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x
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ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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¨
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TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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For the transition period from
to
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Delaware
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38-3910250
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(State or other jurisdiction of
incorporation or organization)
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(I.R.S. Employer
Identification No.)
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1345 Avenue of the Americas 45th floor,
New York, New York
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10105
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(Address of principal executive offices)
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(Zip Code)
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Title of each class:
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Name of each exchange on which registered:
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Common stock, par value $0.01 per share
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New York Stock Exchange
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Large accelerated filer
x
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Accelerated filer
¨
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Non-accelerated filer
¨
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Smaller reporting company
¨
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Emerging growth company
¨
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Page
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Item 1
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Item 1A
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Item 1B
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Item 2
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Item 3
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Item 4
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Item 5
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Item 6
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Item 7
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Item 7A
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Item 8
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Item 9
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Item 9A
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Item 9B
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Item 10
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Item 11
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Item 12
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Item 13
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Item 14
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Item 15
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Item 16
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•
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general economic and market conditions;
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•
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economic conditions in the Northeast, Southeast and Midwest regions of the United States;
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•
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declining advertising and circulation revenues;
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•
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our ability to grow our digital marketing and business services and digital audience and advertiser base;
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•
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the growing shift within the publishing industry from traditional print media to digital forms of publication;
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•
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our ability to grow our business organically through both our consumer and small to medium size business strategies:
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•
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our ability to acquire local media print assets at attractive valuations;
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•
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the risk that we may not realize the anticipated benefits of our recent or potential future acquisitions;
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•
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the availability and cost of capital for future investments;
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•
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our indebtedness may restrict our operations and / or require us to dedicate a portion of cash flow from operations to the payment of principal and interest;
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•
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our ability to pay dividends consistent with prior practice or at all;
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•
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our ability to reduce costs and expenses;
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•
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our ability to realize the benefits of the Management Agreement (as defined below);
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•
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the impact of any material transactions with the Manager (as defined below) or one of its affiliates, including the impact of any actual, potential or perceived conflicts of interest;
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•
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effects of the recently completed merger of Fortress Investment Group LLC with affiliates of SoftBank Group Corp.;
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•
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the competitive environment in which we operate; and
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•
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our ability to recruit and retain key personnel.
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•
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our strong and trusted local brands, with 85% of our daily newspapers having published local content for more than 100 years;
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•
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our ability to market through our print and online properties, driving branding and traffic; and
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•
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our more than 1,330 local, direct, in-market sales professionals with long standing relationships with small businesses in the communities we serve.
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•
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142 daily newspapers with total paid circulation of approximately 1.5 million;
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•
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326 weekly newspapers (published up to three times per week) with total paid circulation of approximately 318,000 and total free circulation of approximately 2.0 million;
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•
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140 “shoppers” (generally advertising-only publications) with total circulation of approximately 3.5 million;
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•
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569 locally-focused websites, which extend our businesses onto the internet and mobile devices with approximately 290 million page views per month;
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•
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two yellow page directories, with a distribution of approximately 290,000, that cover a population of approximately 419,000 people;
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•
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70 business publications; and
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•
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UpCurve Cloud and ThriveHive digital marketing.
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•
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Diversified revenue streams, both in terms of customers and markets;
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•
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Operational efficiencies realized from clustering of business assets;
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•
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Operational efficiencies realized from centralization of back office functions;
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•
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Operational efficiencies realized from improved buying power for key operating cost items through our increased size and scale;
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•
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Ability to provide consistent management practices and ensure best practices; and
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•
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Less competition and high barriers to entry.
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•
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our strong and trusted local brands, with 85% of our daily newspapers having published local content for more than 100 years;
|
•
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our ability to market through our print and online properties, driving branding and traffic; and
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•
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our more than 1,330 local, direct, in-market sales professionals with long standing relationships with small businesses in the communities we serve.
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•
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the growing shift within the publishing industry from traditional print media to digital forms of publication may compromise our ability to generate sufficient advertising revenues;
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•
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investments in growing our digital and business services may not be successful, which could adversely affect our results of operations;
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•
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our advertising and circulation revenues may decline if we are unable to compete effectively with other companies in the local media industry; and
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•
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we may not be able to successfully acquire local print media assets at attractive valuations due to a rise in valuations from a more competitive landscape of acquirers.
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Daily Newspapers
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Weekly Newspapers
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Shoppers
|
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Niche and Business Publications
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Cost:
|
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Paid
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Paid and free
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Paid and free
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Paid and free
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Distribution:
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Distributed four to seven days per week
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Distributed one to three days per week
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Distributed weekly
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Distributed weekly, bi-weekly, monthly, quarterly or annual basis
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Format:
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Printed on newsprint, folded
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Printed on newsprint, folded
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Printed on newsprint, folded or booklet
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Printed on newsprint or glossy, folded, booklet, magazine or book
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Content:
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50% editorial (local news and coverage of community events, some national headlines) and 50% ads (including classifieds)
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50% editorial (local news and coverage of community events, some national headlines for smaller markets which cannot support a daily newspaper) and 50% ads (including classifieds)
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Almost 100% ads, primarily classifieds, display and inserts
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Niche content and targeted ads (e.g., city guides, tourism guides, directories, calendars and special interest publications focused on segments including real estate, cyber security, health care, legal and small businesses)
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Income:
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Revenue from advertisers, subscribers, rack/box sales
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Paid:
Revenue from advertising, subscribers, rack/box sales
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Paid:
Revenue from advertising, rack/box sales
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Paid:
Revenue from advertising, rack/box sales
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||||
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Free:
Advertising revenue only, provide 100% market coverage
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Free:
Advertising revenue only, provide 100% market coverage
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Free:
Advertising revenue only
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Internet Availability:
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Maintain locally oriented websites, mobile sites and mobile apps, for select locations
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Major publications maintain locally oriented websites and mobile sites, for select locations
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Major publications maintain locally oriented websites
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Selectively available online
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Number of Publications
|
|
Circulation
(1)
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||||||||||||||
Operating Group
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Dailies
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Weeklies
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Shoppers and Other
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Paid
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Free
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Total
Circulation
|
||||||
Eastern US Publishing
|
53
|
|
|
160
|
|
|
27
|
|
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999,570
|
|
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1,671,382
|
|
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2,670,952
|
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Central US Publishing
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41
|
|
|
72
|
|
|
49
|
|
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465,210
|
|
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2,661,850
|
|
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3,127,060
|
|
Western US Publishing
|
48
|
|
|
94
|
|
|
64
|
|
|
362,856
|
|
|
1,286,200
|
|
|
1,649,056
|
|
BridgeTower
|
11
|
|
|
21
|
|
|
38
|
|
|
71,355
|
|
|
166,557
|
|
|
237,912
|
|
Total
|
153
|
|
|
347
|
|
|
178
|
|
|
1,898,991
|
|
|
5,785,989
|
|
|
7,684,980
|
|
|
(1)
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Circulation statistics are estimated by our management as of
December 31, 2017
.
|
|
Publications
|
|
Production
Facilities
|
||||||||
State of Operations
|
Dailies
|
|
Weeklies
|
|
Shoppers
|
|
|
||||
Massachusetts
|
9
|
|
|
107
|
|
|
5
|
|
|
1
|
|
Florida
|
11
|
|
|
13
|
|
|
6
|
|
|
7
|
|
North Carolina
|
11
|
|
|
7
|
|
|
3
|
|
|
3
|
|
Georgia
|
3
|
|
|
8
|
|
|
6
|
|
|
—
|
|
Pennsylvania
|
6
|
|
|
4
|
|
|
3
|
|
|
—
|
|
New Hampshire
|
2
|
|
|
4
|
|
|
—
|
|
|
2
|
|
Delaware
|
—
|
|
|
6
|
|
|
—
|
|
|
1
|
|
Rhode Island
|
2
|
|
|
2
|
|
|
1
|
|
|
2
|
|
New York
|
1
|
|
|
2
|
|
|
1
|
|
|
1
|
|
South Carolina
|
1
|
|
|
4
|
|
|
—
|
|
|
—
|
|
Tennessee
|
2
|
|
|
1
|
|
|
1
|
|
|
—
|
|
Alabama
|
2
|
|
|
—
|
|
|
—
|
|
|
1
|
|
Maine
|
—
|
|
|
2
|
|
|
—
|
|
|
—
|
|
Connecticut
|
1
|
|
|
—
|
|
|
1
|
|
|
—
|
|
Virginia
|
1
|
|
|
—
|
|
|
—
|
|
|
1
|
|
New Jersey
|
1
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Total
|
53
|
|
|
160
|
|
|
27
|
|
|
19
|
|
|
Publications
|
|
Production
Facilities
|
||||||||
State of Operations
|
Dailies
|
|
Weeklies
|
|
Shoppers
|
|
|
||||
Ohio
|
9
|
|
|
37
|
|
|
11
|
|
|
4
|
|
Illinois
|
14
|
|
|
20
|
|
|
16
|
|
|
4
|
|
New York
|
6
|
|
|
11
|
|
|
9
|
|
|
2
|
|
Michigan
|
9
|
|
|
1
|
|
|
11
|
|
|
3
|
|
Pennsylvania
|
2
|
|
|
1
|
|
|
1
|
|
|
1
|
|
West Virginia
|
1
|
|
|
2
|
|
|
1
|
|
|
—
|
|
Total
|
41
|
|
|
72
|
|
|
49
|
|
|
14
|
|
|
Publications
|
|
Production
Facilities
|
||||||||
State of Operations
|
Dailies
|
|
Weeklies
|
|
Shoppers
|
|
|
||||
Missouri
|
11
|
|
|
13
|
|
|
12
|
|
|
3
|
|
Kansas
|
10
|
|
|
10
|
|
|
12
|
|
|
3
|
|
Arkansas
|
4
|
|
|
23
|
|
|
2
|
|
|
1
|
|
Texas
|
4
|
|
|
10
|
|
|
13
|
|
|
3
|
|
California
|
4
|
|
|
9
|
|
|
6
|
|
|
2
|
|
Iowa
|
3
|
|
|
6
|
|
|
5
|
|
|
1
|
|
Louisiana
|
3
|
|
|
6
|
|
|
4
|
|
|
1
|
|
Minnesota
|
1
|
|
|
7
|
|
|
4
|
|
|
—
|
|
Oklahoma
|
4
|
|
|
3
|
|
|
3
|
|
|
3
|
|
Alaska
|
2
|
|
|
2
|
|
|
1
|
|
|
2
|
|
Colorado
|
1
|
|
|
3
|
|
|
—
|
|
|
1
|
|
Nebraska
|
—
|
|
|
2
|
|
|
1
|
|
|
—
|
|
North Dakota
|
1
|
|
|
—
|
|
|
1
|
|
|
1
|
|
Total
|
48
|
|
|
94
|
|
|
64
|
|
|
21
|
|
|
Year Ended December 31, 2017
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27,
2015 |
||||||
(in thousands)
|
|
|
|
|
|
||||||
Revenue:
|
|
|
|
|
|
||||||
Advertising
|
$
|
683,990
|
|
|
$
|
684,900
|
|
|
$
|
696,696
|
|
Circulation
|
474,324
|
|
|
421,497
|
|
|
378,263
|
|
|||
Commercial printing and other
|
183,690
|
|
|
148,959
|
|
|
120,856
|
|
|||
Total revenue
|
$
|
1,342,004
|
|
|
$
|
1,255,356
|
|
|
$
|
1,195,815
|
|
•
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Local Retail—local retailers, local stores for national retailers, grocers, drug stores, department and furniture stores, local financial institutions, niche shops, restaurants and other consumer related businesses.
|
•
|
Local Classified—local legal, obituaries, employment, automotive, real estate and other advertising.
|
•
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Online—banner, display, classified, behavioral targeting, audience extension, search and other advertising on websites or mobile devices.
|
•
|
National—national and major accounts such as wireless communications companies, airlines and hotels, generally placed with us through agencies.
|
•
|
Consumer research to better understand local content of interest;
|
•
|
Increasing the amount of unique hyper-local content;
|
•
|
Increasing the use of color and color photographs;
|
•
|
Improving graphic design, including complete redesigns;
|
•
|
Developing creative and interactive promotional campaigns;
|
•
|
Improving customer service and company-wide customer retention efforts; and
|
•
|
Better use of demographic data to specifically target pricing and customer acquisition opportunities.
|
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
Massachusetts
|
|
Brockton
|
|
The Enterprise
www.enterprisenews.com
|
|
Daily
|
|
|
Fall River
|
|
The Herald News
www.heraldnews.com
|
|
Daily
|
|
|
Framingham
|
|
The Metrowest Daily News
www.metrowestdailynews.com
|
|
Daily
|
|
|
Hyannis
|
|
Cape Cod Times
www.capecodonline.com
|
|
Daily
|
|
|
Milford
|
|
The Milford Daily News
www.milforddailynews.com
|
|
Daily
|
|
|
New Bedford
|
|
The Standard-Times
www.southcoasttoday.com
|
|
Daily
|
|
|
Quincy
|
|
Patriot Ledger
www.patriotledger.com
|
|
Daily
|
|
|
Taunton
|
|
Taunton Daily Gazette
www.tauntongazette.com
|
|
Daily
|
|
|
Worcester
|
|
Telegram & Gazette
www.telegram.com
|
|
Daily
|
|
|
Abington
|
|
Abington Mariner
www.wickedlocal.com/abington
|
|
Paid Weekly
|
|
|
Acton/Roxborough
|
|
The Beacon
www.wickedlocal.com/acton
|
|
Paid Weekly
|
|
|
Allston
|
|
Allston/Brighton Tab
www.wickedlocal.com/allston
|
|
Paid Weekly
|
|
|
Arlington
|
|
The Arlington Advocate
www.wickedlocal.com/arlington
|
|
Paid Weekly
|
|
|
Bedford
|
|
Bedford Minuteman
www.wickedlocal.com/bedford
|
|
Paid Weekly
|
|
|
Belmont
|
|
Belmont Citizen-Herald
www.wickedlocal.com/belmont
|
|
Paid Weekly
|
|
|
Beverly
|
|
Beverly Citizen
www.wickedlocal.com/beverly
|
|
Paid Weekly
|
|
|
Billerica
|
|
Billerica Minuteman
www.wickedlocal.com/billerica
|
|
Paid Weekly
|
|
|
Boxford
|
|
Tri-Town Transcript
www.wickedlocal.com/boxford
|
|
Paid Weekly
|
|
|
Braintree
|
|
Braintree Forum
www.wickedlocal.com/braintree
|
|
Paid Weekly
|
|
|
Brewster
|
|
The Cape Codder
www.wickedlocal.com/capecod
|
|
Paid Weekly
|
|
|
Burlington
|
|
Burlington Union
www.wickedlocal.com/burlington
|
|
Paid Weekly
|
|
|
Cambridge
|
|
Cambridge Chronicle & Tab
www.wickedlocal.com/cambridge
|
|
Paid Weekly
|
|
|
Carver
|
|
Carver Reporter
www.wickedlocal.com/carver
|
|
Paid Weekly
|
|
|
Chelmsford
|
|
Chelmsford Independent
www.wickedlocal.com/chelmsford
|
|
Paid Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Clinton
|
|
The Item
|
|
Paid Weekly
|
|
|
Cohasset
|
|
Cohasset Mariner
www.wickedlocal.com/cohasset
|
|
Paid Weekly
|
|
|
Concord
|
|
The Concord Journal
www.wickedlocal.com/concord
|
|
Paid Weekly
|
|
|
Danvers
|
|
Danvers Herald
www.wickedlocal.com/danvers
|
|
Paid Weekly
|
|
|
Dedham
|
|
Dedham Transcript
www.wickedlocal.com/dedham
|
|
Paid Weekly
|
|
|
Dover
|
|
Dover/Sherborn Press
www.wickedlocal.com/dover
|
|
Paid Weekly
|
|
|
Easton
|
|
Easton Journal
www.wickedlocal.com/easton
|
|
Paid Weekly
|
|
|
Framingham
|
|
Westwood Press
www.wickedlocal.com/westwood
|
|
Paid Weekly
|
|
|
Georgetown
|
|
Georgetown Record
www.wickedlocal.com/georgetown
|
|
Paid Weekly
|
|
|
Hamilton
|
|
Hamilton-Wenham Chronicle
www.wickedlocal.com/hamilton
|
|
Paid Weekly
|
|
|
Hanover
|
|
Hanover Mariner
www.wickedlocal.com/hanover
|
|
Paid Weekly
|
|
|
Hingham
|
|
The Hingham Journal
www.wickedlocal.com/hingham
|
|
Paid Weekly
|
|
|
Holbrook
|
|
Holbrook Sun
www.wickedlocal.com/holbrook
|
|
Paid Weekly
|
|
|
Hopkinton
|
|
Hopkinton Crier
www.wickedlocal.com/hopkinton
|
|
Paid Weekly
|
|
|
Hudson
|
|
Hudson Sun
www.wickedlocal.com/hudson
|
|
Paid Weekly
|
|
|
Hyannis
|
|
The Register
www.wickedlocal.com/barnstable
|
|
Paid Weekly
|
|
|
Hyannis
|
|
Barnstable Patriot
www.barnstablepatriot.com
|
|
Paid Weekly
|
|
|
Ipswich
|
|
Ipswich Chronicle
www.wickedlocal.com/ipswich
|
|
Paid Weekly
|
|
|
Kingston
|
|
Kingston Reporter
www.wickedlocal.com/kingston
|
|
Paid Weekly
|
|
|
Lexington
|
|
Lexington Minuteman
www.wickedlocal.com/lexington
|
|
Paid Weekly
|
|
|
Lincoln
|
|
Lincoln Journal
www.wickedlocal.com/lincoln
|
|
Paid Weekly
|
|
|
Littleton
|
|
Littleton Independent
www.wickedlocal.com/littleton
|
|
Paid Weekly
|
|
|
Malden
|
|
Malden Observer
www.wickedlocal.com/malden
|
|
Paid Weekly
|
|
|
Mansfield
|
|
Mansfield News
www.wickedlocal.com/mansfield
|
|
Paid Weekly
|
|
|
Marblehead
|
|
Marblehead Reporter
www.wickedlocal.com/marblehead
|
|
Paid Weekly
|
|
|
Marion
|
|
The Sentinel
www.wickedlocal.com/marion
|
|
Paid Weekly
|
|
|
Marlborough
|
|
Marlborough Enterprise
www.wickedlocal.com/marlborough
|
|
Paid Weekly
|
|
|
Marshfield
|
|
Marshfield Mariner
www.wickedlocal.com/marshfield
|
|
Paid Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Maynard/Stow
|
|
The Beacon-Villager
www.wickedlocal.com/maynard
|
|
Paid Weekly
|
|
|
Medfield
|
|
Medfield Press
www.wickedlocal.com/medfield
|
|
Paid Weekly
|
|
|
Medford
|
|
Medford Transcript
www.wickedlocal.com/medford
|
|
Paid Weekly
|
|
|
Melrose
|
|
Melrose Free Press
www.wickedlocal.com/melrose
|
|
Paid Weekly
|
|
|
Middleboro
|
|
Middleboro Gazette
www.southcoasttoday.com
|
|
Paid Weekly
|
|
|
Nantucket
|
|
Nantucket Inquirer & Mirror
www.ack.net
www.discovernantucket.com
|
|
Paid Weekly
|
|
|
Natick
|
|
Natick Bulletin & Tab
www.wickedlocal.com/natick
|
|
Paid Weekly
|
|
|
New Bedford
|
|
Advocate
|
|
Paid Weekly
|
|
|
New Bedford
|
|
Chronicle
|
|
Paid Weekly
|
|
|
New Bedford
|
|
Spectator
|
|
Paid Weekly
|
|
|
North Andover
|
|
North Andover Citizen
www.wickedlocal.com/northandover
|
|
Paid Weekly
|
|
|
Northborough/Southborough
|
|
The Northborough/Southborough Villager
www.wickedlocal.com/northborough
|
|
Paid Weekly
|
|
|
Norwell
|
|
Norwell Mariner
www.wickedlocal.com/norwell
|
|
Paid Weekly
|
|
|
Norwood
|
|
Norwood Transcript & Bulletin
www.wickedlocal.com/norwood
|
|
Paid Weekly
|
|
|
Pembroke
|
|
Pembroke Mariner & Express
www.wickedlocal.com/pembroke
|
|
Paid Weekly
|
|
|
Plymouth
|
|
Old Colony Memorial
www.wickedlocal.com/plymouth
|
|
Paid Weekly
|
|
|
Provincetown
|
|
The Provincetown Banner
www.wikedlocal.com/provincetown
|
|
Paid Weekly
|
|
|
Reading
|
|
The Reading Advocate
www.wickedlocal.com/reading
|
|
Paid Weekly
|
|
|
Rockland
|
|
Rockland Standard
www.wickedlocal.com/rockland
|
|
Paid Weekly
|
|
|
Roslindale
|
|
Roslindale Transcript
www.wickedlocal.com/roslindale
|
|
Paid Weekly
|
|
|
Saugus
|
|
Saugus Advertiser
www.wickedlocal.com/saugus
|
|
Paid Weekly
|
|
|
Scituate
|
|
Scituate Mariner
www.wickedlocal.com/scituate
|
|
Paid Weekly
|
|
|
Sharon
|
|
Sharon Advocate
www.wickedlocal.com/sharon
|
|
Paid Weekly
|
|
|
Shrewsbury
|
|
Shrewsbury Chronicle
www.wickedlocal.com/shrewsbury
|
|
Paid Weekly
|
|
|
Somerville
|
|
Somerville Journal
www.wickedlocal.com/somerville
|
|
Paid Weekly
|
|
|
Stoughton
|
|
Stoughton Journal
www.wickedlocal.com/stoughton
|
|
Paid Weekly
|
|
|
Sudbury
|
|
The Sudbury Town Crier
www.wickedlocal.com/sudbury
|
|
Paid Weekly
|
|
|
Swampscott
|
|
Swampscott Reporter
www.wickedlocal.com/swampscott
|
|
Paid Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Tewksbury
|
|
Tewksbury Reporter
www.wickedlocal.com/tewksbury
|
|
Paid Weekly
|
|
|
Wakefield
|
|
Wakefield Observer
www.wickedlocal.com/wakefield
|
|
Paid Weekly
|
|
|
Walpole
|
|
The Walpole Times
www.wickedlocal.com/walpole
|
|
Paid Weekly
|
|
|
Waltham
|
|
Waltham News Tribune
www.wickedlocal.com/waltham
|
|
Paid Weekly
|
|
|
Wareham
|
|
Wareham Courier
www.wickedlocal.com/wareham
|
|
Paid Weekly
|
|
|
Watertown
|
|
Watertown Tab & Press
www.wickedlocal.com/watertown
|
|
Paid Weekly
|
|
|
Wayland
|
|
The Wayland Town Crier
www.wickedlocal.com/wayland
|
|
Paid Weekly
|
|
|
Wellesley
|
|
The Wellesley Townsman
www.wickedlocal.com/wellesley
|
|
Paid Weekly
|
|
|
West Roxbury
|
|
West Roxbury Transcript
www.wickedlocal.com/west-roxbury
|
|
Paid Weekly
|
|
|
Westborough
|
|
Westborough News
www.wickedlocal.com/westborough
|
|
Paid Weekly
|
|
|
Westford
|
|
Westford Eagle
www.wickedlocal.com/westford
|
|
Paid Weekly
|
|
|
Weston
|
|
The Weston Town Crier
www.wickedlocal.com/weston
|
|
Paid Weekly
|
|
|
Weymouth
|
|
Weymouth News
www.wickedlocal.com/weymouth
|
|
Paid Weekly
|
|
|
Winchester
|
|
The Winchester Star
www.wickedlocal.com/winchester
|
|
Paid Weekly
|
|
|
Bellingham
|
|
County Gazette
www.wickedlocal.com/franklin
|
|
Free Weekly
|
|
|
Boston
|
|
Boston Homes
www.linkbostonhomes.com
|
|
Free Weekly
|
|
|
Bourne
|
|
Bourne Courier
www.wickedlocal.com/bourne
|
|
Free Weekly
|
|
|
Bridgewater
|
|
Bridgewater Independent
www.wickedlocal.com/bridgewater
|
|
Free Weekly
|
|
|
Brookline
|
|
Brookline Tab
www.wickedlocal.com/brookline
|
|
Free Weekly
|
|
|
Canton
|
|
Canton Journal
www.wickedlocal.com/canton
|
|
Free Weekly
|
|
|
Danvers
|
|
North Shore Sunday
|
|
Free Weekly
|
|
|
Fall River
|
|
OJornal
www.ojournal.com
|
|
Free Weekly
|
|
|
Falmouth
|
|
The Bulletin
www.wickedlocal.com/falmouth
|
|
Free Weekly
|
|
|
Framingham
|
|
Framingham Tab
www.wickedlocal.com/framingham
|
|
Free Weekly
|
|
|
Gloucester
|
|
Cape Ann Beacon
|
|
Free Weekly
|
|
|
Needham
|
|
Needham Times
www.wickedlocal.com/needham
|
|
Free Weekly
|
|
|
Newburyport
|
|
The Newburyport Current
www.wickedlocal.com/newburyport
|
|
Free Weekly
|
|
|
Newton
|
|
Newton Tab
www.wickedlocal.com/newton
|
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
North Attleborough
|
|
The North Attleborough Free Press
www.wickedlocal.com/northattleborough
|
|
Free Weekly
|
|
|
Randolph
|
|
Randolph Herald
www.wickedlocal.com/randolph
|
|
Free Weekly
|
|
|
Raynham
|
|
Raynham Call
www.wickedlocal.com/raynham
|
|
Free Weekly
|
|
|
Salem
|
|
Salem Gazette
www.wickedlocal.com/salem
|
|
Free Weekly
|
|
|
Sandwich
|
|
Sandwich Broadsider
|
|
Free Weekly
|
|
|
Stoneham
|
|
Stoneham Sun
www.wickedlocal.com/stoneham
|
|
Free Weekly
|
|
|
Wilmington
|
|
Wilmington Advocate
www.wickedlocal.com/wilmington
|
|
Free Weekly
|
|
|
Woburn
|
|
Woburn Advocate
www.wickedlocal.com/woburn
|
|
Free Weekly
|
|
|
Fall River
|
|
South Coast Life
|
|
Shopper
|
|
|
Hyannis
|
|
DollarSaver/TMC
|
|
Shopper
|
|
|
Middleboro
|
|
Middleboro Gazette Extra/TMC
www.southcoasttoday.com
|
|
Shopper
|
|
|
New Bedford
|
|
SouthCoast MarketPlace/TMC
|
|
Shopper
|
|
|
Taunton
|
|
Yellow Jacket
|
|
Shopper
|
|
|
Amesbury
|
|
www.wickedlocal.com/amesbury
|
|
On-line Only
|
|
|
Ashland
|
|
www.wickedlocal.com/ashland
|
|
On-line Only
|
|
|
Avon
|
|
www.wickedlocal.com/avon
|
|
On-line Only
|
|
|
Bellingham
|
|
www.wickedlocal.com/bellingham
|
|
On-line Only
|
|
|
Berkley
|
|
www.wickedlocal.com/berkley
|
|
On-line Only
|
|
|
Bolton
|
|
www.wickedlocal.com/bolton
|
|
On-line Only
|
|
|
Boxborough
|
|
www.wickedlocal.com/boxborough
|
|
On-line Only
|
|
|
Brewster
|
|
www.wickedlocal.com/brewster
|
|
On-line Only
|
|
|
Brockton
|
|
www.wickedlocal.com/brockton
|
|
On-line Only
|
|
|
Chatham
|
|
www.wickedlocal.com/chatham
|
|
On-line Only
|
|
|
Clinton
|
|
www.wickedlocal.com/clinton
|
|
On-line Only
|
|
|
Dennis
|
|
www.wickedlocal.com/dennis
|
|
On-line Only
