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10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q3 2013
Filing Information
Form Type 10-Q
Accession Number 0001104659-13-079295
Period End Date 20130930
Filing Date 20131030
Fiscal Year 2013
Fiscal Period Q3
XBRL Instance pag-20130930.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $2.98M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $3.33M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $25.89M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.45M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $27.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $71.10M 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 $3,330 and $2,979 ReceivablesNetCurrent $554.85M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $3,330 and $2,979 ReceivablesNetCurrent $588.31M 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 $2.00B USD Point-in-time
Inventories InventoryNet $2.29B 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
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 $83.51M USD Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Assets held for sale AssetsHeldForSaleCurrent $1.06M USD Point-in-time
Common Stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Assets held for sale AssetsHeldForSaleCurrent $71.11M 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
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Total current assets AssetsCurrent $3.04B USD Point-in-time
Total current assets AssetsCurrent $2.76B USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 90.30M shares Point-in-time
Common Stock, shares issued CommonStockSharesIssued 90.20M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.21B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.03B USD Point-in-time
Goodwill Goodwill $980.44M USD Point-in-time
Goodwill Goodwill $1.12B USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 90.20M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 90.30M shares Point-in-time
Franchise value OtherIndefiniteLivedIntangibleAssets $283.15M USD Point-in-time
Franchise value OtherIndefiniteLivedIntangibleAssets $283.13M USD Point-in-time
Equity method investments EquityMethodInvestments $303.16M USD Point-in-time
Equity method investments EquityMethodInvestments $333.08M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $20.96M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $27.83M USD Point-in-time
Total assets Assets $5.38B USD Point-in-time
Total assets Assets $6.01B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.54B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.41B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $725.53M USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $802.05M USD Point-in-time
Accounts payable AccountsPayableCurrent $263.88M USD Point-in-time
Accounts payable AccountsPayableCurrent $380.00M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $223.97M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $275.48M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $46.89M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $19.49M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $2.59M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $51.28M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.04B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.69B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.01B 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 $338.43M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $156.71M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $164.31M USD Point-in-time
Total liabilities Liabilities $4.55B 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 $691.89M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $700.01M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $755.34M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $611.03M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-41.51M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.83M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.05M USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $1.30B USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $1.44B USD Point-in-time
Non-controlling interest MinorityInterest $12.11M USD Point-in-time
Non-controlling interest MinorityInterest $13.21M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B 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 $6.01B USD Point-in-time
Income Statement 118 line items
Line Item Tag Value Unit Period
Total revenues SalesRevenueNet $3.34B USD 1 Quarter
Total revenues SalesRevenueNet $9.81B USD 3 Qtrs
Total revenues SalesRevenueNet $10.93B USD 3 Qtrs
Total revenues SalesRevenueNet $3.82B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $9.24B USD 3 Qtrs
Total cost of sales CostOfGoodsAndServicesSold $3.24B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $2.83B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $8.31B USD 3 Qtrs
Gross profit GrossProfit $579.91M USD 1 Quarter
Gross profit GrossProfit $1.50B USD 3 Qtrs
Gross profit GrossProfit $1.68B USD 3 Qtrs
Gross profit GrossProfit $501.48M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $400.04M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.31B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.19B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $454.19M USD 1 Quarter
Depreciation Depreciation $45.30M USD 3 Qtrs
Depreciation Depreciation $13.70M USD 1 Quarter
Depreciation Depreciation $15.78M USD 1 Quarter
Depreciation Depreciation $40.01M USD 3 Qtrs
Operating income OperatingIncomeLoss $328.88M USD 3 Qtrs
Operating income OperatingIncomeLoss $109.94M USD 1 Quarter
Operating income OperatingIncomeLoss $272.75M USD 3 Qtrs
Operating income OperatingIncomeLoss $87.74M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $29.32M USD 3 Qtrs
Floor plan interest expense FloorPlanInterestExpense $10.84M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $9.95M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $32.01M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $36.16M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $12.37M USD 1 Quarter
Other interest expense InterestExpenseExcludingFloorPlanInterest $35.16M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $11.58M USD 1 Quarter
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $22.49M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $8.81M USD 1 Quarter
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $21.39M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $11.24M USD 1 Quarter
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.75M USD 1 Quarter
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.75M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $97.97M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $57.27M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $211.91M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $283.20M USD 3 Qtrs
Income taxes IncomeTaxExpenseBenefit $15.42M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $95.26M USD 3 Qtrs
Income taxes IncomeTaxExpenseBenefit $31.69M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $69.35M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $187.94M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $142.56M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $41.85M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $66.27M USD 1 Quarter
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.63M USD 3 Qtrs
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.89M USD 3 Qtrs
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-534.00K USD 1 Quarter
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-742.00K USD 1 Quarter
Net income ProfitLoss $137.93M USD 3 Qtrs
Net income ProfitLoss $186.05M USD 3 Qtrs
Net income ProfitLoss $41.31M USD 1 Quarter
Net income ProfitLoss $65.53M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $257.00K USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $990.00K USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $282.00K USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.06M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $65.28M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $136.94M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $41.03M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $184.98M USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.57 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.46 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.07 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.73 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.02 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 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 $2.05 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $1.52 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $0.72 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $0.45 USD 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 90.30M shares 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 90.33M shares 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 90.26M shares 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 90.20M shares 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.07 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.46 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.57 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.73 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.02 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.05 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.72 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.52 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.45 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $2.05 USD 3 Qtrs
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 90.24M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 90.30M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 90.36M shares 3 Qtrs
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 90.33M shares 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $187.94M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $142.56M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $41.85M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $66.27M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $257.00K USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $990.00K USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $282.00K USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.06M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $41.56M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $141.57M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $186.87M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $66.02M USD 1 Quarter
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.63M USD 3 Qtrs
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.89M USD 3 Qtrs
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-534.00K USD 1 Quarter
Income (Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-742.00K USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $65.28M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $136.94M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $41.03M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $184.98M USD 3 Qtrs
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Dealership acquisitions net, repayment of sellers' floor plan notes payable RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $1.04M USD 3 Qtrs
Dealership acquisitions net, repayment of sellers' floor plan notes payable RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $49.47M USD 3 Qtrs
Net income ProfitLoss $137.93M USD 3 Qtrs
Net income ProfitLoss $186.05M USD 3 Qtrs
Net income ProfitLoss $41.31M USD 1 Quarter
Net income ProfitLoss $65.53M USD 1 Quarter
Depreciation Depreciation $45.30M USD 3 Qtrs
Depreciation Depreciation $13.70M USD 1 Quarter
Depreciation Depreciation $15.78M USD 1 Quarter
Depreciation Depreciation $40.01M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $18.46M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $16.80M USD 3 Qtrs
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-1.89M USD 3 Qtrs
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-4.63M USD 3 Qtrs
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.75M USD 1 Quarter
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.75M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $14.87M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $47.15M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $31.59M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $17.70M USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $156.16M USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $190.63M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $256.01M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $126.34M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $37.56M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $72.27M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $7.01M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-11.32M USD 3 Qtrs
Net cash from continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $298.00M USD 3 Qtrs
Net cash from continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $262.75M USD 3 Qtrs
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $96.38M USD 3 Qtrs
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $122.95M USD 3 Qtrs
Purchase of Penske Car Rental vehicles PaymentsToPurchasePenskeCarRentalVehicles $82.31M USD 3 Qtrs
Proceeds from sale-leaseback transactions ProceedsFromSaleLeasebackTransactions $1.58M USD 3 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $1,045 and $49,467, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $221.16M USD 3 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $1,045 and $49,467, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $137.81M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $7.49M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-3.50M USD 3 Qtrs
Net cash from continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-229.10M USD 3 Qtrs
Net cash from continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-433.92M USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $525.80M USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $808.70M USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $657.80M USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $814.70M USD 3 Qtrs
Repayments under U.S. credit agreement term loan RepaymentsOfSecuredDebt $12.00M USD 3 Qtrs
Repayments under U.S. credit agreement term loan RepaymentsOfSecuredDebt $17.00M USD 3 Qtrs
Repurchase of 3.5% senior subordinated convertible notes RepaymentsOfConvertibleDebt $62.69M USD 3 Qtrs
Issuance of 5.75% senior subordinated notes ProceedsFromIssuanceOfSubordinatedLongTermDebt $550.00M USD 3 Qtrs
Repurchase of 7.75% senior subordinated notes RepaymentsOfSubordinatedDebt $390.75M USD 3 Qtrs
Net borrowings (repayments) of car rental revolver NetBorrowingsOfCarRentalRevolver $73.89M USD 3 Qtrs
Net borrowings (repayments) of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $15.09M USD 3 Qtrs
Net borrowings (repayments) of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $67.94M USD 3 Qtrs
Net borrowings (repayments) of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $32.41M USD 3 Qtrs
Net borrowings (repayments) of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $76.53M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $15.81M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $9.83M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $40.66M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $29.76M USD 3 Qtrs
Payment of deferred financing fees PaymentsOfFinancingCosts $8.50M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $235.00K USD 3 Qtrs
