XML 53 R36.htm IDEA: XBRL DOCUMENT
v3.19.1

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The following tables present information about our financial assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs we utilized to determine such fair value as of March 31, 2019 and December 31, 2018 (in thousands):
| Balance as of March 31, 2019 |  | Fair Value Measurements as of March 31, 2019
Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |
Cash surrender value of life insurance | $ | 53,316 |  |  | $ | — |  |  | $ | 53,316 |  |  | $ | — |
Interest rate swaps | 11,350 |  |  | — |  |  | 11,350 |  |  | — |
Cross currency swap agreements | 9,911 |  |  | — |  |  | 9,911 |  |  | — |
Total Assets | $ | 74,577 |  |  | $ | — |  |  | $ | 74,577 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Contingent consideration liabilities | $ | 5,274 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,274 |
Deferred compensation liabilities | 56,493 |  |  | — |  |  | 56,493 |  |  | — |
Cross currency swap agreements | 29,586 |  |  | — |  |  | 29,586 |  |  | — |
Total Liabilities | $ | 91,353 |  |  | $ | — |  |  | $ | 86,079 |  |  | $ | 5,274 |
| Balance as of December 31, 2018 |  | Fair Value Measurements as of December 31, 2018
Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |
Cash surrender value of life insurance | $ | 47,649 |  |  | $ | — |  |  | $ | 47,649 |  |  | $ | — |
Interest rate swaps | 14,967 |  |  | — |  |  | 14,967 |  |  | — |
Cross currency swap agreements | 7,880 |  |  | — |  |  | 7,880 |  |  | — |
Total Assets | $ | 70,496 |  |  | $ | — |  |  | $ | 70,496 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Contingent consideration liabilities | $ | 5,209 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,209 |
Deferred compensation liabilities | 48,984 |  |  | — |  |  | 48,984 |  |  | — |
Cross currency swap agreements | 40,997 |  |  | — |  |  | 40,997 |  |  | — |
Total Liabilities | $ | 95,190 |  |  | $ | — |  |  | $ | 89,981 |  |  | $ | 5,209 |

X
- Definition [Line Items] for Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table] + References No definition available. + Details
Name: | lkq_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisLineItems
Namespace Prefix: | lkq_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration