Acquisitions and Dispositions of Businesses (Tables)

3 Months Ended

Mar. 31, 2024

Acquisitions And Dispositions [Abstract]

Schedule of assets acquired and liabilities assumed

The aggregate purchase price of the 2023 acquisitions was allocated as follows, based on acquisition date fair values to the following assets and liabilities:

	Purchase Price Allocation
	Year Ended
(in thousands)	December 31, 2023
Accounts receivable	$	68
Inventory	5,224
Property, plant and equipment	29,859
Goodwill	45,968
Indefinite-lived intangible assets	6,300
Amortized intangible assets	235
Other assets	4
Floor plan payables	(2,215)
Other liabilities	(935)
Current and noncurrent lease liabilities	(1,184)
Aggregate purchase price, net of cash acquired	$	83,324

Acquisition Pro Forma Financial Information

The following unaudited pro forma financial information includes the 2023 acquisitions as if they occurred at the beginning of 2022:

	Three Months Ended   March 31
(in thousands)	2023
Operating revenues	$	1,069,299
Net income	54,694