The New York Times Company (NYT) 10-Q4 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2024	Nov. 01, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		163,173,722
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	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 204,620	$ 289,472
Short-term marketable securities	288,325	162,094
Accounts receivable (net of allowances of $11,770 as of September 30, 2024 and $12,800 as of December 31, 2023)	188,947	242,488
Prepaid expenses	44,927	59,712
Other current assets	68,161	27,887
Total current assets	794,980	781,653
Other assets
Long-term marketable securities	327,435	257,633
Property, plant and equipment (less accumulated depreciation and amortization of $903,880 as of September 30, 2024 and $870,329 as of December 31, 2023)	495,056	514,245
Goodwill	416,782	416,098
Intangible assets, net	264,810	285,490
Deferred income taxes	131,497	114,505
Miscellaneous assets	331,541	344,971
Total assets	2,762,101	2,714,595
Current liabilities
Accounts payable	137,104	116,942
Accrued payroll and other related liabilities	146,105	174,316
Unexpired subscriptions revenue	177,215	172,772
Accrued expenses and other	129,174	147,529
Total current liabilities	589,598	611,559
Other liabilities
Pension benefits obligation	211,334	219,451
Postretirement benefits obligation	18,770	19,402
Other	90,347	100,964
Total other liabilities	320,451	339,817
Common stock of $.10 par value:
Additional paid-in capital	334,601	301,287
Retained earnings	2,222,977	2,117,839
Common stock held in treasury, at cost	(381,569)	(320,820)
Accumulated other comprehensive loss, net of income taxes:
Foreign currency translation adjustments	1,087	910
Funded status of benefit plans	(346,021)	(353,286)
Net unrealized gain/(loss) on available-for-sale securities	3,123	(486)
Total accumulated other comprehensive loss, net of income taxes	(341,811)	(352,862)
Total stockholders’ equity	1,852,052	1,763,219
Total liabilities and stockholders’ equity	2,762,101	2,714,595
Class A Common Stock
Common stock of $.10 par value:
Common stock value	17,776	17,697
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	Sep. 30, 2024	Dec. 31, 2023
Accounts receivable, allowance for credit loss	$ 11,770	$ 12,800
Accumulated depreciation and amortization	$ 903,880	$ 870,329
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)	177,746,886	176,951,162
Treasury shares (in shares)	14,442,932	13,189,925
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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Total revenues	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
Operating costs
Cost of revenue (excluding depreciation and amortization)	331,839	311,135	971,480	927,910
Sales and marketing	69,131	62,635	195,568	191,910
Product development	61,030	57,433	186,435	170,542
General and administrative	76,209	81,870	231,894	235,194
Depreciation and amortization	20,622	21,475	61,865	64,173
Generative AI Litigation Costs	4,620	0	7,592	0
Impairment charges	0	2,503	0	15,239
Multiemployer pension plan liability adjustment	0	(2,273)	0	(2,273)
Total operating costs	563,451	534,778	1,654,834	1,602,695
Operating profit	76,727	63,567	204,456	147,242
Other components of net periodic benefit (costs)/income	(1,050)	684	(3,124)	2,053
Interest income and other, net	9,366	5,736	26,449	13,426
Interest income	9,626	6,016	27,212	14,182
Income before income taxes	85,043	69,987	227,781	162,721
Income tax expense	20,900	16,372	57,681	40,211
Net income	$ 64,143	$ 53,615	$ 170,100	$ 122,510
Average number of common shares outstanding:
Basic (in shares)	164,419	164,568	164,535	164,752
Diluted (in shares)	165,847	165,406	165,834	165,436
Basic earnings per share attributable to common stockholders (in usd per share)	$ 0.39	$ 0.33	$ 1.03	$ 0.74
Diluted earnings per share attributable to common stockholders (in usd per share)	0.39	0.32	1.03	0.74
Dividends declared per share (in usd per share)	$ 0.13	$ 0.11	$ 0.39	$ 0.33
Subscription
Revenues
Total revenues	$ 453,327	$ 418,577	$ 1,321,654	$ 1,225,709
Advertising
Revenues
Total revenues	118,370	117,113	341,244	341,124
Other
Revenues
Total revenues	$ 68,481	$ 62,655	$ 196,392	$ 183,104

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 64,143	$ 53,615	$ 170,100	$ 122,510
Other comprehensive income, before tax:
Gain/(loss) on foreign currency translation adjustments	2,675	(2,333)	241	(1,199)
Pension and postretirement benefits obligation	3,287	1,550	9,890	4,656
Net unrealized gain on available-for-sale securities	5,556	1,886	4,889	5,984
Other comprehensive income, before tax	11,518	1,103	15,020	9,441
Income tax expense	3,017	290	3,969	2,463
Other comprehensive income, net of tax	8,501	813	11,051	6,978
Comprehensive income attributable to common stockholders	$ 72,644	$ 54,428	$ 181,151	$ 129,488

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. 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	122,510	122,510			122,510
Dividends	(55,065)	(55,065)			(55,065)
Other comprehensive (loss) income	6,978	6,978					6,978
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(11,182)	(11,182)	44	(11,226)
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	38,716	38,716		38,716
Balance, end of period at Sep. 30, 2023	1,655,240	1,653,235	17,761	279,897	2,026,304	(319,858)	(350,869)	2,005
Balance, beginning 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	53,615	53,615			53,615
Dividends	(18,340)	(18,340)			(18,340)
Other comprehensive (loss) income	813	813					813
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(2,631)	(2,631)	10	(2,641)
Stock-based compensation	14,563	14,563		14,563
Balance, end of period at Sep. 30, 2023	1,655,240	1,653,235	17,761	279,897	2,026,304	(319,858)	(350,869)	2,005
Balance, beginning of period at Dec. 31, 2023	1,763,219	1,763,219	17,775	301,287	2,117,839	(320,820)	(352,862)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	170,100	170,100			170,100
Dividends	(64,962)	(64,962)			(64,962)
Other comprehensive (loss) income	11,051	11,051					11,051
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(18,388)	(18,388)	60	(18,448)
Performance-based awards - Class A shares	(2,688)	(2,688)	8	(2,696)
Employee stock purchase plan – Class A shares	4,589	4,589	11	4,578
Share repurchases - Class A shares	(60,749)	(60,749)				(60,749)
Stock-based compensation	49,880	49,880		49,880
Balance, end of period at Sep. 30, 2024	1,852,052	1,852,052	17,854	334,601	2,222,977	(381,569)	(341,811)	0
Balance, beginning of period at Jun. 30, 2024	1,804,986	1,804,986	17,848	320,111	2,180,425	(363,086)	(350,312)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	64,143	64,143			64,143
Dividends	(21,591)	(21,591)			(21,591)
Other comprehensive (loss) income	8,501	8,501					8,501
Issuance of stock-based awards, net of withholding taxes:
Restricted stock units vested - Class A shares	(2,494)	(2,494)	6	(2,500)
Share repurchases - Class A shares	(18,483)	(18,483)				(18,483)
Stock-based compensation	16,990	16,990		16,990
Balance, end of period at Sep. 30, 2024	$ 1,852,052	$ 1,852,052	$ 17,854	$ 334,601	$ 2,222,977	$ (381,569)	$ (341,811)	$ 0

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Stockholders' Equity [Abstract]
Restricted stock unit vested (in shares)	64,699	87,054	597,221	416,289
Performance-based awards (in shares)			85,703	106,419
Employee stock purchase plan (in shares)			112,800
Share repurchases (in shares)	341,456		1,253,007	1,161,017

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 170,100	$ 122,510
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	61,865	64,173
Amortization of right of use asset	6,773	7,184
Stock-based compensation expense	49,880	38,716
Multiemployer pension plan liability adjustment	0	(2,273)
Impairment charges	0	15,239
Change in long-term retirement benefit obligations	(18,110)	(21,339)
Contingent consideration fair value adjustment	294	2,813
Other – net	(4,493)	(2,839)
Changes in operating assets and liabilities:
Accounts receivable – net	53,541	53,494
Other assets	7,035	9
Accounts payable, accrued payroll and other liabilities	(77,094)	(59,698)
Unexpired subscriptions	4,443	690
Other noncurrent assets and liabilities	4,582	5,421
Net cash provided by operating activities	258,816	224,100
Cash flows from investing activities
Purchases of marketable securities	(337,107)	(186,018)
Maturities of marketable securities	159,464	100,515
Capital expenditures	(21,115)	(16,539)
Other – net	1,299	4,754
Net cash used in investing activities	(197,459)	(97,288)
Long-term obligations:
Dividends paid	(61,500)	(51,360)
Payment of contingent consideration	(1,724)	(2,586)
Capital shares:
Repurchases	(60,341)	(43,591)
Share-based compensation tax withholding	(21,076)	(14,279)
Net cash used in financing activities	(144,641)	(111,816)
Net (decrease)/increase in cash, cash equivalents and restricted cash	(83,284)	14,996
Effect of exchange rate changes on cash	(1,025)	(310)
Cash, cash equivalents and restricted cash at the beginning of the period	303,172	235,173
Cash, cash equivalents and restricted cash at the end of the period	$ 218,863	$ 249,859

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION In the opinion of management of The New York Times Company (the “Company”), the Condensed Consolidated Financial Statements present fairly the financial position of the Company as of September 30, 2024, and December 31, 2023, and the results of operations, changes in stockholders’ equity and cash flows of the Company for the periods ended September 30, 2024, and September 30, 2023. 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, 2023. 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 nine months of 2024 includes an additional day compared with the first nine months of 2023 as a result of 2024 being a leap 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	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As of September 30, 2024, our significant accounting policies, which are detailed in our Annual Report on Form 10-K for the year ended December 31, 2023, have not changed. Recently Issued Accounting Pronouncements Accounting Standard Updates Topic Effective Period Summary 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures Fiscal years, beginning after December 15, 2024. Early adoption is permitted. Requires entities to provide disaggregated income tax disclosures on the rate reconciliation and income taxes paid. We are currently in the process of evaluating the impact of this guidance on the Company’s disclosures. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Fiscal years, beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. Requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items to reconcile to segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also expand the interim segment disclosure requirements. We expect this ASU to impact only our disclosures with no impact to our statement of operations, cash flows and balance sheet.

