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GuruFocus has detected 1 Warning Sign with Gannett Co Inc $GCI.
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Gannett Co Inc (NYSE:GCI)
Construction In Progress
$10 Mil (As of Dec. 2016)

Gannett Co Inc's quarterly construction in progress stayed the same from Jun. 2016 ($0 Mil) to Sep. 2016 ($0 Mil) but then increased from Sep. 2016 ($0 Mil) to Dec. 2016 ($10 Mil).

Gannett Co Inc's annual construction in progress increased from Dec. 2014 ($11 Mil) to Dec. 2015 ($18 Mil) but then declined from Dec. 2015 ($18 Mil) to Dec. 2016 ($10 Mil).


Definition

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gannett Co Inc Annual Data

Dec12Dec13Dec14Dec15Dec16
ConstructionInProgress 0000006111810

Gannett Co Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ConstructionInProgress 0110001800010
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