THE NEW YORK TIMES COMPANY NYT Income Statement

The new york times company (NYT)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Revenues
Total revenues
1,812,184	1,748,598	1,675,639	1,555,342	1,579,215	1,588,528	1,577,230	1,595,341	1,554,574	1,980,727	2,440,439	2,939,764
Operating costs
Other production costs
206,381	196,956	186,352	192,728	186,120	197,464	201,942	213,616	216,094	248,768	330,061	438,927
Cost of Goods and Services Sold
706,355	654,176	616,342	629,355	617,812	643,995	626,913	651,318	640,261	806,474	1,021,230	1,310,343
Selling, general and administrative costs
867,623	845,591	815,065	728,338	713,837	761,055	706,354	711,112	687,558	909,909	1,152,874	1,328,432
Depreciation and amortization
60,661	59,011	61,871	61,723	61,597	79,455	78,477	78,980	83,833	96,620	133,696	144,301
Total operating costs
1,634,639	1,558,778	1,493,278	1,419,416	1,393,246	1,484,505	1,411,744	1,441,410	1,411,652	1,813,003	2,307,800	2,783,076
Headquarters Redesign and Consolidation
0	4,504	10,090	0	0	-	-	-	-	-	-	-
Restructuring Charges
4,008	0	0	16,518	0	0	-	-	-	-	-	-
Multiemployer Plans, Gain (Loss) On Withdrawal Obligation
2,045	4,851	4,320	-6,730	9,055	0	6,171	0	4,228	6,268	78,931	-
Early termination charge
-	-	-	-	-	2,550	0	0	-	-	-	-
Other expense
-	-	-	-	-	-	-	2,620	4,500	0	-	-
Postretirement benefit plan settlement gain
-	-	-	-	0	-	-	-	-	-	-	-
Pension settlement expense
-	-	-	21,294	40,329	9,525	3,228	47,657	0	0	-	-
Impairment of assets
-	-	-	-	-	-	-	-	7,458	16,148	4,179	197,879
Loss on leases and other expenses
-	-	-	-	-	-	-	-	-	-	34,633	-
Net pension curtailment gain
-	-	-	-	-	-	-	-	-	-	53,965	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	5,198	-
Operating profit
175,582	190,167	176,591	112,678	136,585	91,948	156,087	103,654	126,736	145,308	74,059	-41,191
Other components of net periodic benefit costs
-7,302	-8,274	-64,225	-11,074	-	-	-	-	-	-	-	-
Gain on sale of investments
-	-	-	-	-	-	-	220,275	71,171	9,128	0	-
Impairment of investments
-	-	-	-	-	-	-	5,500	0	0	-	-
Income (Loss) from Equity Method Investments
0	10,764	18,641	-36,273	-783	-8,368	-3,215	2,936	-270	19,035	20,667	17,062
Premium on debt redemption
-	-	-	-	-	-	-	-	-46,381	0	-9,250	-
Interest Income (Expense), Net
-3,820	-16,566	-19,783	-34,805	-39,050	-53,730	-58,073	-62,808	-85,243	-85,062	-81,701	47,790
Income from continuing operations before income taxes
164,460	176,091	111,224	30,526	96,752	29,850	94,799	258,557	66,013	88,409	3,775	-71,919
Income Tax Expense (Benefit)
24,494	48,631	103,956	4,421	33,910	-3,541	37,892	94,617	21,417	33,317	2,206	-5,979
Net income
139,966	127,460	6,837	23,832	62,842	32,305	64,856	136,013	-38,203	108,718	19,901	-57,338
Net income attributable to the noncontrolling interest
0	1,776	2,541	-5,236	-404	-1,002	-249	166	-555	1,014	10	501
Net income attributable to The New York Times Company common stockholders
139,966	125,684	4,296	29,068	63,246	33,307	65,105	135,847	-37,648	107,704	19,891	-57,839
Amounts attributable to The New York Times Company common stockholders:
Income from continuing operations
139,966	125,684	4,727	31,341	63,246	34,393	57,156	163,774	45,151	54,078	1,559	-66,441
Income from continuing operations
-	-	-	26,105	62,842	33,391	56,907	163,940	44,596	55,092	1,569	-65,940
Loss from discontinued operations, net of income taxes
0	0	-431	-2,273	0	-1,086	7,949	-27,927	-82,799	53,626	18,332	8,602
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-20,413	-113,447	-82,799	53,613	-1,156	302
(Loss)/gain on sale, net of income taxes
-	-	-	-	-	-	28,362	85,520	0	13	19,488	8,300
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-1,086	7,949	-27,927	-82,799	-	-	8,602
Loss from discontinued operations, net of income taxes
0	0	-431	-2,273	0	-	-	-	-	53,626	18,332	8,602
Net (loss) attributable to The New York Times Company common stockholders
139,966	125,684	4,296	29,068	63,246	-	-	-	-37,648	107,704	19,891	-57,839
Average number of common shares outstanding:
Basic (in shares)
166,042	164,845	161,926	161,128	164,390	150,673	149,755	148,147	147,190	145,636	144,188	143,777
Diluted (in shares)
167,545	166,939	164,263	162,817	166,423	161,323	157,774	152,693	152,007	152,600	146,367	143,777
Basic earnings per share attributable to The New York Times Company common stockholders
Income from continuing operations (USD per share)
0.84	0.76	0.03	0.19	0.38	0.23	0.38	1.11	0.31	0.37	0.01	-0.46
Loss from discontinued operations, net of income taxes (USD per share)
-	-	-	-0.01	0.00	-0.01	0.05	-0.19	-0.57	0.37	0.13	0.06
Basic earnings (in usd per share)
0.84	0.76	0.03	0.18	0.38	0.22	0.43	0.92	-0.26	0.74	0.14	-0.40
Diluted earnings per share attributable to The New York Times Company common stockholders
Income from continuing operations (USD per share)
0.83	0.75	0.03	0.19	0.38	0.21	0.36	1.07	0.30	0.35	0.01	-0.46
Loss from discontinued operations, net of income taxes (USD per share)
-	-	-	-0.01	0.00	-0.01	0.05	-0.18	-0.55	0.36	0.13	0.06
Diluted earnings (in usd per share)
0.83	0.75	0.03	0.18	0.38	0.20	0.41	0.89	-0.25	0.71	0.14	-0.40
Dividends declared per share (in usd per share)
0.20	0.16	0.16	0.16	0.16	0.16	0.08	0.00	0.00	-	-	0.75
Subscription
Total revenues
1,083,851	1,042,571	1,008,431	880,543	851,790	840,213	824,277	795,037	705,163	851,077	936,486	910,154
Advertising
Total revenues
530,678	558,253	558,513	580,732	638,709	662,315	666,687	711,829	756,148	994,144	1,336,291	1,771,033
Other
Total revenues
197,655	147,774	108,695	94,067	88,716	86,000	86,266	88,475	93,263	135,506	167,662	258,577
Product
Wages and benefits
424,070	380,678	363,686	364,302	354,516	357,573	332,085	331,321	315,900	421,067	524,782	620,573
Raw materials
75,904	76,542	66,304	72,325	77,176	88,958	92,886	106,381	108,267	136,639	166,387	250,843