McClatchy Company MNI Income Statement

Mcclatchy company (MNI)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Apr'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUES - NET:
Advertising
-	-	-	-	-	-	-	-	-	-	-	-	-	-	158,367	133,212	140,900	136,256	177,788	149,860	158,520	151,247	201,689	169,843	184,649	175,602	230,485	191,032	203,489	197,122	251,288	212,023	222,565	209,764	270,948	224,222	236,022	225,113	249,134	260,540
Audience
-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,667	91,022	90,479	90,662	94,497	89,310	90,842	93,209	95,478	91,344	90,817	88,953	88,979	85,015	86,489	85,828	83,750	81,639	84,400	84,791	149,167	64,071	65,144	66,167	66,383	67,666
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,145	10,467	10,855	11,061	13,540	12,041	12,998	12,722	12,924	11,712	11,925	11,616	11,621	10,999	11,630	12,159	11,659	12,670	13,161	12,134	13,536	11,926	13,084	12,454	12,193	13,824
Net revenues
183,092	167,438	178,662	180,324	212,955	191,065	204,348	204,348	198,858	198,858	244,656	212,604	225,120	221,212	262,179	234,701	242,234	237,979	285,825	251,211	262,360	257,178	310,091	272,899	287,391	276,171	331,085	287,046	301,608	295,109	346,697	306,332	320,126	306,689	433,651	300,219	314,250	303,734	327,710	342,030
OPERATING EXPENSES:
Compensation
62,958	57,828	61,456	69,435	67,383	73,501	77,937	77,937	79,212	79,212	79,705	80,652	86,823	91,408	83,923	91,351	94,543	99,080	82,700	95,015	101,091	106,672	99,253	100,595	103,481	108,552	101,497	103,037	105,871	112,576	104,903	108,421	108,086	112,649	104,864	108,751	119,735	124,357	126,574	129,934
Newsprint, supplements and printing expenses
-	11,147	11,229	-	-	12,913	13,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Newsprint, supplements and printing expenses
-	-	-	11,696	-	-	-	13,761	13,659	13,659	17,059	15,075	16,459	17,845	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Newsprint, supplements and printing expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,976	19,320	19,565	19,032	23,792	22,583	24,523	24,776	30,792	27,649	29,083	27,277	31,420	28,285	30,131	30,715	35,841	33,058	34,968	34,339	38,313	35,238	36,947	35,376	32,962	32,651
Depreciation and amortization
5,517	5,575	17,411	17,518	18,746	19,041	19,222	19,222	19,233	19,233	21,113	19,588	19,624	19,804	19,895	20,559	24,430	24,562	25,703	27,295	24,934	23,663	23,613	23,804	25,926	40,295	34,146	27,285	29,693	30,446	32,044	30,741	30,822	30,741	-	29,618	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,353	31,231	32,651	35,904
Other operating expenses
88,435	82,905	83,087	88,204	92,045	90,527	91,817	91,817	89,649	89,649	84,046	83,963	90,104	94,717	94,750	97,912	102,695	97,658	102,844	97,929	100,349	103,225	107,180	102,301	101,456	104,745	103,347	101,744	105,756	100,774	97,327	101,633	103,315	100,985	167,064	81,169	82,082	92,315	85,184	86,444
Other asset write-downs
-	-	0	739	-	-	-	0	59	59	12,770	8,715	0	1,957	-	330	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and other asset write-downs (see Notes 3 and 6)
-	295,270	-	-	-	14,148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300,429	-	-	-	138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses, total
208,122	452,725	173,183	187,592	215,500	210,130	202,737	202,737	201,812	201,812	214,693	207,993	213,010	225,731	228,740	229,472	241,233	240,332	239,458	242,822	551,326	258,336	268,927	254,349	260,084	280,869	287,591	260,351	271,451	274,511	270,115	273,853	277,191	278,714	343,367	254,776	269,117	283,279	277,371	284,933
OPERATING LOSS
-25,030	-285,287	5,479	-7,268	-2,545	-19,065	1,611	1,611	-2,954	-2,954	29,963	4,611	12,110	-4,519	33,439	5,229	1,001	-2,353	46,367	8,389	-288,966	-1,158	41,164	18,550	27,307	-4,698	43,494	26,695	30,157	20,598	76,582	32,479	42,935	27,975	90,284	45,443	45,133	20,455	50,339	57,097
NON-OPERATING INCOME (EXPENSE):
Interest expense
19,273	19,733	19,920	20,044	21,216	23,346	17,939	17,939	18,896	18,896	20,954	19,801	20,292	20,454	20,745	20,953	21,223	20,247	20,233	21,230	22,172	22,338	27,490	33,126	33,475	33,412	32,461	33,531	33,873	35,516	38,509	39,718	30,630	42,477	37,739	42,052	44,696	40,947	44,032	49,449
Interest income
-	-	-	-	-	-	-	169	-	137	148	121	136	153	145	110	112	96	134	64	70	63	190	14	46	4	5	17	22	9	18	20	36	14	38	12	26	21	449	44
Equity income (loss) in unconsolidated companies, net
-	-	-	-	-	-	-	-	-	-1,268	-	-	-	63	2,747	3,632	4,264	2,741	-3,615	5,158	4,676	3,867	-5,282	7,398	7,410	9,558	7,543	13,979	11,968	9,161	4,855	11,728	9,334	6,018	6,482	8,608	9,500	3,172	5,368	3,739
Equity income (loss) in unconsolidated companies, net
-	-39	-900	-629	-	-473	2,314	2,314	-1,268	-	-	-600	-159	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments related to investments in unconsolidated companies, net
-	-	-	-	-	-	-	-	-	-	-	1,866	46,147	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains related to investments in unconsolidated companies
-	-	-	-	-	1,721	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments related to equity investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	123,000	0	0	0	892	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains related to equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	0	7,460	633	-	11	145,893	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on extinguishment of debt, net
-	-	-1,986	-	-341	36,286	-19	-19	-5,349	-5,349	-	-1,831	-869	-	-1,104	0	0	1,535	-	1,632	-883	-	-	-	-	-	0	-873	0	-12,770	-94,504	-12	1,653	4,433	1,289	-13	-1,214	-1,265	-	-27
Retirement benefit expense
4,329	4,330	4,329	10,727	2,779	2,778	2,779	2,779	2,778	2,778	3,421	3,328	3,328	3,327	3,694	3,694	3,694	3,694	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of Miami property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,925	10,013	-	-	-	-	-	-	-	-	-	-	-
Other - net
175	173	218	150	441	271	65	-104	176	39	-418	23	23	60	-36	-13	75	-42	0	-44	-182	-66	61	374	82	62	360	88	41	52	-4	40	5	38	-17	40	159	66	42	95
Non-operating income (expense), total
-23,184	-23,929	-26,917	-31,250	-24,182	11,681	-18,358	-18,358	-28,115	-28,115	-24,641	-27,282	-70,636	-146,505	-22,687	-20,918	-20,466	-20,503	-33,299	-14,420	-11,031	-17,841	454,045	-25,329	119,956	-23,788	-24,553	-17,395	-11,829	-39,064	-128,144	-27,942	-19,602	-31,974	-29,947	-33,405	-36,225	-38,953	-38,173	-45,598
Loss before income taxes
-48,214	-309,216	-21,438	-38,518	-26,727	-7,384	-16,747	-16,747	-31,069	-31,069	5,322	-22,671	-58,526	-151,024	10,752	-15,689	-19,465	-22,856	13,068	-6,031	-299,997	-18,999	495,209	-6,779	147,263	-28,486	18,941	9,300	18,328	-18,466	-51,562	4,537	23,333	-3,999	60,337	12,038	8,908	-18,498	12,166	-
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,499
Income tax benefit
-1,297	-4,513	-3,907	3,438	762	-14,422	3,618	3,618	7,872	7,872	-55,817	237,805	-21,080	-55,449	7,666	-5,885	-4,731	-10,115	4,238	-4,882	-3,500	-7,653	192,199	-4,160	55,615	-12,424	7,453	2,564	7,367	-5,725	-17,725	-556	-3,532	-1,912	18,332	2,639	3,961	-16,536	85	4,221
INCOME (LOSS) FROM CONTINUING OPERATIONS, NET OF TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	303,010	-2,619	91,648	-16,062	-	6,736	10,961	-	-	-	-	-	-	-	-	-	12,081	7,278
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-368	-141	-1,699	220	-	529	791	-	-	-	-	-	-	-	-	-	-161	-
NET LOSS
-46,917	-304,703	-17,531	-41,956	-27,489	7,038	-20,365	-20,365	-38,941	-38,941	61,139	-260,476	-37,446	-95,575	3,086	-9,804	-14,734	-12,741	8,830	-1,149	-296,497	-11,346	302,642	-2,760	89,949	-15,842	12,527	7,265	11,752	-12,741	-30,015	5,093	26,865	-2,087	42,005	9,399	4,947	-1,962	11,920	7,278
Net loss per common share:
Income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42.48	-0.03	1.06	-0.19	-	0.07	0.13	-	-	-	-	-	-	-	-	-	0.14	0.09
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.21	-0.01	-0.02	0.01	-	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-
Pension and post retirement plans: Unamortized gain (loss)/prior service credit, net of taxes of $(1,100), $(611), $(3,299) and $11,746
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-948	-	-	-	-
Pension and post retirement plans: Unamortized gain (loss)/prior service credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,122	-	-	-
Unamortized gain/prior service credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	-	-
Other comprehensive income (loss) related to investment in unconsolidated companies, net of taxes of $(140), $381, $721 and $82
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-572	-178	626	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	376	-	-	-	-
OTHER COMPREHENSIVE INCOME(LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,300	-	-	-
OTHER COMPREHENSIVE INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,226	-	-
Total comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,775	-14,353	-736	-	-
Net loss per share - basic (in dollars per share)
-5.99	-38.43	-2.21	-5.34	-3.51	0.90	-2.62	-2.62	-5.04	-5.04	8.07	-34.11	-4.91	-12.60	0.36	-1.30	-1.89	-1.58	-0.43	-0.15	-33.95	-0.13	42.26	-0.03	1.04	-0.18	0.15	0.08	0.14	-0.15	-	0.06	0.31	-0.02	0.49	0.11	0.06	-0.02	0.14	0.09
Income (loss) from continuing operations - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41.74	-0.03	1.03	-0.19	-	0.07	0.13	-	-	-	-	-	-	-	-	-	0.14	0.09
Loss from discontinued operations - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.20	-0.02	-0.01	0.01	-	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-
Net loss per share - diluted (in dollars per share)
-5.99	-38.43	-2.21	-5.34	-3.51	0.90	-2.62	-2.62	-5.04	-5.04	8.07	-34.11	-4.91	-12.60	0.36	-1.30	-1.89	-1.58	-0.43	-0.15	-33.95	-0.13	41.52	-0.03	1.02	-0.18	0.15	0.08	0.14	-0.15	-	0.06	0.31	-0.02	0.48	0.11	0.06	-0.02	0.14	0.09
Weighted average number of common shares:
Basic (in shares)
7,932	7,929	7,925	7,858	7,812	7,778	7,761	7,761	7,721	7,721	7,681	7,637	7,622	7,588	7,544	7,614	7,784	8,058	-70,032	8,717	8,744	87,207	-225,357	86,868	86,734	86,475	86,342	86,291	86,149	86,022	342,718	85	85	85	255,373	85,300	85	85	84,834	84,673
Diluted (in shares)
7,932	7,929	7,925	7,858	7,740	7,850	7,761	7,761	7,721	7,721	7,681	7,637	7,622	7,588	7,544	7,614	7,784	8,058	-70,032	8,717	8,744	87,207	-226,592	86,868	88,593	86,475	88,495	87,230	86,797	86,022	342,717	86	86	85	257,941	86,064	85	85	85,458	85,484
Advertising
Net revenues
89,706	76,754	85,455	85,195	114,778	95,102	106,953	-	99,887	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Audience
Net revenues
80,045	78,333	80,292	83,112	84,363	84,040	84,825	-	86,278	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Net revenues
13,341	12,351	12,915	12,017	13,814	11,923	12,570	-	12,693	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-