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Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 24, 2012
Jun. 26, 2011
Jun. 24, 2012
Jun. 26, 2011
REVENUES - NET:        
Advertising $ 222,565 $ 236,022 $ 432,329 $ 461,135
Circulation 63,568 65,144 129,971 131,311
Other 13,161 13,084 25,295 25,538
Revenues , total 299,294 314,250 587,595 617,984
OPERATING EXPENSES:        
Compensation 108,086 119,735 220,735 244,092
Newsprint, supplements and printing expenses 34,968 36,947 69,307 72,323
Depreciation and amortization 30,822 30,353 61,563 61,584
Other operating expenses 82,483 82,082 165,080 174,397
Operating expenses, total 256,359 269,117 516,685 552,396
OPERATING INCOME 42,935 45,133 70,910 65,588
NON-OPERATING (EXPENSES) INCOME:        
Interest expense (30,630) (44,696) (73,107) (85,643)
Interest income 36 26 50 47
Gain (loss) on extinguishment of debt 1,653 (1,214) 6,086 (2,479)
Equity income in unconsolidated companies, net 9,334 9,500 15,352 12,672
Other - net 5 159 43 225
Non-operating (expenses) income, total (19,602) (36,225) (51,576) (75,178)
INCOME (LOSS) BEFORE INCOME TAX PROVISION (BENEFIT) 23,333 8,908 19,334 (9,590)
INCOME TAX PROVISION (BENEFIT) (3,532) 3,961 (5,444) (12,575)
NET INCOME 26,865 4,947 24,778 2,985
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:        
Pension and post retirement plans: Unamortized gain (loss)/prior service credit 1,709 (19,122) 3,299 (18,522)
Other comprehensive income (loss) related to investment in unconsolidated companies (707) (178) (1,292) 448
OTHER COMPREHENSIVE INCOME(LOSS) 1,002 (19,300) 2,007 (18,074)
TOTAL COMPREHENSIVE INCOME(LOSS) $ 27,867 $ (14,353) $ 26,785 $ (15,089)
NET INCOME PER COMMON SHARE:        
Basic $ 0.31 $ 0.06 $ 0.29 $ 0.04
Diluted $ 0.31 $ 0.06 $ 0.29 $ 0.03
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:        
Basic 85,739 85,114 85,617 85,075
Diluted 86,323 85,948 86,441 85,975