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
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,722 $ 5,854
Receivables, net 371,768 438,186
Inventories 1,530,201 1,528,461
Other current assets 118,578 20,886
Total current assets 2,023,269 1,993,387
Property and Equipment, net 1,137,573 1,178,489
Goodwill 487,306 509,592
Other Intangible Assets, net 64,300 69,705
Other Assets 43,663 45,634
Right-of-Use Assets 382,979 0
Total Assets 4,139,090 3,796,807
Current Liabilities:    
Notes payable - floor plan - trade 763,090 821,074
Notes payable - floor plan - non-trade 722,807 712,966
Trade accounts payable 127,443 114,263
Current lease liabilities 50,594 0
Accrued interest 12,892 13,417
Other accrued liabilities 251,038 257,823
Current maturities of long-term debt 38,416 26,304
Total current liabilities 1,966,280 1,945,847
Long-Term Debt 880,939 918,779
Other Long-Term Liabilities 67,819 75,887
Long-Term Lease Liabilities 344,922 0
Deferred Income Taxes 26,844 33,178
Commitments and Contingencies
Stockholders' Equity:    
Class A convertible preferred stock, none issued 0 0
Paid-in capital 747,920 745,052
Retained earnings 701,182 670,691
Accumulated other comprehensive income (loss) 2,372 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 (599,956) (597,623)
Total Stockholders' Equity 852,286 823,116
Total Liabilities and Stockholders' Equity 4,139,090 3,796,807
Class A common stock    
Stockholders' Equity:    
Common stock, value 647 642
Class B common stock    
Stockholders' Equity:    
Common stock, value $ 121 $ 121