Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

 v2.3.0.11
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 11,013 $ 21,842
Receivables, net 198,936 239,634
Inventories 861,655 903,221
Other current assets 29,307 25,653
Total current assets 1,100,911 1,190,350
Property and Equipment, net 529,567 436,260
Goodwill 468,465 468,516
Other Intangible Assets, net 78,321 79,149
Other Assets 77,225 76,489
Total Assets 2,254,489 2,250,764
Current Liabilities:    
Notes payable - floor plan - trade 438,244 478,834
Notes payable - floor plan - non-trade 308,479 383,151
Trade accounts payable 87,468 59,719
Accrued interest 13,625 14,070
Other accrued liabilities 169,303 160,763
Current maturities of long-term debt 11,355 9,050
Total current liabilities 1,028,474 1,105,587
Long-Term Debt 596,410 546,401
Other Long-Term Liabilities 133,560 134,081
Commitments and Contingencies    
Stockholders' Equity :    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 669,577 666,961
Retained earnings 87,089 53,427
Accumulated other comprehensive loss (19,714) (18,683)
Treasury stock, at cost (15,272,525 Class A shares held at June 30, 2011 and 14,980,640 Class A shares held at December 31, 2010) (241,590) (237,688)
Total stockholders' equity 496,045 464,695
Total Liabilities and Stockholders' Equity 2,254,489 2,250,764
Common Class A
    
Stockholders' Equity :    
Common stock value 562 557
Total stockholders' equity 562 557
Common Class B
    
Stockholders' Equity :    
Common stock value 121 121
Total stockholders' equity $ 121 $ 121