$LAD
Lithia Motors Inc Stock $lad

$lad Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000102312818000045 Filed on April 27, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$2.660B	$2.236B
YoY Change	18.94%	12.77%
Cost Of Revenue	$2.252B	$1.894B
YoY Change	18.85%	13.06%
Gross Profit	$408.1M	$341.7M
YoY Change	19.45%	11.22%
Gross Profit Margin	15.34%	15.28%
Selling, General & Admin	$297.5M	$242.8M
YoY Change	22.54%	10.8%
% of Gross Profit	72.9%	71.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.80M	$12.74M
YoY Change	31.88%	9.23%
% of Gross Profit	4.12%	3.73%
Operating Expenses	$297.5M	$242.8M
YoY Change	22.54%	10.8%
Operating Profit	$93.80M	$86.14M
YoY Change	8.89%	18.14%
Interest Expense	-$25.30M	-$14.70M
YoY Change	72.11%	28.95%
% of Operating Profit	-26.97%	-17.07%
Other Income/Expense, Net	$1.300M	$9.845M
YoY Change	-86.8%	-745.15%
Pretax Income	$69.80M	$81.26M
YoY Change	-14.11%	35.39%
Income Tax	$17.70M	$30.54M
% Of Pretax Income	25.36%	37.58%
Net Earnings	$52.10M	$50.73M
YoY Change	2.71%	25.97%
Net Earnings / Revenue	1.96%	2.27%
Basic Earnings Per Share	$2.08	$2.01
Diluted Earnings Per Share	$2.07	$2.01
COMMON SHARES
Basic Shares Outstanding	25.10M shares	25.18M shares
Diluted Shares Outstanding	25.20M shares	25.25M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$69.00M	$31.40M
YoY Change	119.75%	45.37%
Cash & Equivalents	$68.99M	$31.44M
Short-Term Investments
Other Short-Term Assets	$56.89M	$48.25M
YoY Change	17.92%	-4.41%
Inventory	$2.366B	$1.812B
Prepaid Expenses
Receivables	$479.6M	$341.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.971B	$2.233B
YoY Change	33.04%	17.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.221B	$1.010B
YoY Change	20.82%	14.52%
Goodwill	$256.3M	$259.4M
YoY Change	-1.2%	21.25%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$451.4M	$114.3M
YoY Change	294.91%	3.72%
Total Long-Term Assets	$2.116B	$1.568B
YoY Change	34.88%	14.64%
TOTAL ASSETS
Total Short-Term Assets	$2.971B	$2.233B
Total Long-Term Assets	$2.116B	$1.568B
Total Assets	$5.087B	$3.802B
YoY Change	33.8%	16.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$116.9M	$80.02M
YoY Change	46.12%	2.26%
Accrued Expenses	$240.2M	$241.6M
YoY Change	-0.61%	34.88%
Deferred Revenue
YoY Change
Short-Term Debt	$1.978B	$1.600B
YoY Change	23.6%	18.31%
Long-Term Debt Due	$168.9M	$17.90M
YoY Change	843.58%	-46.88%
Total Short-Term Liabilities	$2.504B	$1.940B
YoY Change	29.08%	18.02%
LONG-TERM LIABILITIES
Long-Term Debt	$1.181B	$666.1M
YoY Change	77.33%	11.82%
Other Long-Term Liabilities	$108.4M	$100.3M
YoY Change	8.08%	18.87%
Total Long-Term Liabilities	$108.4M	$100.3M
YoY Change	8.08%	18.87%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.504B	$1.940B
Total Long-Term Liabilities	$108.4M	$100.3M
Total Liabilities	$3.960B	$2.852B
YoY Change	38.86%	16.26%
SHAREHOLDERS EQUITY
Retained Earnings	$969.4M	$748.4M
YoY Change	29.53%	32.23%
Common Stock	$14.56M	$37.71M
YoY Change	-61.4%	8.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.127B	$950.2M
YoY Change
Total Liabilities & Shareholders Equity	$5.087B	$3.802B
YoY Change	33.8%	16.35%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$52.10M	$50.73M
YoY Change	2.71%	25.97%
Depreciation, Depletion And Amortization	$16.80M	$12.74M
YoY Change	31.88%	9.23%
Cash From Operating Activities	$48.90M	$126.7M
YoY Change	-61.4%	266.18%
INVESTING ACTIVITIES
Capital Expenditures	$42.00M	$16.04M
YoY Change	161.86%	0.87%
Acquisitions	$324.4M	$0.00
YoY Change		-100.0%
Other Investing Activities	-$331.5M	-$6.500M
YoY Change	5000.0%	-51.13%
Cash From Investing Activities	-$373.5M	-$22.50M
YoY Change	1559.78%	-23.02%
FINANCING ACTIVITIES
Cash Dividend Paid	$6.800M	$6.292M
YoY Change	8.07%	22.15%
Common Stock Issuance & Retirement, Net	$6.400M	$7.665M
YoY Change	-16.5%	-86.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$336.4M	-$123.0M
YoY Change	-373.47%	327.01%
NET CHANGE
Cash From Operating Activities	$48.90M	$126.7M
Cash From Investing Activities	-$373.5M	-$22.50M
Cash From Financing Activities	$336.4M	-$123.0M
Net Change In Cash	$11.80M	-$18.84M
YoY Change	-162.63%	-19.65%
FREE CASH FLOW
Cash From Operating Activities	$48.90M	$126.7M
Capital Expenditures	$42.00M	$16.04M
Free Cash Flow	$6.900M	$110.6M
YoY Change	-93.76%	491.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	29545	shares
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001023128
CY2018Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	LITHIA MOTORS INC
CY2018Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2018Q1	dei	Trading Symbol TradingSymbol	lad
CY2018Q1	lad	Accounts Receivable Receipt Of Payment Period AccountsReceivableReceiptOfPaymentPeriod	P10D
CY2018Q1	lad	Accounts Receivable Threshold To Bear Interest Period AccountsReceivableThresholdToBearInterestPeriod	P60D
CY2017Q1	lad	Cash Paidfor Repaymentsof Debt Dueto Disposal Group CashPaidforRepaymentsofDebtDuetoDisposalGroup	0	USD
CY2018Q1	lad	Cash Paidfor Repaymentsof Debt Dueto Disposal Group CashPaidforRepaymentsofDebtDuetoDisposalGroup	3832000	USD
CY2017Q1	lad	Floor Plan Interest Expense FloorPlanInterestExpense	8052000	USD
CY2018Q1	lad	Floor Plan Interest Expense FloorPlanInterestExpense	13534000	USD
CY2017Q4	lad	Floor Plan Notes Payable FloorPlanNotesPayable	116774000	USD
CY2018Q1	lad	Floor Plan Notes Payable FloorPlanNotesPayable	145128000	USD
CY2017Q4	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1802252000	USD
CY2018Q1	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1832824000	USD
CY2017Q1	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	-2110000	USD
CY2018Q1	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	47841000	USD
CY2017Q1	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-2429000	USD
CY2018Q1	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-17692000	USD
CY2017Q1	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	9743000	USD
CY2018Q1	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	0	USD
CY2017Q1	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	4648000	USD
CY2018Q1	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	4715000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	6260000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	7386000	USD
CY2018Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	50737000	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	111362000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	116928000	USD
