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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company.
 
                                
Value of Initial Fixed $100
Investment Based On:
                
Year
   
Summary
Compensation
Table Total
Compensation
for CEO
     
Compensation
Actually Paid
to CEO
(1)
     
Average
Summary
Compensation
Table Total
Compensation
for Other
NEOs
(2)
     
Average
Compensation
Actually Paid
to Other
NEOs
(3)
     
Company
Cumulative
TSR
(4)
     
Peer Group
Cumulative
TSR
(4)
     
Net

Income
($ millions)
     
Company-
Selected
Performance
Measure -
Adjusted
EBITDA
($ millions)
(5)
  
2023
    $ 6,281,977      $ 6,930,537      $ 3,117,588      $ 3,413,818      $ 144.58      $ 62.94      $ 496,836      $ 985,724  
2022
    $ 6,079,394      $ 5,835,634      $ 2,987,339      $ 2,865,459      $ 120.86      $ 68.45      $ 438,647      $ 938,079  
2021
    $ 5,934,758      $ 3,575,038      $ 3,014,134      $ 2,894,741      $ 146.81      $ 102.98      $ 388,090      $ 827,289  
2020
    $ 3,912,660      $ 4,845,020      $ 2,385,147      $ 2,220,007      $ 97.39      $ 72.97      $ 243,386      $ 671,536  
 
(1)
Represents the amount of “compensation actually paid” (“CAP”) to Mr. Sean E. Reilly, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Sean E. Reilly during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the following adjustments were made to Mr. Sean Reilly’s total compensation as reported in the Summary Compensation Table (“SCT”) for each year to determine the compensation actually paid:
 
Compensation Element
   
2020
     
2021
     
2022
     
2023
  
Total Comp as Reported in SCT
     $ 3,912,660       $ 5,934,758      $ 6,079,394       $ 6,281,977  
Pension/NQDC as Reported in SCT
      —         —         —         —   
Stock Awards as Reported in SCT
    ($ 2,885,960 )     ($ 4,035,240 )     ($ 3,893,560 )     ($ 4,482,280 ) 
Option Awards as Reported in SCT
      —         —         —         —   
Pension Value for Current Year
      —         —         —         —   
Adjusted Equity Values and Accrued Dividends(a)
     $ 3,818,320        $ 1,675,520       $ 3,649,800       $ 5,130,840  
Compensation Actually Paid (CAP)
   
 $
4,845,020
 
   
 $
3,575,038
 
   
 $
5,835,634
 
   
 $
6,930,537
 
(a) The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
   
Year End Fair Value of Equity
Awards
     
Year over Year Change in
Fair Value of Equity
Awards Granted in Prior
Years that Vested in the
Year
     
Total Equity Award
Adjustments
  
2020
    $ 3,661,680       $ 156,640      $ 3,818,320  
2021
    $ 5,337,200      ($ 3,661,680 )     $ 1,675,520  
2022
    $ 4,153,600      ($ 503,800 )     $ 3,649,800  
2023
    $ 4,676,320       $ 454,250      $ 5,130,840  
 
(2)
Represents the average of the amounts reported for the Company’s named executive officers, excluding Mr. Sean E. Reilly (“NEOs”), as a group in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Sean E. Reilly) included for purposes of calculating the average amounts in each applicable year are Mr. Kevin P. Reilly, Jr. and Mr. Jay L. Johnson.
(3)
Represents the amount of “compensation actually paid” (“CAP”) to the NEOs as a group, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the following adjustments were made to average total compensation for the NEOs as a group for each year to determine the compensation actually paid:
 
Compensation Element
   
2020
     
2021
     
2022
     
2023
  
Average Total Comp as Reported in SCT
    $ 2,385,147      $ 3,014,134      $ 2,987,339      $ 3,117,588  
Average Pension/NQDC as Reported in SCT
      —         —         —         —   
Average Stock Awards as Reported in SCT
    ($ 1,742,980 )     ($ 2,017,620 )     ($ 1,946,780 )     ($ 2,269,190 ) 
Average Option Awards as Reported in SCT
      —         —         —         —   
Average Pension Value for Current Year
      —         —         —         —   
Average Adjusted Equity Values and Accrued Dividends(a)
    $ 1,577,840      $ 1,898,227      $ 1,824,900      $ 2,565,420  
Compensation Actually Paid (CAP)
   
$
2,220,007
 
   
$
2,894,741
 
   
$
2,865,459
 
   
$
3,413,818
 
(a) The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
   
Average Year
End Fair
Value of
Equity Awards
     
Average Year
over Year
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year
    
Year over
Year Average
Change in
Fair Value of
Outstanding
and Unvested
Equity
Awards
    
