2022 Q4 Form 10-Q Financial Statement

#000114498022000158 Filed on October 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $3.706B $3.866B
YoY Change 39.59% 60.68%
Cost Of Revenue $2.968B $3.098B
YoY Change 40.49% 60.86%
Gross Profit $738.0M $767.8M
YoY Change 36.09% 59.96%
Gross Profit Margin 19.91% 19.86%
Selling, General & Admin $421.5M $438.2M
YoY Change 42.54% 63.08%
% of Gross Profit 57.11% 57.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.40M $17.10M
YoY Change 36.28% 59.81%
% of Gross Profit 2.09% 2.23%
Operating Expenses $435.4M $438.2M
YoY Change 42.19% 63.08%
Operating Profit $302.6M $313.6M
YoY Change 28.17% 56.02%
Interest Expense -$40.80M -$40.50M
YoY Change -22.14% 148.47%
% of Operating Profit -13.48% -12.91%
Other Income/Expense, Net -$40.50M
YoY Change 387.95%
Pretax Income $464.5M $273.1M
YoY Change 152.86% 41.72%
Income Tax $111.3M $68.10M
% Of Pretax Income 23.96% 24.94%
Net Earnings $353.2M $205.0M
YoY Change 151.39% 39.46%
Net Earnings / Revenue 9.53% 5.3%
Basic Earnings Per Share $9.26
Diluted Earnings Per Share $15.77 $9.23
COMMON SHARES
Basic Shares Outstanding 22.13M shares 22.13M shares
Diluted Shares Outstanding 22.20M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $240.7M $149.2M
YoY Change 26.75% -54.87%
Cash & Equivalents $235.3M $141.3M
Short-Term Investments $5.400M $7.900M
Other Short-Term Assets $288.1M $298.4M
YoY Change 41.43% 62.7%
Inventory $959.2M $822.2M
Prepaid Expenses $43.00M
Receivables $91.50M $84.40M
Other Receivables $80.40M $93.50M
Total Short-Term Assets $1.910B $1.813B
YoY Change -1.02% 57.55%
LONG-TERM ASSETS
Property, Plant & Equipment $1.941B $1.912B
YoY Change -2.46% 59.73%
Goodwill $1.783B $2.208B
YoY Change -21.49% 287.74%
Intangibles
YoY Change
Long-Term Investments $235.0M $173.5M
YoY Change 90.28%
Other Assets $116.7M $93.20M
YoY Change 425.68% 590.37%
Total Long-Term Assets $6.112B $6.004B
YoY Change 0.63% 147.99%
TOTAL ASSETS
Total Short-Term Assets $1.910B $1.813B
Total Long-Term Assets $6.112B $6.004B
Total Assets $8.021B $7.816B
YoY Change 0.23% 118.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $645.0M $771.5M
YoY Change 293.53% 67.9%
Accrued Expenses $23.60M $24.30M
YoY Change 237.14% 33.52%
Deferred Revenue $218.9M $205.9M
YoY Change 20.61%
Short-Term Debt $51.00M $28.20M
YoY Change -90.97% -79.59%
Long-Term Debt Due $84.50M $63.80M
YoY Change 35.2% 47.34%
Total Short-Term Liabilities $1.033B $1.159B
YoY Change -35.33% 75.77%
LONG-TERM LIABILITIES
Long-Term Debt $3.217B $3.262B
YoY Change -8.62% 145.67%
Other Long-Term Liabilities $53.50M $52.10M
YoY Change -11.86% 14.25%
Total Long-Term Liabilities $53.50M $52.10M
YoY Change -11.86% 14.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.033B $1.159B
Total Long-Term Liabilities $53.50M $52.10M
Total Liabilities $1.087B $1.211B
YoY Change -34.47% 71.79%
SHAREHOLDERS EQUITY
Retained Earnings $2.610B $2.338B
YoY Change 38.74% 34.32%
Common Stock $1.282B $1.284B
YoY Change 0.22% 111.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.063B $1.053B
YoY Change 1.81% 0.9%
Treasury Stock Shares 21.97M shares
Shareholders Equity $2.904B $2.643B
YoY Change
Total Liabilities & Shareholders Equity $8.021B $7.816B
YoY Change 0.23% 118.86%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $353.2M $205.0M
YoY Change 151.39% 39.46%
Depreciation, Depletion And Amortization $15.40M $17.10M
YoY Change 36.28% 59.81%
Cash From Operating Activities $31.60M $167.8M
YoY Change -84.59% -54.81%
INVESTING ACTIVITIES
Capital Expenditures $35.20M -$33.20M
YoY Change -241.94% 32.8%
Acquisitions
YoY Change
Other Investing Activities $266.9M -$78.00M
YoY Change -107.33% -1600.0%
Cash From Investing Activities $231.7M -$111.2M
YoY Change -106.32% 461.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -169.3M -15.40M
YoY Change -105.11% -87.5%
NET CHANGE
Cash From Operating Activities 31.60M 167.8M
Cash From Investing Activities 231.7M -111.2M
Cash From Financing Activities -169.3M -15.40M
Net Change In Cash 94.00M 41.20M
YoY Change -161.96% -81.95%
FREE CASH FLOW
Cash From Operating Activities $31.60M $167.8M
Capital Expenditures $35.20M -$33.20M
Free Cash Flow -$3.600M $201.0M
YoY Change -101.57% -49.28%

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IncomeTaxExpenseBenefit
210500000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
122100000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
205000000.0 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
147000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
644100000 usd
us-gaap Net Income Loss
NetIncomeLoss
391900000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.26
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
28.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
20.31
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.23
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
28.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
20.10
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22100000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19300000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
100000 shares
CY2021Q3 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
100000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
100000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
100000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22200000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19500000 shares
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
205000000.0 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
147000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
644100000 usd
us-gaap Net Income Loss
NetIncomeLoss
391900000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
33500000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2900000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
104400000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2600000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
8200000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
700000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
25600000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
700000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-3100000 usd
CY2021Q3 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
-5300000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-700000 usd
CY2021Q3 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
-1100000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
227900000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
149200000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
718700000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
393800000 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
CY2022Q2 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
CY2022Q2 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
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
205000000.0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
8200000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
25300000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-700000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2500000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
227900000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4700000 usd
CY2022Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
200000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2642900000 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
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
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
147000000.0 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
700000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2200000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
149200000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3800000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1301300000 usd
us-gaap Net Income Loss
NetIncomeLoss
644100000 usd
us-gaap Net Income Loss
NetIncomeLoss
391900000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
53600000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
30600000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
16400000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
12200000 usd
abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
-4400000 usd
abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-16100000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
700000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
9700000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
17700000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
8000000.0 usd
abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
18900000 usd
abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
15700000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2000000.0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
43300000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
61200000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-44000000.0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-48600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-50800000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-620600000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
285700000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
177200000 usd
abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
-15200000 usd
abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
-42700000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-35900000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
62400000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7600000 usd
abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
19300000 usd
abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
15700000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4500000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
664400000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
958600000 usd
abg Paymentsto Acquire Property Plantand Equipment Excluding Real Estate
PaymentstoAcquirePropertyPlantandEquipmentExcludingRealEstate
62500000 usd
abg Paymentsto Acquire Property Plantand Equipment Excluding Real Estate
PaymentstoAcquirePropertyPlantandEquipmentExcludingRealEstate
49400000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
10200000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
7800000 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
5000000.0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17100000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
379000000.0 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
21300000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
132400000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
41400000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
56000000.0 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
49500000 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
233000000.0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-248600000 usd
abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
5502000000 usd
abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
3404800000 usd
abg Floor Plan Borrowings Acquisitions
FloorPlanBorrowingsAcquisitions
0 usd
abg Floor Plan Borrowings Acquisitions
FloorPlanBorrowingsAcquisitions
300000 usd
abg Numberof Collision Centers Sold
NumberofCollisionCentersSold
1 collisioncenters
abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
5989800000 usd
abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
3925500000 usd
abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
21600000 usd
abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
800000 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 Repayments Of Secured Debt
RepaymentsOfSecuredDebt
48500000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
33700000 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
9100000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10300000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-935000000.0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-380800000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-37600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
329200000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1400000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141300000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
330600000 usd
CY2022Q3 abg Number Of Franchises
NumberOfFranchises
198 franchise
CY2022Q3 abg Number Of Vehicle Brands
NumberOfVehicleBrands
31 vehiclebrands
CY2022Q3 abg Number Of Dealership Locations
NumberOfDealershipLocations
148 dealership_location
CY2022Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
15 states
CY2022Q3 abg Number Of Collision Repair Centers
NumberOfCollisionRepairCenters
34 collisionrepaircenters
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>
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2800000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3865900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7182900000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1069203 shares
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2406100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11727900000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
27200000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
17700000 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
CY2022Q3 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
17000000.0 usd
CY2022Q3 abg Contract With Customer Asset Amortization Of Costs To Obtain A Contract With A Customer
ContractWithCustomerAssetAmortizationOfCostsToObtainAContractWithACustomer
500000 usd
CY2022Q3 abg Contract With Customer Costs To Obtain Contract
ContractWithCustomerCostsToObtainContract
8800000 usd
CY2022Q3 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
20600000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
60200000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
683800000 usd
abg Number Of Franchises Acquired
NumberOfFranchisesAcquired
1 franchises
abg Numberof Dealership Locations Acquired
NumberofDealershipLocationsAcquired
1 dealership_location
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
15900000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15600000 usd
us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
300000 usd
abg Business Combination Consideration Transferred Other Release
BusinessCombinationConsiderationTransferredOtherRelease
1000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
8000000 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
2300000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
7100000 usd
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
179800000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
231400000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1900000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 usd
CY2022Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
177900000 usd
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
229800000 usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
130000000.0 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
110800000 usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
18500000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
118500000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
822200000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
718400000 usd
CY2022Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
10600000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7700000 usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
42900000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
24100000 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
3700000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
4600000 usd
CY2022Q3 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
CY2022Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
