$LAD
LITHIA MOTORS INC Stock $lad

$lad Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000102312817000129 Filed on November 07, 2017

Income Statement

Concept	2017 Q3	2016 Q3
Revenue	$2.680B	$2.270B
YoY Change	18.08%	8.88%
Cost Of Revenue	$2.277B	$1.933B
YoY Change	17.83%	8.97%
Gross Profit	$403.0M	$337.3M
YoY Change	19.5%	8.38%
Gross Profit Margin	15.04%	14.86%
Selling, General & Admin	$282.2M	$228.1M
YoY Change	23.72%	1.97%
% of Gross Profit	70.03%	67.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.80M	$12.20M
YoY Change	21.31%	16.19%
% of Gross Profit	3.67%	3.62%
Operating Expenses	$282.2M	$228.1M
YoY Change	23.72%	1.97%
Operating Profit	$106.0M	$93.42M
YoY Change	13.41%	28.33%
Interest Expense	-$20.50M	-$11.80M
YoY Change	73.73%	19.19%
% of Operating Profit	-19.35%	-12.63%
Other Income/Expense, Net	$1.125M	-$1.513M
YoY Change	-174.36%	392.83%
Pretax Income	$86.54M	$80.08M
YoY Change	8.07%	27.84%
Income Tax	$34.66M	$26.04M
% Of Pretax Income	40.05%	32.51%
Net Earnings	$51.89M	$54.04M
YoY Change	-3.99%	24.54%
Net Earnings / Revenue	1.94%	2.38%
Basic Earnings Per Share	$2.07	$2.15
Diluted Earnings Per Share	$2.07	$2.14
COMMON SHARES
Basic Shares Outstanding	25.01M shares	25.19M shares
Diluted Shares Outstanding	25.08M shares	25.29M shares

Balance Sheet

Concept	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$38.60M	$24.10M
YoY Change	60.17%	-26.3%
Cash & Equivalents	$38.58M	$24.12M
Short-Term Investments
Other Short-Term Assets	$59.62M	$33.23M
YoY Change	79.45%	1.79%
Inventory	$1.966B	$1.658B
Prepaid Expenses
Receivables	$446.6M	$317.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.511B	$2.033B
YoY Change	23.54%	16.95%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.088B	$991.7M
YoY Change	9.7%	16.12%
Goodwill	$257.2M	$219.0M
YoY Change	17.42%	3.99%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$328.2M	$156.9M
YoY Change	109.14%	54.02%
Total Long-Term Assets	$1.860B	$1.531B
YoY Change	21.52%	15.82%
TOTAL ASSETS
Total Short-Term Assets	$2.511B	$2.033B
Total Long-Term Assets	$1.860B	$1.531B
Total Assets	$4.372B	$3.564B
YoY Change	22.67%	16.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$103.1M	$78.44M
YoY Change	31.44%	0.93%
Accrued Expenses	$241.1M	$204.4M
YoY Change	17.97%	22.27%
Deferred Revenue
YoY Change
Short-Term Debt	$1.713B	$1.426B
YoY Change	20.14%	17.35%
Long-Term Debt Due	$17.60M	$26.70M
YoY Change	-34.08%	-31.01%
Total Short-Term Liabilities	$2.075B	$1.735B
YoY Change	19.57%	15.5%
LONG-TERM LIABILITIES
Long-Term Debt	$991.3M	$727.2M
YoY Change	36.32%	23.0%
Other Long-Term Liabilities	$109.4M	$98.85M
YoY Change	10.66%	14.45%
Total Long-Term Liabilities	$109.4M	$98.85M
YoY Change	10.66%	14.45%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.075B	$1.735B
Total Long-Term Liabilities	$109.4M	$98.85M
Total Liabilities	$3.340B	$2.698B
YoY Change	23.83%	18.72%
SHAREHOLDERS EQUITY
Retained Earnings	$840.0M	$658.9M
YoY Change	27.48%	34.91%
Common Stock	$42.37M	$39.36M
YoY Change	7.66%	9.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.031B	$866.1M
YoY Change
Total Liabilities & Shareholders Equity	$4.372B	$3.564B
YoY Change	22.67%	16.46%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	$51.89M	$54.04M
YoY Change	-3.99%	24.54%
Depreciation, Depletion And Amortization	$14.80M	$12.20M
YoY Change	21.31%	16.19%
Cash From Operating Activities	$81.90M	$119.0M
YoY Change	-31.18%	53.35%
INVESTING ACTIVITIES
Capital Expenditures	-$39.90M	-$38.20M
YoY Change	4.45%	169.01%
Acquisitions
YoY Change
Other Investing Activities	-$299.7M	-$184.6M
YoY Change	62.35%	359.2%
Cash From Investing Activities	-$339.7M	-$222.8M
YoY Change	52.47%	309.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	265.1M	112.8M
YoY Change	135.02%	-911.51%
NET CHANGE
Cash From Operating Activities	81.90M	119.0M
Cash From Investing Activities	-339.7M	-222.8M
Cash From Financing Activities	265.1M	112.8M
Net Change In Cash	7.300M	9.000M
YoY Change	-18.89%	-3.23%
FREE CASH FLOW
Cash From Operating Activities	$81.90M	$119.0M
Capital Expenditures	-$39.90M	-$38.20M
Free Cash Flow	$121.8M	$157.2M
YoY Change	-22.52%	71.24%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.79
	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	6.41
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2016Q3	lad	Floor Plan Interest Expense FloorPlanInterestExpense	6186000	USD
CY2016Q4	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1506895000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001023128
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	LITHIA MOTORS INC
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
	dei	Trading Symbol TradingSymbol	lad
	lad	Accounts Receivable Receipt Of Payment Period AccountsReceivableReceiptOfPaymentPeriod	P10D
	lad	Accounts Receivable Threshold To Bear Interest Period AccountsReceivableThresholdToBearInterestPeriod	P60D
	lad	Cash Paidfor Repaymentsof Debt Dueto Disposal Group CashPaidforRepaymentsofDebtDuetoDisposalGroup	5284000	USD
	lad	Cash Paidfor Repaymentsof Debt Dueto Disposal Group CashPaidforRepaymentsofDebtDuetoDisposalGroup	0	USD
	lad	Floor Plan Interest Expense FloorPlanInterestExpense	18304000	USD
CY2017Q3	lad	Floor Plan Interest Expense FloorPlanInterestExpense	10629000	USD
	lad	Floor Plan Interest Expense FloorPlanInterestExpense	28013000	USD
CY2016Q4	lad	Floor Plan Notes Payable FloorPlanNotesPayable	94602000	USD
CY2017Q3	lad	Floor Plan Notes Payable FloorPlanNotesPayable	114833000	USD
CY2017Q3	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1598111000	USD
	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	93817000	USD
	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	34056000	USD
	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-18122000	USD
	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-12126000	USD
	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	5903000	USD
	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	46471000	USD
	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	12278000	USD
	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	13697000	USD
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	88423000	USD
CY2017Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	103105000	USD
CY2016Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	473300000	USD
CY2017Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	501823000	USD
CY2016Q4	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	50305000	USD
CY2017Q3	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	49065000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	417714000	USD
CY2017Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	446613000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	211109000	USD
CY2017Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	241094000	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	167300000	USD
CY2017Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	190962000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	41225000	USD
CY2017Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	42373000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5281000	USD
CY2017Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	6145000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	5281000	USD
CY2017Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6145000	USD
CY2016Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	3498000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	10494000	USD
CY2017Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2016Q4	us-gaap	Assets Assets	3844150000	USD
CY2017Q3	us-gaap	Assets Assets	4371593000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	2287194000	USD
CY2017Q3	us-gaap	Assets Current AssetsCurrent	2511268000	USD
CY2016Q3	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	2.38
CY2017Q3	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	2.14
	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	6.57
CY2016Q3	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted	2.37
	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted	6.39
CY2017Q3	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted	2.13
	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted	6.56
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	59925000	USD
	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	163473000	USD
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	53488000	USD
	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	164938000	USD
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	2792994000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	7941561000	USD
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	2773082000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	8032963000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2017Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3500000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	5700000	USD
	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	404443000	USD
	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	0	USD
	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	2137000	USD
	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	1748000	USD
	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	2637000	USD
	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	0	USD
	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	4378000	USD
	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	281416000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45008000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24116000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	50282000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-20892000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-11705000	USD
