XML 56 R39.htm IDEA: XBRL DOCUMENT
v3.19.1

Segment and Geographic Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Segment Reporting [Abstract] |
Schedule Of Financial Performance By Reportable Segment | The following tables present our financial performance by reportable segment for the periods indicated (in thousands):
| North America |  | Europe |  | Specialty |  | Eliminations |  | Consolidated
Three Months Ended March 31, 2019 |  |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |  |
Third Party | $ | 1,302,206 |  |  | $ | 1,445,541 |  |  | $ | 352,556 |  |  | $ | — |  |  | $ | 3,100,303 |
Intersegment | 103 |  |  | — |  |  | 1,181 |  |  | (1,284 | ) |  | — |
Total segment revenue | $ | 1,302,309 |  |  | $ | 1,445,541 |  |  | $ | 353,737 |  |  | $ | (1,284 | ) |  | $ | 3,100,303 |
Segment EBITDA | $ | 176,636 |  |  | $ | 105,298 |  |  | $ | 37,959 |  |  | $ | — |  |  | $ | 319,893 |
Depreciation and amortization (1) | 22,239 |  |  | 47,011 |  |  | 6,957 |  |  | — |  |  | 76,207 |
Three Months Ended March 31, 2018 |  |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |  |
Third Party | $ | 1,329,660 |  |  | $ | 1,040,430 |  |  | $ | 350,674 |  |  | $ | — |  |  | $ | 2,720,764 |
Intersegment | 183 |  |  | — |  |  | 1,118 |  |  | (1,301 | ) |  | — |
Total segment revenue | $ | 1,329,843 |  |  | $ | 1,040,430 |  |  | $ | 351,792 |  |  | $ | (1,301 | ) |  | $ | 2,720,764 |
Segment EBITDA | $ | 177,713 |  |  | $ | 75,534 |  |  | $ | 41,969 |  |  | $ | — |  |  | $ | 295,216 |
Depreciation and amortization (1) | 21,228 |  |  | 32,757 |  |  | 7,081 |  |  | — |  |  | 61,066 |
Reconciliation Of Segment EBITDA To Net Income Table | The table below provides a reconciliation of Net Income to Segment EBITDA (in thousands):
| Three Months Ended
March 31,
2019 |  | 2018
Net income | $ | 99,063 |  |  | $ | 152,763 |
Less: net income (loss) attributable to noncontrolling interest | 1,015 |  |  | (197 | )
Net income attributable to LKQ stockholders | 98,048 |  |  | 152,960 |
Add: |  |  |
Depreciation and amortization | 71,002 |  |  | 56,458 |
Depreciation and amortization - cost of goods sold | 5,205 |  |  | 4,608 |
Interest expense, net of interest income | 36,089 |  |  | 28,515 |
Provision for income taxes | 51,550 |  |  | 49,584 |
EBITDA | 261,894 |  |  | 292,125 |
Subtract: |  |  |
Equity in (losses) earnings of unconsolidated subsidiaries (1) | (39,549 | ) |  | 1,412 |
Add: |  |  |
Restructuring and acquisition related expenses (2) | 3,307 |  |  | 4,054 |
Inventory step-up adjustment - acquisition related | — |  |  | 403 |
Impairment of net assets held for sale (3) | 15,023 |  |  | — |
Change in fair value of contingent consideration liabilities | 120 |  |  | 46 |
Segment EBITDA | $ | 319,893 |  |  | $ | 295,216 |
Schedule Of Capital Expenditures By Reportable Segment | The following table presents capital expenditures by reportable segment (in thousands):
| Three Months Ended
March 31,
2019 |  | 2018
Capital Expenditures |  |  |
North America | $ | 31,234 |  |  | $ | 29,662 |
Europe | 19,577 |  |  | 28,815 |
Specialty | 2,205 |  |  | 3,712 |
Total capital expenditures | $ | 53,016 |  |  | $ | 62,189 |
Schedule Of Assets By Reportable Segment | The following table presents assets by reportable segment (in thousands):
| March 31, |  | December 31,
2019 |  | 2018
Receivables, net |  |  |
North America | $ | 445,056 |  |  | $ | 411,818 |
Europe | 770,543 |  |  | 649,174 |
Specialty | 137,892 |  |  | 93,091 |
Total receivables, net | 1,353,491 |  |  | 1,154,083 |
Inventories |  |  |
North America | 994,438 |  |  | 1,076,306 |
Europe | 1,363,929 |  |  | 1,410,264 |
Specialty | 333,639 |  |  | 349,505 |
Total inventories | 2,692,006 |  |  | 2,836,075 |
Property, plant and equipment, net |  |  |
North America | 574,046 |  |  | 570,508 |
Europe | 546,725 |  |  | 562,600 |
Specialty | 85,571 |  |  | 87,054 |
Total property, plant and equipment, net | 1,206,342 |  |  | 1,220,162 |
Operating lease assets, net (1) |  |  |
North America | 757,590 |  |  | — |
Europe | 438,272 |  |  | — |
Specialty | 83,714 |  |  | — |
Total operating lease assets, net | 1,279,576 |  |  | — |
Equity method investments |  |  |
North America | 17,551 |  |  | 16,404 |
Europe (2) | 116,683 |  |  | 162,765 |
Total equity method investments | 134,234 |  |  | 179,169 |
Other unallocated assets | 6,000,261 |  |  | 6,003,913 |
Total assets | $ | 12,665,910 |  |  | $ | 11,393,402 |
Revenue from External Customers by Geographic Area | The following table sets forth our revenue by geographic area (in thousands):
| Three Months Ended
| March 31,
| 2019 |  | 2018
Revenue |  |  |
United States | $ | 1,542,026 |  |  | $ | 1,560,027 |
United Kingdom | 412,813 |  |  | 430,992 |
Germany | 386,465 |  |  | 803 |
Other countries | 758,999 |  |  | 728,942 |
Total revenue | $ | 3,100,303 |  |  | $ | 2,720,764 |
Schedule Of Tangible Long-Lived Assets By Geographic Area | The following table sets forth our tangible long-lived assets by geographic area (in thousands):
| March 31, |  | December 31,
| 2019 |  | 2018
Long-lived assets (1) |  |  |
United States | $ | 1,424,978 |  |  | $ | 620,125 |
Germany | 305,442 |  |  | 217,476 |
United Kingdom | 339,147 |  |  | 165,145 |
Other countries | 416,351 |  |  | 217,416 |
Total long-lived assets | $ | 2,485,918 |  |  | $ | 1,220,162 |

X
- Definition Reconciliation of Segment Earnings Before Interest Taxes Depreciation And Amortization to Net Income Table [Text Block] [Text Block] + References No definition available. + Details
Name: | lkq_ReconciliationofSegmentEarningsBeforeInterestTaxesDepreciationAndAmortizationtoNetIncomeTableTextBlockTextBlock
Namespace Prefix: | lkq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the total capital expenditures for each reportable segment. + References No definition available. + Details
Name: | lkq_ScheduleOfCapitalExpendituresBySegmentTableTextBlock
Namespace Prefix: | lkq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Financial Performance By Reportable Segment [Table Text Block] + References No definition available. + Details
Name: | lkq_ScheduleOfFinancialPerformanceByReportableSegmentTableTextBlock
Namespace Prefix: | lkq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of segment assets for each reportable segment. + References No definition available. + Details
Name: | lkq_ScheduleOfSegmentAssetsBySegmentTableTextBlock
Namespace Prefix: | lkq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration