LKQ (LKQ) 10-Q31 Jul 172017 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Jul. 21, 2017
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	LKQ
Entity Registrant Name	LKQ CORP
Entity Central Index Key	1,065,696
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		308,861,013

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue	$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
Cost of goods sold	1,493,402	1,398,990	2,906,152	2,560,029
Gross margin	965,009	905,816	1,895,102	1,666,253
Facility and warehouse expenses	190,936	177,378	380,716	334,983
Distribution expenses	194,392	184,326	380,202	336,669
Selling, general and administrative expenses	278,942	250,086	546,169	468,404
Restructuring and acquisition related expenses	2,521	9,080	5,449	23,891
Depreciation and amortization	53,645	52,501	102,301	84,189
Operating income	244,573	232,445	480,265	418,117
Other expense (income):
Interest and Debt Expense	24,596	24,649	48,584	39,241
Loss on debt extinguishment	0	0	0	26,650
Gains on foreign exchange contracts - acquisition related	0	0	0	(18,342)
Gain on bargain purchase	(3,077)	0	(3,077)	0
Other income, net	(2,731)	(462)	(3,777)	(3,351)
Total other expense, net	18,788	24,187	41,730	44,198
Income from continuing operations before provision for income taxes	225,785	208,258	438,535	373,919
Provision for income taxes	75,862	70,262	148,017	123,390
Equity in earnings of unconsolidated subsidiaries	991	(186)	1,205	(548)
Income from continuing operations	150,914	137,810	291,723	249,981
Loss from discontinued operations, net of tax	0	4,975	(4,531)	4,975
Net income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Net income (1)
Income from continuing operations	$ 0.49	$ 0.45	$ 0.95	$ 0.82
Loss from discontinued operations	0	0.02	(0.01)	0.02
Net income (1)	0.49	0.47	0.93	0.83
Diluted earnings per share:
Income from continuing operations	0.49	0.45	0.94	0.81
Loss from discontinued operations	0	0.02	(0.01)	0.02
Net income (1)	$ 0.49	$ 0.46	$ 0.93	$ 0.82

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Other comprehensive income (loss):
Foreign currency translation	93,597	(73,257)	115,176	(73,117)
Net change in unrecognized gains/losses on derivative instruments, net of tax	(930)	(3,614)	2,233	(3,182)
Net change in unrealized gains/losses on pension plan, net of tax	(862)	120	(3,903)	267
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Total other comprehensive income (loss)	91,366	(76,751)	112,905	(76,032)
Total comprehensive income	$ 242,280	$ 66,034	$ 400,097	$ 178,924

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 303,544	$ 227,400
Receivables, net	1,001,246	860,549
Inventories	2,063,462	1,935,237
Prepaid expenses and other current assets	132,483	87,768
Assets of discontinued operations	0	456,640
Total current assets	3,500,735	3,567,594
Property and equipment, net	841,608	811,576
Intangible assets:
Goodwill	3,191,613	3,054,769
Other intangibles, net	595,333	584,231
Equity Method Investments	181,996	183,467
Other assets	119,657	101,562
Total assets	8,430,942	8,303,199
Current liabilities:
Accounts payable	724,201	633,773
Accrued expenses:
Accrued payroll-related liabilities	106,811	118,755
Other accrued expenses	246,747	209,101
Other current liabilities	47,041	37,943
Current portion of long-term obligations	96,860	66,109
Liabilities of discontinued operations	0	145,104
Total current liabilities	1,221,660	1,210,785
Long-term obligations, excluding current portion	2,890,708	3,275,662
Deferred income taxes	225,262	199,657
Other Noncurrent Liabilities	236,627	174,146
Stockholders’ equity:
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 306,785,582 and 305,574,384 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively	3,086	3,075
Additional paid-in capital	1,130,318	1,116,690
Retained earnings	2,877,551	2,590,359
Accumulated other comprehensive loss	(154,270)	(267,175)
Total stockholders’ equity	3,856,685	3,442,949
Total liabilities and stockholders’ equity	$ 8,430,942	$ 8,303,199

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	308,620,187	307,544,759
Common stock, shares outstanding	308,620,187	307,544,759

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 142,785	$ 287,192	$ 254,956
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	53,968	106,606	87,134
Stock-based compensation expense	5,475	12,443	11,391
Loss on debt extinguishment	0	0	26,650
Loss on sale of business		(8,600)
Gains on foreign exchange contracts - acquisition related	0	0	(18,342)
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Net cash provided by operating activities		362,097	361,915
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(51,926)	(91,545)	(102,319)
Acquisitions, net of cash acquired		(100,728)	(1,268,841)
Proceeds from disposal of business/investment		316,100
Proceeds from foreign exchange contracts			18,342
Other investing activities, net		4,712	1,009
Net cash provided by (used in) investing activities		113,736	(1,341,505)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options		5,151	4,889
Taxes paid related to net share settlements of stock-based compensation awards		(3,955)	(2,281)
Debt issuance costs			(16,171)
Borrowings under revolving credit facilities		162,794	1,822,020
Repayments under revolving credit facilities		(585,454)	(1,012,362)
Borrowings under term loans			338,478
Repayments under term loans		(18,590)	(4,721)
Repayments under receivables securitization facility		150	97,000
Repayments under receivables securitization facility		(5,000)	(66,480)
Repayment of Rhiag Debt and Related payments			(543,347)
Repayments of Other Debt		(2,079)	(1,436)
Proceeds from (Payments for) Other Financing Activities		4,316	65
Net cash (used in) provided by financing activities		(423,076)	1,171,280
Effect of exchange rate changes on cash and cash equivalents		16,271	(5,884)
Net increase in cash and cash equivalents		69,028	185,806
Cash and cash equivalents of continuing and discontinued operations, beginning of period		227,400	87,397	$ 87,397
Cash and cash equivalents, end of period	251,863	303,544	251,863	227,400
Supplemental disclosure of cash paid for:
Income taxes, net of refunds		150,555	115,346
Interest		46,606	42,340
Supplemental disclosure of noncash investing and financing activities:
Notes payable and other financing obligations, including notes issued and debt assumed in connection with business acquisitions		5,965	555,335
Noncash property and equipment additions		4,185	3,555
Notes and other financing receivables in connection with disposal of business/investment		5,848
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	21,340		21,340	7,116
Euro Notes [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuance of Private Placement			563,450
Continuing and Discontinued Operations [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		106,606	90,882
Stock-based compensation expense		12,443	11,425
Loss on debt extinguishment		0	26,650
Loss on sale of business		8,580
Gains on foreign exchange contracts - acquisition related			(18,342)
Other		(4,740)	7,193
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Receivables, net		(98,362)	(83,515)
Inventories		(20,378)	42,548
Prepaid income taxes/income taxes payable		4,418	16,542
Accounts payable		63,589	31,004
Other operating assets and liabilities		2,749	(17,428)
Net cash provided by operating activities		362,097	361,915
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment		(91,545)	(102,319)
Acquisitions, net of cash acquired		(100,728)	(1,268,841)
Proceeds from disposal of business/investment		301,297	10,304
Proceeds from foreign exchange contracts			18,342
Other investing activities, net		4,712	1,009
Net cash provided by (used in) investing activities		113,736	(1,341,505)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options		5,151	4,889
Taxes paid related to net share settlements of stock-based compensation awards		(3,955)	(2,281)
Debt issuance costs		0	(16,171)
Borrowings under revolving credit facilities		162,794	1,822,020
Repayments under revolving credit facilities		(585,454)	(1,012,362)
Borrowings under term loans		0	338,478
Repayments under term loans		(18,590)	(4,721)
Repayments under receivables securitization facility		150	97,000
Repayments under receivables securitization facility		(5,000)	(66,480)
Borrowings of other debt, net		19,591	(7,824)
Repayment of Rhiag Debt and Related payments		0	(543,347)
Repayments of Other Debt		(2,079)	(1,436)
Proceeds from (Payments for) Other Financing Activities		4,316	65
Net cash (used in) provided by financing activities		(423,076)	1,171,280
Effect of exchange rate changes on cash and cash equivalents		16,271	(5,884)
Net increase in cash and cash equivalents		69,028	185,806
Cash and cash equivalents of continuing and discontinued operations, beginning of period		234,516	87,397	87,397
Cash and cash equivalents, end of period	273,203	303,544	273,203	234,516
Supplemental disclosure of noncash investing and financing activities:
Contingent Consideration Liabilities		4,279
Continuing and Discontinued Operations [Member] \| Euro Notes [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuance of Private Placement			563,450
Discontinued Operations [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period	21,340		21,340
Continuing Operations [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents of continuing and discontinued operations, beginning of period		$ 227,400	87,397	87,397
Cash and cash equivalents, end of period	$ 251,863		$ 251,863	$ 227,400

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Stockholders' Equity - 6 months ended Jun. 30, 2017 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance, shares at Dec. 31, 2016		307,545
Beginning balance at Dec. 31, 2016	$ 3,442,949	$ 3,075	$ 1,116,690	$ 2,590,359	$ (267,175)
Net Income	287,192	0	0	287,192	0
Total other comprehensive income (loss)	112,905	$ 0	0	0	112,905
RSUs vested, shares		477
Restricted stock units vested, value	(2,755)	$ 5	(2,760)	0	0
Stock-based compensation expense	12,443		12,443	0	0
Stock options exercised, shares		633
Exercise of stock options, value	5,151	$ 6	5,145	0	0
Ending balance, shares at Jun. 30, 2017		308,621
Ending balance at Jun. 30, 2017	3,856,685	$ 3,086	1,130,318	2,877,551	(154,270)
shares withheld for net share settlements of stock option awards		(34)
Adjustments Related to Tax Withholding for Share-based Compensation	$ (1,200)	$ 0	$ (1,200)	$ 0	$ 0

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2017
Business Combinations [Abstract]
Business Combinations	Business Combinations During the six months ended June 30, 2017 , we completed ten acquisitions, including three wholesale businesses in North America, six wholesale businesses in Europe and a Specialty vehicle aftermarket business. Total acquisition date fair value of the consideration for these acquisitions was $107.8 million , composed of $99.0 million of cash paid (net of cash acquired), $4.3 million for the estimated value of contingent payments to former owners (with maximum potential payments totaling $13.9 million ), $4.2 million of other purchase price obligations (non-interest bearing), and $0.3 million of notes payable. We typically fund our acquisitions using borrowings under our credit facilities or other financing arrangements. During the six months ended June 30, 2017 , we recorded $32.6 million of goodwill related to these acquisitions, of which we expect $17.4 million to be deductible for income tax purposes. In the period between the acquisition dates and June 30, 2017, these acquisitions generated revenue of $21.2 million and an operating loss of $2.0 million . On July 3, 2017, we acquired four aftermarket parts distribution businesses in Belgium for a combined purchase price of € 120.1 million ($ 136.5 million ), composed of € 103.1 million ($ 117.2 million ) of cash paid (net of cash acquired) and € 17.0 million ($ 19.3 million ) of notes payable. The objective of these acquisitions is to transform the existing three-step distribution model in Belgium to a two-step distribution model to align with our Netherlands operations. We are in the process of completing the purchase accounting for these acquisitions and as a result, we are unable to disclose the amounts recognized for each major class of assets acquired and liabilities assumed, or the pro forma effect of the acquisitions on our results of operations. On March 18, 2016, LKQ acquired Rhiag-Inter Auto Parts Italia S.p.A. ("Rhiag"), a distributor of aftermarket spare parts for passenger cars and commercial vehicles in Italy, Czech Republic, Slovakia, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Poland and Spain. This acquisition expanded LKQ's geographic presence in continental Europe, and we believe the acquisition will generate potential purchasing synergies. Total acquisition date fair value of the consideration for our Rhiag acquisition was €534.2 million ( $602.0 million ), composed of €533.6 million ( $601.4 million ) of cash paid (net of cash acquired) and €0.6 million ( $0.6 million ) of intercompany balances considered to be effectively settled as part of the transaction. In addition, we assumed €488.8 million ( $550.8 million ) of existing Rhiag debt as of the acquisition date. We recorded $590.7 million ( $585.4 million in 2016 and $5.3 million in the three months ended March 31, 2017) of goodwill related to our acquisition of Rhiag, which we do not expect to be deductible for income tax purposes. Related to the funding of the purchase price of the Rhiag acquisition, LKQ entered into foreign currency forward contracts in March 2016 to acquire a total of €588 million . The rates locked in under the foreign currency forwards were favorable to the spot rate on the settlement date, and as a result, these derivative contracts generated a gain of $18.3 million during the year ended December 31, 2016. The gain on the foreign currency forwards was recorded in Gains on foreign exchange contracts - acquisition related on our Unaudited Condensed Consolidated Statement of Income for the year ended December 31, 2016 . On April 21, 2016, LKQ acquired Pittsburgh Glass Works LLC (“PGW”). At acquisition, PGW’s business comprised aftermarket automotive replacement glass distribution services and automotive glass manufacturing. The acquisition expanded our addressable market in North America. Additionally, we believe the acquisition will create potential distribution synergies with our existing network. Total acquisition date fair value of the consideration for our PGW acquisition was $661.7 million , consisting of cash paid (net of cash acquired). We recorded $207.6 million ( $205.1 million in 2016 and $2.5 million in the six months ended June 30, 2017 ) of goodwill related to our acquisition of PGW, of which we expect $104.0 million to be deductible for income tax purposes. On October 4, 2016, we acquired substantially all of the business assets of Andrew Page Limited ("Andrew Page"), a distributor of aftermarket automotive parts in the U.K., out of receivership. The acquisition is subject to regulatory approval by the Competition and Markets Authority ("CMA") in the U.K. The CMA's review is ongoing as of the date of this report. Total acquisition date fair value of the consideration for this acquisition was £15.7 million ( $20.1 million ). In connection with the acquisition, we recorded a gain on bargain purchase of $10.1 million ( $8.2 million recorded in the fourth quarter of 2016 and $1.9 million recorded in the second quarter of 2017), which is recorded on a separate line in our consolidated statement of income. We believe that we were able to acquire the net assets of Andrew Page for less than fair value as a result of (i) Andrew Page's financial difficulties that put the company into receivership prior to our acquisition and (ii) a motivated seller that desired to complete the sale in an expedient manner to ensure continuity of the business. We continue to evaluate the purchase price allocation, including the opening value of inventory, fixed assets, intangible assets, accrued liabilities, and deferred taxes, which may require us to adjust the recorded gain. In addition to our acquisitions of Rhiag, PGW and Andrew Page, we acquired seven wholesale businesses in Europe and five wholesale businesses in North America during the year ended December 31, 2016. Total acquisition date fair value of the consideration for these acquisitions was $76.1 million , composed of $67.8 million of cash paid (net of cash acquired), $4.1 million of notes payable and $4.2 million of other purchase price obligations (non-interest bearing). During the year ended December 31, 2016, we recorded $52.3 million of goodwill related to these acquisitions and immaterial adjustments to preliminary purchase price allocations related to certain of our 2015 acquisitions. We expect that substantially all of the goodwill recorded for these acquisitions will not be deductible for income tax purposes. Our acquisitions are accounted for under the purchase method of accounting and are included in our unaudited condensed consolidated financial statements from the dates of acquisition. The purchase prices were allocated to the net assets acquired based upon estimated fair market values at the dates of acquisition. The purchase price allocations for the acquisitions made during the six months ended June 30, 2017 and the last six months of the year ended December 31, 2016 are preliminary as we are in the process of determining the following: 1) valuation amounts for certain receivables, inventories and fixed assets acquired; 2) valuation amounts for certain intangible assets acquired; 3) the acquisition date fair value of certain liabilities assumed; and 4) the final estimation of the tax basis of the entities acquired. We have recorded preliminary estimates for certain of the items noted above and will record adjustments, if any, to the preliminary amounts upon finalization of the valuations. From the date of our preliminary allocation for Rhiag in the first quarter of 2016 through March 31, 2017 , we recorded adjustments based on our valuation procedures for our acquisition of Rhiag that resulted in the allocation of $149.0 million of goodwill to acquired assets, primarily intangible assets and property and equipment; this amount includes a $5.3 million increase to goodwill recorded in 2017, primarily attributable to a decline in the value allocated to property and equipment. Additionally, from the date of our preliminary allocation for PGW in the second quarter of 2016 through June 30, 2017 , we recorded adjustments based on our valuation procedures that resulted in a $23.6 million increase to goodwill recorded for our PGW acquisition, of which $2.5 million was recorded in 2017. These adjustments were primarily attributable to a decline in the value allocated to property and equipment, partially offset by an increase in the value allocated to deferred taxes. Finally, from the date of our preliminary allocations for our acquisitions completed in the first quarter of 2017 through June 30, 2017, we recorded adjustments based on our valuation procedures that resulted in a decrease to goodwill of $14.5 million . This decrease to goodwill was primarily a result of an increase in the value allocated to intangible assets and a decrease in our estimate of the acquisition date fair value of the contingent payment liability to the former owners. The income statement effect of these measurement period adjustments for our Rhiag and PGW acquisitions and our acquisitions completed in the first quarter of 2017 that would have been recorded in previous reporting periods if the adjustments had been recognized as of the acquisition dates was immaterial. The balance sheet impact and income statement effect of other measurement-period adjustments recorded for acquisitions completed in prior periods were immaterial. The preliminary purchase price allocations for the acquisitions completed during the six months ended June 30, 2017 and the year ended December 31, 2016 are as follows (in thousands): Six Months Ended Year Ended June 30, 2017 December 31, 2016 All Acquisitions (1) Rhiag PGW (2) Other Acquisitions Total Receivables $ 24,697 $ 230,670 $ 136,523 $ 13,216 $ 380,409 Receivable reserves (4,199 ) (28,242 ) (7,135 ) (794 ) (36,171 ) Inventories (3) 54,806 239,529 169,159 62,223 470,911 Prepaid expenses and other current assets (1,428 ) 10,793 42,573 4,445 57,811 Property and equipment (3,436 ) 56,774 225,645 17,140 299,559 Goodwill 40,446 585,415 205,058 52,336 842,809 Other intangibles 16,886 429,360 37,954 2,537 469,851 Other assets (4) 2,575 2,092 57,671 (133 ) 59,630 Deferred income taxes 150 (110,791 ) 17,506 (1,000 ) (94,285 ) Current liabilities assumed (16,653 ) (239,665 ) (168,332 ) (42,290 ) (450,287 ) Debt assumed (2,092 ) (550,843 ) (4,027 ) (2,378 ) (557,248 ) Other noncurrent liabilities assumed (1,539 ) (23,085 ) (50,847 ) (103 ) (74,035 ) Contingent consideration liabilities (4,279 ) — — — — Other purchase price obligations (3,615 ) — — (6,698 ) (6,698 ) Notes issued (258 ) — — (4,087 ) (4,087 ) Settlement of pre-existing balances — (591 ) — (32 ) (623 ) Gain on bargain purchase (5) (3,077 ) — — (8,207 ) (8,207 ) Cash used in acquisitions, net of cash acquired (6) $ 98,984 $ 601,416 $ 661,748 $ 86,175 $ 1,349,339 (1) Includes $6.4 million and $3.1 million of adjustments to reduce property and equipment and other current assets for Rhiag and PGW, respectively. (2) Includes both continuing and discontinued operations of PGW. See Note 3, "Discontinued Operations " for further information on our discontinued operations. (3) The PGW inventory balance includes the impact of a $9.8 million step-up adjustment to report the inventory at its fair value. (4) The balance for PGW includes $23.6 million of investments in unconsolidated subsidiaries which relate to the discontinued portion of our PGW operations. (5) The amount recorded during the six months ended June 30, 2017 includes a $1.9 million increase to the gain on bargain purchase recorded for our Andrew Page acquisition as a result of changes to our estimate of the fair value of the net assets acquired. The remainder of the gain on bargain purchase recorded during the six months ended June 30, 2017 is an immaterial amount related to another acquisition in Europe completed in the second quarter of 2017, as the fair value of the net assets acquired exceeded the purchase price. (6) During the six months ended June 30, 2017 , we paid $ 1.7 million for the settlement of other purchase price obligations (non-interest bearing). These payments are reflected in Acquisitions, net of cash acquired on our Unaudited Condensed Consolidated Statement of Cash Flows. The fair value of our intangible assets is based on a number of inputs including projections of future cash flows, assumed royalty rates and customer attrition rates, all of which are Level 3 inputs. The fair value of our property and equipment is determined using inputs such as market comparables and current replacement or reproduction costs of the asset, adjusted for physical, functional and economic factors; these adjustments to arrive at fair value are not observable in the market, and therefore, these inputs are considered to be Level 3 inputs. Other noncurrent liabilities recorded for our acquisitions of Rhiag and PGW includes a liability for certain pension and other post-retirement obligations we assumed with the acquisitions. A portion of PGW's liability for pension and post-retirement obligations relates to the glass manufacturing operations business, which was classified as discontinued operations, and was recorded within Liabilities of discontinued operations on our consolidated balance sheet as of December 31, 2016 ; these amounts were included in the net assets disposed of as part of the sale of the business, which occurred in the first quarter of 2017. Due to the immateriality of our pension plans for our continuing operations, we have not provided the detailed disclosures otherwise prescribed by the accounting guidance on pensions and other post-retirement obligations. The primary objectives of our acquisitions made during the six months ended June 30, 2017 and the year ended December 31, 2016 were to create economic value for our stockholders by enhancing our position as a leading source for alternative collision and mechanical repair products and to expand into other product lines and businesses that may benefit from our operating strengths. Our 2016 acquisition of Rhiag enabled us to expand our market presence in continental Europe. We believe that our Rhiag acquisition will allow for synergies within our European operations, most notably in procurement, and these projected synergies contributed to the goodwill recorded on the Rhiag acquisition. The aftermarket automotive glass distribution business of PGW, which is included within continuing operations, enabled us to enter into new product lines and increase the size of our addressable market. In addition, we believe that the aftermarket automotive glass distribution business of our PGW acquisition will allow for distribution synergies with our existing network in North America, which contributed to the goodwill recorded on the acquisition. When we identify potential acquisitions, we attempt to target companies with a leading market presence, an experienced management team and workforce that provide a fit with our existing operations, and strong cash flows. For certain of our acquisitions, we have identified cost savings and synergies as a result of integrating the company with our existing business that provide additional value to the combined entity. In many cases, acquiring companies with these characteristics will result in purchase prices that include a significant amount of goodwill. The following pro forma summary presents the effect of the businesses acquired during the six months ended June 30, 2017 as though the businesses had been acquired as of January 1, 2016 , and the businesses acquired during the year ended December 31, 2016 as though they had been acquired as of January 1, 2015 . The pro forma adjustments are based upon unaudited financial information of the acquired entities (in thousands, except per share data): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Revenue, as reported $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282 Revenue of purchased businesses for the period prior to acquisition: Rhiag — — — 213,376 PGW (1) — 19,506 — 102,540 Other acquisitions 6,707 124,095 34,160 248,470 Pro forma revenue $ 2,465,118 $ 2,448,407 $ 4,835,414 $ 4,790,668 Income from continuing operations, as reported $ 150,914 $ 137,810 $ 291,723 $ 249,981 Income from continuing operations of purchased businesses for the period prior to acquisition, and pro forma purchase accounting adjustments: Rhiag — 60 — (143 ) PGW (1),(2) — 736 — 7,574 Other acquisitions (629 ) (50 ) (803 ) (16 ) Acquisition related expenses, net of tax (3) 1,148 1,665 2,333 10,155 Pro forma income from continuing operations $ 151,433 $ 140,221 $ 293,253 $ 267,551 Earnings per share from continuing operations, basic—as reported $ 0.49 $ 0.45 $ 0.95 $ 0.82 Effect of purchased businesses for the period prior to acquisition: Rhiag — 0.00 — (0.00) PGW (1),(2) — 0.00 — 0.02 Other acquisitions (0.00) (0.00) (0.00) (0.00) Acquisition related expenses, net of tax (3) 0.00 0.01 0.01 0.03 Pro forma earnings per share from continuing operations, basic (4) $ 0.49 $ 0.46 $ 0.95 $ 0.87 Earnings per share from continuing operations, diluted—as reported $ 0.49 $ 0.45 $ 0.94 $ 0.81 Effect of purchased businesses for the period prior to acquisition: Rhiag — 0.00 — (0.00) PGW (1),(2) — 0.00 — 0.02 Other acquisitions (0.00) (0.00) (0.00) (0.00) Acquisition related expenses, net of tax (3) 0.00 0.01 0.01 0.03 Pro forma earnings per share from continuing operations, diluted (4) $ 0.49 $ 0.46 $ 0.94 $ 0.86 (1) PGW reflects the results for the continuing aftermarket automotive glass distribution business only. (2) Excludes $5.4 million of corporate costs for the six months ended June 30, 2016 that we do not expect to incur going forward as a result of the sale of our glass manufacturing business. (3) Includes expenses related to acquisitions closed in the period and excludes expenses for acquisitions not yet completed. (4) The sum of the individual earnings per share amounts may not equal the total due to rounding. Unaudited pro forma supplemental information is based upon accounting estimates and judgments that we believe are reasonable. The unaudited pro forma supplemental information includes the effect of purchase accounting adjustments, such as the adjustment of inventory acquired to fair value, adjustments to depreciation on acquired property and equipment, adjustments to rent expense for above or below market leases, adjustments to amortization on acquired intangible assets, adjustments to interest expense, and the related tax effects. The pro forma impact of our acquisitions also reflects the elimination of acquisition related expenses, net of tax. Refer to Note 5, "Restructuring and Acquisition Related Expenses ," for further information regarding our acquisition related expenses. These pro forma results are not necessarily indicative of what would have occurred if the acquisitions had been in effect for the periods presented or of future results.

Interim Financial Statements

Interim Financial Statements	6 Months Ended
Interim Financial Statements	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interim Financial Statements	Interim Financial Statements The unaudited financial statements presented in this report represent the consolidation of LKQ Corporation, a Delaware corporation, and its subsidiaries. LKQ Corporation is a holding company and all operations are conducted by subsidiaries. When the terms "LKQ," "the Company," "we," "us," or "our" are used in this document, those terms refer to LKQ Corporation and its consolidated subsidiaries. We have prepared the accompanying unaudited condensed consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") applicable to interim financial statements. Accordingly, certain information related to our significant accounting policies and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been condensed or omitted. These unaudited condensed consolidated financial statements reflect, in the opinion of management, all material adjustments (which include only normally recurring adjustments) necessary to fairly state, in all material respects, our financial position, results of operations and cash flows for the periods presented. Operating results for interim periods are not necessarily indicative of the results that can be expected for any subsequent interim period or for a full year. These interim financial statements should be read in conjunction with our audited consolidated financial statements and notes thereto included in our most recent Annual Report on Form 10-K for the year ended December 31, 2016 filed with the SEC on February 27, 2017.

Discontinued Operations (Notes)

Discontinued Operations (Notes)	6 Months Ended
Discontinued Operations (Notes)	Jun. 30, 2017
Discontinued Operations [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Discontinued Operations On March 1, 2017, LKQ completed the sale of the glass manufacturing business of its PGW subsidiary to a subsidiary of Vitro S.A.B. de C.V. ("Vitro") for a sales price of $301.3 million , including cash received of $316.1 million , net of cash disposed of $14.8 million . In addition, we recorded a purchase price receivable of $3.6 million subject to post sale adjustments. Related to this transaction, the remaining portion of the Glass operating segment was combined with our Wholesale - North America operating segment, which is part of our North America reportable segment, in the first quarter of 2017. See Note 14, "Segment and Geographic Information" for further information regarding our segments. Upon execution of the Stock and Asset Purchase Agreement (the "Vitro Agreement") in December 2016, LKQ concluded that the glass manufacturing business met the criteria to be classified as held for sale in LKQ’s consolidated financial statements. As a result, the assets related to the glass manufacturing business were reflected on the Consolidated Balance Sheet at the lower of the net asset carrying value or fair value less cost to sell as of December 31, 2016 . The fair value of the assets was determined using the negotiated sale price as an indicator of fair value, which is considered a Level 2 input as it is observable in a non-active market. As part of the Vitro Agreement, the Company and Vitro entered into a twelve-month Transition Services Agreement commencing on the transaction date with two six-month renewal periods, a three-year Purchase and Supply Agreement, and an Intellectual Property Agreement. The following table summarizes the operating results of the Company’s discontinued operations related to the sale described above for the three and six months ended June 30, 2017 and 2016 , as presented in “Income (loss) from discontinued operations, net of tax” on the Unaudited Condensed Consolidated Statements of Income (in thousands): Three Months Ended Six Months Ended June 30, (1) June 30, 2016 2017 2016 Revenue $ 145,887 $ 111,130 $ 145,887 Cost of goods sold 129,756 100,084 129,756 Operating expenses 5,392 8,369 5,392 Operating income 10,739 2,677 10,739 Interest and other expenses, net (2) (3,533 ) 1,204 (3,533 ) Income from discontinued operations before provision for income taxes 7,206 3,881 7,206 Provision for income taxes (3) 2,564 3,598 2,564 Equity in earnings (loss) of unconsolidated subsidiaries 333 (534 ) 333 Income (loss) from discontinued operations, net of tax 4,975 (251 ) 4,975 Loss on sale of discontinued operations, net of tax (4) — (4,280 ) — Net income (loss) from discontinued operations, net of tax $ 4,975 $ (4,531 ) $ 4,975 (1) There were no discontinued operations for the three months ended June 30, 2017 as the glass manufacturing business was sold on March 1, 2017. (2) The Company elected to allocate interest expense to discontinued operations based on the expected debt to be repaid. Under this approach, allocated interest from January 1, 2017 through the date of sale w as $1.6 million and from April 21, 2016 to June 30, 2016 was $1.7 million . The other expenses, net were foreign currency gains and losses. (3) The provision for income taxes for 2017 includes a return to provision adjustment related to its international operations. (4) In the first quarter of 2017, upon closing of the sale and write-off of the net assets of the glass manufacturing business, we recorded a pre-tax loss on sale of $8.6 million , and a $4.3 million tax benefit. The incremental loss primarily reflects a $5.7 million payable for intercompany sales from the glass manufacturing business to the aftermarket automotive glass distribution business incurred prior to closing which was paid by LKQ during the second quarter of 2017 and capital expenditures in 2017 that were not reimbursed by the buyer. No adjustments to the loss on sale were recorded in the second quarter of 2017. The glass manufactu ring business had $3.9 million of operating cash outflows, $3.6 million of investing cash outflows mainly consisting of capital expenditures, and $15.0 million of financing cash inflows made up of parent financing for the period from January 1, 2017 through March 1, 2017. The glass manufacturing business had $31.2 million of operating cash inflows, $7.3 million of investing cash outflows mainly consisting of capital expenditures, and $7.8 million of financing cash outflows made up of parent financing for the period from April 21, 2016 through June 30, 2016. Pursuant to the Purchase and Supply Agreement, our aftermarket automotive glass distribution business will source various products from Vitro's glass manufacturing business annually for a three year period beginning on March 1, 2017. Between January 1, 2017 and the sale date of March 1, 2017, intercompany sales between the glass manufacturing business and the continuing aftermarket automotive glass distribution business of PGW which were eliminated in consolidation were $7.8 million . Purchases under the Purchase and Supply Agreement through June 30, 2017 were $16.7 million .

Financial Statement Information

Financial Statement Information	6 Months Ended
Financial Statement Information	Jun. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Financial Statement Information Revenue Recognition The majority of our revenue is derived from the sale of vehicle parts. Revenue is recognized when the products are shipped to, delivered to or picked up by customers and title has transferred, subject to an allowance for estimated returns, discounts and allowances that we estimate based upon historical information. We recorded a reserve for estimated returns, discounts and allowances of approximately $40.0 million and $38.3 million at June 30, 2017 and December 31, 2016 , respectively. We present taxes assessed by governmental authorities collected from customers on a net basis. Therefore, the taxes are excluded from revenue on our Unaudited Condensed Consolidated Statements of Income and are shown as a current liability on our Unaudited Condensed Consolidated Balance Sheets until remitted. We recognize revenue from the sale of scrap metal, other metals, and cores when title has transferred, which typically occurs upon delivery to the customer. Allowance for Doubtful Accounts We have a reserve for uncollectible accounts which was approximately $52.0 million and $45.6 million at June 30, 2017 and December 31, 2016 , respectively. Inventories Inventories consists of the following (in thousands): June 30, December 31, 2017 2016 Aftermarket and refurbished products $ 1,613,871 $ 1,540,257 Salvage and remanufactured products 449,591 394,980 Total inventories $ 2,063,462 $ 1,935,237 Our acquisitions completed during 2017 contributed $19.0 million of the increase in our aftermarket and refurbished products inventory and $35.8 million of the increase in our salvage and remanufactured products inventory. See Note 2, "Business Combinations " for further information on our acquisitions. Intangible Assets Intangible assets consist primarily of goodwill (the cost of purchased businesses in excess of the fair value of the identifiable net assets acquired) and other specifically identifiable intangible assets, such as trade names, trademarks, customer and supplier relationships, software and other technology related assets, and covenants not to compete. The changes in the carrying amount of goodwill by reportable segment during the six months ended June 30, 2017 are as follows (in thousands): North America (1) Europe Specialty (1) Total Balance as of January 1, 2017 $ 1,661,800 $ 1,099,976 $ 292,993 $ 3,054,769 Business acquisitions and adjustments to previously recorded goodwill 29,945 9,835 666 40,446 Exchange rate effects 4,206 92,394 (202 ) 96,398 Balance as of June 30, 2017 $ 1,695,951 $ 1,202,205 $ 293,457 $ 3,191,613 (1) In the first quarter of 2017, we realigned a portion of our North America operations under our Specialty segment. Prior year amounts have been recast to reflect the shift in reporting structure. The components of other intangibles acquired during the six months ended June 30, 2017 , are as follows (in thousands): Gross Amount All 2017 Acquisitions Trade names and trademarks $ 5,540 Customer and supplier relationships 10,550 Software and other technology related assets 796 $ 16,886 The components of other intangibles are as follows (in thousands): June 30, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Trade names and trademarks $ 312,886 $ (64,775 ) $ 248,111 $ 286,008 $ (51,104 ) $ 234,904 Customer and supplier relationships 430,348 (128,863 ) 301,485 395,284 (92,079 ) 303,205 Software and other technology related assets 89,979 (47,784 ) 42,195 77,329 (35,648 ) 41,681 Covenants not to compete 12,028 (8,486 ) 3,542 11,726 (7,285 ) 4,441 $ 845,241 $ (249,908 ) $ 595,333 $ 770,347 $ (186,116 ) $ 584,231 Our estimated useful lives for our finite lived intangible assets are as follows: Method of Amortization Useful Life Trade names and trademarks Straight-line 4-30 years Customer and supplier relationships Accelerated 4-20 years Software and other technology related assets Straight-line 3-6 years Covenants not to compete Straight-line 1-5 years Amortization expense for intangibles was $47.9 million and $33.2 million during the six months ended June 30, 2017 and 2016 , respectively. Estimated amortization expense for each of the five years through the period ending December 31, 2021 is $49.4 million (for the remaining six months of 2017), $84.5 million , $69.8 million , $55.0 million and $46.0 million , respectively. Property and Equipment Included in Cost of Goods Sold on the Unaudited Condensed Consolidated Statements of Income is depreciation expense associated with our refurbishing, remanufacturing, and furnace operations as well as our distribution centers. Total depreciation expense was $58.7 million and $53.9 million during the six months ended June 30, 2017 and 2016, respectively. Investments in Unconsolidated Subsidiaries Our investment in unconsolidated subsidiaries was $182.0 million and $183.5 million as of June 30, 2017 and December 31, 2016 , respectively. On December 1, 2016, we acquired a 26.5 % equity interest in Mekonomen AB ("Mekonomen") from AxMeko AB, an affiliate of Axel Johnson AB, for an aggregate purchase price of $ 181.3 million. Headquartered in Stockholm, Sweden, Mekonomen is the leading independent car parts and service chain in the Nordic region of Europe, offering a range of products including spare parts and accessories for cars, and workshop services for consumers and businesses. We are accounting for our interest in Mekonomen using the equity method of accounting, as our investment gives us the ability to exercise significant influence, but not control, over the investee. As of June 30, 2017 , the book value of our investment in Mekonomen exceeded our share of the book value of Mekonomen's net assets by $116.6 million ; this difference is primarily related to goodwill and the fair value of other intangible assets. We are reporting our equity in the net earnings of Mekonomen on a one quarter lag, and therefore we recorded no equity in earnings for this investment in 2016. For the three and six months ended June 30, 2017 , we recorded equity in earnings totaling $2.0 million and $2.3 million , respectively, related to our investment in Mekonomen, which represents our share of the results from the investment date through March 31, 2017, including adjustments to convert the results to US GAAP and to recognize the impact of our purchase accounting adjustments. In May 2017, we received a cash dividend of $7.5 million (SEK 66.6 million ) related to our investment in Mekonomen. The level 1 fair value of our equity investment in the publicly traded Mekonomen common stock at June 30, 2017 was $188.5 million compared to a carrying value of $179.7 million . Warranty Reserve Some of our salvage mechanical products are sold with a standard six month warranty against defects. Additionally, some of our remanufactured engines are sold with a standard three year warranty against defects. We also provide a limited lifetime warranty for certain of our aftermarket products. We record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity. Our warranty reserve is recorded within Other accrued expenses and Other Noncurrent Liabilities on our Unaudited Condensed Consolidated Balance Sheets based on the expected timing of the related payments. The changes in the warranty reserve are as follows (in thousands): Balance as of January 1, 2017 $ 19,634 Warranty expense 18,369 Warranty claims (16,762 ) Balance as of June 30, 2017 $ 21,241 Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). This update outlines a new comprehensive revenue recognition model that supersedes most current revenue recognition guidance and requires companies to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has issued several updates to ASU 2014-09. ASU 2014-09 will be effective for the Company during the first quarter of our fiscal year 2018. Early adoption is permitted for annual reporting periods beginning after December 15, 2016. We will continue to evaluate the potential effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures; however, we do not plan to early adopt. Entities adopting the standard have the option of using either a full retrospective or modified retrospective approach in the application of this guidance. We are still determining which method of transition we will follow. We are currently in the process of completing customer contract reviews, determining necessary adjustments to existing accounting policies, evaluating new disclosure requirements and identifying and implementing changes to business processes as deemed necessary to support recognition and disclosure under the new guidance. Based on our preliminary assessment, we do not expect a significant impact for the majority of our revenue transactions as they generally consist of single performance obligations to transfer promised goods or services; however, we do expect the new guidance will change the way we present sales returns in our consolidated financial statements. We are still in the process of determining the magnitude of impact for this change, but expect to report sales returns on a gross basis on the balance sheet by presenting a refund liability and a return asset separately. We also expect an adjustment to revenue on the income statement for the gross up of returns reserve adjustments, which are currently recorded as a net amount within revenue. In July 2015, the FASB issued Accounting Standards Update 2015-11, "Simplifying the Measurement of Inventory" ("ASU 2015-11"), which requires entities to measure inventory at the lower of cost or net realizable value. Net realizable value is defined as the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. We adopted ASU 2015-11 during the first quarter of 2017 on a prospective basis. Effective January 1, 2017, we are recording our inventory at the lower of cost or net realizable value, including application of the concept in determining our inventory reserves, in accordance with ASU 2015-11. The adoption of ASU 2015-11 did not have a material impact on our recorded inventory value. In January 2016, the FASB issued Accounting Standards Update No. 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”), which changes how entities will recognize, measure, present and make disclosures about certain financial assets and financial liabilities. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017; early adoption is permitted. The guidance requires adoption on a prospective basis. We are still evaluating the impact that ASU 2016-01 will have on our consolidated financial statements and related disclosures, but we do not expect to early adopt in 2017. In February 2016, the FASB issued Accounting Standards Update 2016-02, "Leases" ("ASU 2016-02"), to increase transparency and comparability by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The main difference between current GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under current GAAP. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. The standard requires that entities apply the effects of these changes using a modified retrospective approach, which includes a number of optional practical expedients. While we are still in the process of quantifying the impact that the adoption of ASU 2016-02 will have on our consolidated financial statements and related disclosures, we anticipate the adoption will materially affect our consolidated balance sheet and disclosures, as the majority of our operating leases will be recorded on the balance sheet under ASU 2016-02. While we do not anticipate the adoption of this accounting standard to have a material impact on our consolidated statements of income at this time, this conclusion may change as we finalize our assessment. In order to assist in our timely implementation of the new standard, we have purchased new software to track our leases. We have engaged a third party to assist with the implementation of the new software with an expectation to complete the implementation by the end of 2018. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" (“ASU 2016-09”), to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, classification on the statement of cash flows, the treatment of forfeitures, and calculation of earnings per share. ASU 2016-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. During the third quarter of 2016, the Company elected to early adopt ASU 2016-09 effective January 1, 2016. With the adoption of ASU 2016-09, excess tax benefits are recognized as a component of the income tax provision, whereas these amounts were previously recognized in equity. Adopting this standard resulted in a $2.1 million and $6.5 million reduction in tax expense for the three and six months ended June 30, 2016 , respectively. The presentation of excess tax benefits on share-based payments was adjusted retrospectively within the Consolidated Statements of Cash Flows, resulting in a $6.7 million increase in operating cash flows for the six months ended June 30, 2016 with a corresponding decrease to financing cash flows. In August 2016, the FASB issued Accounting Standards Update No. 2016-15, "Classification of Certain Cash Receipts and Cash Payments" ("ASU 2016-15"), to add and clarify guidance on the classification of certain cash receipts and payments in the statement of cash flows. ASU 2016-15 includes guidance on classification for the following items: debt prepayment or debt extinguishment costs, settlement of zero coupon bonds, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims and corporate-owned or bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and other separately identifiable cash flows where application of the predominance principle is prescribed. ASU 2016-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017; early adoption is permitted. The guidance requires retrospective application to all periods presented unless it is impracticable to do so. We are still evaluating the impact that ASU 2016-15 will have on our consolidated financial statements and related disclosures, but we do not expect to early adopt in 2017. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, "Simplifying the Test for Goodwill Impairment" ("ASU 2017-04"), which simplifies the accounting for goodwill impairment by eliminating step 2 from the goodwill impairment test. Under the new guidance, if the carrying value of a reporting unit exceeds the fair value, an impairment loss will be recognized for the amount of that excess, limited to the goodwill allocated to that reporting unit. ASU 2017-04 is effective for fiscal years and any interim impairment tests for periods beginning after December 15, 2019; early adoption is permitted for entities with annual and interim impairment tests occurring after January 1, 2017, and we early adopted for the quarter ended June 30, 2017, although we do not expect an impairment test to be performed until our annual impairment test in the fourth quarter of 2017. The guidance requires adoption on a prospective basis. At this time, we do not expect adoption of this standard to have a significant impact on our financial position, results of operations, or cash flows. In May 2017, the FASB issued Accounting Standards Update No. 2017-09, "Scope of Modification Accounting" ("ASU 2017-09"), which provides guidance on changes to share based payment awards requiring application of modification accounting under FASB Accounting Standards Codification Topic 718, "Compensation - Stock Compensation". Under this ASU, modification accounting for awards will not be required if the fair value, vesting conditions, and classifications of awards both prior to and after the modification are the same. ASU 2017-09 is effective for fiscal years and interim periods beginning after December 15, 2017; early adoption is permitted with amendments resulting from the ASU applied prospectively to awards modified after the effective date. We early adopted for the quarter ended June 30, 2017; the adoption of ASU 2017-09 did not have a material impact on our consolidated financial statements and related disclosures.

Restructuring and Acquisition R

Restructuring and Acquisition Related Expenses	6 Months Ended
Restructuring and Acquisition Related Expenses	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Acquisition Related Expenses	Restructuring and Acquisition Related Expenses Acquisition Related Expenses Acquisition related expenses, which include external costs such as legal, accounting, and advisory fees, totaled $2.1 million and $4.8 million for the three and six months ended June 30, 2017 , respectively. Our 2017 expenses related to completed acquisitions and acquisitions that were pending as of June 30, 2017 . Acquisition related expenses incurred during the three and six months ended June 30, 2016 totaled $3.0 million and $15.7 million . Of our 2016 expenses, $11.0 million was related to our acquisition of Rhiag, $3.9 million was related to our acquisition of PGW, and $0.8 million was related to other completed acquisitions and acquisitions that were pending as of June 30, 2016 . Acquisition Integration Plans During the three and six months ended June 30, 2017 , we incurred $0.4 million and $0.7 million of restructuring expenses, respectively. Expenses incurred during the three and six months ended June 30, 2017 were primarily a result of our ongoing integration activities in our Specialty segment, which was formed in 2014 and subsequently expanded through acquisitions, including our 2015 Coast acquisition. Expenses incurred were primarily related to facility closure and the merger of existing facilities into larger distribution centers. During the three and six months ended June 30, 2016 , we incurred $6.1 million and $8.2 million of restructuring expenses, respectively. These expenses were primarily a result of the integration of our acquisition of Parts Channel into our existing North America wholesale business, the integration of our Coast acquisition into our existing Specialty business, and the integration of our Keystone Specialty acquisition and the rationalization of certain warehousing and distribution functions between our Keystone Specialty acquisition and our existing North America wholesale business. Expenses incurred were primarily related to facility closure and relocation costs for duplicate facilities, the merger of existing facilities into larger distribution centers, and the termination of employees. We expect to incur additional expenses related to the integration of certain of our acquisitions into our existing operations in 2017. These integration activities are expected to include the closure of duplicate facilities, rationalization of personnel in connection with the consolidation of overlapping facilities with our existing business, and moving expenses. Future expenses to complete these integration plans are expected to be less than $5.0 million .

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
Stock-Based Compensation	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation In order to attract and retain employees, non-employee directors, consultants, and other persons associated with us, we may grant qualified and nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units (“RSUs”), performance shares and performance units under the LKQ Corporation 1998 Equity Incentive Plan (the “Equity Incentive Plan”). We have granted RSUs, stock options, and restricted stock under the Equity Incentive Plan. We expect to issue new shares of common stock to cover past and future equity grants. RSUs RSUs vest over periods of up to five years, subject to a continued service condition. Currently outstanding RSUs contain either a time-based vesting condition or a combination of a performance-based vesting condition and a time-based vesting condition, in which case, both conditions must be met before any RSUs vest. For the RSUs containing a performance-based vesting condition, the Company must report positive diluted earnings per share, subject to certain adjustments, during any fiscal year period within five years following the grant date. Each RSU converts into one share of LKQ common stock on the applicable vesting date. The grant date fair value of RSUs is based on the market price of LKQ stock on the grant date. The fair value of RSUs that vested during the six months ended June 30, 2017 was $17.8 million . The following table summarizes activity related to our RSUs under the Equity Incentive Plan for the six months ended June 30, 2017 : Number Outstanding Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) (1) Unvested as of January 1, 2017 1,873,737 $ 27.58 Granted 727,846 $ 31.71 Vested (564,768 ) $ 26.15 Forfeited / Canceled (125,447 ) $ 31.29 Unvested as of June 30, 2017 1,911,368 $ 29.33 Expected to vest after June 30, 2017 1,813,925 $ 29.39 2.9 $ 59,769 (1) The aggregate intrinsic value of unvested and expected to vest RSUs represents the total pretax intrinsic value (the fair value of the Company's stock on the last day of each period multiplied by the number of units) that would have been received by the holders had all RSUs vested. This amount changes based on the market price of the Company’s common stock. Stock Options Stock options vest over periods of up to five years, subject to a continued service condition. Stock options expire either six or ten years from the date they are granted. No options were granted during the six months ended June 30, 2017 . The total grant-date fair value of options that vested during the six months ended June 30, 2017 was $0.7 million . The following table summarizes activity related to our stock options under the Equity Incentive Plan for the six months ended June 30, 2017 : Number Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) (1) Balance as of January 1, 2017 2,623,217 $ 9.19 Exercised (632,773 ) $ 8.42 $ 14,773 Forfeited / Canceled (9,692 ) $ 18.96 Balance as of June 30, 2017 1,980,752 $ 9.39 2.0 $ 46,672 Exercisable as of June 30, 2017 1,980,752 $ 9.39 2.0 $ 46,672 Exercisable as of June 30, 2017 and expected to vest thereafter 1,980,752 $ 9.39 2.0 $ 46,672 (1) The aggregate intrinsic value of outstanding, exercisable and expected to vest options represents the total pretax intrinsic value (the difference between the fair value of the Company's stock on the last day of each period and the exercise price, multiplied by the number of options where the fair value exceeds the exercise price) that would have been received by the option holders had all option holders exercised their options as of the last day of the period indicated. This amount changes based on the market price of the Company’s common stock. The following table summarizes the components of pre-tax stock-based compensation expense for our continuing operations (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 RSUs $ 5,158 $ 5,446 $ 12,437 $ 11,325 Stock options — 29 6 66 Total stock-based compensation expense $ 5,158 $ 5,475 $ 12,443 $ 11,391 As of June 30, 2017 , unrecognized compensation expense related to unvested RSUs is $42.3 million . Stock-based compensation expense related to these awards will be different to the extent that forfeitures are realized.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following chart sets forth the computation of earnings per share (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Income from continuing operations $ 150,914 $ 137,810 $ 291,723 $ 249,981 Denominator for basic earnings per share—Weighted-average shares outstanding 308,407 306,718 308,218 306,437 Effect of dilutive securities: RSUs 453 796 509 689 Stock options 1,536 2,264 1,622 2,360 Denominator for diluted earnings per share—Adjusted weighted-average shares outstanding 310,396 309,778 310,349 309,486 Basic earnings per share from continuing operations $ 0.49 $ 0.45 $ 0.95 $ 0.82 Diluted earnings per share from continuing operations $ 0.49 $ 0.45 $ 0.94 $ 0.81 Our earnings per share calculation for the three and six months ended June 30, 2016 reflects the adoption of ASU 2016-09 as discussed in Note 4, "Financial Statement Information ." The following table sets forth the number of employee stock-based compensation awards outstanding but not included in the computation of diluted earnings per share because their effect would have been antidilutive for the three and six months ended June 30, 2017 and 2016 (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Antidilutive securities: RSUs — — 73 114 Stock options 76 83 77 85

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
Accumulated Other Comprehensive Income (Loss)	Jun. 30, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The components of Accumulated Other Comprehensive Income (Loss) are as follows (in thousands): Three Months Ended June 30, 2017 Foreign Unrealized Gain Unrealized (Loss) Gain Plans Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries Accumulated Beginning balance $ (250,950 ) $ 11,254 $ (5,778 ) $ (162 ) $ (245,636 ) Pretax income (loss) 93,597 (30,179 ) (724 ) — 62,694 Income tax effect — 11,136 275 — 11,411 Reclassification of unrealized loss (gain) — 28,702 (550 ) — 28,152 Reclassification of deferred income taxes — (10,589 ) 137 — (10,452 ) Other comprehensive (loss) income from unconsolidated subsidiaries — — — (439 ) (439 ) Ending balance $ (157,353 ) $ 10,324 $ (6,640 ) $ (601 ) $ (154,270 ) Three Months Ended June 30, 2016 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Accumulated Beginning balance $ (96,750 ) $ (500 ) $ (7,501 ) $ (104,751 ) Pretax loss (73,257 ) (6,528 ) — (79,785 ) Income tax effect — 2,250 — 2,250 Reclassification of unrealized loss — 984 160 1,144 Reclassification of deferred income taxes — (320 ) (40 ) (360 ) Ending balance $ (170,007 ) $ (4,114 ) $ (7,381 ) $ (181,502 ) Six Months Ended June 30, 2017 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Plans Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries Accumulated Beginning balance $ (272,529 ) $ 8,091 $ (2,737 ) $ — $ (267,175 ) Pretax (loss) income 113,665 (29,347 ) 112 — 84,430 Income tax effect — 10,780 (43 ) — 10,737 Reclassification of unrealized loss — 32,959 (721 ) — 32,238 Reclassification of deferred income taxes — (12,159 ) 185 — (11,974 ) Disposal of business 1,511 — (3,436 ) — (1,925 ) Other comprehensive (loss) income from unconsolidated subsidiaries — — — (601 ) (601 ) Ending balance $ (157,353 ) $ 10,324 $ (6,640 ) $ (601 ) $ (154,270 ) Six Months Ended June 30, 2016 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Accumulated Beginning balance $ (96,890 ) $ (932 ) $ (7,648 ) $ (105,470 ) Pretax loss (73,117 ) (6,672 ) — (79,789 ) Income tax effect — 2,278 — 2,278 Reclassification of unrealized loss — 1,790 357 2,147 Reclassification of deferred income taxes — (578 ) (90 ) (668 ) Ending balance $ (170,007 ) $ (4,114 ) $ (7,381 ) $ (181,502 ) Net unrealized gains on our interest rate swap contracts totaling $1.7 million and $2.8 million were reclassified to interest expense in our Unaudited Condensed Consolidated Statements of Income during the three and six months ended June 30, 2017 , respectively. We also reclassified losses of $30.4 million and $35.8 million related to our cross currency swaps to Other income, net in our Unaudited Condensed Consolidated Statements of Income during the three and six months ended June 30, 2017 , respectively. During the three and six months ended June 30, 2016 , unrealized losses on our interest rate swap contracts totaling $1.0 million and $1.8 million , respectively, were reclassified to interest expense. The deferred income taxes related to our cash flow hedges were reclassified from Accumulated other comprehensive income (loss) to provision for income taxes.

Long-Term Obligations

Long-Term Obligations	6 Months Ended
Long-Term Obligations	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-Term Obligations	Long-Term Obligations Long-Term Obligations consist of the following (in thousands): June 30, December 31, 2017 2016 Senior secured credit agreement: Term loans payable $ 714,094 $ 732,684 Revolving credit facilities 951,010 1,358,220 Senior notes 600,000 600,000 Euro notes 571,300 525,850 Receivables securitization facility 95,150 100,000 Notes payable through October 2025 at weighted average interest rates of 2.2% and 2.1%, respectively 10,055 11,808 Other long-term debt at weighted average interest rates of 2.0% and 2.4%, respectively 68,318 37,125 Total debt 3,009,927 3,365,687 Less: long-term debt issuance costs (19,965 ) (21,611 ) Less: current debt issuance costs (2,394 ) (2,305 ) Total debt, net of issuance costs 2,987,568 3,341,771 Less: current maturities, net of debt issuance costs (96,860 ) (66,109 ) Long term debt, net of debt issuance costs $ 2,890,708 $ 3,275,662 Senior Secured Credit Agreement On January 29, 2016, LKQ Corporation, LKQ Delaware LLP, and certain other subsidiaries (collectively, the "Borrowers") entered into the Fourth Amended and Restated Credit Agreement ("Credit Agreement"), which amended the Company’s Third Amended and Restated Credit Agreement by modifying certain terms to (1) extend the maturity date by approximately two years to January 29, 2021; (2) increase the total availability under the credit agreement from $2.3 billion to $3.2 billion (composed of $2.45 billion in the revolving credit facility's multicurrency component; and $750 million of term loans, which consist of term loans of approximately $500 million and €230 million ); (3) increase our ability to incur additional indebtedness; and (4) make other immaterial or clarifying modifications and amendments to the terms of the Third Amended and Restated Credit Agreement. The additional term loan borrowing was used to repay outstanding revolver borrowings and the amount outstanding under our receivables securitization facility, and to pay fees and expenses relating to the amendment and restatement. The remaining additional term loan borrowing was used for general corporate purposes. On December 14, 2016, LKQ Corporation entered into Amendment No. 1 to the Fourth Amended and Restated Credit Agreement under which the €230 million term loan was prepaid in full using proceeds from borrowings on the multicurrency revolving credit facility. Simultaneously, LKQ Corporation borrowed incremental U.S. dollar ("USD") term loans under the Credit Agreement, which were used to repay outstanding borrowings on the USD revolving credit facility. LKQ Corporation borrowed additional USD amounts on the revolving credit facility and entered into a cross currency swap transaction to exchange the borrowed USD for euro and transferred these amounts to LKQ Netherlands B.V. as an intercompany loan, which LKQ Netherlands B.V. used to repay the multicurrency revolving credit facility borrowings. These transactions had the effect of replacing the euro term loan with a USD term loan. Refer to Note 10, "Derivative Instruments and Hedging Activities" for additional information related to our cross currency swaps. Amounts under the revolving credit facility are due and payable upon maturity of the Fourth Amended and Restated Credit Agreement on January 29, 2021. Amounts under the initial and additional term loan borrowings were due and payable in quarterly installments equal to 0.625% of the original principal amount on each of June 30, September 30, and December 31, 2016, and are due and payable in quarterly installments thereafter equal to 1.25% of the original principal amount beginning on March 31, 2017, with the remaining balance due and payable on the maturity date of the Fourth Amended and Restated Credit Agreement. We are required to prepay the term loan by amounts equal to proceeds from the sale or disposition of certain assets if the proceeds are not reinvested within twelve months. We also have the option to prepay outstanding amounts under the Credit Agreement without penalty. The Credit Agreement contains customary representations and warranties, and contains customary covenants that provide limitations and conditions on our ability to enter into certain transactions. The Credit Agreement also contains financial and affirmative covenants, including limitations on our net leverage ratio and a minimum interest coverage ratio. Borrowings under the Credit Agreement bear interest at variable rates, which depend on the currency and duration of the borrowing elected, plus an applicable margin. The applicable margin is subject to change in increments of 0.25% depending on our net leverage ratio. Interest payments are due on the last day of the selected interest period or quarterly in arrears depending on the type of borrowing. Including the effect of the interest rate swap agreements described in Note 10, "Derivative Instruments and Hedging Activities ," the weighted average interest rate on borrowings outstanding under the Credit Agreement at June 30, 2017 and December 31, 2016 was 2.1% and 2.0% , respectively. We also pay a commitment fee based on the average daily unused amount of the revolving credit facilities. The commitment fee is subject to change in increments of 0.05% depending on our net leverage ratio. In addition, we pay a participation commission on outstanding letters of credit at an applicable rate based on our net leverage ratio, as well as a fronting fee of 0.125% to the issuing bank, which are due quarterly in arrears. Of the total borrowings outstanding under the Credit Agreement, $37.2 million was classified as current maturities at June 30, 2017 and December 31, 2016 . As of June 30, 2017 , there were letters of credit outstanding in the aggregate amount of $72.2 million . The amounts available under the revolving credit facilities are reduced by the amounts outstanding under letters of credit, and thus availability under the revolving credit facilities at June 30, 2017 was $1.4 billion . Related to the execution of the Credit Agreement in January 2016, we incurred $6.1 million of fees, of which $5.0 million were capitalized as an offset to Long-Term Obligations and are amortized over the term of the agreement. The remaining $1.1 million of fees, together with $1.8 million of capitalized debt issuance costs related to our Third Amended and Restated Credit Agreement, were expensed during the year ended December 31, 2016 as a loss on debt extinguishment. Senior Notes In April 2014, LKQ Corporation completed an offer to exchange $600 million aggregate principal amount of 4.75% Senior Notes due 2023 (the "U.S. Notes") for notes previously issued through a private placement. The U.S. Notes are governed by the Indenture dated as of May 9, 2013 among LKQ Corporation, certain of our subsidiaries (the "Guarantors") and U.S. Bank National Association, as trustee. The U.S. Notes are substantially identical to those previously issued through the private placement, except the U.S. Notes are registered under the Securities Act of 1933. The U.S. Notes bear interest at a rate of 4.75% per year from the most recent payment date on which interest has been paid or provided for. Interest on the U.S. Notes is payable in arrears on May 15 and November 15 of each year. The first interest payment was made on November 15, 2013. The U.S. Notes are fully and unconditionally guaranteed, jointly and severally, by the Guarantors. The U.S. Notes and the guarantees are, respectively, LKQ Corporation's and each Guarantor's senior unsecured obligations and are subordinated to all of the Guarantors' existing and future secured debt to the extent of the assets securing that secured debt. In addition, the U.S. Notes are effectively subordinated to all of the liabilities of our subsidiaries that are not guaranteeing the U.S. Notes to the extent of the assets of those subsidiaries. Repayment of Rhiag Acquired Debt and Debt Related Liabilities On March 24, 2016, LKQ Netherlands B.V., a wholly-owned subsidiary of LKQ Corporation, borrowed €508 million under our multi-currency revolving credit facility to repay the Rhiag acquired debt and debt related liabilities. The borrowed funds were passed through an intercompany note to Rhiag and then were used to pay (i) $519.6 million ( €465.0 million ) for the principal of Rhiag senior note debt assumed with the acquisition, (ii) accrued interest of $8.0 million ( €7.1 million ) on the notes, (iii) the call premium of $23.8 million ( €21.2 million ) associated with early redemption of the notes and (iv) $4.9 million ( €4.4 million ) to terminate Rhiag’s outstanding interest rate swap related to the floating portion of the notes. The call premium is recorded as a loss on debt extinguishment in the Unaudited Condensed Consolidated Statements of Income. Euro Notes On April 14, 2016, LKQ Italia Bondco S.p.A. (the “Issuer”), an indirect, wholly-owned subsidiary of LKQ Corporation, completed an offering of €500 million aggregate principal amount of senior notes due April 1, 2024 (the “Euro Notes”) in a private placement conducted pursuant to Regulation S and Rule 144A under the Securities Act of 1933. The proceeds from the offering were used to repay a portion of the revolver borrowings under the Credit Agreement and to pay related fees and expenses. The Euro Notes are governed by the Indenture dated as of April 14, 2016 (the “Indenture”) among the Issuer, LKQ Corporation and certain of our subsidiaries (the “Euro Notes Subsidiaries”), the trustee, and the paying agent, transfer agent, and registrar. The Euro Notes bear interest at a rate of 3.875% per year from the date of original issuance or from the most recent payment date on which interest has been paid or provided for. Interest on the Euro Notes is payable in arrears on April 1 and October 1 of each year, beginning on October 1, 2016. The Euro Notes are fully and unconditionally guaranteed by LKQ Corporation and the Euro Notes Subsidiaries (the "Euro Notes Guarantors"). The Euro Notes and the guarantees are, respectively, the Issuer’s and each Euro Notes Guarantor’s senior unsecured obligations and are subordinated to all of the Issuer's and the Euro Notes Guarantors’ existing and future secured debt to the extent of the assets securing that secured debt. In addition, the Euro Notes are effectively subordinated to all of the liabilities of our subsidiaries that are not guaranteeing the Euro Notes to the extent of the assets of those subsidiaries. The Euro Notes have been listed on the ExtraMOT, Professional Segment of the Borsa Italia S.p.A. securities exchange as well as the Global Exchange Market of the Irish Stock Exchange. Related to the execution of the Euro Notes in April 2016, we incurred $10.3 million of fees which were capitalized as an offset to Long-Term Obligations and are amortized over the term of the offering. Receivables Securitization Facility On November 29, 2016, we amended the terms of the receivables securitization facility with The Bank of Tokyo-Mitsubishi UFJ, LTD. ("BTMU") to: (i) extend the term of the facility to November 8, 2019; (ii) increase the maximum amount available to $100 million ; and (iii) make other clarifying and updating changes. Under the facility, LKQ sells an ownership interest in certain receivables, related collections and security interests to BTMU for the benefit of conduit investors and/or financial institutions for cash proceeds. Upon payment of the receivables by customers, rather than remitting to BTMU the amounts collected, LKQ retains such collections as proceeds for the sale of new receivables generated by certain of the ongoing operations of the Company. The sale of the ownership interest in the receivables is accounted for as a secured borrowing in our Unaudited Condensed Consolidated Balance Sheets, under which the receivables included in the program collateralize the amounts invested by BTMU, the conduit investors and/or financial institutions (the "Purchasers"). The receivables are held by LKQ Receivables Finance Company, LLC ("LRFC"), a wholly-owned bankruptcy-remote special purpose subsidiary of LKQ, and therefore, the receivables are available first to satisfy the creditors of LRFC, including the investors. As of June 30, 2017 and December 31, 2016 , $153.3 million and $140.3 million , respectively, of net receivables were collateral for the investment under the receivables facility. Under the receivables facility, we pay variable interest rates plus a margin on the outstanding amounts invested by the Purchasers. The variable rates are based on (i) commercial paper rates, (ii) the London InterBank Offered Rate ("LIBOR"), or (iii) base rates, and are payable monthly in arrears. Commercial paper rates will be the applicable variable rate unless conduit investors are not available to invest in the receivables at commercial paper rates. In such case, financial institutions will invest at the LIBOR rate or at base rates. We also pay a commitment fee on the excess of the investment maximum over the average daily outstanding investment, payable monthly in arrears. As of June 30, 2017 , the interest rate under the receivables facility was based on commercial paper rates and was 2.0% . The outstanding balances of $95.2 million and $100.0 million as of June 30, 2017 and December 31, 2016 , respectively, were classified as long-term on the Unaudited Condensed Consolidated Balance Sheets because we have the ability and intent to refinance these borrowings on a long-term basis.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
Derivative Instruments and Hedging Activities	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities We are exposed to market risks, including the effect of changes in interest rates, foreign currency exchange rates and commodity prices. Under our current policies, we use derivatives to manage our exposure to variable interest rates on our senior secured debt and changing foreign exchange rates for certain foreign currency denominated transactions. We do not hold or issue derivatives for trading purposes. Cash Flow Hedges We hold interest rate swap agreements to hedge a portion of the variable interest rate risk on our variable rate borrowings under our Credit Agreement, with the objective of minimizing the impact of interest rate fluctuations and stabilizing cash flows. Under the terms of the interest rate swap agreements, we pay the fixed interest rate and receive payment at a variable rate of interest based on LIBOR for the respective currency of each interest rate swap agreement’s notional amount. The effective portion of changes in the fair value of the interest rate swap agreements is recorded in Accumulated Other Comprehensive Income (Loss) and is reclassified to interest expense when the underlying interest payment has an impact on earnings. The ineffective portion of changes in the fair value of the interest rate swap agreements is reported in interest expense. Our interest rate swap contracts have maturity dates ranging from January to June 2021. From time to time, we may hold foreign currency forward contracts related to certain foreign currency denominated intercompany transactions, with the objective of minimizing the impact of fluctuating exchange rates on these future cash flows. Under the terms of the foreign currency forward contracts, we will sell the foreign currency in exchange for U.S. dollars at a fixed rate on the maturity dates of the contracts. The effective portion of the changes in fair value of the foreign currency forward contracts is recorded in Accumulated other comprehensive income (loss) and reclassified to other income (expense) when the underlying transaction has an impact on earnings. In 2016, we entered into three cross currency swap agreements for a total notional amount of $422.4 million ( €400 million ). The notional amount steps down by €15.0 million annually through 2020 with the remainder maturing in January 2021. These cross currency swaps contain an interest rate swap component and a foreign currency forward contract component that, combined with related intercompany financing arrangements, effectively convert variable rate U.S. dollar-denominated borrowings into fixed rate euro-denominated borrowings. The swaps are intended to minimize the impact of fluctuating exchange rates and interest rates on the cash flows resulting from the related intercompany financing arrangements. The effective portion of the changes in the fair value of the derivative instruments is recorded in Accumulated Other Comprehensive Income (Loss) and is reclassified to interest expense and other income (expense) when the underlying transactions have an impact on earnings. The following table summarizes the notional amounts and fair values of our designated cash flow hedges as of June 30, 2017 and December 31, 2016 (in thousands): Notional Amount Fair Value at June 30, 2017 (USD) Fair Value at December 31, 2016 (USD) June 30, 2017 December 31, 2016 Other Assets Other Noncurrent Liabilities Other Assets Other Noncurrent Liabilities Interest rate swap agreements USD denominated $ 590,000 $ 590,000 $ 15,132 $ — $ 16,421 $ — Cross currency swap agreements USD/euro $ 414,477 $ 422,408 1,673 34,054 1,486 3,128 Total cash flow hedges $ 16,805 $ 34,054 $ 17,907 $ 3,128 While certain derivative instruments executed with the same counterparty are subject to master netting arrangements, we present our cash flow hedge derivative instruments on a gross basis in our Unaudited Condensed Consolidated Balance Sheets. The impact of netting the fair values of these contracts would not have a material effect on our Unaudited Condensed Consolidated Balance Sheets at June 30, 2017 or December 31, 2016 . The activity related to our cash flow hedges is included in Note 8, "Accumulated Other Comprehensive Income (Loss) ." Ineffectiveness related to our cash flow hedges was immaterial to our results of operations during the three and six months ended June 30, 2017 and 2016. We do not expect future ineffectiveness related to our cash flow hedges to have a material effect on our results of operations. As of June 30, 2017 , we estimate that $0.6 million of derivative losses (net of tax) included in Accumulated other comprehensive income (loss) will be reclassified into our Unaudited Condensed Consolidated Statements of Income within the next 12 months. Other Derivative Instruments We hold other short-term derivative instruments, including foreign currency forward contracts, to manage our exposure to variability related to inventory purchases and intercompany financing transactions denominated in a non-functional currency. We have elected not to apply hedge accounting for these transactions, and therefore the contracts are adjusted to fair value through our results of operations as of each balance sheet date, which could result in volatility in our earnings. The notional amount and fair value of these contracts at June 30, 2017 and December 31, 2016 , along with the effect on our results of operations during each of the three and six month periods ended June 30, 2017 and 2016, were immaterial.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Financial Assets and Liabilities Measured at Fair Value We use the market and income approaches to value our financial assets and liabilities, and during the three and six months ended June 30, 2017 , there were no significant changes in valuation techniques or inputs related to the financial assets or liabilities that we have historically recorded at fair value. The tiers in the fair value hierarchy include: Level 1, defined as observable inputs such as quoted market prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The following tables present information about our financial assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs we utilized to determine such fair value as of June 30, 2017 and December 31, 2016 (in thousands): Balance as of June 30, 2017 Fair Value Measurements as of June 30, 2017 Level 1 Level 2 Level 3 Assets: Cash surrender value of life insurance $ 40,909 $ — $ 40,909 $ — Interest rate swaps 16,805 — 16,805 — Total Assets $ 57,714 $ — $ 57,714 $ — Liabilities: Contingent consideration liabilities $ 4,948 $ — $ — $ 4,948 Deferred compensation liabilities 42,650 — 42,650 — Foreign currency forward contracts 34,054 — 34,054 — Total Liabilities $ 81,652 $ — $ 76,704 $ 4,948 Balance as of December 31, 2016 Fair Value Measurements as of December 31, 2016 Level 1 Level 2 Level 3 Assets: Cash surrender value of life insurance $ 36,131 $ — $ 36,131 $ — Interest rate swaps 17,907 — 17,907 — Total Assets $ 54,038 $ — $ 54,038 $ — Liabilities: Contingent consideration liabilities $ 3,162 $ — $ — $ 3,162 Deferred compensation liabilities 36,865 — 36,865 — Foreign currency forward contracts 3,128 — 3,128 — Total Liabilities $ 43,155 $ — $ 39,993 $ 3,162 The cash surrender value of life insurance is included in Other Assets on our Unaudited Condensed Consolidated Balance Sheets. The current portion of deferred compensation is included in Accrued payroll-related liabilities and the current portion of contingent consideration liabilities is included in Other current liabilities on our Unaudited Condensed Consolidated Balance Sheets; the noncurrent portion of these amounts is included in Other Noncurrent Liabilities on our Unaudited Condensed Consolidated Balance Sheets based on the expected timing of the related payments. The balance sheet classification of the interest rate swaps and foreign currency forward contracts is presented in Note 10, "Derivative Instruments and Hedging Activities ." Our Level 2 assets and liabilities are valued using inputs from third parties and market observable data. We obtain valuation data for the cash surrender value of life insurance and deferred compensation liabilities from third party sources, which determine the net asset values for our accounts using quoted market prices, investment allocations and reportable trades. We value our derivative instruments using a third party valuation model that performs a discounted cash flow analysis based on the terms of the contracts and market observable inputs such as current and forward interest rates and current and forward foreign exchange rates. Our contingent consideration liabilities are related to our business acquisitions. Under the terms of the contingent consideration agreements, payments may be made at specified future dates depending on the performance of the acquired business subsequent to the acquisition. The liabilities for these payments are classified as Level 3 liabilities because the related fair value measurement, which is determined using an income approach, includes significant inputs not observable in the market. Financial Assets and Liabilities Not Measured at Fair Value Our debt is reflected on the Unaudited Condensed Consolidated Balance Sheets at cost. Based on market conditions as of June 30, 2017 and December 31, 2016 , the fair value of our credit agreement borrowings reasonably approximated the carrying value of $1.7 billion and $2.1 billion , respectively. In addition, based on market conditions, the fair values of the outstanding borrowings under the receivables facility reasonably approximated the carrying values of $95.2 million and $100.0 million at June 30, 2017 and December 31, 2016 , respectively. As of June 30, 2017 and December 31, 2016 , the fair values of the U.S. Notes were approximately $614.6 million and $599.5 million , respectively, compared to a carrying value of $600.0 million . As of June 30, 2017 and December 31, 2016 , the fair values of the Euro Notes were approximately $619.6 million and $560.6 million compared to carrying values of $571.3 million and $525.9 million , respectively. The fair value measurements of the borrowings under our credit agreement and receivables facility are classified as Level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market, including interest rates on recent financing transactions with similar terms and maturities. We estimated the fair value by calculating the upfront cash payment a market participant would require at June 30, 2017 to assume these obligations. The fair value of our U.S. Notes is classified as Level 1 within the fair value hierarchy since it is determined based upon observable market inputs including quoted market prices in an active market. The fair value of our Euro Notes is determined based upon observable market inputs including quoted market prices in a market that is not active, and therefore is classified as Level 2 within the fair value hierarchy.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases We are obligated under noncancelable operating leases for corporate office space, warehouse and distribution facilities, trucks and certain equipment. In the second quarter of 2017, we entered into a lease for office space to be constructed for our field support center in Nashville, Tennessee. The commencement date is scheduled for June 30, 2018, with a lease term of 17 years and the option to renew and extend the lease for three consecutive renewal terms of five years each. Rent will escalate annually by 1.5% over the prior year's rent. Under the lease, we can exercise an early purchase option after the first year of the lease. The future minimum lease commitments under these leases at June 30, 2017 are as follows (in thousands): Six months ending December 31, 2017 $ 115,765 Years ending December 31: 2018 205,391 2019 169,376 2020 136,187 2021 103,497 2022 80,872 Thereafter 527,957 Future Minimum Lease Payments $ 1,339,045 Litigation and Related Contingencies We have certain contingencies resulting from litigation, claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business. We currently expect that the resolution of such contingencies will not materially affect our financial position, results of operations or cash flows.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes At the end of each interim period, we estimate our annual effective tax rate and apply that rate to our interim earnings. We also record the tax impact of certain unusual or infrequently occurring items, including changes in judgment about valuation allowances and the effects of changes in tax laws or rates, in the interim period in which they occur. The computation of the annual estimated effective tax rate at each interim period requires certain estimates and significant judgment including, but not limited to, the expected operating income for the year, projections of the proportion of income earned and taxed in state and foreign jurisdictions, permanent and temporary differences between book and taxable income, and the likelihood of recovering deferred tax assets generated in the current year. The accounting estimates used to compute the provision for income taxes may change as new events occur, additional information is obtained or as the tax environment changes. Our effective income tax rate for the six months ended June 30, 2017 was 33.8% , compared to 33.0% for the comparable prior year period. The effective tax rate reflected the impact of favorable discrete items of $5.5 million and $6.5 million for the six months ended June 30, 2017 and 2016, respectively, for excess tax benefits from stock-based payments; the year over year decrease in the tax benefits resulted in an increase to the effective tax rate compared to the prior year. Our effective tax rate was also negatively impacted by an increase in the effective tax rate for our Europe operations as a result of changes in tax laws and expected geographic blend of earnings.

Segment and Geographic Informat

Segment and Geographic Information	6 Months Ended
Segment and Geographic Information	Jun. 30, 2017
Segment Reporting [Abstract]
Segment and Geographic Information	Segment and Geographic Information We have four operating segments: Wholesale – North America, Europe, Specialty and Self Service. Our Wholesale – North America and Self Service operating segments are aggregated into one reportable segment, North America, because they possess similar economic characteristics and have common products and services, customers, and methods of distribution. Our reportable segments are organized based on a combination of geographic areas served and type of product lines offered. The reportable segments are managed separately as each business serves different customers (i.e. geographic in the case of North America and Europe and product type in the case of Specialty) and is affected by different economic conditions. Therefore, we present three reportable segments: North America, Europe and Specialty. The following tables present our financial performance by reportable segment for the periods indicated (in thousands): North America (1) Europe Specialty (1) Eliminations Consolidated Three Months Ended June 30, 2017 Revenue: Third Party $ 1,206,305 $ 889,751 $ 362,355 $ — $ 2,458,411 Intersegment 209 — 1,115 (1,324 ) — Total segment revenue $ 1,206,514 $ 889,751 $ 363,470 $ (1,324 ) $ 2,458,411 Segment EBITDA $ 173,732 $ 83,549 $ 48,578 $ — $ 305,859 Depreciation and amortization (2) 21,823 28,732 5,447 — 56,002 Three Months Ended June 30, 2016 Revenue: Third Party $ 1,137,213 $ 824,216 $ 343,377 $ — $ 2,304,806 Intersegment 193 (10 ) 1,094 (1,277 ) — Total segment revenue $ 1,137,406 $ 824,206 $ 344,471 $ (1,277 ) $ 2,304,806 Segment EBITDA $ 166,075 $ 89,982 $ 43,546 $ — $ 299,603 Depreciation and amortization (2) 20,285 28,280 5,403 — 53,968 North America (1) Europe Specialty (1) Eliminations Consolidated Six Months Ended June 30, 2017 Revenue: Third Party $ 2,414,352 $ 1,710,648 $ 676,254 $ — $ 4,801,254 Intersegment 402 — 2,150 (2,552 ) — Total segment revenue $ 2,414,754 $ 1,710,648 $ 678,404 $ (2,552 ) $ 4,801,254 Segment EBITDA $ 349,867 $ 162,243 $ 84,019 $ — $ 596,129 Depreciation and amortization (2) 42,201 53,483 10,922 — 106,606 Six Months Ended June 30, 2016 Revenue: Third Party $ 2,217,819 $ 1,370,967 $ 637,496 $ — $ 4,226,282 Intersegment 407 — 2,045 (2,452 ) — Total segment revenue $ 2,218,226 $ 1,370,967 $ 639,541 $ (2,452 ) $ 4,226,282 Segment EBITDA $ 311,766 $ 147,480 $ 76,968 $ — $ 536,214 Depreciation and amortization (2) 37,675 38,588 10,871 — 87,134 (1) In the first quarter of 2017, we realigned a portion of our North America operations under our Specialty segment. Prior year results have been recast to reflect the shift in reporting structure in order to present segment results on a comparable basis. (2) Amounts presented include depreciation and amortization expense recorded within cost of goods sold. The key measure of segment profit or loss reviewed by our chief operating decision maker, who is our Chief Executive Officer, is Segment EBITDA. Segment EBITDA includes revenue and expenses that are controllable by the segment. Corporate general and administrative expenses are allocated to the segments based on usage, with shared expenses apportioned based on the segment's percentage of consolidated revenue. We calculate Segment EBITDA as EBITDA excluding restructuring and acquisition related expenses, change in fair value of contingent consideration liabilities, other acquisition related gains and losses and equity in earnings (loss) of unconsolidated subsidiaries. EBITDA, which is the basis for Segment EBITDA, is calculated as net income excluding discontinued operations, depreciation, amortization, interest (which includes loss on debt extinguishment) and income tax expense. The table below provides a reconciliation of Net Income to Segment EBITDA (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Net income $ 150,914 $ 142,785 $ 287,192 $ 254,956 Subtract: Income (loss) from discontinued operations, net of tax — 4,975 (4,531 ) 4,975 Income from continuing operations 150,914 137,810 291,723 249,981 Add: Depreciation and amortization 53,645 52,501 102,301 84,189 Depreciation and amortization - cost of goods sold 2,357 1,467 4,305 2,945 Interest expense, net 24,596 24,649 48,584 39,241 Loss on debt extinguishment — — — 26,650 Provision for income taxes 75,862 70,262 148,017 123,390 EBITDA 307,374 286,689 594,930 526,396 Subtract: Equity in earnings (loss) of unconsolidated subsidiaries 991 (186 ) 1,205 (548 ) Gains on foreign exchange contracts - acquisition related (1) — — — 18,342 Gain on bargain purchase (2) 3,077 — 3,077 — Add: Restructuring and acquisition related expenses (3) 2,521 9,080 5,449 23,891 Inventory step-up adjustment - acquisition related (4) — 3,602 — 3,602 Change in fair value of contingent consideration liabilities 32 46 32 119 Segment EBITDA $ 305,859 $ 299,603 $ 596,129 $ 536,214 (1) Reflects gains on foreign currency forwards used to fix the euro purchase price of Rhiag. See Note 2, "Business Combinations ," for further information. (2) Reflects the gain on bargain purchase related to our acquisitions of Andrew Page and a wholesale business in Europe. See Note 2, "Business Combinations ," for further information. (3) See Note 5, "Restructuring and Acquisition Related Expenses ," for further information. (4) Reflects the impact on Cost of Goods Sold of the step-up acquisition adjustment to record PGW inventory at its fair value. The following table presents capital expenditures by reportable segment (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Capital Expenditures North America $ 22,153 $ 21,068 $ 38,913 $ 43,851 Europe 22,676 21,444 43,134 40,551 Specialty 2,318 2,150 5,900 10,653 Discontinued operations — 7,264 3,598 7,264 Total capital expenditures $ 47,147 $ 51,926 $ 91,545 $ 102,319 (1) Prior year amounts have not been recast to reflect the realignment of a portion of our North America operations under our Specialty segment, as the amounts were not material. The following table presents assets by reportable segment (in thousands): June 30, December 31, 2017 2016 (1) Receivables, net North America $ 378,038 $ 351,681 Europe 508,940 443,281 Specialty 114,268 65,587 Total receivables, net 1,001,246 860,549 Inventories North America 987,583 915,244 Europe 793,322 718,729 Specialty 282,557 301,264 Total inventories 2,063,462 1,935,237 Property and Equipment, net North America 509,959 505,925 Europe 273,194 247,910 Specialty 58,455 57,741 Total property and equipment, net 841,608 811,576 Equity Method Investments North America 336 336 Europe 181,660 183,131 Total equity method investments 181,996 183,467 Other unallocated assets 4,342,630 4,512,370 Total assets $ 8,430,942 $ 8,303,199 (1) In the first quarter of 2017, we realigned a portion of our North America operations under our Specialty segment. Prior year amounts have been recast to reflect the shift in reporting structure. We report net receivables, inventories, net property and equipment, and equity method investments by segment as that information is used by the chief operating decision maker in assessing segment performance. These assets provide a measure for the operating capital employed in each segment. Unallocated assets include cash, prepaid and other current and noncurrent assets, goodwill, intangibles, assets of discontinued operations and income taxes. The majority of our operations are conducted in the U.S. Our European operations are located in the U.K., the Netherlands, Belgium, France, Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Spain, Sweden, and Norway. Our operations in other countries include recycled and aftermarket operations in Canada, engine remanufacturing and bumper refurbishing operations in Mexico, an aftermarket parts freight consolidation warehouse in Taiwan, and administrative support functions in India. Our net sales are attributed to geographic area based on the location of the selling operation. The following table sets forth our revenue by geographic area (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Revenue United States $ 1,456,065 $ 1,375,707 $ 2,873,105 $ 2,660,674 United Kingdom 390,022 358,266 772,674 707,942 Other countries 612,324 570,833 1,155,475 857,666 Total revenue $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282 The following table sets forth our tangible long-lived assets by geographic area (in thousands): June 30, December 31, 2017 2016 Long-lived Assets United States $ 536,714 $ 531,425 United Kingdom 176,908 159,689 Other countries 127,986 120,462 Total long-lived assets $ 841,608 $ 811,576 The following table sets forth our revenue by product category (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Aftermarket, other new and refurbished products $ 1,862,573 $ 1,751,079 $ 3,620,635 $ 3,138,815 Recycled, remanufactured and related products and services 463,310 435,023 918,189 865,612 Other 132,528 118,704 262,430 221,855 Total revenue $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282 Our North America reportable segment generates revenue from all of our product categories, while our Europe and Specialty segments generate revenue primarily from the sale of aftermarket products. Revenue from other sources includes scrap sales, bulk sales to mechanical remanufacturers (including cores) and sales of aluminum ingots and sows from our furnace operations.

