Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2020

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
Three Months Ended September 30, 2020
Revenue:
Third Party	$	1,164,031	$	1,484,099	$	399,554	$	—	$	3,047,684
Intersegment	210		—		875		(1,085)		—
Total segment revenue	$	1,164,241	$	1,484,099	$	400,429	$	(1,085)	$	3,047,684
Segment EBITDA	$	204,957	$	136,165	$	48,340	$	—	$	389,462
Depreciation and amortization (1)	24,479		44,412		7,436		—		76,327
Three Months Ended September 30, 2019
Revenue:
Third Party	$	1,302,086	$	1,451,483	$	394,204	$	—	$	3,147,773
Intersegment	61		—		1,110		(1,171)		—
Total segment revenue	$	1,302,147	$	1,451,483	$	395,314	$	(1,171)	$	3,147,773
Segment EBITDA	$	166,310	$	124,712	$	45,464	$	—	$	336,486
Depreciation and amortization (1)	23,593		47,302		6,983		—		77,878

	North America		Europe		Specialty		Eliminations		Consolidated
Nine Months Ended September 30, 2020
Revenue:
Third Party	$	3,465,102	$	4,058,878	$	1,150,962	$	—	$	8,674,942
Intersegment	729		—		2,923		(3,652)		—
Total segment revenue	$	3,465,831	$	4,058,878	$	1,153,885	$	(3,652)	$	8,674,942
Segment EBITDA	$	565,949	$	303,814	$	132,805	$	—	$	1,002,568
Depreciation and amortization (1)	72,677		126,000		21,959		—		220,636
Nine Months Ended September 30, 2019
Revenue:
Third Party	$	3,925,962	$	4,413,264	$	1,157,023	$	—	$	9,496,249
Intersegment	260		—		3,664		(3,924)		—
Total segment revenue	$	3,926,222	$	4,413,264	$	1,160,687	$	(3,924)	$	9,496,249
Segment EBITDA	$	532,994	$	346,291	$	135,790	$	—	$	1,015,075
Depreciation and amortization (1)	68,257		141,087		20,895		—		230,239

Reconciliation Of Segment EBITDA To Net Income Table

The table below provides a reconciliation of Net Income to EBITDA and Segment EBITDA (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
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	—		376		103		568
Net income attributable to LKQ stockholders	193,483		152,263		457,411		400,872
Subtract:
Net income (loss) from discontinued operations	—		781		(638)		1,179
Net income attributable to discontinued noncontrolling interest	—		(376)		(103)		(568)
Net income from continuing operations attributable to LKQ stockholders	193,483		151,858		458,152		400,261
Add:
Depreciation and amortization	68,655		71,513		199,897		213,349
Depreciation and amortization - cost of goods sold	7,067		5,391		16,162		15,916
Depreciation and amortization - restructuring expenses (1)	605		974		4,577		974
Interest expense, net of interest income	25,182		32,104		76,729		104,077
(Gain) loss on debt extinguishment	—		(128)		12,751		(128)
Provision for income taxes	78,510		57,747		180,790		165,122
EBITDA	373,502		319,459		949,058		899,571
Subtract:
Equity in earnings (losses) of unconsolidated subsidiaries (2)	4,113		4,232		1,980		(33,745)
Add:
Restructuring and acquisition related expenses (1)	19,890		7,955		47,838		19,639
Restructuring expenses - cost of goods sold	833		17,130		6,494		17,130
(Gain) loss on disposal of businesses and impairment of net assets held for sale (3)	(503)		(3,601)		1,733		44,919
Change in fair value of contingent consideration liabilities	(147)		(225)		(575)		71
Segment EBITDA	$	389,462	$	336,486	$	1,002,568	$	1,015,075

Schedule Of Capital Expenditures By Reportable Segment

The following table presents capital expenditures by reportable segment (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Capital Expenditures
North America	$	12,352	$	29,430	$	52,565	$	83,833
Europe	17,420		30,916		49,970		72,333
Specialty	2,876		3,937		7,414		9,385
Total capital expenditures	$	32,648	$	64,283	$	109,949	$	165,551

Schedule Of Assets By Reportable Segment

The following table presents assets by reportable segment (in thousands):

	September 30,		December 31,
	2020		2019
Receivables, net
North America	$	380,907	$	419,452
Europe	688,175		636,216
Specialty	105,422		75,464
Total receivables, net	1,174,504		1,131,132
Inventories
North America	805,681		991,062
Europe	1,228,332		1,401,801
Specialty	211,833		379,914
Total inventories	2,245,846		2,772,777
Property, plant and equipment, net
North America	579,693		610,573
Europe	544,745		538,951
Specialty	80,328		84,876
Total property, plant and equipment, net	1,204,766		1,234,400
Operating lease assets, net
North America	761,928		768,164
Europe	441,223		457,035
Specialty	80,061		83,312
Total operating lease assets, net	1,283,212		1,308,511
Equity method investments
North America	18,730		17,624
Europe	128,806		121,619
Total equity method investments	147,536		139,243
Other unallocated assets	6,105,348		6,193,893
Total assets	$	12,161,212	$	12,779,956

Revenue from External Customers by Geographic Area

The following table sets forth our revenue by geographic area (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Revenue
United States	$	1,463,063	$	1,579,691	$	4,327,563	$	4,735,134
Germany	396,119		394,115		1,129,805		1,196,527
United Kingdom	411,861		394,621		1,080,899		1,217,199
Other countries	776,641		779,346		2,136,675		2,347,389
Total revenue	$	3,047,684	$	3,147,773	$	8,674,942	$	9,496,249

Schedule Of Tangible Long-Lived Assets By Geographic Area

The following table sets forth our tangible long-lived assets by geographic area (in thousands):

	September 30,		December 31,
	2020		2019
Long-lived assets
United States	$	1,429,743	$	1,467,701
Germany	348,260		340,995
United Kingdom	295,658		330,113
Other countries	414,317		404,102
Total long-lived assets	$	2,487,978	$	2,542,911