UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Mark One)
| [X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
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| For the quarterly period ended: | September 28, 2008 |
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| [ ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
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| For the transition period from ________________________________ to _______________________________ |
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| Commission file number: | 1-9824 |
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(Exact name of registrant as specified in its charter) |
Delaware | | 52-2080478 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) |
2100 "Q" Street, Sacramento, CA | | 95816 |
(Address of principal executive offices) | | (Zip Code) |
916-321-1846 |
Registrant's telephone number, including area code |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. [ X ] Yes [ ] No
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer [ ] Accelerated filer [X]
Non-accelerated filer [ ] (Do not check if smaller reporting company)
Smaller reporting company [ ]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12-b of the Exchange Act).
As of November 5, 2008, the registrant had shares of common stock as listed below outstanding:
Class A Common Stock | 57,515,181 |
Class B Common Stock | 25,050,962 |
Explanatory Note
The McClatchy Company (the “Company”) is filing this Amendment No. 1 to Form 10-Q to correct page 18, which duplicated the schedule for elements of pension costs for continuing operations and omitted the schedule of postretirement benefits for continuing operations (Note 7 of Item 1, Part I of the Form 10-Q). There have been no changes from the original Form 10-Q other than as described above. This amendment does not otherwise update information in the Original Filing. Pursuant to Rule 12b-15, currently dated certifications of the Chief Executive Officer and the Chief Financial Officer are provided.
In addition, the Company notes that it is filing this Amendment No. 1 to Form 10-Q as an “accelerated filer” rather than a “large accelerated filer” in accordance with the definitions under Rule 12b-2 of the Exchange Act.
Below is the schedule of postretirement benefits for continuing operations (Note 7 of Item 1, Part I of the Form 10-Q):
The Company also provides for or subsidizes postretirement healthcare and certain life insurance benefits for employees. The elements of postretirement benefits for continuing operations are as follows (in thousands):
| | Three Months Ended | | | Nine Months Ended | |
| | September 28, 2008 | | | September 30, 2007 | | | September 28, 2008 | | | September 30, 2007 | |
| | | | | | | | | | | | |
Service cost | | $ | 9 | | | $ | 211 | | | $ | 37 | | | $ | 632 | |
Interest cost | | | 695 | | | | 717 | | | | 1,810 | | | | 2,151 | |
Prior service cost amortization | | | (252 | ) | | | | | | | (878 | ) | | | | |
Actuarial loss (gain) | | | 133 | | | | (3 | ) | | | (440 | ) | | | (8 | ) |
Curtailment (gain) | | | (795 | ) | | | - | | | | (2,167 | ) | | | - | |
Net post-retirement (credit) expense | | $ | (210 | ) | | $ | 925 | | | $ | (1,638 | ) | | $ | 2,775 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| The McClatchy Company |
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December 12, 2008 | | By: /s/ Gary B. Pruitt |
Date | Gary B. Pruitt Chief Executive Officer |
December 12, 2008 | | By: /s/ Patrick J. Talamantes |
Date | | Patrick J. Talamantes Chief Financial Officer |
INDEX OF EXHIBITS
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31.1 | | Certification of the Chief Executive Officer of The McClatchy Company pursuant to Rule 13a-14(a) under the Exchange Act. |
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31.2 | | Certification of the Chief Financial Officer of The McClatchy Company pursuant to Rule 13a-14(a) under the Exchange Act. |