$ABG
ASBURY AUTOMOTIVE GROUP INC Stock $abg

$abg Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000114498018000088 Filed on April 26, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$1.609B	$1.552B
YoY Change	3.71%	0.06%
Cost Of Revenue	$1.344B	$1.292B
YoY Change	4.04%	0.12%
Gross Profit	$265.4M	$260.1M
YoY Change	2.04%	-0.27%
Gross Profit Margin	16.49%	16.76%
Selling, General & Admin	$184.2M	$181.1M
YoY Change	1.71%	-0.06%
% of Gross Profit	69.4%	69.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.200M	$7.900M
YoY Change	3.8%	5.33%
% of Gross Profit	3.09%	3.04%
Operating Expenses	$184.2M	$181.1M
YoY Change	1.71%	-0.06%
Operating Profit	$73.20M	$72.30M
YoY Change	1.24%	4.93%
Interest Expense	-$19.80M	-$19.20M
YoY Change	3.13%	3.23%
% of Operating Profit	-27.05%	-26.56%
Other Income/Expense, Net	-$19.80M	-$19.20M
YoY Change	3.13%	3.23%
Pretax Income	$53.40M	$53.10M
YoY Change	0.56%	5.57%
Income Tax	$13.30M	$19.10M
% Of Pretax Income	24.91%	35.97%
Net Earnings	$40.10M	$34.00M
YoY Change	17.94%	9.68%
Net Earnings / Revenue	2.49%	2.19%
Basic Earnings Per Share	$1.95	$1.62
Diluted Earnings Per Share	$1.93	$1.61
COMMON SHARES
Basic Shares Outstanding	20.60M shares	21.00M shares
Diluted Shares Outstanding	20.80M shares	21.10M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.800M	$3.100M
YoY Change	54.84%	-29.55%
Cash & Equivalents	$4.800M	$3.100M
Short-Term Investments
Other Short-Term Assets	$135.7M	$103.9M
YoY Change	30.61%	9.83%
Inventory	$821.9M	$969.1M
Prepaid Expenses
Receivables	$109.8M	$114.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.327B	$1.349B
YoY Change	-1.63%	-1.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$854.5M	$824.1M
YoY Change	3.69%	6.1%
Goodwill	$176.1M	$160.7M
YoY Change	9.58%	23.43%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$11.80M	$11.50M
YoY Change	2.61%	6.48%
Total Long-Term Assets	$1.103B	$1.051B
YoY Change	4.92%	8.79%
TOTAL ASSETS
Total Short-Term Assets	$1.327B	$1.349B
Total Long-Term Assets	$1.103B	$1.051B
Total Assets	$2.429B	$2.400B
YoY Change	1.24%	2.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$293.0M	$327.7M
YoY Change	-10.59%	16.54%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$795.1M	$811.6M
YoY Change	-2.03%	-0.26%
Long-Term Debt Due	$13.00M	$14.10M
YoY Change	-7.8%	-2.76%
Total Short-Term Liabilities	$1.101B	$1.153B
YoY Change	-4.53%	3.5%
LONG-TERM LIABILITIES
Long-Term Debt	$859.1M	$908.9M
YoY Change	-5.48%	-2.45%
Other Long-Term Liabilities	$28.60M	$30.00M
YoY Change	-4.67%	-15.25%
Total Long-Term Liabilities	$28.60M	$30.00M
YoY Change	-4.67%	-15.25%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.101B	$1.153B
Total Long-Term Liabilities	$28.60M	$30.00M
Total Liabilities	$1.130B	$1.183B
YoY Change	-4.54%	2.92%
SHAREHOLDERS EQUITY
Retained Earnings	$759.5M	$645.0M
YoY Change	17.75%	35.7%
Common Stock	$567.1M	$553.5M
YoY Change	2.46%	2.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$943.5M	$898.6M
YoY Change	5.0%	16.85%
Treasury Stock Shares	20.52M shares	19.79M shares
Shareholders Equity	$424.3M	$298.2M
YoY Change
Total Liabilities & Shareholders Equity	$2.429B	$2.400B
YoY Change	1.24%	2.75%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$40.10M	$34.00M
YoY Change	17.94%	9.68%
Depreciation, Depletion And Amortization	$8.200M	$7.900M
YoY Change	3.8%	5.33%
Cash From Operating Activities	$35.80M	$98.30M
YoY Change	-63.58%	117.48%
INVESTING ACTIVITIES
Capital Expenditures	$3.300M	$5.400M
YoY Change	-38.89%	-44.9%
Acquisitions	$45.50M	$80.10M
YoY Change	-43.2%
Other Investing Activities	-$43.50M	-$80.10M
YoY Change	-45.69%
Cash From Investing Activities	-$64.40M	-$85.50M
YoY Change	-24.68%	402.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$24.40M	$19.00M
YoY Change	28.42%	-81.92%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$28.70M	-$13.10M
YoY Change	-319.08%	-50.75%
NET CHANGE
Cash From Operating Activities	$35.80M	$98.30M
Cash From Investing Activities	-$64.40M	-$85.50M
Cash From Financing Activities	$28.70M	-$13.10M
Net Change In Cash	$100.0K	-$300.0K
YoY Change	-133.33%	-118.75%
FREE CASH FLOW
Cash From Operating Activities	$35.80M	$98.30M
Capital Expenditures	$3.300M	$5.400M
Free Cash Flow	$32.50M	$92.90M
YoY Change	-65.02%	162.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q1	abg	Cash Paid During Period Related To Floor Plan Interest CashPaidDuringPeriodRelatedToFloorPlanInterest	5200000	USD
CY2018Q1	abg	Cash Paid During Period Related To Floor Plan Interest CashPaidDuringPeriodRelatedToFloorPlanInterest	6300000	USD
CY2017Q4	abg	Contractsintransit Contractsintransit	193300000	USD
CY2018Q1	abg	Contractsintransit Contractsintransit	151700000	USD
CY2017Q1	abg	Financeandinsurancenet Financeandinsurancenet	65900000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	700000	USD
CY2017Q4	abg	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	627900000	USD
CY2018Q1	abg	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	684600000	USD
CY2018Q1	abg	Financeandinsurancenet Financeandinsurancenet	68200000	USD
CY2017Q1	abg	Floor Plan Borrowings Acquisitions FloorPlanBorrowingsAcquisitions	25100000	USD
CY2018Q1	abg	Floor Plan Borrowings Acquisitions FloorPlanBorrowingsAcquisitions	9500000	USD
CY2017Q1	abg	Floor Plan Interest Expense FloorPlanInterestExpense	5300000	USD
CY2018Q1	abg	Floor Plan Interest Expense FloorPlanInterestExpense	6600000	USD
CY2017Q4	abg	Floor Plan Notes Payable Non Trade Gross FloorPlanNotesPayableNonTradeGross	666600000	USD
CY2018Q1	abg	Floor Plan Notes Payable Non Trade Gross FloorPlanNotesPayableNonTradeGross	701400000	USD
CY2017Q4	abg	Floor Plan Notes Payable Non Trade Offsets FloorPlanNotesPayableNonTradeOffsets	38700000	USD
CY2018Q1	abg	Floor Plan Notes Payable Non Trade Offsets FloorPlanNotesPayableNonTradeOffsets	16800000	USD
CY2017Q4	abg	Floor Plan Notes Payable Offsets FloorPlanNotesPayableOffsets	49300000	USD
CY2018Q1	abg	Floor Plan Notes Payable Offsets FloorPlanNotesPayableOffsets	29400000	USD
CY2017Q4	abg	Floor Plan Notes Payable Trade FloorPlanNotesPayableTrade	104200000	USD
CY2018Q1	abg	Floor Plan Notes Payable Trade FloorPlanNotesPayableTrade	110500000	USD
CY2017Q4	abg	Floor Plan Notes Payable Trade Gross FloorPlanNotesPayableTradeGross	114800000	USD
CY2018Q1	abg	Floor Plan Notes Payable Trade Gross FloorPlanNotesPayableTradeGross	123100000	USD
CY2017Q4	abg	Floor Plan Notes Payable Trade Offsets FloorPlanNotesPayableTradeOffsets	10600000	USD
CY2018Q1	abg	Floor Plan Notes Payable Trade Offsets FloorPlanNotesPayableTradeOffsets	12600000	USD
CY2017Q1	abg	Increase Decrease In Floor Plan Notes Payable Trade IncreaseDecreaseInFloorPlanNotesPayableTrade	20100000	USD
CY2018Q1	abg	Increase Decrease In Floor Plan Notes Payable Trade IncreaseDecreaseInFloorPlanNotesPayableTrade	6300000	USD
CY2017Q1	abg	Loaner Vehicles Amount Transferred From Other Current Assets To Inventory LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory	31900000	USD
CY2018Q1	abg	Loaner Vehicles Amount Transferred From Other Current Assets To Inventory LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory	44700000	USD
CY2017Q4	abg	Long Term Debt And Capital Lease Obligations Current And Noncurrent LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent	879300000	USD
CY2018Q1	abg	Long Term Debt And Capital Lease Obligations Current And Noncurrent LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent	875800000	USD
CY2017Q4	abg	Long Term Debtand Capital Lease Obligations Currentand Noncurrent Including Unamortized Premium Discount LongTermDebtandCapitalLeaseObligationsCurrentandNoncurrentIncludingUnamortizedPremiumDiscount	875500000	USD
CY2018Q1	abg	Long Term Debtand Capital Lease Obligations Currentand Noncurrent Including Unamortized Premium Discount LongTermDebtandCapitalLeaseObligationsCurrentandNoncurrentIncludingUnamortizedPremiumDiscount	872100000	USD
CY2017Q1	abg	New Vehicle Cost Of Sales NewVehicleCostOfSales	792100000	USD
CY2018Q1	abg	New Vehicle Cost Of Sales NewVehicleCostOfSales	818500000	USD
CY2017Q1	abg	New Vehicle Revenue NewVehicleRevenue	832500000	USD
CY2018Q1	abg	New Vehicle Revenue NewVehicleRevenue	857100000	USD
CY2018Q1	abg	Number Of Collision Repair Centers NumberOfCollisionRepairCenters	25	CollisionRepairCenters
CY2018Q1	abg	Number Of Dealership Locations NumberOfDealershipLocations	81	DealershipLocations
CY2018Q1	abg	Number Of Franchises NumberOfFranchises	95	Franchises
CY2018Q1	abg	Number Of Metropolitan Markets NumberOfMetropolitanMarkets	17	MetropolitanMarkets
CY2018Q1	abg	Number Of Vehicle Brands NumberOfVehicleBrands	29	VehicleBrands
CY2018Q1	abg	Numberof Dealership Locations Acquired NumberofDealershipLocationsAcquired	1	DealershipLocations
CY2017Q1	abg	Proceeds From Floor Plan Borrowings Non Trade ProceedsFromFloorPlanBorrowingsNonTrade	908400000	USD
CY2018Q1	abg	Proceeds From Floor Plan Borrowings Non Trade ProceedsFromFloorPlanBorrowingsNonTrade	1014000000	USD
CY2017Q1	abg	Repayments Of Floor Plan Payables Non Trade RepaymentsOfFloorPlanPayablesNonTrade	923800000	USD
CY2018Q1	abg	Repayments Of Floor Plan Payables Non Trade RepaymentsOfFloorPlanPayablesNonTrade	966800000	USD
CY2017Q1	abg	Swap Interest Expense SwapInterestExpense	600000	USD
CY2018Q1	abg	Swap Interest Expense SwapInterestExpense	200000	USD
CY2017Q1	abg	Used Vehicle Cost Of Sales UsedVehicleCostOfSales	427900000	USD
CY2018Q1	abg	Used Vehicle Cost Of Sales UsedVehicleCostOfSales	451100000	USD
CY2017Q1	abg	Used Vehicle Revenue UsedVehicleRevenue	461800000	USD
CY2018Q1	abg	Used Vehicle Revenue UsedVehicleRevenue	484600000	USD
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001144980
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20631476	shares
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	ASBURY AUTOMOTIVE GROUP INC
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	313200000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	293000000	USD
CY2017Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	130100000	USD
CY2018Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	111400000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	109800000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-900000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1200000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	563500000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	566700000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1600000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1600000	USD
CY2017Q4	us-gaap	Assets Assets	2356700000	USD
CY2018Q1	us-gaap	Assets Assets	2429400000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	1302100000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	1326600000	USD
CY2017Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	30300000	USD
CY2018Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	28300000	USD
CY2018Q1	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	46500000	USD
CY2018Q1	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	9500000	USD
CY2018Q1	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	1000000	USD
CY2017Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	3200000	USD
CY2018Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	3200000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3400000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3100000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4700000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4800000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-300000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	100000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40969987	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41151707	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	34400000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	42200000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress	7700000	USD
CY2017Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	16400000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	14500000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	9600000	USD
CY2017Q1	us-gaap	Cost Of Revenue CostOfRevenue	1291600000	USD
CY2018Q1	us-gaap	Cost Of Revenue CostOfRevenue	1343800000	USD
CY2017Q1	us-gaap	Cost Of Services CostOfServices	71600000	USD
CY2018Q1	us-gaap	Cost Of Services CostOfServices	74200000	USD
CY2017Q1	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	5900000	USD
CY2018Q1	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	5800000	USD
CY2017Q4	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	6800000	USD
CY2018Q1	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	6600000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	10600000	USD
CY2018Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	10300000	USD
CY2017Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	12500000	USD
CY2018Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	16300000	USD
CY2018Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	15600000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7900000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8200000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7900000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8200000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.62
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.95
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.61
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.93
CY2017Q4	us-gaap	Goodwill Goodwill	160800000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	176100000	USD
CY2017Q1	us-gaap	Gross Profit GrossProfit	260100000	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	265400000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	53100000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	53400000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19100000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13300000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	200000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	16900000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-21500000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-24100000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-18700000	USD
CY2017Q1	us-gaap	Increase Decrease In Contract Receivables Net IncreaseDecreaseInContractReceivablesNet	-43100000	USD
CY2018Q1	us-gaap	Increase Decrease In Contract Receivables Net IncreaseDecreaseInContractReceivablesNet	-41600000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	16200000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	34400000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	41800000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	32500000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-100000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	700000	USD
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	100000	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	0	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	100000	shares
CY2017Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	49600000	USD
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	100000	shares
CY2018Q1	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	60400000	USD
CY2017Q1	us-gaap	Interest Expense Other InterestExpenseOther	13300000	USD
CY2018Q1	us-gaap	Interest Expense Other InterestExpenseOther	13000000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	9500000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	10100000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	826000000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	912800000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	821900000	USD
CY2017Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	5700000	USD
CY2018Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	5800000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2356700000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2429400000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1058200000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1101100000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	882900000	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	879200000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	862600000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	859100000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	12900000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	13000000	USD
CY2017Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	900800000	USD
CY2018Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	873000000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-13100000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	28700000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-85500000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-64400000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	98300000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	35800000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	34000000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	40100000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-19200000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-19800000	USD
CY2018Q1	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	1	Franchises
CY2018Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	states
