Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
CURRENT ASSETS:
Cash and cash equivalents	$ 10,852	$ 4,650
Contracts-in-transit and vehicle receivables, net	185,626	204,396
Accounts and notes receivable, net	132,513	111,228
Inventories, net	1,358,294	1,194,288
Deferred income taxes	22,072	19,750
Prepaid expenses and other current assets	21,443	31,869
Total current assets	1,730,800	1,566,181
PROPERTY AND EQUIPMENT, net	706,293	667,768
GOODWILL	680,857	582,384	[1]
INTANGIBLE FRANCHISE RIGHTS	274,973	196,058
OTHER ASSETS	16,395	10,624
Total assets	3,409,318	3,023,015
CURRENT LIABILITIES:
Floorplan notes payable - credit facility and other	1,016,896	968,959
Offset account related to floorplan notes payable - credit facility	(81,996)	(112,261)
Floorplan notes payable - manufacturer affiliates	301,670	211,965
Current maturities of long-term debt and short-term financing	24,338	31,358
Accounts payable	237,573	167,439
Accrued expenses	144,361	128,118
Total current liabilities	1,642,842	1,395,578
LONG-TERM DEBT, net of current maturities	541,709	555,016
DEFERRED INCOME TAXES	130,517	94,130
LIABILITIES FROM INTEREST RATE RISK MANAGEMENT ACTIVITIES	28,116	43,089
OTHER LIABILITIES	44,810	42,413
COMMITMENTS AND CONTINGENCIES (NOTE 11)
TEMPORARY EQUITY - Redeemable equity portion of the 3.00% Convertible Senior Notes	30,835	32,505
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.01 par value, 1,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value, 50,000 shares authorized; 25,934 and 25,836 issued, respectively	259	258
Additional paid-in capital	367,569	332,836
Retained earnings	729,869	677,864
Accumulated other comprehensive loss	(48,682)	(33,057)
Treasury stock, at cost; 1,523 and 3,110 shares, respectively	(58,526)	(117,617)
Total stockholders’ equity	990,489	860,284
Total liabilities and stockholders’ equity	$ 3,409,318	$ 3,023,015

[1] Net of accumulated impairment of $40.3 million