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Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 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
Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |  |
Third Party | $ | 5,208,589 |  |  | $ | 5,838,124 |  |  | $ | 1,459,396 |  |  | $ | — |  |  | $ | 12,506,109 |
Intersegment | 705 |  |  | — |  |  | 4,646 |  |  | (5,351 | ) |  | — |
Total segment revenue | $ | 5,209,294 |  |  | $ | 5,838,124 |  |  | $ | 1,464,042 |  |  | $ | (5,351 | ) |  | $ | 12,506,109 |
Segment EBITDA | $ | 712,957 |  |  | $ | 454,220 |  |  | $ | 161,184 |  |  | $ | — |  |  | $ | 1,328,361 |
Depreciation and amortization (1) | 93,747 |  |  | 191,195 |  |  | 29,464 |  |  | — |  |  | 314,406 |
Year Ended December 31, 2018 |  |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |  |
Third Party | $ | 5,181,964 |  |  | $ | 5,221,754 |  |  | $ | 1,472,956 |  |  | $ | — |  |  | $ | 11,876,674 |
Intersegment | 645 |  |  | — |  |  | 4,724 |  |  | (5,369 | ) |  | — |
Total segment revenue | $ | 5,182,609 |  |  | $ | 5,221,754 |  |  | $ | 1,477,680 |  |  | $ | (5,369 | ) |  | $ | 11,876,674 |
Segment EBITDA | $ | 660,153 |  |  | $ | 422,721 |  |  | $ | 168,525 |  |  | $ | — |  |  | $ | 1,251,399 |
Depreciation and amortization (1) | 87,348 |  |  | 178,473 |  |  | 28,256 |  |  | — |  |  | 294,077 |
Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |  |
Third Party | $ | 4,798,901 |  |  | $ | 3,636,811 |  |  | $ | 1,301,197 |  |  | $ | — |  |  | $ | 9,736,909 |
Intersegment | 750 |  |  | — |  |  | 4,319 |  |  | (5,069 | ) |  | — |
Total segment revenue | $ | 4,799,651 |  |  | $ | 3,636,811 |  |  | $ | 1,305,516 |  |  | $ | (5,069 | ) |  | $ | 9,736,909 |
Segment EBITDA | $ | 655,275 |  |  | $ | 319,156 |  |  | $ | 142,159 |  |  | $ | — |  |  | $ | 1,116,590 |
Depreciation and amortization (1) | 86,303 |  |  | 120,805 |  |  | 23,095 |  |  | — |  |  | 230,203 |
Reconciliation Of Segment EBITDA To Net Income Table | The table below provides a reconciliation of Net Income to Segment EBITDA (in thousands):
| Year Ended December 31,
2019 |  | 2018 |  | 2017
Net income | $ | 545,034 |  |  | $ | 483,168 |  |  | $ | 530,228 |
Less: net income attributable to continuing noncontrolling interest | 2,800 |  |  | 3,050 |  |  | (3,516 | )
Less: net income attributable to discontinued noncontrolling interest | 974 |  |  | — |  |  | — |
Net income attributable to LKQ stockholders | 541,260 |  |  | 480,118 |  |  | 533,744 |
Subtract: |  |  |  |  |
Net income (loss) from discontinued operations | 1,619 |  |  | (4,397 | ) |  | (6,746 | )
Net income attributable to discontinued noncontrolling interest | (974 | ) |  | — |  |  | — |
Net income from continuing operations attributable to LKQ stockholders | 540,615 |  |  | 484,515 |  |  | 540,490 |
Add: |  |  |  |  |
Depreciation and amortization | 290,770 |  |  | 274,213 |  |  | 219,546 |
Depreciation and amortization - cost of goods sold | 21,007 |  |  | 19,864 |  |  | 10,657 |
Depreciation and amortization - restructuring expenses - cost of goods sold | 305 |  |  | — |  |  | — |
Depreciation and amortization - restructuring expenses | 2,324 |  |  | — |  |  | — |
Interest expense, net of interest income | 136,274 |  |  | 144,536 |  |  | 100,620 |
(Gain) loss on debt extinguishment | (128 | ) |  | 1,350 |  |  | 456 |
Provision for income taxes | 215,330 |  |  | 191,395 |  |  | 235,560 |
EBITDA | 1,206,497 |  |  | 1,115,873 |  |  | 1,107,329 |
Subtract: |  |  |  |  |
Equity in (losses) earnings of unconsolidated subsidiaries (1) | (32,277 | ) |  | (64,471 | ) |  | 5,907 |
Fair value loss on Mekonomen derivative instrument (1) | — |  |  | (5,168 | ) |  | — |
Gain due to resolution of acquisition related matter | 12,063 |  |  | — |  |  | — |
Gains on bargain purchases and previously held equity interests (2) | 1,157 |  |  | 2,418 |  |  | 3,870 |
