2023 Q1 Form 10-K Financial Statement

#000102312823000053 Filed on February 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q3
Revenue $6.974B $6.947B $7.296B
YoY Change 4.0% 10.1% 18.25%
Cost Of Revenue $5.783B $5.741B $5.982B
YoY Change 6.56% 13.34% 20.09%
Gross Profit $1.191B $1.205B $1.314B
YoY Change -6.84% -3.11% 10.52%
Gross Profit Margin 17.07% 17.35% 18.01%
Selling, General & Admin $755.9M $798.5M $714.7M
YoY Change 4.1% 12.93% 6.15%
% of Gross Profit 63.48% 66.26% 54.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.30M $50.60M $41.90M
YoY Change 20.66% 41.34% 21.8%
% of Gross Profit 3.97% 4.2% 3.19%
Operating Expenses $803.2M $839.6M $756.6M
YoY Change 10.62% 13.02% 12.37%
Operating Profit $387.5M $365.5M $557.6M
YoY Change -24.43% -27.03% 16.29%
Interest Expense -$67.20M -$41.00M -$60.60M
YoY Change 34.67% -174.82% 10.58%
% of Operating Profit -17.34% -11.22% -10.87%
Other Income/Expense, Net $2.500M $400.0K -$6.800M
YoY Change -131.25% -100.32% -73.54%
Pretax Income $314.3M $336.1M $455.7M
YoY Change -33.1% -22.16% 7.93%
Income Tax $84.70M $86.30M $125.4M
% Of Pretax Income 26.95% 25.68% 27.52%
Net Earnings $228.7M $247.6M $329.6M
YoY Change -33.17% -14.94% 7.05%
Net Earnings / Revenue 3.28% 3.56% 4.52%
Basic Earnings Per Share $8.32 $11.97
Diluted Earnings Per Share $8.32 $9.04 $11.94M
COMMON SHARES
Basic Shares Outstanding 27.34M shares 27.34M shares 27.53M shares
Diluted Shares Outstanding 27.50M shares 27.60M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $299.4M $246.7M $233.0M
YoY Change 85.5% 41.13% 69.09%
Cash & Equivalents $324.7M $271.5M $233.0M
Short-Term Investments
Other Short-Term Assets $149.6M $161.7M $135.4M
YoY Change 46.52% 156.67% 20.36%
Inventory $3.856B $3.409B $3.309B
Prepaid Expenses
Receivables $843.1M $813.1M $1.009B
Other Receivables $8.500M $0.00 $0.00
Total Short-Term Assets $5.148B $4.631B $4.687B
YoY Change 32.52% 31.06% 52.39%
LONG-TERM ASSETS
Property, Plant & Equipment $4.194B $3.957B $3.473B
YoY Change 15.28% 14.73% 47.61%
Goodwill $1.516B $1.461B $1.463B
YoY Change 48.75% 49.46% 97.64%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.050B $914.7M $2.585B
YoY Change -59.34% -61.71% -15.53%
Total Long-Term Assets $11.27B $10.38B $9.388B
YoY Change 37.55% 36.28% 31.68%
TOTAL ASSETS
Total Short-Term Assets $5.148B $4.631B $4.687B
Total Long-Term Assets $11.27B $10.38B $9.388B
Total Assets $16.42B $15.01B $14.07B
YoY Change 35.93% 34.63% 37.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $320.0M $258.4M $241.3M
YoY Change 22.84% 9.77% -2.74%
Accrued Expenses $881.7M $782.7M $809.0M
YoY Change -1.03% 3.86% 14.18%
Deferred Revenue
YoY Change
Short-Term Debt $2.664B $2.117B $1.663B
YoY Change 91.53% 77.85% 63.3%
Long-Term Debt Due $82.10M $20.50M $113.4M
YoY Change -70.96% -90.84% -45.19%
Total Short-Term Liabilities $3.948B $3.178B $2.827B
YoY Change 39.75% 32.27% 29.55%
LONG-TERM LIABILITIES
Long-Term Debt $5.845B $5.511B $5.222B
YoY Change 72.16% 72.98% 101.94%
Other Long-Term Liabilities $194.1M $207.2M $997.4M
YoY Change 23.79% 36.95% 502.29%
Total Long-Term Liabilities $194.1M $207.2M $6.220B
YoY Change 23.79% 36.95% 3655.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.948B $3.178B $2.827B
Total Long-Term Liabilities $194.1M $207.2M $6.220B
Total Liabilities $10.94B $9.756B $9.046B
YoY Change 53.25% 50.46% 60.77%
SHAREHOLDERS EQUITY
Retained Earnings $4.283B $4.065B $3.829B
YoY Change 34.19% 42.17% 48.47%
Common Stock $1.160B $1.159B $1.176B
YoY Change -32.11% -34.52% 2215.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.437B $5.206B $5.028B
YoY Change
Total Liabilities & Shareholders Equity $16.42B $15.01B $14.07B
YoY Change 35.93% 34.63% 37.92%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $228.7M $247.6M $329.6M
YoY Change -33.17% -14.94% 7.05%
Depreciation, Depletion And Amortization $47.30M $50.60M $41.90M
YoY Change 20.66% 41.34% 21.8%
Cash From Operating Activities -$49.00M -$92.60M -$254.4M
YoY Change -286.31% -51.77% -135.06%
INVESTING ACTIVITIES
Capital Expenditures $38.90M $93.30M -$73.20M
YoY Change -35.91% -240.72% -9.74%
Acquisitions $387.4M
YoY Change 18.65%
Other Investing Activities -$375.0M -$219.2M -$161.4M
YoY Change 26.43% -16.02% -75.58%
Cash From Investing Activities -$413.9M -$312.5M -$234.6M
YoY Change 15.84% -4.52% -68.38%
FINANCING ACTIVITIES
Cash Dividend Paid $11.50M
YoY Change 11.65%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $509.9M 435.9M 615.4M
YoY Change 61.36% -21.6% -198.06%
NET CHANGE
Cash From Operating Activities -$49.00M -92.60M -254.4M
Cash From Investing Activities -$413.9M -312.5M -234.6M
Cash From Financing Activities $509.9M 435.9M 615.4M
Net Change In Cash $53.20M 30.80M 126.4M
YoY Change -500.0% -16.08% -119.63%
FREE CASH FLOW
Cash From Operating Activities -$49.00M -$92.60M -$254.4M
Capital Expenditures $38.90M $93.30M -$73.20M
Free Cash Flow -$87.90M -$185.9M -$181.2M
YoY Change 155.52% 47.89% -122.46%

Facts In Submission

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CY2021 us-gaap Profit Loss
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CY2021 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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CY2020 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 lad Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Share Based Compensation
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CY2022 us-gaap Gain Loss On Sale Of Business
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CY2020 us-gaap Gain Loss On Sale Of Business
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CY2022 us-gaap Deferred Income Taxes And Tax Credits
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OperatingLeaseRightOfUseAssetAmortizationExpense
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CY2022 us-gaap Increase Decrease In Finance Receivables
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CY2020 us-gaap Increase Decrease In Finance Receivables
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CY2020 us-gaap Payments To Acquire Notes Receivable
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CY2020 us-gaap Proceeds From Collection Of Notes Receivable
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Other Investments
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CY2020 us-gaap Repayments Of Notes Payable
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CY2020 us-gaap Payments Of Debt Issuance Costs
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments Of Dividends
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CY2020 us-gaap Payments Of Dividends
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CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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78600000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178500000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162500000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84000000.0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271500000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178500000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162500000 usd
CY2022Q4 us-gaap Cash
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CY2021Q4 us-gaap Cash
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CY2020Q4 us-gaap Cash
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CY2022Q4 lad Restricted Cash From Collections On Loans Receivable
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CY2021Q4 lad Restricted Cash From Collections On Loans Receivable
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21800000 usd
CY2020Q4 lad Restricted Cash From Collections On Loans Receivable
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CY2022Q4 lad Cash And Restricted Cash
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CY2021Q4 lad Cash And Restricted Cash
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CY2020Q4 lad Cash And Restricted Cash
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162500000 usd
CY2022Q4 lad Restricted Cash On Deposit In Reserve Accounts
RestrictedCashOnDepositInReserveAccounts
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CY2021Q4 lad Restricted Cash On Deposit In Reserve Accounts
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CY2020Q4 lad Restricted Cash On Deposit In Reserve Accounts
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271500000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178500000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162500000 usd
CY2022 us-gaap Interest Paid Net
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209900000 usd
CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
449300000 usd
CY2021 us-gaap Income Taxes Paid
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369100000 usd
CY2020 us-gaap Income Taxes Paid
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135000000.0 usd
CY2022 lad Cash Paidfor Repaymentsof Debt Dueto Disposal Group
CashPaidforRepaymentsofDebtDuetoDisposalGroup
29500000 usd
CY2021 lad Cash Paidfor Repaymentsof Debt Dueto Disposal Group
CashPaidforRepaymentsofDebtDuetoDisposalGroup
8700000 usd
CY2020 lad Cash Paidfor Repaymentsof Debt Dueto Disposal Group
CashPaidforRepaymentsofDebtDuetoDisposalGroup
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CY2022 us-gaap Notes Issued1
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CY2021 us-gaap Notes Issued1
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CY2020 us-gaap Notes Issued1
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CY2022 lad Contingent Consideration In Connection With Acquisitions Noncash Activity
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22400000 usd
CY2021 lad Contingent Consideration In Connection With Acquisitions Noncash Activity
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900000 usd
CY2020 lad Contingent Consideration In Connection With Acquisitions Noncash Activity
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14300000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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CY2020 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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CY2022 lad Acquisition Of Finance Leases In Connection With Acquisitions Noncash Activities
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78200000 usd
CY2021 lad Acquisition Of Finance Leases In Connection With Acquisitions Noncash Activities
AcquisitionOfFinanceLeasesInConnectionWithAcquisitionsNoncashActivities
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CY2020 lad Acquisition Of Finance Leases In Connection With Acquisitions Noncash Activities
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227500000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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44700000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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171800000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
55400000 usd
CY2022Q4 us-gaap Number Of Stores
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296 store
CY2022Q4 lad Number Of New Vehicle Brands
NumberOfNewVehicleBrands
48 brand
CY2022Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
2 country
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
28 state
CY2022 lad Number Of Provinces
NumberOfProvinces
3 province
CY2022 lad Accounts Receivable Threshold To Bear Interest Period
AccountsReceivableThresholdToBearInterestPeriod
P60D
CY2022Q4 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P120D
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2600000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1600000 usd
CY2022 lad Advertising Expense Gross
AdvertisingExpenseGross
299900000 usd
CY2021 lad Advertising Expense Gross
AdvertisingExpenseGross
197800000 usd
CY2020 lad Advertising Expense Gross
AdvertisingExpenseGross
121300000 usd
CY2022 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
46300000 usd
CY2021 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
35600000 usd
CY2020 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
23900000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
253600000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
162200000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
97400000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#00497f;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Concentration of Risk and Uncertainties</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%">We purchase substantially all of our new vehicles and inventory from various manufacturers at the prevailing prices charged by auto manufacturers to all franchised dealers. Our overall sales could be impacted by the auto manufacturers’ inability or unwillingness to supply dealerships with an adequate supply of popular models.</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%">We depend on our manufacturers to provide a supply of vehicles which supports expected sales levels. In the event that manufacturers are unable to supply the needed level of vehicles, our financial performance may be adversely impacted. </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%">We depend on our manufacturers to deliver high-quality, defect-free vehicles. In the event that manufacturers experience future quality issues, our financial performance may be adversely impacted. </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%">We are subject to a concentration of risk in the event of financial distress, including potential reorganization or bankruptcy, of a major vehicle manufacturer. Our sales volume could be materially adversely impacted by the manufacturers’ or distributors’ inability to supply the stores with an adequate supply of vehicles. We also receive incentives and rebates from our manufacturers, including cash allowances, financing programs, discounts, holdbacks and other incentives. These incentives are recorded as accounts receivable in our Consolidated Balance Sheets until payment is received. Our financial condition could be materially adversely impacted by the manufacturers’ or distributors’ inability to continue to offer these incentives and rebates at substantially similar terms, or to pay our outstanding