Revenue

Revenue	9 Months Ended
Revenue	Sep. 30, 2024
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 digital-only subscriptions and copies of the printed newspaper sold, 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 open-market 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 (including direct-sold programmatic advertising). 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 (including direct-sold programmatic advertising) 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”), our live events business, books, television and film, retail commerce and our student subscription sponsorship program. Subscription, advertising and other revenues were as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Subscription $ 453,327 70.8 % $ 418,577 70.0 % $ 1,321,654 71.1 % $ 1,225,709 70.0 % Advertising 118,370 18.5 % 117,113 19.6 % 341,244 18.4 % 341,124 19.5 % Other (1) 68,481 10.7 % 62,655 10.4 % 196,392 10.5 % 183,104 10.5 % Total $ 640,178 100.0 % $ 598,345 100.0 % $ 1,859,290 100.0 % $ 1,749,937 100.0 % (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 $6.6 million and $6.8 million for the third quarters of 2024 and 2023, respectively, and $19.9 million and $20.5 million for the first nine months of 2024 and 2023, respectively. The following table summarizes digital and print subscription revenues, which are components of subscription revenues above, for the third quarters and first nine months ended September 30, 2024, and September 30, 2023: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Digital-only subscription revenues (1) $ 322,198 71.1 % $ 282,228 67.4 % $ 919,677 69.6 % $ 810,770 66.1 % Print subscription revenues (2) 131,129 28.9 % 136,349 32.6 % 401,977 30.4 % 414,939 33.9 % Total subscription revenues $ 453,327 100.0 % $ 418,577 100.0 % $ 1,321,654 100.0 % $ 1,225,709 100.0 % (1) Includes revenue from bundled and standalone subscriptions to our news product, as well as to The Athletic and our Cooking, Games and Wirecutter products. (2) Includes domestic home-delivery subscriptions, which include access to our digital products. Also includes single-copy, NYT International and Other subscription revenues. The following table summarizes digital and print advertising revenues, which are components of advertising revenues above, for the third quarters and first nine months ended September 30, 2024, and September 30, 2023: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Advertising revenues: Digital $ 81,564 68.9 % $ 75,001 64.0 % $ 224,166 65.7 % $ 210,076 61.6 % Print 36,806 31.1 % 42,112 36.0 % 117,078 34.3 % 131,048 38.4 % Total advertising $ 118,370 100.0 % $ 117,113 100.0 % $ 341,244 100.0 % $ 341,124 100.0 % Performance Obligations We have remaining performance obligations related to digital archive and other licensing and certain advertising contracts. As of September 30, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligations for contracts with a duration greater than one year was approximately $174 million. The Company will recognize this revenue as performance obligations are satisfied. We expect that approximately $33 million, $91 million and $50 million will be recognized in the remainder of 2024, 2025 and thereafter through 2030, 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, 2023, were $172.8 million, of which approximately $161 million was recognized as revenues during the nine months ended September 30, 2024. Contract Assets As of September 30, 2024, and December 31, 2023, the Company had $3.3 million and $3.5 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	9 Months Ended
Marketable Securities	Sep. 30, 2024
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 $4.2 million and $0.7 million of pre-tax net unrealized gains and losses, respectively, in Accumulated other comprehensive income (“AOCI”) as of September 30, 2024, and December 31, 2023, respectively. The following tables present the amortized cost, gross unrealized gains and losses, and fair market value of our AFS securities as of September 30, 2024, and December 31, 2023: September 30, 2024 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities U.S. Treasury securities $ 167,580 $ 614 $ (8) $ 168,186 Corporate debt securities 114,689 527 (10) 115,206 U.S. governmental agency securities 4,945 — (12) 4,933 Total short-term AFS securities $ 287,214 $ 1,141 $ (30) $ 288,325 Long-term AFS securities Corporate debt securities $ 186,724 $ 1,906 $ (13) $ 188,617 U.S. Treasury securities 137,605 1,228 (15) 138,818 Total long-term AFS securities $ 324,329 $ 3,134 $ (28) $ 327,435 December 31, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities U.S. Treasury securities $ 48,721 $ 55 $ (667) $ 48,109 Corporate debt securities 109,891 6 (1,828) 108,069 U.S. governmental agency securities 6,000 — (84) 5,916 Total short-term AFS securities $ 164,612 $ 61 $ (2,579) $ 162,094 Long-term AFS securities Corporate debt securities $ 103,061 $ 886 $ (5) $ 103,942 U.S. Treasury securities 148,878 1,023 (42) 149,859 U.S. governmental agency securities 3,857 — (25) 3,832 Total long-term AFS securities $ 255,796 $ 1,909 $ (72) $ 257,633 The following tables represent the AFS securities as of September 30, 2024, and December 31, 2023, 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: September 30, 2024 Less than 12 Months 12 Months or Greater Total (In thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Short-term AFS securities U.S. Treasury securities $ 4,926 $ — $ 6,286 $ (8) $ 11,212 $ (8) Corporate debt securities 10,543 (3) 6,143 (7) 16,686 (10) U.S. governmental agency securities — — 4,933 (12) 4,933 (12) Total short-term AFS securities $ 15,469 $ (3) $ 17,362 $ (27) $ 32,831 $ (30) Long-term AFS securities Corporate debt securities $ 13,277 $ (13) $ — $ — $ 13,277 $ (13) U.S. Treasury securities 13,950 (15) — — 13,950 (15) Total long-term AFS securities $ 27,227 $ (28) $ — $ — $ 27,227 $ (28) December 31, 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 U.S. Treasury securities $ 995 $ (1) $ 24,978 $ (666) $ 25,973 $ (667) Corporate debt securities 5,819 (5) 99,504 (1,823) 105,323 (1,828) U.S. governmental agency securities — — 5,916 (84) 5,916 (84) Total short-term AFS securities $ 6,814 $ (6) $ 130,398 $ (2,573) $ 137,212 $ (2,579) Long-term AFS securities Corporate debt securities $ 2,451 $ — $ 245 $ (5) $ 2,696 $ (5) U.S. Treasury securities 14,792 (36) 290 (6) 15,082 (42) U.S. governmental agency securities 3,832 (25) — — 3,832 (25) Total long-term AFS securities $ 21,075 $ (61) $ 535 $ (11) $ 21,610 $ (72) We assess our AFS securities for impairment on a quarterly basis or more often if a potential loss-triggering event occurs. As of September 30, 2024, and December 31, 2023, we did not intend to sell and it was not likely that we would be required to sell these investments before recovery of their amortized cost basis, which may be at maturity. Unrealized losses related to these investments are primarily due to interest rate fluctuations as opposed to changes in credit quality. Therefore, as of September 30, 2024, and December 31, 2023, we have recognized no impairment losses or allowance for credit losses related to AFS securities. As of September 30, 2024, our short-term and long-term marketable securities had remaining maturities of less than one month to 12 months and 13 months to 27 months, respectively. See Note 8 for more information regarding the fair value of our marketable securities.

Goodwill and Intangibles

Goodwill and Intangibles	9 Months Ended
Goodwill and Intangibles	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLES	GOODWILL AND INTANGIBLES The changes in the carrying amount of goodwill as of September 30, 2024, and since December 31, 2022, were as follows: (In thousands) NYTG The Athletic Total Balance as of December 31, 2022 $ 162,686 $ 251,360 $ 414,046 Foreign currency translation 2,052 — 2,052 Balance as of December 31, 2023 164,738 251,360 416,098 Foreign currency translation 684 — 684 Balance as of September 30, 2024 $ 165,422 $ 251,360 $ 416,782 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 September 30, 2024 and December 31, 2023, the gross book value and accumulated amortization of the intangible assets with definite lives were as follows: September 30, 2024 (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (23,951) $ 138,667 17.6 Existing subscriber base 136,500 (31,500) 105,000 9.5 Developed technology 38,401 (20,885) 17,516 2.4 Content archive 5,751 (4,601) 1,150 1.9 Total finite-lived intangibles $ 343,270 $ (80,937) $ 262,333 13.3 December 31, 2023 (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (17,767) $ 144,851 18.3 Existing subscriber base 136,500 (23,062) 113,438 10.2 Developed technology 38,401 (15,381) 23,020 3.2 Content archive 5,751 (4,047) 1,704 2.5 Total finite-lived intangibles $ 343,270 $ (60,257) $ 283,013 13.7 Amortization expense for intangible assets included in Depreciation and amortization in our Condensed Consolidated Statements of Operations was $6.8 million and $7.3 million for the third quarters of 2024 and 2023, respectively, and $20.7 million and $22.0 million for the first nine months of 2024, and 2023, respectively. The estimated aggregate amortization expense for the remainder of 2024 and each of the following fiscal years ending December 31 is presented below: (In thousands) Remainder of 2024 $ 6,799 2025 27,213 2026 26,960 2027 20,171 2028 19,335 Thereafter 161,855 Total amortization expense $ 262,333 The aggregate carrying amount of intangible assets of $264.8 million, which includes an indefinite-lived intangible of $2.5 million, is included in Intangible assets, net in our Condensed Consolidated Balance Sheet as of September 30, 2024.

