Gannett Co Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
| Common stock · Additionalpaid-incapital · Accumulated other comprehensive income (loss) · Accumulated deficit · Treasury stock · Non-controlling interests(a) · Total equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| In thousands · Shares · $ · Shares · $ | |||||||||
| Balance at December 31, 2021 | 144,667 | $1,446 | $1,400,206 | $59,998 | $(921,399) | 2,368 | $(8,151) | $(2,485) | $529,615 |
| Net loss attributable to Gannett | — | — | — | — | (78,002) | — | — | (253) | (78,255) |
| Acquisition of noncontrolling interests | — | — | (4,419) | — | — | — | — | 2,369 | (2,050) |
| Restricted share grants | 7,127 | 71 | (71) | — | — | — | — | — | — |
| Restricted stock awards settled, net of withholdings | 615 | 7 | (1,737) | — | — | — | — | (1,730) | |
| Performance stock units settled, net of withholdings | 563 | 6 | (892) | — | — | — | — | — | (886) |
| Other comprehensive loss, net(b) | — | — | — | (161,229) | — | — | — | — | (161,229) |
| Share-based compensation expense | — | — | 16,751 | — | — | — | — | — | 16,751 |
| Issuance of common stock | 314 | 3 | 135 | — | — | — | — | — | 138 |
| Treasury stock | — | — | — | — | — | 1,568 | (6,555) | — | (6,555) |
| Restricted share forfeiture | — | — | — | — | — | 3,127 | (31) | — | (31) |
| Other activity | — | — | (395) | — | — | — | — | — | (395) |
| Balance at December 31, 2022 | 153,286 | $1,533 | $1,409,578 | $(101,231) | $(999,401) | 7,063 | $(14,737) | $(369) | $295,373 |
| Net loss attributable to Gannett | — | — | — | — | (27,791) | — | — | (103) | (27,894) |
| Restricted share grants | 4,682 | 47 | (47) | — | — | — | — | — | — |
| Performance stock units settled, net of withholdings | 97 | 1 | (127) | — | — | — | — | — | (126) |
| Other comprehensive income, net(b) | — | — | — | 35,690 | — | — | — | — | 35,690 |
| Share-based compensation expense | — | — | 16,567 | — | — | — | — | — | 16,567 |
| Issuance of common stock | 490 | 5 | 95 | — | — | — | — | — | 100 |
| Treasury stock | — | — | — | — | — | 1,132 | (2,642) | — | (2,642) |
| Restricted share forfeiture | — | — | — | — | — | 1,420 | (14) | — | (14) |
| Other activity | — | — | 259 | — | — | — | — | — | 259 |
| Balance at December 31, 2023 | 158,555 | $1,586 | $1,426,325 | $(65,541) | $(1,027,192) | 9,615 | $(17,393) | $(472) | $317,313 |
| Net loss attributable to Gannett | — | — | — | — | (26,354) | — | — | (33) | (26,387) |
| Other comprehensive income, net(b) | — | — | — | 9,377 | — | — | — | — | 9,377 |
| Share-based compensation expense | — | — | 12,522 | — | — | — | — | — | 12,522 |
| Equity component of convertible debt | — | — | (157,089) | — | — | — | — | — | (157,089) |
| Issuance of common stock | 281 | 2 | 97 | — | — | — | — | — | 99 |
| Treasury stock | — | — | — | — | — | 1,289 | (3,141) | — | (3,141) |
| Restricted share forfeiture | — | — | — | — | — | 543 | (6) | — | (6) |
| Other activity | — | — | (54) | — | — | — | — | — | (54) |
| Balance at December 31, 2024 | 158,836 | $1,588 | $1,281,801 | $(56,164) | $(1,053,546) | 11,447 | $(20,540) | $(505) | $152,634 |
(a) Excludes Redeemable noncontrolling interests which are reflected in temporary equity.
(b)Other comprehensive income (loss) is net of an income taxprovision of$2.9 million and$6.8 million for the years ended December 31, 2024 and 2023,
respectively, and net of an income taxbenefit of$43.2 million for the year ended December 31, 2022.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.