Segment Information - Summary of Reportable Operating Segment (Details) - USD ($) $ in Thousands |
3 Months Ended |
6 Months Ended |
|
|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
$ 3,657,200
|
$ 3,453,000
|
$ 7,308,500
|
$ 6,837,000
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
(23,300)
|
107,700
|
121,600
|
214,400
|
|
|
Interest expense, other, net |
(27,400)
|
(29,300)
|
(55,000)
|
(58,300)
|
|
|
Other income (expense), net |
(100)
|
(500)
|
0
|
(400)
|
|
|
Income (loss) from continuing operations before taxes |
(69,100)
|
55,700
|
28,300
|
113,200
|
|
|
Powersports Fixed Ops Cost of Sales |
(5,600)
|
(5,100)
|
(9,200)
|
(8,800)
|
|
|
Powersports Wholesale Vehicles Cost of Sales |
(300)
|
(1,000)
|
(1,100)
|
(1,200)
|
|
|
Powersports Used Vehicles Cost of Sales |
(6,700)
|
(4,000)
|
(11,300)
|
(6,500)
|
|
|
Powersports New Vehicles Cost of Sales |
(23,000)
|
(18,800)
|
(39,700)
|
(32,300)
|
|
|
EchoPark Wholesale Vehicles Cost of Sales |
(26,000)
|
(22,000)
|
(53,600)
|
(51,300)
|
|
|
EchoPark Used Vehicles Cost of Sales |
(420,500)
|
(444,200)
|
(888,800)
|
(921,700)
|
|
|
Franchised Fixed Ops Cost of Sales |
(236,000)
|
(215,400)
|
(466,300)
|
(434,600)
|
|
|
Franchised Wholesale Vehicles Cost of Sales |
(58,700)
|
(48,900)
|
(114,100)
|
(97,600)
|
|
|
Franchised Used Vehicles Cost of Sales |
(705,400)
|
(693,400)
|
(1,411,200)
|
(1,381,800)
|
|
|
Franchised Fleet New Vehicles Cost of Sales |
(28,900)
|
(25,200)
|
(50,400)
|
(44,100)
|
|
|
Franchised New Vehicles Cost of Sales |
(1,543,900)
|
(1,436,000)
|
(3,094,100)
|
(2,781,800)
|
|
|
Impairment charges |
172,400
|
(1,400)
|
173,800
|
2,400
|
|
|
Excluded non-recurring compensation-related charges |
|
11,200
|
|
|
|
|
FloorPlanDepositBalance |
100,000
|
|
100,000
|
|
$ 340,000
|
|
Excluded storm-related physical damage and legal costs |
4,100
|
3,600
|
5,000
|
3,600
|
|
|
Impairment of Long-Lived Assets to be Disposed of |
|
|
|
2,400
|
|
|
FloorPlanInterestExpense |
18,300
|
22,200
|
38,300
|
42,500
|
|
|
Interest Expense, Other |
27,400
|
29,300
|
55,000
|
58,300
|
|
|
Payments to Acquire Property, Plant, and Equipment |
34,100
|
48,800
|
79,100
|
92,600
|
|
|
Cash and cash equivalents |
110,400
|
67,200
|
110,400
|
67,200
|
44,000
|
$ 28,900
|
Assets |
5,930,400
|
|
5,930,400
|
|
5,895,700
|
|
Gain on Franchise Disposal |
2,400
|
|
2,700
|
|
|
|
Powersports Used Vehicle Revenue |
8,300
|
5,300
|
14,000
|
8,700
|
|
|
Powersports Wholesale Vehicle Revenue |
300
|
900
|
1,100
|
1,100
|
|
|
Powersports Fixed Ops Revenue |
10,600
|
9,700
|
17,600
|
16,500
|
|
|
Powersports F&I Revenue |
2,000
|
2,000
|
3,400
|
3,500
|
|
|
Excluded non-recurring compensation-related charges |
|
11,200
|
|
|
|
|
Franchised Dealerships Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment gross profit |
527,600
|
477,300
|
1,021,600
|
953,100
|
|
|
Payments to Acquire Property, Plant, and Equipment |
32,500
|
48,000
|
77,000
|
91,100
|
|
|
Assets |
4,927,800
|
|
4,927,800
|
|
4,704,500
|
|
EchoPark Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
11,700
|
3,900
|
22,000
|
900
|
|
|
Interest expense, other, net |
400
|
700
|
800
|
1,300
|
|
|
Other income (expense), net |
0
|
100
|
100
|
0
|
|
|
Segment gross profit |
62,100
|
51,100
|
126,000
|
103,700
|
|
|
Other Expenses |
(9,000)
|
(9,600)
|
(19,400)
|
(24,100)
|
|
|
Rent expense, SG&A |
(700)
|
2,700
|
(1,400)
|
3,400
|
|
|
Advertising Expense |
(7,300)
|
(7,000)
|
(15,100)
|
(13,600)
|
|
|
Compensation Expense, Excluding Cost of Good and Service Sold |
(25,200)
|
(23,300)
|
(51,100)
|
(48,500)
|
|
|
Closed Store Accrued Expenses |
|
|
|
2,200
|
|
|
Impairment charges |
|
(1,400)
|
|
|
|
|
Excluded non-recurring compensation-related charges |
|
700
|
|
2,700
|
|
|
Depreciation, Depletion and Amortization |
(5,200)
|
(5,600)
|
(10,500)
|
(11,100)
|
|
|
FloorPlanInterestExpense |
(2,600)
|
(3,800)
|
(5,800)
|
(7,600)
|
|
|
Interest Expense, Other |
(400)
|
(700)
|
(800)
|
(1,300)
|
|
|
Payments to Acquire Property, Plant, and Equipment |
300
|
200
|
500
|
600
|
|
|
Assets |
553,400
|
|
553,400
|
|
574,500
|
|
Excluded non-recurring compensation-related charges |
|
700
|
|
2,700
|
|
|
FranchisedDealershipsMember |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
91,600
|
52,700
|
183,600
|
116,400
|
|
|
Interest expense, other, net |
26,300
|
27,800
|
52,900
|
55,600
|
|
|
Other income (expense), net |
(100)
|
(500)
|
100
|
(500)
|
|
|
Other Expenses |
(101,800)
|
(101,400)
|
(175,700)
|
(198,100)
|
|
|
Rent expense, SG&A |
(9,400)
|
(10,300)
|
(19,100)
|
(20,400)
|
|
|
Advertising Expense |
(16,700)
|
(14,300)
|
(32,600)
|
(29,600)
|
|
|
Compensation Expense, Excluding Cost of Good and Service Sold |
(232,300)
|
(221,900)
|
(458,700)
|
(438,300)
|
|
|
Impairment charges |
(165,900)
|
|
(165,900)
|
(1,000)
|
|
|
Excluded non-recurring compensation-related charges |
|
|
|
2,200
|
|
|
Depreciation, Depletion and Amortization |
(34,100)
|
(30,400)
|
(67,500)
|
(60,200)
|
|
|
FloorPlanInterestExpense |
(15,300)
|
(18,000)
|
(31,600)
|
(34,000)
|
|
|
Interest Expense, Other |
(26,300)
|
(27,800)
|
(52,900)
|
(55,600)
|
|
|
Excluded non-recurring compensation-related charges |
|
|
|
2,200
|
|
|
Powersports Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
0
|
500
|
(3,500)
|
(1,700)
|
|
|
Interest expense, other, net |
700
|
800
|
1,400
|
1,300
|
|
|
Other income (expense), net |
0
|
0
|
0
|
100
|
|
|
Segment gross profit |
12,500
|
10,700
|
21,100
|
18,500
|
|
|
Loss on disposal of business |
|
|
900
|
|
|
|
Other Expenses |
(2,900)
|
(1,700)
|
(6,100)
|
(3,700)
|
|
|
Rent expense, SG&A |
300
|
(100)
|
400
|
(100)
|
|
|
Advertising Expense |
(300)
|
(400)
|
(600)
|
(800)
|
|
|
Compensation Expense, Excluding Cost of Good and Service Sold |
(7,300)
|
(5,700)
|
(13,500)
|
(11,400)
|
|
|
Impairment charges |
(6,500)
|
|
(7,200)
|
|
|
|
Depreciation, Depletion and Amortization |
(1,200)
|
(1,000)
|
(2,500)
|
(2,000)
|
|
|
FloorPlanInterestExpense |
(400)
|
(500)
|
(900)
|
(1,000)
|
|
|
Interest Expense, Other |
(700)
|
(800)
|
(1,400)
|
(1,300)
|
|
|
Payments to Acquire Property, Plant, and Equipment |
1,300
|
600
|
1,600
|
900
|
|
|
Assets |
238,800
|
|
238,800
|
|
$ 232,700
|
|
Operating segments |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
103,300
|
57,100
|
202,100
|
115,600
|
|
|
Operating segments | Franchised Dealerships Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
