Prior Period Adjustments

During the second quarter of 2013, we determined that due to an error in the actuarial valuation of accrued benefits for approximately 800 participants primarily in The New York Times Companies Pension Plan, our pension benefit obligation was overstated by approximately $50.4 million as of December 31, 2012 and $50.9 million as of March 31, 2013. The New York Times Companies Pension Plan (which was frozen as of December 31, 2009) provides for certain offsetting credits for plan participants who are also entitled to benefits under another qualified pension plan to which we contribute, primarily from The New York Times Newspaper Guild Pension Plan or the Boston Globe Retirement Plan for employees represented by the Boston Newspaper Guild. We determined that those offsetting credits were not properly recorded in prior interim and annual periods, on our balance sheet from December 30, 2007 through March 31, 2013 and on our income statement from the fiscal year ended December 28, 2008 through the quarter ended March 31, 2013.

In accordance with the provisions of SEC Staff Accounting Bulletin No. 108, we assessed the impact of these adjustments on prior period financial statements and concluded that these errors were not material individually or in the aggregate to any of the prior reporting periods from an income statement and balance sheet perspective. However, the correction of the error in the second quarter of 2013 would have been considered material and would impact comparisons to prior periods.

Accordingly, we have adjusted our consolidated financial statements for the periods ended December 25, 2011 through March 31, 2013 to correct the errors and will make adjustments for future Form 10-Q filings that include financial statements for the periods affected. The adjustment primarily resulted in a reduction in pension expense, other comprehensive income and pension liability in each of the periods presented.

The cumulative effect, net of tax, on the opening retained earnings and opening accumulated comprehensive income as of December 27, 2010 were $6.0 million and $14.5 million, respectively. There was no impact on cash flows for the periods indicated. The following tables show the adjusted financial statements for those periods indicated:



(In thousands)	March 31, 2013			2012 by quarter
As previously reported:				December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	308,014		$	820,490		$	334,374		$	290,292		$	206,468
Short-term marketable securities	366,805			134,820			279,740			279,858			224,878
Accounts receivable (net of allowances)	159,344			197,589			160,998			170,904			180,406
Inventories:
Newsprint and magazine paper	6,952			5,608			9,857			9,695			12,129
Other inventory	1,697			1,729			1,689			1,954			2,076
Total inventories	8,649			7,337			11,546			11,649			14,205
Deferred income taxes	58,214			58,214			73,055			73,055			73,055
Other current assets	49,824			42,068			45,491			42,886			59,404
Assets held for sale	127,529			137,050			356,030			361,358			550,836
Total current assets	1,078,379			1,397,568			1,261,234			1,230,002			1,309,252
Other assets
Long-term marketable securities	190,841			4,444			—			—			—
Investments in joint ventures	38,409			40,872			41,401			41,809			43,420
Property, plant and equipment (less accumulated depreciation and amortization)	757,507			773,469			789,147			804,189			819,586
Goodwill (less accumulated impairment losses)	120,275			122,691			121,251			118,825			123,061
Deferred income taxes	322,222			322,767			365,666			369,439			316,446
Miscellaneous assets	165,202			166,214			168,470			173,880			227,088
Total assets	$	2,672,835		$	2,828,025		$	2,747,169		$	2,738,144		$	2,838,853
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$	80,687		$	88,990		$	86,104		$	80,754		$	83,192
Accrued payroll and other related liabilities	52,288			86,772			87,753			72,641			66,826
Unexpired subscriptions	59,549			57,336			57,050			55,725			57,870
Accrued expenses and other	112,316			118,753			197,934			198,719			198,809
Accrued income taxes	—			38,932			—			—			—
Liabilities held for sale	33,302			32,373			34,611			36,479			41,407
Total current liabilities	338,142			423,156			463,452			444,318			448,104
Other liabilities
Long-term debt and capital lease obligations	697,920			696,752			701,518			700,614			699,349
Pension benefits obligation	714,505			788,268			830,868			848,669			860,836
Postretirement benefits obligation	109,500			110,347			100,248			101,397			102,689
Other	166,434			173,690			175,949			176,305			171,944
Total other liabilities	1,688,359			1,769,057			1,808,583			1,826,985			1,834,818
Stockholders’ equity
Common stock of $.10 par value:
Class A	15,045			15,027			15,023			15,009			15,005
Class B	82			82			82			82			82
Additional paid-in capital	27,656			25,610			31,181			34,278			35,820
Retained earnings	1,222,936			1,219,798			1,042,888			1,040,606			1,128,755
Common stock held in treasury, at cost	(93,506		)	(96,278		)	(102,690		)	(107,572		)	(110,827		)
Accumulated other comprehensive loss, net of income taxes:
Foreign currency translation adjustments	9,858			11,327			10,418			8,286			12,382
Unrealized (loss)/gain on available-for-sale security	(1,242		)	(431		)	732			2,102			4,109
Funded status of benefit plans	(537,557		)	(542,634		)	(525,548		)	(529,019		)	(532,491		)
Total accumulated other comprehensive loss, net of income taxes	(528,941		)	(531,738		)	(514,398		)	(518,631		)	(516,000		)
Total New York Times Company stockholders’ equity	643,272			632,501			472,086			463,772			552,835
Noncontrolling interest	3,062			3,311			3,048			3,069			3,096
Total stockholders’ equity	646,334			635,812			475,134			466,841			555,931
Total liabilities and stockholders’ equity	$	2,672,835		$	2,828,025		$	2,747,169		$	2,738,144		$	2,838,853