204200000 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
375100000 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableTrade
2000000.0 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableTrade
0 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
18800000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
9100000 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
3000000.0 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
4600000 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
7900000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
0 usd
CY2022Q3 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
CY2022Q3 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
30900000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
0 usd
CY2022Q3 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
2200000 usd
CY2021Q4 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
4400000 usd
CY2022Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
65000000.0 usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
20800000 usd
CY2022Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
139200000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
354300000 usd
CY2022Q3 abg Number Of Collision Centers
NumberOfCollisionCenters
2 collisioncenters
CY2022Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
204200000 usd
CY2022Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
65000000 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
375100000 usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
20800000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4400000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
8000000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
186600000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
5100000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
181500000 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
CY2022Q3 us-gaap Interest Receivable
InterestReceivable
900000 usd
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
600000 usd
CY2022Q3 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
CY2022Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1200000 usd
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
8400000 usd
us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
2100000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
8000000.0 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
7900000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
57900000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
55700000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
30400000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
29100000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
1000000.0 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
900000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
97300000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
93600000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
186600000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
181500000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
126200000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
5000000.0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
126200000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
5000000.0 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
CY2022Q3 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
8100000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
527200000 usd
CY2022Q3 abg Floor Plan Notes Payable Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableTradeLiabilitiesAssociatedwithAssetsHeldforSale
2000000 usd
CY2022Q3 abg Floor Plan Notes Payable Non Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableNonTradeLiabilitiesAssociatedwithAssetsHeldforSale
18800000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableNonTradeLiabilitiesAssociatedwithAssetsHeldforSale
9100000 usd
CY2022Q3 abg Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
494300000 usd
CY2022Q3 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
34100000 usd
CY2021Q4 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
39300000 usd
CY2022Q3 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
14000000.0 usd
CY2021Q4 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
2000000.0 usd
CY2022Q3 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
20100000 usd
CY2021Q4 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
37300000 usd
CY2022Q3 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
388400000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
314700000 usd
CY2022Q3 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
100000000.0 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
294000000.0 usd
CY2022Q3 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
480300000 usd
CY2021Q4 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
81500000 usd
CY2021Q4 abg Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
83500000 usd
CY2022Q3 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
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2022Q3 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3354900000 usd
CY2021Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3614500000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
31900000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
34700000 usd
CY2022Q3 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3325500000 usd
CY2021Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3582600000 usd
CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
63800000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
62500000 usd
CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3261800000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3520100000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
3317100000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3405200000 usd
CY2022Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2865800000 usd
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3502000000 usd
abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
480000000.0 usd
us-gaap Revenues
Revenues
11727900000 usd
us-gaap Gross Profit
GrossProfit
2362500000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-4300000 usd
abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-1200000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 usd
CY2021Q3 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-7100000 usd
CY2022Q3 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-1900000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 usd
us-gaap Interest Paid Net
InterestPaidNet
104200000 usd
us-gaap Interest Paid Net
InterestPaidNet
58900000 usd
abg Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
6900000 usd
abg Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
7400000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
178300000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
94200000 usd
abg Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
201500000 usd
abg Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
159600000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Revenues
Revenues
3865900000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
767800000 usd
CY2021Q3 us-gaap Revenues
Revenues
2406100000 usd
us-gaap Revenues
Revenues
7182900000 usd
us-gaap Gross Profit
GrossProfit
1359900000 usd
CY2022Q3 us-gaap Assets
Assets
7816300000 usd
CY2021Q4 us-gaap Assets
Assets
8002600000 usd

Files In Submission

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0001144980-22-000158-index-headers.html Edgar Link pending
0001144980-22-000158-index.html Edgar Link pending
0001144980-22-000158.txt Edgar Link pending
0001144980-22-000158-xbrl.zip Edgar Link pending
abg-20220930.htm Edgar Link pending
abg-20220930.xsd Edgar Link pending
ex311section302ceocertific.htm Edgar Link pending
ex312section302cfocertific.htm Edgar Link pending
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