$LAMR
LAMAR ADVERTISING CO/NEW

2015 Q4 Form 8-K Financial Statement

#000119312516644647 Filed on July 11, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014 Q3
Revenue $356.0M $336.7M $335.0M
YoY Change 5.72% 5.09% 4.31%
Cost Of Revenue $122.9M $115.1M $112.4M
YoY Change 6.78% 4.64% 2.55%
Gross Profit $233.1M $221.6M $222.6M
YoY Change 5.19% 5.32% 5.25%
Gross Profit Margin 65.48% 65.82% 66.45%
Selling, General & Admin $82.80M $79.10M $70.60M
YoY Change 4.68% 27.38% 4.28%
% of Gross Profit 35.52% 35.69% 31.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.00M $55.10M $62.70M
YoY Change -14.7% -32.06% -14.34%
% of Gross Profit 20.16% 24.86% 28.17%
Operating Expenses $129.8M $134.3M $137.4M
YoY Change -3.35% -9.44% -5.31%
Operating Profit $103.3M $87.30M $86.02M
YoY Change 18.33% 40.58% 27.96%
Interest Expense -$24.50M -$24.50M $24.42M
YoY Change 0.0% -27.94% -35.19%
% of Operating Profit -23.72% -28.06% 28.39%
Other Income/Expense, Net -$24.41M
YoY Change -35.15%
Pretax Income $80.30M $64.00M $61.62M
YoY Change 25.47% 312.9% 108.21%
Income Tax $3.800M -$143.9M $26.57M
% Of Pretax Income 4.73% -224.84% 43.12%
Net Earnings $76.50M $207.9M $35.05M
YoY Change -63.2% 1938.24% 105.04%
Net Earnings / Revenue 21.49% 61.75% 10.46%
Basic Earnings Per Share $0.80 $2.18 $0.37
Diluted Earnings Per Share $0.80 $2.18 $0.37
COMMON SHARES
Basic Shares Outstanding 95.33M shares
Diluted Shares Outstanding 95.75M shares

Balance Sheet

Concept 2015 Q4 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.30M $26.00M $28.00M
YoY Change -14.23% -21.69% -84.67%
Cash & Equivalents $22.33M $26.04M $27.96M
Short-Term Investments
Other Short-Term Assets $39.22M $34.06M $34.62M
YoY Change 15.15% -1.79% 21.93%
Inventory
Prepaid Expenses $44.44M $42.71M $60.96M
Receivables $174.4M $169.6M $180.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $281.7M $273.1M $314.9M
YoY Change 3.14% -3.16% -31.8%
LONG-TERM ASSETS
Property, Plant & Equipment $1.095B $1.084B $1.095B
YoY Change 1.06% -3.41% -4.17%
Goodwill $1.547B $1.513B $1.512B
YoY Change 2.24% 0.61% 0.65%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $37.40M $37.06M $37.42M
YoY Change 0.9% -16.54% -14.26%
Total Long-Term Assets $3.082B $3.046B $3.055B
YoY Change 1.19% -2.37% -3.44%
TOTAL ASSETS
Total Short-Term Assets $281.7M $273.1M $314.9M
Total Long-Term Assets $3.082B $3.046B $3.055B
Total Assets $3.364B $3.319B $3.370B
YoY Change 1.35% -2.43% -7.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.45M $16.37M $17.98M
YoY Change 6.62% 22.69% 11.61%
Accrued Expenses $115.2M $108.8M $93.89M
YoY Change 5.9% 9.97% -25.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $16.51M $15.63M $15.60M
YoY Change 5.66% -72.07% -96.04%
Total Short-Term Liabilities $236.8M $225.3M $224.8M
YoY Change 5.1% -8.16% -62.45%
LONG-TERM LIABILITIES
Long-Term Debt $1.875B $1.884B $1.925B
YoY Change -0.5% 0.07% 10.09%
Other Long-Term Liabilities $22.63M $23.41M $22.92M
YoY Change -3.36% 14.38% 13.97%
Total Long-Term Liabilities $1.898B $1.908B $1.948B
YoY Change -0.53% 0.23% 10.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $236.8M $225.3M $224.8M
Total Long-Term Liabilities $1.898B $1.908B $1.948B
Total Liabilities $2.343B $2.337B $2.523B
YoY Change 0.23% -5.32% -6.29%
SHAREHOLDERS EQUITY
Retained Earnings -$635.8M -$632.9M -$760.4M
YoY Change 0.46% -2.27% 18.65%
Common Stock $1.664B $1.612B
YoY Change 3.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.099M $896.8M
YoY Change 0.33%
Treasury Stock Shares $104.8K 0.000 shares 17.27M shares
Shareholders Equity $1.021B $981.5M $847.2M
YoY Change
Total Liabilities & Shareholders Equity $3.364B $3.319B $3.370B
YoY Change 1.35% -2.43% -7.05%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $76.50M $207.9M $35.05M
YoY Change -63.2% 1938.24% 105.04%
Depreciation, Depletion And Amortization $47.00M $55.10M $62.70M
YoY Change -14.7% -32.06% -14.34%
Cash From Operating Activities $164.2M $149.3M $129.8M
YoY Change 9.98% 49.3% -9.04%
INVESTING ACTIVITIES
Capital Expenditures -$29.60M -$23.70M -$29.60M
YoY Change 24.89% -15.36% 18.4%
Acquisitions
YoY Change
Other Investing Activities -$28.50M -$9.300M -$44.00M
YoY Change 206.45% 36.76% -11.82%
Cash From Investing Activities -$58.20M -$33.10M -$73.60M
YoY Change 75.83% -5.16% -1.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -112.1M -117.5M -62.10M
YoY Change -4.6% -45.07% 1280.0%
NET CHANGE
Cash From Operating Activities 164.2M 149.3M 129.8M
Cash From Investing Activities -58.20M -33.10M -73.60M
Cash From Financing Activities -112.1M -117.5M -62.10M
Net Change In Cash -6.100M -1.300M -5.900M
YoY Change 369.23% -99.13% -109.29%
FREE CASH FLOW
Cash From Operating Activities $164.2M $149.3M $129.8M
Capital Expenditures -$29.60M -$23.70M -$29.60M
Free Cash Flow $193.8M $173.0M $159.4M
YoY Change 12.02% 35.16% -4.95%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
861625000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58911000
CY2013Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
200831000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
932946000
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1799325000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33212000
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2772308000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2774591 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.76
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1611775000
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3618000
CY2014Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
204327000
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13852000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
981466000
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1884270000
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1903434000
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
23414000
CY2014Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
12853000
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1741556000
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
0
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
1899895000
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
4321000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2454000
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
29281000
CY2014Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
9000
CY2014Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
354000
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
11881000
CY2014Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
65000
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17555000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
