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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 101,801 $ 100,180
Accounts receivable, net of allowance of $15,170 and $16,338 as of September 30, 2024 and December 31, 2023, respectively 244,011 266,096
Inventories 22,423 26,794
Prepaid expenses 43,166 36,210
Other current assets 21,319 14,957
Total current assets 432,720 444,237
Property, plant and equipment, net of accumulated depreciation of $344,789 and $336,408 as of September 30, 2024 and December 31, 2023, respectively 247,733 239,087
Operating lease assets 151,604 221,733
Goodwill 531,112 533,876
Intangible assets, net 453,052 524,350
Deferred tax assets 49,722 37,125
Pension and other assets 197,437 180,839
Total assets 2,063,380 2,181,247
Current liabilities:    
Accounts payable and accrued liabilities 334,356 293,444
Deferred revenue 108,306 120,502
Current portion of long-term debt 60,452 63,752
Operating lease liabilities 40,447 45,763
Other current liabilities 7,604 10,052
Total current liabilities 551,165 533,513
Long-term debt 504,369 564,836
Convertible debt 427,238 416,036
Deferred tax liabilities 0 2,028
Pension and other postretirement benefit obligations 39,123 42,661
Long-term operating lease liabilities 176,152 203,871
Other long-term liabilities 125,386 100,989
Total noncurrent liabilities 1,272,268 1,330,421
Total liabilities 1,823,433 1,863,934
Commitments and contingent liabilities (See Note 11)
Equity    
Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized, 158,821,732 shares issued and 147,430,592 shares outstanding at September 30, 2024; 158,554,705 shares issued and 148,939,463 shares outstanding at December 31, 2023 1,588 1,586
Treasury stock, at cost, 11,391,140 shares and 9,615,242 shares at September 30, 2024 and December 31, 2023, respectively (20,539) (17,393)
Additional paid-in capital 1,435,879 1,426,325
Accumulated deficit (1,117,865) (1,027,192)
Accumulated other comprehensive loss (58,612) (65,541)
Total Gannett stockholders' equity 240,451 317,785
Noncontrolling interests (504) (472)
Total equity 239,947 317,313
Total liabilities and equity $ 2,063,380 $ 2,181,247