Net cash from continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-53.04M USD 3 Qtrs
Net cash from continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $144.11M USD 3 Qtrs
Net cash from discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $11.85M USD 3 Qtrs
Net cash from discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-3.70M USD 3 Qtrs
Net cash from discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $29.86M USD 3 Qtrs
Net cash from discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $34.90M USD 3 Qtrs
Net cash from discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-22.24M USD 3 Qtrs
Net cash from discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-12.92M USD 3 Qtrs
Net cash from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $18.28M USD 3 Qtrs
Net cash from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $19.47M USD 3 Qtrs
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.11M USD 3 Qtrs
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $27.65M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $25.89M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $43.45M 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 $71.10M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $25.89M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $43.45M 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 $71.10M USD Point-in-time
Interest InterestPaid $64.34M USD 3 Qtrs
Interest InterestPaid $61.99M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $35.23M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $23.20M USD 3 Qtrs
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.45M USD 3 Qtrs
Repurchases of common stock StockRepurchasedDuringPeriodValue $15.81M USD 3 Qtrs
Dividends DividendsCash $40.66M USD 3 Qtrs
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.25M USD 3 Qtrs
Sale of subsidiary shares to non-controlling interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $378.00K USD 3 Qtrs
Deconsolidation of Italian investment NoncontrollingInterestDecreaseFromDeconsolidation $8.31M USD 3 Qtrs
Reconsolidation of Italian investment NoncontrollingInterestIncreaseFromBusinessCombination $8.91M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $16.71M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.22M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $41.81M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $6.71M USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $175.00K USD 1 Quarter
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-74.00K USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $824.00K USD 1 Quarter
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $3.00M USD 3 Qtrs
Forward exchange contracts ForeignCurrencyTransactionGainLossUnrealized $-4.01M USD 1 Quarter
Forward exchange contracts ForeignCurrencyTransactionGainLossUnrealized $-4.01M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $-1.39M USD 3 Qtrs
Net income ProfitLoss $137.93M USD 3 Qtrs
Net income ProfitLoss $186.05M USD 3 Qtrs
Net income ProfitLoss $41.31M USD 1 Quarter
Net income ProfitLoss $65.53M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Comprehensive Income 50 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $137.93M USD 3 Qtrs
Unrealized gain (loss) arising during the period, tax benefit (provision) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $590.00K USD 1 Quarter
Net Income ProfitLoss $186.05M USD 3 Qtrs
Unrealized gain (loss) arising during the period, tax benefit (provision) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $-178.00K USD 1 Quarter
Net Income ProfitLoss $41.31M USD 1 Quarter
Net Income ProfitLoss $65.53M USD 1 Quarter
Unrealized gain (loss) arising during the period, tax benefit (provision) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $2.11M USD 3 Qtrs
Unrealized gain (loss) arising during the period, tax benefit (provision) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $-513.00K USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $2.07M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $1.45M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $361.00K USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $705.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $16.71M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.22M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $41.81M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $6.71M USD 3 Qtrs
Unrealized gain (loss) arising during the period, net of tax benefit (provision) of $(178), $590, $(513), and $2,114, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $784.00K USD 3 Qtrs
Unrealized gain (loss) arising during the period, net of tax benefit (provision) of $(178), $590, $(513), and $2,114, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $272.00K USD 1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefit (provision) of $(178), $590, $(513), and $2,114, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-903.00K USD 1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefit (provision) of $(178), $590, $(513), and $2,114, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-3.23M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $361, $705, $1,447, and $2,066, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-552.00K USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $361, $705, $1,447, and $2,066, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-3.16M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $361, $705, $1,447, and $2,066, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-1.08M USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $361, $705, $1,447, and $2,066, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-2.21M USD 3 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $175.00K USD 1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-74.00K USD 3 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $824.00K USD 1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $3.00M USD 3 Qtrs
Unrealized gain (loss) on forward exchange contracts ForeignCurrencyTransactionGainLossUnrealized $-4.01M USD 1 Quarter
Unrealized gain (loss) on forward exchange contracts ForeignCurrencyTransactionGainLossUnrealized $-4.01M USD 3 Qtrs
Other adjustments to Comprehensive Income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-1.39M USD 3 Qtrs
Other adjustments to Comprehensive Income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-173.00K USD 1 Quarter
Other adjustments to Comprehensive Income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $1.07M USD 1 Quarter
Other adjustments to Comprehensive Income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $2.61M USD 3 Qtrs
Other Comprehensive Income (Loss), Net of Taxes OtherComprehensiveIncomeLossNetOfTax $38.45M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Taxes OtherComprehensiveIncomeLossNetOfTax $17.76M USD 3 Qtrs
Other Comprehensive Income (Loss), Net of Taxes OtherComprehensiveIncomeLossNetOfTax $4.31M USD 3 Qtrs
Other Comprehensive Income (Loss), Net of Taxes OtherComprehensiveIncomeLossNetOfTax $17.95M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $190.36M USD 3 Qtrs
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $59.26M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $103.98M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $155.69M USD 3 Qtrs
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $489.00K USD 1 Quarter
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.60M USD 3 Qtrs
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.20M USD 3 Qtrs
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $257.00K USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $188.76M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $58.77M USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $103.72M USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $154.49M USD 3 Qtrs

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

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