Investments

Investments	9 Months Ended
Investments	Sep. 30, 2024
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 equity securities revalued, sold or impaired are recognized in Interest income and other, net in our Condensed Consolidated Statements of Operations. As of September 30, 2024, and December 31, 2023, non-marketable equity securities included in Miscellaneous assets in our Condensed Consolidated Balance Sheets had a carrying value of $29.7 million.

Other

Other	9 Months Ended
Other	Sep. 30, 2024
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 $1.7 million and $2.1 million for the third quarters of 2024 and 2023, respectively, and $5.3 million and $5.7 million for the first nine months of 2024 and 2023, 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 Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest income (1) $ 9,626 $ 6,016 $ 27,212 $ 14,182 Interest expense (260) (280) (763) (756) Total interest income and other, net $ 9,366 $ 5,736 $ 26,449 $ 13,426 (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. Interest income related to this lease was $0.4 million for each of the third quarters of 2024 and 2023, and $1.3 million for each of the first nine months of 2024 and 2023. Restricted Cash A reconciliation of cash, cash equivalents and restricted cash as of September 30, 2024, and September 30, 2023, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) September 30, 2024 September 30, 2023 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 204,620 $ 235,566 Restricted cash included within miscellaneous assets 14,243 14,293 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 218,863 $ 249,859 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 September 30, 2024, and December 31, 2023, there were no borrowings and approximately $0.6 million in outstanding letters of credit, with the remaining committed amount available. As of September 30, 2024, the Company was in compliance with the financial covenants contained in the Credit Facility. Severance Costs We recognized $0.3 million and $3.1 million in severance costs for the third quarters of 2024 and 2023, respectively, and $6.2 million and $7.6 million for the first nine months of 2024 and 2023, respectively. These costs are recorded in General and administrative costs in our Condensed Consolidated Statements of Operations. We had a severance liability of $5.4 million and $4.4 million included in Accrued expenses and other in our Condensed Consolidated Balance Sheets as of September 30, 2024, and December 31, 2023, respectively. Generative AI Litigation Costs In the third quarter and first nine months of 2024, the Company recorded $4.6 million and $7.6 million, respectively, of pre-tax litigation-related costs in connection with a lawsuit against Microsoft Corporation (“Microsoft”) and Open AI Inc. and various of its corporate affiliates (collectively, “OpenAI”), alleging unlawful and unauthorized copying and use of the Company’s journalism and other content in connection with their development of generative artificial intelligence products (“Generative AI Litigation Costs”). See Note 14 for additional information.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is the price that would be received upon the sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date. The transaction would be in the principal or most advantageous market for the asset or liability, based on assumptions that a market participant would use in pricing the asset or liability. The fair value hierarchy consists of three levels: Level 1–quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; Level 2–inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3–unobservable inputs for the asset or liability. Assets/Liabilities Measured and Recorded at Fair Value on a Recurring Basis The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2024, and December 31, 2023: (In thousands) September 30, 2024 December 31, 2023 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) U.S Treasury securities $ 168,186 $ — $ 168,186 $ — $ 48,109 $ — $ 48,109 $ — Corporate debt securities 115,206 — 115,206 — 108,069 — 108,069 — U.S. governmental agency securities 4,933 — 4,933 — 5,916 — 5,916 — Total short-term AFS securities $ 288,325 $ — $ 288,325 $ — $ 162,094 $ — $ 162,094 $ — Long-term AFS securities (1) Corporate debt securities $ 188,617 $ — $ 188,617 $ — $ 103,942 $ — $ 103,942 $ — U.S Treasury securities 138,818 — 138,818 — 149,859 — 149,859 — U.S. governmental agency securities — — — — 3,832 — 3,832 — Total long-term AFS securities $ 327,435 $ — $ 327,435 $ — $ 257,633 $ — $ 257,633 $ — Liabilities: Deferred compensation (2)(3) $ 13,324 $ 13,324 $ — $ — $ 13,752 $ 13,752 $ — $ — Contingent consideration (4) $ 3,561 $ — $ — $ 3,561 $ 4,991 $ — $ — $ 4,991 (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 $55.6 million as of September 30, 2024, and $52.3 million as of December 31, 2023. 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 third quarters and nine months ended September 30, 2024, and September 30, 2023: Quarters Ended Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Balance at the beginning of the period $ 3,561 $ 5,464 $ 4,991 $ 5,324 Payments — (862) (1,724) (2,586) Fair value adjustments (1) — 949 294 2,813 Contingent consideration at the end of the period $ 3,561 $ 5,551 $ 3,561 $ 5,551 (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	9 Months Ended
Pension and Other Postretirement Benefits	Sep. 30, 2024
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 September 30, 2024 September 30, 2023 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 1,541 $ — $ 1,541 $ 1,417 $ — $ 1,417 Interest cost 13,376 2,206 15,582 14,198 2,296 16,494 Expected return on plan assets (18,109) — (18,109) (19,122) — (19,122) Amortization of actuarial loss 2,603 997 3,600 663 890 1,553 Amortization of prior service credit (486) — (486) (486) — (486) Net periodic pension (income)/cost $ (1,075) $ 3,203 $ 2,128 $ (3,330) $ 3,186 $ (144) For the Nine Months Ended September 30, 2024 September 30, 2023 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 4,623 $ — $ 4,623 $ 4,252 $ — $ 4,252 Interest cost 40,128 6,619 46,747 42,595 6,887 49,482 Expected return on plan assets (54,327) — (54,327) (57,367) — (57,367) Amortization of actuarial loss 7,809 2,991 10,800 1,991 2,669 4,660 Amortization of prior service credit (1,459) — (1,459) (1,459) — (1,459) Effect of settlement — (27) (27) — — — Net periodic pension (income)/cost $ (3,226) $ 9,583 $ 6,357 $ (9,988) $ 9,556 $ (432) During the first nine months of 2024 and 2023, we made pension contributions of $9.7 million and $7.7 million, respectively, to the APP. We expect to make contractual contributions in 2024 of approximately $13 million, which more than satisfy minimum funding requirements. Multiemployer Plans During the third quarter of 2023, we recorded a favorable adjustment of $2.3 million related to a reduction to our multiemployer pension plan liability. This favorable adjustment was recorded in Multiemployer pension plan liability adjustment in our Condensed Consolidated Statements of Operations. Other Postretirement Benefits The components of net periodic postretirement benefit cost were as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Service cost $ 4 $ 8 $ 12 $ 25 Interest cost 272 375 816 1,126 Amortization of actuarial loss 174 486 522 1,455 Net periodic postretirement benefit cost $ 450 $ 869 $ 1,350 $ 2,606

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company had income tax expense of $20.9 million and $57.7 million in the third quarter and first nine months of 2024, respectively. The Company had income tax expense of $16.4 million and $40.2 million in the third quarter and first nine months of 2023, respectively. The Company’s effective tax rates were 24.6% and 25.3% for the third quarter and first nine months of 2024, respectively. The Company’s effective tax rates were 23.4% and 24.7% for the third quarter and first nine months of 2023, respectively. The increase in income tax expense was primarily due to higher pre-tax income in the third quarter of 2024. The effective tax rate was lower in the third quarter of 2023 primarily due to the benefit of additional tax credits in that quarter. The Organization for Economic Co-operation and Development enacted model rules for a new global minimum tax framework, also known as Pillar Two, and certain governments globally have enacted these rules effective January 1, 2024. We have assessed the potential impact of Pillar Two and do not expect it to have a material effect on the Company’s financial statements.

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE 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 or vesting 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 of approximately 1.4 million and 1.3 million in the third quarter and first nine months of 2024, respectively, and 0.8 million and 0.7 million in the third quarter and first nine months of 2023, respectively, resulted from the dilutive effect of our stock-based awards. 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 no restricted stock units excluded from the computation of diluted earnings per share in the third quarter and first nine months of 2024, respectively. There were approximately 0.1 million restricted stock units excluded from the computation of diluted earnings per share in the third quarter and first nine months of 2023, 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 third quarters and first nine months of 2024 and 2023.

