EW SCRIPPS Co
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
SSP$3.69+3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| (in thousands) | 2024 | 2023 |
| Cash Flows from Operating Activities: | ||
| Net income (loss) | $50,831 | $(692,022) |
| Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||
| Depreciation and amortization | 116,017 | 115,759 |
| Impairment of goodwill | — | 686,000 |
| Losses (gains), net on disposal of property and equipment | 717 | 2,320 |
| Programming assets and liabilities | 12,877 | (21,266) |
| Restructuring impairment charges | — | 14,685 |
| Losses (gains) on sale of investments | (18,018) | — |
| Deferred income taxes | (14,171) | (13,721) |
| Stock and deferred compensation plans | 16,574 | 18,372 |
| Pension contributions, net of income/expense | (1,459) | (1,492) |
| Other changes in certain working capital accounts, net | 38,903 | (72,567) |
| Miscellaneous, net | 10,118 | 13,069 |
| Net cash provided by operating activities | 212,389 | 49,137 |
| Cash Flows from Investing Activities: | ||
| Additions to property and equipment | (58,858) | (43,811) |
| Purchase of investments | (1,684) | (940) |
| Proceeds from sale of investments | 18,108 | — |
| Miscellaneous, net | 758 | 20 |
| Net cash used in investing activities | (41,676) | (44,731) |
| Cash Flows from Financing Activities: | ||
| Net borrowings (payments) under revolving credit facility | (155,000) | 340,000 |
| Payments on long-term debt | (11,709) | (295,959) |
| Dividends paid on preferred stock | — | (36,000) |
| Tax payments related to shares withheld for vested stock and RSUs | (1,814) | (4,763) |
| Miscellaneous, net | (2,867) | (9,859) |
| Net cash used in financing activities | (171,390) | (6,581) |
| Decrease in cash and cash equivalents | (677) | (2,175) |
| Cash and cash equivalents: | ||
| Beginning of year | 35,319 | 18,027 |
| End of period | $34,642 | $15,852 |
| Supplemental Cash Flow Disclosures | ||
| Interest paid | $169,123 | $161,370 |
| Income taxes paid | $51,302 | $25,932 |
| Non-cash investing information | ||
| Accrued capital expenditures | $770 | $397 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.