The New York Times Company (NYT) 10-Q 1 Nov 17 2017 Q3 Quarterly report Financial data

Document Entity Information

Document Entity Information - shares	9 Months Ended
	Sep. 24, 2017	Oct. 27, 2017
Entity Information [Line Items]
Entity Registrant Name	NEW YORK TIMES CO
Entity Central Index Key	71,691
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 24, 2017
Document Fiscal Period Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	NYT
Amendment Flag	false
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		161,394,059
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		808,763

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Current assets
Cash and cash equivalents	$ 244,667	$ 100,692
Short-term marketable securities	336,442	449,535
Accounts receivable (net of allowances of $13,838 in 2017 and $16,815 in 2016)	142,323	197,355
Prepaid expenses	17,869	15,948
Other current assets	26,462	32,648
Total current assets	767,763	796,178
Other assets
Long-term marketable securities	241,782	187,299
Investments in joint ventures	20,472	15,614
Property, plant and equipment (less accumulated depreciation and amortization of $945,416 in 2017 and $903,736 in 2016)	618,835	596,743
Goodwill	143,171	134,517
Deferred income taxes	290,473	301,342
Miscellaneous assets	156,462	153,702
Total assets	2,238,958	2,185,395
Current liabilities
Accounts payable	116,724	104,463
Accrued payroll and other related liabilities	90,651	96,463
Unexpired subscriptions	76,886	66,686
Accrued expenses and other	134,411	131,125
Total current liabilities	418,672	398,737
Other liabilities
Long-term debt and capital lease obligations	249,375	246,978
Pension benefits obligation	518,395	558,790
Postretirement benefits obligation	55,107	57,999
Other	78,735	78,647
Total other liabilities	901,612	942,414
Common stock of $.10 par value:
Additional paid-in capital	159,830	149,928
Retained earnings	1,373,478	1,331,911
Common stock held in treasury, at cost	(171,211)	(171,211)
Accumulated other comprehensive loss, net of income taxes:
Foreign currency translation adjustments	5,571	(1,822)
Funded status of benefit plans	(465,440)	(477,994)
Net unrealized loss on available-for-sale securities	(653)	0
Total accumulated other comprehensive loss, net of income taxes	(460,522)	(479,816)
Total New York Times Company stockholders’ equity	918,678	847,815
Noncontrolling interest	(4)	(3,571)
Total stockholders’ equity	918,674	844,244
Total liabilities and stockholders’ equity	2,238,958	2,185,395
Class A Common Stock
Common stock of $.10 par value:
Common stock value	17,022	16,921
Class B Common Stock
Common stock of $.10 par value:
Common stock value	$ 81	$ 82

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Accounts receivable, allowances	$ 13,838	$ 16,815
Accumulated depreciation and amortization	$ 945,416	$ 903,736
Common stock, par value (USD per share)	$ 0.1	$ 0.1
Class A Common Stock
Authorized shares (in shares)	300,000,000	300,000,000
Issued shares (in shares)	170,220,136	169,206,879
Treasury shares (in shares)	8,870,801	8,870,801
Class B Common Stock
Authorized shares (in shares)	810,933	816,632
Issued shares (in shares)	810,933	816,632
Treasury shares (in shares)	0	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Revenues
Subscription	$ 246,638	$ 217,099	$ 739,050	$ 654,573
Advertising	113,633	124,898	375,895	395,733
Other	25,364	21,550	76,568	65,386
Total revenues	385,635	363,547	1,191,513	1,115,692
Production costs:
Wages and benefits	89,866	91,041	269,209	274,142
Raw materials	15,718	18,228	48,461	53,115
Other	44,336	47,347	134,771	139,938
Total production costs	149,920	156,616	452,441	467,195
Selling, general and administrative costs	184,483	184,596	595,491	534,911
Depreciation and amortization	15,677	15,384	46,961	46,003
Total operating costs	350,080	356,596	1,094,893	1,048,109
Headquarters redesign and consolidation	2,542	0	6,929	0
Restructuring charge	0	2,949	0	14,804
Multiemployer pension plan withdrawal expense	0	(4,971)	0	6,730
Operating profit	33,013	8,973	89,691	46,049
Gain/(loss) from joint ventures	31,557	463	31,464	(41,845)
Interest expense, net	4,660	9,032	15,118	26,955
Income/(loss) from continuing operations before income taxes	59,910	404	106,037	(22,751)
Income tax expense/(benefit)	23,420	121	40,873	(8,956)
Income/(loss) from continuing operations	36,490	283	65,164	(13,795)
Loss from discontinued operations, net of income taxes	488	0	488	0
Net income/(loss)	32,329	406	61,109	(8,076)
Net (income)/loss attributable to the noncontrolling interest	(3,673)	123	(3,567)	5,719
Net income/(loss) attributable to The New York Times Company common stockholders	$ 36,002	$ 283	$ 64,676	$ (13,795)
Average number of common shares outstanding:
Basic (in shares)	162,173	161,185	161,798	161,092
Diluted (in shares)	164,405	162,945	164,005	161,092
Basic earnings/(loss) per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations (in usd per share)	$ 0.20	$ 0	$ 0.38	$ (0.05)
Loss from discontinued operations, net of income taxes (in usd per share)	0	0	0	0
Net income/(loss) (in usd per share)	0.20	0	0.38	(0.05)
Diluted earnings/(loss) per share attributable to The New York Times Company common stockholders:
Income/(loss) from continuing operations (in usd per share)	0.20	0	0.37	(0.05)
Loss from discontinued operations, net of income taxes (in usd per share)	0	0	0	0
Net income/(loss) (in usd per share)	0.20	0	0.37	(0.05)
Dividends declared per share (usd per share)	$ 0.08	$ 0.08	$ 0.12	$ 0.12

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 32,329	$ 406	$ 61,109	$ (8,076)
Net income/(loss)	36,002	283	64,676	(13,795)
Other comprehensive income, before tax:
Income on foreign currency translation adjustments	6,099	604	11,170	2,110
Pension and postretirement benefits obligation	6,921	6,552	20,762	19,655
Net unrealized loss on available-for-sale securities	(1,081)	0	(1,081)	0
Other comprehensive income, before tax	11,939	7,156	30,851	21,765
Income tax expense	4,200	2,912	11,557	8,492
Other comprehensive income, net of tax	7,739	4,244	19,294	13,273
Comprehensive income/(loss)	43,741	4,527	83,970	(522)
Comprehensive (income)/loss attributable to the noncontrolling interest	(3,673)	123	(3,567)	5,719
Comprehensive income attributable to The New York Times Company common stockholders	$ 40,068	$ 4,650	$ 80,403	$ 5,197

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016
Cash flows from operating activities
Net income/(loss)	$ 64,676	$ (13,795)
Adjustments to reconcile net income to net cash provided by operating activities:
Restructuring charge	0	14,804
Multiemployer pension plan charges	0	11,701
Depreciation and amortization	46,961	46,003
Stock-based compensation expense	10,927	8,561
Undistributed (gain)/loss of joint ventures	(31,464)	41,845
Long-term retirement benefit obligations	(21,897)	(22,366)
Uncertain tax positions	139	53
Other-net	2,609	8,257
Changes in operating assets and liabilities:
Accounts receivable-net	55,032	54,591
Other assets	(1,761)	(21,926)
Accounts payable, accrued payroll and other liabilities	12,473	(45,546)
Unexpired subscriptions	10,200	3,461
Net cash provided by operating activities	147,895	85,643
Cash flows from investing activities
Purchases of marketable securities	(398,246)	(514,809)
Maturities of marketable securities	454,022	522,655
Cash distribution from corporate-owned life insurance	0	38,000
Business acquisitions	0	(15,410)
Purchase of investments – net of proceeds	(422)	(1,840)
Change in restricted cash	7,014	3,816
Capital expenditures	(47,831)	(21,820)
Other-net	1,070	(380)
Net cash provided by investing activities	15,607	10,212
Long-term obligations:
Repayment of debt and capital lease obligations	(414)	(460)
Dividends paid	(19,483)	(19,416)
Capital shares:
Stock issuances	4,142	273
Repurchases	0	(15,684)
Share-based compensation tax withholding	(3,984)	(9,572)
Net cash used in financing activities	(19,739)	(44,859)
Net increase in cash and cash equivalents	143,763	50,996
Effect of exchange rate changes on cash	212	166
Cash and cash equivalents at the beginning of the period	100,692	105,776
Cash and cash equivalents at the end of the period	$ 244,667	$ 156,938

