LEE ENTERPRISES, INC LEE Income Statement

Lee enterprises, inc (LEE)

Income statement / Yearly

Sep'19	Sep'18	Sep'17	Sep'17	Sep'16	Sep'15	Sep'14	Sep'13	Sep'12	Sep'11	Sep'10	Sep'09
Operating revenue:
Operating revenue
509,854	543,955	-	566,943	-	-	-	-	-	-	-	-
Advertising and marketing services
-	-	331,360	-	373,463	412,099	443,247	461,069	495,178	516,094	537,223	614,674
Subscription
-	-	191,922	-	194,002	194,474	176,826	177,056	173,971	171,395	171,155	185,154
Other revenues, net
-	-	43,661	-	46,899	41,970	40,804	39,649	37,772	35,732	40,066	42,202
Total operating revenue
-	-	566,943	-	614,364	648,543	660,877	677,774	706,921	723,221	748,444	842,030
Operating expenses:
Compensation
182,869	199,164	209,692	213,109	229,752	239,028	243,054	254,831	274,427	281,476	298,873	339,014
Newsprint and ink
22,237	24,949	24,904	24,904	26,110	30,263	37,994	43,481	51,635	55,818	51,707	72,311
Other operating expenses
193,709	199,653	199,754	199,754	218,726	229,165	223,509	216,055	213,502	219,515	227,603	257,060
Depreciation and amortization
29,332	31,766	-	41,282	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	41,282	-	43,441	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	18,418	20,920	21,302	23,443	25,624	26,716	32,807
Amortization of intangible assets
-	-	-	-	-	27,145	27,591	34,225	41,696	43,872	45,208	46,792
Impairment of intangible and other assets
-	-	-	-	-	0	2,980	171,094	1,388	204,289	899	-
Assets loss (gain) on sales, impairments and other, net
-2,464	-6,429	1,150	1,150	954	-106	1,338	-110	-	-	-	-
Impairment of goodwill and other assets
-	-	-	-	-	-	-	-	-	-	-	245,953
Restructuring costs and other
11,635	5,550	7,523	7,523	1,825	3,304	1,265	2,680	4,640	3,920	1,199	6,650
Total operating expenses
442,246	467,511	482,005	485,422	518,900	547,429	555,975	743,778	610,731	834,514	652,205	1,000,587
Curtailment gains
-	-	-	-	-	-	-	-	0	16,137	45,012	0
Equity in earnings of associated companies
7,121	9,249	7,609	7,609	8,533	8,254	8,297	8,685	7,231	6,151	7,746	5,120
Reduction of investment in TNI Partners
-	-	-	-	-	-	-	-	0	11,900	0	19,951
Operating income
74,729	85,693	92,547	89,130	103,997	109,368	113,199	-57,319	103,421	-100,905	148,997	-173,388
Non-operating income (expense):
Gain on Insurance Settlement
-	-	0	-	30,646	0	0	-	-	-	-	-
Financial income
-	-	-	-	-	-	385	300	236	296	411	1,886
Interest expense
47,488	52,842	57,573	57,573	64,233	72,409	79,724	89,447	83,078	52,696	63,117	75,425
Debt financing and administrative costs
7,214	5,311	-	4,818	-	-	-	-	-	-	-	-
Debt financing costs and amortization
-	-	4,818	-	5,947	5,433	22,927	646	2,823	12,612	8,514	17,467
Other, net
3,813	3,280	10,060	13,477	-6,268	6,386	3,028	7,889	-2,533	595	-1,172	1,823
Total non-operating expense, net
-50,889	-54,873	-52,331	-48,914	-45,802	-71,456	-99,238	-81,904	-88,198	-64,417	-72,392	-89,183
Income (loss) before reorganization costs and income taxes
-	-	-	-	-	-	-	-	15,223	-165,322	76,605	-
Reorganization costs
-	-	-	-	-	-	-	-	37,765	0	0	-
Income (loss) before income taxes
-	-	40,216	-	58,195	37,912	13,961	-139,223	-22,542	-165,322	76,605	-
Income before income taxes
23,840	30,820	-	40,216	-	-	-	-	-	-	-	-262,571
Income tax expense
7,931	-16,228	11,611	11,611	22,176	13,594	6,290	-62,745	-9,161	-20,166	29,308	-82,509
Income (loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-76,478	-13,381	-145,156	47,297	-180,062
Discontinued Operations, Net of Tax
-	-	-	-	-	-	-	-1,246	-2,918	-1,525	-1,119	-
Loss on disposition of discontinued operations, net of income tax effect
-	-	-	-	-	-	-	-	-	-	-	-5
Net income
15,909	47,048	28,605	28,605	36,019	24,318	7,671	-77,724	-16,299	-146,681	46,178	-180,067
Net income attributable to non-controlling interests
1,641	1,282	1,124	1,124	1,058	1,002	876	593	399	187	73	179
Decrease in redeemable non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-57,055
Income attributable to Lee Enterprises, Incorporated
14,268	45,766	27,481	27,481	34,961	23,316	6,795	-78,317	-16,698	-146,868	46,105	-123,191
Other comprehensive income (loss), net of income taxes
-17,368	4,322	6,710	6,710	-6,503	-6,445	-17,497	21,101	-7,348	-12,737	-14,704	-
Other comprehensive income (loss), net
-	-	-	-	-	-	-	-	-	-	-	-21,839
Comprehensive income attributable to Lee Enterprises, Incorporated
-3,100	50,088	34,191	34,191	28,458	16,871	-10,702	-57,216	-24,046	-159,605	31,401	-145,030
Income (Loss) from Continuing Operations Attributable to Parent
-	-	-	-	-	-	-	-77,071	-13,780	-145,343	47,224	-123,186
Earnings per common share:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-1.49	-0.28	-3.24	1.06	-2.77
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-0.02	-0.06	-0.03	-0.03	0.00
Basic: (in dollars per share)
0.26	0.84	0.51	0.51	0.66	0.44	0.13	-1.51	-0.34	-3.27	1.03	-2.77
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-1.49	-0.28	-3.24	1.05	-2.77
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-0.02	-0.06	-0.03	-0.02	0.00
Diluted: (in dollars per share)
0.25	0.82	0.50	0.50	0.64	0.43	0.13	-1.51	-0.34	-3.27	1.03	-2.77
Advertising and Marketing Services [Member]
Operating revenue
265,933	303,446	-	331,360	-	-	-	-	-	-	-	-
Subscription and Circulation [Member]
Operating revenue
186,691	195,108	-	191,922	-	-	-	-	-	-	-	-
Product and Service, Other [Member]
Operating revenue
57,230	45,401	-	43,661	-	-	-	-	-	-	-	-