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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 121,569 $ 26,188
Receivables, net of allowance for doubtful accounts 240,854 254,930
Other current assets 18,147 29,051
Total current assets 380,570 310,169
Property, plant and equipment 3,615,505 3,660,311
Less accumulated depreciation and amortization (2,333,656) (2,311,196)
Net property, plant and equipment 1,281,849 1,349,115
Operating lease right of use assets 1,222,013 1,320,779
Financing lease right of use assets 19,670  
Goodwill 1,912,328 1,912,274
Intangible assets, net 914,446 992,244
Other assets 60,565 56,574
Total assets 5,791,441 5,941,155
Current liabilities:    
Trade accounts payable 12,017 14,974
Current maturities of long-term debt, net of deferred financing costs 122,434 226,514
Current operating lease liabilities 195,439 196,841
Current financing lease liabilities 1,331  
Accrued expenses 105,288 107,225
Deferred income 111,363 127,254
Total current liabilities 547,872 672,808
Long-term debt, net of deferred financing costs 2,764,082 2,753,604
Operating lease liabilities 993,776 1,068,181
Financing lease liabilities 18,608  
Deferred income tax liabilities 4,854 5,713
Asset retirement obligation 222,876 226,137
Other liabilities 36,605 34,406
Total liabilities 4,588,673 4,760,849
Stockholders’ equity:    
Additional paid-in-capital 1,963,850 1,922,222
Accumulated comprehensive income 934 685
Accumulated deficit (717,331) (708,408)
Cost of shares held in treasury, 619,681 and 503,198 shares in 2020 and 2019, respectively (44,786) (34,294)
Stockholders’ equity 1,202,768 1,180,306
Total liabilities and stockholders’ equity 5,791,441 5,941,155
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Current assets:    
Cash and cash equivalents 121,069 25,688
Receivables, net of allowance for doubtful accounts 240,854 254,930
Other current assets 18,147 29,051
Total current assets 380,070 309,669
Property, plant and equipment 3,615,505 3,660,311
Less accumulated depreciation and amortization (2,333,656) (2,311,196)
Net property, plant and equipment 1,281,849 1,349,115
Operating lease right of use assets 1,222,013 1,320,779
Financing lease right of use assets 19,670  
Goodwill 1,902,177 1,902,123
Intangible assets, net 913,978 991,776
Other assets 54,950 50,959
Total assets 5,774,707 5,924,421
Current liabilities:    
Trade accounts payable 12,017 14,974
Current maturities of long-term debt, net of deferred financing costs 122,434 226,514
Current operating lease liabilities 195,439 196,841
Current financing lease liabilities 1,331  
Accrued expenses 98,478 101,266
Deferred income 111,363 127,254
Total current liabilities 541,062 666,849
Long-term debt, net of deferred financing costs 2,764,082 2,753,604
Operating lease liabilities 993,776 1,068,181
Financing lease liabilities 18,608  
Deferred income tax liabilities 4,854 5,713
Asset retirement obligation 222,876 226,137
Other liabilities 36,605 34,406
Total liabilities 4,581,863 4,754,890
Stockholders’ equity:    
Additional paid-in-capital 3,034,357 2,992,729
Accumulated comprehensive income 934 685
Accumulated deficit (1,842,447) (1,823,883)
Stockholders’ equity 1,192,844 1,169,531
Total liabilities and stockholders’ equity 5,774,707 5,924,421
Series AA Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Common Class A [Member]    
Stockholders’ equity:    
Common stock, value 87 87
Common Class B [Member]    
Stockholders’ equity:    
Common stock, value $ 14 $ 14