Gannett co., inc. (NEWM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
Operating revenues:
Total operating revenues

948,682

699,274

376,649

404,387

387,599

416,038

380,419

388,802

340,765

394,431

317,176

322,873

307,524

333,585

306,837

314,830

300,104

333,649

312,056

299,493

250,617

186,796

165,061

158,433

142,033

103,231

Operating expenses:
Operating costs

566,463

398,322

218,369

233,407

229,495

230,299

220,771

217,775

196,389

210,451

177,724

177,020

177,627

179,330

172,972

172,557

174,453

179,725

175,757

160,361

140,712

101,880

94,070

87,615

84,855

56,614

Selling, general and administrative expenses

299,137

227,030

120,797

130,040

129,050

135,695

121,280

126,837

118,819

127,310

106,967

106,661

106,195

109,611

100,052

106,029

100,084

117,622

99,863

99,667

89,130

55,588

53,990

52,235

50,016

28,749

Depreciation and amortization

78,024

43,149

24,482

23,328

20,923

20,515

25,094

19,935

19,247

19,773

18,257

18,760

17,604

17,411

17,014

17,258

16,091

16,451

18,213

17,386

15,702

10,628

10,904

10,108

9,810

6,588

Acquisition costs

-

-

12,181

-

-

-

591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

28,254

36,213

2,160

3,230

5,798

1,768

9,064

1,749

2,430

2,086

2,210

2,237

2,370

820

5,197

1,409

926

2,831

1,638

1,656

1,927

826

1,133

412

425

1,758

Acquisition costs

5,969

-

-

-

772

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

0

540

0

1,262

1,207

417

1,121

0

0

657

0

0

6,485

0

0

0

0

-

-

-

-

-

-

-

-

0

Loss on sale or disposal of assets

-657

-

-

-

-1,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and Intangible Asset Impairment

-

-

-

-

-

-

-

-

-

-

0

27,448

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on sale or disposal of assets

-

-

-602

-947

-

-80

72

808

3,171

-211

-686

2,634

-88

-239

-974

-831

-1,520

-57,072

0

0

-545

-398

-387

-688

1

-27

Total operating expenses

978,504

-

-

-

389,034

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mastheads impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,800

0

0

-

-

-

-

-

0

Operating loss

-29,822

-155,773

-1,942

12,173

-1,435

25,204

2,570

23,314

7,051

31,968

11,332

-6,619

-2,845

26,174

10,628

16,746

7,030

66,678

14,648

19,498

2,601

17,476

4,578

7,374

-3,072

9,495

Non-operating (income) expense:
Interest expense

57,899

33,284

10,030

10,212

10,134

9,606

9,115

8,999

8,352

8,193

7,848

7,217

7,218

7,366

7,391

7,524

7,354

7,622

7,820

7,623

8,992

5,679

4,374

3,826

3,806

1,640

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145

333

425

171

Loss on early extinguishment of debt

-805

-

-

-

0

-

-

-

-

-

-4,767

-

-

-

0

-

-

-

-

-

-

-

-

-

-

0

Loss on derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other income

16,899

-

230

311

260

-

433

337

520

-

246

104

47

-1,937

62

90

164

-358

-10

19

-1

-227

4

81

26

13

Non-operating expense

-41,805

-

-

-

-9,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss before income taxes

-71,627

-186,405

-11,742

2,272

-11,309

12,260

-6,112

14,652

-781

24,351

-1,037

-13,732

-10,016

16,871

3,299

9,312

-160

58,697

6,819

11,894

-6,392

12,473

62

-5,750

-7,277

7,697

Reorganization items, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Provision (benefit) for income taxes

