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Condensed Consolidated Balance Sheets (Subsidiary) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 33,522 $ 52,619
Receivables, net of allowance for doubtful accounts of $10,661 and $11,418 in 2023 and 2022, respectively 259,443 285,039
Other current assets 45,475 26,894
Total current assets 338,440 364,552
Property, plant and equipment 4,144,289 4,109,146
Less accumulated depreciation and amortization (2,634,370) (2,609,447)
Net property, plant and equipment 1,509,919 1,499,699
Operating lease right of use assets 1,279,602 1,271,631
Financing lease right of use assets 13,324 14,037
Goodwill 2,035,272 2,035,269
Intangible assets, net 1,181,407 1,206,625
Other assets 83,821 83,401
Total assets 6,441,785 6,475,214
Current liabilities:    
Trade accounts payable 16,894 19,643
Current maturities of long-term debt, net of deferred financing costs of $559 and $593 in 2023 and 2022, respectively 234,624 249,785
Current operating lease liabilities 177,830 205,838
Current financing lease liabilities 1,331 1,331
Accrued expenses 82,722 117,593
Deferred income 146,579 131,847
Total current liabilities 659,980 726,037
Long-term debt, net of deferred financing costs of $30,522 and $32,022 in 2023 and 2022, respectively 3,134,505 3,063,020
Operating lease liabilities 1,030,959 1,035,655
Financing lease liabilities 15,613 15,945
Deferred income tax liabilities 8,498 9,651
Asset retirement obligation 391,206 390,442
Other liabilities 40,337 39,090
Total liabilities 5,281,098 5,279,840
Stockholders’ equity:    
Additional paid-in capital 2,084,102 2,061,671
Accumulated comprehensive loss (661) (659)
Accumulated deficit (855,892) (804,382)
Non-controlling interest 340 0
Stockholder's equity 1,160,687 1,195,374
Total liabilities and stockholders’ equity 6,441,785 6,475,214
LAMAR MEDIA CORP. AND SUBSIDIARIES    
Current assets:    
Cash and cash equivalents 33,022 52,119
Receivables, net of allowance for doubtful accounts of $10,661 and $11,418 in 2023 and 2022, respectively 259,443 285,039
Other current assets 45,475 26,894
Total current assets 337,940 364,052
Property, plant and equipment 4,144,289 4,109,146
Less accumulated depreciation and amortization (2,634,370) (2,609,447)
Net property, plant and equipment 1,509,919 1,499,699
Operating lease right of use assets 1,279,602 1,271,631
Financing lease right of use assets 13,324 14,037
Goodwill 2,025,121 2,025,117
Intangible assets, net 1,180,939 1,206,158
Other assets 78,199 77,778
Total assets 6,425,044 6,458,472
Current liabilities:    
Trade accounts payable 16,894 19,643
Current maturities of long-term debt, net of deferred financing costs of $559 and $593 in 2023 and 2022, respectively 234,624 249,785
Current operating lease liabilities 177,830 205,838
Current financing lease liabilities 1,331 1,331
Accrued expenses 73,627 108,724
Deferred income 146,579 131,847
Total current liabilities 650,885 717,168
Long-term debt, net of deferred financing costs of $30,522 and $32,022 in 2023 and 2022, respectively 3,134,505 3,063,020
Operating lease liabilities 1,030,959 1,035,655
Financing lease liabilities 15,613 15,945
Deferred income tax liabilities 8,498 9,651
Asset retirement obligation 391,206 390,442
Other liabilities 40,337 39,090
Total liabilities 5,272,003 5,270,971
Stockholders’ equity:    
Common stock, value 0 0
Additional paid-in capital 3,154,609 3,132,178
Accumulated comprehensive loss (661) (659)
Accumulated deficit (2,001,247) (1,944,018)
Non-controlling interest 340 0
Stockholder's equity 1,153,041 1,187,501
Total liabilities and stockholders’ equity $ 6,425,044 $ 6,458,472