LEE ENTERPRISES Inc
For the period ended Sep 29, 2024. Filed Dec 13, 2024.
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FY2024 · Filed Dec 13, 2024
LEE$6.99+3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| (Thousands of Dollars) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash provided by (required for) operating activities: | |||
| Net (loss) income | (23,573) | (2,733) | 97 |
| Adjustments to reconcile net (loss) income to net cash provided by (required for) operating activities: | |||
| Depreciation and amortization | 27,616 | 30,621 | 36,544 |
| Bad debt expense | 13,633 | 6,942 | 5,190 |
| Curtailment/Settlement gain | (3,593) | — | (1,027) |
| Pension withdrawal cost | — | 1,200 | 2,335 |
| Stock compensation expense | 1,751 | 1,806 | 1,337 |
| Asset loss on sales, impairments and other, net | 11,193 | 1,882 | 9,716 |
| Earnings, net of distributions, deemed returns on investment of TNI and MNI | (122) | (657) | (576) |
| Gain on sale of investment | — | (1,736) | — |
| Deferred income taxes | (10,535) | (4,542) | (4,377) |
| Pension contributions | — | — | (112) |
| Other, net | (1,287) | (2,290) | (2,015) |
| Changes in operating assets and liabilities: | |||
| Increase in receivables | (5,494) | (6,739) | (7,804) |
| Decrease (increase) in inventories and other | 901 | 977 | (3,088) |
| Decrease in accounts payable, unearned revenue, other accrued liabilities and operating lease obligations | (5,026) | (26,155) | (14,645) |
| Decrease in pension, postretirement and postemployment benefit obligations | (2,422) | (83) | (21,449) |
| Change in income taxes payable | (2,352) | 345 | (236) |
| Other | 427 | (2,019) | 2,963 |
| Net cash provided by (required for) operating activities | 1,117 | (3,181) | 2,853 |
| Cash provided by investing activities: | |||
| Purchases of property and equipment | (9,208) | (5,107) | (7,536) |
| Proceeds from sales of assets | 13,456 | 11,952 | 14,835 |
| Other, net | (517) | 1,791 | (386) |
| Net cash provided by investing activities | 3,731 | 8,636 | 6,913 |
| Cash required for financing activities: | |||
| Principal payments on long-term borrowings | (9,798) | (6,813) | (20,062) |
| Sale (purchases) of common stock transactions | — | (279) | 369 |
| Net cash required for financing activities | (9,798) | (7,092) | (19,693) |
| Net decrease in cash and cash equivalents | (4,950) | (1,637) | (9,927) |
| Cash and cash equivalents: | |||
| Beginning of year | 14,548 | 16,185 | 26,112 |
| End of year | 9,598 | 14,548 | 16,185 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.