79000
CY2014Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
14764000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
15625000
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
84558000
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
16368000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7957000
CY2014Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
0
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
108790000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-632859000
CY2014Q4 us-gaap Liabilities
Liabilities
2337352000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3318818000
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4321000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2026745000
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
225341000
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9000
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37060000
CY2014Q4 us-gaap Assets
Assets
3318818000
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
169610000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1083640000
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
17546000
CY2014Q4 us-gaap Due From Employees
DueFromEmployees
246000
CY2014Q4 us-gaap Assets Current
AssetsCurrent
273144000
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
34057000
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
13225000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
255000
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2108541000
CY2014Q4 us-gaap Goodwill Gross
GoodwillGross
1766304000
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
0
CY2014Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
32725000
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
366985000
CY2014Q4 us-gaap Goodwill
Goodwill
1512768000
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
42713000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26035000
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
12496000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3110385000
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2837442000
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
729000
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
209000
CY2014Q4 lamr Share Based Compensation Arrangement By Share Based Payment Award Accrued Liabilities
ShareBasedCompensationArrangementByShareBasedPaymentAwardAccruedLiabilities
13283000
CY2014Q4 lamr Goodwill Accumulated Amortization
GoodwillAccumulatedAmortization
253536000
CY2014Q4 lamr Accrued Lease Expenses
AccruedLeaseExpenses
35903000
CY2014Q4 lamr Balance Of Permitted Transfers To Parent Company
BalanceOfPermittedTransfersToParentCompany
2269393000
CY2014Q4 lamr Deferred Tax Assets Current Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsCurrentTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
4703000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1926055 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
104836 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.49
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2439489 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1146455 shares
CY2015Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
44 State
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
33.59
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
135811000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
21332000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
172305000
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
700000
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1664038000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
39375000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8117000
CY2015Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
291085000
CY2015Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
206234000
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14943000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1021059000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
94172000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1898152000
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1910860000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
45000000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22628000
CY2015Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
13951000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1805813000
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
0
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
268750000
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
1919484000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1545027000
CY2015Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
19455000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
21332000
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
87661000
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
17452000
CY2015Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
25831000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8984000
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
0
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
115208000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-635799000
CY2015Q4 us-gaap Liabilities
Liabilities
2370719000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3391778000
CY2015Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1919484000
CY2015Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1970253000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6303000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
107791000
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1919484000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2044102000
CY2015Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
6624000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
693441000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
241653000
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13827000
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
6303000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1178000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
29268000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
120334000
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2052000
CY2015Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
6000
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
30258000
CY2015Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
4822000
CY2015Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
246000
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
12762000
