| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Dec'18 | ||
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
86 | 47 | 49 | 50 | 48 | ||
Accounts receivable, net of allowances of $4.7 and $4.2 | ||||||
316 | 335 | 298 | 284 | 311 | ||
Prepaid consigned vehicle charges | ||||||
49 | 50 | - | - | 48 | ||
Finance receivables, net of allowances of $14.3 and $14.0 | ||||||
- | - | 46 | 46 | - | ||
Other current assets | ||||||
24 | 26 | 31 | 37 | 34 | ||
Total current assets | ||||||
475 | 460 | 426 | 419 | 441 | ||
Non-current assets | ||||||
Operating lease right-of-use assets, net of accumulated amortization of $96.2 and $75.2 | ||||||
796 | 735 | 704 | 655 | - | ||
Property and equipment, net of accumulated depreciation of $504.4 and $438.3 | ||||||
241 | 246 | 244 | 241 | 345 | ||
Goodwill | ||||||
538 | 541 | 547 | 531 | 530 | ||
Intangible assets, net of accumulated amortization of $475.0 and $465.9 | ||||||
146 | 151 | - | - | 160 | ||
Customer relationships, net of accumulated amortization of $306.5 and $286.7 | ||||||
- | - | 55 | 62 | - | ||
Other intangible assets, net of accumulated amortization of $162.0 and $148.2 | ||||||
- | - | 87 | 87 | - | ||
Other assets | ||||||
16 | 15 | 13 | 13 | 10 | ||
Total non-current assets | ||||||
1,739 | 1,691 | 1,408 | 1,349 | 1,046 | ||
Assets | ||||||
2,215 | 2,151 | 2,079 | 2,010 | 1,488 | ||
Liabilities and Stockholders' Deficit | ||||||
Current liabilities | ||||||
Accounts payable | ||||||
65 | 96 | 76 | 115 | 129 | ||
Short-term right-of-use operating lease liability | ||||||
73 | 68 | 58 | 66 | - | ||
Accrued employee benefits and compensation expenses | ||||||
15 | 29 | 29 | 19 | 29 | ||
Income taxes payable | ||||||
- | - | 1 | 0 | - | ||
Accrued interest | ||||||
- | - | 18 | - | - | ||
Other accrued expenses | ||||||
64 | 49 | 51 | 54 | 44 | ||
Long-term Debt, Current Maturities | ||||||
- | - | 8 | 8 | 456 | ||
Total current liabilities | ||||||
219 | 243 | 244 | 263 | 659 | ||
Non-current liabilities | ||||||
Long-term debt | ||||||
1,251 | 1,254 | 1,267 | 1,266 | 0 | ||
Long-term right-of-use operating lease liability | ||||||
766 | 709 | 681 | 633 | - | ||
Deferred income tax liabilities | ||||||
63 | 63 | 63 | 63 | 63 | ||
Other liabilities | ||||||
18 | 16 | 9 | 12 | 16 | ||
Deferred rent | ||||||
- | - | - | - | 186 | ||
Total non-current liabilities | ||||||
2,099 | 2,044 | 2,021 | 1,975 | 266 | ||
Stockholders' deficit | ||||||
Preferred stock, $0.01 par value: Authorized, 150.0 shares; issued and outstanding, none | ||||||
0 | 0 | 0 | 0 | 0 | ||
Common stock, $0.01 par value: Authorized, 750.0 shares; issued and outstanding, 133.9 and 133.6 shares, respectively | ||||||
1 | 1 | 1 | 1 | 0 | ||
Additional paid-in capital | ||||||
0 | 3 | 2 | 0 | 0 | ||
Accumulated deficit | ||||||
-82 | -127 | -172 | -214 | 0 | ||
Accumulated other comprehensive loss | ||||||
-22 | -14 | -17 | -15 | -13 | ||
Net parent investment | ||||||
- | - | 0 | 0 | 576 | ||
Total stockholders' deficit | ||||||
-103 | -137 | -186 | -228 | 563 | ||
Total liabilities and stockholders' deficit | ||||||
2,215 | 2,151 | 2,079 | 2,010 | 1,488 | ||