Segment Information Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting Information [Line Items]

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

Reportable segment revenue, gross profit, SG&A, depreciation and amortization expense, asset impairment, floorplan interest expense, other interest expense, benefit (provision) for income taxes, net income (loss) and capital expenditures were as follows for the years ended December 31, 2015, 2014 and 2013:



	Year Ended December 31, 2015
	U.S.				U.K.			Brazil				Total
	(In thousands)
New vehicle retail sales	$	4,989,290			$	641,888		$	370,128			$	6,001,306
Used vehicle retail sales	2,204,728				351,311			82,930				2,638,969
Used vehicle wholesale sales	289,580				100,706			6,965				397,251
Parts and service	1,032,960				102,183			51,050				1,186,193
Finance and insurance	377,432				24,117			7,237				408,786
Total revenues	8,893,990				1,220,205			518,310				10,632,505
Gross profit	1,338,947				137,646			57,379				1,533,972
Selling, general and administrative expense	958,608			⁽¹⁾	108,719			53,506				1,120,833
Depreciation and amortization expense	41,220				4,307			1,712				47,239
Asset impairment	18,983				330			68,249				87,562
Floorplan interest expense	(36,062		)		(2,276		)	(926		)		(39,264		)
Other interest expense, net	(52,277		)		(3,135		)	(1,491		)		(56,903		)
Income (loss) before income taxes	231,797				18,879			(68,505		)		182,171
(Provision) benefit for income taxes	(89,433		)		(3,655		)	4,916				(88,172		)
Net income (loss)	142,364			⁽²⁾	15,224			(63,589		)	⁽³⁾	93,999
Capital expenditures	$	97,504			$	9,395		$	333			$	107,232

⁽¹⁾ Includes the following, pre-tax: loss due to catastrophic events of $1.6 million, a net gain on real estate and dealership transactions of $8.9 million, and legal items of $1.0 million.

⁽²⁾Includes the following, after tax: loss due to catastrophic events of $1.0 million, net gain on real estate and dealership transactions of $5.5 million, and non-cash asset impairment charges of $12.0 million.

⁽³⁾ Includes after-tax non-cash asset impairment charges of $62.4 million.



	Year Ended December 31, 2014
	U.S.				U.K.			Brazil				Total
	(In thousands)
New vehicle retail sales	$	4,669,512			$	519,137		$	552,970			$	5,741,619
Used vehicle retail sales	1,923,740				283,147			117,981				2,324,868
Used vehicle wholesale sales	279,074				82,235			17,834				379,143
Parts and service	966,672				83,747			75,275				1,125,694
Finance and insurance	336,243				18,986			11,336				366,565
Total revenues	8,175,241				987,252			775,396				9,937,889
Gross profit	1,245,907				115,393			86,638				1,447,938
Selling, general and administrative expense	891,693			⁽¹⁾	90,427			79,844				1,061,964
Depreciation and amortization expense	36,701				3,403			2,240				42,344
Asset impairment	15,570				—			25,950				41,520
Floorplan interest expense	(34,060		)		(1,662		)	(5,892		)		(41,614		)
Other interest expense, net	(46,516		)		(2,065		)	(1,112		)		(49,693		)
Loss on extinguishment of long-term debt	(46,403		)		—			—				(46,403		)
Income (loss) before income taxes	174,964				17,836			(28,400		)		164,400
(Provision) benefit for income taxes	(77,715		)		(3,561		)	9,880			⁽²⁾	(71,396		)
Net income (loss)	97,249				14,275			(18,520		)		93,004
Capital expenditures	$	88,774			$	3,679		$	5,256			$	97,709

⁽¹⁾ Includes the following, pre-tax: loss due to catastrophic events of $2.8 million and a gain on real estate and dealership transactions of $13.8 million.

⁽²⁾ Includes the tax impact on deductible goodwill for $3.4 million.



	Year Ended December 31, 2013
	U.S.				U.K.			Brazil ⁽¹⁾				Total
	(In thousands)
New vehicle retail sales	$	4,220,913			$	441,537		$	562,471			$	5,224,921
Used vehicle retail sales	1,728,072				221,590			89,766				2,039,428
Used vehicle wholesale sales	236,995				66,077			29,113				332,185
Parts and service	878,951				67,557			64,177				1,010,685
Finance and insurance	288,409				14,028			8,925				311,362
Total revenues	7,353,340				810,789			754,452				8,918,581
Gross profit	1,116,415				93,221			82,910				1,292,546
Selling, general and administrative expense	830,275			⁽²⁾	74,777			71,804			⁽³⁾	976,856
Depreciation and amortization expense	31,671				2,573			1,582				35,826
Asset impairment	6,542				—			—				6,542
Floorplan interest expense	(33,789		)		(1,589		)	(6,289		)		(41,667		)
Other interest (expense) income, net	(37,982		)		(1,158		)	169				(38,971		)
Other expense, net	—				—			(789		)		(789		)
Income before income taxes	176,156				13,124			2,615				191,895
Provision for income taxes	70,815				3,064			4,024				77,903
Net income (loss)	105,340			⁽⁴⁾	10,061			(1,409		)	⁽⁵⁾	113,992
Capital expenditures	$	64,442			$	1,489		$	3,285			$	69,216

⁽¹⁾ Includes financial data from the date of acquisition in February 2013 through December 31, 2013.

⁽²⁾ Includes the following, pre-tax: loss due to catastrophic events of $12.2 million, a net gain on real estate and dealership transactions of $10.2 million and acquisition costs of $5.2 million.

⁽³⁾ Includes pre-tax acquisition costs of $1.2 million.

⁽⁴⁾ Includes the following, after tax: loss due to catastrophic events of $7.4 million, net gain on real estate and dealership transactions of $5.4 million, non-cash asset impairment charges of $4.0 million and acquisition costs of $3.2 million, as well as the income tax effect of non-deductible acquisition costs of $1.7 million.

⁽⁵⁾ Includes the following, after tax: income tax effect of reserve for certain deferred tax assets of $3.5 million and acquisition costs of $1.3 million.

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

oodwill and intangible franchise rights and total assets by reportable segment were as follows:



	As of December 31, 2015
	U.S.		U.K.		Brazil		Total
	(In thousands)
Goodwill and intangible franchise rights	$	1,095,434	$	43,093	$	23,976	$	1,162,503
Total assets	$	3,940,926	$	358,476	$	115,527	$	4,414,929



	As of December 31, 2014
	U.S.		U.K.		Brazil		Total
	(In thousands)
Goodwill and intangible franchise rights	$	958,144	$	43,295	$	132,885	$	1,134,324
Total assets	$	3,529,643	$	327,644	$	284,205	$	4,141,492