Lindsay Lohan's father Michael Lohan has welcomed his second child with wife Kate Major, Us Weekly can exclusively confirm -- find out his name! Credit: Diane Cohen/Fame Flynet

Welcome to the world, Logan Michael Lohan! Michael Lohan and his wife Kate Major have welcomed their second baby boy together, Us Weekly can exclusively confirm.

The new addition arrived at 11:16 a.m. on New Year's Eve, weighing in at 6 lbs., 14 oz. November 16 (11/16), coincidentally, is also Major's birthday.

"Kate and I are ecstatic. A bit late for Christmas but the best gift imaginable," Lohan, 54, tells Us in a statement. "What a way to bring in the new year! God has blessed me with the best children a father could ever ask for -- but I'm done!"

Lohan and 32-year-old Major tied the knot in Florida back in October. They welcomed their first child, son Landon, in January 2013. "It was a beautiful, small ceremony and reception afterward," a source told Us of the nuptials at the time. "Kate and Michael purposely wanted it private as they await the arrival of their second child together."

Lohan is already dad to famous actress Lindsay Lohan, 28, daughter Ali, 21, and sons Michael Jr., 27, and Cody, 18, with whom he shares with ex-wife Dina Lohan.