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v3.25.2

Pensions and other postretirement benefit plans | 6 Months Ended
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Jun. 30, 2025
Retirement Benefits [Abstract] |
Pensions and other postretirement benefit plans | NOTE 7 — Pensions and other postretirement benefit plans We, along with our subsidiaries, sponsor various defined benefit retirement plans, including plans established under collective bargaining agreements. Our retirement plans primarily include the (i) Gannett Retirement Plan (the "GR Plan"), (ii) Gannett Retirement Plan for Certain Union Employees, and (iii) Newsquest Scheme in the U.K., as well as other smaller and/or frozen defined benefit and defined contribution plans. We also provide health care and life insurance benefits to certain retired employees who meet age and service requirements. Retirement plan costs include the following components:
| Pension benefits |  | Postretirement benefits
| Three months ended June 30, |  | Three months ended June 30,
In thousands | 2025 |  | 2024 |  | 2025 |  | 2024
Operating expenses: |  |  |  |  |  |  |
Service cost - benefits earned during the period | $ | 248 |  |  | $ | 289 |  |  | $ | 8 |  |  | $ | 8 |
Non-operating expenses: |  |  |  |  |  |  |
Interest cost on benefit obligations | 20,837 |  |  | 20,276 |  |  | 526 |  |  | 530 |
Expected return on plan assets | (23,444) |  |  | (24,050) |  |  | — |  |  | — |
Amortization of prior service cost (benefit) | 18 |  |  | 17 |  |  | (142) |  |  | (142) |
Amortization of actuarial cost (benefit) | 620 |  |  | 710 |  |  | (418) |  |  | (478) |
Total non-operating benefit | $ | (1,969) |  |  | $ | (3,047) |  |  | $ | (34) |  |  | $ | (90) |
Total benefit for retirement plans | $ | (1,721) |  |  | $ | (2,758) |  |  | $ | (26) |  |  | $ | (82) |
| Pension benefits |  | Postretirement benefits
| Six months ended June 30, |  | Six months ended June 30,
In thousands | 2025 |  | 2024 |  | 2025 |  | 2024
Operating expenses: |  |  |  |  |  |  |
Service cost - benefits earned during the period | $ | 496 |  |  | $ | 578 |  |  | $ | 16 |  |  | $ | 17 |
Non-operating expenses: |  |  |  |  |  |  |
Interest cost on benefit obligations | 41,224 |  |  | 40,591 |  |  | 1,052 |  |  | 1,060 |
Expected return on plan assets | (46,304) |  |  | (48,153) |  |  | — |  |  | — |
Amortization of prior service cost (benefit) | 35 |  |  | 34 |  |  | (284) |  |  | (284) |
Amortization of actuarial cost (benefit) | 1,197 |  |  | 1,425 |  |  | (837) |  |  | (956) |
Total non-operating benefit | $ | (3,848) |  |  | $ | (6,103) |  |  | $ | (69) |  |  | $ | (180) |
Total benefit for retirement plans | $ | (3,352) |  |  | $ | (5,525) |  |  | $ | (53) |  |  | $ | (163) |
Contributions We are contractually obligated to contribute to our pension and postretirement benefit plans. During the six months ended June 30, 2025, we contributed $0.6 million and $2.2 million to our pension and other postretirement plans, respectively.

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