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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 6,705.3 $ 4,343.0
Cost of sales:    
Total cost of sales 5,427.2 3,627.5
Gross profit 1,278.1 715.5
Selling, general and administrative 726.1 450.4
Depreciation and amortization 39.2 26.8
Operating income 512.8 238.3
Floor plan interest expense (4.9) (6.8)
Other interest expense, net (30.1) (23.5)
Other income (expense), net (8.0) 3.4
Income before income taxes 469.8 211.4
Income tax provision (126.2) (55.2)
Net income 343.6 156.2
Net income attributable to non-controlling interest (0.5) 0.0
Net income attributable to redeemable non-controlling interest (0.9) 0.0
Net income attributable to Lithia Motors, Inc. $ 342.2 $ 156.2
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.59 $ 5.86
Shares used in basic per share calculations (in shares) 29,500 26,600
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.55 $ 5.81
Shares used in diluted per share calculations (in shares) 29,600 26,900
Cash dividends paid per share (in dollars per share) $ 0.35 $ 0.31
New vehicle retail    
Revenues:    
Total revenues $ 3,061.8 $ 2,193.2
Cost of sales:    
Total cost of sales 2,660.5 2,036.5
Used vehicle retail    
Revenues:    
Total revenues 2,234.5 1,352.2
Cost of sales:    
Total cost of sales 2,010.7 1,216.0
Used vehicle wholesale    
Revenues:    
Total revenues 385.8 135.2
Cost of sales:    
Total cost of sales 378.1 130.6
Finance and insurance    
Revenues:    
Total revenues 313.2 198.4
Service, body and parts    
Revenues:    
Total revenues 627.8 404.0
Cost of sales:    
Total cost of sales 298.8 185.8
Fleet and other    
Revenues:    
Total revenues 82.2 60.0
Cost of sales:    
Total cost of sales $ 79.1 $ 58.6