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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,												Six Months Ended June 30,
(in millions, except per share amounts)			2024						2023						2024						2023
Net income attributable to Lithia Motors, Inc. and applicable to common stockholders			$	214.2					$	297.2					$	376.7					$	525.9
Weighted average common shares outstanding – basic			27.2						27.5						27.4						27.5
Effect of employee stock purchases and restricted stock units on weighted average common shares outstanding			—						0.1						—						0.1
Weighted average common shares outstanding – diluted			27.2						27.6						27.4						27.6
Basic earnings per share attributable to Lithia Motors, Inc.			$	7.88					$	10.79					$	13.77					$	19.11
Diluted earnings per share attributable to Lithia Motors, Inc.			$	7.87					$	10.78					$	13.75					$	19.08

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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
-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

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