Add: |  |  |  |  |
Restructuring and acquisition related expenses (3) | 34,658 |  |  | 32,428 |  |  | 19,672 |
Restructuring expenses - cost of goods sold (4) | 20,654 |  |  | — |  |  | — |
Inventory step-up adjustment - acquisition related | — |  |  | 403 |  |  | 3,584 |
Impairment of net assets held for sale and goodwill (5) (6) | 47,102 |  |  | 35,682 |  |  | — |
Change in fair value of contingent consideration liabilities | 393 |  |  | (208 | ) |  | (4,218 | )
Segment EBITDA | $ | 1,328,361 |  |  | $ | 1,251,399 |  |  | $ | 1,116,590 |
Schedule Of Capital Expenditures By Reportable Segment | The following table presents capital expenditures by reportable segment (in thousands):
| Year Ended December 31,
2019 |  | 2018 |  | 2017
Capital Expenditures |  |  |  |  |
North America | $ | 131,643 |  |  | $ | 129,391 |  |  | $ | 95,823 |
Europe | 121,596 |  |  | 99,885 |  |  | 71,494 |
Specialty | 12,491 |  |  | 20,751 |  |  | 8,175 |
Discontinued operations | — |  |  | — |  |  | 3,598 |
Total capital expenditures | $ | 265,730 |  |  | $ | 250,027 |  |  | $ | 179,090 |
Schedule Of Assets By Reportable Segment | The following table presents assets by reportable segment (in thousands):
| December 31,
2019 |  | 2018 |  | 2017
Receivables, net |  |  |  |  |
North America | $ | 419,452 |  |  | $ | 411,818 |  |  | $ | 379,666 |
Europe | 636,216 |  |  | 649,174 |  |  | 555,372 |
Specialty | 75,464 |  |  | 93,091 |  |  | 92,068 |
Total receivables, net | 1,131,132 |  |  | 1,154,083 |  |  | 1,027,106 |
Inventories |  |  |  |  |
North America | 991,062 |  |  | 1,076,306 |  |  | 1,076,393 |
Europe | 1,401,801 |  |  | 1,410,264 |  |  | 964,068 |
Specialty | 379,914 |  |  | 349,505 |  |  | 340,322 |
Total inventories | 2,772,777 |  |  | 2,836,075 |  |  | 2,380,783 |
Property, plant and equipment, net |  |  |  |  |
North America | 610,573 |  |  | 570,508 |  |  | 537,286 |
Europe | 538,951 |  |  | 562,600 |  |  | 293,539 |
Specialty | 84,876 |  |  | 87,054 |  |  | 82,264 |
Total property, plant and equipment, net | 1,234,400 |  |  | 1,220,162 |  |  | 913,089 |
Operating lease assets, net (1) |  |  |  |  |
North America | 768,164 |  |  | — |  |  | — |
Europe | 457,035 |  |  | — |  |  | — |
Specialty | 83,312 |  |  | — |  |  | — |
Total operating lease assets, net | 1,308,511 |  |  | — |  |  | — |
Equity method investments |  |  |  |  |
North America | 17,624 |  |  | 16,404 |  |  | 336 |
Europe (2) | 121,619 |  |  | 162,765 |  |  | 208,068 |
Total equity method investments | 139,243 |  |  | 179,169 |  |  | 208,404 |
Other unallocated assets | 6,193,893 |  |  | 6,003,913 |  |  | 4,837,490 |
Total assets | $ | 12,779,956 |  |  | $ | 11,393,402 |  |  | $ | 9,366,872 |
Revenue from External Customers by Geographic Area | The following table sets forth our revenue by geographic area (in thousands):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Revenue |  |  |  |  |
United States | $ | 6,220,267 |  |  | $ | 6,192,636 |  |  | $ | 5,662,016 |
United Kingdom | 1,599,074 |  |  | 1,665,317 |  |  | 1,548,212 |
Germany | 1,578,543 |  |  | 974,514 |  |  | 1,744 |
Other countries | 3,108,225 |  |  | 3,044,207 |  |  | 2,524,937 |
Total revenue | $ | 12,506,109 |  |  | $ | 11,876,674 |  |  | $ | 9,736,909 |
Schedule Of Tangible Long-Lived Assets By Geographic Area | The following table sets forth our tangible long-lived assets by geographic area (in thousands):
| December 31,
| 2019 |  | 2018 |  | 2017
Long-lived assets (1) |  |  |  |  |
United States | $ | 1,467,701 |  |  | $ | 620,125 |  |  | $ | 583,236 |
Germany | 340,995 |  |  | 217,476 |  |  | 41 |
United Kingdom | 330,113 |  |  | 165,145 |  |  | 178,021 |
Other countries | 404,102 |  |  | 217,416 |  |  | 151,791 |
Total long-lived assets | $ | 2,542,911 |  |  | $ | 1,220,162 |  |  | $ | 913,089 |

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