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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 496,639 $ 26,188
Receivables, net of allowance for doubtful accounts 251,149 254,930
Other current assets 36,797 29,051
Total current assets 784,585 310,169
Property, plant and equipment 3,677,510 3,660,311
Less accumulated depreciation and amortization (2,333,838) (2,311,196)
Net property, plant and equipment 1,343,672 1,349,115
Operating lease right of use assets 1,328,165 1,320,779
Goodwill 1,912,073 1,912,274
Intangible assets, net 971,190 992,244
Other assets 53,316 56,574
Total assets 6,393,001 5,941,155
Current liabilities:    
Trade accounts payable 12,541 14,974
Current maturities of long-term debt, net of deferred financing costs 169,616 226,514
Current operating lease liabilities 172,179 196,841
Accrued expenses 61,791 107,225
Deferred income 122,805 127,254
Total current liabilities 538,932 672,808
Long-term debt, net of deferred financing costs 3,382,193 2,753,604
Operating lease liabilities 1,071,813 1,068,181
Deferred income tax liabilities 5,401 5,713
Asset retirement obligation 226,608 226,137
Other liabilities 30,270 34,406
Total liabilities 5,255,217 4,760,849
Stockholders’ equity:    
Additional paid-in capital 1,951,651 1,922,222
Accumulated comprehensive (loss) income (913) 685
Accumulated deficit (768,693) (708,408)
Cost of shares held in treasury, 613,718 and 503,198 shares at 2020 and 2019, respectively (44,362) (34,294)
Stockholders’ equity 1,137,784 1,180,306
Total liabilities and stockholders’ equity 6,393,001 5,941,155
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Current assets:    
Cash and cash equivalents 496,139 25,688
Receivables, net of allowance for doubtful accounts 251,149 254,930
Other current assets 36,797 29,051
Total current assets 784,085 309,669
Property, plant and equipment 3,677,510 3,660,311
Less accumulated depreciation and amortization (2,333,838) (2,311,196)
Net property, plant and equipment 1,343,672 1,349,115
Operating lease right of use assets 1,328,165 1,320,779
Goodwill 1,901,922 1,902,123
Intangible assets, net 970,722 991,776
Other assets 47,700 50,959
Total assets 6,376,266 5,924,421
Current liabilities:    
Trade accounts payable 12,541 14,974
Current maturities of long-term debt, net of deferred financing costs 169,616 226,514
Current operating lease liabilities 172,179 196,841
Accrued expenses 55,616 101,266
Deferred income 122,805 127,254
Total current liabilities 532,757 666,849
Long-term debt, net of deferred financing costs 3,382,193 2,753,604
Operating lease liabilities 1,071,813 1,068,181
Deferred income tax liabilities 5,401 5,713
Asset retirement obligation 226,608 226,137
Other liabilities 30,270 34,406
Total liabilities 5,249,042 4,754,890
Stockholders’ equity:    
Additional paid-in capital 3,022,158 2,992,729
Accumulated comprehensive (loss) income (913) 685
Accumulated deficit (1,894,021) (1,823,883)
Stockholders’ equity 1,127,224 1,169,531
Total liabilities and stockholders’ equity 6,376,266 5,924,421
Series AA Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Common Class B [Member]    
Stockholders’ equity:    
Common stock, value 14 14
Common Class A [Member]    
Stockholders’ equity:    
Common stock, value $ 87 $ 87