10-Q Filing

LITHIA MOTORS INC CIK: 1023128 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001023128-21-000119`
Period End Date	20210930
Filing Date	20211027
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	lad-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 84 Cash Flow Statement 104 Stockholders Equity 46 Comprehensive Income 36

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.30M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.90M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$338.00M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$399.90M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.80M	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
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $14.3 and $5.9	`AccountsReceivableNetCurrent`	$812.60M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $14.3 and $5.9	`AccountsReceivableNetCurrent`	$614.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.01B	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.49B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$112.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.08B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $399.9 and $338.0	`PropertyPlantAndEquipmentNet`	$2.20B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $399.9 and $338.0	`PropertyPlantAndEquipmentNet`	$2.35B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$367.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$264.00M	USD	Point-in-time
Goodwill	`Goodwill`	$740.30M	USD	Point-in-time
Goodwill	`Goodwill`	$593.00M	USD	Point-in-time
Goodwill	`Goodwill`	$454.60M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$350.20M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$608.40M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.06B	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`	$10.20B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$234.20M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$329.40M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.56B	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$688.90M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$66.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$206.90M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$248.10M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$158.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$708.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$458.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.48B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.06B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.59B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$155.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$181.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$172.90M	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`	$338.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$165.60M	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`	$5.63B	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.30M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$41.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$50.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.84B	USD	Point-in-time
Total stockholders equity - Lithia Motors, Inc.	`StockholdersEquity`	$2.66B	USD	Point-in-time
Total stockholders equity - Lithia Motors, Inc.	`StockholdersEquity`	$4.54B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.90M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$7.90B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$10.20B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.52B	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.62B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.17B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.18B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$4.98B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.97B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$13.51B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$7.61B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.19B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.58B	USD	3 Qtrs
Gross profit	`GrossProfit`	$3.02B	USD	3 Qtrs
Gross profit	`GrossProfit`	$651.60M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$673.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$389.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.04B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.76B	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$67.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$34.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$91.50M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$462.10M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$1.16B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$239.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$479.50M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$17.00M	USD	3 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$3.60M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$6.10M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$28.30M	USD	3 Qtrs
Other interest expense, net	`InterestExpenseDebt`	$79.60M	USD	3 Qtrs
Other interest expense, net	`InterestExpenseDebt`	$50.40M	USD	3 Qtrs
Other interest expense, net	`InterestExpenseDebt`	$16.60M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$28.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-25.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.20M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-14.60M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$391.60M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$219.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$422.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.05B	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$108.90M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$113.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$60.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$282.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$770.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$282.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$309.00M	USD	1 Quarter
Net income	`ProfitLoss`	$158.80M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$800.00K	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	-	USD	3 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$800.00K	USD	3 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$300.00K	USD	1 Quarter
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$300.00K	USD	3 Qtrs
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	3 Qtrs
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$307.90M	USD	1 Quarter
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$769.00M	USD	3 Qtrs
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$158.80M	USD	1 Quarter
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$282.70M	USD	3 Qtrs
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareBasic`	$12.30	USD	3 Qtrs
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareBasic`	$6.95	USD	1 Quarter
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareBasic`	$27.12	USD	3 Qtrs
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareBasic`	$10.18	USD	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.30M	shares	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.00M	shares	3 Qtrs
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.40M	shares	3 Qtrs
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.90M	shares	1 Quarter
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$6.86	USD	1 Quarter
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$26.91	USD	3 Qtrs
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$10.11	USD	1 Quarter
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$12.18	USD	3 Qtrs
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.50M	shares	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.60M	shares	3 Qtrs
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.20M	shares	3 Qtrs
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.10M	shares	1 Quarter
Cash dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.01	USD	3 Qtrs
Cash dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.31	USD	1 Quarter
Cash dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.35	USD	1 Quarter
Cash dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.91	USD	3 Qtrs

