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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 43,046 $ 121,569
Receivables, net of allowance for doubtful accounts 218,603 240,854
Other current assets 25,702 18,147
Total current assets 287,351 380,570
Property, plant and equipment 3,621,869 3,615,505
Less accumulated depreciation and amortization (2,353,189) (2,333,656)
Net property, plant and equipment 1,268,680 1,281,849
Operating lease right of use assets 1,213,933 1,222,013
Financing lease right of use assets 19,030 19,670
Goodwill 1,912,359 1,912,328
Intangible assets, net 887,585 914,446
Other assets 61,559 60,565
Total assets 5,650,497 5,791,441
Current liabilities:    
Trade accounts payable 11,382 12,017
Current maturities of long-term debt, net of deferred financing costs 155,039 122,434
Current operating lease liabilities 162,861 195,439
Current financing lease liabilities 1,331 1,331
Accrued expenses 72,368 105,288
Deferred income 113,454 111,363
Total current liabilities 516,435 547,872
Long-term debt, net of deferred financing costs 2,685,085 2,764,082
Operating lease liabilities 984,117 993,776
Financing lease liabilities 18,275 18,608
Deferred income tax liabilities 3,819 4,854
Asset retirement obligation 222,891 222,876
Other liabilities 38,368 36,605
Total liabilities 4,468,990 4,588,673
Stockholders’ equity:    
Additional paid-in capital 1,985,682 1,963,850
Accumulated comprehensive income 1,138 934
Accumulated deficit (754,911) (717,331)
Cost of shares held in treasury (50,503) (44,786)
Stockholders’ equity 1,181,507 1,202,768
Total liabilities and stockholders’ equity 5,650,497 5,791,441
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Current assets:    
Cash and cash equivalents 42,546 121,069
Receivables, net of allowance for doubtful accounts 218,603 240,854
Other current assets 25,702 18,147
Total current assets 286,851 380,070
Property, plant and equipment 3,621,869 3,615,505
Less accumulated depreciation and amortization (2,353,189) (2,333,656)
Net property, plant and equipment 1,268,680 1,281,849
Operating lease right of use assets 1,213,933 1,222,013
Financing lease right of use assets 19,030 19,670
Goodwill 1,902,207 1,902,177
Intangible assets, net 887,118 913,978
Other assets 55,943 54,950
Total assets 5,633,762 5,774,707
Current liabilities:    
Trade accounts payable 11,382 12,017
Current maturities of long-term debt, net of deferred financing costs 155,039 122,434
Current operating lease liabilities 162,861 195,439
Current financing lease liabilities 1,331 1,331
Accrued expenses 65,330 98,478
Deferred income 113,454 111,363
Total current liabilities 509,397 541,062
Long-term debt, net of deferred financing costs 2,685,085 2,764,082
Operating lease liabilities 984,117 993,776
Financing lease liabilities 18,275 18,608
Deferred income tax liabilities 3,819 4,854
Asset retirement obligation 222,891 222,876
Other liabilities 38,368 36,605
Total liabilities 4,461,952 4,581,863
Stockholders’ equity:    
Common stock, value 0 0
Additional paid-in capital 3,056,188 3,034,357
Accumulated comprehensive income 1,138 934
Accumulated deficit (1,885,516) (1,842,447)
Stockholders’ equity 1,171,810 1,192,844
Total liabilities and stockholders’ equity 5,633,762 5,774,707
Series A A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value 0 0
Common Class A [Member]    
Stockholders’ equity:    
Common stock, value 87 87
Common Class B [Member]    
Stockholders’ equity:    
Common stock, value $ 14 $ 14