SEC Info - OPENLANE, Inc. - ‘10-K’ for 12/31/23

OPENLANE, Inc. – ‘10-K’ for 12/31/23 – ‘EX-21.1’

On: Wednesday, 2/21/24, at 5:15pm ET · For: 12/31/23 · Accession #: 1395942-24-10 · File #: 1-34568

Document/Exhibit Description Pages Size 1: 10-K Form 10-K for the Year Ended December 31, 2023 HTML 2.67M 4: EX-10.10 Exhibit 10.10 - Aip Summary of Terms 2024 HTML 41K 5: EX-10.28 Exhibit 10.28 - Form of 2024 Prsu Agreement HTML 56K 2: EX-10.6 Exhibit 10.6 - Employment Agreement HTML 93K 3: EX-10.8 Exhibit 10.8 - Employment Agreement HTML 78K 6: EX-21.1 Exhibit 21.1 - List of Subsidiaries HTML 38K 7: EX-23.1 Exhibit 23.1 - Consent of Independent Registered HTML 27K Public Accounting Firm 12: EX-97.1 Exhibit 97.1 - Clawback Policy HTML 47K 8: EX-31.1 Exhibit 31.1 - CEO Sox 302 Certification HTML 32K 9: EX-31.2 Exhibit 31.2 - CFO Sox 302 Certification HTML 32K 10: EX-32.1 Exhibit 32.1 - CEO Sox 906 Certification HTML 28K 11: EX-32.2 Exhibit 32.2 - CFO Sox 906 Certification HTML 28K 18: R1 Document and Entity Information Cover HTML 95K 19: R2 Audit Information HTML 33K 20: R3 Consolidated Statements of Income HTML 130K 21: R4 Consolidated Statements of Comprehensive Income HTML 54K (Loss) 22: R5 Consolidated Balance Sheets HTML 157K 23: R6 Consolidated Statements of Stockholders' Equity HTML 97K 24: R7 Consolidated Statements of Cash Flows HTML 166K 25: R8 Consolidated Balance Sheets (Parenthetical) HTML 50K 26: R9 Organization and Other Matters HTML 42K 27: R10 Summary of Significant Accounting Policies HTML 82K 28: R11 Acquisitions HTML 40K 29: R12 Sale of ADESA U.S. Physical Auction Business and HTML 73K Discontinued Operations 30: R13 Stock and Stock-Based Compensation Plans HTML 103K 31: R14 Net Income (Loss) from Continuing Operations Per HTML 52K Share 32: R15 Allowance for Credit Losses and Doubtful Accounts HTML 55K 33: R16 Finance Receivables and Obligations Collateralized HTML 65K by Finance Receivables 34: R17 Goodwill and Other Intangible Assets HTML 83K 35: R18 Property and Equipment HTML 48K 36: R19 Self Insurance and Retained Loss Reserves HTML 42K 37: R20 Long-Term Debt HTML 66K 38: R21 Financial Instruments HTML 36K 39: R22 Other (Income) Expense, Net HTML 47K 40: R23 Convertible Preferred Stock HTML 38K 41: R24 Leases HTML 146K 42: R25 Income Taxes HTML 128K 43: R26 Employee Benefit Plans HTML 33K 44: R27 Commitments and Contingencies HTML 34K 45: R28 Accumulated Other Comprehensive Loss HTML 36K 46: R29 Segment Information HTML 136K 47: R30 Quarterly Financial Data (Unaudited) HTML 100K 48: R31 Subsequent Events HTML 33K 49: R32 Pay vs Performance Disclosure HTML 40K 50: R33 Insider Trading Arrangements HTML 36K 51: R34 Summary of Significant Accounting Policies HTML 145K (Policies) 52: R35 Summary of Significant Accounting Policies HTML 41K (Tables) 53: R36 Sale of ADESA U.S. Physical Auction Business and HTML 72K Discontinued Operations (Tables) 54: R37 Stock and Stock-Based Compensation Plans (Tables) HTML 106K 55: R38 Net Income (Loss) from Continuing Operations Per HTML 50K Share (Tables) 56: R39 Allowance for Credit Losses and Doubtful Accounts HTML 59K (Tables) 57: R40 Finance Receivables and Obligations Collateralized HTML 57K by Finance Receivables (Tables) 58: R41 Goodwill and Other Intangible Assets (Tables) HTML 82K 59: R42 Property and Equipment (Tables) HTML 47K 60: R43 Self Insurance and Retained Loss Reserves (Tables) HTML 40K 61: R44 Long-Term Debt (Tables) HTML 59K 62: R45 Other (Income) Expense, Net (Tables) HTML 43K 63: R46 Leases (Tables) HTML 92K 64: R47 Income Taxes (Tables) HTML 128K 65: R48 Accumulated Other Comprehensive Loss (Tables) HTML 35K 66: R49 Segment Information (Tables) HTML 134K 67: R50 Quarterly Financial Data (Unaudited) (Tables) HTML 100K 68: R51 Organization and Other Matters (Details) HTML 64K 69: R52 Summary of Significant Accounting Policies HTML 77K (Details) 70: R53 Acquisitions (Details) HTML 77K 71: R54 Sale of ADESA U.S. Physical Auction Business and HTML 151K Discontinued Operations (Details) 72: R55 Stock and Stock-Based Compensation Plan Summary HTML 49K (Details) 73: R56 KAR Auction Services, Inc. Stock-Based HTML 107K Compensation Plans (Details) 74: R57 Service and Market Options (Details) HTML 142K 75: R58 Employee Stock Purchase Plan (Details) HTML 49K 76: R59 Share Repurchase Plan (Details) HTML 42K 77: R60 Net Income (Loss) from Continuing Operations Per HTML 74K Share (Details) 78: R61 Allowance for Credit Losses and Doubtful Accounts HTML 41K (Details) 79: R62 Allowance for Credit Losses and Doubtful Accounts HTML 35K (Details 2) 80: R63 Finance Receivables and Obligations Collateralized HTML 86K by Finance Receivables (Details) 81: R64 Goodwill and Other Intangible Assets (Details) HTML 74K 82: R65 Goodwill and Other Intangible Assets (Details 2) HTML 43K 83: R66 Goodwill and Other Intangible Assets (Details 3) HTML 78K 84: R67 Property and Equipment (Details) HTML 69K 85: R68 Self Insurance and Retained Loss Reserves HTML 49K (Details) 86: R69 Long-Term Debt Summary and Future Principal HTML 98K Payments (Details) 87: R70 Credit Facilities (Details) HTML 136K 88: R71 Senior Notes (Details) HTML 52K 89: R72 Other Debt (Details) HTML 53K 90: R73 Financial Instruments (Details) HTML 50K 91: R74 Financial Instruments (Details 2) HTML 29K 92: R75 Other (Income) Expense, Net (Details) HTML 58K 93: R76 Convertible Preferred Stock (Details) HTML 90K 94: R77 Components of Lease Expense (Details) HTML 38K 95: R78 Leases Supplemental Cash Flow Information Related HTML 41K to Leases (Details) 96: R79 Leases Supplemental Balance Sheet Information HTML 77K Related to Leases (Details) 97: R80 Leases Maturities of Lease Liabilities (Details) HTML 68K 98: R81 Income Taxes (Details) HTML 175K 99: R82 Income Taxes (Details 2) HTML 34K 100: R83 Income Taxes (Details 3) HTML 47K 101: R84 Employee Benefit Plans (Details) HTML 35K 102: R85 Commitments and Contingencies (Details) HTML 30K 103: R86 Accumulated Other Comprehensive Loss (Details) HTML 35K 104: R87 Segment Information (Details) HTML 136K 105: R88 Segment Information (Details 2) HTML 52K 106: R89 Quarterly Financial Data (Unaudited) (Details) HTML 93K 107: R90 Subsequent Events (Details) HTML 53K 109: XML IDEA XML File -- Filing Summary XML 195K 112: XML XBRL Instance -- kar-20231231_htm XML 2.98M 108: EXCEL IDEA Workbook of Financial Report Info XLSX 238K 14: EX-101.CAL XBRL Calculations -- kar-20231231_cal XML 296K 15: EX-101.DEF XBRL Definitions -- kar-20231231_def XML 966K 16: EX-101.LAB XBRL Labels -- kar-20231231_lab XML 2.85M 17: EX-101.PRE XBRL Presentations -- kar-20231231_pre XML 1.75M 13: EX-101.SCH XBRL Schema -- kar-20231231 XSD 260K 110: JSON XBRL Instance as JSON Data -- MetaLinks 731± 1.10M 111: ZIP XBRL Zipped Folder -- 0001395942-24-000010-xbrl Zip 825K


