10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-033197`
Period End Date	20150331
Filing Date	20150501
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	pag-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 59 Cash Flow Statement 68 Stockholders Equity 13 Comprehensive Income 18

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.20M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.50M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4.2 and $3.5	`ReceivablesNetCurrent`	$746.40M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4.2 and $3.5	`ReceivablesNetCurrent`	$701.40M	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
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.89B	USD	Point-in-time
Inventories	`InventoryNet`	$2.82B	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$124.70M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$106.70M	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	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$62.20M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$186.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.87B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.87B	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
Common Stock, shares issued	`CommonStockSharesIssued`	90.24M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.24M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.33B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.33B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.24M	shares	Point-in-time
Goodwill	`Goodwill`	$1.27B	USD	Point-in-time
Goodwill	`Goodwill`	$1.27B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.24M	shares	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$386.20M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$386.60M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$352.80M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$350.90M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$26.40M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$24.60M	USD	Point-in-time
Total assets	`Assets`	$7.23B	USD	Point-in-time
Total assets	`Assets`	$7.23B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.92B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.81B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$920.50M	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$454.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$417.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$310.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$342.90M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$34.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$36.60M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$43.30M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$132.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.81B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.17B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.32B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$409.90M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$385.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$190.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$185.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.55B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.56B	USD	Point-in-time
Commitments and contingent liabilities (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$680.30M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$690.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-107.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.30M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.64B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.40M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.23B	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$16.60B	USD	Annual
Total revenues	`SalesRevenueNet`	$4.02B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$4.47B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$3.78B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$3.40B	USD	1 Quarter
Gross profit	`GrossProfit`	$688.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$614.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$534.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$477.20M	USD	1 Quarter
Depreciation	`Depreciation`	$16.10M	USD	1 Quarter
Depreciation	`Depreciation`	$18.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$120.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$135.60M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$10.10M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$11.10M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$12.40M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$16.30M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$5.10M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$6.70M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.30M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.90M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$34.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$38.80M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$77.10M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.60M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$300.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Net income	`ProfitLoss`	$75.90M	USD	1 Quarter
Net income	`ProfitLoss`	$67.90M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$75.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$67.50M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.85	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.74	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.40M	shares	1 Quarter
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.30M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.74	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.85	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
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`	$0.83	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.50M	shares	1 Quarter
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.30M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$77.10M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.60M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$67.20M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$76.40M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$300.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$75.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$67.50M	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$41.20M	USD	1 Quarter
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$22.40M	USD	Annual
Net income	`ProfitLoss`	$75.90M	USD	1 Quarter
Net income	`ProfitLoss`	$67.90M	USD	1 Quarter
Depreciation	`Depreciation`	$16.10M	USD	1 Quarter
Depreciation	`Depreciation`	$18.60M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$5.10M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$6.70M	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$300.00K	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$45.10M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$75.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$19.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$800.00K	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$36.90M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$103.20M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$84.60M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$67.90M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-9.10M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-20.90M	USD	1 Quarter
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$193.60M	USD	1 Quarter
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$132.50M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$39.80M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$33.60M	USD	1 Quarter
Acquisitions net, including repayment of sellers' floor plan notes payable of $41.2 and $22.4, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$81.80M	USD	1 Quarter
Acquisitions net, including repayment of sellers' floor plan notes payable of $41.2 and $22.4, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$86.40M	USD	1 Quarter
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-121.60M	USD	1 Quarter
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-120.00M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$323.00M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$398.90M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$313.00M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$398.90M	USD	1 Quarter
Repayment of U.S. commercial truck capital loan	`RepaymentOfCommercialTruckCapitalLoan`	$60.50M	USD	1 Quarter
Net repayments of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-36.30M	USD	1 Quarter
Net repayments of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-78.80M	USD	1 Quarter
Net borrowings of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$6.80M	USD	1 Quarter
Net borrowings of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$101.00M	USD	1 Quarter
Payment of deferred financing fees	`PaymentsOfFinancingCosts`	$1.20M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$14.00M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$16.20M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$19.90M	USD	1 Quarter
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-35.70M	USD	1 Quarter
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-73.40M	USD	1 Quarter
Net cash provided by (used in) discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$13.60M	USD	1 Quarter
Net cash provided by (used in) discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-17.80M	USD	1 Quarter
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$33.60M	USD	1 Quarter
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$105.40M	USD	1 Quarter
Net cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$13.80M	USD	1 Quarter
Net cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-85.60M	USD	1 Quarter
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$33.40M	USD	1 Quarter
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$29.60M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.10M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$30.50M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.80M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$66.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$66.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Interest	`InterestPaid`	$13.60M	USD	1 Quarter
Interest	`InterestPaid`	$17.60M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$9.20M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$13.30M	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.60M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$14.00M	USD	1 Quarter
Dividends	`DividendsCash`	$19.90M	USD	1 Quarter
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$300.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-52.80M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.30M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-2.30M	USD	1 Quarter
Net income	`ProfitLoss`	$75.90M	USD	1 Quarter
Net income	`ProfitLoss`	$67.90M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$75.90M	USD	1 Quarter
Net Income	`ProfitLoss`	$67.90M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$700.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-52.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.30M	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefits	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-200.00K	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $0.7	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.10M	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$900.00K	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.00M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-2.30M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-55.10M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$6.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$74.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.80M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$20.70M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$73.90M	USD	1 Quarter

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