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LEE ENTERPRISES, Inc (LEE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-25-22Sep-26-21Sep-27-20Sep-29-19Sep-30-18Sep-24-17Sep-25-16Sep-27-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Operating revenue:          
Total operating revenue  781.0794.6618.0509.9544.0566.9614.4648.5
            Total operating revenue growth  -1.7%28.6%21.2%-6.3%-4.1%-7.7%-5.3%-1.9%
Operating expenses:          
Compensation  317.8330.9243.0182.9199.2213.1229.8239.0
Newsprint and ink  30.129.824.2     
Other operating expenses  344.9325.6259.4  199.8218.7229.2
Depreciation and amortization  36.542.836.1  41.343.445.6
Assets (gain) loss on sales, impairments and other, net  9.78.2-5.4  -1.2-1.00.1
Restructuring costs and other  22.77.213.8  7.51.83.3
    Total operating expenses  761.8744.5571.1442.2467.5485.4518.9547.4
Equity in earnings of associated companies  5.76.43.4  7.68.58.3
    Operating income  24.956.650.3122.9138.189.1104.0109.4
            Operating margin  3.2%7.1%8.1%24.1%25.4%15.7%16.9%16.9%
   
Non-operating (expense) income:          
Interest expense  -41.8-44.8-47.7-47.6-52.2-57.6-64.2-72.4
Curtailment gain  1.023.8      
Pension withdrawal cost  -2.3-12.9      
    Total non-operating expense, net  -24.1-24.5-47.4-50.9-54.9-48.9-45.8-71.5
    Income (loss) before income taxes  0.832.02.823.830.840.2  
Income tax expense (benefit)  0.77.33.07.9-16.211.622.213.6
    Net income (loss)  0.124.8-0.1  28.636.024.3
Net income attributable to non-controlling interests  -2.1-2.0-1.8  -1.1-1.1-1.0
    (Loss) income attributable to Lee Enterprises, Incorporated  -2.022.7-2.014.345.827.535.023.3
   
Other comprehensive loss, net of income taxes          
    Comprehensive income (loss) attributable to Lee Enterprises, Incorporated  -27.685.07.1  34.228.516.9
   
Earnings (loss) per common share:          
Basic (in dollars per share)  ($0.35)$3.98($0.35)$2.57$0.84$0.51$0.66$0.44
Diluted (in dollars per share)  ($0.35)$3.90($0.35)$2.51$0.82$0.50$0.64$0.43

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