receivables. </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%">We enter into franchise agreements with the manufacturers. The franchise agreements generally limit the location of the dealership and provide the auto manufacturer approval rights over changes in dealership management and ownership. The auto manufacturers are also entitled to terminate the franchise agreement if the dealership is in material breach of the terms. Our ability to expand operations depends, in part, on obtaining consents of the manufacturers for the acquisition of additional dealerships. See also “Goodwill” and “Franchise Value” above. </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%">We have a variety of syndicated credit facilities with several of the included financial institutions also providing vehicle financing for certain new vehicles, vehicles that are designated for use as service loaners and mortgage </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%">financing. These credit facilities are the primary source of floor plan financing for our new vehicle inventory and also provides used vehicle financing and a revolving line of credit. The terms of the facilities extends through various dates through April 2026. At maturity, our financial condition could be materially adversely impacted if lenders are unable to provide credit that has typically been extended to us or with terms unacceptable to us. Our financial condition could be materially adversely impacted if these providers incur losses in the future or undergo funding limitations. See Note 9 – Credit Facilities and Long-Term Debt.</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%">We anticipate continued organic growth and growth through acquisitions. This growth will require additional credit which may be unavailable or with terms unacceptable to us. If these events were to occur, we may not be able to borrow sufficient funds to facilitate our growth.</span></div>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#00497f;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Use of Estimates</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%">The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and related notes to financial statements. Changes in such estimates may affect amounts reported in future periods. </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%">Estimates are used in the calculation of certain reserves maintained for charge-backs on estimated cancellations of service contracts; life, accident and disability insurance policies; finance fees from customer financing contracts and uncollectible accounts receivable.</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%">Estimates are also used in our allowance for loan and lease losses, which represents the net credit losses expected over the remaining contractual life of our finance receivables. Because net loss performance can vary substantially over time, estimating net losses requires assumptions about matters that are uncertain. The allowance for loan and lease losses is determined using a net loss timing curve, primarily based on the composition of the portfolio of managed receivables and historical gross loss and recovery trends. Determining the appropriateness of the allowance for loan and lease losses requires management to exercise judgement about matters that are inherently uncertain, including the timing and distribution of net losses that could materially affect the allowance or loan and lease losses and, therefore, net earnings.</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%">We also use estimates in the calculation of various expenses, accruals and reserves, including anticipated losses related to workers’ compensation insurance; anticipated losses related to self-insurance components of our property and casualty and medical insurance; self-insured lifetime lube, oil and filter service contracts; discretionary employee bonuses, the Transition Agreement with Sidney B. DeBoer, our Chairman of the Board; warranties provided on certain products and services; legal reserves and stock-based compensation. We also make certain estimates regarding the assessment of the recoverability of long-lived assets, indefinite-lived intangible assets and deferred tax assets.</span></div>We offer a limited warranty on the sale of most retail used vehicles. This warranty is based on mileage and time. We also offer a mileage and time based warranty on parts used in our service repair work and on tire purchases. The cost that may be incurred for these warranties is estimated at the time the related revenue is recorded. A reserve for these warranty liabilities is estimated based on current sales levels, warranty experience rates and estimated costs per claim. The annual activity for reserve increases and claims is immaterial.
CY2022Q4 us-gaap Product Warranty Accrual
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300000 usd
CY2021Q4 us-gaap Product Warranty Accrual
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600000 usd
CY2022 lad Revenue From Contract With Customer Return Policy Period
RevenueFromContractWithCustomerReturnPolicyPeriod
P30D
CY2022Q4 us-gaap Contract With Customer Liability
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CY2021Q4 us-gaap Contract With Customer Liability
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239000000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
44600000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
35000000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
12500000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9600000 usd
CY2022 us-gaap Prior Period Reclassification Adjustment Description
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<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 reclassifications of amounts previously reported have been made to the accompanying Consolidated Financial Statements to maintain consistency and comparability between periods presented. We reclassified certain components within our Consolidated Balance Sheets and Consolidated Statements of Cash Flows, to present activity and balances associated with Finance Receivables and Non-Recourse Notes Payable. We also reclassified components of our Consolidated Statements of Operations to present Finance Operations Income, and to change our presentation of segment reporting.</span></div>
CY2022Q4 us-gaap Inventory Net
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3409400000 usd
CY2021Q4 us-gaap Accounts Receivable Gross
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689200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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3100000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Accounts Receivable Net Current
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CY2021Q4 us-gaap Accounts Receivable Net Current
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685500000 usd
CY2022Q4 lad Property Plant And Equipment And Finance Lease Right Of Use Asset Net Before Construction In Progress
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetNetBeforeConstructionInProgress
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CY2021Q4 us-gaap Inventory Net
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CY2022Q4 lad Floor Plan Notes Payable Non Trade
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1489400000 usd
CY2021Q4 lad Floor Plan Notes Payable Non Trade
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835900000 usd
CY2022Q4 lad Floor Plan Notes Payable
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627200000 usd
CY2021Q4 lad Floor Plan Notes Payable
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354200000 usd
CY2022Q4 lad Floor Plan Debt
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2116600000 usd
CY2021Q4 lad Floor Plan Debt
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CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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4013800000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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3381300000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
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526800000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
422600000 usd
CY2021Q4 lad Property Plant And Equipment And Finance Lease Right Of Use Asset Net Before Construction In Progress
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2958700000 usd
CY2022Q4 us-gaap Construction In Progress Gross
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87600000 usd
CY2021Q4 us-gaap Construction In Progress Gross
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93900000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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3574600000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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0 usd
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent
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CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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25000000.0 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
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CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
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803300000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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25000000.0 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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12900000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
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CY2021 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
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16600000 usd
CY2022 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
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CY2021 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
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CY2022 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
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87200000 usd
CY2021 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
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19900000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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69300000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent
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25000000.0 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent
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2256900000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossNoncurrent
828300000 usd
CY2020Q4 us-gaap Goodwill
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593000000.0 usd
CY2021 us-gaap Goodwill Acquired During Period
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CY2021 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2021Q4 us-gaap Goodwill
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CY2022 us-gaap Goodwill Acquired During Period
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500400000 usd
CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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17900000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
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900000 usd
CY2022Q4 us-gaap Goodwill
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1460700000 usd
CY2008Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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299300000 usd
CY2021 us-gaap Goodwill Acquired During Period
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395500000 usd
CY2022 us-gaap Goodwill Acquired During Period
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CY2022Q4 lad Net Investment In Operating Leases Gross
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92200000 usd
CY2021Q4 lad Net Investment In Operating Leases Gross
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66000000.0 usd
CY2022Q4 lad Net Investment In Operating Leases Accumulated Depreciation
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7600000 usd
CY2021Q4 lad Net Investment In Operating Leases Accumulated Depreciation
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900000 usd
CY2022Q4 lad Net Investment In Operating Leases
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84600000 usd
CY2021Q4 lad Net Investment In Operating Leases
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65100000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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CY2022Q4 us-gaap Operating Lease Liability
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398300000 usd
CY2021Q4 us-gaap Operating Lease Liability
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410700000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
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2000000.0 usd
CY2021Q4 us-gaap Finance Lease Liability Current
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16300000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
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54400000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
37300000 usd
CY2022Q4 us-gaap Finance Lease Liability
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56400000 usd
CY2021Q4 us-gaap Finance Lease Liability
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53600000 usd
CY2022Q4 lad Lease Liability
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454700000 usd
CY2021Q4 lad Lease Liability
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464300000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
75900000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
58700000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0431
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0412
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0485
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0242
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
77900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
53100000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
