Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 3,016 $ 3,371
Receivables, net 354,138 345,294
Inventories 1,282,138 1,177,966
Other current assets 92,893 84,402
Total current assets 1,732,185 1,611,033
Property and Equipment, net 702,011 595,124
Goodwill 476,315 454,224
Other Intangible Assets, net 87,866 70,521
Other Assets 52,793 45,820
Total Assets 3,051,170 2,776,722
Current Liabilities:    
Notes payable - floor plan - trade 681,030 655,195
Notes payable - floor plan - non-trade 570,661 524,023
Trade accounts payable 126,025 120,981
Accrued interest 12,653 16,643
Other accrued liabilities 185,951 188,726
Current maturities of long-term debt 18,216 18,587
Total current liabilities 1,594,536 1,524,155
Long-Term Debt 730,157 610,798
Other Long-Term Liabilities 81,286 104,456
Deferred Income Taxes 31,552 10,768
Commitments and Contingencies      
Stockholders' Equity:    
Class A convertible preferred stock, none issued      
Paid-in capital 685,782 669,324
Retained earnings 284,368 208,048
Accumulated other comprehensive income (loss) (8,582) (19,963)
Treasury stock, at cost; 20,900,264 Class A shares held at December 31, 2013 and 20,141,627 Class A shares held at December 31, 2012 (348,666) (331,599)
Total stockholders' equity 613,639 526,545
Total Liabilities and Stockholders' Equity 3,051,170 2,776,722
Common Class A [Member]
    
Stockholders' Equity:    
Common stock, value 616 614
Total stockholders' equity 616 614
Common Class B [Member]
    
Stockholders' Equity:    
Common stock, value 121 121
Total stockholders' equity $ 121 $ 121