Financial Analysis

Commitments and Contingencies In the ordinary course of business, we enter into contractual commitments for network affiliation agreements, the acquisition of programming and for other purchase and service agreements. Minimum payments on such contractual commitments at December 31, 2025 were: $783.9 million in 2026, $369.6 million in 2027, $165.6 million in 2028, $97.4 million in 2029, $31.2 million in 2030 and $6.9 million in later years. We expect these contracts will be replaced with similar contracts upon their expiration. We are involved in litigation arising in the ordinary course of business, such as defamation actions and governmental proceedings primarily relating to renewal of broadcast licenses, none of which is expected to result in material loss.

CommitmentsAndContingenciesDisclosureTextBlock

A disaggregation of the principal activities from which we generate revenue is as follows: For the years ended December 31, (in thousands) 2025 2024 2023 Operating revenues: Core advertising $ 1,332,495 $ 1,330,191 $ 1,444,539 Political 21,874 362,523 33,460 Distribution 758,679 784,573 779,217 Other 37,537 32,485 35,696 Total operating revenues $ 2,150,585 $ 2,509,772 $ 2,292,912

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Fair Value Measurement We measure certain financial assets and liabilities at fair value on a recurring basis, such as cash equivalents. The fair values of these financial assets were determined based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. These levels of input are as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Inputs, other than quoted market prices in active markets, that are observable either directly or indirectly. Level 3 Unobservable inputs based on our own assumptions. The following tables set forth our assets that are measured at fair value on a recurring basis at December 31, 2025 and 2024: December 31, 2025 (in thousands) Total Level 1 Level 2 Level 3 Cash equivalents $ 17,255 $ 17,255 $ $ December 31, 2024 (in thousands) Total Level 1 Level 2 Level 3 Cash equivalents $ 14,447 $ 14,447 $ $ The carrying amounts of cash, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short-term nature of those items. …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

Goodwill and Other Intangible Assets Goodwill by segment was as follows: (in thousands) Local Media Scripps Networks Other Total Gross balance as of December 31, 2022 $ 1,122,408 $ 2,028,890 $ 7,190 $ 3,158,488 Accumulated impairment losses (216,914) (21,000) (237,914) Net balance as of December 31, 2022 905,494 2,007,890 7,190 2,920,574 Impairment charge (952,000) (952,000) Balance as of December 31, 2023 $ 905,494 $ 1,055,890 $ 7,190 $ 1,968,574 Gross balance as of December 31, 2023 $ 1,122,408 $ 2,028,890 $ 7,190 $ 3,158,488 Accumulated impairment losses (216,914) (973,000) (1,189,914) Net balance as of December 31, 2024 $ 905,494 $ 1,055,890 $ 7,190 $ 1,968,574 Gross balance as of December 31, 2024 $ 1,122,408 $ 2,028,890 $ 7,190 $ 3,158,488 Accumulated impairment losses (216,914) (973,000) (1,189,914) Net balance as of December 31, 2024 905,494 1,055,890 7,190 1,968,574 Goodwill allocated to assets held for sale (46,737) (3,503) (50,240) Balance as of December 31, 2025 $ 858,757 $ 1,052,387 $ 7,190 $ 1,918,334 Gross balance as of December 31, 2025 $ 1,064,474 $ 2,022,159 $ 7,190 $ 3,093,823 Accumulated impairment losses (205,717) (969,772) (1,175,489) Net balance as of December 31, 2025 $ 858,757 $ 1,052,387 $ 7,190 $ 1,918,334 Other intangible assets consisted of the following: As of December 31, (in thousands) 2025 2024 Amortizable intangible assets: Carrying amount: Television network affiliation relationships $ 1,025,844 $ 1,060,244 Customer lists and advertiser rela …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

