Sonic Automotive, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2013

Results associated with dealerships classified as discontinued operations

Revenues and other activities associated with franchises classified as discontinued operations were as follows:


	First Quarter Ended March 31,
(In thousands)	2013			2012

Income (loss) from operations	$	(34	)	$	(3,673	)
Gain (loss) on disposal		(37	)		5,660
Lease exit accrual adjustments and charges		(667	)		(3,163	)

Pre-tax income (loss)	$	(738	)	$	(1,176	)



Total revenues	$	—		$	71,070

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details