In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 10-Q | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Revenues: |
Publishing | | | | 670.4 | 746.8 | 715.8 | | 699.6 |
Total advertising and marketing services | 353.3 | | 383.6 | 375.1 | 430.7 | 412.0 | 420.1 | 388.4 |
Advertising and marketing services | 353.3 | | 383.6 | 375.1 | 430.7 | 412.0 | 309.5 | 388.4 |
Print advertising | 149.3 | | 173.5 | 173.5 | 208.1 | 190.0 | 200.9 | 193.2 |
Total revenues [+] | 672.4 | 730.7 | 748.7 | 748.1 | 826.5 | 800.2 | 804.3 | 777.1 |
Other | -2.6 | | 1.5 | 0.5 | -0.6 | 1.1 | -0.3 | -0.6 |
Revenue growth [+] | -10.2% | -11.6% | -6.9% | -3.7% | -5.6% | -1.8% | 4.9% | -18.1% |
Publishing | | | | -4.2% | -6.0% | -2.2% | | -18.5% |
Total advertising and marketing services | -7.9% | | -8.7% | -3.4% | -6.6% | 1.7% | 17.7% | -20.3% |
Advertising and marketing services | -7.9% | | 24.0% | -3.4% | -6.6% | 1.7% | -13.3% | -20.3% |
Print advertising | -13.9% | | -13.7% | -10.2% | -12.5% | -8.7% | 6.8% | -27.9% |
Digital advertising and marketing services | -2.9% | | -4.1% | 3.3% | -0.3% | 12.6% | 29.9% | -11.0% |
Cost of goods sold | 426.1 | 455.1 | 476.0 | 469.9 | 470.3 | 480.3 | 473.2 | 477.8 |
Gross profit | 246.3 | 275.5 | 272.7 | 278.2 | 356.2 | 319.9 | 331.1 | 299.3 |
Gross margin | 36.6% | 37.7% | 36.4% | 37.2% | 43.1% | 40.0% | 41.2% | 38.5% |
Selling, general and administrative [+] | 184.1 | 190.3 | 227.8 | 221.8 | 249.9 | 225.6 | 222.9 | 203.7 |
General and administrative | | | | | 249.9 | | | |
Other selling, general and administrative | | | | | | | | |
Other operating expenses | -2.3 | 3.0 | -2.0 | -1.4 | 20.2 | -2.1 | 0.5 | 11.4 |
EBITDA [+] | 64.4 | 82.2 | 46.8 | 57.7 | 86.2 | 96.4 | 107.7 | 84.2 |
EBITDA growth | 37.7% | -4.5% | -56.5% | -31.4% | -39.6% | 34.5% | 59.9% | 3.9% |
EBITDA margin | 9.6% | 11.3% | 6.2% | 7.7% | 10.4% | 12.0% | 13.4% | 10.8% |
Depreciation and amortization | 39.8 | 39.9 | 49.5 | 47.8 | 49.5 | 48.1 | 48.2 | 58.1 |
EBIT [+] | 24.7 | 42.3 | -2.7 | 10.0 | 36.6 | 48.3 | 59.4 | 26.1 |
EBIT growth | -998.0% | 15.5% | -104.6% | -61.9% | -56.6% | 368.5% | 5944.8% | 757.2% |
EBIT margin | 3.7% | 5.8% | -0.4% | 1.3% | 4.4% | 6.0% | 7.4% | 3.4% |
Non-recurring items [+] | 11.1 | 27.6 | 18.5 | 11.9 | 12.1 | 17.2 | 14.0 | 18.2 |
Asset impairment | 1.2 | 0.0 | 0.1 | 0.9 | 0.8 | 2.3 | | 0.8 |
Restructuring charges | 7.3 | 27.5 | 15.7 | 11.4 | 13.8 | 13.6 | 8.4 | 13.4 |
Loss (gain) on sale of assets | 0.1 | | 0.4 | -2.8 | 8.0 | -0.8 | 5.3 | 4.7 |
Interest expense | 28.6 | 28.5 | 26.1 | 26.0 | 26.4 | 34.6 | 35.3 | 39.5 |
Interest expense | 28.6 | 28.5 | 26.1 | 26.0 | 26.4 | 34.6 | 35.3 | 39.5 |
Other income (expense), net [+] | 3.7 | 15.1 | 15.8 | 17.3 | 15.7 | 21.0 | 22.2 | -120.2 |
Gain (loss) on debt retirement | | -2.7 | -0.7 | -2.7 | -22.7 | -3.8 | -2.8 | -19.4 |
Unrealized gain/loss on derivatives | | | | | | | | 126.6 |
Other | 1.4 | 4.9 | -1.6 | 1.8 | 14.7 | 0.9 | 1.1 | 1.9 |
Pre-tax income | -11.4 | 1.4 | -31.5 | -10.7 | 14.0 | 17.5 | 32.4 | -151.8 |
Income taxes | 1.3 | -31.3 | 22.2 | -7.6 | 36.7 | 3.0 | 17.7 | -9.1 |
Tax rate | | | | 71.0% | 262.8% | 17.0% | 54.6% | 6.0% |
Minority interest | 0.0 | -0.1 | 0.0 | -0.1 | -1.2 | | -0.4 | -0.4 |
Net income | -12.7 | 0.0 | -53.7 | -3.0 | -21.5 | 14.5 | 15.1 | -142.3 |
Net margin | -1.9% | 0.0% | -7.2% | -0.4% | -2.6% | 1.8% | 1.9% | -18.3% |
|
Basic EPS [+] | ($0.09) | | ($0.39) | ($0.02) | ($0.16) | $0.11 | $0.11 | ($1.06) |
Growth | -76.8% | | -449.0% | -98.0% | -82.6% | -145.3% | -103.4% | 71.9% |
Diluted EPS [+] | ($0.09) | | ($0.39) | ($0.02) | ($0.16) | $0.06 | $0.06 | ($1.06) |
Growth | -76.8% | | -715.2% | -98.0% | -82.6% | -125.5% | -101.9% | 71.9% |
|
|
Shares outstanding (basic) [+] | 139.8 | | 137.1 | 136.4 | 134.8 | 135.0 | 134.7 | 134.1 |
Growth | 1.9% | | 1.8% | 1.8% | 2.3% | 2.1% | 2.5% | 2.7% |
Shares outstanding (diluted) [+] | 139.8 | | 137.1 | 136.4 | 134.8 | 239.5 | 237.5 | 134.1 |
Growth | 1.9% | | -42.3% | 1.8% | 2.3% | 81.1% | 80.7% | 2.7% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |