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ACQUISITIONS (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Pro Forma Summary | Revenue and operating income contributed by the 2025 acquisitions subsequent to the date of acquisition were as follows (in millions):
Nine Months Ended September 30, | 2025
Revenue | $149.0
Operating income | 7.4
The following unaudited pro forma summary presents consolidated information as if all acquisitions in the three and nine-month periods ended September 30, 2025 and 2024 had occurred on January 1, 2024:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions, except per share amounts) | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue | $9,710.7 |  | $9,356.8 |  | $28,667.1 |  | $27,403.0
Net income attributable to Lithia Motors, Inc. | 219.1 |  | 224.8 |  | 693.8 |  | 612.9
Basic EPS attributable to Lithia Motors, Inc. common stockholders | 8.71 |  | 8.41 |  | 26.89 |  | 22.57
Diluted EPS attributable to Lithia Motors, Inc. common stockholders | 8.69 |  | 8.39 |  | 26.85 |  | 22.53
Schedule of Assets Acquired and Liabilities Assumed | The following tables summarize the consideration paid for the 2025 acquisitions and the PPA for identified assets acquired and liabilities assumed as of the acquisition date:
(In millions) | Consideration
Cash paid, net of cash acquired | $417.6
Total consideration transferred | $417.6
(In millions) | Assets Acquired and Liabilities Assumed
Inventories, net | $82.4
Property and equipment | 114.2
Operating lease right-of-use assets | 0.4
Other assets | 222.6
Operating lease liabilities | (0.4)
Other liabilities and deferred revenue | (1.6)
Total net assets acquired and liabilities assumed | $417.6

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