2022 Q3 Form 10-Q Financial Statement

#000114498022000142 Filed on July 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $3.866B $3.950B $3.912B
YoY Change 60.68% 52.87% 78.38%
Cost Of Revenue $3.098B $3.148B $3.120B
YoY Change 60.86% 50.83% 72.35%
Gross Profit $767.8M $802.7M $792.0M
YoY Change 59.96% 61.44% 106.95%
Gross Profit Margin 19.86% 20.32% 20.25%
Selling, General & Admin $438.2M $448.3M $455.5M
YoY Change 63.08% 66.22% 89.95%
% of Gross Profit 57.07% 55.85% 57.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.10M $18.10M $18.40M
YoY Change 59.81% 79.21% 87.76%
% of Gross Profit 2.23% 2.25% 2.32%
Operating Expenses $438.2M $448.3M $455.5M
YoY Change 63.08% 66.22% 89.95%
Operating Profit $313.6M $335.5M $320.8M
YoY Change 56.02% 53.62% 135.36%
Interest Expense -$40.50M -$39.10M -$40.20M
YoY Change 148.47% 136.97% 137.87%
% of Operating Profit -12.91% -11.65% -12.53%
Other Income/Expense, Net -$40.50M -$67.80M -$7.100M
YoY Change 387.95% 310.91% -57.99%
Pretax Income $273.1M $267.7M $313.7M
YoY Change 41.72% 32.59% 162.73%
Income Tax $68.10M $66.30M $76.00M
% Of Pretax Income 24.94% 24.77% 24.23%
Net Earnings $205.0M $201.4M $237.7M
YoY Change 39.46% 32.41% 156.14%
Net Earnings / Revenue 5.3% 5.1% 6.08%
Basic Earnings Per Share $9.26 $9.11 $10.43
Diluted Earnings Per Share $9.23 $9.07 $10.38
COMMON SHARES
Basic Shares Outstanding 22.13M shares 22.10M shares 22.80M shares
Diluted Shares Outstanding 22.20M shares 22.20M shares 22.90M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $149.2M $110.9M $296.8M
YoY Change -54.87% 8.41% 967.63%
Cash & Equivalents $141.3M $100.1M $284.3M
Short-Term Investments $7.900M $10.80M $12.50M
Other Short-Term Assets $298.4M $257.5M $225.5M
YoY Change 62.7% 43.29% 23.83%
Inventory $822.2M $783.2M $701.1M
Prepaid Expenses
Receivables $84.40M $83.70M $4.200M
Other Receivables $93.50M $92.90M $96.60M
Total Short-Term Assets $1.813B $1.602B $1.814B
YoY Change 57.55% 41.41% 37.67%
LONG-TERM ASSETS
Property, Plant & Equipment $1.912B $1.974B $1.988B
YoY Change 59.73% 67.63% 109.13%
Goodwill $2.208B $2.231B $2.235B
YoY Change 287.74% 296.09% 296.77%
Intangibles
YoY Change
Long-Term Investments $173.5M $105.3M $115.4M
YoY Change
Other Assets $93.20M $99.00M $60.40M
YoY Change 590.37% 638.81% 302.67%
Total Long-Term Assets $6.004B $6.037B $6.046B
YoY Change 147.99% 152.35% 166.98%
TOTAL ASSETS
Total Short-Term Assets $1.813B $1.602B $1.814B
Total Long-Term Assets $6.004B $6.037B $6.046B
Total Assets $7.816B $7.639B $7.860B
YoY Change 118.86% 116.71% 119.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $771.5M $812.8M $880.2M
YoY Change 67.9% 79.86% 93.62%
Accrued Expenses $24.30M $24.40M $26.20M
YoY Change 33.52% 38.64% 5.22%
Deferred Revenue $205.9M $201.2M $196.4M
YoY Change
Short-Term Debt $28.20M $44.40M $398.6M
YoY Change -79.59% -81.61% -24.34%
Long-Term Debt Due $63.80M $69.60M $62.60M
YoY Change 47.34% 61.11% 71.98%
Total Short-Term Liabilities $1.159B $1.157B $1.585B
YoY Change 75.77% 52.36% 51.12%
LONG-TERM LIABILITIES
Long-Term Debt $3.262B $3.316B $3.341B
YoY Change 145.67% 148.35% 188.56%
Other Long-Term Liabilities $52.10M $52.10M $51.90M
YoY Change 14.25% 8.77% 1.96%
Total Long-Term Liabilities $52.10M $52.10M $51.90M
YoY Change 14.25% 8.77% 1.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.159B $1.157B $1.585B
Total Long-Term Liabilities $52.10M $52.10M $51.90M
Total Liabilities $1.211B $1.209B $1.637B
YoY Change 71.79% 49.78% 48.85%
SHAREHOLDERS EQUITY
Retained Earnings $2.338B $2.133B $1.932B
YoY Change 34.32% 33.85% 34.0%
Common Stock $1.284B $1.279B $1.275B
YoY Change 111.12% 111.68% 112.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.053B $1.053B $1.053B
YoY Change 0.9% 0.88% 0.93%
Treasury Stock Shares 21.97M shares 21.97M shares 21.97M shares
Shareholders Equity $2.643B $2.410B $2.183B
YoY Change
Total Liabilities & Shareholders Equity $7.816B $7.639B $7.860B
YoY Change 118.86% 116.71% 119.41%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $205.0M $201.4M $237.7M
YoY Change 39.46% 32.41% 156.14%
Depreciation, Depletion And Amortization $17.10M $18.10M $18.40M
YoY Change 59.81% 79.21% 87.76%
Cash From Operating Activities $167.8M $87.60M $409.0M
YoY Change -54.81% -76.73% 94.02%
INVESTING ACTIVITIES
Capital Expenditures -$33.20M -$18.70M -$20.80M
YoY Change 32.8% -91.96% 24.55%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$78.00M $131.6M $252.1M
YoY Change -1600.0% 1654.67% 1839.23%
Cash From Investing Activities -$111.2M $112.9M $231.3M
YoY Change 461.62% -150.16% -6351.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.500M
YoY Change -21.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.40M -384.7M -$534.9M
YoY Change -87.5% 400.26% 196.02%
NET CHANGE
Cash From Operating Activities 167.8M 87.60M $409.0M
Cash From Investing Activities -111.2M 112.9M $231.3M
Cash From Financing Activities -15.40M -384.7M -$534.9M
Net Change In Cash 41.20M -184.2M $105.4M
YoY Change -81.95% -347.25% 299.24%
FREE CASH FLOW
Cash From Operating Activities $167.8M $87.60M $409.0M
Capital Expenditures -$33.20M -$18.70M -$20.80M
Free Cash Flow $201.0M $106.3M $429.8M
YoY Change -49.28% -82.55% 88.92%

Facts In Submission

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us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-67800000 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-16500000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-74900000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-33400000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
267700000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
201900000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
581400000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
321300000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66300000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49800000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76400000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
201400000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
152100000 usd
us-gaap Net Income Loss
NetIncomeLoss
439100000 usd
us-gaap Net Income Loss
NetIncomeLoss
244900000 usd
us-gaap Net Income Loss
NetIncomeLoss
244900000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.11
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
19.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.69
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.07
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
19.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.56
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22100000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19300000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
100000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
0 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