Name						State or Jurisdiction of Incorporation or Organization
ADESA, Inc.						Delaware
ADESA Corporation, LLC						Indiana
ADESA Dealer Services, LLC						Indiana
ADESA Mexico, LLC						Indiana
AFC CAL, LLC						California
Automotive Finance Consumer Division, LLC						Indiana
Automotive Finance Corporation						Indiana
Autoniq, LLC						Virginia
AutoVIN, Inc.						Indiana
MobileTrac LLC						Delaware
PAR, Inc.						Indiana
High Tech National, LLC						Indiana
HT Locksmiths, Inc.						Indiana
AFC Funding Corporation						Indiana
AuctionTrac, LLC						Indiana
OPENLANE US, Inc.						Delaware
CarsArrive Network, Inc.						Georgia
Recovery Database Network, Inc.						Delaware
OPENLANE Canada Co.						Nova Scotia
OPENLANE Canada Inc.						Ontario
NEPO Auto Centre, Inc.						Ontario
Auction Vehicles of Mexico, S. de R.L. de C.V.						Federal District of Mexico
2540-0714 Quebec Inc.						Quebec
504811 NB Ltd.						New Brunswick
51937 Newfoundland & Labrador Limited						Newfoundland
79378 Manitoba Inc.						Manitoba
ADESA Auctions Canada Corporation						Nova Scotia
ADESA Montreal Corporation						Nova Scotia
ADESA Quebec Corporation						Federal
ADESA Remarketing Services Inc.						Ontario
AutoVIN Canada Inc.						Nova Scotia
Automotive Finance Canada Inc.						Ontario
Automotive Key Controls, LLC						Indiana
KAR Auction Services International Limited						United Kingdom
OPENLANE Remarketing Limited						United Kingdom
CarCo Technologies, LLC						Delaware
Nth Gen Software, Inc.						Ontario
Nth Gen Software (Florida) LLC						Florida
TradeRev USA LLC						Florida
TradeRev Motors Inc.						Ontario
TradeRev Technologies Inc.						Ontario
STRATIM Systems Incorporated						Delaware


Name						State or Jurisdiction of Incorporation or Organization
Clearplan, LLC						Delaware
OPENLANE Belgium NV						Belgium
OPENLANE Deutschland GmbH						Germany
OPENLANE Europe Holding NV						Belgium
OPENLANE Europe NV						Belgium
OPENLANE France SAS						France
OPENLANE Italia S.R.L.						Italy
OPENLANE Nederland B.V.						The Netherlands
OPENLANE Subastas España, S.L.						Spain
Car Quality Services GmbH						Germany
BacklotCars, Inc.						Delaware
BacklotCars UY, S.R.L.						Uruguay
BLC UY Quota Holdings, LLC						Delaware
BacklotCars Uruguay S.A.S.						Uruguay
Auction Frontier, LLC						California
CARWAVE, LLC						Delaware
Saperium, Inc.						Philippines
LaneLink, LLC						Arizona

This ‘10-K’ Filing

Date

Other Filings

Filed on:

2/21/24

None on these Dates

For Period end:

12/31/23

List all Filings

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 5/02/24 OPENLANE, Inc. 10-Q 3/31/24 61:5.5M

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 1/22/24 OPENLANE, Inc. 8-K:1,2,9 1/19/24 11:2.3M Toppan Merrill/FA 6/26/23 OPENLANE, Inc. 8-K:1,2,9 6/23/23 11:1.8M 5/12/23 OPENLANE, Inc. 8-K:5,9 5/10/23 11:259K 5/03/23 OPENLANE, Inc. 10-Q 3/31/23 60:6.8M 4/17/23 OPENLANE, Inc. 8-K:5,7,9 4/17/23 12:448K 3/09/23 OPENLANE, Inc. 10-K 12/31/22 111:15M 11/02/22 OPENLANE, Inc. 10-Q 9/30/22 62:9.3M 5/04/22 OPENLANE, Inc. 10-Q 3/31/22 59:6.4M 2/24/22 OPENLANE, Inc. 8-K:1,7,9 2/24/22 13:2.3M Toppan Merrill/FA 2/23/22 OPENLANE, Inc. 10-K 12/31/21 110:15M 8/23/21 OPENLANE, Inc. 8-K:1,8,9 8/20/21 12:1M Toppan Merrill/FA 4/23/21 OPENLANE, Inc. DEF 14A 6/04/21 2:7.6M Toppan Merrill-FA 3/02/21 OPENLANE, Inc. 8-K:5,7,9 3/01/21 16:662K 2/18/21 OPENLANE, Inc. 10-K 12/31/20 105:14M 9/08/20 OPENLANE, Inc. 8-K:1,8,9 9/02/20 13:1.2M Toppan Merrill/FA 8/05/20 OPENLANE, Inc. 10-Q 6/30/20 67:8.8M 6/29/20 OPENLANE, Inc. 8-K:1,3,9 6/29/20 13:498K 6/10/20 OPENLANE, Inc. 8-K:1,3,5,9 6/09/20 14:1M 5/27/20 OPENLANE, Inc. 8-K:1,3,8,9 5/26/20 13:2M Broadridge Fin’l So… Inc 5/07/20 OPENLANE, Inc. 10-Q 3/31/20 62:6.7M 2/19/20 OPENLANE, Inc. 10-K 12/31/19 108:15M 11/06/19 OPENLANE, Inc. 10-Q 9/30/19 68:9.1M 8/07/19 OPENLANE, Inc. 10-Q 6/30/19 65:8.7M 6/28/19 OPENLANE, Inc. 8-K:1,2,5,8 6/28/19 6:1.3M Broadridge Fin’l So… Inc 2/21/19 OPENLANE, Inc. 10-K 12/31/18 104:14M 5/31/17 OPENLANE, Inc. 8-K:1,2,9 5/31/17 3:2.9M Toppan Merrill/FA 2/24/17 OPENLANE, Inc. 10-K 12/31/16 102:19M 8/03/16 OPENLANE, Inc. 10-Q 6/30/16 55:7.1M 2/18/16 OPENLANE, Inc. 10-K 12/31/15 106:14M 11/04/14 OPENLANE, Inc. 8-K:5,9 11/04/14 2:279K 4/29/14 OPENLANE, Inc. DEF 14A 6/10/14 1:1.3M Toppan Merrill-FA 12/17/13 KAR Auction Services, Inc. 8-K:5,9 12/11/13 6:418K Toppan Merrill/FA 2/28/12 KAR Auction Services, Inc. 10-K 12/31/11 54:7.9M Toppan Merrill-FA 8/04/10 KAR Auction Services, Inc. 10-Q 6/30/10 9:1.4M Donnelley … Solutions/FA 12/10/09 KAR Auction Services, Inc. S-1/A 6:6.4M Donnelley … Solutions/FA 12/04/09 KAR Auction Services, Inc. S-1/A 14:883K Donnelley … Solutions/FA 1/25/08 IAA Acquisition Corp. S-4 167:19M Donnelley … Solutions/FA

OPENLANE, Inc. – ‘10-K’ for 12/31/23 – ‘EX-21.1’

On: Wednesday, 2/21/24, at 5:15pm ET · For: 12/31/23 · Accession #: 1395942-24-10 · File #: 1-34568

Previous ‘10-K’: ‘10-K’ on 3/9/23 for 12/31/22 · Latest ‘10-K’: This Filing · 38 References:

Annual Report — Form 10-K — SEA’34

Filing Table of Contents

‘EX-21.1’ — Exhibit 21.1 – List of Subsidiaries

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein

1 Subsequent Filing that References this Filing

37 Previous Filings that this Filing References

OPENLANE, Inc. – ‘10-K’ for 12/31/23 – ‘EX-21.1’

On: Wednesday, 2/21/24, at 5:15pm ET · For: 12/31/23 · Accession #: 1395942-24-10 · File #: 1-34568

Annual Report — Form 10-K — SEA’34Filing Table of Contents

‘EX-21.1’ — Exhibit 21.1 – List of Subsidiaries

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein

1 Subsequent Filing that References this Filing

37 Previous Filings that this Filing References

Annual Report — Form 10-K — SEA’34

Filing Table of Contents