CY2015Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1080000
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
19430000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
97000
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37395000
CY2015Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9253000
CY2015Q4 us-gaap Assets
Assets
3391778000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
49874000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
54622000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
174398000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1095137000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
60078000
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
5603000
CY2015Q4 lamr Number Of Advertising Displays
NumberOfAdvertisingDisplays
144000 Billboard
CY2015Q4 us-gaap Due From Employees
DueFromEmployees
0
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
159417000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
34520000
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6099000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
281732000
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
39218000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
722000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2208699000
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
1800130000
CY2015Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4011000
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
0
CY2015Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
28034000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
402886000
CY2015Q4 us-gaap Goodwill
Goodwill
1546594000
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
44437000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22327000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
44375000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3139239000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
43325000
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2856243000
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1352000
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
155000
CY2015Q4 lamr Preferred Stock Liquidation Value
PreferredStockLiquidationValue
3649000
CY2015Q4 lamr Share Based Compensation Arrangement By Share Based Payment Award Accrued Liabilities
ShareBasedCompensationArrangementByShareBasedPaymentAwardAccruedLiabilities
15301000
CY2015Q4 lamr Number Of Transit Advertising Displays
NumberOfTransitAdvertisingDisplays
42000 Transit
CY2015Q4 lamr Number Of States In Which Entity Operates With Logo Sign Business
NumberOfStatesInWhichEntityOperatesWithLogoSignBusiness
23 State
CY2015Q4 lamr Minimum Holding Debt Ratio For Applicability Of Restriction On Transfer
MinimumHoldingDebtRatioForApplicabilityOfRestrictionOnTransfer
6.0 pure
CY2015Q4 lamr Goodwill Accumulated Amortization
GoodwillAccumulatedAmortization
253536000
CY2015Q4 lamr Maximum Actual Holdings Debt Ratio
MaximumActualHoldingsDebtRatio
6.0 pure
CY2015Q4 lamr Accrued Lease Expenses
AccruedLeaseExpenses
33628000
CY2015Q4 lamr Balance Of Permitted Transfers To Parent Company
BalanceOfPermittedTransfersToParentCompany
2487196000
CY2015Q4 lamr Deferred Tax Liabilities Unrecognized Undistributed Foreign Earnings
DeferredTaxLiabilitiesUnrecognizedUndistributedForeignEarnings
9041000
CY2015Q4 lamr Number Of States In Which Entity Operates With Transit Advertising Business
NumberOfStatesInWhichEntityOperatesWithTransitAdvertisingBusiness
18 State
CY2015Q4 lamr Deferred Tax Assets Current Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsCurrentTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
4362000
CY2014Q2 lamr Line Of Credit Facility Amended And Restated Date
LineOfCreditFacilityAmendedAndRestatedDate
2014-04-18
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
394705000
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
97430 shares
CY2013 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
358285 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.01 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.51 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94745515 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94387230 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
682263 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
105650000
CY2013 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
360383000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
40139000
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16993000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39774000
CY2013 us-gaap Interest Paid
InterestPaid
140048000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18179000
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4200000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
92248000
CY2013 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3900000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
223437000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4970000
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3804000
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
4096000
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-160457000
CY2013 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
365000
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-788000
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
33051000
CY2013 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
840000
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-14345000
CY2013 us-gaap Advertising Revenue
AdvertisingRevenue
1245842000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
38028000
CY2013 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
89000
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
6663000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
62980000
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2111000
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
165000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
62506000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
474000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22841000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
24936000
CY2013 us-gaap Dividends Preferred Stock
DividendsPreferredStock
365000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21681000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1165000
CY2013 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2565000
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1553000
CY2013 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
2774000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1351000
