Schedule of Reportable Segment Information |
Selected reportable segment data for continuing operations were as follows (in millions). All intercompany balances and transactions have been eliminated in consolidation. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Six Months Ended June 30, 2025 | | U.S. | | U.K. | | Total | | U.S. | | U.K. | | Total | Total revenues | $ | 4,177.2 | |
| $ | 1,526.4 | | | $ | 5,703.5 | | | $ | 8,098.9 | | | $ | 3,109.9 | | | $ | 11,208.8 | | Cost of sales | $ | 3,448.5 | |
| $ | 1,319.3 | | | $ | 4,767.8 | | | $ | 6,695.3 | | | $ | 2,685.8 | | | $ | 9,381.1 | | | | | | | | | | | | | | SG&A expenses | $ | 471.6 | |
| $ | 174.5 | | | $ | 646.1 | | | $ | 919.0 | | | $ | 344.3 | | | $ | 1,263.4 | | Depreciation and amortization expense | $ | 22.2 | | | $ | 6.5 | | | $ | 28.7 | | | $ | 43.2 | | | $ | 14.8 | | | $ | 58.0 | | Asset impairments | $ | 0.4 | | | $ | — | | | $ | 0.4 | | | $ | (1.9) | | | $ | 2.7 | | | $ | 0.8 | | Restructuring charges | $ | — | | | $ | 7.6 | | | $ | 7.6 | | | $ | — | | | $ | 18.7 | | | $ | 18.7 | | Floorplan interest expense | $ | 20.1 | | | $ | 6.3 | | | $ | 26.4 | | | $ | 40.8 | | | $ | 12.5 | | | $ | 53.3 | | Other interest expense, net | $ | 34.9 | | | $ | 7.8 | | | $ | 42.7 | | | $ | 67.2 | | | $ | 15.3 | | | $ | 82.5 | | Other segment items (1) | $ | — | | | $ | — | | | $ | — | | | $ | (0.2) | | | $ | — | | | $ | (0.2) | | Income before income taxes | $ | 179.6 | | | $ | 4.3 | | | $ | 183.9 | | | $ | 335.7 | | | $ | 15.7 | | | $ | 351.4 | | Capital expenditures: | | | | | | | | | | | | Real estate related capital expenditures | $ | 17.7 | | | $ | — | | | $ | 17.7 | | | $ | 32.5 | | | $ | — | | | $ | 32.5 | | Non-real estate related capital expenditures | 45.8 | | | 8.2 | | | 54.0 | | | 79.4 | | | 12.0 | | | 91.4 | | Total capital expenditures | $ | 63.5 | | | $ | 8.2 | | | $ | 71.7 | | | $ | 111.9 | | | $ | 12.0 | | | $ | 123.9 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | U.S. | | U.K. | | Total | | U.S. | | U.K. | | Total | Total revenues | $ | 3,921.2 | |
| $ | 775.2 | | | $ | 4,696.4 | | | $ | 7,566.9 | | | $ | 1,600.0 | | | $ | 9,166.9 | | Cost of sales | $ | 3,253.5 | |
| $ | 676.4 | | | $ | 3,929.8 | | | $ | 6,260.1 | | | $ | 1,397.7 | | | $ | 7,657.7 | | | | | | | | | | | | | | SG&A expenses | $ | 417.6 | |
| $ | 79.6 | | | $ | 497.2 | | | $ | 812.5 | | | $ | 160.8 | | | $ | 973.3 | | Depreciation and amortization expense | $ | 24.1 | | | $ | 4.1 | | | $ | 28.2 | | | $ | 44.0 | | | $ | 8.0 | | | $ | 52.0 | | | | | | | | | | | | | | Floorplan interest expense | $ | 21.6 | | | $ | 3.1 | | | $ | 24.7 | | | $ | 39.2 | | | $ | 6.0 | | | $ | 45.2 | | Other interest expense, net | $ | 31.1 | | | $ | 2.2 | | | $ | 33.4 | | | $ | 57.9 | | | $ | 4.8 | | | $ | 62.7 | | Other segment items (1) | $ | — | | | $ | 0.1 | | | $ | 0.1 | | | $ | — | | | $ | (0.4) | | | $ | (0.4) | | Income before income taxes | $ | 173.3 | | | $ | 9.7 | | | $ | 183.0 | | | $ | 353.3 | | | $ | 23.0 | | | $ | 376.3 | | Capital expenditures: | | | | | | | | | | | | Real estate related capital expenditures | $ | — | | | $ | — | | | $ | — | | | $ | 3.2 | | | $ | 17.8 | | | $ | 21.0 | | Non-real estate related capital expenditures | 30.8 | | | 8.9 | | | 39.7 | | | 68.0 | | | 13.9 | | | 81.9 | | Total capital expenditures | $ | 30.8 | | | $ | 8.9 | | | $ | 39.7 | | | $ | 71.1 | | | $ | 31.7 | | | $ | 102.9 | |
(1) Other segment items include other expenses, which primarily relate to currency translation.
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Schedule of Segment Reporting, by Segment, Goodwill and Intangible Assets |
| | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | | U.S. | | U.K. | | Total | Property and equipment, net | | $ | 2,306.6 | | | $ | 744.8 | | | $ | 3,051.4 | | Total assets (1) | | $ | 7,816.0 | | | $ | 2,393.5 | | | $ | 10,209.5 | |
| | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | U.S. | | U.K. | | Total | Property and equipment, net | | $ | 2,181.9 | | | $ | 674.6 | | | $ | 2,856.5 | | Total assets (1) | | $ | 7,630.1 | | | $ | 2,176.6 | | | $ | 9,806.6 | |
(1) Total assets for reportable segments exclude the total assets related to discontinued operations. The assets related to discontinued operations were immaterial as of June 30, 2025 and December 31, 2024.
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