Supplemental Stockholders' Equi

Supplemental Stockholders' Equity Information	9 Months Ended
Supplemental Stockholders' Equity Information	Sep. 30, 2024
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 September 30, 2024, repurchases under these authorizations totaled approximately $209.8 million (excluding commissions and excise taxes), fully utilizing the 2022 authorization and leaving approximately $190.2 million remaining under the 2023 authorization. During the nine months ended September 30, 2024, repurchases under these authorizations totaled approximately $60.3 million. Accumulated Other Comprehensive Income The following table summarizes the changes in AOCI by component as of September 30, 2024: (In thousands) Foreign Currency Translation Adjustments Funded Status of Benefit Plans Net Unrealized Gain/(Loss) on Available-For-Sale Securities Total Accumulated Other Comprehensive Loss Balance as of December 31, 2023 $ 910 $ (353,286) $ (486) $ (352,862) Other comprehensive income before reclassifications, before tax 241 — 4,889 5,130 Amounts reclassified from accumulated other comprehensive loss, before tax — 9,890 — 9,890 Income tax expense 64 2,625 1,280 3,969 Net current-period other comprehensive income, net of tax 177 7,265 3,609 11,051 Balance as of September 30, 2024 $ 1,087 $ (346,021) $ 3,123 $ (341,811) The following table summarizes the reclassifications from AOCI for the nine months ended September 30, 2024: (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) $ (1,459) Other components of net periodic benefit costs/(income) Amortization of actuarial loss (1) 11,322 Other components of net periodic benefit costs/(income) Pension settlement charge 27 Other components of net periodic benefit costs/(income) Total reclassification, before tax 9,890 Income tax expense 2,625 Income tax expense Total reclassification, net of tax $ 7,265 (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. 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 Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Cost of revenue $ 4,344 $ 3,673 $ 12,494 $ 8,970 Sales and marketing 421 350 1,225 1,214 Product development 6,366 5,554 19,138 14,472 General and administrative 5,859 4,986 17,023 14,060 Total stock-based compensation expense $ 16,990 $ 14,563 $ 49,880 $ 38,716

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The 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 CODM) to make decisions about resources to be allocated to the segment and assess its performance; and (iii) it has available discrete financial information. The Company has two reportable segments: NYTG and The Athletic. These segments are evaluated regularly by the Company’s CODM in assessing performance and allocating resources. Management uses adjusted operating profit (loss) by segment in assessing performance and allocating resources. Adjusted operating profit is defined as operating profit before depreciation and amortization, severance, multiemployer pension plan withdrawal costs and special items. Adjusted operating profit for NYTG and The Athletic is presented below, along with a reconciliation to consolidated income before taxes. Asset information by segment is not a measure of performance used by the Company’s CODM. Accordingly, we have not disclosed asset information by segment. Subscription revenues from and expenses associated with our digital subscription package (or “bundle”) are allocated to NYTG and The Athletic. We allocate 10% of bundle revenues 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. We allocate 10% of product development, marketing and subscriber servicing expenses (including direct variable expenses such as credit card fees, third party fees and sales taxes) associated with the bundle to The Athletic, and the remaining costs are allocated to NYTG, in each case, in line with the revenues allocations. The following tables present segment information: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 % Change September 30, 2024 September 30, 2023 % Change Revenues NYTG $ 596,028 $ 563,903 5.7 % $ 1,738,578 $ 1,657,179 4.9 % The Athletic 44,713 34,442 29.8 % 122,400 92,758 32.0 % Intersegment eliminations (1) (563) — * (1,688) — * Total revenues $ 640,178 $ 598,345 7.0 % $ 1,859,290 $ 1,749,937 6.2 % Adjusted operating profit (loss) NYTG $ 101,543 $ 97,654 4.0 % $ 293,390 $ 262,911 11.6 % The Athletic 2,638 (7,899) * (8,455) (27,016) (68.7) % Total adjusted operating profit $ 104,181 $ 89,755 16.1 % $ 284,935 $ 235,895 20.8 % Less: Other components of net periodic benefit costs/(income) 1,050 (684) * 3,124 (2,053) * Depreciation and amortization 20,622 21,475 (4.0) % 61,865 64,173 (3.6) % Severance 329 3,086 (89.3) % 6,230 7,578 (17.8) % Multiemployer pension plan withdrawal costs 1,883 1,397 34.8 % 4,792 3,936 21.7 % Generative AI Litigation Costs 4,620 — * 7,592 — * Impairment charges — 2,503 * — 15,239 * Multiemployer pension plan liability adjustment — (2,273) * — (2,273) * Add: Interest income and other, net 9,366 5,736 63.3 % 26,449 13,426 97.0 % Income before income taxes $ 85,043 $ 69,987 21.5 % $ 227,781 $ 162,721 40.0 % (1) Intersegment eliminations (“I/E”) related to content licensing. * Represents a change equal to or in excess of 100% or not meaningful. Revenues detail by segment For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 % Change September 30, 2024 September 30, 2023 % Change NYTG Subscription $ 422,192 $ 392,937 7.4 % $ 1,233,577 $ 1,152,130 7.1 % Advertising 109,324 108,672 0.6 % 319,416 323,091 (1.1) % Other 64,512 62,294 3.6 % 185,585 181,958 2.0 % Total $ 596,028 $ 563,903 5.7 % $ 1,738,578 $ 1,657,179 4.9 % The Athletic Subscription $ 31,135 $ 25,640 21.4 % $ 88,077 $ 73,579 19.7 % Advertising 9,046 8,441 7.2 % 21,828 18,033 21.0 % Other 4,532 361 * 12,495 1,146 * Total $ 44,713 $ 34,442 29.8 % $ 122,400 $ 92,758 32.0 % I/E (1) $ (563) $ — * $ (1,688) $ — * The New York Times Company Subscription $ 453,327 $ 418,577 8.3 % $ 1,321,654 $ 1,225,709 7.8 % Advertising 118,370 117,113 1.1 % 341,244 341,124 — Other 68,481 62,655 9.3 % 196,392 183,104 7.3 % Total $ 640,178 $ 598,345 7.0 % $ 1,859,290 $ 1,749,937 6.2 % (1) Intersegment eliminations (“I/E”) related to content licensing recorded in Other revenues. * Represents a change equal to or in excess of 100% or not meaningful.

Contingencies

Contingencies	9 Months Ended
Contingencies	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES Legal Proceedings We are involved in various legal actions incidental to our business that are now pending against us. These actions generally assert damages claims that are greatly in excess of the amount, if any, that we would be liable to pay if we lost or settled the cases. We record a liability for legal claims when a loss is probable and the amount can be reasonably estimated. Although the Company cannot predict the outcome of these matters, no amount of loss in excess of recorded amounts as o f September 30, 2024, is believed to be reasonably possible. On December 27, 2023, we filed a lawsuit against Microsoft and OpenAI in the United States District Court for the Southern District of New York, alleging copyright infringement, unfair competition, trademark dilution and violations of the Digital Millennium Copyright Act, related to their unlawful and unauthorized copying and use of our journalism and other content. We are seeking monetary relief, injunctive relief preventing Microsoft and OpenAI from continuing their unlawful, unfair and infringing conduct and other relief. We intend to vigorously pursue all of our legal remedies in this litigation, but there is no guarantee that we will be successful in our efforts.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income	$ 64,143	$ 53,615	$ 170,100	$ 122,510

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
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)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Accounting Standard Updates Topic Effective Period Summary 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures Fiscal years, beginning after December 15, 2024. Early adoption is permitted. Requires entities to provide disaggregated income tax disclosures on the rate reconciliation and income taxes paid. We are currently in the process of evaluating the impact of this guidance on the Company’s disclosures. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Fiscal years, beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. Requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items to reconcile to segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also expand the interim segment disclosure requirements. We expect this ASU to impact only our disclosures with no impact to our statement of operations, cash flows and balance sheet.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Sep. 30, 2024
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 Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Subscription $ 453,327 70.8 % $ 418,577 70.0 % $ 1,321,654 71.1 % $ 1,225,709 70.0 % Advertising 118,370 18.5 % 117,113 19.6 % 341,244 18.4 % 341,124 19.5 % Other (1) 68,481 10.7 % 62,655 10.4 % 196,392 10.5 % 183,104 10.5 % Total $ 640,178 100.0 % $ 598,345 100.0 % $ 1,859,290 100.0 % $ 1,749,937 100.0 % (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 $6.6 million and $6.8 million for the third quarters of 2024 and 2023, respectively, and $19.9 million and $20.5 million for the first nine months of 2024 and 2023, respectively. The following table summarizes digital and print subscription revenues, which are components of subscription revenues above, for the third quarters and first nine months ended September 30, 2024, and September 30, 2023: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Digital-only subscription revenues (1) $ 322,198 71.1 % $ 282,228 67.4 % $ 919,677 69.6 % $ 810,770 66.1 % Print subscription revenues (2) 131,129 28.9 % 136,349 32.6 % 401,977 30.4 % 414,939 33.9 % Total subscription revenues $ 453,327 100.0 % $ 418,577 100.0 % $ 1,321,654 100.0 % $ 1,225,709 100.0 % (1) Includes revenue from bundled and standalone subscriptions to our news product, as well as to The Athletic and our Cooking, Games and Wirecutter products. (2) Includes domestic home-delivery subscriptions, which include access to our digital products. Also includes single-copy, NYT International and Other subscription revenues. The following table summarizes digital and print advertising revenues, which are components of advertising revenues above, for the third quarters and first nine months ended September 30, 2024, and September 30, 2023: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 As % of total September 30, 2023 As % of total September 30, 2024 As % of total September 30, 2023 As % of total Advertising revenues: Digital $ 81,564 68.9 % $ 75,001 64.0 % $ 224,166 65.7 % $ 210,076 61.6 % Print 36,806 31.1 % 42,112 36.0 % 117,078 34.3 % 131,048 38.4 % Total advertising $ 118,370 100.0 % $ 117,113 100.0 % $ 341,244 100.0 % $ 341,124 100.0 %

Marketable Securities (Tables)

