2021 Q1 Form 10-Q Financial Statement
#000102312821000065 Filed on April 29, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $4.343B | $2.804B |
YoY Change | 54.9% | -1.61% |
Cost Of Revenue | $3.628B | $2.343B |
YoY Change | 54.83% | -2.34% |
Gross Profit | $715.5M | $460.9M |
YoY Change | 55.24% | 2.26% |
Gross Profit Margin | 16.47% | 16.44% |
Selling, General & Admin | $450.4M | $346.0M |
YoY Change | 30.17% | 7.52% |
% of Gross Profit | 62.95% | 75.07% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $26.80M | $22.00M |
YoY Change | 21.82% | 11.11% |
% of Gross Profit | 3.75% | 4.77% |
Operating Expenses | $450.4M | $346.0M |
YoY Change | 30.17% | 7.52% |
Operating Profit | $238.3M | $92.90M |
YoY Change | 156.51% | -14.46% |
Interest Expense | -$30.60M | -$31.00M |
YoY Change | -1.29% | -7.19% |
% of Operating Profit | -12.84% | -33.37% |
Other Income/Expense, Net | $3.400M | $2.300M |
YoY Change | 47.83% | -11.54% |
Pretax Income | $211.4M | $64.20M |
YoY Change | 229.28% | -17.48% |
Income Tax | $55.20M | $18.00M |
% Of Pretax Income | 26.11% | 28.04% |
Net Earnings | $156.2M | $46.20M |
YoY Change | 238.1% | -18.09% |
Net Earnings / Revenue | 3.6% | 1.65% |
Basic Earnings Per Share | $5.86 | $1.99 |
Diluted Earnings Per Share | $5.81 | $1.97 |
COMMON SHARES | ||
Basic Shares Outstanding | 26.60M shares | 23.30M shares |
Diluted Shares Outstanding | 26.90M shares | 23.50M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $170.3M | $56.60M |
YoY Change | 200.88% | 25.78% |
Cash & Equivalents | $170.3M | $56.60M |
Short-Term Investments | ||
Other Short-Term Assets | $48.20M | $58.20M |
YoY Change | -17.18% | 14.34% |
Inventory | $2.330B | $2.513B |
Prepaid Expenses | ||
Receivables | $910.0M | $504.5M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $3.289B | $2.926B |
YoY Change | 12.41% | -3.37% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.221B | $1.632B |
YoY Change | 36.13% | 12.18% |
Goodwill | $617.5M | $457.7M |
YoY Change | 34.91% | 0.2% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.498B | $382.5M |
YoY Change | 291.5% | 96.36% |
Total Long-Term Assets | $4.963B | $3.152B |
YoY Change | 57.47% | 20.48% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.289B | $2.926B |
Total Long-Term Assets | $4.963B | $3.152B |
Total Assets | $8.252B | $6.077B |
YoY Change | 35.78% | 7.68% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $199.4M | $108.9M |
YoY Change | 83.1% | -8.72% |
Accrued Expenses | $529.0M | $291.0M |
YoY Change | 81.79% | -6.19% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.822B | $1.986B |
YoY Change | -8.24% | -6.6% |
Long-Term Debt Due | $60.30M | $45.80M |
YoY Change | 31.66% | 86.18% |
Total Short-Term Liabilities | $2.611B | $2.432B |
YoY Change | 7.38% | -5.95% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.124B | $1.490B |
YoY Change | 42.57% | 14.98% |
Other Long-Term Liabilities | $147.9M | $126.9M |
YoY Change | 16.55% | 13.4% |
Total Long-Term Liabilities | $147.9M | $126.9M |
YoY Change | 16.55% | 13.4% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.611B | $2.432B |
Total Long-Term Liabilities | $147.9M | $126.9M |
Total Liabilities | $5.444B | $4.615B |
YoY Change | 17.98% | 3.8% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.986B | $1.397B |
YoY Change | 42.18% | 20.12% |
Common Stock | $36.00M | $26.00M |
YoY Change | 38.46% | -7.14% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.808B | $1.457B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $8.252B | $6.077B |
YoY Change | 35.78% | 7.68% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $156.2M | $46.20M |
YoY Change | 238.1% | -18.09% |
Depreciation, Depletion And Amortization | $26.80M | $22.00M |
YoY Change | 21.82% | 11.11% |
Cash From Operating Activities | $499.5M | $121.7M |
YoY Change | 310.44% | 57.64% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $50.00M | $41.60M |
YoY Change | 20.19% | 42.96% |
Acquisitions | $383.5M | $72.30M |
YoY Change | 430.43% | |
Other Investing Activities | -$392.8M | -$76.70M |
YoY Change | 412.13% | 1137.1% |
Cash From Investing Activities | -$442.8M | -$118.3M |
YoY Change | 274.3% | 235.13% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $8.200M | $7.000M |
YoY Change | 17.14% | 4.48% |
Common Stock Issuance & Retirement, Net | $11.70M | $45.60M |
YoY Change | -74.34% | 5600.0% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$43.50M | -$30.80M |
YoY Change | 41.23% | 8.07% |
NET CHANGE | ||
Cash From Operating Activities | $499.5M | $121.7M |
Cash From Investing Activities | -$442.8M | -$118.3M |
Cash From Financing Activities | -$43.50M | -$30.80M |
Net Change In Cash | $13.40M | -$27.40M |
YoY Change | -148.91% | -304.48% |
FREE CASH FLOW | ||
Cash From Operating Activities | $499.5M | $121.7M |
Capital Expenditures | $50.00M | $41.60M |
Free Cash Flow | $449.5M | $80.10M |
YoY Change | 461.17% | 66.53% |
Facts In Submission
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LITHIA MOTORS INC | |
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150 N. Bartlett Street | |
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|
158000000.0 | USD |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
41100000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2661500000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1456500000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
156200000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
46200000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
26800000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22000000.0 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000.0 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5100000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-300000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-100000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-700000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
100000 | USD |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-300000 | USD |
CY2020Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
10400000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
8200000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
8200000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
6900000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
126700000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-202100000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-244600000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
69800000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
62100000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
8600000 | USD |
CY2021Q1 | lad |
Increase Decrease In Floor Plan Notes Payable
IncreaseDecreaseInFloorPlanNotesPayable
|
-107300000 | USD |
CY2020Q1 | lad |
Increase Decrease In Floor Plan Notes Payable
IncreaseDecreaseInFloorPlanNotesPayable
|
32700000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
47800000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-14600000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
76700000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-47100000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-2100000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
4000000.0 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
496400000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
121700000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
50000000.0 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
41600000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
200000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
9600000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
9300000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
383500000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
72300000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
300000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
4700000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-442800000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-118300000 | USD |
