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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,628 $ 26,188
Receivables, net of allowance for doubtful accounts 225,748 254,930
Other current assets 25,407 29,051
Total current assets 319,783 310,169
Property, plant and equipment 3,633,109 3,660,311
Less accumulated depreciation and amortization (2,338,726) (2,311,196)
Net property, plant and equipment 1,294,383 1,349,115
Operating lease right of use assets 1,265,081 1,320,779
Goodwill 1,912,210 1,912,274
Intangible assets, net 929,683 992,244
Other assets 57,263 56,574
Total assets 5,778,403 5,941,155
Current liabilities:    
Trade accounts payable 10,818 14,974
Current maturities of long-term debt, net of deferred financing costs 131,068 226,514
Current operating lease liabilities 176,148 196,841
Accrued expenses 76,687 107,225
Deferred income 117,183 127,254
Total current liabilities 511,904 672,808
Long-term debt, net of deferred financing costs 2,833,120 2,753,604
Operating lease liabilities 1,032,535 1,068,181
Deferred income tax liabilities 3,829 5,713
Asset retirement obligation 223,939 226,137
Other liabilities 34,023 34,406
Total liabilities 4,639,350 4,760,849
Stockholders’ equity:    
Additional paid-in capital 1,958,713 1,922,222
Accumulated comprehensive income 157 685
Accumulated deficit (775,500) (708,408)
Cost of shares held in treasury, 614,914 and 503,198 shares at 2020 and 2019, respectively (44,418) (34,294)
Stockholders’ equity 1,139,053 1,180,306
Total liabilities and stockholders’ equity 5,778,403 5,941,155
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Current assets:    
Cash and cash equivalents 68,128 25,688
Receivables, net of allowance for doubtful accounts 225,748 254,930
Other current assets 25,407 29,051
Total current assets 319,283 309,669
Property, plant and equipment 3,633,109 3,660,311
Less accumulated depreciation and amortization (2,338,726) (2,311,196)
Net property, plant and equipment 1,294,383 1,349,115
Operating lease right of use assets 1,265,081 1,320,779
Goodwill 1,902,059 1,902,123
Intangible assets, net 929,215 991,776
Other assets 51,647 50,959
Total assets 5,761,668 5,924,421
Current liabilities:    
Trade accounts payable 10,818 14,974
Current maturities of long-term debt, net of deferred financing costs 131,068 226,514
Current operating lease liabilities 176,148 196,841
Accrued expenses 70,088 101,266
Deferred income 117,183 127,254
Total current liabilities 505,305 666,849
Long-term debt, net of deferred financing costs 2,833,120 2,753,604
Operating lease liabilities 1,032,535 1,068,181
Deferred income tax liabilities 3,829 5,713
Asset retirement obligation 223,939 226,137
Other liabilities 34,023 34,406
Total liabilities 4,632,751 4,754,890
Stockholders’ equity:    
Additional paid-in capital 3,029,221 2,992,729
Accumulated comprehensive income 157 685
Accumulated deficit (1,900,461) (1,823,883)
Stockholders’ equity 1,128,917 1,169,531
Total liabilities and stockholders’ equity 5,761,668 5,924,421
Series AA Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Common Class B [Member]    
Stockholders’ equity:    
Common stock, value 14 14
Common Class A [Member]    
Stockholders’ equity:    
Common stock, value $ 87 $ 87