Income Taxes We file a consolidated federal income tax return, consolidated unitary returns in certain states, other separate state income tax returns for certain of our subsidiary companies, and applicable foreign returns. The components of income (loss) for operations before income taxes consisted of the following: For the years ended December 31, (in thousands) 2025 2024 2023 Domestic $ (121,691) $ 207,784 $ (962,902) Foreign 2,189 2,197 (4,609) Total $ (119,502) $ 209,981 $ (967,511) The provision for income taxes from operations consisted of the following: For the years ended December 31, (in thousands) 2025 2024 2023 Current: Federal $ 4,580 $ 64,533 $ 34,205 State and local 5,363 11,644 8,010 Foreign 263 1,053 Total current income tax provision 10,206 77,230 42,215 Deferred: Federal (24,151) (14,663) (53,476) State and local (4,527) 1,222 (7,278) Foreign (153) (26) (1,188) Total deferred income tax provision (28,831) (13,467) (61,942) Provision (benefit) for income taxes $ (18,625) $ 63,763 $ (19,727) The difference between the statutory rate for federal income tax and the effective income tax rate was as follows: For the years ended December 31, (in thousands) 2025 2024 2023 U.S. federal statutory rate $ (25,095) 21.0 % $ 44,096 21.0 % $ (203,177) 21.0 % State and local income taxes, net of federal income tax effect * (389) 0.3 9,025 4.2 (1,258) 0.1 Foreign tax effects (350) 0.3 565 0.3 (220) Nontaxable or non-deductible items: Non-deductible goodwill impairment 179,6 …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Leases We have operating leases for office space, data centers and certain equipment. Our operating leases have lease terms of 1 year to 30 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We also have a finance lease for office space that has a remaining lease term of 33 years. Operating lease costs recognized in our Consolidated Statements of Operations totaled $24.1 million, $22.8 million and $24.5 million in 2025, 2024 and 2023, respectively, including short-term lease costs of $6.5 million, $6.4 million and $3.5 million, respectively. Amortization of the right-of-use asset for our finance leases totaled $0.8 million for the years ended December 31, 2025, 2024 and 2023. Interest expense on the finance leases liability totaled $2.2 million for the years ended December 31, 2025 and 2024 and $2.1 million for the year ended December 31, 2023. Other information related to our leases was as follows: As of December 31, (in thousands, except lease term and discount rate) 2025 2024 Balance Sheet Information Operating Leases Right-of-use assets $ 95,975 $ 90,136 Other current liabilities 18,974 18,087 Operating lease liabilities 85,885 79,399 Finance Leases Property and equipment, at cost 28,321 28,321 Accumulated depreciation (2,454) (1,658) Property and equipment, net 25,867 26,663 Other liabilities 31,462 31,021 Weighted Average Remaining Lease Term Operating leases 10.20 …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

"Long-Term Debt Long-term debt consisted of the following: As of December 31, (in thousands) 2025 2024 Accounts receivable securitization facility $ 361,100 $ Revolving credit facilities Senior secured notes, due in January 2029 523,356 523,356 Senior secured notes, due in August 2030 750,000 Senior unsecured notes, due in July 2027 425,667 Senior unsecured notes, due in January 2031 392,071 392,071 Term loan, due in June 2028 281,126 Term loan, due in November 2029 337,603 Term loan, due in May 2026 721,213 Term loan, due in January 2028 543,000 Total outstanding principal 2,645,256 2,605,307 Less: Debt issuance costs and issuance discounts (50,868) (29,135) Less: Current portion (8,854) (15,612) Net carrying value of long-term debt $ 2,585,534 $ 2,560,560 Fair value of long-term debt * $ 2,487,833 $ 2,112,999 * The fair values of debt are estimated based on either quoted private market transactions or observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy. On April 10, 2025, we completed a series of previously announced refinancing transactions. On August 6, 2025, we issued new senior secured second lien notes and used the proceeds to pay off or paydown other outstanding debt balances. In connection with these refinancing transactions, we incurred $44.5 million of non-capitalized transaction costs that are reflected in the caption ""Other financing transaction costs"" in our Consolidated S …

LongTermDebtTextBlock · excerpt; the full note is in the filing

"In September 2025, the Financial Accounting Standards Board (""FASB"") issued new guidance that amends certain aspects of the accounting and disclosure requirements for internal-use software costs. The amendments in the guidance remove all references to prescriptive and sequential software development stages, and also provide criteria for when an entity is required to start capitalizing software costs. The guidance is effective for our annual periods beginning in 2028 and interim periods within those annual reporting periods, with early adoption permitted. The guidance can be applied using a prospective transition, modified transition or retrospective transition approach. We are currently evaluating the potential impact that this new guidance will have on our Consolidated Financial Statements and related disclosures. In November 2024, the FASB issued new guidance on disaggregation of income statement expenses. The guidance requires entities to disaggregate any relevant expense caption presented on the face of the income statement within continuing operations into the following required natural expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation, (4) intangible asset amortization, and (5) depreciation, depletion and amortization recognized as part of oil-and gas-producing activities or other types of depletion expenses. Such disclosures must be made on an annual and interim basis in a tabular format in the footnotes to the financial sta …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

"Employee Benefit Plans We sponsor a noncontributory defined benefit pension plan and non-qualified Supplemental Executive Retirement Plans (""SERPs""). Both the defined benefit plan and the SERPs have frozen the accrual of future benefits. We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans. We use a December 31 measurement date for our retirement plans. Retirement plans expense is based on valuations as of the beginning of each year. The components of the expense consisted of the following: For the years ended December 31, (in thousands) 2025 2024 2023 Interest cost $ 22,531 $ 22,444 $ 23,579 Expected return on plan assets, net of expenses (22,235) (24,072) (25,221) Amortization of actuarial loss and prior service cost 18 18 18 Total for defined benefit plans 314 (1,610) (1,624) SERPs 970 936 974 Defined contribution plan 15,010 16,290 15,998 Net periodic benefit cost $ 16,294 $ 15,616 $ 15,348 Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) were as follows: For the years ended December 31, (in thousands) 2025 2024 2023 Actuarial gain/(loss) $ 13,389 $ (5) $ 3,091 Amortization of actuarial loss and prior service cost 18 18 18 Total $ 13,407 $ …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

Segment Information We determine our operating segments based upon our management and internal reporting structure, as well as the basis that our chief operating decision maker makes resource allocation decisions. Our Local Media segment includes more than 60 local television stations and their related digital operations. It is comprised of 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. We also have 12 independent stations and 10 additional low power stations. Our Local Media segment earns revenue primarily from the sale of advertising to local, national and political advertisers and retransmission fees received from cable operators, telecommunication companies, satellite carriers and over-the-top virtual MVPDs. Our Scripps Networks segment includes national news outlets Scripps News and Court TV as well as popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. The Scripps Networks reach nearly every U.S. television home through free over-the-air broadcast, cable/satellite, connected TV and/or digital distribution. These operations earn revenue primarily through the sale of advertising. Our segment results reflect the impact of intercompany carriage agreements between our local broadcast television stations and our national networks. The intercompany carriage fee revenue earned by our local broadcast television stations is equal to the carriage fee expense incurred by our national networks. We also allocate a portio …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Summary of Significant Accounting Policies As used in the Notes to Consolidated Financial Statements, the terms Scripps, Company, we, our, or us may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies or to all of them taken as a whole. Nature of Operations We are a diverse media enterprise, serving audiences and businesses through a portfolio of local television stations and national news and entertainment networks. All of our businesses also have digital presences across online, mobile, connected television and social platforms, reaching consumers on all devices and platforms they use to consume content. Our media businesses are organized into the following reportable segments: Local Media, Scripps Networks and Other. Additional information for our segments is presented in the Notes to Consolidated Financial Statements. Basis of Presentation Certain amounts in the prior periods have been reclassified to conform to the current period's presentation. Concentration Risks Our operations are geographically dispersed and we have a diverse customer base. We believe bad debt losses resulting from default by a single customer, or defaults by customers in any depressed region or business sector, would not have a material effect on our financial position, results of operations or cash flows. During 2025, we derived approximately 63% of our operating revenues from advertising. Changes in the demand for such services, bo …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

A disaggregation of the principal activities from which we generate revenue is as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2025 2024 2025 2024 Operating revenues: Core advertising $ 323,436 $ 315,849 $ 978,450 $ 986,141 Political 5,549 131,403 11,915 176,850 Distribution 188,267 191,772 572,595 593,931 Other 8,602 7,276 27,367 24,471 Total operating revenues $ 525,854 $ 646,300 $ 1,590,327 $ 1,781,393 Total assets by segment were as follows : (in thousands) As of September 30, 2025 As of December 31, 2024 Assets: Local Media $ 2,293,883 $ 2,323,964 Scripps Networks 2,618,654 2,753,971 Total assets by reportable segments 4,912,537 5,077,935 Other (a) 32,268 34,800 Shared services and corporate 144,783 85,840 Total assets $ 5,089,588 $ 5,198,575 (a) Reflects assets of operating segments below the reportable quantitative thresholds. These operating segments include our Tablo business, the Scripps National Spelling Bee and operational aspects of the Scripps News and Scripps Sports business units.

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Goodwill and Other Intangible Assets Goodwill consisted of the following: (in thousands) Local Media Scripps Networks Other Total Gross balance as of December 31, 2024 $ 1,122,408 $ 2,028,890 $ 7,190 $ 3,158,488 Accumulated impairment losses (216,914) (973,000) (1,189,914) Net balance as of December 31, 2024 $ 905,494 $ 1,055,890 $ 7,190 $ 1,968,574 Gross balance as of September 30, 2025 $ 1,103,701 $ 2,028,890 $ 7,190 $ 3,139,781 Accumulated impairment losses (213,299) (973,000) (1,186,299) Net balance as of September 30, 2025 $ 890,402 $ 1,055,890 $ 7,190 $ 1,953,482 Other intangible assets consisted of the following: (in thousands) As of September 30, 2025 As of December 31, 2024 Amortizable intangible assets: Carrying amount: Television affiliation relationships $ 1,045,744 $ 1,060,244 Customer lists and advertiser relationships 219,597 220,997 Other 139,528 137,997 Total carrying amount 1,404,869 1,419,238 Accumulated amortization: Television affiliation relationships (363,174) (330,233) Customer lists and advertiser relationships (171,757) (156,310) Other (87,916) (76,622) Total accumulated amortization (622,847) (563,165) Net amortizable intangible assets 782,022 856,073 Indefinite-lived intangible assets FCC licenses 776,215 779,415 Total other intangible assets $ 1,558,237 $ 1,635,488 Estimated amortization expense of intangible assets for each of the next five years is $22.4 million for the remainder of 2025, $85.9 million in 2026, $82.8 million in 2027, $61.4 milli …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

"Income Taxes We file a consolidated federal income tax return, consolidated unitary tax returns in certain states and other separate state income tax returns for our subsidiary companies. The income tax provision for interim periods is determined based upon the expected effective income tax rate for the full year and the tax rate applicable to certain discrete transactions in the interim period. To determine the annual effective income tax rate, we must estimate both the total income (loss) before income tax for the full year and the jurisdictions in which that income (loss) is subject to tax. The actual effective income tax rate for the full year may differ from these estimates if income (loss) before income tax is greater than or less than what was estimated or if the allocation of income (loss) to jurisdictions in which it is taxed is different from the estimated allocations. We review and adjust our estimated effective income tax rate for the full year each quarter based upon our most recent estimates of income (loss) before income tax for the full year and the jurisdictions in which we expect that income will be taxed. The effective income tax rate for the nine months ended September 30, 2025 and 2024 was 8.1% and 34%, respectively. Differences between our effective income tax rate and the U.S. federal statutory rate are the impact of state taxes, foreign taxes, non-deductible expenses, changes in reserves for uncertain tax positions, excess tax benefits or expense from …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Leases We have operating leases for office space, data centers and certain equipment. We also have finance leases for office space. Our leases have lease terms of 1 year to 33 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. Operating lease costs recognized in our Condensed Consolidated Statements of Operations for the three months ended September 30, 2025 and 2024 totaled $6.1 million and $5.4 million, respectively, including short-term lease costs of $1.6 million and $1.2 million, respectively. Year-to-date September 30, 2025 and 2024 operating lease costs totaled $17.6 million and $17.2 million, respectively, including short-term lease costs of $5.0 million and $3.9 million, respectively. Amortization of the right-of-use asset for our finance leases totaled $0.2 million for both the three months ended September 30, 2025 and 2024 and $0.6 million for both the nine months ended September 30, 2025 and 2024. Interest expense on the finance leases liability totaled $0.6 million and $0.5 million for the three months ended September 30, 2025 and 2024. Interest expense on the finance leases liability totaled $1.7 million and $1.6 million for the nine months ended September 30, 2025 and 2024. Other information related to our leases was as follows: (in thousands, except lease term and discount rate) As of September 30, 2025 As of December 31, 2024 Balance Sheet Information Op …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

"Long-Term Debt Long-term debt consisted of the following: (in thousands) As of September 30, 2025 As of December 31, 2024 Accounts receivable securitization facility $ 359,800 $ Revolving credit facilities Senior secured notes, due in January 2029 523,356 523,356 Senior secured notes, due in August 2030 750,000 Senior unsecured notes, due in July 2027 425,667 Senior unsecured notes, due in January 2031 392,071 392,071 Term loan, due in June 2028 337,489 Term loan, due in November 2029 338,453 Term loan, due in May 2026 721,213 Term loan, due in January 2028 543,000 Total outstanding principal 2,701,169 2,605,307 Less: Debt issuance costs and issuance discounts (55,577) (29,135) Less: Current portion (8,854) (15,612) Net carrying value of long-term debt $ 2,636,738 $ 2,560,560 Fair value of long-term debt * $ 2,459,950 $ 2,112,999 * The fair values of debt are estimated based on either quoted private market transactions or observable estimates provided by third party financial professionals, and as such, are classified within Level 2 of the fair value hierarchy. On April 10, 2025, we completed a series of previously announced refinancing transactions. On August 6, 2025, we issued new senior secured second lien notes and used the proceeds to pay off or paydown other outstanding debt balances. In connection with these refinancing transactions, we incurred $44.5 million of non-capitalized transaction costs that are reflected in the caption ""Other financing transaction costs"" i …

LongTermDebtTextBlock · excerpt; the full note is in the filing

"Recently Issued Accounting Standards In September 2025, the Financial Accounting Standards Board (""FASB"") issued new guidance that amends certain aspects of the accounting and disclosure requirements for internal-use software costs. The amendments in the guidance remove all references to prescriptive and sequential software development stages, and also provide criteria for when an entity is required to start capitalizing software costs. The guidance is effective for our annual periods beginning in 2028 and interim periods within those annual reporting periods, with early adoption permitted. The guidance can be applied using a prospective transition, modified transition or retrospective transition approach. We are currently evaluating the potential impact that this new guidance will have on our Consolidated Financial Statements and related disclosures. In November 2024, the FASB issued new guidance on disaggregation of income statement expenses. The guidance requires entities to disaggregate any relevant expense caption presented on the face of the income statement within continuing operations into the following required natural expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation, (4) intangible asset amortization, and (5) depreciation, depletion and amortization recognized as part of oil-and gas-producing activities or other types of depletion expenses. Such disclosures must be made on an annual and interim basis in a tabular format …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

"Employee Benefit Plans We sponsor a noncontributory defined benefit pension plan and non-qualified Supplemental Executive Retirement Plans (""SERPs""). The accrual for future benefits has been frozen in our defined benefit pension plan and SERPs. We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan. Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans. The components of the employee benefit plan expense consisted of the following: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2025 2024 2025 2024 Interest cost $ 5,650 $ 5,628 $ 16,948 $ 16,833 Expected return on plan assets, net of expenses (5,558) (6,018) (16,675) (18,054) Amortization of actuarial loss and prior service cost 4 5 13 14 Total for defined benefit pension plan 96 (385) 286 (1,207) SERPs 242 233 727 701 Defined contribution plan 3,586 3,845 11,967 12,786 Net periodic benefit cost $ 3,924 $ 3,693 $ 12,980 $ 12,280 We contributed $1.0 million to fund current benefit payments for our SERPs during the nine months ended September 30, 2025. During the remainder of 2025, we anticipate contributing an additional $0.5 million to fund the SERPs' benefit payments. We have met regulatory funding requirements for our qualified benefit pension plan and do not have a …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

Segment Information We determine our operating segments based upon our management and internal reporting structure, as well as the basis that our chief operating decision maker makes resource-allocation decisions. Our Local Media segment includes more than 60 local television stations and their related digital operations. It is comprised of 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. We also have 11 independent stations and 10 additional low power stations. Our Local Media segment earns revenue primarily from the sale of advertising to local, national and political advertisers and retransmission fees received from cable operators, telecommunications companies, satellite carriers and over-the-top virtual MVPDs. Our Scripps Networks segment includes national news outlets Scripps News and Court TV as well as popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. The Scripps Networks reach nearly every U.S. television home through free over-the-air broadcast, cable/satellite, connected TV and/or digital distribution. These operations earn revenue primarily through the sale of advertising. Our segment results reflect the impact of intercompany carriage agreements between our local broadcast television stations and our national networks. The intercompany carriage fee revenue earned by our local broadcast television stations is equal to the carriage fee expense incurred by our national networks. We also allocate a porti …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Summary of Significant Accounting Policies As used in the Notes to Condensed Consolidated Financial Statements, the terms Scripps, Company, we, our, or us may, depending on the context, refer to The E.W. Scripps Company, to one or more of its consolidated subsidiary companies, or to all of them taken as a whole. Basis of Presentation The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. The interim financial statements should be read in conjunction with the audited consolidated financial statements, including the notes thereto included in our 2024 Annual Report on Form 10-K. In management's opinion, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the interim periods have been made. Results of operations are not necessarily indicative of the results that may be expected for future interim periods or for the full year. Additionally, certain amounts in prior periods have been reclassified to conform to the current period's presentation. Principles of Consolidation The consolidated financial statements include our accounts and those of our wholly-owned and majority-owned subsidiaries and variable interest entities (""VIEs"") for which we are the primary beneficiary. We are the primary beneficiary of a VIE when we have the po …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing