SEC Info - KAR Auction Services, Inc. - ‘10-K’ for 12/31/19

KAR Auction Services, Inc. – ‘10-K’ for 12/31/19 – ‘EX-23.1’

On: Wednesday, 2/19/20, at 5:29pm ET · For: 12/31/19 · Accession #: 1395942-20-18 · File #: 1-34568

Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 2.23M 2: EX-4.3 Exhibit 4.3 - Description of the Company's HTML 36K Securities 3: EX-10.13 Exhibit 10.13 - Kar Aip Summary of Terms 2020 HTML 46K 4: EX-10.35 Exhibit 10.35 - Form of 2020 Rsu Award Agreement HTML 55K for Section 16 5: EX-10.38 Exhibit 10.38 - Form of 2020 Prsu Award Agreement HTML 57K 6: EX-21.1 Exhibit 21.1 - List of Subsidiaries HTML 60K 7: EX-23.1 Exhibit 23.1 - Consent of Independent Registered HTML 30K Public Accounting Firm 8: EX-31.1 Exhibit 31.1 - CEO Sox 302 Certification HTML 35K 9: EX-31.2 Exhibit 31.2 - CFO Sox 302 Certification HTML 35K 10: EX-32.1 Exhibit 32.1 - CEO Sox 906 Certification HTML 29K 11: EX-32.2 Exhibit 32.2 - CFO Sox 906 Certification HTML 29K 49: R1 Document and Entity Information Cover HTML 83K 108: R2 Document and Entity Information HTML 36K 76: R3 Consolidated Statements of Income HTML 116K 33: R4 Consolidated Statements of Comprehensive Income HTML 40K 48: R5 Consolidated Balance Sheets HTML 164K 105: R6 Consolidated Balance Sheets (Parenthetical) HTML 56K 75: R7 Consolidated Statements of Stockholders' Equity HTML 91K 32: R8 Consolidated Statements of Stockholders' Equity HTML 28K (Parenthetical) 51: R9 Consolidated Statements of Cash Flows HTML 152K 107: R10 Organization and Other Matters HTML 46K 77: R11 Summary of Significant Accounting Policies HTML 98K 35: R12 Acquisitions and Equity Method Investments HTML 47K 50: R13 IAA Separation and Discontinued Operations HTML 92K 106: R14 Stock and Stock-Based Compensation Plans HTML 135K 74: R15 Net Income from Continuing Operations Per Share HTML 52K 34: R16 Allowance for Credit Losses and Doubtful Accounts HTML 59K 47: R17 Finance Receivables and Obligations Collateralized HTML 67K by Finance Receivables 104: R18 Goodwill and Other Intangible Assets HTML 93K 79: R19 Property and Equipment HTML 52K 18: R20 Self Insurance and Retained Loss Reserves HTML 45K 57: R21 Long-Term Debt HTML 92K 88: R22 Financial Instruments HTML 56K 81: R23 Leases HTML 75K 17: R24 Income Taxes HTML 145K 56: R25 Employee Benefit Plans HTML 31K 87: R26 Commitments and Contingencies HTML 33K 80: R27 Accumulated Other Comprehensive Loss HTML 36K 19: R28 Segment Information HTML 202K 55: R29 Quarterly Financial Data (Unaudited) HTML 120K 52: R30 Subsequent Event HTML 30K 37: R31 Summary of Significant Accounting Policies HTML 175K (Policies) 72: R32 Summary of Significant Accounting Policies HTML 43K (Tables) 102: R33 IAA Separation and Discontinued Operations HTML 94K (Tables) 53: R34 Stock and Stock-Based Compensation Plans (Tables) HTML 122K 38: R35 Net Income from Continuing Operations Per Share HTML 49K (Tables) 73: R36 Allowance for Credit Losses and Doubtful Accounts HTML 63K (Tables) 103: R37 Finance Receivables and Obligations Collateralized HTML 63K by Finance Receivables (Tables) 54: R38 Goodwill and Other Intangible Assets (Tables) HTML 95K 36: R39 Property and Equipment (Tables) HTML 51K 58: R40 Self Insurance and Retained Loss Reserves (Tables) HTML 41K 21: R41 Long-Term Debt (Tables) HTML 77K 85: R42 