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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 7,240.1 $ 6,009.4 $ 13,945.4 $ 10,352.4
Cost of sales:        
Total cost of sales 5,889.4 4,898.8 11,316.5 8,526.3
Gross profit 1,350.7 1,110.6 2,628.9 1,826.1
Selling, general and administrative 781.5 634.0 1,507.6 1,084.2
Depreciation and amortization 40.9 30.3 80.2 57.2
Operating income 528.3 446.3 1,041.1 684.7
Floor plan interest expense (3.8) (6.4) (8.7) (13.3)
Other interest expense, net (34.4) (28.1) (64.5) (51.6)
Other income (expense), net (21.9) 7.6 (29.9) 11.1
Income before income taxes 468.2 419.4 938.0 630.9
Income tax provision (130.6) (114.5) (256.7) (169.8)
Net income 337.6 304.9 681.3 461.1
Net income attributable to non-controlling interest (3.8) 0.0 (4.4) 0.0
Net income attributable to redeemable non-controlling interest (2.5) 0.0 (3.4) 0.0
Net income attributable to Lithia Motors, Inc. $ 331.3 $ 304.9 $ 673.5 $ 461.1
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.67 $ 10.83 $ 23.25 $ 16.83
Shares used in basic per share calculations (in shares) 28,400 28,100 29,000 27,400
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.60 $ 10.75 $ 23.15 $ 16.69
Shares used in diluted per share calculations (in shares) 28,600 28,400 29,100 27,600
Cash dividends paid per share (in dollars per share) $ 0.42 $ 0.35 $ 0.77 $ 0.66
New vehicle retail        
Revenues:        
Total revenues $ 3,250.7 $ 3,146.2 $ 6,312.4 $ 5,339.5
Cost of sales:        
Total cost of sales 2,840.3 2,832.5 5,500.7 4,869.0
Used vehicle retail        
Revenues:        
Total revenues 2,496.7 1,804.9 4,731.2 3,157.0
Cost of sales:        
Total cost of sales 2,258.4 1,572.3 4,269.0 2,788.3
Used vehicle wholesale        
Revenues:        
Total revenues 382.4 217.4 768.3 352.6
Cost of sales:        
Total cost of sales 378.6 201.0 756.7 331.6
Finance and insurance        
Revenues:        
Total revenues 330.4 269.6 643.7 467.9
Service, body and parts        
Revenues:        
Total revenues 682.6 521.0 1,310.4 925.0
Cost of sales:        
Total cost of sales 319.1 242.9 617.9 428.6
Fleet and other        
Revenues:        
Total revenues 97.3 50.3 179.5 110.4
Cost of sales:        
Total cost of sales $ 93.0 $ 50.1 $ 172.1 $ 108.8