| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Revenues: Advertising | -- | 1,387.11 | 1,496.14 | 1,651.16 | 1,710.24 | 952.64 | 728.33 | 683.99 | 684.90 | 696.70 |
| Revenues: Circulation | -- | 927.82 | 1,084.64 | 1,249.67 | 1,392.00 | 704.84 | 574.96 | 474.32 | 421.50 | 378.26 |
| Revenues: Commercial printing and other | 1,405.66 | 348.62 | 364.53 | 307.25 | 303.43 | 210.42 | 222.73 | 183.69 | 148.96 | 120.86 |
| Revenues: Digital | 1,103.65 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Revenues | 2,509.32 | 2,663.55 | 2,945.30 | 3,208.08 | 3,405.67 | 1,867.91 | 1,526.02 | 1,342.00 | 1,255.36 | 1,195.82 |
| Operating costs | 1,545.58 | 1,692.03 | 1,860.35 | 1,901.56 | 2,034.27 | 1,079.59 | 865.23 | 742.82 | 699.31 | 656.56 |
| Depreciation and amortization | 156.29 | 162.62 | 182.02 | 203.96 | 263.82 | 111.88 | 84.79 | 74.39 | 67.77 | 67.75 |
| Goodwill impairment | -- | -- | -- | -- | -- | 100.74 | -- | 27.45 | -- | -- |
| Selling, general, and administrative | 726.03 | 735.34 | 852.49 | 902.06 | 999.79 | 606.92 | 505.28 | 448.33 | 414.98 | 406.28 |
| Acquisition costs | -- | -- | -- | -- | 11.15 | 60.62 | -- | -- | -- | -- |
| Integration and reorganization costs | 66.16 | 24.47 | 87.97 | 49.28 | 145.73 | 47.40 | 15.01 | 8.90 | 8.35 | 8.05 |
| Other operating expenses | (10.40) | (1.55) | (1.89) | (20.95) | -- | -- | -- | -- | -- | -- |
| Impairment of long-lived assets | -- | (1.37) | -- | (3.98) | (11.03) | (3.01) | (1.54) | (7.14) | -- | -- |
| Asset impairments | (46.59) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain (loss) on sale of assets | (1.11) | 40.10 | 6.88 | (17.21) | 5.68 | (4.72) | 3.97 | 1.65 | (3.56) | 51.05 |
| Mastheads impairment | -- | -- | (1.06) | -- | (393.45) | -- | -- | -- | -- | (4.80) |
| Operating Income (Loss) | (42.84) | 86.27 | (33.60) | 109.08 | (447.89) | (146.98) | 58.14 | 34.61 | 61.37 | 103.43 |
| Interest expense | 104.70 | 111.78 | 108.37 | 135.75 | 228.51 | 63.66 | 36.07 | 30.48 | 29.64 | 29.35 |
| Reorganization items, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of investments | -- | -- | -- | -- | 8.00 | -- | -- | -- | -- | -- |
| Gain (Loss) on derivative instruments | -- | -- | -- | -- | (74.33) | -- | -- | -- | -- | -- |
| Equity loss (income) in unconsolidated investees, net | 0.55 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other income (expense) | 1.32 | 5.43 | 5.71 | 18.70 | 8.50 | 9.51 | 0.84 | 0.20 | (2.41) | (0.35) |
| Gain (Loss) on early extinguishment of debt | 55.56 | 4.53 | 0.40 | (48.71) | (43.76) | (6.06) | (2.89) | (4.77) | -- | -- |
| Amortization of deferred financing costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | (2.71) |
| Non-operating pension income | 12.44 | 9.38 | 58.95 | 95.36 | 72.15 | -- | -- | -- | -- | -- |
| Loss on Convertible notes derivative | -- | -- | -- | (126.60) | -- | -- | -- | -- | -- | -- |
| Income (loss) before income taxes | (77.67) | (6.17) | (76.91) | (87.92) | (705.85) | (207.18) | 20.02 | (0.43) | 29.32 | 71.02 |
| Income tax expense (benefit) | (51.29) | 21.73 | 1.35 | 48.25 | (33.45) | (85.99) | 1.91 | 0.48 | (2.32) | 3.40 |
| State and local - current | -- | -- | -- | -- | -- | -- | 1.68 | 1.00 | 0.54 | -- |
| State and local - deferred | -- | -- | -- | -- | -- | -- | 2.92 | 0.10 | 0.05 | -- |
| U.S. Federal - Current | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- |
| U.S. Federal - Deferred | -- | -- | -- | -- | -- | -- | (2.69) | (0.62) | (2.91) | -- |
| Income (loss) from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 67.61 |
| Income (Loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income (loss) | (26.39) | (27.89) | (78.26) | (136.17) | (672.40) | (121.19) | 18.11 | -- | 31.64 | 67.61 |
| Net loss attributable to noncontrolling interest | (0.03) | (0.10) | (0.25) | (1.21) | (1.92) | (1.35) | (0.09) | -- | -- | -- |
| Net income (loss) attributable to New Media | (26.35) | (27.79) | (78.00) | (134.96) | (670.48) | (119.84) | 18.20 | (0.92) | 31.64 | 67.61 |
| Income (loss) per share: Basic - Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.53 |
| Income (loss) per share: Basic - attributable to New Media | (0.18) | (0.20) | (0.57) | (1.00) | (5.09) | (1.77) | 0.31 | (0.02) | 0.70 | 1.53 |
| Income (loss) per share: Diluted - Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.52 |
| Income (loss) per share: Diluted - attributable to New Media | (0.18) | (0.20) | (0.57) | (1.00) | (5.09) | (1.77) | 0.31 | (0.02) | 0.70 | 1.52 |
| Weighted average shares outstanding - Basic | 142.52 | 139.63 | 136.90 | 134.78 | 131.74 | 67.67 | 58.01 | 53.01 | 45.23 | 44.23 |
| Weighted average shares outstanding - Diluted | 142.52 | 139.63 | 136.90 | 134.78 | 131.74 | 67.67 | 58.40 | 53.01 | 45.32 | 44.38 |