v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Revenues $ 3,934,000 $ 3,657,200 $ 7,622,500 $ 7,308,500
Cost of Sales:        
Cost of Sales (3,317,800) (3,055,000) (6,407,600) (6,139,800)
Gross profit 616,200 602,200 1,214,900 1,168,700
Selling, general and administrative expenses (444,600) (412,600) (871,600) (792,900)
Asset impairment charges 0 (172,400) (400) (173,800)
Depreciation and amortization (40,000) (40,500) (78,600) (80,400)
Operating income (loss) 131,600 (23,300) 264,300 121,600
Other income (expense):        
Interest expense, floor plan (20,900) (18,300) (40,200) (38,300)
Interest expense, other, net (30,400) (27,400) (58,700) (55,000)
Other income (expense), net 0 (100) 0 0
Total other income (expense) (51,300) (45,800) (98,900) (93,300)
Income (loss) from continuing operations before taxes 80,300 (69,100) 165,400 28,300
Provision for income taxes for continuing operations - benefit (expense) (22,900) 23,500 (47,100) (3,300)
Discontinued operations:        
Net income (loss) $ 57,400 $ (45,600) $ 118,300 $ 25,000
Basic earnings (loss) per common share:        
Earnings (loss) per common share (usd per share) $ 1.82 $ (1.34) $ 3.63 $ 0.74
Weighted average common shares outstanding 31,600 34,100 32,600 34,000
Diluted earnings (loss) per common share:        
Earnings (loss) per common share (usd per share) $ 1.79 $ (1.34) $ 3.58 $ 0.72
Weighted average common shares outstanding 32,100 34,100 33,000 34,700
Total vehicles        
Revenues:        
Revenues $ 3,194,300 $ 2,959,500 $ 6,163,600 $ 5,945,700
Cost of Sales:        
Cost of Sales (3,059,000) (2,813,300) (5,896,700) (5,664,300)
New vehicles        
Revenues:        
Revenues 1,794,100 1,695,500 3,422,200 3,373,900
Cost of Sales:        
Cost of Sales (1,702,200) (1,595,800) (3,245,500) (3,184,200)
Used vehicles        
Revenues:        
Revenues 1,329,700 1,180,700 2,599,300 2,405,700
Cost of Sales:        
Cost of Sales (1,283,100) (1,132,600) (2,504,300) (2,311,300)
Wholesale vehicles        
Revenues:        
Revenues 70,500 83,300 142,100 166,100
Cost of Sales:        
Cost of Sales (73,700) (84,900) (146,900) (168,800)
Retail New Vehicles [Member]        
Revenues:        
Revenues 1,769,300 1,666,100 3,376,800 3,322,400
Cost of Sales:        
Cost of Sales (1,677,900) (1,566,900) (3,200,900) (3,133,800)
Fleet New Vehicles [Member]        
Revenues:        
Revenues 24,800 29,400 45,400 51,500
Cost of Sales:        
Cost of Sales (24,300) (28,900) (44,600) (50,400)
Parts, service and collision repair        
Revenues:        
Revenues 530,200 495,600 1,046,900 970,000
Cost of Sales:        
Cost of Sales (258,800) (241,700) (510,900) (475,500)
Finance, insurance and other, net        
Revenues:        
Revenues $ 209,500 $ 202,100 $ 412,000 $ 392,800