XML 377 R38.htm IDEA: XBRL DOCUMENT v3.24.1.u1

EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

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)						2024						2023
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders						$	162.6					$	228.7
Weighted average common shares outstanding – basic						27.5						27.5
Effect of employee stock purchases and restricted stock units on weighted average common shares outstanding						0.1						—
Weighted average common shares outstanding – diluted						27.6						27.5
Basic earnings per share attributable to Lithia Motors, Inc.						$	5.90					$	8.32
Diluted earnings per share attributable to Lithia Motors, Inc.						$	5.89					$	8.30

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration