0001413898-24-000010 | 10-K | XBRL Viewer

Balance at January 1

Decrease related to statute of limitations expiring

Balance at December 31

Print Document View Excel Document

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Aug. 16, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Tax [Line Items]
Income tax provision		$ 464	$ 558
Income tax paid, net		594	619
Net operating loss carryforward		11,468	10,063
Tax benefit recognized from the release of a federal uncertain tax reserve		66
Changes in valuation allowance		1,088
Income tax, interest income (expense)		$ 36	(4)
Income tax, penalty expense			5
Income tax examination accrued interest and penalty			$ 36
Effective income tax rate		(7.00%)	(6.00%)
Inflation Reduction Act [Member]
Income Tax [Line Items]
Corporate alternative minimum tax rate	15.00%
Excise tax rate	1.00%
Other Deferred Tax Assets [Member]
Income Tax [Line Items]
Changes in valuation allowance		$ (238)
Federal [Member]
Income Tax [Line Items]
Net operating loss carryforward		54,209
Federal [Member] \| Net Operating Loss Carryforward Expiring In 2037 [Member]
Income Tax [Line Items]
Net operating loss carryforward		17,528
Federal [Member] \| Net Operating Loss Carryforward With No Expiration [Member]
Income Tax [Line Items]
Net operating loss carryforward		$ 36,681
Net operating loss maximum annual utilization of taxable income, percent		80.00%
State and Local Jurisdiction [Member] \| Net Operating Loss Carryforward Expiring In Twenty Thirty Four [Member]
Income Tax [Line Items]
State net operating loss carryforward		$ 2,166

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Allowance for doubtful accounts receivable	$ 207	$ 490
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	31,250,000	31,250,000
Series A [Member]
Common stock, shares, issued	5,216,317	5,216,237
Series B [Member]
Common stock, shares, issued	614,638	614,718
Treasury Stock [Member] \| Series A [Member]
Treasury stock Series A, shares held	478,465	478,465

Pension and Other Retirement Plans

12 Months Ended

Dec. 31, 2023

Pension and Other Retirement Plans [Abstract]

Pension and Other Retirement Plans

Note 6: Pension and Other Retirement Plans

Defined Benefit Plans. The Company sponsors the DallasNews Pension Plans (the “Pension Plans”), which provide benefits to approximately 1,340 current and former employees of the Company. DallasNews Pension Plan I provides benefits to certain current and former employees primarily employed with The Dallas Morning News or the DallasNews corporate offices. DallasNews Pension Plan II provides benefits to certain former employees of The Providence Journal Company. This obligation was retained by the Company upon the sale of the newspaper operations of The Providence Journal. No additional benefits are accruing under the DallasNews Pension Plans, as future benefits were frozen.

The Company is the sole sponsor of the Pension Plans and is required to meet certain pension funding requirements as established under the Employment Retirement Income Security Act (“ERISA”). Instability in global and domestic capital markets may result in low returns on the assets contributed to the Pension Plans. Additionally, low yields on corporate bonds may decrease the discount rate, resulting in a higher funding obligation. Although legislation was enacted into law in 2012, which provided limited funding relief, market conditions could materially increase the funding requirements associated with the Pension Plans, with an adverse effect on the Company’s liquidity and financial condition. The Company was not required to make contributions to the DallasNews Pension Plans in 2023 and 2022 under ERISA. In August 2022, the Company made a board approved voluntary contribution of $5,000 to the Pension Plans, reflected in long-term pension liabilities in the Consolidated Balance Sheets. The Company will continue to evaluate the feasibility of de-risking strategies based on the economic benefits to the Company.

Actuarial gains (losses) of $1,199 and $(9,818) were recorded to other comprehensive income (loss) in 2023 and 2022, respectively, related to the Pension Plans; see Note 7 – Shareholders’ Equity for information on amounts recorded to accumulated other comprehensive loss.

‎

The table below sets forth summarized financial information about the DallasNews Pension Plans.



	2023		2022
Change in Projected Benefit Obligation
Projected benefit obligation at beginning of year	$	169,544	$	219,364
Interest cost		7,972		5,311
Actuarial loss (gain)		2,212		(42,425)
Benefit payments		(12,648)		(12,706)
Projected benefit obligation at end of year		167,080		169,544
Change in Plan Assets
Fair value of plan assets at beginning of year		150,089		205,089
Return on plan assets		12,286		(47,294)
Employer contributions		—		5,000
Benefit payments		(12,648)		(12,706)
Fair value of plan assets at end of year		149,727		150,089
Funded Status	$	(17,353)	$	(19,455)
Amounts Recorded on the Balance Sheet
Long-term pension liabilities	$	17,353	$	19,455
Accumulated Benefit Obligation	$	167,080	$	169,544

Net Periodic Pension Expense (Benefit)

The projected benefit obligations of the DallasNews Pension Plans are estimated using the FTSE Pension Discount Curve, which is based upon a portfolio of high-quality corporate debt securities with maturities that correlate to the expected timing of estimated benefit payments to the Pension Plans’ participants. Future estimated benefit payments are discounted to their present value at the appropriate yield curve spot rate to determine the projected benefit obligation outstanding at each year end. The single equivalent discount rate as of December 31, 2023, was 4.7 percent and 4.9 percent for December 31, 2022. The actuarial net losses in 2023 and significant gains in 2022 related to changes in the projected benefit obligation were primarily due to the movement in the discount rate.

Interest expense included in net periodic pension benefit is based on the FTSE Pension Discount Curve established at the beginning of the fiscal year. The discount rate for fiscal year 2023 and 2022 interest cost was 4.9 percent and 2.5 percent, respectively.

The Company assumed a 4.9 percent and 2.5 percent long-term return on the Pension Plans’ assets in 2023 and 2022, respectively. This return is based upon historical returns of similar investment pools having asset allocations consistent with the expected allocations of the DallasNews Pension Plans. Investment strategies for the Pension Plans’ assets are based upon factors such as the effective duration of the actuarial liabilities and market risks.

The Company’s estimates of net periodic pension expense or benefit are based on the expected return on plan assets, interest on the projected benefit obligations and the amortization of actuarial gains and losses that are deferred in accumulated other comprehensive loss. Participation in and accrual of new benefits to participants has been frozen since 2007 and, accordingly, on-going service costs are not a component of net periodic pension expense (benefit). For 2023, there are no unrecognized gains (losses) to amortize due to the total unrecognized gain (loss) falling below the amortization threshold. For 2022, based on the re-allocation of the Pension Plans’ assets, the Company assumed a lower rate of return on the assets resulting in net periodic pension expense.

The table below sets forth components of net periodic pension expense (benefit), which are included in other income (loss), net in the Consolidated Statements of Operations.



	Years Ended December 31,
	2023		2022
Interest cost	$	7,972	$	5,311
Expected return on plans' assets		(8,875)		(4,949)
Amortization of actuarial loss		—		526
Net periodic pension expense (benefit)	$	(903)	$	888

‎

Plan Assets

The Company is responsible for directing the investment strategies of the DallasNews Pension Plans’ assets. The investment strategies focus on asset class diversification, liquidity to meet benefit payments and an appropriate balance of long-term investment return and risks. In 2023, the Company reassessed its investment strategy and set the long-term targeted allocation of the Pension Plans’ assets to 40 percent in a growth portfolio and 60 percent in a liability hedging portfolio. In 2022, the long-term targeted allocation of the Pension Plans’ assets invested in equity and fixed income securities was approximately 5 percent and 95 percent, respectively. These targets are determined based on the effective duration of the actuarial liabilities, the expected long-term rate of return on assets, and expected market risks. Investment risk is continuously monitored and Pension Plans’ assets are rebalanced to target allocations to meet the Company’s strategy and the Pension Plans’ liquidity needs. At December 31, 2023, the Pension Plans’ assets in a growth portfolio and a liability hedging portfolio accounted for 39 percent and 61 percent of the total non-cash holdings, respectively.

The table below sets forth the DallasNews Pension Plans’ assets at fair value as of December 31, 2023 and 2022, with inputs used to develop fair value measurements.



	Fair Value Measurements Using
	Total				Quoted Price in ‎Active Markets ‎for Identical Assets ‎(Level I)				Significant Other ‎Observable Inputs ‎(Level II)				Significant ‎Unobservable ‎Inputs ‎(Level III)
Description	2023		2022		2023		2022		2023		2022		2023		2022
Cash and Money Market Funds	$	3,184	$	1,608	$	3,184	$	1,608	$	—	$	—	$	—	$	—
Equity Funds
U.S. equity securities		—		3,666		—		—		—		3,666		—		—
International equity securities		—		2,856		—		—		—		2,856		—		—
Global equity		48,715		—		—		—		48,715		—		—		—
Fixed Income Funds
Domestic corporate and government debt securities		89,556		72,194		—		—		89,556		72,194		—		—
Domestic corporate debt securities		—		69,243		—		—		—		69,243		—		—
International corporate and government debt securities		—		522		—		—		—		522		—		—
Global corporate and government debt securities		5,614		—		—		—		5,614		—		—		—
Other		2,658		—		—		—		2,658		—		—		—
Total	$	149,727	$	150,089	$	3,184	$	1,608	$	146,543	$	148,481	$	—	$	—

Inputs and valuation techniques used to measure the fair value of Pension Plans’ assets vary according to the type of asset being valued. Cash and money market funds are designated as Level I. Remaining investments are in commingled funds and fair values are determined by the fund manager primarily based upon closing market quotes of the assets. Equity securities held through units in these funds are monitored as to issuer and industry. As of December 31, 2023, there were no significant concentrations of equity or debt securities in any single issuer or industry.

Other

The table below sets forth the Company’s expected future pension benefit payments as of December 31, 2023.



Payment year	Expected ‎Benefit ‎Payments
2024	$	14,095
2025		14,017
2026		13,819
2027		13,629
2028		13,362
2029 - 2033		61,578

The Company currently does not expect to make contributions to the DallasNews Pension Plans in 2024 and no contributions are required to these plans in 2024 under ERISA; however, certain events or circumstances that in most instances are beyond the Company’s control could result in future mandatory contributions.

Other defined benefit plans. DallasNews also sponsors unfunded other post-employment benefit (the “OPEB”) plans, which provide health and life insurance benefits for certain retired employees. These plans were frozen subsequent to the separation from the Company’s former parent company; therefore, no future benefits accrue and on-going service costs are not a component of net periodic benefit cost. The Company recorded a liability of $996 and $982 related to the OPEB plans as of December 31, 2023 and 2022, respectively. A net periodic benefit cost of $4 and $22 in 2023 and 2022, respectively, was recorded to other income (loss), net. The net periodic benefit cost primarily represents amortization of actuarial gains (losses) and prior service costs, offset by interest expense associated with the actuarial liability. Actuarial gains (losses) of $(26) and $322 were recorded to other comprehensive income (loss) in 2023 and 2022, respectively; see Note 7 – Shareholders’ Equity.

Defined Contribution Plans. The DallasNews Savings Plan (the “Savings Plan”), a defined contribution 401(k) plan, covers substantially all employees of DallasNews. Participants may elect to contribute a portion of their pretax compensation as provided by the Savings Plan and the Internal Revenue Code. Employees can contribute up to 100 percent of their annual eligible compensation less required withholdings and deductions up to statutory limits. The Company provides an ongoing dollar-for-dollar match of eligible employee contributions, up to 1.5 percent of the employees’ compensation. The Company recorded expense of $716 and $739 in 2023 and 2022, respectively, for matching contributions to the Savings Plan.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480266/715-60-50-3

+ Details

Revenue (Disaggregated by Revenue Source) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 139,696	$ 150,651
Print Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenues	35,045	44,802
Digital Advertising And Marketing Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	23,993	24,865
Advertising And Marketing Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	59,038	69,667
Print Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	49,034	52,045
Digital Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,315	13,146
Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	65,349	65,191
Printing, Distribution And Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 15,309	$ 15,793

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

+ Details

Pension and Other Retirement Plans (Schedule of Defined Benefit Plans Disclosures) (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Defined Benefit Plan, Change in Plan Assets [Roll Forward]
Employer contributions	$ 5,000
Long-term pension liabilities		$ 17,353	$ 19,455
Pension Plans [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll forward]
Projected benefit obligation at beginning of year		169,544	219,364
Interest cost		7,972	5,311
Actuarial gain		2,212	(42,425)
Benefit payments		(12,648)	(12,706)
Projected benefit obligation at end of year		167,080	169,544
Defined Benefit Plan, Change in Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year		150,089	205,089
Return on plan assets		12,286	(47,294)
Employer contributions			5,000
Benefit payments		(12,648)	(12,706)
Fair value of plan assets at end of year		149,727	150,089
Funded status		(17,353)	(19,455)
Long-term pension liabilities		17,353	19,455
Accumulated benefit obligation		$ 167,080	$ 169,544

Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
Earnings Per Share (Narrative) (Details) - shares	Dec. 31, 2023	Dec. 31, 2022
Employee Stock Option [Member]
Antidilutive securities excluded from computation of earnings per share, amount	0	0
RSUs [Member]
Antidilutive securities excluded from computation of earnings per share, amount	0	0

Leases (Schedule of Components of Lease Cost and Supplemental Cash Flow Information for Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Lease Cost [Abstract]
Operating lease cost	$ 3,205	$ 4,088
Short-term lease cost	63	63
Variable lease cost	732	645
Sublease income	(811)	(1,155)
Total lease cost	3,189	3,641
Cash paid for operating leases included in operating activities	3,979	4,212
Right-of-use assets obtained in exchange for operating lease liabilities	$ 3,094	$ 424

Disposal of Assets (Narrative) (Details) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
	Jul. 29, 2022	May 31, 2019	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received			$ 22,400
(Loss) gain on sale/disposal of assets, net			(58)
Charter DMN Holdings, LP [Member] \| Dallas, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of real estate assets, amount		$ 28,000
Proceeds from sale of assets		4,597
Real estate assets selling costs		1,000
(Loss) gain on sale/disposal of assets, net		25,908
Current notes receivable		$ 22,400
Interest income			$ 616
Third Modification Agreement [Member] \| Charter DMN Holdings, LP [Member] \| Dallas, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received	$ 22,516

Shareholders' Equity

12 Months Ended

Dec. 31, 2023

Shareholders' Equity [Abstract]

Shareholders' Equity

Note 7: Shareholders’ Equity

Dividends. Quarterly dividends returned $3,426 and $11,454 to shareholders in 2023 and 2022, respectively. In August 2022, the Company’s board of directors declared a special, one-time $1.50 per share dividend, returning $8,029 to shareholders.

On December 7, 2023, the Company’s board of directors declared a $0.16 per share dividend to shareholders of record as of the close of business on February 9, 2024, paid on March 1, 2024.

Outstanding Shares. The Company had Series A and Series B common stock outstanding of 4,737,852 and 614,638, respectively, net of treasury shares at December 31, 2023. At December 31, 2022, the Company had Series A and Series B common stock outstanding of 4,737,772 and 614,718, respectively, net of treasury shares.

Accumulated Other Comprehensive Loss. Accumulated other comprehensive loss consists of actuarial gains and losses attributable to the DallasNews Pension Plans, gains and losses resulting from Pension Plans’ amendments and other actuarial experience attributable to OPEB plans. The Company records amortization of the components of accumulated other comprehensive loss in other income (loss), net in its Consolidated Statements of Operations. Gains and losses are amortized over the weighted average remaining life expectancy of the OPEB plans and Pension Plans’ participants.

The table below sets forth the changes in accumulated other comprehensive loss, net of tax, as presented in the Company’s consolidated financial statements.



	Years Ended December 31,
	2023						2022
	Total		Defined ‎benefit pension ‎plans		Other post- employment benefit plans		Total		Defined ‎benefit pension ‎plans		Other post- employment benefit plans
Balance, beginning of period	$	(41,380)	$	(41,777)	$	397	$	(32,406)	$	(32,485)	$	79
Amortization		(40)		—		(40)		522		526		(4)
Actuarial gains (losses)		1,173		1,199		(26)		(9,496)		(9,818)		322
Balance, end of period	$	(40,247)	$	(40,578)	$	331	$	(41,380)	$	(41,777)	$	397

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481004/946-505-50-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480237/815-40-50-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-16

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-18

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-18

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-18

+ Details

Pension and Other Retirement Plans (Narrative) (Details)		12 Months Ended
	Aug. 31, 2022 USD ($)	Dec. 31, 2023 USD ($) employee	Dec. 31, 2022 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 5,000,000
Actuarial gains (losses)		$ 1,173,000	$ (9,496,000)
401 (K) plan [Member]
Defined Contribution Plans
Maximum pretax contribution per employee		100.00%
Defined contribution plan, employer matching contribution, percent		1.50%
Expense recognized		$ 716,000	739,000
Other Post-Employment Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net periodic cost (benefit)		4,000	22,000
Recorded liabilities		996,000	982,000
Actuarial gains (losses)		$ (26,000)	$ 322,000
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate of projected benefit obligation		4.70%	4.90%
Discount rate, net periodic pension expense (benefit)		4.90%	2.50%
Expected long-term return on plan assets		4.90%	2.50%
Employer contributions			$ 5,000,000
Net periodic cost (benefit)		$ (903,000)	888,000
Actuarial gains (losses)		1,199,000	(9,818,000)
Amortization of actuarial loss		0	$ 526,000
Defined Benefit Plan, Estimated Future Employer Contributions
Estimated future employer contributions		$ 0
Defined Contribution Plans
Number of employee participants \| employee		1,340
Pension Plans [Member] \| Pension Pan, Equity Securities [Member]
Defined Benefit Plan, Assets, Target Allocations
Target allocation of plans' assets		40.00%	5.00%
Allocation of plans' assets		39.00%
Pension Plans [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan, Assets, Target Allocations
Target allocation of plans' assets			95.00%
Pension Plans [Member] \| Liability hedging assets [Member]
Defined Benefit Plan, Assets, Target Allocations
Target allocation of plans' assets		60.00%
Allocation of plans' assets		61.00%

Revenue (Tables)

12 Months Ended

Dec. 31, 2023

Revenue [Abstract]

Disaggregated by Revenue Source



	Years Ended December 31,
	2023		2022
Advertising and Marketing Services
Print advertising	$	35,045	$	44,802
Digital advertising and marketing services		23,993		24,865
Total	$	59,038	$	69,667

Circulation
Print circulation	$	49,034	$	52,045
Digital circulation		16,315		13,146
Total	$	65,349	$	65,191

Printing, Distribution and Other	$	15,309	$	15,793

Total Revenue	$	139,696	$	150,651

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating Activities
Net loss	$ (7,112)	$ (9,786)
Adjustments to reconcile net loss to net cash used for operating activities:
Depreciation	1,520	2,709
Net periodic costs and contributions related to employee benefit plans	(899)	(4,090)
Bad debt expense (benefit)	(65)	307
Deferred income taxes	11	(25)
Gain on short-term investments	(401)
Provision, interest and penalties for uncertain tax positions	(102)	9
Loss on sale/disposal of assets, net		58
Asset impairments		102
Changes in working capital and other operating assets and liabilities:
Accounts receivable	4,165	1,682
Inventories, prepaids and other current assets	1,545	(400)
Other assets	19	388
Accounts payable	(1,078)	(2,780)
Compensation and benefit obligations	(253)	(778)
Other accrued expenses	1,525	(170)
Contract liabilities	7	(1,088)
Other post-employment benefits	(56)	(71)
Net cash used for operating activities	(1,174)	(13,933)
Investing Activities
Purchases of assets	(1,148)	(1,627)
Purchases of short-term investments	(10,500)
Return on short-term investments	120
Note payment received for asset sales		22,400
Net cash provided by (used for) investing activities	(11,528)	20,773
Financing Activities
Dividends paid	(3,426)	(11,454)
Net cash used for financing activities	(3,426)	(11,454)
Net decrease in cash and cash equivalents	(16,128)	(4,614)
Cash and cash equivalents, beginning of period	27,825	32,439
Cash and cash equivalents, end of period	11,697	27,825
Supplemental Disclosures
Income tax paid, net	594	619
Noncash investing and financing activities:
Investments in property, plant and equipment payable	33
Dividends payable	$ 856	$ 856

Earnings Per Share (Schedule of Earnings Per Share Reconciliation) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Net loss available to common shareholders	$ (7,112)	$ (9,786)
Shares (Denominator)
Weighted average common shares outstanding (basic)	5,352,490	5,352,490
Loss Per Share
Basic	$ (1.33)	$ (1.83)

- Definition

The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-7

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-03(13))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-1

Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(20))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

Reference 15: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-3

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-10

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483581/946-220-45-7

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B

Reference 32: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-7

Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-28

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

Financial Instruments and Accounts Receivable, Net (Changes in Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit loss, Beginning Balance	$ 490
Current period benefit	(65)	$ 307
Write-offs charged against the allowance	(220)
Recoveries of amounts previously written-off	22
Other	(20)
Allowance for credit loss, Ending Balance	$ 207	$ 490

Significant Accounting Policies and Recently Issued Accounting Standards

12 Months Ended

Dec. 31, 2023

Significant Accounting Policies and Recently Issued Accounting Standards [Abstract]

Significant Accounting Policies and Recently Issued Accounting Standards

Note 1: Significant Accounting Policies and Recently Issued Accounting Standards

Description of Business. DallasNews Corporation and its subsidiaries are referred to collectively herein as “DallasNews” or the “Company.” DallasNews was formed in February 2008 through a spin-off from its former parent company and is registered on The Nasdaq Stock Market LLC (Nasdaq trading symbol: DALN). DallasNews is the Dallas-based holding company of The Dallas Morning News and Medium Giant.

The Company operates The Dallas Morning News (dallasnews.com), Texas’ leading newspaper and winner of nine Pulitzer Prizes. These operations generate revenue from sales of advertising within the Company’s newspaper and digital platforms, subscriptions and retail sales of its newspaper, commercial printing and distribution services primarily related to national newspapers.

In addition, the Company has a full-service agency, Medium Giant, with capabilities including strategy, creative and media management with a focus on strategic and digital marketing, and data intelligence that provide a measurable return on investment to its clients.

Employees. As of December 31, 2023, the Company had 601 employees of which approximately 20 percent are under a collective bargaining agreement that became effective on July 1, 2023. In the fourth quarter of 2023, the Company’s voluntary severance program closed, which resulted in 58 employees accepting the offer who will depart in 2024. Related severance expense of $2,607 is included in other accrued expense in the Consolidated Balance Sheet as of December 31, 2023.

Basis of Presentation. The consolidated financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and include the accounts of the Company and its majority owned subsidiaries over which the Company exercises control. All intercompany balances and transactions have been eliminated in consolidation. All dollar amounts presented herein, except share and per share amounts, are in thousands, unless the context indicates otherwise.

Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net operating revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.

Areas where estimates are used include valuation allowances for doubtful accounts, fair value measurements, pension plan assets, pension and other post-employment benefit obligation assumptions, income taxes, leases, self-insured liabilities, and assumptions related to long-lived assets impairment review. Estimates are based on past experience and other considerations reasonable under the circumstances. Actual results may differ from these estimates.

Segment Presentation. Based on the Company’s structure and organizational chart, the Company’s chief operating decision-maker (the “CODM”) is its Chief Executive Officer, Grant S. Moise. Based on how the Company’s CODM makes decisions about allocating resources and assessing performance, the Company determined it has one reportable segment.

Cash and Cash Equivalents. The Company considers all highly liquid instruments purchased with original maturities of three months or less to be cash equivalents. The Company places its cash and cash equivalents with high credit quality institutions. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.

Short-term Investments. In 2023, the Company invested in Certificates of Deposit (“CD’s”) with original maturities of more than 90 days but one year or less, included in short-term investments in the Consolidated Balance Sheet. These investments are classified as held-to-maturity and are valued at amortized cost, which approximates fair value.

Risk Concentration. The print media industry has encountered continuous declines in revenue primarily due to the secular shift of readers and advertisers to digital platforms. The Company has sought to limit its exposure to these industry risks through greater development of its digital platforms for delivery of news and advertising, and leveraging its brand and personnel to enhance its media agency solutions. However, these improvements may not result in a sufficient increase in revenue to offset the declines the Company is experiencing in its traditional print media business.

‎

A significant portion of the Company’s customer base is concentrated within the North Texas geographical area. The Company generally extends credit to customers, and the ultimate collection of accounts receivable could be affected by the national and local economy. Management continually performs credit evaluations of its customers and may require cash in advance or other special arrangements from certain customers. The Company maintains an allowance for losses based upon the collectability of accounts receivable. Management does not believe significant credit risk exists that could have a material adverse effect on the Company’s consolidated financial condition, liquidity or results of operations.

Inventories. Inventories, consisting primarily of newsprint, ink and other supplies used in printing newspapers, are recorded at the lower of cost or net realizable value. Cost is determined by the weighted average purchase price of the inventory acquired.

Property, Plant and Equipment. The Company records property, plant and equipment at cost or its fair value if acquired through a business acquisition or non-monetary exchange. Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets and depreciable assets are reviewed to ensure the remaining useful life of the assets continues to be appropriate. An adjustment resulting from a change in the estimated useful life of an asset is recorded to depreciation expense on a prospective basis.

The table below sets forth property, plant and equipment by type.



	December 31,				Estimated
	2023		2022		Useful Lives
Land	$	1,971	$	1,971
Buildings and improvements		85,718		85,714	5 - 30 years
Publishing equipment		173,994		173,646	3 - 20 years
Other		45,528		51,336	3 - 10 years
Construction in process		225		773
Total		307,436		313,440
Less accumulated depreciation		(300,337)		(306,002)
Property, plant and equipment, net	$	7,099	$	7,438

Long-Lived Assets. The Company evaluates its ability to recover the carrying value of property, plant and equipment, using the lowest level of separately identifiable cash flows associated with the assets, which are grouped based on the Company’s intended use of these assets. This evaluation is performed whenever a change in circumstances indicates that the carrying value of an asset group may not be recoverable. If the analysis of undiscounted future cash flows indicates the carrying value of the long-lived assets cannot be recovered, the assets are adjusted to the lower of carrying value or fair value.

During the year ended December 31, 2023, the Company performed a review of potential impairment indicators for its long-lived assets, including property, plant and equipment, and right-of-use assets. The Company determined there was no significant decrease in the market value of the long-lived assets or significant change in the extent or manner in which the asset group is being used or in its physical condition as of December 31, 2023, and there was no significant adverse change in legal factors or in the business climate during the period that could affect the value of the asset group. Based upon the review of indicators, the Company did not identify any events or changes in circumstances that indicate the carrying amount of long-lived assets may not be recoverable. In part this is due to the estimated fair value of certain land and buildings significantly exceeding their carrying value. See Note 4 – Leases for information on the right-of-use asset impairment that occurred in 2022.

Investments. The Company owns certain equity securities in private companies in which it does not exercise control. These investments are recorded under the cost method with a balance of $1,432 at December 31, 2023 and 2022, included in other assets, and the Company recognizes income or loss upon the receipt of dividends or distributions, or upon liquidation of the investment. The Company evaluates its ability to recover the carrying value of cost method investments based upon operating results and the financial strength of the investee. If the Company determines the carrying value is not recoverable, an impairment charge is recorded for the difference between the fair value of the investment and the carrying value.

Pension. The Company follows accounting guidance for single-employer defined benefit plans. Plan assets and the projected benefit obligation are measured each December 31, and the Company records as an asset or liability the net funded position of the plans. Certain changes in actuarial valuations related to returns on plan assets and projected benefit obligations are recorded to accumulated other comprehensive income (loss) and are amortized to net periodic pension expense (benefit) over the weighted average remaining life of plan participants, to the extent the cumulative balance in accumulated other comprehensive income (loss) exceeds 10 percent of the greater of the respective plan’s (a) projected benefit obligation or (b) the market-related value of the plan’s assets. Net periodic pension expense (benefit) is recognized each period by accruing interest expense on the projected benefit obligation and accruing a return on assets associated with the plan assets. Participation in and accrual of new benefits to participants has been frozen since 2007 and, accordingly, on-going service costs are not a component of net periodic pension expense (benefit).

‎

From time to time, the Company-sponsored plans may settle pension obligations with certain plan participants through the plans’ master trust as part of its de-risking strategies. The gains or losses associated with settlements of plan obligations to participants are recognized to earnings if such settlements exceed the interest component of net periodic pension cost for the year. Otherwise, such amounts are included in actuarial gains (losses) in accumulated other comprehensive income (loss). Re-measurement of plan assets and liabilities upon a significant settlement or curtailment event is performed based on the values of the month-end closest to the event.

Long-Term Incentive Plan. The Company sponsored a long-term incentive plan (the “Plan”) under which it issued restricted stock units (“RSUs”) and cash awards to directors and certain employees of the Company. Due to the expiration of the Plan in February 2018, DallasNews implemented, and shareholders approved, a new long-term incentive plan (the “2017 Plan”) under which 1,000,000 shares of the Company’s Series A and Series B common stock are authorized and remain available for equity-based awards. Like its predecessor plan, awards under the 2017 Plan may be granted to DallasNews employees and outside directors in the form of non-qualified stock options, incentive stock options, restricted share awards, RSUs, performance shares, performance units or stock appreciation rights.

As of December 31, 2023 and 2022, there were no stock-based awards outstanding.

Shareholders’ Equity. The Company authorized the issuance of shares of Series A and Series B common stock. Series A common stock has one vote per share and Series B common stock has 10 votes per share. Shares of Series B common stock are convertible at any time on a share-for-share basis into shares of Series A common stock, but not vice versa.

The Company is authorized to grant stock option and RSU awards to employees and directors of the Company. Upon vesting of RSUs, shares of Series A common stock are issued. Upon the exercise of stock options, Series A common stock is issued if the holder of the stock options executes a simultaneous exercise and sale. If the holder of the stock option chooses not to sell the shares, Series B common stock is issued.

In 2012, the Company’s board of directors authorized the purchase of the DallasNews Series A or Series B common stock, for use other than retirement, through open market purchases, privately negotiated transactions or otherwise. Treasury stock acquired under the repurchase program is recorded at cost, reducing shareholders’ equity. The acquired shares are available for sale on the open market or for settlement of obligations related to future stock-based awards, if granted.

Accumulated other comprehensive loss consists of actuarial gains and losses associated with the DallasNews Pension Plans (the “Pension Plans”) and other post-employment benefit (the “OPEB”) plans. The cumulative balances are amortized to earnings over the weighted average remaining life expectancy of the participants to the extent such balances exceed 10 percent of the greater of the respective plan’s (a) projected benefit obligation or (b) the market-related value of the plan’s assets. The Company discloses amounts reclassified from accumulated other comprehensive loss to net income (loss) in Note 7 - Shareholders' Equity.

Revenue Recognition. The Company’s principal sources of revenue are sales of advertising within its newspaper and digital platforms, subscription and retail sales of its newspaper, commercial printing and distribution services, primarily related to national newspapers. In addition, revenue includes strategic marketing services, consulting, branding, paid media strategy and management, creative services, search optimization, direct mail, the sale of promotional materials, and subscriptions to the Company’s multi-channel marketing solutions cloud-based software and services, as well as targeted and multi-channel (programmatic) advertising placed on third-party platforms.

Revenue is recognized when obligations under the terms of a contract with the Company’s customer are satisfied. This occurs when control of the promised goods or services is transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services, typically at contract price or determined by stand-alone selling price. The Company has an estimated allowance for credits, refunds and similar obligations. Sales tax collected concurrent with revenue-producing activities are excluded from revenue. See Note 2 – Revenue for disaggregated revenue by source and additional information.

Leases. The Company determines if a contract is a lease at the inception of the arrangement. Operating lease right-of-use assets and liabilities are recognized at commencement date of lease agreements greater than one year based on the present value of lease payments over the lease term. In determining the present value of lease payments, the implicit rate was not readily determinable in the Company’s lease agreements. Therefore, the Company used an estimated secured incremental borrowing rate, based on the Company’s credit rating, adjusted for the weighted average term of each lease. Lease expense is recognized on a straight-line basis over the lease term and variable lease costs are expensed as incurred. For leases with terms of 12 months or less, no asset or liability is recorded and lease expense is recognized on a straight-line basis over the lease term. The exercise of lease renewal options are at the Company’s sole discretion and options are recognized when it is reasonably certain the Company will exercise the option. The recognized right-of-use assets and lease liabilities as calculated do not assume renewal options. The Company does not have lease agreements with residual value guarantees, sale leaseback terms or material restrictive covenants. Additionally, the Company does not separately identify lease and nonlease components, such as maintenance costs. Total lease expense for property and equipment was $4,000 and $4,796 in 2023 and 2022, respectively.

‎

Income Taxes. The Company uses the asset and liability method of accounting for income taxes and recognizes deferred tax assets and liabilities based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates. The Company establishes a valuation allowance if it is more-likely-than-not that the deferred tax assets will not be realized. The factors used to assess the likelihood of realization of the deferred tax assets include future reversal of deferred tax liabilities, available tax planning strategies, future taxable income and taxable income in prior carryback years.

The Company evaluates any uncertain tax positions each reporting period by tax jurisdiction to determine if it is more-likely-than-not that the tax position will not be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements for such positions are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. If a net operating loss or other tax credit carry forward exists, the Company records the unrecognized tax benefits for such tax positions as a reduction to a deferred tax asset. Otherwise, the unrecognized tax benefits are recorded as a liability. The Company records a liability for uncertain tax positions taken or expected to be taken in a tax return. Any change in judgment related to the expected ultimate resolution of uncertain tax positions is recognized in earnings in the period in which such change occurs. Interest and penalties, if any, related to unrecognized tax benefits are recorded in other income (loss), net.

Fair Value Measurements. The Company’s financial instruments, including cash, cash equivalents, short-term investments, accounts receivable, interest receivable, accounts payable and amounts due to customers are carried at cost, which approximates its fair value because of the short-term nature of these instruments.

Recently Adopted Accounting Pronouncements. In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13 – Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This update requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectibility of the reported amount. Since June 2016, the FASB issued clarifying updates to the new standard including changing the effective date for smaller reporting companies. The guidance is effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years, with early adoption permitted. The Company adopted this ASU on January 1, 2023, using the modified retrospective approach and it did not have a material impact on its consolidated financial statements; see Note 3 – Financial Instruments and Accounts Receivable, Net for additional information.

New Accounting Pronouncements. The FASB issued the following accounting pronouncements and guidance, which may be applicable to the Company but has not yet become effective.

In November 2023, the FASB issued ASU 2023-07– Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This update requires an entity to disclose, on an annual and interim basis, significant segment expenses. Public entities with a single reportable segment are required to apply the disclosure requirements in ASU 2023-07, as well as all existing segment disclosures in ASC 280. The guidance is effective retrospectively for annual periods beginning after December 15, 2023, and for interim periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of the adoption on its financial statement disclosures.

In December 2023, the FASB issued ASU 2023-09 – Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This update requires an entity to disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. Additionally, the guidance requires an entity to disclose annual income taxes paid (net of refunds received) disaggregated by federal (national), state and foreign taxes and disaggregate the information by jurisdiction based on a quantitative threshold. The guidance also requires an entity to disclose income tax expense (benefit) disaggregated by federal (national), state and foreign. The guidance is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The amendments should be applied on a prospective basis although retrospective application is permitted. The Company is currently evaluating the impact of the adoption on its financial statement disclosures.

‎

Financial Instruments and Accounts Receivable, Net

12 Months Ended

Dec. 31, 2023

Financial Instruments and Accounts Receivable, Net [Abstract]

Financial Instruments and Accounts Receivable, Net

Note 3: Financial Instruments and Accounts Receivable, Net

Short-Term Investments. In 2023, the Company invested $10,500 in CD’s with original maturities of more than 90 days but one year or less, included in short-term investments in the Consolidated Balance Sheet. These investments are classified as held-to-maturity and are valued at amortized cost, which approximates fair value. These investments are considered Level 2 investments. In 2023, the Company recorded $401 of interest income related to the CD’s, included in other income (loss), net in the Consolidated Statement of Operations.

Accounts Receivable, Net. Accounts receivable are reported net of the allowance for credit losses calculated based on customer category. For example, trade receivables for advertising customers are evaluated separately from trade receivables from single copy sales. For all trade receivables, the reserve percentage considers the Company’s historical loss experience and is applied to each customer category based on aging. In addition, each category has specific reserves for at risk accounts that vary based on the nature of the underlying trade receivables. The calculation of the allowance considers current economic, industry and customer-specific conditions such as high-risk accounts, bankruptcies and other aging specific reserves. The collectability of the Company’s trade receivables depends on a variety of factors, including trends in local, regional or national economic conditions that affect its customers’ ability to pay. Accounts are written-off after all collection efforts fail; generally, after one year has expired. Expense for such uncollectible amounts is included in other production, distribution and operating costs. Credit terms are customary.

‎

The table below sets forth changes in the allowance for credit losses for the year ended December 31, 2023.



Beginning balance	$	490
Current period benefit		(65)
Write-offs charged against the allowance		(220)
Recoveries of amounts previously written-off		22
Other		(20)
Ending balance	$	207

In 2023 and 2022, the Company recorded $(65) and $307 of bad debt expense (benefit) which is included in other production, distribution and operating costs in the Consolidated Statements of Operations. The reduction in required reserves was primarily due to a lower volume of accounts receivable and payments received for fully reserved balances in 2023. No one-time adjustments were recorded as a result of adopting the new guidance on credit losses.

Pension and Other Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2023

Pension and Other Retirement Plans [Abstract]

Schedule of Defined Benefit Plans Disclosures



	2023		2022
Change in Projected Benefit Obligation
Projected benefit obligation at beginning of year	$	169,544	$	219,364
Interest cost		7,972		5,311
Actuarial loss (gain)		2,212		(42,425)
Benefit payments		(12,648)		(12,706)
Projected benefit obligation at end of year		167,080		169,544
Change in Plan Assets
Fair value of plan assets at beginning of year		150,089		205,089
Return on plan assets		12,286		(47,294)
Employer contributions		—		5,000
Benefit payments		(12,648)		(12,706)
Fair value of plan assets at end of year		149,727		150,089
Funded Status	$	(17,353)	$	(19,455)
Amounts Recorded on the Balance Sheet
Long-term pension liabilities	$	17,353	$	19,455
Accumulated Benefit Obligation	$	167,080	$	169,544

Schedule of Net Periodic Pension Benefit



	Years Ended December 31,
	2023		2022
Interest cost	$	7,972	$	5,311
Expected return on plans' assets		(8,875)		(4,949)
Amortization of actuarial loss		—		526
Net periodic pension expense (benefit)	$	(903)	$	888

Schedule of Fair Value and Allocation of Plan Assets



	Fair Value Measurements Using
	Total				Quoted Price in ‎Active Markets ‎for Identical Assets ‎(Level I)				Significant Other ‎Observable Inputs ‎(Level II)				Significant ‎Unobservable ‎Inputs ‎(Level III)
Description	2023		2022		2023		2022		2023		2022		2023		2022
Cash and Money Market Funds	$	3,184	$	1,608	$	3,184	$	1,608	$	—	$	—	$	—	$	—
Equity Funds
U.S. equity securities		—		3,666		—		—		—		3,666		—		—
International equity securities		—		2,856		—		—		—		2,856		—		—
Global equity		48,715		—		—		—		48,715		—		—		—
Fixed Income Funds
Domestic corporate and government debt securities		89,556		72,194		—		—		89,556		72,194		—		—
Domestic corporate debt securities		—		69,243		—		—		—		69,243		—		—
International corporate and government debt securities		—		522		—		—		—		522		—		—
Global corporate and government debt securities		5,614		—		—		—		5,614		—		—		—
Other		2,658		—		—		—		2,658		—		—		—
Total	$	149,727	$	150,089	$	3,184	$	1,608	$	146,543	$	148,481	$	—	$	—

Schedule of Expected Benefit Payments



Payment year	Expected ‎Benefit ‎Payments
2024	$	14,095
2025		14,017
2026		13,819
2027		13,629
2028		13,362
2029 - 2033		61,578

Financial Instruments and Accounts Receivable, Net (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Short-Term Investments [Abstract]
Interest income related to the CD’s	$ 401,000
Accounts Receivable, Net [Abstract]
Bad debt expense (benefit)	(65,000)	$ 307,000
Accounts Receivable, Allowance for Credit Loss	207,000	490,000
Level II - Fair Value, Inputs [Member] \| Certificates of Deposit [Member]
Short-Term Investments [Abstract]
Certificates of deposit	$ 10,500,000
Minimum [Member] \| Certificates of Deposit [Member]
Short-Term Investments [Abstract]
Short term investments term	90 days
Maximum [Member] \| Certificates of Deposit [Member]
Short-Term Investments [Abstract]
Short term investments term	1 year
Cumulative Effect, Period of Adoption, Adjustment [Member]
Accounts Receivable, Net [Abstract]
Accounts Receivable, Allowance for Credit Loss		$ 0

Income Taxes (Schedule of Unrecognized Tax Positions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at January 1	$ 66	$ 66
Decrease related to statute of limitations expiring	(66)
Balance at December 31		$ 66

Commitments and Contingencies

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 9: Commitments and Contingencies

As of December 31, 2023, the Company had contractual obligations, in aggregate, of $14,143 for the next five years and $11,994 thereafter, for operating leases, primarily for office space and other distribution centers, some of which include escalating lease payments. See Note 4 – Leases for future lease payments by year.

In December 2016, the Dallas Morning News, Inc., a wholly-owned subsidiary of the Company, entered into a 16-year lease agreement for office space for the Company’s new corporate headquarters. The Company recognizes rent expense on a straight-line basis. Per the amended lease agreement, rent payments began in November 2018.

The Company funds the DallasNews Pension Plans to meet or exceed statutory requirements. The Company currently does not expect to make contributions to the DallasNews Pension Plans in 2024 and no contributions are required to these plans in 2024 under the applicable tax and labor laws governing pension plan funding; see Note 6 - Pension and Other Retirement Plans.

From time to time, the Company is involved in a variety of claims, lawsuits and other disputes arising in the ordinary course of business. Management routinely assesses the likelihood of adverse judgments or outcomes in these matters, as well as the ranges of probable losses to the extent losses are reasonably estimable. Accruals for contingencies are recorded when, in the judgment of management, adverse judgments or outcomes are probable and the financial impact, should an adverse outcome occur, is reasonably estimable. The determination of likely outcomes of litigation matters relates to factors that include, but are not limited to, past experience and other evidence, interpretation of relevant laws or regulations and the specifics and status of each matter. Predicting the outcome of claims and litigation and estimating related costs and financial exposure involves substantial uncertainties that could cause actual results to vary materially from estimates and accruals. In the opinion of management, liabilities, if any, arising from other currently existing claims against the Company would not have a material adverse effect on DallasNews’ results of operations, liquidity or financial condition.

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Income Taxes [Abstract]
Defined benefit plans	$ 3,648	$ 4,088
Investments	160	114
Tax depreciation less than book depreciation	887	1,107
Expenses deductible for tax purposes in a year different from the year accrued	586	640
Lease liability	3,993	3,806
Deferred compensation and benefits	547	40
Book amortization in excess of tax amortization	876	935
State taxes	168	171
Net operating loss carryforward	11,468	10,063
Other	230	316
Total deferred tax assets	22,563	21,280
Valuation allowance	(18,468)	(17,380)
Total deferred tax assets, net of valuation allowance	4,095	3,900
Gross Deferred Tax Liabilities:
Right-of-use asset	(3,447)	(3,117)
Deferred Revenue	(20)
Other	(357)	(501)
Total deferred tax liabilities	(3,824)	(3,618)
Net Deferred Tax Assets	$ 271	$ 282

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net Operating Revenue:
Total net operating revenue	$ 139,696	$ 150,651
Operating Costs and Expense:
Employee compensation and benefits	69,445	67,096
Other production, distribution and operating costs	68,008	78,638
Newsprint, ink and other supplies	8,793	11,035
Depreciation	1,520	2,709
Loss on sale/disposal of assets, net		58
Asset impairments		102
Total operating costs and expense	147,766	159,638
Operating loss	(8,070)	(8,987)
Other income (loss), net	1,422	(241)
Loss Before Income Taxes	(6,648)	(9,228)
Income tax provision	464	558
Net Loss	$ (7,112)	$ (9,786)
Per Share Basis
Net loss, Basic	$ (1.33)	$ (1.83)
Number of common shares used in the per share calculation:
Basic	5,352,490	5,352,490
Advertising And Marketing Services [Member]
Net Operating Revenue:
Total net operating revenue	$ 59,038	$ 69,667
Circulation [Member]
Net Operating Revenue:
Total net operating revenue	65,349	65,191
Printing, Distribution And Other [Member]
Net Operating Revenue:
Total net operating revenue	$ 15,309	$ 15,793

Disposal of Assets

12 Months Ended

Dec. 31, 2023

Disposal of Assets [Abstract]

Disposal of Assets

Note 10: Disposal of Assets

In May 2019, the Company finalized a Purchase and Sale Agreement with Charter DMN Holdings, LP (the “Purchaser”) for the sale of the real estate assets in downtown Dallas, Texas, previously used as the Company’s headquarters for a sale price of $28,000 and a pretax gain of $25,908. The sale price consisted of $4,597 cash received, after selling costs of approximately $1,000, and a two year seller-financed promissory note of $22,400 (the “Promissory Note”). In July 2022, the Company received cash proceeds of $22,516 from the Purchaser, paying the Promissory Note in full including interest. In 2022, the Company recorded $616 of interest income related to the Promissory Note, included in other income (loss), net in the Consolidated Statement of Operations.

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes [Abstract]

Schedule of Components of Income Tax Provision (Benefit)



	Years Ended December 31,
	2023		2022
Current
Federal	$	(66)	$	—
State		519		583
Total current		453		583
Deferred
Federal		(1,324)		(1,985)
State		8		(28)
Total deferred		(1,316)		(2,013)
Valuation Allowance		1,327		1,988
Income Tax Provision	$	464	$	558

Schedule of Effective Income Tax Rate Reconciliation



	Years Ended December 31,
	2023		2022
Computed expected income tax benefit	$	(1,415)	$	(1,939)
State income tax (net of federal benefit)		450		460
Valuation allowance		1,327		1,988
Nondeductible expenses		193		120
Uncertain tax position reserve		(66)		—
Deferred adjustment		(2)		94
Other		(23)		(165)
Income tax provision	$	464	$	558
Effective income tax rate		(7.0)%		(6.0)%

Schedule of Deferred Tax Assets and Liabilities



	December 31,
	2023		2022
Gross Deferred Tax Assets:
Defined benefit plans	$	3,648	$	4,088
Investments		160		114
Tax depreciation less than book depreciation		887		1,107
Expenses deductible for tax purposes in a year different from the year accrued		586		640
Lease liability		3,993		3,806
Deferred compensation and benefits		547		40
Book amortization in excess of tax amortization		876		935
State taxes		168		171
Net operating loss carryforward		11,468		10,063
Other		230		316
Total deferred tax assets		22,563		21,280
Valuation allowance		(18,468)		(17,380)
Total deferred tax assets, net of valuation allowance		4,095		3,900
Gross Deferred Tax Liabilities:
Right-of-use asset		(3,447)		(3,117)
Deferred Revenue		(20)		—
Other		(357)		(501)
Total deferred tax liabilities		(3,824)		(3,618)

Net Deferred Tax Assets	$	271	$	282

Schedule of Unrecognized Tax Positions

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Series A [Member]	Common Stock [Member] Series B [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member] Series A [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]	Total
Beginning Balance at Dec. 31, 2021			$ 58	$ 494,563		$ (13,443)	$ (32,406)	$ (406,195)	$ 42,577
Beginning Balance, Shares at Dec. 31, 2021	5,216,045	614,910
Beginning Balance, Treasury Stock at Dec. 31, 2021					(478,465)
Net Loss								(9,786)	(9,786)
Other comprehensive income (loss)							(8,974)		(8,974)
Conversion of Series B to Series A, shares	192	(192)
Dividends declared								(11,454)	(11,454)
Ending Balance at Dec. 31, 2022			58	494,563		(13,443)	(41,380)	(427,435)	12,363
Ending Balance, Shares at Dec. 31, 2022	5,216,237	614,718
Ending Balance, Shares Treasury Stock at Dec. 31, 2022					(478,465)
Net Loss								(7,112)	(7,112)
Other comprehensive income (loss)							1,133		1,133
Conversion of Series B to Series A, shares	80	(80)
Dividends declared								(3,426)	(3,426)
Ending Balance at Dec. 31, 2023			$ 58	$ 494,563		$ (13,443)	$ (40,247)	$ (437,973)	$ 2,958
Ending Balance, Shares at Dec. 31, 2023	5,216,317	614,638
Ending Balance, Shares Treasury Stock at Dec. 31, 2023					(478,465)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-17

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-4

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-5

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 15
-SubTopic 10
-Topic 220
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482739/220-10-55-15

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

+ Details

- Definition

Amount of equity (deficit) attributable to parent and noncontrolling interest. Excludes temporary equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-24

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 23
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-23

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-5

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479654/326-10-65-5

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (i)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483550/848-10-65-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479343/105-10-65-6

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479343/105-10-65-6

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480016/944-40-65-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480016/944-40-65-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482615/740-10-65-8

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482615/740-10-65-8

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479654/326-10-65-4

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-7

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-5

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-17

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

Reference 29: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-11

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 205
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480767/946-205-45-3

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481004/946-505-50-3

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.6-05(4))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2

Reference 34: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(4)(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(6))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(7))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1

Reference 38: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 39: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 40: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 41: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481231/810-10-45-15

Reference 42: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481231/810-10-45-16

Reference 43: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4I
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481175/810-10-55-4I