100000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22200000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19500000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
201400000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
152100000 usd
us-gaap Net Income Loss
NetIncomeLoss
439100000 usd
us-gaap Net Income Loss
NetIncomeLoss
244900000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
28600000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-6500000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
70900000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-300000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
6900000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
-1600000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
17400000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
0 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
0 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
0 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-2100000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
0 usd
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-200000 usd
CY2021Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-400000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
223300000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
147200000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
490900000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
244600000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2115500000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
237700000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
10400000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
31800000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-200000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000.0 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
267500000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7000000.0 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8900000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
198600000 usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2182500000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
201400000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
6900000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
21700000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-200000 usd
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
200000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
223300000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4700000 usd
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
100000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2410400000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
905500000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
92800000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1600000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4600000 usd
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
97400000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4700000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
11700000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
9600000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
998000000.0 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
152100000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1600000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-4900000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
147200000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3700000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
600000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1148300000 usd
us-gaap Net Income Loss
NetIncomeLoss
439100000 usd
us-gaap Net Income Loss
NetIncomeLoss
244900000 usd
us-gaap Net Income Loss
NetIncomeLoss
244900000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
36500000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
19900000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
8300000 usd
abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
-2700000 usd
abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-12000000.0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
600000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5800000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
12500000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
13800000 usd
abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
11100000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-500000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
500000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8900000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
15700000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-45200000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-42300000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-54200000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-424600000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
189700000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
121700000 usd
abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
-9600000 usd
abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
-51000000.0 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-29400000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
82500000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3100000 usd
abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
14500000 usd
abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
11200000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4900000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4500000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
496600000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
587300000 usd
abg Paymentsto Acquire Property Plantand Equipment Excluding Real Estate
PaymentstoAcquirePropertyPlantandEquipmentExcludingRealEstate
39500000 usd
abg Paymentsto Acquire Property Plantand Equipment Excluding Real Estate
PaymentstoAcquirePropertyPlantandEquipmentExcludingRealEstate
26700000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
5500000 usd
abg Paymentsto Acquire Previously Leased Real Estate
PaymentstoAcquirePreviouslyLeasedRealEstate
0 usd
abg Paymentsto Acquire Previously Leased Real Estate
PaymentstoAcquirePreviouslyLeasedRealEstate
217100000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000.0 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
379700000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
25900000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
8400000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
24100000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
23900000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
29400000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
8900000 usd
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
21500000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
344200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-228800000 usd
abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
3618400000 usd
abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
2401000000 usd
abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
4115400000 usd
abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
2808900000 usd
abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
21600000 usd
abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
184400000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330000000.0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
499000000.0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1400000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
400000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
abg Purchasesof Treasury Stock
PurchasesofTreasuryStock
200000000.0 usd
abg Purchasesof Treasury Stock
PurchasesofTreasuryStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8900000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10200000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-919600000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-257600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-78800000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
100900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1400000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178900000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100100000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102300000 usd
CY2022Q2 abg Number Of Franchises
NumberOfFranchises
198 franchise
CY2022Q2 abg Number Of Vehicle Brands
NumberOfVehicleBrands
31 vehiclebrands
CY2022Q2 abg Number Of Dealership Locations
NumberOfDealershipLocations
148 dealership_location
CY2022Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
15 states
CY2022Q2 abg Number Of Collision Repair Centers
NumberOfCollisionRepairCenters
34 collisionrepaircenters
CY2022Q2 abg Number Of Stand Alone Used Vehicle Stores
NumberOfStandAloneUsedVehicleStores
7 dealership_location
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
27200000 usd
CY2022Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
17700000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, reserves for chargebacks against revenue recognized from the sale of finance and insurance products, reserves for self-insurance programs, certain assumptions related to intangible and long-lived assets, and reserves for certain legal or similar proceedings relating to our business operations.</span></div>
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2700000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1069203 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3950200000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2584000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7862000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4776900000 usd
CY2022Q1 abg Contract With Customer Asset Amortization Of Costs To Obtain A Contract With A Customer
ContractWithCustomerAssetAmortizationOfCostsToObtainAContractWithACustomer
500000 usd
CY2022Q1 abg Contract With Customer Costs To Obtain Contract
ContractWithCustomerCostsToObtainContract
10000000.0 usd
CY2022Q1 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
18700000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
37700000 usd
CY2022Q2 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
17100000 usd
CY2022Q2 abg Contract With Customer Asset Amortization Of Costs To Obtain A Contract With A Customer
ContractWithCustomerAssetAmortizationOfCostsToObtainAContractWithACustomer
900000 usd
CY2022Q2 abg Contract With Customer Costs To Obtain Contract
ContractWithCustomerCostsToObtainContract
10100000 usd
CY2022Q2 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
18400000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
48200000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
677200000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
647800000 usd
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
229800000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
200000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
38800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
110800000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
abg Business Combination Consideration Transferred Other Release
BusinessCombinationConsiderationTransferredOtherRelease
1000000 usd
CY2022Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
178600000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
231400000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2000000.0 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 usd
CY2022Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
176600000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
783200000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
718400000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
8200000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7700000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
5600000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
24100000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
1000000.0 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
4600000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
7100000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
8200000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
118500000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
6800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
110000000.0 usd
CY2022Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
60600000 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
375100000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
1100000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
9100000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
400000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
4600000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
200000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
0 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Operating Leases Current Maturities
DisposalGroupIncludingDiscontinuedOperationOperatingLeasesCurrentMaturities
0 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Operating Leases Current Maturities
DisposalGroupIncludingDiscontinuedOperationOperatingLeasesCurrentMaturities
2700000 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
2600000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
0 usd
CY2022Q2 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
200000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
4400000 usd
CY2022Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
4500000 usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
20800000 usd
CY2022Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