Financial Instruments (Tables) HTML 49K 92: R43 Leases (Tables) HTML 85K 60: R44 Income Taxes (Tables) HTML 144K 22: R45 Accumulated Other Comprehensive Loss (Tables) HTML 35K 86: R46 Segment Information (Tables) HTML 202K 93: R47 Quarterly Financial Data (Unaudited) (Tables) HTML 120K 61: R48 Organization and Other Matters (Details) HTML 62K 20: R49 Summary of Significant Accounting Policies HTML 117K (Details) 26: R50 Acquisitions (Details) HTML 68K 42: R51 Equity Method Investments (Details) HTML 46K 100: R52 IAA Separation and Discontinued Operations HTML 140K (Details) 71: R53 Stock and Stock-Based Compensation Plan Summary HTML 52K (Details) 25: R54 KAR Auction Services, Inc. Stock-Based HTML 100K Compensation Plans (Details) 41: R55 Service and Exit Options (Details) HTML 106K 99: R56 Employee Stock Purchase Plan (Details) HTML 40K 70: R57 Share Repurchase Plan (Details) HTML 45K 27: R58 Net Income from Continuing Operations Per Share HTML 69K (Details) 39: R59 Allowance for Credit Losses and Doubtful Accounts HTML 41K (Details) 91: R60 Allowance for Credit Losses and Doubtful Accounts HTML 36K (Details 2) 83: R61 Finance Receivables and Obligations Collateralized HTML 90K by Finance Receivables (Details) 24: R62 Goodwill and Other Intangible Assets (Details) HTML 41K 63: R63 Goodwill and Other Intangible Assets (Details 2) HTML 43K 90: R64 Goodwill and Other Intangible Assets (Details 3) HTML 71K 82: R65 Property and Equipment (Details) HTML 71K 23: R66 Self Insurance and Retained Loss Reserves HTML 48K (Details) 62: R67 Long-Term Debt Summary and Future Principle HTML 110K Payments (Details) 89: R68 Credit Facilities (Details) HTML 159K 84: R69 Senior Notes (Details) HTML 44K 66: R70 Other Debt (Details) HTML 63K 95: R71 Financial Instruments (Details) HTML 60K 44: R72 Financial Instruments (Details 2) HTML 38K 29: R73 Components of Lease Expense (Details) HTML 38K 67: R74 Leases Supplemental Cash Flow Information Related HTML 42K to Leases (Details) 96: R75 Leases Supplemental Balance Sheet Information HTML 71K Related to Leases (Details) 45: R76 Leases Maturities of Lease Liabilities (Details) HTML 68K 30: R77 Leases Prior Year Leases Under ASC 840 (Details) HTML 40K 64: R78 Income Taxes (Details) HTML 205K 98: R79 Income Taxes (Details 2) HTML 34K 65: R80 Income Taxes (Details 3) HTML 53K 94: R81 Employee Benefit Plans (Details) HTML 36K 43: R82 Commitments and Contingencies (Details) HTML 31K 28: R83 Accumulated Other Comprehensive Loss) (Details) HTML 36K 68: R84 Segment Information (Details) HTML 140K 97: R85 Segment Information (Details 2) HTML 49K 46: R86 Quarterly Financial Data (Unaudited) (Details) HTML 87K 31: R87 Subsequent Event Subsequent Event (Details) HTML 35K 69: XML IDEA XML File -- Filing Summary XML 192K 40: XML XBRL Instance -- kar-20191231x10k_htm XML 3.54M 78: EXCEL IDEA Workbook of Financial Reports XLSX 131K 13: EX-101.CAL XBRL Calculations -- kar-20191231_cal XML 306K 14: EX-101.DEF XBRL Definitions -- kar-20191231_def XML 950K 15: EX-101.LAB XBRL Labels -- kar-20191231_lab XML 2.48M 16: EX-101.PRE XBRL Presentations -- kar-20191231_pre XML 1.55M 12: EX-101.SCH XBRL Schema -- kar-20191231 XSD 234K 59: JSON XBRL Instance as JSON Data -- MetaLinks 502± 755K 101: ZIP XBRL Zipped Folder -- 0001395942-20-000018-xbrl Zip 580K

