10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-005826`
Period End Date	20180630
Filing Date	20180727
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	pag-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 118 Cash Flow Statement 84 Stockholders Equity 19 Comprehensive Income 28

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.10M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.50M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.70M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.1 and $5.5	`ReceivablesNetCurrent`	$954.90M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.1 and $5.5	`ReceivablesNetCurrent`	$919.60M	USD	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`	$3.94B	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$3.90B	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
Other current assets	`OtherAssetsCurrent`	$81.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$97.50M	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	84.87M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	85.79M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.03B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	85.79M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.14B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	84.87M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.11B	USD	Point-in-time
Goodwill	`Goodwill`	$1.70B	USD	Point-in-time
Goodwill	`Goodwill`	$1.66B	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$474.00M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$474.10M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.28B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.26B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$13.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$14.40M	USD	Point-in-time
Total assets	`Assets`	$10.57B	USD	Point-in-time
Total assets	`Assets`	$10.54B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.28B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.34B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.42B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$641.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$680.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$523.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$529.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$72.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$92.30M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$700.00K	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$700.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.00B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.09B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.06B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$530.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$481.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$540.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$547.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.11B	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`	$483.90M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$532.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.20B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.01B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-146.50M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-186.40M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$2.50B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$32.80M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.57B	USD	Point-in-time

Income Statement 118 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$5.38B	USD	1 Quarter
Total revenues	`Revenues`	$5.94B	USD	1 Quarter
Total revenues	`Revenues`	$11.69B	USD	2 Qtrs
Total revenues	`Revenues`	$10.46B	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$8.87B	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$5.05B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$9.93B	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$4.57B	USD	1 Quarter
Gross profit	`GrossProfit`	$889.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.59B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.75B	USD	2 Qtrs
Gross profit	`GrossProfit`	$817.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$675.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.22B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$622.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.34B	USD	2 Qtrs
Depreciation	`Depreciation`	$51.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$25.70M	USD	1 Quarter
Depreciation	`Depreciation`	$45.70M	USD	2 Qtrs
Depreciation	`Depreciation`	$23.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$322.20M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$172.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$364.40M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$188.70M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$15.50M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$29.20M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$19.90M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$38.80M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$51.40M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$28.60M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$58.40M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$26.40M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$53.30M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$36.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$40.00M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$26.80M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$176.20M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.90M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$320.50M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$281.60M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$50.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$77.60M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$91.30M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$41.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$106.70M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$242.90M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$135.20M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$190.30M	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-400.00K	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	1 Quarter
Net income	`ProfitLoss`	$135.20M	USD	1 Quarter
Net income	`ProfitLoss`	$189.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$106.90M	USD	1 Quarter
Net income	`ProfitLoss`	$243.00M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$134.60M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$188.80M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$106.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$242.70M	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.20	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.84	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.23	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.59	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.84	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.23	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$2.20	USD	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.90M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.90M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.40M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.10M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.58	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.20	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.84	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.23	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.58	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$2.20	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$2.84	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.90M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.10M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.50M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.00M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$106.70M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$242.90M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$135.20M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$190.30M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$134.60M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$106.00M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$189.20M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$242.60M	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-400.00K	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$134.60M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$188.80M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$106.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$242.70M	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.35	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.31	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.61	USD	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$99.00M	USD	2 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$25.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$135.20M	USD	1 Quarter
Net income	`ProfitLoss`	$189.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$106.90M	USD	1 Quarter
Net income	`ProfitLoss`	$243.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$51.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$25.70M	USD	1 Quarter
Depreciation	`Depreciation`	$45.70M	USD	2 Qtrs
Depreciation	`Depreciation`	$23.30M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$45.30M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$34.10M	USD	2 Qtrs
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-400.00K	USD	2 Qtrs
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$89.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$48.50M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-39.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-58.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-93.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$177.80M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-56.70M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$66.70M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.70M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$86.10M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.50M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.80M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$320.50M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$417.00M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$113.40M	USD	2 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$118.80M	USD	2 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$9.00M	USD	2 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$58.40M	USD	2 Qtrs
Proceeds from sale-leaseback transactions	`SaleLeasebackTransactionNetProceedsInvestingActivities`	$5.80M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $25.8 and $99.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$168.60M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $25.8 and $99.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$431.90M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-226.20M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-530.30M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$797.00M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$1.01B	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$870.00M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$929.00M	USD	2 Qtrs
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$54.90M	USD	2 Qtrs
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$96.10M	USD	2 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-92.90M	USD	2 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$131.30M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$55.80M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.50M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$52.40M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$59.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.10M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.80M	USD	2 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$202.50M	USD	2 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-190.70M	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$400.00K	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$200.00K	USD	2 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$2.30M	USD	2 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-200.00K	USD	2 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$200.00K	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-200.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$100.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.30M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Interest	`InterestPaidNet`	$95.90M	USD	2 Qtrs
Interest	`InterestPaidNet`	$78.90M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$8.30M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$24.10M	USD	2 Qtrs
Seller financed/assumed debt	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$3.80M	USD	2 Qtrs
Deferred consideration	`DeferredConsideration`	$6.80M	USD	2 Qtrs
Consideration transferred through common stock issuance	`StockIssued1`	$32.40M	USD	2 Qtrs
Contingent consideration	`BusinessCombinationContingentConsideration`	$20.00M	USD	2 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Adoption of ASC 606 (Note 1)	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$6.60M	USD	2 Qtrs
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.00M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$55.80M	USD	2 Qtrs
Dividends	`DividendsCash`	$59.00M	USD	2 Qtrs
Purchase of subsidiary shares from non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$4.50M	USD	2 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$700.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.70M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.30M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-37.60M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$62.40M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-3.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$135.20M	USD	1 Quarter
Net income	`ProfitLoss`	$189.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$106.90M	USD	1 Quarter
Net income	`ProfitLoss`	$243.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$135.20M	USD	1 Quarter
Net income	`ProfitLoss`	$189.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$106.90M	USD	1 Quarter
Net income	`ProfitLoss`	$243.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.70M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.30M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-37.60M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$62.40M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.40M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.50M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.80M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.20M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$40.50M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$66.60M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-41.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-72.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$62.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$147.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$256.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$202.00M	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-500.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.20M	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-800.00K	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$62.90M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$202.80M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$253.30M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$145.00M	USD	1 Quarter

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