The new york times company (NYT)
Income statement / 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'10Sep'09Jun'09
Revenues
Total revenues

443,636

508,363

428,501

436,258

439,062

502,744

417,346

414,560

413,948

484,126

385,635

407,074

398,804

439,650

363,547

372,630

379,515

444,686

367,404

382,886

384,239

444,683

364,718

388,719

390,408

443,860

361,738

390,957

380,675

468,114

355,337

387,841

384,049

90,353

451,569

511,988

500,664

248,940

554,333

589,587

587,867

569,462

582,693

Operating costs
Other production costs

-

-

53,868

49,897

-

58,502

47,521

45,277

45,656

51,581

44,336

45,082

45,353

52,790

47,347

45,075

47,516

50,372

44,632

45,395

45,721

51,291

49,525

48,309

48,339

53,656

49,144

49,435

49,707

-

-

-

-

17,926

61,603

68,172

68,393

24,899

74,047

74,524

75,298

79,633

80,476

Cost of Goods and Services Sold

243,672

115,206

178,776

173,014

239,359

180,544

163,434

155,857

154,341

163,197

150,154

149,694

153,297

162,160

156,616

152,717

157,862

156,372

152,031

152,773

156,636

165,891

161,177

157,944

158,983

164,515

152,595

153,069

156,734

177,440

157,370

158,174

158,334

17,903

197,504

209,848

215,006

91,439

237,384

236,802

240,849

240,256

253,089

Selling and Marketing Expense

73,796

-

-

-

74,820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product development

30,802

-

-

-

23,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and Administrative Expense

52,861

-

-

-

51,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative costs

-

-

207,226

210,131

-

231,127

202,473

203,368

208,623

216,698

185,442

213,788

199,137

193,427

184,596

172,069

178,246

180,717

178,071

176,252

178,797

195,549

193,198

185,584

186,724

186,744

169,824

172,914

176,872

186,501

169,459

172,820

182,332

13,628

209,269

230,595

234,066

128,865

255,440

261,633

263,971

250,681

264,886

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

20,496

20,293

18,750

18,938

18,492

19,594

20,212

20,682

7,813

23,747

26,600

25,673

5,804

30,100

30,327

30,389

31,306

34,391

Total operating costs

416,316

430,398

401,452

398,325

404,464

426,713

380,754

373,306

378,005

394,805

351,273

378,613

368,587

371,307

356,596

339,933

351,580

352,663

345,471

344,835

350,277

382,259

373,750

362,697

365,799

371,755

342,712

344,733

352,544

382,433

346,423

351,206

361,348

39,344

430,520

467,043

474,745

226,108

522,924

528,762

535,209

522,243

552,366

Headquarters Redesign and Consolidation

-

-

0

0

-

1,364

0

1,252

1,888

3,161

2,542

1,985

2,402

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

-

-

4,008

-

-

-

0

-

-

-

-

-

-

1,714

2,949

11,855

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multiemployer Plans, Gain (Loss) On Withdrawal Obligation

-

-

2,000

-

-

0

4,900

-

-

4,320

0

-

-

-

-4,971

11,701

-

4,358

0

0

4,697

0

0

0

0

-

6,171

-

-

0

0

0

0

-

0

4,228

-

-

6,268

0

-

-

-

Early termination charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,550

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,620

0

0

0

-

-

-

-

-

-

-

-

-

-

Postretirement benefit plan settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

40,329

0

0

9,525

0

-

-

-

-

47,657

0

0

0

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-1,767

0

9,225

0

-

16,148

0

-

-

-

Pension withdrawal and curtailment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,110

6,845

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,198

-

Operating profit

27,320

77,965

25,086

37,933

34,598

74,667

41,443

40,002

34,055

90,480

31,820

26,476

27,815

66,629

8,973

9,141

27,935

87,665

21,933

38,051

-11,064

62,424

-9,032

16,497

22,059

68,877

12,855

46,224

28,131

35,404

8,914

36,635

22,701

48,276

21,049

31,492

25,919

22,832

8,993

60,825

52,658

-23,693

23,482

Other components of net periodic benefit costs

-2,314

-1,800

-1,834

-1,833

-1,835

2,048

-2,335

-1,863

-2,028

-67,805

1,193

1,193

1,194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164,630

0

37,797

17,848

0

65,273

0

5,898

0

0

9,128

0

-

-

Impairment of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

600

0

4,900

-

0

0

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-

-

0

0

-

10,773

-16

-8

15

-12,823

31,557

-266

173

5,572

463

-412

-41,896

-25

170

-356

-572

-7,845

1,599

25

-2,147

183

-123

-405

-2,870

847

1,010

1,064

15

3,756

-1,068

2,791

-5,749

-3,236

5,482

7,678

9,111

7,498

8,434

Premium on debt redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-46,381

-

-

-

0

-

-

-

-9,250

Interest Income (Expense), Net

13,854

-248

-755

-1,514

-1,303

-3,127

-4,026

-4,536

-4,877

-4,665

-4,660

-5,133

-5,325

-7,850

-9,032

-9,097

-8,826

-7,955

-9,127

-9,776

-12,192

-11,970

-15,254

-13,205

-13,301

-13,904

-15,454

-14,644

-14,071

-16,402

-15,490

-15,464

-15,452

-15,461

-20,039

-25,152

-24,591

-146,887

20,627

20,614

20,584

21,028

21,656

Income from continuing operations before income taxes

38,860

75,917

22,497

34,586

31,460

80,265

35,066

33,595

27,165

5,187

59,910

22,270

23,857

53,277

404

-368

-22,787

79,685

12,976

27,919

-23,828

42,609

-22,687

3,317

6,611

55,156

-2,722

31,175

11,190

184,479

-6,166

60,032

20,212

36,571

18,834

9,131

1,477

-3,641

-6,152

57,017

41,185

-37,223

1,010

Income Tax Expense (Benefit)

6,000

7,694

6,100

9,400

1,300

23,289

10,100

10,000

5,251

63,083

23,420

6,700

10,742

13,377

121

124

-9,201

28,006

3,611

11,700

-9,407

8,685

-10,247

-5,743

3,764

16,419

2,578

13,813

5,082

66,171

-3,187

25,781

5,852

8,068

12,440

1,505

-596

-17,127

-2,018

25,435

27,027

-2,482

-38,200

Net income

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

65,683

-24,287

20,137

3,323

178,388

2,724

-87,649

42,550

60,926

15,468

-119,823

5,226

67,099

-4,358

31,819

14,158

-35,735

39,124

Net income attributable to the noncontrolling interest

-

-

0

0

-

1,777

-2

-1

2

-1,026

3,673

-40

-66

483

-123

-281

-5,315

-14

-50

-181

-159

-1,043

59

-128

110

55

-61

6

-249

267

-21

-27

-53

-40

-217

-105

-193

-40

-97

-214

1,365

-111

60

Net income attributable to The New York Times Company common stockholders

32,854

68,212

16,427

25,171

30,156

55,199

24,976

23,597

21,912

-56,813

32,329

15,599

13,181

37,144

406

-211

-8,271

51,693

9,415

16,400

-14,262

34,875

-12,499

9,188

1,743

65,628

-24,226

20,131

3,572

178,121

2,745

-87,622

42,603

60,966

15,685

-119,718

5,419

67,139

-4,261

32,033

12,793

-35,624

39,064

Amounts attributable to The New York Times Company common stockholders:
Income from continuing operations

-

-

-

-

-

55,199

-

-

-

-56,870

36,490

-

-

-

283

-

-

-

-

-

-

34,967

-12,499

9,188

2,737

38,682

-5,239

17,356

6,357

118,041

-2,958

34,278

14,413

28,543

6,611

7,731

2,266

-

-4,037

31,796

-

-34,630

39,150

Income from continuing operations

-

-

-

-

-

-

-

-

-

-57,896

-

-

-

-

-

-

-

-

-

-

-

33,924

-12,440

9,060

2,847

38,737

-5,300

17,362

6,108

118,308

-2,979

34,251

14,360

28,503

6,394

7,626

2,073

-

-4,134

31,582

-

-34,741

39,210

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

57

-488

-

-

-

0

-

-

-

-

-

-

-92

0

0

-994

-

-

-

-

60,080

5,703

-121,900

28,190

-

-

-

-

-

-

-

-

-994

-86

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-92

0

0

-994

26,946

-18,987

2,775

-2,785

60,080

5,703

-121,900

28,190

32,423

9,074

-127,449

3,153

-

-224

237

-

-994

-86

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

57

-488

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-994

-86

Net (loss) attributable to The New York Times Company common stockholders

32,854

68,212

16,427

25,171

30,156

55,199

24,976

23,597

21,912

-56,813

32,329

15,599

13,181

-

406

-211

-

-

-

-

-

-

-

-

-

-

-24,226

20,131

3,572

178,121

2,745

-87,622

42,603

60,966

15,685

-119,718

5,419

67,139

-4,261

32,033

12,793

-35,624

39,064

Average number of common shares outstanding:
Basic (in shares)

166,549

166,194

166,148

166,152

165,674

165,154

165,064

165,027

164,094

162,311

162,173

161,787

161,402

161,196

161,185

161,128

161,003

162,165

165,052

166,355

163,988

150,462

150,822

150,796

150,612

151,480

150,033

148,797

148,710

148,461

148,254

148,005

147,867

147,452

147,355

147,176

146,777

145,945

145,803

145,601

145,195

144,335

143,981

Diluted (in shares)

167,845

167,947

167,555

167,549

167,129

167,249

166,966

166,899

166,237

162,311

164,405

163,808

162,592

166,192

162,945

161,128

161,003

166,407

166,981

168,316

163,988

170,682

150,822

161,868

161,920

169,282

150,033

156,511

155,270

154,685

148,254

149,799

151,468

151,173

151,293

151,802

153,760

157,711

145,803

152,962

153,924

144,335

144,626

Basic earnings per share attributable to The New York Times Company common stockholders
Income from continuing operations (USD per share)

-

-

-

-

-

-

-

-

-

-0.35

0.20

-

-

-

0.00

-

-

-

-

-

-

0.23

-0.08

0.06

0.02

0.25

-0.03

0.12

0.04

0.80

-0.02

0.23

0.10

0.19

0.05

0.05

0.02

-

-0.03

0.22

-

-0.24

0.27

Loss from discontinued operations, net of income taxes (USD per share)

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

0.00

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

0.18

-0.13

0.02

-0.02

0.40

0.04

-0.82

0.19

0.21

0.06

-0.86

0.02

-

0.00

0.00

-

-0.01

0.00

Basic earnings (in usd per share)

0.20

0.41

0.10

0.15

0.18

0.33

0.15

0.14

0.13

-0.35

0.20

0.10

0.08

0.23

0.00

0.00

-0.05

0.31

0.06

0.10

-0.09

0.23

-0.08

0.06

0.01

0.43

-0.16

0.14

0.02

1.20

0.02

-0.59

0.29

0.40

0.11

-0.81

0.04

0.46

-0.03

0.22

0.09

-0.25

0.27

Diluted earnings per share attributable to The New York Times Company common stockholders
Income from continuing operations (USD per share)

-

-

-

-

-

-

-

-

-

-0.35

0.20

-

-

-

0.00

-

-

-

-

-

-

0.21

-0.08

0.06

0.02

0.24

-0.03

0.11

0.04

0.76

-0.02

0.23

0.10

0.19

0.04

0.05

0.02

-

-0.03

0.21

-

-0.24

0.27

Loss from discontinued operations, net of income taxes (USD per share)

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

0.00

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

0.18

-0.13

0.02

-0.02

0.39

0.04

-0.81

0.18

0.21

0.06

-0.84

0.02

-

0.00

0.00

-

-0.01

0.00

Diluted earnings (in usd per share)

0.20

0.40

0.10

0.15

0.18

0.33

0.15

0.14

0.13

-0.35

0.20

0.09

0.08

0.23

0.00

0.00

-0.05

0.31

0.06

0.10

-0.09

0.21

-0.08

0.06

0.01

0.42

-0.16

0.13

0.02

1.15

0.02

-0.58

0.28

0.40

0.10

-0.79

0.04

0.45

-0.03

0.21

0.08

-0.25

0.27

Dividends declared per share (in usd per share)

0.06

0.05

0.05

0.05

0.05

0.04

0.04

0.04

0.04

0.04

0.08

0.00

0.04

0.04

0.08

0.00

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

Subscription
Total revenues

285,434

275,283

267,302

270,456

270,810

263,553

257,796

260,629

260,593

269,381

246,638

250,037

242,375

225,970

217,099

219,480

217,994

215,164

210,705

213,128

212,793

213,946

206,729

209,815

209,723

207,674

204,156

206,965

205,482

-

-

-

-

64,246

218,601

215,388

206,928

150,258

229,148

234,808

236,863

240,766

227,476

Advertising
Total revenues

106,137

171,298

113,531

120,761

125,088

191,728

121,677

119,201

125,647

182,618

113,633

132,234

130,028

184,999

124,898

131,155

139,680

204,846

135,356

148,599

149,908

207,632

138,222

157,249

159,212

212,092

138,018

163,039

153,538

-

-

-

-

34,605

200,508

262,104

258,931

79,626

286,980

314,880

312,658

289,891

315,544

Other
Total revenues

52,065

61,782

47,668

45,041

43,164

47,463

37,873

34,730

27,708

32,127

25,364

24,803

26,401

28,681

21,550

21,995

21,841

24,676

21,343

21,159

21,538

23,105

19,767

21,655

21,473

24,094

19,564

20,953

21,655

-

-

-

-

-8,498

32,460

34,496

34,805

19,056

38,205

39,899

38,346

38,805

39,673

Product
Wages and benefits

-

-

106,377

103,959

-

99,990

95,941

92,754

91,993

93,773

90,100

88,799

91,014

90,160

91,041

90,630

92,471

85,849

88,999

89,030

90,638

90,155

90,777

88,025

88,616

84,886

82,387

81,536

83,276

-

-

-

-

-7,193

103,179

107,454

112,460

44,863

123,766

123,905

128,533

128,722

130,095

Raw materials

-

-

18,531

19,158

-

22,052

19,972

17,826

16,692

17,843

15,718

15,813

16,930

19,210

18,228

17,012

17,875

20,151

18,400

18,348

20,277

24,445

20,875

21,610

22,028

25,973

21,064

22,098

23,751

-

-

-

-

7,170

32,722

34,222

34,153

21,677

39,571

38,373

37,018

31,901

42,518