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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (Subsidiary) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statements of Income        
Net revenues $ 585,541 $ 564,135 $ 1,670,282 $ 1,627,536
Operating expenses (income)        
Direct advertising expenses (exclusive of depreciation and amortization) 187,716 182,585 554,489 541,495
General and administrative expenses (exclusive of depreciation and amortization) 93,000 91,006 277,307 268,508
Corporate expenses (exclusive of depreciation and amortization) 31,620 31,350 94,397 100,105
Depreciation and amortization 86,276 75,112 242,207 227,531
Gain on disposition of assets and investments (2,155) (2,474) (76,116) (5,486)
Costs and expenses, total 396,457 377,579 1,092,284 1,132,153
Operating income 189,084 186,556 577,998 495,383
Other (income) expense        
Loss on extinguishment of debt 2,012 270 2,012 270
Interest income (758) (662) (1,847) (1,701)
Interest expense 41,189 42,937 120,221 131,761
Equity in earnings of investee 0 (2,642) (206) (2,087)
Total other (income) expense 42,443 39,903 120,180 128,243
Income before income tax expense (benefit) 146,641 146,653 457,818 367,140
Income tax expense (benefit) 2,566 (1,169) 19,498 3,225
Net income 144,075 147,822 438,320 363,915
Net income attributable to non-controlling interest 2,322 346 3,457 849
Net income attributable to controlling interest 141,753 147,476 434,863 363,066
Statements of Comprehensive Income        
Net income 144,075 147,822 438,320 363,915
Other comprehensive (loss) income        
Foreign currency translation adjustments (672) 37 24 (786)
Comprehensive income 143,403 147,859 438,344 363,129
Net income attributable to non-controlling interest 2,322 346 3,457 849
Comprehensive income attributable to controlling interest 141,081 147,513 434,887 362,280
LAMAR MEDIA CORP. AND SUBSIDIARIES        
Statements of Income        
Net revenues 585,541 564,135 1,670,282 1,627,536
Operating expenses (income)        
Direct advertising expenses (exclusive of depreciation and amortization) 187,716 182,585 554,489 541,495
General and administrative expenses (exclusive of depreciation and amortization) 93,000 91,006 277,307 268,508
Corporate expenses (exclusive of depreciation and amortization) 31,495 31,239 94,013 99,675
Depreciation and amortization 86,276 75,112 242,207 227,531
Gain on disposition of assets and investments (2,155) (2,474) (76,116) (5,486)
Costs and expenses, total 396,332 377,468 1,091,900 1,131,723
Operating income 189,209 186,667 578,382 495,813
Other (income) expense        
Loss on extinguishment of debt 2,012 270 2,012 270
Interest income (758) (662) (1,847) (1,701)
Interest expense 41,189 42,937 120,221 131,761
Equity in earnings of investee 0 (2,642) (206) (2,087)
Total other (income) expense 42,443 39,903 120,180 128,243
Income before income tax expense (benefit) 146,766 146,764 458,202 367,570
Income tax expense (benefit) 2,566 (1,169) 19,498 3,225
Net income 144,200 147,933 438,704 364,345
Net income attributable to non-controlling interest 2,322 346 3,457 849
Net income attributable to controlling interest 141,878 147,587 435,247 363,496
Statements of Comprehensive Income        
Net income 144,200 147,933 438,704 364,345
Other comprehensive (loss) income        
Foreign currency translation adjustments (672) 37 24 (786)
Comprehensive income 143,528 147,970 438,728 363,559
Net income attributable to non-controlling interest 2,322 346 3,457 849
Comprehensive income attributable to controlling interest $ 141,206 $ 147,624 $ 435,271 $ 362,710