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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
LAMAR MEDIA CORP. AND SUBSIDIARIES
Preferred Stock
Series A A Preferred Stock
Common Stock
Common Class A
Common Stock
Common Class B
Treasury Stock
Add’l Paid in Capital
Add’l Paid in Capital
LAMAR MEDIA CORP. AND SUBSIDIARIES
Accumulated Comprehensive Income (Loss)
Accumulated Comprehensive Income (Loss)
LAMAR MEDIA CORP. AND SUBSIDIARIES
Accumulated Deficit
Accumulated Deficit
LAMAR MEDIA CORP. AND SUBSIDIARIES
Beginning Balance at Dec. 31, 2019 $ 1,180,306 $ 1,169,531 $ 0 $ 87 $ 14 $ (34,294) $ 1,922,222 $ 2,992,729 $ 685 $ 685 $ (708,408) $ (1,823,883)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   29,429           29,429        
Foreign currency translations   (1,598)               (1,598)    
Non-cash compensation 1,261           1,261          
Issuance of common stock through stock awards 24,956           24,956          
Exercise of stock options 652           652          
Issuance of common stock through employee purchase plan 2,560           2,560          
Purchase of treasury stock (10,068)         (10,068)            
Foreign currency translation (1,598)               (1,598)      
Net income 40,493 40,617                 40,493 40,617
Dividend to parent   (110,755)                   (110,755)
Dividends/distributions to common shareholders (100,687)                   (100,687)  
Dividends (91)                   (91)  
Ending Balance at Mar. 31, 2020 1,137,784 1,127,224 0 87 14 (44,362) 1,951,651 3,022,158 (913) (913) (768,693) (1,894,021)
Beginning Balance at Dec. 31, 2019 1,180,306 1,169,531 0 87 14 (34,294) 1,922,222 2,992,729 685 685 (708,408) (1,823,883)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Foreign currency translations   (528)                    
Foreign currency translation (528)                      
Net income 134,680 135,046                    
Ending Balance at Sep. 30, 2020 1,139,053 1,128,917 0 87 14 (44,418) 1,958,713 3,029,221 157 157 (775,500) (1,900,461)
Beginning Balance at Mar. 31, 2020 1,137,784 1,127,224 0 87 14 (44,362) 1,951,651 3,022,158 (913) (913) (768,693) (1,894,021)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   3,962           3,962        
Foreign currency translations   740               740    
Non-cash compensation 916           916          
Issuance of common stock through stock awards 609           609          
Exercise of stock options 671           671          
Issuance of common stock through employee purchase plan 1,765           1,765          
Purchase of treasury stock (56)         (56)            
Foreign currency translation 740               740      
Net income 31,429 31,534                 31,429 31,534
Dividend to parent   (50,453)                   (50,453)
Dividends/distributions to common shareholders (50,396)                   (50,396)  
Dividends (91)                   (91)  
Ending Balance at Jun. 30, 2020 1,123,371 1,113,007 0 87 14 (44,418) 1,955,612 3,026,120 (173) (173) (787,751) (1,912,940)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   3,101           3,101        
Foreign currency translations   330               330    
Non-cash compensation 1,011           1,011          
Exercise of stock options 307           307          
Issuance of common stock through employee purchase plan 1,783           1,783          
Foreign currency translation 330               330      
Net income 62,758 62,895                 62,758 62,895
Dividend to parent   (50,416)                   (50,416)
Dividends/distributions to common shareholders (50,416)                   (50,416)  
Dividends (91)                   (91)  
Ending Balance at Sep. 30, 2020 1,139,053 1,128,917 0 87 14 (44,418) 1,958,713 3,029,221 157 157 (775,500) (1,900,461)
Beginning Balance at Dec. 31, 2020 1,202,768 1,192,844 0 87 14 (44,786) 1,963,850 3,034,357 934 934 (717,331) (1,842,447)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   21,831           21,831        
Foreign currency translations   204               204    
Non-cash compensation 1,060           1,060          
Issuance of common stock through stock awards 13,376           13,376          
Exercise of stock options 5,224           5,224          
Issuance of common stock through employee purchase plan 2,172           2,172          
Purchase of treasury stock (5,717)         (5,717)            
Foreign currency translation 204               204      
Net income 38,329 38,466                 38,329 38,466
Dividend to parent   (81,535)                   (81,535)
Dividends/distributions to common shareholders (75,818)                   (75,818)  
Dividends (91)                   (91)  
Ending Balance at Mar. 31, 2021 1,181,507 1,171,810 0 87 14 (50,503) 1,985,682 3,056,188 1,138 1,138 (754,911) (1,885,516)
Beginning Balance at Dec. 31, 2020 1,202,768 1,192,844 0 87 14 (44,786) 1,963,850 3,034,357 934 934 (717,331) (1,842,447)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Foreign currency translations   (84)                    
Foreign currency translation (84)                      
Net income 264,776 265,473                    
Ending Balance at Sep. 30, 2021 1,241,796 1,232,842 0 88 14 (50,573) 1,997,162 3,067,669 850 850 (705,745) (1,835,677)
Beginning Balance at Mar. 31, 2021 1,181,507 1,171,810 0 87 14 (50,503) 1,985,682 3,056,188 1,138 1,138 (754,911) (1,885,516)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   6,154           6,154        
Foreign currency translations   300               300    
Non-cash compensation 917           917          
Issuance of common stock through stock awards 594           594          
Exercise of stock options 2,575           2,575          
Issuance of common stock through employee purchase plan 2,068           2,068          
Foreign currency translation 300               300      
Net income 119,609 120,033                 119,609 120,033
Dividend to parent   (75,874)                   (75,874)
Dividends/distributions to common shareholders (75,874)                   (75,874)  
Dividends (91)                   (91)  
Ending Balance at Jun. 30, 2021 1,231,605 1,222,423 0 87 14 (50,503) 1,991,836 3,062,342 1,438 1,438 (711,267) (1,841,357)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Contribution from parent   5,327           5,327        
Foreign currency translations   (588)               (588)    
Non-cash compensation 1,128           1,128          
Issuance of common stock through stock awards 188           188          
Exercise of stock options 1,749           1,748          
Issuance of common stock through employee purchase plan 2,262           2,262          
Purchase of treasury stock (70)         (70)            
Foreign currency translation (588)               (588)      
Net income 106,838 106,974                 106,838 106,974
Dividend to parent   (101,294)                   (101,294)
Dividends/distributions to common shareholders (101,225)                   (101,225)  
Dividends (91)                   (91)  
Ending Balance at Sep. 30, 2021 $ 1,241,796 $ 1,232,842 $ 0 $ 88 $ 14 $ (50,573) $ 1,997,162 $ 3,067,669 $ 850 $ 850 $ (705,745) $ (1,835,677)