XML 19 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 26, 2021
Dec. 27, 2020
Current assets    
Cash and cash equivalents $ 319,973 $ 286,079
Short-term marketable securities 341,075 309,080
Accounts receivable (net of allowances of $12,374 in 2021 and $13,797 in 2020) 232,908 183,692
Prepaid expenses 33,199 29,487
Other current assets 25,553 27,497
Total current assets 952,708 835,835
Long-term marketable securities 413,380 286,831
Property, plant and equipment:    
Equipment 426,912 470,505
Buildings, building equipment and improvements 723,850 722,122
Software 72,600 173,046
Land 106,128 105,710
Assets in progress 23,099 9,282
Total, at cost 1,352,589 1,480,665
Less: accumulated depreciation and amortization (777,637) (886,149)
Property, plant and equipment, net 574,952 594,516
Goodwill 166,360 171,657
Deferred income taxes 95,800 99,518
Miscellaneous assets 360,908 319,332
Total assets 2,564,108 2,307,689
Current liabilities    
Accounts payable 127,073 123,157
Accrued payroll and other related liabilities 166,464 121,159
Unexpired subscriptions revenue 119,296 105,346
Accrued expenses and other 146,319 137,086
Total current liabilities 559,152 486,748
Other liabilities    
Pension benefits obligation 295,104 326,555
Postretirement benefits obligation 36,086 38,690
Other 133,041 127,585
Total other liabilities 464,231 492,830
Common stock of $.10 par value:    
Additional paid-in capital 230,115 216,714
Retained earnings 1,845,343 1,672,586
Common stock held in treasury, at cost (171,211) (171,211)
Accumulated other comprehensive loss, net of income taxes:    
Foreign currency translation adjustments 3,754 8,386
Funded status of benefit plans (385,680) (421,698)
Unrealized (loss)/gain on available-for-sale securities (1,276) 3,131
Total accumulated other comprehensive loss, net of income taxes (383,202) (410,181)
Total New York Times Company stockholders’ equity 1,538,720 1,325,517
Noncontrolling interest 2,005 2,594
Total stockholders’ equity 1,540,725 1,328,111
Total liabilities and stockholders’ equity 2,564,108 2,307,689
Class A Common Stock    
Common stock of $.10 par value:    
Common stock value 17,597 17,531
Class B Common Stock    
Common stock of $.10 par value:    
Common stock value $ 78 $ 78