XML 323 R99.htm IDEA: XBRL DOCUMENT v3.22.4
Net Income Per Share of Common Stock (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Weighted average common shares outstanding – basic (in shares) 28.2 28.8 23.8
Weighted average common shares outstanding – diluted (in shares) 28.3 29.0 24.1
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.38 $ 36.81 $ 19.74
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.17 $ 36.54 $ 19.53
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
Reallocation of distributed net income due to conversion of class B to class A common shares outstanding   0.0 0.6
Conversion of class B common shares into class A common shares   0.6 8.8
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders - diluted   $ 1,060.1 $ 470.3
Weighted average common shares outstanding – basic (in shares)   28.8 23.3
Conversion of class B common shares into class A common shares (in shares)   0.0 0.5
Effect of employee stock purchases and restricted stock units on weighted average common shares (in shares)   0.2 0.3
Weighted average common shares outstanding – diluted (in shares)   29.0 24.1
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)   $ 36.81 $ 19.74
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)   $ 36.54 $ 19.53
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
Reallocation of distributed net income due to conversion of class B to class A common shares outstanding   0.0 0.0
Conversion of class B common shares into class A common shares   0.0 0.0
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders - diluted   $ 0.6 $ 9.4
Weighted average common shares outstanding – basic (in shares)   0.0 0.5
Conversion of class B common shares into class A common shares (in shares)   0.0 0.0
Effect of employee stock purchases and restricted stock units on weighted average common shares (in shares)   0.0 0.0
Weighted average common shares outstanding – diluted (in shares)   0.0 0.5
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)   $ 36.81 $ 19.74
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)   $ 36.54 $ 19.53
Common stock      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income from continuing operations applicable to common stockholders $ 1,251.0    
Reallocation of distributed net income due to conversion of class B to class A common shares outstanding 0.0    
Conversion of class B common shares into class A common shares 0.0    
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders - diluted $ 1,251.0    
Weighted average common shares outstanding – basic (in shares) 28.2    
Conversion of class B common shares into class A common shares (in shares) 0.0    
Effect of employee stock purchases and restricted stock units on weighted average common shares (in shares) 0.1    
Weighted average common shares outstanding – diluted (in shares) 28.3    
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.38    
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.17