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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:          
Net income $ 38,329 $ 40,493 $ 243,386 $ 372,111 $ 305,232
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 60,749 62,313 251,296 250,028 225,261
Stock-based compensation 3,675 3,437 18,772 29,647 29,443
Amortization included in interest expense 1,371 1,378 5,909 5,365 4,920
Gain on disposition of assets (415) (2,504) (9,026) (7,241) 7,233
Loss on extinguishment of debt 21,604 18,179 25,235   15,429
Deferred income tax (benefit) expense (1,020) (419) (797) (14,130) 1,538
Provision for doubtful accounts (371) 3,206 12,729 10,608 7,985
Decrease (increase) in:          
Receivables 22,691 (290) 1,287 (28,357) (33,292)
Prepaid expenses (1,408) 815 591 275 (5,433)
Other assets (5,438) (9,600) 7,629 (11,257) 2,828
(Decrease) increase in:          
Trade accounts payable (1,147) 91 841 700 1,366
Accrued expenses (22,182) (20,982) 10,052 (1,597) (6,292)
Operating lease liabilities (34,250) (28,324) 24,549 9,102  
Other liabilities 1,130 (4,861) (22,580) 15,611 8,628
Net cash provided by operating activities 83,318 62,932 569,873 630,865 564,846
Cash flows from investing activities:          
Acquisitions (3,333) (13,565) (45,584) (226,278) (477,389)
Capital expenditures (16,332) (25,709) (62,272) (140,956) (117,638)
Proceeds from disposition of assets and investments 1,842 3,686 10,968 5,438 6,648
(Increase) decrease in notes receivable       (448) 9
Proceeds received from property insurance claims       210 4,222
Net cash used in investing activities (17,823) (35,588) (96,888) (362,034) (584,148)
Cash flows from financing activities:          
Cash used for purchase of treasury stock (5,717) (10,068) (10,492) (8,882) (4,112)
Redemption of senior notes and senior subordinated notes     (1,058,596)   (509,790)
Net proceeds from issuance of common stock 7,396 3,212 11,148 44,262 62,662
Principal payments on long-term debt (96) (89) (9,112) (34,471) (27,328)
Principal payments on financing leases (483) 0      
Borrowings on long term debt     8,750    
Payments on revolving credit facility   (180,000) (875,000) (625,000) (481,000)
Proceeds received from revolving credit facility 25,000 655,000 725,000 495,000 563,000
Redemption of senior notes (668,688) (519,139)      
Proceeds received from note offering 550,000 1,000,000 1,549,250 255,000  
Proceeds received from accounts receivable securitization program 32,500   122,500 9,000 175,000
Payments on accounts receivable securitization program   (978,097) (175,000) (9,000)  
Proceeds received from senior credit facility term loans   598,500 598,500   599,250
Payments on senior credit facility term loans     (978,097)    
Debt issuance costs (8,067) (24,042) (32,950) (4,463) (7,616)
Distributions to non-controlling interest (24) (860) (1,509) (621) (541)
Dividends/distributions (75,909) (100,778) (252,309) (385,182) (443,088)
Net cash (used in) provided by financing activities (144,088) 443,639 (377,917) (264,357) (73,563)
Effect of exchange rate changes in cash and cash equivalents 70 (532) 313 220 (1,112)
Net (decrease) increase in cash and cash equivalents (78,523) 470,451 95,381 4,694 (93,977)
Cash and cash equivalents at beginning of period 121,569 26,188 26,188 21,494 115,471
Cash and cash equivalents at end of period 43,046 496,639 121,569 26,188 21,494
Supplemental disclosures of cash flow information:          
Cash paid for interest 43,343 42,982 130,864 139,585 136,711
Cash paid for foreign, state and federal income taxes 1,429 1,878 4,033 14,449 8,563
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]          
Cash flows from operating activities:          
Net income 38,466 40,617 243,873 372,540 305,631
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 60,749 62,313 251,296 250,028 225,261
Stock-based compensation 3,675 3,437 18,772 29,647 29,443
Amortization included in interest expense 1,371 1,378 5,909 5,365 4,920
Gain on disposition of assets (415) (2,504) (9,026) (7,241) 7,233
Loss on extinguishment of debt 21,604 18,179 25,235   15,429
Deferred income tax (benefit) expense (1,020) (419) (797) (14,130) 1,538
Provision for doubtful accounts (371) 3,206 12,729 10,608 7,985
Decrease (increase) in:          
Receivables 22,691 (290) 1,287 (28,357) (33,292)
Prepaid expenses (1,408) 815 591 275 (5,433)
Other assets (5,438) (9,600) 7,629 (11,257) 3,270
(Decrease) increase in:          
Trade accounts payable (1,147) 91 841 700 1,366
Accrued expenses (22,182) (20,982) 10,052 (1,597) (6,292)
Operating lease liabilities (34,250) (28,324) 24,549 9,102  
Other liabilities (13,533) (31,293) (53,911) (10,743) (19,974)
Net cash provided by operating activities 68,792 36,624 539,029 604,940 537,085
Cash flows from investing activities:          
Acquisitions (3,333) (13,565) (45,584) (226,278) (477,389)
Capital expenditures (16,332) (25,709) (62,272) (140,956) (117,638)
Proceeds from disposition of assets and investments 1,842 3,686 10,968 5,438 6,648
(Increase) decrease in notes receivable       (448) 9
Proceeds received from property insurance claims       210 4,222
Net cash used in investing activities (17,823) (35,588) (96,888) (362,034) (584,148)
Cash flows from financing activities:          
Principal payments on long-term debt (96) (89) (9,112) (34,471) (27,328)
Principal payments on financing leases (483)        
Borrowings on long term debt     8,750    
Payments on revolving credit facility     (875,000) (625,000) (481,000)
Proceeds received from revolving credit facility 25,000 655,000 725,000 495,000 563,000
Redemption of senior notes (668,688) (519,139) (1,058,596)   (509,790)
Proceeds received from note offering 550,000 1,000,000 1,549,250 255,000  
Proceeds received from accounts receivable securitization program 32,500   122,500 9,000 175,000
Payments on accounts receivable securitization program   (180,000) (175,000) (9,000)  
Proceeds received from senior credit facility term loans   598,500 598,500   599,250
Payments on senior credit facility term loans   (978,097) (978,097)    
Debt issuance costs (8,067) (24,042) (32,950) (4,463) (7,616)
Distributions to non-controlling interest (24) (860) (1,509) (621) (541)
Dividends to parent (81,535) (110,755) (262,437) (393,700) (446,744)
Contributions from parent 21,831 29,429 41,628 69,822 89,967
Net cash (used in) provided by financing activities (129,562) 469,947 (347,073) (238,433) (45,802)
Effect of exchange rate changes in cash and cash equivalents 70 (532) 313 221 (1,112)
Net (decrease) increase in cash and cash equivalents (78,523) 470,451 95,381 4,694 (93,977)
Cash and cash equivalents at beginning of period 121,069 25,688 25,688 20,994 114,971
Cash and cash equivalents at end of period 42,546 496,139 121,069 25,688 20,994
Supplemental disclosures of cash flow information:          
Cash paid for interest 43,343 42,982 130,864 139,585 136,711
Cash paid for foreign, state and federal income taxes $ 1,429 $ 1,878 $ 4,033 $ 14,449 $ 8,563