CY2017Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	578322000	USD
CY2018Q1	us-gaap	Accounts Receivable Gross AccountsReceivableGross	527064000	USD
CY2017Q4	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	48998000	USD
CY2018Q1	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	41166000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	521938000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	479638000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	251717000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	240169000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	197802000	USD
CY2018Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	209300000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	11309000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	14558000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7386000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6260000	USD
CY2017Q4	us-gaap	Assets Assets	4683066000	USD
CY2018Q1	us-gaap	Assets Assets	5086983000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	2782782000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	2971440000	USD
CY2017Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	2.11
CY2018Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	2.03
CY2017Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	2.10
CY2018Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	2.02
CY2017Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	53034000	USD
CY2017Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	2825619000	USD
CY2018Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	2822370000	USD
CY2018Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	900000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	50282000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	31440000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	57253000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	68985000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-18842000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	11732000	USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.25
CY2018Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.27
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	9200000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	9200000	USD
CY2017Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	126100000	USD
CY2018Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	131900000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	5700000	USD
CY2017Q1	us-gaap	Cost Of Revenue CostOfRevenue	1894449000	USD
CY2018Q1	us-gaap	Cost Of Revenue CostOfRevenue	2251568000	USD
CY2017Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	56277000	USD
CY2018Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	58965000	USD
CY2017Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-417000	USD
CY2018Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	2688000	USD
CY2017Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	103111000	USD
CY2018Q1	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	107355000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12739000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16854000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12739000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	16854000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.01
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.08
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.01
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.07
CY2017Q1	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	-19000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-279000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	44000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	259399000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	256320000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	256283000	USD
CY2018Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
CY2008Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	299300000	USD
CY2017Q3	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-2214000	USD
CY2017	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	865000	USD
CY2018Q1	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	37000	USD
CY2017Q1	us-gaap	Gross Profit GrossProfit	341652000	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	408111000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	81263000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	69797000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	30536000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17736000	USD
CY2017Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	8000	USD
CY2018Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1156000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-76123000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-42628000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-7617000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	6933000	USD
CY2017Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	31116000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-13574000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	42298000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	98862000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	3776000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-14651000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4750000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4253000	USD
CY2016Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	184268000	USD
CY2017Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	186977000	USD
CY2018Q1	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	186977000	USD
CY2017Q3	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	2200000	USD
CY2017	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	2214000	USD
CY2017	us-gaap	Indefinitelived Intangible Assets Acquired IndefinitelivedIntangibleAssetsAcquired	495000	USD
CY2018Q1	us-gaap	Indefinitelived Intangible Assets Acquired IndefinitelivedIntangibleAssetsAcquired	0	USD
CY2017Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	6671000	USD
CY2018Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	11806000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	17261000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	30263000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	2132744000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	2365924000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3599848000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	3959878000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4683066000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5086983000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2300981000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2503925000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1028476000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1181230000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	18876000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	168876000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-123013000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	336361000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-22503000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-373502000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	126674000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	48873000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	50727000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	52061000	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	USD
CY2018Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	10661000	USD
CY2018Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	86141000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	93763000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	70847000	USD
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	56893000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	271818000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	451401000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	111003000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	108403000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9845000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1374000	USD
CY2017Q1	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	0	USD
CY2018Q1	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	772000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9188000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	8273000	USD
CY2017Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2018Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	40000	USD
CY2017Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	6292000	USD
CY2018Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	6759000	USD
CY2017Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2018Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	324367000	USD
CY2017Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	6863000	USD
CY2018Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	7599000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	16039000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	42004000	USD
CY2017Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2018Q1	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	0	USD
CY2018Q1	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	363000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1523000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1841000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	27878000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	231000000	USD
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	893966000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	399000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	105000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1185169000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1220882000	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	351433000	USD
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	586728000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	922662000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	969406000	USD
CY2017Q1	us-gaap	Revenues Revenues	2236101000	USD
CY2018Q1	us-gaap	Revenues Revenues	2659679000	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	242772000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	297494000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2619000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3574000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	1083218000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1127105000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25250000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25158000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25180000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25050000	shares
CY2018Q1	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 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 have both real estate leases and equipment leases that will be impacted by the new guidance. We continue to evaluate 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>
CY2018Q1	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 immaterial reclassifications of amounts previously reported have been made to the accompanying condensed Consolidated Financial Statements to maintain consistency and comparability between periods presented.</font></div></div>

Files In Submission

Name	View Source	Status
0001023128-18-000045-index-headers.html	Edgar Link	pending
0001023128-18-000045-index.html	Edgar Link	pending
0001023128-18-000045.txt	Edgar Link	pending
0001023128-18-000045-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lad-20180331.xml	Edgar Link	completed
lad-20180331.xsd	Edgar Link	pending
lad-20180331_cal.xml	Edgar Link	unprocessable
lad-20180331_def.xml	Edgar Link	unprocessable
lad-20180331_lab.xml	Edgar Link	unprocessable
lad-20180331_pre.xml	Edgar Link	unprocessable
lad2018q1-10q.htm	Edgar Link	pending
lad2018q1-10qex311ceocert.htm	Edgar Link	pending
lad2018q1-10qex312cfocert.htm	Edgar Link	pending
lad2018q1-10qex321ceocert.htm	Edgar Link	pending
lad2018q1-10qex322cfocert.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LAD
Lithia Motors Inc Stock $lad

2018 Q1 Form 10-Q Financial Statement

#000102312818000045 Filed on April 27, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD Lithia Motors Inc Stock $lad

2018 Q1 Form 10-Q Financial Statement

#000102312818000045 Filed on April 27, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD
Lithia Motors Inc Stock $lad