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Consolidated Statements of Income Statement - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 13,088,504 $ 11,628,830 $ 12,506,109
Income from continuing operations 1,091,476 640,509 543,415
Less: net income attributable to continuing noncontrolling interest 1,251 1,888 2,800
Revenue 13,088,504 11,628,830 12,506,109
Cost of goods sold 7,766,069 7,035,559 7,654,315
Gross margin 5,322,435 4,593,271 4,851,794
Selling, general and administrative expenses 3,567,732 3,266,065 3,580,300
Restructuring and acquisition related expenses 20,311 66,163 36,979
Loss on disposal of businesses and impairment of net assets held for sale 28 3,174 47,102
Depreciation and amortization 259,992 272,292 290,770
Operating income 1,474,372 985,577 896,643
Other expense (income):      
Interest Expense 72,078 103,784 138,504
Loss (gain) on debt extinguishment (23,564) (12,751) 128
Interest income and other income, net (20,400) (15,953) (32,755)
Total other expense, net 75,242 100,582 105,621
Income from continuing operations before provision for income taxes 1,399,130 884,995 791,022
Provision for income taxes 330,591 249,498 215,330
Equity in earnings (losses) of unconsolidated subsidiaries 22,937 5,012 (32,277)
Income from continuing operations 1,091,476 640,509 543,415
Net income (loss) from discontinued operations 648 (95) 1,619
Net income 1,092,124 640,414 545,034
Less: net income attributable to continuing noncontrolling interest 1,251 1,888 2,800
Less: net income attributable to discontinued noncontrolling interest 0 103 974
Net income attributable to LKQ stockholders $ 1,090,873 $ 638,423 $ 541,260
Basic earnings per share: (1)      
Income from continuing operations $ 3.68 $ 2.10 $ 1.75
Net income (loss) from discontinued operations 0.00 (0.00) 0.01
Net income 3.68 2.10 1.76
Less: net income attributable to continuing noncontrolling interest 0.00 0.01 0.01
Less: net income attributable to discontinued noncontrolling interest 0 0.00 0.00
Net income attributable to LKQ stockholders 3.68 2.10 1.75
Diluted earnings per share: (1)      
Income from continuing operations 3.67 2.10 1.75
Net income (loss) from discontinued operations 0.00 (0.00) 0.01
Net income 3.67 2.10 1.75
Less: net income attributable to continuing noncontrolling interest 0.00 0.01 0.01
Less: net income attributable to discontinued noncontrolling interest 0 0.00 0.00
Net income attributable to LKQ stockholders $ 3.66 $ 2.09 $ 1.74
Retained Earnings      
Other expense (income):      
Net income $ 1,090,873 $ 638,423 $ 541,260