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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenues $ 560,796 $ 612,439 $ 1,717,230 $ 1,888,040
Operating costs 352,306 375,912 1,068,376 1,169,785
Selling, general and administrative expenses 153,743 176,456 485,356 532,776
Depreciation and amortization 43,211 40,398 128,489 116,954
Integration and reorganization costs 15,708 17,307 37,524 54,963
Asset impairments 0 87 2,075 46,076
(Gain) loss on sale or disposal of assets, net (62) 784 (22,326) 1,572
Interest expense 23,835 25,959 74,313 78,794
Loss (gain) on early extinguishment of debt 24 176 1,481 (354)
Equity (income) loss in unconsolidated investees, net (549) 97 (1,583) (277)
Other (income) expense, net (5,806) 1,346 (11,640) 1,610
Loss before income taxes (21,614) (26,083) (44,835) (113,859)
Provision (benefit) for income taxes 17,635 (6,429) (76,651) (23,154)
Net (loss) income (39,249) (19,654) 31,816 (90,705)
Net (loss) income attributable to noncontrolling interests 0 (1) 7 (32)
Net (loss) income attributable to Gannett $ (39,249) $ (19,653) $ 31,809 $ (90,673)
(Loss) income per share attributable to Gannett - basic (in dollars per share) $ (0.27) $ (0.14) $ 0.22 $ (0.64)
(Loss) income per share attributable to Gannett - diluted (in dollars per share) $ (0.27) $ (0.14) $ 0.21 $ (0.64)
Other comprehensive income (loss):        
Foreign currency translation adjustments $ (5,966) $ 13,829 $ 15,856 $ 12,917
Pension and other postretirement benefit items:        
Net actuarial gain (loss) 0 0 0 (538)
Amortization of net actuarial gain (loss) 209 257 569 726
Amortization of prior service cost (125) (125) (374) (375)
Equity method investments (899) 0 (725) 116
Other 2,778 (8,432) (8,499) (7,422)
Total pension and other postretirement benefit items 1,963 (8,300) (9,029) (7,493)
Other comprehensive (loss) income before tax (4,003) 5,529 6,827 5,424
Income tax provision (benefit) related to components of other comprehensive income (loss) 576 (1,645) (1,647) (1,505)
Other comprehensive (loss) income, net of tax (4,579) [1] 7,174 [1] 8,474 [2] 6,929 [2]
Comprehensive (loss) income (43,828) (12,480) 40,290 (83,776)
Comprehensive (loss) income attributable to noncontrolling interests 0 (1) 7 (32)
Comprehensive (loss) income attributable to Gannett (43,828) (12,479) 40,283 (83,744)
Digital        
Total revenues 262,744 277,386 778,573 823,263
Print and commercial        
Total revenues $ 298,052 $ 335,053 $ 938,657 $ 1,064,777
[1] For the three months ended September 30, 2025 and 2024, Other comprehensive (loss) income is net of an income tax provision of $0.6 million and an income tax benefit of $1.6 million, respectively.
[2] For the nine months ended September 30, 2025 and 2024, Other comprehensive (loss) income is net of an income tax benefit of $1.6 million and $1.5 million, respectively.