|
|
|
Dighton
|
|
www.wickedlocal.com/dighton
|
|
On-line Only
|
|
|
Duxbury
|
|
www.wickedlocal.com/duxbury
|
|
On-line Only
|
|
|
East Bridgewater
|
|
www.wickedlocal.com/bridgewatereast
|
|
On-line Only
|
|
|
Eastham
|
|
www.wickedlocal.com/eastham
|
|
On-line Only
|
|
|
Essex
|
|
www.wickedlocal.com/essex
|
|
On-line Only
|
|
|
Fall River
|
|
www.wickedlocal.com/fall-river
|
|
On-line Only
|
|
|
Foxborough
|
|
www.wickedlocal.com/foxborough
|
|
On-line Only
|
|
|
Gloucester
|
|
www.wickedlocal.com/gloucester
|
|
On-line Only
|
|
|
Halifax
|
|
www.wickedlocal.com/halifax
|
|
On-line Only
|
|
|
Hanson
|
|
www.wickedlocal.com/hanson
|
|
On-line Only
|
|
|
Harvard
|
|
www.wickedlocal.com/harvard
|
|
On-line Only
|
|
|
Harwich
|
|
www.wickedlocal.com/harwich
|
|
On-line Only
|
|
|
Holliston
|
|
www.wickedlocal.com/holliston
|
|
On-line Only
|
|
|
Hopedale
|
|
www.wickedlocal.com/hopedale
|
|
On-line Only
|
|
|
Hull
|
|
www.wickedlocal.com/hull
|
|
On-line Only
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Lakeville
|
|
www.wickedlocal.com/lakeville
|
|
On-line Only
|
|
|
Lancaster
|
|
www.wickedlocal.com/lancaster
|
|
On-line Only
|
|
|
Manchester
|
|
www.wickedlocal.com/manchester
|
|
On-line Only
|
|
|
Mashpee
|
|
www.wickedlocal.com/mashpee
|
|
On-line Only
|
|
|
Mattapoisett
|
|
www.wickedlocal.com/mattapoisett
|
|
On-line Only
|
|
|
Medway
|
|
www.wickedlocal.com/medway
|
|
On-line Only
|
|
|
Mendon
|
|
www.wickedlocal.com/mendon
|
|
On-line Only
|
|
|
Middleborough
|
|
www.wickedlocal.com/middleborough
|
|
On-line Only
|
|
|
Middleton
|
|
www.wickedlocal.com/middleton
|
|
On-line Only
|
|
|
Milford
|
|
www.wickedlocal.com/milford
|
|
On-line Only
|
|
|
Millis
|
|
www.wickedlocal.com/millis
|
|
On-line Only
|
|
|
Milton
|
|
www.wickedlocal.com/milton
|
|
On-line Only
|
|
|
Nantucket
|
|
www.wickedlocal.com/nantucket
|
|
On-line Only
|
|
|
Norfolk
|
|
www.wickedlocal.com/norfolk
|
|
On-line Only
|
|
|
North Boston
|
|
www.wickedlocal.com/northofboston
|
|
On-line Only
|
|
|
Norton
|
|
www.wickedlocal.com/norton
|
|
On-line Only
|
|
|
Orleans
|
|
www.wickedlocal.com/orleans
|
|
On-line Only
|
|
|
Plainville
|
|
www.wickedlocal.com/plainville
|
|
On-line Only
|
|
|
Plymouth
|
|
www.plymouthguide.com
|
|
On-line Only
|
|
|
Plympton
|
|
www.wickedlocal.com/plympton
|
|
On-line Only
|
|
|
Quincy
|
|
www.wickedlocal.com/quincy
|
|
On-line Only
|
|
|
Rehoboth
|
|
www.wickedlocal.com/rehoboth
|
|
On-line Only
|
|
|
Rochester
|
|
www.wickedlocal.com/rochester
|
|
On-line Only
|
|
|
Rockport
|
|
www.wickedlocal.com/rockport
|
|
On-line Only
|
|
|
Sandwich
|
|
www.wickedlocal.com/sandwich
|
|
On-line Only
|
|
|
Sherborn
|
|
www.wickedlocal.com/sherborn
|
|
On-line Only
|
|
|
Somerset
|
|
www.wickedlocal.com/somerset
|
|
On-line Only
|
|
|
Southborough
|
|
www.wickedlocal.com/southborough
|
|
On-line Only
|
|
|
Stow
|
|
www.wickedlocal.com/stow
|
|
On-line Only
|
|
|
Swansea
|
|
www.wickedlocal.com/swansea
|
|
On-line Only
|
|
|
Taunton
|
|
www.wickedlocal.com/taunton
|
|
On-line Only
|
|
|
Topsfield
|
|
www.wickedlocal.com/topsfield
|
|
On-line Only
|
|
|
Truro
|
|
www.wickedlocal.com/truro
|
|
On-line Only
|
|
|
Upton
|
|
www.wickedlocal.com/upton
|
|
On-line Only
|
|
|
Wellfleet
|
|
www.wickedlocal.com/wellfleet
|
|
On-line Only
|
|
|
Wenham
|
|
www.wickedlocal.com/wenham
|
|
On-line Only
|
|
|
West Bridgewater
|
|
www.wickedlocal.com/bridgewaterwest
|
|
On-line Only
|
|
|
West Port
|
|
www.wickedlocal.com/westport
|
|
On-line Only
|
|
|
Whitman
|
|
www.wickedlocal.com/whitman
|
|
On-line Only
|
|
|
Wrentham
|
|
www.wickedlocal.com/wrentham
|
|
On-line Only
|
|
|
Yarmouth
|
|
www.wickedlocal.com/yarmouth
|
|
On-line Only
|
Florida
|
|
Daytona Beach
|
|
Daytona Beach News-Journal
www.news-journalonline.com
|
|
Daily
|
|
|
Fort Walton Beach
|
|
Northwest Florida Daily News
www.nwfdailynews.com
www.nwfdailynews.com/eat-play-stay-destin
www.nwfvarsity.com
|
|
Daily
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Gainesville
|
|
The Gainesville Sun
www.gainesville.com
www.gatorsports.com
|
|
Daily
|
|
|
Jacksonville
|
|
The Florida Times-Union
www.jacksonville.com |
|
Daily
|
|
|
Lakeland
|
|
The Ledger
www.theledger.com
|
|
Daily
|
|
|
Leesburg
|
|
Daily Commercial
www.dailycommercial.com
|
|
Daily
|
|
|
Ocala
|
|
Ocala Star Banner
www.ocala.com
|
|
Daily
|
|
|
Panama City
|
|
Panama City News Herald
www.newsherald.com
www.panhandlevarsity.com
|
|
Daily
|
|
|
Sarasota
|
|
Herald-Tribune
www.heraldtribune.com
|
|
Daily
|
|
|
St. Augustine
|
|
The St. Augustine Record
www.staugustine.com www.visitstaug.com |
|
Daily
|
|
|
Winter Haven
|
|
News Chief
www.newschief.com
|
|
Daily
|
|
|
Apalachicola
|
|
The Times
www.apalachitimes.com
|
|
Paid Weekly
|
|
|
Bonifay
|
|
Holmes County Times Advertiser
|
|
Paid Weekly
|
|
|
Chipley
|
|
Washington County News
www.chipleypaper.com
|
|
Paid Weekly
|
|
|
Crestview
|
|
Crestview News Bulletin
www.crestviewbulletin.com
|
|
Paid Weekly
|
|
|
Destin
|
|
The Destin Log
www.thedestinlog.com
|
|
Paid Weekly
|
|
|
Milton
|
|
Santa Rosa Press Gazette
www.srpressgazette.com
|
|
Paid Weekly
|
|
|
Port St. Joe
|
|
The Star
www.starfl.com
|
|
Paid Weekly
|
|
|
Clermont
|
|
South Lake Press
www.southlakepress.com
|
|
Free Weekly
|
|
|
Gainesville
|
|
Gainesville Sun
|
|
Free Weekly
|
|
|
Jacksonville
|
|
JAX Air News
www.jaxairnews.jacksonville.com |
|
Free Weekly
|
|
|
Jacksonville
|
|
Kingsbay Periscope
www.kingsbayperiscope.jacksonville.com |
|
Free Weekly
|
|
|
Jacksonville
|
|
Mayport Mirror
www.mayportmirror.com |
|
Free Weekly
|
|
|
Santa Rosa Beach
|
|
The Walton Sun
www.waltonsun.com
|
|
Free Weekly
|
|
|
Daytona Beach
|
|
Daytona Pennysaver
|
|
Shopper
|
|
|
Daytona Beach
|
|
Flagler Pennysaver
|
|
Shopper
|
|
|
Daytona Beach
|
|
New Smyrna Pennysaver
|
|
Shopper
|
|
|
Daytona Beach
|
|
West Voluisa Pennysaver
|
|
Shopper
|
|
|
Jacksonville
|
|
SMC
|
|
Shopper
|
|
|
St. Augustine
|
|
St. Johns Sun Shopper
|
|
Shopper
|
North Carolina
|
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Asheboro
|
|
The Courier-Tribune
www.courier-tribune.com
|
|
Daily
|
State
|
|
City
|
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Masthead
|
|
Circulation Type
|
|
|
Burlington
|
|
Times-News
www.thetimesnews.com
|
|
Daily
|
|
|
Fayetteville
|
|
The Fayetteville Observer
www.fayobserver.com |
|
Daily
|
|
|
Gastonia
|
|
The Gaston Gazette
www.gastongazette.com
|
|
Daily
|
|
|
Hendersonville
|
|
Times-News
www.blueridgenow.com
|
|
Daily
|
|
|
Jacksonville
|
|
The Daily News
www.jdnews.com
|
|
Daily
|
|
|
Kinston
|
|
The Free Press
www.kinston.com
|
|
Daily
|
|
|
Lexington
|
|
The Dispatch
www.the-dispatch.com
|
|
Daily
|
|
|
New Bern
|
|
Sun Journal
www.newbernsj.com
|
|
Daily
|
|
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Shelby
|
|
The Star
www.shelbystar.com
|
|
Daily
|
|
|
Wilmington
|
|
Star News
www.starnewsonline.com
|
|
Daily
|
|
|
Asheville
|
|
IWANNA Asheville
|
|
Paid Weekly
|
|
|
Greenville
|
|
IWANNA Greenville
|
|
Paid Weekly
|
|
|
Havelock
|
|
Havelock News
www.havenews.com
|
|
Paid Weekly
|
|
|
Fayetteville
|
|
Camp LeJune Globe
www.camplejuneglobe.com |
|
Free Weekly
|
|
|
Fayetteville
|
|
Ft. Bragg Life
|
|
Free Weekly
|
|
|
Fayetteville
|
|
Ft. Bragg Paraglide
www.paraglideonline.net |
|
Free Weekly
|
|
|
Surf City
|
|
Topsail Advertiser
|
|
Free Weekly
|
|
|
Asheboro
|
|
CT Marketplace
|
|
Shopper
|
|
|
Fayetteville
|
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Sandspur
|
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Shopper
|
|
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Fayetteville
|
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Observer Marketplace
|
|
Shopper
|
Georgia
|
|
Athens
|
|
Athens Banner-Herald
www.onlineathens.com |
|
Daily
|
|
|
Augusta
|
|
The Augusta Chronicle
www.augustachronicle.com www.augusta.com |
|
Daily
|
|
|
Savannah
|
|
Savannah Morning News
www.savannahmorningnews.com www.businesssavannah.com www.health.savannahnow.com www.know.savannahow.com www.lavozlatinaonline.com www.dosavannah.com
www.dining.savannahnow.com
|
|
Daily
|
|
|
Augusta
|
|
The Columbia County News-Times
www.newstimes.augusta.com |
|
Paid Weekly
|
|
|
Augusta
|
|
The Hampton County Guardian
|
|
Free Weekly
|
|
|
Augusta
|
|
Richmond County Neighbors
|
|
Free Weekly
|
|
|
Augusta
|
|
Sylvania Telephone
www.sylvaniatelephone.com |
|
Free Weekly
|
|
|
Louisville
|
|
The Jefferson News-Farmer
www.thenewsandfarmer.com |
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Savannah
|
|
Bryan County Now
|
|
Free Weekly
|
|
|
Savannah
|
|
Effingham Now
|
|
Free Weekly
|
|
|
Savannah
|
|
The Jet Stream
|
|
Free Weekly
|
|
|
Athens
|
|
Around Athens Deals SMC
|
|
Shopper
|
|
|
Athens
|
|
The Oconee Leader
|
|
Shopper
|
|
|
Augusta
|
|
Columbia County Today
|
|
Shopper
|
|
|
Augusta
|
|
Richmond County Today
|
|
Shopper
|
|
|
Augusta
|
|
North Augusta Today
|
H
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Shopper
|
|
|
Augusta
|
|
Tell-N-Sell
www.tell-n-sell.com |
|
Shopper
|
Pennsylvania
|
|
Beaver
|
|
Beaver County Times
www.timesonline.com |
|
Daily
|
|
|
Doylestown
|
|
The Intelligencer
www.theintell.com |
|
Daily
|
|
|
Ellwood City
|
|
Ellwood City Ledger
www.ellwoodcityledger.com |
|
Daily
|
|
|
Honesdale
|
|
The Wayne Independent
www.wayneindependent.com |
|
Daily
|
|
|
Levittown
|
|
Bucks County Courier Times
www.buckscountycuriertimes.com |
|
Daily
|
|
|
Stroudsburg
|
|
Pocono Record
www.poconorecord.com
|
|
Daily
|
|
|
Carbondale
|
|
The Villager
www.moscowvillager.com
|
|
Paid Weekly
|
|
|
Carbondale
|
|
Carbondale News
www.thecarbondalenews.com
|
|
Paid Weekly
|
|
|
Hawley
|
|
News Eagle
www.neagle.com |
|
Paid Weekly
|
|
|
Stroudsburg
|
|
Pike & Monroe Life
|
|
Free Weekly
|
|
|
Hawley
|
|
The Pike Pennysaver
|
|
Shopper
|
|
|
Honesdale
|
|
The Independent Extra
|
|
Shopper
|
|
|
Stroudsburg
|
|
Plus/TMC
|
|
Shopper
|
New Hampshire
|
|
Dover
|
|
Foster’s Daily Democrat
www.fosters.com
|
|
Daily
|
|
|
Portsmouth
|
|
Portsmouth Herald
www.seacoastonline.com
|
|
Daily
|
|
|
Exeter
|
|
Exeter News-Letter
|
|
Paid Weekly
|
|
|
Hampton
|
|
Hampton Union
|
|
Paid Weekly
|
|
|
Portsmouth
|
|
Seacoast Sunday
|
|
Paid Weekly
|
|
|
Hampton
|
|
Beachcomber
|
|
Free Weekly
|
Delaware
|
|
Dover
|
|
Smyrna/Clayton Sun Times
www.scsuntimes.com |
|
Paid Weekly
|
|
|
Dover
|
|
The Middletown Transcript
www.middletowntranscript.com |
|
Paid Weekly
|
|
|
Dover
|
|
Community Publication
www.communitypub.com |
|
Free Weekly
|
|
|
Dover
|
|
Dover Post
www.doverpost.com www.delmarvaexpress.com |
|
Free Weekly
|
|
|
Dover
|
|
Milford Beacon
www.milfordbeacon.com |
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Dover
|
|
The Sussex Countian
www.sussexcountian.com |
|
Free Weekly
|
Rhode Island
|
|
Newport
|
|
The Newport Daily Independent
www.newportri.com/newportdailynews |
|
Daily
|
|
|
Providence
|
|
The Providence Journal
www.providencejournal.com
|
|
Daily
|
|
|
Newport
|
|
The Independent
|
|
Paid Weekly
|
|
|
Newport
|
|
The Newport Mercury
www.newportri.com/newportmercury |
|
Free Weekly
|
|
|
Providence
|
|
Providence Journal Express
|
|
Shopper
|
New York
|
|
Middletown
|
|
Times Herald-Record
www.recordonline.com
|
|
Daily
|
|
|
Middletown
|
|
The Gazette
www.hudsonvalley.com
|
|
Free Weekly
|
|
|
Middletown
|
|
Pointer View
www.pointerview.com
|
|
Free Weekly
|
|
|
Middletown
|
|
Extra/TMC
|
|
Shopper
|
South Carolina
|
|
Spartanburg
|
|
Herald-Journal
www.goupstate.com
|
|
Daily
|
|
|
Jasper
|
|
Jasper County Sun Times
www.jaspersuntimes.com |
|
Paid Weekly
|
|
|
Barnwell
|
|
The People-Sentinel
www.thepeoplesentinel.com |
|
Free Weekly
|
|
|
Bluffton
|
|
Bluffton Today
www.blufftontoday.com |
|
Free Weekly
|
|
|
Bluffton
|
|
The Sun Today
|
|
Free Weekly
|
Tennessee
|
|
Columbia
|
|
Columbia Daily Herald
www.columbiadailyherald.com
|
|
Daily
|
|
|
Oak Ridge
|
|
The Oak Ridger
www.oakridger.com |
|
Daily
|
|
|
Columbia
|
|
The Advertiser News
www.advertisernews.biz
|
|
Free Weekly
|
|
|
Columbia
|
|
Value Guide
|
|
Shopper
|
Alabama
|
|
Gadsden
|
|
The Gadsden Times
www.gadsdentimes.com
|
|
Daily
|
|
|
Tuscaloosa
|
|
The Tuscaloosa News
www.tuscaloosanews.com
www.tidesports.com
|
|
Daily
|
Maine
|
|
Kennebunk
|
|
York County Coast Star
www.seacoastonline.com
|
|
Paid Weekly
|
|
|
York
|
|
York Weekly
www.seacoastonline.com
|
|
Paid Weekly
|
Connecticut
|
|
Norwich
|
|
The Bulletin
www.norwichbulletin.com
|
|
Daily
|
|
|
Norwich
|
|
Bulletin Deals
|
|
Shopper
|
Virginia
|
|
Petersburg
|
|
The Progress-Index
www.progress-index.com |
|
Daily
|
New Jersey
|
|
Willingboro
|
|
Burlington County Times
www.burlingtoncountytimes.com |
|
Daily
|
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
Ohio
|
|
Alliance
|
|
The Alliance Review
www.the-review.com |
|
Daily
|
|
|
Ashland
|
|
The Times-Gazette
www.times-gazette.com |
|
Daily
|
|
|
Cambridge
|
|
The Daily Jeffersonian
www.daily-jeff.com |
|
Daily
|
|
|
Kent
|
|
Record-Courier
www.record-courier.com www.mytownneo.com |
|
Daily
|
|
|
Canton
|
|
The Repository
www.cantonrep.com
www.fridaynightohio.com
|
|
Daily
|
|
|
Columbus
|
|
The Columbus Dispatch
www.dispatch.com
|
|
Daily
|
|
|
Dover/New Philadelphia
|
|
The Times-Reporter
www.timesreporter.com
|
|
Daily
|
|
|
Massillon
|
|
The Independent
www.indeonline.com
|
|
Daily
|
|
|
Wooster
|
|
The Daily Record
www.the-daily-record.com www.goodtimesohio.com |
|
Daily
|
|
|
Barnesville
|
|
Barnesville Enterprise
www.barnesville-enterprise.com |
|
Paid Weekly
|
|
|
Newcomerstown
|
|
Newcomerstown News
www.newcomerstown-news.com |
|
Paid Weekly
|
|
|
Alliance
|
|
The News Leader
|
|
Free Weekly
|
|
|
Alliance
|
|
Press-News
|
|
Free Weekly
|
|
|
Ashland
|
|
Mohican Area Shopper
|
|
Free Weekly
|
|
|
Bexley
|
|
This Week Bexley
www.thisweeknews.com/bexley
|
|
Free Weekly
|
|
|
Clintonville
|
|
This Week Clintonville (Booster)
www.thisweeknews.com/clintonville
|
|
Free Weekly
|
|
|
Columbus
|
|
The Bag
|
|
Free Weekly
|
|
|
Columbus
|
|
Alive
|
|
Free Weekly
|
|
|
Columbus
|
|
This Week Westside
www.thisweeknews.com/west-side
|
|
Free Weekly
|
|
|
Delaware
|
|
This Week Delaware
www.thisweeknews.com/delaware
|
|
Free Weekly
|
|
|
Dublin
|
|
This Week Dublin
www.thisweeknews.com/dublin
|
|
Free Weekly
|
|
|
German Village
|
|
This Week German Village
www.thisweeknews.com/german-village
|
|
Free Weekly
|
|
|
Grandview
|
|
This Week Grandview
www.thisweeknews.com/grandview
|
|
Free Weekly
|
|
|
Green
|
|
The Suburbanite
www.thesuburbanite.com
|
|
Free Weekly
|
|
|
Grove City
|
|
This Week Grove City
www.thisweeknews.com/grove-city
|
|
Free Weekly
|
|
|
Hilliard
|
|
This Week Hilliard
www.thisweeknews.com/hilliard
|
|
Free Weekly
|
|
|
Kent
|
|
Falls News-Press
|
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Kent
|
|
Stow Sentry
|
|
Free Weekly
|
|
|
Kent
|
|
Tallmadge Express
|
|
Free Weekly
|
|
|
Kent
|
|
Hudson Hub Times
|
|
Free Weekly
|
|
|
Kent
|
|
Twinsburg Bulletin
|
|
Free Weekly
|
|
|
Kent
|
|
The News Leader
|
|
Free Weekly
|
|
|
Kent
|
|
Aurora Advocate
|
|
Free Weekly
|
|
|
New Albany
|
|
This Week New Albany
www.thisweeknews.com/new-albany |
|
Free Weekly
|
|
|
Northland
|
|
This Week Northland
www.thisweeknews.com/northland
|
|
Free Weekly
|
|
|
Northwest
|
|
This Week Northwest
www.thisweeknews.com/northwest
|
|
Free Weekly
|
|
|
Olentangy
|
|
This Week Olentangy
www.thisweeknews.com/olentangy
|
|
Free Weekly
|
|
|
Pickerington
|
|
This Week Pickerington
www.thisweeknews.com/pickerington
|
|
Free Weekly
|
|
|
Reynoldsburg
