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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 40,493 $ 51,253
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,313 61,506
Stock-based compensation 3,437 2,233
Amortization included in interest expense 1,378 1,332
Gain on disposition of assets and investments (2,504) (4,624)
Loss on extinguishment of debt 18,179  
Deferred tax (benefit) expense (419) 792
Provision for doubtful accounts 3,206 2,403
(Increase) decrease in:    
Receivables (290) 15,198
Prepaid expenses 815 20,835
Other assets (9,600) (14,393)
Increase (decrease) in:    
Trade accounts payable 91 1,303
Accrued expenses (20,982) (41,210)
Operating lease liabilities (28,324) (29,207)
Other liabilities (4,861) (6,695)
Net cash provided by operating activities 62,932 60,726
Cash flows from investing activities:    
Acquisitions (13,565) (66,423)
Capital expenditures (25,709) (25,951)
Proceeds from disposition of assets and investments 3,686 1,297
Decrease in notes receivable   2
Net cash (used in) provided by investing activities (35,588) (91,075)
Cash flows from financing activities:    
Cash used for purchase of treasury stock (10,068) (8,682)
Net proceeds from issuance of common stock 3,212 9,874
Principal payments on long term debt (89) (7,210)
Payments on revolving credit facility (180,000) (255,000)
Proceeds received from revolving credit facility 655,000 155,000
Proceeds received from note offering 1,000,000 255,000
Redemption of senior subordinated notes (519,139)  
Proceeds received from senior credit facility term loans 598,500  
Payments on senior credit facility term loans (978,097)  
Payments on accounts receivable securitization program   (7,000)
Debt issuance costs (24,042) (4,256)
Distributions to non-controlling interest (860) (137)
Dividends/distributions (100,778) (96,006)
Net cash (used in) provided by financing activities 443,639 41,583
Effect of exchange rate changes in cash and cash equivalents (532) 100
Net increase in cash and cash equivalents 470,451 11,334
Cash and cash equivalents at beginning of period 26,188 21,494
Cash and cash equivalents at end of period 496,639 32,828
Supplemental disclosures of cash flow information:    
Cash paid for interest 42,982 39,840
Cash paid for foreign, state and federal income taxes 1,878 2,957
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Cash flows from operating activities:    
Net income 40,617 51,362
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,313 61,506
Stock-based compensation 3,437 2,233
Amortization included in interest expense 1,378 1,332
Gain on disposition of assets and investments (2,504) (4,624)
Loss on extinguishment of debt 18,179  
Deferred tax (benefit) expense (419) 792
Provision for doubtful accounts 3,206 2,403
(Increase) decrease in:    
Receivables (290) 15,198
Prepaid expenses 815 20,835
Other assets (9,600) (14,393)
Increase (decrease) in:    
Trade accounts payable 91 1,303
Accrued expenses (20,982) (41,210)
Operating lease liabilities (28,324) (29,207)
Other liabilities (31,293) (27,991)
Net cash provided by operating activities 36,624 39,539
Cash flows from investing activities:    
Acquisitions (13,565) (66,423)
Capital expenditures (25,709) (25,951)
Proceeds from disposition of assets and investments 3,686 1,297
Decrease in notes receivable   2
Net cash (used in) provided by investing activities (35,588) (91,075)
Cash flows from financing activities:    
Principal payments on long term debt (89) (7,210)
Payments on revolving credit facility (180,000) (255,000)
Proceeds received from revolving credit facility 655,000 155,000
Proceeds received from note offering 1,000,000 255,000
Redemption of senior subordinated notes (519,139)  
Proceeds received from senior credit facility term loans 598,500  
Payments on senior credit facility term loans (978,097)  
Payments on accounts receivable securitization program   (7,000)
Debt issuance costs (24,042) (4,256)
Distributions to non-controlling interest (860) (137)
Contributions from parent 29,429 30,970
Dividend to parent (110,755) (104,597)
Net cash (used in) provided by financing activities 469,947 62,770
Effect of exchange rate changes in cash and cash equivalents (532) 100
Net increase in cash and cash equivalents 470,451 11,334
Cash and cash equivalents at beginning of period 25,688 20,994
Cash and cash equivalents at end of period 496,139 32,328
Supplemental disclosures of cash flow information:    
Cash paid for interest 42,982 39,840
Cash paid for foreign, state and federal income taxes $ 1,878 $ 2,957