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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 75,246 $ 106,299
Accounts receivable, net of allowance for credit losses of $13,234 and $13,596 as of September 30, 2025 and December 31, 2024, respectively 220,068 239,636
Inventories 13,232 20,910
Prepaid expenses 45,157 40,268
Other current assets 12,374 18,782
Total current assets 366,077 425,895
Property, plant and equipment, net of accumulated depreciation of $391,094 and $337,013 as of September 30, 2025 and December 31, 2024, respectively 197,203 240,980
Operating lease assets 124,325 143,955
Goodwill 518,694 530,028
Intangible assets, net 357,083 430,374
Deferred tax assets 146,601 60,983
Pension and other assets 214,359 207,932
Total assets 1,924,342 2,040,147
Current liabilities:    
Accounts payable and accrued liabilities 314,765 318,384
Deferred revenue 107,750 108,000
Current portion of long-term debt 69,315 74,300
Operating lease liabilities 35,072 39,761
Other current liabilities 1,608 5,157
Total current liabilities 528,510 545,602
Long-term debt 663,886 755,754
Convertible debt 238,661 249,757
Deferred tax liabilities 8,641 4,928
Pension and other postretirement benefit obligations 35,171 37,820
Long-term operating lease liabilities 148,447 167,731
Other long-term liabilities 107,515 125,921
Total noncurrent liabilities 1,202,321 1,341,911
Total liabilities 1,730,831 1,887,513
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, 2025 and December 31, 2024 0 0
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized; 159,887,712 shares issued and 147,108,750 shares outstanding at September 30, 2025; 158,835,742 shares issued and 147,388,555 shares outstanding at December 31, 2024 1,599 1,588
Treasury stock, at cost, 12,778,962 shares and 11,447,187 shares at September 30, 2025 and December 31, 2024, respectively (23,607) (20,540)
Additional paid-in capital 1,285,444 1,281,801
Accumulated deficit (1,021,737) (1,053,546)
Accumulated other comprehensive loss (47,690) (56,164)
Total Gannett stockholders' equity 194,009 153,139
Noncontrolling interests (498) (505)
Total equity 193,511 152,634
Total liabilities and equity $ 1,924,342 $ 2,040,147