|
|
This Week Reynoldsburg
www.thisweeknews.com/reynoldsburg
|
|
Free Weekly
|
|
|
Rocky Fork
|
|
This Week Rocky Fork
www.thisweeknews.com/gahanna
|
|
Free Weekly
|
|
|
Upper Arlington
|
|
This Week Upper Arlington
www.thisweeknews.com/upper-arlington
|
|
Free Weekly
|
|
|
Westerville
|
|
This Week Westerville
www.thisweeknews.com/westerville
|
|
Free Weekly
|
|
|
Whitehall
|
|
This Week Whitehall
www.thisweeknews.com/whitehall
|
|
Free Weekly
|
|
|
Winchester
|
|
This Week Canal Winchester
www.thisweeknews.com/canal-winchester
|
|
Free Weekly
|
|
|
Wooster
|
|
This Week
|
|
Free Weekly
|
|
|
Worthington
|
|
This Week Worthington
www.thisweeknews.com/worthington
|
|
Free Weekly
|
|
|
Alliance
|
|
Mr. Thrifty #1
|
|
Shopper
|
|
|
Alliance
|
|
Mr. Thrifty #3
|
|
Shopper
|
|
|
Alliance
|
|
Marketplace 44641
|
|
Shopper
|
|
|
Alliance
|
|
Ohio Auto Finder
|
|
Shopper
|
|
|
Ashland
|
|
Ohio Auto Finder
|
|
Shopper
|
|
|
Cambridge
|
|
The Jeff Shopper
|
|
Shopper
|
|
|
Canton
|
|
The Wrap
|
|
Shopper
|
|
|
Dover/New Philadelphia
|
|
TMC-ExTRa
|
|
Shopper
|
|
|
Wooster
|
|
The Homes County Shopper
|
|
Shopper
|
|
|
Wooster
|
|
Smart Shopper Coupon
|
|
Shopper
|
|
|
Wooster
|
|
Ohio Auto Finder
www.ohioautofinder.com |
|
Shopper
|
|
|
Columbus
|
|
www.buckeyeextra.com
|
|
On-line Only
|
|
|
Columbus
|
|
www.bluejacketextra.com
|
|
On-line Only
|
|
|
Columbus
|
|
www.thisweeksports.com
|
|
On-line Only
|
|
|
Columbus
|
|
www.columbusalive.com
|
|
On-line Only
|
|
|
Columbus
|
|
www.columbusceo.com
|
|
On-line Only
|
|
|
Columbus
|
|
www.columbusmonthly.com
|
|
On-line Only
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
Illinois
|
|
Canton
|
|
Daily Ledger
www.cantondailyledger.com
|
|
Daily
|
|
|
Carmi
|
|
The Carmi Times
www.carmitimes.com
|
|
Daily
|
|
|
Freeport
|
|
The Journal Standard
www.journalstandard.com
|
|
Daily
|
|
|
Galesburg
|
|
The Register-Mail
www.galesburg.com
|
|
Daily
|
|
|
Kewanee
|
|
Star-Courier
www.starcourier.com
|
|
Daily
|
|
|
Lincoln
|
|
The Courier
www.lincolncourier.com
|
|
Daily
|
|
|
Macomb
|
|
McDonough County Voice
www.mcdonoughvoice.com
|
|
Daily
|
|
|
Monmouth
|
|
Daily Review Atlas
www.reviewatlas.com
|
|
Daily
|
|
|
Olney
|
|
The Olney Daily Mail
www.olneydailymail.com
|
|
Daily
|
|
|
Pekin
|
|
Pekin Daily Times
www.pekintimes.com
|
|
Daily
|
|
|
Peoria
|
|
Journal Star
www.pjstar.com
|
|
Daily
|
|
|
Pontiac
|
|
Daily Leader
www.pontiacdailyleader.com
|
|
Daily
|
|
|
Rockford
|
|
Rockford Register Star
www.rrstar.com
|
|
Daily
|
|
|
Springfield
|
|
The State Journal-Register
www.sj-r.com
|
|
Daily
|
|
|
Abingdon
|
|
Abingdon Argus-Sentinel
www.eaglepublications.com
|
|
Paid Weekly
|
|
|
Aledo
|
|
The Times Record
www.aledotimesrecord.com
|
|
Paid Weekly
|
|
|
Augusta
|
|
Augusta Eagle-Scribe
www.eaglepublicatons.com
|
|
Paid Weekly
|
|
|
Cambridge
|
|
Cambridge Chronicle
www.cambridgechron.com
|
|
Paid Weekly
|
|
|
Fairbury
|
|
The Blade
|
|
Paid Weekly
|
|
|
Flora
|
|
Advocate Press
www.advocatepress.com
|
|
Paid Weekly
|
|
|
Galva
|
|
Galva News
www.galvanews.com
|
|
Paid Weekly
|
|
|
Geneseo
|
|
The Geneseo Republic
www.geneseorepublic.com
|
|
Paid Weekly
|
|
|
Newton
|
|
Newton Press Mentor
www.pressmentor.com
|
|
Paid Weekly
|
|
|
Oquawka
|
|
Oquawka Current
|
|
Paid Weekly
|
|
|
Orion
|
|
Orion Gazette
www.oriongazette.com
|
|
Paid Weekly
|
|
|
Roseville
|
|
Roseville Independent
www.eaglepublications.com
|
|
Paid Weekly
|
|
|
Teutopolis
|
|
Teutopolis Press
www.teutopolispress.com
|
|
Paid Weekly
|
|
|
West Frankfort
|
|
SI Trader
www.sitraders.com
|
|
Paid Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Chillicothe
|
|
Chillicothe Times Bulletin
www.chillicothetimesbulletin.com
|
|
Free Weekly
|
|
|
East Peoria
|
|
East Peoria Times-Courier
www.eastpeoriatimescourier.com
|
|
Free Weekly
|
|
|
Galesburg
|
|
Knox County Neighbors
www.galesburg.com
|
|
Free Weekly
|
|
|
Metamora
|
|
Woodford Times
www.woodfordtimes.com
|
|
Free Weekly
|
|
|
Morton
|
|
Morton Times News
www.mortontimesnews.com
|
|
Free Weekly
|
|
|
Washington
|
|
Washington Times Reporter
www.washingtontimesreporter.com
|
|
Free Weekly
|
|
|
Aledo
|
|
Town Crier Advertiser
|
|
Shopper
|
|
|
Canton
|
|
Fulton County Shopper
|
|
Shopper
|
|
|
Flora
|
|
CCAP Special
|
|
Shopper
|
|
|
Freeport
|
|
The Scene
|
|
Shopper
|
|
|
Geneseo
|
|
Henry County Advertizer/Shopper
|
|
Shopper
|
|
|
Lincoln
|
|
Logan County Shopper
|
|
Shopper
|
|
|
Macomb
|
|
McDonough County Choice
|
|
Shopper
|
|
|
Monmouth
|
|
Pennysaver
|
|
Shopper
|
|
|
Olney
|
|
Richland County Shopper
|
|
Shopper
|
|
|
Olney
|
|
Jasper County News Eagle
|
|
Shopper
|
|
|
Peoria
|
|
The Marketplace
|
|
Shopper
|
|
|
Peoria
|
|
Pekin Extra
|
|
Shopper
|
|
|
Pontiac
|
|
Livingston Shopping News
|
|
Shopper
|
|
|
Rockford
|
|
The Weekly
|
|
Shopper
|
|
|
Springfield
|
|
Springfield Advertiser
|
|
Shopper
|
|
|
Springfield
|
|
Springfield Shopper
|
|
Shopper
|
New York
|
|
Canandaigua
|
|
Daily Messenger
www.mpnnow.com
www.mpnnow.com/commercialprinting
|
|
Daily
|
|
|
Corning
|
|
The Leader
www.the-leader.com
|
|
Daily
|
|
|
Herkimer
|
|
Times Telegram
www.timestelegram.com
|
|
Daily
|
|
|
Hornell
|
|
Evening Tribune
www.eveningtribune.com
|
|
Daily
|
|
|
Utica
|
|
Utica Observer-Dispatch
www.uticaod.com
|
|
Daily
|
|
|
Wellsville
|
|
Wellsville Daily Reporter
www.wellsvilledaily.com
|
|
Daily
|
|
|
Dansville
|
|
Genesee Country Express
www.dansvilleonline.com
|
|
Paid Weekly
|
|
|
Hamilton
|
|
Mid-York Weekly
|
|
Paid Weekly
|
|
|
Newark/Palmyra
|
|
Wayne Post
www.waynepost.com
|
|
Paid Weekly
|
|
|
Penn Yan
|
|
The Chronicle-Express
www.chronicle-express.com
|
|
Paid Weekly
|
|
|
Bath
|
|
Steuben Courier-Advocate
www.steubencourier.com
|
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Brighton/Pittsford, Fairport/East Rochester and Henrietta
|
|
The Post Serving Brighton/Pittsford, Fairport/East Rochester and Henrietta
www.monroecopost.com |
|
Free Weekly
|
|
|
Canandaigua/Victor
|
|
Canandaigua Community Post
|
|
Free Weekly
|
|
|
Greece, Gates-Chili
|
|
The Post Serving Greece, Gates-Chili
www.monroecopost.com |
|
Free Weekly
|
|
|
Utica
|
|
The Pennysaver
|
|
Free Weekly
|
|
|
Victor
|
|
Victor Post
www.monroecopost.com |
|
Free Weekly
|
|
|
Webster/Irondequoit and Penfield
|
|
The Post Serving Webster/Irondequoit and Penfield
www.monroecopost.com |
|
Free Weekly
|
|
|
Corning
|
|
Corning Pennysaver
|
|
Shopper
|
|
|
Herkimer
|
|
Your Valley
|
|
Shopper
|
|
|
Hornell
|
|
Pennysaver Plus
|
|
Shopper
|
|
|
Horseheads
|
|
The Shopper
|
|
Shopper
|
|
|
Lyons
|
|
Lyons Shopping Guide
|
|
Shopper
|
|
|
Newark
|
|
Newark Pennysaver
|
|
Shopper
|
|
|
Penn Yan
|
|
Chronicle Ad-Visor
|
|
Shopper
|
|
|
Sodus
|
|
Sodus Pennysaver
|
|
Shopper
|
|
|
Wayne County
|
|
Timesaver
|
|
Shopper
|
Michigan
|
|
Adrian
|
|
The Daily Telegram
www.lenconnect.com
|
|
Daily
|
|
|
Cheboygan
|
|
Cheboygan Daily Tribune
www.cheboygannews.com
www.mackinacjournal.com
|
|
Daily
|
|
|
Coldwater
|
|
The Daily Reporter
www.thedailyreporter.com
|
|
Daily
|
|
|
Hillsdale
|
|
Hillsdale Daily News
www.hillsdale.net
|
|
Daily
|
|
|
Holland
|
|
The Holland Sentinel
www.hollandsentinel.com
|
|
Daily
|
|
|
Ionia
|
|
Sentinel-Standard
www.sentinel-standard.com
|
|
Daily
|
|
|
Monroe
|
|
The Monroe News
www.monroenews.com www.20creative.com www.savingssensemonroe.com www.monroetalks.com |
|
Daily
|
|
|
Sault Ste Marie
|
|
The Evening News
www.sooeveningnews.com
|
|
Daily
|
|
|
Sturgis
|
|
Sturgis Journal
www.sturgisjournal.com
|
|
Daily
|
|
|
Monroe
|
|
Bedford Now
www.bedfordnow.com
|
|
Free Weekly
|
|
|
Adrian
|
|
Adrian Access Shopper
www.accessshoppersguide.com
|
|
Shopper
|
|
|
Allegan
|
|
Flashes Shopping Guide (Allegan/Lakeshore)
www.flashespublishers.com
|
|
Shopper
|
|
|
Cheboygan
|
|
Shopper Fair
|
|
Shopper
|
|
|
Coldwater
|
|
The Reporter Extra
|
|
Shopper
|
|
|
Coldwater
|
|
Coldwater Shoppers Guide
|
|
Shopper
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Hillsdale
|
|
Tip Off Shopping Guide
www.tipoffonline.com
|
|
Shopper
|
|
|
Holland
|
|
Flashes Shopping Guide (Holland/Zeeland)
www.flashespublishers.com
|
|
Shopper
|
|
|
Ionia
|
|
Sentinel-Standard TMC
|
|
Shopper
|
|
|
Monroe
|
|
Cover Story
|
|
Shopper
|
|
|
Sault Ste Marie
|
|
Tri County Buyers Guide
|
|
Shopper
|
|
|
Sturgis
|
|
Sturgis Gateway Shopper
|
|
Shopper
|
Pennsylvania
|
|
Erie
|
|
Erie Times News
www.goerie.com
www.goerie.com/local/crawford-county
|
|
Daily
|
|
|
Waynesboro
|
|
The Record Herald
www.therecordherald.com
|
|
Daily
|
|
|
Greencastle
|
|
The Echo Pilot
www.echo-pilot.com
|
|
Paid Weekly
|
|
|
Erie
|
|
Community Voice
|
|
Shopper
|
West Virginia
|
|
Keyser
|
|
Mineral Daily News Tribune
www.newstribune.info
|
|
Daily
|
|
|
Ripley
|
|
The Jackson Herald
www.jacksonnewspapers.com
|
|
Paid Weekly
|
|
|
Ripley
|
|
The Jackson Star News
www.jacksonnewspapers.com
|
|
Paid Weekly
|
|
|
Keyser
|
|
Today’s Shopper
|
|
Shopper
|
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
Missouri
|
|
Camdenton
|
|
Lake Sun Leader
www.lakenewsonline.com
|
|
Daily
|
|
|
Chillicothe
|
|
Constitution Tribune
www.chillicothenews.com
|
|
Daily
|
|
|
Columbia
|
|
Columbia Daily Tribune
www.columbiatribune.com www.themovecolumbia.com |
|
Daily
|
|
|
Hannibal
|
|
Hannibal Courier Post
www.hannibal.net
|
|
Daily
|
|
|
Independence
|
|
The Examiner
www.examiner.net
|
|
Daily
|
|
|
Kirksville
|
|
Kirksville Daily Express & News
www.kirksvilledailyexpress.com
|
|
Daily
|
|
|
Mexico
|
|
The Mexico Ledger
www.mexicoledger.com
|
|
Daily
|
|
|
Moberly
|
|
Moberly Monitor Index
www.moberlymonitor.com
|
|
Daily
|
|
|
Neosho
|
|
Neosho Daily News
www.neoshodailynews.com
|
|
Daily
|
|
|
Rolla
|
|
Rolla Daily News
www.therolladailynews.com
|
|
Daily
|
|
|
Waynesville
|
|
The Daily Guide
www.waynesvilledailyguide.com
|
|
Daily
|
|
|
Aurora
|
|
Aurora Advertiser
www.auroraadvertiser.net
|
|
Paid Weekly
|
|
|
Boonville
|
|
Boonville Daily News
www.boonvilledailynews.com
|
|
Paid Weekly
|
|
|
Brookfield
|
|
The Linn County Leader
www.linncountyleader.com
|
|
Paid Weekly
|
|
|
Carthage
|
|
The Carthage Press
www.carthagepress.com
|
|
Paid Weekly
|
|
|
Boonville
|
|
Boonslick Shopper
|
|
Free Weekly
|
|
|
Camdenton
|
|
West Side Star
www.lakenewsonline.com
|
|
Free Weekly
|
|
|
Carthage
|
|
The Carthage Press Wednesday TMC
|
|
Free Weekly
|
|
|
Hannibal
|
|
Salt River Journal
|
|
Free Weekly
|
|
|
Osage Beach
|
|
Lake Area News Focus
|
|
Free Weekly
|
|
|
Osage Beach
|
|
Lake of the Ozarks Real Estate
|
|
Free Weekly
|
|
|
Osage Beach
|
|
Tube Tab
|
|
Free Weekly
|
|
|
Osage Beach
|
|
Vacation News
|
|
Free Weekly
|
|
|
Rolla
|
|
Rolla Daily News Extra
|
|
Free Weekly
|
|
|
Aurora
|
|
Big AA Shopper
|
|
Shopper
|
|
|
Brookfield
|
|
Sho-Me Shopper
|
|
Shopper
|
|
|
Camdenton
|
|
Lake Sun Extra
|
|
Shopper
|
|
|
Chillicothe
|
|
Chillicothe C-T Shopper
|
|
Shopper
|
|
|
Columbia
|
|
Wednesday EXTRA
|
|
Shopper
|
|
|
Columbia
|
|
Sunday EXTRA
|
|
Shopper
|
|
|
Joplin
|
|
Big Nickel
|
|
Shopper
|
|
|
Kirksville
|
|
Nemo Trader
|
|
Shopper
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Kirksville
|
|
Kirksville Crier
|
|
Shopper
|
|
|
Mexico
|
|
Mexico Extra
|
|
Shopper
|
|
|
Osage Beach
|
|
Lake of the Ozarks Boats
|
|
Shopper
|
|
|
Waynesville
|
|
Daily Guide Extra
|
|
Shopper
|
Kansas
|
|
Dodge City
|
|
Dodge City Daily Globe
www.dodgeglobe.com
|
|
Daily
|
|
|
Garden City
|
|
Garden City Telegram
www.gctelegram.com |
|
Daily
|
|
|
Hays
|
|
The Hays Daily News
www.hdnews.net |
|
Daily
|
|
|
Hutchison
|
|
The Hutchison News
www.hutchnews.com |
|
Daily
|
|
|
Leavenworth
|
|
The Leavenworth Times
www.leavenworthtimes.com
|
|
Daily
|
|
|
McPherson
|
|
McPherson Sentinel
www.mcphersonsentinel.com
|
|
Daily
|
|
|
Newton
|
|
The Newton Kansan
www.thekansan.com
|
|
Daily
|
|
|
Pittsburg
|
|
The Morning Sun
www.morningsun.net
|
|
Daily
|
|
|
Salina
|
|
Salina Journal
www.salina.com |
|
Daily
|
|
|
Topeka
|
|
The Topeka Capital-Journal
www.cjonline.com www.neksweddings.com www.tornado-cjonline.com |
|
Daily
|
|
|
Baxter Springs
|
|
Cherokee County News-Advocate
www.sekvoice.com
|
|
Paid Weekly
|
|
|
El Dorado
|
|
The Butler County Times-Gazette
www.butlercountytimesgazette.com
|
|
Paid Weekly
|
|
|
Greensburg
|
|
Kiowa County Signal
www.kiowacountysignal.com
|
|
Paid Weekly
|
|
|
Ottawa
|
|
Ottawa Herald
|
|
Paid Weekly
|
|
|
Pratt
|
|
The Pratt Tribune
www.pratttribune.com
|
|
Paid Weekly
|
|
|
St John
|
|
St John News
www.sjnewsonline.com
|
|
Paid Weekly
|
|
|
Wellington
|
|
Wellington Daily News
www.wellingtondailynews.com
|
|
Paid Weekly
|
|
|
Dodge City
|
|
La Estrella
|
|
Free Weekly
|
|
|
Garden City
|
|
La Semana
|
|
Free Weekly
|
|
|
Leavenworth
|
|
The Fort Leavenworth Lamp
www.ftleavenworthlamp.com
|
|
Free Weekly
|
|
|
Dodge City
|
|
Shoppers Weekly
|
|
Shopper
|
|
|
El Dorado
|
|
Shoppers Guide
|
|
Shopper
|
|
|
Garden City
|
|
Bargain Plus
|
|
Shopper
|
|
|
Hiawatha
|
|
Penny Press 4
|
|
Shopper
|
|
|
Huthchison
|
|
The Bee
|
|
Shopper
|
|
|
Leavenworth
|
|
Chronicle Shopper
|
|
Shopper
|
|
|
McPherson/Newton
|
|
South Central Kansas Shoppers Guide
|
|
Shopper
|
|
|
Ottawa
|
|
Ottawa Times-Shopper
|
|
Shopper
|
|
|
Pittsburg
|
|
The Sunland Shopper
|
|
Shopper
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Pratt
|
|
Sunflower Shopper
|
|
Shopper
|
|
|
Salina
|
|
Buyers Guide
|
|
Shopper
|
|
|
Topeka
|
|
CJ Extra TMC
|
|
Shopper
|
Arkansas
|
|
Conway
|
|
Log Cabin Democrat
www.thecabin.net www.womensinc.net |
|
Daily
|
|
|
Fort Smith
|
|
Ft. Smith Southwest Times Record
www.swtimes.com
|
|
Daily
|
|
|
Pine Bluff
|
|
Pine Bluff Commercial
www.pbcommercial.com
|
|
Daily
|
|
|
Stuttgart
|
|
Stuttgart Daily Leader
www.stuttgartdailyleader.com
|
|
Daily
|
|
|
Arkadelphia
|
|
Daily Siftings Herald
www.siftingsherald.com |
|
Paid Weekly
|
|
|
Booneville
|
|
Booneville Democrat
www.boonevilledemocrat.com
|
|
Paid Weekly
|
|
|
Charleston
|
|
Charleston Express
www.charlestonexpress.com
|
|
Paid Weekly
|
|
|
Clinton
|
|
Van Buren County Democrat
www.vanburencountydem.com |
|
Paid Weekly
|
|
|
Greenwood
|
|
Greenwood Democrat
www.greenwooddemocrat.com
|
|
Paid Weekly
|
|
|
Gurdon
|
|
Gurdon Times
www.thegurdontimes.com
|
|
Paid Weekly
|
|
|
Heber Springs
|
|
The Sun Times
www.thesuntimes.com
|
|
Paid Weekly
|
|
|
Helena
|
|
The Daily World
www.helena-arkansas.com
|
|
Paid Weekly
|
|
|
Hope
|
|
Hope Star
www.hopestar.com |
|
Paid Weekly
|
|
|
Hope
|
|
Nevada County Picayune
www.picayune-times.com
|
|
Paid Weekly
|
|
|
Hot Springs
|
|
Hot Springs Village Voice
www.hsvoice.com |
|
Paid Weekly
|
|
|
Lonoke
|
|
Lonoke Democrat
www.lonokenews.net/lonoke-democrat
|
|
Paid Weekly
|
|
|
Newport
|
|
Newport Independent
www.newportindependent.com
|
|
Paid Weekly
|
|
|
North Little Rock
|
|
North Little Rock Times
www.pulaskinews.net/north-little-rock-times
|
|
Paid Weekly
|
|
|
Paris
|
|
Paris Express
www.paris-express.com
|
|
Paid Weekly
|
|
|
Van Buren
|
|
Press Argus Courier
www.pressargus.com
|
|
Paid Weekly
|
|
|
Van Buren
|
|
Alma Journal
|
|
Paid Weekly
|
|
|
White Hall
|
|
The White Hall Journal
www.whitehalljournal.com
|
|
Paid Weekly
|
|
|
Arkadelphia
|
|
Arkadelphia Extra
www.siftingsherald.com
|
|
Free Weekly
|
|
|
Helena
|
|
Daily World TMC
www.helena-arkansas.com
|
|
Free Weekly
|
|
|
Hope
|
|
Star Extra
www.hopestar.com
|
|
Free Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Stuttgart
|
|
The Xtra
www.stuttgartdailyleader.com
|
|
Free Weekly
|
|
|
White Hall
|
|
The Arsenel Sentinel
|
|
Free Weekly
|
|
|
Conway
|
|
More!
