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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 29, 2019
Sep. 30, 2020
Sep. 29, 2019
Operating revenues:        
Total operating revenues $ 814,539 $ 376,649 $ 2,530,223 $ 1,168,636
Operating expenses:        
Operating costs 492,342 218,369 1,535,539 681,271
Selling, general and administrative expenses 241,652 119,821 767,275 375,497
Depreciation and amortization 61,355 24,482 205,706 68,733
Integration and reorganization costs 13,417 3,136 73,978 13,213
Acquisition costs 1,913 12,181 10,261 15,318
Asset impairments 1,585 0 8,444 2,469
Goodwill and intangible impairments 0 0 393,446 0
Loss on sale or disposal of assets 795 602 1,540 3,339
Total operating expenses 813,059 378,591 2,996,189 1,159,840
Operating income (loss) 1,480 (1,942) (465,966) 8,796
Non-operating (income) expenses:        
Interest expense 58,063 10,030 173,890 30,376
Loss on early extinguishment of debt 476 0 1,650 0
Non-operating pension income (18,334) (208) (54,433) (625)
Gain on sale of investments (7,800) 0 (7,995) 0
Other income, net (2,575) (22) (6,993) (176)
Non-operating expenses 29,830 9,800 106,119 29,575
Net loss before income taxes (28,350) (11,742) (572,085) (20,779)
Income tax expense (benefit) 3,098 7,226 (22,200) 4,929
Net loss (31,448) (18,968) (549,885) (25,708)
Net loss attributable to redeemable noncontrolling interests (188) (505) (1,580) (954)
Net loss attributable to Gannett $ (31,260) $ (18,463) $ (548,305) $ (24,754)
Loss per share attributable to Gannett – basic (in dollars per share) $ (0.24) $ (0.31) $ (4.17) $ (0.41)
Loss per share attributable to Gannett– diluted (in dollars per share) (0.24) (0.31) (4.17) (0.41)
Dividends declared per share (in dollars per share) $ 0.00 $ 0.38 $ 0.00 $ 1.14
Other comprehensive loss:        
Foreign currency translation adjustments $ 7,677 $ (3) $ (8,908) $ 0
Pension and other postretirement benefit items:        
Net actuarial loss 0 0 (8,078) 0
Amortization of net actuarial gain (11) (30) (36) (90)
Other (714) 0 347 0
Total pension and other postretirement benefit items (725) (30) (7,767) (90)
Other comprehensive income (loss) before tax 6,952 (33) (16,675) (90)
Income tax expense (benefit) related to components of other comprehensive income 1 0 (2,062) 0
Other comprehensive income (loss), net of tax 6,951 (33) (14,613) (90)
Comprehensive loss (24,497) (19,001) (564,498) (25,798)
Comprehensive loss attributable to redeemable noncontrolling interests (188) (505) (1,580) (954)
Comprehensive loss attributable to Gannett (24,309) (18,496) (562,918) (24,844)
Advertising and marketing services        
Operating revenues:        
Total operating revenues 405,227 184,078 1,249,156 582,320
Circulation        
Operating revenues:        
Total operating revenues 336,158 146,254 1,053,528 449,269
Other        
Operating revenues:        
Total operating revenues $ 73,154 $ 46,317 $ 227,539 $ 137,047