$LAD
LITHIA MOTORS INC Stock $lad

$lad Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000102312823000148 Filed on October 27, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$7.674B	$8.277B
YoY Change	10.48%	13.45%
Cost Of Revenue	$6.416B	$6.906B
YoY Change	11.74%	15.45%
Gross Profit	$1.259B	$1.371B
YoY Change	4.45%	4.34%
Gross Profit Margin	16.4%	16.57%
Selling, General & Admin	$853.6M	$850.8M
YoY Change	6.9%	19.04%
% of Gross Profit	67.82%	62.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$49.40M	$54.90M
YoY Change	-2.37%	31.03%
% of Gross Profit	3.92%	4.0%
Operating Expenses	$903.0M	$850.8M
YoY Change	7.55%	12.45%
Operating Profit	$355.7M	$465.3M
YoY Change	-2.68%	-16.55%
Interest Expense	-$109.9M	-$98.00M
YoY Change	168.05%	61.72%
% of Operating Profit	-30.9%	-21.06%
Other Income/Expense, Net	$17.10M	-$5.300M
YoY Change	4175.0%	-22.06%
Pretax Income	$279.7M	$361.3M
YoY Change	-16.78%	-20.72%
Income Tax	$63.50M	$96.40M
% Of Pretax Income	22.7%	26.68%
Net Earnings	$213.5M	$261.5M
YoY Change	-13.77%	-20.66%
Net Earnings / Revenue	2.78%	3.16%
Basic Earnings Per Share		$9.49
Diluted Earnings Per Share	$7.74	$9.46
COMMON SHARES
Basic Shares Outstanding	27.52M shares	27.56M shares
Diluted Shares Outstanding		27.60M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$825.0M	$256.0M
YoY Change	234.41%	9.87%
Cash & Equivalents	$972.0M	$286.7M
Short-Term Investments
Other Short-Term Assets	$136.8M	$158.2M
YoY Change	-15.4%	16.84%
Inventory	$4.754B	$4.405B
Prepaid Expenses
Receivables	$1.123B	$999.3M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$6.955B	$5.818B
YoY Change	50.19%	24.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.460B	$4.420B
YoY Change	12.73%	27.27%
Goodwill	$1.931B	$1.726B
YoY Change	32.17%	17.94%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$642.0M	$1.056B
YoY Change	-29.81%	-59.14%
Total Long-Term Assets	$12.68B	$12.45B
YoY Change	22.18%	32.64%
TOTAL ASSETS
Total Short-Term Assets	$6.955B	$5.818B
Total Long-Term Assets	$12.68B	$12.45B
Total Assets	$19.63B	$18.27B
YoY Change	30.83%	29.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$288.0M	$307.3M
YoY Change	11.46%	27.35%
Accrued Expenses	$899.1M	$872.2M
YoY Change	14.87%	7.81%
Deferred Revenue
YoY Change
Short-Term Debt	$3.636B	$3.125B
YoY Change	71.76%	87.92%
Long-Term Debt Due	$109.6M	$71.00M
YoY Change	434.63%	-37.39%
Total Short-Term Liabilities	$4.932B	$4.375B
YoY Change	55.19%	54.79%
LONG-TERM LIABILITIES
Long-Term Debt	$7.155B	$6.589B
YoY Change	29.85%	26.17%
Other Long-Term Liabilities	$220.7M	$243.3M
YoY Change	6.52%	-75.61%
Total Long-Term Liabilities	$220.7M	$243.3M
YoY Change	6.52%	-96.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.932B	$4.375B
Total Long-Term Liabilities	$220.7M	$243.3M
Total Liabilities	$13.35B	$12.20B
YoY Change	36.84%	34.89%
SHAREHOLDERS EQUITY
Retained Earnings	$5.013B	$4.814B
YoY Change	23.32%	25.71%
Common Stock	$1.181B	$1.198B
YoY Change	1.86%	1.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.214B	$5.996B
YoY Change
Total Liabilities & Shareholders Equity	$19.63B	$18.27B
YoY Change	30.83%	29.81%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$213.5M	$261.5M
YoY Change	-13.77%	-20.66%
Depreciation, Depletion And Amortization	$49.40M	$54.90M
YoY Change	-2.37%	31.03%
Cash From Operating Activities	-$295.2M	$121.5M
YoY Change	218.79%	-147.76%
INVESTING ACTIVITIES
Capital Expenditures	$66.50M	$66.60M
YoY Change	-28.72%	-190.98%
Acquisitions
YoY Change
Other Investing Activities	$36.50M	-$173.5M
YoY Change	-116.65%	7.5%
Cash From Investing Activities	-$30.00M	-$240.1M
YoY Change	-90.4%	2.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	982.8M	178.5M
YoY Change	125.46%	-70.99%
NET CHANGE
Cash From Operating Activities	-295.2M	121.5M
Cash From Investing Activities	-30.00M	-240.1M
Cash From Financing Activities	982.8M	178.5M
Net Change In Cash	657.6M	59.90M
YoY Change	2035.06%	-52.61%
FREE CASH FLOW
Cash From Operating Activities	-$295.2M	$121.5M
Capital Expenditures	$66.50M	$66.60M
Free Cash Flow	-$361.7M	$54.90M
YoY Change	94.57%	-130.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Registrant Name EntityRegistrantName	LITHIA MOTORS INC
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OR
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	93-0572810
	dei	Entity Address Address Line1 EntityAddressAddressLine1	150 N. Bartlett Street
	dei	Entity Address City Or Town EntityAddressCityOrTown	Medford,
	dei	Entity Address State Or Province EntityAddressStateOrProvince	OR
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	97501
	dei	City Area Code CityAreaCode	541
	dei	Local Phone Number LocalPhoneNumber	776-6401
	dei	Security12b Title Security12bTitle	Common stock without par value
	dei	Trading Symbol TradingSymbol	LAD
	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q3	lad	Cash And Restricted Cash CashAndRestrictedCash	256200000	usd
CY2022Q4	lad	Cash And Restricted Cash CashAndRestrictedCash	246700000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	700000	usd
CY2023Q3	lad	Redeemable Noncontrolling Interest Increase Decrease RedeemableNoncontrollingInterestIncreaseDecrease	0	usd
CY2022Q3	lad	Redeemable Noncontrolling Interest Increase Decrease RedeemableNoncontrollingInterestIncreaseDecrease	-500000	usd
