Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Quarterly Financial Data

The tables below represent the balances for the selected quarterly financial data of the Company for each reporting period in the years ended December 31, 2016 and 2015.

	Year 2016 Quarters
	March 31		June 30		September 30		December 31
Net revenues	$	338,533	$	387,528	$	387,516	$	386,717
Net revenues less direct advertising expenses	$	209,808	$	254,803	$	255,738	$	254,348
Net income applicable to common stock	$	51,223	$	81,818	$	84,970	$	80,433
Net income per common share basic	$	0.53	$	0.84	$	0.87	$	0.83
Net income per common share diluted	$	0.53	$	0.84	$	0.87	$	0.81

	Year 2015 Quarters
	March 31		June 30		September 30		December 31
Net revenues	$	302,477	$	344,249	$	350,701	$	355,969
Net revenues less direct advertising expenses	$	189,245	$	228,298	$	229,025	$	233,068
Net income applicable to common stock	$	40,625	$	59,269	$	85,874	$	76,437
Net income per common share basic	$	0.42	$	0.61	$	0.89	$	0.80
Net income per common share diluted	$	0.42	$	0.61	$	0.89	$	0.80

LAMAR MEDIA CORP [Member]

Summary of Quarterly Financial Data

The tables below represent the balances for the selected quarterly financial data of the Company for each reporting period in the years ended December 31, 2016 and 2015.

	Year 2016 Quarters
	March 31		June 30		September 30		December 31
Net revenues	$	338,533	$	387,528	$	387,516	$	386,717
Net revenues less direct advertising expenses	$	209,808	$	254,803	$	255,738	$	254,348
Net income	$	51,407	$	81,998	$	85,168	$	80,608

	Year 2015 Quarters
	March 31		June 30		September 30		December 31
Net revenues	$	302,477	$	344,249	$	350,701	$	355,969
Net revenues less direct advertising expenses	$	189,245	$	228,298	$	229,025	$	233,068
Net income	$	40,804	$	59,449	$	86,043	$	76,607