← NEW YORK TIMES CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $29.1m | $4.3m | $125.7m | $140.0m | $100.1m | $220.0m | $173.9m | $232.4m | $293.8m | $344.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $23.8m | $6.8m | $127.5m | $140.0m | $100.8m | $220.0m | $173.9m | $232.8m | $293.8m | $344.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $31.3m | $4.7m | $125.7m | $140.0m | $100.1m | $220.0m | $173.9m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $26.1m | $7.3m | $127.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($2.3m) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($2.3m) | ($431k) | $0 | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($5.2m) | $2.5m | $1.8m | $0 | $734k | $0 | $0 | $365k | $0 | $0 | |
| Depreciation, Depletion and Amortization | $61.7m | $61.9m | $59.0m | $60.7m | $62.1m | $57.5m | $82.7m | $86.1m | $82.9m | $85.0m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $27.1m | $29.3m | $27.5m | $27.6m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | $7.0m | $7.5m | |
| Depreciation | $61.7m | $61.9m | $59.0m | $60.7m | $62.1m | $57.5m | $82.7m | $86.1m | $55.5m | $57.4m | |
| Deferred Income Tax Expense (Benefit) | ($15.5m) | $103.4m | $6.0m | $4.2m | ($15.2m) | ($6.4m) | ($46.2m) | ($19.8m) | $7.9m | $38.5m | |
| Share-based Payment Arrangement, Noncash Expense | $12.4m | $14.8m | $13.0m | $12.9m | $14.4m | $22.2m | $35.3m | $54.8m | $67.5m | $74.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $9.6m | $4.1m | $10.5m | $15.6m | $11.7m | $11.2m | $9.9m | $14.9m | $21.8m | $30.0m | |
| Share-based Payment Arrangement, Expense | $12.4m | $14.8m | $13.0m | $12.9m | $14.4m | $22.2m | $35.3m | $54.8m | $67.5m | $74.2m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $4.1m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | $4.1m | — | $0 | $0 | |
| Operating Lease, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | — | — | — | |
| Income (Loss) from Equity Method Investments | ($36.3m) | $18.6m | $10.8m | $0 | $5.0m | $0 | $0 | $2.5m | — | $0 | |
| Income Tax Expense (Benefit) | $4.4m | $104.0m | $48.6m | $24.5m | $14.6m | $70.5m | $62.1m | $69.8m | $89.6m | $107.3m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($36.3m) | $18.6m | $10.8m | $0 | $5.0m | $0 | $0 | $2.5m | $0 | $0 | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($9.8m) | ($12.5m) | $37.6m | ($9.1m) | ($29.7m) | $49.2m | ($20.9m) | $25.0m | $7.0m | $41.3m | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $2.5m | $15.2m | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | $7.6m | $12.0m | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | $10.1m | $27.2m | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | ($3.8m) | $0 | $0 | — | — | |
| General and Administrative Expense | — | — | — | — | $223.6m | $250.1m | $289.3m | $311.0m | $307.9m | $328.1m | |
| Goodwill | $134.5m | $143.5m | $140.3m | $138.7m | $171.7m | $166.4m | $414.0m | $416.1m | $412.2m | $409.2m | |
| Insured Event, Gain (Loss) | $0 | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $9.0m | $9.9m | $14.5m | $21.6m | $24.1m | $6.6m | $7.3m | $22.1m | $37.5m | $43.5m | |
| Proceeds from Stock Options Exercised | — | — | — | $4.5m | $6.1m | $2.5m | $3k | $0 | $0 | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | $37.1m | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $94.2m | $86.7m | $157.1m | $189.9m | $297.9m | $269.1m | $150.7m | $360.6m | $410.5m | $584.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $30.1m | $84.8m | $77.5m | $45.4m | $34.5m | $34.6m | $37.0m | $22.7m | $29.2m | $34.0m | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | $34.2m | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | ($409k) | ($1.3m) | ($426k) | ($3.3m) | ($2.9m) | ($3.7m) | ($2.5m) | ($4.8m) | ($12.5m) | ($12.8m) | |
| Net Cash Provided by (Used in) Investing Activities | $128.3m | $21.0m | ($101.1m) | $93.2m | ($199.1m) | ($180.8m) | ($73.6m) | ($159.7m) | ($306.1m) | ($221.3m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | $189.8m | $552k | $552k | $252.6m | $0 | $0 | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $761k | $4.6m | $41.3m | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $15.7m | $0 | $0 | — | — | — | $105.1m | $44.6m | $85.0m | $165.3m | |
| Payments of Ordinary Dividends, Common Stock | $25.9m | $26.0m | $26.4m | $31.6m | $38.4m | $45.3m | $56.8m | $69.5m | $82.9m | $110.4m | |
| Net Cash Provided by (Used in) Financing Activities | ($227.4m) | ($26.0m) | $3.8m | ($295.3m) | ($45.0m) | ($54.9m) | ($174.3m) | ($132.7m) | ($192.7m) | ($306.1m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($237k) | $593k | ($983k) | ($100k) | $566k | ($1.0m) | ($2.0m) | ($219k) | ($1.0m) | ($430k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($8.7m) | $74.8m | $259.8m | $247.5m | $302.0m | $334.3m | $235.2m | $303.2m | $213.9m | $270.5m | |
| Restricted Cash and Investments, Current | $24.9m | $18.0m | $18.3m | $17.1m | $15.9m | $14.3m | $13.8m | $13.7m | $14.4m | $15.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $39.5m | $28k | $28k | $28.0m | $508k | $546k | $1.6m | $708k | $716k | $111k | |
| Income Taxes Paid, Net | $44.9m | $22k | ($1k) | $30.4m | $24.4m | $66.4m | $110.2m | $71.8m | $113.1m | $71.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.