LITHIA MOTORS INC LAD Balance Sheet

Lithia motors inc (LAD)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Current Assets:
Cash and cash equivalents
56	84	27	44	45	31	31	29	68	57	38	31	31	50	24	15	21	45	32	23	21	29	21	28	22	23	16	20	15	42	19	16	8	20	15	11	9
Accounts receivable, net of allowance for doubtful accounts of $6.8 and $7.3
298	505	459	489	491	529	470	483	479	521	446	359	341	417	317	305	286	308	285	287	290	295	181	191	182	170	140	143	134	133	128	117	111	99	84	88	75
Inventories, net
2,512	2,433	2,386	2,431	2,441	2,365	2,275	2,333	2,365	2,132	1,966	1,878	1,812	1,772	1,657	1,582	1,541	1,470	1,386	1,367	1,286	1,249	941	981	935	859	755	783	714	723	658	617	559	506	489	497	415
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	1	1	2	3	3	4	3	4	4	4	3	2
Other current assets
58	47	56	65	50	65	47	46	56	70	59	54	48	46	33	38	50	54	32	32	32	32	11	12	12	15	9	9	11	17	11	10	10	16	5	5	6
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	8	8	-	12	11	11	10	12	12	14	-	-	-	4	-	-
Total Current Assets
2,925	3,070	2,929	3,031	3,027	2,991	2,825	2,893	2,971	2,782	2,511	2,323	2,233	2,287	2,032	1,940	1,899	1,878	1,738	1,710	1,634	1,615	1,165	1,212	1,167	1,081	935	971	891	933	837	766	694	648	604	607	508
Property and equipment, net of accumulated depreciation of $298.6 and $284.3
1,631	1,611	1,482	1,463	1,454	1,448	1,248	1,232	1,220	1,185	1,087	1,067	1,010	1,006	991	898	882	876	854	836	828	816	536	528	493	481	452	443	427	425	397	387	379	373	379	366	362
Operating lease right-of-use assets
244	251	249	255	250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
457	454	456	457	456	434	356	280	256	256	257	259	259	259	219	214	213	213	210	199	199	199	65	65	56	49	40	40	32	32	25	22	18	18	18	18	6
Franchise value
306	306	309	309	308	288	256	197	186	187	186	184	184	184	163	162	161	157	155	150	150	150	77	77	73	71	66	66	62	62	61	59	59	59	58	59	45
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	14	14	10	15	22	20	17	23	29	30	29	34	36	39
Other non-current assets
448	388	309	258	194	221	487	560	451	271	328	141	114	107	156	106	110	99	101	107	110	98	46	41	38	31	29	28	25	22	20	18	16	16	20	13	9
Total Assets
6,014	6,083	5,737	5,774	5,692	5,384	5,174	5,164	5,086	4,683	4,371	3,976	3,801	3,844	3,563	3,322	3,267	3,225	3,059	3,004	2,924	2,880	1,904	1,940	1,844	1,725	1,539	1,572	1,459	1,492	1,366	1,283	1,198	1,146	1,115	1,101	971
Liabilities and Stockholders’ Equity
Current Liabilities:
Floor plan notes payable
389	425	407	414	359	324	135	142	145	116	114	99	97	94	73	56	55	48	46	45	42	41	21	20	19	18	19	16	15	13	14	13	109	114	90	104	84
Floor plan notes payable: non-trade
1,595	1,642	1,594	1,700	1,767	1,733	1,820	1,875	1,832	1,802	1,598	1,534	1,503	1,506	1,351	1,316	1,296	1,265	1,168	1,169	1,113	1,137	718	806	744	695	569	570	567	568	489	482	263	229	233	232	166
Current maturities of long-term debt
45	39	26	25	24	25	33	24	168	18	17	20	17	20	26	28	33	38	38	37	40	31	9	7	7	7	7	6	7	8	7	7	22	8	11	10	12
Trade payables
108	125	127	129	119	126	113	115	116	111	103	89	80	88	78	77	78	70	77	78	76	70	59	56	54	51	48	44	41	41	38	40	34	31	28	29	23
Accrued liabilities
291	336	328	326	315	283	259	254	240	251	241	212	241	211	204	184	179	167	167	157	154	153	116	112	107	94	94	90	87	81	81	79	77	72	71	68	58
Total Current Liabilities
2,431	2,569	2,483	2,605	2,585	2,493	2,363	2,412	2,503	2,301	2,074	1,957	1,939	1,921	1,735	1,663	1,643	1,590	1,502	1,493	1,433	1,442	929	1,003	940	872	746	734	728	721	642	623	508	456	436	444	345
Long-term debt, less current maturities
1,489	1,430	1,287	1,324	1,295	1,358	1,287	1,295	1,181	1,028	991	777	666	769	727	626	595	604	591	599	621	609	263	260	269	245	218	294	222	286	261	224	262	278	285	275	268
Deferred revenue
140	137	133	129	124	121	117	112	107	103	98	92	86	81	77	73	70	66	63	59	56	54	51	48	46	44	40	38	35	33	31	30	26	25	23	22	20
Liabilities related to assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	4	4	-	7	6	7	6	8	8	10	-	-	-	0	-	-
Deferred income taxes
137	131	130	98	96	91	77	58	58	56	66	57	58	59	58	54	59	53	3	3	3	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-current operating lease liabilities
231	238	235	240	235	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29	36	41	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
126	109	108	102	104	122	123	124	108	111	109	102	100	100	98	86	84	81	86	64	63	58	36	34	31	28	27	29	25	22	21	19	18	18	20	15	16
Total Liabilities
4,557	4,616	4,378	4,499	4,441	4,186	3,969	4,003	3,959	3,599	3,340	2,988	2,851	2,933	2,697	2,504	2,452	2,396	2,272	2,252	2,216	2,207	1,280	1,348	1,287	1,190	1,032	1,096	1,011	1,064	957	898	817	779	766	757	651
Stockholders’ Equity:
Preferred stock - no par value; authorized 15.0 shares; none outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	-	0	0	0	-	0	-	-
Additional paid-in capital
26	46	3	0	28	35	45	43	14	11	42	34	37	41	39	37	34	38	35	33	31	29	27	26	24	22	20	18	15	12	11	10	10	10	11	10	10
Accumulated other comprehensive loss
-5	-0	-1	-0	-	0	-	-	-	-	-	-	-	-	0	0	-0	-0	-0	-0	-0	-0	-1	-1	-1	-1	-1	-1	-2	-2	-3	-3	-4	-4	-4	-4	-4
Retained earnings
1,436	1,401	1,340	1,262	1,212	1,162	1,109	1,022	969	922	839	794	748	703	658	611	566	530	488	450	404	367	330	300	266	245	221	193	171	149	134	113	95	80	63	49	28
Total Stockholders’ Equity
1,456	1,467	1,359	1,274	1,250	1,197	1,205	1,160	1,127	1,083	1,031	987	950	910	866	817	814	828	787	752	707	673	623	591	556	534	507	476	447	428	409	384	381	367	348	343	320
Total Liabilities and Stockholders’ Equity
6,014	6,083	5,737	5,774	5,692	5,384	5,174	5,164	5,086	4,683	4,371	3,976	3,801	3,844	3,563	3,322	3,267	3,225	3,059	3,004	2,924	2,880	1,904	1,940	1,844	1,725	1,539	1,572	1,459	1,492	1,366	1,283	1,198	1,146	1,115	1,101	971
Class A common stock
Common stock - Class A and Class B
0	20	16	13	9	0	50	94	143	149	148	158	163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B common stock
Common stock - Class A and Class B
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-