Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 89,400 $ 44,000
Receivables, net 446,500 495,900
Inventories 2,055,600 1,957,700
Other current assets 216,200 387,900
Total current assets 2,807,700 2,885,500
Property and Equipment, net 1,588,400 1,606,900
Goodwill 623,300 358,500
Other Intangible Assets, net 252,100 430,300
Right-of-use asset 284,600 224,300
Finance Lease, Right-of-Use Asset, after Accumulated Amortization 321,400 317,200
Other Assets 138,900 73,000
Total Assets 6,016,400 5,895,700
Current Liabilities:    
Notes payable - floor plan - trade 158,500 165,600
Notes payable - floor plan - non-trade 1,837,900 1,773,700
Trade accounts payable 214,700 172,000
Operating Lease, Liability, Current 32,300 25,600
Finance Lease, Liability, Current 13,100 11,900
Other accrued liabilities 446,600 412,800
Current maturities of long-term debt 52,700 76,100
Total current liabilities 2,755,800 2,637,700
Long-Term Debt 1,437,500 1,511,900
Other Long-Term Liabilities 123,500 119,700
Operating Lease, Liability, Noncurrent 274,000 220,100
Finance Lease, Liability, Noncurrent 356,300 344,000
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 902,400 884,600
Retained Earnings (Accumulated Deficit) 1,447,000 1,412,000
Accumulated other comprehensive income (loss) 2,100 3,800
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 (1,283,000) (1,238,900)
Total Stockholders' Equity 1,069,300 1,062,300
Total Liabilities and Stockholders' Equity 6,016,400 5,895,700
Class A Common Stock    
Stockholders' Equity:    
Common stock, value $ 700 $ 700
Treasury Stock, Common, Shares 47,986,914 47,312,092
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 100 $ 100