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Business Combinations (Tables)
12 Months Ended
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