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Quarterly Information (Unaudited) (Tables)
 12 Months Ended
Dec. 25, 2011
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
 
2011 Quarters
 
 
 
March 27,
2011

June 26,
2011

September 25,
2011

December 25,
2011

Full Year

(In thousands, except per share data)
(13 weeks)

(13 weeks)

(13 weeks)

(13 weeks)

(52 weeks)

Revenues
$
566,504

$
576,702

$
537,235

$
642,960

$
2,323,401

Operating costs
535,430

525,233

504,190

528,679

2,093,532

Impairment of assets(1)
—

161,318

—

3,116

164,434

Pension withdrawal expense(2)
—

4,228

—

—

4,228

Other expense(3)
—

—

—

4,500

4,500

Operating profit/(loss)
31,074

(114,077
)
33,045

106,665

56,707

Gain on sale of investments(4)
5,898

—

65,273

—

71,171

(Loss)/income from joint ventures
(5,749
)
2,791

(1,068
)
4,054

28

Premium on debt redemption(5)
—

—

46,381

—

46,381

Interest expense, net
24,591

25,152

20,039

15,461

85,243

Income/(loss) before income taxes
6,632

(136,438
)
30,830

95,258

(3,718
)
Income tax expense/(benefit)
1,406

(16,615
)
15,362

36,353

36,506

Net income/(loss)
5,226

(119,823
)
15,468

58,905

(40,224
)
Net loss attributable to the noncontrolling interest
193

105

217

40

555

Net income/(loss) attributable to The New York Times Company common stockholders
$
5,419

$
(119,718
)
$
15,685

$
58,945

$
(39,669
)
Average number of common shares outstanding:
 
 
 
 
 
Basic
146,777

147,176

147,355

147,451

147,190

Diluted
153,760

147,176

151,293

149,887

147,190

Earnings/(loss) per share attributable to The New York Times Company common stockholders – Basic
$
0.04

$
(0.81
)
$
0.11

$
0.40

$
(0.27
)
Earnings/(loss) per share attributable to The New York Times Company common stockholders – Diluted
$
0.04

$
(0.81
)
$
0.10

$
0.39

$
(0.27
)
(1)
In the second quarter of 2011, we recorded a $161.3 million charge for the impairment of assets at the News Media Group, consisting of $152.1 million related to goodwill at the Regional Media Group and $9.2 million related to certain assets held for sale primarily of Baseline. In the fourth quarter of 2011, we recorded a $3.1 million charge for the impairment of an intangible asset at ConsumerSearch, Inc., which is part of the About Group.
(2)
In the second quarter of 2011, we recorded a $4.2 million estimated charge for our pension withdrawal obligation under a multiemployer pension plan at the Globe.
(3)
In the fourth quarter of 2011, we recorded a $4.5 million charge for a retirement and consulting agreement in connection with the retirement of our chief executive officer.
(4)
In the first quarter of 2011, we recorded a $5.9 million gain from the sale of a portion of our interest in Indeed.com, a job listing aggregator. In the third quarter of 2011, we recorded a $65.3 million gain from the sale of 390 units in Fenway Sports Group.
(5)
In the third quarter of 2011, we recorded a $46.4 million charge in connection with the prepayment of our $250.0 million 14.053% Notes.

As described in Note 15 of the Notes to the Consolidated Financial Statements, WQXR-FM’s results of operations have been presented as discontinued operations.
 
 
2010 Quarters
 
 
 
March 28, 2010

June 27,
2010

September 26, 2010

December 26, 2010

Full Year

(In thousands, except per share data)
(13 weeks)

(13 weeks)

(13 weeks)

(13 weeks)

(52 weeks)

Revenues
$
587,867

$
589,587

$
554,333

$
661,676

$
2,393,463

Operating costs
535,209

528,762

522,924

550,032

2,136,927

Impairment of assets(1)
—

—

16,148

—

16,148

Pension withdrawal expense(2)
—

—

6,268

—

6,268

Operating profit
52,658

60,825

8,993

111,644

234,120

Gain on sale of investment(3)
—

9,128

—

—

9,128

Income/(loss) from joint ventures(4)
9,111

7,678

5,482

(3,236
)
19,035

Interest expense, net
20,584

20,614

20,627

23,237

85,062

Income/(loss) from continuing operations before income taxes
41,185

57,017

(6,152
)
85,171

177,221

Income tax expense/(benefit)(5)
27,027

25,435

(2,018
)
18,072

68,516

Income/(loss) from continuing operations
14,158

31,582

(4,134
)
67,099

108,705

Income/(loss) from discontinued operations, net of income taxes
—

237

(224
)
—

13

Net income/(loss)
14,158

31,819

(4,358
)
67,099

108,718

Net (income)/loss attributable to the noncontrolling interest
(1,365
)
214

97

40

(1,014
)
Net income/(loss) attributable to The New York Times Company common stockholders
$
12,793

$
32,033

$
(4,261
)
$
67,139

$
107,704

Amounts attributable to The New York Times Company common stockholders:
 
 
 
 
 
Income/(loss) from continuing operations
$
12,793

$
31,796

$
(4,037
)
$
67,139

$
107,691

Income/(loss) from discontinued operations, net of income taxes
—

237

(224
)
—

13

Net income/(loss)
$
12,793

$
32,033

$
(4,261
)
$
67,139

$
107,704

Average number of common shares outstanding:
 
 
 
 
 
Basic
145,195

145,601

145,803

145,947

145,636

Diluted
153,924

152,962

145,803

151,048

152,600

Basic earnings/(loss) per share attributable to The New York Times Company common stockholders:
 
 
 
 
 
Income/(loss) from continuing operations
$
0.09

$
0.22

$
(0.03
)
$
0.46

$
0.74

Income from discontinued operations, net of income taxes
0.00

0.00

0.00

0.00

0.00

Net income/(loss)
$
0.09

$
0.22

$
(0.03
)
$
0.46

$
0.74

Diluted earnings/(loss) per share attributable to The New York Times Company common stockholders:
 
 
 
 
 
Income/(loss) from continuing operations
$
0.08

$
0.21

$
(0.03
)
$
0.44

$
0.71

Income from discontinued operations, net of income taxes
0.00

0.00

0.00

0.00

0.00

Net income/(loss)
$
0.08

$
0.21

$
(0.03
)
$
0.44

$
0.71

(1)
In the third quarter of 2010, we recorded a $16.1 million charge for the impairment of assets at the Globe's printing facility in Billerica, Mass.
(2)
In the third quarter of 2010, we recorded a $6.3 million charge for an adjustment to estimated pension withdrawal obligations under several multiemployer pension plans at the Globe.
(3)
In the second quarter of 2010, we recorded a $9.1 million gain from the sale of 50 units in Fenway Sports Group.
(4)
In the first quarter of 2010, we recorded a $12.7 million gain from the sale of an asset at one of the paper mills in which we have an investment. Our share of the gain, after eliminating the noncontrolling interest portion, was $10.2 million.
(5)
In the first and fourth quarters of 2010, we recorded $10.9 million and $0.5 million, respectively, related to tax charges for the reduction in future tax benefits for retiree health benefits resulting from the federal health care reform legislation enacted in 2010.
Earnings/(loss) per share amounts for the quarters do not necessarily equal the respective year-end amounts for earnings or loss per share due to the weighted-average number of shares outstanding used in the computations for the respective periods. Earnings/(loss) per share amounts for the respective quarters and years have been computed using the average number of common shares outstanding.