$LAD
LITHIA MOTORS INC Stock $lad

$lad Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000102312818000073 Filed on October 26, 2018

Income Statement

Concept	2018 Q3	2017 Q3
Revenue	$3.092B	$2.680B
YoY Change	15.36%	18.08%
Cost Of Revenue	$2.626B	$2.277B
YoY Change	15.3%	17.83%
Gross Profit	$466.2M	$403.0M
YoY Change	15.68%	19.5%
Gross Profit Margin	15.08%	15.04%
Selling, General & Admin	$309.0M	$282.2M
YoY Change	9.48%	23.72%
% of Gross Profit	66.28%	70.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.60M	$14.80M
YoY Change	32.43%	21.31%
% of Gross Profit	4.2%	3.67%
Operating Expenses	$309.0M	$282.2M
YoY Change	9.48%	23.72%
Operating Profit	$137.6M	$106.0M
YoY Change	29.87%	13.41%
Interest Expense	-$31.00M	-$20.50M
YoY Change	51.22%	73.73%
% of Operating Profit	-22.53%	-19.35%
Other Income/Expense, Net	$2.400M	$1.125M
YoY Change	113.33%	-174.36%
Pretax Income	$109.0M	$86.54M
YoY Change	25.95%	8.07%
Income Tax	$15.90M	$34.66M
% Of Pretax Income	14.59%	40.05%
Net Earnings	$93.10M	$51.89M
YoY Change	79.43%	-3.99%
Net Earnings / Revenue	3.01%	1.94%
Basic Earnings Per Share	$3.85	$2.07
Diluted Earnings Per Share	$3.84	$2.07
COMMON SHARES
Basic Shares Outstanding	24.20M shares	25.01M shares
Diluted Shares Outstanding	24.30M shares	25.08M shares

Balance Sheet

Concept	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$31.40M	$38.60M
YoY Change	-18.65%	60.17%
Cash & Equivalents	$31.43M	$38.58M
Short-Term Investments
Other Short-Term Assets	$47.65M	$59.62M
YoY Change	-20.08%	79.45%
Inventory	$2.276B	$1.966B
Prepaid Expenses
Receivables	$470.7M	$446.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.826B	$2.511B
YoY Change	12.52%	23.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.249B	$1.088B
YoY Change	14.78%	9.7%
Goodwill	$357.0M	$257.2M
YoY Change	38.8%	17.42%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$487.2M	$328.2M
YoY Change	48.42%	109.14%
Total Long-Term Assets	$2.349B	$1.860B
YoY Change	26.26%	21.52%
TOTAL ASSETS
Total Short-Term Assets	$2.826B	$2.511B
Total Long-Term Assets	$2.349B	$1.860B
Total Assets	$5.175B	$4.372B
YoY Change	18.37%	22.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$113.7M	$103.1M
YoY Change	10.24%	31.44%
Accrued Expenses	$259.8M	$241.1M
YoY Change	7.77%	17.97%
Deferred Revenue
YoY Change
Short-Term Debt	$1.956B	$1.713B
YoY Change	14.19%	20.14%
Long-Term Debt Due	$33.90M	$17.60M
YoY Change	92.61%	-34.08%
Total Short-Term Liabilities	$2.363B	$2.075B
YoY Change	13.9%	19.57%
LONG-TERM LIABILITIES
Long-Term Debt	$1.287B	$991.3M
YoY Change	29.84%	36.32%
Other Long-Term Liabilities	$123.6M	$109.4M
YoY Change	13.03%	10.66%
Total Long-Term Liabilities	$123.6M	$109.4M
YoY Change	13.03%	10.66%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.363B	$2.075B
Total Long-Term Liabilities	$123.6M	$109.4M
Total Liabilities	$3.969B	$3.340B
YoY Change	18.84%	23.83%
SHAREHOLDERS EQUITY
Retained Earnings	$1.109B	$840.0M
YoY Change	32.03%	27.48%
Common Stock	$45.90M	$42.37M
YoY Change	8.32%	7.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.205B	$1.031B
YoY Change
Total Liabilities & Shareholders Equity	$5.175B	$4.372B
YoY Change	18.37%	22.67%