Condensed Consolidating Financi

Condensed Consolidating Financial Information	6 Months Ended
Condensed Consolidating Financial Information	Jun. 30, 2017
Condensed Consolidating Financial Information [Abstract]
Condensed Consolidating Financial Information	Condensed Consolidating Financial Information LKQ Corporation (the "Parent") issued, and the Guarantors have fully and unconditionally guaranteed, jointly and severally, the U.S. Notes due on May 15, 2023. A Guarantor's guarantee will be unconditionally and automatically released and discharged upon the occurrence of any of the following events: (i) a transfer (including as a result of consolidation or merger) by the Guarantor to any person that is not a Guarantor of all or substantially all assets and properties of such Guarantor, provided the Guarantor is also released from its obligations with respect to indebtedness under the Credit Agreement or other indebtedness of ours, which obligation gave rise to the guarantee of the U.S. Notes; (ii) a transfer (including as a result of consolidation or merger) to any person that is not a Guarantor of the equity interests of a Guarantor or issuance by a Guarantor of its equity interests such that the Guarantor ceases to be a subsidiary, as defined in the Indenture, provided the Guarantor is also released from its obligations with respect to indebtedness under the Credit Agreement or other indebtedness of ours, which obligation gave rise to the guarantee of the U.S. Notes; (iii) the release of the Guarantor from its obligations with respect to indebtedness under the Credit Agreement or other indebtedness of ours, which obligation gave rise to the guarantee of the U.S. Notes; and (iv) upon legal defeasance, covenant defeasance or satisfaction and discharge of the Indenture, as defined in the Indenture. Presented below are the unaudited condensed consolidating financial statements of the Parent, the Guarantors, the non-guarantor subsidiaries (the "Non-Guarantors"), and the elimination entries necessary to present our financial statements on a consolidated basis as required by Rule 3-10 of Regulation S-X of the Securities Exchange Act of 1934 resulting from the guarantees of the U.S. Notes. Investments in consolidated subsidiaries have been presented under the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries, intercompany balances, and intercompany revenue and expenses. The unaudited condensed consolidating financial statements below have been prepared from our financial information on the same basis of accounting as the unaudited condensed consolidated financial statements, and may not necessarily be indicative of the financial position, results of operations or cash flows had the Parent, Guarantors and Non-Guarantors operated as independent entities. LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Three Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 1,487,435 $ 1,001,733 $ (30,757 ) $ 2,458,411 Cost of goods sold — 889,087 635,072 (30,757 ) 1,493,402 Gross margin — 598,348 366,661 — 965,009 Facility and warehouse expenses — 129,332 61,604 — 190,936 Distribution expenses — 121,584 72,808 — 194,392 Selling, general and administrative expenses 9,165 134,527 135,250 — 278,942 Restructuring and acquisition related expenses — 654 1,867 — 2,521 Depreciation and amortization 30 24,586 29,029 — 53,645 Operating (loss) income (9,195 ) 187,665 66,103 — 244,573 Other expense (income): Interest expense, net 16,492 26 8,078 — 24,596 Intercompany interest (income) expense, net (2,160 ) (2,735 ) 4,895 — — Gain on bargain purchase — — (3,077 ) — (3,077 ) Other (income) expense, net (37 ) (4,067 ) 1,373 — (2,731 ) Total other expense (income), net 14,295 (6,776 ) 11,269 — 18,788 (Loss) income from continuing operations before (benefit) provision for income taxes (23,490 ) 194,441 54,834 — 225,785 (Benefit) provision for income taxes (11,161 ) 73,363 13,660 — 75,862 Equity in earnings of unconsolidated subsidiaries 182 — 809 — 991 Equity in earnings of subsidiaries 163,061 5,795 — (168,856 ) — Net income $ 150,914 $ 126,873 $ 41,983 $ (168,856 ) $ 150,914 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Three Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 1,419,225 $ 919,752 $ (34,171 ) $ 2,304,806 Cost of goods sold — 852,430 580,731 (34,171 ) 1,398,990 Gross margin — 566,795 339,021 — 905,816 Facility and warehouse expenses — 117,430 59,948 — 177,378 Distribution expenses — 118,320 66,006 — 184,326 Selling, general and administrative expenses 8,887 128,973 112,226 — 250,086 Restructuring and acquisition related expenses — 7,082 1,998 — 9,080 Depreciation and amortization 33 23,453 29,015 — 52,501 Operating (loss) income (8,920 ) 171,537 69,828 — 232,445 Other expense (income): Interest expense (income), net 16,125 (309 ) 8,833 — 24,649 Intercompany interest (income) expense, net (2,355 ) 2,376 (21 ) — — Other expense (income), net 33 (1,542 ) 1,047 — (462 ) Total other expense, net 13,803 525 9,859 — 24,187 (Loss) income from continuing operations before (benefit) provision for income taxes (22,723 ) 171,012 59,969 — 208,258 (Benefit) provision for income taxes (9,670 ) 67,812 12,120 — 70,262 Equity in earnings (loss) of unconsolidated subsidiaries — 14 (200 ) — (186 ) Equity in earnings (loss) of subsidiaries 150,863 (1,540 ) — (149,323 ) — Income from continuing operations 137,810 101,674 47,649 (149,323 ) 137,810 Income from discontinued operations, net of tax 4,975 4,975 1,971 (6,946 ) 4,975 Net income $ 142,785 $ 106,649 $ 49,620 $ (156,269 ) $ 142,785 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 2,940,951 $ 1,931,704 $ (71,401 ) $ 4,801,254 Cost of goods sold — 1,752,462 1,225,091 (71,401 ) 2,906,152 Gross margin — 1,188,489 706,613 — 1,895,102 Facility and warehouse expenses — 257,135 123,581 — 380,716 Distribution expenses — 242,014 138,188 — 380,202 Selling, general and administrative expenses 18,348 271,822 255,999 — 546,169 Restructuring and acquisition related expenses — 2,537 2,912 — 5,449 Depreciation and amortization 60 48,067 54,174 — 102,301 Operating (loss) income (18,408 ) 366,914 131,759 — 480,265 Other expense (income): Interest expense, net 32,672 224 15,688 — 48,584 Intercompany interest (income) expense, net (7,832 ) (1,716 ) 9,548 — — Gain on bargain purchase — — (3,077 ) — (3,077 ) Other expense (income), net 254 (4,236 ) 205 — (3,777 ) Total other expense (income), net 25,094 (5,728 ) 22,364 — 41,730 (Loss) income from continuing operations before (benefit) provision for income taxes (43,502 ) 372,642 109,395 — 438,535 (Benefit) provision for income taxes (18,598 ) 143,401 23,214 — 148,017 Equity in earnings of unconsolidated subsidiaries — — 1,205 — 1,205 Equity in earnings of subsidiaries 316,627 10,608 — (327,235 ) — Income from continuing operations 291,723 239,849 87,386 (327,235 ) 291,723 (Loss) income from discontinued operations, net of tax (4,531 ) (4,531 ) 2,050 2,481 (4,531 ) Net income $ 287,192 $ 235,318 $ 89,436 $ (324,754 ) $ 287,192 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 2,737,392 $ 1,555,389 $ (66,499 ) $ 4,226,282 Cost of goods sold — 1,647,670 978,858 (66,499 ) 2,560,029 Gross margin — 1,089,722 576,531 — 1,666,253 Facility and warehouse expenses — 232,640 102,343 — 334,983 Distribution expenses — 222,474 114,195 — 336,669 Selling, general and administrative expenses 19,266 255,641 193,497 — 468,404 Restructuring and acquisition related expenses — 11,118 12,773 — 23,891 Depreciation and amortization 69 43,997 40,123 — 84,189 Operating (loss) income (19,335 ) 323,852 113,600 — 418,117 Other expense (income): Interest expense (income), net 28,242 (166 ) 11,165 — 39,241 Intercompany interest (income) expense, net (13,032 ) 8,966 4,066 — — Loss on debt extinguishment 2,894 — 23,756 — 26,650 Gains on foreign exchange contracts - acquisition related (18,342 ) — — — (18,342 ) Other (income) expense, net (78 ) (4,342 ) 1,069 — (3,351 ) Total other (income) expense, net (316 ) 4,458 40,056 — 44,198 (Loss) income from continuing operations before (benefit) provision for income taxes (19,019 ) 319,394 73,544 — 373,919 (Benefit) provision for income taxes (9,557 ) 118,128 14,819 — 123,390 Equity in (loss) earnings of unconsolidated subsidiaries (795 ) 19 228 — (548 ) Equity in earnings of subsidiaries 260,238 10,402 — (270,640 ) — Income from continuing operations 249,981 211,687 58,953 (270,640 ) 249,981 Income from discontinued operations, net of tax 4,975 4,975 1,971 (6,946 ) 4,975 Net income $ 254,956 $ 216,662 $ 60,924 $ (277,586 ) $ 254,956 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Three Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 150,914 $ 126,873 $ 41,983 $ (168,856 ) $ 150,914 Other comprehensive income (loss): Foreign currency translation 93,597 10,097 92,903 (103,000 ) 93,597 Net change in unrecognized gains/losses on derivative instruments, net of tax (930 ) — — — (930 ) Net change in unrealized gains/losses on pension plans, net of tax (862 ) (448 ) (414 ) 862 (862 ) Net change in other comprehensive loss from unconsolidated subsidiaries (439 ) — (439 ) 439 (439 ) Total other comprehensive income 91,366 9,649 92,050 (101,699 ) 91,366 Total comprehensive income $ 242,280 $ 136,522 $ 134,033 $ (270,555 ) $ 242,280 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Three Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 142,785 $ 106,649 $ 49,620 $ (156,269 ) $ 142,785 Other comprehensive (loss) income: Foreign currency translation (73,257 ) (15,116 ) (73,830 ) 88,946 (73,257 ) Net change in unrecognized gains/losses on derivative instruments, net of tax (3,614 ) — 99 (99 ) (3,614 ) Net change in unrealized gains/losses on pension plans, net of tax 120 — 120 (120 ) 120 Total other comprehensive loss (76,751 ) (15,116 ) (73,611 ) 88,727 (76,751 ) Total comprehensive income (loss) $ 66,034 $ 91,533 $ (23,991 ) $ (67,542 ) $ 66,034 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 287,192 $ 235,318 $ 89,436 $ (324,754 ) $ 287,192 Other comprehensive income (loss): Foreign currency translation 115,176 13,975 114,035 (128,010 ) 115,176 Net change in unrecognized gains/losses on derivative instruments, net of tax 2,233 (133 ) — 133 2,233 Net change in unrealized gains/losses on pension plans, net of tax (3,903 ) (3,253 ) (650 ) 3,903 (3,903 ) Net change in other comprehensive loss from unconsolidated subsidiaries (601 ) — (601 ) 601 (601 ) Total other comprehensive income 112,905 10,589 112,784 (123,373 ) 112,905 Total comprehensive income $ 400,097 $ 245,907 $ 202,220 $ (448,127 ) $ 400,097 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 254,956 $ 216,662 $ 60,924 $ (277,586 ) $ 254,956 Other comprehensive (loss) income: Foreign currency translation (73,117 ) (17,971 ) (76,869 ) 94,840 (73,117 ) Net change in unrecognized gains/losses on derivative instruments, net of tax (3,182 ) — 195 (195 ) (3,182 ) Net change in unrealized gains/losses on pension plans, net of tax 267 — 267 (267 ) 267 Total other comprehensive loss (76,032 ) (17,971 ) (76,407 ) 94,378 (76,032 ) Total comprehensive income (loss) $ 178,924 $ 198,691 $ (15,483 ) $ (183,208 ) $ 178,924 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands) June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 27,445 $ 45,865 $ 230,234 $ — $ 303,544 Receivables, net — 300,971 700,275 — 1,001,246 Intercompany receivables, net 3,259 — 18,809 (22,068 ) — Inventories — 1,199,944 863,518 — 2,063,462 Prepaid expenses and other current assets 20,389 46,791 65,303 — 132,483 Total current assets 51,093 1,593,571 1,878,139 (22,068 ) 3,500,735 Property and equipment, net 310 538,159 303,139 — 841,608 Intangible assets: Goodwill — 1,883,562 1,308,051 — 3,191,613 Other intangibles, net — 154,082 441,251 — 595,333 Investment in subsidiaries 5,379,280 89,217 — (5,468,497 ) — Intercompany notes receivable 1,182,590 796,682 — (1,979,272 ) — Equity method investments — 336 181,660 — 181,996 Other assets 62,025 36,177 25,765 (4,310 ) 119,657 Total assets $ 6,675,298 $ 5,091,786 $ 4,138,005 $ (7,474,147 ) $ 8,430,942 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 4,267 $ 303,516 $ 416,418 $ — $ 724,201 Intercompany payables, net — 18,809 3,259 (22,068 ) — Accrued expenses: Accrued payroll-related liabilities 5,092 46,350 55,369 — 106,811 Other accrued expenses 4,940 101,199 140,608 — 246,747 Other current liabilities 283 24,621 22,137 — 47,041 Current portion of long-term obligations 36,397 1,842 58,621 — 96,860 Total current liabilities 50,979 496,337 696,412 (22,068 ) 1,221,660 Long-term obligations, excluding current portion 1,935,305 6,651 948,752 — 2,890,708 Intercompany notes payable 750,000 717,920 511,352 (1,979,272 ) — Deferred income taxes — 118,207 111,365 (4,310 ) 225,262 Other noncurrent liabilities 82,329 111,961 42,337 — 236,627 Total stockholders’ equity 3,856,685 3,640,710 1,827,787 (5,468,497 ) 3,856,685 Total liabilities and stockholders' equity $ 6,675,298 $ 5,091,786 $ 4,138,005 $ (7,474,147 ) $ 8,430,942 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands) December 31, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 33,030 $ 35,360 $ 159,010 $ — $ 227,400 Receivables, net — 248,188 612,361 — 860,549 Intercompany receivables, net 2,805 11,237 8,837 (22,879 ) — Inventories — 1,149,763 785,474 — 1,935,237 Prepaid expenses and other current assets 1,640 43,165 42,963 — 87,768 Assets of discontinued operations — 357,788 98,852 — 456,640 Total current assets 37,475 1,845,501 1,707,497 (22,879 ) 3,567,594 Property and equipment, net 239 527,705 283,632 — 811,576 Intangible assets: Goodwill — 1,851,274 1,203,495 — 3,054,769 Other intangibles, net — 153,689 430,542 — 584,231 Investment in subsidiaries 5,067,297 242,032 — (5,309,329 ) — Intercompany notes receivable 1,510,534 800,283 — (2,310,817 ) — Equity method investments — 336 183,131 — 183,467 Other assets 59,726 25,177 — 22,347 (5,688 ) — 101,562 Total assets $ 6,675,271 $ 5,445,997 $ 3,830,644 $ (7,648,713 ) $ 8,303,199 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 1,309 $ 244,074 $ 388,390 $ — $ 633,773 Intercompany payables, net 11,237 8,837 2,805 (22,879 ) — Accrued expenses: Accrued payroll-related liabilities 6,404 58,187 54,164 — 118,755 Other accrued expenses 5,502 94,287 109,312 — 209,101 Other current liabilities 4,283 18,456 15,204 — 37,943 Current portion of long-term obligations 37,710 1,097 27,302 — 66,109 Liabilities of discontinued operations — 110,890 34,214 — 145,104 Total current liabilities 66,445 535,828 631,391 (22,879 ) 1,210,785 Long-term obligations, excluding current portion 2,371,578 8,356 895,728 — 3,275,662 Intercompany notes payable 750,000 1,074,218 486,599 (2,310,817 ) — Deferred income taxes — 95,765 109,580 (5,688 ) 199,657 Other noncurrent liabilities 44,299 90,722 39,125 — 174,146 Total stockholders’ equity 3,442,949 3,641,108 1,668,221 (5,309,329 ) 3,442,949 Total liabilities and stockholders' equity $ 6,675,271 $ 5,445,997 $ 3,830,644 $ (7,648,713 ) $ 8,303,199 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by operating activities $ 156,127 $ 290,589 $ 114,476 $ (199,095 ) $ 362,097 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (64 ) (41,718 ) (49,763 ) — (91,545 ) Investment and intercompany note activity with subsidiaries 276,377 — — (276,377 ) — Acquisitions, net of cash acquired — (78,121 ) (22,607 ) — (100,728 ) Proceeds from disposals of business/investment — 305,740 (4,443 ) — 301,297 Other investing activities, net — (395 ) 5,107 — 4,712 Net cash provided by (used in) investing activities 276,313 185,506 (71,706 ) (276,377 ) 113,736 CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of stock options 5,151 — — — 5,151 Taxes paid related to net share settlements of stock-based compensation awards (3,955 ) — — — (3,955 ) Borrowings under revolving credit facilities 97,000 — 65,794 — 162,794 Repayments under revolving credit facilities (515,931 ) — (69,523 ) — (585,454 ) Repayments under term loans (18,590 ) — — (18,590 ) Borrowings under receivables securitization facility — — 150 — 150 Repayments under receivables securitization facility — — (5,000 ) — (5,000 ) (Repayments) borrowings of other debt, net (1,700 ) (1,161 ) 22,452 — 19,591 Payments of other obligations — (1,336 ) (743 ) — (2,079 ) Other financing activities, net — 5,000 (684 ) — 4,316 Investment and intercompany note activity with parent — (269,668 ) (6,709 ) 276,377 — Dividends — (199,095 ) — 199,095 — Net cash (used in) provided by financing activities (438,025 ) (466,260 ) 5,737 475,472 (423,076 ) Effect of exchange rate changes on cash and cash equivalents — 521 15,750 — 16,271 Net (decrease) increase in cash and cash equivalents (5,585 ) 10,356 64,257 — 69,028 Cash and cash equivalents of continuing operations, beginning of period 33,030 35,360 159,010 — 227,400 Add: Cash and cash equivalents of discontinued operations, beginning of period — 149 6,967 — 7,116 Cash and cash equivalents of continuing and discontinued operations, beginning of period 33,030 35,509 165,977 — 234,516 Cash and cash equivalents, end of period $ 27,445 $ 45,865 $ 230,234 $ — $ 303,544 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by operating activities $ 142,783 $ 300,978 $ 66,346 $ (148,192 ) $ 361,915 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (2 ) (57,742 ) (44,575 ) — (102,319 ) Investment and intercompany note activity with subsidiaries (1,293,298 ) (34,448 ) — 1,327,746 — Acquisitions, net of cash acquired — (661,852 ) (606,989 ) — (1,268,841 ) Proceeds from disposals of business/investment — — 10,304 — 10,304 Proceeds from foreign exchange contracts 18,342 — — — 18,342 Other investing activities, net — 400 609 — 1,009 Net cash used in investing activities (1,274,958 ) (753,642 ) (640,651 ) 1,327,746 (1,341,505 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of stock options 4,889 — — — 4,889 Taxes paid related to net share settlements of stock-based compensation awards (2,281 ) — — — (2,281 ) Debt issuance costs (7,100 ) — (9,071 ) — (16,171 ) Proceeds from issuance of Euro notes — — 563,450 — 563,450 Borrowings under revolving credit facilities 1,204,000 — 618,020 — 1,822,020 Repayments under revolving credit facilities (119,000 ) — (893,362 ) — (1,012,362 ) Borrowings under term loans 89,317 — 249,161 — 338,478 Repayments under term loans (3,122 ) — (1,599 ) — (4,721 ) Borrowings under receivables securitization facility — — 97,000 — 97,000 Repayments under receivables securitization facility — — (66,480 ) — (66,480 ) Repayments of other debt, net — (1,657 ) (6,167 ) — (7,824 ) Payments of Rhiag debt and related payments — — (543,347 ) — (543,347 ) Payments of other obligations — (1,436 ) — — (1,436 ) Other financing activities, net — 65 — — 65 Investment and intercompany note activity with parent — 621,619 706,127 (1,327,746 ) — Dividends — (148,192 ) — 148,192 — Net cash provided by financing activities 1,166,703 470,399 713,732 (1,179,554 ) 1,171,280 Effect of exchange rate changes on cash and cash equivalents — (27 ) (5,857 ) — (5,884 ) Net increase in cash and cash equivalents 34,528 17,708 133,570 — 185,806 Cash and cash equivalents of continuing operations, beginning of period 17,616 13,432 56,349 — 87,397 Cash and cash equivalents of continuing and discontinued operations, end of period 52,144 31,140 189,919 — 273,203 Less: Cash and cash equivalents of discontinued operations, end of period — 12,094 9,246 — 21,340 Cash and cash equivalents, end of period $ 52,144 $ 19,046 $ 180,673 $ — $ 251,863

Financial Statement Informati23

Financial Statement Information (Policies)	6 Months Ended
Financial Statement Information (Policies)	Jun. 30, 2017
Accounting Policies [Abstract]
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Included in Cost of Goods Sold on the Unaudited Condensed Consolidated Statements of Income is depreciation expense associated with our refurbishing, remanufacturing, and furnace operations as well as our distribution centers. Total depreciation expense was $58.7 million and $53.9 million during the six months ended June 30, 2017 and 2016, respectively.
Revenue Recognition	Revenue Recognition The majority of our revenue is derived from the sale of vehicle parts. Revenue is recognized when the products are shipped to, delivered to or picked up by customers and title has transferred, subject to an allowance for estimated returns, discounts and allowances that we estimate based upon historical information. We recorded a reserve for estimated returns, discounts and allowances of approximately $40.0 million and $38.3 million at June 30, 2017 and December 31, 2016 , respectively. We present taxes assessed by governmental authorities collected from customers on a net basis. Therefore, the taxes are excluded from revenue on our Unaudited Condensed Consolidated Statements of Income and are shown as a current liability on our Unaudited Condensed Consolidated Balance Sheets until remitted. We recognize revenue from the sale of scrap metal, other metals, and cores when title has transferred, which typically occurs upon delivery to the customer.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts We have a reserve for uncollectible accounts which was approximately $52.0 million and $45.6 million at June 30, 2017 and December 31, 2016 , respectively.
Inventory	Inventories Inventories consists of the following (in thousands): June 30, December 31, 2017 2016 Aftermarket and refurbished products $ 1,613,871 $ 1,540,257 Salvage and remanufactured products 449,591 394,980 Total inventories $ 2,063,462 $ 1,935,237 Our acquisitions completed during 2017 contributed $19.0 million of the increase in our aftermarket and refurbished products inventory and $35.8 million of the increase in our salvage and remanufactured products inventory. See Note 2, "Business Combinations " for further information on our acquisitions.
Intangible Assets	Intangible Assets Intangible assets consist primarily of goodwill (the cost of purchased businesses in excess of the fair value of the identifiable net assets acquired) and other specifically identifiable intangible assets, such as trade names, trademarks, customer and supplier relationships, software and other technology related assets, and covenants not to compete. The changes in the carrying amount of goodwill by reportable segment during the six months ended June 30, 2017 are as follows (in thousands): North America (1) Europe Specialty (1) Total Balance as of January 1, 2017 $ 1,661,800 $ 1,099,976 $ 292,993 $ 3,054,769 Business acquisitions and adjustments to previously recorded goodwill 29,945 9,835 666 40,446 Exchange rate effects 4,206 92,394 (202 ) 96,398 Balance as of June 30, 2017 $ 1,695,951 $ 1,202,205 $ 293,457 $ 3,191,613 (1) In the first quarter of 2017, we realigned a portion of our North America operations under our Specialty segment. Prior year amounts have been recast to reflect the shift in reporting structure. The components of other intangibles acquired during the six months ended June 30, 2017 , are as follows (in thousands): Gross Amount All 2017 Acquisitions Trade names and trademarks $ 5,540 Customer and supplier relationships 10,550 Software and other technology related assets 796 $ 16,886 The components of other intangibles are as follows (in thousands): June 30, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Trade names and trademarks $ 312,886 $ (64,775 ) $ 248,111 $ 286,008 $ (51,104 ) $ 234,904 Customer and supplier relationships 430,348 (128,863 ) 301,485 395,284 (92,079 ) 303,205 Software and other technology related assets 89,979 (47,784 ) 42,195 77,329 (35,648 ) 41,681 Covenants not to compete 12,028 (8,486 ) 3,542 11,726 (7,285 ) 4,441 $ 845,241 $ (249,908 ) $ 595,333 $ 770,347 $ (186,116 ) $ 584,231 Our estimated useful lives for our finite lived intangible assets are as follows: Method of Amortization Useful Life Trade names and trademarks Straight-line 4-30 years Customer and supplier relationships Accelerated 4-20 years Software and other technology related assets Straight-line 3-6 years Covenants not to compete Straight-line 1-5 years Amortization expense for intangibles was $47.9 million and $33.2 million during the six months ended June 30, 2017 and 2016 , respectively. Estimated amortization expense for each of the five years through the period ending December 31, 2021 is $49.4 million (for the remaining six months of 2017), $84.5 million , $69.8 million , $55.0 million and $46.0 million , respectively
Warranty Reserve	Warranty Reserve Some of our salvage mechanical products are sold with a standard six month warranty against defects. Additionally, some of our remanufactured engines are sold with a standard three year warranty against defects. We also provide a limited lifetime warranty for certain of our aftermarket products. We record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity. Our warranty reserve is recorded within Other accrued expenses and Other Noncurrent Liabilities on our Unaudited Condensed Consolidated Balance Sheets based on the expected timing of the related payments. The changes in the warranty reserve are as follows (in thousands): Balance as of January 1, 2017 $ 19,634 Warranty expense 18,369 Warranty claims (16,762 ) Balance as of June 30, 2017 $ 21,241
Investments in Unconsolidated Subsidiaries	Investments in Unconsolidated Subsidiaries Our investment in unconsolidated subsidiaries was $182.0 million and $183.5 million as of June 30, 2017 and December 31, 2016 , respectively. On December 1, 2016, we acquired a 26.5 % equity interest in Mekonomen AB ("Mekonomen") from AxMeko AB, an affiliate of Axel Johnson AB, for an aggregate purchase price of $ 181.3 million. Headquartered in Stockholm, Sweden, Mekonomen is the leading independent car parts and service chain in the Nordic region of Europe, offering a range of products including spare parts and accessories for cars, and workshop services for consumers and businesses. We are accounting for our interest in Mekonomen using the equity method of accounting, as our investment gives us the ability to exercise significant influence, but not control, over the investee. As of June 30, 2017 , the book value of our investment in Mekonomen exceeded our share of the book value of Mekonomen's net assets by $116.6 million ; this difference is primarily related to goodwill and the fair value of other intangible assets. We are reporting our equity in the net earnings of Mekonomen on a one quarter lag, and therefore we recorded no equity in earnings for this investment in 2016. For the three and six months ended June 30, 2017 , we recorded equity in earnings totaling $2.0 million and $2.3 million , respectively, related to our investment in Mekonomen, which represents our share of the results from the investment date through March 31, 2017, including adjustments to convert the results to US GAAP and to recognize the impact of our purchase accounting adjustments. In May 2017, we received a cash dividend of $7.5 million (SEK 66.6 million ) related to our investment in Mekonomen. The level 1 fair value of our equity investment in the publicly traded Mekonomen common stock at June 30, 2017 was $188.5 million compared to a carrying value of $179.7 million .

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2017
Business Combinations [Abstract]
Purchase Price Allocations For Acquisitions	The preliminary purchase price allocations for the acquisitions completed during the six months ended June 30, 2017 and the year ended December 31, 2016 are as follows (in thousands): Six Months Ended Year Ended June 30, 2017 December 31, 2016 All Acquisitions (1) Rhiag PGW (2) Other Acquisitions Total Receivables $ 24,697 $ 230,670 $ 136,523 $ 13,216 $ 380,409 Receivable reserves (4,199 ) (28,242 ) (7,135 ) (794 ) (36,171 ) Inventories (3) 54,806 239,529 169,159 62,223 470,911 Prepaid expenses and other current assets (1,428 ) 10,793 42,573 4,445 57,811 Property and equipment (3,436 ) 56,774 225,645 17,140 299,559 Goodwill 40,446 585,415 205,058 52,336 842,809 Other intangibles 16,886 429,360 37,954 2,537 469,851 Other assets (4) 2,575 2,092 57,671 (133 ) 59,630 Deferred income taxes 150 (110,791 ) 17,506 (1,000 ) (94,285 ) Current liabilities assumed (16,653 ) (239,665 ) (168,332 ) (42,290 ) (450,287 ) Debt assumed (2,092 ) (550,843 ) (4,027 ) (2,378 ) (557,248 ) Other noncurrent liabilities assumed (1,539 ) (23,085 ) (50,847 ) (103 ) (74,035 ) Contingent consideration liabilities (4,279 ) — — — — Other purchase price obligations (3,615 ) — — (6,698 ) (6,698 ) Notes issued (258 ) — — (4,087 ) (4,087 ) Settlement of pre-existing balances — (591 ) — (32 ) (623 ) Gain on bargain purchase (5) (3,077 ) — — (8,207 ) (8,207 ) Cash used in acquisitions, net of cash acquired (6) $ 98,984 $ 601,416 $ 661,748 $ 86,175 $ 1,349,339 (1) Includes $6.4 million and $3.1 million of adjustments to reduce property and equipment and other current assets for Rhiag and PGW, respectively. (2) Includes both continuing and discontinued operations of PGW. See Note 3, "Discontinued Operations " for further information on our discontinued operations. (3) The PGW inventory balance includes the impact of a $9.8 million step-up adjustment to report the inventory at its fair value. (4) The balance for PGW includes $23.6 million of investments in unconsolidated subsidiaries which relate to the discontinued portion of our PGW operations. (5) The amount recorded during the six months ended June 30, 2017 includes a $1.9 million increase to the gain on bargain purchase recorded for our Andrew Page acquisition as a result of changes to our estimate of the fair value of the net assets acquired. The remainder of the gain on bargain purchase recorded during the six months ended June 30, 2017 is an immaterial amount related to another acquisition in Europe completed in the second quarter of 2017, as the fair value of the net assets acquired exceeded the purchase price. (6) During the six months ended June 30, 2017 , we paid $ 1.7 million for the settlement of other purchase price obligations (non-interest bearing). These payments are reflected in Acquisitions, net of cash acquired on our Unaudited Condensed Consolidated Statement of Cash Flows.
Pro Forma Effect Of Businesses Acquired	The following pro forma summary presents the effect of the businesses acquired during the six months ended June 30, 2017 as though the businesses had been acquired as of January 1, 2016 , and the businesses acquired during the year ended December 31, 2016 as though they had been acquired as of January 1, 2015 . The pro forma adjustments are based upon unaudited financial information of the acquired entities (in thousands, except per share data): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Revenue, as reported $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282 Revenue of purchased businesses for the period prior to acquisition: Rhiag — — — 213,376 PGW (1) — 19,506 — 102,540 Other acquisitions 6,707 124,095 34,160 248,470 Pro forma revenue $ 2,465,118 $ 2,448,407 $ 4,835,414 $ 4,790,668 Income from continuing operations, as reported $ 150,914 $ 137,810 $ 291,723 $ 249,981 Income from continuing operations of purchased businesses for the period prior to acquisition, and pro forma purchase accounting adjustments: Rhiag — 60 — (143 ) PGW (1),(2) — 736 — 7,574 Other acquisitions (629 ) (50 ) (803 ) (16 ) Acquisition related expenses, net of tax (3) 1,148 1,665 2,333 10,155 Pro forma income from continuing operations $ 151,433 $ 140,221 $ 293,253 $ 267,551 Earnings per share from continuing operations, basic—as reported $ 0.49 $ 0.45 $ 0.95 $ 0.82 Effect of purchased businesses for the period prior to acquisition: Rhiag — 0.00 — (0.00) PGW (1),(2) — 0.00 — 0.02 Other acquisitions (0.00) (0.00) (0.00) (0.00) Acquisition related expenses, net of tax (3) 0.00 0.01 0.01 0.03 Pro forma earnings per share from continuing operations, basic (4) $ 0.49 $ 0.46 $ 0.95 $ 0.87 Earnings per share from continuing operations, diluted—as reported $ 0.49 $ 0.45 $ 0.94 $ 0.81 Effect of purchased businesses for the period prior to acquisition: Rhiag — 0.00 — (0.00) PGW (1),(2) — 0.00 — 0.02 Other acquisitions (0.00) (0.00) (0.00) (0.00) Acquisition related expenses, net of tax (3) 0.00 0.01 0.01 0.03 Pro forma earnings per share from continuing operations, diluted (4) $ 0.49 $ 0.46 $ 0.94 $ 0.86 (1) PGW reflects the results for the continuing aftermarket automotive glass distribution business only. (2) Excludes $5.4 million of corporate costs for the six months ended June 30, 2016 that we do not expect to incur going forward as a result of the sale of our glass manufacturing business. (3) Includes expenses related to acquisitions closed in the period and excludes expenses for acquisitions not yet completed. (4) The sum of the individual earnings per share amounts may not equal the total due to rounding.

Discontinued Operations Discont

Discontinued Operations Discontinued Operations Income statement (Tables)	6 Months Ended
	Jun. 30, 2017
Disposal Groups, Including Discontinued Operations [Table Text Block]	The following table summarizes the operating results of the Company’s discontinued operations related to the sale described above for the three and six months ended June 30, 2017 and 2016 , as presented in “Income (loss) from discontinued operations, net of tax” on the Unaudited Condensed Consolidated Statements of Income (in thousands): Three Months Ended Six Months Ended June 30, (1) June 30, 2016 2017 2016 Revenue $ 145,887 $ 111,130 $ 145,887 Cost of goods sold 129,756 100,084 129,756 Operating expenses 5,392 8,369 5,392 Operating income 10,739 2,677 10,739 Interest and other expenses, net (2) (3,533 ) 1,204 (3,533 ) Income from discontinued operations before provision for income taxes 7,206 3,881 7,206 Provision for income taxes (3) 2,564 3,598 2,564 Equity in earnings (loss) of unconsolidated subsidiaries 333 (534 ) 333 Income (loss) from discontinued operations, net of tax 4,975 (251 ) 4,975 Loss on sale of discontinued operations, net of tax (4) — (4,280 ) — Net income (loss) from discontinued operations, net of tax $ 4,975 $ (4,531 ) $ 4,975 (1) There were no discontinued operations for the three months ended June 30, 2017 as the glass manufacturing business was sold on March 1, 2017. (2) The Company elected to allocate interest expense to discontinued operations based on the expected debt to be repaid. Under this approach, allocated interest from January 1, 2017 through the date of sale w as $1.6 million and from April 21, 2016 to June 30, 2016 was $1.7 million . The other expenses, net were foreign currency gains and losses. (3) The provision for income taxes for 2017 includes a return to provision adjustment related to its international operations. (4) In the first quarter of 2017, upon closing of the sale and write-off of the net assets of the glass manufacturing business, we recorded a pre-tax loss on sale of $8.6 million , and a $4.3 million tax benefit. The incremental loss primarily reflects a $5.7 million payable for intercompany sales from the glass manufacturing business to the aftermarket automotive glass distribution business incurred prior to closing which was paid by LKQ during the second quarter of 2017 and capital expenditures in 2017 that were not reimbursed by the buyer. No adjustments to the loss on sale were recorded in the second quarter of 2017.

