The New York Times Company (NYT) 10-Q 8 Aug 23 2023 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2023	Aug. 04, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	1-5837
Entity Registrant Name	THE NEW YORK TIMES COMPANY
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	13-1102020
Entity Address, Address Line One	620 Eighth Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10018
City Area Code	212
Local Phone Number	556-1234
Title of 12(b) Security	Class A Common Stock
Trading Symbol	NYT
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000071691
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		163,558,450
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		780,724

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 245,630	$ 221,385
Short-term marketable securities	171,223	125,972
Accounts receivable (net of allowances of $11,011 in 2023 and $12,260 in 2022)	158,991	217,533
Prepaid expenses	60,904	54,859
Other current assets	38,026	35,926
Total current assets	674,774	655,675
Other assets
Long-term marketable securities	93,520	138,917
Property, plant and equipment (less accumulated depreciation and amortization of $848,849 in 2023 and $823,024 in 2022)	531,117	553,698
Goodwill	415,181	414,046
Intangible assets, net	302,652	317,314
Deferred income taxes	115,887	96,363
Miscellaneous assets	345,938	357,739
Total assets	2,479,069	2,533,752
Current liabilities
Accounts payable	110,830	114,646
Accrued payroll and other related liabilities	138,907	164,564
Unexpired subscriptions revenue	156,996	155,945
Accrued expenses and other	125,319	136,055
Total current liabilities	532,052	571,210
Other liabilities
Pension benefits obligation	219,521	225,300
Postretirement benefits obligation	26,930	26,455
Other	93,346	110,815
Total other liabilities	339,797	362,570
Common stock of $.10 par value:
Additional paid-in capital	267,975	255,515
Retained earnings	1,991,029	1,958,859
Common stock held in treasury, at cost	(319,858)	(276,267)
Accumulated other comprehensive loss, net of income taxes:
Foreign currency translation adjustments	358	(510)
Funded status of benefit plans	(346,663)	(348,947)
Net unrealized loss on available-for-sale securities	(5,377)	(8,390)
Total accumulated other comprehensive loss, net of income taxes	(351,682)	(357,847)
Total New York Times Company stockholders’ equity	1,605,215	1,597,967
Noncontrolling interest	2,005	2,005
Total stockholders’ equity	1,607,220	1,599,972
Total liabilities and stockholders’ equity	2,479,069	2,533,752
Class A Common Stock
Common stock of $.10 par value:
Common stock value	17,673	17,629
Class B Common Stock
Common stock of $.10 par value:
Common stock value	$ 78	$ 78

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Accounts receivable, allowance for credit loss	$ 11,011	$ 12,260
Accumulated depreciation and amortization	$ 848,849	$ 823,024
Common stock of $.10 par value:
Common stock, par value (in usd per share)	$ 0.10	$ 0.10
Class A Common Stock
Common stock of $.10 par value:
Authorized shares (in shares)	300,000,000	300,000,000
Issued shares (in shares)	176,724,250	176,288,596
Treasury shares (in shares)	13,165,882	12,004,865
Class B Common Stock
Common stock of $.10 par value:
Authorized shares (in shares)	780,724	780,724
Issued shares (in shares)	780,724	780,724

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Revenues
Total revenues	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Operating costs
Cost of revenue (excluding depreciation and amortization)	309,923	300,583	616,775	581,948
Sales and marketing	62,241	62,769	129,275	140,357
Product development	56,047	50,822	113,109	98,255
General and administrative	72,273	69,141	153,324	140,498
Depreciation and amortization	21,858	20,704	42,698	39,390
Total operating costs	522,342	504,019	1,055,181	1,000,448
Acquisition-related costs	0	0	0	34,712
Lease-related impairment charge	12,736	0	12,736	0
Operating profit	55,775	51,661	83,675	57,945
Other components of net periodic benefit (income)/costs	(684)	1,624	(1,369)	3,146
Interest income and other, net	4,517	35,604	7,690	36,679
Income before income taxes	60,976	85,641	92,734	91,478
Income tax expense	14,402	23,864	23,839	24,976
Net income	$ 46,574	$ 61,777	$ 68,895	$ 66,502
Average number of common shares outstanding:
Basic (in shares)	164,714	167,636	164,844	167,816
Diluted (in shares)	165,037	167,636	165,325	167,816
Basic earnings per share attributable to common stockholders
Basic earnings per share attributable to common stockholders (in usd per share)	$ 0.28	$ 0.37	$ 0.42	$ 0.40
Diluted earnings per share attributable to common stockholders
Diluted earnings per share attributable to common stockholders (in usd per share)	0.28	0.37	0.42	0.40
Dividends declared per share (in usd per share)	$ 0.11	$ 0	$ 0.22	$ 0.09
Subscription
Revenues
Total revenues	$ 409,590	$ 383,619	$ 807,132	$ 755,598
Advertising
Revenues
Total revenues	117,770	117,379	224,011	233,649
Other
Revenues
Total revenues	$ 63,493	$ 54,682	$ 120,449	$ 103,858

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 46,574	$ 61,777	$ 68,895	$ 66,502
Other comprehensive income/(loss), before tax:
Gain/(Loss) on foreign currency translation adjustments	286	(3,407)	1,134	(5,616)
Pension and postretirement benefits obligation	1,553	5,114	3,106	10,124
Net unrealized gain/(loss) on available-for-sale securities	1,496	(1,911)	4,098	(9,827)
Other comprehensive income/(loss), before tax	3,335	(204)	8,338	(5,319)
Income tax expense/(benefit)	879	(104)	2,173	(1,484)
Other comprehensive income/(loss), net of tax	2,456	(100)	6,165	(3,835)
Comprehensive income attributable to common stockholders	$ 49,030	$ 61,677	$ 75,060	$ 62,667

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Total New York Times Company Stockholders’ Equity	Capital Stock - Class A and Class B Common	Additional Paid-in Capital	Retained Earnings	Common Stock Held in Treasury, at Cost	Accumulated Other Comprehensive Loss, Net of Income Taxes	Non- controlling Interest
Balance, beginning of period at Dec. 26, 2021	$ 1,540,725	$ 1,538,720	$ 17,675	$ 230,115	$ 1,845,343	$ (171,211)	$ (383,202)	$ 2,005
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	66,502	66,502			66,502
Dividends	(15,199)	(15,199)			(15,199)
Other comprehensive (loss) income	(3,835)	(3,835)					(3,835)
Issuance of stock-based awards, net of withholding taxes:
Stock options - Class A shares	3	3		3
Restricted stock units vested - Class A shares	(4,072)	(4,072)	14	(4,086)
Performance-based awards - Class A shares	(5,557)	(5,557)	16	(5,573)
Share repurchases - Class A shares	(54,469)	(54,469)				(54,469)
Stock-based compensation	16,036	16,036		16,036
Balance, end of period at Jun. 26, 2022	1,540,134	1,538,129	17,705	236,495	1,896,646	(225,680)	(387,037)	2,005
Balance, beginning of period at Mar. 27, 2022	1,495,076	1,493,071	17,704	227,815	1,834,734	(200,245)	(386,937)	2,005
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	61,777	61,777			61,777
Dividends	135	135			135
Other comprehensive (loss) income	(100)	(100)					(100)
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(301)	(301)	1	(302)
Share repurchases - Class A shares	(25,435)	(25,435)				(25,435)
Stock-based compensation	8,982	8,982		8,982
Balance, end of period at Jun. 26, 2022	1,540,134	1,538,129	17,705	236,495	1,896,646	(225,680)	(387,037)	2,005
Balance, beginning of period at Dec. 31, 2022	1,599,972	1,597,967	17,707	255,515	1,958,859	(276,267)	(357,847)	2,005
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	68,895	68,895			68,895
Dividends	(36,725)	(36,725)			(36,725)
Other comprehensive (loss) income	6,165	6,165					6,165
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(8,551)	(8,551)	34	(8,585)
Performance-based awards - Class A shares	(3,098)	(3,098)	10	(3,108)
Share repurchases - Class A shares	(43,591)	(43,591)				(43,591)
Stock-based compensation	24,153	24,153		24,153
Balance, end of period at Jun. 30, 2023	1,607,220	1,605,215	17,751	267,975	1,991,029	(319,858)	(351,682)	2,005
Balance, beginning of period at Mar. 31, 2023	1,576,790	1,574,785	17,744	255,361	1,962,805	(306,987)	(354,138)	2,005
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	46,574	46,574			46,574
Dividends	(18,350)	(18,350)			(18,350)
Other comprehensive (loss) income	2,456	2,456					2,456
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(632)	(632)	7	(639)
Share repurchases - Class A shares	(12,871)	(12,871)				(12,871)
Stock-based compensation	13,253	13,253		13,253
Balance, end of period at Jun. 30, 2023	$ 1,607,220	$ 1,605,215	$ 17,751	$ 267,975	$ 1,991,029	$ (319,858)	$ (351,682)	$ 2,005

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Statement of Stockholders' Equity [Abstract]
Stock options (in shares)				400
Restricted stock unit vested (in shares)	62,142	10,769	329,235	138,219
Performance-based awards (in shares)			106,419	163,518
Share repurchases (in shares)	357,488	781,530	1,161,017	1,474,330

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022
Cash flows from operating activities
Net income	$ 68,895	$ 66,502
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	42,698	39,390
Amortization of right of use asset	4,989	4,979
Stock-based compensation expense	24,153	16,036
Lease-related impairment charge	12,736	0
Gain on sale of land	0	(34,227)
Change in long-term retirement benefit obligations	(13,760)	(9,823)
Other – net	2,301	2,872
Changes in operating assets and liabilities, net of business acquisitions:
Accounts receivable – net	58,542	62,438
Other assets	(2,517)	(12,287)
Accounts payable, accrued payroll and other liabilities	(79,306)	(120,886)
Unexpired subscriptions	1,051	1,154
Net cash provided by operating activities	119,782	16,148
Cash flows from investing activities
Purchases of marketable securities	(43,643)	(6,649)
Maturities of marketable securities	47,103	458,306
Business acquisitions, net of cash acquired	0	(515,299)
Capital expenditures	(10,792)	(19,005)
Other – net	2,302	1,457
Net cash used in investing activities	(5,030)	(81,190)
Long-term obligations:
Dividends paid	(33,195)	(26,895)
Payment of contingent consideration	(1,724)	(1,724)
Capital shares:
Proceeds from stock option exercises	0	3
Repurchases	(43,591)	(54,469)
Share-based compensation tax withholding	(11,649)	(9,629)
Net cash used in financing activities	(90,159)	(92,714)
Net increase/(decrease) in cash, cash equivalents and restricted cash	24,593	(157,756)
Effect of exchange rate changes on cash	(29)	(812)
Cash, cash equivalents and restricted cash at the beginning of the period	235,173	334,306
Cash, cash equivalents and restricted cash at the end of the period	$ 259,737	$ 175,738

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, and December 31, 2022, and the results of operations, changes in stockholders’ equity and cash flows of the Company for the periods ended June 30, 2023, and June 26, 2022. 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 United States 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 31, 2022. 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 first six months of 2022 included an additional day compared with the first six months of 2023 as a result of the change in the Company’s fiscal year to the calendar year. The Company has two reportable segments: The New York Times Group (“NYTG”) and The Athletic. 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	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As of June 30, 2023, our significant accounting policies, which are detailed in our Annual Report on Form 10-K for the year ended December 31, 2022, have not changed. Recently Issued Accounting Pronouncements