Average Fair
Value as of
Vesting Date
of Equity
Awards
Granted and
Vested in the
Year
     
Average Value
of Dividends
Paid and not
Otherwise
Reflected in
Fair Value or
Total
Compensation
     
Total
Average
Equity
Award
Adjustments
  
2020
    $ 1,830,840      ($ 548,878 )    ($ 16,263 )    $ 300,023      $ 12,117      $ 1,577,840  
2021
    $ 2,668,600      ($ 777,104 )      —        —       $ 6,731      $ 1,898,227  
2022
    $ 2,076,800      ($ 251,900 )      —        —         —       $ 1,824,900  
2023
    $ 2,338,160      $ 227,260       —        —         —       $ 2,565,420  
 
(4)
Reflects the cumulative total stockholder return (“TSR”) of each of the Company and OUTFRONT Media Inc., as the Company’s peer, for the year ended December 31, 2020, the
two-years
ended December 31, 2021, the three years ended December 31, 2022, and the four years ended December 31, 2023, assuming a $100 investment at the closing price on December 31, 2019 and the reinvestment of all dividends.
(5)
Adjusted EBITDA is defined as net income before income tax expense (benefit), interest expense (income), equity in (earnings) loss of investee, loss (gain) on extinguishment of debt and investments, stock-based compensation, depreciation and amortization, loss (gain) on disposition of assets and investments, transaction expenses and capitalized contract fulfillment costs, net.
     
Company Selected Measure Name Adjusted EBITDA      
Named Executive Officers, Footnote Represents the average of the amounts reported for the Company’s named executive officers, excluding Mr. Sean E. Reilly (“NEOs”), as a group in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Sean E. Reilly) included for purposes of calculating the average amounts in each applicable year are Mr. Kevin P. Reilly, Jr. and Mr. Jay L. Johnson.      
Peer Group Issuers, Footnote Reflects the cumulative total stockholder return (“TSR”) of each of the Company and OUTFRONT Media Inc., as the Company’s peer, for the year ended December 31, 2020, the
two-years
ended December 31, 2021, the three years ended December 31, 2022, and the four years ended December 31, 2023, assuming a $100 investment at the closing price on December 31, 2019 and the reinvestment of all dividends. 		     
PEO Total Compensation Amount $ 6,281,977 $ 6,079,394 $ 5,934,758 $ 3,912,660
PEO Actually Paid Compensation Amount $ 6,930,537 5,835,634 3,575,038 4,845,020
Adjustment To PEO Compensation, Footnote
(1)
Represents the amount of “compensation actually paid” (“CAP”) to Mr. Sean E. Reilly, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Sean E. Reilly during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the following adjustments were made to Mr. Sean Reilly’s total compensation as reported in the Summary Compensation Table (“SCT”) for each year to determine the compensation actually paid:
 
Compensation Element
   
2020
     
2021
     
2022
     
2023
  
Total Comp as Reported in SCT
     $ 3,912,660       $ 5,934,758      $ 6,079,394       $ 6,281,977  
Pension/NQDC as Reported in SCT
      —         —         —         —   
Stock Awards as Reported in SCT
    ($ 2,885,960 )     ($ 4,035,240 )     ($ 3,893,560 )     ($ 4,482,280 ) 
Option Awards as Reported in SCT
      —         —         —         —   
Pension Value for Current Year
      —         —         —         —   
Adjusted Equity Values and Accrued Dividends(a)
     $ 3,818,320        $ 1,675,520       $ 3,649,800       $ 5,130,840  
Compensation Actually Paid (CAP)
   
 $
4,845,020
 
   
 $
3,575,038
 
   
 $
5,835,634
 
   
 $
6,930,537
 
(a) The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
   
Year End Fair Value of Equity
Awards
     
Year over Year Change in
Fair Value of Equity
Awards Granted in Prior
Years that Vested in the
Year
     
Total Equity Award
Adjustments
  
2020
    $ 3,661,680       $ 156,640      $ 3,818,320  
2021
    $ 5,337,200      ($ 3,661,680 )     $ 1,675,520  
2022
    $ 4,153,600      ($ 503,800 )     $ 3,649,800  
2023
    $ 4,676,320       $ 454,250      $ 5,130,840  
      
Non-PEO NEO Average Total Compensation Amount $ 3,117,588 2,987,339 3,014,134 2,385,147
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,413,818 2,865,459 2,894,741 2,220,007
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Represents the amount of “compensation actually paid” (“CAP”) to the NEOs as a group, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the following adjustments were made to average total compensation for the NEOs as a group for each year to determine the compensation actually paid:
 
Compensation Element
   
2020
     
2021
     
2022
     
2023
  
Average Total Comp as Reported in SCT
    $ 2,385,147      $ 3,014,134      $ 2,987,339      $ 3,117,588  
Average Pension/NQDC as Reported in SCT
      —         —         —         —   
Average Stock Awards as Reported in SCT
    ($ 1,742,980 )     ($ 2,017,620 )     ($ 1,946,780 )     ($ 2,269,190 ) 
Average Option Awards as Reported in SCT
      —         —         —         —   
Average Pension Value for Current Year
      —         —         —         —   
Average Adjusted Equity Values and Accrued Dividends(a)
    $ 1,577,840      $ 1,898,227      $ 1,824,900      $ 2,565,420  
Compensation Actually Paid (CAP)
   
$
2,220,007
 
   
$
2,894,741
 
   
$
2,865,459
 
   
$
3,413,818
 
(a) The amounts deducted or added in calculating the equity award adjustments are as follows:
 
Year
   
Average Year
End Fair
Value of
Equity Awards
     
Average Year
over Year
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year
    
Year over
Year Average
Change in
Fair Value of
Outstanding
and Unvested
Equity
Awards
    
Average Fair
Value as of
Vesting Date
of Equity
Awards
Granted and
Vested in the
Year
     
Average Value
of Dividends
Paid and not
Otherwise
Reflected in
Fair Value or
Total
Compensation
     
Total
Average
Equity
Award
Adjustments
  
2020
    $ 1,830,840      ($ 548,878 )    ($ 16,263 )    $ 300,023      $ 12,117      $ 1,577,840  
2021
    $ 2,668,600      ($ 777,104 )      —        —       $ 6,731      $ 1,898,227  
2022
    $ 2,076,800      ($ 251,900 )      —        —         —       $ 1,824,900  
2023
    $ 2,338,160      $ 227,260       —        —         —       $ 2,565,420  
      
Compensation Actually Paid vs. Total Shareholder Return
The following charts reflect how the CAP over the four-year period ended December 31, 2023 aligns to trends in the Company’s TSR, net income and adjusted EBITDA results over the same period. In addition, the chart titled “CAP vs. TSR” reflects that the Company’s TSR over this four-year period tracks the same general trend as the peer group TSR over the same period.
 
LOGO
     
Compensation Actually Paid vs. Net Income
LOGO
     
Compensation Actually Paid vs. Company Selected Measure
LOGO
     
Total Shareholder Return Vs Peer Group
The following charts reflect how the CAP over the four-year period ended December 31, 2023 aligns to trends in the Company’s TSR, net income and adjusted EBITDA results over the same period. In addition, the chart titled “CAP vs. TSR” reflects that the Company’s TSR over this four-year period tracks the same general trend as the peer group TSR over the same period.
 
LOGO
     
Tabular List, Table
The following table identifies the only two financial performance measures used by our Compensation Committee to link the CAP paid to our CEO and other NEOs in 2023.
 
Financial Performance Measures
Adjusted EBITDA
Net Revenue
      
Total Shareholder Return Amount $ 144.58 120.86 146.81 97.39
Peer Group Total Shareholder Return Amount 62.94 68.45 102.98 72.97
Net Income (Loss) $ 496,836,000,000 $ 438,647,000,000 $ 388,090,000,000 $ 243,386,000,000
Company Selected Measure Amount 985,724,000,000 938,079,000,000 827,289,000,000 671,536,000,000
PEO Name Mr. Sean E. Reilly      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Measure:: 2        
Pay vs Performance Disclosure        
Name Net Revenue      
PEO | Stock Awards as Reported in SCT [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (4,482,280) $ (3,893,560) $ (4,035,240) $ (2,885,960)
PEO | Adjusted Equity Values and Accrued Dividends [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,130,840 3,649,800 1,675,520 3,818,320
PEO | Year End Fair Value of Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,676,320 4,153,600 5,337,200 3,661,680
PEO | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 454,250 (503,800) (3,661,680) 156,640
PEO | Total Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,130,840 3,649,800 1,675,520 3,818,320
Non-PEO NEO | Stock Awards as Reported in SCT [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,269,190) (1,946,780) (2,017,620) (1,742,980)
Non-PEO NEO | Adjusted Equity Values and Accrued Dividends [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,565,420 1,824,900 1,898,227 1,577,840
Non-PEO NEO | Year End Fair Value of Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,338,160 2,076,800 2,668,600 1,830,840
Non-PEO NEO | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 227,260 (251,900) (777,104) (548,878)
Non-PEO NEO | Change in Fair Value of Outstanding and Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (16,263)
Non-PEO NEO | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       300,023
Non-PEO NEO | Value of Dividends Paid and not Otherwise Reflected in Fair Value or Total Compensation [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     6,731 12,117
Non-PEO NEO | Total Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 2,565,420 $ 1,824,900 $ 1,898,227 $ 1,577,840