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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net borrowings on 5.25% Senior Unsecured Notes $ 0 $ 0 $ 296,250
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income 213,442 147,065 93,999
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 57,936 51,234 47,239
Deferred income taxes 46,063 (14,162) (11,884)
Asset impairments 19,506 32,838 87,562
Stock-based compensation 18,900 21,073 18,851
Amortization of debt discount and issue costs 3,661 3,694 3,652
Gain on disposition of assets (781) 2,675 9,719
Other 407 1,084 1,192
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Accounts payable and accrued expenses 35,576 76,126 25,108
Accounts and notes receivable 10,674 (18,663) (17,887)
Inventories 44,021 79,319 (186,634)
Contracts-in-transit and vehicle receivables 33,484 (15,621) (17,944)
Prepaid expenses and other assets 6,889 8,244 (3,153)
Floorplan notes payable — manufacturer affiliates 8,294 (12,630) 87,516
Deferred revenues 517 (393) (619)
Net cash provided by (used in) operating activities 198,925 384,857 141,047
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid in acquisitions, net of cash received (109,081) (57,327) (212,252)
Proceeds from disposition of franchises, property and equipment 10,708 36,843 41,581
Purchases of property and equipment, including real estate (215,832) (156,521) (120,252)
Other 1,607 2,965 6,421
Net cash provided by (used in) investing activities (312,598) (174,040) (284,502)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on credit facility — floorplan line and other 7,019,070 6,597,406 7,557,237
Repayments on credit facility — floorplan line and other (6,957,866) (6,676,161) (7,504,516)
Borrowings on credit facility — acquisition line 68,086 220,020 489,548
Repayments on credit facility — acquisition line (42,278) (220,020) (557,696)
Debt issue costs   3,513 788
Borrowings on other debt 165,702 49,972 59,855
Principal payments on other debt (121,199) (45,928) (63,769)
Borrowings on debt related to real estate, net of debt issue costs (75,309) (42,654) (32,026)
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs   39,141 31,238
Principal payments on debt related to real estate (29,391) (25,463) (72,079)
Net Issuance of Common and Treasury Shares to Employee Stock Compensation Plans 4,603 3,868 214
Repurchases of common stock, amounts based on settlement date (40,094) (127,606) (97,473)
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net 0 (249) 2,142
Dividends paid (20,466) (19,987) (19,942)
Net cash provided by (used in) financing activities 121,476 (205,007) 121,009
EFFECT OF EXCHANGE RATE CHANGES ON CASH (8) 2,145 (5,492)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 7,795 7,955 (27,938)
CASH AND CASH EQUIVALENTS, beginning of period 20,992 13,037 40,975
CASH AND CASH EQUIVALENTS, end of period 28,787 20,992 13,037
SUPPLEMENTAL CASH FLOW INFORMATION:      
Purchases of property and equipment, including real estate, accrued in accounts payable and accrued expenses $ 8,759 $ 15,930 $ 32,720