Revenue

Revenue	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE We generate revenues principally from subscriptions and advertising. Subscription revenues consist of revenues from subscriptions to our digital and print products (which include our news product, as well as The Athletic and our Cooking, Games and Wirecutter products), and single-copy and bulk sales of our print products. Subscription 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. Advertising revenue is generated principally from advertisers (such as technology, financial and luxury goods companies) promoting products, services or brands on digital platforms in the form of display ads, audio and video, and in print in the form of column-inch ads. Advertising revenue is generated primarily from offerings sold directly to marketers by our advertising sales teams. A smaller proportion of our total advertising revenues is generated through programmatic auctions run by third-party ad exchanges. Advertising revenue is primarily determined by the volume (e.g., impressions), rate and mix of advertisements. Digital advertising includes our core digital advertising business and other digital advertising. Our core digital advertising business includes direct-sold website, mobile application, podcast, email and video advertisements. Direct-sold display advertising, a component of core digital advertising, includes offerings on websites and mobile applications sold directly to marketers by our advertising sales teams. Other digital advertising includes open-market programmatic advertising and creative services fees. Print advertising includes revenue from column-inch ads and classified advertising as well as preprinted advertising, also known as freestanding inserts. NYTG has revenue from all categories discussed above. The Athletic has revenue from direct-sold display advertising, podcast, email and video advertisements and open-market programmatic advertising. There is no print advertising revenue generated from The Athletic. Other revenues primarily consist of revenues from licensing, Wirecutter affiliate referrals, commercial printing, the leasing of floors in the New York headquarters building located at 620 Eighth Avenue, New York, New York (the “Company Headquarters”), television and film, retail commerce, our live events business and our student subscription sponsorship program. Subscription, advertising and other revenues were as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Subscription $ 409,590 69.3 % $ 383,619 69.0 % $ 807,132 70.0 % $ 755,598 69.2 % Advertising 117,770 19.8 % 117,379 21.0 % 224,011 19.5 % 233,649 21.3 % Other (1) 63,493 10.9 % 54,682 10.0 % 120,449 10.5 % 103,858 9.5 % Total $ 590,853 100.0 % $ 555,680 100.0 % $ 1,151,592 100.0 % $ 1,093,105 100.0 % (1) Other revenues include building rental revenue, which is not under the scope of Revenue from Contracts with Customers (Topic 606). Building rental revenue was $6.5 million and $7.2 million for the second quarters of 2023 and 2022, respectively, and $13.7 million and $14.3 million for the first six months of 2023 and 2022, respectively. The following table summarizes digital and print subscription revenues, which are components of subscription revenues above, for the second quarters and first six months ended June 30, 2023, and June 26, 2022: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Digital-only subscription revenues (1) $ 269,774 65.9 % $ 238,727 62.2 % $ 528,541 65.5 % $ 465,489 61.6 % Print subscription revenues: Domestic home-delivery subscription revenues (2) 126,024 30.8 % 131,080 34.2 % 251,901 31.2 % 262,472 34.7 % Single-copy, NYT International and Other subscription revenues (3) 13,792 3.4 % 13,812 3.6 % 26,690 3.3 % 27,637 3.7 % Subtotal print subscription revenues 139,816 34.1 % 144,892 37.8 % 278,591 34.5 % 290,109 38.4 % Total subscription revenues $ 409,590 100.0 % $ 383,619 100.0 % $ 807,132 100.0 % $ 755,598 100.0 % (1) Includes revenue from bundled and standalone subscriptions to our news product, as well as to The Athletic and to our Cooking, Games and Wirecutter products. (2) Domestic home-delivery subscriptions include access to our digital products. (3) NYT International is the international edition of our print newspaper. The following table summarizes digital and print advertising revenues, which are components of advertising revenues above, for the second quarters and first six months ended June 30, 2023, and June 26, 2022: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Advertising revenues: Digital $ 73,804 62.7 % $ 69,292 59.0 % $ 135,075 60.3 % $ 136,306 58.3 % Print 43,966 37.3 % 48,087 41.0 % 88,936 39.7 % 97,343 41.7 % Total advertising $ 117,770 100.0 % $ 117,379 100.0 % $ 224,011 100.0 % $ 233,649 100.0 % Performance Obligations We have remaining performance obligations related to digital archive and other licensing and certain advertising contracts. As of June 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations for contracts with a duration greater than one year was approximately $207 million. The Company will recognize this revenue as performance obligations are satisfied. We expect that approximately $40 million, $76 million and $91 million will be recognized in the remainder of 2023, 2024 and thereafter through 2028, respectively. Unexpired Subscriptions Payments for subscriptions are typically due upfront and the revenue is recognized ratably over the subscription period. The proceeds are recorded within Unexpired subscriptions revenue in the Condensed Consolidated Balance Sheet. Total unexpired subscriptions as of December 31, 2022, were $155.9 million, of which approximately $132 million was recognized as revenues during the six months ended June 30, 2023. Contract Assets As of June 30, 2023, and December 31, 2022, the Company had $3.8 million, respectively, in contract assets recorded in the Condensed Consolidated Balance Sheets related to digital archiving licensing revenue. The contract asset is reclassified to Accounts receivable when the customer is invoiced based on the contractual billing schedule.

Marketable Securities

Marketable Securities	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	MARKETABLE SECURITIES The Company accounts for its marketable securities as available for sale (“AFS”). The Company recorded $7.3 million and $11.4 million of pre-tax net unrealized losses in Accumulated other comprehensive income (“AOCI”) as of June 30, 2023, and December 31, 2022, respectively. The following tables present the amortized cost, gross unrealized gains and losses, and fair market value of our AFS securities as of June 30, 2023, and December 31, 2022: June 30, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities Corporate debt securities $ 115,753 $ — $ (3,130) $ 112,623 U.S. governmental agency securities 27,805 — (414) 27,391 U.S. Treasury securities 27,844 — (498) 27,346 Municipal securities 3,890 — (27) 3,863 Total short-term AFS securities $ 175,292 $ — $ (4,069) $ 171,223 Long-term AFS securities U.S. Treasury securities $ 52,413 $ — $ (1,321) $ 51,092 Corporate debt securities 39,576 — (1,827) 37,749 U.S. governmental agency securities 4,798 — (119) 4,679 Total long-term AFS securities $ 96,787 $ — $ (3,267) $ 93,520 December 31, 2022 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities Corporate debt securities $ 52,315 $ — $ (1,286) $ 51,029 U.S. governmental agency securities 22,806 — (722) 22,084 U.S. Treasury securities 45,096 — (963) 44,133 Municipal securities 8,903 — (177) 8,726 Total short-term AFS securities $ 129,120 $ — $ (3,148) $ 125,972 Long-term AFS securities U.S. Treasury securities $ 25,990 $ — $ (1,576) $ 24,414 Corporate debt securities 115,207 — (6,377) 108,830 U.S. governmental agency securities 5,999 — (326) 5,673 Total long-term AFS securities $ 147,196 $ — $ (8,279) $ 138,917 The following tables represent the AFS securities as of June 30, 2023, and December 31, 2022, that were in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position: June 30, 2023 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 Corporate debt securities $ 5,621 $ (4) $ 107,002 $ (3,126) $ 112,623 $ (3,130) U.S. governmental agency securities — — 27,391 (414) 27,391 (414) U.S. Treasury securities — — 27,346 (498) 27,346 (498) Municipal securities — — 3,863 (27) 3,863 (27) Total short-term AFS securities $ 5,621 $ (4) $ 165,602 $ (4,065) $ 171,223 $ (4,069) Long-term AFS securities U.S. Treasury securities $ 32,487 $ (249) $ 18,605 $ (1,072) $ 51,092 $ (1,321) Corporate debt securities 7,116 (22) 30,633 (1,805) 37,749 (1,827) U.S. governmental agency securities 3,738 (61) 941 (58) 4,679 (119) Total long-term AFS securities $ 43,341 $ (332) $ 50,179 $ (2,935) $ 93,520 $ (3,267) December 31, 2022 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 Corporate debt securities $ 3,799 $ (11) $ 47,230 $ (1,275) $ 51,029 $ (1,286) U.S. governmental agency securities — — 22,084 (722) 22,084 (722) U.S. Treasury securities — — 44,133 (963) 44,133 (963) Municipal securities — — 8,726 (177) 8,726 (177) Total short-term AFS securities $ 3,799 $ (11) $ 122,173 $ (3,137) $ 125,972 $ (3,148) Long-term AFS securities U.S. Treasury securities $ 282 $ (9) $ 24,132 $ (1,567) $ 24,414 $ (1,576) Corporate debt securities 2,004 (57) 106,826 (6,320) 108,830 (6,377) U.S. governmental agency securities — — 5,673 (326) 5,673 (326) Total long-term AFS securities $ 2,286 $ (66) $ 136,631 $ (8,213) $ 138,917 $ (8,279) We assess AFS securities on a quarterly basis or more often if a potential loss-triggering event occurs. As of June 30, 2023 , and December 31, 2022, 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 June 30, 2023 , and December 31, 2022, we have recognized no losses or allowance for credit losses related to AFS securities.

Goodwill and Intangibles

Goodwill and Intangibles	6 Months Ended
	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Goodwill and Intangibles	GOODWILL AND INTANGIBLES Goodwill and Intangibles The changes in the carrying amount of goodwill as of June 30, 2023, and since December 26, 2021, were as follows: (In thousands) NYTG The Athletic Total Balance as of December 26, 2021 $ 166,360 $ — $ 166,360 Foreign currency translation (3,674) — (3,674) Acquisition of The Athletic Media Company — 249,792 249,792 Measurement period adjustments — 1,568 1,568 Balance as of December 31, 2022 162,686 251,360 414,046 Foreign currency translation 1,135 — 1,135 Balance as of June 30, 2023 $ 163,821 $ 251,360 $ 415,181 The foreign currency translation line item reflects changes in goodwill resulting from fluctuating exchange rates related to the consolidation of certain international subsidiaries. As of June 30, 2023, the gross book value and accumulated amortization of the finite-lived intangible assets were as follows: (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (13,207) $ 149,411 18.8 Existing subscriber base 136,500 (17,438) 119,062 10.7 Developed technology 38,401 (11,712) 26,689 3.7 Content archive 5,751 (3,231) 2,520 2.5 Total finite-lived intangibles $ 343,270 $ (45,588) $ 297,682 14.1 Amortization expense for intangible assets included in Depreciation and amortization in our Condensed Consolidated Statements of Operations was $7.3 million and $5.0 million for the second quarters of 2023 and 2022, respectively, and $14.7 million and $11.4 million for the first six months of 2023 and 2022, respectively. The estimated aggregate amortization expense for the remainder of 2023 and each of the following fiscal years ending December 31 is presented below: (In thousands) Remainder of 2023 $ 14,662 2024 27,487 2025 27,213 2026 26,960 2027 20,171 Thereafter 181,189 Total amortization expense $ 297,682 The aggregate carrying amount of intangible assets of $302.7 million, which includes an indefinite-lived intangible of $5.0 million, is included in Intangible assets, net in our Condensed Consolidated Balance Sheet as of June 30, 2023.

Investments

Investments	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	INVESTMENTS Non-Marketable Equity Securities Our non-marketable equity securities are investments in privately held companies/funds without readily determinable market values. Gains and losses on non-marketable securities revalued, sold or impaired are recognized in Interest income and other, net in our Condensed Consolidated Statements of Operations. As of June 30, 2023, and December 31, 2022, non-marketable equity securities included in Miscellaneous assets in our Condensed Consolidated Balance Sheets had a carrying value of $29.8 million.

