Gannett Co Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
TDAY$6.87+4.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| In thousands, except share data | December 31, 2024 | December 31, 2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $106,299 | $100,180 |
| Accounts receivable, net of allowance for credit losses of $13,596 and $16,338, respectively | 239,636 | 266,096 |
| Inventories | 20,910 | 26,794 |
| Prepaid expenses | 40,268 | 36,210 |
| Other current assets | 18,782 | 14,957 |
| Total current assets | 425,895 | 444,237 |
| Property, plant, and equipment, net | 240,980 | 239,087 |
| Operating lease assets | 143,955 | 221,733 |
| Goodwill | 530,028 | 533,876 |
| Intangible assets, net | 430,374 | 524,350 |
| Deferred tax assets | 60,983 | 37,125 |
| Pension and other assets | 207,932 | 180,839 |
| Total assets | $2,040,147 | $2,181,247 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $318,384 | $293,444 |
| Deferred revenue | 108,000 | 120,502 |
| Current portion of long-term debt | 74,300 | 63,752 |
| Operating lease liabilities | 39,761 | 45,763 |
| Other current liabilities | 5,157 | 10,052 |
| Total current liabilities | 545,602 | 533,513 |
| Long-term debt | 755,754 | 564,836 |
| Convertible debt | 249,757 | 416,036 |
| Deferred tax liabilities | 4,928 | 2,028 |
| Pension and other postretirement benefit obligations | 37,820 | 42,661 |
| Long-term operating lease liabilities | 167,731 | 203,871 |
| Other long-term liabilities | 125,921 | 100,989 |
| Total noncurrent liabilities | 1,341,911 | 1,330,421 |
| Total liabilities | 1,887,513 | 1,863,934 |
| Commitments and contingent liabilities (see Note 13) | ||
| Equity | ||
| Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at December 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.01 par value per share, 2,000,000,000 shares authorized; 158,835,742 shares issued and 147,388,555 shares outstanding at December 31, 2024; 158,554,705 shares issued and 148,939,463 shares outstanding at December 31, 2023 | 1,588 | 1,586 |
| Treasury stock, at cost, 11,447,187 shares and 9,615,242 shares at December 31, 2024 and December 31, 2023, respectively | (20,540) | (17,393) |
| Additional paid-in capital | 1,281,801 | 1,426,325 |
| Accumulated deficit | (1,053,546) | (1,027,192) |
| Accumulated other comprehensive loss | (56,164) | (65,541) |
| Total Gannett stockholders' equity | 153,139 | 317,785 |
| Noncontrolling interests | (505) | (472) |
| Total equity | 152,634 | 317,313 |
| Total liabilities and equity | $2,040,147 | $2,181,247 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.