XML 54 R38.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Equity [Abstract] |
Schedule of Stock Repurchased and Retired | Share repurchases under our authorizations were as follows:
|  | Repurchases Occurring in 2017 |  | Cumulative Repurchases as of December 31, 2017
|  | Shares |  | Average Price |  | Shares |  | Average Price
2016 Share Repurchase Authorization |  | 329,000 |  |  | $ | 92.79 |  |  | 1,042,725 |  |  | $ | 83.86 |
The following is a summary of our repurchases in the years ended December 31, 2017, 2016 and 2015:
Year Ended December 31, |  | 2017 |  | 2016 |  | 2015
Shares repurchased pursuant to repurchase authorizations |  | 329,000 |  |  | 1,312,848 |  |  | 228,737 |
Total purchase price (in thousands) |  | $ | 30,527 |  |  | $ | 104,370 |  |  | $ | 24,676 |
Average purchase price per share |  | $ | 92.79 |  |  | $ | 79.50 |  |  | $ | 107.88 |
Shares repurchased in association with tax withholdings on the vesting of RSUs |  | 32,457 |  |  | 94,826 |  |  | 77,649 |
Schedule of Dividends Declared | We declared and paid dividends on our Class A and Class B Common Stock as follows:
Quarter declared |  | Dividend amount per Class A and Class B share |  | Total amount of dividends paid (in thousands)
2015 |  |  |  |
First quarter |  | $ | 0.16 |  |  | $ | 4,216 |
Second quarter |  | 0.20 |  |  | 5,266 |
Third quarter |  | 0.20 |  |  | 5,257 |
Fourth quarter |  | 0.20 |  |  | 5,246 |
2016 |  |  |  |
First quarter |  | $ | 0.20 |  |  | $ | 5,151 |
Second quarter |  | 0.25 |  |  | 6,373 |
Third quarter |  | 0.25 |  |  | 6,299 |
Fourth quarter |  | 0.25 |  |  | 6,308 |
2017 |  |  |  |
First quarter |  | $ | 0.25 |  |  | $ | 6,292 |
Second quarter |  | 0.27 |  |  | 6,760 |
Third quarter |  | 0.27 |  |  | 6,751 |
Fourth quarter |  | 0.27 |  |  | 6,741 |
Reclassification from Accumulated Other Comprehensive Loss | The reclassification from accumulated other comprehensive loss was as follows (in thousands):
Year Ended December 31, |  | 2017 |  | 2016 |  | 2015 |  | Affected Line Item in the Consolidated Statement of Operations
Loss on cash flow hedges |  | $ | — |  |  | $ | (219 | ) |  | $ | (449 | ) |  | Floor plan interest expense
Income tax benefits |  | — |  |  | 85 |  |  | 174 |  |  | Income tax provision
Loss on cash flow hedges, net |  | $ | — |  |  | $ | (134 | ) |  | $ | (275 | ) |  |

X
- Definition Tabular disclosure of stock repurchased and retired during the period. + References No definition available. + Details
Name: | lad_ScheduleofStockRepurchasedandRetiredTableTextBlock
Namespace Prefix: | lad_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration