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Segment Information Segment Information
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
As of September 30, 2015, the Company had three reportable segments: (1) the U.S., (2) the U.K., and (3) Brazil. Each of the reportable segments is comprised of retail automotive franchises, which sell new vehicles, used vehicles, parts and automotive services, finance and insurance products, and collision centers. The vast majority of the Company's corporate activities are associated with the operations of the U.S. operating segments and therefore the corporate financial results are included within the U.S. reportable segment.
The reportable segments identified above are the business activities of the Company for which discrete financial information is available and for which operating results are regularly reviewed by its chief operating decision maker to allocate resources and assess performance. The Company's chief operating decision maker is its Chief Executive Officer.
Reportable segment revenue, income (loss) before income taxes, provision for income taxes and net income (loss) were as follows for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended September 30, 2015
 
 
Nine Months Ended September 30, 2015
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
 
 
(In thousands)
Total revenues
$
2,343,566

 
$
327,431

 
$
129,572

 
$
2,800,569

 
 
$
6,629,513

 
$
935,139

 
$
395,251

 
$
7,959,903

Income (loss) before income taxes
67,182

 
5,328

 
526

 
73,036

 
 
189,773

 
15,278

 
(765
)
 
204,286

Provision for income taxes
(26,432
)
 
(1,207
)
 
(136
)
 
(27,775
)
 
 
(73,085
)
 
(3,215
)
 
(601
)
 
(76,901
)
Net income (loss)
40,750

 
4,121

 
390

 
45,261

 
 
116,688

 
12,063

 
(1,366
)
 
127,385

 
Three Months Ended September 30, 2014
 
 
Nine Months Ended September 30, 2014
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
 
 
(In thousands)
Total revenues
$
2,175,605

 
$
252,201

 
$
198,642

 
$
2,626,448

 
 
$
6,070,827

 
$
751,226

 
$
576,896

 
$
7,398,949

Income (loss) before income taxes
43,146

 
5,840

 
(5,117
)
 
43,869

 
 
123,474

 
15,974

 
(8,172
)
 
131,276

Provision for income taxes
(20,375
)
 
(1,159
)
 
3,827

 
(17,707
)
 
 
(57,439
)
 
(2,814
)
 
3,304

 
(56,949
)
Net income (loss) (1)
22,771

 
4,681

 
(1,290
)
 
26,162

 
 
66,035

 
13,160

 
(4,868
)
 
74,327

(1) Includes the following, after tax: loss due to extinguishment of long-term debt of $17.9 million and $38.7 million for the three and nine months ended September 30, 2014, respectively, in the U.S.; asset impairment charges of $2.6 million and $3.6 million for the three and nine months ended September 30, 2014, respectively, in the U.S., and $4.0 million for the three and nine months ended September 30, 2014, in Brazil; gain on real estate and dealership transactions of $8.6 million and $8.9 million for the three and nine months ended September 30, 2014, respectively, in the U.S.; and the tax benefit of deductible goodwill of $3.4 million for the three and nine months ended September 30, 2014, in Brazil.

Reportable segment total assets as of September 30, 2015 and December 31, 2014 were as follows:
 
As of September 30, 2015
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
Total assets
$
3,736,130

 
$
378,978

 
$
176,942

 
$
4,292,050


 
As of December 31, 2014
 
U.S.
 
U.K.
 
Brazil
 
Total
 
(In thousands)
Total assets
$
3,529,643

 
$
327,644

 
$
284,205

 
$
4,141,492