56100000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
354300000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
118000000.0 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1900000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
116100000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
134300000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
600000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
400000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
134500000 usd
CY2022Q2 us-gaap Interest Receivable
InterestReceivable
700000 usd
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
600000 usd
CY2022Q2 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
0 usd
CY2021Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
0 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
10800000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
10800000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
46300000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
44600000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1700000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1700000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
0 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
0 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
58800000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
57100000 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
118000000.0 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
116100000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
500000 usd
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
1400000 usd
us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
1000000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
42500000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1900000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
42500000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1900000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
29300000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
400000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
29300000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
400000 usd
CY2022Q2 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
31700000 usd
CY2021Q4 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
39300000 usd
CY2022Q2 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
4000000.0 usd
CY2021Q4 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
2000000.0 usd
CY2022Q2 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
27700000 usd
CY2021Q4 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
37300000 usd
us-gaap Interest Paid Net
InterestPaidNet
32800000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
74900000 usd
CY2022Q2 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
317000000.0 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
314700000 usd
CY2022Q2 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
0 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
294000000.0 usd
CY2022Q2 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
300300000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
81500000 usd
CY2022Q2 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
16700000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
527200000 usd
CY2022Q2 abg Floor Plan Notes Payable Non Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableNonTradeLiabilitiesAssociatedwithAssetsHeldforSale
1100000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableNonTradeLiabilitiesAssociatedwithAssetsHeldforSale
9100000 usd
CY2022Q2 abg Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
304300000 usd
CY2021Q4 abg Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
83500000 usd
CY2022Q2 abg Debt Instrument Conversion Maximum Convertible Amount Amount Subtracted From Contractual Total
DebtInstrumentConversionMaximumConvertibleAmountAmountSubtractedFromContractualTotal
50000000 usd
CY2022Q2 abg Amount Available Under Revolving Loan Credit Facility Transferred To New Vehicle Floor Plan Facility
AmountAvailableUnderRevolvingLoanCreditFacilityTransferredToNewVehicleFloorPlanFacility
389000000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2022Q2 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3415500000 usd
CY2021Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3614500000 usd
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
33000000.0 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
34700000 usd
CY2022Q2 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3385100000 usd
CY2021Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3582600000 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
69600000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
62500000 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3315500000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3520100000 usd
CY2022Q2 abg Mortgage Notes Payable Liabilities Associatedwith Assets Heldfor Sale
MortgageNotesPayableLiabilitiesAssociatedwithAssetsHeldforSale
2800000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
3376700000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3405200000 usd
CY2022Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3025500000 usd
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3502000000 usd
CY2022Q2 abg Mortgage Notes Payable Liabilities Associatedwith Assets Heldfor Sale
MortgageNotesPayableLiabilitiesAssociatedwithAssetsHeldforSale
2800000 usd
abg Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
5200000 usd
abg Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
5800000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
120900000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-400000 usd
abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-400000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 usd
CY2021Q2 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-2800000 usd
CY2022Q2 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-700000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 usd
abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
us-gaap Interest Paid Net
InterestPaidNet
74400000 usd
abg Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
128700000 usd
abg Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
112600000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q2 us-gaap Revenues
Revenues
3950200000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
802700000 usd
CY2021Q2 us-gaap Revenues
Revenues
2584000000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
497200000 usd
us-gaap Revenues
Revenues
7862000000 usd
us-gaap Gross Profit
GrossProfit
1594700000 usd
us-gaap Revenues
Revenues
4776900000 usd
us-gaap Gross Profit
GrossProfit
879900000 usd
CY2022Q2 us-gaap Assets
Assets
7638800000 usd
CY2021Q4 us-gaap Assets
Assets
8002600000 usd

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