Cashflow Statement

Concept	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	$93.10M	$51.89M
YoY Change	79.43%	-3.99%
Depreciation, Depletion And Amortization	$19.60M	$14.80M
YoY Change	32.43%	21.31%
Cash From Operating Activities	$143.0M	$81.90M
YoY Change	74.6%	-31.18%
INVESTING ACTIVITIES
Capital Expenditures	-$41.00M	-$39.90M
YoY Change	2.76%	4.45%
Acquisitions
YoY Change
Other Investing Activities	-$22.10M	-$299.7M
YoY Change	-92.63%	62.35%
Cash From Investing Activities	-$63.10M	-$339.7M
YoY Change	-81.42%	52.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-78.40M	265.1M
YoY Change	-129.57%	135.02%
NET CHANGE
Cash From Operating Activities	143.0M	81.90M
Cash From Investing Activities	-63.10M	-339.7M
Cash From Financing Activities	-78.40M	265.1M
Net Change In Cash	1.500M	7.300M
YoY Change	-79.45%	-18.89%
FREE CASH FLOW
Cash From Operating Activities	$143.0M	$81.90M
Capital Expenditures	-$41.00M	-$39.90M
Free Cash Flow	$184.0M	$121.8M
YoY Change	51.07%	-22.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001023128
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	LITHIA MOTORS INC
	dei	Entity Small Business EntitySmallBusiness	false
	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	0	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	296043000	USD
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	137566000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	339885000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	70847000	USD
CY2018Q3	lad	Floor Plan Debt FloorPlanDebt	1955867000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	91000	USD
	lad	Cash Paidfor Repaymentsof Debt Dueto Disposal Group CashPaidforRepaymentsofDebtDuetoDisposalGroup	33139000	USD
CY2017Q4	lad	Floor Plan Debt FloorPlanDebt	1919026000	USD
CY2017Q3	lad	Floor Plan Interest Expense FloorPlanInterestExpense	10629000	USD
	lad	Floor Plan Interest Expense FloorPlanInterestExpense	28013000	USD
CY2018Q3	lad	Floor Plan Interest Expense FloorPlanInterestExpense	15958000	USD
	lad	Floor Plan Interest Expense FloorPlanInterestExpense	45126000	USD
CY2017Q4	lad	Floor Plan Notes Payable FloorPlanNotesPayable	116774000	USD
CY2018Q3	lad	Floor Plan Notes Payable FloorPlanNotesPayable	135626000	USD
CY2017Q4	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1802252000	USD
CY2018Q3	lad	Floor Plan Notes Payable Non Trade FloorPlanNotesPayableNonTrade	1820241000	USD
	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	34056000	USD
	lad	Increase Decrease In Vehicle Floor Plan Payable Non Trade Net IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet	61705000	USD
	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-12126000	USD
	lad	Increase Decreasein Floor Plan Notes Payable IncreaseDecreaseinFloorPlanNotesPayable	-8073000	USD
	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	46471000	USD
	lad	Repayments Of Longterm Debt Other Payments RepaymentsOfLongtermDebtOtherPayments	5305000	USD
	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	13697000	USD
	lad	Repayments Of Longterm Debt Scheduled Payments RepaymentsOfLongtermDebtScheduledPayments	16944000	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	111362000	USD
CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	113662000	USD
CY2017Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	578322000	USD
CY2018Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	513682000	USD
CY2017Q4	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	48998000	USD
CY2018Q3	us-gaap	Accounts Receivable Gross Noncurrent AccountsReceivableGrossNoncurrent	36567000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	521938000	USD
CY2018Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	470689000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	251717000	USD
CY2018Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	259825000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	197802000	USD
CY2018Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	228992000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	11309000	USD
CY2018Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	45897000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7386000	USD
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CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	7386000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6426000	USD
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CY2017Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	2.10
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	6.44
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CY2018Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	3.84
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	8.26
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	52452000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	161614000	USD
CY2018Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	93107000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	204526000	USD
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	3118676000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	9024723000	USD
CY2018Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	3091952000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	9048379000	USD
CY2017Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3500000	USD
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CY2018Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	200000	USD
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	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	2137000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-11705000	USD
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CY2017Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.27
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CY2018Q3	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
CY2018Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	144900000	USD
CY2017Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	103111000	USD
CY2018Q3	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	117850000	USD
CY2018Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	5200000	USD
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CY2017Q3	us-gaap	Cost Of Revenue CostOfRevenue	2277321000	USD
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CY2017Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1054271000	USD
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CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	6919000	USD
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CY2017Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	56277000	USD
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CY2018Q3	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	54000000	USD
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	15396000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	382000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	259399000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	256320000	USD
CY2018Q3	us-gaap	Goodwill Goodwill	356968000	USD
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CY2017	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-2214000	USD
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	102800000	USD
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	102797000	USD
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	us-gaap	Gross Profit GrossProfit	1119944000	USD
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	us-gaap	Gross Profit GrossProfit	1335077000	USD
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CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34657000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53708000	USD
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	us-gaap	Income Taxes Paid IncomeTaxesPaid	2907000	USD
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	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	16098000	USD
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	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-12007000	USD
CY2018Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2363210000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1028476000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	11519000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	23084000	USD
CY2016Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	184268000	USD
CY2017Q4	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	186977000	USD
CY2018Q3	us-gaap	Indefinite Lived Franchise Rights IndefiniteLivedFranchiseRights	256004000	USD
CY2017	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
	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	70800000	USD
	us-gaap	Indefinite Lived Intangible Assets Purchase Accounting Adjustments IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments	70828000	USD
	us-gaap	Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit	1801000	USD
CY2017	us-gaap	Indefinitelived Intangible Assets Acquired IndefinitelivedIntangibleAssetsAcquired	495000	USD
CY2017Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	9905000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	23745000	USD
CY2018Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	15010000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	40645000	USD
	us-gaap	Interest Paid Net InterestPaidNet	51160000	USD
	us-gaap	Interest Paid Net InterestPaidNet	88938000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	2132744000	USD
CY2018Q3	us-gaap	Inventory Net InventoryNet	2275965000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3599848000	USD
CY2018Q3	us-gaap	Liabilities Liabilities	3969427000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4683066000	USD
CY2018Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5174569000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2300981000	USD
CY2018Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1287052000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	18876000	USD
CY2018Q3	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	33856000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	192676000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	109494000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-464917000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-514601000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	260536000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	379286000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	51886000	USD
	us-gaap	Net Income Loss NetIncomeLoss	155813000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	93107000	USD
	us-gaap	Net Income Loss NetIncomeLoss	205828000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	86902000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	10769000	USD
	us-gaap	Notes Issued1 NotesIssued1	1748000	USD
	us-gaap	Notes Issued1 NotesIssued1	125055000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	105952000	USD
CY2018Q3	us-gaap	Other Assets Current OtherAssetsCurrent	47648000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	271818000	USD
CY2018Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	487171000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	111003000	USD
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	123631000	USD
CY2017Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	12512000	USD
CY2018Q3	us-gaap	Other Long Term Debt OtherLongTermDebt	27403000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1125000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	11357000	USD
CY2018Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2389000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5422000	USD
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	0	USD
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	772000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	31521000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	81622000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4517000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	477000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	19803000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	20915000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	400558000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	374026000	USD
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	7929000	USD
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	62126000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72174000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	113386000	USD
CY2017Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2018Q3	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	3417000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	32893000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5577000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	7416000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	395905000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	62140000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1306000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1964490000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	12327000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2044000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1185169000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1248692000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1432853000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1860222000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	922662000	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1109017000	USD
CY2017Q3	us-gaap	Revenues Revenues	2680342000	USD
	us-gaap	Revenues Revenues	7383479000	USD
CY2018Q3	us-gaap	Revenues Revenues	3091952000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8396000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	9776000	USD
CY2018Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	309024000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	939868000	USD
	us-gaap	Revenues Revenues	8848168000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	282241000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	782303000	USD
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	29875	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	1083218000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	1205142000	USD
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
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24258000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24767000	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
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24164000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24670000	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 February 2016, the FASB issued ASU 2016-02, "Leases." ASU 2016-02 increases transparency and comparability among organizations by recognizing right of use 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 will adopt this accounting standard update effective January 1, 2019. A modified retrospective transition approach is required for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. We expect to adopt this guidance using the effective date as our date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates prior to January 1, 2019. We expect to elect the 'package of practical expedients,' which permits us to not reassess under the new standard our prior conclusions about lease identification, lease classification and initial direct costs. We currently expect to elect the short-term lease recognition exemption for all leases that qualify. 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>
	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>

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$LAD
LITHIA MOTORS INC Stock $lad

2018 Q3 Form 10-Q Financial Statement

#000102312818000073 Filed on October 26, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD LITHIA MOTORS INC Stock $lad

2018 Q3 Form 10-Q Financial Statement

#000102312818000073 Filed on October 26, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD
LITHIA MOTORS INC Stock $lad