	lad	Redeemable Noncontrolling Interest Increase Decrease RedeemableNoncontrollingInterestIncreaseDecrease	0	usd
	lad	Redeemable Noncontrolling Interest Increase Decrease RedeemableNoncontrollingInterestIncreaseDecrease	2000000.0	usd
	lad	Repayments On Floor Plan Notes Payable Net Non Trade RepaymentsOnFloorPlanNotesPayableNetNonTrade	-426700000	usd
	lad	Repayments On Floor Plan Notes Payable Net Non Trade RepaymentsOnFloorPlanNotesPayableNetNonTrade	-429600000	usd
CY2023Q3	us-gaap	Cash Cash	146900000	usd
CY2022Q3	us-gaap	Cash Cash	172700000	usd
CY2023Q3	lad	Restricted Cash From Collections On Loans Receivable RestrictedCashFromCollectionsOnLoansReceivable	109300000	usd
CY2022Q3	lad	Restricted Cash From Collections On Loans Receivable RestrictedCashFromCollectionsOnLoansReceivable	60300000	usd
CY2023Q3	lad	Cash And Restricted Cash CashAndRestrictedCash	256200000	usd
CY2022Q3	lad	Cash And Restricted Cash CashAndRestrictedCash	233000000.0	usd
CY2023Q3	lad	Restricted Cash On Deposit In Reserve Accounts RestrictedCashOnDepositInReserveAccounts	30500000	usd
CY2022Q3	lad	Restricted Cash On Deposit In Reserve Accounts RestrictedCashOnDepositInReserveAccounts	7300000	usd
	lad	Unsettled Repurchases Of Common Stock UnsettledRepurchasesOfCommonStock	0	usd
	lad	Unsettled Repurchases Of Common Stock UnsettledRepurchasesOfCommonStock	9200000	usd
	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 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 Statements of Cash Flows to present activity 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>
CY2023Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	1003800000	usd
CY2022Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	816200000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4500000	usd
CY2022	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	900000	usd
CY2022	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	500400000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	315000000	usd
CY2023Q3	lad	Net Investment In Operating Leases Gross NetInvestmentInOperatingLeasesGross	99700000	usd
CY2022Q4	lad	Net Investment In Operating Leases Gross NetInvestmentInOperatingLeasesGross	92200000	usd
CY2023Q3	lad	Net Investment In Operating Leases Accumulated Depreciation NetInvestmentInOperatingLeasesAccumulatedDepreciation	10200000	usd
CY2022Q4	lad	Net Investment In Operating Leases Accumulated Depreciation NetInvestmentInOperatingLeasesAccumulatedDepreciation	7600000	usd
CY2023Q3	lad	Net Investment In Operating Leases NetInvestmentInOperatingLeases	89500000	usd
CY2022Q4	lad	Net Investment In Operating Leases NetInvestmentInOperatingLeases	84600000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	309900000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	284300000	usd
CY2023Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	13200000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	42200000	usd
CY2023Q3	lad	Lessee Operating Lease Option To Renew LesseeOperatingLeaseOptionToRenew	1	option
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27519538	shares
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	700000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	0	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	0	usd
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	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	1800000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3100000	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	999300000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	813100000	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	4404500000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	3409400000	usd
CY2023Q3	lad	Floor Plan Debt FloorPlanDebt	3124600000	usd
CY2022Q4	lad	Floor Plan Debt FloorPlanDebt	2116600000	usd
CY2023Q3	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossNoncurrent	3205100000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossNoncurrent	2256900000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestNoncurrent	103000000.0	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestNoncurrent	69300000	usd
CY2023Q3	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent	3102100000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent	2187600000	usd
CY2023Q3	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossNoncurrent	3205100000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Noncurrent FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossNoncurrent	2256900000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestNoncurrent	69300000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestNoncurrent	25000000.0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	79100000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	36300000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	35500000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	12200000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate	2300000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate	0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	75000000.0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	51500000	usd