|
|
Shopper
|
|
|
Fort Smith
|
|
River Valley Advertiser
|
|
Shopper
|
Texas
|
|
Amarillo
|
|
Amarillo Globe-News
www.amarillo.com |
|
Daily
|
|
|
Lubbock
|
|
Lubbock Avalanche-Journal
www.lubbockonline.com |
|
Daily
|
|
|
Sherman
|
|
Herald Democrat
www.heralddemocrat.com
|
|
Daily
|
|
|
Waxahachie
|
|
Waxahachie Daily Light
www.waxahachietx.com
|
|
Daily
|
|
|
Alice
|
|
Alice Echo-News Journal
www.alicetx.com
|
|
Paid Weekly
|
|
|
Ballinger
|
|
Ballinger Ledger
|
|
Paid Weekly
|
|
|
Brownwood
|
|
Brownwood Bulletin
www.brownwoodtx.com |
|
Paid Weekly
|
|
|
Glen Rose
|
|
Glen Rose Reporter
www.yourglenrosetx.com
|
|
Paid Weekly
|
|
|
Midlothian
|
|
Midlothian Mirror
www.midlothianmirror.com
|
|
Paid Weekly
|
|
|
Robstown
|
|
Neuces County Record Star
www.recordstar.com
|
|
Paid Weekly
|
|
|
Stephenville
|
|
Stephenville Empire-Tribune
www.stephenvilletx.com |
|
Paid Weekly
|
|
|
Van Alstyne
|
|
Van Alstyne Leader
www.vanalsyneleader.com
|
|
Paid Weekly
|
|
|
Anna
|
|
Anna-Melissa Tribune
www.amtrib.com
|
|
Free Weekly
|
|
|
Prosper
|
|
Prosper Press
www.prosperpressnews.com
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|
Free Weekly
|
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Amarillo
|
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West Texas Life
|
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Shopper
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Brownsville
|
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Valley Bargain Book-South
www.valleybargainbook.com
|
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Shopper
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Brownwood
|
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Heartland Trading Post
|
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Shopper
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Bryan
|
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Bryan County Shopper
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Shopper
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Corpus Christi
|
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Ad Sack
www.adsack.com
|
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Shopper
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Harlingen
|
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Valley Bargain Book-North
www.valleybargainbook.com
|
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Shopper
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Laredo
|
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Laredo Bargain Book
|
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Shopper
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Lubbock
|
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West Texas Life
|
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Shopper
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McAllen
|
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Valley Town Crier
www.yourvalleyvoice.com
|
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Shopper
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McAllen
|
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Edinburg Review
|
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Shopper
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Sherman
|
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Grayson County Shopper
www.heralddemocrat.com/shopper
|
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Shopper
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Stephenville
|
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Cross Timbers Trading Post
|
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Shopper
|
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Waxahachie
|
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Ellis County Trading Post
|
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Shopper
|
California
|
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Ridgecrest
|
|
The Daily Independent
www.ridgecrestca.com
|
|
Daily
|
State
|
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City
|
|
Masthead
|
|
Circulation Type
|
|
|
Stockton
|
|
The Stockton Record
www.recordnet.com
|
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Daily
|
|
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Victorville
|
|
Victorville Daily Press
www.vvdailypress.com
|
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Daily
|
|
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Yreka
|
|
Siskiyou Daily News
www.siskiyoudaily.com
|
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Daily
|
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Barstow
|
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Desert Dispatch
www.vvdailypress.com/desertdispatch |
|
Paid Weekly
|
|
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Gridley
|
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Gridley Herald
www.gridleyherald.com
|
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Paid Weekly
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Lucerne Valley
|
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Lucerne Valley Leader
www.vvdailypress.com/lucerne-valley-leader
|
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Paid Weekly
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Mt Shasta
|
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Weed Press
www.mtshastanews.com
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Paid Weekly
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Mt Shasta
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Dunsmuir News
www.mtshastanews.com
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Paid Weekly
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Mt Shasta
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Mt Shasta Herald
www.mtshastanews.com
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Paid Weekly
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Taft
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Midway Driller
www.taftmidwaydriller.com
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Paid Weekly
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Hesperia
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Hesperia Star
www.hesperiastar.com
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Free Weekly
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Stockton
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VIDA
|
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Free Weekly
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Gridley
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Gidley Shopping News
www.gridleyherald.com
|
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Shopper
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Mt Shasta
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Super Saver Advertiser
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Shopper
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Ridgecrest
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Super Tuesday
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Shopper
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Stockton
|
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Sunday Select
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Shopper
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Stockton
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The Valley Marketplace/TMC
www.esanjoaquin.com
|
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Shopper
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Victorville
|
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Review
www.vvdailypress.com/apple-valley-review
|
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Shopper
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Iowa
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Ames
|
|
Ames Tribune
www.amestrib.com
|
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Daily
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|
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Boone
|
|
Boone News Republican
www.newsrepublican.com
|
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Daily
|
|
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Burlington
|
|
The Hawk Eye
www.thehawkeye.com |
|
Daily
|
|
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Adel
|
|
Dallas County News
www.adelnews.com
|
|
Paid Weekly
|
|
|
Hamburg
|
|
Hamburg Reporter
www.hamburgreporter.com
|
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Paid Weekly
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Nevada
|
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Nevada Journal
|
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Paid Weekly
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Nevada
|
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Tri-County Times
www.tricountytimes.com
|
|
Paid Weekly
|
|
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Perry
|
|
The Perry Chief
www.theperrychief.com
|
|
Paid Weekly
|
|
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Story City
|
|
Story City Herald
www.storycityherald.com
|
|
Paid Weekly
|
|
|
Adel
|
|
Dallas County Today
|
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Shopper
|
|
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Ames
|
|
Ames Sun/Story County Advertiser
|
|
Shopper
|
|
|
Boone
|
|
Boone Shopping News
|
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Shopper
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|
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Burlington
|
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Live Local
|
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Shopper
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State
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City
|
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Masthead
|
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Circulation Type
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|
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Perry
|
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Chiefland Shopper
|
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Shopper
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Louisiana
|
|
Bastrop
|
|
The Bastrop Daily Enterprise
www.bastropenterprise.com
|
|
Daily
|
|
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Houma
|
|
The Courier
www.houmatoday.com
|
|
Daily
|
|
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Thibodaux
|
|
Daily Comet
www.dailycomet.com
|
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Daily
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|
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DeRidder
|
|
Beauregard Daily News
www.beauregarddailynews.net
|
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Paid Weekly
|
|
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Donaldsonville
|
|
The Donaldsonville Chief
www.donaldsonvillechief.com
|
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Paid Weekly
|
|
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Gonzales
|
|
Gonzales Weekly Citizen
www.weeklycitizen.com
|
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Paid Weekly
|
|
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Leesville
|
|
Leesville Daily Leader
www.leesvilledailyleader.com
|
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Paid Weekly
|
|
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Plaquemine
|
|
Post South
www.postsouth.com
|
|
Paid Weekly
|
|
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Sterlington
|
|
North Quachita Weekly
|
|
Free Weekly
|
|
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DeRidder
|
|
The Weekly Post
|
|
Shopper
|
|
|
Gonzales
|
|
The Marketeer
www.weeklycitizen.com
|
|
Shopper
|
|
|
Houma
|
|
Tradin' Cajun
|
|
Shopper
|
|
|
Plaquemine
|
|
West Bank Shopper
www.postsouth.com
|
|
Shopper
|
Minnesota
|
|
Crookston
|
|
Crookston Daily Times
www.crookstontimes.com
|
|
Daily
|
|
|
Cottonwood
|
|
Tri-County News
|
|
Paid Weekly
|
|
|
Granite Falls
|
|
Granite Falls Advocate-Tribune
www.granitefallsnews.com
|
|
Paid Weekly
|
|
|
Montevideo
|
|
Montevideo American News
www.montenews.com
|
|
Paid Weekly
|
|
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Redwood Falls
|
|
Redwood Gazette
www.redwoodfallsgazette.com
|
|
Paid Weekly
|
|
|
Sleepy Eye
|
|
Sleepy Eye Herald Dispatch
www.sleepyeyenews.com
|
|
Paid Weekly
|
|
|
St James
|
|
St James Plaindealer
www.stjamesnews.com
|
|
Paid Weekly
|
|
|
Wabasso
|
|
The Wabasso Standard
|
|
Paid Weekly
|
|
|
Crookston
|
|
Crookston Valley Shopper
|
|
Shopper
|
|
|
Montevideo
|
|
The Star Advisor
www.montenews.com
|
|
Shopper
|
|
|
Sleepy Eye
|
|
Brown County Reminder
|
|
Shopper
|
|
|
St James
|
|
Town and Country Shopper
|
|
Shopper
|
Oklahoma
|
|
Ardmore
|
|
The Daily Ardmoreite
www.ardmoreite.com
|
|
Daily
|
|
|
Bartlesville
|
|
Examiner Enterprise
www.examiner-enterprise.com
|
|
Daily
|
|
|
Miami
|
|
Miami News-Record
www.miamiok.com
|
|
Daily
|
|
|
Shawnee
|
|
The Shawnee News-Star
www.news-star.com
|
|
Daily
|
|
|
Grove
|
|
Grove Sun
www.grandlakenews.com
|
|
Paid Weekly
|
State
|
|
City
|
|
Masthead
|
|
Circulation Type
|
|
|
Jay
|
|
Delaware County Journal
www.grandlakenews.com
|
|
Paid Weekly
|
|
|
Pawhuska
|
|
Pawhuska Journal-Capital
www.pawhuskajournalcapital.com
|
|
Paid Weekly
|
|
|
Ardmore
|
|
Entertainment Spotlight
|
|
Shopper
|
|
|
Bartlesville
|
|
Hometown Shopper
|
|
Shopper
|
|
|
Miami
|
|
Northeast Oklahoma Trading Post
|
|
Shopper
|
Alaska
|
|
Juneau
|
|
Juneau Empire
www.juneauempire.com |
|
Daily
|
|
|
Kenai
|
|
The Peninsula Clarion
www.peninsulaclarion.com |
|
Daily
|
|
|
Homer
|
|
Homer News
www.homwenews.com |
|
Paid Weekly
|
|
|
Juneau
|
|
Capital City Weekly
www.capitalcityweekly.com |
|
Free Weekly
|
|
|
Kenai
|
|
The Dispatch
|
|
Shopper
|
Colorado
|
|
LaJunta
|
|
LaJunta Tribune Democrat
www.lajuntatribunedemocrat.com
|
|
Daily
|
|
|
LaJunta
|
|
Ag Journal
www.agjournalonline.com
|
|
Paid Weekly
|
|
|
LaJunta
|
|
Fowler Tribune
www.fowlertribune.com
|
|
Paid Weekly
|
|
|
Las Animas
|
|
Bent County Democrat
www.bcdemocratonline.com
|
|
Paid Weekly
|
Nebraska
|
|
Nebraska City
|
|
Nebraska City News Press
www.ncnewspress.com
|
|
Paid Weekly
|
|
|
Syracuse
|
|
Syracuse Journal Democrat
www.journaldemocrat.com
|
|
Paid Weekly
|
|
|
Nebraska City
|
|
Penny Press 1
|
|
Shopper
|
North Dakota
|
|
Devils Lake
|
|
Devils Lake Daily Journal
www.devilslakejournal.com
|
|
Daily
|
|
|
Devils Lake
|
|
The Country Peddler
|
|
Shopper
|
|
State
|
|
City
|
|
Masthead
|
|
Frequency
|
Massachusetts
|
|
Boston
|
|
Massachusetts Lawyers Weekly
|
|
Paid Weekly
|
|
|
Boston
|
|
New England In House
|
|
Free Quarterly
|
|
|
Boston
|
|
MA Advance Sheets
|
|
Paid Monthly
|
|
|
Boston
|
|
MA Rules Service
|
|
Paid Weekly
|
|
|
Boston
|
|
Real Estate Bar Association News
|
|
Insert Five times per year
|
|
|
Boston
|
|
Massachusetts Association of Trial Attorneys
|
|
Insert Three times per year
|
|
|
Boston
|
|
Client Newsletters
|
|
Quarterly
|
|
|
Boston
|
|
Rhode Island Lawyers Weekly
|
|
Paid Weekly
|
Missouri
|
|
St. Louis
|
|
St. Louis Daily Record
|
|
Daily
|
|
|
St. Louis
|
|
The St. Louis Countian
|
|
Daily
|
|
|
St. Louis
|
|
The Jefferson Countian
|
|
Paid Weekly
|
|
|
St. Louis
|
|
The Daily Record Kansas City
|
|
Daily
|
|
|
St. Louis
|
|
St. Charles County Business Record
|
|
Daily
|
|
|
St. Louis
|
|
Missouri Lawyers Weekly
|
|
Paid Weekly
|
|
|
St. Louis
|
|
Missouri Medical Law Report
|
|
Free Quarterly
|
New York
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Rochester
|
|
The Daily Record
|
|
Daily
|
|
|
Rochester
|
|
Foreclosures at a Glance
|
|
Paid Weekly
|
|
|
Rochester
|
|
Rochester Business Journal
|
|
Paid Weekly
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|
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Ronkonkoma
|
|
Long Island Business News
|
|
Paid Weekly
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|
|
Ronkonkoma
|
|
Who’s Who
|
|
Seven times per year
|
|
|
Ronkonkoma
|
|
Nassau Bar
|
|
Monthly
|
Oklahoma
|
|
Oklahoma City
|
|
The Journal Record
|
|
Daily
|
|
|
Oklahoma City
|
|
Journal Record Legislative Report
|
|
Paid Online
|
|
|
Oklahoma City
|
|
Alert Paging Service
|
|
Paid Online
|
|
|
Oklahoma City
|
|
Tinker Take Off
|
|
Free Weekly
|
|
|
Oklahoma City
|
|
Tinker Living
|
|
Free Monthly Insert
|
|
|
Oklahoma City
|
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Square Feet
|
|
Quarterly Insert
|
|
|
Oklahoma City
|
|
Briefcase
|
|
Monthly
|
North Carolina
|
|
Charlotte
|
|
The Mecklenburg Times
|
|
Paid Weekly
|
|
|
Charlotte
|
|
North Carolina Lawyers Weekly
|
|
Paid Weekly
|
|
|
Charlotte
|
|
Liberty Mutual Insert
|
|
Insert Two times per year
|
|
|
Charlotte
|
|
South Carolina Lawyers Weekly
|
|
Paid Weekly
|
|
|
Charlotte
|
|
Carolina Paralegal News
|
|
Bi-Monthly
|
|
|
Charlotte
|
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E-Advantage Foreclosure Database
|
|
Daily Database
|
Arizona
|
|
Phoenix
|
|
Arizona Capitol Times
|
|
Paid Weekly
|
|
|
Phoenix
|
|
Yellow Sheet Report
|
|
Daily
|
|
|
Phoenix
|
|
Legislation On Line Arizona
|
|
Paid Online
|
|
|
Phoenix
|
|
Legislative Report
|
|
Daily
|
|
|
Phoenix
|
|
Green Book
|
|
Paid Annual
|
State
|
|
City
|
|
Masthead
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|
Frequency
|
|
|
Phoenix
|
|
AZ Edge
|
|
Free Five times per year
|
Minnesota
|
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Minneapolis
|
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Finance & Commerce
|
|
Daily
|
|
|
Minneapolis
|
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Minnesota Lawyer
|
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Paid Weekly
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|
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Minneapolis
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Twin City Tenant
|
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Semi-Annual
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Wisconsin
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Milwaukee
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Daily Reporter
|
|
Daily
|
|
|
Milwaukee
|
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Job Trac
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|
Paid Database
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|
|
Milwaukee
|
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Sheriff Sales
|
|
Paid Weekly
|
|
|
Milwaukee
|
|
Wisconsin Law Journal
|
|
Paid Weekly
|
South Carolina
|
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Charleston
|
|
Charleston Regional Business Journal
|
|
Paid Weekly
|
|
|
Columbia
|
|
Columbia Regional Business Report
|
|
Bi-Monthly
|
|
|
Greenville
|
|
GSA Business Report
|
|
Paid Bi-Monthly
|
|
|
South Carolina
|
|
SCBIZ Magazine
|
|
Paid Quarterly
|
Louisiana
|
|
Metairie
|
|
Daily Journal of Commerce
|
|
Paid Weekly/Project
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|
|
Metairie
|
|
New Orleans City Business
|
|
Paid Weekly
|
|
|
Metairie
|
|
Path to Excellence
|
|
Free Quarterly Insert
|
Maryland
|
|
Baltimore
|
|
The Daily Record
|
|
Daily
|
|
|
Baltimore
|
|
Path to Excellence
|
|
Eight times per year
|
|
|
Baltimore
|
|
MD Family Law
|
|
Paid Monthly
|
Oregon
|
|
Portland
|
|
Daily Journal of Commerce
|
|
Paid Weekly
|
|
|
Portland
|
|
Project Center
|
|
Paid Database
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|
|
Portland
|
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NAMC
|
|
Quarterly
|
Pennsylvania
|
|
Lehigh Valley
|
|
Lehigh Valley Business
|
|
Paid Weekly
|
|
|
South Central PA
|
|
Central Penn Business Journal
|
|
Paid Weekly
|
|
|
South Central PA
|
|
Central Penn Parent
|
|
Monthly
|
Idaho
|
|
Boise
|
|
Idaho Business News
|
|
Paid Weekly
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|
|
Boise
|
|
Square Feet
|
|
Quarterly
|
Virginia
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Richmond
|
|
Virginia Lawyers Weekly
|
|
Paid Weekly
|
|
|
Richmond
|
|
Virginia Med Law Report
|
|
Free Bi-Monthly
|
Michigan
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Detroit
|
|
Michigan Lawyers Weekly
|
|
Paid Weekly
|
New Jersey
|
|
New Jersey
|
|
NJBIZ
|
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Paid Weekly
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USA
|
|
National
|
|
Pet Age
|
|
Free Monthly
|
•
|
require us to dedicate a portion of cash flow from operations to the payment of principal and interest on indebtedness, including indebtedness we may incur in the future, thereby reducing the funds available for other purposes, including dividends or other distributions;
|
•
|
subject us to increased sensitivity to increases in prevailing interest rates;
|
•
|
place us at a competitive disadvantage to competitors with relatively less debt in economic downturns, adverse industry conditions or catastrophic external events; or
|
•
|
reduce our flexibility in planning for or responding to changing business, industry and economic conditions.
|
•
|
incur or guarantee additional debt;
|
•
|
make certain investments, loans or acquisitions;
|
•
|
transfer or sell assets;
|
•
|
make distributions on capital stock or redeem or repurchase capital stock;
|
•
|
create or incur liens;
|
•
|
enter into transactions with affiliates;
|
•
|
consolidate, merge or sell all or substantially all of our assets; and
|
•
|
create restrictions on the payment of dividends or other amounts to us from our restricted subsidiaries.
|
•
|
uncoordinated market functions;
|
•
|
unanticipated issues in integrating the operations and personnel of the acquired businesses;
|
•
|
the incurrence of indebtedness and the assumption of liabilities;
|
•
|
the incurrence of significant additional capital expenditures, transaction and operating expenses and non-recurring acquisition-related charges;
|
•
|
unanticipated adverse impact on our earnings from the amortization or write-off of acquired goodwill and other intangible assets;
|
•
|
cultural challenges associated with integrating acquired businesses with the operations of New Media;
|
•
|
not retaining key employees, vendors, service providers, readers and customers of the acquired businesses; and
|
•
|
the diversion of management’s attention from ongoing business concerns.
|
•
|
our business profile and market capitalization may not fit the investment objectives of any stockholder;
|
•
|
a shift in our investor base;
|
•
|
our quarterly or annual earnings, or those of other comparable companies;
|
•
|
actual or anticipated fluctuations in our operating results;
|
•
|
changes in accounting standards, policies, guidance, interpretations or principles;
|
•
|
announcements by us or our competitors of significant investments, acquisitions or dispositions;
|
•
|
the failure of securities analysts to cover our Common Stock;
|
•
|
changes in earnings estimates by securities analysts or our ability to meet those estimates;
|
•
|
the operating and stock price performance of other comparable companies;
|
•
|
overall market fluctuations; and
|
•
|
general economic conditions.
|
•
|
a classified board of directors with staggered three-year terms;
|
•
|
amendment of provisions in our amended and restated certificate of incorporation and amended and restated bylaws regarding the election of directors, classes of directors, the term of office of directors, the filling of director vacancies and the resignation and removal of directors only upon the affirmative vote of at least 80% of the then issued and outstanding shares of our capital stock entitled to vote thereon;
|
•
|
amendment of provisions in our amended and restated certificate of incorporation regarding corporate opportunity only upon the affirmative vote of at least 80% of the then issued and outstanding shares of our capital stock entitled to vote thereon;
|
•
|
removal of directors only for cause and only with the affirmative vote of at least 80% of the voting interest of stockholders entitled to vote in the election of directors;
|
•
|
our Board to determine the powers, preferences and rights of our preferred stock and to issue such preferred stock without stockholder approval;
|
•
|
provisions in our amended and restated certificate of incorporation and amended and restated bylaws prevent stockholders from calling special meetings of our stockholders;
|
•
|
advance notice requirements applicable to stockholders for director nominations and actions to be taken at annual meetings;
|
•
|
a prohibition, in our amended and restated certificate of incorporation, stating that no holder of shares of our Common Stock will have cumulative voting rights in the election of directors, which means that the holders of majority of the issued and outstanding shares of our Common Stock can elect all the directors standing for election; and
|
•
|
action by our stockholders outside a meeting, in our amended and restated certificate of incorporation and our amended and restated bylaws, only by unanimous written consent.
|
|
HIGH
|
|
LOW
|
||||
Fiscal Year Ending December 31, 2017:
|
|
|
|
||||
First Quarter
|
$
|
16.34
|
|
|
$
|
14.10
|
|
Second Quarter
|
$
|
14.74
|
|
|
$
|
11.87
|
|
Third Quarter
|
$
|
14.36
|
|
|
$
|
12.74
|
|
Fourth Quarter
|
$
|
17.62
|
|
|
$
|
14.22
|
|
Fiscal Year Ending December 25, 2016:
|
|
|
|
||||
First Quarter
|
$
|
16.16
|
|
|
$
|
14.25
|
|
Second Quarter
|
$
|
18.10
|
|
|
$
|
14.43
|
|
Third Quarter
|
$
|
19.88
|
|
|
$
|
15.16
|
|
Fourth Quarter
|
$
|
17.19
|
|
|
$
|
13.95
|
|
Period
|
|
Total Number of Shares Purchased
|
|
Weighted-Average Price Paid per Share
|
|
Total Number of Shares Purchased as Part of Publicly Announced Plan or Programs
|
Approximate Number of Shares that May Yet Be
Purchased Under the Plan or Programs
|
||||||
September 25, 2017 through October 29, 2017
|
|
510
|
|
(1)
|
$
|
15.43
|
|
|
—
|
|
|
5,823,215
|
|
October 30, 2017 through November 26, 2017
|
|
—
|
|
|
$
|
—
|
|
|
—
|
|
|
5,823,215
|
|
November 27, 2017 through December 31, 2017
|
|
—
|
|
|
$
|
—
|
|
|
—
|
|
|
5,823,215
|
|
Total
|
|
510
|
|
|
|
|
—
|
|
|
5,823,215
|
|
(1)
|
Pursuant to the "withhold to cover" method for collecting and paying withholding taxes for our employees upon the vesting of restricted securities, we withheld from certain employees the shares noted in the table above to cover such statutory minimum tax withholdings. These transactions took place outside of a publicly-announced repurchase plan. The weighted-average price per share listed in the above table is the weighted-average of the fair market prices at which we calculated the number of shares withheld to cover tax withholdings for the employees.
|
|
Successor Company
|
|
|
Predecessor Company
|
||||||||||||||||||||
|
Year Ended December 31, 2017
(2)
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27, 2015
|
|
Year Ended December 28, 2014
|
|
Two Months Ended December 29, 2013
|
|
|
Ten Months Ended November 6, 2013
|
||||||||||||
(in thousands, except per share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Statement of Operations Data:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Advertising
|
$
|
683,990
|
|
|
$
|
684,900
|
|
|
$
|
696,696
|
|
|
$
|
385,399
|
|
|
$
|
63,340
|
|
|
|
$
|
265,078
|
|
Circulation
|
474,324
|
|
|
421,497
|
|
|
378,263
|
|
|
195,661
|
|
|
29,525
|
|
|
|
118,810
|
|
||||||
Commercial printing and other
|
183,690
|
|
|
148,959
|
|
|
120,856
|
|
|
71,263
|
|
|
10,366
|
|
|
|
29,402
|
|
||||||
Total revenues
|
1,342,004
|
|
|
1,255,356
|
|
|
1,195,815
|
|
|
652,323
|
|
|
103,231
|
|
|
|
413,290
|
|
||||||
Operating costs and expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Operating costs
|
742,822
|
|
|
699,312
|
|
|
656,555
|
|
|
368,420
|
|
|
56,614
|
|
|
|
232,066
|
|
||||||
Selling, general and administrative
|
448,331
|
|
|
414,983
|
|
|
406,282
|
|
|
211,829
|
|
|
28,749
|
|
|
|
136,832
|
|
||||||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|
41,450
|
|
|
6,588
|
|
|
|
33,409
|
|
||||||
Integration and reorganization costs
|
8,903
|
|
|
8,352
|
|
|
8,052
|
|
|
2,796
|
|
|
1,758
|
|
|
|
1,577
|
|
||||||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
|
91,599
|
|
||||||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|
—
|
|
|
—
|
|
|
|
—
|
|
||||||
(Gain) loss on sale or disposal of assets
|
(1,649
|
)
|
|
3,564
|
|
|
(51,051
|
)
|
|
1,472
|
|
|
27
|
|
|
|
1,163
|
|
||||||
Operating income (loss)
|
34,613
|
|
|
61,371
|
|
|
103,425
|
|
|
26,356
|
|
|
9,495
|
|
|
|
(83,356
|
)
|
||||||
Interest expense, amortization of deferred financing costs, loss on early extinguishment of debt, loss on derivative instruments, reorganization items, net, and other
|
35,047
|
|
|
32,049
|
|
|
32,407
|
|
|
26,848
|
|
|
1,798
|
|
|
|
(871,399
|
)
|
||||||
(Loss) income from continuing operations before income taxes
|
(434
|
)
|
|
29,322
|
|
|
71,018
|
|
|
(492
|
)
|
|
7,697
|
|
|
|
788,043
|
|
||||||
Income tax expense (benefit)
|
481
|
|
|
(2,319
|
)
|
|
3,404
|
|
|
2,713
|
|
|
491
|
|
|
|
(197
|
)
|
||||||
(Loss) income from continuing operations
|
(915
|
)
|
|
31,641
|
|
|
67,614
|
|
|
(3,205
|
)
|
|
7,206
|
|
|
|
788,240
|
|
||||||
Loss from discontinued operations, net of income taxes
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
|
(1,034
|
)
|
||||||
Net (loss) income
|
(915
|
)
|
|
31,641
|
|
|
67,614
|
|
|
(3,205
|
)
|
|
7,206
|
|
|
|
787,206
|
|
||||||
Net loss attributable to noncontrolling interest
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
|
208
|
|
||||||
Net (loss) income attributable to New Media
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
|
$
|
(3,205
|
)
|
|
$
|
7,206
|
|
|
|
$
|
787,414
|
|
|
Successor Company
|
|
|
Predecessor Company
|
||||||||||||||||||||
|
Year Ended December 31, 2017
(2)
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27, 2015
|
|
Year Ended December 28, 2014
|
|
Two Months Ended December 29, 2013
|
|
|
Ten Months Ended November 6, 2013
|
||||||||||||
(in thousands, except per share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Basic net (loss) income from continuing operations attributable to New Media per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.54
|
|
|
$
|
(0.10
|
)
|
|
$
|
0.24
|
|
|
|
$
|
13.58
|
|
Diluted (loss) income from continuing operations attributable to New Media per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.53
|
|
|
$
|
(0.10
|
)
|
|
$
|
0.24
|
|
|
|
$
|
13.58
|
|
Basic net (loss) income attributable to New Media common stockholders per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.54
|
|
|
$
|
(0.10
|
)
|
|
$
|
0.24
|
|
|
|
$
|
13.56
|
|
Diluted net (loss) income attributable to New Media common stockholders per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.53
|
|
|
$
|
(0.10
|
)
|
|
$
|
0.24
|
|
|
|
$
|
13.56
|
|
Dividends declared per share
|
$
|
1.42
|
|
|
$
|
1.34
|
|
|
$
|
1.29
|
|
|
$
|
0.54
|
|
|
$
|
—
|
|
|
|
$
|
—
|
|
Other Data:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Adjusted EBITDA
(1)
|
$
|
143,793
|
|
|
$
|
126,731
|
|
|
$
|
175,627
|
|
|
$
|
67,741
|
|
|
$
|
16,096
|
|
|
|
$
|
988,265
|
|
Cash interest paid
|
$
|
33,626
|
|
|
$
|
26,908
|
|
|
$
|
21,726
|
|
|
$
|
15,181
|
|
|
$
|
925
|
|
|
|
$
|
43,606
|
|
|
(1)
|
We define Adjusted EBITDA as net income (loss) from continuing operations before income tax expense (benefit), interest/financing expense, depreciation and amortization and non-cash impairments. Adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered in isolation or as an alternative to income from operations, net income (loss), cash flow from continuing operating activities or any other measure of performance or liquidity derived in accordance with GAAP. We believe this non-GAAP measure, as we have defined it, is helpful in evaluating performance and identifying trends in our day-to-day performance because the items excluded have little or no significance on our day-to-day operations. This measure provides an assessment of controllable expenses that afford management the ability to make decisions which are expected to facilitate meeting current financial goals as well as achieve optimal financial performance.
|
(2)
|
The year ended December 31, 2017 includes a 53
rd
week of operations.
|
|
Successor Company
|
|
|
Predecessor Company
|
|
||||||||||||||||||||
|
Year Ended December 31, 2017
(3)
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27, 2015
|
|
Year Ended December 28, 2014
|
|
Two Months Ended December 29, 2013
|
|
|
Ten Months Ended November 6, 2013
|
|
||||||||||||
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
(Loss) income from continuing operations
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
|
$
|
(3,205
|
)
|
|
$
|
7,206
|
|
|
|
$
|
788,240
|
|
|
Income tax expense (benefit)
|
481
|
|
|
(2,319
|
)
|
|
3,404
|
|
|
2,713
|
|
|
491
|
|
|
|
(197
|
)
|
|
||||||
Loss on derivative instruments
(1)
|
—
|
|
|
—
|
|
|
—
|
|
|
51
|
|
|
—
|
|
|
|
14
|
|
|
||||||
Loss on early extinguishment of debt
(2)
|
4,767
|
|
|
—
|
|
|
—
|
|
|
9,047
|
|
|
—
|
|
|
|
—
|
|
|
||||||
Interest expense
|
30,476
|
|
|
29,635
|
|
|
32,057
|
|
|
17,685
|
|
|
1,811
|
|
|
|
75,200
|
|
|
||||||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
|
91,599
|
|
|
||||||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|
41,450
|
|
|
6,588
|
|
|
|
33,409
|
|
|
||||||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|
—
|
|
|
—
|
|
|
|
—
|
|
|
||||||
Adjusted EBITDA from continuing operations
|
$
|
143,793
|
|
(a)
|
$
|
126,731
|
|
(b)
|
$
|
175,627
|
|
(c)
|
$
|
67,741
|
|
(d)
|
$
|
16,096
|
|
(e)
|
|
$
|
988,265
|
|
(f)
|
|
(a)
|
Adjusted EBITDA for the year ended
December 31, 2017
included net expenses of
$22,275
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$15,021
, integration and reorganization costs of
$8,903
and a
$1,649
gain
on the sale or disposal of assets.
|
(b)
|
Adjusted EBITDA for the year ended
December 25, 2016
included net expenses of
$29,091
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$17,175
, integration and reorganization costs of
$8,352
and a
$3,564
loss
on the sale or disposal of assets.
|
(c)
|
Adjusted EBITDA for the year ended
December 27, 2015
included net income of
$13,566
, comprised of transaction and project costs and other expenses of
$29,433
, integration and reorganization costs of
$8,052
and a
$51,051
gain
on the sale or disposal of assets.
|
(d)
|
Adjusted EBITDA for the year ended
December 28, 2014
included net expenses of
$21,673
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$17,405
, integration and reorganization costs of
$2,796
and a
$1,472
loss
on the sale or disposal of assets.
|
(e)
|
Adjusted EBITDA for the two months ended
December 29, 2013
included net expenses of
$4,828
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$3,043
, integration and reorganization costs of
$1,758
and a
$27
loss
on the sale or disposal of assets.
|
(f)
|
Adjusted EBITDA for the ten months ended
November 6, 2013
included net income of
$930,229
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$932,969
, integration and reorganization costs of
$1,577
and a
$1,163
loss
on the sale or disposal of assets.
|
|
(1)
|
Non-cash loss (gain) on derivative instruments is related to interest rate swap agreements which are financing related and are excluded from Adjusted EBITDA.
|
(2)
|
Non-cash write-off of deferred financing costs are similar to interest expense and amortization of financing fees and are excluded from Adjusted EBITDA.
|
(3)
|
The year ended December 31, 2017 includes a 53
rd
week of operations.
|
|
As of
|
||||||||||||||||||
|
December 31, 2017
|
|
December 25, 2016
|
|
December 27, 2015
|
|
December 28, 2014
|
|
December 29, 2013
|
||||||||||
(in thousands)
|
|
|
|
|
|
|
|
|
|
||||||||||
Balance Sheet Data:
|
|
|
|
|
|
|
|
|
|
||||||||||
Total assets
|
$
|
1,283,546
|
|
|
$
|
1,336,030
|
|
|
$
|
1,197,120
|
|
|
$
|
817,574
|
|
|
$
|
685,102
|
|
Total long-term obligations, including current maturities
|
375,245
|
|
|
366,463
|
|
|
363,645
|
|
|
225,059
|
|
|
178,822
|
|
|||||
Stockholders’ equity
|
674,393
|
|
|
754,973
|
|
|
647,073
|
|
|
484,127
|
|
|
395,362
|
|
•
|
our strong and trusted local brands, with 85% of our daily newspapers having published local content for more than 100 years;
|
•
|
our ability to market through our print and online properties, driving branding and traffic; and
|
•
|
our more than 1,330 local, direct, in-market sales professionals with long standing relationships with small businesses in the communities we serve.
|
•
|
142 daily newspapers with total paid circulation of approximately 1.5 million;
|
•
|
334 weekly newspapers (published up to three times per week) with total paid circulation of approximately 318,000 and total free circulation of approximately 2.1 million;
|
•
|
140 “shoppers” (generally advertising-only publications) with total circulation of approximately 3.5 million;
|
•
|
569 locally-focused websites, which extend our businesses onto the internet and mobile devices with approximately 290 million page views per month;
|
•
|
two yellow page directories, with a distribution of approximately 290,000, that cover a population of approximately 419,000 people;
|
•
|
70 business publications; and
|
•
|
UpCurve Cloud and ThriveHive digital marketing.