(In thousands)	March 31, 2013			2012 by quarter
Adjustments:				December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	—		$	—		$	—		$	—		$	—
Short-term marketable securities	—			—			—			—			—
Accounts receivable (net of allowances)	—			—			—			—			—
Inventories:
Newsprint and magazine paper	—			—			—			—			—
Other inventory	—			—			—			—			—
Total inventories	—			—			—			—			—
Deferred income taxes	—			—			—			—			—
Other current assets	—			—			—			—			—
Assets held for sale	—			—			—			—			—
Total current assets	—			—			—			—			—
Other assets
Long-term marketable securities	—			—			—			—			—
Investments in joint ventures	—			—			—			—			—
Property, plant and equipment (less accumulated depreciation and amortization)	—			—			—			—			—
Goodwill (less accumulated impairment losses)	—			—			—			—			—
Deferred income taxes	(20,438		)	(20,555		)	(19,862		)	(19,493		)	(19,185		)
Miscellaneous assets	—			—			—			—			—
Total assets	$	(20,438	)	$	(20,555	)	$	(19,862	)	$	(19,493	)	$	(19,185	)
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$	—		$	—		$	—		$	—		$	—
Accrued payroll and other related liabilities	—			—			—			—			—
Unexpired subscriptions	—			—			—			—			—
Accrued expenses and other	—			—			—			—			—
Accrued income taxes	360			—			—			—			—
Liabilities held for sale	—			—			—			—			—
Total current liabilities	360			—			—			—			—
Other liabilities
Long-term debt and capital lease obligations	—			—			—			—			—
Pension benefits obligation	(50,888		)	(50,379		)	(48,515		)	(47,723		)	(46,931		)
Postretirement benefits obligation	—			—			—			—			—
Other	—			—			—			—			—
Total other liabilities	(50,888		)	(50,379		)	(48,515		)	(47,723		)	(46,931		)
Stockholders’ equity
Common stock of $.10 par value:
Class A	—			—			—			—			—
Class B	—			—			—			—			—
Additional paid-in capital	—			—			—			—			—
Retained earnings	11,087			10,652			9,439			8,974			8,448
Common stock held in treasury, at cost	—			—			—			—			—
Accumulated other comprehensive gain, net of income taxes:
Foreign currency translation adjustments	—			—			—			—			—
Unrealized (loss)/gain on available-for-sale security	—			—			—			—			—
Funded status of benefit plans	19,003			19,172			19,214			19,256			19,298
Total accumulated other comprehensive gain, net of income taxes	19,003			19,172			19,214			19,256			19,298
Total New York Times Company stockholders’ equity	30,090			29,824			28,653			28,230			27,746
Noncontrolling interest	—			—			—			—			—
Total stockholders’ equity	30,090			29,824			28,653			28,230			27,746
Total liabilities and stockholders’ equity	$	(20,438	)	$	(20,555	)	$	(19,862	)	$	(19,493	)	$	(19,185	)



