Supplemental equity and other information (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Basic and Diluted (Loss) Income per Share

The following table sets forth the information to compute basic and diluted (loss) income per share:


	Three months ended September 30,				Nine months ended September 30,
In thousands, except per share data	2026		2025		2026		2025
Net (loss) income attributable to USA TODAY Co.	$	(4,605)	$	(39,249)	$	24,411	$	31,809
Interest adjustment to Net (loss) income attributable to USA TODAY Co. related to assumed conversions of the:
2031 Notes	—		—		—		8,031

Net (loss) income attributable to USA TODAY Co. for diluted earnings per share	$	(4,605)	$	(39,249)	$	24,411	$	39,840

Basic weighted average shares outstanding	147,442		145,798		146,761		144,788
Effect of dilutive securities:
Restricted stock grants(a)	—		—		1,025		717
2031 Notes(b)	—		—		—		44,745

Diluted weighted average shares outstanding	147,442		145,798		147,786		190,250

(Loss) income per share attributable to USA TODAY Co. - basic	$	(0.03)	$	(0.27)	$	0.17	$	0.22
(Loss) income per share attributable to USA TODAY Co. - diluted	$	(0.03)	$	(0.27)	$	0.17	$	0.21

(a) Includes restricted stock awards and restricted stock units.

(b) Represents the total number of shares that would have been convertible for the nine months ended September 30, 2025, as stipulated in the 2031 Notes Indenture.

Schedule of Securities Excluded From Computation of Diluted Income per Share

The Company excluded the following securities from the computation of diluted (loss) income per share because their effect would have been antidilutive:


	Three months ended September 30,		Nine months ended September 30,
In thousands	2026	2025	2026	2025
Restricted stock grants(a)	5,650	5,373	—	2,065
2031 Notes(b)	44,745	44,745	44,745	—
2027 Notes(c)	4,822	4,822	4,822	4,822
Stock options	4,716	4,716	4,716	4,716

(a)Includes restricted stock awards and restricted stock units.

(b)Represents the total number of shares that would have been convertible for the three and nine months ended September 30, 2026 and the three months ended September 30, 2025 as stipulated in the 2031 Notes Indenture.

(c)Represents the total number of shares that would have been convertible for the three and nine months ended September 30, 2026 and 2025 as stipulated in the 2027 Notes Indenture.

Schedule of Accumulated Other Comprehensive Loss, Net of Tax

The following tables summarize the components of, and the changes in, Accumulated other comprehensive loss, net of tax:


	Nine months ended September 30, 2026						Nine months ended September 30, 2025
In thousands	Pension and postretirement benefit plans		Foreign currency translation		Total		Pension and postretirement benefit plans		Foreign currency translation		Total
Beginning balance	$	(74,007)	$	15,102	$	(58,905)	$	(54,953)	$	(1,211)	$	(56,164)
Other comprehensive income (loss) before reclassifications	2,194		(6,636)		(4,442)		(7,528)		15,856		8,328
Amounts reclassified from accumulated other comprehensive income(a)(b)	410		—		410		146		—		146
Current period other comprehensive income (loss)	2,604		(6,636)		(4,032)		(7,382)		15,856		8,474
Ending balance	$	(71,403)	$	8,466	$	(62,937)	$	(62,335)	$	14,645	$	(47,690)

(a)Amounts reclassified from accumulated other comprehensive income are included in the computation of net periodic benefit cost. See Note 7 — Pensions and other postretirement benefit plans.

(b)Amounts reclassified from accumulated other comprehensive income are recorded net of tax impacts of $154 thousand and $49 thousand for the nine months ended September 30, 2026 and 2025, respectively.