SEC Info - KAR Auction Services, Inc. - ‘10-K’ for 12/31/11

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KAR Auction Services, Inc. – ‘10-K’ for 12/31/11 – ‘EX-31.2’

On: Tuesday, 2/28/12, at 5:24pm ET · For: 12/31/11 · Accession #: 1047469-12-1790 · File #: 1-34568

Previous ‘10-K’: ‘10-K’ on 2/24/11 for 12/31/10 · Next: ‘10-K/A’ on 4/20/12 for 12/31/09 · Latest: ‘10-K’ on 2/21/24 for 12/31/23 · 18 References:

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

 2/28/12  KAR Auction Services, Inc.        10-K       12/31/11   54:7.9M                                   Toppan Merrill-FA

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

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.55M 
 2: EX-10.14    Material Contract                                   HTML     77K 
 3: EX-10.15    Material Contract                                   HTML     74K 
 4: EX-10.16(B)  Material Contract                                  HTML     61K 
 5: EX-10.16(C)  Material Contract                                  HTML     70K 
 6: EX-10.16(D)  Material Contract                                  HTML     51K 
 7: EX-10.19(E)  Material Contract                                  HTML     39K 
 8: EX-10.19(F)  Material Contract                                  HTML     39K 
 9: EX-10.20(B)  Material Contract                                  HTML     52K 
10: EX-10.20(C)  Material Contract                                  HTML     59K 
12: EX-21.1     Subsidiaries List                                   HTML     35K 
13: EX-23.1     Consent of Experts or Counsel                       HTML     18K 
11: EX-12.1     Statement re: Computation of Ratios                 HTML     25K 
14: EX-31.1     Certification -- §302 - SOA'02                      HTML     22K 
15: EX-31.2     Certification -- §302 - SOA'02                      HTML     22K 
16: EX-32.1     Certification -- §906 - SOA'02                      HTML     19K 
17: EX-32.2     Certification -- §906 - SOA'02                      HTML     19K 
37: R1          Document and Entity Information                     HTML     45K 
30: R2          Consolidated Statements of Income                   HTML     70K 
35: R3          Consolidated Balance Sheets                         HTML    161K 
39: R4          Consolidated Balance Sheets (Parenthetical)         HTML     50K 
50: R5          Consolidated Statements of Stockholders' Equity     HTML     94K 
31: R6          Consolidated Statements of Cash Flows               HTML    162K 
34: R7          Organization and Other Matters                      HTML     36K 
29: R8          Summary of Significant Accounting Policies          HTML     60K 
26: R9          Acquisitions                                        HTML     32K 
51: R10         Stock-Based Compensation Plans                      HTML     96K 
41: R11         Net Income Per Share                                HTML     32K 
40: R12         Allowance for Credit Losses and Doubtful Accounts   HTML     37K 
45: R13         Finance Receivables and Obligations Collateralized  HTML     49K 
                by Finance Receivables                                           
46: R14         Goodwill and Other Intangible Assets                HTML     60K 
44: R15         Property and Equipment                              HTML     39K 
47: R16         Self Insurance and Retained Loss Reserves           HTML     25K 
36: R17         Long-Term Debt                                      HTML     55K 
38: R18         Financial Instruments                               HTML     43K 
43: R19         Leasing Agreements                                  HTML     32K 
54: R20         Income Taxes                                        HTML     89K 
48: R21         Employee Benefit Plans                              HTML     29K 
32: R22         Commitments and Contingencies                       HTML     27K 
42: R23         Comprehensive Income                                HTML     33K 
33: R24         Fair Value Measurements                             HTML     38K 
25: R25         Related Party Transactions                          HTML     26K 
49: R26         Segment Information                                 HTML    124K 
52: R27         Quarterly Financial Data (Unaudited)                HTML     79K 
28: R28         Supplemental Guarantor Information                  HTML    311K 
53: XML         IDEA XML File -- Filing Summary                      XML     58K 
27: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   1.08M 
18: EX-101.INS  XBRL Instance -- kar-20111231                        XML   1.38M 
20: EX-101.CAL  XBRL Calculations -- kar-20111231_cal                XML    163K 
21: EX-101.DEF  XBRL Definitions -- kar-20111231_def                 XML    222K 
22: EX-101.LAB  XBRL Labels -- kar-20111231_lab                      XML    712K 
23: EX-101.PRE  XBRL Presentations -- kar-20111231_pre               XML    346K 
19: EX-101.SCH  XBRL Schema -- kar-20111231                          XSD     63K 
24: ZIP         XBRL Zipped Folder -- 0001047469-12-001790-xbrl      Zip    124K

‘EX-31.2’ — Certification — §302 – SOA’02
Exhibit Table of Contents

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		Alternative Formats (Word, et al.) Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 Exhibit 31.2 QuickLinks
1	1st Page – Filing Submission
"	Exhibit 31.2
"	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
"	QuickLinks

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EXHIBIT 31.2

Certification of Chief Financial Officer
Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Eric M. Loughmiller, certify that:

1)

I have reviewed this Annual Report on Form 10-K of KAR Auction Services, Inc.;

2)

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3)

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4)

The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a): designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b): designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c): evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d): disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5)

The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a): all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b): any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.


/s/ *ERIC M. LOUGHMILLER* Eric M. Loughmiller Executive Vice President and Chief Financial Officer
Date: February 28, 2012

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EXHIBIT 31.2

Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	2/28/12	8-K
For Period end:	12/31/11	5, 5/A
		List all Filings

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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Filing Submission 0001047469-12-001790 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)