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Consolidated Statements of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue $ 3,147,773 $ 3,122,378 $ 9,496,249 $ 8,873,893
Cost of goods sold 1,947,444 1,925,180 5,840,469 5,460,845
Gross margin 1,200,329 1,197,198 3,655,780 3,413,048
Selling, general and administrative expenses 892,124 879,150 2,687,024 2,472,085
Restructuring and acquisition related expenses 8,929 6,614 20,613 26,546
Impairment of net assets held for sale (3,601) 0 44,919 0
Depreciation and amortization 71,513 76,701 213,349 196,322
Operating income 231,364 234,733 689,875 718,095
Other expense (income):        
Interest expense, net of interest income 31,976 40,860 103,949 107,647
Other income, net (5,939) (6,959) (15,523) (9,414)
Total other expense, net 26,037 33,901 88,426 98,233
Income from continuing operations before provision for income taxes 205,327 200,832 601,449 619,862
Provision for income taxes 57,747 46,068 165,122 156,427
Equity in earnings (losses) of unconsolidated subsidiaries 4,232 (20,284) (33,745) (18,326)
Income from continuing operations 151,812 134,480 402,582 445,109
Net income from discontinued operations 781 0 1,179 0
Net income 152,593 134,480 403,761 445,109
Less: net (loss) income attributable to continuing noncontrolling interest (46) 378 2,321 1,040
Less: net income attributable to discontinued noncontrolling interest 376 0 568 0
Net income attributable to LKQ stockholders $ 152,263 $ 134,102 $ 400,872 $ 444,069
Basic earnings per share: (1)        
Income from continuing operations $ 0.49 $ 0.42 $ 1.29 $ 1.42
Net income from discontinued operations 0.00 0 0.00 0
Net income 0.50 0.42 1.30 1.42
Less: net (loss) income attributable to continuing noncontrolling interest 0.00 0.00 0.01 0.00
Less: net income attributable to discontinued noncontrolling interest 0.00 0 0.00 0
Net income attributable to LKQ stockholders 0.50 0.42 1.29 1.42
Diluted earnings per share: (1)        
Income from continuing operations 0.49 0.42 1.29 1.41
Net income from discontinued operations 0.00 0 0.00 0
Net income 0.50 0.42 1.29 1.41
Less: net (loss) income attributable to continuing noncontrolling interest 0.00 0.00 0.01 0.00
Less: net income attributable to discontinued noncontrolling interest 0.00 0 0.00 0
Net income attributable to LKQ stockholders $ 0.49 $ 0.42 $ 1.28 $ 1.41