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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Total assets $ 4,292,050 $ 4,141,492
Total current assets 2,044,790 2,035,219
Cash and cash equivalents 21,968 40,975
Contracts-in-transit and vehicle receivables, net 205,636 237,448
Accounts and notes receivable, net 147,110 151,330
Inventories, net 1,634,421 1,556,705
Deferred income taxes 13,099 11,062
Prepaid expenses and other current assets 22,556 37,699
PROPERTY AND EQUIPMENT, net 978,892 950,388
GOODWILL 912,639 830,377
INTANGIBLE FRANCHISE RIGHTS 339,763 303,947
OTHER ASSETS 15,966 21,561
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Total current liabilities 1,981,847 1,922,199
Floorplan notes payable - credit facility and other 1,177,513 1,143,246
Offset account related to floorplan notes payable - credit facility (28,073) (39,616)
Floorplan notes payable - manufacturer affiliates 347,657 307,656
Offset account related to floorplan notes payable - manufacturer affiliates (20,001) (22,500)
Current maturities of long-term debt 55,959 72,630
Accounts payable 290,509 288,320
Accrued expenses 158,283 172,463
LONG-TERM DEBT, net of current maturities 1,084,161 1,008,837
DEFERRED INCOME TAXES 147,296 141,239
LIABILITIES FROM INTEREST RATE RISK MANAGEMENT ACTIVITIES 39,724 25,311
OTHER LIABILITIES 69,694 65,896
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; 25,720 and 25,724 issued, respectively 257 257
Additional paid-in capital 288,754 286,854
Retained earnings 964,703 852,057
Accumulated other comprehensive loss (145,805) (81,984)
Treasury stock, at cost; 2,018 and 1,385 shares, respectively (138,581) (79,174)
Total stockholders’ equity 969,328 978,010
Total liabilities and stockholders’ equity 4,292,050 4,141,492
U.S. [Member]    
ASSETS    
Total assets 3,736,130 3,529,643
GOODWILL [1] 814,758 700,642
U.K. [Member]    
ASSETS    
Total assets 378,978 327,644
GOODWILL [1] 35,982 35,138
Brazil [Member]    
ASSETS    
Total assets 176,942 284,205
GOODWILL [1] $ 61,899 $ 94,597
[1] 1) Net of accumulated impairment of $42.4 million.