Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,401 $ 5,854
Receivables, net 365,005 438,186
Inventories 1,528,667 1,528,461
Other current assets 126,388 20,886
Total current assets 2,022,461 1,993,387
Property and Equipment, net 1,136,213 1,178,489
Goodwill 487,306 509,592
Other Intangible Assets, net 64,300 69,705
Other Assets 43,440 45,634
Right-of-Use Assets   0
Total Assets 4,117,892 3,796,807
Current Liabilities:    
Notes payable - floor plan - trade 742,520 821,074
Notes payable - floor plan - non-trade 704,238 712,966
Trade accounts payable 119,790 114,263
Current lease liabilities   0
Accrued interest 11,872 13,417
Other accrued liabilities 259,467 257,823
Current maturities of long-term debt 62,854 26,304
Total current liabilities 1,945,948 1,945,847
Long-Term Debt 846,222 918,779
Other Long-Term Liabilities 71,133 75,887
Long-Term Lease Liabilities   0
Deferred Income Taxes 20,513 33,178
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 753,214 745,052
Retained earnings 748,166 670,691
Accumulated other comprehensive income (loss) 281 4,233
Treasury stock, at cost; 33,476,159 Class A common stock shares held at September 30, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017 (600,004) (597,623)
Total Stockholders' Equity 902,425 823,116
Total Liabilities and Stockholders' Equity 4,117,892 3,796,807
Other Assets 43,440 45,634
Right-of-Use Assets   0
Class A Common Stock    
Stockholders' Equity:    
Common stock, value 647 642
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 121 $ 121