+ Details

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 11,697	$ 27,825
Short-term investments	10,781
Accounts receivable (net of allowance of $207 and $490 at December 31, 2023 and December 31, 2022, respectively)	9,923	14,023
Inventories	1,930	2,725
Prepaids and other current assets	2,602	3,352
Total current assets	36,933	47,925
Property, plant and equipment, at cost	307,436	313,440
Less accumulated depreciation	(300,337)	(306,002)
Property, plant and equipment, net	7,099	7,438
Operating lease right-of-use assets	16,141	14,811
Deferred income taxes, net	271	282
Other assets	1,790	1,809
Total assets	62,234	72,265
Current liabilities:
Accounts payable	3,963	5,041
Accrued compensation and benefits	3,901	4,154
Other accrued expense	6,548	4,060
Contract liabilities	9,511	9,504
Total current liabilities	23,923	22,759
Long-term pension liabilities	17,353	19,455
Long-term operating lease liabilities	16,924	16,546
Other post-employment benefits	996	982
Other liabilities	80	160
Total liabilities	59,276	59,902
Commitments and contingencies (see Note 9)
Shareholders' equity:
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued
Treasury stock, Series A, at cost; 478,465 shares held at December 31, 2023 and December 31, 2022	(13,443)	(13,443)
Additional paid-in capital	494,563	494,563
Accumulated other comprehensive loss	(40,247)	(41,380)
Accumulated deficit	(437,973)	(427,435)
Total shareholders’ equity	2,958	12,363
Total liabilities and shareholders’ equity	62,234	72,265
Series A [Member]
Shareholders' equity:
Common stock, $0.01 par value; Authorized 31,250,000 shares	52	52
Series B [Member]
Shareholders' equity:
Common stock, $0.01 par value; Authorized 31,250,000 shares	$ 6	$ 6

Leases (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
Leases (Narrative) (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Asset impairments			$ 102,000
Operating lease assets		$ 16,141,000	14,811,000
Operating lease liabilities		18,733,000	18,093,000
Operating leases, not yet commenced		0
Other Production, Distribution And Operating Costs [Member]
Lease cost benefit	$ 556,000
Office Space Subleases [Member]
Asset impairments			$ 102,000
Sublease [Member]
Sublease income expected in 2024		320,000
Sublease income expected in 2025		$ 30,000
Minimum [Member]
Operating leases remaining terms		1 year
Minimum [Member] \| Distributors Sublease [Member]
Operating leases remaining terms		1 year
Maximum [Member]
Operating leases remaining terms		10 years
Maximum [Member] \| Distributors Sublease [Member]
Operating leases remaining terms		2 years

Significant Accounting Policies and Recently Issued Accounting Standards (Tables)

12 Months Ended

Dec. 31, 2023

Significant Accounting Policies and Recently Issued Accounting Standards [Abstract]

Property, Plant and Equipment by Type



	December 31,				Estimated
	2023		2022		Useful Lives
Land	$	1,971	$	1,971
Buildings and improvements		85,718		85,714	5 - 30 years
Publishing equipment		173,994		173,646	3 - 20 years
Other		45,528		51,336	3 - 10 years
Construction in process		225		773
Total		307,436		313,440
Less accumulated depreciation		(300,337)		(306,002)
Property, plant and equipment, net	$	7,099	$	7,438

Revenue

12 Months Ended

Dec. 31, 2023

Revenue [Abstract]

Revenue

Note 2: Revenue

The table below sets forth revenue disaggregated by revenue source.



	Years Ended December 31,
	2023		2022
Advertising and Marketing Services
Print advertising	$	35,045	$	44,802
Digital advertising and marketing services		23,993		24,865
Total	$	59,038	$	69,667

Circulation
Print circulation	$	49,034	$	52,045
Digital circulation		16,315		13,146
Total	$	65,349	$	65,191

Printing, Distribution and Other	$	15,309	$	15,793

Total Revenue	$	139,696	$	150,651

Advertising and Marketing Services

Advertising and marketing services revenue is recognized when an ad or service is complete and delivered based on the contract price. Payment is typically received within 30 to 60 days after the customer is billed. Longer-term contracts often include multiple performance obligations, digital and other forms of advertising, and a single performance obligation containing a bundle of services that are not distinct but provided to maximize a customer’s marketing plan. When the Company has a longer-term contract, revenue is recognized over time as the ads or services are delivered. For contracts with over time revenue recognition the company is providing a series of services and recognizes revenue by 1) using a time-based method of measuring progress of delivery over time, or 2) as each distinct performance obligation (typically ads or impressions) are delivered on a monthly basis. In addition, certain digital advertising revenue related to website access is recognized over time, based on the customers’ monthly rate. The Company typically extends credit to advertising and marketing services customers, although for certain advertising campaigns the customer may pay in advance.

Print advertising is primarily comprised of display and classified advertising revenue. Display revenue results from sales of advertising space within the Company’s core newspaper to local, regional or national businesses with local operations, affiliates or resellers. Classified revenue, which includes automotive, real estate, employment, obituaries and other, results from sales of advertising space in the classified and other sections of the Company’s newspaper.

The Company’s agreement allowing it to distribute preprinted advertisements through the mail or through third-party distributors to households in targeted areas was not renewed and ended August 31, 2023. As a result of the end of the distribution agreement whose weekly shared mail coupons and home delivery inserts supported the Company’s niche publications, the Company decided to stop print-only editions of its niche publications, Al Dia and Briefing after August 30, 2023. Al Dia continues as a digital-only product that publishes online daily, as news develops, and in a weekly ePaper edition available online. Briefing was discontinued as a weekly newspaper, and the brand was retired.

Digital advertising and marketing services revenue consists of strategic marketing services, consulting, branding, paid media strategy and management, creative services, search optimization, direct mail, the sale of promotional materials, and subscriptions to the Company’s multi-channel marketing solutions cloud-based software and services. In addition, it includes digital sales of banner, classified and native advertisements on the Company’s news websites, social media platforms and mobile apps, as well as targeted and multi-channel (programmatic) advertising placed on third-party platforms.

For ads placed on certain third-party platforms, the Company must evaluate and use judgment to determine whether it is acting as the principal, where revenue is reported on a gross basis, or acting as the agent, where revenue is reported on a net basis. Generally, the Company reports advertising revenue for ads placed on third-party platforms on a net basis, meaning the amount recorded to revenue is the amount billed to the customer net of amounts paid to the publisher of the third-party platforms. The Company is acting as the agent because the publisher controls the advertising inventory. The Company will record certain arrangements gross when it controls the inventory or it has latitude in establishing price or it determines that advertising campaign management, targeting or other actions provide significant value added service to the customer.

Barter advertising transactions are recognized at estimated fair value based on the negotiated contract price and the range of prices for similar advertising from customers unrelated to the barter transaction. The Company expenses barter costs as incurred, which is independent from the timing of revenue recognition

Circulation

Print circulation revenue is generated primarily by selling home delivery subscriptions, including premium publications, and from single copy sales to non-subscribers. Home delivery revenue is recognized over the subscription period based on the days of actual delivery over the total subscription days and single copy revenue is recognized at a point in time when the paper is purchased. Revenue is directly reduced for any non-payment for the grace period of home delivery subscriptions where the Company recorded revenue for newspapers delivered after a subscription expired.

Digital circulation revenue is generated by digital-only subscriptions and is recognized over the subscription period based on daily or monthly access to the content in the subscription period.

Payment of circulation fees is typically received in advance and deferred over the subscription period. There is little judgment required for valuation or timing of circulation revenue recognition.

Printing, Distribution and Other

Printing, distribution and other revenue is primarily generated from printing and distribution of other newspapers. Printing, distribution and other revenue is recognized at a point in time when the product or service is delivered, which requires little judgment to determine. The Company typically extends credit to printing and distribution customers.

Contract Liabilities

Deferred revenue is recorded when cash payments are received in advance of the Company’s performance, including amounts which are refundable. The Company’s primary sources of deferred revenue are from circulation subscriptions and advertising paid in advance of the service provided. These up-front payments are recorded upon receipt as contract liabilities in the Consolidated Balance Sheets and the revenue is recognized when the Company’s obligations under the terms of the contract are satisfied. In the year ended December 31, 2023, the Company recognized $9,028 of revenue that was included in the contract liabilities balance as of December 31, 2022. The Company typically recognizes deferred revenue within 1 to 12 months.

Practical Expedients and Exemptions

The Company generally expenses sales commissions and circulation acquisition costs when incurred because the amortization period would have been one year or less. These costs are recorded within employee compensation and benefits expense and other production, distribution and operating costs expense, respectively.

The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less and contracts for which revenue is recognized at the amount invoiced for services performed.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//606/tableOfContent

+ Details

Significant Accounting Policies and Recently Issued Accounting Standards (Policy)

12 Months Ended

Dec. 31, 2023

Significant Accounting Policies and Recently Issued Accounting Standards [Abstract]

Description of Business, Policy

Basis of Presentation, Policy

Use of Estimates, Policy

Segment Presentation, Policy

Cash and Cash Equivalents, Policy

Short-term Investments, Policy

Risk Concentration, Policy

‎

Inventories, Policy

Property, Plant and Equipment, Policy

The table below sets forth property, plant and equipment by type.



	December 31,				Estimated
	2023		2022		Useful Lives
Land	$	1,971	$	1,971
Buildings and improvements		85,718		85,714	5 - 30 years
Publishing equipment		173,994		173,646	3 - 20 years
Other		45,528		51,336	3 - 10 years
Construction in process		225		773
Total		307,436		313,440
Less accumulated depreciation		(300,337)		(306,002)
Property, plant and equipment, net	$	7,099	$	7,438

Long-Lived Assets, Policy

Investments, Policy

Pension, Policy

‎

Long-Term Incentive Plan, Policy

As of December 31, 2023 and 2022, there were no stock-based awards outstanding

Shareholders' Equity, Policy

Revenue Recognition, Policy

Leases, Policy

‎

Income Taxes, Policy

Fair Value Measurements, Policy

Recently Adopted Accounting Pronouncements And New Accounting Pronouncements, Policy

New Accounting Pronouncements. The FASB issued the following accounting pronouncements and guidance, which may be applicable to the Company but has not yet become effective.

Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Supplemental Consolidated Balance Sheet Information for Leases



	Classification		December 31, 2023		December 31, 2022
Assets
Operating	Operating lease right-of-use assets	$	16,141	$	14,811

Liabilities
Operating
Current	Other accrued expense	$	1,809	$	1,547
Noncurrent	Long-term operating lease liabilities		16,924		16,546
Total lease liabilities		$	18,733	$	18,093

Lease Term and Discount Rate
Operating leases
Weighted average remaining lease term (years)			8.7		10.1
Weighted average discount rate (%)			7.7		7.7

Schedule of Components of Lease Cost and Supplemental Cash Flow Information for Leases



	Years Ended December 31,
	2023		2022
Lease Cost
Operating lease cost	$	3,205	$	4,088
Short-term lease cost		63		63
Variable lease cost		732		645
Sublease income		(811)		(1,155)
Total lease cost	$	3,189	$	3,641

Supplemental Cash Flow Information
Cash paid for operating leases included in operating activities	$	3,979	$	4,212
Right-of-use assets obtained in exchange for operating lease liabilities		3,094		424

Schedule of Remaining Maturities of Lease Liabilities



Years Ending December 31,	Operating Leases
2024	$	3,182
2025		3,504
2026		2,732
2027		2,377
2028		2,348
Thereafter		11,994
Total lease payments		26,137
Less: imputed interest		7,404
Total lease liabilities	$	18,733

Pension and Other Retirement Plans (Schedule of Net Periodic Pension Benefit) (Details) - Pension Plans [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 7,972,000	$ 5,311,000
Expected return on plans' assets	(8,875,000)	(4,949,000)
Amortization of actuarial loss	0	526,000
Net periodic pension expense (benefit)	$ (903,000)	$ 888,000

Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Note 8: Earnings Per Share

The table below sets forth the net loss available to common shareholders and weighted average shares used for calculating basic earnings per share (“EPS”). The Company’s Series A and Series B common stock equally share in the distributed and undistributed earnings.



	Years Ended December 31,
	2023		2022
Earnings (Numerator)
Net loss available to common shareholders	$	(7,112)	$	(9,786)

Shares (Denominator)
Weighted average common shares outstanding (basic)		5,352,490		5,352,490

Loss Per Share
Basic	$	(1.33)	$	(1.83)

There were no options or RSUs outstanding as of December 31, 2023 and 2022, that would result in dilution of shares or the calculation of EPS under the two-class method as prescribed under ASC 260 – Earnings Per Share.

Leases (Schedule of Supplemental Consolidated Balance Sheet Information for Leases) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right-of-use assets	$ 16,141	$ 14,811
Operating lease liabilities current	$ 1,809	$ 1,547
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Operating lease liabilities noncurrent	$ 16,924	$ 16,546
Total lease liabilities	$ 18,733	$ 18,093
Operating leases weighted average remaining lease term (years)	8 years 8 months 12 days	10 years 1 month 6 days
Operating leases weighted average discount rate	7.70%	7.70%

Financial Instruments and Accounts Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2023

Financial Instruments and Accounts Receivable, Net [Abstract]

Changes in Allowance for Credit Losses



Beginning balance	$	490
Current period benefit		(65)
Write-offs charged against the allowance		(220)
Recoveries of amounts previously written-off		22
Other		(20)
Ending balance	$	207

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Comprehensive Loss [Abstract]
Net Loss	$ (7,112)	$ (9,786)
Other Comprehensive Income (Loss), Net of Tax:
Amortization of actuarial (gains) losses	(40)	522
Actuarial gains (losses)	1,173	(9,496)
Total other comprehensive income (loss), net of tax	1,133	(8,974)
Total Comprehensive Loss	$ (5,979)	$ (18,760)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

+ Details

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2023	Mar. 01, 2024	Jun. 30, 2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity File Number	1-33741
Entity Registrant Name	DallasNews CORPORATION
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	38-3765318
Entity Address, Address Line One	P. O. Box 224866
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75222-4866
City Area Code	214
Local Phone Number	977-8869
Title of 12(b) Security	Series A Common Stock, $0.01 par value
Trading Symbol	DALN
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Entity Public Float			$ 18,140,031
Entity Central Index Key	0001413898
Amendment Flag	false
Documents Incorporated by Reference	Selected designated portions of the registrant’s definitive proxy statement, relating to the Annual Meeting of Shareholders to be held on May 9, 2024, are incorporated by reference into Parts II and III of this Annual Report.
Auditor Firm ID	248
Auditor Name	GRANT THORNTON LLP
Auditor Location	Dallas, Texas
Series A [Member]
Entity Common Stock, Shares Outstanding		4,737,852
Series B [Member]
Entity Common Stock, Shares Outstanding		614,638

Leases (Schedule of Remaining Maturities of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2024	$ 3,182
2025	3,504
2026	2,732
2027	2,377
2028	2,348
Thereafter	11,994
Total lease payments	26,137
Less: imputed interest	7,404
Total lease liabilities	$ 18,733	$ 18,093

Income Taxes

12 Months Ended

Dec. 31, 2023

Income Taxes [Abstract]

Income Taxes

Note 5: Income Taxes

The table below sets forth the Company’s income tax provision.



	Years Ended December 31,
	2023		2022
Current
Federal	$	(66)	$	—
State		519		583
Total current		453		583
Deferred
Federal		(1,324)		(1,985)
State		8		(28)
Total deferred		(1,316)		(2,013)
Valuation Allowance		1,327		1,988
Income Tax Provision	$	464	$	558

‎

The table below reconciles the income tax benefit computed by applying the applicable United States federal income tax rate to the income tax provision computed at the effective income tax rate.



	Years Ended December 31,
	2023		2022
Computed expected income tax benefit	$	(1,415)	$	(1,939)
State income tax (net of federal benefit)		450		460
Valuation allowance		1,327		1,988
Nondeductible expenses		193		120
Uncertain tax position reserve		(66)		—
Deferred adjustment		(2)		94
Other		(23)		(165)
Income tax provision	$	464	$	558
Effective income tax rate		(7.0)%		(6.0)%

The income tax provision of $464 and $558 recorded in 2023 and 2022, respectively, was due to the effect of the Texas franchise tax. The 2023 income tax expense was reduced by the release of a $66 federal uncertain tax reserve, included in other liabilities, as a result of the statute of limitations lapsing in June 2023. In connection with the release of a federal uncertain tax reserve, the Company released a reserve for interest and penalties included in other liabilities and recognized $36 in other income (loss), net in the second quarter of 2023.

The Company made income tax payments, net of refunds, of $594 and $619 in 2023 and 2022, respectively.

In August 2022, the Inflation Reduction Act (the “Act”) was enacted and signed into law. The Act is a budget reconciliation package that includes significant law changes relating to tax, climate change, energy, and health care. The tax provisions include, among other items, a corporate alternative minimum tax of 15 percent, an excise tax of 1 percent on corporate stock buy-backs, energy-related tax credits, and additional IRS funding. Certain provisions, including the corporate alternative minimum tax and excise tax on corporate stock buy-backs, became effective for tax years beginning after December 31, 2022. As of December 31, 2023, this legislation did not have a material impact on the Company’s consolidated financial statements.

The table below sets forth the significant components of the Company’s deferred tax assets and liabilities.



	December 31,
	2023		2022
Gross Deferred Tax Assets:
Defined benefit plans	$	3,648	$	4,088
Investments		160		114
Tax depreciation less than book depreciation		887		1,107
Expenses deductible for tax purposes in a year different from the year accrued		586		640
Lease liability		3,993		3,806
Deferred compensation and benefits		547		40
Book amortization in excess of tax amortization		876		935
State taxes		168		171
Net operating loss carryforward		11,468		10,063
Other		230		316
Total deferred tax assets		22,563		21,280
Valuation allowance		(18,468)		(17,380)
Total deferred tax assets, net of valuation allowance		4,095		3,900
Gross Deferred Tax Liabilities:
Right-of-use asset		(3,447)		(3,117)
Deferred Revenue		(20)		—
Other		(357)		(501)
Total deferred tax liabilities		(3,824)		(3,618)

Net Deferred Tax Assets	$	271	$	282

‎

The presentation of net deferred tax assets and liabilities for each jurisdiction are presented as noncurrent within the Company’s Consolidated Balance Sheets. Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases and are stated at enacted tax rates expected to be in effect when the taxes are actually paid or recovered. The Company recognizes a valuation allowance for deferred tax assets when it is more-likely-than-not that these assets will not be realized. In making this determination, all positive and negative evidence is considered, including future reversals of existing taxable temporary differences, tax planning strategies, future taxable income and taxable income in prior carryback years. In 2023, the valuation allowance increased $1,088, of which $(238) arose from deferred tax assets related to amounts recorded in accumulated other comprehensive loss that are fully reserved by a valuation allowance. At December 31, 2023, the Company had a federal net operating loss carryforward of $54,209, of which $17,528 expires in 2037 and $36,681 does not have an expiration. The annual utilization of the federal net operating loss, which does not have an expiration, is limited to 80 percent of taxable income in tax years beginning after January 1, 2021. The Company has a state net operating loss of $2,166, which begins to expire in 2034.

Uncertain tax positions are evaluated and a liability is recognized for the tax benefit associated with uncertain positions only if it is more-likely-than-not that the positions will not be sustained upon examination by taxing authorities, based on the technical merits of the positions. The Company assesses its filing positions in all significant jurisdictions where it is required to file income tax returns for all open tax years. The Company’s federal income tax return for December 31, 2014 and for tax years subsequent to December 31, 2016 remain subject to examination, and income tax returns in major state income tax jurisdictions where the Company operated remain subject to examination. The statute of limitations associated with the December 31, 2014 federal return was extended in 2020 due to the net operating loss carryback pursuant to the CARES Act. In the second quarter of 2023, the Company released all remaining reserve for the tax benefit related to uncertain tax positions and as of December 31, 2023, there is no remaining balance.

The table below sets forth a reconciliation of the beginning and ending amount of unrecognized tax benefit.

In 2023, the Company recorded a tax benefit of $66 and $36 of interest income, included in other income (loss), net in the Consolidated Statement of Operations, due to the release of the remaining federal uncertain tax reserve and related interest resulting from the statute of limitations lapsing in June 2023. In 2022, the Company recorded interest expense of $4 and penalty expense of $5. Accrued interest and penalty at December 31, 2022 was $36, included in other liabilities in the Consolidated Balance Sheet.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

Commitments and Contingencies (Narrative) (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2016
Commitments and Contingencies [Line Items]
Contractual obligations due in next five years	$ 14,143,000
Operating leases, contractual obligations due after fifth year	11,994,000
Dallas Morning News, Inc [Member]
Commitments and Contingencies [Line Items]
Operating lease term		16 years
Pension Plans [Member]
Commitments and Contingencies [Line Items]
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year	$ 0

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Reconciliation



	Years Ended December 31,
	2023		2022
Earnings (Numerator)
Net loss available to common shareholders	$	(7,112)	$	(9,786)

Shares (Denominator)
Weighted average common shares outstanding (basic)		5,352,490		5,352,490

Loss Per Share
Basic	$	(1.33)	$	(1.83)

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Shareholders' Equity [Abstract]
Dividends declared per share	$ 0.64	$ 2.14

Leases

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Leases

Note 4: Leases

The Company has various operating leases primarily for office space and other distribution centers, some of which include escalating lease payments and options to extend or terminate the lease. The Company’s leases have remaining terms of less than 1 year to 10 years.

