v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Treasury stock
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2024   158,836,000          
Beginning balance at Dec. 31, 2024 $ 152,634 $ 1,588 $ 1,281,801 $ (56,164) $ (1,053,546) $ (20,540) $ (505)
Beginning balance (in shares) at Dec. 31, 2024           11,447,000  
Increase (Decrease) in Stockholders' Equity              
Net (loss) income attributable to USA TODAY Co. 31,816       31,809   7
Other comprehensive income (loss), net [1] 8,474     8,474      
Share-based compensation expense 6,838   6,838        
Issuance of common stock (in shares)   324,000          
Issuance of common stock 128 $ 3 125        
Equity component - 2027 Notes (2,043)   (2,043)        
Restricted stock awards settled, net of withholdings (in shares)   496,000          
Restricted stock awards settled, net of withholdings (1,067) $ 5 (1,072)        
Performance stock units settled, net of withholdings (in shares)   232,000          
Performance stock units settled, net of withholdings (520) $ 3 (523)        
Tax withholding on vested share-based awards (in shares)           966,000  
Tax withholding on vested share-based awards (3,064)         $ (3,064)  
Forfeiture of restricted shares (in shares)           366,000  
Forfeiture of restricted shares (3)         $ (3)  
Other activity 318   318        
Ending balance (in shares) at Sep. 30, 2025   159,888,000          
Ending balance at Sep. 30, 2025 193,511 $ 1,599 1,285,444 (47,690) (1,021,737) $ (23,607) (498)
Ending balance (in shares) at Sep. 30, 2025           12,779,000  
Beginning balance (in shares) at Jun. 30, 2025   159,381,000          
Beginning balance at Jun. 30, 2025 236,589 $ 1,594 1,284,699 (43,111) (982,488) $ (23,607) (498)
Beginning balance (in shares) at Jun. 30, 2025           12,751,000  
Increase (Decrease) in Stockholders' Equity              
Net (loss) income attributable to USA TODAY Co. (39,249)       (39,249)    
Other comprehensive income (loss), net [2] (4,579)     (4,579)      
Share-based compensation expense 1,877   1,877        
Issuance of common stock (in shares)   11,000          
Issuance of common stock 44   44        
Restricted stock awards settled, net of withholdings (in shares)   496,000          
Restricted stock awards settled, net of withholdings (1,067) $ 5 (1,072)        
Forfeiture of restricted shares (in shares)           28,000  
Forfeiture of restricted shares 0            
Other activity (104)   (104)        
Ending balance (in shares) at Sep. 30, 2025   159,888,000          
Ending balance at Sep. 30, 2025 $ 193,511 $ 1,599 1,285,444 (47,690) (1,021,737) $ (23,607) (498)
Ending balance (in shares) at Sep. 30, 2025           12,779,000  
Beginning balance (in shares) at Dec. 31, 2025 147,124,756 159,912,000          
Beginning balance at Dec. 31, 2025 $ 154,612 $ 1,599 1,287,821 (58,905) (1,051,797) $ (23,607) (499)
Beginning balance (in shares) at Dec. 31, 2025 12,787,396         12,787,000  
Increase (Decrease) in Stockholders' Equity              
Net (loss) income attributable to USA TODAY Co. $ 24,419       24,411   8
Other comprehensive income (loss), net [1] (4,032)     (4,032)      
Share-based compensation expense 7,202   7,202        
Equity transaction with former partner [3] (28,475)   (28,475)        
Issuance of common stock (in shares)   120,000          
Issuance of common stock 60 $ 1 59        
Shares issued to settle share-based awards 0   (2,024)     $ 2,024  
Shares issued to settle share-based awards (in shares)           (1,015,000)  
Tax withholding on vested share-based awards (in shares)           410,000  
Tax withholding on vested share-based awards (7,291)   (4,547)     $ (2,744)  
Shares issued to non-employee directors 30   20     $ 10  
Shares issued to non-employee directors (in shares)           (5,000)  
Forfeiture of restricted shares (in shares)           17,000  
Forfeiture of restricted shares 0            
Other activity $ (95)   (95)        
Ending balance (in shares) at Sep. 30, 2026 147,837,915 160,032,000          
Ending balance at Sep. 30, 2026 $ 146,430 $ 1,600 1,259,961 (62,937) (1,027,386) $ (24,317) (491)
Ending balance (in shares) at Sep. 30, 2026 12,194,322         12,194,000  
Beginning balance (in shares) at Jun. 30, 2026   160,032,000          
Beginning balance at Jun. 30, 2026 $ 153,262 $ 1,600 1,263,881 (62,604) (1,022,781) $ (26,351) (483)
Beginning balance (in shares) at Jun. 30, 2026           13,214,000  
Increase (Decrease) in Stockholders' Equity              
Net (loss) income attributable to USA TODAY Co. (4,613)       (4,605)   (8)
Other comprehensive income (loss), net [2] (333)     (333)      
Share-based compensation expense 2,630   2,630        
Shares issued to settle share-based awards 0   (2,024)     $ 2,024  
Shares issued to settle share-based awards (in shares)           (1,015,000)  
Tax withholding on vested share-based awards (4,547)   (4,547)        
Shares issued to non-employee directors 30   20     $ 10  
Shares issued to non-employee directors (in shares)           (5,000)  
Other activity $ 1   1        
Ending balance (in shares) at Sep. 30, 2026 147,837,915 160,032,000          
Ending balance at Sep. 30, 2026 $ 146,430 $ 1,600 $ 1,259,961 $ (62,937) $ (1,027,386) $ (24,317) $ (491)
Ending balance (in shares) at Sep. 30, 2026 12,194,322         12,194,000  
[1] For the nine months ended September 30, 2026 and 2025, net of an income tax provision of $0.7 million and an income tax benefit of $1.6 million, respectively.
[2] For the three months ended September 30, 2026 and 2025, net of an income tax provision of $45 thousand and $0.6 million, respectively.
[3] During the nine months ended September 30, 2026, the Company completed a transaction with a former partner which was accounted for as an equity transaction as we retained control of the business both before and after the transfer. Accordingly, no gain or loss or step-up in basis was recognized in the condensed consolidated statements of operations and comprehensive income (loss).