Other

Other	6 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Other	OTHER Capitalized Computer Software Costs Amortization of capitalized computer software costs included in Depreciation and amortization in our Condensed Consolidated Statements of Operations was $1.8 million and $1.9 million for the second quarters of 2023 and 2022, respectively, and $3.6 million and $3.9 million for the first six months of 2023 and 2022, respectively. Interest income and other, net Interest income and other, net , as shown in the accompanying Condensed Consolidated Statements of Operations, was as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Interest income $ 4,754 $ 1,535 $ 8,165 $ 2,757 Gain on the sale of land (1) — 34,227 — 34,227 Interest expense (237) (158) (475) (305) Total interest income and other, net $ 4,517 $ 35,604 $ 7,690 $ 36,679 (1) On December 9, 2020, we entered into an agreement to lease and subsequently sell approximately four acres of land at our printing and distribution facility in College Point, N.Y., subject to certain conditions. The lease commenced on April 11, 2022. At the time of the lease expiration in February 2025, we will sell the parcel to the lessee for approximately $36 million. The transaction is accounted for as a sales-type lease and as a result, we recognized a gain of approximately $34 million (net of commissions) at the time of lease commencement. Restricted Cash A reconciliation of cash, cash equivalents and restricted cash as of June 30, 2023, and June 26, 2022, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) June 30, 2023 June 26, 2022 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 245,630 $ 161,342 Restricted cash included within miscellaneous assets 14,107 14,396 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 259,737 $ 175,738 Substantially all of the amount included in restricted cash is set aside to collateralize workers’ compensation obligations. Revolving Credit Facility On July 27, 2022, the Company entered into an amendment and restatement of its previous credit facility that, among other changes, increased the committed amount to $350.0 million and extended the maturity date to July 27, 2027 (as amended and restated, the “Credit Facility”). Certain of the Company’s domestic subsidiaries have guaranteed the Company’s obligations under the Credit Facility. Borrowings under the Credit Facility bear interest at specified rates based on our utilization and consolidated leverage ratio. The Credit Facility contains various customary affirmative and negative covenants. In addition, the Company is obligated to pay a quarterly unused commitment fee at an annual rate of 0.20%. As of June 30, 2023, and December 31, 2022, there were no borrowings and approximately $0.6 million in outstanding letters of credit, with the remaining committed amount available. As of June 30, 2023, the Company was in compliance with the financial covenants contained in the Credit Facility. Severance Costs We recognized $0.7 million and $2.7 million in severance costs for the second quarters of 2023 and 2022, respectively, and $4.5 million and $2.7 million for the first six months of 2023 and 2022, respectively. These costs are recorded in General and administrative costs in our Condensed Consolidated Statements of Operations. We had a severance liability of $5.6 million and $4.4 million included in Accrued expenses and other in our Condensed Consolidated Balance Sheets as of June 30, 2023, and December 31, 2022, respectively. Impairment of Long-Lived Assets In June 2023, we ceased using certain leased office space in Long Island City, New York. As a result, we recorded non-cash impairment charges of $7.6 million and $5.1 million to the right-of-use assets and fixed assets, respectively. The impairment amount was determined by comparing the fair value of the impacted asset group to its carrying value as of the measurement date, as required by ASC 360, Property, Plant and Equipment . The fair value of the asset group was based on estimated sublease income for the affected property, taking into consideration the time we expect it will take to obtain a sublease tenant and the expected applicable discount rates. The impairment is presented in Lease-related impairment charge

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, and December 31, 2022: (In thousands) June 30, 2023 December 31, 2022 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) Corporate debt securities $ 112,623 $ — $ 112,623 $ — $ 51,029 $ — $ 51,029 $ — U.S. governmental agency securities 27,391 — 27,391 — 22,084 — 22,084 — U.S. Treasury securities 27,346 — 27,346 — 44,133 — 44,133 — Municipal securities 3,863 — 3,863 — 8,726 — 8,726 — Total short-term AFS securities $ 171,223 $ — $ 171,223 $ — $ 125,972 $ — $ 125,972 $ — Long-term AFS securities (1) U.S. Treasury securities $ 51,092 $ — $ 51,092 $ — $ 24,414 $ — $ 24,414 $ — Corporate debt securities 37,749 — 37,749 — 108,830 — 108,830 — U.S. governmental agency securities 4,679 — 4,679 — 5,673 — 5,673 — Total long-term AFS securities $ 93,520 $ — $ 93,520 $ — $ 138,917 $ — $ 138,917 $ — Liabilities: Deferred compensation (2)(3) $ 12,979 $ 12,979 $ — $ — $ 14,635 $ 14,635 $ — $ — Contingent consideration (4) $ 5,464 $ — $ — $ 5,464 $ 5,324 $ — $ — $ 5,324 (1) 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”), a frozen plan that enabled 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) The Company invests the assets associated with the deferred compensation liability in life insurance products. Our investments in life insurance products are included in Miscellaneous assets in our Condensed Consolidated Balance Sheets, and were $51.1 million as of June 30, 2023, and $48.4 million as of December 31, 2022. The fair value of these assets is measured using the net asset value per share (or its equivalent) and has not been classified in the fair value hierarchy. (4) The remaining contingent consideration balances (as discussed below) are included in Accrued expenses and other, for the current portion of the liability, and Other non-current liabilities, for the long-term portion of the liability, in our Condensed Consolidated Balance Sheets . Level 3 Liabilities The contingent consideration liability is related to the 2020 acquisition of substantially all the assets and certain liabilities of Serial Productions, LLC and represents contingent payments based on the achievement of certain operational targets, as defined in the acquisition agreement, over the five years following the acquisition. The Company estimated the fair value using a probability-weighted discounted cash flow model. The estimate of the fair value of contingent consideration requires subjective assumptions to be made regarding probabilities assigned to operational targets and the discount rate. As the fair value is based on significant unobservable inputs, this is a Level 3 liability. The following table presents changes in the contingent consideration balances for the second quarters and six months ended June 30, 2023, and June 26, 2022: Quarters Ended Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Balance at the beginning of the period $ 4,392 $ 5,858 $ 5,324 $ 7,450 Payments — — (1,724) (1,724) Fair value adjustments (1) 1,072 — 1,864 132 Contingent consideration at the end of the period $ 5,464 $ 5,858 $ 5,464 $ 5,858 (1) Fair value adjustments are included in General and administrative costs in our Condensed Consolidated Statements of Operations.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefits	PENSION AND OTHER POSTRETIREMENT BENEFITS Pension Single-Employer Plans We maintain The New York Times Companies Pension Plan, a frozen single-employer defined benefit pension plan. The Company also jointly sponsors a defined benefit plan with The NewsGuild of New York known as the Guild-Times Adjustable Pension Plan (the “APP”) that continues to accrue active benefits. We also have a foreign-based pension plan for certain employees (the “foreign plan”). The information for the foreign plan is combined with the information for U.S. non-qualified plans. The benefit obligation of the foreign plan is immaterial to our total benefit obligation. The components of net periodic pension (income)/cost were as follows: For the Quarters Ended June 30, 2023 June 26, 2022 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 1,417 $ — $ 1,417 $ 2,882 $ — $ 2,882 Interest cost 14,198 2,296 16,494 8,837 1,284 10,121 Expected return on plan assets (19,122) — (19,122) (13,807) — (13,807) Amortization of actuarial loss 663 890 1,553 3,266 1,643 4,909 Amortization of prior service credit (486) — (486) (486) — (486) Net periodic pension (income)/cost $ (3,330) $ 3,186 $ (144) $ 692 $ 2,927 $ 3,619 For the Six Months Ended June 30, 2023 June 26, 2022 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 2,835 $ — $ 2,835 $ 5,763 $ — $ 5,763 Interest cost 28,396 4,591 32,987 17,675 2,568 20,243 Expected return on plan assets (38,245) — (38,245) (27,615) — (27,615) Amortization of actuarial loss 1,327 1,780 3,107 6,532 3,287 9,819 Amortization of prior service credit (972) — (972) (972) — (972) Net periodic pension (income)/cost $ (6,659) $ 6,371 $ (288) $ 1,383 $ 5,855 $ 7,238 During the first six months of 2023 and 2022, we made pension contributions of $4.5 million and $5.1 million, respectively, to the APP. We expect to make contractual contributions in 2023 of approximately $10 million, which more than satisfy minimum funding requirements. Other Postretirement Benefits The components of net periodic postretirement benefit cost were as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Service cost $ 8 $ 11 $ 17 $ 23 Interest cost 375 183 750 365 Amortization of actuarial loss 486 823 972 1,647 Amortization of prior service credit — (132) — (368) Net periodic postretirement benefit cost $ 869 $ 885 $ 1,739 $ 1,667

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company had income tax expense of $14.4 million and $23.8 million in the second quarter and first six months of 2023, r espectively. The Company had income tax expense of $23.9 million and $25.0 million in the second quarter and first six months of 2022, respectively. The Company’s effective tax rates were 23.6% and 25.7% for the second quarter and first six months of 2023, respectively. The Company’s effective tax rates were 27.9% and 27.3% for the second quarter and first six months of 2022, respectively. The decrease in income tax expense was primarily due to lower income in the second quarter of 2023. The decrease in the effective tax rate was primarily due to a reduction in the Company’s reserve for uncertain tax positions in the second quarter of 2023. Beginning in 2022, the Tax Cuts and Jobs Act of 2017 eliminated the option to deduct research and development expenditures immediately in the year incurred and instead requires taxpayers to capitalize and amortize such expenditures over five years. In 2022, our cash from operations decreased approximately $60 million and our net deferred tax assets increased by a similar amount as a result of this legislation. In 2023, we expect a negative impact on our cash from operations of approximately $45 million. The actual impact on fiscal 2023 cash from operations will depend on the amount of research and development costs we incur, on whether Congress modifies or repeals this provision, and on whether new guidance and interpretive rules are issued by the U.S. Treasury, among other factors. On August 16, 2022, the President signed the Inflation Reduction Act of 2022 (the “IRA”) into law. We do not expect the tax-related provisions of the IRA, which are effective beginning in 2023, to have a material impact on our consolidated financial statements.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE We compute earnings per share based upon the lower of the two-class method or the treasury stock method. The two-class method is 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 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 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-settled long-term performance awards and restricted stock units could have a significant impact on diluted shares. The difference between basic and diluted shares was approximately 0.3 million and 0.5 million in the second quarter and first six months of 2023, respectively, and resulted primarily from the dilutive effect of our stock-based awards. The difference between basic and diluted shares was de minimis in the second quarter and first six months of 2022, respectively. 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. There were approximately 0.2 million and 1.7 million restricted stock units excluded from the computation of diluted earnings per share in the second quarter and first six months of 2023, respectively, because they were anti-dilutive. There were approximately 1.4 million and 0.3 million restricted stock units excluded from the computation of diluted earnings per share in the second quarter and first six months of 2022, respectively, because they were anti-dilutive. There were no anti-dilutive stock-settled long-term performance awards excluded from the computation of diluted earnings per share in the second quarters and first six months of 2023 and 2022.

Supplemental Stockholders' Equi

Supplemental Stockholders' Equity Information	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Supplemental Stockholders' Equity Information	SUPPLEMENTAL STOCKHOLDERS’ EQUITY INFORMATION Share Repurchases In February 2022, the Board of Directors approved a $150.0 million Class A share repurchase program that replaced the previous program, which was approved in 2015. In February 2023, in addition to the remaining 2022 authorization, the Board of Directors approved a $250.0 million Class A share repurchase program. The authorizations provide that shares of Class A Common Stock may be purchased from time to time as market conditions warrant, through open-market purchases, privately negotiated transactions or other means, including Rule 10b5-1 trading plans. We expect to repurchase shares to offset the impact of dilution from our equity compensation program and to return capital to our stockholders. There is no expiration date with respect to these authorizations. As of June 30, 2023, repurchases under these authorizations totaled approximately $148.6 million (excluding commissions) and approximately $251.4 million remained. During the six months ended June 30, 2023, repurchases under these authorizations totaled approximately $43.6 million (excluding commissions). Accumulated Other Comprehensive Income The following table summarizes the changes in AOCI by component as of June 30, 2023: (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 31, 2022 $ (510) $ (348,947) $ (8,390) $ (357,847) Other comprehensive income before reclassifications, before tax 1,134 — 4,098 5,232 Amounts reclassified from accumulated other comprehensive loss, before tax — 3,106 — 3,106 Income tax expense 266 822 1,085 2,173 Net current-period other comprehensive income, net of tax 868 2,284 3,013 6,165 Balance as of June 30, 2023 $ 358 $ (346,663) $ (5,377) $ (351,682) The following table summarizes the reclassifications from AOCI for the six months ended June 30, 2023: (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) $ (972) Other components of net periodic benefit (income)/costs Amortization of actuarial loss (1) 4,078 Other components of net periodic benefit (income)/costs Total reclassification, before tax (2) 3,106 Income tax expense 822 Income tax expense Total reclassification, net of tax $ 2,284 (1) These AOCI components are included in the computation of net periodic benefit (income)/cost for pension and other postretirement benefits. See Note 9 for more information. (2) There were no reclassifications relating to noncontrolling interest for the quarter ended June 30, 2023. Stock-based Compensation Expense Total stock-based compensation expense included in the Condensed Consolidated Statements of Operations is as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Cost of revenue $ 3,067 $ 2,030 $ 5,297 $ 3,619 Sales and marketing 444 304 864 669 Product development 5,034 2,848 8,918 4,599 General and administrative 4,708 3,800 9,074 7,149 Total stock-based compensation expense $ 13,253 $ 8,982 $ 24,153 $ 16,036

