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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 106,299 $ 100,180
Accounts receivable, net of allowance for credit losses of $13,596 and $16,338, respectively 239,636 266,096
Inventories 20,910 26,794
Prepaid expenses 40,268 36,210
Other current assets 18,782 14,957
Total current assets 425,895 444,237
Property, plant, and equipment, net 240,980 239,087
Operating lease assets 143,955 221,733
Goodwill 530,028 533,876
Intangible assets, net 430,374 524,350
Deferred tax assets 60,983 37,125
Pension and other assets 207,932 180,839
Total assets 2,040,147 2,181,247
Current liabilities:    
Accounts payable and accrued liabilities 318,384 293,444
Deferred revenue 108,000 120,502
Current portion of long-term debt 74,300 63,752
Operating lease liabilities 39,761 45,763
Other current liabilities 5,157 10,052
Total current liabilities 545,602 533,513
Long-term debt 755,754 564,836
Convertible debt 249,757 416,036
Deferred tax liabilities 4,928 2,028
Pension and other postretirement benefit obligations 37,820 42,661
Long-term operating lease liabilities 167,731 203,871
Other long-term liabilities 125,921 100,989
Total noncurrent liabilities 1,341,911 1,330,421
Total liabilities 1,887,513 1,863,934
Commitments and contingent liabilities (see Note 13)
Equity    
Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at December 31, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized; 158,835,742 shares issued and 147,388,555 shares outstanding at December 31, 2024; 158,554,705 shares issued and 148,939,463 shares outstanding at December 31, 2023 1,588 1,586
Treasury stock, at cost, 11,447,187 shares and 9,615,242 shares at December 31, 2024 and December 31, 2023, respectively (20,540) (17,393)
Additional paid-in capital 1,281,801 1,426,325
Accumulated deficit (1,053,546) (1,027,192)
Accumulated other comprehensive loss (56,164) (65,541)
Total Gannett stockholders' equity 153,139 317,785
Noncontrolling interests (505) (472)
Total equity 152,634 317,313
Total liabilities and equity $ 2,040,147 $ 2,181,247