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
||||||
(in thousands)
|
|
|
|
|
|
||||||
Revenues:
|
|
|
|
|
|
||||||
Advertising
|
$
|
683,990
|
|
|
$
|
684,900
|
|
|
$
|
696,696
|
|
Circulation
|
474,324
|
|
|
421,497
|
|
|
378,263
|
|
|||
Commercial printing and other
|
183,690
|
|
|
148,959
|
|
|
120,856
|
|
|||
Total revenues
|
1,342,004
|
|
|
1,255,356
|
|
|
1,195,815
|
|
|||
Operating costs and expenses:
|
|
|
|
|
|
||||||
Operating costs
|
742,822
|
|
|
699,312
|
|
|
656,555
|
|
|||
Selling, general, and administrative
|
448,331
|
|
|
414,983
|
|
|
406,282
|
|
|||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|||
Integration and reorganization costs
|
8,903
|
|
|
8,352
|
|
|
8,052
|
|
|||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|||
(Gain) loss on sale or disposal of assets
|
(1,649
|
)
|
|
3,564
|
|
|
(51,051
|
)
|
|||
Operating income
|
34,613
|
|
|
61,371
|
|
|
103,425
|
|
|||
Interest expense
|
30,476
|
|
|
29,635
|
|
|
32,057
|
|
|||
Loss on early extinguishment of debt
|
4,767
|
|
|
—
|
|
|
—
|
|
|||
Other (income) expense
|
(196
|
)
|
|
2,414
|
|
|
350
|
|
|||
(Loss) income before income taxes
|
(434
|
)
|
|
29,322
|
|
|
71,018
|
|
|||
Income tax expense (benefit)
|
481
|
|
|
(2,319
|
)
|
|
3,404
|
|
|||
Net (loss) income
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
|
Year Ended December 31, 2017
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27, 2015
|
||||||
(in thousands)
|
|
|
|
|
|
||||||
Net cash provided by operating activities
|
$
|
110,806
|
|
|
$
|
98,361
|
|
|
$
|
115,319
|
|
Net cash used in investing activities
|
(160,273
|
)
|
|
(144,833
|
)
|
|
(298,698
|
)
|
|||
Net cash (used in) provided by financing activities
|
(79,723
|
)
|
|
72,080
|
|
|
206,308
|
|
|
2018
|
|
2019
|
|
2020
|
|
2021
|
|
2022
|
|
Thereafter
|
|
Total
|
||||||||||||||
(in thousands)
|
|
||||||||||||||||||||||||||
Debt obligations
|
$
|
29,911
|
|
|
$
|
41,649
|
|
|
$
|
33,705
|
|
|
$
|
33,450
|
|
|
$
|
365,215
|
|
|
—
|
|
|
$
|
503,930
|
|
|
Operating lease obligations
|
22,384
|
|
|
19,010
|
|
|
17,413
|
|
|
14,988
|
|
|
12,465
|
|
|
83,044
|
|
|
169,304
|
|
|||||||
Management fee
|
9,400
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
9,400
|
|
|||||||
Noncompete payments
|
200
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
200
|
|
|||||||
Total
|
$
|
61,895
|
|
|
$
|
60,659
|
|
|
$
|
51,118
|
|
|
$
|
48,438
|
|
|
$
|
377,680
|
|
|
$
|
83,044
|
|
|
$
|
682,834
|
|
•
|
income tax expense (benefit);
|
•
|
interest/financing expense;
|
•
|
depreciation and amortization; and
|
•
|
non-cash impairments.
|
|
Successor Company
|
|
|
Predecessor Company
|
|
||||||||||||||||||||
|
Year Ended December 31, 2017
(3)
|
|
Year Ended December 25, 2016
|
|
Year Ended December 27, 2015
|
|
Year Ended December 28, 2014
|
|
Two Months Ended December 29, 2013
|
|
|
Ten Months Ended November 6, 2013
|
|
||||||||||||
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
(Loss) income from continuing operations
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
|
$
|
(3,205
|
)
|
|
$
|
7,206
|
|
|
|
$
|
788,240
|
|
|
Income tax expense (benefit)
|
481
|
|
|
(2,319
|
)
|
|
3,404
|
|
|
2,713
|
|
|
491
|
|
|
|
(197
|
)
|
|
||||||
Loss on derivative instruments
(1)
|
—
|
|
|
—
|
|
|
—
|
|
|
51
|
|
|
—
|
|
|
|
14
|
|
|
||||||
Loss on early extinguishment of debt
(2)
|
4,767
|
|
|
—
|
|
|
—
|
|
|
9,047
|
|
|
—
|
|
|
|
—
|
|
|
||||||
Interest expense
|
30,476
|
|
|
29,635
|
|
|
32,057
|
|
|
17,685
|
|
|
1,811
|
|
|
|
75,200
|
|
|
||||||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
|
91,599
|
|
|
||||||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|
41,450
|
|
|
6,588
|
|
|
|
33,409
|
|
|
||||||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|
—
|
|
|
—
|
|
|
|
—
|
|
|
||||||
Adjusted EBITDA from continuing operations
|
$
|
143,793
|
|
(a)
|
$
|
126,731
|
|
(b)
|
$
|
175,627
|
|
(c)
|
$
|
67,741
|
|
(d)
|
$
|
16,096
|
|
(e)
|
|
$
|
988,265
|
|
(f)
|
|
(a)
|
Adjusted EBITDA for the year ended
December 31, 2017
included net expenses of
$22,275
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$15,021
, integration and reorganization costs of
$8,903
and a
$1,649
gain
on the sale or disposal of assets.
|
(b)
|
Adjusted EBITDA for the year ended
December 25, 2016
included net expenses of
$29,091
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$17,175
, integration and reorganization costs of
$8,352
and a
$3,564
loss
on the sale or disposal of assets.
|
(c)
|
Adjusted EBITDA for the year ended
December 27, 2015
included net income of
$13,566
, comprised of transaction and project costs and other expenses of
$29,433
, integration and reorganization costs of
$8,052
and a
$51,051
gain
on the sale or disposal of assets.
|
(d)
|
Adjusted EBITDA for the year ended
December 28, 2014
included net expenses of
$21,673
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$17,405
, integration and reorganization costs of
$2,796
and a
$1,472
loss
on the sale or disposal of assets.
|
(e)
|
Adjusted EBITDA for the two months ended
December 29, 2013
included net expenses of
$4,828
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$3,043
, integration and reorganization costs of
$1,758
and a
$27
loss
on the sale or disposal of assets.
|
(f)
|
Adjusted EBITDA for the ten months ended
November 6, 2013
included net income of
$930,229
, comprised of transaction and project costs, non-cash compensation, and other expenses of
$932,969
, integration and reorganization costs of
$1,577
and a
$1,163
loss
on the sale or disposal of assets.
|
|
(1)
|
Non-cash (gain) loss on derivative instruments is related to interest rate swap agreements which are financing related and are excluded from Adjusted EBITDA.
|
(2)
|
Non-cash write-off of deferred financing costs are similar to interest expense and amortization of financing fees and are excluded from Adjusted EBITDA.
|
(3)
|
The year ended December 31, 2017 included a 53
rd
week of operations.
|
|
Page
|
Consolidated Financial Statements:
|
|
|
December 31,
2017 |
|
December 25,
2016 |
||||
ASSETS
|
|
|
|
||||
Current assets:
|
|
|
|
||||
Cash and cash equivalents
|
$
|
43,056
|
|
|
$
|
172,246
|
|
Restricted cash
|
3,106
|
|
|
3,406
|
|
||
Accounts receivable, net of allowance for doubtful accounts of $5,998 and $5,478 at December 31, 2017 and December 25, 2016, respectively
|
151,692
|
|
|
138,115
|
|
||
Inventory
|
18,654
|
|
|
18,167
|
|
||
Prepaid expenses
|
23,378
|
|
|
18,720
|
|
||
Other current assets
|
23,311
|
|
|
19,694
|
|
||
Total current assets
|
263,197
|
|
|
370,348
|
|
||
Property, plant, and equipment, net of accumulated depreciation of $171,395 and $130,839 at December 31, 2017 and December 25, 2016, respectively
|
373,123
|
|
|
381,319
|
|
||
Goodwill
|
236,555
|
|
|
227,954
|
|
||
Intangible assets, net of accumulated amortization of $67,588 and $43,632 at December 31, 2017 and December 25, 2016, respectively
|
403,493
|
|
|
351,477
|
|
||
Other assets
|
7,178
|
|
|
4,932
|
|
||
Total assets
|
$
|
1,283,546
|
|
|
$
|
1,336,030
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY
|
|
|
|
||||
Current liabilities:
|
|
|
|
||||
Current portion of long-term debt
|
$
|
2,716
|
|
|
$
|
14,387
|
|
Accounts payable
|
15,750
|
|
|
19,105
|
|
||
Accrued expenses
|
97,027
|
|
|
84,389
|
|
||
Deferred revenue
|
88,164
|
|
|
77,987
|
|
||
Total current liabilities
|
203,657
|
|
|
195,868
|
|
||
Long-term liabilities:
|
|
|
|
||||
Long-term debt
|
357,195
|
|
|
338,860
|
|
||
Long-term liabilities, less current portion
|
14,759
|
|
|
12,597
|
|
||
Deferred income taxes
|
8,080
|
|
|
7,786
|
|
||
Pension and other postretirement benefit obligations
|
25,462
|
|
|
25,946
|
|
||
Total liabilities
|
609,153
|
|
|
581,057
|
|
||
Stockholders’ equity:
|
|
|
|
||||
Common stock, $0.01 par value, 2,000,000,000 shares authorized at December 31, 2017 and December 25, 2016; 53,367,853 and 53,543,226 issued at December 31, 2017 and December 25, 2016, respectively
|
534
|
|
|
531
|
|
||
Additional paid-in capital
|
683,168
|
|
|
742,543
|
|
||
Accumulated other comprehensive loss
|
(5,461
|
)
|
|
(3,977
|
)
|
||
(Accumulated deficit) retained earnings
|
(2,767
|
)
|
|
16,293
|
|
||
Treasury stock, at cost, 140,972 and 46,438 shares at December 31, 2017 and December 25, 2016, respectively
|
(1,081
|
)
|
|
(417
|
)
|
||
Total stockholders’ equity
|
674,393
|
|
|
754,973
|
|
||
Total liabilities and stockholders’ equity
|
$
|
1,283,546
|
|
|
$
|
1,336,030
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
||||||
Revenues:
|
|
|
|
|
|
||||||
Advertising
|
$
|
683,990
|
|
|
$
|
684,900
|
|
|
$
|
696,696
|
|
Circulation
|
474,324
|
|
|
421,497
|
|
|
378,263
|
|
|||
Commercial printing and other
|
183,690
|
|
|
148,959
|
|
|
120,856
|
|
|||
Total revenues
|
1,342,004
|
|
|
1,255,356
|
|
|
1,195,815
|
|
|||
Operating costs and expenses:
|
|
|
|
|
|
||||||
Operating costs
|
742,822
|
|
|
699,312
|
|
|
656,555
|
|
|||
Selling, general, and administrative
|
448,331
|
|
|
414,983
|
|
|
406,282
|
|
|||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|||
Integration and reorganization costs
|
8,903
|
|
|
8,352
|
|
|
8,052
|
|
|||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|||
(Gain) loss on sale or disposal of assets
|
(1,649
|
)
|
|
3,564
|
|
|
(51,051
|
)
|
|||
Operating income
|
34,613
|
|
|
61,371
|
|
|
103,425
|
|
|||
Interest expense
|
30,476
|
|
|
29,635
|
|
|
32,057
|
|
|||
Loss on early extinguishment of debt
|
4,767
|
|
|
—
|
|
|
—
|
|
|||
Other (income) expense
|
(196
|
)
|
|
2,414
|
|
|
350
|
|
|||
(Loss) income before income taxes
|
(434
|
)
|
|
29,322
|
|
|
71,018
|
|
|||
Income tax expense (benefit)
|
481
|
|
|
(2,319
|
)
|
|
3,404
|
|
|||
Net (loss) income
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
(Loss) income per share:
|
|
|
|
|
|
||||||
Basic:
|
|
|
|
|
|
||||||
Net (loss) income
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.54
|
|
Diluted:
|
|
|
|
|
|
||||||
Net (loss) income
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.53
|
|
Dividends declared per share
|
$
|
1.42
|
|
|
$
|
1.34
|
|
|
$
|
1.29
|
|
Other comprehensive (loss) income:
|
|
|
|
|
|
||||||
Pension and other postretirement benefit items:
|
|
|
|
|
|
||||||
Net actuarial (loss) gain
|
$
|
(1,530
|
)
|
|
$
|
(816
|
)
|
|
$
|
1,227
|
|
Amortization of net actuarial loss (gain)
|
46
|
|
|
(3
|
)
|
|
84
|
|
|||
Total pension and other postretirement benefit items, net of income taxes of $0
|
(1,484
|
)
|
|
(819
|
)
|
|
1,311
|
|
|||
Other comprehensive (loss) income, net of tax
|
(1,484
|
)
|
|
(819
|
)
|
|
1,311
|
|
|||
Comprehensive (loss) income
|
$
|
(2,399
|
)
|
|
$
|
30,822
|
|
|
$
|
68,925
|
|
|
Common stock
|
|
Additional
paid-in
capital
|
|
Accumulated
other
comprehensive
(loss) income
|
|
(Accumulated
deficit)
retained
earnings |
|
Treasury stock
|
|
|
||||||||||||||||||
|
Shares
|
|
Amount
|
|
Shares
|
|
Amount
|
|
Total
|
||||||||||||||||||||
Balance at December 28, 2014
|
37,466,495
|
|
|
$
|
375
|
|
|
$
|
484,220
|
|
|
$
|
(4,469
|
)
|
|
$
|
4,001
|
|
|
—
|
|
|
$
|
—
|
|
|
$
|
484,127
|
|
Net income
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
67,614
|
|
|
—
|
|
|
—
|
|
|
67,614
|
|
||||||
Restricted share grants
|
244,002
|
|
|
—
|
|
|
225
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
225
|
|
||||||
Net actuarial gain and prior service cost, net of income taxes of $0
|
—
|
|
|
—
|
|
|
—
|
|
|
1,311
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
1,311
|
|
||||||
Non-cash compensation expense
|
—
|
|
|
—
|
|
|
1,319
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
1,319
|
|
||||||
Issuance of common stock, net of underwriter’s discount
|
7,000,000
|
|
|
70
|
|
|
150,059
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
150,129
|
|
||||||
Common stock cash dividend
|
—
|
|
|
—
|
|
|
(30,790
|
)
|
|
—
|
|
|
(26,862
|
)
|
|
—
|
|
|
—
|
|
|
(57,652
|
)
|
||||||
Balance at December 27, 2015
|
44,710,497
|
|
|
$
|
445
|
|
|
$
|
605,033
|
|
|
$
|
(3,158
|
)
|
|
$
|
44,753
|
|
|
—
|
|
|
$
|
—
|
|
|
$
|
647,073
|
|
Net income
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
31,641
|
|
|
—
|
|
|
—
|
|
|
31,641
|
|
||||||
Restricted share grants
|
207,729
|
|
|
—
|
|
|
225
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
225
|
|
||||||
Net actuarial loss and prior service cost, net of income taxes of $0
|
—
|
|
|
—
|
|
|
—
|
|
|
(819
|
)
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(819
|
)
|
||||||
Non-cash compensation expense
|
—
|
|
|
—
|
|
|
2,442
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
2,442
|
|
||||||
Issuance of common stock, net of underwriter’s discount
|
8,625,000
|
|
|
86
|
|
|
134,843
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
134,929
|
|
||||||
Purchase of treasury stock
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
26,749
|
|
|
(417
|
)
|
|
(417
|
)
|
||||||
Restricted share forfeiture
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
19,689
|
|
|
—
|
|
|
—
|
|
||||||
Common stock cash dividend
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(60,101
|
)
|
|
—
|
|
|
—
|
|
|
(60,101
|
)
|
||||||
Balance at December 25, 2016
|
53,543,226
|
|
|
$
|
531
|
|
|
$
|
742,543
|
|
|
$
|
(3,977
|
)
|
|
$
|
16,293
|
|
|
46,438
|
|
|
$
|
(417
|
)
|
|
$
|
754,973
|
|
Net loss
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(915
|
)
|
|
—
|
|
|
—
|
|
|
(915
|
)
|
||||||
Restricted share grants
|
202,758
|
|
|
7
|
|
|
218
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
225
|
|
||||||
Net actuarial loss and prior service cost, net of income taxes of $0
|
—
|
|
|
—
|
|
|
—
|
|
|
(1,484
|
)
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(1,484
|
)
|
||||||
Non-cash compensation expense
|
—
|
|
|
—
|
|
|
3,135
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
3,135
|
|
||||||
Offering costs
|
—
|
|
|
—
|
|
|
(111
|
)
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(111
|
)
|
||||||
Exercise of stock options
|
12,989
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||||
Purchase of treasury stock
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
44,004
|
|
|
(664
|
)
|
|
(664
|
)
|
||||||
Restricted share forfeiture
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
50,530
|
|
|
—
|
|
|
—
|
|
||||||
Repurchase of common stock
|
(391,120
|
)
|
|
(4
|
)
|
|
(4,997
|
)
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(5,001
|
)
|
||||||
Common stock cash dividend
|
—
|
|
|
—
|
|
|
(57,620
|
)
|
|
—
|
|
|
(18,145
|
)
|
|
—
|
|
|
—
|
|
|
(75,765
|
)
|
||||||
Balance at December 31, 2017
|
53,367,853
|
|
|
$
|
534
|
|
|
$
|
683,168
|
|
|
$
|
(5,461
|
)
|
|
$
|
(2,767
|
)
|
|
140,972
|
|
|
$
|
(1,081
|
)
|
|
$
|
674,393
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
||||||
Cash flows from operating activities:
|
|
|
|
|
|
||||||
Net (loss) income
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
|
|
|
|
|
|
||||||
Depreciation and amortization
|
74,394
|
|
|
67,774
|
|
|
67,752
|
|
|||
Non-cash compensation expense
