Lamar Advertising Company

(NASDAQ:LAMR)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	312,516	323,819	282,776	304,892
Operating Revenue	312,516	323,819	282,776	304,892
Adjustments To Revenue	—	—	—	—
Cost Of Sales	112,441	108,864	103,542	101,477
Cost Of Sales With Depreciation	113,677	110,105	104,787	102,724
Gross Operating Profit	200,075	214,955	179,234	203,415
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	65,703	69,875	65,184	66,258
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	134,372	145,080	114,050	137,157
Operating Income	53,518	66,605	36,055	51,259
Depreciation	81,722	80,544	78,938	87,306
Depreciation Unreconciled	80,486	79,303	77,693	86,059
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	52,650	64,536	35,112	49,851
Non Operating Expenses
Interest Expense	39,620	39,165	40,768	44,773
Pre Tax Income	14,496	27,671	-2,731	8,038
Income Taxes	10,746	13,327	-1,197	3,565
Minority Interest	—	—	—	—
Income Before Income Taxes	14,496	27,671	-2,731	8,038
Net Income From Continuing Operations	3,750	14,344	-1,534	4,473
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	3,750	14,344	-1,534	4,473
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	3,750	14,344	-1,534	4,473
Normalized Income	3,750	14,344	-1,534	4,473
NetIncome Available For Common	3,659	14,253	-1,625	4,381
Preferred Dividends	91	91	91	92
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	1,209,555	1,120,091	1,021,656	883,510
Operating Revenue	1,209,555	1,120,091	1,021,656	883,510
Adjustments To Revenue	—	—	—	—
Cost Of Sales	403,810	385,768	350,681	296,827
Cost Of Sales With Depreciation	408,397	390,561	353,139	302,157
Gross Operating Profit	805,745	734,323	670,975	586,683
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	270,390	248,937	212,727	188,320
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	535,355	485,386	458,248	398,363
Operating Income	227,803	189,770	166,820	100,044
Depreciation	311,466	306,478	292,547	299,386
Depreciation Unreconciled	306,879	301,685	290,089	294,056
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	223,889	178,908	165,701	98,977
Non Operating Expenses
Interest Expense	162,447	112,955	90,671	76,079
Pre Tax Income	83,402	78,126	73,678	24,460
Income Taxes	37,185	34,227	31,899	11,305
Minority Interest	—	—	—	—
Income Before Income Taxes	83,402	78,126	73,678	24,460
Net Income From Continuing Operations	46,217	43,899	41,779	13,155
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	46,217	43,899	41,779	13,155
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	46,217	43,899	41,779	13,155
Normalized Income	46,217	43,899	41,779	13,155
NetIncome Available For Common	45,852	43,534	41,414	12,790
Preferred Dividends	365	365	365	365
Excise Taxes	—	—	—	—