Financial Statement Informati26

Financial Statement Information (Tables)	6 Months Ended
Financial Statement Information (Tables)	Jun. 30, 2017
Property, Plant and Equipment [Line Items]
Standard Product Warranty And Extended Product Warranty Policy Policy [Text Block]	Warranty Reserve Some of our salvage mechanical products are sold with a standard six month warranty against defects. Additionally, some of our remanufactured engines are sold with a standard three year warranty against defects. We also provide a limited lifetime warranty for certain of our aftermarket products. We record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity. Our warranty reserve is recorded within Other accrued expenses and Other Noncurrent Liabilities on our Unaudited Condensed Consolidated Balance Sheets based on the expected timing of the related payments. The changes in the warranty reserve are as follows (in thousands): Balance as of January 1, 2017 $ 19,634 Warranty expense 18,369 Warranty claims (16,762 ) Balance as of June 30, 2017 $ 21,241
Schedule of Estimated Useful Lives, Finite Lived Intangible Assets [Table Text Block]	Our estimated useful lives for our finite lived intangible assets are as follows: Method of Amortization Useful Life Trade names and trademarks Straight-line 4-30 years Customer and supplier relationships Accelerated 4-20 years Software and other technology related assets Straight-line 3-6 years Covenants not to compete Straight-line 1-5 years
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts We have a reserve for uncollectible accounts which was approximately $52.0 million and $45.6 million at June 30, 2017 and December 31, 2016 , respectively.
Schedule Of Inventory	Inventories consists of the following (in thousands): June 30, December 31, 2017 2016 Aftermarket and refurbished products $ 1,613,871 $ 1,540,257 Salvage and remanufactured products 449,591 394,980 Total inventories $ 2,063,462 $ 1,935,237
Changes In Carrying Amount Of Goodwill	The changes in the carrying amount of goodwill by reportable segment during the six months ended June 30, 2017 are as follows (in thousands): North America (1) Europe Specialty (1) Total Balance as of January 1, 2017 $ 1,661,800 $ 1,099,976 $ 292,993 $ 3,054,769 Business acquisitions and adjustments to previously recorded goodwill 29,945 9,835 666 40,446 Exchange rate effects 4,206 92,394 (202 ) 96,398 Balance as of June 30, 2017 $ 1,695,951 $ 1,202,205 $ 293,457 $ 3,191,613 (1) In the first quarter of 2017, we realigned a portion of our North America operations under our Specialty segment. Prior year amounts have been recast to reflect the shift in reporting structure.
Schedule of Finite-Lived Intangible Assets [Table Text Block]	The components of other intangibles are as follows (in thousands): June 30, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Trade names and trademarks $ 312,886 $ (64,775 ) $ 248,111 $ 286,008 $ (51,104 ) $ 234,904 Customer and supplier relationships 430,348 (128,863 ) 301,485 395,284 (92,079 ) 303,205 Software and other technology related assets 89,979 (47,784 ) 42,195 77,329 (35,648 ) 41,681 Covenants not to compete 12,028 (8,486 ) 3,542 11,726 (7,285 ) 4,441 $ 845,241 $ (249,908 ) $ 595,333 $ 770,347 $ (186,116 ) $ 584,231
Finite Intangible Assets Acquired as Part of Business Combination	Gross Amount All 2017 Acquisitions Trade names and trademarks $ 5,540 Customer and supplier relationships 10,550 Software and other technology related assets 796 $ 16,886
Changes In Warranty Reserve	The changes in the warranty reserve are as follows (in thousands): Balance as of January 1, 2017 $ 19,634 Warranty expense 18,369 Warranty claims (16,762 ) Balance as of June 30, 2017 $ 21,241
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). This update outlines a new comprehensive revenue recognition model that supersedes most current revenue recognition guidance and requires companies to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has issued several updates to ASU 2014-09. ASU 2014-09 will be effective for the Company during the first quarter of our fiscal year 2018. Early adoption is permitted for annual reporting periods beginning after December 15, 2016. We will continue to evaluate the potential effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures; however, we do not plan to early adopt. Entities adopting the standard have the option of using either a full retrospective or modified retrospective approach in the application of this guidance. We are still determining which method of transition we will follow. We are currently in the process of completing customer contract reviews, determining necessary adjustments to existing accounting policies, evaluating new disclosure requirements and identifying and implementing changes to business processes as deemed necessary to support recognition and disclosure under the new guidance. Based on our preliminary assessment, we do not expect a significant impact for the majority of our revenue transactions as they generally consist of single performance obligations to transfer promised goods or services; however, we do expect the new guidance will change the way we present sales returns in our consolidated financial statements. We are still in the process of determining the magnitude of impact for this change, but expect to report sales returns on a gross basis on the balance sheet by presenting a refund liability and a return asset separately. We also expect an adjustment to revenue on the income statement for the gross up of returns reserve adjustments, which are currently recorded as a net amount within revenue. In July 2015, the FASB issued Accounting Standards Update 2015-11, "Simplifying the Measurement of Inventory" ("ASU 2015-11"), which requires entities to measure inventory at the lower of cost or net realizable value. Net realizable value is defined as the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. We adopted ASU 2015-11 during the first quarter of 2017 on a prospective basis. Effective January 1, 2017, we are recording our inventory at the lower of cost or net realizable value, including application of the concept in determining our inventory reserves, in accordance with ASU 2015-11. The adoption of ASU 2015-11 did not have a material impact on our recorded inventory value. In January 2016, the FASB issued Accounting Standards Update No. 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”), which changes how entities will recognize, measure, present and make disclosures about certain financial assets and financial liabilities. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017; early adoption is permitted. The guidance requires adoption on a prospective basis. We are still evaluating the impact that ASU 2016-01 will have on our consolidated financial statements and related disclosures, but we do not expect to early adopt in 2017. In February 2016, the FASB issued Accounting Standards Update 2016-02, "Leases" ("ASU 2016-02"), to increase transparency and comparability by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The main difference between current GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under current GAAP. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. The standard requires that entities apply the effects of these changes using a modified retrospective approach, which includes a number of optional practical expedients. While we are still in the process of quantifying the impact that the adoption of ASU 2016-02 will have on our consolidated financial statements and related disclosures, we anticipate the adoption will materially affect our consolidated balance sheet and disclosures, as the majority of our operating leases will be recorded on the balance sheet under ASU 2016-02. While we do not anticipate the adoption of this accounting standard to have a material impact on our consolidated statements of income at this time, this conclusion may change as we finalize our assessment. In order to assist in our timely implementation of the new standard, we have purchased new software to track our leases. We have engaged a third party to assist with the implementation of the new software with an expectation to complete the implementation by the end of 2018. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" (“ASU 2016-09”), to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, classification on the statement of cash flows, the treatment of forfeitures, and calculation of earnings per share. ASU 2016-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. During the third quarter of 2016, the Company elected to early adopt ASU 2016-09 effective January 1, 2016. With the adoption of ASU 2016-09, excess tax benefits are recognized as a component of the income tax provision, whereas these amounts were previously recognized in equity. Adopting this standard resulted in a $2.1 million and $6.5 million reduction in tax expense for the three and six months ended June 30, 2016 , respectively. The presentation of excess tax benefits on share-based payments was adjusted retrospectively within the Consolidated Statements of Cash Flows, resulting in a $6.7 million increase in operating cash flows for the six months ended June 30, 2016 with a corresponding decrease to financing cash flows. In August 2016, the FASB issued Accounting Standards Update No. 2016-15, "Classification of Certain Cash Receipts and Cash Payments" ("ASU 2016-15"), to add and clarify guidance on the classification of certain cash receipts and payments in the statement of cash flows. ASU 2016-15 includes guidance on classification for the following items: debt prepayment or debt extinguishment costs, settlement of zero coupon bonds, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims and corporate-owned or bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and other separately identifiable cash flows where application of the predominance principle is prescribed. ASU 2016-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017; early adoption is permitted. The guidance requires retrospective application to all periods presented unless it is impracticable to do so. We are still evaluating the impact that ASU 2016-15 will have on our consolidated financial statements and related disclosures, but we do not expect to early adopt in 2017. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, "Simplifying the Test for Goodwill Impairment" ("ASU 2017-04"), which simplifies the accounting for goodwill impairment by eliminating step 2 from the goodwill impairment test. Under the new guidance, if the carrying value of a reporting unit exceeds the fair value, an impairment loss will be recognized for the amount of that excess, limited to the goodwill allocated to that reporting unit. ASU 2017-04 is effective for fiscal years and any interim impairment tests for periods beginning after December 15, 2019; early adoption is permitted for entities with annual and interim impairment tests occurring after January 1, 2017, and we early adopted for the quarter ended June 30, 2017, although we do not expect an impairment test to be performed until our annual impairment test in the fourth quarter of 2017. The guidance requires adoption on a prospective basis. At this time, we do not expect adoption of this standard to have a significant impact on our financial position, results of operations, or cash flows. In May 2017, the FASB issued Accounting Standards Update No. 2017-09, "Scope of Modification Accounting" ("ASU 2017-09"), which provides guidance on changes to share based payment awards requiring application of modification accounting under FASB Accounting Standards Codification Topic 718, "Compensation - Stock Compensation". Under this ASU, modification accounting for awards will not be required if the fair value, vesting conditions, and classifications of awards both prior to and after the modification are the same. ASU 2017-09 is effective for fiscal years and interim periods beginning after December 15, 2017; early adoption is permitted with amendments resulting from the ASU applied prospectively to awards modified after the effective date. We early adopted for the quarter ended June 30, 2017; the adoption of ASU 2017-09 did not have a material impact on our consolidated financial statements and related disclosures.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
Stock-Based Compensation (Tables)	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Unvested Restricted Stock Units Activity	The following table summarizes activity related to our RSUs under the Equity Incentive Plan for the six months ended June 30, 2017 : Number Outstanding Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) (1) Unvested as of January 1, 2017 1,873,737 $ 27.58 Granted 727,846 $ 31.71 Vested (564,768 ) $ 26.15 Forfeited / Canceled (125,447 ) $ 31.29 Unvested as of June 30, 2017 1,911,368 $ 29.33 Expected to vest after June 30, 2017 1,813,925 $ 29.39 2.9 $ 59,769 (1) The aggregate intrinsic value of unvested and expected to vest RSUs represents the total pretax intrinsic value (the fair value of the Company's stock on the last day of each period multiplied by the number of units) that would have been received by the holders had all RSUs vested. This amount changes based on the market price of the Company’s common stock.
Schedule of Stock Option Activity	The following table summarizes activity related to our stock options under the Equity Incentive Plan for the six months ended June 30, 2017 : Number Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) (1) Balance as of January 1, 2017 2,623,217 $ 9.19 Exercised (632,773 ) $ 8.42 $ 14,773 Forfeited / Canceled (9,692 ) $ 18.96 Balance as of June 30, 2017 1,980,752 $ 9.39 2.0 $ 46,672 Exercisable as of June 30, 2017 1,980,752 $ 9.39 2.0 $ 46,672 Exercisable as of June 30, 2017 and expected to vest thereafter 1,980,752 $ 9.39 2.0 $ 46,672 (1) The aggregate intrinsic value of outstanding, exercisable and expected to vest options represents the total pretax intrinsic value (the difference between the fair value of the Company's stock on the last day of each period and the exercise price, multiplied by the number of options where the fair value exceeds the exercise price) that would have been received by the option holders had all option holders exercised their options as of the last day of the period indicated. This amount changes based on the market price of the Company’s common stock
Schedule Of Pre-Tax Stock-Based Compensation Expense	The following table summarizes the components of pre-tax stock-based compensation expense for our continuing operations (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 RSUs $ 5,158 $ 5,446 $ 12,437 $ 11,325 Stock options — 29 6 66 Total stock-based compensation expense $ 5,158 $ 5,475 $ 12,443 $ 11,391

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation Of Earnings Per Share	The following chart sets forth the computation of earnings per share (in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Income from continuing operations $ 150,914 $ 137,810 $ 291,723 $ 249,981 Denominator for basic earnings per share—Weighted-average shares outstanding 308,407 306,718 308,218 306,437 Effect of dilutive securities: RSUs 453 796 509 689 Stock options 1,536 2,264 1,622 2,360 Denominator for diluted earnings per share—Adjusted weighted-average shares outstanding 310,396 309,778 310,349 309,486 Basic earnings per share from continuing operations $ 0.49 $ 0.45 $ 0.95 $ 0.82 Diluted earnings per share from continuing operations $ 0.49 $ 0.45 $ 0.94 $ 0.81
Schedule Of Antidilutive Securities Excluded From Computation Of Diluted Earnings Per Share	The following table sets forth the number of employee stock-based compensation awards outstanding but not included in the computation of diluted earnings per share because their effect would have been antidilutive for the three and six months ended June 30, 2017 and 2016 (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Antidilutive securities: RSUs — — 73 114 Stock options 76 83 77 85

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)	Six Months Ended June 30, 2016 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Accumulated Beginning balance $ (96,890 ) $ (932 ) $ (7,648 ) $ (105,470 ) Pretax loss (73,117 ) (6,672 ) — (79,789 ) Income tax effect — 2,278 — 2,278 Reclassification of unrealized loss — 1,790 357 2,147 Reclassification of deferred income taxes — (578 ) (90 ) (668 ) Ending balance $ (170,007 ) $ (4,114 ) $ (7,381 ) $ (181,502 ) The components of Accumulated Other Comprehensive Income (Loss) are as follows (in thousands): Three Months Ended June 30, 2017 Foreign Unrealized Gain Unrealized (Loss) Gain Plans Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries Accumulated Beginning balance $ (250,950 ) $ 11,254 $ (5,778 ) $ (162 ) $ (245,636 ) Pretax income (loss) 93,597 (30,179 ) (724 ) — 62,694 Income tax effect — 11,136 275 — 11,411 Reclassification of unrealized loss (gain) — 28,702 (550 ) — 28,152 Reclassification of deferred income taxes — (10,589 ) 137 — (10,452 ) Other comprehensive (loss) income from unconsolidated subsidiaries — — — (439 ) (439 ) Ending balance $ (157,353 ) $ 10,324 $ (6,640 ) $ (601 ) $ (154,270 ) Six Months Ended June 30, 2017 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Plans Other Comprehensive (Loss) Income from Unconsolidated Subsidiaries Accumulated Beginning balance $ (272,529 ) $ 8,091 $ (2,737 ) $ — $ (267,175 ) Pretax (loss) income 113,665 (29,347 ) 112 — 84,430 Income tax effect — 10,780 (43 ) — 10,737 Reclassification of unrealized loss — 32,959 (721 ) — 32,238 Reclassification of deferred income taxes — (12,159 ) 185 — (11,974 ) Disposal of business 1,511 — (3,436 ) — (1,925 ) Other comprehensive (loss) income from unconsolidated subsidiaries — — — (601 ) (601 ) Ending balance $ (157,353 ) $ 10,324 $ (6,640 ) $ (601 ) $ (154,270 ) Three Months Ended June 30, 2016 Foreign Unrealized (Loss) Gain Unrealized (Loss) Gain Accumulated Beginning balance $ (96,750 ) $ (500 ) $ (7,501 ) $ (104,751 ) Pretax loss (73,257 ) (6,528 ) — (79,785 ) Income tax effect — 2,250 — 2,250 Reclassification of unrealized loss — 984 160 1,144 Reclassification of deferred income taxes — (320 ) (40 ) (360 ) Ending balance $ (170,007 ) $ (4,114 ) $ (7,381 ) $ (181,502 )

Long-Term Obligations (Tables)

Long-Term Obligations (Tables)	6 Months Ended
Long-Term Obligations (Tables)	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule Of Long-Term Obligations	Long-Term Obligations consist of the following (in thousands): June 30, December 31, 2017 2016 Senior secured credit agreement: Term loans payable $ 714,094 $ 732,684 Revolving credit facilities 951,010 1,358,220 Senior notes 600,000 600,000 Euro notes 571,300 525,850 Receivables securitization facility 95,150 100,000 Notes payable through October 2025 at weighted average interest rates of 2.2% and 2.1%, respectively 10,055 11,808 Other long-term debt at weighted average interest rates of 2.0% and 2.4%, respectively 68,318 37,125 Total debt 3,009,927 3,365,687 Less: long-term debt issuance costs (19,965 ) (21,611 ) Less: current debt issuance costs (2,394 ) (2,305 ) Total debt, net of issuance costs 2,987,568 3,341,771 Less: current maturities, net of debt issuance costs (96,860 ) (66,109 ) Long term debt, net of debt issuance costs $ 2,890,708 $ 3,275,662

Derivative Instruments and He31

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Cash Flow Hedges	The following table summarizes the notional amounts and fair values of our designated cash flow hedges as of June 30, 2017 and December 31, 2016 (in thousands): Notional Amount Fair Value at June 30, 2017 (USD) Fair Value at December 31, 2016 (USD) June 30, 2017 December 31, 2016 Other Assets Other Noncurrent Liabilities Other Assets Other Noncurrent Liabilities Interest rate swap agreements USD denominated $ 590,000 $ 590,000 $ 15,132 $ — $ 16,421 $ — Cross currency swap agreements USD/euro $ 414,477 $ 422,408 1,673 34,054 1,486 3,128 Total cash flow hedges $ 16,805 $ 34,054 $ 17,907 $ 3,128

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis	The following tables present information about our financial assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs we utilized to determine such fair value as of June 30, 2017 and December 31, 2016 (in thousands): Balance as of June 30, 2017 Fair Value Measurements as of June 30, 2017 Level 1 Level 2 Level 3 Assets: Cash surrender value of life insurance $ 40,909 $ — $ 40,909 $ — Interest rate swaps 16,805 — 16,805 — Total Assets $ 57,714 $ — $ 57,714 $ — Liabilities: Contingent consideration liabilities $ 4,948 $ — $ — $ 4,948 Deferred compensation liabilities 42,650 — 42,650 — Foreign currency forward contracts 34,054 — 34,054 — Total Liabilities $ 81,652 $ — $ 76,704 $ 4,948 Balance as of December 31, 2016 Fair Value Measurements as of December 31, 2016 Level 1 Level 2 Level 3 Assets: Cash surrender value of life insurance $ 36,131 $ — $ 36,131 $ — Interest rate swaps 17,907 — 17,907 — Total Assets $ 54,038 $ — $ 54,038 $ — Liabilities: Contingent consideration liabilities $ 3,162 $ — $ — $ 3,162 Deferred compensation liabilities 36,865 — 36,865 — Foreign currency forward contracts 3,128 — 3,128 — Total Liabilities $ 43,155 $ — $ 39,993 $ 3,162

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Lease Commitments	The future minimum lease commitments under these leases at June 30, 2017 are as follows (in thousands): Six months ending December 31, 2017 $ 115,765 Years ending December 31: 2018 205,391 2019 169,376 2020 136,187 2021 103,497 2022 80,872 Thereafter 527,957 Future Minimum Lease Payments $ 1,339,045

Segment and Geographic Inform34

Segment and Geographic Information (Tables)	6 Months Ended
Segment and Geographic Information (Tables)	Jun. 30, 2017
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 (1) Europe Specialty (1) Eliminations Consolidated Three Months Ended June 30, 2017 Revenue: Third Party $ 1,206,305 $ 889,751 $ 362,355 $ — $ 2,458,411 Intersegment 209 — 1,115 (1,324 ) — Total segment revenue $ 1,206,514 $ 889,751 $ 363,470 $ (1,324 ) $ 2,458,411 Segment EBITDA $ 173,732 $ 83,549 $ 48,578 $ — $ 305,859 Depreciation and amortization (2) 21,823 28,732 5,447 — 56,002 Three Months Ended June 30, 2016 Revenue: Third Party $ 1,137,213 $ 824,216 $ 343,377 $ — $ 2,304,806 Intersegment 193 (10 ) 1,094 (1,277 ) — Total segment revenue $ 1,137,406 $ 824,206 $ 344,471 $ (1,277 ) $ 2,304,806 Segment EBITDA $ 166,075 $ 89,982 $ 43,546 $ — $ 299,603 Depreciation and amortization (2) 20,285 28,280 5,403 — 53,968 North America (1) Europe Specialty (1) Eliminations Consolidated Six Months Ended June 30, 2017 Revenue: Third Party $ 2,414,352 $ 1,710,648 $ 676,254 $ — $ 4,801,254 Intersegment 402 — 2,150 (2,552 ) — Total segment revenue $ 2,414,754 $ 1,710,648 $ 678,404 $ (2,552 ) $ 4,801,254 Segment EBITDA $ 349,867 $ 162,243 $ 84,019 $ — $ 596,129 Depreciation and amortization (2) 42,201 53,483 10,922 — 106,606 Six Months Ended June 30, 2016 Revenue: Third Party $ 2,217,819 $ 1,370,967 $ 637,496 $ — $ 4,226,282 Intersegment 407 — 2,045 (2,452 ) — Total segment revenue $ 2,218,226 $ 1,370,967 $ 639,541 $ (2,452 ) $ 4,226,282 Segment EBITDA $ 311,766 $ 147,480 $ 76,968 $ — $ 536,214 Depreciation and amortization (2) 37,675 38,588 10,871 — 87,134
Reconciliation Of Earnings Before Interest Taxes Depreciation And Amortization To Net Income Table [Text Block]	The table below provides a reconciliation of Net Income to Segment EBITDA (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Net income $ 150,914 $ 142,785 $ 287,192 $ 254,956 Subtract: Income (loss) from discontinued operations, net of tax — 4,975 (4,531 ) 4,975 Income from continuing operations 150,914 137,810 291,723 249,981 Add: Depreciation and amortization 53,645 52,501 102,301 84,189 Depreciation and amortization - cost of goods sold 2,357 1,467 4,305 2,945 Interest expense, net 24,596 24,649 48,584 39,241 Loss on debt extinguishment — — — 26,650 Provision for income taxes 75,862 70,262 148,017 123,390 EBITDA 307,374 286,689 594,930 526,396 Subtract: Equity in earnings (loss) of unconsolidated subsidiaries 991 (186 ) 1,205 (548 ) Gains on foreign exchange contracts - acquisition related (1) — — — 18,342 Gain on bargain purchase (2) 3,077 — 3,077 — Add: Restructuring and acquisition related expenses (3) 2,521 9,080 5,449 23,891 Inventory step-up adjustment - acquisition related (4) — 3,602 — 3,602 Change in fair value of contingent consideration liabilities 32 46 32 119 Segment EBITDA $ 305,859 $ 299,603 $ 596,129 $ 536,214 (1) Reflects gains on foreign currency forwards used to fix the euro purchase price of Rhiag. See Note 2, "Business Combinations ," for further information. (2) Reflects the gain on bargain purchase related to our acquisitions of Andrew Page and a wholesale business in Europe. See Note 2, "Business Combinations ," for further information. (3) See Note 5, "Restructuring and Acquisition Related Expenses ," for further information. (4) Reflects the impact on Cost of Goods Sold of the step-up acquisition adjustment to record PGW inventory at its fair value.
Schedule Of Capital Expenditures By Reportable Segment	The following table presents capital expenditures by reportable segment (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Capital Expenditures North America $ 22,153 $ 21,068 $ 38,913 $ 43,851 Europe 22,676 21,444 43,134 40,551 Specialty 2,318 2,150 5,900 10,653 Discontinued operations — 7,264 3,598 7,264 Total capital expenditures $ 47,147 $ 51,926 $ 91,545 $ 102,319
Schedule Of Assets By Reportable Segment	The following table presents assets by reportable segment (in thousands): June 30, December 31, 2017 2016 (1) Receivables, net North America $ 378,038 $ 351,681 Europe 508,940 443,281 Specialty 114,268 65,587 Total receivables, net 1,001,246 860,549 Inventories North America 987,583 915,244 Europe 793,322 718,729 Specialty 282,557 301,264 Total inventories 2,063,462 1,935,237 Property and Equipment, net North America 509,959 505,925 Europe 273,194 247,910 Specialty 58,455 57,741 Total property and equipment, net 841,608 811,576 Equity Method Investments North America 336 336 Europe 181,660 183,131 Total equity method investments 181,996 183,467 Other unallocated assets 4,342,630 4,512,370 Total assets $ 8,430,942 $ 8,303,199
Schedule Of Revenue By Geographic Area	The following table sets forth our revenue by geographic area (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Revenue United States $ 1,456,065 $ 1,375,707 $ 2,873,105 $ 2,660,674 United Kingdom 390,022 358,266 772,674 707,942 Other countries 612,324 570,833 1,155,475 857,666 Total revenue $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282
Schedule Of Tangible Long-Lived Assets By Geographic Area	The following table sets forth our tangible long-lived assets by geographic area (in thousands): June 30, December 31, 2017 2016 Long-lived Assets United States $ 536,714 $ 531,425 United Kingdom 176,908 159,689 Other countries 127,986 120,462 Total long-lived assets $ 841,608 $ 811,576
Schedule Of Revenue By Product Category	The following table sets forth our revenue by product category (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Aftermarket, other new and refurbished products $ 1,862,573 $ 1,751,079 $ 3,620,635 $ 3,138,815 Recycled, remanufactured and related products and services 463,310 435,023 918,189 865,612 Other 132,528 118,704 262,430 221,855 Total revenue $ 2,458,411 $ 2,304,806 $ 4,801,254 $ 4,226,282

