XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 27, 2022
Dec. 26, 2021
Current assets    
Cash and cash equivalents $ 169,171 $ 319,973
Short-term marketable securities 52,788 341,075
Accounts receivable (net of allowances of $12,234 in 2022 and $12,374 in 2021) 197,492 232,908
Prepaid expenses 41,766 33,199
Other current assets 25,798 25,553
Total current assets 487,015 952,708
Other assets    
Long-term marketable securities 252,815 413,380
Property, plant and equipment (less accumulated depreciation and amortization of $790,884 in 2022 and $777,637 in 2021) 570,803 574,952
Goodwill 414,200 166,360
Intangible assets, net 343,351 14,246
Deferred income taxes 110,628 95,800
Miscellaneous assets 350,454 346,662
Total assets 2,529,266 2,564,108
Current liabilities    
Accounts payable 146,152 127,073
Accrued payroll and other related liabilities 111,568 166,464
Unexpired subscriptions revenue 154,360 119,296
Accrued expenses and other 180,933 146,319
Total current liabilities 593,013 559,152
Other liabilities    
Pension benefits obligation 291,035 295,104
Postretirement benefits obligation 35,413 36,086
Other 114,729 133,041
Total other liabilities 441,177 464,231
Common stock of $.10 par value:    
Additional paid-in capital 227,815 230,115
Retained earnings 1,834,734 1,845,343
Common stock held in treasury, at cost (200,245) (171,211)
Accumulated other comprehensive loss, net of income taxes:    
Foreign currency translation adjustments 2,146 3,754
Funded status of benefit plans (382,014) (385,680)
Net unrealized loss on available-for-sale securities (7,069) (1,276)
Total accumulated other comprehensive loss, net of income taxes (386,937) (383,202)
Total New York Times Company stockholders’ equity 1,493,071 1,538,720
Noncontrolling interest 2,005 2,005
Total stockholders’ equity 1,495,076 1,540,725
Total liabilities and stockholders’ equity 2,529,266 2,564,108
Class A Common Stock    
Common stock of $.10 par value:    
Common stock value 17,626 17,597
Class B Common Stock    
Common stock of $.10 par value:    
Common stock value $ 78 $ 78