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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Data (Unaudited) | (22) Quarterly Financial Data (Unaudited) The tables below represent the balances for the selected quarterly financial data of the Company for each reporting period in the years ended December 31, 2020 and 2019.
|  | Year 2020 Quarters |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net revenues |  | $ | 406,569 |  |  | $ | 347,652 |  |  | $ | 386,110 |  |  | $ | 428,525 |
Net revenues less direct advertising expenses |  | $ | 257,075 |  |  | $ | 213,593 |  |  | $ | 249,801 |  |  | $ | 290,726 |
Net income applicable to common stock |  | $ | 40,402 |  |  | $ | 31,338 |  |  | $ | 62,667 |  |  | $ | 108,614 |
Net income per common share basic |  | $ | 0.40 |  |  | $ | 0.31 |  |  | $ | 0.62 |  |  | $ | 1.08 |
Net income per common share diluted |  | $ | 0.40 |  |  | $ | 0.31 |  |  | $ | 0.62 |  |  | $ | 1.08 |
|  | Year 2019 Quarters |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net revenues |  | $ | 384,457 |  |  | $ | 448,742 |  |  | $ | 457,786 |  |  | $ | 462,659 |
Net revenues less direct advertising expenses |  | $ | 243,987 |  |  | $ | 302,352 |  |  | $ | 308,940 |  |  | $ | 308,287 |
Net income applicable to common stock |  | $ | 51,162 |  |  | $ | 118,305 |  |  | $ | 99,618 |  |  | $ | 102,661 |
Net income per common share basic |  | $ | 0.51 |  |  | $ | 1.18 |  |  | $ | 0.99 |  |  | $ | 1.02 |
Net income per common share diluted |  | $ | 0.51 |  |  | $ | 1.18 |  |  | $ | 0.99 |  |  | $ | 1.02 |
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member] |
Quarterly Financial Data (Unaudited) | (7) Quarterly Financial Data (Unaudited) The tables below represent the balances for the selected quarterly financial data of the Company for each reporting period in the years ended December 31, 2020 and 2019.
|  | Year 2020 Quarters |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net revenues |  | $ | 406,569 |  |  | $ | 347,652 |  |  | $ | 386,110 |  |  | $ | 428,525 |
Net revenues less direct advertising expenses |  | $ | 257,075 |  |  | $ | 213,593 |  |  | $ | 249,801 |  |  | $ | 290,726 |
Net income |  | $ | 40,617 |  |  | $ | 31,534 |  |  | $ | 62,895 |  |  | $ | 108,827 |
|  | Year 2019 Quarters |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net revenues |  | $ | 384,457 |  |  | $ | 448,742 |  |  | $ | 457,786 |  |  | $ | 462,659 |
Net revenues less direct advertising expenses |  | $ | 243,987 |  |  | $ | 302,352 |  |  | $ | 308,940 |  |  | $ | 308,287 |
Net income |  | $ | 51,362 |  |  | $ | 118,485 |  |  | $ | 99,832 |  |  | $ | 102,861 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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