Gannett co., inc. (NEWM)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14
Operating revenues:
Total operating revenues

1,867,909

1,526,024

1,342,004

1,255,356

1,195,815

652,323

Operating expenses:
Operating costs

1,079,593

865,234

742,822

699,312

656,555

368,420

Selling, general and administrative expenses

606,917

502,631

447,133

415,776

406,282

211,829

Depreciation and amortization

111,882

84,791

74,394

67,774

67,752

41,450

Restructuring Charges

47,401

15,011

8,903

8,352

8,052

2,796

Acquisition costs

60,618

2,651

1,975

-

-

-

Impairment of long-lived assets

3,009

1,538

7,142

0

0

-

Goodwill and Intangible Asset Impairment

100,743

0

27,448

0

4,800

-

Net (gain) loss on sale or disposal of assets

-4,723

3,971

1,649

-3,564

51,051

-1,472

Total operating expenses

2,014,886

1,467,885

1,308,168

-

-

-

Mastheads impairment

-

-

-

-

-

0

Operating loss

-146,977

58,139

33,836

60,578

103,425

26,356

Non-operating (income) expense:
Interest expense

63,660

36,072

30,476

29,635

32,057

17,685

Loss on early extinguishment of debt

-6,058

-2,886

-4,767

0

0

-9,047

Other income

-

-

-

-1,621

-350

-116

Other (income) expense

9,511

838

973

-

-

-

Non-operating expense

-60,207

-38,120

-34,270

-

-

-

Net loss before income taxes

-207,184

20,019

-434

29,322

71,018

-492

Provision (benefit) for income taxes

-85,994

1,912

481

-2,319

3,404

2,713

Net loss

-121,190

18,107

-915

31,641

-

-

Net loss attributable to redeemable noncontrolling interests

-1,348

-89

0

0

-

-

Net Income (Loss) Attributable to Parent

-119,842

18,196

-915

31,641

67,614

-3,205

Loss per share attributable to Gannett – basic (in dollars per share)

-1.77

0.31

-0.02

0.70

1.54

-0.10

Loss per share attributable to Gannett– diluted (in dollars per share)

-1.77

0.31

-0.02

0.70

1.53

-0.10

Dividend declared per share (in dollars per share)

1.52

1.49

1.42

1.34

1.29

0.54

Other comprehensive loss:
Other comprehensive income (loss):
Foreign currency translation adjustments

7,266

0

0

-

-

-

Pension and other postretirement benefit items:
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax

12,534

-1,509

-1,530

-

-

-

Amortization of actuarial loss

-86

-89

-46

-

-

-

Other

305

0

0

-

-

-

Total pension and other postretirement benefit items

-12,925

1,420

1,484

819

-1,311

4,927

Other comprehensive loss before tax

20,191

-1,420

-1,484

-

-

-

Income tax effect related to components of other comprehensive income

5,108

0

0

-

-

-

Net actuarial (loss) gain

-

-

-

-816

1,227

-4,927

Amortization of net actuarial loss (gain)

-

-

-

3

-84

0

Other comprehensive loss, net of tax

15,083

-1,420

-1,484

-819

1,311

-4,927

Comprehensive loss

-106,107

16,687

-2,399

30,822

68,925

-8,132

Comprehensive loss attributable to redeemable noncontrolling interests

-1,348

-89

0

0

-

-

Comprehensive loss attributable to Gannett

-104,759

16,776

-2,399

30,822

-

-

Advertising and marketing services
Total operating revenues

952,644

786,577

726,004

684,900

696,696

385,399

Circulation [Member]
Total operating revenues

704,842

574,963

474,324

421,497

378,263

195,661

Other
Total operating revenues

210,423

164,484

141,676

148,959

120,856

71,263