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Summarized Financial Information of Subsidiaries (Tables) - LAMAR MEDIA CORP. AND SUBSIDIARIES
9 Months Ended
Sep. 30, 2024
Condensed Income Statements, Captions [Line Items]  
Condensed Consolidating Balance Sheet
LAMAR MEDIA CORP.
AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements
(Unaudited)
(In Thousands, Except for Share Data)
Summarized Balance Sheet as of September 30, 2024
Lamar
Media Corp.
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
EliminationsLamar Media
Consolidated
Current assets$19,443 $37,482 $354,895 $— $411,820 
Noncurrent assets4,544,652 6,334,441 300,552 (5,088,141)6,091,504 
Current liabilities73,169 383,052 272,074 — 728,295 
Noncurrent liabilities3,284,935 1,510,404 404,352 (631,298)4,568,393 
Non-controlling interest— 1,999 (1,354)— 645 

Summarized Balance Sheet as of December 31, 2023
Lamar Media
Corp.
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
EliminationsLamar Media
Consolidated
Current assets$33,875 $28,905 $309,906 $— $372,686 
Noncurrent assets4,596,516 6,359,236 318,095 (5,099,653)6,174,194 
Current liabilities45,225 387,408 271,533 — 704,166 
Noncurrent liabilities3,375,803 1,476,097 368,208 (587,171)4,632,937 
Non-controlling interest— 964 (550)— 414 
Condensed Consolidating Statements of Income and Comprehensive Income
Summarized Statements of Income and Comprehensive Income
for the Nine Months Ended September 30, 2024
Lamar Media
Corp.
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
EliminationsLamar Media
Consolidated
Net revenues$— $1,592,981 $36,253 $(1,698)$1,627,536 
Operating expenses (income)— 1,096,444 36,977 (1,698)1,131,723 
Operating income (loss)— 496,537 (724)— 495,813 
Net income (loss)363,496 491,782 (7,381)(483,552)364,345 
Net income (loss) attributable to controlling interest363,496 491,201 (7,649)(483,552)363,496 
LAMAR MEDIA CORP.
AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements
(Unaudited)
(In Thousands, Except for Share Data)
Summarized Statements of Income and Comprehensive Income
for the Nine Months Ended September 30, 2023
Lamar Media
Corp.
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
EliminationsLamar Media
Consolidated
Net revenues$— $1,525,275 $31,810 $(2,007)$1,555,078 
Operating expenses (income)— 1,039,312 33,666 (2,007)1,070,971 
Operating income (loss)— 485,963 (1,856)— 484,107 
Net income (loss)347,060 480,045 (12,851)(466,361)347,893 
Net income (loss) attributable to controlling interest347,060 479,788 (13,427)(466,361)347,060 
Summarized Statements of Income and Comprehensive Income
for the Three Months Ended September 30, 2024
Lamar Media Corp.Guarantor SubsidiariesNon-Guarantor SubsidiariesEliminationsLamar Media Consolidated
Net revenues$— $552,011 $12,864 $(740)$564,135 
Operating expenses (income)— 365,892 12,316 (740)377,468 
Operating income (loss)— 186,119 548 — 186,667 
Net income (loss)147,587 185,249 1,751 (186,654)147,933 
Net income (loss) attributable to controlling interest147,587 185,000 1,654 (186,654)147,587 

Summarized Statements of Income and Comprehensive Income
for the Three Months Ended September 30, 2023
Lamar Media Corp.Guarantor SubsidiariesNon-Guarantor SubsidiariesEliminationsLamar Media Consolidated
Net revenues$— $532,112 $11,228 $(731)$542,609 
Operating expenses (income)— 344,071 10,999 (731)354,339 
Operating income (loss)— 188,041 229 — 188,270 
Net income (loss)140,154 185,369 (3,724)(181,237)140,562 
Net income (loss) attributable to controlling interest140,154 185,247 (4,010)(181,237)140,154