XML 109 R92.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Financial Information Condensed Consolidated Cash Flow (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities $ 141,047 $ 198,288 $ 52,372  
Cash paid in acquisitions, net of cash received (212,252) (336,551) (269,860)  
Proceeds from disposition of franchises, property and equipment 41,581 144,597 102,186  
Purchases of property and equipment, including real estate (120,252) (150,392) (102,858)  
Payments for (Proceeds from) Other Investing Activities 6,421 (4,705) 1,878  
Net Cash Provided by (Used in) Investing Activities (284,502) (347,051) (268,654)  
Borrowings on credit facility - floorplan line and other 7,557,237 7,832,014 6,379,328  
Repayments On Credit Facility Floorplan Line (7,504,516) (7,802,719) (6,153,677)  
Borrowings on Credit Facility Acquisition Line 489,548 389,368 60,000  
Repayments on Credit Facility Acquisition Line (557,696) (379,681) 0  
Borrowings On Real Estate Credit Facility 0 200 19,640  
Principal Payments On Real Estate Credit Facility (3,340) (9,917) (8,597)  
Net borrowings on 5.25% Senior Unsecured Notes 296,250 0 0  
Payments of Debt Issuance Costs (788) (1,881) 0  
Repayments of 3.00% Convertible Notes 0 (260,074) 0  
Proceeds from call options and warrants related to 3.00% Notes 0 32,697 0  
Repayments of 2.25% Convertible Notes 0 (182,756) 0  
Proceeds from Issuance of Other Long-term Debt 59,855 91,137 10,289  
Repayments of Other Long-term Debt (63,769) (85,905) (71,170)  
Borrowings Of Long Term Debt Related To Real Estate Loans 32,026 111,979 55,345  
Principal Payments Of Long Term Debt Related To Real Estate Loans (68,739) (50,033) (36,978)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 214 (321) (1,822)  
Repurchases of common stock, amounts based on settlement date (97,473) (36,802) (3,553)  
Tax effect from excess stock-based compensation 2,142 1,841 2,993  
Dividends paid (19,942) (17,097) (15,805)  
Borrowings (repayments) with subsidiaries 0 0 0  
Change in investment in subsidiaries 0 0 0  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries 0 0 0  
Net cash provided by (used in) financing activities 121,009 171,650 235,993  
Effect of Exchange Rate on Cash and Cash Equivalents (5,492) (2,127) (4,146)  
Cash and Cash Equivalents, Period Increase (Decrease) (27,938) 20,760 15,565  
Cash and Cash Equivalents, at Carrying Value 13,037 40,975 20,215 $ 4,650
Net borrowings on 5.00% Senior Unsecured Notes 0 539,600 0  
Parent Company [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 93,999 (327) (3,797)  
Cash paid in acquisitions, net of cash received 0 0 0  
Proceeds from disposition of franchises, property and equipment 0 0 0  
Purchases of property and equipment, including real estate 0 0 0  
Payments for (Proceeds from) Other Investing Activities 0 0 0  
Net Cash Provided by (Used in) Investing Activities 0 0 0  
Borrowings on credit facility - floorplan line and other 0 0 0  
Repayments On Credit Facility Floorplan Line 0 0 0  
Borrowings on Credit Facility Acquisition Line 489,548 389,368 60,000  
Repayments on Credit Facility Acquisition Line (557,696) (379,681)    
Borrowings On Real Estate Credit Facility   0 0  
Principal Payments On Real Estate Credit Facility 0 0 0  
Net borrowings on 5.25% Senior Unsecured Notes 296,250      
Payments of Debt Issuance Costs 0 (1,881)    
Repayments of 3.00% Convertible Notes   (260,074)    
Proceeds from call options and warrants related to 3.00% Notes   32,697    
Repayments of 2.25% Convertible Notes   (182,756)    
Proceeds from Issuance of Other Long-term Debt 0 0 0  
Repayments of Other Long-term Debt 0 0 0  
Borrowings Of Long Term Debt Related To Real Estate Loans 0 0 0  
Principal Payments Of Long Term Debt Related To Real Estate Loans 0 0 0  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 214 (321) (1,822)  
Repurchases of common stock, amounts based on settlement date (97,473) (36,802) (3,553)  
Tax effect from excess stock-based compensation 0 0 0  
Dividends paid (19,942) (17,097) (15,805)  
Borrowings (repayments) with subsidiaries 220,281 78,199 50,651  
Change in investment in subsidiaries (425,181) (160,925) (85,674)  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries 0 0 0  
Net cash provided by (used in) financing activities (93,999) 327 3,797  
Effect of Exchange Rate on Cash and Cash Equivalents 0 0 0  
Cash and Cash Equivalents, Period Increase (Decrease) 0 0 0  
Cash and Cash Equivalents, at Carrying Value 0 0 0 0
