LEE ENTERPRISES, Inc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $35.0m $27.5m $45.8m $14.3m ($3.1m) $22.8m ($2.0m) ($5.3m) ($25.8m) ($37.6m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $36.0m $28.6m $47.0m $15.9m ($1.3m) $24.8m $97k ($2.7m) ($23.6m) ($35.7m)
Net Income (Loss) Attributable to Noncontrolling Interest $1.1m $1.1m $1.3m $1.6m $1.8m $2.0m $2.1m $2.5m $2.3m $1.8m
Depreciation, Depletion and Amortization $43.4m $41.3m $31.8m $29.3m $36.1m $42.8m $36.5m $30.6m $27.6m $18.8m
Amortization of Debt Issuance Costs $5.5m $4.4m $4.8m $5.8m $11.3m $0
Amortization of Intangible Assets $26.1m $25.3m $22.2m $19.0m $17.2m $11.2m
Depreciation $17.3m $16.0m $31.8m $29.3m $36.1m $42.8m $14.4m $11.6m $10.4m $7.7m
Deferred Income Tax Expense (Benefit) $20.7m $10.4m ($17.4m) ($2.0m) ($3.6m) $5.1m ($4.4m) ($4.5m) ($10.5m) ($6.9m)
Share-based Payment Arrangement, Noncash Expense $1.6m $1.3m $854k $1.3m $1.8m $1.8m $1.8m
Share-based Payment Arrangement, Expense $2.3m $2.1m $1.9m $1.6m $1.0m $854k $1.3m $1.8m $1.8m $1.8m
Goodwill, Impairment Loss $0 $0 $0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $818k $2.0m $0 $972k $787k $14.2m $7.7m $7.8m $7.0m
Operating Lease, Impairment Loss $7.8m
Gain (Loss) on Disposition of Property Plant Equipment $3.1m $3.7m ($6.4m) ($2.5m) $5.4m ($8.2m) ($9.7m) ($1.9m) ($11.2m) $4.0m
Gain (Loss) on Extinguishment of Debt ($1.2m) $0
Income (Loss) from Equity Method Investments $8.5m $7.6m $9.2m $7.1m $3.4m $6.4m $5.7m $6.5m $4.6m $4.3m
Income Tax Expense (Benefit) $22.2m $11.6m ($16.2m) $7.9m $4.1m $7.2m $698k ($349k) ($7.6m) ($6.9m)
Interest Expense Nonoperating $41.2m $40.5m
Operating Lease, Expense $5.0m $7.5m
Other Nonoperating Income (Expense) ($6.7m) $10.1m $450k $3.8m $12.3m $9.3m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($3.8m) ($546k) $1.2m ($465k) ($1.4m)
Additional Financial Items
Fair Value, Option, Changes in Fair Value, Gain (Loss) $7.5m $10.2m $226k
Gain (Loss) Related to Litigation Settlement $30.6m $0 $0
Goodwill $243.7m $246.4m $246.2m $250.3m $328.4m $330.2m $329.5m $329.5m $328.0m $323.9m
Nonoperating Income (Expense) ($45.8m) ($52.3m) ($57.7m) ($50.9m) ($47.4m) ($24.5m) ($24.1m) ($40.3m) ($35.7m) ($38.0m)
Operating Expenses $518.9m $482.0m $464.7m $442.2m $571.1m $744.5m $761.8m $660.5m $611.4m $571.3m
Payments of Financing Costs $422k $373k $437k
Revenue from Contract with Customer, Including Assessed Tax $509.9m $618.0m $794.6m $781.0m $691.1m $611.4m $562.3m
Net Cash Provided by (Used in) Operating Activities $79.2m $72.3m $59.3m $57.7m $49.9m $50.1m $3.4m ($2.5m) $1.1m ($5.5m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $7.1m $4.1m $6.0m $5.9m $8.1m $7.5m $7.5m $5.1m $9.2m $1.5m
Payments to Acquire Businesses, Net of Cash Acquired $7.5m $0 $131.0m $0 $0
Payments for (Proceeds from) Other Investing Activities $500k $498k $1.9m $476k $453k $386k ($1.8m) $517k $0
Net Cash Provided by (Used in) Investing Activities $34.5m ($9.5m) ($72k) ($10.9m) ($118.2m) ($2.3m) $6.3m $8.0m $3.7m $7.7m
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $5.0m $5.0m $10.0m $600k $576.0m $0 $0
Repayments of Long-term Debt $112.5m $73.8m $73.5m $41.8m $443.6m $0 $0
Net Cash Provided by (Used in) Financing Activities ($69.2m) ($64.5m) ($43.5m) $93.4m ($55.4m) ($19.7m) ($7.1m) ($9.8m) ($1.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $25.1m ($7.6m) ($9.9m) ($1.6m) ($5.0m) $391k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $16.2m $14.5m $9.6m
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $269k $1.2m $464k $8.4m $446k $7.6m $5.3m $3.7m $7.4m $2.9m