 |
 |
 |
 |
|
Financial Highlights
|
 |
 |
 |
|
2006 |
2005* |
2004* |
2003* |
2002* |
| Advertising |
|
$324,607
|
$357,820
|
$362,355
|
$352,029
|
$341,262
|
| Circulation |
|
$83,556
|
$88,150
|
$90,024
|
$86,532
|
$89,427
|
| Job Printing |
|
$8,260
|
$9,194
|
$
8,648
|
$7,903
|
$7,237
|
| Other |
|
$2,277
|
$2,725
|
$
3,412
|
$4,325
|
$3,852
|
| Total Operating Revenues |
|
$418,700
|
$457,889
|
$
464,439
|
$450,789
|
$441,778
|
 |
| Operating Income(loss) |
|
$(38,950) |
$(9,915) |
$
(30,839)
|
$(44,300)
|
$12,555
|
| Earnings (loss) from continuing
operations |
|
$(77,630) |
$(45,531)
|
$(156,488)
|
$(114,510)
|
$(251,691) |
Earnings from discontinued operations
(net of income taxes)
|
|
$20,957
|
$33,965
|
$390,228
|
$36,153
|
$21,367
|
| Net Earnings (loss) |
|
(56,673)
|
(11,566)
|
233,740
|
$(78,357)
|
$(230,324)
|
Basic and Diluted
Earnings per share:
|
|
|
|
|
|
|
| (Loss) from continuing
operations** |
|
$(0.91) |
$(0.50)
|
$(1.73)
|
$(1.31)
|
$(2.62)
|
Earnings from discontinued operations
|
|
0.25
|
0.37
|
4.31
|
0.41
|
0.22
|
Net earnings (loss) (2)
|
|
$(0.66)
|
$(0.13)
|
$2.58
|
$(0.90)
|
$(2.40)
|
| Cash Dividend per share paid on Class A & Class B Common Stock |
 |
$0.2
|
$5.7
|
$0.20 |
$0.20 |
$0.41 |
| * The Company restated its consolidated financial
statements for the years ended December 31, 2003, 2002, 2001 and 2000 to
reflect: findings of the Special Committee of the Board of Directors released
on August 30, 2004; the correction of accounting errors; reclassifications
arising from the required adoption of a new FASB standard; and other items,
principally the effects of foreign currency translation adjustments. These
periods have also been revised to reflect discontinued operations treatment
of businesses sold in 2004.
** The Company’s diluted earnings per share is calculated on the
following diluted number of shares outstanding (in thousands): 2004 – 90,486;
2003 – 87,311; and 2002 – 96,066
|
|
|
|
| |
 |
 |
|