8,979

-90,923

7,226

-343

-1,954

-679

-239

2,946

-116

-2,077

934

7,955

-6,331

2,375

504

-71

-5,127

2,321

710

699

-326

1,010

4,770

-2,481

-586

491

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,206

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net loss

-80,606

-95,482

-18,968

2,615

-9,355

12,939

-5,873

11,706

-665

26,428

-1,971

-21,687

-3,685

14,496

2,795

9,383

4,967

56,376

6,109

11,195

-6,066

11,463

-4,708

-3,269

-6,691

7,206

Net loss attributable to redeemable noncontrolling interests

-454

-

-

-

-249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income attributable to redeemable noncontrolling interests

-

-

-505

-200

-

-

232

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net Income (Loss) Attributable to Parent

-80,152

-95,088

-18,463

2,815

-9,106

13,260

-6,105

11,706

-665

-

-1,971

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,206

Income (loss) from continuing operations attributable to New Media (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.24

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

-0.61

-1.36

-0.31

0.05

-0.15

0.22

-0.10

0.20

-0.01

0.50

-0.04

-0.41

-0.07

0.32

0.06

0.21

0.11

1.26

0.14

0.25

-0.14

0.31

-0.15

-0.11

-

0.24

Income (loss) from continuing operations attributable to New Media

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.24

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

-0.61

-1.36

-0.31

0.05

-0.15

0.22

-0.10

0.20

-0.01

0.50

-0.04

-0.41

-0.07

0.32

0.06

0.21

0.11

1.26

0.14

0.25

-0.14

0.30

-0.15

-0.11

-

0.24

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.22

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.22

-

Dividend declared per share (in dollars per share)

0.00

0.38

0.38

0.38

0.38

0.38

0.37

0.37

0.37

0.37

0.35

0.35

0.35

0.35

0.33

0.33

0.33

0.33

0.33

0.33

0.30

0.27

0.27

0.00

0.00

0.00

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

-14,033

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension and other postretirement benefit items:
Amortization of actuarial loss

14

-

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-966

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total pension and other postretirement benefit items

-952

-

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-458

Other comprehensive loss before tax

-13,081

-

-

-

-30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax effect related to components of other comprehensive income

-4

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on derivative instruments, net of income taxes of $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Reclassification of accumulated other comprehensive loss related to derivative instruments, net of income taxes of $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total derivative items, net of income taxes of $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net actuarial (loss) gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-458

Amortization of net actuarial loss (gain)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other comprehensive loss, net of tax

-13,077

-

-

-

-30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

458

Comprehensive loss

-93,683

-80,309

-19,001

2,588

-9,385

11,721

-5,940

11,638

-732

-

-1,944

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,664

Comprehensive loss attributable to redeemable noncontrolling interests

-454

-394

-506

-199

-249

-321

232

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Basic weighted average shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,000

30,000

-

Diluted weighted average shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,000

30,000

-

Comprehensive loss attributable to Gannett

-93,229

-79,915

-18,495

2,787

-9,136

12,042

-6,172

11,638

-732

24,861

-1,944

-21,659

-3,657

13,616

2,815

9,400

4,991

-

6,132

11,218

-6,043

-

-4,708

-3,269

-6,691

7,664

Advertising and marketing services
Total operating revenues

487,010

406,896

167,437

184,767

193,544

259,248

176,461

187,609

163,259

243,578

159,481

167,381

155,564

182,427

164,683

174,153

163,637

196,591

178,965

177,345

143,795

110,179

96,760

95,837

82,623

63,340

Circulation [Member]
Total operating revenues

374,723

255,573

146,254

150,850

152,165

154,502

145,934

144,536

129,991

140,163

112,792

110,563

110,806

108,833

104,693

104,094

103,877

105,008

100,441

91,760

81,054

55,387

49,803

46,103

44,368

29,525

Other
Total operating revenues

86,949

36,805

62,958

68,770

41,890

2,288

58,024

56,657

47,515

10,690

44,903

44,929

41,154

42,325

37,461

36,583

32,590

32,050

32,650

30,388

25,768

21,230

18,498

16,493

15,042

10,366