(In thousands)	March 31, 2013			2012 by quarter
As adjusted:				December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	308,014		$	820,490		$	334,374		$	290,292		$	206,468
Short-term marketable securities	366,805			134,820			279,740			279,858			224,878
Accounts receivable (net of allowances)	159,344			197,589			160,998			170,904			180,406
Inventories:
Newsprint and magazine paper	6,952			5,608			9,857			9,695			12,129
Other inventory	1,697			1,729			1,689			1,954			2,076
Total inventories	8,649			7,337			11,546			11,649			14,205
Deferred income taxes	58,214			58,214			73,055			73,055			73,055
Other current assets	49,824			42,068			45,491			42,886			59,404
Assets held for sale	127,529			137,050			356,030			361,358			550,836
Total current assets	1,078,379			1,397,568			1,261,234			1,230,002			1,309,252
Other assets
Long-term marketable securities	190,841			4,444			—			—			—
Investments in joint ventures	38,409			40,872			41,401			41,809			43,420
Property, plant and equipment (less accumulated depreciation and amortization)	757,507			773,469			789,147			804,189			819,586
Goodwill (less accumulated impairment losses)	120,275			122,691			121,251			118,825			123,061
Deferred income taxes	301,784			302,212			345,804			349,946			297,261
Miscellaneous assets	165,202			166,214			168,470			173,880			227,088
Total assets	$	2,652,397		$	2,807,470		$	2,727,307		$	2,718,651		$	2,819,668
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$	80,687		$	88,990		$	86,104		$	80,754		$	83,192
Accrued payroll and other related liabilities	52,288			86,772			87,753			72,641			66,826
Unexpired subscriptions	59,549			57,336			57,050			55,725			57,870
Accrued expenses and other	112,316			118,753			197,934			198,719			198,809
Accrued income taxes	360			38,932			—			—			—
Liabilities held for sale	33,302			32,373			34,611			36,479			41,407
Total current liabilities	338,502			423,156			463,452			444,318			448,104
Other liabilities
Long-term debt and capital lease obligations	697,920			696,752			701,518			700,614			699,349
Pension benefits obligation	663,617			737,889			782,353			800,946			813,905
Postretirement benefits obligation	109,500			110,347			100,248			101,397			102,689
Other	166,434			173,690			175,949			176,305			171,944
Total other liabilities	1,637,471			1,718,678			1,760,068			1,779,262			1,787,887
Stockholders’ equity
Common stock of $.10 par value:
Class A	15,045			15,027			15,023			15,009			15,005
Class B	82			82			82			82			82
Additional paid-in capital	27,656			25,610			31,181			34,278			35,820
Retained earnings	1,234,023			1,230,450			1,052,327			1,049,580			1,137,203
Common stock held in treasury, at cost	(93,506		)	(96,278		)	(102,690		)	(107,572		)	(110,827		)
Accumulated other comprehensive loss, net of income taxes:
Foreign currency translation adjustments	9,858			11,327			10,418			8,286			12,382
Unrealized (loss)/gain on available-for-sale security	(1,242		)	(431		)	732			2,102			4,109
Funded status of benefit plans	(518,554		)	(523,462		)	(506,334		)	(509,763		)	(513,193		)
Total accumulated other comprehensive loss, net of income taxes	(509,938		)	(512,566		)	(495,184		)	(499,375		)	(496,702		)
Total New York Times Company stockholders’ equity	673,362			662,325			500,739			492,002			580,581
Noncontrolling interest	3,062			3,311			3,048			3,069			3,096
Total stockholders’ equity	676,424			665,636			503,787			495,071			583,677
Total liabilities and stockholders’ equity	$	2,652,397		$	2,807,470		$	2,727,307		$	2,718,651		$	2,819,668