5600000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3500000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4200000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5900000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3700000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4200000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
7500000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
6400000 usd
CY2022 us-gaap Lease Cost
LeaseCost
83900000 usd
CY2021 us-gaap Lease Cost
LeaseCost
60300000 usd
CY2020 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
41200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
70500000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
63700000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
10200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
59700000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
22200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
50200000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
44600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3000000.0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
235600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
26900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
524300000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
69800000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
126000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
13400000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
398300000 usd
CY2022Q4 us-gaap Finance Lease Liability
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56400000 usd
CY2022Q4 lad Charge Backs Liabilities
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CY2022Q4 lad Charge Backs Future Minimum Payments Due In One Year
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CY2022Q4 lad Charge Backs Future Minimum Payments Due In Two Years
ChargeBacksFutureMinimumPaymentsDueInTwoYears
41100000 usd
CY2022Q4 lad Charge Backs Future Minimum Payments Due In Three Years
ChargeBacksFutureMinimumPaymentsDueInThreeYears
18600000 usd
CY2022Q4 lad Charge Backs Future Minimum Payments Due In Four Years
ChargeBacksFutureMinimumPaymentsDueInFourYears
6400000 usd
CY2022Q4 lad Charge Backs Future Minimum Payments Due In Five Years
ChargeBacksFutureMinimumPaymentsDueInFiveYears
1400000 usd
CY2022Q4 lad Charge Backs Future Minimum Payments Due Thereafter
ChargeBacksFutureMinimumPaymentsDueThereafter
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CY2022Q4 lad Charge Backs Liabilities
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147600000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
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284900000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
58500000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
47000000.0 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
37500000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
29800000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
24000000.0 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
88100000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
284900000 usd
CY2022Q4 us-gaap Self Insurance Reserve
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67400000 usd
CY2021Q4 us-gaap Self Insurance Reserve
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56400000 usd
CY2022Q4 us-gaap Finance Lease Liability
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56400000 usd
CY2021Q4 us-gaap Finance Lease Liability
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53600000 usd
CY2022Q4 lad Debt Covenant Fixed Charge Coverage Ratio
DebtCovenantFixedChargeCoverageRatio
1.20
CY2022Q4 lad Fixed Charge Coverage Ratio
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5.81
CY2022Q4 lad Debt Covenant Leverage Ratio
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5.75
CY2022Q4 lad Leverage Ratio
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1.36
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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29900000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
18800000 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
9000000 usd
CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1100000 usd
CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
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CY2020 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
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CY2022 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
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CY2021 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
900000 usd
CY2020 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
900000 usd
CY2022 lad Guaranteed Annual Return
GuaranteedAnnualReturn
0.0500
CY2021 lad Guaranteed Annual Return
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0.0500
CY2020 lad Guaranteed Annual Return
GuaranteedAnnualReturn
0.0500
CY2022 lad Common Stock Number Of Votes
CommonStockNumberOfVotes
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CY2022Q4 lad Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
450000000 usd
CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
501400000 usd
CY2022 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2428850 shares
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
756883 shares
CY2020 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
563953 shares
CY2022 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
671400000 usd
CY2021 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
214800000 usd
CY2020 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
46100000 usd
CY2022 lad Stock Repurchased And Retired During The Period Average Purchase Price Per Share
StockRepurchasedAndRetiredDuringThePeriodAveragePurchasePricePerShare
276.42
CY2021 lad Stock Repurchased And Retired During The Period Average Purchase Price Per Share
StockRepurchasedAndRetiredDuringThePeriodAveragePurchasePricePerShare
283.75
CY2020 lad Stock Repurchased And Retired During The Period Average Purchase Price Per Share
StockRepurchasedAndRetiredDuringThePeriodAveragePurchasePricePerShare
81.71
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2020Q1 us-gaap Dividends Common Stock
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7000000.0 usd
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2020Q2 us-gaap Dividends Common Stock
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6800000 usd
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2020Q3 us-gaap Dividends Common Stock
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7100000 usd
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2020Q4 us-gaap Dividends Common Stock
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8200000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2021Q1 us-gaap Dividends Common Stock
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8200000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q2 us-gaap Dividends Common Stock
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9300000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q3 us-gaap Dividends Common Stock
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10600000 usd
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2021Q4 us-gaap Dividends Common Stock
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10600000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2022Q1 us-gaap Dividends Common Stock
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10300000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q2 us-gaap Dividends Common Stock
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11900000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2022Q3 us-gaap Dividends Common Stock
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11600000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
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0.42
CY2022Q4 us-gaap Dividends Common Stock
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CY2021Q3 lad Redeemable Non Controlling Interest Redemption Feature Period
RedeemableNonControllingInterestRedemptionFeaturePeriod
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
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294.32
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
312.83
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
130.89
CY2022 lad Weighted Average Per Share Discount For Compensation Expense Recognized Under The2009 Espp
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38.57
CY2021 lad Weighted Average Per Share Discount For Compensation Expense Recognized Under The2009 Espp
WeightedAveragePerShareDiscountForCompensationExpenseRecognizedUnderThe2009ESPP
50.58
CY2020 lad Weighted Average Per Share Discount For Compensation Expense Recognized Under The2009 Espp
WeightedAveragePerShareDiscountForCompensationExpenseRecognizedUnderThe2009ESPP
22.97
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
110800000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
107500000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
108500000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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12400000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11900000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3700000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
34400000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
29600000 usd
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
14800000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
43700000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
41800000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
13600000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
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-39200000 usd
CY2021 us-gaap Unrealized Gain Loss On Investments
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CY2021Q3 lad Franchise Value Impairment
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CY2020Q2 lad Franchise Value Impairment
FranchiseValueImpairment
4400000 usd
CY2020Q2 us-gaap Goodwill Impairment Loss
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CY2022 us-gaap Current Federal Tax Expense Benefit
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269200000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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50300000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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159200000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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13500000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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3800000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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7700000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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1100000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
94600000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
43100000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022Q4 us-gaap Income Tax Receivable
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CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
136200000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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76900000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
85400000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
40400000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Tax Credits
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CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
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CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
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CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1400000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
500000 usd
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
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1800000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
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126600000 usd
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
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95300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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71300000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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CY2022Q4 lad Deferred Tax Assets Lease Liability
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CY2022Q4 us-gaap Deferred Tax Assets Other
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5100000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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27900000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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3700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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51400000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
26400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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282700000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
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251100000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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39200000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
20100000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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157700000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
112300000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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233000000.0 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q4 lad Deferred Tax Liabilities Right Of Use Asset
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CY2021Q4 lad Deferred Tax Liabilities Right Of Use Asset
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CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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