Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 23

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 23
---
:Unrealized gain arising during the period, net of tax provision of $(6.7), $(3.3) and $(25.8), respectively21.5 10.4 84.1 Reclassification adjustment for gain included in interest expense, net of tax provision of $(9.0), $(7.9) and $(0.8), respectively(28.7)(25.4)(2.5)Reclassification related to de-designated interest rate swaps, net of tax provision of $(0.1), $(1.0) and $—, respectively(0.2)(3.1)— Unrealized (loss) gain on interest rate risk management activities, net of tax(7.4)(18.0)81.6 OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX(26.5)5.7 178.7 COMPREHENSIVE INCOME$471.7 $607.3 $930.2 

The accompanying notes are an integral part of these consolidated financial statements.

F-7

GROUP 1 AUTOMOTIVE, INC. 

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In millions, except share data)

 Common StockAdditionalPaid-inCapitalRetainedEarningsAccumulated Other Comprehensive Income (Loss)TreasuryStockTotal SharesAmountBALANCE, DECEMBER 31, 202125,336,054 $0.3 $325.8 $2,345.9 $(156.2)$(690.4)$1,825.2 Net income— — — 751.5 — — 751.5 Other comprehensive income, net of taxes— — — — 178.7 — 178.7 Purchases of treasury stock— — — — — (521.2)(521.2)Net issuance of treasury shares to stock compensation plans(103,434)— (14.1)— — 14.2 0.1 Stock-based compensation— — 27.0 — — — 27.0 Dividends declared ($1.50 per share)— — — (23.9)— — (23.9)BALANCE, DECEMBER 31, 202225,232,620 $0.3 $338