XML 49 R29.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Segment Information (Tables)
6 Months Ended
Jun. 26, 2011
Segment Reporting [Abstract]  
Schedule of segment reporting information
 Our Statements of Operations by segment and Corporate were as follows:


 
 
For the Quarters Ended
 
For the Six Months Ended
(In thousands)
 
June 26,

2011
 
June 27,

2010
 
June 26,

2011
 
June 27,

2010
Revenues
 
 
 
 
 
 
 
 
News Media Group
 
$
548,858


 
$
555,898


 
$
1,084,220


 
$
1,109,067


About Group
 
27,844


 
33,689


 
58,986


 
68,387


Total
 
$
576,702


 
$
589,587


 
$
1,143,206


 
$
1,177,454


Operating (loss)/profit
 
 
 
 
 
 
 
 
News Media Group(1)
 
$
(116,625
)
 
$
54,397


 
$
(85,960
)
 
$
102,868


About Group
 
11,597


 
15,346


 
25,862


 
31,906


Corporate
 
(9,049
)
 
(8,918
)
 
(22,905
)
 
(21,291
)
Total
 
$
(114,077
)
 
$
60,825


 
$
(83,003
)
 
$
113,483


Gain on sale of investment
 


 
9,128


 
5,898


 
9,128


Income/(loss) from joint ventures
 
2,791


 
7,678


 
(2,958
)
 
16,789


Interest expense, net
 
25,152


 
20,614


 
49,743


 
41,198


(Loss)/income from continuing operations before income taxes
 
(136,438
)
 
57,017


 
(129,806
)
 
98,202


Income tax (benefit)/expense
 
(16,615
)
 
25,435


 
(15,209
)
 
52,462


(Loss)/income from continuing operations
 
(119,823
)
 
31,582


 
(114,597
)
 
45,740


Income from discontinued operations, net of income taxes
 


 
237


 


 
237


Net (loss)/income
 
(119,823
)
 
31,819


 
(114,597
)
 
45,977


Net loss/(income) attributable to the noncontrolling interest
 
105


 
214


 
298


 
(1,151
)
Net (loss)/income attributable to The New York Times Company common stockholders
 
$
(119,718
)
 
$
32,033


 
$
(114,299
)
 
$
44,826




(1) 
In the second quarter of 2011, we recorded a $161.3 million impairment charge, primarily related to goodwill at the Regional Media Group, and a $4.2 million charge for a pension withdrawal obligation under a multiemployer pension plan at the Globe, which are both part of the News Media Group reportable segment.