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Condensed Consolidated Balance Sheets (Subsidiary) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 55,726 $ 49,461
Receivables, net of allowance for doubtful accounts of $11,970 and $12,404 in 2025 and 2024, respectively 345,869 334,798
Other current assets 55,943 41,009
Total current assets 457,538 425,268
Property, plant and equipment 4,638,502 4,574,894
Less accumulated depreciation and amortization (3,031,863) (2,974,085)
Net property, plant and equipment 1,606,639 1,600,809
Operating lease right of use assets 1,446,449 1,355,231
Financing lease right of use assets 6,905 8,331
Goodwill 2,035,201 2,035,082
Intangible assets, net 1,064,977 1,062,601
Other assets 56,259 99,227
Total assets 6,673,968 6,586,549
Current liabilities:    
Trade accounts payable 27,534 21,586
Current maturities of long-term debt, net of deferred financing costs of $503 and $611 in 2025 and 2024, respectively 249,925 249,806
Current operating lease liabilities 202,466 218,108
Current financing lease liabilities 1,331 1,331
Accrued expenses 112,280 133,943
Deferred income 189,126 153,700
Total current liabilities 782,662 778,474
Long-term debt, net of deferred financing costs of $20,044 and $22,826 in 2025 and 2024, respectively 3,113,788 2,961,058
Operating lease liabilities 1,190,639 1,114,407
Financing lease liabilities 12,618 13,283
Deferred income tax liabilities 774 8,006
Asset retirement obligation 615,506 614,713
Other liabilities 51,098 48,588
Total liabilities 5,767,085 5,538,529
Stockholders’ equity:    
Additional paid-in-capital 2,197,618 2,159,292
Accumulated comprehensive loss (2,258) (2,954)
Accumulated deficit (1,059,786) (1,036,582)
Non-controlling interest 1,815 849
Stockholders’ equity 906,883 1,048,020
Total liabilities and stockholders’ equity 6,673,968 6,586,549
LAMAR MEDIA CORP. AND SUBSIDIARIES    
Current assets:    
Cash and cash equivalents 55,226 48,961
Receivables, net of allowance for doubtful accounts of $11,970 and $12,404 in 2025 and 2024, respectively 345,869 334,798
Other current assets 55,943 41,009
Total current assets 457,038 424,768
Property, plant and equipment 4,638,502 4,574,894
Less accumulated depreciation and amortization (3,031,863) (2,974,085)
Net property, plant and equipment 1,606,639 1,600,809
Operating lease right of use assets 1,446,449 1,355,231
Financing lease right of use assets 6,905 8,331
Goodwill 2,025,049 2,024,931
Intangible assets, net 1,064,509 1,062,133
Other assets 50,635 93,604
Total assets 6,657,224 6,569,807
Current liabilities:    
Trade accounts payable 27,534 21,586
Current maturities of long-term debt, net of deferred financing costs of $503 and $611 in 2025 and 2024, respectively 249,925 249,806
Current operating lease liabilities 202,466 218,108
Current financing lease liabilities 1,331 1,331
Accrued expenses 101,175 123,282
Deferred income 189,126 153,700
Total current liabilities 771,557 767,813
Long-term debt, net of deferred financing costs of $20,044 and $22,826 in 2025 and 2024, respectively 3,113,788 2,961,058
Operating lease liabilities 1,190,639 1,114,407
Financing lease liabilities 12,618 13,283
Deferred income tax liabilities 774 8,006
Asset retirement obligation 615,506 614,713
Other liabilities 51,098 48,588
Total liabilities 5,755,980 5,527,868
Stockholders’ equity:    
Common stock, par value $0.01, 3,000 shares authorized, 100 shares issued and outstanding at 2025 and 2024 0 0
Additional paid-in-capital 3,268,125 3,229,799
Accumulated comprehensive loss (2,258) (2,954)
Accumulated deficit (2,366,438) (2,185,755)
Non-controlling interest 1,815 849
Stockholders’ equity 901,244 1,041,939
Total liabilities and stockholders’ equity $ 6,657,224 $ 6,569,807