XML 22 R5.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Total revenues $ 2,302,226 $ 2,509,315 $ 2,663,550
Operating costs 1,410,788 1,545,584 1,692,031
Selling, general and administrative expenses 639,748 703,645 722,885
Depreciation and amortization 165,759 156,287 162,622
Integration and reorganization costs 31,595 66,155 24,468
Asset impairments 2,243 46,589 1,370
(Gain) loss on sale or disposal of assets, net (16,844) 1,106 (40,101)
Interest expense 97,225 104,697 111,776
Loss (gain) on early extinguishment of debt 1,516 (55,559) (4,529)
Equity income in unconsolidated investees, net (2,209) (548) (2,379)
Other (income) expense, net (26,320) 19,032 1,572
Loss before income taxes (1,275) (77,673) (6,165)
(Benefit) provision for income taxes (3,030) (51,286) 21,729
Net income (loss) 1,755 (26,387) (27,894)
Net income (loss) attributable to noncontrolling interests 6 (33) (103)
Net income (loss) attributable to USA TODAY Co. $ 1,749 $ (26,354) $ (27,791)
Income (loss) per share attributable to USA TODAY Co. - basic (in dollars per share) $ 0.01 $ (0.18) $ (0.20)
Income (loss) per share attributable to USA TODAY Co. - diluted (in dollars per share) $ 0.01 $ (0.18) $ (0.20)
Other comprehensive income (loss):      
Foreign currency translation adjustments $ 16,313 $ (14) $ 13,683
Pension and other postretirement benefit items:      
Net actuarial gain (loss) (2,575) 10,205 33,135
Amortization of net actuarial gain (loss) 779 1,014 (305)
Change in prior service cost 0 0 3,307
Amortization of prior service cost (498) (500) (502)
Settlement (gain) loss (12,105) 35 0
Equity method investments (725) 116 610
Other (9,497) 1,405 (7,415)
Total pension and other postretirement benefit items (24,621) 12,275 28,830
Other comprehensive (loss) income before tax (8,308) 12,261 42,513
Income tax (benefit) provision related to components of other comprehensive income (loss) (5,567) 2,884 6,823
Other comprehensive (loss) income, net of tax [1] (2,741) 9,377 35,690
Comprehensive (loss) income (986) (17,010) 7,796
Comprehensive income (loss) attributable to noncontrolling interests [2] 6 (33) (103)
Comprehensive (loss) income attributable to USA TODAY Co. (992) (16,977) 7,899
Digital      
Total revenues 1,056,070 1,103,651 1,050,370
Print and commercial      
Total revenues $ 1,246,156 $ 1,405,664 $ 1,613,180
[1] (b) Other comprehensive (loss) income is net of an income tax benefit of $5.6 million for the year ended December 31, 2025 and net of an income tax provision of $2.9 million and $6.8 million for the years ended December 31, 2024 and 2023, respectively.
[2] (a) For the years ended December 31, 2025, 2024, and 2023 there were no redeemable noncontrolling interests included in Net income (loss) attributable to
noncontrolling interests.