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 24, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION In the opinion of management of The New York Times Company (the “Company”), the Condensed Consolidated Financial Statements present fairly the financial position of the Company as of September 24, 2017 and December 25, 2016 , and the results of operations and cash flows of the Company for the periods ended September 24, 2017 and September 25, 2016 . The Company and its consolidated subsidiaries are referred to collectively as “we,” “us” or “our.” All adjustments necessary for a fair presentation have been included and are of a normal and recurring nature. All significant intercompany accounts and transactions have been eliminated in consolidation. The financial statements were prepared in accordance with the requirements of the Securities and Exchange Commission (“SEC”) for interim reporting. As permitted under those rules, certain notes or other financial information that are normally required by accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted from these interim financial statements. These financial statements, therefore, should be read in conjunction with the Consolidated Financial Statements and related Notes included in our Annual Report on Form 10-K for the year ended December 25, 2016 . Due to the seasonal nature of our business, operating results for the interim periods are not necessarily indicative of a full year’s operations. The fiscal periods included herein comprise 13 weeks for the third quarter. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in our Condensed Consolidated Financial Statements. Actual results could differ from these estimates.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 24, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Except as described herein, as of September 24, 2017 , our significant accounting policies, which are detailed in our Annual Report on Form 10-K for the year ended December 25, 2016 , have not changed: Marketable Securities We have investments in marketable debt securities. We determine the appropriate classification of our investments at the date of purchase and reevaluate the classifications at the balance sheet date. Marketable debt securities with maturities of 12 months or less are classified as short-term. Marketable debt securities with maturities greater than 12 months are classified as long-term. Historically, we have accounted for all marketable securities as held-to-maturity (“HTM”) and stated at amortized cost as we had the intent and ability to hold our marketable debt securities until maturity. However, on June 29, 2017, our Board of Directors approved a change to the Company’s cash reserve investment policy to allow the Company to sell marketable securities prior to maturity. Beginning in the third quarter of 2017, the Company reclassified all marketable securities from HTM to available-for-sale (“AFS”). Securities that we might not hold until maturity are classified as AFS securities and reported at fair value. Unrealized gains and losses, after applicable income taxes, are reported in accumulated other comprehensive income/(loss). We conduct an other-than-temporary impairment (“OTTI”) analysis on a quarterly basis or more often if a potential loss-triggering event occurs. We consider factors such as the duration, severity and the reason for the decline in value, the potential recovery period and whether we intend to sell. For AFS securities, we also consider whether (i) it is more likely than not that we will be required to sell the debt securities before recovery of their amortized cost basis and (ii) the amortized cost basis cannot be recovered as a result of credit losses. Other As of the second quarter of 2017, the Company has renamed “circulation revenues” as “subscription revenues.” Subscription revenues consist of revenues from subscriptions to our print and digital products (including our news product, as well as Crossword and Cooking products), as well as single-copy sales of our print products (which comprise approximately 10% of these revenues). These revenues are based on both the number of copies of the printed newspaper sold and digital-only subscriptions, and the rates charged to the respective customers. Recently Adopted Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, “Compensation-Stock Compensation,” which provides guidance on accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This guidance became effective for the Company for fiscal years beginning after December 25, 2016. As a result of the adoption of ASU 2016-09 in the first quarter of 2017, we recognized excess tax windfalls in income tax expense rather than additional paid-in capital of $0.1 million and $0.2 million for the quarter and nine months ended September 24, 2017 , respectively. Excess tax shortfalls and/or windfalls for share-based payments are now included in net cash from operating activities rather than net cash from financing activities. The changes have been applied prospectively in accordance with the ASU and prior periods have not been adjusted. Additionally, the presentation of employee taxes paid to taxing authorities for share-based transactions are now included in net cash from financing activities rather than net cash from operating activities. This change was applied retrospectively and as a result, we reclassified $9.6 million for the nine months ended September 25, 2016 in our Condensed Statement of Cash Flows from operating activities to financing activities. No other material changes resulted from the adoption of this standard. Recently Issued Accounting Pronouncements In March 2017, the FASB issued ASU 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The new guidance requires the service cost component to be presented separately from the other components of net benefit costs. Service cost will be presented with other employee compensation cost within operations. The other components of net benefit cost, such as interest cost, amortization of prior service cost and gains or losses are required to be presented outside of operations. The new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The guidance should be applied retrospectively for the presentation of the service cost component in the income statement and allows a practical expedient for the estimation basis for applying the retrospective presentation requirements. Since the changes required in ASU 2017-07 only change the Condensed Consolidated Statements of Operations classification of the components of net periodic benefit cost, no changes are expected to net income. Upon adoption of the ASU during the first quarter of 2018, the Company will separately present the components of net periodic benefit cost or income, excluding the service cost component, in non-operating expenses on a retrospective basis. The historical components of net periodic benefit cost are disclosed in the Company’s previously filed Quarterly Reports on Form 10-Q and its 2016 Annual Report on Form 10-K. In June 2016, FASB issued ASU 2016-13, “Financial Instruments - Credit Losses.” The new guidance introduces an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale (AFS) debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. The new guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. We are currently in the process of evaluating the impact of this guidance on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases,” which provides guidance on accounting for leases and disclosure of key information about leasing arrangements. The guidance requires lessees to recognize the following for all operating and finance leases at the commencement date: (1) a lease liability, which is the obligation to make lease payments arising from a lease, measured on a discounted basis and (2) a right-of-use asset representing the lessee’s right to use, or control the use of, the underlying asset for the lease term. A lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities for short-term leases with a term of 12 months or less. The guidance does not fundamentally change lessor accounting; however, some changes have been made to align that guidance with the lessee guidance and other areas within GAAP. This guidance becomes effective for the Company for fiscal years beginning after December 30, 2018. Early application is permitted. This guidance will be applied on a modified retrospective basis for leases existing at, or entered into after, the earliest period presented in the financial statements. We are currently in the process of evaluating the impact of the new leasing guidance and expect that most of our operating lease commitments will be subject to the new standard. The adoption of the standard will require us to add right-of-use assets and lease liabilities onto our balance sheet. Based upon our initial evaluation, we do not expect the adoption of the standard to have a material effect on our results of operations and liquidity. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities” which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments including requirements to measure most equity investments at fair value with changes in fair value recognized in net income, to perform a qualitative assessment of equity investments without readily determinable fair values, and to separately present financial assets and liabilities by measurement category and by type of financial asset on the balance sheet or the accompanying notes to the financial statements. The new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently in the process of evaluating the impact of this guidance on our consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which prescribes a single comprehensive model for entities to use in the accounting for revenue arising from contracts with customers. The new guidance will supersede virtually all existing revenue guidance under GAAP and International Financial Reporting Standards and is effective for fiscal years beginning after December 31, 2017. There are two transition options available to entities: the full retrospective approach or the modified retrospective approach. Under the full retrospective approach, the Company would restate prior periods in compliance with Accounting Standards Codification 250, “Accounting Changes and Error Corrections.” Alternatively, the Company may elect the modified retrospective approach, which allows for the new revenue standard to be applied to existing contracts as of the effective date with a cumulative catch-up adjustment recorded to retained earnings. We currently anticipate adopting the new standard using the modified retrospective method beginning January 1, 2018. Subsequently, in March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” which clarifies the implementation guidance on principal versus agent considerations in ASU 2014-09. In April 2016, the FASB also issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing,” to reduce the cost and complexity of applying the guidance on identifying promised goods or services when identifying a performance obligation and improve the operability and understandability of the licensing implementation guidance. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow Scope Improvements and Practical Expedients,” to reduce the cost and complexity of applying the guidance to address certain issues on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. The amendments in ASU 2014-09, 2016-10, and 2016-12 do not change the core principle of ASU 2014-09. Based upon our initial evaluation, we do not expect the adoption of ASU 2014-09 to have a material effect on our financial condition or results of operations. While we continue to evaluate the impact of the new revenue guidance, we currently believe that the most significant changes will be primarily related to how we account for certain licensing arrangements in the other revenue category. The Company considers the applicability and impact of all recently issued accounting pronouncements. Recent accounting pronouncements not specifically identified in our disclosures are either not applicable to the Company or are not expected to have a material effect on our financial condition or results of operations.

Marketable Securities

Marketable Securities	9 Months Ended
	Sep. 24, 2017
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	MARKETABLE SECURITIES As noted in Note 2, the Company reclassified all marketable securities from HTM to AFS in the third quarter of 2017, following a change to the Company’s cash reserve investment policy that allows the Company to sell marketable securities prior to maturity. This change resulted in the recording of a $1.1 million net unrealized loss in other comprehensive income. The reclassification of the investment portfolio to AFS was made to provide increased flexibility in the use of our investments to support current operations. The following table presents the amortized cost, gross unrealized gains and losses, and fair market value of our AFS securities as of September 24, 2017 : September 24, 2017 (In thousands) Amortized Cost Gross unrealized gains Gross unrealized losses Fair Value Short-term AFS securities U.S Treasury securities $ 73,220 $ — $ (45 ) $ 73,175 Corporate debt securities 156,683 35 (79 ) 156,639 U.S. governmental agency securities 53,842 1 (89 ) 53,754 Certificates of deposit 20,403 — — 20,403 Commercial paper 32,471 — — 32,471 Total short-term AFS securities $ 336,619 $ 36 $ (213 ) $ 336,442 Long-term AFS securities U.S. governmental agency securities $ 97,431 $ 2 $ (616 ) 96,817 Corporate debt securities 97,583 21 (259 ) 97,345 U.S Treasury securities 47,672 — (52 ) 47,620 Total long-term AFS securities $ 242,686 $ 23 $ (927 ) $ 241,782 The following table represents the AFS securities as of September 24, 2017 that were in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position: September 24, 2017 Less than 12 Months 12 Months or Greater Total (In thousands) Fair Value Gross unrealized losses Fair Value Gross unrealized losses Fair Value Gross unrealized losses Short-term AFS securities U.S Treasury securities $ 73,175 $ (45 ) $ — $ — $ 73,175 $ (45 ) Corporate debt securities 101,648 (77 ) 2,500 (2 ) 104,148 (79 ) U.S. governmental agency securities 42,490 (53 ) 8,964 (36 ) 51,454 (89 ) Total short-term AFS securities $ 217,313 $ (175 ) $ 11,464 $ (38 ) $ 228,777 $ (213 ) Long-term AFS securities U.S. governmental agency securities $ 47,620 $ (312 ) $ — (304 ) $ 47,620 $ (616 ) Corporate debt securities 66,428 (196 ) 8,918 (63 ) 75,346 (259 ) U.S Treasury securities 53,142 (52 ) 39,697 — 92,839 (52 ) Total long-term AFS securities $ 167,190 $ (560 ) $ 48,615 $ (367 ) $ 215,805 $ (927 ) We periodically review our AFS securities for OTTI. See Note 2 for factors we consider when assessing AFS securities for OTTI. As of September 24, 2017 , we did not intend to sell and it was not likely that we would be required to sell these investments before recovery of their amortized cost basis, which may be at maturity. Unrealized losses related to these investments are primarily due to interest rate fluctuations as opposed to changes in credit quality. Therefore, as of September 24, 2017 , we have recognized no OTTI loss. The following table presents the amortized cost of our HTM securities as of December 25, 2016 : December 25, 2016 (In thousands) Amortized Cost Short-term HTM securities (1) U.S Treasury securities $ 150,623 Corporate debt securities 150,599 U.S. governmental agency securities 64,135 Commercial paper 84,178 Total short-term HTM securities $ 449,535 Long-term HTM securities (1) U.S. governmental agency securities $ 110,732 Corporate debt securities 61,775 U.S Treasury securities 14,792 Total long-term HTM securities $ 187,299 (1) All HTM securities were recorded at amortized cost and not adjusted to fair value in accordance with the HTM accounting treatment. As of December 25, 2016, the amortized cost approximated fair value because of the short-term maturity and highly liquid nature of these investments. As of September 24, 2017 , our short-term and long-term marketable securities had remaining maturities of less than 1 month to 12 months and 13 months to 34 months , respectively. See Note 8 for additional information regarding the fair value of our marketable securities.

Goodwill and Intangibles

Goodwill and Intangibles	9 Months Ended
	Sep. 24, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangibles	GOODWILL AND INTANGIBLES In 2016, the Company acquired two digital marketing agencies, HelloSociety, LLC and Fake Love, LLC for an aggregate of $15.4 million in separate all-cash transactions. Also in 2016, the Company acquired Submarine Leisure Club, Inc., which owned the product review and recommendation websites The Wirecutter and The Sweethome, in an all-cash transaction. We paid $25.0 million , including a payment made for a non-compete agreement, and also entered into a consulting agreement and retention agreements that will likely require payments over the three years following the acquisition. The Company allocated the purchase prices for these acquisitions based on the final valuation of assets acquired and liabilities assumed, resulting in allocations to goodwill, intangibles, property, plant and equipment and other miscellaneous assets. The aggregate carrying amount of intangible assets of $8.6 million related to these acquisitions has been included in “Miscellaneous Assets” in our Condensed Consolidated Balance Sheets. The estimated useful lives for these assets range from 3 to 7 years and are amortized on a straight-line basis. The changes in the carrying amount of goodwill as of September 24, 2017 , and since December 25, 2016 , were as follows: (In thousands) Total Company Balance as of December 25, 2016 $ 134,517 Measurement period adjustment (1) (198 ) Foreign currency translation 8,852 Balance as of September 24, 2017 $ 143,171 (1) Includes measurement period adjustment in connection with the Submarine Leisure Club, Inc. acquisition. The foreign currency translation line item reflects changes in goodwill resulting from fluctuating exchange rates related to the consolidation of certain international subsidiaries.

