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Condensed Consolidated Balance Sheets (Subsidiary) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 47,779 $ 52,619
Receivables, net of allowance for doubtful accounts of $11,421 and $11,418 in 2023 and 2022, respectively 322,193 285,039
Other current assets 35,311 26,894
Total current assets 405,283 364,552
Property, plant and equipment 4,194,469 4,109,146
Less accumulated depreciation and amortization (2,662,820) (2,609,447)
Net property, plant and equipment 1,531,649 1,499,699
Operating lease right of use assets 1,286,390 1,271,631
Financing lease right of use assets 12,611 14,037
Goodwill 2,035,273 2,035,269
Intangible assets, net 1,163,673 1,206,625
Other assets 86,165 83,401
Total assets 6,521,044 6,475,214
Current liabilities:    
Trade accounts payable 17,184 19,643
Current maturities of long-term debt, net of deferred financing costs of $499 and $593 in 2023 and 2022, respectively 234,788 249,785
Current operating lease liabilities 185,647 205,838
Current financing lease liabilities 1,331 1,331
Accrued expenses 87,497 117,593
Deferred income 171,853 131,847
Total current liabilities 698,300 726,037
Long-term debt, net of deferred financing costs 3,153,998 3,063,020
Operating lease liabilities 1,039,326 1,035,655
Financing lease liabilities 15,280 15,945
Deferred income tax liabilities 9,317 9,651
Asset retirement obligation 392,897 390,442
Other liabilities 41,432 39,090
Total liabilities 5,350,550 5,279,840
Stockholders’ equity:    
Additional paid-in capital 2,090,400 2,061,671
Accumulated comprehensive loss (258) (659)
Accumulated deficit (852,901) (804,382)
Non-controlling interest 455 0
Stockholder's equity 1,170,494 1,195,374
Total liabilities and stockholders’ equity 6,521,044 6,475,214
LAMAR MEDIA CORP. AND SUBSIDIARIES    
Current assets:    
Cash and cash equivalents 47,279 52,119
Receivables, net of allowance for doubtful accounts of $11,421 and $11,418 in 2023 and 2022, respectively 322,193 285,039
Other current assets 35,311 26,894
Total current assets 404,783 364,052
Property, plant and equipment 4,194,469 4,109,146
Less accumulated depreciation and amortization (2,662,820) (2,609,447)
Net property, plant and equipment 1,531,649 1,499,699
Operating lease right of use assets 1,286,390 1,271,631
Financing lease right of use assets 12,611 14,037
Goodwill 2,025,121 2,025,117
Intangible assets, net 1,163,205 1,206,158
Other assets 80,542 77,778
Total assets 6,504,301 6,458,472
Current liabilities:    
Trade accounts payable 17,184 19,643
Current maturities of long-term debt, net of deferred financing costs of $499 and $593 in 2023 and 2022, respectively 234,788 249,785
Current operating lease liabilities 185,647 205,838
Current financing lease liabilities 1,331 1,331
Accrued expenses 78,201 108,724
Deferred income 171,853 131,847
Total current liabilities 689,004 717,168
Long-term debt, net of deferred financing costs 3,153,998 3,063,020
Operating lease liabilities 1,039,326 1,035,655
Financing lease liabilities 15,280 15,945
Deferred income tax liabilities 9,317 9,651
Asset retirement obligation 392,897 390,442
Other liabilities 41,432 39,090
Total liabilities 5,341,254 5,270,971
Stockholders’ equity:    
Common stock, value 0 0
Additional paid-in capital 3,160,907 3,132,178
Accumulated comprehensive loss (258) (659)
Accumulated deficit (1,998,057) (1,944,018)
Non-controlling interest 455 0
Stockholder's equity 1,163,047 1,187,501
Total liabilities and stockholders’ equity $ 6,504,301 $ 6,458,472