Condensed Consolidating Finan35

Condensed Consolidating Financial Information (Tables)	6 Months Ended
Condensed Consolidating Financial Information (Tables)	Jun. 30, 2017
Condensed Consolidating Financial Information [Abstract]
Consolidated Condensed Balance Sheets	LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands) June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 27,445 $ 45,865 $ 230,234 $ — $ 303,544 Receivables, net — 300,971 700,275 — 1,001,246 Intercompany receivables, net 3,259 — 18,809 (22,068 ) — Inventories — 1,199,944 863,518 — 2,063,462 Prepaid expenses and other current assets 20,389 46,791 65,303 — 132,483 Total current assets 51,093 1,593,571 1,878,139 (22,068 ) 3,500,735 Property and equipment, net 310 538,159 303,139 — 841,608 Intangible assets: Goodwill — 1,883,562 1,308,051 — 3,191,613 Other intangibles, net — 154,082 441,251 — 595,333 Investment in subsidiaries 5,379,280 89,217 — (5,468,497 ) — Intercompany notes receivable 1,182,590 796,682 — (1,979,272 ) — Equity method investments — 336 181,660 — 181,996 Other assets 62,025 36,177 25,765 (4,310 ) 119,657 Total assets $ 6,675,298 $ 5,091,786 $ 4,138,005 $ (7,474,147 ) $ 8,430,942 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 4,267 $ 303,516 $ 416,418 $ — $ 724,201 Intercompany payables, net — 18,809 3,259 (22,068 ) — Accrued expenses: Accrued payroll-related liabilities 5,092 46,350 55,369 — 106,811 Other accrued expenses 4,940 101,199 140,608 — 246,747 Other current liabilities 283 24,621 22,137 — 47,041 Current portion of long-term obligations 36,397 1,842 58,621 — 96,860 Total current liabilities 50,979 496,337 696,412 (22,068 ) 1,221,660 Long-term obligations, excluding current portion 1,935,305 6,651 948,752 — 2,890,708 Intercompany notes payable 750,000 717,920 511,352 (1,979,272 ) — Deferred income taxes — 118,207 111,365 (4,310 ) 225,262 Other noncurrent liabilities 82,329 111,961 42,337 — 236,627 Total stockholders’ equity 3,856,685 3,640,710 1,827,787 (5,468,497 ) 3,856,685 Total liabilities and stockholders' equity $ 6,675,298 $ 5,091,786 $ 4,138,005 $ (7,474,147 ) $ 8,430,942 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands) December 31, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 33,030 $ 35,360 $ 159,010 $ — $ 227,400 Receivables, net — 248,188 612,361 — 860,549 Intercompany receivables, net 2,805 11,237 8,837 (22,879 ) — Inventories — 1,149,763 785,474 — 1,935,237 Prepaid expenses and other current assets 1,640 43,165 42,963 — 87,768 Assets of discontinued operations — 357,788 98,852 — 456,640 Total current assets 37,475 1,845,501 1,707,497 (22,879 ) 3,567,594 Property and equipment, net 239 527,705 283,632 — 811,576 Intangible assets: Goodwill — 1,851,274 1,203,495 — 3,054,769 Other intangibles, net — 153,689 430,542 — 584,231 Investment in subsidiaries 5,067,297 242,032 — (5,309,329 ) — Intercompany notes receivable 1,510,534 800,283 — (2,310,817 ) — Equity method investments — 336 183,131 — 183,467 Other assets 59,726 25,177 — 22,347 (5,688 ) — 101,562 Total assets $ 6,675,271 $ 5,445,997 $ 3,830,644 $ (7,648,713 ) $ 8,303,199 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 1,309 $ 244,074 $ 388,390 $ — $ 633,773 Intercompany payables, net 11,237 8,837 2,805 (22,879 ) — Accrued expenses: Accrued payroll-related liabilities 6,404 58,187 54,164 — 118,755 Other accrued expenses 5,502 94,287 109,312 — 209,101 Other current liabilities 4,283 18,456 15,204 — 37,943 Current portion of long-term obligations 37,710 1,097 27,302 — 66,109 Liabilities of discontinued operations — 110,890 34,214 — 145,104 Total current liabilities 66,445 535,828 631,391 (22,879 ) 1,210,785 Long-term obligations, excluding current portion 2,371,578 8,356 895,728 — 3,275,662 Intercompany notes payable 750,000 1,074,218 486,599 (2,310,817 ) — Deferred income taxes — 95,765 109,580 (5,688 ) 199,657 Other noncurrent liabilities 44,299 90,722 39,125 — 174,146 Total stockholders’ equity 3,442,949 3,641,108 1,668,221 (5,309,329 ) 3,442,949 Total liabilities and stockholders' equity $ 6,675,271 $ 5,445,997 $ 3,830,644 $ (7,648,713 ) $ 8,303,199
Consolidated Condensed Statements of Income	LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Three Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 1,487,435 $ 1,001,733 $ (30,757 ) $ 2,458,411 Cost of goods sold — 889,087 635,072 (30,757 ) 1,493,402 Gross margin — 598,348 366,661 — 965,009 Facility and warehouse expenses — 129,332 61,604 — 190,936 Distribution expenses — 121,584 72,808 — 194,392 Selling, general and administrative expenses 9,165 134,527 135,250 — 278,942 Restructuring and acquisition related expenses — 654 1,867 — 2,521 Depreciation and amortization 30 24,586 29,029 — 53,645 Operating (loss) income (9,195 ) 187,665 66,103 — 244,573 Other expense (income): Interest expense, net 16,492 26 8,078 — 24,596 Intercompany interest (income) expense, net (2,160 ) (2,735 ) 4,895 — — Gain on bargain purchase — — (3,077 ) — (3,077 ) Other (income) expense, net (37 ) (4,067 ) 1,373 — (2,731 ) Total other expense (income), net 14,295 (6,776 ) 11,269 — 18,788 (Loss) income from continuing operations before (benefit) provision for income taxes (23,490 ) 194,441 54,834 — 225,785 (Benefit) provision for income taxes (11,161 ) 73,363 13,660 — 75,862 Equity in earnings of unconsolidated subsidiaries 182 — 809 — 991 Equity in earnings of subsidiaries 163,061 5,795 — (168,856 ) — Net income $ 150,914 $ 126,873 $ 41,983 $ (168,856 ) $ 150,914 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Three Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 1,419,225 $ 919,752 $ (34,171 ) $ 2,304,806 Cost of goods sold — 852,430 580,731 (34,171 ) 1,398,990 Gross margin — 566,795 339,021 — 905,816 Facility and warehouse expenses — 117,430 59,948 — 177,378 Distribution expenses — 118,320 66,006 — 184,326 Selling, general and administrative expenses 8,887 128,973 112,226 — 250,086 Restructuring and acquisition related expenses — 7,082 1,998 — 9,080 Depreciation and amortization 33 23,453 29,015 — 52,501 Operating (loss) income (8,920 ) 171,537 69,828 — 232,445 Other expense (income): Interest expense (income), net 16,125 (309 ) 8,833 — 24,649 Intercompany interest (income) expense, net (2,355 ) 2,376 (21 ) — — Other expense (income), net 33 (1,542 ) 1,047 — (462 ) Total other expense, net 13,803 525 9,859 — 24,187 (Loss) income from continuing operations before (benefit) provision for income taxes (22,723 ) 171,012 59,969 — 208,258 (Benefit) provision for income taxes (9,670 ) 67,812 12,120 — 70,262 Equity in earnings (loss) of unconsolidated subsidiaries — 14 (200 ) — (186 ) Equity in earnings (loss) of subsidiaries 150,863 (1,540 ) — (149,323 ) — Income from continuing operations 137,810 101,674 47,649 (149,323 ) 137,810 Income from discontinued operations, net of tax 4,975 4,975 1,971 (6,946 ) 4,975 Net income $ 142,785 $ 106,649 $ 49,620 $ (156,269 ) $ 142,785 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 2,940,951 $ 1,931,704 $ (71,401 ) $ 4,801,254 Cost of goods sold — 1,752,462 1,225,091 (71,401 ) 2,906,152 Gross margin — 1,188,489 706,613 — 1,895,102 Facility and warehouse expenses — 257,135 123,581 — 380,716 Distribution expenses — 242,014 138,188 — 380,202 Selling, general and administrative expenses 18,348 271,822 255,999 — 546,169 Restructuring and acquisition related expenses — 2,537 2,912 — 5,449 Depreciation and amortization 60 48,067 54,174 — 102,301 Operating (loss) income (18,408 ) 366,914 131,759 — 480,265 Other expense (income): Interest expense, net 32,672 224 15,688 — 48,584 Intercompany interest (income) expense, net (7,832 ) (1,716 ) 9,548 — — Gain on bargain purchase — — (3,077 ) — (3,077 ) Other expense (income), net 254 (4,236 ) 205 — (3,777 ) Total other expense (income), net 25,094 (5,728 ) 22,364 — 41,730 (Loss) income from continuing operations before (benefit) provision for income taxes (43,502 ) 372,642 109,395 — 438,535 (Benefit) provision for income taxes (18,598 ) 143,401 23,214 — 148,017 Equity in earnings of unconsolidated subsidiaries — — 1,205 — 1,205 Equity in earnings of subsidiaries 316,627 10,608 — (327,235 ) — Income from continuing operations 291,723 239,849 87,386 (327,235 ) 291,723 (Loss) income from discontinued operations, net of tax (4,531 ) (4,531 ) 2,050 2,481 (4,531 ) Net income $ 287,192 $ 235,318 $ 89,436 $ (324,754 ) $ 287,192 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Revenue $ — $ 2,737,392 $ 1,555,389 $ (66,499 ) $ 4,226,282 Cost of goods sold — 1,647,670 978,858 (66,499 ) 2,560,029 Gross margin — 1,089,722 576,531 — 1,666,253 Facility and warehouse expenses — 232,640 102,343 — 334,983 Distribution expenses — 222,474 114,195 — 336,669 Selling, general and administrative expenses 19,266 255,641 193,497 — 468,404 Restructuring and acquisition related expenses — 11,118 12,773 — 23,891 Depreciation and amortization 69 43,997 40,123 — 84,189 Operating (loss) income (19,335 ) 323,852 113,600 — 418,117 Other expense (income): Interest expense (income), net 28,242 (166 ) 11,165 — 39,241 Intercompany interest (income) expense, net (13,032 ) 8,966 4,066 — — Loss on debt extinguishment 2,894 — 23,756 — 26,650 Gains on foreign exchange contracts - acquisition related (18,342 ) — — — (18,342 ) Other (income) expense, net (78 ) (4,342 ) 1,069 — (3,351 ) Total other (income) expense, net (316 ) 4,458 40,056 — 44,198 (Loss) income from continuing operations before (benefit) provision for income taxes (19,019 ) 319,394 73,544 — 373,919 (Benefit) provision for income taxes (9,557 ) 118,128 14,819 — 123,390 Equity in (loss) earnings of unconsolidated subsidiaries (795 ) 19 228 — (548 ) Equity in earnings of subsidiaries 260,238 10,402 — (270,640 ) — Income from continuing operations 249,981 211,687 58,953 (270,640 ) 249,981 Income from discontinued operations, net of tax 4,975 4,975 1,971 (6,946 ) 4,975 Net income $ 254,956 $ 216,662 $ 60,924 $ (277,586 ) $ 254,956
Consolidated Condensed Statements of Comprehensive Income (Loss)	LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Three Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 150,914 $ 126,873 $ 41,983 $ (168,856 ) $ 150,914 Other comprehensive income (loss): Foreign currency translation 93,597 10,097 92,903 (103,000 ) 93,597 Net change in unrecognized gains/losses on derivative instruments, net of tax (930 ) — — — (930 ) Net change in unrealized gains/losses on pension plans, net of tax (862 ) (448 ) (414 ) 862 (862 ) Net change in other comprehensive loss from unconsolidated subsidiaries (439 ) — (439 ) 439 (439 ) Total other comprehensive income 91,366 9,649 92,050 (101,699 ) 91,366 Total comprehensive income $ 242,280 $ 136,522 $ 134,033 $ (270,555 ) $ 242,280 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Three Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 142,785 $ 106,649 $ 49,620 $ (156,269 ) $ 142,785 Other comprehensive (loss) income: Foreign currency translation (73,257 ) (15,116 ) (73,830 ) 88,946 (73,257 ) Net change in unrecognized gains/losses on derivative instruments, net of tax (3,614 ) — 99 (99 ) (3,614 ) Net change in unrealized gains/losses on pension plans, net of tax 120 — 120 (120 ) 120 Total other comprehensive loss (76,751 ) (15,116 ) (73,611 ) 88,727 (76,751 ) Total comprehensive income (loss) $ 66,034 $ 91,533 $ (23,991 ) $ (67,542 ) $ 66,034 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 287,192 $ 235,318 $ 89,436 $ (324,754 ) $ 287,192 Other comprehensive income (loss): Foreign currency translation 115,176 13,975 114,035 (128,010 ) 115,176 Net change in unrecognized gains/losses on derivative instruments, net of tax 2,233 (133 ) — 133 2,233 Net change in unrealized gains/losses on pension plans, net of tax (3,903 ) (3,253 ) (650 ) 3,903 (3,903 ) Net change in other comprehensive loss from unconsolidated subsidiaries (601 ) — (601 ) 601 (601 ) Total other comprehensive income 112,905 10,589 112,784 (123,373 ) 112,905 Total comprehensive income $ 400,097 $ 245,907 $ 202,220 $ (448,127 ) $ 400,097 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated Net income $ 254,956 $ 216,662 $ 60,924 $ (277,586 ) $ 254,956 Other comprehensive (loss) income: Foreign currency translation (73,117 ) (17,971 ) (76,869 ) 94,840 (73,117 ) Net change in unrecognized gains/losses on derivative instruments, net of tax (3,182 ) — 195 (195 ) (3,182 ) Net change in unrealized gains/losses on pension plans, net of tax 267 — 267 (267 ) 267 Total other comprehensive loss (76,032 ) (17,971 ) (76,407 ) 94,378 (76,032 ) Total comprehensive income (loss) $ 178,924 $ 198,691 $ (15,483 ) $ (183,208 ) $ 178,924
Consolidated Condensed Statements of Cash Flows	LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands) For the Six Months Ended June 30, 2017 Parent Guarantors Non-Guarantors Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by operating activities $ 156,127 $ 290,589 $ 114,476 $ (199,095 ) $ 362,097 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (64 ) (41,718 ) (49,763 ) — (91,545 ) Investment and intercompany note activity with subsidiaries 276,377 — — (276,377 ) — Acquisitions, net of cash acquired — (78,121 ) (22,607 ) — (100,728 ) Proceeds from disposals of business/investment — 305,740 (4,443 ) — 301,297 Other investing activities, net — (395 ) 5,107 — 4,712 Net cash provided by (used in) investing activities 276,313 185,506 (71,706 ) (276,377 ) 113,736 CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of stock options 5,151 — — — 5,151 Taxes paid related to net share settlements of stock-based compensation awards (3,955 ) — — — (3,955 ) Borrowings under revolving credit facilities 97,000 — 65,794 — 162,794 Repayments under revolving credit facilities (515,931 ) — (69,523 ) — (585,454 ) Repayments under term loans (18,590 ) — — (18,590 ) Borrowings under receivables securitization facility — — 150 — 150 Repayments under receivables securitization facility — — (5,000 ) — (5,000 ) (Repayments) borrowings of other debt, net (1,700 ) (1,161 ) 22,452 — 19,591 Payments of other obligations — (1,336 ) (743 ) — (2,079 ) Other financing activities, net — 5,000 (684 ) — 4,316 Investment and intercompany note activity with parent — (269,668 ) (6,709 ) 276,377 — Dividends — (199,095 ) — 199,095 — Net cash (used in) provided by financing activities (438,025 ) (466,260 ) 5,737 475,472 (423,076 ) Effect of exchange rate changes on cash and cash equivalents — 521 15,750 — 16,271 Net (decrease) increase in cash and cash equivalents (5,585 ) 10,356 64,257 — 69,028 Cash and cash equivalents of continuing operations, beginning of period 33,030 35,360 159,010 — 227,400 Add: Cash and cash equivalents of discontinued operations, beginning of period — 149 6,967 — 7,116 Cash and cash equivalents of continuing and discontinued operations, beginning of period 33,030 35,509 165,977 — 234,516 Cash and cash equivalents, end of period $ 27,445 $ 45,865 $ 230,234 $ — $ 303,544 LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands) For the Six Months Ended June 30, 2016 Parent Guarantors Non-Guarantors Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by operating activities $ 142,783 $ 300,978 $ 66,346 $ (148,192 ) $ 361,915 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (2 ) (57,742 ) (44,575 ) — (102,319 ) Investment and intercompany note activity with subsidiaries (1,293,298 ) (34,448 ) — 1,327,746 — Acquisitions, net of cash acquired — (661,852 ) (606,989 ) — (1,268,841 ) Proceeds from disposals of business/investment — — 10,304 — 10,304 Proceeds from foreign exchange contracts 18,342 — — — 18,342 Other investing activities, net — 400 609 — 1,009 Net cash used in investing activities (1,274,958 ) (753,642 ) (640,651 ) 1,327,746 (1,341,505 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from exercise of stock options 4,889 — — — 4,889 Taxes paid related to net share settlements of stock-based compensation awards (2,281 ) — — — (2,281 ) Debt issuance costs (7,100 ) — (9,071 ) — (16,171 ) Proceeds from issuance of Euro notes — — 563,450 — 563,450 Borrowings under revolving credit facilities 1,204,000 — 618,020 — 1,822,020 Repayments under revolving credit facilities (119,000 ) — (893,362 ) — (1,012,362 ) Borrowings under term loans 89,317 — 249,161 — 338,478 Repayments under term loans (3,122 ) — (1,599 ) — (4,721 ) Borrowings under receivables securitization facility — — 97,000 — 97,000 Repayments under receivables securitization facility — — (66,480 ) — (66,480 ) Repayments of other debt, net — (1,657 ) (6,167 ) — (7,824 ) Payments of Rhiag debt and related payments — — (543,347 ) — (543,347 ) Payments of other obligations — (1,436 ) — — (1,436 ) Other financing activities, net — 65 — — 65 Investment and intercompany note activity with parent — 621,619 706,127 (1,327,746 ) — Dividends — (148,192 ) — 148,192 — Net cash provided by financing activities 1,166,703 470,399 713,732 (1,179,554 ) 1,171,280 Effect of exchange rate changes on cash and cash equivalents — (27 ) (5,857 ) — (5,884 ) Net increase in cash and cash equivalents 34,528 17,708 133,570 — 185,806 Cash and cash equivalents of continuing operations, beginning of period 17,616 13,432 56,349 — 87,397 Cash and cash equivalents of continuing and discontinued operations, end of period 52,144 31,140 189,919 — 273,203 Less: Cash and cash equivalents of discontinued operations, end of period — 12,094 9,246 — 21,340 Cash and cash equivalents, end of period $ 52,144 $ 19,046 $ 180,673 $ — $ 251,863

Business Combinations - Additio

Business Combinations - Additional Information (Details) € in Millions, £ in Millions	Jul. 03, 2017USD ($)	Jul. 03, 2017EUR (€)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016GBP (£)	Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)	Jul. 03, 2017EUR (€)	Dec. 31, 2016EUR (€)	Mar. 31, 2016EUR (€)
Business Acquisition
Number of acquisitions								10
Acquisitions, net of cash acquired								$ (100,728,000)	$ (1,268,841,000)
Business Combination, Bargain Purchase, Gain Recognized, Amount			$ 3,077,000		$ 8,200,000	$ 0		3,077,000	0	$ 10,107,000
Gains on foreign exchange contracts - acquisition related			0			0		0	(18,342,000)
Goodwill			3,191,613,000		3,054,769,000			3,191,613,000		3,191,613,000	$ 3,191,613,000			$ 3,054,769,000
Business Combination, Adjustment, Inventory						3,602,000			3,602,000
Restructuring and acquisition related expenses			2,521,000			9,080,000		5,449,000	23,891,000
Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses			2,100,000			$ 3,000,000		4,800,000	15,700,000
North America
Business Acquisition
Goodwill			1,695,951,000		1,661,800,000			$ 1,695,951,000		1,695,951,000	1,695,951,000			1,661,800,000
Specialty
Business Acquisition
Number of acquisitions								1
Goodwill			293,457,000		292,993,000			$ 293,457,000		293,457,000	293,457,000			292,993,000
Wholesale North America Segment [Member]
Business Acquisition
Number of acquisitions								3
Europe
Business Acquisition
Number of acquisitions								6
Goodwill			1,202,205,000		1,099,976,000			$ 1,202,205,000		1,202,205,000	1,202,205,000			1,099,976,000
Andrew Page [Member]
Business Acquisition
Business Combination, Consideration Transferred													£ 15.7	20,100,000
Business Combination, Bargain Purchase, Gain Recognized, Amount			1,900,000
All 2017 Acquisitions [Member]
Business Acquisition
Business Combination, Consideration Transferred								107,800,000
Acquisitions, net of cash acquired								(99,000,000)
Business Combination, Contingent Consideration, Liability			4,300,000					4,300,000		4,300,000	4,300,000
Business Combincation, Contingent Consideration Arrangements, Maximum Potential Consideration			13,900,000					13,900,000		13,900,000	13,900,000
Other Purchase Price Obligations (non-interest bearing)			4,200,000					4,200,000		4,200,000	4,200,000
Notes issued			(258,000)					(258,000)		(258,000)	(258,000)
Goodwill			32,600,000					32,600,000		32,600,000	32,600,000
Business Acquisition, Goodwill, Expected Tax Deductible Amount			17,400,000					17,400,000		17,400,000	17,400,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual								21,200,000
Business Combination, Pro Forma Information, Operating Income or Loss of Acquiree since Acquisition Date, Actual								(2,000,000)
PGW
Business Acquisition
Acquisitions, net of cash acquired														(661,748,000)
Notes issued					0									0
Other purchase price obligations					0									0
Settlement of pre-existing balances					0									0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt					4,027,000									4,027,000
Goodwill			207,600,000		205,058,000			207,600,000		207,600,000	207,600,000			205,058,000
Business Acquisition, Goodwill, Expected Tax Deductible Amount			104,000,000					104,000,000		104,000,000	104,000,000
Goodwill, Purchase Accounting Adjustments											23,600,000
Business Combination, Adjustment, Inventory														9,800,000
PGW \| Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses									3,900,000
Rhiag
Business Acquisition
Business Combination, Consideration Transferred														602,000,000	€ 534.2
Acquisitions, net of cash acquired														(601,416,000)	€ (533.6)
Notes issued					0									0
Other purchase price obligations					0									0
Settlement of pre-existing balances					591,000									591,000			€ 0.6
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt					550,843,000									550,843,000			€ 488.8
Gains on foreign exchange contracts - acquisition related							$ (18,300,000)
Goodwill				$ 590,700,000	585,415,000							$ 590,700,000		585,415,000
Goodwill, Purchase Accounting Adjustments												149,000,000
Rhiag \| Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses									$ 11,000,000
Rhiag \| Forward Contracts
Business Acquisition
Derivative, Notional Amount \| €																		€ 588
All 2016 Acquisitions Excluding Rhiag PGW and Andrew Page [Member]
Business Acquisition
Business Combination, Consideration Transferred														76,100,000
Acquisitions, net of cash acquired														(67,800,000)
Notes issued					4,100,000									4,100,000
Other purchase price obligations					4,200,000									$ 4,200,000
All 2016 Acquisitions Excluding Rhiag PGW and Andrew Page [Member] \| Wholesale North America Segment [Member]
Business Acquisition
Number of acquisitions													5	5	5
All 2016 Acquisitions Excluding Rhiag PGW and Andrew Page [Member] \| Europe
Business Acquisition
Number of acquisitions													7	7	7
Subsequent Event [Member] \| Belgium Distributors [Member]
Business Acquisition
Number of acquisitions	4
Business Combination, Consideration Transferred	$ 136,500,000	€ 120.1
Acquisitions, net of cash acquired	(117,200,000)	€ (103.1)
Notes issued	$ 19,300,000															€ 17
Adjustments in 2016 [Member] \| PGW
Business Acquisition
Goodwill					205,100,000									$ 205,100,000
Adjustments in 2016 [Member] \| Rhiag
Business Acquisition
Goodwill					$ 585,400,000									$ 585,400,000
Adjustments in 2017 [Member]
Business Acquisition
Business Combination, Bargain Purchase, Gain Recognized, Amount			1,900,000
Adjustments in 2017 [Member] \| All 2017 Acquisitions [Member]
Business Acquisition
Goodwill, Purchase Accounting Adjustments			14,500,000
Adjustments in 2017 [Member] \| PGW
Business Acquisition
Goodwill			$ 2,500,000					2,500,000		$ 2,500,000	$ 2,500,000
Goodwill, Purchase Accounting Adjustments								$ 2,500,000
Adjustments in 2017 [Member] \| Rhiag
Business Acquisition
Goodwill				5,300,000								$ 5,300,000
Goodwill, Purchase Accounting Adjustments				$ 5,300,000

Purchase Price Allocations for

Purchase Price Allocations for Acquisitions (Details) $ in Thousands, € in Millions, £ in Millions	3 Months Ended			6 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016GBP (£)	Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)	Mar. 31, 2017USD ($)	Dec. 31, 2016EUR (€)
Business Acquisition
Payments to Acquire Businesses, Net of Cash Acquired				$ 100,728	$ 1,268,841
Goodwill	$ 3,191,613	$ 3,054,769		3,191,613		$ 3,191,613		$ 3,054,769
Business Combination, Bargain Purchase, Gain Recognized, Amount	(3,077)	(8,200)	$ 0	(3,077)	$ 0	(10,107)
Business Acquisition Contingent Consideration Liabilities Payments Made				1,700
Andrew Page [Member]
Business Acquisition
Business Combination, Consideration Transferred							£ 15.7	20,100
Business Combination, Bargain Purchase, Gain Recognized, Amount	(1,900)
All 2016 Acquisitions
Business Acquisition
Payments to Acquire Businesses, Net of Cash Acquired								1,349,339
Receivables		380,409						380,409
Receivable reserves		(36,171)						(36,171)
Inventories (3)		470,911						470,911
Prepaid expenses and other current assets		57,811						57,811
Property and equipment		299,559						299,559
Goodwill		842,809						842,809
Other intangibles		469,851						469,851
Other assets (4)		59,630						59,630
Deferred income taxes		(94,285)						(94,285)
Current liabilities assumed		(450,287)						(450,287)
Debt assumed		(557,248)						(557,248)
Other noncurrent liabilities assumed		(74,035)						(74,035)
Other purchase price obligations		(6,698)						(6,698)
Notes issued		(4,087)						(4,087)
Settlement of pre-existing balances		(623)						(623)
Business Combination, Bargain Purchase, Gain Recognized, Amount								(8,207)
Rhiag
Business Acquisition
Business Combination, Consideration Transferred								602,000	€ 534.2
Payments to Acquire Businesses, Net of Cash Acquired								601,416	€ 533.6
Receivables		230,670						230,670
Receivable reserves		(28,242)						(28,242)
Inventories (3)		239,529						239,529
Prepaid expenses and other current assets		10,793						10,793
Property and equipment		56,774						56,774
Goodwill		585,415						585,415		$ 590,700
Other intangibles		429,360						429,360
Other assets (4)		2,092						2,092
Deferred income taxes		(110,791)						(110,791)
Current liabilities assumed		(239,665)						(239,665)
Debt assumed		(550,843)						(550,843)			€ (488.8)
Other noncurrent liabilities assumed		(23,085)						(23,085)
Other purchase price obligations		0						0
Notes issued		0						0
Settlement of pre-existing balances		(591)						(591)			€ (0.6)
PGW
Business Acquisition
Payments to Acquire Businesses, Net of Cash Acquired								661,748
Receivables		136,523						136,523
Receivable reserves		(7,135)						(7,135)
Inventories (3)		169,159						169,159
Prepaid expenses and other current assets		42,573						42,573
Property and equipment		225,645						225,645
Goodwill	207,600	205,058		207,600		207,600		205,058
Other intangibles		37,954						37,954
Other assets (4)		57,671						57,671
Deferred income taxes		17,506						17,506
Current liabilities assumed		(168,332)						(168,332)
Debt assumed		(4,027)						(4,027)
Other noncurrent liabilities assumed		(50,847)						(50,847)
Other purchase price obligations		0						0
Notes issued		0						0
Settlement of pre-existing balances		0						0
All 2016 Acquisitions Excluding Rhiag and PGW
Business Acquisition
Payments to Acquire Businesses, Net of Cash Acquired								86,175
Receivables		13,216						13,216
Receivable reserves		(794)						(794)
Inventories (3)		62,223						62,223
Prepaid expenses and other current assets		4,445						4,445
Property and equipment		17,140						17,140
Goodwill		52,336						52,336
Other intangibles		2,537						2,537
Other assets (4)		(133)						(133)
Deferred income taxes		(1,000)						(1,000)
Current liabilities assumed		(42,290)						(42,290)
Debt assumed		(2,378)						(2,378)
Other noncurrent liabilities assumed		(103)						(103)
Other purchase price obligations		(6,698)						(6,698)
Notes issued		(4,087)						(4,087)
Settlement of pre-existing balances		$ (32)						(32)
Business Combination, Bargain Purchase, Gain Recognized, Amount								(8,207)
All 2015 Acquisitions
Business Acquisition
Payments to Acquire Businesses, Net of Cash Acquired				98,984
Receivables	24,697			24,697		24,697
Receivable reserves	(4,199)			(4,199)		(4,199)
Inventories (3)	54,806			54,806		54,806
Prepaid expenses and other current assets	(1,428)			(1,428)		(1,428)
Property and equipment	(3,436)			(3,436)		(3,436)
Goodwill	40,446			40,446		40,446
Other intangibles	16,886			16,886		16,886
Other assets (4)	2,575			2,575		2,575
Deferred income taxes	150			150		150
Current liabilities assumed	(16,653)			(16,653)		(16,653)
Debt assumed	(2,092)			(2,092)		(2,092)
Other noncurrent liabilities assumed	(1,539)			(1,539)		(1,539)
Other purchase price obligations	(3,615)			(3,615)		(3,615)
Settlement of pre-existing balances	0			0		0
Business Combination, Bargain Purchase, Gain Recognized, Amount				(3,077)
Adjustments in 2017 [Member]
Business Acquisition
Business Combination, Bargain Purchase, Gain Recognized, Amount	(1,900)
Adjustments in 2017 [Member] \| Rhiag
Business Acquisition
Property and equipment	6,400			6,400		6,400
Goodwill										$ 5,300
Adjustments in 2017 [Member] \| PGW
Business Acquisition
Prepaid expenses and other current assets	3,100			3,100		3,100
Goodwill	$ 2,500			$ 2,500		$ 2,500
PGW
Business Acquisition
Business Combinations, Equity Method Investment								$ 23,600

Pro Forma Effect of Businesses

Pro Forma Effect of Businesses Acquired (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition
Revenue, as reported		$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
Pro forma revenue		2,465,118	2,448,407	4,835,414	4,790,668
Income from continuing operation		150,914	137,810	291,723	249,981
Net Income		150,914	142,785	287,192	254,956
Pro forma income from continuing operations		$ 151,433	$ 140,221	$ 293,253	$ 267,551
Pro forma earnings per share from continuing operations, basic (4)	[1]	$ 0.49	$ 0.46	$ 0.95	$ 0.87
Diluted earnings per share from continuing operations		0.49	0.45	0.94	0.81
Pro forma earnings per share from continuing operations, diluted (4)	[1]	$ 0.49	$ 0.46	$ 0.94	$ 0.86
Restructuring and acquisition related expenses		$ 2,521	$ 9,080	$ 5,449	$ 23,891
Basic earnings per share from continuing operations		$ 0.49	$ 0.45	$ 0.95	$ 0.82
Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses		$ 2,100	$ 3,000	$ 4,800	$ 15,700
Rhiag
Business Acquisition
Revenue of purchased businesses for the period prior to acquisition		0	0	0	213,376
Net income of purchased businesses for the period prior to acquisition, including pro forma purchase accounting adjustments		$ 0	$ 60	$ 0	$ (143)
Effect of purchased businesses for the period prior to acquisition		$ 0	$ 0	$ 0	$ 0
Effect of purchased businesses for the period prior to acquisition		$ 0	$ 0	$ 0	$ 0
Rhiag \| Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses					$ 11,000
PGW
Business Acquisition
Pro Forma costs excluded				$ 5,400
Revenue of purchased businesses for the period prior to acquisition		$ 0	$ 19,506	0	102,540
Net income of purchased businesses for the period prior to acquisition, including pro forma purchase accounting adjustments		$ 0	$ 736	$ 0	$ 7,574
Effect of purchased businesses for the period prior to acquisition		$ 0	$ 0	$ 0	$ 0.02
Effect of purchased businesses for the period prior to acquisition		$ 0	$ 0	$ 0	$ 0.02
PGW \| Acquisition-related expenses
Business Acquisition
Restructuring and acquisition related expenses					$ 3,900
All 2017 Acquisitions [Member]
Business Acquisition
Revenue of purchased businesses for the period prior to acquisition		$ 6,707		$ 34,160
Net income of purchased businesses for the period prior to acquisition, including pro forma purchase accounting adjustments		(629)		(803)
Acquisition related costs, net of tax		$ 1,148		$ 2,333
Effect of purchased businesses for the period prior to acquisition		$ 0		$ 0
Business Acquisition Pro Forma Income Loss From Acquisition Related Costs, Net of Tax, Per Basic Share Effect		0		0.01
Effect of purchased businesses for the period prior to acquisition		0		0
Business Acquisition Pro Forma Income Loss From Acquisition Related Costs, Net of Tax, Per Diluted Share Effect		$ 0		$ 0.01
All 2017 and 2016 Acquisitions Excluding Rhiag and PGW [Member]
Business Acquisition
Revenue of purchased businesses for the period prior to acquisition			$ 124,095		248,470
Net income of purchased businesses for the period prior to acquisition, including pro forma purchase accounting adjustments			$ (50)		$ (16)
Effect of purchased businesses for the period prior to acquisition			$ 0		$ 0
Effect of purchased businesses for the period prior to acquisition			$ 0		$ 0
All 2016 Acquisitions
Business Acquisition
Acquisition related costs, net of tax			$ 1,665		$ 10,155
Business Acquisition Pro Forma Income Loss From Acquisition Related Costs, Net of Tax, Per Basic Share Effect			$ 0.01
Business Acquisition Pro Forma Income Loss From Acquisition Related Costs, Net of Tax, Per Diluted Share Effect			$ 0.01		$ 0.03

[1]	PGW reflects the results for the continuing aftermarket automotive glass distribution business only.

Discontinued Operations Net ass

Discontinued Operations Net assets of discontinued operations (Details) - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		6 Months Ended
	Mar. 01, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest Allocated to Discontinued Operations	$ 1,600	$ 1,700
Loss on sale of business					$ (8,600)
Disposal Group, Including Discontinued Operation, Revenue				$ 145,887	111,130	$ 145,887
Proceeds from Divestiture of Businesses					301,297	10,304
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		$ 21,340		21,340		21,340	$ 7,116
Proceeds from disposal of business/investment					316,100
Cash disposed as part of divestment					14,800
Disposal Group, Including Discontinued Operation, Costs of Goods Sold				129,756	100,084	129,756
Disposal Group, Including Discontinued Operation, Operating Expense				5,392	8,369	5,392
OperatingIncomefromDiscontinuedOperations				10,739	2,677	10,739
Disposal Group, Including Discontinued Operation, Other Expense				(3,533)	1,204	(3,533)
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax				7,206	3,881	7,206
Discontinued Operation, Tax Effect of Discontinued Operation				2,564	3,598	2,564
disposal group, including discontinued operation, equity in earnings				333	(534)	333
IncomeLossFromDiscontinuedOperationsExcludingLossonSaleNetOfTaxAttributableToReportingEntity				4,975	(251)	4,975
Loss from discontinued operations, net of tax			$ 0	4,975	(4,531)	4,975
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax				$ 0	(4,280)	$ 0
Purchase price receivable [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration			$ 3,600		$ 3,600

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	2 Months Ended		3 Months Ended		6 Months Ended
Discontinued Operations (Details) - USD ($) $ in Thousands	Mar. 01, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Proceeds from Divestiture of Businesses, Net of Cash Divested					$ 301,297	$ 10,304
Intercompany Sales between Continuing and Discontinued Operations	$ 7,800
Disposal Group, Including Discontinued Operation, Revenue				$ 145,887	111,130	145,887
Disposal Group, Including Discontinued Operation, Costs of Goods Sold				(129,756)	(100,084)	(129,756)
Disposal Group, Including Discontinued Operation, Operating Expense				(5,392)	(8,369)	(5,392)
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation					4,300
Intercompany payable between discontinued operations and continuing operations			$ 5,700		5,700
OperatingIncomefromDiscontinuedOperations				10,739	2,677	10,739
Disposal Group, Including Discontinued Operation, Other Expense				(3,533)	1,204	(3,533)
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax				7,206	3,881	7,206
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation				(2,564)	(3,598)	(2,564)
disposal group, including discontinued operation, equity in earnings				333	(534)	333
Loss from discontinued operations, net of tax			0	4,975	(4,531)	4,975
Interest Allocated to Discontinued Operations	1,600	$ 1,700
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax					8,600
Capital Expenditures			47,147	51,926	91,545	102,319
Cash Provided by (Used in) Operating Activities, Discontinued Operations	3,900	(31,200)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	3,600	7,300
Cash Provided by (Used in) Financing Activities, Discontinued Operations	$ (15,000)	$ 7,800
Proceeds from Divestiture of Businesses					316,100
Cash disposed as part of divestment					14,800
Purchases under supply agreement					16,700
Continuing and Discontinued Operations [Member]
Capital Expenditures				$ 7,264	3,598	$ 7,264
Purchase price receivable [Member]
Disposal Group, Including Discontinued Operation, Consideration			$ 3,600		$ 3,600

Financial Statement Informati41

Financial Statement Information - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Dec. 01, 2016
Net Cash Provided by (Used in) Financing Activities			$ (423,076)	$ 1,171,280
Equity Method Investments	$ 181,996		181,996			$ 183,467
Depreciation			$ 58,700	$ 53,900
Net income (1)	$ 0.49	$ 0.46	$ 0.93	$ 0.82
Net Income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Schedule of Finite-Lived Intangible Assets [Table Text Block]			The components of other intangibles are as follows (in thousands): June 30, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Trade names and trademarks $ 312,886 $ (64,775 ) $ 248,111 $ 286,008 $ (51,104 ) $ 234,904 Customer and supplier relationships 430,348 (128,863 ) 301,485 395,284 (92,079 ) 303,205 Software and other technology related assets 89,979 (47,784 ) 42,195 77,329 (35,648 ) 41,681 Covenants not to compete 12,028 (8,486 ) 3,542 11,726 (7,285 ) 4,441 $ 845,241 $ (249,908 ) $ 595,333 $ 770,347 $ (186,116 ) $ 584,231
Goodwill	3,191,613		$ 3,191,613			3,054,769
Reserve for estimated returns, discounts and allowances	(40,000)		(40,000)			(38,300)
Reserve for uncollectible accounts	52,000		52,000			45,600
Finite-lived intangible assets, gross	845,241		845,241			770,347
Amortization expense			47,900	$ 33,200
Estimated annual amortization expense in year two	84,500		84,500
Estimated annual amortization expense in year three	69,800		69,800
Estimated annual amortization expense in year five	$ 49,400		$ 49,400
Net income (1)	$ 0.49	$ 0.47	$ 0.93	$ 0.83
Retained earnings	$ 2,877,551		$ 2,877,551			2,590,359
Income (Loss) from Equity Method Investments	991	$ (186)	1,205	$ (548)
PGW
Goodwill	207,600		207,600			205,058
Rhiag
Goodwill					$ 590,700	$ 585,415
Mekonomen [Member]
Equity Method Investments	$ 179,700		$ 179,700				$ 0
Equity Method Investment, Ownership Percentage	2650.00%		2650.00%
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity	$ 116,600		$ 116,600
Income (Loss) from Equity Method Investments	2,000		2,300
Equity Method Investments, Fair Value Disclosure	$ 188,500		$ 188,500
ASU 2016-09 adjustments [Member] \| Restatement Adjustment [Member]
Net Cash Provided by (Used in) Financing Activities				$ 6,700

