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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Current assets:      
Cash and cash equivalents $ 35,865 $ 33,503 $ 91,679
Receivables, net of allowance for doubtful accounts of $ 7,600 and $7,500 in 2012 and 2011 144,940 147,436 141,166
Prepaid expenses 59,171 39,514 40,046
Deferred income tax assets 7,967 9,812 9,241
Other current assets 33,686 26,360 27,277
Total current assets 281,629 256,625 309,409
Property, plant and equipment 2,868,937 2,860,592 2,796,935
Less accumulated depreciation and amortization (1,699,153) (1,666,975) (1,539,484)
Net property, plant and equipment 1,169,784 1,193,617 1,257,451
Goodwill 1,427,206 1,426,848 1,426,135
Intangible assets 455,879 476,880 569,723
Deferred financing costs net of accumulated amortization 41,777 34,409 43,170
Other assets 40,556 38,974 43,073
Total assets 3,416,831 3,427,353 3,648,961
Current liabilities:      
Trade accounts payable 12,691 12,663 13,208
Current maturities of long-term debt 26,242 17,310 5,694
Accrued expenses 90,761 94,654 96,542
Deferred income 39,047 36,717 38,136
Total current liabilities 168,741 161,344 153,580
Long-term debt 2,161,353 2,141,218 2,403,446
Deferred income tax liabilities 68,738 92,317 87,234
Asset retirement obligation 181,455 180,662 173,673
Other liabilities 15,433 12,814 12,505
Total liabilities 2,595,720 2,588,355 2,830,438
Stockholders' equity:      
Additional paid-in capital 2,410,886 2,405,679 2,389,125
Accumulated comprehensive income 6,007 5,326 6,110
Accumulated deficit (706,506) (683,599) (691,784)
Cost of shares held in treasury, 17,110,209 and 17,082,652 shares in 2012 and 2011, respectively (889,386) (888,518) (885,037)
Stockholders' equity 821,111 838,998 818,523
Total liabilities and stockholder's equity 3,416,831 3,427,353 3,648,961
Common Class A
     
Stockholders' equity:      
Common stock, value 95 95 94
Common Class B
     
Stockholders' equity:      
Common stock, value 15 15 15
Preferred Class A
     
Stockholders' equity:      
Preferred stock, value         
Series AA Preferred Stock
     
Stockholders' equity:      
Preferred stock, value         
Stockholders' equity   0   
LAMAR MEDIA CORP
     
Current assets:      
Cash and cash equivalents 35,365 33,377 88,565
Receivables, net of allowance for doubtful accounts of $ 7,600 and $7,500 in 2012 and 2011 144,940 147,436 141,166
Prepaid expenses 59,171 39,514 40,046
Deferred income tax assets 7,967 9,812 9,241
Other current assets 33,904 26,578 20,391
Total current assets 281,347 256,717 299,409
Property, plant and equipment 2,868,937 2,860,592 2,796,935
Less accumulated depreciation and amortization (1,699,153) (1,666,975) (1,539,484)
Net property, plant and equipment 1,169,784 1,193,617 1,257,451
Goodwill 1,417,054 1,416,696 1,415,983
Intangible assets 455,382 476,376 569,189
Deferred financing costs net of accumulated amortization 39,824 32,455 41,218
Other assets 35,271 33,689 37,787
Total assets 3,398,662 3,409,550 3,621,037
Current liabilities:      
Trade accounts payable 12,691 12,663 13,208
Current maturities of long-term debt 26,242 17,310 5,694
Accrued expenses 88,963 93,315 85,803
Deferred income 39,047 36,717 38,136
Total current liabilities 166,943 160,005 142,841
Long-term debt 2,161,353 2,141,218 2,403,446
Deferred income tax liabilities 101,985 125,462 120,083
Asset retirement obligation 181,455 180,662 173,673
Other liabilities 15,433 12,814 12,505
Total liabilities 2,627,169 2,620,161 2,852,548
Stockholders' equity:      
Common stock, value         
Additional paid-in capital 2,584,526 2,579,318 2,562,765
Accumulated comprehensive income 6,007 5,326 6,110
Accumulated deficit (1,819,040) (1,795,255) (1,800,386)
Stockholders' equity 771,493 789,389 768,489
Total liabilities and stockholder's equity $ 3,398,662 $ 3,409,550 $ 3,621,037