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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2017
Sep. 25, 2016
Sep. 24, 2017
Sep. 25, 2016
Revenues        
Subscription $ 246,638 $ 217,099 $ 739,050 $ 654,573
Advertising 113,633 124,898 375,895 395,733
Other 25,364 21,550 76,568 65,386
Total revenues 385,635 363,547 1,191,513 1,115,692
Production costs:        
Wages and benefits 89,866 91,041 269,209 274,142
Raw materials 15,718 18,228 48,461 53,115
Other 44,336 47,347 134,771 139,938
Total production costs 149,920 156,616 452,441 467,195
Selling, general and administrative costs 184,483 184,596 595,491 534,911
Depreciation and amortization 15,677 15,384 46,961 46,003
Total operating costs 350,080 356,596 1,094,893 1,048,109
Headquarters redesign and consolidation 2,542 0 6,929 0
Restructuring charge 0 2,949 0 14,804
Multiemployer pension plan withdrawal expense 0 (4,971) 0 6,730
Operating profit 33,013 8,973 89,691 46,049
Gain/(loss) from joint ventures 31,557 463 31,464 (41,845)
Interest expense, net 4,660 9,032 15,118 26,955
Income/(loss) from continuing operations before income taxes 59,910 404 106,037 (22,751)
Income tax expense/(benefit) 23,420 121 40,873 (8,956)
Income/(loss) from continuing operations 36,490 283 65,164 (13,795)
Loss from discontinued operations, net of income taxes 488 0 488 0
Net income/(loss) 32,329 406 61,109 (8,076)
Net (income)/loss attributable to the noncontrolling interest (3,673) 123 (3,567) 5,719
Net income/(loss) attributable to The New York Times Company common stockholders $ 36,002 $ 283 $ 64,676 $ (13,795)
Average number of common shares outstanding:        
Basic (in shares) 162,173 161,185 161,798 161,092
Diluted (in shares) 164,405 162,945 164,005 161,092
Basic earnings/(loss) per share attributable to The New York Times Company common stockholders:        
Income/(loss) from continuing operations (in usd per share) $ 0.20 $ 0.00 $ 0.38 $ (0.05)
Loss from discontinued operations, net of income taxes (in usd per share) 0.00 0.00 0.00 0.00
Net income/(loss) (in usd per share) 0.20 0.00 0.38 (0.05)
Diluted earnings/(loss) per share attributable to The New York Times Company common stockholders:        
Income/(loss) from continuing operations (in usd per share) 0.20 0.00 0.37 (0.05)
Loss from discontinued operations, net of income taxes (in usd per share) 0.00 0.00 0.00 0.00
Net income/(loss) (in usd per share) 0.20 0.00 0.37 (0.05)
Dividends declared per share (usd per share) $ 0.08 $ 0.08 $ 0.12 $ 0.12