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KAR Auction Services, Inc. – ‘10-Q’ for 9/30/19 – ‘JSON’

On:  Wednesday, 11/6/19, at 4:17pm ET   ·   For:  9/30/19   ·   Accession #:  1395942-19-120   ·   File #:  1-34568

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/06/19  KAR Auction Services, Inc.        10-Q        9/30/19   68:9.1M

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

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.41M 
 3: EX-10.28B   Exhibit 10.28B - Kar Directors Deferred             HTML     25K 
                Compensation Plan Amendment                                      
 2: EX-10.8C    Exhibit 10.8C - Consulting Agreement With Polak     HTML     47K 
 4: EX-31.1     Exhibit 31.1 - CEO Sox 302 Certification            HTML     27K 
 5: EX-31.2     Exhibit 31.2 - CFO Sox 302 Certification            HTML     27K 
 6: EX-32.1     Exhibit 32.1 - CEO Sox 906 Certification            HTML     21K 
 7: EX-32.2     Exhibit 32.2 - CFO Sox 906 Certification            HTML     21K 
64: R1          Document and Entity Information                     HTML     77K 
25: R2          Consolidated Statements of Income                   HTML    105K 
19: R3          Consolidated Statements of Comprehensive Income     HTML     32K 
41: R4          Consolidated Balance Sheets                         HTML    157K 
65: R5          Consolidated Balance Sheets (Parenthetical)         HTML     48K 
26: R6          Consolidated Statements of Stockholders' Equity     HTML     93K 
20: R7          Consolidated Statements of Stockholders' Equity     HTML     20K 
                (Parenthetical)                                                  
43: R8          Consolidated Statements of Cash Flows               HTML    134K 
62: R9          Basis of Presenation and Nature of Operations       HTML     52K 
21: R10         Acquisitions                                        HTML     26K 
27: R11         IAA Separation and Discontinued Operations          HTML     93K 
66: R12         Stock and Stock-Based Compensation Plans            HTML     44K 
42: R13         Net Income from Continuing Operations Per Share     HTML     51K 
18: R14         Finance Receivables and Obligations Collateralized  HTML     66K 
                by Finance Receivables                                           
24: R15         Long-Term Debt                                      HTML     71K 
63: R16         Derivatives                                         HTML     47K 
40: R17         Leases                                              HTML     67K 
17: R18         Commitments and Contingencies                       HTML     24K 
28: R19         Accumulated Other Comprehensive Income (Loss)       HTML     28K 
56: R20         Segment Information                                 HTML    210K 
50: R21         Subsequent Event                                    HTML     23K 
16: R22         Basis of Presentation and Nature of Operations      HTML     47K 
                Accounting Policies (Policies)                                   
36: R23         IAA Separation and Discontinued Operations          HTML     95K 
                (Tables)                                                         
55: R24         Stock and Stock-Based Compensation Plans (Tables)   HTML     38K 
49: R25         Net Income from Continuing Operations Per Share     HTML     47K 
                (Tables)                                                         
15: R26         Finance Receivables and Obligations Collateralized  HTML     63K 
                by Finance Receivables (Tables)                                  
