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Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenue $ 3,122,378 $ 2,465,800 $ 8,873,893 $ 7,267,054
Cost of goods sold 1,925,180 1,508,924 5,460,845 4,415,076
Gross margin 1,197,198 956,876 3,413,048 2,851,978
Selling, general and administrative expenses (1) 879,150 695,978 [1] 2,472,085 [1] 2,003,065 [1]
Restructuring and acquisition related expenses 6,614 4,922 26,546 10,371
Depreciation and amortization 76,701 56,877 196,322 159,178
Operating income 234,733 199,099 718,095 679,364
Other expense (income):        
Interest expense, net 40,860 25,222 107,647 73,806
Gains on bargain purchases   (913) (328) (3,990)
Other income, net (6,959) (3,107) (9,086) (6,884)
Total other expense, net 33,901 21,202 98,233 62,932
Income from continuing operations before provision for income taxes 200,832 177,897 619,862 616,432
Provision for income taxes 46,068 58,189 156,427 206,206
Equity in (losses) earnings of unconsolidated subsidiaries (20,284) 2,673 (18,326) 3,878
Income from continuing operations 134,480 122,381 445,109 414,104
Net loss from discontinued operations       (4,531)
Net income 134,480 122,381 445,109 409,573
Less: net income attributable to noncontrolling interest 378   1,040  
Net income attributable to LKQ stockholders $ 134,102 $ 122,381 $ 444,069 $ 409,573
Basic earnings per share: (2)        
Income from continuing operations $ 0.42 $ 0.40 $ 1.42 $ 1.34
Net loss from discontinued operations       (0.01)
Net income 0.42 0.40 1.42 1.33
Less: net income attributable to noncontrolling interest 0.00   0.00  
Net income attributable to LKQ stockholders [2] 0.42 0.40 1.42 1.33
Diluted earnings per share: (2)        
Income from continuing operations 0.42 0.39 1.41 1.33
Net loss from discontinued operations       (0.01)
Net income 0.42 0.39 1.41 1.32
Net income attributable to Noncontrolling Interest Per Share, Diluted 0.00   0.00  
Net income attributable to LKQ stockholders [2] $ 0.42 $ 0.39 $ 1.41 $ 1.32
[1] (1) Selling, general and administrative expenses contain facility and warehouses expenses and distribution expenses that were previously shown separately.
[2] (2) The sum of the individual earnings per share amounts may not equal the total due to rounding.