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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Treasury stock
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2022   153,286,000          
Beginning balance at Dec. 31, 2022 $ 295,373 $ 1,533 $ 1,409,578 $ (101,231) $ (999,401) $ (14,737) $ (369)
Beginning balance (in shares) at Dec. 31, 2022           7,063,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett (2,430)       (2,333)   (97)
Restricted share grants (in shares)   4,682,000          
Restricted share grants 0 $ 47 (47)        
Other comprehensive (loss) income, net [1] 27,537     27,537      
Share-based compensation expense 8,783   8,783        
Issuance of common stock (in shares)   468,000          
Issuance of common stock 50 $ 4 46        
Treasury stock (in shares)           1,124,000  
Treasury stock (2,622)         $ (2,622)  
Restricted share forfeiture (in shares)           1,124,000  
Restricted share forfeiture (11)         $ (11)  
Other activity 217   217        
Ending balance (in shares) at Jun. 30, 2023   158,436,000          
Ending balance at Jun. 30, 2023 326,897 $ 1,584 1,418,577 (73,694) (1,001,734) $ (17,370) (466)
Ending balance (in shares) at Jun. 30, 2023           9,311,000  
Beginning balance (in shares) at Mar. 31, 2023   157,981,000          
Beginning balance at Mar. 31, 2023 320,643 $ 1,580 1,413,397 (87,941) (989,057) $ (16,883) (453)
Beginning balance (in shares) at Mar. 31, 2023           8,760,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett (12,690)       (12,677)   (13)
Other comprehensive (loss) income, net [2] 14,247     14,247      
Share-based compensation expense 5,047   5,047        
Issuance of common stock (in shares)   455,000          
Issuance of common stock 25 $ 4 21        
Treasury stock (in shares)           167,000  
Treasury stock (483)         $ (483)  
Restricted share forfeiture (in shares)           384,000  
Restricted share forfeiture (4)         $ (4)  
Other activity 112   112        
Ending balance (in shares) at Jun. 30, 2023   158,436,000          
Ending balance at Jun. 30, 2023 $ 326,897 $ 1,584 1,418,577 (73,694) (1,001,734) $ (17,370) (466)
Ending balance (in shares) at Jun. 30, 2023           9,311,000  
Beginning balance (in shares) at Dec. 31, 2023 148,939,463 158,555,000          
Beginning balance at Dec. 31, 2023 $ 317,313 $ 1,586 1,426,325 (65,541) (1,027,192) $ (17,393) (472)
Beginning balance (in shares) at Dec. 31, 2023 9,615,242         9,615,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett $ (71,051)       (71,020)   (31)
Other comprehensive (loss) income, net [1] (245)     (245)      
Share-based compensation expense 6,338   6,338        
Issuance of common stock (in shares)   262,000          
Issuance of common stock 49 $ 2 47        
Treasury stock (in shares)           1,281,000  
Treasury stock (3,103)         $ (3,103)  
Restricted share forfeiture (in shares)           267,000  
Restricted share forfeiture (3)         $ (3)  
Other activity $ (28)   (28)        
Ending balance (in shares) at Jun. 30, 2024 147,653,745 158,817,000          
Ending balance at Jun. 30, 2024 $ 249,270 $ 1,588 1,432,682 (65,786) (1,098,212) $ (20,499) (503)
Ending balance (in shares) at Jun. 30, 2024 11,163,539         11,163,000  
Beginning balance (in shares) at Mar. 31, 2024   158,565,000          
Beginning balance at Mar. 31, 2024 $ 232,981 $ 1,586 1,429,137 (65,383) (1,111,960) $ (19,927) (472)
Beginning balance (in shares) at Mar. 31, 2024           10,979,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett 13,717       13,748   (31)
Other comprehensive (loss) income, net [2] (403)     (403)      
Share-based compensation expense 3,512   3,512        
Issuance of common stock (in shares)   252,000          
Issuance of common stock 24 $ 2 22        
Treasury stock (in shares)           130,000  
Treasury stock (571)         $ (571)  
Restricted share forfeiture (in shares)           54,000  
Restricted share forfeiture (1)         $ (1)  
Other activity $ 11   11        
Ending balance (in shares) at Jun. 30, 2024 147,653,745 158,817,000          
Ending balance at Jun. 30, 2024 $ 249,270 $ 1,588 $ 1,432,682 $ (65,786) $ (1,098,212) $ (20,499) $ (503)
Ending balance (in shares) at Jun. 30, 2024 11,163,539         11,163,000  
[1] For the six months ended June 30, 2024 and 2023, Other comprehensive (loss) income is net of an income tax provision of $0.1 million and $5.3 million, respectively.
[2] For the three months ended June 30, 2024 and 2023, Other comprehensive (loss) income is net of an income tax benefit of $30 thousand and an income tax provision of $2.9 million, respectively.