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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
New vehicle retail sales $ 1,268,836 $ 1,110,235
Used vehicle retail sales 549,897 471,399
Used vehicle wholesale sales 89,173 74,551
Parts and service sales 269,317 237,510
Finance, insurance and other, net 83,640 70,137
Total revenues 2,260,863 1,963,832
COST OF SALES:    
New vehicle retail sales 1,201,930 1,047,599
Used vehicle retail sales 507,096 431,123
Used vehicle wholesale sales 86,061 72,129
Parts and service sales 127,654 112,492
Total cost of sales 1,922,741 1,663,343
GROSS PROFIT 338,122 300,489
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (257,558) (233,433)
DEPRECIATION AND AMORTIZATION EXPENSE (9,925) (8,413)
INCOME FROM OPERATIONS 70,639 58,643
OTHER EXPENSE:    
Floorplan interest expense (10,913) (9,364)
Other interest expense, net (10,513) (9,242)
Other expense, net 0 (789)
INCOME BEFORE INCOME TAXES 49,213 39,248
PROVISION FOR INCOME TAXES (17,910) (17,130)
NET INCOME $ 31,303 $ 22,118
BASIC EARNINGS PER SHARE $ 1.29 $ 0.95
Weighted average common shares outstanding 23,339 22,282
DILUTED EARNINGS PER SHARE $ 1.19 $ 0.88
Weighted average common shares outstanding 25,428 24,113
CASH DIVIDENDS PER COMMON SHARE $ 0.17 $ 0.15