Expense of approximately $0.3 million is recorded in interest expense, other, net, a benefit of approximately $0.4 million is recorded in selling, general and
administrative expenses and expense of approximately $3.6 million is recorded to income (loss) from operations and the sale of dealerships in the accompanying Unaudited Condensed Consolidated Statements of Income.
(2)
Amount is recorded as reduction of rent expense in selling, general and administrative expenses, with approximately $1.0 million in continuing operations and $5.6
million as a reduction to income (loss) from operations and the sale of dealerships in the accompanying Unaudited Condensed Consolidated Statements of Income.
(3)
Amount represents write-off of accrual related to an early lease buyout agreement which was completed and paid, relieving Sonic of any future lease obligation.