New Media Investment Group Inc. (NEWM) financial statements (2021 and earlier)

Company profile

Business Address 1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105
State of Incorp.
Fiscal Year End December 31
SIC 2711 - Newspapers: Publishing, or Publishing and Printing (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1711564943172147
Cash and cash equivalents1711564943172147
Restricted cash and investments11224337
Receivables314439(8)(6)(5)(4)
Inventory, net of allowances, customer advances and progress billings355525191816
Inventory355525191816
Prepaid expense  24231915
Other current assets  22232012
Other undisclosed current assets105108182158144141
Total current assets:637779298263370332
Noncurrent Assets
Operating lease, right-of-use asset290309
Property, plant and equipment590816340373381385
Intangible assets, net (including goodwill), including:1,3591,927427339323475
Goodwill534914311237228171
Intangible assets, net (excluding goodwill)8251,013   304
Other undisclosed intangible assets, net (including goodwill)  11610395 
Deferred income tax assets9076
Other noncurrent assets14311310756
Other undisclosed noncurrent assets  3703012573
Total noncurrent assets:2,4723,2411,1461,020966868
TOTAL ASSETS:3,1094,0201,4441,2841,3361,200
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities155340130113103109
Accounts payable132 17162010
Accrued liabilities 307114978399
Employee-related liabilities2333    
Deferred revenue186219
Debt1283123144
Deferred revenue and credits887862
Other liabilities4943   1
Other undisclosed current liabilities224114105   
Total current liabilities:741718248204196176
Noncurrent Liabilities
Long-term debt and lease obligation1,7461,934428357339353
Long-term debt, excluding current maturities1,4721,636428357339353
Operating lease, liability274298
Liabilities, other than long-term debt25838141403924
Deferred tax liabilities, net   4
Deferred income tax liabilities79
Liability, pension and other postretirement and postemployment benefits10023624252611
Other liabilities1521361615139
Other undisclosed noncurrent liabilities 3888 
Total noncurrent liabilities:2,0052,318477405385378
Total liabilities:2,7463,037725609581553
Temporary equity, carrying amount(1)22   
Stockholders' equity
Stockholders' equity attributable to parent364981717674755647
Common stock111110
Treasury stock, value(5)(3)(2)(1)(0) 
Additional paid in capital1,1041,091722683743605
Accumulated other comprehensive income (loss)508(7)(5)(4)(3)
Retained earnings (accumulated deficit)(786)(116)4(3)1645
Total stockholders' equity:364981717674755647
TOTAL LIABILITIES AND EQUITY:3,1094,0201,4441,2841,3361,200

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,4061,8681,5261,3421,255 
Revenue, net1,3421,255 
Cost of revenue(2,298)(1,199)    
Cost of goods and services sold(2,034)(1,080)    
Gross profit:1,1086691,5261,3421,255 
Operating expenses(1,555)(816)(1,371)(1,191)(1,114)(9)
Other undisclosed operating loss  (97)(116)(80) 
Operating income (loss):(448)(147)583561(9)
Nonoperating income (expense)(258)(60)10(2) 
Other nonoperating income (expense) 1010(2) 
Interest and debt expense(44)(6)(39)(35)(30) 
Income (loss) from continuing operations before equity method investments, income taxes:(750)(213)20(0)29(9)
Other undisclosed income from continuing operations before income taxes446    
Income (loss) from continuing operations before income taxes:(706)(207)20(0)29(9)
Income tax expense (benefit)3386(2)(0)2 
Net income (loss):(672)(121)18(1)32(9)
Net income attributable to noncontrolling interest210   
Net income (loss) available to common stockholders, diluted:(670)(120)18(1)32(9)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(672)(121)18(1)32(9)
Other comprehensive income (loss)4215(1)(1)(1) 
Comprehensive income (loss):(630)(106)17(2)31(9)
Comprehensive income, net of tax, attributable to noncontrolling interest210   
Comprehensive income (loss), net of tax, attributable to parent:(629)(105)17(2)31(9)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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