CY2021Q1 | lad |
Repayments On Floor Plan Notes Payable Net Non Trade
RepaymentsOnFloorPlanNotesPayableNetNonTrade
|
74800000 | USD |
CY2020Q1 | lad |
Repayments On Floor Plan Notes Payable Net Non Trade
RepaymentsOnFloorPlanNotesPayableNetNonTrade
|
43500000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
79300000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
430000000.0 | USD |
CY2021Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
18300000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
375000000.0 | USD |
CY2021Q1 | lad |
Repayments Of Long Term Debt And Finance Lease Liabilities Scheduled Payments
RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments
|
8300000 | USD |
CY2020Q1 | lad |
Repayments Of Long Term Debt And Finance Lease Liabilities Scheduled Payments
RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments
|
6500000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
17200000 | USD |
CY2021Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
100000 | USD |
CY2020Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
400000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
4200000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2600000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15900000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
48200000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
8200000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
7000000.0 | USD |
CY2021Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
1400000 | USD |
CY2020Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
0 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-43500000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-30800000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
10100000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-27400000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
160200000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
84000000.0 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
170300000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
56600000 | USD |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
30000000.0 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
31500000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
2500000 | USD |
CY2020Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1300000 | USD |
CY2021Q1 | lad |
Cash Paid For Repayments Of Debt Due To Disposal Group
CashPaidForRepaymentsOfDebtDueToDisposalGroup
|
1400000 | USD |
CY2020Q1 | lad |
Cash Paid For Repayments Of Debt Due To Disposal Group
CashPaidForRepaymentsOfDebtDueToDisposalGroup
|
0 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3400000 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1800000 | USD |
CY2021Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div><span style="color:#00497f;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div> | |
CY2021Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
202300000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
194100000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
9400000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
8200000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
8200000 | USD |
CY2021Q1 | lad |
Accounts Receivable Receipt Of Payment Period
AccountsReceivableReceiptOfPaymentPeriod
|
P10D | |
CY2021Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
921300000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
720900000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
8400000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
5900000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
|
172200000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
|
101000000.0 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
740700000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
614000000.0 | USD |
CY2021Q1 | lad |
Accounts Receivable Threshold To Bear Interest Period
AccountsReceivableThresholdToBearInterestPeriod
|
P60D | |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
2329700000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
2492900000 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
454600000 | USD |
CY2020 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
144900000 | USD |
CY2020 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
3000000.0 | USD |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
3500000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
593000000.0 | USD |
CY2021Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
24500000 | USD |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
617500000 | USD |
CY2008Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
299300000 | USD |
CY2020 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
144900000 | USD |
CY2021Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
24500000 | USD |
CY2019Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
306700000 | USD |
CY2020 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
51900000 | USD |
CY2020 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
4000000.0 | USD |
CY2020 | lad |
Franchise Value Impairment
FranchiseValueImpairment
|
4400000 | USD |
CY2020Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
350200000 | USD |
CY2021Q1 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
17800000 | USD |
CY2021Q1 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
100000 | USD |
CY2021Q1 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
368000000.0 | USD |
CY2020 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
51900000 | USD |
CY2021Q1 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
17800000 | USD |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-300000 | USD |
CY2020Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4343000000.0 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2803800000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
211400000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
64200000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
8251600000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
7902100000 | USD |
CY2021Q1 | lad |
Lessee Operating Lease Option To Renew
LesseeOperatingLeaseOptionToRenew
|
1 | option |
CY2021Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
-2700000 | USD |
CY2021Q1 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
71300000 | USD |
CY2021Q1 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
3800000 | USD |
CY2021Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1300000 | USD |
CY2020Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
500000 | USD |
CY2021Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
4463000000.0 | USD |
CY2020Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
2948200000 | USD |
CY2021Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
160400000 | USD |
CY2020Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
49600000 | USD |
CY2021Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
6.02 | |
CY2020Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
2.13 | |
CY2021Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
5.97 | |
CY2020Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
2.12 | |
CY2021Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
Recent Accounting Pronouncements<div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In December 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2019-12, "Income Taxes (Topic 740) - Simplifying the Accounting for Income Taxes.” The pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. We adopted the new guidance in the first quarter of 2021. The adoption of the guidance did not have a material impact on our consolidated financial statements.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In October 2020, the FASB issued ASU 2020-10, “Codification Improvements.” The pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. We adopted the new guidance in the first quarter of 2021. The adoption of the guidance did not have a material impact on our consolidated financial statements.</span></div> |