91,600
|
52,700
|
183,600
|
116,400
|
|
|
Operating segments | EchoPark Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
11,700
|
3,900
|
22,000
|
900
|
|
|
Operating segments | Powersports Segment |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Segment income (loss) |
0
|
500
|
(3,500)
|
(1,700)
|
|
|
Reconciling items |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Interest expense, other, net |
|
|
(173,800)
|
(2,400)
|
|
|
Other income (expense), net |
(69,100)
|
55,700
|
28,300
|
113,200
|
|
|
Impairment charges |
172,400
|
1,400
|
|
|
|
|
Interest Expense, Other |
|
|
173,800
|
2,400
|
|
|
New vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,695,500
|
1,578,800
|
3,373,900
|
3,054,200
|
|
|
Used vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,180,700
|
1,186,200
|
2,405,700
|
2,401,800
|
|
|
Used vehicles | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
744,900
|
732,100
|
1,490,600
|
1,461,400
|
|
|
Used vehicles | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
427,400
|
448,900
|
901,100
|
931,700
|
|
|
Wholesale vehicles |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
83,300
|
71,300
|
166,100
|
148,600
|
|
|
Wholesale vehicles | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
57,800
|
48,400
|
112,200
|
96,900
|
|
|
Wholesale vehicles | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
25,400
|
21,900
|
52,800
|
50,700
|
|
|
Parts, service and collision repair |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
495,600
|
444,100
|
970,000
|
890,800
|
|
|
Parts, service and collision repair | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
484,900
|
434,400
|
952,400
|
874,300
|
|
|
Finance, insurance and other, net |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
202,100
|
172,600
|
392,800
|
341,600
|
|
|
Finance, insurance and other, net | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
144,300
|
124,200
|
274,900
|
243,800
|
|
|
Finance, insurance and other, net | EchoPark Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
55,800
|
46,500
|
114,500
|
94,300
|
|
|
Retail New Vehicles [Member] |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,666,100
|
1,552,600
|
3,322,400
|
3,008,400
|
|
|
Retail New Vehicles [Member] | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
1,639,100
|
1,530,900
|
3,276,100
|
2,970,800
|
|
|
Fleet New Vehicles [Member] |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
29,400
|
26,200
|
51,500
|
45,800
|
|
|
Fleet New Vehicles [Member] | Franchised Dealerships Segment |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Total consolidated revenues |
29,500
|
26,200
|
51,500
|
45,800
|
|
|
Retail New Vehcile |
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
Powersports New Vehicle Revenue |
26,900
|
$ 21,700
|
46,300
|
37,500
|
|
|
CDK Outage Impact [Member] |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Excluded non-recurring compensation-related charges |
|
|
|
11,200
|
|
|
Excluded non-recurring compensation-related charges |
|
|
|
$ 11,200
|
|
|
Insurance Settlement [Member] |
|
|
|
|
|
|
Segment income (loss): |
|
|
|
|
|
|
Other Nonrecurring Gain |
$ (10,000)
|
|
$ (40,000)
|
|
|
|