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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
REVENUES - NET:        
Net revenues $ 131,014 $ 178,662 $ 287,039 $ 358,986
OPERATING EXPENSES:        
Compensation 54,509 61,456 112,951 130,891
Newsprint, supplements and printing expenses 7,040 11,229 15,920 22,925
Depreciation and amortization 11,324 17,411 26,316 34,929
Other operating expenses 67,397 83,087 150,725 171,291
Goodwill and other asset write-downs (see Notes 3 and 6) 261   64,023 739
Operating expenses, total 140,531 173,183 369,935 360,775
OPERATING INCOME (LOSS) (9,517) 5,479 (82,896) (1,789)
NON-OPERATING INCOME (EXPENSE):        
Interest expense (contractual interest expense of $17,616 and $36,955 for the quarter and six months ended June 28, 2020, respectively) (9,680) (19,920) (24,788) (39,964)
Reorganization items, net (12,048)   (107,215)  
Loss on extinguishment of debt, net   (1,986)   (1,986)
Retirement benefit expense (3,868) (4,329) (7,735) (15,056)
Other - net 115 (682) 250 (1,161)
Non-operating income (expense), total (25,481) (26,917) (139,488) (58,167)
Loss before income taxes (34,998) (21,438) (222,384) (59,956)
Income tax benefit (267) (3,907) (9,000) (469)
NET LOSS $ (34,731) $ (17,531) $ (213,384) $ (59,487)
Net loss per common share:        
Net loss per share - basic (in dollars per share) $ (4.38) $ (2.21) $ (26.89) $ (7.54)
Net loss per share - diluted (in dollars per share) $ (4.38) $ (2.21) $ (26.89) $ (7.54)
Weighted average number of common shares:        
Basic (in shares) 7,934 7,925 7,934 7,892
Diluted (in shares) 7,934 7,925 7,934 7,892
Advertising        
REVENUES - NET:        
Net revenues $ 45,738 $ 85,455 $ 107,833 $ 170,650
Audience        
REVENUES - NET:        
Net revenues 73,910 80,292 154,602 163,404
Other        
REVENUES - NET:        
Net revenues $ 11,366 $ 12,915 $ 24,604 $ 24,932