Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions and Dispositions (Tables)

v3.5.0.2
Business Acquisitions and Dispositions (Tables)
6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Revenues and Other Activities Associated with Dealerships Classified as Discontinued Operations

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

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

 

(In thousands)

 

 

Income (loss) from operations

 

$

(133

)

 

$

(393

)

 

$

(327

)

 

$

(645

)

 

Lease exit accrual adjustments and charges

 

 

(229

)

 

 

(116

)

 

 

227

 

 

 

(555

)

 

Pre-tax income (loss)

 

$

(362

)

 

$

(509

)

 

$

(100

)

 

$

(1,200

)

 

Total revenues

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

 

Revenues and Other Activities Associated with Disposed Dealerships That Remain in Continued Operations

Revenues and other activities associated with disposed dealerships that remain in continuing operations were as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

 

(In thousands)

 

 

Income (loss) from operations

 

$

(241

)

 

$

(1,610

)

 

$

(273

)

 

$

(2,556

)

 

Gain (loss) on disposal

 

 

(11

)

 

 

1,057

 

 

 

(58

)

 

 

955

 

 

Property and equipment impairment charges

 

 

-

 

 

 

(10,096

)

 

 

-

 

 

 

(10,096

)

 

Pre-tax income (loss)

 

$

(252

)

 

$

(10,649

)

 

$

(331

)

 

$

(11,697

)

 

Total revenues

 

$

-

 

 

$

28,949

 

 

$

-

 

 

$

57,569