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATIONThe Company identifies a business as an operating segment if: (i) it engages in business activities from which it may earn revenues and incur expenses; (ii) its operating results are regularly reviewed by the Company’s President and Chief Executive Officer (who is the Company’s Chief Operating Decision Maker) to make decisions about resources to be allocated to the segment and assess its performance; and (iii) it has available discrete financial information. Since the acquisition of The Athletic in the first quarter of 2022, the Company has had two reportable segments: NYTG and The Athletic. These segments are evaluated regularly by the Company’s Chief Operating Decision Maker in assessing performance and allocating resources. Management uses adjusted operating profit (loss) by segment in assessing performance and allocating resources. The Company includes in its presentation revenues and adjusted operating costs to arrive at adjusted operating profit (loss) by segment. Adjusted operating costs are defined as operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs. Adjusted operating profit is defined as operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items. Asset information by segment is not a measure of performance used by the Company’s Chief Operating Decision Maker. Accordingly, we have not disclosed asset information by segment. Subscription revenue from and expenses associated with our digital subscription package (or “bundle”) are allocated to NYTG and The Athletic. The Athletic was first introduced into our bundle in June 2022. Therefore, The Athletic’s results for the second quarter of 2022 include bundle revenue and expenses for only part of the quarter, whereas the second quarter of 2023 includes bundle revenue and expenses for the entire quarter. Prior to April 1, 2023, we allocated bundle revenue first to our digital news product based on its standalone list price and then the remaining bundle revenue was allocated to the other products in the bundle, including The Athletic, based on their relative standalone list prices. Starting April 1, 2023, we allocate 10% of bundle revenue to The Athletic based on management’s view of The Athletic’s relative value to the bundle, which is derived based on analysis of various metrics, and allocate the remaining bundle revenues to NYTG. Prior to April 1, 2023, we allocated to NYTG and The Athletic direct variable expenses associated with the bundle, which include credit card fees, third party fees and sales taxes, based on a historical actual percentage of these costs to bundle revenue. Starting April 1, 2023, we allocate 10% of product development, marketing and subscriber servicing expenses (including the direct variable expenses referenced above) associated with the bundle to The Athletic, and the remaining costs are allocated to NYTG, in each case, in line with the revenues allocations. For comparison purposes, the Company has recast segment results for the quarters following the second quarter of 2022 to reflect the updated allocation methodology. The second quarter of 2022 was not recast as the change was de minimis for that quarter in light of the timing of the introduction of The Athletic to the bundle. The results of The Athletic have been included in our Condensed Consolidated Financial Statements beginning February 1, 2022, the date of the acquisition. Results for the first six months of 2022 included The Athletic for approximately five months, while results for the first six months of 2023 included The Athletic for the full six months. The following tables present segment information: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Revenues NYTG $ 560,494 $ 536,134 4.5 % $ 1,093,276 $ 1,061,402 3.0 % The Athletic 30,359 19,546 55.3 % 58,316 31,703 83.9 % Total revenues $ 590,853 $ 555,680 6.3 % $ 1,151,592 $ 1,093,105 5.4 % Adjusted operating costs NYTG $ 460,525 $ 447,316 3.0 % $ 928,020 $ 904,860 2.6 % The Athletic 38,162 32,145 18.7 % 77,431 51,123 51.5 % Total adjusted operating costs $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % Adjusted operating profit (loss) NYTG $ 99,969 $ 88,818 12.6 % $ 165,256 $ 156,542 5.6 % The Athletic (7,803) (12,599) (38.1) % (19,115) (19,420) (1.6) % Total adjusted operating profit $ 92,166 $ 76,219 20.9 % $ 146,141 $ 137,122 6.6 % AOP margin % - NYTG 17.8 % 16.6 % 120 bps 15.1 % 14.7 % 40 bps * Represents a change equal to or in excess of 100% or not meaningful. Revenues detail by segment For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change NYTG Subscription $ 385,037 $ 366,620 5.0 % $ 759,193 $ 728,222 4.3 % Advertising 112,329 114,832 (2.2) % 214,419 229,322 (6.5) % Other 63,128 54,682 15.4 % 119,664 103,858 15.2 % Total $ 560,494 $ 536,134 4.5 % $ 1,093,276 $ 1,061,402 3.0 % The Athletic Subscription $ 24,553 $ 16,999 44.4 % $ 47,939 $ 27,376 75.1 % Advertising 5,441 2,547 * 9,592 4,327 * Other 365 — * 785 — * Total $ 30,359 $ 19,546 55.3 % $ 58,316 $ 31,703 83.9 % The New York Times Company Subscription $ 409,590 $ 383,619 6.8 % $ 807,132 $ 755,598 6.8 % Advertising 117,770 117,379 0.3 % 224,011 233,649 (4.1) % Other 63,493 54,682 16.1 % 120,449 103,858 16.0 % Total $ 590,853 $ 555,680 6.3 % $ 1,151,592 $ 1,093,105 5.4 % * Represents a change equal to or in excess of 100% or not meaningful. Adjusted operating costs (operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs) detail by segment For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change NYTG Cost of revenue (excluding depreciation and amortization) $ 287,789 $ 279,985 2.8 % $ 572,112 $ 549,460 4.1 % Sales and marketing 54,247 58,183 (6.8) % 113,179 132,643 (14.7) % Product development 50,049 46,773 7.0 % 100,880 91,952 9.7 % Adjusted general and administrative (1) 68,440 62,375 9.7 % 141,849 130,805 8.4 % Total $ 460,525 $ 447,316 3.0 % $ 928,020 $ 904,860 2.6 % The Athletic Cost of revenue (excluding depreciation and amortization) $ 22,134 $ 20,598 7.5 % $ 44,663 $ 32,488 37.5 % Sales and marketing 7,994 4,586 74.3 % 16,096 7,714 * Product development 5,998 4,049 48.1 % 12,229 6,303 94.0 % Adjusted general and administrative (2) 2,036 2,912 (30.1) % 4,443 4,618 (3.8) % Total $ 38,162 $ 32,145 18.7 % $ 77,431 $ 51,123 51.5 % The New York Times Company Cost of revenue (excluding depreciation and amortization) $ 309,923 $ 300,583 3.1 % $ 616,775 $ 581,948 6.0 % Sales and marketing 62,241 62,769 (0.8) % 129,275 140,357 (7.9) % Product development 56,047 50,822 10.3 % 113,109 98,255 15.1 % Adjusted general and administrative 70,476 65,287 7.9 % 146,292 135,423 8.0 % Total $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % (1) Excludes severance of $3.3 million for the first six months of 2023. There were no severance costs for the second quarter of 2023. Excludes multiemployer pension withdrawal costs of $1.1 million and $2.5 million for the second quarter and first six months of 2023, respectively. Excludes severance of $2.5 million for the second quarter and first six months of 2022, and multiemployer pension withdrawal costs of $1.2 million and $2.4 million for the second quarter and first six months of 2022, respectively. (2) Excludes severance of $0.7 million and $1.2 million for the second quarter and first six months of 2023, respectively. Excludes severance of $0.2 million for the second quarter and first six months of 2022. * Represents a change equal to or in excess of 100% or not meaningful. Reconciliation of operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs (or adjusted operating costs) For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Operating costs $ 522,342 $ 504,019 3.6 % $ 1,055,181 $ 1,000,448 5.5 % Less: Depreciation and amortization 21,858 20,704 5.6 % 42,698 39,390 8.4 % Severance 713 2,660 (73.2) % 4,493 2,660 68.9 % Multiemployer pension plan withdrawal costs 1,084 1,194 (9.2) % 2,539 2,415 5.1 % Adjusted operating costs $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % * Represents a change equal to or in excess of 100% or not meaningful. Reconciliation of operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items (or adjusted operating profit) For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Operating profit $ 55,775 $ 51,661 8.0 % $ 83,675 $ 57,945 44.4 % Add: Depreciation and amortization 21,858 20,704 5.6 % 42,698 39,390 8.4 % Severance 713 2,660 (73.2) % 4,493 2,660 68.9 % Multiemployer pension plan withdrawal costs 1,084 1,194 (9.2) % 2,539 2,415 5.1 % Special items: Acquisition-related costs — — — — 34,712 * Lease-related impairment charge 12,736 — * 12,736 — * Adjusted operating profit $ 92,166 $ 76,219 20.9 % $ 146,141 $ 137,122 6.6 % * Represents a change equal to or in excess of 100% or not meaningful.

Contingent Liabilities

Contingent Liabilities	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	CONTINGENT LIABILITIES Legal Proceedings We are involved in various legal actions incidental to our business that are now pending against us. These actions generally have damage claims that are greatly in excess of the payments, if any, that we would be required to pay if we lost or settled the cases. 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.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Pay vs Performance Disclosure
Net income	$ 46,574	$ 61,777	$ 68,895	$ 66,502

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting PronouncementsThe 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.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	Subscription, advertising and other revenues were as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Subscription $ 409,590 69.3 % $ 383,619 69.0 % $ 807,132 70.0 % $ 755,598 69.2 % Advertising 117,770 19.8 % 117,379 21.0 % 224,011 19.5 % 233,649 21.3 % Other (1) 63,493 10.9 % 54,682 10.0 % 120,449 10.5 % 103,858 9.5 % Total $ 590,853 100.0 % $ 555,680 100.0 % $ 1,151,592 100.0 % $ 1,093,105 100.0 % (1) Other revenues include building rental revenue, which is not under the scope of Revenue from Contracts with Customers (Topic 606). Building rental revenue was $6.5 million and $7.2 million for the second quarters of 2023 and 2022, respectively, and $13.7 million and $14.3 million for the first six months of 2023 and 2022, respectively. The following table summarizes digital and print subscription revenues, which are components of subscription revenues above, for the second quarters and first six months ended June 30, 2023, and June 26, 2022: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Digital-only subscription revenues (1) $ 269,774 65.9 % $ 238,727 62.2 % $ 528,541 65.5 % $ 465,489 61.6 % Print subscription revenues: Domestic home-delivery subscription revenues (2) 126,024 30.8 % 131,080 34.2 % 251,901 31.2 % 262,472 34.7 % Single-copy, NYT International and Other subscription revenues (3) 13,792 3.4 % 13,812 3.6 % 26,690 3.3 % 27,637 3.7 % Subtotal print subscription revenues 139,816 34.1 % 144,892 37.8 % 278,591 34.5 % 290,109 38.4 % Total subscription revenues $ 409,590 100.0 % $ 383,619 100.0 % $ 807,132 100.0 % $ 755,598 100.0 % (1) Includes revenue from bundled and standalone subscriptions to our news product, as well as to The Athletic and to our Cooking, Games and Wirecutter products. (2) Domestic home-delivery subscriptions include access to our digital products. (3) NYT International is the international edition of our print newspaper. The following table summarizes digital and print advertising revenues, which are components of advertising revenues above, for the second quarters and first six months ended June 30, 2023, and June 26, 2022: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 As % of total June 26, 2022 As % of total June 30, 2023 As % of total June 26, 2022 As % of total Advertising revenues: Digital $ 73,804 62.7 % $ 69,292 59.0 % $ 135,075 60.3 % $ 136,306 58.3 % Print 43,966 37.3 % 48,087 41.0 % 88,936 39.7 % 97,343 41.7 % Total advertising $ 117,770 100.0 % $ 117,379 100.0 % $ 224,011 100.0 % $ 233,649 100.0 %

Marketable Securities (Tables)

Marketable Securities (Tables)	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Market Value of AFS Securities	The following tables present the amortized cost, gross unrealized gains and losses, and fair market value of our AFS securities as of June 30, 2023, and December 31, 2022: June 30, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities Corporate debt securities $ 115,753 $ — $ (3,130) $ 112,623 U.S. governmental agency securities 27,805 — (414) 27,391 U.S. Treasury securities 27,844 — (498) 27,346 Municipal securities 3,890 — (27) 3,863 Total short-term AFS securities $ 175,292 $ — $ (4,069) $ 171,223 Long-term AFS securities U.S. Treasury securities $ 52,413 $ — $ (1,321) $ 51,092 Corporate debt securities 39,576 — (1,827) 37,749 U.S. governmental agency securities 4,798 — (119) 4,679 Total long-term AFS securities $ 96,787 $ — $ (3,267) $ 93,520 December 31, 2022 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities Corporate debt securities $ 52,315 $ — $ (1,286) $ 51,029 U.S. governmental agency securities 22,806 — (722) 22,084 U.S. Treasury securities 45,096 — (963) 44,133 Municipal securities 8,903 — (177) 8,726 Total short-term AFS securities $ 129,120 $ — $ (3,148) $ 125,972 Long-term AFS securities U.S. Treasury securities $ 25,990 $ — $ (1,576) $ 24,414 Corporate debt securities 115,207 — (6,377) 108,830 U.S. governmental agency securities 5,999 — (326) 5,673 Total long-term AFS securities $ 147,196 $ — $ (8,279) $ 138,917
Schedule of Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value	The following tables represent the AFS securities as of June 30, 2023, and December 31, 2022, that were in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position: June 30, 2023 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 Corporate debt securities $ 5,621 $ (4) $ 107,002 $ (3,126) $ 112,623 $ (3,130) U.S. governmental agency securities — — 27,391 (414) 27,391 (414) U.S. Treasury securities — — 27,346 (498) 27,346 (498) Municipal securities — — 3,863 (27) 3,863 (27) Total short-term AFS securities $ 5,621 $ (4) $ 165,602 $ (4,065) $ 171,223 $ (4,069) Long-term AFS securities U.S. Treasury securities $ 32,487 $ (249) $ 18,605 $ (1,072) $ 51,092 $ (1,321) Corporate debt securities 7,116 (22) 30,633 (1,805) 37,749 (1,827) U.S. governmental agency securities 3,738 (61) 941 (58) 4,679 (119) Total long-term AFS securities $ 43,341 $ (332) $ 50,179 $ (2,935) $ 93,520 $ (3,267) December 31, 2022 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 Corporate debt securities $ 3,799 $ (11) $ 47,230 $ (1,275) $ 51,029 $ (1,286) U.S. governmental agency securities — — 22,084 (722) 22,084 (722) U.S. Treasury securities — — 44,133 (963) 44,133 (963) Municipal securities — — 8,726 (177) 8,726 (177) Total short-term AFS securities $ 3,799 $ (11) $ 122,173 $ (3,137) $ 125,972 $ (3,148) Long-term AFS securities U.S. Treasury securities $ 282 $ (9) $ 24,132 $ (1,567) $ 24,414 $ (1,576) Corporate debt securities 2,004 (57) 106,826 (6,320) 108,830 (6,377) U.S. governmental agency securities — — 5,673 (326) 5,673 (326) Total long-term AFS securities $ 2,286 $ (66) $ 136,631 $ (8,213) $ 138,917 $ (8,279)

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	6 Months Ended
	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Goodwill Balances	The changes in the carrying amount of goodwill as of June 30, 2023, and since December 26, 2021, were as follows: (In thousands) NYTG The Athletic Total Balance as of December 26, 2021 $ 166,360 $ — $ 166,360 Foreign currency translation (3,674) — (3,674) Acquisition of The Athletic Media Company — 249,792 249,792 Measurement period adjustments — 1,568 1,568 Balance as of December 31, 2022 162,686 251,360 414,046 Foreign currency translation 1,135 — 1,135 Balance as of June 30, 2023 $ 163,821 $ 251,360 $ 415,181
Schedule of Finite-Lived Intangible Assets	As of June 30, 2023, the gross book value and accumulated amortization of the finite-lived intangible assets were as follows: (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (13,207) $ 149,411 18.8 Existing subscriber base 136,500 (17,438) 119,062 10.7 Developed technology 38,401 (11,712) 26,689 3.7 Content archive 5,751 (3,231) 2,520 2.5 Total finite-lived intangibles $ 343,270 $ (45,588) $ 297,682 14.1
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated aggregate amortization expense for the remainder of 2023 and each of the following fiscal years ending December 31 is presented below: (In thousands) Remainder of 2023 $ 14,662 2024 27,487 2025 27,213 2026 26,960 2027 20,171 Thereafter 181,189 Total amortization expense $ 297,682

Other (Tables)

Other (Tables)	6 Months Ended
	Jun. 30, 2023
Other Income and Expenses [Abstract]
Schedule of Interest Income and Other, Net	Interest income and other, net , as shown in the accompanying Condensed Consolidated Statements of Operations, was as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Interest income $ 4,754 $ 1,535 $ 8,165 $ 2,757 Gain on the sale of land (1) — 34,227 — 34,227 Interest expense (237) (158) (475) (305) Total interest income and other, net $ 4,517 $ 35,604 $ 7,690 $ 36,679 (1) On December 9, 2020, we entered into an agreement to lease and subsequently sell approximately four acres of land at our printing and distribution facility in College Point, N.Y., subject to certain conditions. The lease commenced on April 11, 2022. At the time of the lease expiration in February 2025, we will sell the parcel to the lessee for approximately $36 million. The transaction is accounted for as a sales-type lease and as a result, we recognized a gain of approximately $34 million (net of commissions) at the time of lease commencement.
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash	A reconciliation of cash, cash equivalents and restricted cash as of June 30, 2023, and June 26, 2022, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) June 30, 2023 June 26, 2022 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 245,630 $ 161,342 Restricted cash included within miscellaneous assets 14,107 14,396 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 259,737 $ 175,738
Schedule of Restrictions on Cash and Cash Equivalents	A reconciliation of cash, cash equivalents and restricted cash as of June 30, 2023, and June 26, 2022, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) June 30, 2023 June 26, 2022 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 245,630 $ 161,342 Restricted cash included within miscellaneous assets 14,107 14,396 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 259,737 $ 175,738

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, and December 31, 2022: (In thousands) June 30, 2023 December 31, 2022 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) Corporate debt securities $ 112,623 $ — $ 112,623 $ — $ 51,029 $ — $ 51,029 $ — U.S. governmental agency securities 27,391 — 27,391 — 22,084 — 22,084 — U.S. Treasury securities 27,346 — 27,346 — 44,133 — 44,133 — Municipal securities 3,863 — 3,863 — 8,726 — 8,726 — Total short-term AFS securities $ 171,223 $ — $ 171,223 $ — $ 125,972 $ — $ 125,972 $ — Long-term AFS securities (1) U.S. Treasury securities $ 51,092 $ — $ 51,092 $ — $ 24,414 $ — $ 24,414 $ — Corporate debt securities 37,749 — 37,749 — 108,830 — 108,830 — U.S. governmental agency securities 4,679 — 4,679 — 5,673 — 5,673 — Total long-term AFS securities $ 93,520 $ — $ 93,520 $ — $ 138,917 $ — $ 138,917 $ — Liabilities: Deferred compensation (2)(3) $ 12,979 $ 12,979 $ — $ — $ 14,635 $ 14,635 $ — $ — Contingent consideration (4) $ 5,464 $ — $ — $ 5,464 $ 5,324 $ — $ — $ 5,324 (1) 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”), a frozen plan that enabled 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) The Company invests the assets associated with the deferred compensation liability in life insurance products. Our investments in life insurance products are included in Miscellaneous assets in our Condensed Consolidated Balance Sheets, and were $51.1 million as of June 30, 2023, and $48.4 million as of December 31, 2022. The fair value of these assets is measured using the net asset value per share (or its equivalent) and has not been classified in the fair value hierarchy. (4) The remaining contingent consideration balances (as discussed below) are included in Accrued expenses and other, for the current portion of the liability, and Other non-current liabilities, for the long-term portion of the liability, in our Condensed Consolidated Balance Sheets .
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents changes in the contingent consideration balances for the second quarters and six months ended June 30, 2023, and June 26, 2022: Quarters Ended Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Balance at the beginning of the period $ 4,392 $ 5,858 $ 5,324 $ 7,450 Payments — — (1,724) (1,724) Fair value adjustments (1) 1,072 — 1,864 132 Contingent consideration at the end of the period $ 5,464 $ 5,858 $ 5,464 $ 5,858 (1) Fair value adjustments are included in General and administrative costs in our Condensed Consolidated Statements of Operations.

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2023
Pension Plan
Pension Benefits
Schedule of Components of Net Periodic Pension (Income)/Cost and Postretirement Benefit Income	The components of net periodic pension (income)/cost were as follows: For the Quarters Ended June 30, 2023 June 26, 2022 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 1,417 $ — $ 1,417 $ 2,882 $ — $ 2,882 Interest cost 14,198 2,296 16,494 8,837 1,284 10,121 Expected return on plan assets (19,122) — (19,122) (13,807) — (13,807) Amortization of actuarial loss 663 890 1,553 3,266 1,643 4,909 Amortization of prior service credit (486) — (486) (486) — (486) Net periodic pension (income)/cost $ (3,330) $ 3,186 $ (144) $ 692 $ 2,927 $ 3,619 For the Six Months Ended June 30, 2023 June 26, 2022 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 2,835 $ — $ 2,835 $ 5,763 $ — $ 5,763 Interest cost 28,396 4,591 32,987 17,675 2,568 20,243 Expected return on plan assets (38,245) — (38,245) (27,615) — (27,615) Amortization of actuarial loss 1,327 1,780 3,107 6,532 3,287 9,819 Amortization of prior service credit (972) — (972) (972) — (972) Net periodic pension (income)/cost $ (6,659) $ 6,371 $ (288) $ 1,383 $ 5,855 $ 7,238
Other Postretirement Benefit Plan
Pension Benefits
Schedule of Components of Net Periodic Pension (Income)/Cost and Postretirement Benefit Income	The components of net periodic postretirement benefit cost were as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Service cost $ 8 $ 11 $ 17 $ 23 Interest cost 375 183 750 365 Amortization of actuarial loss 486 823 972 1,647 Amortization of prior service credit — (132) — (368) Net periodic postretirement benefit cost $ 869 $ 885 $ 1,739 $ 1,667

Supplemental Stockholders' Eq_2

Supplemental Stockholders' Equity Information (Tables)	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following table summarizes the changes in AOCI by component as of June 30, 2023: (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 31, 2022 $ (510) $ (348,947) $ (8,390) $ (357,847) Other comprehensive income before reclassifications, before tax 1,134 — 4,098 5,232 Amounts reclassified from accumulated other comprehensive loss, before tax — 3,106 — 3,106 Income tax expense 266 822 1,085 2,173 Net current-period other comprehensive income, net of tax 868 2,284 3,013 6,165 Balance as of June 30, 2023 $ 358 $ (346,663) $ (5,377) $ (351,682)
Schedule of Reclassification out of Accumulated Other Comprehensive Income	The following table summarizes the reclassifications from AOCI for the six months ended June 30, 2023: (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) $ (972) Other components of net periodic benefit (income)/costs Amortization of actuarial loss (1) 4,078 Other components of net periodic benefit (income)/costs Total reclassification, before tax (2) 3,106 Income tax expense 822 Income tax expense Total reclassification, net of tax $ 2,284 (1) These AOCI components are included in the computation of net periodic benefit (income)/cost for pension and other postretirement benefits. See Note 9 for more information. (2) There were no reclassifications relating to noncontrolling interest for the quarter ended June 30, 2023.
Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount	Total stock-based compensation expense included in the Condensed Consolidated Statements of Operations is as follows: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 June 30, 2023 June 26, 2022 Cost of revenue $ 3,067 $ 2,030 $ 5,297 $ 3,619 Sales and marketing 444 304 864 669 Product development 5,034 2,848 8,918 4,599 General and administrative 4,708 3,800 9,074 7,149 Total stock-based compensation expense $ 13,253 $ 8,982 $ 24,153 $ 16,036

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables present segment information: For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Revenues NYTG $ 560,494 $ 536,134 4.5 % $ 1,093,276 $ 1,061,402 3.0 % The Athletic 30,359 19,546 55.3 % 58,316 31,703 83.9 % Total revenues $ 590,853 $ 555,680 6.3 % $ 1,151,592 $ 1,093,105 5.4 % Adjusted operating costs NYTG $ 460,525 $ 447,316 3.0 % $ 928,020 $ 904,860 2.6 % The Athletic 38,162 32,145 18.7 % 77,431 51,123 51.5 % Total adjusted operating costs $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % Adjusted operating profit (loss) NYTG $ 99,969 $ 88,818 12.6 % $ 165,256 $ 156,542 5.6 % The Athletic (7,803) (12,599) (38.1) % (19,115) (19,420) (1.6) % Total adjusted operating profit $ 92,166 $ 76,219 20.9 % $ 146,141 $ 137,122 6.6 % AOP margin % - NYTG 17.8 % 16.6 % 120 bps 15.1 % 14.7 % 40 bps * Represents a change equal to or in excess of 100% or not meaningful. Revenues detail by segment For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change NYTG Subscription $ 385,037 $ 366,620 5.0 % $ 759,193 $ 728,222 4.3 % Advertising 112,329 114,832 (2.2) % 214,419 229,322 (6.5) % Other 63,128 54,682 15.4 % 119,664 103,858 15.2 % Total $ 560,494 $ 536,134 4.5 % $ 1,093,276 $ 1,061,402 3.0 % The Athletic Subscription $ 24,553 $ 16,999 44.4 % $ 47,939 $ 27,376 75.1 % Advertising 5,441 2,547 * 9,592 4,327 * Other 365 — * 785 — * Total $ 30,359 $ 19,546 55.3 % $ 58,316 $ 31,703 83.9 % The New York Times Company Subscription $ 409,590 $ 383,619 6.8 % $ 807,132 $ 755,598 6.8 % Advertising 117,770 117,379 0.3 % 224,011 233,649 (4.1) % Other 63,493 54,682 16.1 % 120,449 103,858 16.0 % Total $ 590,853 $ 555,680 6.3 % $ 1,151,592 $ 1,093,105 5.4 % * Represents a change equal to or in excess of 100% or not meaningful. Adjusted operating costs (operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs) detail by segment For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change NYTG Cost of revenue (excluding depreciation and amortization) $ 287,789 $ 279,985 2.8 % $ 572,112 $ 549,460 4.1 % Sales and marketing 54,247 58,183 (6.8) % 113,179 132,643 (14.7) % Product development 50,049 46,773 7.0 % 100,880 91,952 9.7 % Adjusted general and administrative (1) 68,440 62,375 9.7 % 141,849 130,805 8.4 % Total $ 460,525 $ 447,316 3.0 % $ 928,020 $ 904,860 2.6 % The Athletic Cost of revenue (excluding depreciation and amortization) $ 22,134 $ 20,598 7.5 % $ 44,663 $ 32,488 37.5 % Sales and marketing 7,994 4,586 74.3 % 16,096 7,714 * Product development 5,998 4,049 48.1 % 12,229 6,303 94.0 % Adjusted general and administrative (2) 2,036 2,912 (30.1) % 4,443 4,618 (3.8) % Total $ 38,162 $ 32,145 18.7 % $ 77,431 $ 51,123 51.5 % The New York Times Company Cost of revenue (excluding depreciation and amortization) $ 309,923 $ 300,583 3.1 % $ 616,775 $ 581,948 6.0 % Sales and marketing 62,241 62,769 (0.8) % 129,275 140,357 (7.9) % Product development 56,047 50,822 10.3 % 113,109 98,255 15.1 % Adjusted general and administrative 70,476 65,287 7.9 % 146,292 135,423 8.0 % Total $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % (1) Excludes severance of $3.3 million for the first six months of 2023. There were no severance costs for the second quarter of 2023. Excludes multiemployer pension withdrawal costs of $1.1 million and $2.5 million for the second quarter and first six months of 2023, respectively. Excludes severance of $2.5 million for the second quarter and first six months of 2022, and multiemployer pension withdrawal costs of $1.2 million and $2.4 million for the second quarter and first six months of 2022, respectively. (2) Excludes severance of $0.7 million and $1.2 million for the second quarter and first six months of 2023, respectively. Excludes severance of $0.2 million for the second quarter and first six months of 2022. * Represents a change equal to or in excess of 100% or not meaningful. Reconciliation of operating costs before depreciation and amortization, severance and multiemployer pension plan withdrawal costs (or adjusted operating costs) For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Operating costs $ 522,342 $ 504,019 3.6 % $ 1,055,181 $ 1,000,448 5.5 % Less: Depreciation and amortization 21,858 20,704 5.6 % 42,698 39,390 8.4 % Severance 713 2,660 (73.2) % 4,493 2,660 68.9 % Multiemployer pension plan withdrawal costs 1,084 1,194 (9.2) % 2,539 2,415 5.1 % Adjusted operating costs $ 498,687 $ 479,461 4.0 % $ 1,005,451 $ 955,983 5.2 % * Represents a change equal to or in excess of 100% or not meaningful. Reconciliation of operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items (or adjusted operating profit) For the Quarters Ended For the Six Months Ended (In thousands) June 30, 2023 June 26, 2022 % Change June 30, 2023 June 26, 2022 % Change Operating profit $ 55,775 $ 51,661 8.0 % $ 83,675 $ 57,945 44.4 % Add: Depreciation and amortization 21,858 20,704 5.6 % 42,698 39,390 8.4 % Severance 713 2,660 (73.2) % 4,493 2,660 68.9 % Multiemployer pension plan withdrawal costs 1,084 1,194 (9.2) % 2,539 2,415 5.1 % Special items: Acquisition-related costs — — — — 34,712 * Lease-related impairment charge 12,736 — * 12,736 — * Adjusted operating profit $ 92,166 $ 76,219 20.9 % $ 146,141 $ 137,122 6.6 % * Represents a change equal to or in excess of 100% or not meaningful.

Basis of Presentation (Details)

Basis of Presentation (Details)	6 Months Ended
	Jun. 30, 2023 segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	2

Revenue - Subscription, Adverti

Revenue - Subscription, Advertising, and Other Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Product and service benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	100%	100%	100%	100%
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	$ 409,590	$ 383,619	$ 807,132	$ 755,598
Subscription | Product and service benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	69.30%	69%	70%	69.20%
Advertising
Disaggregation of Revenue [Line Items]
Total revenues	$ 117,770	$ 117,379	$ 224,011	$ 233,649
Advertising | Product and service benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	19.80%	21%	19.50%	21.30%
Other
Disaggregation of Revenue [Line Items]
Total revenues	$ 63,493	$ 54,682	$ 120,449	$ 103,858
Other | Product and service benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	10.90%	10%	10.50%	9.50%
Real Estate
Disaggregation of Revenue [Line Items]
Revenue not from contract with customer	$ 6,500	$ 7,200	$ 13,700	$ 14,300

Revenue - Digital-only Subscrip

Revenue - Digital-only Subscription Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	$ 409,590	$ 383,619	$ 807,132	$ 755,598
Subscription | Revenue from Contract with Customer, Subscription Revenue Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	100%	100%	100%	100%
Subscription | Digital
Disaggregation of Revenue [Line Items]
Total revenues	$ 269,774	$ 238,727	$ 528,541	$ 465,489
Subscription | Digital | Revenue from Contract with Customer, Subscription Revenue Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	65.90%	62.20%	65.50%	61.60%
Subscription | Print
Disaggregation of Revenue [Line Items]
Total revenues	$ 139,816	$ 144,892	$ 278,591	$ 290,109
Subscription | Print | Revenue from Contract with Customer, Subscription Revenue Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	34.10%	37.80%	34.50%	38.40%
Domestic home delivery subscription revenues | Print
Disaggregation of Revenue [Line Items]
Total revenues	$ 126,024	$ 131,080	$ 251,901	$ 262,472
Domestic home delivery subscription revenues | Print | Revenue from Contract with Customer, Subscription Revenue Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	30.80%	34.20%	31.20%	34.70%
Single copy, NYT International and Other subscription revenues | Print
Disaggregation of Revenue [Line Items]
Total revenues	$ 13,792	$ 13,812	$ 26,690	$ 27,637
Single copy, NYT International and Other subscription revenues | Print | Revenue from Contract with Customer, Subscription Revenue Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	3.40%	3.60%	3.30%	3.70%

Revenue - Advertising Revenues

Revenue - Advertising Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Disaggregation of Revenue [Line Items]
Total advertising	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Revenue from Contract with Customer, Advertising Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	100%	100%	100%	100%
Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 117,770	$ 117,379	$ 224,011	$ 233,649
Digital | Revenue from Contract with Customer, Advertising Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	62.70%	59%	60.30%	58.30%
Digital | Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 73,804	$ 69,292	$ 135,075	$ 136,306
Print | Revenue from Contract with Customer, Advertising Benchmark | Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	37.30%	41%	39.70%	41.70%
Print | Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 43,966	$ 48,087	$ 88,936	$ 97,343

Revenue - Performance Obligatio

Revenue - Performance Obligations (Details) $ in Millions	Jun. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 207
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 40
Remaining performance obligation, period	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 76
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 91
Remaining performance obligation, period	4 years

Revenue - Unexpired Subscriptio

Revenue - Unexpired Subscriptions (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Unexpired subscriptions revenue	$ 156,996	$ 155,945
Revenue recognized	$ 132,000

Revenue - Contract Assets (Deta

Revenue - Contract Assets (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract assets	$ 3.8	$ 3.8

Marketable Securities - Narrati

Marketable Securities - Narrative (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Line of Credit Facility [Line Items]
Pre-tax net unrealized losses in other comprehensive income	$ 7,300,000	$ 11,400,000
OTTI loss recognized	$ 0	$ 0
Short-term Marketable Securities | Minimum
Line of Credit Facility [Line Items]
Remaining maturities on short-term and long-term marketable securities	1 month
Short-term Marketable Securities | Maximum
Line of Credit Facility [Line Items]
Remaining maturities on short-term and long-term marketable securities	12 months
Long-term Marketable Securities | Minimum
Line of Credit Facility [Line Items]
Remaining maturities on short-term and long-term marketable securities	13 months
Long-term Marketable Securities | Maximum
Line of Credit Facility [Line Items]
Remaining maturities on short-term and long-term marketable securities	24 months

Marketable Securities - Availab

Marketable Securities - Available for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Short-term AFS securities
Amortized cost, short-term AFS securities	$ 175,292	$ 129,120
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(4,069)	(3,148)
Fair value, short-term AFS securities	171,223	125,972
Long-term AFS securities
Amortized cost, long-term AFS securities	96,787	147,196
Gross unrealized gains, long-term AFS securities	0	0
Gross unrealized losses, long-term AFS securities	(3,267)	(8,279)
Fair value, long-term AFS securities	93,520	138,917
Corporate debt securities
Short-term AFS securities
Amortized cost, short-term AFS securities	115,753	52,315
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(3,130)	(1,286)
Fair value, short-term AFS securities	112,623	51,029
Long-term AFS securities
Amortized cost, long-term AFS securities	39,576	115,207
Gross unrealized gains, long-term AFS securities	0	0
Gross unrealized losses, long-term AFS securities	(1,827)	(6,377)
Fair value, long-term AFS securities	37,749	108,830
U.S. governmental agency securities
Short-term AFS securities
Amortized cost, short-term AFS securities	27,805	22,806
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(414)	(722)
Fair value, short-term AFS securities	27,391	22,084
Long-term AFS securities
Amortized cost, long-term AFS securities	4,798	5,999
Gross unrealized gains, long-term AFS securities	0	0
Gross unrealized losses, long-term AFS securities	(119)	(326)
Fair value, long-term AFS securities	4,679	5,673
U.S. Treasury securities
Short-term AFS securities
Amortized cost, short-term AFS securities	27,844	45,096
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(498)	(963)
Fair value, short-term AFS securities	27,346	44,133
Long-term AFS securities
Amortized cost, long-term AFS securities	52,413	25,990
Gross unrealized gains, long-term AFS securities	0	0
Gross unrealized losses, long-term AFS securities	(1,321)	(1,576)
Fair value, long-term AFS securities	51,092	24,414
Municipal securities
Short-term AFS securities
Amortized cost, short-term AFS securities	3,890	8,903
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(27)	(177)
Fair value, short-term AFS securities	$ 3,863	$ 8,726

Marketable Securities - Avail_2

Marketable Securities - Available-for-sale Securities - Continuous Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Total short-term AFS securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	$ 5,621	$ 3,799
Gross unrealized losses, less than 12 months, short-term AFS securities	(4)	(11)
Fair value, 12 months or greater, short-term AFS securities	165,602	122,173
Gross unrealized losses, 12 months or greater, short-term AFS securities	(4,065)	(3,137)
Fair value, short-term AFS securities	171,223	125,972
Gross unrealized losses, short-term AFS securities	(4,069)	(3,148)
Municipal securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	0	0
Gross unrealized losses, less than 12 months, short-term AFS securities	0	0
Fair value, 12 months or greater, short-term AFS securities	3,863	8,726
Gross unrealized losses, 12 months or greater, short-term AFS securities	(27)	(177)
Fair value, short-term AFS securities	3,863	8,726
Gross unrealized losses, short-term AFS securities	(27)	(177)
Total long-term AFS securities
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	43,341	2,286
Gross unrealized losses, less than 12 months, long-term AFS securities	(332)	(66)
Fair value, 12 months or greater, long-term AFS securities	50,179	136,631
Gross unrealized losses, 12 months or greater, long-term AFS securities	(2,935)	(8,213)
Fair value, long-term AFS securities	93,520	138,917
Gross unrealized losses, long-term AFS securities	(3,267)	(8,279)
U.S. Treasury securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	0	0
Gross unrealized losses, less than 12 months, short-term AFS securities	0	0
Fair value, 12 months or greater, short-term AFS securities	27,346	44,133
Gross unrealized losses, 12 months or greater, short-term AFS securities	(498)	(963)
Fair value, short-term AFS securities	27,346	44,133
Gross unrealized losses, short-term AFS securities	(498)	(963)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	32,487	282
Gross unrealized losses, less than 12 months, long-term AFS securities	(249)	(9)
Fair value, 12 months or greater, long-term AFS securities	18,605	24,132
Gross unrealized losses, 12 months or greater, long-term AFS securities	(1,072)	(1,567)
Fair value, long-term AFS securities	51,092	24,414
Gross unrealized losses, long-term AFS securities	(1,321)	(1,576)
Corporate debt securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	5,621	3,799
Gross unrealized losses, less than 12 months, short-term AFS securities	(4)	(11)
Fair value, 12 months or greater, short-term AFS securities	107,002	47,230
Gross unrealized losses, 12 months or greater, short-term AFS securities	(3,126)	(1,275)
Fair value, short-term AFS securities	112,623	51,029
Gross unrealized losses, short-term AFS securities	(3,130)	(1,286)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	7,116	2,004
Gross unrealized losses, less than 12 months, long-term AFS securities	(22)	(57)
Fair value, 12 months or greater, long-term AFS securities	30,633	106,826
Gross unrealized losses, 12 months or greater, long-term AFS securities	(1,805)	(6,320)
Fair value, long-term AFS securities	37,749	108,830
Gross unrealized losses, long-term AFS securities	(1,827)	(6,377)
U.S. governmental agency securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	0	0
Gross unrealized losses, less than 12 months, short-term AFS securities	0	0
Fair value, 12 months or greater, short-term AFS securities	27,391	22,084
Gross unrealized losses, 12 months or greater, short-term AFS securities	(414)	(722)
Fair value, short-term AFS securities	27,391	22,084
Gross unrealized losses, short-term AFS securities	(414)	(722)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	3,738	0
Gross unrealized losses, less than 12 months, long-term AFS securities	(61)	0
Fair value, 12 months or greater, long-term AFS securities	941	5,673
Gross unrealized losses, 12 months or greater, long-term AFS securities	(58)	(326)
Fair value, long-term AFS securities	4,679	5,673
Gross unrealized losses, long-term AFS securities	$ (119)	$ (326)

Goodwill and Intangibles - Sche

Goodwill and Intangibles - Schedule of Goodwill Balances (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 414,046	$ 166,360
Foreign currency translation	1,135	(3,674)
Acquisition of The Athletic Media Company		249,792
Measurement period adjustments		1,568
Goodwill, ending balance	415,181	414,046
NYTG
Goodwill [Roll Forward]
Goodwill, beginning balance	162,686	166,360
Foreign currency translation	1,135	(3,674)
Acquisition of The Athletic Media Company		0
Measurement period adjustments		0
Goodwill, ending balance	163,821	162,686
The Athletic
Goodwill [Roll Forward]
Goodwill, beginning balance	251,360	0
Foreign currency translation	0	0
Acquisition of The Athletic Media Company		249,792
Measurement period adjustments		1,568
Goodwill, ending balance	$ 251,360	$ 251,360

Goodwill and Intangibles - Sc_2

Goodwill and Intangibles - Schedule of Finite-Lived Intangible Assets (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 343,270
Accumulated Amortization	(45,588)
Net Book Value	$ 297,682
Remaining Weighted-Average Useful Life (Years)	14 years 1 month 6 days
Trademark
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 162,618
Accumulated Amortization	(13,207)
Net Book Value	$ 149,411
Remaining Weighted-Average Useful Life (Years)	18 years 9 months 18 days
Existing subscriber base
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 136,500
Accumulated Amortization	(17,438)
Net Book Value	$ 119,062
Remaining Weighted-Average Useful Life (Years)	10 years 8 months 12 days
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 38,401
Accumulated Amortization	(11,712)
Net Book Value	$ 26,689
Remaining Weighted-Average Useful Life (Years)	3 years 8 months 12 days
Content archive
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 5,751
Accumulated Amortization	(3,231)
Net Book Value	$ 2,520
Remaining Weighted-Average Useful Life (Years)	2 years 6 months

Goodwill and Intangibles - Narr

Goodwill and Intangibles - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022	Dec. 31, 2022
Business Acquisition [Line Items]
Intangible assets, net	$ 302,652		$ 302,652		$ 317,314
Indefinite-lived intangible assets	5,000		5,000
The Athletic
Business Acquisition [Line Items]
Amortization expense	$ 7,300	$ 5,000	$ 14,700	$ 11,400

Goodwill and Intangibles - Sc_3

Goodwill and Intangibles - Schedule of Future Amortization (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Business Combination and Asset Acquisition [Abstract]
Remainder of 2023	$ 14,662
2024	27,487
2025	27,213
2026	26,960
2027	20,171
Thereafter	181,189
Net Book Value	$ 297,682

Investments - Non-Marketable Eq

Investments - Non-Marketable Equity Securities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Equity securities	$ 29.8	$ 29.8

Other - Narrative (Details)

Other - Narrative (Details) - USD ($)		1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 27, 2022	Jun. 30, 2023	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022	Dec. 31, 2022
Other Expense [Line Items]
Severance			$ 713,000	$ 2,660,000	$ 4,493,000	$ 2,660,000
Severance liability		$ 5,600,000	5,600,000		5,600,000		$ 4,400,000
Lease-related impairment charge		7,600,000	12,736,000	0	12,736,000	0
Impairment of fixed assets		5,100,000
Severance | Selling, General and Administrative Expenses
Other Expense [Line Items]
Severance			700,000	2,700,000	4,500,000	2,700,000
Credit Facility
Other Expense [Line Items]
Unsecured revolving credit facility, unused commitment fee (quarterly)	0.20%
Credit Facility | Amended Credit Facility
Other Expense [Line Items]
Unsecured revolving credit facility, maximum borrowing capacity	$ 350,000,000
Line of credit facility, outstanding borrowings		0	0		0		0
Letters of credit outstanding		$ 600,000	600,000		600,000		$ 600,000
Capitalized Computer Software Costs
Other Expense [Line Items]
Capitalized computer software amortization			$ 1,800,000	$ 1,900,000	$ 3,600,000	$ 3,900,000

Other - Interest Income and Oth

Other - Interest Income and Other, Net (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Apr. 11, 2022	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Other Income and Expenses [Abstract]
Interest income		$ 4,754	$ 1,535	$ 8,165	$ 2,757
Gain on the sale of land		0	34,227	0	34,227
Interest expense		(237)	(158)	(475)	(305)
Total interest income and other, net		$ 4,517	$ 35,604	$ 7,690	$ 36,679
Parcel to the lessor, amount	$ 36,000
Gain on lease commencement	$ 34,000

Other - Reconciliation of Cash,

Other - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 26, 2022	Dec. 26, 2021
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	$ 245,630	$ 221,385	$ 161,342
Restricted cash included within miscellaneous assets	14,107		14,396
Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	$ 259,737	$ 235,173	$ 175,738	$ 334,306

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	$ 171,223	$ 125,972
Long-term AFS securities	93,520	138,917
Deferred compensation plan assets	51,100	48,400
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	112,623	51,029
Long-term AFS securities	37,749	108,830
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	27,346	44,133
Long-term AFS securities	51,092	24,414
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	3,863	8,726
Estimate of Fair Value Measurement | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	12,979	14,635
Contingent consideration	5,464	5,324
Estimate of Fair Value Measurement | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	12,979	14,635
Contingent consideration	0	0
Estimate of Fair Value Measurement | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	0	0
Contingent consideration	0	0
Estimate of Fair Value Measurement | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	0	0
Contingent consideration	5,464	5,324
Estimate of Fair Value Measurement | Recurring | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	171,223	125,972
Long-term AFS securities	93,520	138,917
Estimate of Fair Value Measurement | Recurring | Debt Securities | Level 1
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
Estimate of Fair Value Measurement | Recurring | Debt Securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	171,223	125,972
Long-term AFS securities	93,520	138,917
Estimate of Fair Value Measurement | Recurring | Debt Securities | Level 3
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
Estimate of Fair Value Measurement | Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	112,623	51,029
Long-term AFS securities	37,749	108,830
Estimate of Fair Value Measurement | Recurring | Corporate debt securities | Level 1
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
Estimate of Fair Value Measurement | Recurring | Corporate debt securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	112,623	51,029
Long-term AFS securities	37,749	108,830
Estimate of Fair Value Measurement | Recurring | Corporate debt securities | Level 3
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
Estimate of Fair Value Measurement | Recurring | U.S. governmental agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	27,391	22,084
Long-term AFS securities	4,679	5,673
Estimate of Fair Value Measurement | Recurring | U.S. governmental agency securities | Level 1
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
Estimate of Fair Value Measurement | Recurring | U.S. governmental agency securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	27,391	22,084
Long-term AFS securities	4,679	5,673
Estimate of Fair Value Measurement | Recurring | U.S. governmental agency securities | Level 3
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
Estimate of Fair Value Measurement | Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	27,346	44,133
Long-term AFS securities	51,092	24,414
Estimate of Fair Value Measurement | Recurring | U.S. Treasury securities | Level 1
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
Estimate of Fair Value Measurement | Recurring | U.S. Treasury securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	27,346	44,133
Long-term AFS securities	51,092	24,414
Estimate of Fair Value Measurement | Recurring | U.S. Treasury securities | Level 3
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
Estimate of Fair Value Measurement | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	3,863	8,726
Estimate of Fair Value Measurement | Recurring | Municipal securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	0	0
Estimate of Fair Value Measurement | Recurring | Municipal securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	3,863	8,726
Estimate of Fair Value Measurement | Recurring | Municipal securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	$ 0	$ 0

Fair Value Measurements - Chang

Fair Value Measurements - Change in Balance of Contingent Consideration (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration redemption period (in years)			5 years
Contingent Consideration | Recurring
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at the beginning of the period	$ 4,392	$ 5,858	$ 5,324	$ 7,450
Payments	0	0	(1,724)	(1,724)
Fair value adjustments	1,072	0	1,864	132
Contingent consideration at the end of the period	$ 5,464	$ 5,858	$ 5,464	$ 5,858

Pension and Other Postretirem_3

Pension and Other Postretirement Benefits - Pension Benefits - Net Periodic Pension (Income)/Cost (Details) - Pension Plan - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Pension Benefits
Service cost	$ 1,417	$ 2,882	$ 2,835	$ 5,763
Interest cost	16,494	10,121	32,987	20,243
Expected return on plan assets	(19,122)	(13,807)	(38,245)	(27,615)
Amortization of actuarial loss	1,553	4,909	3,107	9,819
Amortization of prior service credit	(486)	(486)	(972)	(972)
Net periodic pension (income)/cost or postretirement benefit cost	(144)	3,619	(288)	7,238
Qualified Plans
Pension Benefits
Service cost	1,417	2,882	2,835	5,763
Interest cost	14,198	8,837	28,396	17,675
Expected return on plan assets	(19,122)	(13,807)	(38,245)	(27,615)
Amortization of actuarial loss	663	3,266	1,327	6,532
Amortization of prior service credit	(486)	(486)	(972)	(972)
Net periodic pension (income)/cost or postretirement benefit cost	(3,330)	692	(6,659)	1,383
Non- Qualified Plans
Pension Benefits
Service cost	0	0	0	0
Interest cost	2,296	1,284	4,591	2,568
Expected return on plan assets	0	0	0	0
Amortization of actuarial loss	890	1,643	1,780	3,287
Amortization of prior service credit	0	0	0	0
Net periodic pension (income)/cost or postretirement benefit cost	$ 3,186	$ 2,927	$ 6,371	$ 5,855

