XML 117 R99.htm IDEA: XBRL DOCUMENT v3.22.0.1
Net Income Per Share of Common Stock (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Weighted average common shares outstanding – basic 28,800 23,800 23,200
Weighted average common shares outstanding – diluted 29,000 24,100 23,400
Net income per common share - basic (in dollars per share) $ 36.81 $ 19.74 $ 11.70
Net income per common share - diluted (in dollars per share) $ 36.54 $ 19.53 $ 11.60
Class A      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income from continuing operations applicable to common stockholders $ 1,059.5 $ 460.9 $ 264.5
Reallocation of distributed net income due to conversion of class B to class A common shares outstanding 0.0 0.6 0.7
Conversion of class B common shares into class A common shares 0.6 8.9 6.3
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders - diluted $ 1,060.1 $ 470.3 $ 271.5
Weighted average common shares outstanding – basic 28,800 23,300 22,600
Conversion of class B common shares into class A common shares 0 500 600
Effect of employee stock purchases and restricted stock units on weighted average common shares 200 300 200
Weighted average common shares outstanding – diluted 29,000 24,100 23,400
Net income per common share - basic (in dollars per share) $ 36.81 $ 19.74 $ 11.70
Net income per common share - diluted (in dollars per share) $ 36.54 $ 19.53 $ 11.60
Class B      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income from continuing operations applicable to common stockholders $ 0.6 $ 9.4 $ 7.0
Reallocation of distributed net income due to conversion of class B to class A common shares outstanding 0.0 0.0 0.0
Conversion of class B common shares into class A common shares 0.0 0.0 0.0
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders - diluted $ 0.6 $ 9.4 $ 7.0
Weighted average common shares outstanding – basic 0 500 600
Conversion of class B common shares into class A common shares 0 0 0
Effect of employee stock purchases and restricted stock units on weighted average common shares 0 0 0
Weighted average common shares outstanding – diluted 0 500 600
Net income per common share - basic (in dollars per share) $ 36.81 $ 19.74 $ 11.70
Net income per common share - diluted (in dollars per share) $ 36.54 $ 19.53 $ 11.60