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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES:    
New vehicle retail sales $ 1,513,590 $ 1,337,213
Used vehicle retail sales 780,570 660,927
Used vehicle wholesale sales 104,029 104,157
Parts and service sales 349,515 319,698
Finance, insurance and other, net 112,322 96,834
Total revenues 2,860,026 2,518,829
COST OF SALES:    
New vehicle retail sales 1,438,163 1,267,986
Used vehicle retail sales 737,075 615,922
Used vehicle wholesale sales 102,374 104,057
Parts and service sales 162,651 147,342
Total cost of sales 2,440,263 2,135,307
GROSS PROFIT 419,763 383,522
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 324,347 289,779
DEPRECIATION AND AMORTIZATION EXPENSE 16,342 13,606
ASSET IMPAIRMENTS 0  
INCOME FROM OPERATIONS 79,074 80,137
OTHER EXPENSE:    
Floorplan interest expense (14,087) (11,942)
Other interest expense, net (18,820) (16,999)
INCOME BEFORE INCOME TAXES 46,167 51,196
PROVISION FOR INCOME TAXES (10,353) (17,257)
NET INCOME $ 35,814 $ 33,939
BASIC EARNINGS PER SHARE $ 1.70 $ 1.58
Weighted average common shares outstanding 20,298 20,692
DILUTED EARNINGS PER SHARE $ 1.70 $ 1.58
Weighted average common shares outstanding 20,307 20,698
CASH DIVIDENDS PER COMMON SHARE $ 0.26 $ 0.24