The Company has various subleases with distributors, for distribution center space, with varying remaining lease terms of less than one year to two years and are cancellable with notice by either party. In 2022, the Company terminated the lease and sublease agreements for the office space of the Denton Publishing Company, resulting in a right-of-use asset impairment of $102. Sublease income is included in printing, distribution and other revenue in the Consolidated Statements of Operations. As of December 31, 2023, sublease income is expected to approximate $320 in 2024 and $30 in 2025.

As of December 31, 2023, the Company did not have any significant operating leases that have not yet commenced.

The table below sets forth supplemental Consolidated Balance Sheet information for the Company’s leases.



	Classification		December 31, 2023		December 31, 2022
Assets
Operating	Operating lease right-of-use assets	$	16,141	$	14,811

Liabilities
Operating
Current	Other accrued expense	$	1,809	$	1,547
Noncurrent	Long-term operating lease liabilities		16,924		16,546
Total lease liabilities		$	18,733	$	18,093

Lease Term and Discount Rate
Operating leases
Weighted average remaining lease term (years)			8.7		10.1
Weighted average discount rate (%)			7.7		7.7

‎

The table below sets forth components of lease cost and supplemental cash flow information for the Company’s leases. In the second quarter of 2023, the Company recorded a non-recurring lease cost benefit of $556, reflected in other production, distribution and operating costs in the Consolidated Statement of Operations.



	Years Ended December 31,
	2023		2022
Lease Cost
Operating lease cost	$	3,205	$	4,088
Short-term lease cost		63		63
Variable lease cost		732		645
Sublease income		(811)		(1,155)
Total lease cost	$	3,189	$	3,641

Supplemental Cash Flow Information
Cash paid for operating leases included in operating activities	$	3,979	$	4,212
Right-of-use assets obtained in exchange for operating lease liabilities		3,094		424

The table below sets forth the remaining maturities of the Company’s lease liabilities as of December 31, 2023.



Years Ending December 31,	Operating Leases
2024	$	3,182
2025		3,504
2026		2,732
2027		2,377
2028		2,348
Thereafter		11,994
Total lease payments		26,137
Less: imputed interest		7,404
Total lease liabilities	$	18,733

Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Shareholders' Equity [Abstract]

Changes in Accumulated Other Comprehensive Loss



	Years Ended December 31,
	2023						2022
	Total		Defined ‎benefit pension ‎plans		Other post- employment benefit plans		Total		Defined ‎benefit pension ‎plans		Other post- employment benefit plans
Balance, beginning of period	$	(41,380)	$	(41,777)	$	397	$	(32,406)	$	(32,485)	$	79
Amortization		(40)		—		(40)		522		526		(4)
Actuarial gains (losses)		1,173		1,199		(26)		(9,496)		(9,818)		322
Balance, end of period	$	(40,247)	$	(40,578)	$	331	$	(41,380)	$	(41,777)	$	397

Pension and Other Retirement Plans (Schedule of Fair Value and Allocation of Plan Assets) (Details) - Pension Plans [Member] - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	$ 149,727	$ 150,089	$ 205,089
Cash And Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	3,184	1,608
U.S. Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		3,666
International Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		2,856
Global Equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	48,715
Domestic Corporate And Government Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	89,556	72,194
Domestic Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		69,243
International Corporate And Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		522
Global Corporate And Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	5,614
Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	2,658
Level I - Fair Value, Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	3,184	1,608
Level I - Fair Value, Inputs [Member] \| Cash And Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	3,184	1,608
Level II - Fair Value, Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	146,543	148,481
Level II - Fair Value, Inputs [Member] \| U.S. Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		3,666
Level II - Fair Value, Inputs [Member] \| International Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		2,856
Level II - Fair Value, Inputs [Member] \| Global Equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	48,715
Level II - Fair Value, Inputs [Member] \| Domestic Corporate And Government Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	89,556	72,194
Level II - Fair Value, Inputs [Member] \| Domestic Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		69,243
Level II - Fair Value, Inputs [Member] \| International Corporate And Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets		$ 522
Level II - Fair Value, Inputs [Member] \| Global Corporate And Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	5,614
Level II - Fair Value, Inputs [Member] \| Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of plan assets	$ 2,658

Significant Accounting Policies and Recently Issued Accounting Standards (Narrative) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($) item employee shares	Dec. 31, 2023 USD ($) item segment shares	Dec. 31, 2022 USD ($) shares
Basis of Presentation and Recently Issued Accounting Standards
Entity number of employees \| item	601	601
Number of employees accepted voluntary severance program \| employee	58
Voluntary severance program, expense \| $	$ 2,607	$ 2,607
Percent of employees represented by a labor union	20.00%	20.00%
Number of reportable segments \| segment		1
Investments recorded under the cost method \| $	$ 1,432	$ 1,432	$ 1,432
Series A [Member]
Basis of Presentation and Recently Issued Accounting Standards
Common stock, voting rights, number of votes \| item	1	1
Series B [Member]
Basis of Presentation and Recently Issued Accounting Standards
Common stock, voting rights, number of votes \| item	10	10
RSUs [Member]
Basis of Presentation and Recently Issued Accounting Standards
Share-based payment award other than option outstanding \| shares	0	0	0
2017 Plan [Member]
Basis of Presentation and Recently Issued Accounting Standards
Number of shares authorized \| shares	1,000,000	1,000,000
Property and Equipment [Member]
Basis of Presentation and Recently Issued Accounting Standards
Lease expense for property and equipment \| $		$ 4,000	$ 4,796

Financial Instruments and Accounts Receivable, Net (Policy)	12 Months Ended
	Dec. 31, 2023
Financial Instruments and Accounts Receivable, Net [Abstract]
Accounts Receivable, Net, Policy	Accounts Receivable, Net. Accounts receivable are reported net of the allowance for credit losses calculated based on customer category. For example, trade receivables for advertising customers are evaluated separately from trade receivables from single copy sales. For all trade receivables, the reserve percentage considers the Company’s historical loss experience and is applied to each customer category based on aging. In addition, each category has specific reserves for at risk accounts that vary based on the nature of the underlying trade receivables. The calculation of the allowance considers current economic, industry and customer-specific conditions such as high-risk accounts, bankruptcies and other aging specific reserves. The collectability of the Company’s trade receivables depends on a variety of factors, including trends in local, regional or national economic conditions that affect its customers’ ability to pay. Accounts are written-off after all collection efforts fail; generally, after one year has expired. Expense for such uncollectible amounts is included in other production, distribution and operating costs. Credit terms are customary.

Pension and Other Retirement Plans (Schedule of Expected Benefit Payments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Pension and Other Retirement Plans [Abstract]
2024	$ 14,095
2025	14,017
2026	13,819
2027	13,629
2028	13,362
2029-2033	$ 61,578

Shareholders' Equity (Changes in Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	$ (41,380)	$ (32,406)
Amortization	(40)	522
Actuarial gains (losses)	1,173	(9,496)
Balance, end of period	(40,247)	(41,380)
Pension Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(41,777)	(32,485)
Amortization		526
Actuarial gains (losses)	1,199	(9,818)
Balance, end of period	(40,578)	(41,777)
Other Post-Employment Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	397	79
Amortization	(40)	(4)
Actuarial gains (losses)	(26)	322
Balance, end of period	$ 331	$ 397

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References + Details

Significant Accounting Policies and Recently Issued Accounting Standards (Property, Plant and Equipment by Type) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment
Total	$ 307,436	$ 313,440
Less accumulated depreciation	(300,337)	(306,002)
Property, plant and equipment, net	7,099	7,438
Land [Member]
Property, Plant and Equipment
Total	1,971	1,971
Buildings And Improvements [Member]
Property, Plant and Equipment
Total	$ 85,718	85,714
Buildings And Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment
Estimated useful life	5 years
Buildings And Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment
Estimated useful life	30 years
Publishing Equipment [Member]
Property, Plant and Equipment
Total	$ 173,994	173,646
Publishing Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment
Estimated useful life	3 years
Publishing Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment
Estimated useful life	20 years
Other [Member]
Property, Plant and Equipment
Total	$ 45,528	51,336
Other [Member] \| Minimum [Member]
Property, Plant and Equipment
Estimated useful life	3 years
Other [Member] \| Maximum [Member]
Property, Plant and Equipment
Estimated useful life	10 years
Construction In Process [Member]
Property, Plant and Equipment
Total	$ 225	$ 773

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Taxes [Abstract]
Computed expected income tax benefit	$ (1,415)	$ (1,939)
State income tax (net of federal benefit)	450	460
Valuation allowance	1,327	1,988
Nondeductible expenses	193	120
Uncertain tax position reserve	(66)
Deferred adjustment	(2)	94
Other	(23)	(165)
Income Tax Provision	$ 464	$ 558
Effective income tax rate	(7.00%)	(6.00%)

Revenue (Narrative) (Details) $ in Thousands	12 Months Ended
Revenue (Narrative) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, revenue recognized	$ 9,028
Minimum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation expected timing of revenue recognition	1 month
Maximum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation expected timing of revenue recognition	12 months

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 07, 2023
Shareholders' Equity [Line Items]
Dividends payable, amount per share	$ 1.50			$ 0.16
Quarterly dividends	$ 8,029
Dividends payable, date declared		Dec. 07, 2023
Dividends payable, date of record		Feb. 09, 2024
Dividends payable, date of payment		Mar. 01, 2024
Dividends paid		$ 3,426	$ 11,454
Series A [Member]
Shareholders' Equity [Line Items]
Common stock, shares, outstanding		4,737,852	4,737,772
Series B [Member]
Shareholders' Equity [Line Items]
Common stock, shares, outstanding		614,638	614,718

Income Taxes (Schedule of Components of Income Tax Provision (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Current
Federal	$ (66)
State	519	$ 583
Total current	453	583
Deferred
Federal	(1,324)	(1,985)
State	8	(28)
Total deferred	(1,316)	(2,013)
Valuation Allowance	1,327	1,988
Income Tax Provision	$ 464	$ 558