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, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 1,913 $ 21,842
Receivables, net 303,279 239,634
Inventories 863,133 903,221
Assets held for sale 0 2,020
Other current assets 12,404 23,633
Total current assets 1,180,729 1,190,350
Property and Equipment, net 552,037 436,260
Goodwill 468,465 468,516
Other Intangible Assets, net 76,276 79,149
Other Assets 62,122 76,489
Total Assets 2,339,629 2,250,764
Current Liabilities:    
Notes payable - floor plan - trade 469,027 478,834
Notes payable - floor plan - non-trade 399,314 383,151
Trade accounts payable 86,902 59,719
Accrued interest 12,117 14,070
Other accrued liabilities 177,707 160,763
Current maturities of long-term debt 11,608 9,050
Total current liabilities 1,156,675 1,105,587
Long-Term Debt 536,011 546,401
Other Long-Term Liabilities 124,201 134,081
Commitments and Contingencies      
Stockholders' Equity:    
Class A convertible preferred stock, none issued      
Paid-in capital 667,839 666,961
Retained earnings 124,383 53,427
Accumulated other comprehensive income (loss) (21,490) (18,683)
Treasury stock, at cost (15,777,747 Class A shares held at December 31, 2011 and 14,980,640 Class A shares held at December 31, 2010) (248,675) (237,688)
Total stockholders' equity 522,742 464,695
Total Liabilities and Stockholders' Equity 2,339,629 2,250,764
Common Class A [Member]
    
Stockholders' Equity:    
Common stock, value 564 557
Total stockholders' equity 564 557
Common Class B [Member]
    
Stockholders' Equity:    
Common stock, value 121 121
Total stockholders' equity $ 121 $ 121