Marketable Securities (Tables)	9 Months Ended
Marketable Securities (Tables)	Sep. 30, 2024
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 September 30, 2024, and December 31, 2023: September 30, 2024 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities U.S. Treasury securities $ 167,580 $ 614 $ (8) $ 168,186 Corporate debt securities 114,689 527 (10) 115,206 U.S. governmental agency securities 4,945 — (12) 4,933 Total short-term AFS securities $ 287,214 $ 1,141 $ (30) $ 288,325 Long-term AFS securities Corporate debt securities $ 186,724 $ 1,906 $ (13) $ 188,617 U.S. Treasury securities 137,605 1,228 (15) 138,818 Total long-term AFS securities $ 324,329 $ 3,134 $ (28) $ 327,435 December 31, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Short-term AFS securities U.S. Treasury securities $ 48,721 $ 55 $ (667) $ 48,109 Corporate debt securities 109,891 6 (1,828) 108,069 U.S. governmental agency securities 6,000 — (84) 5,916 Total short-term AFS securities $ 164,612 $ 61 $ (2,579) $ 162,094 Long-term AFS securities Corporate debt securities $ 103,061 $ 886 $ (5) $ 103,942 U.S. Treasury securities 148,878 1,023 (42) 149,859 U.S. governmental agency securities 3,857 — (25) 3,832 Total long-term AFS securities $ 255,796 $ 1,909 $ (72) $ 257,633
Schedule of Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value	The following tables represent the AFS securities as of September 30, 2024, and December 31, 2023, 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: September 30, 2024 Less than 12 Months 12 Months or Greater Total (In thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Short-term AFS securities U.S. Treasury securities $ 4,926 $ — $ 6,286 $ (8) $ 11,212 $ (8) Corporate debt securities 10,543 (3) 6,143 (7) 16,686 (10) U.S. governmental agency securities — — 4,933 (12) 4,933 (12) Total short-term AFS securities $ 15,469 $ (3) $ 17,362 $ (27) $ 32,831 $ (30) Long-term AFS securities Corporate debt securities $ 13,277 $ (13) $ — $ — $ 13,277 $ (13) U.S. Treasury securities 13,950 (15) — — 13,950 (15) Total long-term AFS securities $ 27,227 $ (28) $ — $ — $ 27,227 $ (28) December 31, 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 U.S. Treasury securities $ 995 $ (1) $ 24,978 $ (666) $ 25,973 $ (667) Corporate debt securities 5,819 (5) 99,504 (1,823) 105,323 (1,828) U.S. governmental agency securities — — 5,916 (84) 5,916 (84) Total short-term AFS securities $ 6,814 $ (6) $ 130,398 $ (2,573) $ 137,212 $ (2,579) Long-term AFS securities Corporate debt securities $ 2,451 $ — $ 245 $ (5) $ 2,696 $ (5) U.S. Treasury securities 14,792 (36) 290 (6) 15,082 (42) U.S. governmental agency securities 3,832 (25) — — 3,832 (25) Total long-term AFS securities $ 21,075 $ (61) $ 535 $ (11) $ 21,610 $ (72)

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	9 Months Ended
Goodwill and Intangibles (Tables)	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill Balances	The changes in the carrying amount of goodwill as of September 30, 2024, and since December 31, 2022, were as follows: (In thousands) NYTG The Athletic Total Balance as of December 31, 2022 $ 162,686 $ 251,360 $ 414,046 Foreign currency translation 2,052 — 2,052 Balance as of December 31, 2023 164,738 251,360 416,098 Foreign currency translation 684 — 684 Balance as of September 30, 2024 $ 165,422 $ 251,360 $ 416,782
Schedule of Finite-Lived Intangible Assets	As of September 30, 2024 and December 31, 2023, the gross book value and accumulated amortization of the intangible assets with definite lives were as follows: September 30, 2024 (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (23,951) $ 138,667 17.6 Existing subscriber base 136,500 (31,500) 105,000 9.5 Developed technology 38,401 (20,885) 17,516 2.4 Content archive 5,751 (4,601) 1,150 1.9 Total finite-lived intangibles $ 343,270 $ (80,937) $ 262,333 13.3 December 31, 2023 (In thousands) Gross Book Value Accumulated Amortization Net Book Value Remaining Weighted-Average Useful Life (Years) Trademark $ 162,618 $ (17,767) $ 144,851 18.3 Existing subscriber base 136,500 (23,062) 113,438 10.2 Developed technology 38,401 (15,381) 23,020 3.2 Content archive 5,751 (4,047) 1,704 2.5 Total finite-lived intangibles $ 343,270 $ (60,257) $ 283,013 13.7
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated aggregate amortization expense for the remainder of 2024 and each of the following fiscal years ending December 31 is presented below: (In thousands) Remainder of 2024 $ 6,799 2025 27,213 2026 26,960 2027 20,171 2028 19,335 Thereafter 161,855 Total amortization expense $ 262,333

Other (Tables)

Other (Tables)	9 Months Ended
Other (Tables)	Sep. 30, 2024
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 Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest income (1) $ 9,626 $ 6,016 $ 27,212 $ 14,182 Interest expense (260) (280) (763) (756) Total interest income and other, net $ 9,366 $ 5,736 $ 26,449 $ 13,426 (1)
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash	A reconciliation of cash, cash equivalents and restricted cash as of September 30, 2024, and September 30, 2023, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) September 30, 2024 September 30, 2023 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 204,620 $ 235,566 Restricted cash included within miscellaneous assets 14,243 14,293 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 218,863 $ 249,859
Schedule of Restrictions on Cash and Cash Equivalents	A reconciliation of cash, cash equivalents and restricted cash as of September 30, 2024, and September 30, 2023, from the Condensed Consolidated Balance Sheets to the Condensed Consolidated Statements of Cash Flows is as follows: (In thousands) September 30, 2024 September 30, 2023 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents $ 204,620 $ 235,566 Restricted cash included within miscellaneous assets 14,243 14,293 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 218,863 $ 249,859

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Financial Liabilities Measured at Fair Value on a Recurring Basis	The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2024, and December 31, 2023: (In thousands) September 30, 2024 December 31, 2023 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Short-term AFS securities (1) U.S Treasury securities $ 168,186 $ — $ 168,186 $ — $ 48,109 $ — $ 48,109 $ — Corporate debt securities 115,206 — 115,206 — 108,069 — 108,069 — U.S. governmental agency securities 4,933 — 4,933 — 5,916 — 5,916 — Total short-term AFS securities $ 288,325 $ — $ 288,325 $ — $ 162,094 $ — $ 162,094 $ — Long-term AFS securities (1) Corporate debt securities $ 188,617 $ — $ 188,617 $ — $ 103,942 $ — $ 103,942 $ — U.S Treasury securities 138,818 — 138,818 — 149,859 — 149,859 — U.S. governmental agency securities — — — — 3,832 — 3,832 — Total long-term AFS securities $ 327,435 $ — $ 327,435 $ — $ 257,633 $ — $ 257,633 $ — Liabilities: Deferred compensation (2)(3) $ 13,324 $ 13,324 $ — $ — $ 13,752 $ 13,752 $ — $ — Contingent consideration (4) $ 3,561 $ — $ — $ 3,561 $ 4,991 $ — $ — $ 4,991 (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 $55.6 million as of September 30, 2024, and $52.3 million as of December 31, 2023. 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 third quarters and nine months ended September 30, 2024, and September 30, 2023: Quarters Ended Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Balance at the beginning of the period $ 3,561 $ 5,464 $ 4,991 $ 5,324 Payments — (862) (1,724) (2,586) Fair value adjustments (1) — 949 294 2,813 Contingent consideration at the end of the period $ 3,561 $ 5,551 $ 3,561 $ 5,551 (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)	9 Months Ended
Pension and Other Postretirement Benefits (Tables)	Sep. 30, 2024
Pension Plan
Pension Benefits
Schedule of Components of Net Periodic Pension (Income)/Cost and Postretirement Benefit Cost	The components of net periodic pension (income)/cost were as follows: For the Quarters Ended September 30, 2024 September 30, 2023 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 1,541 $ — $ 1,541 $ 1,417 $ — $ 1,417 Interest cost 13,376 2,206 15,582 14,198 2,296 16,494 Expected return on plan assets (18,109) — (18,109) (19,122) — (19,122) Amortization of actuarial loss 2,603 997 3,600 663 890 1,553 Amortization of prior service credit (486) — (486) (486) — (486) Net periodic pension (income)/cost $ (1,075) $ 3,203 $ 2,128 $ (3,330) $ 3,186 $ (144) For the Nine Months Ended September 30, 2024 September 30, 2023 (In thousands) Qualified Non- All Qualified Non- All Service cost $ 4,623 $ — $ 4,623 $ 4,252 $ — $ 4,252 Interest cost 40,128 6,619 46,747 42,595 6,887 49,482 Expected return on plan assets (54,327) — (54,327) (57,367) — (57,367) Amortization of actuarial loss 7,809 2,991 10,800 1,991 2,669 4,660 Amortization of prior service credit (1,459) — (1,459) (1,459) — (1,459) Effect of settlement — (27) (27) — — — Net periodic pension (income)/cost $ (3,226) $ 9,583 $ 6,357 $ (9,988) $ 9,556 $ (432)
Other Postretirement Benefit Plan
Pension Benefits
Schedule of Components of Net Periodic Pension (Income)/Cost and Postretirement Benefit Cost	The components of net periodic postretirement benefit cost were as follows: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Service cost $ 4 $ 8 $ 12 $ 25 Interest cost 272 375 816 1,126 Amortization of actuarial loss 174 486 522 1,455 Net periodic postretirement benefit cost $ 450 $ 869 $ 1,350 $ 2,606