CY2013 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
57212000
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
222638000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-25699000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4097000
CY2013 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
300579000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1097000
CY2013 us-gaap Interest Expense
InterestExpense
146277000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-191869000
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
1022405000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-227195000
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-541000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18749000
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20893000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6869000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6371000
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3635000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1609000
CY2013 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-89000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
65000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
231574000
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
14667000
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1340000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
930000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4092000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
22043000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
106533000
CY2013 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
4200000
CY2013 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
184000000
CY2013 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
22611000
CY2013 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-2544000
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6034000
CY2013 us-gaap Advertising Revenue Cost
AdvertisingRevenueCost
436844000
CY2013 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
1214000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3585000
CY2013 lamr Preferred Stock Dividend Shares
PreferredStockDividendShares
63.80
CY2013 lamr Non Cash Acquisition Of Outdoor Advertising Assets
NonCashAcquisitionOfOutdoorAdvertisingAssets
4982000
CY2013 lamr Advertising Barter Transaction Net Revenue
AdvertisingBarterTransactionNetRevenue
7862000
CY2013 lamr Advertising Barter Transaction Direct Advertising Expenses
AdvertisingBarterTransactionDirectAdvertisingExpenses
3005000
CY2013 lamr Advertising Barter Transaction General And Administrative Expenses
AdvertisingBarterTransactionGeneralAndAdministrativeExpenses
4417000
CY2013 lamr Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2013 lamr Non Cash Financing Transaction
NonCashFinancingTransaction
0
CY2013 lamr Payments Of Revolving Credit Facility
PaymentsOfRevolvingCreditFacility
34000000
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.66
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
452529000
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
54295 shares
CY2014 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
17270930 shares
CY2014 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
66043 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.01 pure
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-26023000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
252105000
CY2014 us-gaap Advertising Revenue
AdvertisingRevenue
1287060000
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.48 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.02 pure
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.50
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95284126 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95218083 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
522032 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.66
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
107573000
CY2014 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
415752000
CY2014 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1094000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
253518000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16247000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
253153000
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
37005000
CY2014 us-gaap Interest Paid
InterestPaid
94646000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17600000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2987000
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
65021000
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4368000
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
278670000
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-662000
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3192000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
12754000
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-135244000
CY2014 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
238800000
CY2014 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-524000
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11750000
CY2014 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
-4462000
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
17441000
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
13553000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
143426000
CY2014 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1238000
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1413000
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
102000
CY2014 us-gaap Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
62937000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
144298000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-872000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-110092000
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8273000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
24120000
CY2014 us-gaap Dividends Preferred Stock
DividendsPreferredStock
365000
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
135679000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-119014000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2909000
CY2014 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
91000
CY2014 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-120081000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
692000
CY2014 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-277000
CY2014 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
