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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating revenues:    
Total operating revenues $ 948,682 $ 387,599
Operating expenses:    
Operating costs 566,463 229,495
Selling, general and administrative expenses 299,137 129,050
Depreciation and amortization 78,024 20,923
Integration and reorganization costs 28,254 5,798
Acquisition costs 5,969 772
Impairment of long-lived assets 0 1,207
Loss on sale or disposal of assets 657 1,789
Total operating expenses 978,504 389,034
Operating loss (29,822) (1,435)
Non-operating (income) expense:    
Interest expense 57,899 10,134
Loss on early extinguishment of debt 805 0
Other income (16,899) (260)
Non-operating expense 41,805 9,874
Net loss before income taxes (71,627) (11,309)
Provision (benefit) for income taxes 8,979 (1,954)
Net loss (80,606) (9,355)
Net loss attributable to redeemable noncontrolling interests (454) (249)
Net loss attributable to Gannett $ (80,152) $ (9,106)
Loss per share attributable to Gannett – basic (in dollars per share) $ (0.61) $ (0.15)
Loss per share attributable to Gannett– diluted (in dollars per share) (0.61) (0.15)
Dividend declared per share (in dollars per share) $ 0.00 $ 0.38
Other comprehensive 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)
Other comprehensive loss before tax (13,081) (30)
Income tax effect related to components of other comprehensive income 4 0
Other comprehensive loss, net of tax (13,077) (30)
Comprehensive loss (93,683) (9,385)
Comprehensive loss attributable to redeemable noncontrolling interests (454) (249)
Comprehensive loss attributable to Gannett (93,229) (9,136)
Advertising and marketing services    
Operating revenues:    
Total operating revenues 487,010 193,544
Circulation    
Operating revenues:    
Total operating revenues 374,723 152,165
Other    
Operating revenues:    
Total operating revenues $ 86,949 $ 41,890