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Supplemental equity and other information (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity [Abstract] |
Schedule of Basic and Diluted Loss per Share | The following table sets forth the information to compute basic and diluted loss per share:
| Three months ended September 30, |  | Nine months ended September 30,
In thousands, except per share data | 2024 |  | 2023 |  | 2024 |  | 2023
Net loss attributable to Gannett | $ | (19,653) |  |  | $ | (2,566) |  |  | $ | (90,673) |  |  | $ | (4,899) |
Basic weighted average shares outstanding | 143,209 |  |  | 140,373 |  |  | 142,279 |  |  | 139,378 |
Diluted weighted average shares outstanding | 143,209 |  |  | 140,373 |  |  | 142,279 |  |  | 139,378 |
Loss per share attributable to Gannett - basic | $ | (0.14) |  |  | $ | (0.02) |  |  | $ | (0.64) |  |  | $ | (0.04) |
Loss per share attributable to Gannett - diluted | $ | (0.14) |  |  | $ | (0.02) |  |  | $ | (0.64) |  |  | $ | (0.04) |
(a) Includes restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs").
Schedule of Securities Excluded From Computation of Diluted Loss Per Share | The Company excluded the following securities from the computation of diluted loss per share because their effect would have been antidilutive:
| Three months ended September 30, |  | Nine months ended September 30,
In thousands | 2024 |  | 2023 |  | 2024 |  | 2023
Warrants(a) | — |  |  | 845 |  |  | — |  |  | 845 |
Stock options | 6,068 |  |  | 6,068 |  |  | 6,068 |  |  | 6,068 |
Restricted stock grants(b) | 7,139 |  |  | 8,779 |  |  | 7,139 |  |  | 8,779 |
2027 Notes(c) | 97,057 |  |  | 97,057 |  |  | 97,057 |  |  | 97,057 |
(a)The warrants expired on November 26, 2023. (b)Includes RSAs, RSUs and PSUs. (c)Represents the total number of shares that would have been convertible for the three and nine months ended September 30, 2024 and 2023 as stipulated in the 2027 Notes Indenture.
Schedule of Accumulated Other Comprehensive Loss, Net of Tax | The following tables summarize the components of, and the changes in, Accumulated other comprehensive loss, net of tax:
| Nine months ended September 30, 2024 |  | Nine months ended September 30, 2023
In thousands | Pension and postretirement benefit plans |  | Foreign currency translation |  | Total |  | Pension and postretirement benefit plans |  | Foreign currency translation |  | Total
Beginning balance | $ | (64,344) |  |  | $ | (1,197) |  |  | $ | (65,541) |  |  | $ | (86,351) |  |  | $ | (14,880) |  |  | $ | (101,231) |
Other comprehensive (loss) income before reclassifications, net of taxes | (6,232) |  |  | 12,917 |  |  | 6,685 |  |  | 21,080 |  |  | 4,835 |  |  | 25,915 |
Amounts reclassified from accumulated other comprehensive income (loss)(a)(b) | 244 |  |  | — |  |  | 244 |  |  | (457) |  |  | — |  |  | (457) |
Net current period other comprehensive (loss) income, net of tax | (5,988) |  |  | 12,917 |  |  | 6,929 |  |  | 20,623 |  |  | 4,835 |  |  | 25,458 |
Ending balance | $ | (70,332) |  |  | $ | 11,720 |  |  | $ | (58,612) |  |  | $ | (65,728) |  |  | $ | (10,045) |  |  | $ | (75,773) |
(a)Amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic benefit cost. See Note 7 — Pensions and other postretirement benefit plans. (b)Amounts reclassified from accumulated other comprehensive income (loss) are recorded net of tax impacts of $107 thousand and $146 thousand for the nine months ended September 30, 2024 and 2023, respectively.

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