TGNA · As filed with the SEC
Tegna cash flow statement, by fiscal year
The statement as Tegna presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net income | 219,472,000 | 599,043,000 | 476,347,000 | 631,198,000 |
| Adjustments to reconcile net income to net cash flow from operating activities: | ||||
| Depreciation | 61,646,000 | 59,935,000 | 59,769,000 | 61,195,000 |
| Amortization of intangible assets | 35,347,000 | 53,600,000 | 53,467,000 | 59,882,000 |
| Employee stock-based compensation awards | 26,178,000 | 38,532,000 | 24,497,000 | 30,481,000 |
| Company stock 401(k) match contributions | 16,416,000 | 18,702,000 | 18,629,000 | 18,661,000 |
| Amortization of deferred financing costs, debt discounts and premiums | 5,644,000 | 6,193,000 | 7,058,000 | 6,919,000 |
| Gains on assets | — | — | (25,809) | (18,308) |
| Gain on investment sales | 0 | (153,626,000) | — | — |
| Provision for deferred income taxes | 14,626,000 | (3,807,000) | 19,737,000 | 17,476,000 |
| Merger termination fee | — | — | (136,000) | — |
| Equity loss in unconsolidated investments, net | — | 946 | 877 | 4,473 |
| Merger termination fee | 0 | 0 | — | — |
| Pension expense, net of employer contributions | 1,789,000 | 9,514,000 | 5,559,000 | (3,487,000) |
| Change in operating assets and liabilities, net of acquisitions: | ||||
| Decrease in trade receivables | 99,000 | 22,071,000 | 34,726,000 | (15,365,000) |
| Increase (decrease) in accounts payable | 5,938,000 | (27,613,000) | 38,739,000 | 3,216,000 |
| Increase (decrease) in interest and taxes payable | — | 43,550,000 | (14,977,000) | 15,330,000 |
| (Decrease) increase in interest and taxes payable | (66,220,000) | — | — | — |
| Increase (decrease) in deferred revenue | 4,573,000 | (2,973,000) | 2,810,000 | (2,151,000) |
| Changes in other assets and liabilities, net | 487,000 | 20,900,000 | 21,820,000 | 2,631,000 |
| Net cash flow from operating activities | 325,995,000 | 684,967,000 | 587,249,000 | 812,151,000 |
| Cash flows from investing activities: | ||||
| Purchase of property and equipment | (43,430,000) | (52,440,000) | (54,694,000) | (51,333,000) |
| Reimbursement from spectrum repacking | — | — | 0 | 323 |
| Reimbursements from spectrum repacking | — | 0 | — | — |
| Payments for acquisitions of businesses and assets, net of cash acquired | (1,745,000) | (54,249,000) | (1,150,000) | 0 |
| Payments for investments | (3,690,000) | (20,776,000) | (370,000) | (5,691,000) |
| Proceeds from investments | 3,201,000 | 158,976,000 | 28,105,000 | 4,997,000 |
| Proceeds from sale of assets | — | 258,000 | 120,000 | 472,000 |
| Proceeds from sale of assets | 690,000 | — | — | — |
| Net cash flow (used for) provided by investing activities | (44,974,000) | 31,769,000 | (27,989,000) | (51,232,000) |
| Cash flows from financing activities: | ||||
| Debt repayment | (550,000,000) | — | — | — |
| Repurchase of Common Stock | 0 | (274,827,000) | (652,914,000) | — |
| Debt repayments | — | — | 0 | 0 |
| Payments for debt issuance and premiums for early redemption costs | — | — | 0 | 0 |
| Proceeds from sale of minority ownership interest in Premion | — | — | — | 0 |
| Other, net | — | — | (13,457) | (15,471) |
| Payments under revolving credit facilities, net | — | 0 | 0 | (166,000) |
| Dividends paid | (80,459,000) | (81,364,000) | (83,534,000) | (84,756,000) |
| Proceeds from borrowings | — | — | — | 0 |
| Payments for debt issuance costs | 0 | (6,448,000) | — | — |
| Payments for acquisition-related earnout consideration | (6,364,000) | (4,667,000) | — | — |
| Repurchase of noncontrolling interest in Premion | (20,845,000) | — | — | — |
| Payments for tax withholding related to vested stock-based compensation awards and share repurchase excise tax | (25,327,000) | (17,252,000) | — | — |
| Net cash flow used for financing activities | (682,995,000) | (384,558,000) | (749,905,000) | (266,227,000) |
| (Decrease) increase in cash and cash equivalents | (401,974,000) | 332,178,000 | (190,645,000) | 494,692,000 |
| Balance of cash and cash equivalents at beginning of year | 693,214,000 | 361,036,000 | 551,681,000 | 56,989,000 |
| Balance of cash and cash equivalents at end of year | 291,240,000 | 693,214,000 | 361,036,000 | 551,681,000 |
| Supplemental cash flow information: | ||||
| Cash paid for income taxes, net of refunds | 113,142,000 | 134,123,000 | 126,138,000 | 171,095,000 |
| Cash paid for interest | 161,244,000 | 164,406,000 | 166,132,000 | 167,533,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.