EXHIBIT 23.1

Consent of Independent Registered Public Accounting Firm

The Board of Directors

KAR Auction Services, Inc.:

We consent to the incorporation by reference in registration statements (No. 333-164032, No. 333-168523 and No. 333-196668) on Form S-8 of KAR Auction Services, Inc., of our report dated February 19, 2020, with respect to the consolidated balance sheets of KAR Auction Services, Inc. as of December 31, 2019 and 2018, the related consolidated statements of income, comprehensive income, stockholders' equity, and cash flows for each of the years in the three-year period ended December 31, 2019, and the related notes, and the effectiveness of internal control over financial reporting as of December 31, 2019, which reports appear in the December 31, 2019 annual report on Form 10-K of KAR Auction Services, Inc.

Our audit report on internal control over financial reporting as of December 31, 2019, contains an explanatory paragraph that states that management has excluded from its assessment of the effectiveness of internal control over financial reporting as of December 31, 2019, the internal control over financial reporting associated with CarsOnTheWeb and Dent-ology ("2019 acquisitions") with total assets of 3.3% and total revenues of 6.9% included in the consolidated financial statements of KAR Auction Services, Inc. and subsidiaries as of and for the year ended December 31, 2019. Our audit of internal control over financial reporting of KAR Auction Services, Inc. and subsidiaries also excluded an evaluation of the internal control over financial reporting of the 2019 acquisitions.

/s/ KPMG LLP

Indianapolis, Indiana

February 19, 2020

This ‘10-K’ Filing

Date

Other Filings

Filed on:

2/19/20

For Period end:

12/31/19

8-K

12/31/18

10-K

List all Filings

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/21/24 OPENLANE, Inc. 10-K 12/31/23 112:14M 11/02/23 OPENLANE, Inc. 10-Q 9/30/23 68:7.4M 8/03/23 OPENLANE, Inc. 10-Q 6/30/23 66:7.3M 5/03/23 OPENLANE, Inc. 10-Q 3/31/23 60:6.8M 3/22/23 OPENLANE, Inc. 10-Q/A 9/30/22 62:7.2M 3/22/23 OPENLANE, Inc. 10-Q/A 6/30/22 61:7M 3/22/23 OPENLANE, Inc. 10-Q/A 3/31/22 61:6.1M 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 8/03/22 OPENLANE, Inc. 10-Q 6/30/22 58:7.4M 5/04/22 OPENLANE, Inc. 10-Q 3/31/22 59:6.4M 2/23/22 OPENLANE, Inc. 10-K 12/31/21 110:15M 11/03/21 OPENLANE, Inc. 10-Q 9/30/21 57:6.9M 8/04/21 OPENLANE, Inc. 10-Q 6/30/21 55:6.8M 5/05/21 OPENLANE, Inc. 10-Q 3/31/21 57:5.6M 2/18/21 OPENLANE, Inc. 10-K 12/31/20 105:14M 11/04/20 OPENLANE, Inc. 10-Q 9/30/20 68:9.7M 8/05/20 OPENLANE, Inc. 10-Q 6/30/20 67:8.8M

KAR Auction Services, Inc. – ‘10-K’ for 12/31/19 – ‘EX-23.1’

On: Wednesday, 2/19/20, at 5:29pm ET · For: 12/31/19 · Accession #: 1395942-20-18 · File #: 1-34568

Previous ‘10-K’: ‘10-K’ on 2/21/19 for 12/31/18 · Next: ‘10-K’ on 2/18/21 for 12/31/20 · Latest: ‘10-K’ on 2/21/24 for 12/31/23 · 18 References:

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘EX-23.1’ — Exhibit 23.1 – Consent of Independent Registered Public Accounting Firm

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

Dates Referenced Herein and Documents Incorporated by Reference

18 Subsequent Filings that Reference this Filing

KAR Auction Services, Inc. – ‘10-K’ for 12/31/19 – ‘EX-23.1’

On: Wednesday, 2/19/20, at 5:29pm ET · For: 12/31/19 · Accession #: 1395942-20-18 · File #: 1-34568

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-23.1’ — Exhibit 23.1 – Consent of Independent Registered Public Accounting Firm

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

Dates Referenced Herein and Documents Incorporated by Reference

18 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents