10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-058994`
Period End Date	20130630
Filing Date	20130801
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	pag-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 116 Cash Flow Statement 76 Stockholders Equity 26 Comprehensive Income 48

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.52M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.98M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.45M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,522 and $2,979	`ReceivablesNetCurrent`	$554.85M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,522 and $2,979	`ReceivablesNetCurrent`	$530.65M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.00B	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`	$2.13B	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$90.48M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$90.35M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Assets held for sale	`AssetsHeldForSaleCurrent`	$33.85M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$73.40M	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.81B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.20M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.30M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.30M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.20M	shares	Point-in-time
Goodwill	`Goodwill`	$978.15M	USD	Point-in-time
Goodwill	`Goodwill`	$956.18M	USD	Point-in-time
Franchise value	`OtherIndefiniteLivedIntangibleAssets`	$283.15M	USD	Point-in-time
Franchise value	`OtherIndefiniteLivedIntangibleAssets`	$274.99M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$332.50M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$303.16M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$18.59M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$20.96M	USD	Point-in-time
Total assets	`Assets`	$5.38B	USD	Point-in-time
Total assets	`Assets`	$5.54B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.47B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.41B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$753.13M	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$725.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$263.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$314.05M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$226.97M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$223.97M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$44.90M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.49M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$23.55M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$51.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.69B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.84B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$875.31M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$918.02M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$287.82M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$313.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$164.31M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$155.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.06B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.18B	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`	$689.02M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$700.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$704.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$611.03M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.83M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.51M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-44.49M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.22M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.54B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$3.70B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$3.32B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$7.10B	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$6.48B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$6.00B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$3.13B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.81B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$5.48B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.10B	USD	2 Qtrs
Gross profit	`GrossProfit`	$999.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$569.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$504.97M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$788.62M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$854.77M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$440.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$400.64M	USD	1 Quarter
Depreciation	`Depreciation`	$14.98M	USD	1 Quarter
Depreciation	`Depreciation`	$13.32M	USD	1 Quarter
Depreciation	`Depreciation`	$26.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$29.52M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$91.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$218.94M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$185.01M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$113.71M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$21.17M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$19.37M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$10.90M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$9.85M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$11.48M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$23.57M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$23.79M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$12.07M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$11.25M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$12.58M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$8.17M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$8.90M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$154.64M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$185.23M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.64M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.86M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$53.93M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$63.57M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$35.16M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$27.09M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$121.66M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$100.72M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$64.48M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$50.77M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.16M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.15M	USD	2 Qtrs
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-4.10M	USD	2 Qtrs
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.98M	USD	1 Quarter
Net income	`ProfitLoss`	$49.61M	USD	1 Quarter
Net income	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income	`ProfitLoss`	$96.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$120.51M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$708.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$520.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$808.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$453.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$95.91M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$62.04M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$49.09M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$119.71M	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.34	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.71	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.11	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.56	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.05	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.06	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.33	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.34M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.27M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.36M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.31M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.34	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.11	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.56	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.71	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.05	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.32	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.34M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.31M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.39M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.38M	shares	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$121.66M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$100.72M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$64.48M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$50.77M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$708.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$520.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$808.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$453.00K	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$120.85M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$100.01M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$50.25M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$64.03M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.16M	USD	1 Quarter
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.15M	USD	2 Qtrs
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-4.10M	USD	2 Qtrs
Income (Loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.98M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$95.91M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$62.04M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$49.09M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$119.71M	USD	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Dealership acquisitions net, repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$1.76M	USD	2 Qtrs
