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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 243,386 $ 372,111 $ 305,232
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 251,296 250,028 225,261
Stock-based compensation 18,772 29,647 29,443
Amortization included in interest expense 5,909 5,365 4,920
(Gain) loss on disposition of assets (9,026) (7,241) 7,233
Loss on extinguishment of debt 25,235   15,429
Deferred income tax (benefit) expense (797) (14,130) 1,538
Provision for doubtful accounts 12,729 10,608 7,985
Decrease (increase) in:      
Receivables 1,287 (28,357) (33,292)
Prepaid expenses 591 275 (5,433)
Other assets 7,629 (11,257) 2,828
Increase (decrease) in:      
Trade accounts payable 841 700 1,366
Accrued expenses 10,052 (1,597) (6,292)
Operating lease liabilities 24,549 9,102  
Other liabilities (22,580) 15,611 8,628
Cash flows provided by operating activities 569,873 630,865 564,846
Cash flows from investing activities:      
Capital expenditures (62,272) (140,956) (117,638)
Acquisitions (45,584) (226,278) (477,389)
(Increase) decrease in notes receivable   (448) 9
Proceeds received from property insurance claims   210 4,222
Proceeds from disposition of assets and investments 10,968 5,438 6,648
Cash flows used in investing activities (96,888) (362,034) (584,148)
Cash flows from financing activities:      
Net proceeds from issuance of common stock 11,148 44,262 62,662
Cash used for purchase of treasury shares (10,492) (8,882) (4,112)
Proceeds received from revolving credit facility 725,000 495,000 563,000
Payments on revolving credit facility (875,000) (625,000) (481,000)
Principal payments on long term debt (9,112) (34,471) (27,328)
Borrowings on long term debt 8,750    
Proceeds received from senior credit facility term loans 598,500   599,250
Payments on senior credit facility term loans (978,097)    
Proceeds received from accounts receivable securitization program 122,500 9,000 175,000
Payments on accounts receivable securitization program (175,000) (9,000)  
Debt issuance costs (32,950) (4,463) (7,616)
Proceeds received from note offering 1,549,250 255,000  
Redemption of senior notes and senior subordinated notes (1,058,596)   (509,790)
Distributions to non-controlling interest (1,509) (621) (541)
Dividends/distributions (252,309) (385,182) (443,088)
Cash flows used in financing activities (377,917) (264,357) (73,563)
Effect of exchange rate changes in cash and cash equivalents 313 220 (1,112)
Net increase (decrease) in cash and cash equivalents 95,381 4,694 (93,977)
Cash and cash equivalents at beginning of period 26,188 21,494 115,471
Cash and cash equivalents at end of period 121,569 26,188 21,494
Supplemental disclosures of cash flow information:      
Cash paid for interest 130,864 139,585 136,711
Cash paid for state and federal income taxes 4,033 14,449 8,563
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]      
Cash flows from operating activities:      
Net income 243,873 372,540 305,631
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 251,296 250,028 225,261
Stock-based compensation 18,772 29,647 29,443
Amortization included in interest expense 5,909 5,365 4,920
(Gain) loss on disposition of assets (9,026) (7,241) 7,233
Loss on extinguishment of debt 25,235   15,429
Deferred income tax (benefit) expense (797) (14,130) 1,538
Provision for doubtful accounts 12,729 10,608 7,985
Decrease (increase) in:      
Receivables 1,287 (28,357) (33,292)
Prepaid expenses 591 275 (5,433)
Other assets 7,629 (11,257) 3,270
Increase (decrease) in:      
Trade accounts payable 841 700 1,366
Accrued expenses 10,052 (1,597) (6,292)
Operating lease liabilities 24,549 9,102  
Other liabilities (53,911) (10,743) (19,974)
Cash flows provided by operating activities 539,029 604,940 537,085
Cash flows from investing activities:      
Capital expenditures (62,272) (140,956) (117,638)
Acquisitions (45,584) (226,278) (477,389)
(Increase) decrease in notes receivable   (448) 9
Proceeds received from property insurance claims   210 4,222
Proceeds from disposition of assets and investments 10,968 5,438 6,648
Cash flows used in investing activities (96,888) (362,034) (584,148)
Cash flows from financing activities:      
Proceeds received from revolving credit facility 725,000 495,000 563,000
Payments on revolving credit facility (875,000) (625,000) (481,000)
Principal payments on long term debt (9,112) (34,471) (27,328)
Borrowings on long term debt 8,750    
Proceeds received from senior credit facility term loans 598,500   599,250
Payments on senior credit facility term loans (978,097)    
Proceeds received from accounts receivable securitization program 122,500 9,000 175,000
Payments on accounts receivable securitization program (175,000) (9,000)  
Debt issuance costs (32,950) (4,463) (7,616)
Proceeds received from note offering 1,549,250 255,000  
Redemption of senior notes and senior subordinated notes (1,058,596)   (509,790)
Distributions to non-controlling interest (1,509) (621) (541)
Dividends to parent (262,437) (393,700) (446,744)
Contributions from parent 41,628 69,822 89,967
Cash flows used in financing activities (347,073) (238,433) (45,802)
Effect of exchange rate changes in cash and cash equivalents 313 221 (1,112)
Net increase (decrease) in cash and cash equivalents 95,381 4,694 (93,977)
Cash and cash equivalents at beginning of period 25,688 20,994 114,971
Cash and cash equivalents at end of period 121,069 25,688 20,994
Supplemental disclosures of cash flow information:      
Cash paid for interest 130,864 139,585 136,711
Cash paid for state and federal income taxes $ 4,033 $ 14,449 $ 8,563