5262000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2061000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-44891000
CY2014 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
69078000
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
227879000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7177000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-214000
CY2014 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
258435000
CY2014 us-gaap Interest Expense
InterestExpense
105254000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-163997000
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
1008390000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-294315000
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1545000
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
510000000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-122137000
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20615000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4135000
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3987000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2632000
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1076000
CY2014 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
300000000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-33000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
230800000
CY2014 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4777000
CY2014 us-gaap Impairment Of Investments
ImpairmentOfInvestments
4069000
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
30994000
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1394000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8721000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12045000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
50199000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
96139000
CY2014 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3004000
CY2014 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
2987000
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
12961000
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
325000000
CY2014 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-110293000
CY2014 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
478000
CY2014 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
25870000
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
238435000
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
4701000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5947000
CY2014 us-gaap Advertising Revenue Cost
AdvertisingRevenueCost
453269000
CY2014 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
13000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1017000
CY2014 lamr Real Estate Foreign Exchange
RealEstateForeignExchange
1246000
CY2014 lamr Preferred Stock Dividend Shares
PreferredStockDividendShares
63.80
CY2014 lamr Income Taxes Receivable Payable
IncomeTaxesReceivablePayable
308000
CY2014 lamr Repayment On Senior Secured Credit Facility
RepaymentOnSeniorSecuredCreditFacility
352106000
CY2014 lamr Non Cash Acquisition Of Outdoor Advertising Assets
NonCashAcquisitionOfOutdoorAdvertisingAssets
1900000
CY2014 lamr Advertising Barter Transaction Net Revenue
AdvertisingBarterTransactionNetRevenue
7839000
CY2014 lamr Advertising Barter Transaction Direct Advertising Expenses
AdvertisingBarterTransactionDirectAdvertisingExpenses
2928000
CY2014 lamr Advertising Barter Transaction General And Administrative Expenses
AdvertisingBarterTransactionGeneralAndAdministrativeExpenses
4675000
CY2014 lamr Real Estate Accumulated Depreciation Foreign Exchange
RealEstateAccumulatedDepreciationForeignExchange
576000
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.02 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
8600 shares
CY2015 dei Document Type
DocumentType
8-K
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0001090425
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M19D
CY2014 lamr Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014 lamr Payments Of Revolving Credit Facility
PaymentsOfRevolvingCreditFacility
410000000
CY2014 lamr Real Estate Capital Expenditure On Advertisement Displays
RealEstateCapitalExpenditureOnAdvertisementDisplays
53832000
CY2014 lamr Real Estate Acquisitions Advertising Displays
RealEstateAcquisitionsAdvertisingDisplays
6021000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
477650000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
104836 shares
CY2015 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
53552 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M22D
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
48.93
CY2015 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>(g) Deferred Income</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Deferred income consists principally of advertising revenue invoiced in advance. Deferred advertising revenue is recognized in income over the term of the contract.</p> </div>
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
Vesting terms ranging from three to five years which primarily includes 1) options that vest in one-fifth increments beginning on the grant date and continuing on each of the first four anniversaries of the grant date and 2) options that cliff-vest on the fifth anniversary of the grant date.
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.52
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.45 pure
CY2015 us-gaap Common Stock Voting Rights
CommonStockVotingRights
Holders of Class B common stock have ten votes per share on all matters in which the holders of common stock are entitled to vote and holders of Class A common stock have one vote per share on such matters.
CY2015 us-gaap Deferred Compensation Arrangement With Individual Requisite Service Period1
DeferredCompensationArrangementWithIndividualRequisiteServicePeriod1
P10Y
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.05 pure
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.75
CY2015 dei Entity Registrant Name
EntityRegistrantName
LAMAR ADVERTISING CO/NEW
CY2015 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 Reporting_Unit
CY2015 us-gaap Sec Schedule Iii Real Estate Number Of Units
SECScheduleIIIRealEstateNumberOfUnits
319977 Displays
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96375130 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>(p) Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
881936 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
26.50
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96321578 shares
CY2015 us-gaap Preferred Stock Voting Rights
PreferredStockVotingRights
Series AA preferred stock is entitled to one vote per share.
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 dei Trading Symbol
TradingSymbol
LAMR
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.72
CY2015 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y1M10D
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
42000 shares
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
110425000
CY2015 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1130000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
262570000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23372000
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
262205000
CY2015 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
101912000
CY2015 us-gaap Interest Paid
InterestPaid
93765000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23883000
CY2015 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnNetIncome
11089000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6099000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
153877000
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
5027000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
383027000
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4475000
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
8765000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
10786000
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-98399000
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
265510000
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
575000
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15468000
CY2015 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
7000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-224808000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-2760000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11099000
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
28399000
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10429000
CY2015 us-gaap Advertising Revenue
AdvertisingRevenue
1353396000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
258938000
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
9034000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
284628000
CY2015 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1680000
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3632000
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
34000
CY2015 us-gaap Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
83750000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
282774000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1854000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22058000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
25890000
CY2015 us-gaap Dividends Preferred Stock
DividendsPreferredStock
365000
CY2015 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-449000
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
100005000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-930000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-246000
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
90000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1527000
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1500000
CY2015 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
4845000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2117000
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-92073000
CY2015 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
71759000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
240518000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3708000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
12275000
CY2015 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
191433000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13818000
CY2015 us-gaap Interest Expense
InterestExpense
98433000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-253880000
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
970369000
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3335000
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4558000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1746000
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-458000
CY2015 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
502000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
66000
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
242182000
CY2015 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4682000
CY2015 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
91218000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2670000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7686000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
10959000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
99620000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
28549000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
66490000
CY2015 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
4618000
CY2015 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
6099000
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
14412000
CY2015 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
317000000
CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
6756000
CY2015 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
13802000
CY2015 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
34336000
CY2015 us-gaap Dividends Common Stock
DividendsCommonStock
265145000
CY2015 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
13851000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6506000
CY2015 us-gaap Advertising Revenue Cost
AdvertisingRevenueCost
473760000
CY2015 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
18000
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
34275000
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1180000
CY2015 lamr Period Of Cliff Vesting For Option Valuation
PeriodOfCliffVestingForOptionValuation
P5Y
CY2015 lamr Employees Eligibility
EmployeesEligibility
Completed one year of service and are at least 21 years of age
CY2015 lamr Period Of Graded Vesting For Option Valuation
PeriodOfGradedVestingForOptionValuation
P4Y
CY2015 lamr Employers Contribution And Compensation
EmployersContributionAndCompensation
Match 50% of employees' contributions up to 5% of eligible compensation
CY2015 lamr Real Estate And Accumulated Depreciation Date Of Construction One
RealEstateAndAccumulatedDepreciationDateOfConstructionOne
Various
CY2015 lamr Description Of Position On Senior Credit Facility Transfers To Parent Company Not Subject To Additional Restrictions
DescriptionOfPositionOnSeniorCreditFacilityTransfersToParentCompanyNotSubjectToAdditionalRestrictions
The total debt ratio was less than 6.0 to 1 and Lamar Media's senior debt ratio was less than 3.5 to 1; therefore, dividends or distributions to Lamar Advertising were not subject to any additional restrictions under the senior credit facility.
CY2015 lamr Deferred Compensation Arrangement With Individual Employees Contribution Maximum
DeferredCompensationArrangementWithIndividualEmployeesContributionMaximum
8000
CY2015 lamr Preferred Stock Dividend Shares
PreferredStockDividendShares
63.80
CY2015 lamr Income Taxes Receivable Payable
IncomeTaxesReceivablePayable
524000
CY2015 lamr Non Cash Acquisition Of Outdoor Advertising Assets
NonCashAcquisitionOfOutdoorAdvertisingAssets
6036000
CY2015 lamr Advertising Barter Transaction Net Revenue
AdvertisingBarterTransactionNetRevenue
7956000
CY2015 lamr Minimum Age Required To Participate In Company Sponsored Savings And Profit Sharing Plan
MinimumAgeRequiredToParticipateInCompanySponsoredSavingsAndProfitSharingPlan
P21Y
CY2015 lamr Advertising Barter Transaction Direct Advertising Expenses
AdvertisingBarterTransactionDirectAdvertisingExpenses
3137000
CY2015 lamr Investment Maturity Period
InvestmentMaturityPeriod
Three months or less
CY2015 lamr Advertising Barter Transaction General And Administrative Expenses
AdvertisingBarterTransactionGeneralAndAdministrativeExpenses
4407000
CY2015 lamr Percentage Net Income Available For Dividend Distribution
PercentageNetIncomeAvailableForDividendDistribution
0.90 pure
CY2015 lamr Employers Contribution As Percentage Of Employees Compensation
EmployersContributionAsPercentageOfEmployeesCompensation
0.05 pure
CY2015 lamr Minimum Age For Entitlement To Benefit Of Deferred Compensation Plan
MinimumAgeForEntitlementToBenefitOfDeferredCompensationPlan
P30Y
CY2015 lamr Real Estate Accumulated Depreciation Foreign Exchange
RealEstateAccumulatedDepreciationForeignExchange
1361000
CY2015 lamr Vesting Period On Entity Matched Contribution
VestingPeriodOnEntityMatchedContribution
P3Y
CY2015 lamr Description Of Provisions On Senior Credit Facility Transfers To Parent Company Subject To Additional Restrictions
DescriptionOfProvisionsOnSeniorCreditFacilityTransfersToParentCompanySubjectToAdditionalRestrictions
(i) the total debt ratio is equal to or greater than 6.0 to 1 or (ii) the senior debt ratio is equal to or greater than 3.5 to 1.