Financial Statement Informati42

Financial Statement Information Schedule of Inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Product Information
Inventories	$ 2,063,462	$ 1,935,237
Aftermarket and refurbished products
Product Information
Inventories	1,613,871	1,540,257
Inventories (3)	19,000
Salvage and remanufactured products
Product Information
Inventories	449,591	$ 394,980
Inventories (3)	$ 35,800

Financial Statement Informati43

Financial Statement Information Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 841,608	$ 811,576

Changes in Carrying Amount of G

Changes in Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 3,054,769
Business acquisitions and adjustments to previously recorded goodwill	40,446
Exchange rate effects	96,398
Goodwill, ending balance	3,191,613
North America
Goodwill [Roll Forward]
Goodwill, beginning balance	1,661,800
Business acquisitions and adjustments to previously recorded goodwill	29,945
Exchange rate effects	4,206
Goodwill, ending balance	1,695,951
Europe
Goodwill [Roll Forward]
Goodwill, beginning balance	1,099,976
Business acquisitions and adjustments to previously recorded goodwill	9,835
Exchange rate effects	92,394
Goodwill, ending balance	1,202,205
Specialty
Goodwill [Roll Forward]
Goodwill, beginning balance	292,993
Business acquisitions and adjustments to previously recorded goodwill	666
Exchange rate effects	(202)
Goodwill, ending balance	293,457
Rhiag
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 585,415

Components of Other Intangibles

Components of Other Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets
Finite-Lived Intangible Assets, Amortization Expense, Year Two	$ 84,500
Finite-lived intangible assets, gross	845,241	$ 770,347
Accumulated amortization	(249,908)	(186,116)
Other intangibles, net	595,333	584,231
Finite-Lived Intangible Assets, Amortization Expense, Year Three	69,800
Finite-Lived Intangible Assets, Amortization Expense, Year Four	55,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five	46,000
Trade names and trademarks
Finite-Lived Intangible Assets
Finite-lived intangible assets, gross	312,886	286,008
Accumulated amortization	(64,775)	(51,104)
Other intangibles, net	248,111	234,904
Customer and supplier relationships
Finite-Lived Intangible Assets
Finite-lived intangible assets, gross	430,348	395,284
Accumulated amortization	(128,863)	(92,079)
Other intangibles, net	301,485	303,205
Software and technology related assets
Finite-Lived Intangible Assets
Finite-lived intangible assets, gross	89,979	77,329
Accumulated amortization	(47,784)	(35,648)
Other intangibles, net	42,195	41,681
Covenants not to compete
Finite-Lived Intangible Assets
Finite-lived intangible assets, gross	12,028	11,726
Accumulated amortization	(8,486)	(7,285)
Other intangibles, net	$ 3,542	$ 4,441

Financial Statement Informati46

Financial Statement Information Components of Other Intangibles Acquired as part of a Business Combination (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
All 2015 Acquisitions [Member]
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 16,886
Rhiag
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 429,360
PGW
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 37,954
Trade names and trademarks \| All 2015 Acquisitions [Member]
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	5,540
Customer and supplier relationships \| All 2015 Acquisitions [Member]
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	10,550
Software and technology related assets \| All 2015 Acquisitions [Member]
Finite-Lived Intangible Assets
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 796

Financial Statement Informati47

Financial Statement Information Schedule of Estimated Useful Lives, Finite Lived Intangible Assets (Details) $ in Thousands, SEK in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017SEK	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Finite-Lived Intangible Assets
Income (Loss) from Equity Method Investments	$ 991	$ (186)		$ 1,205	$ (548)
Trade names and trademarks \| Minimum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			4 years	4 years
Trade names and trademarks \| Maximum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			30 years	30 years
Customer and supplier relationships \| Minimum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			4 years	4 years
Customer and supplier relationships \| Maximum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			20 years	20 years
Software and technology related assets \| Minimum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			3 years	3 years
Software and technology related assets \| Maximum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			6 years	6 years
Covenants not to compete \| Minimum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			1 year	1 year
Covenants not to compete \| Maximum
Finite-Lived Intangible Assets
Finite-Lived Intangible Asset, Useful Life			5 years	5 years
Mekonomen [Member]
Finite-Lived Intangible Assets
Income (Loss) from Equity Method Investments	$ 2,000			$ 2,300
Proceeds from Equity Method Investment, Dividends or Distributions			SEK 66.6	$ 7,500

Changes in Warranty Reserve (De

Changes in Warranty Reserve (Details) $ in Thousands	6 Months Ended
Changes in Warranty Reserve (Details) $ in Thousands	Jun. 30, 2017USD ($)
Warranty Reserve [Roll Forward]
Warranty reserve, beginning balance	$ 19,634
Warranty expense	18,369
Warranty claims	(16,762)
Warranty reserve, ending balance	$ 21,241

Financial Statement Informati49

Financial Statement Information Impact to quarterly financial statements as result of adoption of ASU 2016-09 (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess Tax Benefit on Stock Based Payments		$ 2,100	$ 5,500	$ 6,500
Net Income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Net income (1)	$ 0.49	$ 0.47	$ 0.93	$ 0.83
Net income (1)	$ 0.49	$ 0.46	$ 0.93	$ 0.82
Net Cash Provided by (Used in) Financing Activities			$ 362,097	$ 361,915
ASU 2016-09 adjustments [Member] \| Restatement Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net Cash Provided by (Used in) Financing Activities				$ 6,700

Restructuring and Acquisition50

Restructuring and Acquisition Related Expenses - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Restructuring Cost and Reserve
Restructuring and acquisition related expenses	$ 2,521	$ 9,080	$ 5,449	$ 23,891
Acquisition-related expenses
Restructuring Cost and Reserve
Restructuring and acquisition related expenses	2,100	3,000	4,800	15,700
Restructuring expenses
Restructuring Cost and Reserve
Restructuring and acquisition related expenses	$ 400	$ 6,100	700	8,200
Expected additional charges			$ 5,000
Rhiag \| Acquisition-related expenses
Restructuring Cost and Reserve
Restructuring and acquisition related expenses				11,000
PGW \| Acquisition-related expenses
Restructuring Cost and Reserve
Restructuring and acquisition related expenses				3,900
All 2016 Acquisitions and yet to be Completed Acquisitions Excluding Rhiag and PGW \| Acquisition-related expenses
Restructuring Cost and Reserve
Restructuring and acquisition related expenses				$ 800

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)shares
RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Number of shares that RSUs convert into on the applicable vesting date \| shares	1
RSUs granted during the period \| shares	727,846
Fair value of RSUs or restricted stock vested during the period \| $	$ 17.8
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options \| $	$ 42.3
Minimum \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Stock options expiration period	6 years
Maximum \| RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period	5 years
Maximum \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Vesting period	5 years
Stock options expiration period	10 years

Stock-Based Compensation Schedu

Stock-Based Compensation Schedule of Unvested Restricted Stock Units Activity (Details) - RSUs - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Summary of Expected to Vest RSUs [Line Items]
Unvested RSUs, shares	1,911,368	1,873,737
RSUs granted during the period	727,846
RSUs vested, shares	(564,768)
RSUs forfeited/canceled, shares	(125,447)
RSUs expected to vest, shares	1,813,925
Unvested RSUs, weighted average grant date fair value	$ 29.33	$ 27.58
RSUs granted, weighted average grant date fair value	31.71
RSUs vested, weighted average grant date fair value	26.15
RSUs forfeited/canceled, weighted average grant date fair value	31.29
RSUs expected to vest, weighted average grant date fair value	$ 29.39
ShareBasedCompensationArrangementByShareBasedPaymentAwardRSUsAndRestrictedStockExpectedToVestOutstandingWeightedAverageRemainingContractualTerm	2 years 10 months 24 days
RSUs expected to vest, aggregate intrinsic value	$ 59,769

Stock-Based Compensation Sche53

Stock-Based Compensation Schedule of Stock Option Activity (Details) - Stock Options - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	$ 700
Stock options outstanding, shares	1,980,752	2,623,217
Stock options exercised, shares	(632,773)
Stock options forfeited/canceled, shares	(9,692)
Exercisable stock options, shares	1,980,752
Exercisable and expected to vest stock options, shares	1,980,752
Stock options outstanding, weighted average exercise price	$ 9.39	$ 9.19
Stock options exercised, weighted average exercise price	$ 8.42
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 14,773
Stock options forfeited/canceled, weighted average exercise price	$ 18.96
Exercisable stock options, weighted average exercise price	9.39
Exercisable and expected to vest stock options, weighted average exercise price	$ 9.39
Stock options outstanding, weighted average remaining contractual term (years)	2 years
Exercisable stock options, weighted average remaining contractual term (years)	2 years
Share-based compensation arrangement by share-based payment award, options, vested and expected to vest, outstanding, weighted average remaining contractual term	2 years
Stock options outstanding, aggregate intrinsic value	$ 46,672
Exercisable stock options, aggregate intrinsic value	46,672
Exercisable and expected to vest stock options, aggregate intrinsic value	$ 46,672

Schedule of Pre-Tax Stock-Based

Schedule of Pre-Tax Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense	$ 5,158	$ 5,475	$ 12,443	$ 11,391
RSUs
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense	5,158	5,446	12,437	11,325
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense	$ 0	$ 29	$ 6	$ 66

Computation of Earnings Per Sha

Computation of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Income from continuing operation	$ 150,914	$ 137,810	$ 291,723	$ 249,981
Net Income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Denominator for basic earnings per share—Weighted-average shares outstanding	308,407	306,718	308,218	306,437
Effect of dilutive securities:
RSUs	453	796	509	689
Stock options	1,536	2,264	1,622	2,360
Denominator for diluted earnings per share—Adjusted weighted-average shares outstanding	310,396	309,778	310,349	309,486
Basic earnings per share from continuing operations	$ 0.49	$ 0.45	$ 0.95	$ 0.82
Diluted earnings per share from continuing operations	$ 0.49	$ 0.45	$ 0.94	$ 0.81

Schedule of Antidilutive Securi

Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share
Antidilutive securities	0	0	73	114
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share
Antidilutive securities	76	83	77	85

Accumulated Other Comprehensi57

Accumulated Other Comprehensive Income (Loss) Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest Rate Swap
Schedule of Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ 1.7	$ (1)	$ 2.8	$ (1.8)
Cross Currency Interest Rate Contract [Member]
Schedule of Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ (30.4)		$ (35.8)

Accumulated Other Comprehensi58

Accumulated Other Comprehensive Income (Loss) Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 245,636	$ 104,751	$ 267,175	$ 105,470
Foreign currency translation	93,597	(73,257)	115,176	(73,117)
Pre-tax income accumulated comprehensive income	62,694	(79,785)	84,430	(79,789)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	(724)		112
Income tax effect	11,411	2,250	10,737	2,278
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax	275		(43)
Reclassification of unrealized gain (loss)	28,152	1,144	32,238	2,147
Reclassification of deferred income taxes	(10,452)	(360)	(11,974)	(668)
Ending Balance	154,270	181,502	154,270	181,502
Disposal of Business			(1,925)
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	250,950	96,750	272,529	96,890
Foreign currency translation	93,597	(73,257)	113,665	(73,117)
Ending Balance	157,353	170,007	157,353	170,007
Unrealized (Loss) Gain on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(11,254)	500	(8,091)	932
Pre-tax income accumulated comprehensive income	(30,179)	(6,528)	(29,347)	(6,672)
Income tax effect	11,136	2,250	10,780	2,278
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	28,702	984	32,959	1,790
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(10,589)	(320)	(12,159)	(578)
Ending Balance	(10,324)	4,114	(10,324)	4,114
Unrealized (Loss) Gain on Pension Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(5,778)	(7,501)	(2,737)	(7,648)
Reclassification of unrealized gain (loss)	(550)	160	(721)	357
Reclassification of deferred income taxes	137	(40)	185	(90)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(6,640)	(7,381)	(6,640)	(7,381)
Accumulated foreign currency adjustment attributable to disposal of business [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Disposal of cumulative translation adjustment for divested businesses			1,511
Accumulated Defined Benefit Plan Adjustment Attributable to Disposal of Business [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Write off unrealized gain(loss)			(3,436)
Accumulated Gain (Loss) from Unconsoldated Subsidiaries [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Unconsolidated Subsidiaries	(601)		(601)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(162)
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Interest Rate Swap
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	(1,700)	$ 1,000	(2,800)	$ 1,800
Cross Currency Interest Rate Contract [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ 30,400		$ 35,800

Schedule of Long-Term Obligatio

Schedule of Long-Term Obligations (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Jun. 30, 2017	Nov. 29, 2016
Euro Notes [Member]
Debt Instrument
Debt Issuance Costs, Gross	$ 10.3
Credit Agreement
Debt Instrument
Weighted average interest rate	2.00%	2.10%
Notes Payable
Debt Instrument
Weighted average interest rate	2.10%	2.20%
Other Long-Term Debt
Debt Instrument
Weighted average interest rate	2.40%	2.00%
Receivables Securitization [Member]
Debt Instrument
Weighted average interest rate		2.00%
Receivables Securitization Maximum Borrowing Capacity			$ 100
Fourth Amended Credit Agreement \| Credit Agreement
Debt Instrument
Payments of Financing Costs	$ 6.1
Debt Issuance Costs, Gross	$ 5

Schedule of Long-Term Obligat60

Schedule of Long-Term Obligations (Details) $ in Thousands, € in Millions	12 Months Ended
	Dec. 31, 2016USD ($)	Jun. 30, 2017USD ($)	Apr. 14, 2016EUR (€)	Jan. 29, 2016USD ($)	Mar. 27, 2014USD ($)	May 09, 2013USD ($)
Debt Instrument
Long-Term Obligations, Total	$ 3,365,687	$ 3,009,927
Deferred Finance Costs, Current, Net	(2,305)	(2,394)
Deferred Finance Costs, Noncurrent, Net	(21,611)	(19,965)
Debt and Capital Lease Obligations, Net	3,341,771	2,987,568
Long-term Debt and Capital Lease Obligations, Current, Net	(66,109)	(96,860)
Long-term obligations, excluding current portion	3,275,662	2,890,708
Term Loan
Debt Instrument
Term loans payable	732,684	714,094
Revolving Credit Facility
Debt Instrument
Revolving credit facilities	1,358,220	951,010
Senior Notes
Debt Instrument
Senior notes	600,000	600,000				$ 600,000
Euro Notes [Member]
Debt Instrument
Senior notes	525,850	571,300	€ 500
Debt Issuance Costs, Gross	10,300
Receivables Securitization Facility
Debt Instrument
Receivables securitization facility	100,000	95,150
Notes Payable
Debt Instrument
Notes payable	11,808	10,055
Other Long-Term Debt
Debt Instrument
Other long-term debt	37,125	$ 68,318
Third Amended Credit Agreement \| Credit Agreement
Debt Instrument
Maximum Credit Agreement Borrowings					$ 2,300,000
Fourth Amended Credit Agreement \| Credit Agreement
Debt Instrument
Payments of Financing Costs	6,100
Maximum Credit Agreement Borrowings				$ 3,200,000
Term loans payable				$ 750,000
Debt Issuance Costs, Gross	$ 5,000

Long-Term Obligations - Additio

Long-Term Obligations - Additional Information (Details) $ in Thousands, € in Millions	Mar. 24, 2016USD ($)	Mar. 24, 2016EUR (€)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)	Nov. 29, 2016USD ($)	Apr. 14, 2016EUR (€)	Mar. 24, 2016EUR (€)	Jan. 29, 2016USD ($)	Jan. 29, 2016EUR (€)	Mar. 27, 2014USD ($)	May 09, 2013USD ($)
Debt Instrument
Long-Term Obligations, Total			$ 3,009,927		$ 3,009,927		$ 3,365,687
Term Loan Quarterly Repayment, Percentage of Initial Balance												0.625%	0.625%
Term Loan Quarterly Repayment, Percentage												1.25%	1.25%
Outstanding letters of credit			72,200		72,200
Loss on debt extinguishment			$ 0	$ 0	$ 0	$ 26,650
Credit Agreement
Debt Instrument
Increment change in applicable margin												0.25%	0.25%
Weighted average interest rate			2.10%		2.10%		2.00%	2.00%
Increment change in commitment fees												0.05%	0.05%
Fronting fee on letters of credit in addition to participation commission												0.125%	0.125%
Availability on the revolving credit facility			$ 1,400,000		$ 1,400,000
Term Loan
Debt Instrument
Term loans payable			714,094		714,094		$ 732,684
Current maturities of credit agreement			37,200		37,200
Senior Notes
Debt Instrument
Senior notes			600,000		600,000		600,000								$ 600,000
Senior notes interest rate															4.75%
Euro Notes [Member]
Debt Instrument
Fees capitalized							10,300
Senior notes			$ 571,300		$ 571,300		525,850			€ 500
Senior notes interest rate										3.875%
Receivables Securitization Facility
Debt Instrument
Weighted average interest rate			2.00%		2.00%
Receivables Securitization Maximum Borrowing Capacity									$ 100,000
Receivables used as collateral for receivables securitization facility			$ 153,300		$ 153,300		140,300
Borrowings under receivable securitization facility, carrying value			$ 95,150		$ 95,150		100,000
Fourth Amended Credit Agreement \| Credit Agreement
Debt Instrument
Maximum Credit Agreement Borrowings												$ 3,200,000
Term loans payable												750,000
Payments of Financing Costs							6,100
Fees capitalized							5,000
Loss on debt extinguishment							1,100
Fourth Amended Credit Agreement \| Credit Agreement \| Multicurrency Component
Debt Instrument
Maximum revolving credit facility borrowings												2,450,000
Fourth Amended Credit Agreement \| USD Term Loan
Debt Instrument
Term loans payable												$ 500,000
Fourth Amended Credit Agreement \| EURO Term Loan
Debt Instrument
Term loans payable \| €													€ 230
Long-Term Obligations, Total \| €													€ 230
Third Amended Credit Agreement \| Credit Agreement
Debt Instrument
Maximum Credit Agreement Borrowings														$ 2,300,000
Loss on debt extinguishment							1,800
Rhiag
Debt Instrument
Debt Incurred under Line of Credit Facility, Used to Repay Debt Acquired \| €											€ 508
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt							$ 550,843	€ 488.8
Rhiag \| Senior Notes
Debt Instrument
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Debt	$ 519,600										€ 465
Accrued interest	8,000	€ 7.1
Payments of Debt Extinguishment Costs	23,800	21.2
Interest Rate Swap \| Rhiag \| Senior Notes
Debt Instrument
Payments for Derivative Instrument, Financing Activities	$ 4,900	€ 4.4

Derivative Instruments and He62

Derivative Instruments and Hedging Activities - Additional Information (Details) $ in Millions	Jun. 30, 2017USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net loss included in accumulated other comprehensive income (loss) to be reclassified into interest expense within the next 12 months	$ 0.6

Schedule of Cash Flow Hedges (D

Schedule of Cash Flow Hedges (Details) $ in Thousands, € in Millions	Jun. 30, 2017USD ($)	Jun. 30, 2017EUR (€)	Dec. 31, 2016USD ($)	Dec. 31, 2016EUR (€)
Derivative
Derivative Asset, Noncurrent	$ 16,805		$ 17,907
Derivative Liability, Noncurrent	34,054		3,128
Settlement of Notional Amounts \| €		€ 15
Cross Currency Interest Rate Contract [Member]
Derivative
Derivative, Notional Amount	414,477		422,408
Derivative Asset, Noncurrent	1,673		1,486
Derivative Liability, Noncurrent	34,054		3,128
Cross Currency Interest Rate Contract [Member] \| 2016CrossCurrencySwaps [Member]
Derivative
Derivative, Notional Amount			422,400	€ 400
Interest Rate Swap
Derivative
Derivative, Notional Amount	590,000		590,000
Derivative Asset, Noncurrent	15,132		$ 16,421
Derivative Liability, Noncurrent	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) $ in Thousands, € in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Apr. 14, 2016EUR (€)	May 09, 2013USD ($)
Fair Value Measurements
Portion of change in fair value included in earnings related to contingent consideration obligations outstanding at period end	$ 32	$ 46	$ 32	$ 119
Credit Agreement
Fair Value Measurements
Borrowings under credit agreement, carrying value	1,700,000		1,700,000		$ 2,100,000
Receivables Securitization Facility
Fair Value Measurements
Borrowings under receivable securitization facility, carrying value	95,150		95,150		100,000
Senior Notes
Fair Value Measurements
Debt instrument, fair value	614,600		614,600		599,500
Debt instrument, carrying value	600,000		600,000		600,000		$ 600,000
Euro Notes [Member]
Fair Value Measurements
Debt instrument, fair value	619,600		619,600		560,600
Debt instrument, carrying value	$ 571,300		$ 571,300		$ 525,850	€ 500

Financial Assets and Liabilitie

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) $ in Thousands, € in Millions	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Apr. 14, 2016EUR (€)
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	$ 57,714	$ 54,038
Fair value liabilities measured on recurring basis	81,652	43,155
Fair Value, Measurements, Recurring \| Cash surrender value of life insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	40,909	36,131
Fair Value, Measurements, Recurring \| Contingent consideration liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	4,948	3,162
Fair Value, Measurements, Recurring \| Deferred compensation liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	42,650	36,865
Fair Value, Measurements, Recurring \| Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	16,805	17,907
Fair Value, Measurements, Recurring \| Foreign Exchange Future [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	34,054	3,128
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	57,714	54,038
Fair value liabilities measured on recurring basis	76,704	39,993
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Cash surrender value of life insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	40,909	36,131
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Deferred compensation liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	42,650	36,865
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value assets measured on recurring basis	16,805	17,907
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Foreign Exchange Future [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	34,054	3,128
Fair Value, Inputs, Level 3 \| Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	4,948	3,162
Fair Value, Inputs, Level 3 \| Fair Value, Measurements, Recurring \| Contingent consideration liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value liabilities measured on recurring basis	4,948	3,162
Euro Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Debt Instrument, Face Amount	571,300	525,850	€ 500
Long-term Debt, Fair Value	$ 619,600	$ 560,600

Future Minimum Lease Commitment

Future Minimum Lease Commitments (Details) $ in Thousands	204 Months Ended
Future Minimum Lease Commitments (Details) $ in Thousands	Jun. 30, 2035yr	Jun. 30, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
Lessee leasing arrangements, operating leases, terms of contract \| yr	17
Operating Leases, Future Minimum Payments, Remainder of Fiscal Year		$ 115,765
2,018		205,391
2,019		169,376
2,020		136,187
2,021		103,497
2,022		80,872
Thereafter		527,957
Future Minimum Lease Payments		$ 1,339,045
number of consecutive lease renewals	3
Length of each renewal	5
Annual rent percentage increase	1.50%

Income Taxes Income Taxes - Add

Income Taxes Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition
Effective income tax rate			33.80%	33.00%
Net Income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Excess Tax Benefit on Stock Based Payments		$ 2,100	$ 5,500	$ 6,500

Segment and Geographic Inform68

Segment and Geographic Information - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Segment Reporting Information
Revenue	$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
Number of operating segments			4
Number of reportable segments			3
Segment EBITDA	305,859	299,603	$ 596,129	536,214
Depreciation and amortization	56,002	53,968	106,606	87,134
North America
Segment Reporting Information
Revenue	1,206,514	1,137,406	2,414,754	2,218,226
Segment EBITDA	173,732	166,075	349,867	311,766
Depreciation and amortization	21,823	20,285	42,201	37,675
Europe
Segment Reporting Information
Revenue	889,751	824,206	1,710,648	1,370,967
Segment EBITDA	83,549	89,982	162,243	147,480
Depreciation and amortization	28,732	28,280	53,483	38,588
Specialty
Segment Reporting Information
Revenue	363,470	344,471	678,404	639,541
Segment EBITDA	48,578	43,546	84,019	76,968
Depreciation and amortization	5,447	5,403	10,922	10,871
Intersegment Eliminations
Segment Reporting Information
Revenue	(1,324)	(1,277)	(2,552)	(2,452)
Third Party \| North America
Segment Reporting Information
Revenue	1,206,305	1,137,213	2,414,352	2,217,819
Third Party \| Europe
Segment Reporting Information
Revenue	889,751	824,216	1,710,648	1,370,967
Third Party \| Specialty
Segment Reporting Information
Revenue	362,355	343,377	676,254	637,496
Intersegment \| North America
Segment Reporting Information
Revenue	209	193	402	407
Intersegment \| Europe
Segment Reporting Information
Revenue	0	(10)	0	0
Intersegment \| Specialty
Segment Reporting Information
Revenue	1,115	1,094	2,150	2,045
Intersegment \| Intersegment Eliminations
Segment Reporting Information
Revenue	$ (1,324)	$ (1,277)	$ (2,552)	$ (2,452)

Schedule of Financial Performan

Schedule of Financial Performance by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information
Revenue	$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
Segment EBITDA	305,859	299,603	596,129	536,214
Depreciation and amortization	56,002	53,968	106,606	87,134
North America
Segment Reporting Information
Revenue	1,206,514	1,137,406	2,414,754	2,218,226
Segment EBITDA	173,732	166,075	349,867	311,766
Depreciation and amortization	21,823	20,285	42,201	37,675
Europe
Segment Reporting Information
Revenue	889,751	824,206	1,710,648	1,370,967
Segment EBITDA	83,549	89,982	162,243	147,480
Depreciation and amortization	28,732	28,280	53,483	38,588
Specialty
Segment Reporting Information
Revenue	363,470	344,471	678,404	639,541
Segment EBITDA	48,578	43,546	84,019	76,968
Depreciation and amortization	5,447	5,403	10,922	10,871
Intersegment Eliminations
Segment Reporting Information
Revenue	(1,324)	(1,277)	(2,552)	(2,452)
Third Party \| North America
Segment Reporting Information
Revenue	1,206,305	1,137,213	2,414,352	2,217,819
Third Party \| Europe
Segment Reporting Information
Revenue	889,751	824,216	1,710,648	1,370,967
Third Party \| Specialty
Segment Reporting Information
Revenue	362,355	343,377	676,254	637,496
Intersegment \| North America
Segment Reporting Information
Revenue	209	193	402	407
Intersegment \| Europe
Segment Reporting Information
Revenue	0	(10)	0	0
Intersegment \| Specialty
Segment Reporting Information
Revenue	1,115	1,094	2,150	2,045
Intersegment \| Intersegment Eliminations
Segment Reporting Information
Revenue	$ (1,324)	$ (1,277)	$ (2,552)	$ (2,452)

Reconciliation Of Segment EBITD

Reconciliation Of Segment EBITDA To Net Income (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017
Segment Reporting [Abstract]
Segment EBITDA	$ 305,859		$ 299,603	$ 596,129	$ 536,214
Loss from discontinued operations, net of tax	0		4,975	(4,531)	4,975
Restructuring and acquisition related expenses	2,521		9,080	5,449	23,891
Income from continuing operation	150,914		137,810	291,723	249,981
Business Combination, Adjustment, Inventory			3,602		3,602
Change in fair value of contingent consideration liabilities	(32)		(46)	(32)	(119)
Equity in earnings of unconsolidated subsidiaries	991		(186)	1,205	(548)
Gain (Loss) on Sale of Derivatives					18,342
Business Combination, Bargain Purchase, Gain Recognized, Amount	3,077	$ 8,200	0	3,077	0	$ 10,107
EBITDA	307,374		286,689	594,930
Depreciation and amortization - cost of goods sold	2,357		1,467	4,305	2,945
Depreciation and amortization	53,645		52,501	102,301	84,189
EBITDA					(526,396)
Loss on debt extinguishment	0		0	0	26,650
Provision for income taxes	75,862		70,262	148,017	123,390
Net Income	$ 150,914		$ 142,785	$ 287,192	$ 254,956

Schedule of Capital Expenditure

Schedule of Capital Expenditures by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information
Capital Expenditures	$ 47,147	$ 51,926	$ 91,545	$ 102,319
North America
Segment Reporting Information
Capital Expenditures	22,153	21,068	38,913	43,851
Europe
Segment Reporting Information
Capital Expenditures	22,676	21,444	43,134	40,551
Specialty
Segment Reporting Information
Capital Expenditures	$ 2,318	2,150	5,900	10,653
Discontinued Operations [Member]
Segment Reporting Information
Capital Expenditures		$ 7,264	$ 3,598	$ 7,264

Schedule of Assets by Reportabl

Schedule of Assets by Reportable Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Segment Reporting Information
Receivables, net	$ 1,001,246	$ 860,549
Inventories	2,063,462	1,935,237
Property and equipment, net	841,608	811,576
Equity Method Investments	181,996	183,467
Other unallocated assets	4,342,630	4,512,370
Total assets	8,430,942	8,303,199
North America
Segment Reporting Information
Receivables, net	378,038	351,681
Inventories	987,583	915,244
Property and equipment, net	509,959	505,925
Equity Method Investments	336	336
Europe
Segment Reporting Information
Receivables, net	508,940	443,281
Inventories	793,322	718,729
Property and equipment, net	273,194	247,910
Equity Method Investments	181,660	183,131
Specialty
Segment Reporting Information
Receivables, net	114,268	65,587
Inventories	282,557	301,264
Property and equipment, net	$ 58,455	$ 57,741

Schedule of Revenue by Geograph

Schedule of Revenue by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues from External Customers and Long-Lived Assets
Revenue	$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
United States
Revenues from External Customers and Long-Lived Assets
Revenue	1,456,065	1,375,707	2,873,105	2,660,674
United Kingdom
Revenues from External Customers and Long-Lived Assets
Revenue	390,022	358,266	772,674	707,942
Other countries
Revenues from External Customers and Long-Lived Assets
Revenue	$ 612,324	$ 570,833	$ 1,155,475	$ 857,666

Schedule of Tangible Long-Lived

Schedule of Tangible Long-Lived Assets by Geographic Area (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Revenues from External Customers and Long-Lived Assets
Long-lived Assets	$ 841,608	$ 811,576
United States
Revenues from External Customers and Long-Lived Assets
Long-lived Assets	536,714	531,425
United Kingdom
Revenues from External Customers and Long-Lived Assets
Long-lived Assets	176,908	159,689
Other countries
Revenues from External Customers and Long-Lived Assets
Long-lived Assets	$ 127,986	$ 120,462

Schedule of Revenue by Product

Schedule of Revenue by Product Category (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue from External Customers
Revenue	$ 2,458,411	$ 2,304,806	$ 4,801,254	$ 4,226,282
Aftermarket, other new and refurbished products
Revenue from External Customers
Revenue	1,862,573	1,751,079	3,620,635	3,138,815
Recycled, remanufactured and related products and services
Revenue from External Customers
Revenue	463,310	435,023	918,189	865,612
Other
Revenue from External Customers
Revenue	$ 132,528	$ 118,704	$ 262,430	$ 221,855

Condensed Consolidating Stateme

Condensed Consolidating Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Revenue	$ 2,458,411		$ 2,304,806	$ 4,801,254	$ 4,226,282
Cost of goods sold	1,493,402		1,398,990	2,906,152	2,560,029
Gross margin	965,009		905,816	1,895,102	1,666,253
Facility and warehouse expenses	190,936		177,378	380,716	334,983
Distribution expenses	194,392		184,326	380,202	336,669
Selling, general and administrative expenses	278,942		250,086	546,169	468,404
Restructuring and acquisition related expenses	2,521		9,080	5,449	23,891
Depreciation and amortization	53,645		52,501	102,301	84,189
Operating income	244,573		232,445	480,265	418,117
Other expense (income):
EBITDA					(526,396)
Interest and Debt Expense	24,596		24,649	48,584	39,241
Intercompany interest (income) expense, net	0		0	0	0
Gain on bargain purchase	(3,077)	$ (8,200)	0	(3,077)	0	$ (10,107)
Loss on debt extinguishment	0		0	0	26,650
Change in fair value of contingent consideration liabilities	(32)		(46)	(32)	(119)
Gains on foreign exchange contracts - acquisition related	0		0	0	(18,342)
Other income, net	(2,731)		(462)	(3,777)	(3,351)
Income from continuing operations before provision for income taxes	225,785		208,258	438,535	373,919
Provision for income taxes	75,862		70,262	148,017	123,390
Equity in earnings of unconsolidated subsidiaries	991		(186)	1,205	(548)
Nonoperating Income (Expense)	18,788		24,187	41,730	44,198
Income from continuing operation	150,914		137,810	291,723	249,981
Loss from discontinued operations, net of tax	0		4,975	(4,531)	4,975
Income (Loss) from Subsidiaries, Net of Tax	0		0	0	0
Net Income (Loss) Attributable to Parent	150,914		142,785	287,192	254,956
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Revenue	(30,757)		(34,171)	(71,401)	(66,499)
Cost of goods sold	(30,757)		(34,171)	(71,401)	(66,499)
Gross margin	0		0	0	0
Facility and warehouse expenses	0		0	0	0
Distribution expenses	0		0	0	0
Selling, general and administrative expenses	0		0	0	0
Restructuring and acquisition related expenses	0		0	0	0
Depreciation and amortization	0		0	0	0
Operating income	0		0	0	0
Other expense (income):
Interest and Debt Expense	0		0	0	0
Intercompany interest (income) expense, net	0		0	0	0
Gain on bargain purchase	0			0
Loss on debt extinguishment					0
Gains on foreign exchange contracts - acquisition related					0
Other income, net	0		0	0	0
Income from continuing operations before provision for income taxes	0		0	0	0
Provision for income taxes	0		0	0	0
Equity in earnings of unconsolidated subsidiaries	0		0	0	0
Nonoperating Income (Expense)	0		0	0	0
Income from continuing operation			(149,323)	(327,235)	(270,640)
Loss from discontinued operations, net of tax			(6,946)	2,481	(6,946)
Income (Loss) from Subsidiaries, Net of Tax	(168,856)		(149,323)	(327,235)	(270,640)
Net Income (Loss) Attributable to Parent	(168,856)		(156,269)	(324,754)	(277,586)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Revenue	0		0	0	0
Cost of goods sold	0		0	0	0
Gross margin	0		0	0	0
Facility and warehouse expenses	0		0	0	0
Distribution expenses	0		0	0	0
Selling, general and administrative expenses	9,165		8,887	18,348	19,266
Restructuring and acquisition related expenses	0		0	0	0
Depreciation and amortization	30		33	60	69
Operating income	(9,195)		(8,920)	(18,408)	(19,335)
Other expense (income):
Interest and Debt Expense	16,492		16,125	32,672	28,242
Intercompany interest (income) expense, net	(2,160)		(2,355)	(7,832)	(13,032)
Gain on bargain purchase	0			0
Loss on debt extinguishment					2,894
Gains on foreign exchange contracts - acquisition related					(18,342)
Other income, net	(37)		33	254	(78)
Income from continuing operations before provision for income taxes	(23,490)		(22,723)	(43,502)	(19,019)
Provision for income taxes	(11,161)		(9,670)	(18,598)	(9,557)
Equity in earnings of unconsolidated subsidiaries	182		0	0	(795)
Nonoperating Income (Expense)	14,295		13,803	25,094	(316)
Income from continuing operation			137,810	291,723	249,981
Loss from discontinued operations, net of tax			4,975	(4,531)	4,975
Income (Loss) from Subsidiaries, Net of Tax	163,061		150,863	316,627	260,238
Net Income (Loss) Attributable to Parent	150,914		142,785	287,192	254,956
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Revenue	1,487,435		1,419,225	2,940,951	2,737,392
Cost of goods sold	889,087		852,430	1,752,462	1,647,670
Gross margin	598,348		566,795	1,188,489	1,089,722
Facility and warehouse expenses	129,332		117,430	257,135	232,640
Distribution expenses	121,584		118,320	242,014	222,474
Selling, general and administrative expenses	134,527		128,973	271,822	255,641
Restructuring and acquisition related expenses	654		7,082	2,537	11,118
Depreciation and amortization	24,586		23,453	48,067	43,997
Operating income	187,665		171,537	366,914	323,852
Other expense (income):
Interest and Debt Expense	26		(309)	224	(166)
Intercompany interest (income) expense, net	(2,735)		2,376	(1,716)	8,966
Gain on bargain purchase	0			0
Loss on debt extinguishment					0
Gains on foreign exchange contracts - acquisition related					0
Other income, net	(4,067)		(1,542)	(4,236)	(4,342)
Income from continuing operations before provision for income taxes	194,441		171,012	372,642	319,394
Provision for income taxes	73,363		67,812	143,401	118,128
Equity in earnings of unconsolidated subsidiaries	0		14	0	19
Nonoperating Income (Expense)	(6,776)		525	(5,728)	4,458
Income from continuing operation			101,674	239,849	211,687
Loss from discontinued operations, net of tax			4,975	(4,531)	4,975
Income (Loss) from Subsidiaries, Net of Tax	5,795		(1,540)	10,608	10,402
Net Income (Loss) Attributable to Parent	126,873		106,649	235,318	216,662
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Revenue	1,001,733		919,752	1,931,704	1,555,389
Cost of goods sold	635,072		580,731	1,225,091	978,858
Gross margin	366,661		339,021	706,613	576,531
Facility and warehouse expenses	61,604		59,948	123,581	102,343
Distribution expenses	72,808		66,006	138,188	114,195
Selling, general and administrative expenses	135,250		112,226	255,999	193,497
Restructuring and acquisition related expenses	1,867		1,998	2,912	12,773
Depreciation and amortization	29,029		29,015	54,174	40,123
Operating income	66,103		69,828	131,759	113,600
Other expense (income):
Interest and Debt Expense	8,078		8,833	15,688	11,165
Intercompany interest (income) expense, net	4,895		(21)	9,548	4,066
Gain on bargain purchase	(3,077)			(3,077)
Loss on debt extinguishment					23,756
Gains on foreign exchange contracts - acquisition related					0
Other income, net	1,373		1,047	205	1,069
Income from continuing operations before provision for income taxes	54,834		59,969	109,395	73,544
Provision for income taxes	13,660		12,120	23,214	14,819
Equity in earnings of unconsolidated subsidiaries	809		(200)	1,205	228
Nonoperating Income (Expense)	11,269		9,859	22,364	40,056
Income from continuing operation			47,649	87,386	58,953
Loss from discontinued operations, net of tax			1,971	2,050	1,971
Income (Loss) from Subsidiaries, Net of Tax	0		0	0	0
Net Income (Loss) Attributable to Parent	$ 41,983		$ 49,620	$ 89,436	$ 60,924

Condensed Consolidating State77

Condensed Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Condensed Financial Statements, Captions [Line Items]
Net Income	$ 150,914	$ 142,785	$ 287,192	$ 254,956
Other comprehensive income (loss), net of tax:
Foreign currency translation	93,597	(73,257)	115,176	(73,117)
Net change in unrecognized gains/losses on derivative instruments, net of tax	(930)	(3,614)	2,233	(3,182)
Net change in unrealized gains/losses on pension plan, net of tax	(862)	120	(3,903)	267
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Total other comprehensive income (loss)	91,366	(76,751)	112,905	(76,032)
Total comprehensive income	242,280	66,034	400,097	178,924
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Net Income	(168,856)	(156,269)	(324,754)	(277,586)
Other comprehensive income (loss), net of tax:
Foreign currency translation	(103,000)	88,946	(128,010)	94,840
Net change in unrecognized gains/losses on derivative instruments, net of tax	0	(99)	133	(195)
Net change in unrealized gains/losses on pension plan, net of tax	862	(120)	3,903	(267)
Other comprehensive income (loss), unconsolidated subsidiaries	439		601
Total other comprehensive income (loss)	(101,699)	88,727	(123,373)	94,378
Total comprehensive income	(270,555)	(67,542)	(448,127)	(183,208)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net Income	150,914	142,785	287,192	254,956
Other comprehensive income (loss), net of tax:
Foreign currency translation	93,597	(73,257)	115,176	(73,117)
Net change in unrecognized gains/losses on derivative instruments, net of tax	(930)	(3,614)	2,233	(3,182)
Net change in unrealized gains/losses on pension plan, net of tax	(862)	120	(3,903)	267
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Total other comprehensive income (loss)	91,366	(76,751)	112,905	(76,032)
Total comprehensive income	242,280	66,034	400,097	178,924
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Income	126,873	106,649	235,318	216,662
Other comprehensive income (loss), net of tax:
Foreign currency translation	10,097	(15,116)	13,975	(17,971)
Net change in unrecognized gains/losses on derivative instruments, net of tax	0	0	(133)	0
Net change in unrealized gains/losses on pension plan, net of tax	(448)	0	(3,253)	0
Other comprehensive income (loss), unconsolidated subsidiaries	0		0
Total other comprehensive income (loss)	9,649	(15,116)	10,589	(17,971)
Total comprehensive income	136,522	91,533	245,907	198,691
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Income	41,983	49,620	89,436	60,924
Other comprehensive income (loss), net of tax:
Foreign currency translation	92,903	(73,830)	114,035	(76,869)
Net change in unrecognized gains/losses on derivative instruments, net of tax	0	99	0	195
Net change in unrealized gains/losses on pension plan, net of tax	(414)	120	(650)	267
Other comprehensive income (loss), unconsolidated subsidiaries	(439)		(601)
Total other comprehensive income (loss)	92,050	(73,611)	112,784	(76,407)
Total comprehensive income	$ 134,033	$ (23,991)	$ 202,220	$ (15,483)

Condensed Consolidating Balance

Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Cost of Goods and Services Sold	$ 1,493,402	$ 1,398,990	$ 2,906,152	$ 2,560,029
Facility And Warehouse Expenses	190,936	177,378	380,716	334,983
Current assets:
Cash and cash equivalents	303,544	251,863	303,544	251,863	$ 227,400	$ 87,397
Receivables, net	1,001,246		1,001,246		860,549
Intercompany receivables, net	0		0		0
Inventories	2,063,462		2,063,462		1,935,237
Prepaid expenses and other current assets	132,483		132,483		87,768
Total current assets	3,500,735		3,500,735		3,567,594
Property and equipment, net	841,608		841,608		811,576
Intangible assets:
Goodwill	3,191,613		3,191,613		3,054,769
Other intangibles, net	595,333		595,333		584,231
Investment in Subsidiaries	0		0		0
Intercompany Notes Receivable	0		0		0
Other assets	119,657		119,657		101,562
Total assets	8,430,942		8,430,942		8,303,199
Assets of discontinued operations	0		0		456,640
Current liabilities:
Accounts payable	724,201		724,201		633,773
Intercompany payables, net	0		0		0
Accrued expenses:
Accrued payroll-related liabilities	106,811		106,811		118,755
Other accrued expenses	246,747		246,747		209,101
Other current liabilities	47,041		47,041		37,943
Current portion of long-term obligations	96,860		96,860		66,109
Total current liabilities	1,221,660		1,221,660		1,210,785
Long-term obligations, excluding current portion	2,890,708		2,890,708		3,275,662
Intercompany Notes Payable	0		0		0
Deferred income taxes	225,262		225,262		199,657
Other Noncurrent Liabilities	236,627		236,627		174,146
Stockholders’ Equity	3,856,685		3,856,685		3,442,949
Total liabilities and stockholders’ equity	8,430,942		8,430,942		8,303,199
Liabilities of discontinued operations	0		0		145,104
Equity Method Investments	181,996		181,996		183,467
Distribution Expenses	194,392	184,326	380,202	336,669
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Cost of Goods and Services Sold	(30,757)	(34,171)	(71,401)	(66,499)
Facility And Warehouse Expenses	0	0	0	0
Current assets:
Cash and cash equivalents	0	0	0	0	0	0
Receivables, net	0		0		0
Intercompany receivables, net	(22,068)		(22,068)		(22,879)
Inventories	0		0		0
Prepaid expenses and other current assets	0		0		0
Total current assets	(22,068)		(22,068)		(22,879)
Property and equipment, net	0		0		0
Intangible assets:
Goodwill	0		0		0
Other intangibles, net	0		0		0
Investment in Subsidiaries	(5,468,497)		(5,468,497)		(5,309,329)
Intercompany Notes Receivable	(1,979,272)		(1,979,272)		(2,310,817)
Other assets	(4,310)		(4,310)		(5,688)
Total assets	(7,474,147)		(7,474,147)		(7,648,713)
Assets of discontinued operations					0
Current liabilities:
Accounts payable	0		0		0
Intercompany payables, net	(22,068)		(22,068)		(22,879)
Accrued expenses:
Accrued payroll-related liabilities	0		0		0
Other accrued expenses	0		0		0
Other current liabilities	0		0		0
Current portion of long-term obligations	0		0		0
Total current liabilities	(22,068)		(22,068)		(22,879)
Long-term obligations, excluding current portion	0		0		0
Intercompany Notes Payable	(1,979,272)		(1,979,272)		(2,310,817)
Deferred income taxes	(4,310)		(4,310)		(5,688)
Other Noncurrent Liabilities	0		0		0
Stockholders’ Equity	(5,468,497)		(5,468,497)		(5,309,329)
Total liabilities and stockholders’ equity	(7,474,147)		(7,474,147)		(7,648,713)
Liabilities of discontinued operations					0
Equity Method Investments	0		0		0
Distribution Expenses	0	0	0	0
Parent Company
Condensed Financial Statements, Captions [Line Items]
Cost of Goods and Services Sold	0	0	0	0
Facility And Warehouse Expenses	0	0	0	0
Current assets:
Cash and cash equivalents	27,445	52,144	27,445	52,144	33,030	17,616
Receivables, net	0		0		0
Intercompany receivables, net	3,259		3,259		2,805
Inventories	0		0		0
Prepaid expenses and other current assets	20,389		20,389		1,640
Total current assets	51,093		51,093		37,475
Property and equipment, net	310		310		239
Intangible assets:
Goodwill	0		0		0
Other intangibles, net	0		0		0
Investment in Subsidiaries	5,379,280		5,379,280		5,067,297
Intercompany Notes Receivable	1,182,590		1,182,590		1,510,534
Other assets	62,025		62,025		59,726
Total assets	6,675,298		6,675,298		6,675,271
Assets of discontinued operations					0
Current liabilities:
Accounts payable	4,267		4,267		1,309
Intercompany payables, net	0		0		11,237
Accrued expenses:
Accrued payroll-related liabilities	5,092		5,092		6,404
Other accrued expenses	4,940		4,940		5,502
Other current liabilities	283		283		4,283
Current portion of long-term obligations	36,397		36,397		37,710
Total current liabilities	50,979		50,979		66,445
Long-term obligations, excluding current portion	1,935,305		1,935,305		2,371,578
Intercompany Notes Payable	750,000		750,000		750,000
Deferred income taxes	0		0		0
Other Noncurrent Liabilities	82,329		82,329		44,299
Stockholders’ Equity	3,856,685		3,856,685		3,442,949
Total liabilities and stockholders’ equity	6,675,298		6,675,298		6,675,271
Liabilities of discontinued operations					0
Equity Method Investments	0		0		0
Distribution Expenses	0	0	0	0
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Cost of Goods and Services Sold	889,087	852,430	1,752,462	1,647,670
Facility And Warehouse Expenses	129,332	117,430	257,135	232,640
Current assets:
Cash and cash equivalents	45,865	19,046	45,865	19,046	35,360	13,432
Receivables, net	300,971		300,971		248,188
Intercompany receivables, net	0		0		11,237
Inventories	1,199,944		1,199,944		1,149,763
Prepaid expenses and other current assets	46,791		46,791		43,165
Total current assets	1,593,571		1,593,571		1,845,501
Property and equipment, net	538,159		538,159		527,705
Intangible assets:
Goodwill	1,883,562		1,883,562		1,851,274
Other intangibles, net	154,082		154,082		153,689
Investment in Subsidiaries	89,217		89,217		242,032
Intercompany Notes Receivable	796,682		796,682		800,283
Other assets	36,177		36,177		25,177
Total assets	5,091,786		5,091,786		5,445,997
Assets of discontinued operations					357,788
Current liabilities:
Accounts payable	303,516		303,516		244,074
Intercompany payables, net	18,809		18,809		8,837
Accrued expenses:
Accrued payroll-related liabilities	46,350		46,350		58,187
Other accrued expenses	101,199		101,199		94,287
Other current liabilities	24,621		24,621		18,456
Current portion of long-term obligations	1,842		1,842		1,097
Total current liabilities	496,337		496,337		535,828
Long-term obligations, excluding current portion	6,651		6,651		8,356
Intercompany Notes Payable	717,920		717,920		1,074,218
Deferred income taxes	118,207		118,207		95,765
Other Noncurrent Liabilities	111,961		111,961		90,722
Stockholders’ Equity	3,640,710		3,640,710		3,641,108
Total liabilities and stockholders’ equity	5,091,786		5,091,786		5,445,997
Liabilities of discontinued operations					110,890
Equity Method Investments	336		336		336
Distribution Expenses	121,584	118,320	242,014	222,474
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Cost of Goods and Services Sold	635,072	580,731	1,225,091	978,858
Facility And Warehouse Expenses	61,604	59,948	123,581	102,343
Current assets:
Cash and cash equivalents	230,234	180,673	230,234	180,673	159,010	$ 56,349
Receivables, net	700,275		700,275		612,361
Intercompany receivables, net	18,809		18,809		8,837
Inventories	863,518		863,518		785,474
Prepaid expenses and other current assets	65,303		65,303		42,963
Total current assets	1,878,139		1,878,139		1,707,497
Property and equipment, net	303,139		303,139		283,632
Intangible assets:
Goodwill	1,308,051		1,308,051		1,203,495
Other intangibles, net	441,251		441,251		430,542
Investment in Subsidiaries	0		0		0
Intercompany Notes Receivable	0		0		0
Other assets	25,765		25,765		22,347
Total assets	4,138,005		4,138,005		3,830,644
Assets of discontinued operations					98,852
Current liabilities:
Accounts payable	416,418		416,418		388,390
Intercompany payables, net	3,259		3,259		2,805
Accrued expenses:
Accrued payroll-related liabilities	55,369		55,369		54,164
Other accrued expenses	140,608		140,608		109,312
Other current liabilities	22,137		22,137		15,204
Current portion of long-term obligations	58,621		58,621		27,302
Total current liabilities	696,412		696,412		631,391
Long-term obligations, excluding current portion	948,752		948,752		895,728
Intercompany Notes Payable	511,352		511,352		486,599
Deferred income taxes	111,365		111,365		109,580
Other Noncurrent Liabilities	42,337		42,337		39,125
Stockholders’ Equity	1,827,787		1,827,787		1,668,221
Total liabilities and stockholders’ equity	4,138,005		4,138,005		3,830,644
Liabilities of discontinued operations					34,214
Equity Method Investments	181,660		181,660		$ 183,131
Distribution Expenses	$ 72,808	$ 66,006	$ 138,188	$ 114,195

Condensed Consolidating State79

Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			$ 362,097	$ 361,915
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	$ (47,147)	$ (51,926)	(91,545)	(102,319)
Investment and intercompany note activity with subsidiaries			0	0
Payments to Acquire Businesses, Net of Cash Acquired			(100,728)	(1,268,841)
Proceeds from Divestiture of Businesses, Net of Cash Divested			(301,297)	(10,304)
Proceeds from foreign exchange contracts				18,342
Other investing activities, net			4,712	1,009
Net cash provided by (used in) investing activities			113,736	(1,341,505)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			5,151	4,889
Taxes paid related to net share settlements of stock-based compensation awards			(3,955)	(2,281)
Debt issuance costs				(16,171)
Borrowings under revolving credit facilities			162,794	1,822,020
Repayments under revolving credit facilities			(585,454)	(1,012,362)
Borrowings under term loans				338,478
Repayments under term loans			(18,590)	(4,721)
Repayments under receivables securitization facility			150	97,000
Repayments under receivables securitization facility			(5,000)	(66,480)
Repayments of other long-term debt, net			(19,591)
Proceeds from (Payments for) Other Financing Activities			4,316	65
Payments of other obligations			(2,079)	(1,436)
Repayments of other debt, net				(7,824)
Repayment of Rhiag Debt and Related payments				(543,347)
Investment and intercompany note activity with parent			0	0
Cash and Cash Equivalents, Period Increase (Decrease)			69,028	185,806
Dividends			0	0
Net cash (used in) provided by financing activities			(423,076)	1,171,280
Effect of Exchange Rate on Cash and Cash Equivalents			16,271	(5,884)
Cash and cash equivalents, end of period	303,544	251,863	303,544	251,863	$ 227,400
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		21,340		21,340	7,116
Consolidation, Eliminations
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			(199,095)	(148,192)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment			0	0
Investment and intercompany note activity with subsidiaries			(276,377)	1,327,746
Payments to Acquire Businesses, Net of Cash Acquired			0	0
Proceeds from Divestiture of Businesses, Net of Cash Divested			0
Other investing activities, net			0	0
Net cash provided by (used in) investing activities			(276,377)	1,327,746
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			0	0
Taxes paid related to net share settlements of stock-based compensation awards			0	0
Debt issuance costs				0
Borrowings under revolving credit facilities			0	0
Repayments under revolving credit facilities			0	0
Borrowings under term loans				0
Repayments under term loans			0	0
Repayments under receivables securitization facility			0	0
Repayments under receivables securitization facility			0	0
Repayments of other long-term debt, net			0
Proceeds from (Payments for) Other Financing Activities			0	0
Payments of other obligations			0	0
Repayments of other debt, net				0
Repayment of Rhiag Debt and Related payments				0
Investment and intercompany note activity with parent			(276,377)	1,327,746
Cash and Cash Equivalents, Period Increase (Decrease)			0	0
Dividends			199,095	148,192
Net cash (used in) provided by financing activities			475,472	(1,179,554)
Effect of Exchange Rate on Cash and Cash Equivalents			0	0
Cash and cash equivalents, end of period	0	0	0	0	0
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		0		0	0
Parent Company
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			156,127	142,783
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment			(64)	(2)
Investment and intercompany note activity with subsidiaries			276,377	(1,293,298)
Payments to Acquire Businesses, Net of Cash Acquired			0	0
Proceeds from Divestiture of Businesses, Net of Cash Divested			0
Proceeds from foreign exchange contracts				18,342
Other investing activities, net			0	0
Net cash provided by (used in) investing activities			276,313	(1,274,958)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			5,151	4,889
Taxes paid related to net share settlements of stock-based compensation awards			(3,955)	(2,281)
Debt issuance costs				(7,100)
Borrowings under revolving credit facilities			97,000	1,204,000
Repayments under revolving credit facilities			(515,931)	(119,000)
Borrowings under term loans				89,317
Repayments under term loans			(18,590)	(3,122)
Repayments under receivables securitization facility			0	0
Repayments under receivables securitization facility			0	0
Repayments of other long-term debt, net			1,700
Proceeds from (Payments for) Other Financing Activities			0	0
Payments of other obligations			0	0
Repayments of other debt, net				0
Repayment of Rhiag Debt and Related payments				0
Investment and intercompany note activity with parent			0	0
Cash and Cash Equivalents, Period Increase (Decrease)			(5,585)	34,528
Dividends			0	0
Net cash (used in) provided by financing activities			(438,025)	1,166,703
Effect of Exchange Rate on Cash and Cash Equivalents			0	0
Cash and cash equivalents, end of period	27,445	52,144	27,445	52,144	33,030
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		0		0	0
Guarantor Subsidiaries
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			290,589	300,978
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment			(41,718)	(57,742)
Investment and intercompany note activity with subsidiaries			0	(34,448)
Payments to Acquire Businesses, Net of Cash Acquired			(78,121)	(661,852)
Proceeds from Divestiture of Businesses, Net of Cash Divested			(305,740)
Other investing activities, net			(395)	400
Net cash provided by (used in) investing activities			185,506	(753,642)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			0	0
Taxes paid related to net share settlements of stock-based compensation awards			0	0
Debt issuance costs				0
Borrowings under revolving credit facilities			0	0
Repayments under revolving credit facilities			0	0
Borrowings under term loans				0
Repayments under term loans			0	0
Repayments under receivables securitization facility			0	0
Repayments under receivables securitization facility			0	0
Repayments of other long-term debt, net			1,161
Proceeds from (Payments for) Other Financing Activities			5,000	65
Payments of other obligations			(1,336)	(1,436)
Repayments of other debt, net				(1,657)
Repayment of Rhiag Debt and Related payments				0
Investment and intercompany note activity with parent			269,668	(621,619)
Cash and Cash Equivalents, Period Increase (Decrease)			10,356	17,708
Dividends			(199,095)	(148,192)
Net cash (used in) provided by financing activities			(466,260)	470,399
Effect of Exchange Rate on Cash and Cash Equivalents			521	(27)
Cash and cash equivalents, end of period	45,865	19,046	45,865	19,046	35,360
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		12,094		12,094	149
Non-Guarantor Subsidiaries
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			114,476	66,346
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment			(49,763)	(44,575)
Investment and intercompany note activity with subsidiaries			0	0
Payments to Acquire Businesses, Net of Cash Acquired			(22,607)	(606,989)
Proceeds from Divestiture of Businesses, Net of Cash Divested			4,443	(10,304)
Other investing activities, net			5,107	609
Net cash provided by (used in) investing activities			(71,706)	(640,651)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			0	0
Taxes paid related to net share settlements of stock-based compensation awards			0	0
Debt issuance costs				(9,071)
Borrowings under revolving credit facilities			65,794	618,020
Repayments under revolving credit facilities			(69,523)	(893,362)
Borrowings under term loans				249,161
Repayments under term loans				(1,599)
Repayments under receivables securitization facility			150	97,000
Repayments under receivables securitization facility			(5,000)	(66,480)
Repayments of other long-term debt, net			(22,452)
Proceeds from (Payments for) Other Financing Activities			(684)	0
Payments of other obligations			(743)	0
Repayments of other debt, net				(6,167)
Repayment of Rhiag Debt and Related payments				(543,347)
Investment and intercompany note activity with parent			6,709	(706,127)
Cash and Cash Equivalents, Period Increase (Decrease)			64,257	133,570
Dividends			0	0
Net cash (used in) provided by financing activities			5,737	713,732
Effect of Exchange Rate on Cash and Cash Equivalents			15,750	(5,857)
Cash and cash equivalents, end of period	230,234	180,673	230,234	180,673	159,010
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		9,246		9,246	6,967
Continuing and Discontinued Operations [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities			362,097	361,915
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment			(91,545)	(102,319)
Payments to Acquire Businesses, Net of Cash Acquired			(100,728)	(1,268,841)
Proceeds from foreign exchange contracts				18,342
Other investing activities, net			4,712	1,009
Net cash provided by (used in) investing activities			113,736	(1,341,505)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options			5,151	4,889
Taxes paid related to net share settlements of stock-based compensation awards			(3,955)	(2,281)
Debt issuance costs			0	(16,171)
Borrowings under revolving credit facilities			162,794	1,822,020
Repayments under revolving credit facilities			(585,454)	(1,012,362)
Borrowings under term loans			0	338,478
Repayments under term loans			(18,590)	(4,721)
Repayments under receivables securitization facility			150	97,000
Repayments under receivables securitization facility			(5,000)	(66,480)
Proceeds from (Payments for) Other Financing Activities			4,316	65
Payments of other obligations			(2,079)	(1,436)
Repayment of Rhiag Debt and Related payments			0	(543,347)
Cash and Cash Equivalents, Period Increase (Decrease)			69,028	185,806
Net cash (used in) provided by financing activities			(423,076)	1,171,280
Effect of Exchange Rate on Cash and Cash Equivalents			16,271	(5,884)
Cash and cash equivalents, end of period	$ 303,544	273,203	$ 303,544	273,203	234,516
Continuing and Discontinued Operations [Member] \| Consolidation, Eliminations
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period					0
Continuing and Discontinued Operations [Member] \| Parent Company
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period		52,144		52,144	33,030
Continuing and Discontinued Operations [Member] \| Guarantor Subsidiaries
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period		31,140		31,140	35,509
Continuing and Discontinued Operations [Member] \| Consolidation, Eliminations
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period		0		0
Continuing and Discontinued Operations [Member] \| Non-Guarantor Subsidiaries
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash and cash equivalents, end of period		$ 189,919		189,919	$ 165,977
Euro Notes [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				563,450
Euro Notes [Member] \| Consolidation, Eliminations
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				0
Euro Notes [Member] \| Parent Company
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				0
Euro Notes [Member] \| Guarantor Subsidiaries
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				0
Euro Notes [Member] \| Non-Guarantor Subsidiaries
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				563,450
Euro Notes [Member] \| Continuing and Discontinued Operations [Member]
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Euro notes				$ 563,450