NEW YORK TIMES CO
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
NYT$72.58+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December
| (In thousands) | December 31, 2023 | December 31, 2022 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $289,472 | $221,385 |
| Short-term marketable securities | 162,094 | 125,972 |
| Accounts receivable (net of allowances of $12,800 in 2023 and $12,260 in 2022) | 242,488 | 217,533 |
| Prepaid expenses | 59,712 | 54,859 |
| Other current assets | 27,887 | 35,926 |
| Total current assets | 781,653 | 655,675 |
| Long-term marketable securities | 257,633 | 138,917 |
| Property, plant and equipment: | ||
| Equipment | 447,324 | 441,940 |
| Buildings, building equipment and improvements | 729,559 | 730,119 |
| Software | 80,710 | 74,196 |
| Land | 106,648 | 106,275 |
| Assets in progress | 20,333 | 24,192 |
| Total, at cost | 1,384,574 | 1,376,722 |
| Less: accumulated depreciation and amortization | (870,329) | (823,024) |
| Property, plant and equipment, net | 514,245 | 553,698 |
| Goodwill | 416,098 | 414,046 |
| Intangible assets, net | 285,490 | 317,314 |
| Deferred income taxes | 114,505 | 96,363 |
| Right of use assets | 35,374 | 57,600 |
| Pension assets | 83,016 | 69,521 |
| Miscellaneous assets | 226,581 | 230,618 |
| Total assets | $2,714,595 | $2,533,752 |
P. 64 – THE NEW YORK TIMES COMPANY
| (In thousands, except share and per share data) | December 31, 2023 | December 31, 2022 |
|---|---|---|
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $116,942 | $114,646 |
| Accrued payroll and other related liabilities | 174,316 | 164,564 |
| Unexpired subscriptions revenue | 172,772 | 155,945 |
| Accrued expenses and other | 147,529 | 136,055 |
| Total current liabilities | 611,559 | 571,210 |
| Other liabilities | ||
| Pension benefits obligation | 219,451 | 225,300 |
| Postretirement benefits obligation | 19,402 | 26,455 |
| Other | 100,964 | 110,815 |
| Total other liabilities | 339,817 | 362,570 |
| Stockholders’ equity | ||
| Common stock of $.10 par value: | ||
| Class A – authorized: 300,000,000 shares; issued: 2023 – 176,951,162; 2022 – 176,288,596 (including treasury shares: 2023 – 13,189,925; 2022 – 12,004,865) | 17,697 | 17,629 |
| Class B – convertible – authorized and issued shares: 2023 – 780,724; 2022 – 780,724 (including treasury shares: 2023 – none; 2022 – none) | 78 | 78 |
| Additional paid-in capital | 301,287 | 255,515 |
| Retained earnings | 2,117,839 | 1,958,859 |
| Common stock held in treasury, at cost | (320,820) | (276,267) |
| Accumulated other comprehensive loss, net of income taxes: | ||
| Foreign currency translation adjustments | 910 | (510) |
| Funded status of benefit plans | (353,286) | (348,947) |
| Unrealized (loss) on available-for-sale securities | (486) | (8,390) |
| Total accumulated other comprehensive loss, net of income taxes | (352,862) | (357,847) |
| Total New York Times Company stockholders’ equity | 1,763,219 | 1,597,967 |
| Noncontrolling interest | — | 2,005 |
| Total stockholders’ equity | 1,763,219 | 1,599,972 |
| Total liabilities and stockholders’ equity | $2,714,595 | $2,533,752 |
THE NEW YORK TIMES COMPANY – P. 65
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