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Segment Information
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
As of March 31, 2019, the Company had three reportable segments: (1) the U.S., (2) the U.K., and (3) Brazil. Each of the reportable segments is comprised of retail automotive franchises, which sell new and used cars and light trucks; arrange related vehicle financing; sell service and insurance contracts; provide automotive maintenance and repair services; and sell vehicle parts. The vast majority of the Company’s corporate activities are associated with the operations of the U.S. operating segment and, therefore, the corporate financial results are included within the U.S. reportable segment.
Reportable segment revenue, income (loss) before income taxes, benefit (provision) for income taxes and net income (loss) were as follows for the three months ended March 31, 2019 and 2018 (in thousands):
 
Three Months Ended March 31, 2019
 
U.S.
 
U.K.
 
Brazil
 
Total
Total revenues
$
2,062,782

 
$
642,158

 
$
103,436

 
$
2,808,376

Income (loss) before income taxes
46,367

 
6,244

 
(435
)
 
52,176

Benefit (provision) for income taxes
(12,413
)
 
(1,096
)
 
(19
)
 
(13,528
)
Net income (loss) (1)
33,954

 
5,148

 
(454
)
 
38,648

 
Three Months Ended March 31, 2018
 
U.S.
 
U.K.
 
Brazil
 
Total
Total revenues
$
2,088,486

 
$
660,542

 
$
110,998

 
$
2,860,026

Income (loss) before income taxes
40,510

 
5,737

 
(80
)
 
46,167

Benefit (provision) for income taxes
(9,357
)
 
(862
)
 
(134
)
 
(10,353
)
Net income (loss)
31,153

 
4,875

 
(214
)
 
35,814


(1) Includes the following, net of tax: gain of $3.8 million on real estate and dealership transactions in the U.S. segment; loss of $1.5 million due to catastrophic events in the U.S. segment; and loss of $1.9 million for legal claim settlements in the U.S. and Brazil segment for the three months ended March 31, 2019.

Reportable segment total assets as of March 31, 2019 and December 31, 2018, were as follows (in thousands):
 
As of March 31, 2019
 
U.S.
 
U.K.
 
Brazil
 
Total
Total assets
$
4,213,916

 
$
917,655

 
$
131,920

 
$
5,263,491


 
As of December 31, 2018
 
U.S.
 
U.K.
 
Brazil
 
Total
Total assets (1)
$
4,113,049

 
$
756,350

 
$
131,676

 
$
5,001,075


(1) Balances as of December 31, 2018 were unchanged under the optional transition method applied as part of the implementation of Topic 842. See Note 1, “Interim Financial Information” and Note 13, “Leases” for further information.