(In thousands, except per share data)	March 31, 2013			Full Year 2012			2012 by quarter											Full Year 2011
As previously reported:							December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Statements of Operations
Revenues	$	380,675		$	1,595,341		$	468,114		$	355,337		$	387,841		$	384,049	$	1,554,574
Operating costs
Production costs	157,341			653,883			178,116			158,003			158,802			158,962		642,374
Selling, general and administrative costs	177,060			712,001			186,686			169,689			173,057			182,569		688,344
Depreciation and amortization	18,938			78,980			18,492			19,594			20,212			20,682		83,833
Total operating costs	353,339			1,444,864			383,294			347,286			352,071			362,213		1,414,551
Pension settlement expense	—			48,729			48,729			—			—			—		—
Other expense	—			2,620			2,620			—			—			—		4,500
Impairment of assets	—			—			—			—			—			—		7,458
Pension withdrawal expense	—			—			—			—			—			—		4,228
Operating profit	27,336			99,128			33,471			8,051			35,770			21,836		123,837
Gain on sale of investment	—			220,275			164,630			—			37,797			17,848		71,171
Impairment of investments	—			5,500			—			600			—			4,900		—
(Loss)/income from joint ventures	(2,870		)	2,936			847			1,010			1,064			15		(270		)
Premium on debt redemption	—			—			—			—			—			—		46,381
Interest expense, net	14,071			62,808			16,402			15,490			15,464			15,452		85,243
Income/(loss) from continuing operations before income taxes	10,395			254,031			182,546			(7,029		)	59,167			19,347		63,114
Income tax expense/(benefit)	4,721			92,765			65,449			(3,587		)	25,443			5,460		20,539
Income/(loss) from continuing operations	5,674			161,266			117,097			(3,442		)	33,724			13,887		42,575
(Loss)/income from discontinued operations, net of income taxes	(2,785		)	(27,927		)	60,080			5,703			(121,900		)	28,190		(82,799		)
Net income/(loss)	2,889			133,339			177,177			2,261			(88,176		)	42,077		(40,224		)
Net loss/(income) attributable to the noncontrolling interest	249			(166		)	(267		)	21			27			53		555
Net income/(loss) attributable to The New York Times Company common stockholders	$	3,138		$	133,173		$	176,910		$	2,282		$	(88,149	)	$	42,130	$	(39,669	)
Amounts attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	5,923		$	161,100		$	116,830		$	(3,421	)	$	33,751		$	13,940	$	43,130
(Loss)/income from discontinued operations, net of income taxes	(2,785		)	(27,927		)	60,080			5,703			(121,900		)	28,190		(82,799		)
Net income/(loss)	$	3,138		$	133,173		$	176,910		$	2,282		$	(88,149	)	$	42,130	$	(39,669	)
Average number of common shares outstanding:
Basic	148,710			148,147			148,461			148,254			148,005			147,867		147,190
Diluted	155,270			152,693			154,685			148,254			149,799			151,468		152,007
Basic earnings per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	0.04		$	1.09		$	0.79		$	(0.02	)	$	0.22		$	0.09	$	0.29
(Loss)/income from discontinued operations, net of income taxes	(0.02		)	(0.19		)	0.40			0.04			(0.82		)	0.19		(0.56		)
Net income/(loss)	$	0.02		$	0.90		$	1.19		$	0.02		$	(0.60	)	$	0.28	$	(0.27	)
Diluted earnings per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	0.04		$	1.05		$	0.76		$	(0.02	)	$	0.23		$	0.09	$	0.28
(Loss)/income from discontinued operations, net of income taxes	(0.02		)	(0.18		)	0.39			0.04			(0.81		)	0.19		(0.54		)
Net income/(loss)	$	0.02		$	0.87		$	1.15		$	0.02		$	(0.58	)	$	0.28	$	(0.26	)



(In thousands, except per share data)	March 31, 2013			Full Year 2012			2012 by quarter												Full Year 2011
Adjustments:							December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Statements of Operations
Revenues	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Operating costs
Production costs	(607		)	(2,565		)	(676		)	(633		)	(628		)	(628		)	(2,113		)
Selling, general and administrative costs	(188		)	(889		)	(185		)	(230		)	(237		)	(237		)	(786		)
Depreciation and amortization	—			—			—			—			—			—			—
Total operating costs	(795		)	(3,454		)	(861		)	(863		)	(865		)	(865		)	(2,899		)
Pension settlement expense	—			(1,072		)	(1,072		)	—			—			—			—
Other expense	—			—			—			—			—			—			—
Impairment of assets	—			—			—			—			—			—			—
Pension withdrawal expense	—			—			—			—			—			—			—
Operating profit	795			4,526			1,933			863			865			865			2,899
Gain on sale of investment	—			—			—			—			—			—			—
Impairment of investments	—			—			—			—			—			—			—
(Loss)/income from joint ventures	—			—			—			—			—			—			—
Premium on debt redemption	—						—			—			—			—			—
Interest expense, net	—			—			—			—			—			—			—
Income from continuing operations before income taxes	795			4,526			1,933			863			865			865			2,899
Income tax expense	361			1,852			722			400			338			392			878
Income from continuing operations	434			2,674			1,211			463			527			473			2,021
(Loss)/income from discontinued operations, net of income taxes	—			—			—			—			—			—			—
Net income	434			2,674			1,211			463			527			473			2,021
Net loss/(income) attributable to the noncontrolling interest	—			—			—			—			—			—			—
Net income attributable to The New York Times Company common stockholders	$	434		$	2,674		$	1,211		$	463		$	527		$	473		$	2,021
Amounts attributable to The New York Times Company common stockholders:
Income from continuing operations	$	434		$	2,674		$	1,211		$	463		$	527		$	473		$	2,021
(Loss)/income from discontinued operations, net of income taxes	—			—			—			—			—			—			—
Net income	$	434		$	2,674		$	1,211		$	463		$	527		$	473		$	2,021
Average number of common shares outstanding:
Basic	148,710			148,147			148,461			148,254			148,005			147,867			147,190
Diluted	155,270			152,693			154,685			148,254			149,799			151,468			152,007
Basic earnings per share attributable to The New York Times Company common stockholders:
Income from continuing operations	$	—		$	0.02		$	0.01		$	—		$	0.01		$	—		$	0.01
(Loss)/income from discontinued operations, net of income taxes	—			—			—			—			—			—			—
Net income	$	—		$	0.02		$	0.01		$	—		$	0.01		$	—		$	0.01
Diluted earnings per share attributable to The New York Times Company common stockholders:
Income from continuing operations	$	—		$	0.02		$	—		$	—		$	—		$	—		$	0.01
(Loss)/income from discontinued operations, net of income taxes	—			—			—			—			—			—			—
Net income	$	—		$	0.02		$	—		$	—		$	—		$	—		$	0.01



(In thousands, except per share data)	March 31, 2013			Full Year 2012			2012 by quarter											Full Year 2011
As adjusted:							December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012
Condensed Consolidated Statements of Operations
Revenues	$	380,675		$	1,595,341		$	468,114		$	355,337		$	387,841		$	384,049	$	1,554,574
Operating costs
Production costs	156,734			651,318			177,440			157,370			158,174			158,334		640,261
Selling, general and administrative costs	176,872			711,112			186,501			169,459			172,820			182,332		687,558
Depreciation and amortization	18,938			78,980			18,492			19,594			20,212			20,682		83,833
Total operating costs	352,544			1,441,410			382,433			346,423			351,206			361,348		1,411,652
Pension settlement expense	—			47,657			47,657			—			—			—		—
Other expense	—			2,620			2,620			—			—			—		4,500
Impairment of assets	—			—			—			—			—			—		7,458
Pension withdrawal expense	—			—			—			—			—			—		4,228
Operating profit	28,131			103,654			35,404			8,914			36,635			22,701		126,736
Gain on sale of investment	—			220,275			164,630			—			37,797			17,848		71,171
Impairment of investments	—			5,500			—			600			—			4,900		—
(Loss)/income from joint ventures	(2,870		)	2,936			847			1,010			1,064			15		(270		)
Premium on debt redemption	—			—			—			—			—			—		46,381
Interest expense, net	14,071			62,808			16,402			15,490			15,464			15,452		85,243
Income/(loss) from continuing operations before income taxes	11,190			258,557			184,479			(6,166		)	60,032			20,212		66,013
Income tax expense/(benefit)	5,082			94,617			66,171			(3,187		)	25,781			5,852		21,417
Income/(loss) from continuing operations	6,108			163,940			118,308			(2,979		)	34,251			14,360		44,596
(Loss)/income from discontinued operations, net of income taxes	(2,785		)	(27,927		)	60,080			5,703			(121,900		)	28,190		(82,799		)
Net income/(loss)	3,323			136,013			178,388			2,724			(87,649		)	42,550		(38,203		)
Net loss/(income) attributable to the noncontrolling interest	249			(166		)	(267		)	21			27			53		555
Net income/(loss) attributable to The New York Times Company common stockholders	$	3,572		$	135,847		$	178,121		$	2,745		$	(87,622	)	$	42,603	$	(37,648	)
Amounts attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	6,357		$	163,774		$	118,041		$	(2,958	)	$	34,278		$	14,413	$	45,151
(Loss)/income from discontinued operations, net of income taxes	(2,785		)	(27,927		)	60,080			5,703			(121,900		)	28,190		(82,799		)
Net income/(loss)	$	3,572		$	135,847		$	178,121		$	2,745		$	(87,622	)	$	42,603	$	(37,648	)
Average number of common shares outstanding:
Basic	148,710			148,147			148,461			148,254			148,005			147,867		147,190
Diluted	155,270			152,693			154,685			148,254			149,799			151,468		152,007
Basic earnings per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	0.04		$	1.11		$	0.80		$	(0.02	)	$	0.23		$	0.10	$	0.31
(Loss)/income from discontinued operations, net of income taxes	(0.02		)	(0.19		)	0.40			0.04			(0.82		)	0.19		(0.57		)
Net income/(loss)	$	0.02		$	0.92		$	1.20		$	0.02		$	(0.59	)	$	0.29	$	(0.26	)
Diluted earnings per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations	$	0.04		$	1.07		$	0.76		$	(0.02	)	$	0.23		$	0.10	$	0.30
(Loss)/income from discontinued operations, net of income taxes	(0.02		)	(0.18		)	0.39			0.04			(0.81		)	0.18		(0.55		)
Net income/(loss)	$	0.02		$	0.89		$	1.15		$	0.02		$	(0.58	)	$	0.28	$	(0.25	)



(In thousands)							2012 by quarter
As previously reported:	March 31, 2013			Full Year 2012			December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012			Full Year 2011
Condensed Consolidated Statements of Comprehensive Income/(Loss)
Net income/(loss)	$	2,889		$	133,339		$	177,177		$	2,261		$	(88,176	)	$	42,077		$	(40,224	)
Other comprehensive income/(loss), before tax:
Foreign currency translation adjustments	(2,477		)	536			1,684			3,251			(6,712		)	2,313			(523		)
Unrealized derivative gain on cash-flow hedge of equity method investment	—			1,143			—			—			—			1,143			839
Unrealized (loss)/gain on available-for-sale security	(1,374		)	(729		)	(1,980		)	(2,338		)	(3,425		)	7,014			—
Pension and postretirement benefits obligation	8,546			(26,938		)	(28,507		)	5,888			5,888			(10,207		)	(219,590		)
Other comprehensive income/(loss), before tax	4,695			(25,988		)	(28,803		)	6,801			(4,249		)	263			(219,274		)
Income tax expense/(benefit)	1,897			(10,643		)	(11,458		)	2,568			(1,618		)	(135		)	(89,502		)
Other comprehensive income/(loss), net of tax	2,798			(15,345		)	(17,345		)	4,233			(2,631		)	398			(129,772		)
Comprehensive income/(loss)	5,687			117,994			159,832			6,494			(90,807		)	42,475			(169,996		)
Comprehensive loss/(income) attributable to the noncontrolling interest	249			(162		)	(263		)	21			27			53			1,000
Comprehensive income/(loss) attributable to The New York Times Company common stockholders	$	5,936		$	117,832		$	159,569		$	6,515		$	(90,780	)	$	42,528		$	(168,996	)



(In thousands)							2012 by quarter
Adjustments:	March 31, 2013			Full Year 2012			December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012			Full Year 2011
Condensed Consolidated Statements of Comprehensive Income/(Loss)
Net income	$	434		$	2,674		$	1,211		$	463		$	527		$	473		$	2,021
Other comprehensive income, before tax:
Foreign currency translation adjustments	—			—			—			—			—			—			—
Unrealized derivative gain on cash-flow hedge of equity method investment	—			—			—			—			—			—			—
Unrealized (loss)/gain on available-for-sale security	—			—			—			—			—			—			—
Pension and postretirement benefits obligation	(287		)	(284		)	(71		)	(71		)	(71		)	(71		)	8,301
Other comprehensive (loss)/income, before tax	(287		)	(284		)	(71		)	(71		)	(71		)	(71		)	8,301
Income tax expense/(benefit)	(117		)	(117		)	(34		)	(29		)	(29		)	(25		)	3,437
Other comprehensive (loss)/income, net of tax	(170		)	(167		)	(37		)	(42		)	(42		)	(46		)	4,864
Comprehensive income	264			2,507			1,174			421			485			427			6,885
Comprehensive loss/(income) attributable to the noncontrolling interest	—			—			—			—			—			—			—
Comprehensive income attributable to The New York Times Company common stockholders	$	264		$	2,507		$	1,174		$	421		$	485		$	427		$	6,885



(In thousands)							2012 by quarter
As adjusted:	March 31, 2013			Full Year 2012			December 30, 2012			September 23, 2012			June 24, 2012			March 25, 2012			Full Year 2011
Condensed Consolidated Statements of Comprehensive Income/(Loss)
Net income/(loss)	$	3,323		$	136,013		$	178,388		$	2,724		$	(87,649	)	$	42,550		$	(38,203	)
Other comprehensive income/(loss), before tax:
Foreign currency translation adjustments	(2,477		)	536			1,684			3,251			(6,712		)	2,313			(523		)
Unrealized derivative gain on cash-flow hedge of equity method investment	—			1,143			—			—			—			1,143			839
Unrealized (loss)/gain on available-for-sale security	(1,374		)	(729		)	(1,980		)	(2,338		)	(3,425		)	7,014			—
Pension and postretirement benefits obligation	8,259			(27,222		)	(28,578		)	5,817			5,817			(10,278		)	(211,289		)
Other comprehensive income/(loss), before tax	4,408			(26,272		)	(28,874		)	6,730			(4,320		)	192			(210,973		)
Income tax expense/(benefit)	1,780			(10,760		)	(11,492		)	2,539			(1,647		)	(160		)	(86,065		)
Other comprehensive income/(loss), net of tax	2,628			(15,512		)	(17,382		)	4,191			(2,673		)	352			(124,908		)
Comprehensive income/(loss)	5,951			120,501			161,006			6,915			(90,322		)	42,902			(163,111		)
Comprehensive loss/(income) attributable to the noncontrolling interest	249			(162		)	(263		)	21			27			53			1,000
Comprehensive income/(loss) attributable to The New York Times Company common stockholders	$	6,200		$	120,339		$	160,743		$	6,936		$	(90,295	)	$	42,955		$	(162,111	)