CY2016Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.7
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CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	54041000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	146016000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	51886000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	155813000	USD
CY2016Q3	us-gaap	Cost Of Revenue CostOfRevenue	1932706000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	5419688000	USD
CY2017Q3	us-gaap	Cost Of Revenue CostOfRevenue	2277321000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	6263535000	USD
CY2016Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	793065000	USD
CY2017Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1015912000	USD
CY2016Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2184000	USD
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	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	9782000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	7398000	USD
CY2016Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	59075000	USD
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CY2016Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	81929000	USD
CY2017Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	98265000	USD
CY2016Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12206000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	36372000	USD
CY2017Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14828000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	41598000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	36372000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	41598000	USD
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.15
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.72
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.21
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.14
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.69
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.19
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	1102000	USD
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	4299000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	382000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	213220000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	259399000	USD
CY2017Q3	us-gaap	Goodwill Goodwill	257185000	USD
CY2008Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	299300000	USD
CY2016	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	47397000	USD
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CY2016	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	1218000	USD
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	us-gaap	Gross Profit GrossProfit	966479000	USD
CY2017Q3	us-gaap	Gross Profit GrossProfit	403021000	USD
	us-gaap	Gross Profit GrossProfit	1119944000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	80077000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34657000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	99829000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	29478000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	217401000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	86543000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	255642000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26036000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71662000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	89206000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	5911000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	13345000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	6153000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	12397000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	32874000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	25907000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	85564000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	16098000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-4688000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-15207000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	18227000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	11519000	USD
CY2015Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	157699000	USD
CY2016Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	184268000	USD
CY2017Q3	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	186977000	USD
CY2017Q3	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	2200000	USD
	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	2214000	USD
CY2016	us-gaap	Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit	518000	USD
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CY2017Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2074762000	USD
CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	769916000	USD
CY2017Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	991333000	USD
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CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths	20965000	USD
CY2017Q3	us-gaap	Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths	17619000	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	260536000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	54041000	USD
	us-gaap	Net Income Loss NetIncomeLoss	145739000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	51886000	USD
	us-gaap	Net Income Loss NetIncomeLoss	155813000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	19657000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	86902000	USD
	us-gaap	Notes Issued1 NotesIssued1	0	USD
	us-gaap	Notes Issued1 NotesIssued1	1748000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	93423000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	256847000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	105952000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	296043000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	46611000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	107159000	USD
CY2017Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	328243000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	0	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	277000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	0	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	0	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	175000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	100460000	USD
CY2017Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	109383000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1513000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4534000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1125000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	11357000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	108597000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	31521000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4517000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	17823000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	19803000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	199435000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	400558000	USD
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	22279000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	841623000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1306000000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1756000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	12327000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	81363000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1006130000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1087920000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	744494000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1432853000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	703820000	USD
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	7929000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72174000	USD
CY2016Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2017Q3	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	11837000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	3417000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5191000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5577000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	22816000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	395905000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	839999000	USD
