10-K Filing

LITHIA MOTORS INC CIK: 1023128 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001023128-22-000042`
Period End Date	20211231
Filing Date	20220218
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	lad-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 64 Cash Flow Statement 169 Stockholders Equity 27 Comprehensive Income 27

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.30M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.90M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.30M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$422.60M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$338.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$84.00M	USD	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$174.80M	USD	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$162.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $17.3 and $5.9	`AccountsReceivableNetCurrent`	$910.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $17.3 and $5.9	`AccountsReceivableNetCurrent`	$505.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $17.3 and $5.9	`AccountsReceivableNetCurrent`	$614.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.49B	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.39B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$63.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.53B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $422.6 and $338.0	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.20B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $422.6 and $338.0	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$3.05B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$264.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$395.90M	USD	Point-in-time
Goodwill	`Goodwill`	$977.30M	USD	Point-in-time
Goodwill	`Goodwill`	$454.60M	USD	Point-in-time
Goodwill	`Goodwill`	$593.00M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$799.10M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$350.20M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$388.50M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.39B	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`	$11.15B	USD	Point-in-time
Total assets	`Assets`	$6.08B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$354.20M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$234.20M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$835.90M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.56B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$223.70M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$66.00M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$158.20M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$235.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$458.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$753.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.40B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.48B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.19B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$2.06B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$155.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$191.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$146.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$131.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$191.00M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$246.70M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$361.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$151.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$147.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.62B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.48B	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$34.00M	USD	Point-in-time
Redeemable non-controlling interest	`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`	$58.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$41.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.86B	USD	Point-in-time
Total stockholders equity - Lithia Motors, Inc.	`StockholdersEquity`	$2.66B	USD	Point-in-time
Total stockholders equity - Lithia Motors, Inc.	`StockholdersEquity`	$4.63B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.80M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$6.08B	USD	Point-in-time
Total liabilities, redeemable non-controlling interest and equity	`LiabilitiesAndStockholdersEquity`	$7.90B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.83B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.12B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.67B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$10.72B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$18.57B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$10.90B	USD	Annual
Gross profit	`GrossProfit`	$4.26B	USD	Annual
Gross profit	`GrossProfit`	$1.95B	USD	Annual
Gross profit	`GrossProfit`	$2.23B	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$2.60M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$500.00K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.46B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.37B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.43B	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$127.30M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$82.40M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$92.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.67B	USD	Annual
Operating income	`OperatingIncomeLoss`	$697.10M	USD	Annual
Operating income	`OperatingIncomeLoss`	$495.00M	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$72.80M	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$34.40M	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$22.30M	USD	Annual
Other interest expense	`InterestExpenseDebt`	$108.20M	USD	Annual
Other interest expense	`InterestExpenseDebt`	$73.10M	USD	Annual
Other interest expense	`InterestExpenseDebt`	$60.60M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$58.90M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-52.60M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$13.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.48B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$648.50M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$375.40M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$103.90M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$422.10M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$178.20M	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$271.50M	USD	Annual
Net income	`ProfitLoss`	$470.30M	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	-	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$1.70M	USD	Annual
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	-	USD	Annual
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	Annual
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	Annual
Net income attributable to redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$900.00K	USD	Annual
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$271.50M	USD	Annual
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$470.30M	USD	Annual
Net income attributable to Lithia Motors, Inc.	`NetIncomeLoss`	$1.06B	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$19.74	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$36.81	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$11.70	USD	Annual
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.80M	shares	Annual
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.20M	shares	Annual
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.80M	shares	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$19.53	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$11.60	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$36.54	USD	Annual
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.00M	shares	Annual
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.10M	shares	Annual
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.40M	shares	Annual
Cash dividend paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.19	USD	Annual
Cash dividend paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.22	USD	Annual
Cash dividend paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.36	USD	Annual

Cash Flow Statement 169 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$271.50M	USD	Annual
Net income	`ProfitLoss`	$470.30M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$1.90M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$7.90M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$2.60M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$500.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$127.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.40M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.40M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$23.20M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$34.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$16.20M	USD	Annual
Loss on redemption of senior notes	`LossOnRedemptionOfSeniorNotes`	-	USD	Annual
Loss on redemption of senior notes	`LossOnRedemptionOfSeniorNotes`	-	USD	Annual
Loss on redemption of senior notes	`LossOnRedemptionOfSeniorNotes`	$10.30M	USD	Annual
Gain on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$2.50M	USD	Annual
Gain on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$100.00K	USD	Annual
Gain on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.70M	USD	Annual
Gain from disposal activities	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain from disposal activities	`GainLossOnSaleOfBusiness`	$16.60M	USD	Annual
Gain from disposal activities	`GainLossOnSaleOfBusiness`	$9.70M	USD	Annual
Unrealized investment loss (gain)	`UnrealizedGainLossOnInvestments`	$-66.40M	USD	Annual
Unrealized investment loss (gain)	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Unrealized investment loss (gain)	`UnrealizedGainLossOnInvestments`	$43.40M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$40.10M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$17.20M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$43.10M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$39.00M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$31.60M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$28.90M	USD	Annual
Trade receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-24.40M	USD	Annual
Trade receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$113.40M	USD	Annual
Trade receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$147.10M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-228.80M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$19.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-674.60M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$579.80M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$101.30M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-5.40M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseinFloorPlanNotesPayable`	$204.10M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseinFloorPlanNotesPayable`	$-100.70M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseinFloorPlanNotesPayable`	$-116.10M	USD	Annual
Trade payables	`IncreaseDecreaseInAccountsPayable`	$78.40M	USD	Annual
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-1.80M	USD	Annual
Trade payables	`IncreaseDecreaseInAccountsPayable`	$28.20M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$233.00M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$113.10M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.80M	USD	Annual
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$39.10M	USD	Annual
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.10M	USD	Annual
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$-11.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.80B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$544.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$524.50M	USD	Annual
Notes receivable issued	`PaymentsToAcquireNotesReceivable`	$12.50M	USD	Annual
Notes receivable issued	`PaymentsToAcquireNotesReceivable`	$12.50M	USD	Annual
Notes receivable issued	`PaymentsToAcquireNotesReceivable`	-	USD	Annual
Principal payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	Annual
Principal payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$25.00M	USD	Annual
Principal payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$167.80M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$260.40M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$124.90M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.50M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.50M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.30M	USD	Annual
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$10.30M	USD	Annual
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$11.20M	USD	Annual
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$7.20M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.70B	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$366.60M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.50B	USD	Annual
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$76.30M	USD	Annual
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$57.50M	USD	Annual
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$46.70M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.89B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-463.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.61B	USD	Annual
Repayments on floor plan notes payable: non-trade, net	`IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet`	$-54.60M	USD	Annual
Repayments on floor plan notes payable: non-trade, net	`IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet`	$-20.60M	USD	Annual
Repayments on floor plan notes payable: non-trade, net	`IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet`	$-685.30M	USD	Annual
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$2.83B	USD	Annual
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$3.17B	USD	Annual
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$1.83B	USD	Annual
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$2.51B	USD	Annual
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$1.94B	USD	Annual
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$3.48B	USD	Annual
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongtermDebtScheduledPayments`	$29.40M	USD	Annual
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongtermDebtScheduledPayments`	$26.00M	USD	Annual
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongtermDebtScheduledPayments`	$59.30M	USD	Annual
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongtermDebtOtherPayments`	$6.30M	USD	Annual
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongtermDebtOtherPayments`	$11.00M	USD	Annual
Principal payments on long-term debt and finance lease liabilities, other	`RepaymentsOfLongtermDebtOtherPayments`	$486.50M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$606.50M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$420.30M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.16B	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.80M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.70M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.80M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.14B	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.00M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$790.40M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$230.70M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.20M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.60M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$38.80M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$29.10M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$27.60M	USD	Annual
Payments of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.40M	USD	Annual
Payments of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payments of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$300.00K	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.40M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.11B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.14B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.10M	USD	Annual
Effect of exchange rate changes on cash, restricted cash, and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Effect of exchange rate changes on cash, restricted cash, and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Effect of exchange rate changes on cash, restricted cash, and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.50M	USD	Annual
Increase in cash, restricted cash, and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$78.60M	USD	Annual
Increase in cash, restricted cash, and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.00M	USD	Annual
Increase in cash, restricted cash, and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$52.40M	USD	Annual
Cash, restricted cash, and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.50M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.50M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.60M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.50M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.50M	USD	Point-in-time
Cash, restricted cash, and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.00M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashFromCollectionsOnLoansReceivable`	$2.30M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashFromCollectionsOnLoansReceivable`	$21.80M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashFromCollectionsOnLoansReceivable`	-	USD	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$84.00M	USD	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$174.80M	USD	Point-in-time
Cash, restricted cash, and cash equivalents	`CashRestrictedCashAndCashEquivalents`	$162.50M	USD	Point-in-time
Restricted cash on deposit in reserve accounts, included in other non-current assets	`RestrictedCashOnDepositInReserveAccounts`	-	USD	Point-in-time
Restricted cash on deposit in reserve accounts, included in other non-current assets	`RestrictedCashOnDepositInReserveAccounts`	-	USD	Point-in-time
Restricted cash on deposit in reserve accounts, included in other non-current assets	`RestrictedCashOnDepositInReserveAccounts`	$3.70M	USD	Point-in-time
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.50M	USD	Point-in-time
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.50M	USD	Point-in-time
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.60M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$135.80M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$130.10M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$107.70M	USD	Annual
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$369.10M	USD	Annual
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$135.00M	USD	Annual
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$38.40M	USD	Annual
Floor plan debt paid in connection with store disposals	`CashPaidforRepaymentsofDebtDuetoDisposalGroup`	$18.60M	USD	Annual
Floor plan debt paid in connection with store disposals	`CashPaidforRepaymentsofDebtDuetoDisposalGroup`	$38.40M	USD	Annual
Floor plan debt paid in connection with store disposals	`CashPaidforRepaymentsofDebtDuetoDisposalGroup`	$8.70M	USD	Annual
Debt issued in connection with acquisitions	`NotesIssued1`	-	USD	Annual
Debt issued in connection with acquisitions	`NotesIssued1`	$355.60M	USD	Annual
Debt issued in connection with acquisitions	`NotesIssued1`	$26.40M	USD	Annual
Contingent consideration in connection with acquisitions	`ContingentConsiderationInConnectionWithAcquisitionsNoncashActivity`	-	USD	Annual
Contingent consideration in connection with acquisitions	`ContingentConsiderationInConnectionWithAcquisitionsNoncashActivity`	$14.30M	USD	Annual
Contingent consideration in connection with acquisitions	`ContingentConsiderationInConnectionWithAcquisitionsNoncashActivity`	$900.00K	USD	Annual
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$4.00M	USD	Annual
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Debt assumed in connection with acquisitions	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Right-of-use assets obtained in exchange for lease liabilities1	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$260.30M	USD	Annual
Right-of-use assets obtained in exchange for lease liabilities1	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$171.80M	USD	Annual
Right-of-use assets obtained in exchange for lease liabilities1	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$55.40M	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-300.00K	USD	Annual
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-2.00M	USD	Annual
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.60M	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.40M	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-700.00K	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-5.60M	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$271.50M	USD	Annual
Net income	`ProfitLoss`	$470.30M	USD	Annual
Issuance related to business combinations	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.10M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$34.00M	USD	Point-in-time
Redeemable non-controlling interest, beginning balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Acquired redeemable non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$33.10M	USD	Annual
Net income attributable to redeemable non-controlling interest	`TemporaryEquityNetIncome`	$900.00K	USD	Annual
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$34.00M	USD	Point-in-time
Redeemable non-controlling interest, ending balances	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-300.00K	USD	Annual
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-2.00M	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$271.50M	USD	Annual
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.60M	USD	Annual
Net income	`ProfitLoss`	$470.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.40M	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-700.00K	USD	Annual
Gain (loss) on cash flow hedges, net of tax (provision) benefit of $(1.6), $2.0 and $0.3	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-5.60M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.60M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.30M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$464.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$270.80M	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$1.70M	USD	Annual
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to redeemable non-controlling interest	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	$900.00K	USD	Annual
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$270.80M	USD	Annual
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$1.06B	USD	Annual
Comprehensive income attributable to Lithia Motors, Inc.	`ComprehensiveIncomeNetOfTax`	$464.70M	USD	Annual

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