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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive (loss) income
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 loss attributable to Gannett (4,998)       (4,899)   (99)
Restricted share grants (in shares)   4,682,000          
Restricted share grants 0 $ 47 (47)        
Other comprehensive income (loss), net [1] 25,458     25,458      
Share-based compensation expense 12,727   12,727        
Issuance of common stock (in shares)   479,000          
Issuance of common stock 74 $ 4 70        
Treasury stock (in shares)           1,132,000  
Treasury stock (2,642)         $ (2,642)  
Restricted share forfeiture (in shares)           1,249,000  
Restricted share forfeiture (13)         $ (13)  
Other activity 72   72        
Ending balance (in shares) at Sep. 30, 2023   158,447,000          
Ending balance at Sep. 30, 2023 326,051 $ 1,584 1,422,400 (75,773) (1,004,300) $ (17,392) (468)
Ending balance (in shares) at Sep. 30, 2023           9,444,000  
Beginning balance (in shares) at Jun. 30, 2023   158,436,000          
Beginning balance at Jun. 30, 2023 326,897 $ 1,584 1,418,577 (73,694) (1,001,734) $ (17,370) (466)
Beginning balance (in shares) at Jun. 30, 2023           9,311,000  
Increase (Decrease) in Stockholders' Equity              
Net loss attributable to Gannett (2,568)       (2,566)   (2)
Other comprehensive income (loss), net [2] (2,079)     (2,079)      
Share-based compensation expense 3,944   3,944        
Issuance of common stock (in shares)   11,000          
Issuance of common stock 24   24        
Treasury stock (in shares)           8,000  
Treasury stock (20)         $ (20)  
Restricted share forfeiture (in shares)           125,000  
Restricted share forfeiture (2)         $ (2)  
Other activity (145)   (145)        
Ending balance (in shares) at Sep. 30, 2023   158,447,000          
Ending balance at Sep. 30, 2023 $ 326,051 $ 1,584 1,422,400 (75,773) (1,004,300) $ (17,392) (468)
Ending balance (in shares) at Sep. 30, 2023           9,444,000  
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 loss attributable to Gannett $ (90,705)       (90,673)   (32)
Other comprehensive income (loss), net [1] 6,929     6,929      
Share-based compensation expense 9,243   9,243        
Issuance of common stock (in shares)   267,000          
Issuance of common stock 74 $ 2 72        
Treasury stock (in shares)           1,289,000  
Treasury stock (3,141)         $ (3,141)  
Restricted share forfeiture (in shares)           487,000  
Restricted share forfeiture (5)         $ (5)  
Other activity $ 239   239        
Ending balance (in shares) at Sep. 30, 2024 147,430,592 158,822,000          
Ending balance at Sep. 30, 2024 $ 239,947 $ 1,588 1,435,879 (58,612) (1,117,865) $ (20,539) (504)
Ending balance (in shares) at Sep. 30, 2024 11,391,140         11,391,000  
Beginning balance (in shares) at Jun. 30, 2024   158,817,000          
Beginning balance at Jun. 30, 2024 $ 249,270 $ 1,588 1,432,682 (65,786) (1,098,212) $ (20,499) (503)
Beginning balance (in shares) at Jun. 30, 2024           11,163,000  
Increase (Decrease) in Stockholders' Equity              
Net loss attributable to Gannett (19,654)       (19,653)   (1)
Other comprehensive income (loss), net [2] 7,174     7,174      
Share-based compensation expense 2,905   2,905        
Issuance of common stock (in shares)   5,000          
Issuance of common stock 25   25        
Treasury stock (in shares)           8,000  
Treasury stock (38)         $ (38)  
Restricted share forfeiture (in shares)           220,000  
Restricted share forfeiture (2)         $ (2)  
Other activity $ 267   267        
Ending balance (in shares) at Sep. 30, 2024 147,430,592 158,822,000          
Ending balance at Sep. 30, 2024 $ 239,947 $ 1,588 $ 1,435,879 $ (58,612) $ (1,117,865) $ (20,539) $ (504)
Ending balance (in shares) at Sep. 30, 2024 11,391,140         11,391,000  
[1] For the nine months ended September 30, 2024 and 2023, Other comprehensive (loss) income is net of an income tax benefit of $1.5 million and income tax provision of $6.8 million, respectively.
[2] For the three months ended September 30, 2024 and 2023, Other comprehensive (loss) income is net of an income tax benefit of $1.6 million and an income tax provision of $1.5 million, respectively.