CY2016Q3	us-gaap	Revenues Revenues	2269967000	USD
	us-gaap	Revenues Revenues	6386167000	USD
CY2017Q3	us-gaap	Revenues Revenues	2680342000	USD
	us-gaap	Revenues Revenues	7383479000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	228134000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	662766000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	282241000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	782303000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8665000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8396000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	910776000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	1031376000	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25290000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25598000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25076000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25158000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25194000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25490000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25008000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25090000	shares
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued accounting standards update ("ASU") 2014-09, "Revenue from Contracts with Customers," which amends the accounting guidance related to revenues. This amendment will replace most of the existing revenue recognition guidance when it becomes effective. The new standard, as amended in July 2015, is effective for fiscal years beginning after December 15, 2017 and entities are allowed to adopt the standard as early as annual periods beginning after December 15, 2016, and interim periods therein. The standard permits the use of either the retrospective or cumulative effect transition method. We have evaluated the effect this amendment will have on our most significant types of transactions and expect the timing of most of our revenue recognition to generally remain the same. A portion of the transaction price related to sales of finance and insurance contracts will likely be considered variable consideration and subject to accelerated recognition under the new standard. The new standard requires an entity to estimate variable consideration and apply the constraint in determining the transaction price. We are still evaluating how much variable consideration should be constrained and at what point the constraint is resolved, which will also determine the amount of any potential cumulative effect adjustment. As a result, we have not yet quantified the impact to our consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, "Leases." ASU 2016-02 increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requires disclosing key information about leasing arrangements. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In March 2016, the FASB issued ASU 2016-09, "Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." ASU 2016-09 simplifies the accounting for several aspects of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. In January 2017, we adopted this new guidance. As a result, we recorded the following: </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:Times New Roman;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Reclassified </font><font style="font-family:Times New Roman;font-size:10pt;">$0.2 million</font><font style="font-family:Times New Roman;font-size:10pt;"> as a decrease to additional paid-in capital and an increase to retained earnings related to our policy election to record forfeitures as they occur. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:Times New Roman;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">All prior periods presented in our Consolidated Statements of Cash Flows have been adjusted for the presentation of excess tax benefits on the cash flow statement. This resulted in a </font><font style="font-family:Times New Roman;font-size:10pt;">$4.4 million</font><font style="font-family:Times New Roman;font-size:10pt;"> reclassification between financing and operating cash flows.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:Times New Roman;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">We had </font><font style="font-family:Times New Roman;font-size:10pt;">$0.3 million</font><font style="font-family:Times New Roman;font-size:10pt;"> of tax-affected state net operating loss carryforwards related to excess tax benefits for which a deferred tax asset had not been recognized. At adoption, this amount was recorded with the offset to retained earnings. Additionally, we do not believe that it is more-likely-than-not that the asset will be utilized and, as a result, a valuation allowance in the same amount was recorded that offset the impact to retained earnings.  </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15, "Classification of Certain Cash Receipts and Cash Payments." ASU 2016-15 provides guidance for eight cash flow classification issues to reduce diversity in practice. The clarification includes guidance on items such as debt prepayment or debt extinguishment cost, contingent consideration payment made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies and distributions received from equity method investees. ASU 2016-15 is effective for annual periods beginning after December 15, 2017, and interim periods within those annual periods. Early adoption is permitted. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In January 2017, the FASB issued ASU 2017-04, "Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment." ASU 2017-04 simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under the updated standard, an entity should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, if applicable. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit. The same impairment test also applies to any reporting unit with a zero or negative carrying amount. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ASU 2017-04 is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2019, on a prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed after January 1, 2017. We do not expect the adoption of ASU 2017-04 to have a material effect on our financial position, results of operations or cash flows.</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">In May 2017, the FASB issued ASU 2017-09, "Compensation - Stock Compensation (Topic 718) - Scope of Modification Accounting." ASU 2017-09 reduces both diversity in practice and cost and complexity when changing the terms or conditions of a share-based payment award. The amendments in this update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. ASU 2017-09 is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. The amendments in this update should be applied prospectively to an award modified on or after the adoption date. We do not expect the adoption of ASU 2017-09 to have a material effect on our financial position, results of operations or cash flows.</font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Certain reclassifications of amounts previously reported have been made to the accompanying condensed Consolidated Financial Statements to maintain consistency and comparability between periods presented. These reclassifications were related to our adoption of ASU 2016-09, "Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." Specifically, we reclassified the presentation of excess tax benefits on our Consolidated Statements of Cash Flows between financing and operating cash flows and recorded reclassifications between additional paid-in capital and retained earnings. See also Note 13.</font></div></div>

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$LAD
LITHIA MOTORS INC Stock $lad

2017 Q3 Form 10-Q Financial Statement

#000102312817000129 Filed on November 07, 2017

Income Statement

Balance Sheet

Cashflow Statement

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Files In Submission

$LAD LITHIA MOTORS INC Stock $lad

2017 Q3 Form 10-Q Financial Statement

#000102312817000129 Filed on November 07, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD
LITHIA MOTORS INC Stock $lad