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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenues $ 347,652 $ 448,742 $ 754,221 $ 833,199 $ 1,753,644 $ 1,627,222 $ 1,541,260
Type of Revenue [Extensible List] us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember
Operating expenses (income)              
Direct advertising expenses (exclusive of depreciation and amortization) $ 134,059 $ 146,390 $ 283,553 $ 286,860 $ 590,078 $ 561,848 $ 540,880
Type of Cost Good or Service [Extensible List] us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember
General and administrative expenses (exclusive of depreciation and amortization) $ 67,408 $ 78,416 $ 149,612 $ 157,709 $ 318,380 $ 289,428 $ 276,229
Corporate expenses (exclusive of depreciation and amortization) 16,750 18,674 35,241 35,703 84,658 82,896 62,344
Depreciation and amortization 63,998 61,693 126,311 123,199 250,028 225,261 211,104
(Gain) loss on disposition of assets (1,015) (537) (3,519) (5,161) (7,241) 7,233 (4,664)
Total Operating Expenses 281,200 304,636 591,198 598,310 1,235,903 1,166,666 1,085,893
Operating income 66,452 144,106 163,023 234,889 517,741 460,556 455,367
Other expense (income)              
Loss on extinguishment of debt 5   18,184     15,429 71
Interest income (179) (232) (369) (385) (764) (534) (6)
Interest expense 35,437 38,322 71,990 75,917 150,616 129,732 128,396
Non-operating (Income) Expenses 35,263 38,090 89,805 75,532 149,852 144,627 128,461
Income before income tax expense 31,189 106,016 73,218 159,357 367,889 315,929 326,906
Income tax (benefit) expense (240) (12,380) 1,296 (10,292) (4,222) 10,697 9,230
Net income 31,429 118,396 71,922 169,649 372,111 305,232 317,676
Preferred stock dividends 91 91 182 182 365 365 365
Cash dividends declared and paid on preferred stock 91 91 182 182      
Net income applicable to common stock $ 31,338 $ 118,305 $ 71,740 $ 169,467 $ 371,746 $ 304,867 $ 317,311
Earnings per share:              
Basic earnings per share $ 0.31 $ 1.18 $ 0.71 $ 1.70 $ 3.71 $ 3.09 $ 3.24
Diluted earnings per share 0.31 1.18 0.71 1.69 3.71 3.08 3.23
Cash dividends declared per share of common stock $ 0.50 $ 0.96 $ 1.50 $ 1.92 $ 3.84 $ 3.65 $ 3.32
Weighted average common shares used in computing earnings per share:              
Weighted average common shares outstanding basic 100,765,681 100,012,827 100,677,510 99,862,452 100,130,721 98,817,525 97,930,555
Weighted average common shares outstanding diluted 100,861,881 100,222,082 100,818,347 100,058,054 100,320,574 99,086,160 98,369,865
Statements of Comprehensive Income              
Net income $ 31,429 $ 118,396 $ 71,922 $ 169,649 $ 372,111 $ 305,232 $ 317,676
Other comprehensive income (loss)              
Foreign currency translation adjustments 740 287 (858) 546 673 (1,290) 1,926
Comprehensive income 32,169 118,683 71,064 170,195 372,784 303,942 319,602
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]              
Net revenues $ 347,652 $ 448,742 $ 754,221 $ 833,199 $ 1,753,644 $ 1,627,222 $ 1,541,260
Type of Revenue [Extensible List] us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember
Operating expenses (income)              
Direct advertising expenses (exclusive of depreciation and amortization) $ 134,059 $ 146,390 $ 283,553 $ 286,860 $ 590,078 $ 561,848 $ 540,880
Type of Cost Good or Service [Extensible List] us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember us-gaap:AdvertisingMember
General and administrative expenses (exclusive of depreciation and amortization) $ 67,408 $ 78,416 $ 149,612 $ 157,709 $ 318,380 $ 289,428 $ 276,229
Corporate expenses (exclusive of depreciation and amortization) 16,645 18,585 35,012 35,505 84,229 82,497 61,962
Depreciation and amortization 63,998 61,693 126,311 123,199 250,028 225,261 211,104
(Gain) loss on disposition of assets (1,015) (537) (3,519) (5,161) (7,241) 7,233 (4,664)
Total Operating Expenses 281,095 304,547 590,969 598,112 1,235,474 1,166,267 1,085,511
Operating income 66,557 144,195 163,252 235,087 518,170 460,955 455,749
Other expense (income)              
Loss on extinguishment of debt 5   18,184     15,429 71
Interest income (179) (232) (369) (385) (764) (534) (6)
Interest expense 35,437 38,322 71,990 75,917 150,616 129,732 128,396
Non-operating (Income) Expenses 35,263 38,090 89,805 75,532 149,852 144,627 128,461
Income before income tax expense 31,294 106,105 73,447 159,555 368,318 316,328 327,288
Income tax (benefit) expense (240) (12,380) 1,296 (10,292) (4,222) 10,697 9,230
Net income 31,534 118,485 72,151 169,847 372,540 305,631 318,058
Statements of Comprehensive Income              
Net income 31,534 118,485 72,151 169,847 372,540 305,631 318,058
Other comprehensive income (loss)              
Foreign currency translation adjustments 740 287 (858) 546 673 (1,290) 1,926
Comprehensive income $ 32,274 $ 118,772 $ 71,293 $ 170,393 $ 373,213 $ 304,341 $ 319,984