The new york times company (NYT)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

32,854

68,212

16,427

25,171

30,156

56,976

24,974

23,596

21,914

-57,839

36,002

15,559

13,115

37,627

283

-492

-13,586

51,679

9,365

16,219

-14,421

33,832

-12,440

9,060

1,853

65,681

-24,285

20,137

3,323

178,388

2,724

-87,176

42,077

60,926

15,468

-119,823

5,226

67,099

-4,358

31,819

14,158

Adjustments to reconcile net income to net cash provided by operating activities:
Pension settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

40,329

0

0

9,525

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Multiemployer pension plan charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,358

0

0

4,697

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Early termination charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,550

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164,630

0

37,797

17,848

0

65,273

0

5,898

0

0

9,128

0

Impairment on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

600

0

4,900

-

-

-

-

-

-

-

-

Loss on sale of Regional Media Group

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,158

0

-7,026

2,309

0

0

0

0

-

-

-

-

Depreciation and amortization

15,185

15,113

15,450

15,180

14,918

15,042

14,847

14,081

15,041

14,910

15,677

15,131

16,153

15,720

15,384

15,147

15,472

15,574

15,369

15,810

14,844

20,819

19,375

19,169

20,092

20,678

21,391

21,608

21,800

21,237

24,727

25,183

32,628

28,857

29,402

29,547

28,648

30,134

30,100

30,327

30,389

Amortization of right of use asset

2,347

-

-

-

1,691

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

2,455

3,225

2,897

2,999

3,827

2,990

2,824

2,882

4,263

3,882

2,917

4,052

3,958

3,869

2,689

2,941

2,931

3,000

2,918

2,818

1,852

2,760

1,105

1,209

3,806

1,836

1,704

2,543

2,658

-925

1,474

715

3,429

2,707

-1,022

-192

7,004

1,194

1,730

1,642

2,463

Gain on non-marketable equity investment

10,074

-

-

-

1,886

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain)/loss from joint ventures

-

-

-

-

-

-

-

-

-

-12,823

31,557

-266

173

5,572

463

-412

-41,896

-25

170

-356

-572

-10,457

1,599

25

-2,147

1,385

-1,605

-459

-2,940

-168

2,351

-1,352

-3,417

591

-1,068

2,791

-5,749

-5,236

2,232

7,678

6,036

Long-term retirement benefit obligations

-4,469

-5,266

-6,074

-5,820

-5,754

-27,108

-11,334

-5,029

-3,406

-162,521

-8,618

-6,821

-6,458

-34,576

-7,628

-7,852

-6,886

-7,637

-3,186

-1,979

-2,602

4,921

-6,082

-29,101

-7,072

-19,822

-9,808

-15,977

-66,526

-110,074

-11,725

-13,213

-8,712

-85,183

-6,534

-5,072

-47,824

-69,644

-4,137

-89,972

-3,745

Fair market value adjustment on life insurance products

-3,469

1,246

4,263

-3,476

1,428

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Uncertain tax positions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-68

-339

460

1,480

-5

270

-118

6,099

-62

9,257

2,016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-net

3,064

2,164

2,817

1,113

-7,280

-727

-100

-1,282

2,565

-3,804

1,011

-51

1,788

12,782

-2,448

-2,927

-2,882

2,809

-6,661

-2,371

-5,271

-2,194

-5,785

-1,889

-2,273

12,397

-14,357

-5,810

-3,771

-1,924

-3,928

-3,141

-1,793

10,803

-4,018

-4,792

-1,531

1,633

-6,105

-745

-394

Changes in operating assets and liabilities:
Accounts receivable-net

-55,722

46,321

4,290

-17,264

-42,409

64,603

19,952

-13,507

-33,469

42,562

-7,230

-27,360

-20,442

44,766

2,632

-20,061

-37,162

49,610

2,961

-11,293

-46,788

52,357

639

-16,223

-26,607

37,113

5,802

1,056

-47,119

44,088

-13,264

-2,110

-33,844

38,721

-7,699

-7,817

-35,808

31,558

12,405

-7,713

-76,080

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,530

1,457

-

-

-

-

-3,495

-2,497

-3,381

2,567

2,071

3,583

-5,150

4,451

-5,658

3,651

-967

2,803

Other assets

-6,826

-14,046

2,846

10,226

4,329

-12,015

8,204

-13,542

-888

28,766

4,801

-2,598

-442

-23,525

1,992

18,126

1,808

-11,399

-3,163

1,831

-9,410

-6,775

1,435

46

4,787

2,964

-1,687

-4,532

1,404

6,902

-1,510

401

2,684

-66

99

-574

-1,279

1,348

243

-4,777

3,758

Accounts payable, accrued payroll and other liabilities

-79,225

9,701

34,319

-1,382

-55,835

49,192

36,691

1,749

-67,142

-2,461

32,826

14,642

-34,995

13,270

33,049

15,804

-94,399

53,722

11,089

10,888

-98,532

19,960

24,319

-23,201

-54,989

8,998

-13,861

25,294

-103,503

58,064

76,393

-13,488

-102,540

-10,586

-16,316

5,489

-75,594

-3,941

-280

24,639

-40,555

Unexpired subscriptions

10,697

1,671

-933

-5,058

8,695

2,175

-541

-2,951

10,307

-1,832

-2,253

-3,406

15,859

3,041

833

-1,239

3,867

-38

111

-1,608

2,983

-153

-109

-1,527

2,518

853

-80

-1,834

2,264

323

761

-2,087

4,965

791

-496

-722

3,368

-1,754

-1,008

-4,671

2,825

Net cash provided by operating activities

38,851

68,298

57,600

38,816

25,184

40,741

38,707

59,770

17,899

-61,183

48,434

69,330

30,131

18,233

44,852

52,800

-12,009

71,041

42,354

54,607

11,073

44,248

28,145

12,541

-4,443

24,785

36,632

60,996

-87,558

-44,959

50,398

83,478

-9,607

18,053

10,713

90,315

-45,154

60,698

32,037

-8,032

68,624

Cash flows from investing activities
Purchases of marketable securities

142,024

106,229

240,343

113,736

112,029

83,651

157,308

119,188

110,346

68,276

153,213

164,925

80,108

52,037

479,897

0

34,912

263,825

161,201

257,373

136,466

379,821

69,633

74,850

253,641

163,276

112,972

97,318

487,282

0

154,844

79,975

204,881

19,997

0

89,964

169,760

29,974

0

0

0

Maturities of marketable securities

127,291

248,822

235,483

114,535

108,792

87,411

111,718

111,947

122,936

94,439

176,523

160,034

117,465

202,710

206,140

172,550

143,965

191,565

156,240

112,637

357,820

124,335

113,935

140,520

127,921

164,200

122,888

95,338

64,924

144,920

154,962

24,995

84,849

84,915

54,973

64,961

0

-

-

-

-

Cash distribution from corporate-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

38,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisitions

8,055

-

-

-

0

-

-

-

-

-

-

-

-

25,000

3,160

0

12,250

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments – net

-2,965

-

-

-

-41

-

-

-

484

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

120

-5,595

-

-

-

-

Capital expenditures

15,217

12,340

10,036

12,592

10,473

15,504

16,454

20,647

24,882

36,922

26,420

13,379

8,032

8,275

7,228

4,050

10,542

5,815

6,704

5,655

8,791

9,531

7,536

7,750

10,533

5,282

4,677

2,429

4,554

4,910

10,763

9,858

9,357

9,430

12,008

10,597

12,852

13,260

7,876

5,433

6,996

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,295

991

-470

-2,711

-40

1,628

-398

301

0

0

1,100

5,806

0

0

-2,000

0

0

-3,000

-287

-1,000

0

28,628

0

-

-

-

-

Other-net

-1,617

-132

-1,159

-1,293

-689

-2,011

111

2,109

-635

-675

-612

474

-510

-789

0

-646

1,026

-755

73

-1,202

1,472

-2,180

-96

-533

867

-499

-42

466

75

-

-

-

-

-

-

-

-

-

-

-14,315

560

Repayment of borrowings against cash surrender value of corporate-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

26,005

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,500

2,070

0

4,597

0

0

0

2,265

(Purchase of)/proceeds from investmentsnet

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,906

-62,675

-29,850

-

-

-

-

-

-

-

-

Proceeds from sale of Regional Media Group

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

140,044

-

0

0

0

-

-

-

-

Net cash used in investing activities

-33,423

130,470

-13,737

-10,541

-12,980

2,714

-62,155

-29,513

-12,141

5,507

-2,498

-18,744

29,835

114,256

-281,340

168,787

122,765

-76,085

-12,048

-154,059

211,489

-256,002

36,154

59,356

-164,225

70,924

5,281

-4,875

-424,987

611,923

-6,739

837

40,792

63,696

154,818

-64,348

-172,420

-40,585

-5,526

10,882

-5,291

Cash flows from financing activities
Long-term obligations:
Repayment of debt and finance lease obligations

0

245,339

6,990

92

138

138

138

138

138

138

138

138

138

189,308

138

184

138

-5

-6

-5

223,664

19,997

18,563

142

155

134

13,900

5,747

178

81,152

152

142

138

-249,852

250,148

147

147

146

425

11

10

Dividends paid

8,344

8,335

8,333

8,335

6,601

6,657

6,633

6,598

6,530

6,521

6,514

6,496

6,473

6,481

6,479

6,476

6,461

6,546

6,688

6,672

6,693

6,692

6,060

6,059

6,047

6,040

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital shares:
Proceeds from stock option exercises

931

1,522

33

0

2,965

638

123

88

40,439

459

1,436

2,261

445

488

180

93

0

223

163

761

101,879

0

0

322

798

1,463

3,012

76

535

194

329

120

87

146

0

0

218

289

0

0

721

Repurchases

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15,684

25,732

34,219

6,121

3,221

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation tax withholding

11,432

0

-1

273

15,376

1,446

92

209

8,747

80

181

77

3,726

57

285

612

8,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-18,845

-252,152

-15,289

-8,700

-19,150

-7,603

-6,740

-6,857

25,024

-6,280

-5,397

-4,450

-9,892

-192,165

-6,722

-7,179

-30,958

-33,496

-40,738

-12,027

-131,699

-25,480

-24,623

-5,879

-5,404

-3,057

-10,888

-5,671

357

-80,958

177

-22

-51

-2

-250,148

-147

71

220,391

-425

-11

711

Net decrease in cash, cash equivalents and restricted cash

-13,417

-53,384

28,574

19,575

-6,946

35,852

-30,188

23,400

30,782

-61,956

40,539

46,136

50,074

-59,676

-243,210

214,408

79,798

-38,540

-10,432

-111,479

90,863

-237,234

39,676

66,018

-174,072

92,652

31,025

50,450

-512,188

486,006

43,836

84,293

31,134

81,747

-84,617

25,820

-217,503

240,504

26,086

2,839

64,044

Effect of exchange rate changes on cash

32

102

-507

643

-338

-443

-67

-668

195

299

26

36

232

-403

86

-39

119

-290

37

305

-1,295

-750

289

-81

16

85

381

138

-288

110

246

-469

183

-281

-149

94

372

523

124

-551

-421