10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-035189`
Period End Date	20130331
Filing Date	20130430
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	pag-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 58 Cash Flow Statement 68 Stockholders Equity 17 Comprehensive Income 24

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.44M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.14M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,437 and $2,919	`ReceivablesNetCurrent`	$552.87M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,437 and $2,919	`ReceivablesNetCurrent`	$527.66M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$1.99B	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.02B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$90.85M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$89.49M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$108.47M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$94.44M	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.78B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.77B	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.08B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.02B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.30M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.30M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.30M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.30M	shares	Point-in-time
Goodwill	`Goodwill`	$950.64M	USD	Point-in-time
Goodwill	`Goodwill`	$974.72M	USD	Point-in-time
Franchise value	`OtherIndefiniteLivedIntangibleAssets`	$274.95M	USD	Point-in-time
Franchise value	`OtherIndefiniteLivedIntangibleAssets`	$283.29M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$303.16M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$311.25M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$20.95M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$18.74M	USD	Point-in-time
Total assets	`Assets`	$5.41B	USD	Point-in-time
Total assets	`Assets`	$5.38B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.41B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.43B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$744.22M	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$716.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$287.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$263.35M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$226.08M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$223.57M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.49M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$33.05M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$81.45M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$62.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.80B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.69B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$918.02M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$858.68M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$287.82M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$297.85M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$163.27M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$155.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.06B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	$9.00K	USD	Point-in-time
Common Stock	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$700.01M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$689.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$611.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$656.03M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-44.49M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.83M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.11M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.50M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.41B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$3.16B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$3.40B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.87B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.66B	USD	1 Quarter
Gross profit	`GrossProfit`	$532.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$493.86M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$386.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$413.31M	USD	1 Quarter
Depreciation	`Depreciation`	$14.45M	USD	1 Quarter
Depreciation	`Depreciation`	$12.95M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$105.23M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$94.20M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$10.21M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$9.49M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$12.13M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$11.78M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$2.35M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.41M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$85.59M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$76.99M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$28.38M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$26.91M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$57.21M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$50.08M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$813.00K	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-3.08M	USD	1 Quarter
Net income	`ProfitLoss`	$47.01M	USD	1 Quarter
Net income	`ProfitLoss`	$58.02M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$188.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$355.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$46.82M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$57.66M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.55	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.63	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.01	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.03	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.42M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.31M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.55	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.63	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.01	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.03	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.46M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.34M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$57.21M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$50.08M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$188.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$355.00K	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$56.85M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$49.89M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$813.00K	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-3.08M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$46.82M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$57.66M	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Dealership acquisitions net, repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$36.91M	USD	1 Quarter
Dealership acquisitions net, repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	-	USD	1 Quarter
Net income	`ProfitLoss`	$47.01M	USD	1 Quarter
Net income	`ProfitLoss`	$58.02M	USD	1 Quarter
Depreciation	`Depreciation`	$14.45M	USD	1 Quarter
Depreciation	`Depreciation`	$12.95M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$4.41M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$2.35M	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-3.08M	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$813.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.63M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.88M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$33.68M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-6.88M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$101.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$53.09M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$32.12M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$134.09M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.50M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$74.15M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.73M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.46M	USD	1 Quarter
Net cash from continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$125.21M	USD	1 Quarter
Net cash from continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$103.08M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$26.17M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$68.40M	USD	1 Quarter
Dealership acquisitions net, including repayment of sellers' floor plan notes payable of $0 and $36,906, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$27.18M	USD	1 Quarter
Dealership acquisitions net, including repayment of sellers' floor plan notes payable of $0 and $36,906, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$108.11M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.74M	USD	1 Quarter
Net cash from continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-134.28M	USD	1 Quarter
Net cash from continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-89.83M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$194.30M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$247.70M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$219.30M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$287.70M	USD	1 Quarter
Net borrowings (repayments) of car rental revolver	`NetBorrowingsOfCarRentalRevolver`	$49.78M	USD	1 Quarter
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-49.37M	USD	1 Quarter
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$34.77M	USD	1 Quarter
Net borrowings (repayments) of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$33.48M	USD	1 Quarter
Net borrowings (repayments) of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-367.00K	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$12.68M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.52M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$12.66M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$8.97M	USD	1 Quarter
Net cash from continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-31.45M	USD	1 Quarter
Net cash from continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-8.10M	USD	1 Quarter
Net cash from discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-2.77M	USD	1 Quarter
Net cash from discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-2.77M	USD	1 Quarter
Net cash from discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$34.37M	USD	1 Quarter
Net cash from discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$989.00K	USD	1 Quarter
Net cash from discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-10.49M	USD	1 Quarter
Net cash from discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$7.86M	USD	1 Quarter
Net cash from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$6.08M	USD	1 Quarter
Net cash from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$21.11M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.13M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.94M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.63M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$31.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$31.14M	USD	Point-in-time
Interest	`InterestPaid`	$14.06M	USD	1 Quarter
Interest	`InterestPaid`	$13.48M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$3.26M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$7.74M	USD	1 Quarter

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.19M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$12.68M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	410,000.00	shares	1 Quarter
Dividends	`DividendsCash`	$12.66M	USD	1 Quarter
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$190.00K	USD	1 Quarter
Deconsolidation of subsidiary	`NoncontrollingInterestDecreaseFromDeconsolidation`	$8.31M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.65M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.93M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.05M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-234.00K	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-1.52M	USD	1 Quarter
Net income	`ProfitLoss`	$47.01M	USD	1 Quarter
Net income	`ProfitLoss`	$58.02M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$47.01M	USD	1 Quarter
Net Income	`ProfitLoss`	$58.02M	USD	1 Quarter
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$35.00K	USD	1 Quarter
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$822.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$669.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$723.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.65M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.93M	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefit of $35 and $822, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefit of $35 and $822, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.26M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $723, and $669, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$1.10M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $723, and $669, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$1.02M	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.05M	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-234.00K	USD	1 Quarter
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.01M	USD	1 Quarter
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.52M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-37.12M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$10.70M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.90M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.71M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$889.00K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$188.00K	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$57.52M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$20.01M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.