Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 2,360 $ 1,913
Receivables, net 255,001 303,279
Inventories 986,095 863,133
Other current assets 19,880 12,404
Total current assets 1,263,336 1,180,729
Property and Equipment, net 554,081 552,037
Goodwill 464,488 468,465
Other Intangible Assets, net 75,888 76,276
Other Assets 57,785 62,122
Total Assets 2,415,578 2,339,629
Current Liabilities:    
Notes payable - floor plan - trade 489,579 469,027
Notes payable - floor plan - non-trade 422,404 399,314
Trade accounts payable 90,385 86,902
Accrued interest 9,294 12,117
Other accrued liabilities 178,550 177,707
Current maturities of long-term debt 12,052 11,608
Total current liabilities 1,202,264 1,156,675
Long-Term Debt 545,028 536,011
Other Long-Term Liabilities 122,963 124,201
Commitments and Contingencies      
Stockholders' Equity:    
Class A convertible preferred stock, none issued      
Paid-in capital 671,304 667,839
Retained earnings 143,551 124,383
Accumulated other comprehensive income (loss) (19,749) (21,490)
Treasury stock, at cost (15,881,578 Class A shares held at March 31, 2012 and 15,777,747 Class A shares held at December 31, 2011) (250,474) (248,675)
Total stockholders' equity 545,323 522,742
Total Liabilities and Stockholders' Equity 2,415,578 2,339,629
Common Class A
    
Stockholders' Equity:    
Common stock, value 570 564
Total stockholders' equity 570 564
Common Class B
    
Stockholders' Equity:    
Common stock, value 121 121
Total stockholders' equity $ 121 $ 121