Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Reportable segment revenue, gross profit, SG&A, floorplan interest expense, net income and capital expenditures are as follows:



	Three Months Ended June 30, 2013									Six Months Ended June 30, 2013
	U.S.		U.K.		Brazil			Total		U.S.		U.K.		Brazil			Total
	(In thousands)									(In thousands)
Revenues	$	1,881,654	$	207,436	$	246,020		$	2,335,110	$	3,603,440	$	378,514	$	316,988		$	4,298,942
Gross profit	290,476		23,744		27,054			341,274		563,418		42,915		35,430			641,763
Selling, general and administrative expense ⁽¹⁾	210,820		18,570		21,769			251,159		420,304		34,606		29,682			484,592
Floorplan interest expense	8,645		421		1,807			10,873		16,941		727		2,569			20,237
Other interest expense, net	9,301		293		(24		)	9,570		18,341		507		(36		)	18,812
Net income	32,209		2,972		2,207			37,388		53,674		4,488		1,344			59,506
Capital expenditures	15,420		675		684			16,779		30,695		760		929			32,384

⁽¹⁾ Includes a net gain on the disposition of dealerships of $8.4 million and $9.0 million for the three and six months ended June 30, 2013, respectively, in the U.S. segment. Also includes losses due to catastrophic events of $11.1 million and $11.9 million for the three and six months ended June 30, 2013, respectively, in the U.S. segment. For the six months ended June 30, 2013, includes acquisition costs included of $5.2 million, $0.1 million and $1.2 million in the U.S., U.K. and Brazil segments, respectively.



	Three Months Ended June 30, 2012								Six Months Ended June 30, 2012
	U.S.		U.K.		Brazil		Total		U.S.		U.K.		Brazil		Total
	(In thousands)								(In thousands)
Revenues	$	1,757,634	$	138,192	$	—	$	1,895,826	$	3,343,854	$	216,717	$	—	$	3,560,571
Gross profit	269,567		15,777		—		285,344		520,484		25,284		—		545,768
Selling, general and administrative expense ⁽²⁾	201,316		13,011		—		214,327		392,893		20,546		—		413,439
Floorplan interest expense	7,546		317		—		7,863		15,028		454		—		15,482
Other interest expense, net	9,070		120		—		9,190		17,989		241		—		18,230
Net income	27,300		1,325		—		28,625		49,477		2,265		—		51,742
Capital expenditures	16,416		48		—		16,464		25,999		160		—		26,159

⁽²⁾ Includes a loss due to catastrophic events of $2.7 million, as well as a net gain on real estate transactions of $1.1 million for both the three and six months ended June 30, 2012, in the U.S. segment.

Schedule of Segment Reporting, by Segment, Goodwill and Intangible Assets [Table Text Block]

Reportable segment goodwill and intangible franchise rights and total assets by segment are as follows:



	As of June 30, 2013
	U.S.		U.K.		Brazil		Total
	(In thousands)
Goodwill and Intangible Franchise Rights	$	754,539	$	26,076	$	175,215	$	955,830
Total assets	2,886,311		205,034		317,973		3,409,318



	As of December 31, 2012
	U.S.		U.K.		Brazil		Total
	(In thousands)
Goodwill and Intangible Franchise Rights	$	752,372	$	26,070	$	—	$	778,442
Total assets	2,860,771		162,244		—		3,023,015

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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