10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-007934`
Period End Date	20180930
Filing Date	20181026
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	pag-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 120 Cash Flow Statement 88 Stockholders Equity 19 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.50M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.20M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.60M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	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 $5.3 and $5.5	`ReceivablesNetCurrent`	$953.40M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.3 and $5.5	`ReceivablesNetCurrent`	$954.90M	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`	$3.78B	USD	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
Other current assets	`OtherAssetsCurrent`	$91.80M	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
Total current assets	`AssetsCurrent`	$4.87B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	84.86M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	85.79M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.03B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	84.86M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	85.79M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.18B	USD	Point-in-time
Goodwill	`Goodwill`	$1.69B	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`	$471.90M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.26B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.30B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$14.40M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$18.30M	USD	Point-in-time
Total assets	`Assets`	$10.53B	USD	Point-in-time
Total assets	`Assets`	$10.54B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.34B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.17B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.36B	USD	Point-in-time
Floor plan notes payable - non-trade	`FloorPlanNotesPayableNonTrade`	$1.42B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$633.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$641.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$523.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$570.20M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$72.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$92.70M	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`	$4.83B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.09B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$481.50M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$547.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$540.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$547.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.91B	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
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`	$487.90M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$532.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.01B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-203.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-146.50M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$28.70M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$32.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.53B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$5.52B	USD	1 Quarter
Total revenues	`Revenues`	$15.99B	USD	3 Qtrs
Total revenues	`Revenues`	$5.66B	USD	1 Quarter
Total revenues	`Revenues`	$17.35B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$4.70B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$13.57B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$4.81B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$14.74B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.41B	USD	3 Qtrs
Gross profit	`GrossProfit`	$822.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.61B	USD	3 Qtrs
Gross profit	`GrossProfit`	$852.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$662.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.00B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$646.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.87B	USD	3 Qtrs
Depreciation	`Depreciation`	$77.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$70.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$25.90M	USD	1 Quarter
Depreciation	`Depreciation`	$24.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$152.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$474.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$163.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$528.30M	USD	3 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$45.60M	USD	3 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$20.20M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$16.40M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$59.00M	USD	3 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$86.70M	USD	3 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$27.80M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$28.30M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$79.20M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$70.90M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$95.00M	USD	3 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$30.90M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$41.70M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$138.90M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$157.10M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$420.50M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$477.60M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$136.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$27.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$44.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$104.70M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$94.20M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$284.50M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$372.90M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$130.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	3 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-300.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$373.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$284.20M	USD	3 Qtrs
Net income	`ProfitLoss`	$94.30M	USD	1 Quarter
Net income	`ProfitLoss`	$130.10M	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$94.40M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$283.20M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$130.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$372.90M	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.53	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.37	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.10	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.30	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
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	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.53	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$3.30	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$4.37	USD	3 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.90M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.90M	shares	3 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.20M	shares	3 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.90M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.10	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.30	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.37	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.53	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$3.30	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$4.37	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.53	USD	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.00M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.90M	shares	3 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.90M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.30M	shares	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$94.20M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$284.50M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$372.90M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$130.00M	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: (Loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	3 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$94.30M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$130.10M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$283.50M	USD	3 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$372.70M	USD	3 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	3 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-300.00K	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$94.40M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$283.20M	USD	3 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$130.20M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$372.90M	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.93	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.32	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.36	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.05	USD	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$101.60M	USD	3 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$25.80M	USD	3 Qtrs
Net income	`ProfitLoss`	$373.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$284.20M	USD	3 Qtrs
Net income	`ProfitLoss`	$94.30M	USD	1 Quarter
Net income	`ProfitLoss`	$130.10M	USD	1 Quarter
Depreciation	`Depreciation`	$77.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$70.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$25.90M	USD	1 Quarter
Depreciation	`Depreciation`	$24.30M	USD	1 Quarter
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$53.10M	USD	3 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$69.50M	USD	3 Qtrs
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$200.00K	USD	3 Qtrs
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
(Income) loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-300.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$204.90M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$64.30M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$48.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-6.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$226.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-205.20M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$137.80M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-165.20M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$98.40M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.20M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$300.00K	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-18.70M	USD	3 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$466.80M	USD	3 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$535.90M	USD	3 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$180.10M	USD	3 Qtrs
Purchase of equipment and improvements	`PaymentsToAcquireProductiveAssets`	$188.50M	USD	3 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$9.00M	USD	3 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$58.40M	USD	3 Qtrs
Proceeds from sale-leaseback transactions	`SaleLeasebackTransactionNetProceedsInvestingActivities`	$10.70M	USD	3 Qtrs
Acquisition of additional ownership interest in Penske Truck Leasing	`PaymentsToAcquireEquityMethodInvestments`	$239.10M	USD	3 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $25.8 and $101.6, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$449.70M	USD	3 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $25.8 and $101.6, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$168.60M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.30M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.50M	USD	3 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-855.60M	USD	3 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-291.50M	USD	3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$1.16B	USD	3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$1.62B	USD	3 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$1.33B	USD	3 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$1.65B	USD	3 Qtrs
Issuance of 3.75% senior subordinated notes	`ProceedsFromIssuanceOfSubordinatedLongTermDebt`	$300.00M	USD	3 Qtrs
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$131.00M	USD	3 Qtrs
Net borrowings of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$74.30M	USD	3 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$155.20M	USD	3 Qtrs
Net (repayments) borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-59.60M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$4.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$18.50M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$55.80M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$89.70M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$80.10M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.80M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.20M	USD	3 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$397.10M	USD	3 Qtrs
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-252.30M	USD	3 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$300.00K	USD	3 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$500.00K	USD	3 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	3 Qtrs
Net cash provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$2.40M	USD	3 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-200.00K	USD	3 Qtrs
Net cash used in discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	3 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$300.00K	USD	3 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$2.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-500.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.20M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.20M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.10M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.60M	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`	$37.20M	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`	$37.60M	USD	Point-in-time
Interest	`InterestPaidNet`	$127.40M	USD	3 Qtrs
Interest	`InterestPaidNet`	$102.20M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$21.30M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$36.50M	USD	3 Qtrs
Seller financed/assumed debt	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$3.80M	USD	3 Qtrs
Deferred consideration	`DeferredConsideration`	$6.80M	USD	3 Qtrs
Consideration transferred through common stock issuance	`StockIssued1`	$32.40M	USD	3 Qtrs
Contingent consideration	`BusinessCombinationContingentConsideration`	$20.00M	USD	3 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time
Adoption of ASC 606 (Note 1)	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$6.60M	USD	3 Qtrs
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$55.80M	USD	3 Qtrs
Dividends	`DividendsCash`	$89.70M	USD	3 Qtrs
Purchase of subsidiary shares from non-controlling interest	`MinorityInterestDecreaseFromRedemptions`	$4.50M	USD	3 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$31.70M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$94.10M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-57.20M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.60M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-700.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$373.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$284.20M	USD	3 Qtrs
Net income	`ProfitLoss`	$94.30M	USD	1 Quarter
Net income	`ProfitLoss`	$130.10M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$373.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$284.20M	USD	3 Qtrs
Net income	`ProfitLoss`	$94.30M	USD	1 Quarter
Net income	`ProfitLoss`	$130.10M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$31.70M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$94.10M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-57.20M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.60M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.30M	USD	3 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.60M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.10M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$7.80M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$35.30M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-58.50M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-17.50M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$101.90M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$112.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$314.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$129.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$386.10M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.80M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$112.80M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$315.60M	USD	3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$129.00M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$382.30M	USD	3 Qtrs

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