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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 26, 2023
Mar. 27, 2022
Mar. 26, 2023
Mar. 27, 2022
Operating revenue:        
Total operating revenue $ 170,687 $ 190,014 $ 355,818 $ 392,296
Operating expenses:        
Compensation 68,831 83,513 144,277 168,207
Newsprint and ink 6,466 7,068 13,898 14,712
Other operating expenses 82,569 84,679 169,343 170,661
Depreciation and amortization 7,733 8,951 15,619 18,627
Assets gain on sales, impairments and other, net (792) (152) (3,355) (12,426)
Restructuring costs and other 3,694 10,590 4,340 13,790
Total operating expenses 168,501 194,649 344,122 373,571
Equity in earnings of associated companies 672 1,407 2,340 3,161
Operating income (loss) 2,858 (3,228) 14,036 21,886
Non-operating (expense) income:        
Interest expense (10,501) (10,523) (20,909) (21,186)
Curtailment gain 0 0 0 1,027
Pension withdrawal cost 0 (2,335) 0 (2,335)
Pension and OPEB related benefit (cost) and other, net 206 6,248 1,700 9,320
Total non-operating expense, net (10,295) (6,610) (19,209) (13,174)
(Loss) income before income taxes (7,437) (9,838) (5,173) 8,712
Income tax (benefit) expense (2,071) (3,144) (1,631) 2,207
Net (loss) income (5,366) (6,694) (3,542) 6,505
Net income attributable to non-controlling interests (519) (582) (1,244) (1,123)
(Loss) income attributable to Lee Enterprises, Incorporated (5,885) (7,276) (4,786) 5,382
Other comprehensive loss, net of income taxes (140) (1,167) (280) (7,279)
Comprehensive loss attributable to Lee Enterprises, Incorporated $ (6,025) $ (8,443) $ (5,066) $ (1,897)
Earnings per common share:        
Basic (in dollars per share) $ (1.01) $ (1.26) $ (0.82) $ 0.94
Diluted (in dollars per share) $ (1.01) $ (1.26) $ (0.82) $ 0.92
Advertising and marketing services        
Operating revenue:        
Total operating revenue $ 77,700 $ 87,633 $ 167,285 $ 186,387
Subscription        
Operating revenue:        
Total operating revenue 78,582 87,348 158,281 174,867
Other        
Operating revenue:        
Total operating revenue $ 14,405 $ 15,033 $ 30,252 $ 31,042