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$770.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$282.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$309.00M	USD	1 Quarter
Net income	`ProfitLoss`	$158.80M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$91.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$67.30M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$25.60M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.20M	USD	3 Qtrs
Loss on redemption of senior notes	`LossOnRedemptionOfSeniorNotes`	-	USD	3 Qtrs
Loss on redemption of senior notes	`LossOnRedemptionOfSeniorNotes`	$10.30M	USD	3 Qtrs
Gain on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$2.50M	USD	3 Qtrs
Gain on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$500.00K	USD	3 Qtrs
Loss (gain) on disposal of franchise	`GainLossOnSaleOfBusiness`	$1.40M	USD	3 Qtrs
Loss (gain) on disposal of franchise	`GainLossOnSaleOfBusiness`	$-5.20M	USD	3 Qtrs
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	-	USD	3 Qtrs
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	$-22.30M	USD	3 Qtrs
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	$-23.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$6.80M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$25.60M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$20.80M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$27.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$85.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$11.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.00B	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-457.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$351.10M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$36.40M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-91.30M	USD	3 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$128.00M	USD	3 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$25.00M	USD	3 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$97.20M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$66.80M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$236.90M	USD	3 Qtrs
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.70M	USD	3 Qtrs
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$26.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$800.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.99B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$194.10M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$125.60M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.10M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.60M	USD	3 Qtrs
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$9.80M	USD	3 Qtrs
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$9.90M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$609.50M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.41B	USD	3 Qtrs
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$11.60M	USD	3 Qtrs
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$45.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.56B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-728.30M	USD	3 Qtrs
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$317.80M	USD	3 Qtrs
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$840.90M	USD	3 Qtrs
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$1.74B	USD	3 Qtrs
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$1.64B	USD	3 Qtrs
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$1.49B	USD	3 Qtrs
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$1.63B	USD	3 Qtrs
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$24.70M	USD	3 Qtrs
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$20.70M	USD	3 Qtrs
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesOther`	$6.30M	USD	3 Qtrs
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesOther`	$483.60M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$817.50M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$56.50M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.90M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.10M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.20M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.13B	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.90M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.60M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$20.90M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$28.20M	USD	3 Qtrs
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.40M	USD	3 Qtrs
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-99.20M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$550.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$900.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.90M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.30M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.10M	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`	$137.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.10M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$89.50M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$82.70M	USD	3 Qtrs
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$74.10M	USD	3 Qtrs
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$237.30M	USD	3 Qtrs
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	$8.70M	USD	3 Qtrs
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	$22.00M	USD	3 Qtrs
Debt issued in connection with acquisitions	`NotesIssued1`	$355.40M	USD	3 Qtrs
Debt issued in connection with acquisitions	`NotesIssued1`	-	USD	3 Qtrs
Contingent consideration in connection with acquisitions	`ContingentConsiderationInConnectionWithAcquisitionsNoncashActivity`	$9.70M	USD	3 Qtrs
Contingent consideration in connection with acquisitions	`ContingentConsiderationInConnectionWithAcquisitionsNoncashActivity`	$900.00K	USD	3 Qtrs
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$4.00M	USD	3 Qtrs
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$131.20M	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$44.10M	USD	3 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$100.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$200.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$900.00K	USD	3 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-2.20M	USD	3 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.54B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.53B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$400.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	USD	3 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.50M	USD	3 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$500.00K	USD	1 Quarter
Net income	`ProfitLoss`	$770.10M	USD	3 Qtrs
Net income	`ProfitLoss`	$282.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$309.00M	USD	1 Quarter
Net income	`ProfitLoss`	$158.80M	USD	1 Quarter
Acquired non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.00M	USD	3 Qtrs
Acquired non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.00M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.54B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.53B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.23B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.30M	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Acquired redeemable non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.00M	USD	3 Qtrs
Acquired redeemable non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.00M	USD	1 Quarter
Net income attributable to redeemable non-controlling interest	`TemporaryEquityNetIncome`	$300.00K	USD	1 Quarter
Net income attributable to redeemable non-controlling interest	`TemporaryEquityNetIncome`	$300.00K	USD	3 Qtrs
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$33.30M	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$100.00K	USD	1 Quarter
Net income	`ProfitLoss`	$770.10M	USD	3 Qtrs
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$200.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$900.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$282.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$309.00M	USD	1 Quarter
Net income	`ProfitLoss`	$158.80M	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-2.20M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$400.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	USD	3 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.50M	USD	3 Qtrs
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.2), ($0.1), ($0.9), and $2.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$500.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.10M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$700.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.70M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$772.80M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$159.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$309.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$276.60M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$800.00K	USD	3 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$800.00K	USD	1 Quarter
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	$300.00K	USD	3 Qtrs
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	$300.00K	USD	1 Quarter
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$276.60M	USD	3 Qtrs
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$159.20M	USD	1 Quarter
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$308.60M	USD	1 Quarter
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$771.70M	USD	3 Qtrs

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