XML 39 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2020
Dec. 29, 2019
Current assets    
Cash and cash equivalents $ 86.1 $ 47.1
Accounts receivable, net of allowances of $4.7 and $4.2 316.0 335.9
Prepaid consigned vehicle charges 49.4 50.1
Other current assets 24.3 26.9
Total current assets 475.8 460.0
Non-current assets    
Operating lease right-of-use assets, net of accumulated amortization of $96.2 and $75.2 796.6 735.9
Property and equipment, net of accumulated depreciation of $504.4 and $438.3 241.5 246.9
Goodwill 538.6 541.3
Intangible assets, net of accumulated amortization of $475.0 and $465.9 146.5 151.7
Other assets 16.5 15.4
Total non-current assets 1,739.7 1,691.2
Total assets 2,215.5 2,151.2
Current liabilities    
Accounts payable 65.4 96.4
Short-term right-of-use operating lease liability 73.6 68.6
Accrued employee benefits and compensation expenses 15.9 29.4
Other accrued expenses 64.7 49.3
Total current liabilities 219.6 243.7
Non-current liabilities    
Long-term debt 1,251.7 1,254.7
Long-term right-of-use operating lease liability 766.5 709.5
Deferred income tax liabilities 63.3 63.7
Other liabilities 18.0 16.8
Total non-current liabilities 2,099.5 2,044.7
Commitments and contingencies
Stockholders' deficit    
Preferred stock, $0.01 par value: Authorized, 150.0 shares; issued and outstanding, none 0.0 0.0
Common stock, $0.01 par value: Authorized, 750.0 shares; issued and outstanding, 133.9 and 133.6 shares, respectively 1.3 1.3
Additional paid-in capital 0.0 3.5
Accumulated deficit (82.4) (127.1)
Accumulated other comprehensive loss (22.5) (14.9)
Total stockholders' deficit (103.6) (137.2)
Total liabilities and stockholders' deficit $ 2,215.5 $ 2,151.2