XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
3 Months Ended 9 Months Ended
Jun. 24, 2018
Jun. 25, 2017
Jun. 24, 2018
Jun. 25, 2017
Operating revenue:        
Advertising and marketing services $ 73,538,000 $ 81,247,000 $ 229,751,000 $ 251,815,000
Subscription 48,165,000 47,410,000 142,405,000 141,306,000
Other 10,915,000 10,698,000 32,052,000 33,610,000
Total operating revenue 132,618,000 139,355,000 404,208,000 426,731,000
Operating expenses:        
Compensation 47,862,000 51,577,000 147,428,000 159,047,000
Newsprint and ink 6,442,000 6,123,000 17,920,000 19,216,000
Other operating expenses 49,159,000 48,571,000 148,830,000 150,109,000
Depreciation 3,606,000 4,011,000 11,048,000 12,090,000
Amortization of intangible assets 4,298,000 6,285,000 12,925,000 18,903,000
Gain on sales of assets and other, net 101,000 (61,000) (1,197,000) (3,777,000)
Workforce adjustments and other 1,865,000 3,902,000 4,150,000 6,372,000
Total operating expenses 113,333,000 120,408,000 341,104,000 361,960,000
Equity in earnings of associated companies 1,578,000 1,616,000 5,569,000 6,034,000
Operating income 20,863,000 20,563,000 68,673,000 70,805,000
Non-operating income (expense):        
Interest expense (12,913,000) (14,331,000) (39,837,000) (43,919,000)
Debt financing costs and amortization (1,747,000) (1,438,000) (4,061,000) (3,463,000)
Other, net 519,000 3,336,000 1,045,000 10,935,000
Total non-operating expense, net (14,141,000) (12,433,000) (42,853,000) (36,447,000)
Income (loss) before income taxes 6,722,000 8,130,000 25,820,000 34,358,000
Income tax expense (benefit) 1,972,000 1,843,000 (16,791,000) 9,253,000
Net income 4,750,000 6,287,000 42,611,000 25,105,000
Net income attributable to non-controlling interests (292,000) (292,000) (911,000) (809,000)
Income (loss) attributable to Lee Enterprises, Incorporated 4,458,000 5,995,000 41,700,000 24,296,000
Other comprehensive income (loss), net of income taxes 27,000 55,000 18,000 1,004,000
Comprehensive income (loss) attributable to Lee Enterprises, Incorporated $ 4,485,000 $ 6,050,000 $ 41,718,000 $ 25,300,000
Basic:        
Earnings Per Share, Basic $ 0.08 $ 0.11 $ 0.76 $ 0.45
Diluted:        
Diluted $ 0.08 $ 0.11 $ 0.75 $ 0.44