Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 3,371 $ 1,913
Receivables, net 345,294 309,882
Inventories 1,177,966 863,133
Other current assets 84,402 9,230
Total current assets 1,611,033 1,184,158
Property and Equipment, net 595,124 552,037
Goodwill 454,224 468,465
Other Intangible Assets, net 70,521 76,276
Other Assets 45,820 54,296
Total Assets 2,776,722 2,335,232
Current Liabilities:    
Notes payable - floor plan - trade 655,195 469,027
Notes payable - floor plan - non-trade 524,023 399,314
Trade accounts payable 120,981 86,902
Accrued interest 16,643 12,117
Other accrued liabilities 188,726 171,891
Current maturities of long-term debt 18,587 11,608
Total current liabilities 1,524,155 1,150,859
Long-Term Debt 610,798 536,011
Other Long-Term Liabilities 104,456 124,201
Deferred Income Taxes 10,768 1,419
Commitments and Contingencies      
Stockholders' Equity:    
Class A convertible preferred stock, none issued      
Paid-in capital 669,324 667,839
Retained earnings 208,048 124,383
Accumulated other comprehensive income (loss) (19,963) (21,490)
Treasury stock, at cost (20,141,627 Class A shares held at December 31, 2012 and 15,777,747 Class A shares held at December 31, 2011) (331,599) (248,675)
Total stockholders' equity 526,545 522,742
Total Liabilities and Stockholders' Equity 2,776,772 2,335,232
Common Class A
    
Stockholders' Equity:    
Common stock, value 614 564
Total stockholders' equity 614 564
Common Class B
    
Stockholders' Equity:    
Common stock, value 121 121
Total stockholders' equity $ 121 $ 121