Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 10,700 $ 6,300
Receivables, net 391,600 469,000
Inventories 2,443,000 2,012,900
Other current assets 244,500 344,300
Total current assets 3,089,800 2,832,500
Property and Equipment, net 1,728,300 1,562,900
Goodwill 428,500 421,800
Other Intangible Assets, net 508,400 454,100
Right-of-use asset 258,900 279,100
Finance Lease, Right-of-Use Asset, after Accumulated Amortization 350,000 328,400
Other Assets 149,300 91,900
Total Assets 6,513,200 5,970,700
Current Liabilities:    
Notes payable - floor plan - trade 211,200 184,600
Notes payable - floor plan - non-trade 2,076,800 1,748,100
Trade accounts payable 164,900 151,000
Operating Lease, Liability, Current 31,100 33,500
Finance Lease, Liability, Current 120,900 19,200
Other accrued liabilities 451,600 409,100
Current maturities of long-term debt 193,300 52,400
Total current liabilities 3,249,800 2,597,900
Long-Term Debt 1,556,400 1,563,000
Other Long-Term Liabilities 111,600 114,400
Operating Lease, Liability, Noncurrent 247,700 268,300
Finance Lease, Liability, Noncurrent 286,200 359,000
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 921,400 908,200
Retained Earnings (Accumulated Deficit) 1,602,000 1,481,100
Accumulated other comprehensive income (loss) 600 (700)
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 (1,463,300) (1,321,300)
Total Stockholders' Equity 1,061,500 1,068,100
Total Liabilities and Stockholders' Equity 6,513,200 5,970,700
Class A Common Stock    
Stockholders' Equity:    
Common stock, value $ 700 $ 700
Treasury Stock, Common, Shares 50,828,146 48,588,384
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 100 $ 100