10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001558370-16-006977`
Period End Date	20160630
Filing Date	20160729
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	pag-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 120 Cash Flow Statement 83 Stockholders Equity 18 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.60M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.30M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.40M	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 $4.6 and $4.2	`ReceivablesNetCurrent`	$782.30M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4.6 and $4.2	`ReceivablesNetCurrent`	$827.80M	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
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$3.35B	USD	Point-in-time
Inventories	`InventoryNet`	$3.46B	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$85.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$101.70M	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
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.80M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$12.70M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	85.18M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	89.52M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.41B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	89.52M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	85.18M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.39B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.52B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.58B	USD	Point-in-time
Goodwill	`Goodwill`	$1.31B	USD	Point-in-time
Goodwill	`Goodwill`	$1.32B	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$408.80M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$408.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$371.10M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$336.40M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$19.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$19.20M	USD	Point-in-time
Total assets	`Assets`	$8.01B	USD	Point-in-time
Total assets	`Assets`	$8.08B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.06B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.25B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$969.40M	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.13B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$554.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$493.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$378.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$403.30M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$47.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$28.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.60M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.04B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.25B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.61B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$433.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$449.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$238.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$212.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.34B	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
Common Stock	`CommonStockValue`	-	USD	Point-in-time
Common Stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$490.30M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$656.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.26B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-177.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-122.50M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.70B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.79B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$37.10M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$44.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.08B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$9.40B	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$5.25B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$4.92B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$10.08B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$8.58B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$7.98B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.48B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.19B	USD	1 Quarter
Gross profit	`GrossProfit`	$731.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.42B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.50B	USD	2 Qtrs
Gross profit	`GrossProfit`	$771.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$553.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.14B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$582.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.09B	USD	2 Qtrs
Depreciation	`Depreciation`	$19.30M	USD	1 Quarter
Depreciation	`Depreciation`	$37.90M	USD	2 Qtrs
Depreciation	`Depreciation`	$24.50M	USD	1 Quarter
Depreciation	`Depreciation`	$45.30M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$158.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$294.40M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$308.20M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$164.10M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$21.30M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$11.00M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$13.10M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$25.90M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$16.40M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$36.70M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$19.50M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$32.70M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$17.50M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$12.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$12.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$18.70M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.10M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$143.50M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$143.50M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$263.10M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$47.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$47.30M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$86.70M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$86.50M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$176.40M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$172.60M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$95.80M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$96.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.70M	USD	1 Quarter
Net income	`ProfitLoss`	$171.60M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$172.80M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$94.00M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$93.50M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$169.20M	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.11	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.01	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.04	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.89	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.88	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.30M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.20M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.70M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.20M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.04	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.11	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.00	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.88	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.99	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.87	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.30M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.80M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.30M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.20M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$176.40M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$172.60M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$95.80M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$96.20M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$170.20M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$94.10M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$94.70M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$174.00M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$172.80M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$94.00M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$93.50M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$169.20M	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.27	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.45	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.53	USD	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$95.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.70M	USD	1 Quarter
Net income	`ProfitLoss`	$171.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$19.30M	USD	1 Quarter
Depreciation	`Depreciation`	$37.90M	USD	2 Qtrs
Depreciation	`Depreciation`	$24.50M	USD	1 Quarter
Depreciation	`Depreciation`	$45.30M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$15.70M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$16.10M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-100.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.20M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	2 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$44.70M	USD	2 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$41.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-18.40M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$19.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$41.20M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$36.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$186.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-156.50M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-185.40M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$192.30M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$99.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$80.60M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-25.90M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-29.00M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$264.50M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$270.60M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$136.70M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$83.50M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $44.7 and $41.2, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.40M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $44.7 and $41.2, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$86.40M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$25.00M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-227.10M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-169.90M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$780.40M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$629.50M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$702.40M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$789.50M	USD	2 Qtrs
Repayment of U.S. credit agreement term loan	`RepaymentsOfSecuredDebt`	$88.00M	USD	2 Qtrs
Repayment of U.S. commercial truck capital loan	`RepaymentOfCommercialTruckCapitalLoan`	$60.50M	USD	2 Qtrs
Issuance of 5.50% senior subordinated notes	`ProceedsFromIssuanceOfSubordinatedLongTermDebt`	$500.00M	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$60.90M	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-123.70M	USD	2 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-163.00M	USD	2 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$120.30M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$6.60M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$1.70M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$173.60M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$46.40M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$40.70M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.80M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$200.00K	USD	2 Qtrs
Net cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-138.10M	USD	2 Qtrs
Net cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.50M	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-1.30M	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.30M	USD	2 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.70M	USD	2 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$129.50M	USD	2 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-100.00K	USD	2 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-87.30M	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$40.90M	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.70M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-400.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.10M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.10M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$97.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	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`	$62.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$97.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	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`	$62.40M	USD	Point-in-time
Interest	`InterestPaid`	$52.10M	USD	2 Qtrs
Interest	`InterestPaid`	$60.50M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$64.70M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$26.90M	USD	2 Qtrs
Seller financed/assumed debt	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$2.60M	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.73B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.60M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$173.60M	USD	2 Qtrs
Dividends	`DividendsCash`	$46.40M	USD	2 Qtrs
Purchase of subsidiary shares from non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$10.70M	USD	2 Qtrs
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$400.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.80M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-56.10M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.80M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.00M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$2.10M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.70M	USD	1 Quarter
Net income	`ProfitLoss`	$171.60M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.73B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$95.00M	USD	1 Quarter
Net income	`ProfitLoss`	$175.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.70M	USD	1 Quarter
Net income	`ProfitLoss`	$171.60M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-56.10M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.80M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.00M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.80M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$600.00K	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.50M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$500.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-55.50M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$38.30M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-54.30M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-16.80M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$120.90M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$154.80M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$134.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$39.50M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$800.00K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.20M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.60M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$38.70M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$153.20M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$132.50M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$117.70M	USD	2 Qtrs

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