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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2015
Jun. 29, 2014
Jun. 28, 2015
Jun. 29, 2014
Revenues        
Circulation $ 211,658 $ 209,815 $ 423,128 $ 419,538
Advertising 148,599 157,249 298,507 316,461
Other 22,629 21,655 45,490 43,128
Total revenues 382,886 388,719 767,125 779,127
Production costs:        
Raw materials 18,348 21,610 38,625 43,638
Wages and benefits 89,030 88,025 179,668 176,641
Other 45,395 48,309 91,116 96,648
Total production costs 152,773 157,944 309,409 316,927
Selling, general and administrative costs 176,252 185,584 355,049 372,308
Depreciation and amortization 15,810 19,169 30,654 39,261
Total operating costs 344,835 362,697 695,112 728,496
Pension settlement charges 0 9,525 40,329 9,525
Multiemployer pension plan withdrawal expense 0 0 4,697 0
Early termination charge 0 0 0 2,550
Operating profit 38,051 16,497 26,987 38,556
(Loss)/income from joint ventures (356) 25 (928) (2,122)
Interest expense, net 9,776 13,205 21,968 26,506
Income from continuing operations before income taxes 27,919 3,317 4,091 9,928
Income tax expense/(benefit) 11,700 (5,743) 2,293 (1,979)
Income from continuing operations 16,219 9,060 1,798 11,907
Loss from discontinued operations, net of income taxes 0 0 0 (994)
Net income 16,219 9,060 1,798 10,913
Net loss attributable to the noncontrolling interest 181 128 340 18
Net income attributable to The New York Times Company common stockholders 16,400 9,188 2,138 10,931
Amounts attributable to The New York Times Company common stockholders:        
Income from continuing operations 16,400 9,188 2,138 11,925
Loss from discontinued operations, net of income taxes $ 0 $ 0 $ 0 $ (994)
Average number of common shares outstanding:        
Basic (in shares) 166,355 150,796 165,173 150,683
Diluted (in shares) 168,316 161,868 167,491 161,962
Basic earnings/(loss) per share attributable to The New York Times Company common stockholders:        
Income from continuing operations (USD per share) $ 0.10 $ 0.06 $ 0.01 $ 0.08
Loss from discontinued operations, net of income taxes (USD per share) 0.00 0.00 0.00 (0.01)
Net income (USD per share) 0.10 0.06 0.01 0.07
Diluted earnings/(loss) per share attributable to The New York Times Company common stockholders:        
Income from continuing operations (USD per share) 0.10 0.06 0.01 0.07
Loss from discontinued operations, net of income taxes (USD per share) 0.00 0.00 0.00 (0.01)
Net income (USD per share) 0.10 0.06 0.01 0.06
Dividends declared per share (USD per share) $ 0.04 $ 0.04 $ 0.08 $ 0.08