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Segment Information
 3 Months Ended
Mar. 27, 2022
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company identifies a business as an operating segment if: (i) it engages in business activities from which it may earn revenues and incur expenses; (ii) its operating results are regularly reviewed by the Company’s President and Chief Executive Officer (who is the Company’s Chief Operating Decision Maker) to make decisions about resources to be allocated to the segment and assess its performance; and (iii) it has available discrete financial information.
On February 1, 2022, the Company acquired The Athletic (see Note 5). For the first quarter of 2022, the results of The Athletic have been included in the Company's Condensed Consolidated Financial Statements beginning February 1, 2022. The Athletic is a separate reportable segment of the Company. As a result, beginning in the first quarter of 2022, we have two reportable segments: The New York Times Group and The Athletic. These segments are evaluated regularly by the Company’s Chief Operating Decision Maker in assessing performance and allocating resources. Management uses adjusted operating profit by segment in assessing performance and allocating resources. The Company includes in its presentation revenues and adjusted operating costs to arrive at adjusted operating profit by segment. Adjusted operating costs are defined as operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs. Adjusted operating profit is defined as operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items.

The following tables present segment information:
For the Quarters Ended
(In thousands)March 27, 2022March 28, 2021% Change
Revenues
The New York Times Group$525,268 $473,045 11.0 %
The Athletic12,157 — *
Total revenues$537,425 $473,045 13.6 %
Adjusted operating costs
The New York Times Group$457,543 $404,938 13.0 %
The Athletic18,979 — *
Total adjusted operating costs$476,522 $404,938 17.7 %
Adjusted operating profit
The New York Times Group$67,725 $68,107 (0.6)%
The Athletic(6,822)— *
Total adjusted operating profit$60,903 $68,107 (10.6)%
* Represents a change equal to or in excess of 100% or not meaningful.
Revenues detail by segment
For the Quarters Ended
(In thousands)March 27, 2022March 28, 2021% Change
The New York Times Group
Subscription$361,602 $329,084 9.9 %
Advertising114,490 97,116 17.9 %
Other49,176 46,845 5.0 %
Total$525,268 $473,045 11.0 %
The Athletic
Subscription$10,377 $— *
Advertising1,780 — *
Total$12,157 $— *
The New York Times Company
Subscription$371,979 $329,084 13.0 %
Advertising116,270 97,116 19.7 %
Other49,176 46,845 5.0 %
Total$537,425 $473,045 13.6 %
* Represents a change equal to or in excess of 100% or not meaningful.
Adjusted operating costs (operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs) detail by segment
For the Quarters Ended
(In thousands)March 27, 2022March 28, 2021% Change
The New York Times Group
Cost of revenue (excluding depreciation and amortization)$269,476 $250,997 7.4 %
Sales and marketing74,460 60,153 23.8 %
Product development45,179 38,943 16.0 %
Adjusted general and administrative (1)
68,428 54,845 24.8 %
Total$457,543 $404,938 13.0 %
The Athletic
Cost of revenue (excluding depreciation and amortization)$11,889 $— *
Sales and marketing3,128 — *
Product development2,254 — *
Adjusted general and administrative
1,708 — *
Total$18,979 $— *
The New York Times Company
Cost of revenue (excluding depreciation and amortization)$281,365 $250,997 12.1 %
Sales and marketing77,588 60,153 29.0 %
Product development47,433 38,943 21.8 %
Adjusted general and administrative (1)
70,136 54,845 27.9 %
Total$476,522 $404,938 17.7 %
(1) Excludes multiemployer pension withdrawal costs of $1.2 million for the quarter ended March 27, 2022 and severance and multiemployer pension withdrawal costs of $0.4 million and $1.3 million, respectively, for the quarter ended March 28,2021.
* Represents a change equal to or in excess of 100% or not meaningful.
Reconciliation of operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs (or adjusted operating costs)
For the Quarters Ended
(In thousands)March 27, 2022March 28, 2021% Change
Operating costs$496,429 $421,387 17.8 %
Less:
Depreciation and amortization18,686 14,717 27.0 %
Severance— 406 *
Multiemployer pension plan withdrawal costs1,221 1,326 (7.9)%
Adjusted operating costs$476,522 $404,938 17.7 %
* Represents a change equal to or in excess of 100% or not meaningful.

Reconciliation of operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items (or adjusted operating profit)
For the Quarters Ended
(In thousands)March 27, 2022March 28, 2021% Change
Operating profit$6,284 $51,658 (87.8)%
Add:
Depreciation and amortization18,686 14,717 27.0 %
Severance— 406 *
Multiemployer pension plan withdrawal costs1,221 1,326 (7.9)%
Special items:
Acquisition-related costs34,712 — *
Adjusted operating profit$60,903 $68,107 (10.6)%
* Represents a change equal to or in excess of 100% or not meaningful.