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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2020
2020 Acquisitions [Member] |
Summary of Allocation of Purchase Price/Acquisition Costs | The following is a summary of the allocation of the purchase price in the above transactions.
|  | Total |
Property, plant and equipment |  | $ | 13,376 |
Site locations |  |  | 27,902 |
Non-competition agreements |  |  | 140 |
Customer lists and contracts |  |  | 3,979 |
Asset acquisition costs |  |  | 154 |
Current assets |  |  | 3 |
Current liabilities |  |  | (295 | )
Operating right of use assets |  |  | 7,269 |
Operating lease liabilities |  |  | (6,368 | )
|  | $ | 46,160 |
2019 Acquisitions [Member] |
Summary of Allocation of Purchase Price/Acquisition Costs |
|  | Total |
Property, plant and equipment |  | $ | 37,988 |
Site locations |  |  | 131,208 |
Non-competition agreements |  |  | 240 |
Customer lists and contracts |  |  | 23,032 |
Asset acquisition costs |  |  | 756 |
Other intangibles |  |  | 3,115 |
Goodwill |  |  | 29,360 |
Current assets |  |  | 1,860 |
Current liabilities |  |  | (832 | )
Operating right of use assets |  |  | 23,934 |
Operating lease liabilities |  |  | (21,573 | )
Other liabilities |  |  | (1,500 | )
|  | $ | 227,588 |
2019 Acquisitions Excluding Fairway Assets [Member] |
Summary of Unaudited Pro Forma Financial Information | The following unaudited pro forma financial information for the Company gives effect to the 2019 and 2018 acquisitions as if they had occurred on January 1, 2018. These pro forma results do not purport to be indicative of the results of operations which actually would have resulted had the acquisitions occurred on such date or to project the Company’s results of operations for any future period.
|  | 2019 |  |  | 2018 |
|  | (unaudited) |
Net revenues |  | $ | 1,764,493 |  |  | $ | 1,724,821 |
Net income applicable to common stock |  | $ | 369,300 |  |  | $ | 292,012 |
Net income per common share — basic |  | $ | 3.69 |  |  | $ | 2.96 |
Net income per common share — diluted |  | $ | 3.68 |  |  | $ | 2.95 |

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