35: R27         Long-Term Debt (Tables)                             HTML     60K 
57: R28         Derivatives (Tables)                                HTML     45K 
48: R29         Leases (Tables)                                     HTML     71K 
37: R30         Accumulated Other Comprehensive Income (Loss)       HTML     27K 
                (Tables)                                                         
59: R31         Segment Information (Tables)                        HTML    212K 
29: R32         Basis of Presentation and Nature of Operations      HTML     60K 
                (Details)                                                        
22: R33         Acquisitions (Details)                              HTML     49K 
38: R34         IAA Separation and Discontinued Operations          HTML    135K 
                (Details)                                                        
60: R35         Stock and Stock-Based Compensation Summary          HTML     46K 
                (Details)                                                        
30: R36         Share Repurchase Plan (Details)                     HTML     39K 
23: R37         Net Income from Continuing Operations Per Share     HTML     57K 
                (Details)                                                        
39: R38         Finance Receivables and Obligations Collateralized  HTML     67K 
                by Finance Receivables (Details)                                 
58: R39         Long-Term Debt Summary (Details)                    HTML     67K 
45: R40         Credit Facilities (Details)                         HTML    146K 
52: R41         Derivatives (Details)                               HTML     49K 
32: R42         Derivatives (Details 2)                             HTML     27K 
13: R43         Leases Components of Lease Expense (Details)        HTML     31K 
46: R44         Leases Supplemental Cash Flow Information Related   HTML     34K 
                to Leases (Details)                                              
53: R45         Leases Supplemental Balance Sheet Information       HTML     63K 
                Related to Leases (Details)                                      
33: R46         Leases Maturities of Lease Liabilities (Details)    HTML     60K 
14: R47         Commitments and Contingencies (Details)             HTML     21K 
47: R48         Accumulated Other Comprehensive Income (Loss)       HTML     28K 
                (Details)                                                        
51: R49         Segment Information (Details 1)                     HTML    103K 
67: R50         Segment Information (Details 2)                     HTML     30K 
44: R51         Subsequent Event (Details)                          HTML     29K 
61: XML         IDEA XML File -- Filing Summary                      XML    117K 
34: XML         XBRL Instance -- karq3201910-q_htm                   XML   2.02M 
31: EXCEL       IDEA Workbook of Financial Reports                  XLSX     70K 
 9: EX-101.CAL  XBRL Calculations -- kar-20190930_cal                XML    235K 
10: EX-101.DEF  XBRL Definitions -- kar-20190930_def                 XML    532K 
11: EX-101.LAB  XBRL Labels -- kar-20190930_lab                      XML   1.48M 
12: EX-101.PRE  XBRL Presentations -- kar-20190930_pre               XML    875K 
 8: EX-101.SCH  XBRL Schema -- kar-20190930                          XSD    141K 
68: JSON        XBRL Instance as JSON Data -- MetaLinks              317±   469K 
54: ZIP         XBRL Zipped Folder -- 0001395942-19-000120-xbrl      Zip    316K 


