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Segment Information (Tables)
6 Months Ended
Jun. 24, 2012
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 24,
2012
 
June 26,
2011
 
June 24,
2012
 
June 26,
2011
Revenues
 
 
 
 
 
 
 
 
News Media Group
 
$
489,802

 
$
484,144

 
$
965,234

 
$
953,666

About Group
 
25,410

 
27,844

 
49,354

 
58,986

Total
 
$
515,212

 
$
511,988

 
$
1,014,588

 
$
1,012,652

Operating profit/(loss)
 
 
 
 
 
 
 
 
News Media Group(1)
 
$
52,211

 
$
29,422

 
$
75,285

 
$
55,298

About Group(2)
 
(186,827
)
 
11,475

 
(179,831
)
 
25,622

Corporate
 
(9,008
)
 
(9,405
)
 
(19,462
)
 
(23,509
)
Total
 
$
(143,624
)
 
$
31,492

 
$
(124,008
)
 
$
57,411

Gain on sale of investments
 
37,797

 

 
55,645

 
5,898

Impairment of investments
 

 

 
4,900

 

Income/(loss) from joint ventures
 
1,079

 
2,791

 
1,050

 
(2,958
)
Interest expense, net
 
15,464

 
25,152

 
30,916

 
49,743

(Loss)/income from continuing operations before income taxes
 
(120,212
)
 
9,131

 
(103,129
)
 
10,608

Income tax benefit/(expense)
 
36,541

 
(1,505
)
 
32,465

 
(909
)
(Loss)/income from continuing operations
 
(83,671
)
 
7,626

 
(70,664
)
 
9,699

(Loss)/income from discontinued operations, net of income taxes
 
(4,505
)
 
(127,449
)
 
24,565

 
(124,296
)
Net loss
 
(88,176
)
 
(119,823
)
 
(46,099
)
 
(114,597
)
Net loss attributable to the noncontrolling interest
 
27

 
105

 
80

 
298

Net loss attributable to The New York Times Company common stockholders
 
$
(88,149
)
 
$
(119,718
)
 
$
(46,019
)
 
$
(114,299
)

(1) In the first quarter of 2012, we recorded a $6.7 million charge for accelerated depreciation for certain assets at the T&G’s facility in Millbury, Mass., associated with the consolidation of most of T&G’s printing into the Globe’s facility in Boston, Mass., which was completed early in the second quarter of 2012. In the second quarter of 2011, we recorded a $9.2 million impairment charge for certain assets held for sale at The New York Times 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.
(2) In the second quarter of 2012, we recorded a $194.7 million estimated non-cash impairment charge for goodwill at the About Group.