Investments

Investments	9 Months Ended
	Sep. 24, 2017
Investments, Debt and Equity Securities [Abstract]
Investments	INVESTMENTS Equity Method Investments As of September 24, 2017 , our investments in joint ventures totaled $20.5 million and we had equity ownership interests in the following entities: Company Approximate % Ownership Donohue Malbaie Inc. 49 % Madison Paper Industries 40 % We have investments in Donohue Malbaie Inc. (“Malbaie”), a Canadian newsprint company, and Madison Paper Industries (“Madison”), a partnership that previously operated a supercalendered paper mill in Maine. In the third quarter of 2017 , we sold our 30% ownership in Women in the World Media, LLC, a live event conference business, for a nominal amount. The Company and UPM-Kymmene Corporation (“UPM”), a Finnish paper manufacturing company, are partners through subsidiary companies in Madison. The Company’s 40% ownership of Madison is through an 80% -owned consolidated subsidiary which owns 50% of Madison. UPM owns 60% of Madison, including a 10% interest through a 20% noncontrolling interest in the consolidated subsidiary of the Company. The paper mill was closed in May 2016. During the first quarter of 2016, we recognized a $41.4 million loss from joint ventures related to the closure. The Company’s proportionate share of the loss was $20.1 million after tax and net of noncontrolling interest. As a result of the mill closure, we wrote our investment down to zero . The Company’s joint venture in Madison is currently being liquidated. In the fourth quarter of 2016, Madison sold certain assets at the mill site and we recognized a gain of $3.9 million related to the sale. In the third quarter of 2017 , Madison sold the remaining assets at the mill site (which primarily consisted of hydro power assets), and the Company recognized a gain of $30.1 million related to this sale. The Company’s proportionate share of the gain was $16.1 million after tax and net of noncontrolling interest. The following table presents summarized income statement information for Madison, which follows a calendar year: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2017 September 30, 2016 September 30, 2017 September 30, 2016 Revenues $ — $ — $ — $ 40,523 Expenses: Cost of sales (105 ) (1,450 ) (1,277 ) (68,039 ) General and administrative income/(expense) and other 60,216 (566 ) 59,662 (66,056 ) Total costs and expenses 60,111 (2,016 ) 58,385 (134,095 ) Operating income/(loss) 60,111 (2,016 ) 58,385 (93,572 ) Other (expense)/income (1 ) 2 (7 ) 4 Net income/(loss) $ 60,110 $ (2,014 ) $ 58,378 $ (93,568 ) We received no distributions from our equity method investments during the quarters and nine months ended September 24, 2017 and September 25, 2016 . We purchase newsprint from Malbaie, and previously purchased supercalendered paper from Madison, at competitive prices. These purchases totaled $2.3 million and $3.7 million for the third quarters ended September 24, 2017 , and September 25, 2016 , respectively, and $ 7.7 million and $10.3 million for the nine-month periods ended September 24, 2017 , and September 25, 2016 , respectively. Cost Method Investments The aggregate carrying amounts of cost method investments included in “Miscellaneous assets’’ in our Condensed Consolidated Balance Sheets were $14.0 million and $13.6 million for September 24, 2017 and December 25, 2016 , respectively.

Debt Obligations

Debt Obligations	9 Months Ended
	Sep. 24, 2017
Debt Disclosure [Abstract]
Debt Obligations	DEBT OBLIGATIONS Our indebtedness consisted of the repurchase option related to a sale-leaseback of a portion of our New York headquarters. Our total debt and capital lease obligations consisted of the following: (In thousands) September 24, 2017 December 25, 2016 Option to repurchase ownership interest in headquarters building in 2019: Principal amount $ 250,000 $ 250,000 Less unamortized discount based on imputed interest rate of 13.0% 7,423 9,801 Total option to repurchase ownership interest in headquarters building in 2019 242,577 240,199 Capital lease obligations 6,798 6,779 Total long-term debt and capital lease obligations $ 249,375 $ 246,978 See Note 8 for additional information regarding the fair value of our long-term debt. “Interest expense, net,” as shown in the accompanying Condensed Consolidated Statements of Operations was as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 24, 2017 September 25, 2016 September 24, 2017 September 25, 2016 Interest expense $ 6,956 $ 10,022 $ 20,775 $ 29,964 Amortization of debt costs and discount on debt 801 1,226 2,379 3,670 Capitalized interest (345 ) (131 ) (852 ) (412 ) Interest income (2,752 ) (2,085 ) (7,184 ) (6,267 ) Total interest expense, net $ 4,660 $ 9,032 $ 15,118 $ 26,955

Other

Other	9 Months Ended
	Sep. 24, 2017
Other Income and Expenses [Abstract]
Other	OTHER Advertising Expenses Advertising expenses incurred to promote our brand, subscription products and marketing services were $26.6 million and $22.3 million in the third quarters of 2017 and 2016 , respectively, and $86.0 million and $63.6 million in the first nine months of 2017 and 2016 , respectively. Capitalized Computer Software Costs Amortization of capitalized computer software costs included in “Depreciation and amortization” in our Condensed Consolidated Statements of Operations were $4.0 million and $2.8 million in the third quarters of 2017 and 2016 , respectively, and $9.7 million and $8.5 million in the first nine months of 2017 and 2016 , respectively. Headquarters Redesign and Consolidation In December 2016, we announced plans to redesign our headquarters building, consolidate our space within a smaller number of floors and lease the additional floors to third parties. These changes are expected to generate additional rental income and result in a more collaborative workspace. We incurred $2.5 million and $6.9 million of total costs related to these measures in the third quarter and first nine months of 2017 , respectively. The capital expenditures related to these measures were approximately $26 million and $37 million in the third quarter and the first nine months of 2017 , respectively. Severance Costs On May 31, 2017, we announced certain measures in our newsroom designed to streamline our editing process and allow us to make further investments in the newsroom. These measures resulted in a workforce reduction primarily affecting our newsroom. We recognized severance costs of $2.1 million in the third quarter of 2017 and $23.0 million in the first nine months of 2017, substantially all of which were related to this workforce reduction. We recognized severance costs of $13.0 million in the third quarter of 2016 and $18.3 million in the first nine months of 2016 . These costs are recorded in “Selling, general and administrative costs” in our Condensed Consolidated Statements of Operations. Additionally, during the second quarter of 2016, we announced certain measures to streamline our international print operations and support future growth efforts. These measures included a redesign of our international print newspaper and the relocation of certain editing and production operations conducted in Paris to our locations in Hong Kong and New York. During the third and second quarters of 2016, we incurred $2.9 million and $11.9 million , respectively, of total costs related to the measures, primarily related to relocation and severance charges. These costs were recorded in “Restructuring charge” in our Condensed Consolidated Statements of Operations. We had a severance liability of $25.2 million and $23.2 million included in “Accrued expenses and other” in our Condensed Consolidated Balance Sheets as of September 24, 2017 , and December 25, 2016 , respectively. We anticipate most of the expenditures will be recognized within the next twelve months.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 24, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Fair value is the price that would be received upon the sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date. The transaction would be in the principal or most advantageous market for the asset or liability, based on assumptions that a market participant would use in pricing the asset or liability. The fair value hierarchy consists of three levels: Level 1–quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; Level 2–inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3–unobservable inputs for the asset or liability. Assets/Liabilities Measured and Recorded at Fair Value on a Recurring Basis The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of September 24, 2017 , and December 25, 2016 : (In thousands) September 24, 2017 December 25, 2016 (3) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) U.S Treasury securities $ 73,175 $ — $ 73,175 $ — $ — $ — $ — $ — Corporate debt securities 156,639 — 156,639 — — — — — U.S. governmental agency securities 53,754 — 53,754 — — — — — Certificates of deposit 20,403 — 20,403 — — — — — Commercial paper 32,471 — 32,471 — — — — — Total short-term AFS securities $ 336,442 $ — $ 336,442 $ — $ — $ — $ — $ — Long-term AFS securities (1) U.S. governmental agency securities $ 96,817 $ — $ 96,817 $ — $ — $ — $ — $ — Corporate debt securities 97,345 — 97,345 — — — — — U.S Treasury securities 47,620 — 47,620 — — — — — Total long-term AFS securities $ 241,782 $ — $ 241,782 $ — $ — $ — $ — $ — Liabilities: Deferred compensation (2) $ 28,354 $ 28,354 $ — $ — $ 31,006 $ 31,006 $ — $ — (1) Our marketable securities, which include U.S. Treasury securities, corporate debt securities, U.S. government agency securities, municipal securities, certificates of deposit and commercial paper, are recorded at fair value (see Note 3). We classified these investments as Level 2 since the fair value is based on market observable inputs for investments with similar terms and maturities. (2) The deferred compensation liability, included in “Other liabilities—Other” in our Condensed Consolidated Balance Sheets, consists of deferrals under The New York Times Company Deferred Executive Compensation Plan (the “DEC”), which enables certain eligible executives to elect to defer a portion of their compensation on a pre-tax basis. The deferred amounts are invested at the executives’ option in various mutual funds. The fair value of deferred compensation is based on the mutual fund investments elected by the executives and on quoted prices in active markets for identical assets. Participation in the DEC was frozen effective December 31, 2015. (3) As noted in Note 2, in the third quarter of 2017, we reclassified our marketable securities from HTM to AFS. Prior to being classified as AFS, the securities were recorded at amortized cost and not adjusted to fair value in accordance with the HTM accounting treatment. Financial Instruments Disclosed, But Not Reported, at Fair Value The carrying value of our long-term debt was approximately $243 million as of September 24, 2017 and approximately $240 million as of December 25, 2016 . The fair value of our long-term debt was approximately $281 million and $298 million as of September 24, 2017 and December 25, 2016 , respectively. We estimate the fair value of our debt utilizing market quotations for debt that have quoted prices in active markets. Since our debt does not trade on a daily basis in an active market, the fair value estimates are based on market observable inputs based on borrowing rates currently available for debt with similar terms and average maturities (Level 2).

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	9 Months Ended
	Sep. 24, 2017
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefits	PENSION AND OTHER POSTRETIREMENT BENEFITS Pension Single-Employer Plans We sponsor several single-employer defined benefit pension plans, the majority of which have been frozen. We also participate in two joint Company and Guild-sponsored defined benefit pension plans covering employees who are members of The NewsGuild of New York, including The Newspaper Guild of New York - The New York Times Pension Fund, which was frozen in 2012 and replaced by a successor plan, The Guild-Times Adjustable Pension Plan. The components of net periodic pension cost were as follows: For the Quarters Ended September 24, 2017 September 25, 2016 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 2,423 $ — $ 2,423 $ 2,248 $ — $ 2,248 Interest cost 15,596 1,956 17,552 16,573 2,034 18,607 Expected return on plan assets (26,136 ) — (26,136 ) (27,790 ) — (27,790 ) Amortization of actuarial loss 7,351 1,088 8,439 7,069 1,054 8,123 Amortization of prior service credit (486 ) — (486 ) (487 ) — (487 ) Net periodic pension (income)/cost $ (1,252 ) $ 3,044 $ 1,792 $ (2,387 ) $ 3,088 $ 701 For the Nine Months Ended September 24, 2017 September 25, 2016 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 7,269 $ — $ 7,269 $ 6,743 $ — $ 6,743 Interest cost 46,784 5,868 52,652 49,720 6,102 55,822 Expected return on plan assets (78,408 ) — (78,408 ) (83,369 ) — (83,369 ) Amortization of actuarial loss 22,057 3,264 25,321 21,206 3,160 24,366 Amortization of prior service credit (1,458 ) — (1,458 ) (1,459 ) — (1,459 ) Net periodic pension (income)/cost $ (3,756 ) $ 9,132 $ 5,376 $ (7,159 ) $ 9,262 $ 2,103 During the first nine months of 2017 and 2016 , we made pension contributions of $5.9 million and $6.0 million , respectively, to certain qualified pension plans. As part of our continued effort to reduce the size and volatility of our pension obligations, in October 2017, the Company entered into agreements with an insurance company to transfer future benefit obligations and annuity administration for certain retirees (or their beneficiaries) in two of the Company’s qualified pension plans. Additionally, as part of our management of the funded status of our qualified pension plans, in October 2017, the Company made a $100 million aggregate contribution to these pension plans, which was funded by cash on hand. See Note 15 for additional information. Multiemployer Plans During the third quarter of 2016 , we received $5.0 million in connection with an arbitration matter related to a multiemployer pension plan. In the second quarter of 2016 , we recorded a charge of $11.7 million related to partial withdrawal obligation under a multiemployer pension plan in connection with the same arbitration matter. See Note 14 for additional information with respect to the arbitration. Other Postretirement Benefits The components of net periodic postretirement benefit income were as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 24, 2017 September 25, 2016 September 24, 2017 September 25, 2016 Service cost $ 92 $ 104 $ 276 $ 313 Interest cost 470 495 1,410 1,485 Amortization of actuarial loss 905 1,026 2,715 3,078 Amortization of prior service credit (1,939 ) (2,110 ) (5,816 ) (6,330 ) Net periodic postretirement benefit income $ (472 ) $ (485 ) $ (1,415 ) $ (1,454 )

Income Taxes

Income Taxes	9 Months Ended
	Sep. 24, 2017
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company had income tax expense of $23.4 million and $40.9 million in the third quarter and first nine months of 2017 , respectively. The Company had income tax expense of $0.1 million in the third quarter of 2016 and an income tax benefit of $9.0 million in the first nine months of 2016 . The increase in income tax expense was primarily due to higher income from continuing operations in the third quarter and first nine months of 2017 . The Company’s effective tax rates from continuing operations were 39.1% and 38.5% for the third quarter and first nine months of 2017, respectively. The Company’s effective tax rates from continuing operations were 30.0% and 39.4% for the third quarter and first nine months of 2016, respectively. The higher effective tax rate in the third quarter of 2017 was primarily due to higher income from continuing operations compared with the same period prior year.

Earnings_(Loss) Per Share

Earnings/(Loss) Per Share	9 Months Ended
	Sep. 24, 2017
Earnings Per Share [Abstract]
Earnings/(Loss) Per Share	EARNINGS/(LOSS) PER SHARE We compute earnings/(loss) per share using a two-class method, an earnings allocation method used when a company’s capital structure includes either two or more classes of common stock or common stock and participating securities. This method determines earnings/(loss) per share based on dividends declared on common stock and participating securities (i.e., distributed earnings), as well as participation rights of participating securities in any undistributed earnings. Earnings/(loss) per share is computed using both basic shares and diluted shares. The difference between basic and diluted shares is that diluted shares include the dilutive effect of the assumed exercise of outstanding securities. Our stock options, stock-settled long-term performance awards and restricted stock units could have a significant impact on diluted shares. Securities that could potentially be dilutive are excluded from the computation of diluted earnings per share when a loss from continuing operations exists or when the exercise price exceeds the market value of our Class A Common Stock, because their inclusion would result in an anti-dilutive effect on per share amounts. The number of stock options excluded from the computation of diluted earnings per share because they were anti-dilutive was approximately 2 million in the third quarter and first nine months of 2017 , respectively, and approximately 5 million and 6 million in the third quarter and first nine months of 2016 , respectively. There were no anti-dilutive stock-settled long-term performance awards and restricted stock units excluded from the computation of diluted earnings per share in the third quarter of 2017 or first nine months of 2017 and 2016 . The number of stock-settled long-term performance awards and restricted stock units excluded from the computation of diluted earnings per share because they were anti-dilutive was approximately 2 million in the third quarter of 2016 .

Supplemental Stockholders' Equi

Supplemental Stockholders' Equity Information	9 Months Ended
	Sep. 24, 2017
Equity [Abstract]
Supplemental Stockholders' Equity Information	SUPPLEMENTAL STOCKHOLDERS’ EQUITY INFORMATION Stockholders’ equity is summarized as follows: (In thousands) Total New York Times Company Stockholders’ Equity Noncontrolling Interest Total Stockholders’ Equity Balance as of December 25, 2016 $ 847,815 $ (3,571 ) $ 844,244 Net income 61,109 3,567 64,676 Other comprehensive income, net of tax 19,294 — 19,294 Effect of issuance of shares 158 — 158 Dividends declared (19,543 ) — (19,543 ) Stock-based compensation 9,845 — 9,845 Balance as of September 24, 2017 $ 918,678 $ (4 ) $ 918,674 (In thousands) Total New York Times Company Stockholders’ Equity Noncontrolling Interest Total Stockholders’ Equity Balance as of December 27, 2015 $ 826,751 $ 1,704 $ 828,455 Net loss (8,076 ) (5,719 ) (13,795 ) Other comprehensive income, net of tax 13,273 — 13,273 Effect of issuance of shares (9,298 ) — (9,298 ) Share repurchases (15,056 ) — (15,056 ) Dividends declared (19,414 ) — (19,414 ) Stock-based compensation 9,006 — 9,006 Balance as of September 25, 2016 $ 797,186 $ (4,015 ) $ 793,171 On January 14, 2015, the Board of Directors approved an authorization of $101.1 million to repurchase shares of the Company’s Class A Common Stock. The Company did not repurchase any shares during the third quarter of 2017. As of September 24, 2017 , the Company had repurchased 6,690,905 Class A shares under this authorization for a cost of $84.9 million (excluding commissions) and $16.2 million remained. All purchases were made pursuant to our publicly announced share repurchase program. Our Board of Directors has authorized us to purchase shares under this authorization from time to time, subject to market conditions and other factors. There is no expiration date with respect to this authorization. The following table summarizes the changes in accumulated other comprehensive income (“AOCI”) by component as of September 24, 2017 : (In thousands) Foreign Currency Translation Adjustments Funded Status of Benefit Plans Net unrealized Loss on available-for-sale Securities Total Accumulated Other Comprehensive Loss Balance as of December 25, 2016 $ (1,822 ) $ (477,994 ) — $ (479,816 ) Other comprehensive income (loss) before reclassifications, before tax (1) 11,170 — (1,081 ) 10,089 Amounts reclassified from accumulated other comprehensive loss, before tax (1) — 20,762 — 20,762 Income tax expense (benefit) (1) 3,777 8,208 (428 ) 11,557 Net current-period other comprehensive income, net of tax 7,393 12,554 (653 ) 19,294 Balance as of September 24, 2017 $ 5,571 $ (465,440 ) (653 ) $ (460,522 ) (1) All amounts are shown net of noncontrolling interest. The following table summarizes the reclassifications from AOCI for the nine months ended September 24, 2017 : (In thousands) Detail about accumulated other comprehensive loss components Amounts reclassified from accumulated other comprehensive loss Affects line item in the statement where net income is presented Funded status of benefit plans: Amortization of prior service credit (1) $ (7,274 ) Selling, general & administrative costs Amortization of actuarial loss (1) 28,036 Selling, general & administrative costs Total reclassification, before tax (2) 20,762 Income tax expense 8,208 Income tax expense Total reclassification, net of tax $ 12,554 (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and other retirement benefits. See Note 9 for additional information. (2) There were no reclassifications relating to noncontrolling interest for the nine months ended September 24, 2017 .

Segment Information

Segment Information	9 Months Ended
	Sep. 24, 2017
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION We have one reportable segment that includes The New York Times, NYTimes.com and related businesses. Therefore, all required segment information can be found in the Condensed Consolidated Financial Statements. Our operating segment generated revenues principally from subscriptions and advertising. Other revenues consist primarily of revenues from news services/syndication, digital archives, building rental income, NYT Live (our live events business), e-commerce and affiliate referrals.

