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
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 67,200 $ 28,900
Receivables, net 441,200 528,100
Inventories 1,952,300 1,578,300
Other current assets 455,500 385,100
Total current assets 2,916,200 2,520,400
Property and Equipment, net 1,593,100 1,601,000
Goodwill 253,700 253,800
Other Intangible Assets, net 417,400 417,400
Right-of-use asset 200,900 222,600
Finance Lease, Right-of-Use Asset, after Accumulated Amortization 300,500 236,600
Other Assets 122,400 112,800
Total Assets 5,804,200 5,364,600
Current Liabilities:    
Notes payable - floor plan - trade 164,300 152,100
Notes payable - floor plan - non-trade 1,761,900 1,520,600
Trade accounts payable 219,800 149,800
Operating Lease, Liability, Current 25,800 29,900
Finance Lease, Liability, Current 11,300 10,200
Other accrued liabilities 362,200 370,200
Current maturities of long-term debt 105,700 60,100
Total current liabilities 2,651,000 2,292,900
Long-Term Debt 1,602,300 1,616,500
Other Long-Term Liabilities 87,100 89,600
Operating Lease, Liability, Noncurrent 196,200 219,200
Finance Lease, Liability, Noncurrent 322,900 254,500
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 871,600 855,400
Retained Earnings (Accumulated Deficit) 1,301,400 1,238,600
Accumulated other comprehensive income (loss) 2,500 1,600
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 (1,231,600) (1,204,500)
Total Stockholders' Equity 944,700 891,900
Total Liabilities and Stockholders' Equity 5,804,200 5,364,600
Class A Common Stock    
Stockholders' Equity:    
Common stock, value $ 700 $ 700
Treasury Stock, Common, Shares 47,188,162 46,686,608
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 100 $ 100