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EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of net income attributable to Lithia Motors, Inc. and weighted average shares used for our basic EPS and diluted EPS:

Three Months Ended March 31,												Three Months Ended March 31,
(in millions, except per share amounts)																		2023						2022
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders																		$	228.7					$	342.2
Weighted average common shares outstanding – basic																		27.5						29.5
Effect of employee stock purchases and restricted stock units on weighted average common shares																		—						0.1
Weighted average common shares outstanding – diluted																		27.5						29.6
Basic earnings per share attributable to Lithia Motors, Inc.																		$	8.32					$	11.59
Diluted earnings per share attributable to Lithia Motors, Inc.																		$	8.30					$	11.55

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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