62,635,000 | |||
NewVehiclesMember | EchoPark Segment | |||||||
Revenues: | |||||||
Total consolidated revenues | $ 909,000 | $ 0 | $ 909,000 | $ 0 |