Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Revenues $ 3,491,200,000 $ 3,456,200,000
Cost of Sales:    
Cost of Sales (2,937,700,000) (2,884,900,000)
Gross profit 553,500,000 571,300,000
Selling, general and administrative expenses (412,800,000) (387,000,000.0)
Depreciation and amortization (34,300,000) (29,900,000)
Operating income (loss) 106,400,000 154,400,000
Other income (expense):    
Interest expense, floor plan (14,600,000) (5,000,000.0)
Interest expense, other, net (28,400,000) (20,800,000)
Other income (expense), net 200,000 300,000
Total other income (expense) (42,800,000) (25,500,000)
Income (loss) from continuing operations before taxes 63,600,000 128,900,000
Provision for income taxes for continuing operations - benefit (expense) (15,900,000) (31,600,000)
Discontinued operations:    
Net income (loss) $ 47,700,000 $ 97,300,000
Basic earnings (loss) per common share:    
Earnings (loss) per common share (usd per share) $ 1.33 $ 2.41
Weighted average common shares outstanding 35,900 40,400
Diluted earnings (loss) per common share:    
Earnings (loss) per common share (usd per share) $ 1.29 $ 2.33
Weighted average common shares outstanding 36,900 41,800
Total vehicles    
Revenues:    
Revenues $ 2,892,100,000 $ 2,908,400,000
Cost of Sales:    
Cost of Sales (2,720,100,000) (2,690,600,000)
New vehicles    
Revenues:    
Revenues 1,461,600,000 1,369,500,000
Cost of Sales:    
Cost of Sales (1,322,600,000) (1,201,000,000)
Used vehicles    
Revenues:    
Revenues 1,344,900,000 1,370,100,000
Cost of Sales:    
Cost of Sales (1,314,900,000) (1,322,200,000)
Wholesale vehicles    
Revenues:    
Revenues 85,600,000 168,800,000
Cost of Sales:    
Cost of Sales (82,600,000) (167,400,000)
Retail New Vehicles [Member]    
Revenues:    
Revenues 1,442,800,000 1,351,300,000
Cost of Sales:    
Cost of Sales (1,304,700,000) (1,183,600,000)
Fleet New Vehicles [Member]    
Revenues:    
Revenues 18,800,000 18,200,000
Cost of Sales:    
Cost of Sales (17,900,000) (17,400,000)
Parts, service and collision repair    
Revenues:    
Revenues 430,500,000 381,200,000
Cost of Sales:    
Cost of Sales (217,600,000) (194,300,000)
Finance, insurance and other, net    
Revenues:    
Revenues $ 168,600,000 $ 166,600,000