Segment Information - Summary of Reportable Operating Segment (Details) |
3 Months Ended | 12 Months Ended | |||||||||||
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Dec. 31, 2019
USD ($)
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Sep. 30, 2019
USD ($)
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Jun. 30, 2019
USD ($)
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Mar. 31, 2019
USD ($)
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Dec. 31, 2018
USD ($)
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Sep. 30, 2018
USD ($)
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Jun. 30, 2018
USD ($)
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Mar. 31, 2018
USD ($)
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Dec. 31, 2019
USD ($)
Segment
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Dec. 31, 2018
USD ($)
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Dec. 31, 2017
USD ($)
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Jan. 01, 2019
USD ($)
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Dec. 31, 2016
USD ($)
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Segment Reporting Information [Line Items] | |||||||||||||
Operating income (loss) | $ 307,706,000 | $ 177,663,000 | $ 211,565,000 | ||||||||||
Interest expense, other, net | (52,953,000) | (54,059,000) | (52,524,000) | ||||||||||
Other income (expense), net | (6,589,000) | 106,000 | (14,522,000) | ||||||||||
Income (loss) from continuing operations before taxes | 199,645,000 | 75,312,000 | 108,124,000 | ||||||||||
Segment Schedule Footnotes | |||||||||||||
Asset impairment charges | $ 17,700,000 | $ 1,900,000 | $ 15,600,000 | $ 10,300,000 | $ 3,600,000 | 20,768,000 | 29,514,000 | 9,394,000 | |||||
Storm-related physical damage | $ 1,200,000 | 3,100,000 | |||||||||||
Executive transition costs | 1,600,000 | 6,300,000 | 1,600,000 | 1,300,000 | |||||||||
Nonrecurring Compensation Expense | 6,300,000 | 23,300,000 | 9,200,000 | 32,500,000 | |||||||||
Gain (Loss) on Extinguishment of Debt | (7,200,000) | 6,690,000 | 0 | 14,607,000 | |||||||||
Total floor plan interest expense | 48,519,000 | 48,398,000 | 36,395,000 | ||||||||||
Depreciation, Depletion and Amortization, Nonproduction | 93,169,000 | 93,623,000 | 88,944,000 | ||||||||||
Total assets | 4,071,035,000 | 3,796,807,000 | 4,071,035,000 | 3,796,807,000 | |||||||||
Cash and cash equivalents | 29,103,000 | 5,854,000 | 29,103,000 | 5,854,000 | 6,352,000 | $ 3,108,000 | |||||||
Goodwill | 475,791,000 | 509,592,000 | 475,791,000 | 509,592,000 | 525,780,000 | ||||||||
Intangible Assets, Net (Excluding Goodwill) | 64,300,000 | 69,705,000 | $ 64,300,000 | 69,705,000 | $ 65,700,000 | ||||||||
Number of operating segments | Segment | 2 | ||||||||||||
Segment Income | $ 220,413,000 | 104,826,000 | 117,518,000 | ||||||||||
EchoPark Segment Income | 9,146,000 | (52,587,000) | (20,950,000) | ||||||||||
Segment Retail Units Sold | |||||||||||||
Franchised Dealerships New Vehicle Revenue | 4,889,171 | 4,974,097 | 5,295,051 | ||||||||||
Franchised Dealerships Used Vehicle Revenue | 2,493,467 | 2,370,799 | 2,406,407 | ||||||||||
Franchised Dealerships Wholesale Revenue | 180,020 | 197,184 | 161,581 | ||||||||||
Franchised Dealerships Fixed Ops Revenue | 1,366,550 | 1,364,559 | 1,401,802 | ||||||||||
Franchised Dealerships F&I Revenue | 363,117 | 344,814 | 348,058 | ||||||||||
Franchised Dealerships Segment Revenue | 9,292,325 | 9,251,453 | 9,612,899 | ||||||||||
Revenues | $ 2,748,404,000 | $ 2,702,720,000 | $ 2,614,081,000 | $ 2,389,138,000 | $ 2,574,259,000 | $ 2,470,849,000 | $ 2,505,749,000 | $ 2,400,773,000 | |||||
EchoPark Used Vehicle Revenue | 996,504 | 602,698 | 215,646 | ||||||||||
EchoPark Wholesale Revenue | 22,927 | 20,443 | 9,483 | ||||||||||
EchoPark Fixed Ops Revenue | 28,753 | 16,327 | 14,208 | ||||||||||
EchoPark F&I Revenue | 113,834 | 60,709 | 14,972 | ||||||||||
EchoPark Segment Revenue | 1,162,018 | 700,177 | 254,309 | ||||||||||
EchoPark Total Impairment [Member] | |||||||||||||
Segment Schedule Footnotes | |||||||||||||
Asset impairment charges | 19,667,000 | 1,582,000 | 1,903,000 | ||||||||||
Franchised Dealership Impairment [Member] | |||||||||||||
Segment Schedule Footnotes | |||||||||||||
Asset impairment charges | $ 1,101,000 | $ 27,932,000 | $ 7,491,000 |
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- Definition EchoPark F&I Revenue No definition available.
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- Definition EchoPark Fixed Ops Revenue No definition available.
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- Definition EchoPark Segment Income No definition available.
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- Definition EchoPark Segment Revenue No definition available.
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- Definition EchoPark Used Vehicle Revenue No definition available.
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- Definition EchoPark Wholesale Revenue No definition available.
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- Definition Executive Transition Costs No definition available.
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- Definition Interest expense, floor plan. No definition available.
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- Definition Franchised Dealerships F&I Revenue No definition available.
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- Definition Franchised Dealerships Fixed Ops Revenue No definition available.
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- Definition Franchised Dealerships New Vehicle Revenue No definition available.
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- Definition Franchised Dealerships Segment Revenue No definition available.
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- Definition Franchised Dealerships Used Vehicle Revenue No definition available.
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- Definition Franchised Dealerships Wholesale Revenue No definition available.
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- Definition Nonrecurring Compensation Expense No definition available.
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- Definition Segment Income No definition available.
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- Definition Segment Retail Units Sold No definition available.
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- Definition Storm Damage Related Expense No definition available.
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as other. No definition available.
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- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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