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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 7,295.7 $ 6,169.8 $ 21,241.3 $ 16,522.2
Cost of sales:        
Total cost of sales 5,981.5 4,980.7 17,298.0 13,507.0
Gross profit 1,314.2 1,189.1 3,943.3 3,015.2
Asset impairments 0.0 1.9 0.0 1.9
Selling, general and administrative 749.2 673.3 2,256.8 1,757.6
Depreciation and amortization 41.9 34.4 122.1 91.5
Operating income 523.1 479.5 1,564.4 1,164.2
Floor plan interest expense (10.7) (3.6) (19.4) (17.0)
Other interest expense, net (49.6) (28.0) (114.1) (79.6)
Other expense, net (7.1) (25.7) (37.0) (14.6)
Income before income taxes 455.7 422.2 1,393.9 1,053.0
Income tax provision (125.4) (113.2) (382.1) (282.9)
Net income 330.3 309.0 1,011.8 770.1
(Net income) loss attributable to non-controlling interest 0.5 (0.8) (3.9) (0.8)
Net income attributable to redeemable non-controlling interest (1.2) (0.3) (4.5) (0.3)
Net income attributable to Lithia Motors, Inc. $ 329.6 $ 307.9 $ 1,003.4 $ 769.0
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.97 $ 10.18 $ 35.23 $ 27.12
Shares used in basic per share calculations (in shares) 27.5 30.3 28.5 28.4
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 11.92 $ 10.11 $ 35.10 $ 26.91
Shares used in diluted per share calculations (in shares) 27.6 30.5 28.6 28.6
Cash dividends paid per share (in dollars per share) $ 0.42 $ 0.35 $ 1.19 $ 1.01
New vehicle retail        
Revenues:        
Total revenues $ 3,306.9 $ 2,898.2 $ 9,619.4 $ 8,237.7
Cost of sales:        
Total cost of sales 2,903.2 2,548.9 8,403.9 7,418.0
Used vehicle retail        
Revenues:        
Total revenues 2,465.8 2,079.5 7,197.0 5,236.6
Cost of sales:        
Total cost of sales 2,264.5 1,846.9 6,533.6 4,635.2
Used vehicle wholesale        
Revenues:        
Total revenues 363.2 260.9 1,131.5 613.5
Cost of sales:        
Total cost of sales 374.8 255.2 1,131.5 586.8
Finance and insurance        
Revenues:        
Total revenues 333.3 297.0 977.0 765.0
Service, body and parts        
Revenues:        
Total revenues 712.2 578.3 2,022.6 1,503.4
Cost of sales:        
Total cost of sales 328.0 275.8 945.9 704.3
Fleet and other        
Revenues:        
Total revenues 114.3 55.9 293.8 166.0
Cost of sales:        
Total cost of sales $ 111.0 $ 53.9 $ 283.1 $ 162.7