Exhibit 99.2
Lee Enterprises, Incorporated
Revenue, Restated to Exclude Discontinued Operations
Year Ended September 30, 2006
(Thousands)
| | | | | | | | | | | | | | | | |
| | Month Ended | | Month Ended | | Month Ended | | Qtr Ended | | Month Ended | | Month Ended | | Month Ended | | Qtr Ended |
| | Oct 05 | | Nov 05 | | Dec 05 | | Dec 05 | | Jan 06 | | Feb 06 | | Mar 06 | | Mar 06 |
| | | | | | | | |
Advertising: | | | | | | | | | | | | | | | | |
Retail | | 43,408 | | 44,669 | | 43,269 | | 131,346 | | 34,517 | | 33,183 | | 36,464 | | 104,164 |
National | | 6,222 | | 5,581 | | 5,855 | | 17,659 | | 5,516 | | 4,178 | | 4,427 | | 14,121 |
Classified: | | | | | | | | | | | | | | | | |
Daily newspapers | | | | | | | | | | | | | | | | |
Employment | | 8,537 | | 6,384 | | 5,170 | | 20,091 | | 8,006 | | 7,031 | | 7,700 | | 22,738 |
Automotive | | 5,536 | | 4,548 | | 4,128 | | 14,212 | | 4,990 | | 4,571 | | 5,012 | | 14,573 |
Real estate | | 6,389 | | 4,849 | | 4,149 | | 15,387 | | 5,052 | | 4,789 | | 5,121 | | 14,962 |
All other | | 3,479 | | 2,910 | | 2,788 | | 9,177 | | 3,027 | | 2,873 | | 3,252 | | 9,151 |
Other publications | | 4,011 | | 3,327 | | 3,142 | | 10,479 | | 3,433 | | 3,341 | | 4,139 | | 10,913 |
| | | | | | | | |
Total classified | | 27,952 | | 22,018 | | 19,377 | | 69,346 | | 24,508 | | 22,605 | | 25,224 | | 72,337 |
| | | | | | | | |
Online | | 2,670 | | 2,317 | | 2,148 | | 7,134 | | 2,600 | | 2,680 | | 2,905 | | 8,185 |
Niche | | 1,009 | | 1,234 | | 1,170 | | 3,414 | | 1,839 | | 1,131 | | 1,505 | | 4,476 |
| | | | | | | | |
Total advertising | | 81,261 | | 75,819 | | 71,819 | | 228,899 | | 68,980 | | 63,777 | | 70,525 | | 203,283 |
| | | | | | | | |
Circulation | | 18,807 | | 16,505 | | 16,275 | | 51,587 | | 18,514 | | 15,778 | | 16,601 | | 50,893 |
Commercial printing | | 1,445 | | 1,418 | | 1,377 | | 4,240 | | 1,235 | | 1,238 | | 1,594 | | 4,068 |
Online services and other | | 2,206 | | 2,662 | | 2,571 | | 7,439 | | 2,151 | | 2,376 | | 2,925 | | 7,451 |
| | | | | | | | |
Total same property | | 103,719 | | 96,404 | | 92,042 | | 292,165 | | 90,880 | | 83,169 | | 91,645 | | 265,695 |
| | | | | | | | |
Acquired/divested properties: | | | | | | | | | | | | | | | | |
Acquisitions | | - | | - | | - | | - | | - | | 23 | | 393 | | 416 |
Divestitures | | 20 | | 27 | | 32 | | 80 | | 34 | | 25 | | 20 | | 79 |
| | | | | | | | |
Total acquired/divested properties | | 20 | | 27 | | 32 | | 80 | | 34 | | 48 | | 413 | | 495 |
| | | | | | | | |
Total publishing revenue | | 103,739 | | 96,431 | | 92,074 | | 292,245 | | 90,914 | | 83,217 | | 92,058 | | 266,190 |
| | | | | | | | | | | | | | | | | | |
| | Month Ended | | Month Ended | | Month Ended | | Qtr Ended | | Month Ended | | Month Ended | | Month Ended | | Qtr Ended | | Year Ended |