Net borrowings on 5.00% Senior Unsecured Notes   539,600    
Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities 49,710 235,236 47,525  
Cash paid in acquisitions, net of cash received (212,252) (306,364) (131,654)  
Proceeds from disposition of franchises, property and equipment 40,833 141,147 102,069  
Purchases of property and equipment, including real estate (97,009) (140,407) (73,615)  
Payments for (Proceeds from) Other Investing Activities 6,421 (4,705) 1,878  
Net Cash Provided by (Used in) Investing Activities (262,007) (310,329) (101,322)  
Borrowings on credit facility - floorplan line and other 7,557,237 7,832,014 6,379,328  
Repayments On Credit Facility Floorplan Line (7,504,516) (7,802,719) (6,153,677)  
Borrowings on Credit Facility Acquisition Line 0 0 0  
Repayments on Credit Facility Acquisition Line 0 0    
Borrowings On Real Estate Credit Facility   200 19,640  
Principal Payments On Real Estate Credit Facility (3,340) (9,917) (8,597)  
Net borrowings on 5.25% Senior Unsecured Notes 0      
Payments of Debt Issuance Costs (788) 0    
Repayments of 3.00% Convertible Notes   0    
Proceeds from call options and warrants related to 3.00% Notes   0    
Repayments of 2.25% Convertible Notes   0    
Proceeds from Issuance of Other Long-term Debt 451 0 0  
Repayments of Other Long-term Debt (1,386) 0 0  
Borrowings Of Long Term Debt Related To Real Estate Loans 9,596 86,522 27,925  
Principal Payments Of Long Term Debt Related To Real Estate Loans (64,894) (33,143) (21,038)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0 0  
Repurchases of common stock, amounts based on settlement date 0 0 0  
Tax effect from excess stock-based compensation 2,142 1,841 2,993  
Dividends paid 0 0 0  
Borrowings (repayments) with subsidiaries (211,236) (141,824) (278,850)  
Change in investment in subsidiaries 409,990 161,073 86,038  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries 0 2,119 0  
Net cash provided by (used in) financing activities 193,256 96,166 53,762  
Effect of Exchange Rate on Cash and Cash Equivalents 0 0 0  
Cash and Cash Equivalents, Period Increase (Decrease) (19,041) 21,073 (35)  
Cash and Cash Equivalents, at Carrying Value 6,338 25,379 4,306 4,341
Net borrowings on 5.00% Senior Unsecured Notes   0    
Non-Guarantor Subsidiaries [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net Cash Provided by (Used in) Operating Activities (2,662) (36,621) 8,644  
Cash paid in acquisitions, net of cash received 0 (30,187) (138,206)  
Proceeds from disposition of franchises, property and equipment 748 3,450 117  
Purchases of property and equipment, including real estate (23,243) (9,985) (29,243)  
Payments for (Proceeds from) Other Investing Activities 0 0 0  
Net Cash Provided by (Used in) Investing Activities (22,495) (36,722) (167,332)  
Borrowings on credit facility - floorplan line and other 0 0 0  
Repayments On Credit Facility Floorplan Line 0 0 0  
Borrowings on Credit Facility Acquisition Line 0 0 0  
Repayments on Credit Facility Acquisition Line 0 0    
Borrowings On Real Estate Credit Facility   0 0  
Principal Payments On Real Estate Credit Facility 0 0 0  
Net borrowings on 5.25% Senior Unsecured Notes 0      
Payments of Debt Issuance Costs 0 0    
Repayments of 3.00% Convertible Notes   0    
Proceeds from call options and warrants related to 3.00% Notes   0    
Repayments of 2.25% Convertible Notes   0    
Proceeds from Issuance of Other Long-term Debt 59,404 91,137 10,289  
Repayments of Other Long-term Debt (62,383) (85,905) (71,170)  
Borrowings Of Long Term Debt Related To Real Estate Loans 22,430 25,457 27,420  
Principal Payments Of Long Term Debt Related To Real Estate Loans (3,845) (16,890) (15,940)  
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 0 0 0  
Repurchases of common stock, amounts based on settlement date 0 0 0  
Tax effect from excess stock-based compensation 0 0 0  
Dividends paid 0 0 0  
Borrowings (repayments) with subsidiaries (9,045) 63,625 228,199  
Change in investment in subsidiaries 15,191 (148) (364)  
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries 0 (2,119) 0  
Net cash provided by (used in) financing activities 21,752 75,157 178,434  
Effect of Exchange Rate on Cash and Cash Equivalents (5,492) (2,127) (4,146)  
Cash and Cash Equivalents, Period Increase (Decrease) (8,897) (313) 15,600  
Cash and Cash Equivalents, at Carrying Value $ 6,699 15,596 $ 15,909 $ 309
Net borrowings on 5.00% Senior Unsecured Notes   $ 0