Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 33,623	$ 15,932
Contracts-in-transit and vehicle receivables, net	261,194	265,660
Accounts and notes receivable, net	185,311	193,981
Inventories, net	1,860,907	1,844,059
Prepaid expenses and other current assets	92,036	82,734
TOTAL CURRENT ASSETS	2,433,071	2,402,366
Property and equipment, net	1,370,743	1,347,835
Operating lease assets	214,776
Goodwill	965,882	963,925
Intangible franchise rights	260,465	259,630
Other assets	18,554	27,319
TOTAL ASSETS	5,263,491	5,001,075
CURRENT LIABILITIES:
Floorplan notes payable - credit facility and other	1,255,784	1,292,452
Offset account related to floorplan notes payable - credit facility	(72,728)	(33,637)
Floorplan notes payable - manufacturer affiliates	444,003	417,924
Offset account related to floorplan notes payable - manufacturer affiliates	(26,000)	(100)
Current maturities of long-term debt and short-term financing	96,359	92,967
Current operating lease liabilities	23,907
Accounts payable	507,348	419,350
Accrued expenses and other current liabilities	208,069	197,609
TOTAL CURRENT LIABILITIES	2,436,742	2,386,565
Long-term debt, net of current maturities	1,262,582	1,281,489
Operating lease liabilities, net of current portion	204,331
Deferred income taxes	136,219	134,683
Liabilities from interest rate risk management activities	2,430	1,696
Other liabilities	93,474	100,948
Commitments and Contingencies (Note 12)
STOCKHOLDERS’ EQUITY:
Common stock, $0.01 par value, 50,000 shares authorized; 25,522 and 25,494 issued, respectively	255	255
Additional paid-in capital	287,115	292,774
Retained earnings	1,422,576	1,394,817
Accumulated other comprehensive income (loss)	(138,749)	(137,772)
Treasury stock, at cost; 7,001 and 7,172 shares, respectively	(443,484)	(454,380)
TOTAL STOCKHOLDERS’ EQUITY	1,127,713	1,095,694
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 5,263,491	$ 5,001,075