XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 235,350 $ 221,385
Short-term marketable securities 139,354 125,972
Accounts receivable (net of allowances of $11,190 in 2023 and $12,260 in 2022) 165,977 217,533
Prepaid expenses 58,357 54,859
Other current assets 35,369 35,926
Total current assets 634,407 655,675
Other assets    
Long-term marketable securities 99,703 138,917
Property, plant and equipment (less accumulated depreciation and amortization of $836,579 in 2023 and $823,024 in 2022) 546,305 553,698
Goodwill 415,134 414,046
Intangible assets, net 309,983 317,314
Deferred income taxes 105,912 96,363
Miscellaneous assets 360,843 357,739
Total assets 2,472,287 2,533,752
Current liabilities    
Accounts payable 122,008 114,646
Accrued payroll and other related liabilities 99,851 164,564
Unexpired subscriptions revenue 163,590 155,945
Accrued expenses and other 155,005 136,055
Total current liabilities 540,454 571,210
Other liabilities    
Pension benefits obligation 221,933 225,300
Postretirement benefits obligation 26,717 26,455
Other 106,393 110,815
Total other liabilities 355,043 362,570
Common stock of $.10 par value:    
Additional paid-in capital 255,361 255,515
Retained earnings 1,962,805 1,958,859
Common stock held in treasury, at cost (306,987) (276,267)
Accumulated other comprehensive loss, net of income taxes:    
Foreign currency translation adjustments 144 (510)
Funded status of benefit plans (347,805) (348,947)
Net unrealized loss on available-for-sale securities (6,477) (8,390)
Total accumulated other comprehensive loss, net of income taxes (354,138) (357,847)
Total New York Times Company stockholders’ equity 1,574,785 1,597,967
Noncontrolling interest 2,005 2,005
Total stockholders’ equity 1,576,790 1,599,972
Total liabilities and stockholders’ equity 2,472,287 2,533,752
Class A Common Stock    
Common stock of $.10 par value:    
Common stock value 17,666 17,629
Class B Common Stock    
Common stock of $.10 par value:    
Common stock value $ 78 $ 78