Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

The tables below represent the “as adjusted” balances for the selected quarterly financial data of the Company for each reporting period in the years ended December 31, 2013 and 2012. See Note (1)(c) Adjustment to Previously Reported Amounts for further information.


	Year 2013 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	276,605		$	327,744	$	321,141	$	320,352
Net revenues less direct advertising expenses	$	170,086		$	217,021	$	211,501	$	210,390
Net (loss) income applicable to common stock	$	(10,354	)	$	23,031	$	17,003	$	10,094
Net (loss) income per common share basic	$	(0.11	)	$	0.24	$	0.18	$	0.11
Net (loss) income per common share — diluted	$	(0.11	)	$	0.24	$	0.18	$	0.11


	Year 2012 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	262,465		$	301,106	$	309,526	$	306,639
Net revenues less direct advertising expenses	$	159,042		$	196,035	$	205,681	$	200,440
Net (loss) income applicable to common stock	$	(25,209	)	$	11,534	$	13,381	$	7,819
Net (loss) income per common share basic	$	(0.27	)	$	0.13	$	0.14	$	0.08
Net (loss) income per common share — diluted	$	(0.27	)	$	0.13	$	0.14	$	0.08

The tables below represent the “as previously reported” balances for the selected quarterly financial data of the Company for the quarters ended March 31, June 30 and September 30, 2013 and all reporting periods in the year ended December 31, 2012.


	Year 2013 Quarters
	March 31			June 30		September 30
Net revenues	$	283,479		$	324,684	$	323,184
Net revenues less direct advertising expenses	$	176,960		$	213,961	$	213,544
Net (loss) income applicable to common stock	$	(6,161	)	$	21,164	$	18,249
Net (loss) income per common share basic	$	(0.07	)	$	0.22	$	0.09
Net (loss) income per common share — diluted	$	(0.07	)	$	0.22	$	0.09


	Year 2012 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	266,238		$	304,872	$	306,286	$	305,505
Net revenues less direct advertising expenses	$	162,815		$	199,801	$	202,441	$	199,306
Net (loss) income applicable to common stock	$	(22,907	)	$	13,831	$	11,405	$	7,127
Net (loss) income per common share basic	$	(0.25	)	$	0.15	$	0.12	$	0.08
Net (loss) income per common share — diluted	$	(0.25	)	$	0.15	$	0.12	$	0.08

LAMAR MEDIA CORP [Member]

Summary of Quarterly Financial Data


	Year 2013 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	276,605		$	327,744	$	321,141	$	320,352
Net revenues less direct advertising expenses	$	170,086		$	217,021	$	211,501	$	210,390
Net (loss) income	$	(10,212	)	$	23,178	$	17,144	$	10,228


	Year 2012 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	262,465		$	301,106	$	309,526	$	306,639
Net revenues less direct advertising expenses	$	159,042		$	196,035	$	205,681	$	200,440
Net (loss) income	$	(25,127	)	$	11,695	$	13,561	$	7,986


	Year 2013 Quarters
	March 31			June 30		September 30
Net revenues	$	283,479		$	324,684	$	323,184
Net revenues less direct advertising expenses	$	176,960		$	213,961	$	213,544
Net (loss) income	$	(6,019	)	$	21,311	$	18,390


	Year 2012 Quarters
	March 31			June 30		September 30		December 31
Net revenues	$	266,238		$	304,872	$	306,286	$	305,505
Net revenues less direct advertising expenses	$	162,815		$	199,801	$	202,441	$	199,306
Net (loss) income	$	(22,825	)	$	13,992	$	11,585	$	7,294