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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Purchase Price Allocations For Acquisitions | The purchase price allocations for the acquisitions completed during the year ended December 31, 2018 are as follows (in thousands):
| Year Ended
| December 31, 2018
| Stahlgruber |  | Other Acquisitions (1) |  | Total
Receivables | $ | 144,826 |  |  | $ | 19,171 |  |  | $ | 163,997 |
Receivable reserves | (2,818 | ) |  | (918 | ) |  | (3,736 | )
Inventories | 380,238 |  |  | 14,021 |  |  | 394,259 |
Prepaid expenses and other current assets | 10,970 |  |  | 1,851 |  |  | 12,821 |
Property, plant and equipment | 271,292 |  |  | 5,711 |  |  | 277,003 |
Goodwill | 908,253 |  |  | 64,637 |  |  | 972,890 |
Other intangibles | 285,255 |  |  | 35,159 |  |  | 320,414 |
Other noncurrent assets | 16,625 |  |  | 37 |  |  | 16,662 |
Deferred income taxes | (78,130 | ) |  | (5,285 | ) |  | (83,415 | )
Current liabilities assumed | (346,788 | ) |  | (20,116 | ) |  | (366,904 | )
Debt assumed | (79,925 | ) |  | (4,875 | ) |  | (84,800 | )
Other noncurrent liabilities assumed (2) | (80,824 | ) |  | (10,306 | ) |  | (91,130 | )
Noncontrolling interest | (44,110 | ) |  | — |  |  | (44,110 | )
Contingent consideration liabilities | — |  |  | (3,107 | ) |  | (3,107 | )
Other purchase price obligations | (6,084 | ) |  | 3,623 |  |  | (2,461 | )
Stock issued | (251,334 | ) |  | — |  |  | (251,334 | )
Notes issued | — |  |  | (11,347 | ) |  | (11,347 | )
Gains on bargain purchases (3) | — |  |  | (2,418 | ) |  | (2,418 | )
Settlement of other purchase price obligations (non-interest bearing) | — |  |  | 1,711 |  |  | 1,711 |
Cash used in acquisitions, net of cash and restricted cash acquired | $ | 1,127,446 |  |  | $ | 87,549 |  |  | $ | 1,214,995 |
Pro Forma Effect Of Businesses Acquired | The pro forma adjustments are based upon unaudited financial information of the acquired entities (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Revenue, as reported | $ | 12,506,109 |  |  | $ | 11,876,674 |  |  | $ | 9,736,909 |
Revenue of purchased businesses for the period prior to acquisition: |  |  |  |  |
Stahlgruber | — |  |  | 815,405 |  |  | 1,756,893 |
Other acquisitions | 24,614 |  |  | 164,133 |  |  | 448,721 |
Pro forma revenue | $ | 12,530,723 |  |  | $ | 12,856,212 |  |  | $ | 11,942,523 |
Income from continuing operations, as reported (1) | $ | 543,415 |  |  | $ | 487,565 |  |  | $ | 536,974 |
Income from continuing operations of purchased businesses for the period prior to acquisition, and pro forma purchase accounting adjustments: |  |  |  |  |
Stahlgruber | 14,481 |  |  | 17,309 |  |  | 4,796 |
Other acquisitions | 3,664 |  |  | 6,591 |  |  | 16,667 |
Acquisition related expenses, net of tax (2) | 1,499 |  |  | 14,524 |  |  | 8,787 |
Pro forma income from continuing operations | 563,059 |  |  | 525,989 |  |  | 567,224 |
Less: Net income (loss) attributable to continuing noncontrolling interest, as reported | 2,800 |  |  | 3,050 |  |  | (3,516 | )
Less: Pro forma net income attributable to noncontrolling interest | — |  |  | 2,799 |  |  | 1,095 |
Pro forma income from continuing operations attributable to LKQ stockholders (3) | $ | 560,259 |  |  | $ | 520,140 |  |  | $ | 569,645 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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