Exhibit

Exhibit 99.1 - Supplemental Financial Information – Fourth fiscal quarter ended September 25, 2016.

201 N. Harrison St.

Davenport, IA 52801

www.lee.net



13 Weeks Ended (unaudited)
	September 25, 2016						September 27, 2015
(in thousands)	Consolidated		Lee Legacy		Pulitzer Inc.		Consolidated		Lee Legacy		Pulitzer Inc.
Operating revenue:
Advertising and marketing services	86,801		60,377		26,424		97,318		67,944		29,374
Subscription	49,753		33,984		15,769		48,570		33,417		15,153
Other	11,624		9,647		1,977		10,211		8,719		1,492
Total operating revenue	148,178		104,008		44,170		156,099		110,080		46,019
Operating expenses:
Compensation	55,019		42,318		12,701		57,413		42,195		15,218
Newsprint and ink	6,767		4,881		1,886		6,335		4,670		1,665
Other cash costs	52,394		28,109		24,285		55,523		33,234		22,289
Depreciation and amortization	10,689		7,651		3,038		11,106		7,683		3,423
Loss (gain) on sale of assets, net	(1,573	)	(13	)	(1,560	)	(328	)	40		(368	)
Impairment of goodwill and other assets	2,382		1,820		562		—		—		—
Workforce adjustments	209		209		—		1,396		228		1,168
Total operating expenses	125,887		84,975		40,912		131,445		88,050		43,395
Equity in earnings of MNI and TNI	1,900		795		1,105		2,141		1,116		1,025
Operating income	24,191		19,828		4,363		26,795		23,146		3,649
Non-operating income (expense), net	(23,925	)	(24,835	)	910		(12,417	)	(12,269	)	(148	)
Income tax expense	(395	)	(2,494	)	2,099		4,244		2,972		1,272
Net income	661		(2,513	)	3,174		10,134		7,905		2,229

Adjusted EBITDA is a non-GAAP financial measure. Below is a reconciliation of adjusted EBITDA to net income, the most directly comparable measure under GAAP:



Net Income	661		(2,513	)	3,174		10,134		7,905		2,229
Adjusted to exclude
Non-operating expenses, net	23,925		24,835		(910	)	12,417		12,269		148
Income tax expense	(395	)	(2,494	)	2,099		4,244		2,972		1,272
Equity in earnings of TNI and MNI	(1,900	)	(795	)	(1,105	)	(2,141	)	(1,116	)	(1,025	)
Depreciation and amortization	10,689		7,651		3,038		11,106		7,683		3,423
Loss (gain) on sale of assets, net	(1,573	)	(13	)	(1,560	)	(328	)	40		(368	)
Impairment of goodwill and other assets	2,382		1,820		562		—		—		—
Workforce adjustments	209		209		—		1,396		228		1,168
Stock compensation	592		592		—		326		326		—
Add:
Ownership share of TNI and MNI EBITDA (50%)	2,560		1,350		1,210		2,814		1,683		1,131
Adjusted EBITDA	37,150		30,642		6,508		39,968		31,990		7,978

Supplemental cash flow information
Distributions from MNI and TNI	2,906		1,500		1,406		2,862		1,500		1,362
Capital expenditures	(1,299	)	(1,168	)	(131	)	(2,016	)	(1,668	)	(348	)
Pension contributions	(2,290	)	—		(2,290	)	(2,012	)	—		(2,012	)
Cash income tax refunds (payments)	6		12		(6	)	(549	)	(549	)	—
Interest income	74		(814	)	888		79		79		—
Interest to be settled in cash	(15,027	)	(11,028	)	(3,999	)	(17,095	)	(17,095	)	—
Debt financing and administrative costs	(2	)	(2	)	—		(256	)	(62	)	(194	)



52 Weeks Ended (unaudited)
	September 25, 2016						September 27, 2015
(in thousands)	Consolidated		Lee Legacy		Pulitzer Inc.		Consolidated		Lee Legacy		Pulitzer Inc.
Operating revenue:
Advertising and marketing services	373,463		258,920		114,543		412,099		287,417		124,682
Subscription	194,002		133,153		60,849		194,474		131,352		63,122
Other	46,899		39,330		7,569		41,970		35,328		6,642
Total operating revenue	614,364		431,403		182,961		648,543		454,097		194,446
Operating expenses:
Compensation	229,752		175,166		54,586		239,028		180,035		58,993
Newsprint and ink	26,110		18,822		7,288		30,263		22,307		7,956
Other cash costs	218,726		123,600		95,126		229,165		130,530		98,635
Depreciation and amortization	43,441		30,666		12,775		45,563		31,358		14,205
Loss (gain) on sale of assets, net	(3,139	)	643		(3,782	)	106		(109	)	215
Impairment of goodwill and other assets	2,185		1,820		365		—		—		—
Workforce adjustments	1,825		1,719		106		3,304		983		2,321
Total operating expenses	518,900		352,436		166,464		547,429		365,104		182,325
Equity in earnings of MNI and TNI	8,533		3,473		5,060		8,254		3,416		4,838
Operating income	103,997		82,440		21,557		109,368		92,409		16,959
Non-operating income (expense), net	(45,802	)	(48,988	)	3,186		(71,456	)	(71,510	)	54
Income tax expense	22,176		13,189		8,987		13,594		7,415		6,179
Net income	36,019		20,263		15,756		24,318		13,484		10,834

Adjusted EBITDA is a non-GAAP financial measure. Below is a reconciliation of adjusted EBITDA to net income, the most directly comparable measure under GAAP:



Net Income	36,019		20,263		15,756		24,318		13,484		10,834
Adjusted to exclude
Non-operating expenses, net	45,802		48,988		(3,186	)	71,456		71,510		(54	)
Income tax expense	22,176		13,189		8,987		13,594		7,415		6,179
Equity in earnings of TNI and MNI	(8,533	)	(3,473	)	(5,060	)	(8,254	)	(3,416	)	(4,838	)
Depreciation and amortization	43,441		30,666		12,775		45,563		31,358		14,205
Loss (gain) on sale of assets, net	(3,139	)	643		(3,782	)	106		(109	)	215
Impairment of goodwill and other assets	2,185		1,820		365		—		—		—
Workforce adjustments	1,825		1,719		106		3,304		983		2,321
Stock compensation	2,306		2,306		—		1,971		1,971		—
Add:
Ownership share of TNI and MNI EBITDA (50%)	11,705		6,226		5,479		11,246		5,989		5,257
Adjusted EBITDA	153,787		122,347		31,440		163,304		129,185		34,119

Supplemental cash flow information:
Distributions from MNI and TNI	13,886		7,250		6,636		10,975		5,500		5,475
Capital expenditures	(7,091	)	(6,281	)	(810	)	(9,707	)	(6,747	)	(2,960	)
Pension contributions	(4,604	)	—		(4,604	)	(3,577	)	—		(3,577	)
Cash income tax refunds (payments)	(269	)	(263	)	(6	)	(485	)	(396	)	(89	)
Interest income	400		(2,759	)	3,159		337		(1,331	)	1,668
Interest to be settled in cash	(64,233	)	(47,787	)	(16,446	)	(72,409	)	(71,510	)	(899	)
Debt financing and administrative costs	(422	)	(378	)	(44	)	(733	)	(440	)	(293	)