Pension and Other Postretirem_4

Pension and Other Postretirement Benefits - Narrative (Details) - Qualified Plans - Pension Plan - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022
Pension Benefits
Pension contributions	$ 4.5	$ 5.1
Expected future employer contributions	$ 10

Pension and Other Postretirem_5

Pension and Other Postretirement Benefits - Other Postretirement Benefits (Details) - Other Postretirement Benefit Plan - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Pension Benefits
Service cost	$ 8	$ 11	$ 17	$ 23
Interest cost	375	183	750	365
Amortization of actuarial loss	486	823	972	1,647
Amortization of prior service credit	0	(132)	0	(368)
Net periodic pension (income)/cost or postretirement benefit cost	$ 869	$ 885	$ 1,739	$ 1,667

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Tax Contingency [Line Items]
Income tax expense	$ 14,402	$ 23,864	$ 23,839	$ 24,976
Effective income tax rate	23.60%	27.90%	25.70%	27.30%
Tax Cuts and Jobs Act, decrease in cash from operations from research and development amortization period						$ 60,000
Forecast
Income Tax Contingency [Line Items]
Tax Cuts and Jobs Act, decrease in cash from operations from research and development amortization period					$ 45,000

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	300,000		500,000
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	200,000	1,400,000	1,700,000	300,000
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	0

Supplemental Stockholders' Eq_3

Supplemental Stockholders' Equity Information - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		17 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Feb. 28, 2023	Feb. 28, 2022
Class of Stock [Line Items]
Stock repurchase program, authorized amount						$ 250,000	$ 150,000
Share repurchases	$ 12,871	$ 25,435	$ 43,591	$ 54,469
Stock repurchase program, remaining authorized repurchase amount	$ 251,400		251,400		$ 251,400
Class A Common Stock
Class of Stock [Line Items]
Share repurchases			$ 43,600		$ 148,600

Supplemental Stockholders' Eq_4

Supplemental Stockholders' Equity Information - Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	$ 1,576,790	$ 1,495,076	$ 1,599,972	$ 1,540,725
Other comprehensive income before reclassifications, before tax			5,232
Amounts reclassified from accumulated other comprehensive loss, before tax			3,106
Income tax expense			2,173
Net current-period other comprehensive income, net of tax	2,456	(100)	6,165	(3,835)
Balance, end of period	1,607,220	1,540,134	1,607,220	1,540,134
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			(510)
Other comprehensive income before reclassifications, before tax			1,134
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			266
Net current-period other comprehensive income, net of tax			868
Balance, end of period	358		358
Funded Status of Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			(348,947)
Other comprehensive income before reclassifications, before tax			0
Amounts reclassified from accumulated other comprehensive loss, before tax			3,106
Income tax expense			822
Net current-period other comprehensive income, net of tax			2,284
Balance, end of period	(346,663)		(346,663)
Net Unrealized Loss on Available-For-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			(8,390)
Other comprehensive income before reclassifications, before tax			4,098
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			1,085
Net current-period other comprehensive income, net of tax			3,013
Balance, end of period	(5,377)		(5,377)
Total Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	(354,138)	(386,937)	(357,847)	(383,202)
Net current-period other comprehensive income, net of tax	2,456	(100)	6,165	(3,835)
Balance, end of period	$ (351,682)	$ (387,037)	$ (351,682)	$ (387,037)

Supplemental Stockholders' Eq_5

Supplemental Stockholders' Equity Information - Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other components of net periodic benefit (income)/costs	$ (684)	$ 1,624	$ (1,369)	$ 3,146
Total reclassification, before tax	(60,976)	(85,641)	(92,734)	(91,478)
Income tax expense	(14,402)	(23,864)	(23,839)	(24,976)
Total reclassification, net of tax	$ (46,574)	$ (61,777)	(68,895)	$ (66,502)
Amounts reclassified from accumulated other comprehensive loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassification, before tax			3,106
Income tax expense			822
Total reclassification, net of tax			2,284
Amounts reclassified from accumulated other comprehensive loss | Amortization of prior service credit
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other components of net periodic benefit (income)/costs			(972)
Amounts reclassified from accumulated other comprehensive loss | Amortization of actuarial loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other components of net periodic benefit (income)/costs			$ 4,078

Supplemental Stockholders' Eq_6

Supplemental Stockholders' Equity Information - Total Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 26, 2022	Jun. 30, 2023	Jun. 26, 2022
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 13,253	$ 8,982	$ 24,153	$ 16,036
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	3,067	2,030	5,297	3,619
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	444	304	864	669
Product development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	5,034	2,848	8,918	4,599
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 4,708	$ 3,800	$ 9,074	$ 7,149

Segment Information - Narrative

Segment Information - Narrative (Details) - segment	6 Months Ended
	Jun. 30, 2023	Apr. 01, 2023
Segment Reporting Information [Line Items]
Number of reportable segments	2
The Athletic | Subscription
Segment Reporting Information [Line Items]
Percentage of revenue allocation		10%
The Athletic | Product Development, Marketing and Subscriber Servicing Expenses
Segment Reporting Information [Line Items]
Percentage of revenue allocation		10%

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Revenues, percent change	0.063		0.054
Total operating costs	$ 522,342	504,019	$ 1,055,181	1,000,448
Adjusted operating costs, total	$ 498,687	479,461	$ 1,005,451	955,983
Adjusted operating costs, total, percent change	0.040		0.052
Adjusted operating profit	$ 92,166	76,219	$ 146,141	137,122
Adjusted operating profit, percent change	0.209		0.066
NYTG
Segment Reporting Information [Line Items]
Total revenues	$ 560,494	536,134	$ 1,093,276	1,061,402
Revenues, percent change	0.045		0.030
Total operating costs	$ 460,525	447,316	$ 928,020	904,860
Total, percent change	0.030		0.026
Adjusted operating profit	$ 99,969	$ 88,818	$ 165,256	$ 156,542
Adjusted operating profit, percent change	0.126		0.056
Adjusted operating profit margin, percent	17.80%	16.60%	15.10%	14.70%
Adjusted operating profit margin, percent change	1.20%		0.40%
The Athletic
Segment Reporting Information [Line Items]
Total revenues	$ 30,359	$ 19,546	$ 58,316	$ 31,703
Revenues, percent change	0.553		0.839
Total operating costs	$ 38,162	32,145	$ 77,431	51,123
Total, percent change	0.187		0.515
Adjusted operating profit	$ (7,803)	$ (12,599)	$ (19,115)	$ (19,420)
Adjusted operating profit, percent change	(0.381)		(0.016)

Segment Information - Revenues

Segment Information - Revenues Detail by Segment (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 590,853	$ 555,680	$ 1,151,592	$ 1,093,105
Revenues, percent change	0.063		0.054
Subscription
Segment Reporting Information [Line Items]
Total revenues	$ 409,590	383,619	$ 807,132	755,598
Revenues, percent change	0.068		0.068
Advertising
Segment Reporting Information [Line Items]
Total revenues	$ 117,770	117,379	$ 224,011	233,649
Revenues, percent change	0.003		(0.041)
Other
Segment Reporting Information [Line Items]
Total revenues	$ 63,493	54,682	$ 120,449	103,858
Revenues, percent change	0.161		0.160
NYTG
Segment Reporting Information [Line Items]
Total revenues	$ 560,494	536,134	$ 1,093,276	1,061,402
Revenues, percent change	0.045		0.030
NYTG | Subscription
Segment Reporting Information [Line Items]
Total revenues	$ 385,037	366,620	$ 759,193	728,222
Revenues, percent change	0.050		0.043
NYTG | Advertising
Segment Reporting Information [Line Items]
Total revenues	$ 112,329	114,832	$ 214,419	229,322
Revenues, percent change	(0.022)		(0.065)
NYTG | Other
Segment Reporting Information [Line Items]
Total revenues	$ 63,128	54,682	$ 119,664	103,858
Revenues, percent change	0.154		0.152
The Athletic
Segment Reporting Information [Line Items]
Total revenues	$ 30,359	19,546	$ 58,316	31,703
Revenues, percent change	0.553		0.839
The Athletic | Subscription
Segment Reporting Information [Line Items]
Total revenues	$ 24,553	16,999	$ 47,939	27,376
Revenues, percent change	0.444		0.751
The Athletic | Advertising
Segment Reporting Information [Line Items]
Total revenues	$ 5,441	2,547	$ 9,592	4,327
The Athletic | Other
Segment Reporting Information [Line Items]
Total revenues	$ 365	$ 0	$ 785	$ 0

Segment Information - Adjusted

Segment Information - Adjusted Operating Costs Detail by Segment (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)
Segment Reporting Information [Line Items]
Cost of revenue (excluding depreciation and amortization)	$ 309,923	$ 300,583	$ 616,775	$ 581,948
Cost of revenue, percent change	0.031		0.060
Sales and marketing	$ 62,241	62,769	$ 129,275	140,357
Sales and marketing, percent change	(0.008)		(0.079)
Product development	$ 56,047	50,822	$ 113,109	98,255
Product development, percent change	0.103		0.151
Adjusted general and administrative	$ 70,476	65,287	$ 146,292	135,423
Adjusted general and administrative, percent change	0.079		0.080
Total operating costs	$ 522,342	504,019	$ 1,055,181	1,000,448
Adjusted operating costs, total	$ 498,687	479,461	$ 1,005,451	955,983
Adjusted operating costs, total, percent change	0.040		0.052
Severance	$ 713	2,660	$ 4,493	2,660
Multiemployer pension plan withdrawal costs	1,084	1,194	2,539	2,415
NYTG
Segment Reporting Information [Line Items]
Cost of revenue (excluding depreciation and amortization)	$ 287,789	279,985	$ 572,112	549,460
Cost of revenue, percent change	0.028		0.041
Sales and marketing	$ 54,247	58,183	$ 113,179	132,643
Sales and marketing, percent change	(0.068)		(0.147)
Product development	$ 50,049	46,773	$ 100,880	91,952
Product development, percent change	0.070		0.097
Adjusted general and administrative	$ 68,440	62,375	$ 141,849	130,805
Adjusted general and administrative, percent change	0.097		0.084
Total operating costs	$ 460,525	447,316	$ 928,020	904,860
Total, percent change	0.030		0.026
Severance	$ 0	2,500	$ 3,300	2,500
Multiemployer pension plan withdrawal costs	1,100	1,200	2,500	2,400
The Athletic
Segment Reporting Information [Line Items]
Cost of revenue (excluding depreciation and amortization)	$ 22,134	20,598	$ 44,663	32,488
Cost of revenue, percent change	0.075		0.375
Sales and marketing	$ 7,994	4,586	$ 16,096	7,714
Sales and marketing, percent change	0.743
Product development	$ 5,998	4,049	$ 12,229	6,303
Product development, percent change	0.481		0.940
Adjusted general and administrative	$ 2,036	2,912	$ 4,443	4,618
Adjusted general and administrative, percent change	(0.301)		(0.038)
Total operating costs	$ 38,162	32,145	$ 77,431	51,123
Total, percent change	0.187		0.515
Severance	$ 700	$ 200	$ 1,200	$ 200

Segment Information - Reconcili

Segment Information - Reconciliation of Operating Costs and Profit (Details) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 26, 2022 USD ($)
Segment Reporting [Abstract]
Total operating costs		$ 522,342	$ 504,019	$ 1,055,181	$ 1,000,448
Operating costs, percent change		0.036		0.055
Operating profit		$ 55,775	51,661	$ 83,675	57,945
Operating profit, percent change		0.080		0.444
Depreciation and amortization		$ 21,858	20,704	$ 42,698	39,390
Depreciation and amortization, percent change		0.056		0.084
Severance		$ 713	2,660	$ 4,493	2,660
Severance, percent change		(73.20%)		68.90%
Multiemployer pension plan withdrawal costs		$ 1,084	1,194	$ 2,539	2,415
Multiemployer pension plan withdrawal costs, percent change		(0.092)		0.051
Adjusted operating costs		$ 498,687	479,461	$ 1,005,451	955,983
Adjusted operating costs, percent change		0.040		0.052
Acquisition-related costs		$ 0	0	$ 0	34,712
Lease-related impairment charge	$ 7,600	12,736	0	12,736	0
Adjusted operating profit		$ 92,166	$ 76,219	$ 146,141	$ 137,122
Adjusted operating profit, percent change		0.209		0.066