CY2022Q3	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Noncurrent FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestNoncurrent	52400000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff	5000000.0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff	0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff	47100000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff	5700000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff	23000000.0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff	24100000	usd
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	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff	3500000	usd
	lad	Financing Receivable Excluding Accrued Interest Other Financing Receivables Writeoff FinancingReceivableExcludingAccruedInterestOtherFinancingReceivablesWriteoff	1700000	usd
	lad	Financing Receivable Excluding Accrued Interest Other Financing Receivables Writeoff FinancingReceivableExcludingAccruedInterestOtherFinancingReceivablesWriteoff	3000000.0	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	79100000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	36300000	usd
CY2023Q2	us-gaap	Financing Receivable Purchased With Credit Deterioration Amount At Par Value FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue	8000000.0	usd
CY2023Q2	us-gaap	Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate	2300000	usd
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CY2021Q4	us-gaap	Goodwill Goodwill	977300000	usd
CY2022	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	500400000	usd
CY2022	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	17900000	usd
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0	shares
	lad	Stock Repurchased And Retired During The Period Average Purchase Price Per Share StockRepurchasedAndRetiredDuringThePeriodAveragePurchasePricePerShare	0
CY2023Q3	lad	Cumulative Stock Repurchased And Retired During Period Shares CumulativeStockRepurchasedAndRetiredDuringPeriodShares	6904781	shares
CY2023Q3	lad	Cumulative Stock Repurchased And Retired During The Period Average Purchase Price Per Share CumulativeStockRepurchasedAndRetiredDuringThePeriodAveragePurchasePricePerShare	173.59
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	501400000	usd
CY2023Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	4800000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	10500000	usd
CY2022Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	2000000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	10100000	usd
CY2023Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	8317400000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	8284700000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	24560300000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	24102200000	usd
CY2023Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	266100000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	357100000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	838600000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1094700000	usd
CY2023Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	9.65
CY2022Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	12.96
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	30.46
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	38.43
CY2023Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	9.63
CY2022Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	12.91
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	30.40
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	38.29
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	261500000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	329600000	usd
	us-gaap	Net Income Loss NetIncomeLoss	787300000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1003400000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27600000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27500000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27500000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28500000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27600000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27600000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27600000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28600000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	9.49
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	11.97
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	28.60
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	35.23
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	9.46
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	11.92
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	28.54
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	35.10
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	361300000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	455700000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1082600000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1393900000	usd
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

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$LAD
LITHIA MOTORS INC Stock $lad

2023 Q4 Form 10-Q Financial Statement

#000102312823000148 Filed on October 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD LITHIA MOTORS INC Stock $lad

2023 Q4 Form 10-Q Financial Statement

#000102312823000148 Filed on October 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAD
LITHIA MOTORS INC Stock $lad