Segment Information - Summary of Reportable Operating Segment (Details) - USD ($)
|
3 Months Ended |
9 Months Ended |
|
|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
$ 3,491,500,000
|
$ 3,643,500,000
|
$ 10,328,500,000
|
$ 10,787,600,000
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
113,600,000
|
137,400,000
|
328,000,000.0
|
322,100,000
|
|
|
Interest expense, other, net |
(29,800,000)
|
(29,000,000.0)
|
(88,100,000)
|
(86,200,000)
|
|
|
Other income (expense), net |
0
|
200,000
|
(500,000)
|
300,000
|
|
|
Income (loss) from continuing operations before taxes |
60,800,000
|
91,200,000
|
174,000,000.0
|
187,300,000
|
|
|
Impairment charges |
0
|
0
|
2,400,000
|
(62,600,000)
|
|
|
Excluded non-recurring compensation-related charges |
1,800,000
|
|
|
5,100,000
|
|
|
FloorPlanDepositBalance |
400,000,000.0
|
|
400,000,000.0
|
|
$ 345,000,000.0
|
|
Excluded storm-related physical damage and legal costs |
1,500,000
|
|
5,100,000
|
1,900,000
|
|
|
Impairment of Long-Lived Assets to be Disposed of |
|
|
|
32,500,000
|
|
|
Depreciation, Depletion and Amortization |
37,900,000
|
35,200,000
|
111,100,000
|
105,700,000
|
|
|
FloorPlanInterestExpense |
23,000,000.0
|
17,400,000
|
65,400,000
|
48,900,000
|
|
|
Interest Expense, Other |
29,800,000
|
29,000,000.0
|
88,100,000
|
86,200,000
|
|
|
Payments to Acquire Property, Plant, and Equipment |
53,300,000
|
78,100,000
|
145,900,000
|
153,600,000
|
|
|
Cash and cash equivalents |
17,600,000
|
34,600,000
|
17,600,000
|
34,600,000
|
28,900,000
|
$ 229,200,000
|
Assets |
5,758,200,000
|
|
5,758,200,000
|
|
5,364,600,000
|
|
Gain on Franchise Disposal |
(2,300,000)
|
|
|
(20,900,000)
|
|
|
Powersports Used Vehicle Revenue |
9,000,000.0
|
4,900,000
|
17,600,000
|
17,100,000
|
|
|
Powersports Wholesale Vehicle Revenue |
1,100,000
|
1,300,000
|
2,300,000
|
1,900,000
|
|
|
Powersports Fixed Ops Revenue |
20,100,000
|
21,600,000
|
36,600,000
|
38,600,000
|
|
|
Powersports F&I Revenue |
2,300,000
|
2,400,000
|
5,800,000
|
5,900,000
|
|
|
Powersports Segment Revenue |
59,400,000
|
57,000,000.0
|
126,700,000
|
136,000,000.0
|
|
|
Excluded non-recurring compensation-related charges |
1,800,000
|
|
|
5,100,000
|
|
|
Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
2,887,200,000
|
2,959,800,000
|
8,580,200,000
|
8,773,800,000
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Interest expense, other, net |
(28,500,000)
|
(27,900,000)
|
(84,100,000)
|
(82,200,000)
|
|
|
Impairment charges |
0
|
0
|
(1,000,000.0)
|
0
|
|
|
Depreciation, Depletion and Amortization |
31,500,000
|
28,200,000
|
91,600,000
|
82,800,000
|
|
|
FloorPlanInterestExpense |
18,700,000
|
12,900,000
|
52,500,000
|
34,700,000
|
|
|
Interest Expense, Other |
28,500,000
|
27,900,000
|
84,100,000
|
82,200,000
|
|
|
Payments to Acquire Property, Plant, and Equipment |
50,300,000
|
72,100,000
|
141,400,000
|
137,300,000
|
|
|
Assets |
4,550,300,000
|
|
4,550,300,000
|
|
4,110,800,000
|
|
EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
544,900,000
|
626,700,000
|
1,621,600,000
|
1,877,800,000
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Interest expense, other, net |
(700,000)
|
(700,000)
|
(2,000,000.0)
|
(2,500,000)
|
|
|
Closed Store Accrued Expenses |
|
|
2,100,000
|
|
|
|
Impairment charges |
0
|
0
|
(1,400,000)
|
(62,600,000)
|
|
|
Excluded non-recurring compensation-related charges |
|
900,000
|
2,900,000
|
|
|
|
Depreciation, Depletion and Amortization |
5,400,000
|
6,100,000
|
16,400,000
|
20,400,000
|
|
|
FloorPlanInterestExpense |
3,700,000
|
4,300,000
|
11,300,000
|
13,600,000
|
|
|
Interest Expense, Other |
700,000
|
700,000
|
2,000,000.0
|
2,500,000
|
|
|
Payments to Acquire Property, Plant, and Equipment |
200,000
|
5,400,000
|
800,000
|
14,100,000
|
|
|
Assets |
567,400,000
|
|
567,400,000
|
|
667,900,000
|
|
Gain on Franchise Disposal |
|
|
(2,900,000)
|
|
|
|
Excluded non-recurring compensation-related charges |
|
900,000
|
2,900,000
|
|
|
|
FranchisedDealershipsMember |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Impairment charges |
|
|
(1,000,000.0)
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
2,200,000
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
2,200,000
|
|
|
|
Powersports Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Interest expense, other, net |
(600,000)
|
(400,000)
|
(1,900,000)
|
(1,500,000)
|
|
|
Impairment charges |
0
|
0
|
0
|
0
|
|
|
Depreciation, Depletion and Amortization |
1,100,000
|
900,000
|
3,100,000
|
2,500,000
|
|
|
FloorPlanInterestExpense |
700,000
|
200,000
|
1,600,000
|
600,000
|
|
|
Interest Expense, Other |
600,000
|
400,000
|
1,900,000
|
1,500,000
|
|
|
Payments to Acquire Property, Plant, and Equipment |
2,800,000
|
600,000
|
3,700,000
|
2,200,000
|
|
|
Assets |
222,900,000
|
|
222,900,000
|
|
$ 212,000,000.0
|
|
Operating segments |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
60,800,000
|
91,200,000
|
176,400,000
|
249,900,000
|
|
|
Operating segments | Franchised Dealerships Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
51,600,000
|
101,500,000
|
168,000,000.0
|
357,200,000
|
|
|
Operating segments | EchoPark Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
5,200,000
|
(16,900,000)
|
6,100,000
|
(116,500,000)
|
|
|
Operating segments | Powersports Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
4,000,000.0
|
6,600,000
|
2,300,000
|
9,200,000
|
|
|
Reconciling items |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Interest expense, other, net |
|
|
(2,400,000)
|
(62,600,000)
|
|
|
Other income (expense), net |
60,800,000
|
91,200,000
|
174,000,000.0
|
187,300,000
|
|
|
Impairment charges |
0
|
0
|
|
|
|
|
Interest Expense, Other |
|
|
2,400,000
|
62,600,000
|
|
|
New vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,589,000,000
|
1,596,700,000
|
4,643,200,000
|
4,694,800,000
|
|
|
New vehicles | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,562,100,000
|
1,569,900,000
|
4,578,800,000
|
4,621,300,000
|
|
|
Used vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,180,700,000
|
1,340,400,000
|
3,582,500,000
|
3,991,200,000
|
|
|
Used vehicles | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
701,400,000
|
780,700,000
|
2,162,800,000
|
2,322,800,000
|
|
|
Used vehicles | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
470,300,000
|
554,800,000
|
1,402,000,000
|
1,651,300,000
|
|
|
Wholesale vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
67,200,000
|
79,300,000
|
215,800,000
|
256,300,000
|
|
|
Wholesale vehicles | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
42,400,000
|
51,400,000
|
139,100,000
|
165,300,000
|
|
|
Wholesale vehicles | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
23,800,000
|
26,600,000
|
74,400,000
|
89,100,000
|
|
|
Parts, service and collision repair |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
479,000,000.0
|
453,400,000
|
1,369,800,000
|
1,327,600,000
|
|
|
Parts, service and collision repair | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
458,900,000
|
431,800,000
|
1,333,200,000
|
1,289,000,000
|
|
|
Finance, insurance and other, net |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
175,600,000
|
173,700,000
|
517,200,000
|
517,700,000
|
|
|
Finance, insurance and other, net | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
122,400,000
|
126,000,000.0
|
366,300,000
|
375,400,000
|
|
|
Finance, insurance and other, net | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
50,800,000
|
45,300,000
|
145,200,000
|
136,400,000
|
|
|
NewVehiclesMember | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
0
|
0
|
0
|
1,000,000.0
|
|
|
Retail New Vehicles [Member] |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,566,800,000
|
1,573,500,000
|
4,575,200,000
|
4,624,400,000
|
|
|
Retail New Vehicles [Member] | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,539,900,000
|
1,546,700,000
|
4,510,800,000
|
4,550,900,000
|
|
|
Fleet New Vehicles [Member] |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
22,200,000
|
23,200,000
|
68,000,000.0
|
70,400,000
|
|
|
Fleet New Vehicles [Member] | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
22,200,000
|
23,200,000
|
68,000,000.0
|
70,400,000
|
|
|
Retail New Vehcile |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Powersports New Vehicle Revenue |
$ 26,900,000
|
$ 26,800,000
|
64,400,000
|
$ 72,500,000
|
|
|
CDK Outage Impact [Member] | EchoPark Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
400,000
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
400,000
|
|
|
|
CDK Outage Impact [Member] | FranchisedDealershipsMember |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
13,000,000.0
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
$ 13,000,000.0
|
|
|
|