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                            "documentation":  "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc).  The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
                            "label":  "Document Type",
                            "terseLabel":  "Document Type"
                            }
                        }
                    },
                "localname":  "DocumentType",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "submissionTypeItemType"
                },
            "dei_EntityAddressAddressLine1":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Address Line 1 such as Attn, Building Name, Street Name",
                            "label":  "Entity Address, Address Line One",
                            "terseLabel":  "Entity Address, Address Line One"
                            }
                        }
                    },
                "localname":  "EntityAddressAddressLine1",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
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            "dei_EntityAddressCityOrTown":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Name of the City or Town",
                            "label":  "Entity Address, City or Town",
                            "terseLabel":  "Entity Address, City or Town"
                            }
                        }
                    },
                "localname":  "EntityAddressCityOrTown",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityAddressPostalZipCode":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Code for the postal or zip code",
                            "label":  "Entity Address, Postal Zip Code",
                            "terseLabel":  "Entity Address, Postal Zip Code"
                            }
                        }
                    },
                "localname":  "EntityAddressPostalZipCode",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityAddressStateOrProvince":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Name of the state or province.",
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                            "terseLabel":  "Entity Address, State or Province"
                            }
                        }
                    },
                "localname":  "EntityAddressStateOrProvince",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "stateOrProvinceItemType"
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                    "r359"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC.  It is commonly abbreviated as CIK.",
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                            "terseLabel":  "Entity Central Index Key"
                            }
                        }
                    },
                "localname":  "EntityCentralIndexKey",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "centralIndexKeyItemType"
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                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report.  Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
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                            "terseLabel":  "Entity Common Stock, Shares Outstanding"
                            }
                        }
                    },
                "localname":  "EntityCommonStockSharesOutstanding",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
                    "http://karauctionservices.com/role/DocumentAndEntityInformation"
                    ],
                "xbrltype":  "sharesItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
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                            "terseLabel":  "Entity Current Reporting Status"
                            }
                        }
                    },
                "localname":  "EntityCurrentReportingStatus",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "yesNoItemType"
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                "auth_ref":  [
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                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "All the names of the entities being reported upon in a document.  Any legal structure used to conduct activities or to hold assets.  Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts.  This item does not include business and geographical segments which are included in the geographical or business segments domains.",
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                            "terseLabel":  "Entity [Domain]"
                            }
                        }
                    },
                "localname":  "EntityDomain",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "domainItemType"
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                    "r359"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate if registrant meets the emerging growth company criteria.",
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                            "terseLabel":  "Entity Emerging Growth Company"
                            }
                        }
                    },
                "localname":  "EntityEmergingGrowthCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "booleanItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Commission file number.  The field allows up to 17 characters.  The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
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                            "terseLabel":  "Contained File Information, File Number"
                            }
                        }
                    },
                "localname":  "EntityFileNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "fileNumberItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate whether the registrant is one of the following:  Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer.  Definitions of these categories are stated in Rule 12b-2 of the Exchange Act.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
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                            }
                        }
                    },
                "localname":  "EntityFilerCategory",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "filerCategoryItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Two-character EDGAR code representing the state or country of incorporation.",
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                            "terseLabel":  "Entity Incorporation, State or Country Code"
                            }
                        }
                    },
                "localname":  "EntityIncorporationStateCountryCode",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "edgarStateCountryItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
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                            "terseLabel":  "Entity Interactive Data Current"
                            }
                        }
                    },
                "localname":  "EntityInteractiveDataCurrent",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "yesNoItemType"
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                    "r359"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
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                            "terseLabel":  "Entity Registrant Name"
                            }
                        }
                    },
                "localname":  "EntityRegistrantName",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
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                            "terseLabel":  "Entity Shell Company"
                            }
                        }
                    },
                "localname":  "EntityShellCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "booleanItemType"
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                    "r359"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicates that the company is a Smaller Reporting Company (SRC).",
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                            "terseLabel":  "Entity Small Business"
                            }
                        }
                    },
                "localname":  "EntitySmallBusiness",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "booleanItemType"
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                    "r359"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
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                            "terseLabel":  "Entity Tax Identification Number"
                            }
                        }
                    },
                "localname":  "EntityTaxIdentificationNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "employerIdItemType"
                },
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                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "The set of legal entities associated with a report.",
                            "label":  "Legal Entity [Axis]",
                            "terseLabel":  "Legal Entity [Axis]"
                            }
                        }
                    },
                "localname":  "LegalEntityAxis",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "stringItemType"
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                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Local phone number for entity.",
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                            "terseLabel":  "Local Phone Number"
                            }
                        }
                    },
                "localname":  "LocalPhoneNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
                    "en-US":  {
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                            }
                        }
                    },
                "localname":  "Security12bTitle",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
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                    ],
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                    ],
                "lang":  {
                    "en-US":  {
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                            }
                        }
                    },
                "localname":  "SecurityExchangeName",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
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                        "role":  {
                            "documentation":  "Trading symbol of an instrument as listed on an exchange.",
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                            "terseLabel":  "Trading Symbol"
                            }
                        }
                    },
                "localname":  "TradingSymbol",
                "nsuri":  "http://xbrl.sec.gov/dei/2019-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "tradingSymbolItemType"
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                            "terseLabel":  "2017 Revolving Credit Facility"
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                        }
                    },
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                    },
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                "auth_ref":  [
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                            "documentation":  "Represents the operating segment of the entity, Automotive Finance Corporation.",
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                            "terseLabel":  "AFC"
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                        }
                    },
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        "Paragraph":  "5",
        "Publisher":  "FASB",
        "Section":  "45",
        "SubTopic":  "10",
        "Topic":  "220",
        "URI":  "http://asc.fasb.org/extlink&oid=118930883&loc=d3e557-108580"
        }
    },
"version":  "2.1"
}


18 Subsequent Filings that Reference this Filing

  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
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