10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-002995`
Period End Date	20170331
Filing Date	20170427
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	pag-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 56 Cash Flow Statement 72 Stockholders Equity 14 Comprehensive Income 14

Balance Sheet 85 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`	$4.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	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`	$72.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4.4 and $4.5	`ReceivablesNetCurrent`	$852.20M	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 $4.5	`ReceivablesNetCurrent`	$879.00M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.41B	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.57B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$73.90M	USD	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`	$99.30M	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
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.59B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.39B	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`	85.21M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.81B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	86.14M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.87B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	85.21M	shares	Point-in-time
Goodwill	`Goodwill`	$1.54B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	86.14M	shares	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$447.00M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$420.10M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$893.40M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$906.80M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$39.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$28.30M	USD	Point-in-time
Total assets	`Assets`	$8.83B	USD	Point-in-time
Total assets	`Assets`	$9.40B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.10B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.08B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.23B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$555.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$497.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$413.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$360.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$48.30M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$48.40M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.10M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$800.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.42B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.23B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.83B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$608.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$564.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$430.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$480.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.05B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.50B	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`	$531.20M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$497.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.50B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-250.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-225.00M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$29.20M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.40B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.83B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`SalesRevenueNet`	$4.82B	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$5.08B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.31B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.10B	USD	1 Quarter
Gross profit	`GrossProfit`	$774.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$723.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$601.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$558.90M	USD	1 Quarter
Depreciation	`Depreciation`	$22.40M	USD	1 Quarter
Depreciation	`Depreciation`	$20.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$150.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$144.10M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$13.70M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$12.80M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$25.00M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$17.20M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$13.20M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$5.50M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$119.60M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$39.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$41.10M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$83.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$80.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-600.00K	USD	1 Quarter
Net income	`ProfitLoss`	$83.00M	USD	1 Quarter
Net income	`ProfitLoss`	$80.20M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$79.30M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$82.60M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.90	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.97	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.60M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.30M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.97	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.90	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`	$0.90	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.96	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.30M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.60M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$83.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$80.20M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$83.20M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$79.30M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-600.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$79.30M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$82.60M	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.26	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	-	USD	1 Quarter
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$81.20M	USD	1 Quarter
Net income	`ProfitLoss`	$83.00M	USD	1 Quarter
Net income	`ProfitLoss`	$80.20M	USD	1 Quarter
Depreciation	`Depreciation`	$22.40M	USD	1 Quarter
Depreciation	`Depreciation`	$20.80M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$13.20M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$5.50M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-600.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.50M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.90M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$53.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-33.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$49.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$52.50M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$15.30M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$20.40M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$56.30M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$86.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$24.10M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.50M	USD	1 Quarter
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$198.60M	USD	1 Quarter
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$82.60M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$46.80M	USD	1 Quarter
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$36.90M	USD	1 Quarter
Acquisitions net, including repayment of sellers floor plan notes payable of $81.2 and $0.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$400.00K	USD	1 Quarter
Acquisitions net, including repayment of sellers floor plan notes payable of $81.2 and $0.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$314.20M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$25.70M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	1 Quarter
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-342.10M	USD	1 Quarter
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-72.90M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$523.00M	USD	1 Quarter
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$372.50M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$476.00M	USD	1 Quarter
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$295.50M	USD	1 Quarter
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$34.50M	USD	1 Quarter
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$106.10M	USD	1 Quarter
Net borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$54.90M	USD	1 Quarter
Net borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$63.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$167.90M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.70M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$23.30M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$25.60M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.60M	USD	1 Quarter
Net cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-29.40M	USD	1 Quarter
Net cash provided by (used in) continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$187.80M	USD	1 Quarter
Net cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-7.00M	USD	1 Quarter
Net cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$500.00K	USD	1 Quarter
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$9.70M	USD	1 Quarter
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.70M	USD	1 Quarter
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-200.00K	USD	1 Quarter
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.20M	USD	1 Quarter
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.50M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$700.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.40M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$48.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.80M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Interest	`InterestPaid`	$18.40M	USD	1 Quarter
Interest	`InterestPaid`	$20.30M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$13.10M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-8.40M	USD	1 Quarter
Seller financed/assumed debt	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$3.80M	USD	1 Quarter
Consideration transferred through common stock issuance	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$32.40M	USD	1 Quarter
Contingent consideration	`BusinessCombinationContingentConsideration`	$20.00M	USD	1 Quarter

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.90B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.40M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$2.70M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueAcquisitions`	$32.40M	USD	1 Quarter
Dividends	`DividendsCash`	$25.60M	USD	1 Quarter
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$300.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.70M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$1.40M	USD	1 Quarter
Net income	`ProfitLoss`	$83.00M	USD	1 Quarter
Net income	`ProfitLoss`	$80.20M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.90B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$83.00M	USD	1 Quarter
Net income	`ProfitLoss`	$80.20M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$300.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.70M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$900.00K	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.40M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$26.10M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$109.10M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$800.00K	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$79.00M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$108.30M	USD	1 Quarter

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