Quarterly report [Sections 13 or 15(d)]

Business Combinations

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Business Combinations
 3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Business Acquisitions and Dispositions Business Acquisitions and Dispositions
During the three months ended March 31, 2026 and the three months ended March 31, 2025, we did not acquire any businesses.
During the three months ended March 31, 2026, we disposed of three mid-line import franchised dealerships and one domestic franchised dealership. The disposal of these four franchised dealerships and related real estate generated net cash of approximately $40.2 million and $18.5 million, respectively, for combined gross proceeds of $58.7 million and generated a pre-tax gain on disposal of approximately $5.1 million. During the three months ended March 31, 2025, we terminated one franchise within the Powersports Segment.