10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-074554`
Period End Date	20150930
Filing Date	20151030
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	pag-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 116 Cash Flow Statement 79 Stockholders Equity 21 Comprehensive Income 37

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.40M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.50M	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`	$49.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	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
Accounts receivable, net of allowance for doubtful accounts of $4.4 and $3.5	`ReceivablesNetCurrent`	$707.10M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4.4 and $3.5	`ReceivablesNetCurrent`	$775.50M	USD	Point-in-time
Inventories	`InventoryNet`	$2.84B	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.19B	USD	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
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$124.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$109.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$15.30M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$156.10M	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.14B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.86B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.48B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.33B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.07M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	90.24M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	90.07M	shares	Point-in-time
Goodwill	`Goodwill`	$1.30B	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`	$386.60M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$392.70M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$340.10M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$352.80M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$26.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$29.60M	USD	Point-in-time
Total assets	`Assets`	$7.67B	USD	Point-in-time
Total assets	`Assets`	$7.23B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.10B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.81B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.07B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$933.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$482.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$422.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$358.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$316.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$37.20M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$29.70M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.30M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$108.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.16B	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`	$395.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$190.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$255.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.55B	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`	$679.90M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$690.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.30M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.40M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.78B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$44.70M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.67B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$4.40B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$14.36B	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$4.96B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$12.81B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$12.21B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.23B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$3.75B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$10.89B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.15B	USD	3 Qtrs
Gross profit	`GrossProfit`	$647.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.92B	USD	3 Qtrs
Gross profit	`GrossProfit`	$729.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$563.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.49B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$502.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.65B	USD	3 Qtrs
Depreciation	`Depreciation`	$50.60M	USD	3 Qtrs
Depreciation	`Depreciation`	$17.30M	USD	1 Quarter
Depreciation	`Depreciation`	$57.70M	USD	3 Qtrs
Depreciation	`Depreciation`	$19.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$128.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$146.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$440.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$382.50M	USD	3 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$11.30M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$11.40M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$32.70M	USD	3 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$34.20M	USD	3 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$37.20M	USD	3 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$16.30M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$12.40M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$49.00M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$11.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$28.70M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$29.70M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$12.70M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$129.30M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$339.80M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$117.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$388.40M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$41.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$115.70M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$39.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$128.20M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$260.20M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$77.30M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$87.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$224.10M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.10M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-7.20M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-2.20M	USD	1 Quarter
Net income	`ProfitLoss`	$87.50M	USD	1 Quarter
Net income	`ProfitLoss`	$75.10M	USD	1 Quarter
Net income	`ProfitLoss`	$216.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.10M	USD	3 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$214.90M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$255.80M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$74.50M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$86.60M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.85	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.46	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.85	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.96	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.08	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.84	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.38	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.10M	shares	1 Quarter
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.30M	shares	1 Quarter
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.40M	shares	3 Qtrs
Shares used in determining basic earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.20M	shares	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.46	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.96	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.85	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.85	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.08	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$2.84	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.96	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`	$2.38	USD	3 Qtrs
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.10M	shares	1 Quarter
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.40M	shares	3 Qtrs
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.20M	shares	3 Qtrs
Shares used in determining diluted earnings per share (Note 6) (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.30M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$260.20M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$77.30M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$87.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$224.10M	USD	3 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	3 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$86.70M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$76.70M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$256.90M	USD	3 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$222.10M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.10M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-7.20M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-2.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$214.90M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$255.80M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$74.50M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$86.60M	USD	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$41.20M	USD	3 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$23.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.50M	USD	1 Quarter
Net income	`ProfitLoss`	$75.10M	USD	1 Quarter
Net income	`ProfitLoss`	$216.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.10M	USD	3 Qtrs
Depreciation	`Depreciation`	$50.60M	USD	3 Qtrs
Depreciation	`Depreciation`	$17.30M	USD	1 Quarter
Depreciation	`Depreciation`	$57.70M	USD	3 Qtrs
Depreciation	`Depreciation`	$19.80M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$22.90M	USD	3 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$22.90M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.10M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-7.20M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-2.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.80M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.90M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$41.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$16.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-60.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$180.40M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-76.90M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$209.50M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$60.30M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$68.10M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-15.50M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.40M	USD	3 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$276.00M	USD	3 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$373.40M	USD	3 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$151.10M	USD	3 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$139.60M	USD	3 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $41.2 and $23.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$85.40M	USD	3 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $41.2 and $23.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$86.20M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-200.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$25.30M	USD	3 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-251.10M	USD	3 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-236.30M	USD	3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$951.10M	USD	3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$1.06B	USD	3 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$982.40M	USD	3 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$867.10M	USD	3 Qtrs
Repayment of U.S credit agreement term loan	`RepaymentsOfSecuredDebt`	$88.00M	USD	3 Qtrs
Repayment of U.S. commercial truck capital loan	`RepaymentOfCommercialTruckCapitalLoan`	$60.50M	USD	3 Qtrs
Net (repayments) borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-95.20M	USD	3 Qtrs
Net (repayments) borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$43.00M	USD	3 Qtrs
Net borrowings of floor plan notes payable - non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$94.60M	USD	3 Qtrs
Payment of deferred financing fees	`PaymentsOfFinancingCosts`	$1.80M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.50M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$51.50M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$62.30M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.90M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$200.00K	USD	3 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$60.20M	USD	3 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-163.10M	USD	3 Qtrs
Net cash used in discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-2.80M	USD	3 Qtrs
Net cash used in discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-1.40M	USD	3 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$4.80M	USD	3 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$129.60M	USD	3 Qtrs
Net cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-87.10M	USD	3 Qtrs
Net cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$11.70M	USD	3 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$15.10M	USD	3 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$39.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-300.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$100.20M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.40M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$150.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$150.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$50.30M	USD	Point-in-time
Interest	`InterestPaid`	$67.80M	USD	3 Qtrs
Interest	`InterestPaid`	$67.60M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$85.60M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$100.30M	USD	3 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.00M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$22.00M	USD	3 Qtrs
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	439,383.00	shares	3 Qtrs
Dividends	`DividendsCash`	$62.30M	USD	3 Qtrs
Purchase of controlling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$22.40M	USD	3 Qtrs
Purchase of subsidiary shares from non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$6.10M	USD	3 Qtrs
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.60M	USD	3 Qtrs
Sale of subsidiary shares to non-controlling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$700.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-57.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.40M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-42.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.50M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-2.30M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.50M	USD	1 Quarter
Net income	`ProfitLoss`	$75.10M	USD	1 Quarter
Net income	`ProfitLoss`	$216.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.10M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time

Comprehensive Income 37 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$87.50M	USD	1 Quarter
Net income	`ProfitLoss`	$75.10M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$700.00K	USD	1 Quarter
Net income	`ProfitLoss`	$216.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.10M	USD	3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$2.20M	USD	3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax provision	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-57.00M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.40M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-42.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.50M	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax benefits	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-200.00K	USD	3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $0.0, $0.7, $0.0 and $2.2, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.40M	USD	3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $0.0, $0.7, $0.0 and $2.2, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.10M	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$3.20M	USD	3 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.10M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-500.00K	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.80M	USD	3 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-2.30M	USD	3 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.40M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-26.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-42.50M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-59.30M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-51.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$199.80M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$190.90M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$45.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.10M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.10M	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$24.20M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$43.50M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$196.70M	USD	3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$189.90M	USD	3 Qtrs

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