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EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
(in millions, except per share amounts)			2024						2023						2024						2023
Net income attributable to Lithia Motors, Inc.			$	209.1					$	261.5					$	585.8					$	787.3
Weighted average common shares outstanding – basic			26.7						27.6						27.2						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			26.8						27.6						27.2						27.6
Basic EPS attributable to Lithia Motors, Inc. common stockholders			$	7.82					$	9.49					$	21.57					$	28.60
Diluted EPS attributable to Lithia Motors, Inc. common stockholders			$	7.80					$	9.46					$	21.54					$	28.54

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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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