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Consolidated Statements of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 3,047,684 $ 3,147,773 $ 8,674,942 $ 9,496,249
Cost of goods sold 1,849,142 1,947,444 5,251,520 5,840,469
Gross margin 1,198,542 1,200,329 3,423,422 3,655,780
Selling, general and administrative expenses 813,893 892,124 2,451,073 2,687,024
Restructuring and acquisition related expenses 20,495 8,929 52,415 20,613
(Gain) Loss On Disposal Of Businesses And Impairment Of Net Assets Held for Sale (503) (3,601) 1,733 44,919
Depreciation and amortization 68,655 71,513 199,897 213,349
Operating income 296,002 231,364 718,304 689,875
Other expense (income):        
Interest expense, net of interest income 25,182 32,104 76,729 104,077
(Gain) loss on debt extinguishment 0 (128) 12,751 (128)
Other expense (income), net 2,492 (5,939) (9,304) (15,523)
Total other expense, net 27,674 26,037 80,176 88,426
Income from continuing operations before provision for income taxes 268,328 205,327 638,128 601,449
Provision for income taxes 78,510 57,747 180,790 165,122
Equity in earnings (losses) of unconsolidated subsidiaries 4,113 4,232 1,980 (33,745)
Income from continuing operations 193,931 151,812 459,318 402,582
Net income (loss) from discontinued operations 0 781 (638) 1,179
Net income 193,931 152,593 458,680 403,761
Less: net income (loss) attributable to continuing noncontrolling interest 448 (46) 1,166 2,321
Less: net income attributable to discontinued noncontrolling interest 0 376 103 568
Net income attributable to LKQ stockholders $ 193,483 $ 152,263 $ 457,411 $ 400,872
Basic earnings per share: (1)        
Income from continuing operations $ 0.64 $ 0.49 $ 1.51 $ 1.29
Net income (loss) from discontinued operations 0 0.00 (0.00) 0.00
Net income 0.64 0.50 1.50 1.30
Less: net income (loss) attributable to continuing noncontrolling interest 0.00 (0.00) 0.00 0.01
Less: net income attributable to discontinued noncontrolling interest 0 0.00 0.00 0.00
Net income attributable to LKQ stockholders 0.64 0.50 1.50 1.29
Diluted earnings per share: (1)        
Income from continuing operations 0.64 0.49 1.51 1.29
Net income (loss) from discontinued operations 0 0.00 (0.00) 0.00
Net income 0.64 0.50 1.50 1.29
Less: net income (loss) attributable to continuing noncontrolling interest 0.00 (0.00) 0.00 0.01
Less: net income attributable to discontinued noncontrolling interest 0 0.00 0.00 0.00
Net income attributable to LKQ stockholders $ 0.64 $ 0.49 $ 1.50 $ 1.28