◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

LITHIA MOTORS INC CIK: 1023128 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001437749-15-008579
Period End Date 20150331
Filing Date 20150501
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance lad-20150331.xml
Filing Contents
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts (in Dollars) AllowanceForDoubtfulAccountsReceivableCurrent $1.98M USD Point-in-time
Allowance for doubtful accounts (in Dollars) AllowanceForDoubtfulAccountsReceivableCurrent $2.19M USD Point-in-time
Accumulated depreciation (in Dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $123.82M USD Point-in-time
Accumulated depreciation (in Dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $117.68M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $21.02M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $22.34M USD Point-in-time
Preferred stock, par value (in Dollars per share) PreferredStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.90M USD Point-in-time
Preferred stock, par value (in Dollars per share) PreferredStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.69M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 15.00M shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,977 and $2,191 AccountsReceivableNetCurrent $295.38M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 15.00M shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,977 and $2,191 AccountsReceivableNetCurrent $290.64M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Inventories, net InventoryNet $1.29B USD Point-in-time
Inventories, net InventoryNet $1.25B USD Point-in-time
Other current assets OtherAssetsCurrent $32.01M USD Point-in-time
Other current assets OtherAssetsCurrent $32.50M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $4.03M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $8.56M USD Point-in-time
Total Current Assets AssetsCurrent $1.63B USD Point-in-time
Total Current Assets AssetsCurrent $1.62B USD Point-in-time
Property and equipment, net of accumulated depreciation of $123,816 and $117,679 PropertyPlantAndEquipmentNet $828.71M USD Point-in-time
Property and equipment, net of accumulated depreciation of $123,816 and $117,679 PropertyPlantAndEquipmentNet $816.75M USD Point-in-time
Goodwill Goodwill $199.38M USD Point-in-time
Goodwill Goodwill $49.51M USD Point-in-time
Goodwill Goodwill $199.29M USD Point-in-time
Franchise value IndefiniteLivedFranchiseRights $150.86M USD Point-in-time
Franchise value IndefiniteLivedFranchiseRights $150.89M USD Point-in-time
Franchise value IndefiniteLivedFranchiseRights $71.20M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $110.74M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $98.41M USD Point-in-time
Total Assets Assets $2.88B USD Point-in-time
Total Assets Assets $2.92B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $42.14M USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $41.05M USD Point-in-time
Floor plan notes payable: non-trade FloorPlanNotesPayableNonTrade $1.14B USD Point-in-time
Floor plan notes payable: non-trade FloorPlanNotesPayableNonTrade $1.11B USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $40.54M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $31.91M USD Point-in-time
Trade payables AccountsPayableCurrent $76.52M USD Point-in-time
Trade payables AccountsPayableCurrent $70.85M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $153.66M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $154.79M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $2.60M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $3.14M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $4.89M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $2.69M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.44B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.43B USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $621.89M USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $609.07M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $56.85M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $54.40M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $42.80M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $41.47M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $63.09M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $58.96M USD Point-in-time
Total Liabilities Liabilities $2.21B USD Point-in-time
Total Liabilities Liabilities $2.22B USD Point-in-time
Preferred stock - no par value; authorized 15,000 shares; none outstanding PreferredStockValue - USD Point-in-time
Preferred stock - no par value; authorized 15,000 shares; none outstanding PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $29.77M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $31.36M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-926.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-787.00K USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $404.32M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $367.88M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $707.84M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $673.11M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $2.92B USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $2.88B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Sales revenue Revenues $1.79B USD 1 Quarter
Sales revenue Revenues $1.08B USD 1 Quarter
Cost of revenue CostOfRevenue $906.04M USD 1 Quarter
Cost of revenue CostOfRevenue $1.52B USD 1 Quarter
Gross profit GrossProfit $172.06M USD 1 Quarter
Gross profit GrossProfit $273.38M USD 1 Quarter
Asset impairments AssetImpairmentCharges $4.13M USD 1 Quarter
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $121.83M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $191.62M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.51M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.73M USD 1 Quarter
Operating income OperatingIncomeLoss $44.73M USD 1 Quarter
Operating income OperatingIncomeLoss $67.90M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $2.98M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $4.65M USD 1 Quarter
Other interest expense InterestExpenseDebt $4.83M USD 1 Quarter
Other interest expense InterestExpenseDebt $1.97M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $-368.00K USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $937.00K USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $58.06M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $40.70M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $16.01M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $17.40M USD 1 Quarter
Income from continuing operations, net of income tax IncomeLossFromContinuingOperations $24.69M USD 1 Quarter
Income from continuing operations, net of income tax IncomeLossFromContinuingOperations $40.65M USD 1 Quarter
Income from discontinued operations, net of income tax IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Income from discontinued operations, net of income tax IncomeLossFromDiscontinuedOperationsNetOfTax $40.00K USD 1 Quarter
Net income NetIncomeLoss $40.65M USD 1 Quarter
Net income NetIncomeLoss $24.73M USD 1 Quarter
Basic income per share from continuing operations (in Dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.55 USD 1 Quarter
Basic income per share from continuing operations (in Dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.95 USD 1 Quarter
Basic income per share from discontinued operations (in Dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Basic income per share from discontinued operations (in Dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Basic net income per share (in Dollars per share) EarningsPerShareBasic $1.55 USD 1 Quarter
Basic net income per share (in Dollars per share) EarningsPerShareBasic $0.95 USD 1 Quarter
Shares used in basic per share calculations (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 25.97M shares 1 Quarter
Shares used in basic per share calculations (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 26.28M shares 1 Quarter
Diluted income per share from continuing operations (in Dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.53 USD 1 Quarter
Diluted income per share from continuing operations (in Dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.94 USD 1 Quarter
Diluted income per share from discontinued operations (in Dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Diluted income per share from discontinued operations (in Dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Diluted net income per share (in Dollars per share) EarningsPerShareDiluted $1.53 USD 1 Quarter
Diluted net income per share (in Dollars per share) EarningsPerShareDiluted $0.94 USD 1 Quarter
Shares used in diluted per share calculations (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 26.52M shares 1 Quarter
Shares used in diluted per share calculations (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 26.32M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $40.65M USD 1 Quarter
Net income NetIncomeLoss $24.73M USD 1 Quarter
Asset impairments AssetImpairmentCharges $4.13M USD 1 Quarter
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.51M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.73M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.54M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $2.73M USD 1 Quarter
Loss on disposal of other assets GainLossOnSaleOfPropertyPlantEquipment $-8.00K USD 1 Quarter
Loss on disposal of other assets GainLossOnSaleOfPropertyPlantEquipment $-20.00K USD 1 Quarter
Gain on disposal of franchise GainLossOnSaleOfBusiness $3.35M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $1.87M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $3.86M USD 1 Quarter
Excess tax benefit from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $4.73M USD 1 Quarter
Excess tax benefit from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $5.85M USD 1 Quarter
Trade receivables, net IncreaseDecreaseInAccountsAndOtherReceivables $12.26M USD 1 Quarter
Trade receivables, net IncreaseDecreaseInAccountsAndOtherReceivables $-7.57M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $39.46M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $56.75M USD 1 Quarter
Other assets IncreaseDecreaseInOtherNoncurrentAssets $2.29M USD 1 Quarter
Other assets IncreaseDecreaseInOtherNoncurrentAssets $2.08M USD 1 Quarter
Floor plan notes payable IncreaseDecreaseInVehicleFloorplanPayableTradeNet $1.09M USD 1 Quarter
Floor plan notes payable IncreaseDecreaseInVehicleFloorplanPayableTradeNet $1.68M USD 1 Quarter
Trade payables IncreaseDecreaseInAccountsPayable $6.80M USD 1 Quarter
Trade payables IncreaseDecreaseInAccountsPayable $1.77M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $12.52M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $4.44M USD 1 Quarter
Other long-term liabilities and deferred revenue IncreaseDecreaseInOtherOperatingLiabilities $6.84M USD 1 Quarter
Other long-term liabilities and deferred revenue IncreaseDecreaseInOtherOperatingLiabilities $5.12M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $38.23M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-22.39M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $24.92M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $12.63M USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $27.00K USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $103.00K USD 1 Quarter
Cash paid for other investments PaymentsToAcquireOtherInvestments $3.53M USD 1 Quarter
Cash paid for other investments PaymentsToAcquireOtherInvestments $9.80M USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $31.69M USD 1 Quarter
Proceeds from sales of stores ProceedsFromDivestitureOfBusinessesNetOfCashDivested $3.68M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-30.94M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-47.82M USD 1 Quarter
Borrowings (repayments), net on floor plan notes payable: non-trade IncreaseDecreaseInVehicleFloorplanPayableNonTradeNet $-21.98M USD 1 Quarter
Borrowings (repayments), net on floor plan notes payable: non-trade IncreaseDecreaseInVehicleFloorplanPayableNonTradeNet $51.78M USD 1 Quarter
Borrowings on lines of credit ProceedsFromLinesOfCredit $233.00M USD 1 Quarter
Borrowings on lines of credit ProceedsFromLinesOfCredit $271.02M USD 1 Quarter
Repayments on lines of credit RepaymentsOfLinesOfCredit $209.72M USD 1 Quarter
Repayments on lines of credit RepaymentsOfLinesOfCredit $293.96M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $50.35M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $1.17M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $1.04M USD 1 Quarter
Excess tax benefit from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $5.85M USD 1 Quarter
Excess tax benefit from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $4.73M USD 1 Quarter
Dividends paid PaymentsOfDividends $3.38M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.22M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-16.17M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $68.86M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.35M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-8.88M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $21.02M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $22.34M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $29.90M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $23.69M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $21.02M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $22.34M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $29.90M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $23.69M USD Point-in-time
Cash paid during the period for interest InterestPaid $12.49M USD 1 Quarter
Cash paid during the period for interest InterestPaid $5.10M USD 1 Quarter
Cash paid during the period for income taxes, net IncomeTaxesPaid $6.54M USD 1 Quarter
Cash paid during the period for income taxes, net IncomeTaxesPaid $3.71M USD 1 Quarter
Debt issued in connection with acquisitions NotesIssued1 $3.16M USD 1 Quarter
Floor plan debt paid in connection with store disposals NoncashOrPartNoncashAcquisitionDebtAssumed1 $2.21M USD 1 Quarter
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $40.65M USD 1 Quarter
Gain on cash flow hedges, tax expense OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $86.00K USD 1 Quarter
Net income NetIncomeLoss $24.73M USD 1 Quarter
Gain on cash flow hedges, tax expense OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $93.00K USD 1 Quarter
Gain on cash flow hedges, net of tax expense of $86 and $93, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $149.00K USD 1 Quarter
Gain on cash flow hedges, net of tax expense of $86 and $93, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $139.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $24.88M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $40.79M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...