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	72300000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	73200000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	119300000	USD
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	119200000	USD
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	135700000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10000000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	11800000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	300000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	700000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	2800000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	29200000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	28600000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1100000	USD
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1000000	USD
CY2017Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	1200000	USD
CY2018Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	200000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	19000000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	24400000	USD
CY2018Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	36000000	USD
CY2017Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	80100000	USD
CY2018Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	45500000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5400000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3300000	USD
CY2017Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	USD
CY2018Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	17600000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	2000000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	2000000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	834200000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	854500000	USD
CY2017Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	30300000	USD
CY2018Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	28300000	USD
CY2017Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	128500000	USD
CY2018Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	109800000	USD
CY2017Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3800000	USD
CY2018Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3600000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	750300000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	799500000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	759500000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1609200000	USD
CY2017Q1	us-gaap	Revenues Revenues	1551700000	USD
CY2018Q1	us-gaap	Revenues Revenues	1609200000	USD
CY2017Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	191500000	USD
CY2018Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	199300000	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	181100000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	184200000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3100000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3200000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	394200000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	424300000	USD
CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	20156962	shares
CY2018Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	20519196	shares
CY2017Q4	us-gaap	Treasury Stock Value TreasuryStockValue	919100000	USD
CY2018Q1	us-gaap	Treasury Stock Value TreasuryStockValue	943500000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21100000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20800000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21000000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20600000	shares
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the periods presented. Actual results could differ materially from these estimates. Estimates and assumptions are reviewed quarterly and the effects of any revisions are reflected in the consolidated financial statements in the period they are determined to be necessary. Significant estimates made in the accompanying Condensed Consolidated Financial Statements include, but are not limited to, those relating to inventory valuation reserves, variable consideration and constraint considerations related to retro-commission arrangements, reserves for chargebacks against revenue recognized from the sale of finance and insurance products, reserves for insurance programs, certain assumptions related to intangible and long-lived assets, and reserves for certain legal or similar proceedings relating to our business operations.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0001144980-18-000088-index-headers.html	Edgar Link	pending
0001144980-18-000088-index.html	Edgar Link	pending
0001144980-18-000088.txt	Edgar Link	pending
0001144980-18-000088-xbrl.zip	Edgar Link	pending
abg-20180331.xml	Edgar Link	completed
abg-20180331.xsd	Edgar Link	pending
abg-20180331_cal.xml	Edgar Link	unprocessable
abg-20180331_def.xml	Edgar Link	unprocessable
abg-20180331_lab.xml	Edgar Link	unprocessable
abg-20180331_pre.xml	Edgar Link	unprocessable
abg331201810-q.htm	Edgar Link	pending
ex101amendmentno1.htm	Edgar Link	pending
ex311section302ceocertific.htm	Edgar Link	pending
ex312section302cfocertific.htm	Edgar Link	pending
ex321section906ceocertific.htm	Edgar Link	pending
ex322section906cfocertific.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ABG
ASBURY AUTOMOTIVE GROUP INC Stock $abg

2018 Q1 Form 10-Q Financial Statement

#000114498018000088 Filed on April 26, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ABG ASBURY AUTOMOTIVE GROUP INC Stock $abg

2018 Q1 Form 10-Q Financial Statement

#000114498018000088 Filed on April 26, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ABG
ASBURY AUTOMOTIVE GROUP INC Stock $abg