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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 600,721 $ 1,132,325
Restricted cash (including restricted cash of consolidated VIEs of $25.5 million and $0 million, respectively) 196,809 82,450
Accounts receivable, net of allowance of $14.8 million and $8.9 million, respectively 103,911 105,433
Finance receivables at fair value (including finance receivables of consolidated VIEs of $12.1 million and $0 million, respectively) 14,900  
Finance receivables held for sale, net 117,658  
Inventory 741,368 726,384
Beneficial interests in securitizations 15,603  
Prepaid expenses and other current assets 68,457 55,700
Total current assets 1,859,427 2,102,292
Finance receivables at fair value (including finance receivables of consolidated VIEs of $177.4 million and $0 million, respectively) 210,523  
Property and equipment, net 44,657 37,042
Intangible assets, net 179,183 28,207
Goodwill 0 158,817
Operating lease right-of-use assets 15,321 15,359
Other assets 29,624 25,033
Total assets 2,338,735 2,366,750
Current Liabilities:    
Accounts payable 52,172 52,651
Accrued expenses 139,156 121,508
Vehicle floorplan 569,941 512,801
Current portion of securitization debt of consolidated VIEs at fair value 138,935  
Deferred revenue 73,354 75,803
Operating lease liabilities, current 7,412 6,889
Other current liabilities 36,359 57,604
Total current liabilities 1,017,329 827,256
Long term debt, net of current portion (including securitization debt of consolidated VIEs of $67.8 million and $0 million at fair value, respectively) 687,426 610,618
Operating lease liabilities, excluding current portion 8,937 9,592
Other long-term liabilities 16,679 4,090
Total liabilities 1,730,371 1,451,556
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 137,695,521 and 137,092,891 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 135 135
Additional paid-in-capital 2,067,470 2,063,841
Accumulated deficit (1,459,241) (1,148,782)
Total stockholders' equity 608,364 915,194
Total liabilities and stockholders' equity $ 2,338,735 $ 2,366,750