CY2015 lamr Real Estate Foreign Exchange
RealEstateForeignExchange
2538000
CY2015 lamr Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2015 lamr Number Of Single Asset Contribution On Gross Carrying Amount
NumberOfSingleAssetContributionOnGrossCarryingAmount
0 Assets
CY2015 lamr Percentage Of Employees Contribution Limit
PercentageOfEmployeesContributionLimit
1.00 pure
CY2015 lamr Employers Contribution As Percentage Of Employees Contribution
EmployersContributionAsPercentageOfEmployeesContribution
0.50 pure
CY2015 lamr Real Estate And Accumulated Depreciation Date Acquired One
RealEstateAndAccumulatedDepreciationDateAcquiredOne
Various
CY2015 lamr Non Cash Financing Transaction
NonCashFinancingTransaction
0
CY2015 lamr Minimum Term Of Service Required To Participate In Company Sponsored Saving And Profit Sharing Plan
MinimumTermOfServiceRequiredToParticipateInCompanySponsoredSavingAndProfitSharingPlan
P1Y
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59269000
CY2015Q2 us-gaap Advertising Revenue
AdvertisingRevenue
344249000
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4928000
CY2014Q1 us-gaap Advertising Revenue
AdvertisingRevenue
284933000
CY2014Q1 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
173425000
CY2015 lamr Deferred Tax Assets Valuation Expected Rate
DeferredTaxAssetsValuationExpectedRate
0.00 pure
CY2015 lamr Percentage Of Asset Contribution On Gross Carrying Amount
PercentageOfAssetContributionOnGrossCarryingAmount
0.05 pure
CY2015 lamr Deferred Compensation Arrangement With Individual Employees Contribution Minimum
DeferredCompensationArrangementWithIndividualEmployeesContributionMinimum
3000
CY2015 lamr Payments Of Revolving Credit Facility
PaymentsOfRevolvingCreditFacility
282000000
CY2015 lamr Real Estate Capital Expenditure On Advertisement Displays
RealEstateCapitalExpenditureOnAdvertisementDisplays
46871000
CY2015 lamr Real Estate Acquisitions Advertising Displays
RealEstateAcquisitionsAdvertisingDisplays
13781000
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40625000
CY2015Q1 us-gaap Advertising Revenue
AdvertisingRevenue
302477000
CY2015Q1 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
189245000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2015Q2 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
228298000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15331000
CY2014Q2 us-gaap Advertising Revenue
AdvertisingRevenue
330433000
CY2014Q2 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
216156000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34959000
CY2014Q3 us-gaap Advertising Revenue
AdvertisingRevenue
334998000
CY2014Q3 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
222610000
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85874000
CY2015Q3 us-gaap Advertising Revenue
AdvertisingRevenue
350701000
CY2015Q3 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
229025000
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.18
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.18
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
207791000
CY2014Q4 us-gaap Advertising Revenue
AdvertisingRevenue
336696000
CY2014Q4 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
221600000
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
76437000
CY2015Q4 us-gaap Advertising Revenue
AdvertisingRevenue
355969000
CY2015Q4 lamr Advertising Revenue Net Of Direct Expenses
AdvertisingRevenueNetOfDirectExpenses
233068000

Files In Submission

Name View Source Status
0001193125-16-644647-index-headers.html Edgar Link pending
0001193125-16-644647-index.html Edgar Link pending
0001193125-16-644647.txt Edgar Link pending
0001193125-16-644647-xbrl.zip Edgar Link pending
d395608d8k.htm Edgar Link pending
d395608dex231.htm Edgar Link pending
d395608dex991.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lamr-20151231.xml Edgar Link completed
lamr-20151231.xsd Edgar Link pending
lamr-20151231_cal.xml Edgar Link unprocessable
lamr-20151231_def.xml Edgar Link unprocessable
lamr-20151231_lab.xml Edgar Link unprocessable
lamr-20151231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending