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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Current assets:      
Cash and cash equivalents $ 38,448 $ 33,503 $ 91,679
Receivables, net of allowance for doubtful accounts 164,747 147,436 141,166
Prepaid expenses 55,428 39,514 40,046
Deferred income tax assets 10,783 9,812 9,241
Other current assets 27,706 26,360 27,277
Total current assets 297,112 256,625 309,409
Property, plant and equipment 2,911,267 2,860,592 2,796,935
Less accumulated depreciation and amortization (1,765,716) (1,666,975) (1,539,484)
Net property, plant and equipment 1,145,551 1,193,617 1,257,451
Goodwill 1,435,111 1,426,848 1,426,135
Intangible assets, net 437,552 476,880 569,723
Deferred financing costs, net of accumulated amortization 37,127 34,409 43,170
Other assets 40,741 38,974 43,073
Total assets 3,393,194 3,427,353 3,648,961
Current liabilities:      
Trade accounts payable 13,353 12,663 13,208
Current maturities of long-term debt 35,653 17,310 5,694
Accrued expenses 100,024 94,654 96,542
Deferred income 47,246 36,717 38,136
Total current liabilities 196,276 161,344 153,580
Long-term debt 2,039,955 2,141,218 2,403,446
Deferred income tax liabilities 95,385 92,317 87,234
Asset retirement obligation 185,841 180,662 173,673
Other liabilities 14,806 12,814 12,505
Total liabilities 2,532,263 2,588,355 2,830,438
Stockholders' equity:      
Additional paid-in capital 2,425,347 2,405,679 2,389,125
Accumulated comprehensive income 6,374 5,326 6,110
Accumulated deficit (681,270) (683,599) (691,784)
Cost of shares held in treasury (889,631) (888,518) (885,037)
Stockholders' equity 860,931 838,998 818,523
Total liabilities and stockholders' equity 3,393,194 3,427,353 3,648,961
Series AA Preferred Stock
     
Stockholders' equity:      
Preferred stock, value         
Preferred Class A
     
Stockholders' equity:      
Preferred stock, value         
Common Class A
     
Stockholders' equity:      
Common stock, value 96 95 94
Common Class B
     
Stockholders' equity:      
Common stock, value 15 15 15
LAMAR MEDIA CORP
     
Current assets:      
Cash and cash equivalents 37,948 33,377 88,565
Receivables, net of allowance for doubtful accounts 164,747 147,436 141,166
Prepaid expenses 55,428 39,514 40,046
Deferred income tax assets 10,783 9,812 9,241
Other current assets 27,925 26,578 20,391
Total current assets 296,831 256,717 299,409
Property, plant and equipment 2,911,267 2,860,592 2,796,935
Less accumulated depreciation and amortization (1,765,716) (1,666,975) (1,539,484)
Net property, plant and equipment 1,145,551 1,193,617 1,257,451
Goodwill 1,424,959 1,416,696 1,415,983
Intangible assets, net 437,069 476,376 569,189
Deferred financing costs, net of accumulated amortization 35,174 32,455 41,218
Other assets 35,456 33,689 37,787
Total assets 3,375,040 3,409,550 3,621,037
Current liabilities:      
Trade accounts payable 13,353 12,663 13,208
Current maturities of long-term debt 35,653 17,310 5,694
Accrued expenses 97,788 93,315 85,803
Deferred income 47,246 36,717 38,136
Total current liabilities 194,040 160,005 142,841
Long-term debt 2,039,955 2,141,218 2,403,446
Deferred income tax liabilities 128,652 125,462 120,083
Asset retirement obligation 185,841 180,662 173,673
Other liabilities 14,808 12,814 12,505
Total liabilities 2,563,296 2,620,161 2,852,548
Stockholders' equity:      
Additional paid-in capital 2,598,986 2,579,318 2,562,765
Accumulated comprehensive income 6,374 5,326 6,110
Accumulated deficit (1,793,616) (1,795,255) (1,800,386)
Stockholders' equity 811,744 789,389 768,489
Total liabilities and stockholders' equity $ 3,375,040 $ 3,409,550 $ 3,621,037