10-Q Filing

LITHIA MOTORS INC CIK: 1023128 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001023128-21-000097`
Period End Date	20210630
Filing Date	20210728
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	lad-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 72 Cash Flow Statement 100 Stockholders Equity 24 Comprehensive Income 16

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.90M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.10M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$375.70M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$338.00M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$780.90M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $11.1 and $5.9	`AccountsReceivableNetCurrent`	$614.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $11.1 and $5.9	`AccountsReceivableNetCurrent`	$799.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.49B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$2.24B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	30.20M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$51.40M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	26.30M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.87B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	30.20M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	26.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $375.7 and $338.0	`PropertyPlantAndEquipmentNet`	$2.20B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $375.7 and $338.0	`PropertyPlantAndEquipmentNet`	$2.30B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$264.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$255.10M	USD	Point-in-time
Goodwill	`Goodwill`	$454.60M	USD	Point-in-time
Goodwill	`Goodwill`	$593.00M	USD	Point-in-time
Goodwill	`Goodwill`	$617.30M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$350.20M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.70M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$369.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.68B	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.16B	USD	Point-in-time
Total assets	`Assets`	$7.90B	USD	Point-in-time
Total assets	`Assets`	$10.09B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$285.10M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$234.20M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$966.90M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.56B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$66.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$486.10M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$158.20M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$256.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$458.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$601.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.60B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.06B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.52B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$155.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$172.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$178.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$146.30M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$246.70M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$237.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$158.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$147.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.86B	USD	Point-in-time
Preferred stock - no par value; authorized 15.0 shares; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - no par value; authorized 15.0 shares; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$1.91B	USD	Point-in-time
Common stock	`CommonStockValue`	$788.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$44.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$41.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.28B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.84B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.81B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.23B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.66B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.09B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.90B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.76B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.35B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.01B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.56B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$8.53B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.90B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.29B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.64B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.11B	USD	1 Quarter
Gross profit	`GrossProfit`	$464.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$925.30M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.83B	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$634.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$650.50M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$304.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.08B	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$30.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$57.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$44.30M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$129.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$446.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$222.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$684.70M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$6.40M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$13.30M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$22.10M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$8.10M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$16.80M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$51.60M	USD	2 Qtrs
Other interest expense, net	`InterestExpenseDebt`	$28.10M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$33.80M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$5.80M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$11.10M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$7.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$419.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$172.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$630.90M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$108.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$114.50M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$169.80M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$48.60M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$30.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$304.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$461.10M	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$10.83	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$5.37	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$16.83	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$3.40	USD	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.10M	shares	2 Qtrs
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.40M	shares	2 Qtrs
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.80M	shares	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.10M	shares	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$5.32	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$10.75	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$16.69	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$3.38	USD	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.40M	shares	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.60M	shares	2 Qtrs
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.30M	shares	2 Qtrs
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.00M	shares	1 Quarter
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	2 Qtrs
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.66	USD	2 Qtrs
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.35	USD	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$123.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$304.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$461.10M	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.10M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.10M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.20M	USD	2 Qtrs
Loss (gain) on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	2 Qtrs
Loss (gain) on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$300.00K	USD	2 Qtrs
Loss (gain) on disposal of franchise	`GainLossOnSaleOfBusiness`	$-5.20M	USD	2 Qtrs
Loss (gain) on disposal of franchise	`GainLossOnSaleOfBusiness`	$1.40M	USD	2 Qtrs
Unrealized investment gain	`UnrealizedGainLossOnInvestments`	$900.00K	USD	2 Qtrs
Unrealized investment gain	`UnrealizedGainLossOnInvestments`	$1.20M	USD	1 Quarter
Unrealized investment gain	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized investment gain	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$31.80M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$16.50M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$13.50M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-53.80M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$185.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-624.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-663.10M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.80M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$103.00M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$130.70M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-47.00M	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$97.40M	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$300.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$144.30M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$55.40M	USD	2 Qtrs
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$8.20M	USD	2 Qtrs
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$11.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$790.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.26B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.30M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.00M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.60M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$9.90M	USD	2 Qtrs
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$9.70M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.74B	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$92.30M	USD	2 Qtrs
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$11.60M	USD	2 Qtrs
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$43.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.82B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-167.10M	USD	2 Qtrs
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$456.80M	USD	2 Qtrs
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$571.60M	USD	2 Qtrs
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$1.45B	USD	2 Qtrs
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$925.40M	USD	2 Qtrs
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$1.52B	USD	2 Qtrs
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$1.03B	USD	2 Qtrs
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$13.30M	USD	2 Qtrs
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$12.60M	USD	2 Qtrs
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesOther`	$65.00M	USD	2 Qtrs
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesOther`	$4.90M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$56.50M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$817.50M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.60M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$900.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.10M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.12B	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.50M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.90M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$17.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$13.80M	USD	2 Qtrs
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.40M	USD	2 Qtrs
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-586.60M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.18B	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.30M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$620.70M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.90M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$61.30M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$57.20M	USD	2 Qtrs
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$129.30M	USD	2 Qtrs
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$4.40M	USD	2 Qtrs
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	$22.00M	USD	2 Qtrs
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	$8.70M	USD	2 Qtrs
Debt issued in connection with acquisitions	`NotesIssued1`	-	USD	2 Qtrs
Debt issued in connection with acquisitions	`NotesIssued1`	$225.60M	USD	2 Qtrs
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	2 Qtrs
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$4.00M	USD	2 Qtrs
Acquisition of finance leases in connection with acquisitions	`CapitalLeaseObligationsIncurred`	-	USD	2 Qtrs
Acquisition of finance leases in connection with acquisitions	`CapitalLeaseObligationsIncurred`	$15.40M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.10M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.20M	USD	2 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$700.00K	USD	2 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-500.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-2.30M	USD	2 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$100.00K	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.23B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.66B	USD	Point-in-time
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.40M	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.00M	USD	2 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-6.50M	USD	2 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$200.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$304.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$461.10M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.23B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.66B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$123.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$304.90M	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$700.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$77.70M	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-500.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$461.10M	USD	2 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-2.30M	USD	2 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$100.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.40M	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.00M	USD	2 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-6.50M	USD	2 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.1), $0.5, ($0.7), and $2.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$200.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$305.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$463.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.40M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.