LEE ENTERPRISES Inc
For the period ended Dec 29, 2024. Filed Feb 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2024 · Filed Feb 7, 2025
LEE$6.75+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (Unaudited) | ||
|---|---|---|
| (Thousands of Dollars) | December 29,2024 | September 29,2024 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 6,122 | 9,598 |
| Accounts receivable, net | 59,539 | 60,648 |
| Inventories | 6,231 | 5,643 |
| Prepaid and other current assets | 20,409 | 21,884 |
| Total current assets | 92,301 | 97,773 |
| Investments: | ||
| Associated companies | 27,713 | 27,941 |
| Other | 6,090 | 6,042 |
| Total investments | 33,803 | 33,983 |
| Property and equipment: | ||
| Land and improvements | 6,377 | 6,420 |
| Buildings and improvements | 69,821 | 70,152 |
| Equipment | 191,923 | 196,312 |
| Construction in process | 7,165 | 5,625 |
| 275,286 | 278,509 | |
| Less accumulated depreciation | 232,454 | 234,137 |
| Property and equipment, net | 42,832 | 44,372 |
| Operating lease right-of-use assets | 31,886 | 34,882 |
| Goodwill | 323,858 | 328,040 |
| Other intangible assets, net | 66,600 | 70,075 |
| Pension plan assets, net | 4,962 | 4,663 |
| Medical plan assets, net | 23,729 | 23,300 |
| Other | 12,997 | 12,083 |
| Total assets | 632,968 | 649,171 |
| (Unaudited) | ||
|---|---|---|
| (Thousands of Dollars and Shares, Except Per Share Data) | December 29,2024 | September 29,2024 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of lease liabilities | 7,818 | 8,139 |
| Current maturities of long-term debt | — | — |
| Accounts payable | 44,795 | 36,290 |
| Compensation and other accrued liabilities | 36,088 | 39,170 |
| Unearned revenue | 30,285 | 31,755 |
| Total current liabilities | 118,986 | 115,354 |
| Long-term debt, net of current maturities | 445,943 | 445,943 |
| Operating lease liabilities | 26,962 | 29,769 |
| Pension obligations | 552 | 561 |
| Postretirement and postemployment benefit obligations | 7,516 | 7,520 |
| Deferred income taxes | 28,236 | 28,403 |
| Income taxes payable | 3,509 | 3,456 |
| Withdrawal liabilities and other | 25,441 | 25,499 |
| Total liabilities | 657,145 | 656,505 |
| Commitments and Contingent Liabilities (Note 9) | ||
| Equity: | ||
| Stockholders' equity: | ||
| Serial convertible preferred stock, no par value; authorized 500 shares; none issued | — | — |
| Common Stock, $0.01 par value; authorized 12,000 shares; issued and outstanding: | 62 | 62 |
| December 29, 2024; 6,190 shares; $0.01 par value | ||
| September 29, 2024; 6,190 shares; $0.01 par value | ||
| Class B Common Stock, $2 par value; authorized 3,000 shares; none issued | — | — |
| Additional paid-in capital | 262,569 | 262,470 |
| Accumulated deficit | (309,089) | (292,341) |
| Accumulated other comprehensive income | 19,805 | 19,920 |
| Total Lee Enterprises, Inc. Stockholders' deficit | (26,653) | (9,889) |
| Non-controlling interests | 2,476 | 2,555 |
| Total deficit | (24,177) | (7,334) |
| Total liabilities and deficit | 632,968 | 649,171 |
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