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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2017
Jun. 26, 2016
Jun. 25, 2017
Jun. 26, 2016
REVENUES - NET:        
Advertising $ 125,239 $ 140,900 $ 245,128 $ 277,156
Audience 89,915 90,479 181,331 181,141
Other 9,966 10,855 19,873 21,916
Revenues, total 225,120 242,234 446,332 480,213
OPERATING EXPENSES:        
Compensation 86,823 94,543 178,231 193,623
Newsprint, supplements and printing expenses 16,459 19,565 34,304 38,597
Depreciation and amortization 19,624 24,430 39,428 48,992
Other operating expenses 90,104 102,695 186,778 200,353
Operating expenses, total 213,010 241,233 438,741 481,565
OPERATING INCOME (LOSS) 12,110 1,001 7,591 (1,352)
NON-OPERATING (EXPENSE) INCOME:        
Interest expense (20,292) (21,223) (40,746) (41,470)
Interest income 136 112 289 208
Equity income (loss) in unconsolidated companies, net (159) 4,264 (96) 7,005
Impairments related to equity investments (46,147)   (169,147) (892)
Gain (loss) on extinguishment of debt, net (869)   (869) 1,535
Retirement benefit expense (3,328) (3,694) (6,655) (7,388)
Other - net 23 75 83 33
Non-operating (expense) income, total (70,636) (20,466) (217,141) (40,969)
Loss before income taxes (58,526) (19,465) (209,550) (42,321)
Income tax benefit (21,080) (4,731) (76,529) (14,846)
NET LOSS $ (37,446) $ (14,734) $ (133,021) $ (27,475)
Basic:        
Net loss per share - basic (in dollars per share) $ (4.91) $ (1.89) $ (17.49) $ (3.48)
Diluted:        
Net loss per share - diluted (in dollars per share) $ (4.91) $ (1.89) $ (17.49) $ (3.48)
Weighted average number of common shares:        
Basic (in shares) 7,622 7,784 7,605 7,906
Diluted (in shares) 7,622 7,784 7,605 7,906