Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 8,154 $ 6,352
Receivables, net 347,847 482,126
Inventories 1,527,661 1,512,745
Other current assets 26,033 18,574
Total current assets 1,909,695 2,019,797
Property and Equipment, net 1,162,786 1,146,881
Goodwill 510,160 525,780
Other Intangible Assets, net 72,109 74,589
Other Assets 50,064 51,471
Total Assets 3,704,814 3,818,518
Current Liabilities:    
Notes payable - floor plan - trade 744,500 804,238
Notes payable - floor plan - non-trade 720,233 709,098
Trade accounts payable 111,128 129,903
Accrued interest 12,435 12,316
Other accrued liabilities 221,180 237,963
Current maturities of long-term debt 37,786 61,314
Total current liabilities 1,847,262 1,954,832
Long-Term Debt 933,128 963,389
Other Long-Term Liabilities 87,558 61,918
Deferred Income Taxes 49,886 51,619
Commitments and Contingencies 0 0
Stockholders’ Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 739,212 732,854
Retained earnings 638,895 625,356
Accumulated other comprehensive income (loss) 5,092 1,307
Treasury stock, at cost; 33,443,952 Class A common stock shares held at June 30, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (596,981) (573,513)
Total Stockholders’ Equity 786,980 786,760
Total Liabilities and Stockholders’ Equity 3,704,814 3,818,518
Class A common stock    
Stockholders’ Equity:    
Common stock, value 641 635
Class B common stock    
Stockholders’ Equity:    
Common stock, value $ 121 $ 121