Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 20

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 20
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 receivables, net360.1 369.2 Accounts and notes receivables, net303.0 238.4 Inventories2,636.8 1,963.4 Prepaid expenses67.9 38.9 Other current assets18.8 25.1 Current assets classified as held for sale76.2 99.1 TOTAL CURRENT ASSETS3,497.3 2,791.3 Property and equipment, net2,856.5 2,248.7 Operating lease assets315.3 216.5 Goodwill2,057.9 1,651.9 Intangible franchise rights948.1 701.2 Other long-term assets149.1 164.6 TOTAL ASSETS$9,824.2 $7,774.1 LIABILITIES AND STOCKHOLDERS’ EQUITYCURRENT LIABILITIES:Floorplan notes payable — credit facility and other, net of offset account of $286.3 and $236.7, respectively$1,255.3 $1,153.0 Floorplan notes payable — manufacturer affiliates, net of offset account of $2.0 and $38.5, respectively766.7 412.4 Current maturities of long-term debt 175.3 109.4 Current operating lease liabilities25.8 20.9 Accounts payable738.0 499.3 Accrued expenses and other current liabilities418.6 303.4 Current liabilities classified as held for sale17.1 7.2 TOTAL CURRENT LIABILITIES3,396.8 2,505.7 Long-term debt2,737.9 1,989.4 Long-term operating lease liabilities276.2 209.4 Deferred income taxes295.8 256.6 Other long-term liabilities143.3138.6Commitments and Contingencies (Note 18)STOCKHOLDERS’ EQUITY:Preferred stock, $0.01 par value, 1,000,000 shares authorized; none issued or outstanding— — Common stock, $0.01 par value, 50,000,000 shares authorized; 24,989,807 and 25,131,460 issued, respectively0.2 0.3 Additional paid-in capital356.1 349.1 Retained earnings4