Dealership acquisitions net, repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$37.78M	USD	2 Qtrs
Net income	`ProfitLoss`	$49.61M	USD	1 Quarter
Net income	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income	`ProfitLoss`	$96.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$120.51M	USD	2 Qtrs
Depreciation	`Depreciation`	$14.98M	USD	1 Quarter
Depreciation	`Depreciation`	$13.32M	USD	1 Quarter
Depreciation	`Depreciation`	$26.31M	USD	2 Qtrs
Depreciation	`Depreciation`	$29.52M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$10.23M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$12.58M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-4.10M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.15M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.79M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$25.84M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$8.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-4.41M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$144.88M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$175.41M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$176.16M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$81.36M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$62.13M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$93.24M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.88M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.83M	USD	2 Qtrs
Net cash from continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$201.95M	USD	2 Qtrs
Net cash from continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$175.64M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$57.32M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$143.59M	USD	2 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $1,758 and $37,779, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$111.52M	USD	2 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $1,758 and $37,779, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.73M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$9.70M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.65M	USD	2 Qtrs
Net cash from continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-184.02M	USD	2 Qtrs
Net cash from continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-172.50M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$491.70M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$396.80M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$519.70M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$414.80M	USD	2 Qtrs
Repayments under U.S. credit agreement term loan	`RepaymentsOfSecuredDebt`	$12.00M	USD	2 Qtrs
Repurchase of 3.5% senior subordinated convertible notes	`RepaymentsOfConvertibleDebt`	$37.78M	USD	2 Qtrs
Net borrowings (repayments) of car rental revolver	`NetBorrowingsOfCarRentalRevolver`	$82.11M	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-53.29M	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$11.57M	USD	2 Qtrs
Net borrowings (repayments) of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$33.48M	USD	2 Qtrs
Net borrowings (repayments) of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$35.22M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.83M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.81M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$18.92M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$26.22M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$235.00K	USD	2 Qtrs
Net cash from continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-19.49M	USD	2 Qtrs
Net cash from continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-37.73M	USD	2 Qtrs
Net cash from discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$15.71M	USD	2 Qtrs
Net cash from discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-1.07M	USD	2 Qtrs
Net cash from discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$35.31M	USD	2 Qtrs
Net cash from discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$2.82M	USD	2 Qtrs
Net cash from discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-7.86M	USD	2 Qtrs
Net cash from discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-17.01M	USD	2 Qtrs
Net cash from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$10.67M	USD	2 Qtrs
Net cash from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$17.23M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.95M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.19M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$26.25M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.95M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.45M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$26.25M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.45M	USD	Point-in-time
Interest	`InterestPaid`	$47.02M	USD	2 Qtrs
Interest	`InterestPaid`	$43.78M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$11.38M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$19.18M	USD	2 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.58M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$3.13M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$15.81M	USD	2 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	410,000.00	shares	2 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	98,000.00	shares	1 Quarter
Dividends	`DividendsCash`	$26.22M	USD	2 Qtrs
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.06M	USD	2 Qtrs
Sale of subsidiary shares to non-controlling interests	`MinorityInterestIncreaseFromStockIssuance`	$378.00K	USD	2 Qtrs
Deconsolidation of subsidiary	`NoncontrollingInterestDecreaseFromDeconsolidation`	$8.31M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.49M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.10M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.41M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.17M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-249.00K	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-15.00K	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.12M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-1.21M	USD	2 Qtrs
Net income	`ProfitLoss`	$49.61M	USD	1 Quarter
Net income	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income	`ProfitLoss`	$96.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$120.51M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$1.52M	USD	2 Qtrs
Net Income	`ProfitLoss`	$49.61M	USD	1 Quarter
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-335.00K	USD	2 Qtrs
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-370.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$62.49M	USD	1 Quarter
Unrealized gain (loss) arising during the period, tax benefit	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$701.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$96.62M	USD	2 Qtrs
Net Income	`ProfitLoss`	$120.51M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$1.09M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$364.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$692.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$1.36M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.49M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.10M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.41M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Unrealized gain(loss) arising during the period, net of tax benefit(provision) of ($370), $701, ($335), and $1,524, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$512.00K	USD	2 Qtrs
Unrealized gain(loss) arising during the period, net of tax benefit(provision) of ($370), $701, ($335), and $1,524, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$566.00K	USD	1 Quarter
Unrealized gain(loss) arising during the period, net of tax benefit(provision) of ($370), $701, ($335), and $1,524, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.07M	USD	1 Quarter
Unrealized gain(loss) arising during the period, net of tax benefit(provision) of ($370), $701, ($335), and $1,524, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.33M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $364, $692, $1,087, and $1,361, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$1.06M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $364, $692, $1,087, and $1,361, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$556.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $364, $692, $1,087, and $1,361, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$1.66M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $364, $692, $1,087, and $1,361, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$2.08M	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.17M	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-249.00K	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-15.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.12M	USD	1 Quarter
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.54M	USD	2 Qtrs
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$303.00K	USD	1 Quarter
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$534.00K	USD	1 Quarter
Other adjustments to Comprehensive Income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.21M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-34.14M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$2.98M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-10.90M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-195.00K	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.48M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.72M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$96.42M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.38M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.34M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$520.00K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$708.00K	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$453.00K	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$38.20M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$85.03M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$95.72M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$65.02M	USD	1 Quarter

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