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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net revenues $ 346,362 $ 338,533
Operating expenses (income)    
Direct advertising expenses (exclusive of depreciation and amortization) 131,844 128,725
General and administrative expenses (exclusive of depreciation and amortization) 72,031 66,790
Corporate expenses (exclusive of depreciation and amortization) 16,633 16,026
Depreciation and amortization 51,425 51,489
(Gain) loss on disposition of assets (1,036) (11,327)
Total Operating Expenses 270,897 251,703
Operating income 75,465 86,830
Other expense (income)    
Loss on extinguishment of debt   3,142
Interest income (4) (1)
Interest expense 31,483 30,068
Non-operating (Income) Expenses 31,479 33,209
Income before income tax expense 43,986 53,621
Income tax expense 2,199 2,307
Net income 41,787 51,314
Cash dividends declared and paid on preferred stock 91 91
Net income applicable to common stock $ 41,696 $ 51,223
Earnings per share:    
Basic earnings per share $ 0.43 $ 0.53
Diluted earnings per share 0.42 0.53
Cash dividends declared per share of common stock $ 0.83 $ 0.75
Weighted average common shares used in computing earnings per share:    
Weighted average common shares outstanding basic 97,575,481 96,793,244
Weighted average common shares outstanding diluted 98,149,974 97,378,135
Statements of Comprehensive Income    
Net income $ 41,787 $ 51,314
Other comprehensive income    
Foreign currency translation adjustments 143 1,468
Comprehensive income 41,930 52,782
LAMAR MEDIA CORP [Member]    
Net revenues 346,362 338,533
Operating expenses (income)    
Direct advertising expenses (exclusive of depreciation and amortization) 131,844 128,725
General and administrative expenses (exclusive of depreciation and amortization) 72,031 66,790
Corporate expenses (exclusive of depreciation and amortization) 16,527 15,933
Depreciation and amortization 51,425 51,489
(Gain) loss on disposition of assets (1,036) (11,327)
Total Operating Expenses 270,791 251,610
Operating income 75,571 86,923
Other expense (income)    
Loss on extinguishment of debt   3,142
Interest income (4) (1)
Interest expense 31,483 30,068
Non-operating (Income) Expenses 31,479 33,209
Income before income tax expense 44,092 53,714
Income tax expense 2,199 2,307
Net income 41,893 51,407
Statements of Comprehensive Income    
Net income 41,893 51,407
Other comprehensive income    
Foreign currency translation adjustments 143 1,468
Comprehensive income $ 42,036 $ 52,875