Contingent Liabilities

Contingent Liabilities	9 Months Ended
	Sep. 24, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	CONTINGENT LIABILITIES Restricted Cash We were required to maintain $17.9 million and $24.9 million of restricted cash as of September 24, 2017 and December 25, 2016 , respectively, the majority of which is set aside to collateralize workers’ compensation obligations. The decrease reflects the settlement of certain litigation described below. Newspaper and Mail Deliverers–Publishers’ Pension Fund In September 2013, the Newspaper and Mail Deliverers-Publishers’ Pension Fund (the “NMDU Fund”) assessed a partial withdrawal liability against the Company in the amount of approximately $26 million for the plan years ending May 31, 2012 and 2013 (the “Initial Assessment”), an amount that was increased to approximately $34 million in December 2014, when the NMDU Fund issued a revised partial withdrawal liability assessment for the plan year ending May 31, 2013 (the “Revised Assessment”). The NMDU Fund claimed that when City & Suburban Delivery Systems, Inc., a retail and newsstand distribution subsidiary of the Company and the largest contributor to the NMDU Fund, ceased operations in 2009, it triggered a decline of more than 70% in contribution base units in each of these two plan years. The Company disagreed with both the NMDU Fund’s determination that a partial withdrawal occurred and the methodology by which it calculated the withdrawal liability, and the parties engaged in arbitration proceedings to resolve the matter. In June 2016, the arbitrator issued an interim award and opinion that supported the NMDU Fund’s determination that a partial withdrawal had occurred, and concluded that the methodology used to calculate the Initial Assessment was correct. However, the arbitrator also concluded that the NMDU Fund’s calculation of the Revised Assessment was incorrect. In July 2017, the arbitrator issued a final award and opinion reflecting the same conclusions, which the Company has appealed. Due to requirements of the Employee Retirement Income Security Act of 1974 that sponsors make payments demanded by plans during arbitration and any resultant appeals, the Company had been making payments to the NMDU fund since September 2013 relating to the Initial Assessment and February 2015 relating to the Revised Assessment based on the NMDU Fund’s demand. As a result, as of September 24, 2017 , we have paid $14.4 million relating to the Initial Assessment since the receipt of the initial demand letter. We also paid $5.0 million related to the Revised Assessment, which was refunded in July 2016 based on the arbitrator’s ruling. The Company recognized $0.1 million and $0.3 million of expense for the third quarter and nine months ended September 24, 2017 , respectively. The Company recognized $4.5 million income (inclusive of a special item of $5.0 million ) and $10.6 million of expense (inclusive of a special item of $6.7 million ) for the third quarter and nine months ended September 25, 2016 , respectively. The Company had a liability of $7.3 million as of September 24, 2017 , related to this matter. Management believes it is reasonably possible that the total loss in this matter could exceed the liability established by a range of zero to approximately $10 million . NEMG T&G, Inc. The Company was involved in class action litigation brought on behalf of individuals who, from 2006 to 2011, delivered newspapers at NEMG T&G, Inc., a subsidiary of the Company (“T&G”). T&G was a part of the New England Media Group, which the Company sold in 2013. The plaintiffs asserted several claims against T&G, including a challenge to their classification as independent contractors, and sought unspecified damages. In December 2016, the Company reached a settlement with respect to the claims, which was approved by the court in May 2017. As a result of the settlement, the Company recorded charges of $3.7 million ( $2.3 million after tax) in the fourth quarter of 2016 and $0.8 million ( $0.5 million after tax) in the third quarter of 2017 within discontinued operations. Other We are involved in various legal actions incidental to our business that are now pending against us. These actions are generally for amounts greatly in excess of the payments, if any, that may be required to be made. Although the Company cannot predict the outcome of these matters, it is possible that an unfavorable outcome in one or more matters could be material to the Company’s consolidated results of operations or cash flows for an individual reporting period. However, based on currently available information, management does not believe that the ultimate resolution of these matters, individually or in the aggregate, is likely to have a material effect on the Company’s financial position.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 24, 2017
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Transfer of Certain Pension Obligations On October 18, 2017, the Company entered into agreements with Massachusetts Mutual Life Insurance Company (“MassMutual”) relating to The New York Times Companies Pension Plan and The Retirement Annuity Plan for Craft Employees of The New York Times Company (collectively, the “Pension Plans”). Under the agreements, the Company will purchase from MassMutual group annuity contracts with respect to the Pension Plans and transfer to MassMutual the future benefit obligations and annuity administration for approximately 3,800 retirees (or their beneficiaries). The pension benefit obligations and annuity administration for these transferred participants will be transferred to MassMutual and MassMutual will irrevocably guarantee the pension benefits for these participants. This arrangement is part of the Company’s continued effort to reduce the overall size and volatility of our pension plan obligations, as well as the premiums and other administrative costs related thereto. By transferring these obligations to MassMutual, the Company expects to reduce its qualified pension plan obligations by approximately $225 million . The purchase of the group annuity contracts is being funded through existing assets of the Pension Plans’ respective trusts. As a result of this arrangement, the Company expects to recognize a pension settlement charge of approximately $95 million before tax in the fourth quarter of 2017. This charge represents the acceleration of deferred charges currently accrued in AOCI. Discretionary Pension Contribution On October 20, 2017, the Company made a $100 million aggregate discretionary contribution to the Pension Plans as part of the Company’s management of the funded status of these plans.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 24, 2017
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, “Compensation-Stock Compensation,” which provides guidance on accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This guidance became effective for the Company for fiscal years beginning after December 25, 2016. As a result of the adoption of ASU 2016-09 in the first quarter of 2017, we recognized excess tax windfalls in income tax expense rather than additional paid-in capital of $0.1 million and $0.2 million for the quarter and nine months ended September 24, 2017 , respectively. Excess tax shortfalls and/or windfalls for share-based payments are now included in net cash from operating activities rather than net cash from financing activities. The changes have been applied prospectively in accordance with the ASU and prior periods have not been adjusted. Additionally, the presentation of employee taxes paid to taxing authorities for share-based transactions are now included in net cash from financing activities rather than net cash from operating activities. This change was applied retrospectively and as a result, we reclassified $9.6 million for the nine months ended September 25, 2016 in our Condensed Statement of Cash Flows from operating activities to financing activities. No other material changes resulted from the adoption of this standard. Recently Issued Accounting Pronouncements In March 2017, the FASB issued ASU 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The new guidance requires the service cost component to be presented separately from the other components of net benefit costs. Service cost will be presented with other employee compensation cost within operations. The other components of net benefit cost, such as interest cost, amortization of prior service cost and gains or losses are required to be presented outside of operations. The new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The guidance should be applied retrospectively for the presentation of the service cost component in the income statement and allows a practical expedient for the estimation basis for applying the retrospective presentation requirements. Since the changes required in ASU 2017-07 only change the Condensed Consolidated Statements of Operations classification of the components of net periodic benefit cost, no changes are expected to net income. Upon adoption of the ASU during the first quarter of 2018, the Company will separately present the components of net periodic benefit cost or income, excluding the service cost component, in non-operating expenses on a retrospective basis. The historical components of net periodic benefit cost are disclosed in the Company’s previously filed Quarterly Reports on Form 10-Q and its 2016 Annual Report on Form 10-K. In June 2016, FASB issued ASU 2016-13, “Financial Instruments - Credit Losses.” The new guidance introduces an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale (AFS) debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. The new guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. We are currently in the process of evaluating the impact of this guidance on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases,” which provides guidance on accounting for leases and disclosure of key information about leasing arrangements. The guidance requires lessees to recognize the following for all operating and finance leases at the commencement date: (1) a lease liability, which is the obligation to make lease payments arising from a lease, measured on a discounted basis and (2) a right-of-use asset representing the lessee’s right to use, or control the use of, the underlying asset for the lease term. A lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities for short-term leases with a term of 12 months or less. The guidance does not fundamentally change lessor accounting; however, some changes have been made to align that guidance with the lessee guidance and other areas within GAAP. This guidance becomes effective for the Company for fiscal years beginning after December 30, 2018. Early application is permitted. This guidance will be applied on a modified retrospective basis for leases existing at, or entered into after, the earliest period presented in the financial statements. We are currently in the process of evaluating the impact of the new leasing guidance and expect that most of our operating lease commitments will be subject to the new standard. The adoption of the standard will require us to add right-of-use assets and lease liabilities onto our balance sheet. Based upon our initial evaluation, we do not expect the adoption of the standard to have a material effect on our results of operations and liquidity. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities” which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments including requirements to measure most equity investments at fair value with changes in fair value recognized in net income, to perform a qualitative assessment of equity investments without readily determinable fair values, and to separately present financial assets and liabilities by measurement category and by type of financial asset on the balance sheet or the accompanying notes to the financial statements. The new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently in the process of evaluating the impact of this guidance on our consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which prescribes a single comprehensive model for entities to use in the accounting for revenue arising from contracts with customers. The new guidance will supersede virtually all existing revenue guidance under GAAP and International Financial Reporting Standards and is effective for fiscal years beginning after December 31, 2017. There are two transition options available to entities: the full retrospective approach or the modified retrospective approach. Under the full retrospective approach, the Company would restate prior periods in compliance with Accounting Standards Codification 250, “Accounting Changes and Error Corrections.” Alternatively, the Company may elect the modified retrospective approach, which allows for the new revenue standard to be applied to existing contracts as of the effective date with a cumulative catch-up adjustment recorded to retained earnings. We currently anticipate adopting the new standard using the modified retrospective method beginning January 1, 2018. Subsequently, in March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” which clarifies the implementation guidance on principal versus agent considerations in ASU 2014-09. In April 2016, the FASB also issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing,” to reduce the cost and complexity of applying the guidance on identifying promised goods or services when identifying a performance obligation and improve the operability and understandability of the licensing implementation guidance. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow Scope Improvements and Practical Expedients,” to reduce the cost and complexity of applying the guidance to address certain issues on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. The amendments in ASU 2014-09, 2016-10, and 2016-12 do not change the core principle of ASU 2014-09. Based upon our initial evaluation, we do not expect the adoption of ASU 2014-09 to have a material effect on our financial condition or results of operations. While we continue to evaluate the impact of the new revenue guidance, we currently believe that the most significant changes will be primarily related to how we account for certain licensing arrangements in the other revenue category. The Company considers the applicability and impact of all recently issued accounting pronouncements. Recent accounting pronouncements not specifically identified in our disclosures are either not applicable to the Company or are not expected to have a material effect on our financial condition or results of operations.

Marketable Securities (Tables)

Marketable Securities (Tables)	9 Months Ended
	Sep. 24, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Market Value of AFS Securities	The following table presents the amortized cost, gross unrealized gains and losses, and fair market value of our AFS securities as of September 24, 2017 : September 24, 2017 (In thousands) Amortized Cost Gross unrealized gains Gross unrealized losses Fair Value Short-term AFS securities U.S Treasury securities $ 73,220 $ — $ (45 ) $ 73,175 Corporate debt securities 156,683 35 (79 ) 156,639 U.S. governmental agency securities 53,842 1 (89 ) 53,754 Certificates of deposit 20,403 — — 20,403 Commercial paper 32,471 — — 32,471 Total short-term AFS securities $ 336,619 $ 36 $ (213 ) $ 336,442 Long-term AFS securities U.S. governmental agency securities $ 97,431 $ 2 $ (616 ) 96,817 Corporate debt securities 97,583 21 (259 ) 97,345 U.S Treasury securities 47,672 — (52 ) 47,620 Total long-term AFS securities $ 242,686 $ 23 $ (927 ) $ 241,782
Schedule of AFS Securities in Unrealized Loss Position	The following table represents the AFS securities as of September 24, 2017 that were in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position: September 24, 2017 Less than 12 Months 12 Months or Greater Total (In thousands) Fair Value Gross unrealized losses Fair Value Gross unrealized losses Fair Value Gross unrealized losses Short-term AFS securities U.S Treasury securities $ 73,175 $ (45 ) $ — $ — $ 73,175 $ (45 ) Corporate debt securities 101,648 (77 ) 2,500 (2 ) 104,148 (79 ) U.S. governmental agency securities 42,490 (53 ) 8,964 (36 ) 51,454 (89 ) Total short-term AFS securities $ 217,313 $ (175 ) $ 11,464 $ (38 ) $ 228,777 $ (213 ) Long-term AFS securities U.S. governmental agency securities $ 47,620 $ (312 ) $ — (304 ) $ 47,620 $ (616 ) Corporate debt securities 66,428 (196 ) 8,918 (63 ) 75,346 (259 ) U.S Treasury securities 53,142 (52 ) 39,697 — 92,839 (52 ) Total long-term AFS securities $ 167,190 $ (560 ) $ 48,615 $ (367 ) $ 215,805 $ (927 )
Schedule of Amortized Cost of HTM Securities	The following table presents the amortized cost of our HTM securities as of December 25, 2016 : December 25, 2016 (In thousands) Amortized Cost Short-term HTM securities (1) U.S Treasury securities $ 150,623 Corporate debt securities 150,599 U.S. governmental agency securities 64,135 Commercial paper 84,178 Total short-term HTM securities $ 449,535 Long-term HTM securities (1) U.S. governmental agency securities $ 110,732 Corporate debt securities 61,775 U.S Treasury securities 14,792 Total long-term HTM securities $ 187,299 (1) All HTM securities were recorded at amortized cost and not adjusted to fair value in accordance with the HTM accounting treatment.

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	9 Months Ended
	Sep. 24, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill Balances	The changes in the carrying amount of goodwill as of September 24, 2017 , and since December 25, 2016 , were as follows: (In thousands) Total Company Balance as of December 25, 2016 $ 134,517 Measurement period adjustment (1) (198 ) Foreign currency translation 8,852 Balance as of September 24, 2017 $ 143,171 (1) Includes measurement period adjustment in connection with the Submarine Leisure Club, Inc. acquisition.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 24, 2017
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Ownership Interests and Summarized Income Statement Information	As of September 24, 2017 , our investments in joint ventures totaled $20.5 million and we had equity ownership interests in the following entities: Company Approximate % Ownership Donohue Malbaie Inc. 49 % Madison Paper Industries 40 %
Madison Paper Industries
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Ownership Interests and Summarized Income Statement Information	The following table presents summarized income statement information for Madison, which follows a calendar year: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2017 September 30, 2016 September 30, 2017 September 30, 2016 Revenues $ — $ — $ — $ 40,523 Expenses: Cost of sales (105 ) (1,450 ) (1,277 ) (68,039 ) General and administrative income/(expense) and other 60,216 (566 ) 59,662 (66,056 ) Total costs and expenses 60,111 (2,016 ) 58,385 (134,095 ) Operating income/(loss) 60,111 (2,016 ) 58,385 (93,572 ) Other (expense)/income (1 ) 2 (7 ) 4 Net income/(loss) $ 60,110 $ (2,014 ) $ 58,378 $ (93,568 )

Debt Obligations (Tables)

Debt Obligations (Tables)	9 Months Ended
	Sep. 24, 2017
Debt Disclosure [Abstract]
Schedule of Debt and Capital Lease Obligations	Our total debt and capital lease obligations consisted of the following: (In thousands) September 24, 2017 December 25, 2016 Option to repurchase ownership interest in headquarters building in 2019: Principal amount $ 250,000 $ 250,000 Less unamortized discount based on imputed interest rate of 13.0% 7,423 9,801 Total option to repurchase ownership interest in headquarters building in 2019 242,577 240,199 Capital lease obligations 6,798 6,779 Total long-term debt and capital lease obligations $ 249,375 $ 246,978
Schedule of Components of Interest Expense, Net	“Interest expense, net,” as shown in the accompanying Condensed Consolidated Statements of Operations was as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 24, 2017 September 25, 2016 September 24, 2017 September 25, 2016 Interest expense $ 6,956 $ 10,022 $ 20,775 $ 29,964 Amortization of debt costs and discount on debt 801 1,226 2,379 3,670 Capitalized interest (345 ) (131 ) (852 ) (412 ) Interest income (2,752 ) (2,085 ) (7,184 ) (6,267 ) Total interest expense, net $ 4,660 $ 9,032 $ 15,118 $ 26,955

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 24, 2017
Fair Value Disclosures [Abstract]
Schedule of Financial Liabilities Measured at Fair Value on a Recurring Basis	The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of September 24, 2017 , and December 25, 2016 : (In thousands) September 24, 2017 December 25, 2016 (3) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) U.S Treasury securities $ 73,175 $ — $ 73,175 $ — $ — $ — $ — $ — Corporate debt securities 156,639 — 156,639 — — — — — U.S. governmental agency securities 53,754 — 53,754 — — — — — Certificates of deposit 20,403 — 20,403 — — — — — Commercial paper 32,471 — 32,471 — — — — — Total short-term AFS securities $ 336,442 $ — $ 336,442 $ — $ — $ — $ — $ — Long-term AFS securities (1) U.S. governmental agency securities $ 96,817 $ — $ 96,817 $ — $ — $ — $ — $ — Corporate debt securities 97,345 — 97,345 — — — — — U.S Treasury securities 47,620 — 47,620 — — — — — Total long-term AFS securities $ 241,782 $ — $ 241,782 $ — $ — $ — $ — $ — Liabilities: Deferred compensation (2) $ 28,354 $ 28,354 $ — $ — $ 31,006 $ 31,006 $ — $ — (1) Our marketable securities, which include U.S. Treasury securities, corporate debt securities, U.S. government agency securities, municipal securities, certificates of deposit and commercial paper, are recorded at fair value (see Note 3). We classified these investments as Level 2 since the fair value is based on market observable inputs for investments with similar terms and maturities. (2) The deferred compensation liability, included in “Other liabilities—Other” in our Condensed Consolidated Balance Sheets, consists of deferrals under The New York Times Company Deferred Executive Compensation Plan (the “DEC”), which enables certain eligible executives to elect to defer a portion of their compensation on a pre-tax basis. The deferred amounts are invested at the executives’ option in various mutual funds. The fair value of deferred compensation is based on the mutual fund investments elected by the executives and on quoted prices in active markets for identical assets. Participation in the DEC was frozen effective December 31, 2015. (3) As noted in Note 2, in the third quarter of 2017, we reclassified our marketable securities from HTM to AFS. Prior to being classified as AFS, the securities were recorded at amortized cost and not adjusted to fair value in accordance with the HTM accounting treatment.

Pension and Other Postretirem28

Pension and Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 24, 2017
Pension Plan
Pension Benefits
Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income	The components of net periodic pension cost were as follows: For the Quarters Ended September 24, 2017 September 25, 2016 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 2,423 $ — $ 2,423 $ 2,248 $ — $ 2,248 Interest cost 15,596 1,956 17,552 16,573 2,034 18,607 Expected return on plan assets (26,136 ) — (26,136 ) (27,790 ) — (27,790 ) Amortization of actuarial loss 7,351 1,088 8,439 7,069 1,054 8,123 Amortization of prior service credit (486 ) — (486 ) (487 ) — (487 ) Net periodic pension (income)/cost $ (1,252 ) $ 3,044 $ 1,792 $ (2,387 ) $ 3,088 $ 701 For the Nine Months Ended September 24, 2017 September 25, 2016 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 7,269 $ — $ 7,269 $ 6,743 $ — $ 6,743 Interest cost 46,784 5,868 52,652 49,720 6,102 55,822 Expected return on plan assets (78,408 ) — (78,408 ) (83,369 ) — (83,369 ) Amortization of actuarial loss 22,057 3,264 25,321 21,206 3,160 24,366 Amortization of prior service credit (1,458 ) — (1,458 ) (1,459 ) — (1,459 ) Net periodic pension (income)/cost $ (3,756 ) $ 9,132 $ 5,376 $ (7,159 ) $ 9,262 $ 2,103
Other Postretirement Benefit Plan
Pension Benefits
Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income	The components of net periodic postretirement benefit income were as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 24, 2017 September 25, 2016 September 24, 2017 September 25, 2016 Service cost $ 92 $ 104 $ 276 $ 313 Interest cost 470 495 1,410 1,485 Amortization of actuarial loss 905 1,026 2,715 3,078 Amortization of prior service credit (1,939 ) (2,110 ) (5,816 ) (6,330 ) Net periodic postretirement benefit income $ (472 ) $ (485 ) $ (1,415 ) $ (1,454 )

Supplemental Stockholders' Eq29

Supplemental Stockholders' Equity Information (Tables)	9 Months Ended
	Sep. 24, 2017
Equity [Abstract]
Schedule of Changes in Stockholders' Equity	Stockholders’ equity is summarized as follows: (In thousands) Total New York Times Company Stockholders’ Equity Noncontrolling Interest Total Stockholders’ Equity Balance as of December 25, 2016 $ 847,815 $ (3,571 ) $ 844,244 Net income 61,109 3,567 64,676 Other comprehensive income, net of tax 19,294 — 19,294 Effect of issuance of shares 158 — 158 Dividends declared (19,543 ) — (19,543 ) Stock-based compensation 9,845 — 9,845 Balance as of September 24, 2017 $ 918,678 $ (4 ) $ 918,674 (In thousands) Total New York Times Company Stockholders’ Equity Noncontrolling Interest Total Stockholders’ Equity Balance as of December 27, 2015 $ 826,751 $ 1,704 $ 828,455 Net loss (8,076 ) (5,719 ) (13,795 ) Other comprehensive income, net of tax 13,273 — 13,273 Effect of issuance of shares (9,298 ) — (9,298 ) Share repurchases (15,056 ) — (15,056 ) Dividends declared (19,414 ) — (19,414 ) Stock-based compensation 9,006 — 9,006 Balance as of September 25, 2016 $ 797,186 $ (4,015 ) $ 793,171
Schedule of Changes in Accumulated Other Comprehensive Loss	The following table summarizes the changes in accumulated other comprehensive income (“AOCI”) by component as of September 24, 2017 : (In thousands) Foreign Currency Translation Adjustments Funded Status of Benefit Plans Net unrealized Loss on available-for-sale Securities Total Accumulated Other Comprehensive Loss Balance as of December 25, 2016 $ (1,822 ) $ (477,994 ) — $ (479,816 ) Other comprehensive income (loss) before reclassifications, before tax (1) 11,170 — (1,081 ) 10,089 Amounts reclassified from accumulated other comprehensive loss, before tax (1) — 20,762 — 20,762 Income tax expense (benefit) (1) 3,777 8,208 (428 ) 11,557 Net current-period other comprehensive income, net of tax 7,393 12,554 (653 ) 19,294 Balance as of September 24, 2017 $ 5,571 $ (465,440 ) (653 ) $ (460,522 ) (1) All amounts are shown net of noncontrolling interest.
Reclassification out of Accumulated Other Comprehensive Income	The following table summarizes the reclassifications from AOCI for the nine months ended September 24, 2017 : (In thousands) Detail about accumulated other comprehensive loss components Amounts reclassified from accumulated other comprehensive loss Affects line item in the statement where net income is presented Funded status of benefit plans: Amortization of prior service credit (1) $ (7,274 ) Selling, general & administrative costs Amortization of actuarial loss (1) 28,036 Selling, general & administrative costs Total reclassification, before tax (2) 20,762 Income tax expense 8,208 Income tax expense Total reclassification, net of tax $ 12,554 (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and other retirement benefits. See Note 9 for additional information. (2) There were no reclassifications relating to noncontrolling interest for the nine months ended September 24, 2017 .

Basis of Presentation (Details)

Basis of Presentation (Details)	3 Months Ended
	Sep. 24, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal Period Duration	90 days

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Jun. 25, 2017	Sep. 24, 2017	Sep. 25, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Single-copy sales of print products as percentage of subscription revenues (percent)		10.00%
Net cash used in financing activities			$ (19,739)	$ (44,859)
Net cash provided/(used) by operating activities			147,895	85,643
Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess tax windfalls for share-based payments	$ 100		$ 200
Net cash used in financing activities				9,600
Net cash provided/(used) by operating activities				$ (9,600)

Marketable Securities - Availab

Marketable Securities - Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Schedule of Available-for-sale Securities [Line Items]
Net unrealized loss in other comprehensive income	$ 1,081	$ 0	$ 1,081	$ 0
Short-term AFS securities
Amortized cost, short-term AFS securities	336,619		336,619
Gross unrealized gains, short-term AFS securities	36		36
Gross unrealized losses, short-term AFS securities	(213)		(213)
Fair value, short-term AFS securities	336,442		336,442
Long-term AFS securities
Amortized cost, long-term AFS securities	242,686		242,686
Gross unrealized gains, long-term AFS securities	23		23
Gross unrealized losses, long-term AFS securities	(927)		(927)
Fair value, long-term AFS securities	241,782		241,782
U.S Treasury securities
Short-term AFS securities
Amortized cost, short-term AFS securities	73,220		73,220
Gross unrealized gains, short-term AFS securities	0		0
Gross unrealized losses, short-term AFS securities	(45)		(45)
Fair value, short-term AFS securities	73,175		73,175
Long-term AFS securities
Amortized cost, long-term AFS securities	47,672		47,672
Gross unrealized gains, long-term AFS securities	0		0
Gross unrealized losses, long-term AFS securities	(52)		(52)
Fair value, long-term AFS securities	47,620		47,620
Corporate debt securities
Short-term AFS securities
Amortized cost, short-term AFS securities	156,683		156,683
Gross unrealized gains, short-term AFS securities	35		35
Gross unrealized losses, short-term AFS securities	(79)		(79)
Fair value, short-term AFS securities	156,639		156,639
Long-term AFS securities
Amortized cost, long-term AFS securities	97,583		97,583
Gross unrealized gains, long-term AFS securities	21		21
Gross unrealized losses, long-term AFS securities	(259)		(259)
Fair value, long-term AFS securities	97,345		97,345
U.S. governmental agency securities
Short-term AFS securities
Amortized cost, short-term AFS securities	53,842		53,842
Gross unrealized gains, short-term AFS securities	1		1
Gross unrealized losses, short-term AFS securities	(89)		(89)
Fair value, short-term AFS securities	53,754		53,754
Long-term AFS securities
Amortized cost, long-term AFS securities	97,431		97,431
Gross unrealized gains, long-term AFS securities	2		2
Gross unrealized losses, long-term AFS securities	(616)		(616)
Fair value, long-term AFS securities	96,817		96,817
Certificates of deposit
Short-term AFS securities
Amortized cost, short-term AFS securities	20,403		20,403
Gross unrealized gains, short-term AFS securities	0		0
Fair value, short-term AFS securities	20,403		20,403
Commercial paper
Short-term AFS securities
Amortized cost, short-term AFS securities	32,471		32,471
Gross unrealized gains, short-term AFS securities	0		0
Fair value, short-term AFS securities	$ 32,471		$ 32,471

Marketable Securities Available

Marketable Securities Available-for-sale Securities - Continuous Loss Position (Details)	9 Months Ended
	Sep. 24, 2017USD ($)
Long-term AFS securities
Other-than-temporary impairment loss	$ 0
Total short-term AFS securities
Short-term AFS securities
Fair value, less than 12 months	217,313,000
Gross unrealized losses, less than 12 months	(175,000)
Fair value, 12 months or greater	11,464,000
Gross unrealized losses, 12 months or greater	(38,000)
Fair value, total	228,777,000
Gross unrealized losses, total	(213,000)
Total long-term AFS securities
Long-term AFS securities
Fair value, less than 12 months	167,190,000
Gross unrealized losses, less than 12 months	(560,000)
Fair value, 12 months or greater	48,615,000
Gross unrealized losses, 12 months or greater	(367,000)
Fair value, total	215,805,000
Gross unrealized losses, total	(927,000)
US Treasury Securities
Short-term AFS securities
Fair value, less than 12 months	73,175,000
Gross unrealized losses, less than 12 months	(45,000)
Fair value, 12 months or greater	0
Gross unrealized losses, 12 months or greater	0
Fair value, total	73,175,000
Gross unrealized losses, total	(45,000)
Long-term AFS securities
Fair value, less than 12 months	53,142,000
Gross unrealized losses, less than 12 months	(52,000)
Fair value, 12 months or greater	39,697,000
Gross unrealized losses, 12 months or greater	0
Fair value, total	92,839,000
Gross unrealized losses, total	(52,000)
Corporate Debt Securities
Short-term AFS securities
Fair value, less than 12 months	101,648,000
Gross unrealized losses, less than 12 months	(77,000)
Fair value, 12 months or greater	2,500,000
Gross unrealized losses, 12 months or greater	(2,000)
Fair value, total	104,148,000
Gross unrealized losses, total	(79,000)
Long-term AFS securities
Fair value, less than 12 months	66,428,000
Gross unrealized losses, less than 12 months	(196,000)
Fair value, 12 months or greater	8,918,000
Gross unrealized losses, 12 months or greater	(63,000)
Fair value, total	75,346,000
Gross unrealized losses, total	(259,000)
US Government Agencies Debt Securities
Short-term AFS securities
Fair value, less than 12 months	42,490,000
Gross unrealized losses, less than 12 months	(53,000)
Fair value, 12 months or greater	8,964,000
Gross unrealized losses, 12 months or greater	(36,000)
Fair value, total	51,454,000
Gross unrealized losses, total	(89,000)
Long-term AFS securities
Fair value, less than 12 months	47,620,000
Gross unrealized losses, less than 12 months	(312,000)
Fair value, 12 months or greater	0
Gross unrealized losses, 12 months or greater	(304,000)
Fair value, total	47,620,000
Gross unrealized losses, total	$ (616,000)

Marketable Securities - Held-to

Marketable Securities - Held-to-Maturity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 24, 2017	Dec. 25, 2016
Short-term Marketable Securities | Minimum
Schedule of Held-to-maturity Securities [Line Items]
Remaining maturities on short-term and long-term marketable securities	1 month
Short-term Marketable Securities | Maximum
Schedule of Held-to-maturity Securities [Line Items]
Remaining maturities on short-term and long-term marketable securities	12 months
Long-term Marketable Securities | Minimum
Schedule of Held-to-maturity Securities [Line Items]
Remaining maturities on short-term and long-term marketable securities	13 months
Long-term Marketable Securities | Maximum
Schedule of Held-to-maturity Securities [Line Items]
Remaining maturities on short-term and long-term marketable securities	34 months
Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Short-term HTM securities		$ 449,535
Long-term HTM securities		187,299
Debt Securities | US Treasury Securities
Schedule of Held-to-maturity Securities [Line Items]
Short-term HTM securities		150,623
Long-term HTM securities		14,792
Debt Securities | Corporate Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Short-term HTM securities		150,599
Long-term HTM securities		61,775
Debt Securities | US Government Agencies Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Short-term HTM securities		64,135
Long-term HTM securities		110,732
Debt Securities | Commercial paper
Schedule of Held-to-maturity Securities [Line Items]
Short-term HTM securities		$ 84,178

Goodwill and Intangibles - Addi

Goodwill and Intangibles - Additional Information (Details) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Dec. 25, 2016	Sep. 24, 2017USD ($)	Sep. 25, 2016USD ($)	Dec. 25, 2016USD ($)acquisition
Business Acquisition [Line Items]
Acquisition purchase price		$ 0	$ 15,410
HelloSociety, LLC and Fake Love, LLC
Business Acquisition [Line Items]
Number of businesses acquired | acquisition				2
Acquisition purchase price				$ 15,400
Submarine Leisure Club, Inc.
Business Acquisition [Line Items]
Acquisition purchase price				$ 25,000
Consulting and retention agreements, term				3 years
Miscellaneous Assets
Business Acquisition [Line Items]
Intangible assets, carrying values		$ 8,600
Minimum
Business Acquisition [Line Items]
Estimated useful life of intangible assets acquired	3 years
Maximum
Business Acquisition [Line Items]
Estimated useful life of intangible assets acquired	7 years

Goodwill and Intangibles (Detai

Goodwill and Intangibles (Details) $ in Thousands	9 Months Ended
	Sep. 24, 2017USD ($)
Goodwill [Roll Forward]
Balance as of December 25, 2016	$ 134,517
Measurement period adjustment	(198)
Foreign currency translation	8,852
Balance as of September 24, 2017	$ 143,171

Investments - Equity Method Inv

Investments - Equity Method Investments (Details) - USD ($)	3 Months Ended				9 Months Ended
	Sep. 24, 2017	Dec. 25, 2016	Sep. 25, 2016	Mar. 27, 2016	Sep. 24, 2017	Sep. 25, 2016
Schedule of Equity Method Investments [Line Items]
Investments in joint ventures	$ 20,472,000	$ 15,614,000			$ 20,472,000
Loss from joint ventures	31,557,000		$ 463,000		31,464,000	$ (41,845,000)
Proportionate share of gain after tax and net of noncontrolling interest	(488,000)		0		(488,000)	0
Distributions received	0		0		0	0
Newsprint and supercalendered paper purchased from the Paper Mills	$ 2,300,000		$ 3,700,000		$ 7,700,000	$ 10,300,000
Donohue Malbaie Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	49.00%				49.00%
Women in the World Media, LLC
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	30.00%				30.00%
Madison Paper Industries
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	40.00%				40.00%
Noncontrolling interest, ownership percentage by parent	10.00%				10.00%
Investment in Madison				$ 0
Gain on sale of non-hydro power assets	$ 30,100,000	$ 3,900,000
Proportionate share of gain after tax and net of noncontrolling interest	$ 16,100,000
Madison Paper Industries | UPM-Kymmene
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	60.00%				60.00%
Madison Paper Industries | Paper Mill Closure
Schedule of Equity Method Investments [Line Items]
Loss from joint ventures				41,400,000
Proportionate share of gain after tax and net of noncontrolling interest				$ 20,100,000
Madison Paper Industries Owned Consolidated Subsidiary
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	80.00%				80.00%
Noncontrolling interest, ownership percentage by parent	20.00%				20.00%
Ownership of Madison Paper Industries by Consolidated Subsidiary
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50.00%				50.00%

Investments - Madison (Details)

Investments - Madison (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Expenses:
Newsprint and supercalendered paper purchased from the Paper Mills	$ 2,300	$ 3,700	$ 7,700	$ 10,300
Madison Paper Industries
Schedule of Equity Method Investments [Line Items]
Revenues	0	0	0	40,523
Expenses:
Cost of sales	(105)	(1,450)	(1,277)	(68,039)
General and administrative income/(expense) and other	60,216	(566)	59,662	(66,056)
Total costs and expenses	60,111	(2,016)	58,385	(134,095)
Operating income/(loss)	60,111	(2,016)	58,385	(93,572)
Other (expense)/income	(1)	2	(7)	4
Net income/(loss)	$ 60,110	$ (2,014)	$ 58,378	$ (93,568)

Investments - Cost Method Inves

Investments - Cost Method Investments (Details) - USD ($) $ in Millions	Sep. 24, 2017	Dec. 25, 2016
Investments, Debt and Equity Securities [Abstract]
Cost method investments	$ 14	$ 13.6

Debt Obligations - Debt & Capit

Debt Obligations - Debt & Capital Leases (Details) - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Debt Instrument [Line Items]
Total option to repurchase ownership interest in headquarters building in 2019	$ 242,577	$ 240,199
Capital lease obligations	6,798	6,779
Total long-term debt and capital lease obligations	249,375	246,978
Option To Repurchase Headquarters Building 2019
Debt Instrument [Line Items]
Principal amount	250,000	250,000
Less unamortized discount based on imputed interest rate of 13.0%	$ 7,423	$ 9,801
Interest rate on debt	13.00%

Debt Obligations - Interest Exp

Debt Obligations - Interest Expense, Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Debt Disclosure [Abstract]
Interest expense	$ 6,956	$ 10,022	$ 20,775	$ 29,964
Amortization of debt costs and discount on debt	801	1,226	2,379	3,670
Capitalized interest	(345)	(131)	(852)	(412)
Interest income	(2,752)	(2,085)	(7,184)	(6,267)
Total interest expense, net	$ 4,660	$ 9,032	$ 15,118	$ 26,955

Other (Details)

Other (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016	Dec. 25, 2016	Jun. 26, 2016
Other Expense [Line Items]
Advertising expense	$ 26.6	$ 22.3	$ 86	$ 63.6
Severance liability	25.2		25.2		$ 23.2
Capitalized Computer Software Costs
Other Expense [Line Items]
Capitalized computer software amortization	4	2.8	9.7	8.5
Headquarters Redesign and Consolidation
Other Expense [Line Items]
Costs incurred during the period	2.5		6.9
Restructuring costs capitalized in period	26		37
Severance | Selling, General and Administrative Expenses
Other Expense [Line Items]
Severance costs	$ 2.1	13	$ 23	18.3
Relocation and Severance-related Charges | Streamlining of International Print Operations
Other Expense [Line Items]
Costs incurred to date		$ 2.9		$ 2.9		$ 11.9

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	$ 336,442
Long-term AFS securities	241,782
Carrying value of long-term debt	242,577	$ 240,199
Long-term debt, fair value	281,000	298,000
Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	28,354	31,006
Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	0	0
Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	0	0
Fair Value | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	28,354	31,006
Debt Securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	336,442	0
Long-term AFS securities	241,782	0
Debt Securities | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
Debt Securities | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	336,442	0
Long-term AFS securities	241,782	0
Debt Securities | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
U.S Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	73,175
Long-term AFS securities	47,620
U.S Treasury securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	73,175	0
Long-term AFS securities	47,620	0
U.S Treasury securities | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
U.S Treasury securities | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	73,175	0
Long-term AFS securities	47,620	0
U.S Treasury securities | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	156,639
Long-term AFS securities	97,345
Corporate debt securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	156,639	0
Long-term AFS securities	97,345	0
Corporate debt securities | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
Corporate debt securities | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	156,639	0
Long-term AFS securities	97,345	0
Corporate debt securities | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
U.S. governmental agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	53,754
Long-term AFS securities	96,817
U.S. governmental agency securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	53,754	0
Long-term AFS securities	96,817	0
U.S. governmental agency securities | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
U.S. governmental agency securities | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	53,754	0
Long-term AFS securities	96,817	0
U.S. governmental agency securities | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Long-term AFS securities	0	0
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	20,403
Certificates of deposit | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	20,403	0
Certificates of deposit | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Certificates of deposit | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	20,403	0
Certificates of deposit | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	32,471
Commercial paper | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	32,471	0
Commercial paper | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Commercial paper | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	32,471	0
Commercial paper | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	$ 0	$ 0

Pension Benefits - Net Periodic

Pension Benefits - Net Periodic Pension Cost (Details) $ in Thousands	Oct. 20, 2017USD ($)	Jul. 29, 2016USD ($)	Sep. 24, 2017USD ($)	Sep. 25, 2016USD ($)	Jun. 26, 2016USD ($)	Sep. 24, 2017USD ($)plan	Sep. 25, 2016USD ($)
Pension Benefits
Number of joint Company and Guild-sponsored defined benefit plans | plan						2
Litigation Settlement, Amount Awarded from Other Party				$ 5,000
Multiemployer pension plan withdrawal expense		$ 5,000	$ 0	(4,971)	$ 11,700	$ 0	$ 6,730
Pension Plan
Pension Benefits
Service cost			2,423	2,248		7,269	6,743
Interest cost			17,552	18,607		52,652	55,822
Expected return on plan assets			(26,136)	(27,790)		(78,408)	(83,369)
Amortization of actuarial loss			8,439	8,123		25,321	24,366
Amortization of prior service credit			(486)	(487)		(1,458)	(1,459)
Net periodic postretirement benefit income			1,792	701		5,376	2,103
Qualified Plans | Pension Plan
Pension Benefits
Service cost			2,423	2,248		7,269	6,743
Interest cost			15,596	16,573		46,784	49,720
Expected return on plan assets			(26,136)	(27,790)		(78,408)	(83,369)
Amortization of actuarial loss			7,351	7,069		22,057	21,206
Amortization of prior service credit			(486)	(487)		(1,458)	(1,459)
Net periodic postretirement benefit income			(1,252)	(2,387)		(3,756)	(7,159)
Pension contributions						5,900	6,000
Non- Qualified Plans | Pension Plan
Pension Benefits
Service cost			0	0		0	0
Interest cost			1,956	2,034		5,868	6,102
Expected return on plan assets			0	0		0	0
Amortization of actuarial loss			1,088	1,054		3,264	3,160
Amortization of prior service credit			0	0		0	0
Net periodic postretirement benefit income			$ 3,044	$ 3,088		$ 9,132	$ 9,262
Subsequent Event | Pension Plan
Pension Benefits
Expected contributions in 2017	$ 100,000

Other Postretirement Benefits (

Other Postretirement Benefits (Details) - Other Postretirement Benefit Plan - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Pension Benefits
Service cost	$ 92	$ 104	$ 276	$ 313
Interest cost	470	495	1,410	1,485
Amortization of actuarial loss	905	1,026	2,715	3,078
Amortization of prior service credit	(1,939)	(2,110)	(5,816)	(6,330)
Net periodic postretirement benefit income	$ (472)	$ (485)	$ (1,415)	$ (1,454)

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Income Tax Disclosure [Abstract]
Income tax expense/(benefit)	$ 23,420	$ 121	$ 40,873	$ (8,956)
Effective income tax rate from continuing operations	39.10%	30.00%	38.50%	39.40%

Earnings_(Loss) Per Share (Deta

Earnings/(Loss) Per Share (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Diluted earnings per share (in usd per share)	$ 0.20	$ 0	$ 0.37	$ (0.05)
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,000,000	5,000,000	2,000,000	6,000,000
Restricted Stock Units and Long-term Incentive Compensation Stock-settled Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0		0	0

Supplemental Stockholders' Eq48

Supplemental Stockholders' Equity Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Class of Stock [Line Items]
Net income/(loss)	$ 32,329	$ 406	$ 61,109	$ (8,076)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning of period			844,244	828,455
Net income/(loss)	36,002	283	64,676	(13,795)
Other comprehensive income, net of tax	7,739	4,244	19,294	13,273
Effect of issuance of shares			(158)	(9,298)
Share repurchases				(15,056)
Dividends declared			(19,543)	(19,414)
Stock-based compensation			9,845	9,006
Balance, end of period	918,674	793,171	918,674	793,171
Total New York Times Company Stockholders' Equity
Class of Stock [Line Items]
Net income/(loss)			61,109
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning of period			847,815	826,751
Net income/(loss)				(8,076)
Other comprehensive income, net of tax			19,294	13,273
Effect of issuance of shares			(158)	(9,298)
Share repurchases				(15,056)
Dividends declared			(19,543)	(19,414)
Stock-based compensation			9,845	9,006
Balance, end of period	918,678	797,186	918,678	797,186
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance, beginning of period			(3,571)	1,704
Net income/(loss)			3,567	(5,719)
Other comprehensive income, net of tax			0	0
Effect of issuance of shares			0	0
Share repurchases				0
Dividends declared			0	0
Stock-based compensation			0	0
Balance, end of period	$ (4)	$ (4,015)	$ (4)	$ (4,015)

Supplemental Stockholders' Eq49

Supplemental Stockholders' Equity Information - Additional Information (Details) - USD ($)	9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Jan. 14, 2015
Class of Stock [Line Items]
Share repurchases		$ 15,056,000
Stock repurchase program, remaining authorized repurchase amount	$ 16,200,000
Class A Common Stock
Class of Stock [Line Items]
Stock repurchase program, authorized amount			$ 101,100,000
Shares repurchased (in shares)	6,690,905
Share repurchases	$ 84,900,000

Supplemental Stockholders' Eq50

Supplemental Stockholders' Equity Information Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016	Dec. 25, 2016	Dec. 27, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 918,674	$ 793,171	$ 918,674	$ 793,171	$ 844,244	$ 828,455
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Other comprehensive income before reclassifications, before tax			10,089
Amounts reclassified from accumulated other comprehensive loss, before tax			20,762
Income tax expense	4,200	2,912	11,557	8,492
Other comprehensive income, net of tax	7,739	$ 4,244	19,294	$ 13,273
Balance as of September 24, 2017	(460,522)		(460,522)
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	5,571		5,571		(1,822)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Other comprehensive income before reclassifications, before tax			11,170
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			3,777
Other comprehensive income, net of tax			7,393
Funded Status of Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(465,440)		(465,440)		(477,994)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Other comprehensive income before reclassifications, before tax			0
Amounts reclassified from accumulated other comprehensive loss, before tax			20,762
Income tax expense			8,208
Other comprehensive income, net of tax			12,554
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(653)		(653)		0
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Other comprehensive income before reclassifications, before tax			(1,081)
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			(428)
Other comprehensive income, net of tax			(653)
Total Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (460,522)		$ (460,522)		$ (479,816)

Supplemental Stockholders' Eq51

Supplemental Stockholders' Equity Information Reclassifications Out of Accumulated Other Comprehensive Income (Details) $ in Thousands	9 Months Ended
	Sep. 24, 2017USD ($)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss, before tax	$ 20,762
Amortization of prior service credit
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss, before tax	(7,274)
Amortization of actuarial loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss, before tax	28,036
Total reclassifications
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss, before tax	20,762
Income tax expense	8,208
Total reclassification, net of tax	$ 12,554

Segment Information (Details)

Segment Information (Details)	9 Months Ended
	Sep. 24, 2017Segment
Segment Reporting [Abstract]
Number of reportable segments	1

Contingent Liabilities - Restri

Contingent Liabilities - Restricted Cash (Details) - USD ($)	1 Months Ended			3 Months Ended				9 Months Ended
	Jul. 29, 2016	Dec. 31, 2014	Sep. 30, 2013	Sep. 24, 2017	Dec. 25, 2016	Sep. 25, 2016	Jun. 26, 2016	Sep. 24, 2017	Sep. 25, 2016
Loss Contingencies [Line Items]
Restricted cash				$ 17,900,000	$ 24,900,000			$ 17,900,000
Amount paid related to Revised Assessment	$ (5,000,000)			0		$ 4,971,000	$ (11,700,000)	0	$ (6,730,000)
Threatened Litigation
Loss Contingencies [Line Items]
Demand for payment		$ 34,000,000	$ 26,000,000
Decline in contributions, percent (more than)			70.00%
Payments related to Initial Assessment								14,400,000
Amount recognized as expense in the period				100,000		$ 4,500,000		300,000	$ 10,600,000
Partial pension withdrawal arbitration liability				7,300,000				7,300,000
Minimum | Threatened Litigation
Loss Contingencies [Line Items]
Estimate of possible loss				0				0
Maximum | Threatened Litigation
Loss Contingencies [Line Items]
Estimate of possible loss				10,000,000				$ 10,000,000
Discontinued Operations
Loss Contingencies [Line Items]
Litigation settlement charge				800,000	3,700,000
Litigation settlement charge, net of tax				$ 500,000	$ 2,300,000

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event $ in Millions	Oct. 20, 2017USD ($)	Oct. 18, 2017USD ($)Employee	Dec. 31, 2017USD ($)
Subsequent Event [Line Items]
Number of retirees | Employee		3,800
Reduction of qualified pension plan obligations		$ 225
Pension Plan
Subsequent Event [Line Items]
Discretionary contribution to the Pension Plans	$ 100
Scenario, Forecast
Subsequent Event [Line Items]
Pension settlement charge			$ 95