| | Apr 06 | | May 06 | | Jun 06 | | Jun 06 | | Jul 06 | | Aug 06 | | Sep 06 | | Sep 06 | | Sep 06 |
| | | | | | | | | |
Advertising: | | | | | | | | | | | | | | | | | | |
Retail | | 41,087 | | 40,291 | | 36,609 | | 117,987 | | 36,740 | | 36,515 | | 37,149 | | 110,402 | | 463,898 |
National | | 5,366 | | 4,119 | | 4,377 | | 13,861 | | 4,621 | | 3,744 | | 3,864 | | 12,229 | | 57,869 |
Classified: | | | | | | | | | | | | | | | | | | |
Daily newspapers | | | | | | | | | | | | | | | | | | |
Employment | | 8,701 | | 7,764 | | 7,528 | | 23,994 | | 8,515 | | 7,891 | | 7,243 | | 23,649 | | 90,472 |
Automotive | | 5,729 | | 4,973 | | 5,263 | | 15,964 | | 6,096 | | 4,985 | | 5,123 | | 16,204 | | 60,953 |
Real estate | | 5,888 | | 5,263 | | 5,355 | | 16,505 | | 6,197 | | 5,430 | | 5,321 | | 16,947 | | 63,802 |
All other | | 3,712 | | 3,570 | | 3,531 | | 10,814 | | 3,446 | | 3,359 | | 3,305 | | 10,113 | | 39,253 |
Other publications | | 4,293 | | 3,796 | | 4,264 | | 12,354 | | 4,093 | | 4,000 | | 3,981 | | 12,073 | | 45,819 |
| | | | | | | | | |
Total classified | | 28,323 | | 25,366 | | 25,941 | | 79,631 | | 28,347 | | 25,665 | | 24,973 | | 78,986 | | 300,299 |
| | | | | | | | | |
Online | | 3,442 | | 3,339 | | 3,270 | | 10,050 | | 3,430 | | 3,601 | | 3,369 | | 10,400 | | 35,769 |
Niche | | 1,425 | | 1,513 | | 1,474 | | 4,411 | | 1,359 | | 1,097 | | 1,824 | | 4,279 | | 16,580 |
| | | | | | | | | |
Total advertising | | 79,643 | | 74,628 | | 71,671 | | 225,940 | | 74,497 | | 70,622 | | 71,179 | | 216,296 | | 874,415 |
| | | | | | | | | |
Circulation | | 18,682 | | 16,725 | | 16,218 | | 51,626 | | 18,372 | | 16,461 | | 16,738 | | 51,571 | | 205,677 |
Commercial printing | | 1,579 | | 1,569 | | 1,353 | | 4,501 | | 1,286 | | 1,472 | | 1,363 | | 4,121 | | 16,931 |
Online services and other | | 2,308 | | 2,561 | | 2,373 | | 7,242 | | 2,292 | | 2,233 | | 1,958 | | 6,484 | | 28,619 |
| | | | | | | | | |
Total same property | | 102,212 | | 95,483 | | 91,615 | | 289,309 | | 96,447 | | 90,788 | | 91,238 | | 278,472 | | 1,125,642 |
| | | | | | | | | |
Acquired/divested properties: | | | | | | | | | | | | | | | | | | |
Acquisitions | | 358 | | 478 | | 301 | | 1,137 | | 361 | | 400 | | 357 | | 1,119 | | 2,672 |
Divestitures | | 29 | | 29 | | 41 | | 98 | | 22 | | 34 | | 22 | | 78 | | 334 |
| | | | | | | | | |
Total acquired/divested properties | | 387 | | 507 | | 342 | | 1,235 | | 383 | | 434 | | 379 | | 1,197 | | 3,006 |
| | | | | | | | | |
Total publishing revenue | | 102,599 | | 95,990 | | 91,957 | | 290,544 | | 96,830 | | 91,222 | | 91,617 | | 279,669 | | 1,128,648 |
Same property data includes all 2005 acquisitions, including Pulitzer Inc.