Supplemental Stockholders' Eq_2

Supplemental Stockholders' Equity Information (Tables)	9 Months Ended
Supplemental Stockholders' Equity Information (Tables)	Sep. 30, 2024
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following table summarizes the changes in AOCI by component as of September 30, 2024: (In thousands) Foreign Currency Translation Adjustments Funded Status of Benefit Plans Net Unrealized Gain/(Loss) on Available-For-Sale Securities Total Accumulated Other Comprehensive Loss Balance as of December 31, 2023 $ 910 $ (353,286) $ (486) $ (352,862) Other comprehensive income before reclassifications, before tax 241 — 4,889 5,130 Amounts reclassified from accumulated other comprehensive loss, before tax — 9,890 — 9,890 Income tax expense 64 2,625 1,280 3,969 Net current-period other comprehensive income, net of tax 177 7,265 3,609 11,051 Balance as of September 30, 2024 $ 1,087 $ (346,021) $ 3,123 $ (341,811)
Schedule of Reclassification out of Accumulated Other Comprehensive Income	The following table summarizes the reclassifications from AOCI for the nine months ended September 30, 2024: (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) $ (1,459) Other components of net periodic benefit costs/(income) Amortization of actuarial loss (1) 11,322 Other components of net periodic benefit costs/(income) Pension settlement charge 27 Other components of net periodic benefit costs/(income) Total reclassification, before tax 9,890 Income tax expense 2,625 Income tax expense Total reclassification, net of tax $ 7,265 (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.
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 Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Cost of revenue $ 4,344 $ 3,673 $ 12,494 $ 8,970 Sales and marketing 421 350 1,225 1,214 Product development 6,366 5,554 19,138 14,472 General and administrative 5,859 4,986 17,023 14,060 Total stock-based compensation expense $ 16,990 $ 14,563 $ 49,880 $ 38,716

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables present segment information: For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 % Change September 30, 2024 September 30, 2023 % Change Revenues NYTG $ 596,028 $ 563,903 5.7 % $ 1,738,578 $ 1,657,179 4.9 % The Athletic 44,713 34,442 29.8 % 122,400 92,758 32.0 % Intersegment eliminations (1) (563) — * (1,688) — * Total revenues $ 640,178 $ 598,345 7.0 % $ 1,859,290 $ 1,749,937 6.2 % Adjusted operating profit (loss) NYTG $ 101,543 $ 97,654 4.0 % $ 293,390 $ 262,911 11.6 % The Athletic 2,638 (7,899) * (8,455) (27,016) (68.7) % Total adjusted operating profit $ 104,181 $ 89,755 16.1 % $ 284,935 $ 235,895 20.8 % Less: Other components of net periodic benefit costs/(income) 1,050 (684) * 3,124 (2,053) * Depreciation and amortization 20,622 21,475 (4.0) % 61,865 64,173 (3.6) % Severance 329 3,086 (89.3) % 6,230 7,578 (17.8) % Multiemployer pension plan withdrawal costs 1,883 1,397 34.8 % 4,792 3,936 21.7 % Generative AI Litigation Costs 4,620 — * 7,592 — * Impairment charges — 2,503 * — 15,239 * Multiemployer pension plan liability adjustment — (2,273) * — (2,273) * Add: Interest income and other, net 9,366 5,736 63.3 % 26,449 13,426 97.0 % Income before income taxes $ 85,043 $ 69,987 21.5 % $ 227,781 $ 162,721 40.0 % (1) Intersegment eliminations (“I/E”) related to content licensing. * Represents a change equal to or in excess of 100% or not meaningful. Revenues detail by segment For the Quarters Ended For the Nine Months Ended (In thousands) September 30, 2024 September 30, 2023 % Change September 30, 2024 September 30, 2023 % Change NYTG Subscription $ 422,192 $ 392,937 7.4 % $ 1,233,577 $ 1,152,130 7.1 % Advertising 109,324 108,672 0.6 % 319,416 323,091 (1.1) % Other 64,512 62,294 3.6 % 185,585 181,958 2.0 % Total $ 596,028 $ 563,903 5.7 % $ 1,738,578 $ 1,657,179 4.9 % The Athletic Subscription $ 31,135 $ 25,640 21.4 % $ 88,077 $ 73,579 19.7 % Advertising 9,046 8,441 7.2 % 21,828 18,033 21.0 % Other 4,532 361 * 12,495 1,146 * Total $ 44,713 $ 34,442 29.8 % $ 122,400 $ 92,758 32.0 % I/E (1) $ (563) $ — * $ (1,688) $ — * The New York Times Company Subscription $ 453,327 $ 418,577 8.3 % $ 1,321,654 $ 1,225,709 7.8 % Advertising 118,370 117,113 1.1 % 341,244 341,124 — Other 68,481 62,655 9.3 % 196,392 183,104 7.3 % Total $ 640,178 $ 598,345 7.0 % $ 1,859,290 $ 1,749,937 6.2 % (1) Intersegment eliminations (“I/E”) related to content licensing recorded in Other revenues. * Represents a change equal to or in excess of 100% or not meaningful.

Basis of Presentation (Details)

Basis of Presentation (Details)	9 Months Ended
Basis of Presentation (Details)	Sep. 30, 2024 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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total revenues	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
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	$ 453,327	$ 418,577	$ 1,321,654	$ 1,225,709
Subscription \| Product and service benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	70.80%	70%	71.10%	70%
Advertising
Disaggregation of Revenue [Line Items]
Total revenues	$ 118,370	$ 117,113	$ 341,244	$ 341,124
Advertising \| Product and service benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	18.50%	19.60%	18.40%	19.50%
Other
Disaggregation of Revenue [Line Items]
Total revenues	$ 68,481	$ 62,655	$ 196,392	$ 183,104
Other \| Product and service benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	10.70%	10.40%	10.50%	10.50%
Real Estate
Disaggregation of Revenue [Line Items]
Revenue not from contract with customer	$ 6,600	$ 6,800	$ 19,900	$ 20,500

Revenue - Digital-only Subscrip

Revenue - Digital-only Subscription Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total revenues	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	$ 453,327	$ 418,577	$ 1,321,654	$ 1,225,709
Subscription \| 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	$ 322,198	$ 282,228	$ 919,677	$ 810,770
Subscription \| Digital \| Subscription revenue benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	71.10%	67.40%	69.60%	66.10%
Subscription \| Print
Disaggregation of Revenue [Line Items]
Total revenues	$ 131,129	$ 136,349	$ 401,977	$ 414,939
Subscription \| Print \| Subscription revenue benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	28.90%	32.60%	30.40%	33.90%

Revenue - Advertising Revenues

Revenue - Advertising Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total advertising	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total			100%	100%
Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 118,370	$ 117,113	$ 341,244	$ 341,124
Advertising \| Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	100%	100%
Digital \| Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total			65.70%	61.60%
Digital \| Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 81,564	$ 75,001	$ 224,166	$ 210,076
Digital \| Advertising \| Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	68.90%	64%
Print \| Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total			34.30%	38.40%
Print \| Advertising
Disaggregation of Revenue [Line Items]
Total advertising	$ 36,806	$ 42,112	$ 117,078	$ 131,048
Print \| Advertising \| Advertising benchmark \| Product concentration risk
Disaggregation of Revenue [Line Items]
As % of total	31.10%	36%

Revenue - Performance Obligatio

Revenue - Performance Obligations (Details) $ in Millions	Sep. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 174
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 33
Remaining performance obligation, period	3 months
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	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 50
Remaining performance obligation, period	5 years

Revenue - Unexpired Subscriptio

Revenue - Unexpired Subscriptions (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Unexpired subscriptions revenue	$ 177,215	$ 172,772
Revenue recognized	$ 161,000

Revenue - Contract Assets (Deta

Revenue - Contract Assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Contract assets	$ 3.3	$ 3.5

Marketable Securities - Narrati

Marketable Securities - Narrative (Details) - USD ($)	9 Months Ended	12 Months Ended
Marketable Securities - Narrative (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Pre-tax net unrealized gains (losses) in AOCI	$ 4,200,000	$ (700,000)
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	27 months

Marketable Securities - Availab

Marketable Securities - Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Short-term AFS securities
Amortized cost, short-term AFS securities	$ 287,214	$ 164,612
Gross unrealized gains, short-term AFS securities	1,141	61
Gross unrealized losses, short-term AFS securities	(30)	(2,579)
Fair value, short-term AFS securities	288,325	162,094
Long-term AFS securities
Amortized cost, long-term AFS securities	324,329	255,796
Gross unrealized gains, long-term AFS securities	3,134	1,909
Gross unrealized losses, long-term AFS securities	(28)	(72)
Fair value, long-term AFS securities	327,435	257,633
U.S. Treasury securities
Short-term AFS securities
Amortized cost, short-term AFS securities	167,580	48,721
Gross unrealized gains, short-term AFS securities	614	55
Gross unrealized losses, short-term AFS securities	(8)	(667)
Fair value, short-term AFS securities	168,186	48,109
Long-term AFS securities
Amortized cost, long-term AFS securities	137,605	148,878
Gross unrealized gains, long-term AFS securities	1,228	1,023
Gross unrealized losses, long-term AFS securities	(15)	(42)
Fair value, long-term AFS securities	138,818	149,859
Corporate debt securities
Short-term AFS securities
Amortized cost, short-term AFS securities	114,689	109,891
Gross unrealized gains, short-term AFS securities	527	6
Gross unrealized losses, short-term AFS securities	(10)	(1,828)
Fair value, short-term AFS securities	115,206	108,069
Long-term AFS securities
Amortized cost, long-term AFS securities	186,724	103,061
Gross unrealized gains, long-term AFS securities	1,906	886
Gross unrealized losses, long-term AFS securities	(13)	(5)
Fair value, long-term AFS securities	188,617	103,942
U.S. governmental agency securities
Short-term AFS securities
Amortized cost, short-term AFS securities	4,945	6,000
Gross unrealized gains, short-term AFS securities	0	0
Gross unrealized losses, short-term AFS securities	(12)	(84)
Fair value, short-term AFS securities	$ 4,933	5,916
Long-term AFS securities
Amortized cost, long-term AFS securities		3,857
Gross unrealized gains, long-term AFS securities		0
Gross unrealized losses, long-term AFS securities		(25)
Fair value, long-term AFS securities		$ 3,832

Marketable Securities - Avail_2

Marketable Securities - Available-for-sale Securities - Continuous Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
U.S. Treasury securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	$ 4,926	$ 995
Gross unrealized losses, less than 12 months, short-term AFS securities	0	(1)
Fair value, 12 months or greater, short-term AFS securities	6,286	24,978
Gross unrealized losses, 12 months or greater, short-term AFS securities	(8)	(666)
Fair value, short-term AFS securities	11,212	25,973
Gross unrealized losses, short-term AFS securities	(8)	(667)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	13,950	14,792
Gross unrealized losses, less than 12 months, long-term AFS securities	(15)	(36)
Fair value, 12 months or greater, long-term AFS securities	0	290
Gross unrealized losses, 12 months or greater, long-term AFS securities	0	(6)
Fair value, long-term AFS securities	13,950	15,082
Gross unrealized losses, long-term AFS securities	(15)	(42)
Corporate debt securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	10,543	5,819
Gross unrealized losses, less than 12 months, short-term AFS securities	(3)	(5)
Fair value, 12 months or greater, short-term AFS securities	6,143	99,504
Gross unrealized losses, 12 months or greater, short-term AFS securities	(7)	(1,823)
Fair value, short-term AFS securities	16,686	105,323
Gross unrealized losses, short-term AFS securities	(10)	(1,828)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	13,277	2,451
Gross unrealized losses, less than 12 months, long-term AFS securities	(13)	0
Fair value, 12 months or greater, long-term AFS securities	0	245
Gross unrealized losses, 12 months or greater, long-term AFS securities	0	(5)
Fair value, long-term AFS securities	13,277	2,696
Gross unrealized losses, long-term AFS securities	(13)	(5)
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	4,933	5,916
Gross unrealized losses, 12 months or greater, short-term AFS securities	(12)	(84)
Fair value, short-term AFS securities	4,933	5,916
Gross unrealized losses, short-term AFS securities	(12)	(84)
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities		3,832
Gross unrealized losses, less than 12 months, long-term AFS securities		(25)
Fair value, 12 months or greater, long-term AFS securities		0
Gross unrealized losses, 12 months or greater, long-term AFS securities		0
Fair value, long-term AFS securities		3,832
Gross unrealized losses, long-term AFS securities		(25)
Total short-term AFS securities
Short-term AFS securities
Fair value, less than 12 months, short-term AFS securities	15,469	6,814
Gross unrealized losses, less than 12 months, short-term AFS securities	(3)	(6)
Fair value, 12 months or greater, short-term AFS securities	17,362	130,398
Gross unrealized losses, 12 months or greater, short-term AFS securities	(27)	(2,573)
Fair value, short-term AFS securities	32,831	137,212
Gross unrealized losses, short-term AFS securities	(30)	(2,579)
Total long-term AFS securities
Long-term AFS securities
Fair value, less than 12 months, long-term AFS securities	27,227	21,075
Gross unrealized losses, less than 12 months, long-term AFS securities	(28)	(61)
Fair value, 12 months or greater, long-term AFS securities	0	535
Gross unrealized losses, 12 months or greater, long-term AFS securities	0	(11)
Fair value, long-term AFS securities	27,227	21,610
Gross unrealized losses, long-term AFS securities	$ (28)	$ (72)

Goodwill and Intangibles - Good

Goodwill and Intangibles - Goodwill Balances (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 416,098	$ 414,046
Foreign currency translation	684	2,052
Goodwill, ending balance	416,782	416,098
NYTG
Goodwill [Roll Forward]
Goodwill, beginning balance	164,738	162,686
Foreign currency translation	684	2,052
Goodwill, ending balance	165,422	164,738
The Athletic
Goodwill [Roll Forward]
Goodwill, beginning balance	251,360	251,360
Foreign currency translation	0	0
Goodwill, ending balance	$ 251,360	$ 251,360

Goodwill and Intangibles - Fini

Goodwill and Intangibles - Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 343,270	$ 343,270
Accumulated Amortization	(80,937)	(60,257)
Net Book Value	$ 262,333	$ 283,013
Remaining Weighted-Average Useful Life (Years)	13 years 3 months 18 days	13 years 8 months 12 days
Trademark
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 162,618	$ 162,618
Accumulated Amortization	(23,951)	(17,767)
Net Book Value	$ 138,667	$ 144,851
Remaining Weighted-Average Useful Life (Years)	17 years 7 months 6 days	18 years 3 months 18 days
Existing subscriber base
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 136,500	$ 136,500
Accumulated Amortization	(31,500)	(23,062)
Net Book Value	$ 105,000	$ 113,438
Remaining Weighted-Average Useful Life (Years)	9 years 6 months	10 years 2 months 12 days
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 38,401	$ 38,401
Accumulated Amortization	(20,885)	(15,381)
Net Book Value	$ 17,516	$ 23,020
Remaining Weighted-Average Useful Life (Years)	2 years 4 months 24 days	3 years 2 months 12 days
Content archive
Finite-Lived Intangible Assets [Line Items]
Gross Book Value	$ 5,751	$ 5,751
Accumulated Amortization	(4,601)	(4,047)
Net Book Value	$ 1,150	$ 1,704
Remaining Weighted-Average Useful Life (Years)	1 year 10 months 24 days	2 years 6 months

Goodwill and Intangibles - Narr

Goodwill and Intangibles - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Intangible assets, net	$ 264,810		$ 264,810		$ 285,490
Indefinite-lived intangible assets	2,500		2,500
The Athletic
Business Acquisition [Line Items]
Amortization expense	$ 6,800	$ 7,300	$ 20,700	$ 22,000

Goodwill and Intangibles - Futu

Goodwill and Intangibles - Future Amortization (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 6,799
2025	27,213
2026	26,960
2027	20,171
2028	19,335
Thereafter	161,855
Net Book Value	$ 262,333	$ 283,013

Investments - Non-Marketable Eq

Investments - Non-Marketable Equity Securities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Equity securities	$ 29.7	$ 29.7

Other - Narrative (Details)

Other - Narrative (Details) - USD ($)		3 Months Ended		9 Months Ended
Other - Narrative (Details) - USD ($)	Jul. 27, 2022	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Other Expense [Line Items]
Severance costs		$ 329,000	$ 3,086,000	$ 6,230,000	$ 7,578,000
Severance liability		5,400,000		5,400,000		$ 4,400,000
Pre-tax litigation related costs		4,620,000	0	7,592,000	0
Severance \| Selling, General and Administrative Expenses
Other Expense [Line Items]
Severance costs		300,000	3,100,000	6,200,000	7,600,000
Credit Facility \| Amended Credit Facility
Other Expense [Line Items]
Unsecured revolving credit facility, maximum borrowing capacity	$ 350,000,000
Unsecured revolving credit facility, unused commitment fee (quarterly)	0.20%
Line of credit facility, outstanding borrowings		0		0		0
Letters of credit outstanding		600,000		600,000		$ 600,000
Capitalized Computer Software Costs
Other Expense [Line Items]
Capitalized computer software amortization		$ 1,700,000	$ 2,100,000	$ 5,300,000	$ 5,700,000

Other - Interest Income and Oth

Other - Interest Income and Other, Net (Details) $ in Thousands		3 Months Ended		9 Months Ended
	Apr. 11, 2022 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 09, 2020 a
Other Income and Expenses [Abstract]
Interest income		$ 9,626	$ 6,016	$ 27,212	$ 14,182
Interest expense		(260)	(280)	(763)	(756)
Total interest income and other, net		9,366	5,736	26,449	13,426
Area of land (in acres) \| a						4
Parcel to the lessor, amount	$ 36,000
Gain on lease commencement	$ 34,000
Interest income		$ 400	$ 400	$ 1,300	$ 1,300

Other - Reconciliation of Cash,

Other - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	$ 204,620	$ 289,472	$ 235,566
Restricted cash included within miscellaneous assets	14,243		14,293
Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	$ 218,863	$ 303,172	$ 249,859	$ 235,173

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	$ 288,325	$ 162,094
Long-term AFS securities	327,435	257,633
Deferred compensation plan assets	55,600	52,300
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	168,186	48,109
Long-term AFS securities	138,818	149,859
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	115,206	108,069
Long-term AFS securities	188,617	103,942
Estimate of Fair Value Measurement \| Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	13,324	13,752
Contingent consideration	3,561	4,991
Estimate of Fair Value Measurement \| Recurring \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation	13,324	13,752
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	3,561	4,991
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	288,325	162,094
Long-term AFS securities	327,435	257,633
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	288,325	162,094
Long-term AFS securities	327,435	257,633
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 \| U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	168,186	48,109
Long-term AFS securities	138,818	149,859
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	168,186	48,109
Long-term AFS securities	138,818	149,859
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 \| Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term AFS securities	115,206	108,069
Long-term AFS securities	188,617	103,942
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	115,206	108,069
Long-term AFS securities	188,617	103,942
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	4,933	5,916
Long-term AFS securities	0	3,832
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	4,933	5,916
Long-term AFS securities	0	3,832
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

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	9 Months Ended
Fair Value Measurements - Narrative (Details)	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Contingent consideration redemption period (in years)	5 years

Fair Value Measurements - Chang

Fair Value Measurements - Change in Balance of Contingent Consideration (Details) - Contingent Consideration - Recurring - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at the beginning of the period	$ 3,561	$ 5,464	$ 4,991	$ 5,324
Payments	0	(862)	(1,724)	(2,586)
Fair value adjustments	0	949	294	2,813
Contingent consideration at the end of the period	$ 3,561	$ 5,551	$ 3,561	$ 5,551

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pension Benefits
Service cost	$ 1,541	$ 1,417	$ 4,623	$ 4,252
Interest cost	15,582	16,494	46,747	49,482
Expected return on plan assets	(18,109)	(19,122)	(54,327)	(57,367)
Amortization of actuarial loss	3,600	1,553	10,800	4,660
Amortization of prior service credit	(486)	(486)	(1,459)	(1,459)
Effect of settlement			(27)	0
Net periodic pension (income)/cost or postretirement benefit cost	2,128	(144)	6,357	(432)
Qualified Plans
Pension Benefits
Service cost	1,541	1,417	4,623	4,252
Interest cost	13,376	14,198	40,128	42,595
Expected return on plan assets	(18,109)	(19,122)	(54,327)	(57,367)
Amortization of actuarial loss	2,603	663	7,809	1,991
Amortization of prior service credit	(486)	(486)	(1,459)	(1,459)
Effect of settlement			0	0
Net periodic pension (income)/cost or postretirement benefit cost	(1,075)	(3,330)	(3,226)	(9,988)
Non- Qualified Plans
Pension Benefits
Service cost	0	0	0	0
Interest cost	2,206	2,296	6,619	6,887
Expected return on plan assets	0	0	0	0
Amortization of actuarial loss	997	890	2,991	2,669
Amortization of prior service credit	0	0	0	0
Effect of settlement			(27)	0
Net periodic pension (income)/cost or postretirement benefit cost	$ 3,203	$ 3,186	$ 9,583	$ 9,556

Pension and Other Postretirem_4

Pension and Other Postretirement Benefits - Narrative (Details) - Pension Plan - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pension Benefits
Pension contributions		$ 9.7	$ 7.7
Expected future employer contributions		$ 13
Gain on liability adjustment	$ 2.3

Pension and Other Postretirem_5

Pension and Other Postretirement Benefits - Other Postretirement Benefits (Details) - Other Postretirement Benefit Plan - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pension Benefits
Service cost	$ 4	$ 8	$ 12	$ 25
Interest cost	272	375	816	1,126
Amortization of actuarial loss	174	486	522	1,455
Net periodic pension (income)/cost or postretirement benefit cost	$ 450	$ 869	$ 1,350	$ 2,606

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 20,900	$ 16,372	$ 57,681	$ 40,211
Effective income tax rate	24.60%	23.40%	25.30%	24.70%

Earnings Per Share (Details)

Earnings Per Share (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
Earnings Per Share (Details) - shares shares in Millions	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	1.4	0.8	1.3	0.7
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)	0	0.1	0	0.1
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	9 Months Ended		32 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Feb. 28, 2023	Feb. 28, 2022
Class of Stock [Line Items]
Stock repurchase program, authorized amount					$ 250,000	$ 150,000
Share repurchases	$ 18,483	$ 60,749	$ 43,591
Stock repurchase program, remaining authorized repurchase amount	$ 190,200	190,200		$ 190,200
Class A Common Stock
Class of Stock [Line Items]
Share repurchases		$ 60,300		$ 209,800

Supplemental Stockholders' Eq_4

Supplemental Stockholders' Equity Information - Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	$ 1,804,986	$ 1,607,220	$ 1,763,219	$ 1,599,972
Other comprehensive income before reclassifications, before tax			5,130
Amounts reclassified from accumulated other comprehensive loss, before tax			9,890
Income tax expense			3,969
Net current-period other comprehensive income, net of tax	8,501	813	11,051	6,978
Balance, end of period	1,852,052	1,655,240	1,852,052	1,655,240
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			910
Other comprehensive income before reclassifications, before tax			241
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			64
Net current-period other comprehensive income, net of tax			177
Balance, end of period	1,087		1,087
Funded Status of Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			(353,286)
Other comprehensive income before reclassifications, before tax			0
Amounts reclassified from accumulated other comprehensive loss, before tax			9,890
Income tax expense			2,625
Net current-period other comprehensive income, net of tax			7,265
Balance, end of period	(346,021)		(346,021)
Net Unrealized Gain/(Loss) on Available-For-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period			(486)
Other comprehensive income before reclassifications, before tax			4,889
Amounts reclassified from accumulated other comprehensive loss, before tax			0
Income tax expense			1,280
Net current-period other comprehensive income, net of tax			3,609
Balance, end of period	3,123		3,123
Total Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	(350,312)	(351,682)	(352,862)	(357,847)
Net current-period other comprehensive income, net of tax	8,501	813	11,051	6,978
Balance, end of period	$ (341,811)	$ (350,869)	$ (341,811)	$ (350,869)

Supplemental Stockholders' Eq_5

Supplemental Stockholders' Equity Information - Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other components of net periodic benefit costs/(income)	$ 1,050	$ (684)	$ 3,124	$ (2,053)
Total reclassification, before tax	(85,043)	(69,987)	(227,781)	(162,721)
Income tax expense	(20,900)	(16,372)	(57,681)	(40,211)
Total reclassification, net of tax	$ (64,143)	$ (53,615)	(170,100)	$ (122,510)
Amounts reclassified from accumulated other comprehensive loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassification, before tax			9,890
Income tax expense			2,625
Total reclassification, net of tax			7,265
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 costs/(income)			(1,459)
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 costs/(income)			11,322
Amounts reclassified from accumulated other comprehensive loss \| Pension settlement charge
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other components of net periodic benefit costs/(income)			$ 27

Supplemental Stockholders' Eq_6

Supplemental Stockholders' Equity Information - Total Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 16,990	$ 14,563	$ 49,880	$ 38,716
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	4,344	3,673	12,494	8,970
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	421	350	1,225	1,214
Product development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	6,366	5,554	19,138	14,472
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 5,859	$ 4,986	$ 17,023	$ 14,060

Segment Information - Narrative

Segment Information - Narrative (Details)	9 Months Ended
Segment Information - Narrative (Details)	Sep. 30, 2024 segment
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 - Segment I

Segment Information - Segment Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
Revenues, percent change	0.070		0.062
Total adjusted operating profit	$ 104,181	89,755	$ 284,935	235,895
Adjusted operating profit, percent change	0.161		0.208
Other components of net periodic benefit costs/(income)	$ 1,050	(684)	$ 3,124	(2,053)
Depreciation and amortization	$ 20,622	21,475	$ 61,865	64,173
Depreciation and amortization, percent change	(0.040)		(0.036)
Severance	$ 329	3,086	$ 6,230	7,578
Severance, percent change	(89.30%)		(17.80%)
Multiemployer pension plan withdrawal costs	$ 1,883	1,397	$ 4,792	3,936
Multiemployer pension plan withdrawal costs, percent change	0.348		0.217
Generative AI Litigation Costs	$ 4,620	0	$ 7,592	0
Impairment charges	0	2,503	0	15,239
Multiemployer pension plan liability adjustment	0	(2,273)	0	(2,273)
Interest income and other, net	$ 9,366	5,736	$ 26,449	13,426
Interest income and other, net percent change	0.633		0.970
Income before income taxes	$ 85,043	69,987	$ 227,781	162,721
Income before income taxes, percent change	21.50%		40%
Intersegment Eliminations
Segment Reporting Information [Line Items]
Total revenues	$ (563)	0	$ (1,688)	0
NYTG \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 596,028	563,903	$ 1,738,578	1,657,179
Revenues, percent change	0.057		0.049
Total adjusted operating profit	$ 101,543	97,654	$ 293,390	262,911
Adjusted operating profit, percent change	0.040		0.116
The Athletic \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 44,713	34,442	$ 122,400	92,758
Revenues, percent change	0.298		0.320
Total adjusted operating profit	$ 2,638	$ (7,899)	$ (8,455)	$ (27,016)
Adjusted operating profit, percent change			(0.687)

Segment Information - Revenues

Segment Information - Revenues Detail by Segment (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 640,178	$ 598,345	$ 1,859,290	$ 1,749,937
Revenues, percent change	0.070		0.062
Intersegment Eliminations
Segment Reporting Information [Line Items]
Total revenues	$ (563)	0	$ (1,688)	0
Subscription
Segment Reporting Information [Line Items]
Total revenues	$ 453,327	418,577	$ 1,321,654	1,225,709
Revenues, percent change	0.083		0.078
Advertising
Segment Reporting Information [Line Items]
Total revenues	$ 118,370	117,113	$ 341,244	341,124
Revenues, percent change	0.011		0
Other
Segment Reporting Information [Line Items]
Total revenues	$ 68,481	62,655	$ 196,392	183,104
Revenues, percent change	0.093		0.073
NYTG \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 596,028	563,903	$ 1,738,578	1,657,179
Revenues, percent change	0.057		0.049
NYTG \| Subscription \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 422,192	392,937	$ 1,233,577	1,152,130
Revenues, percent change	0.074		0.071
NYTG \| Advertising \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 109,324	108,672	$ 319,416	323,091
Revenues, percent change	0.006		(0.011)
NYTG \| Other \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 64,512	62,294	$ 185,585	181,958
Revenues, percent change	0.036		0.020
The Athletic \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 44,713	34,442	$ 122,400	92,758
Revenues, percent change	0.298		0.320
The Athletic \| Subscription \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 31,135	25,640	$ 88,077	73,579
Revenues, percent change	0.214		0.197
The Athletic \| Advertising \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 9,046	8,441	$ 21,828	18,033
Revenues, percent change	0.072		0.210
The Athletic \| Other \| Operating Segments
Segment Reporting Information [Line Items]
Total revenues	$ 4,532	$ 361	$ 12,495	$ 1,146