XML 39 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Detail of Certain Balance Sheet Accounts Detail of Certain Balance Sheet Accounts (Tables)
3 Months Ended
Mar. 31, 2013
Balance Sheet Accounts [Abstract]  
Accounts and notes receivable
Accounts and notes receivable consisted of the following: 
 
 
March 31, 2013
 
December 31, 2012
 
 
(unaudited)
 
 
 
 
(In thousands)
Amounts due from manufacturers
 
$
63,522

 
$
64,039

Parts and service receivables
 
32,617

 
17,879

Finance and insurance receivables
 
16,388

 
16,060

Other
 
21,560

 
14,895

Total accounts and notes receivable
 
134,087

 
112,873

Less allowance for doubtful accounts
 
2,425

 
1,645

Accounts and notes receivable, net
 
$
131,662

 
$
111,228

Summary of inventories
Inventories consisted of the following: 
 
 
March 31, 2013
 
December 31, 2012
 
 
(unaudited)
 
 
 
 
(In thousands)
New vehicles
 
$
1,005,259

 
$
895,484

Used vehicles
 
219,047

 
184,775

Rental vehicles
 
75,885

 
68,014

Parts, accessories and other
 
58,255

 
50,370

Lower of cost or market reserves
 
(5,326
)
 
(4,355
)
Inventories, net
 
$
1,353,120

 
$
1,194,288

Property and equipment
Property and equipment consisted of the following:
 
 
Estimated
Useful Lives
in Years
 
March 31, 2013
 
December 31, 2012
 
 
(unaudited)
 
 
 
 
(Dollars in thousands)
Land
 
 
$
235,845

 
$
232,944

Buildings
 
30 to 40
 
345,909

 
331,526

Leasehold improvements
 
varies
 
114,812

 
97,651

Machinery and equipment
 
7 to 20
 
75,107

 
69,630

Furniture and fixtures
 
3 to 10
 
71,133

 
61,627

Company vehicles
 
3 to 5
 
8,971

 
9,239

Construction in progress
 
 
26,324

 
28,188

Total
 
 
 
878,101

 
830,805

Less accumulated depreciation
 
 
 
178,161

 
163,037

Property and equipment, net
 
 
 
$
699,940

 
$
667,768