|
3,135
|
|
|
2,442
|
|
|
1,319
|
|
|||
Non-cash interest expense
|
2,339
|
|
|
2,786
|
|
|
2,784
|
|
|||
Non-cash loss on early extinguishment of debt
|
2,344
|
|
|
—
|
|
|
—
|
|
|||
Deferred income taxes
|
294
|
|
|
(2,862
|
)
|
|
1,167
|
|
|||
(Gain) loss on sale or disposal of assets
|
(1,649
|
)
|
|
3,564
|
|
|
(51,051
|
)
|
|||
Pension and other postretirement benefit obligations
|
(1,963
|
)
|
|
(2,276
|
)
|
|
(1,002
|
)
|
|||
Impairment of long-lived assets
|
7,142
|
|
|
—
|
|
|
—
|
|
|||
Goodwill and mastheads impairment
|
27,448
|
|
|
—
|
|
|
4,800
|
|
|||
Non-cash charge to investments
|
250
|
|
|
2,766
|
|
|
—
|
|
|||
Changes in assets and liabilities:
|
|
|
|
|
|
||||||
Accounts receivable, net
|
4,981
|
|
|
14,880
|
|
|
(4,255
|
)
|
|||
Inventory
|
1,073
|
|
|
(999
|
)
|
|
2,701
|
|
|||
Prepaid expenses
|
(3,538
|
)
|
|
(1,805
|
)
|
|
(219
|
)
|
|||
Other assets
|
(4,332
|
)
|
|
(3,617
|
)
|
|
(1,412
|
)
|
|||
Accounts payable
|
(3,996
|
)
|
|
4,986
|
|
|
(14,666
|
)
|
|||
Accrued expenses
|
6,645
|
|
|
(21,723
|
)
|
|
37,814
|
|
|||
Deferred revenue
|
(4,607
|
)
|
|
(629
|
)
|
|
(1,508
|
)
|
|||
Other long-term liabilities
|
1,761
|
|
|
1,433
|
|
|
3,481
|
|
|||
Net cash provided by operating activities
|
110,806
|
|
|
98,361
|
|
|
115,319
|
|
|||
Cash flows from investing activities:
|
|
|
|
|
|
||||||
Purchases of property, plant, and equipment
|
(11,090
|
)
|
|
(10,631
|
)
|
|
(10,155
|
)
|
|||
Proceeds from sale of publications, other assets and insurance
|
14,972
|
|
|
3,284
|
|
|
142,583
|
|
|||
Acquisitions, net of cash acquired
|
(164,155
|
)
|
|
(137,486
|
)
|
|
(431,126
|
)
|
|||
Net cash used in investing activities
|
(160,273
|
)
|
|
(144,833
|
)
|
|
(298,698
|
)
|
|||
Cash flows from financing activities:
|
|
|
|
|
|
||||||
Payment of debt issuance costs
|
(3,576
|
)
|
|
—
|
|
|
(592
|
)
|
|||
Borrowings under term loans
|
20,000
|
|
|
—
|
|
|
122,872
|
|
|||
Borrowings under revolving credit facility
|
—
|
|
|
—
|
|
|
99,000
|
|
|||
Repayments under term loans
|
(14,443
|
)
|
|
(3,509
|
)
|
|
(3,135
|
)
|
|||
Repayments under revolving credit facility
|
—
|
|
|
—
|
|
|
(104,000
|
)
|
|||
Payment of offering costs
|
(431
|
)
|
|
(83
|
)
|
|
(1,343
|
)
|
|||
Issuance of common stock, net of underwriter’s discount
|
—
|
|
|
135,849
|
|
|
150,866
|
|
|||
Purchase of treasury stock
|
(664
|
)
|
|
(417
|
)
|
|
—
|
|
|||
Repurchase of common stock
|
(5,001
|
)
|
|
—
|
|
|
—
|
|
|||
Payment of dividends
|
(75,608
|
)
|
|
(59,760
|
)
|
|
(57,360
|
)
|
|||
Net cash (used in) provided by financing activities
|
(79,723
|
)
|
|
72,080
|
|
|
206,308
|
|
|||
Net (decrease) increase in cash and cash equivalents
|
(129,190
|
)
|
|
25,608
|
|
|
22,929
|
|
|||
Cash and cash equivalents at beginning of period
|
172,246
|
|
|
146,638
|
|
|
123,709
|
|
|||
Cash and cash equivalents at end of period
|
$
|
43,056
|
|
|
$
|
172,246
|
|
|
$
|
146,638
|
|
Supplemental disclosures on cash flow information:
|
|
|
|
|
|
||||||
Cash interest paid
|
$
|
33,626
|
|
|
$
|
26,908
|
|
|
$
|
21,726
|
|
Cash income taxes paid
|
$
|
52
|
|
|
$
|
2,601
|
|
|
$
|
1,389
|
|
Current assets
|
$
|
20,885
|
|
Other assets
|
108
|
|
|
Property, plant and equipment
|
50,359
|
|
|
Noncompete agreements
|
532
|
|
|
Advertiser relationships
|
34,077
|
|
|
Subscriber relationships
|
26,926
|
|
|
Customer relationships
|
5,638
|
|
|
Software
|
704
|
|
|
Mastheads
|
9,902
|
|
|
Goodwill
|
37,201
|
|
|
Total assets
|
186,332
|
|
|
Current liabilities
|
21,140
|
|
|
Other long-term liabilities
|
139
|
|
|
Total liabilities
|
21,279
|
|
|
Net assets
|
$
|
165,053
|
|
Current assets
|
20,820
|
|
Other assets
|
4,195
|
|
Property, plant and equipment
|
36,105
|
|
Noncompete agreements
|
886
|
|
Advertiser relationships
|
32,312
|
|
Subscriber relationships
|
13,696
|
|
Customer relationships
|
5,113
|
|
Software
|
5,783
|
|
Trade names
|
2,448
|
|
Mastheads
|
9,217
|
|
Goodwill
|
56,749
|
|
Total assets
|
187,324
|
|
Current liabilities
|
26,532
|
|
Pension obligations
|
16,299
|
|
Other long-term liabilities
|
8,585
|
|
Total liabilities
|
51,416
|
|
Net assets
|
135,908
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
|||||||||||||||
|
Number
of RSGs
|
|
Weighted-Average
Grant Date
Fair Value
|
|
Number
of RSGs
|
|
Weighted-Average
Grant Date
Fair Value
|
|
Number
of RSGs
|
|
Weighted-Average
Grant Date
Fair Value
|
|||||||||
Unvested at beginning of year
|
335,593
|
|
|
$
|
18.18
|
|
|
244,848
|
|
|
$
|
21.67
|
|
|
15,870
|
|
|
$
|
14.18
|
|
Granted
|
186,153
|
|
|
15.85
|
|
|
193,737
|
|
|
15.31
|
|
|
234,267
|
|
|
22.01
|
|
|||
Vested
|
(128,952
|
)
|
|
18.87
|
|
|
(83,303
|
)
|
|
21.51
|
|
|
(5,289
|
)
|
|
14.18
|
|
|||
Forfeited
|
(50,530
|
)
|
|
16.80
|
|
|
(19,689
|
)
|
|
19.22
|
|
|
—
|
|
|
—
|
|
|||
Unvested at end of year
|
342,264
|
|
|
$
|
16.86
|
|
|
335,593
|
|
|
$
|
18.18
|
|
|
244,848
|
|
|
$
|
21.67
|
|
|
Severance and
Related Costs
|
|
Other
Costs
(1)
|
|
Total
|
||||||
Balance at December 27, 2015
|
$
|
2,199
|
|
|
$
|
322
|
|
|
$
|
2,521
|
|
Restructuring provision included in Integration and Reorganization
|
6,782
|
|
|
1,570
|
|
|
8,352
|
|
|||
Restructuring accrual assumed from acquisition
|
52
|
|
|
43
|
|
|
95
|
|
|||
Cash payments
|
(7,855
|
)
|
|
(1,579
|
)
|
|
(9,434
|
)
|
|||
Balance at December 25, 2016
|
$
|
1,178
|
|
|
$
|
356
|
|
|
$
|
1,534
|
|
Restructuring provision included in Integration and Reorganization
|
7,660
|
|
|
1,243
|
|
|
8,903
|
|
|||
Cash payments
|
(8,121
|
)
|
|
(1,233
|
)
|
|
(9,354
|
)
|
|||
Balance at December 31, 2017
|
$
|
717
|
|
|
$
|
366
|
|
|
$
|
1,083
|
|
|
(1)
|
Other costs primarily included costs to consolidate operations.
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
||||
Severance and related costs
|
$
|
7,660
|
|
|
$
|
6,782
|
|
Severance and other costs assumed from acquisition
|
—
|
|
|
95
|
|
||
Other costs
|
1,243
|
|
|
1,570
|
|
||
Cash payments
|
(9,354
|
)
|
|
(9,434
|
)
|
|
December 31, 2017
|
|
December 25, 2016
|
||||
Land
|
$
|
42,046
|
|
|
$
|
40,264
|
|
Buildings and improvements
|
204,235
|
|
|
189,714
|
|
||
Machinery and equipment
|
260,232
|
|
|
250,846
|
|
||
Furniture, fixtures, and computer software
|
33,371
|
|
|
30,059
|
|
||
Construction in progress
|
4,634
|
|
|
1,275
|
|
||
|
544,518
|
|
|
512,158
|
|
||
Less: accumulated depreciation
|
(171,395
|
)
|
|
(130,839
|
)
|
||
Total
|
$
|
373,123
|
|
|
$
|
381,319
|
|
|
December 31, 2017
|
||||||||||
|
Gross
carrying
amount
|
|
Accumulated
amortization
|
|
Net
carrying
amount
|
||||||
Amortized intangible assets:
|
|
|
|
||||||||
Advertiser relationships
|
208,995
|
|
|
37,046
|
|
|
171,949
|
|
|||
Customer relationships
|
30,576
|
|
|
5,094
|
|
|
25,482
|
|
|||
Subscriber relationships
|
117,870
|
|
|
20,814
|
|
|
97,056
|
|
|||
Other intangible assets
|
10,866
|
|
|
4,634
|
|
|
6,232
|
|
|||
Total
|
$
|
368,307
|
|
|
$
|
67,588
|
|
|
$
|
300,719
|
|
Nonamortized intangible assets:
|
|
|
|
|
|
||||||
Goodwill
|
$
|
236,555
|
|
|
|
|
|
||||
Mastheads
|
102,774
|
|
|
|
|
|
|||||
Total
|
$
|
339,329
|
|
|
|
|
|
||||
|
December 25, 2016
|
||||||||||
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
||||||
Amortized intangible assets:
|
|
|
|
||||||||
Advertiser relationships
|
$
|
174,918
|
|
|
$
|
24,618
|
|
|
$
|
150,300
|
|
Customer relationships
|
24,938
|
|
|
3,153
|
|
|
21,785
|
|
|||
Subscriber relationships
|
90,944
|
|
|
13,911
|
|
|
77,033
|
|
|||
Other intangible assets
|
9,589
|
|
|
1,950
|
|
|
7,639
|
|
|||
Total
|
$
|
300,389
|
|
|
$
|
43,632
|
|
|
$
|
256,757
|
|
Nonamortized intangible assets:
|
|
|
|
|
|
||||||
Goodwill
|
$
|
227,954
|
|
|
|
|
|
||||
Mastheads
|
94,720
|
|
|
|
|
|
|||||
Total
|
$
|
322,674
|
|
|
|
|
|
Balance at December 27, 2015, net of accumulated impairment losses of $0
|
$
|
171,119
|
|
Goodwill acquired in business combinations
|
56,914
|
|
|
Goodwill related to divestitures
|
(79
|
)
|
|
Balance at December 25, 2016, net of accumulated impairment losses of $0
|
227,954
|
|
|
Goodwill acquired in business combinations
|
37,037
|
|
|
Goodwill impairment
|
(25,641
|
)
|
|
Goodwill related to divestitures
|
(2,795
|
)
|
|
Balance at December 31, 2017, net of accumulated impairment losses of $25,641
|
$
|
236,555
|
|
|
December 31, 2017
|
|
December 25, 2016
|
||||
Accrued payroll and related liabilities
|
$
|
19,229
|
|
|
$
|
14,228
|
|
Accrued bonus
|
12,556
|
|
|
11,806
|
|
||
Accrued insurance
|
11,463
|
|
|
9,579
|
|
||
Accrued legal and professional fees
|
2,760
|
|
|
2,476
|
|
||
Accrued interest expense
|
160
|
|
|
6,366
|
|
||
Accrued taxes
|
4,631
|
|
|
3,504
|
|
||
Accrued restructuring
|
1,083
|
|
|
1,534
|
|
||
Accrued management and incentive fees
|
11,039
|
|
|
9,299
|
|
||
Accrued other
|
34,106
|
|
|
25,597
|
|
||
|
$
|
97,027
|
|
|
$
|
84,389
|
|
2018
|
$
|
2,716
|
|
2019
|
11,622
|
|
|
2020
|
3,622
|
|
|
2021
|
3,622
|
|
|
2022
|
346,769
|
|
|
|
$
|
368,351
|
|
Less:
|
|
||
Short-term debt
|
2,716
|
|
|
Remaining original issue discount
|
3,755
|
|
|
Deferred financing costs
|
4,685
|
|
|
Long-term debt
|
$
|
357,195
|
|
|
Current
|
|
Deferred
|
|
Total
|
||||||
Year Ended December 31, 2017:
|
|
|
|
|
|
||||||
U.S. Federal
|
$
|
—
|
|
|
$
|
(617
|
)
|
|
$
|
(617
|
)
|
State and local
|
1,003
|
|
|
95
|
|
|
1,098
|
|
|||
|
$
|
1,003
|
|
|
$
|
(522
|
)
|
|
$
|
481
|
|
Year Ended December 25, 2016:
|
|
|
|
|
|
||||||
U.S. Federal
|
$
|
—
|
|
|
$
|
(2,913
|
)
|
|
$
|
(2,913
|
)
|
State and local
|
543
|
|
|
51
|
|
|
594
|
|
|||
|
$
|
543
|
|
|
(2,862
|
)
|
|
$
|
(2,319
|
)
|
|
Year Ended December 27, 2015:
|
|
|
|
|
|
||||||
U.S. Federal
|
$
|
857
|
|
|
$
|
933
|
|
|
$
|
1,790
|
|
State and local
|
1,380
|
|
|
234
|
|
|
1,614
|
|
|||
|
$
|
2,237
|
|
|
1,167
|
|
|
$
|
3,404
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
|
||||||
Computed “expected” tax expense (benefit)
|
$
|
(148
|
)
|
|
$
|
9,969
|
|
|
$
|
24,307
|
|
|
Increase (decrease) in income tax benefit resulting from:
|
|
|
|
|
|
|
||||||
State and local income taxes, net of federal benefit
|
1,139
|
|
|
873
|
|
|
902
|
|
|
|||
Net nondeductible meals, entertainment, and other expenses
|
1,027
|
|
|
796
|
|
|
890
|
|
|
|||
Tax Effects- 2017 Legislation
|
(4,200
|
)
|
|
—
|
|
|
—
|
|
|
|||
Change in valuation allowance
|
2,663
|
|
|
(13,922
|
)
|
|
(23,952
|
)
|
|
|||
Increase (decrease) to provision for unrecognized tax benefits
|
—
|
|
|
—
|
|
|
249
|
|
|
|||
Alternative minimum tax
|
—
|
|
|
—
|
|
|
920
|
|
|
|||
Other
|
—
|
|
|
(35
|
)
|
|
88
|
|
|
|||
|
$
|
481
|
|
|
$
|
(2,319
|
)
|
|
$
|
3,404
|
|
|
|
December 31, 2017
|
|
December 25, 2016
|
||||
Non-current deferred tax assets/(liabilities):
|
|
|
|
||||
Accounts receivable
|
$
|
1,328
|
|
|
$
|
1,560
|
|
Accrued expenses
|
6,768
|
|
|
10,945
|
|
||
Inventory capitalization
|
1,055
|
|
|
1,508
|
|
||
Alternative minimum tax credit
|
—
|
|
|
818
|
|
||
Pension and other postretirement benefit obligation
|
3,365
|
|
|
4,635
|
|
||
Definite and indefinite lived intangible assets
|
4,076
|
|
|
19,266
|
|
||
Net operating losses
|
60,360
|
|
|
79,991
|
|
||
Fixed assets
|
(15,156
|
)
|
|
(28,550
|
)
|
||
Gross non-current deferred tax assets/liabilities
|
61,796
|
|
|
90,173
|
|
||
Less valuation allowance
|
(69,876
|
)
|
|
(97,959
|
)
|
||
Net deferred tax liabilities
|
$
|
(8,080
|
)
|
|
$
|
(7,786
|
)
|
Balance as of December 28, 2014
|
$
|
1,040
|
|
Increases based on tax positions in 2015 and tax attribute reductions
|
249
|
|
|
Uncertain tax positions as of December 27, 2015
|
$
|
1,289
|
|
Decreases based on tax positions prior to 2016
|
(113
|
)
|
|
Uncertain tax positions as of December 25, 2016
|
$
|
1,176
|
|
Decreases based on tax positions prior to 2017
|
(16
|
)
|
|
Uncertain tax positions as of December 31, 2017
|
$
|
1,160
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
||||||
Numerator for earnings per share calculation:
|
|
|
|
|
|
||||||
Net (loss) income
|
$
|
(915
|
)
|
|
$
|
31,641
|
|
|
$
|
67,614
|
|
Denominator for earnings per share calculation:
|
|
|
|
|
|
||||||
Basic weighted average shares outstanding
|
53,010,421
|
|
|
45,234,369
|
|
|
44,039,415
|
|
|||
Effect of dilutive securities:
|
|
|
|
|
|
||||||
Stock Options and Restricted Stock Grants
|
—
|
|
|
82,538
|
|
|
169,699
|
|
|||
Diluted weighted average shares outstanding
|
53,010,421
|
|
|
45,316,907
|
|
|
44,209,114
|
|
|||
|
|
|
|
|
|
||||||
Basic net (loss) income per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.54
|
|
Diluted net (loss) income per share
|
$
|
(0.02
|
)
|
|
$
|
0.70
|
|
|
$
|
1.53
|
|
|
Number of Options
|
|
Weighted-Average Grant Date Fair Value
|
|
Weighted-Average Exercise Price
|
|
Weighted-Average Remaining Contractual Term (Years)
|
|
Aggregate Intrinsic Value ($000)
|
|||||||
Outstanding at December 27, 2015
|
1,445,062
|
|
|
$
|
4.92
|
|
|
$
|
18.61
|
|
|
8.9
|
|
$
|
2,995
|
|
Granted
|
862,500
|
|
|
$
|
2.65
|
|
|
$
|
16.00
|
|
|
|
|
|
||
Outstanding at December 25, 2016
|
2,307,562
|
|
|
$
|
4.07
|
|
|
$
|
17.64
|
|
|
8.7
|
|
$
|
186
|
|
Exercised
|
(92,751
|
)
|
|
$
|
3.98
|
|
|
$
|
14.37
|
|
|
|
|
|
||
Outstanding at December 31, 2017
|
2,214,811
|
|
|
$
|
4.08
|
|
|
$
|
16.90
|
|
|
7.7
|
|
$
|
2,245
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
Exercisable at December 31, 2017
|
1,722,311
|
|
|
|
|
$
|
17.15
|
|
|
7.3
|
|
$
|
1,861
|
|
|
Net actuarial loss
|
||
Balance at December 27, 2015
|
$
|
(3,158
|
)
|
Other comprehensive loss before reclassifications
|
(816
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss
(1)
|
(3
|
)
|
|
Net current period other comprehensive loss, net of taxes
|
(819
|
)
|
|
Balance at December 25, 2016
|
$
|
(3,977
|
)
|
Other comprehensive loss before reclassifications
|
(1,530
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss
(1)
|
46
|
|
|
Net current period other comprehensive loss, net of taxes
|
(1,484
|
)
|
|
Balance at December 31, 2017
|
$
|
(5,461
|
)
|
|
(1)
|
This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost. See Note 13 “Pension and Postretirement Benefits”.
|
|
Amounts Reclassified from Accumulated Other
Comprehensive Loss
|
|
Affected Line Item in the
Consolidated Statements of
Operations and
Comprehensive Loss
|
||||||||||
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 27, 2015 |
|
|||||||
Amortization of unrecognized loss (gain)
|
$
|
46
|
|
|
$
|
(3
|
)
|
|
$
|
84
|
|
|
(1)
|
Amounts reclassified from accumulated other comprehensive loss
|
46
|
|
|
(3
|
)
|
|
84
|
|
|
Income before income taxes
|
|||
Income tax benefit
|
—
|
|
|
—
|
|
|
—
|
|
|
Income tax (benefit) expense
|
|||
Amounts reclassified from accumulated other comprehensive loss, net of taxes
|
$
|
46
|
|
|
$
|
(3
|
)
|
|
$
|
84
|
|
|
Net income
|
|
(1)
|
This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost and recognized in selling, general and administrative. See Note 13 “Pension and Postretirement Benefits”.
|
|
Pension
|
|
Postretirement
|
||||||||||||
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
||||||||
Change in projected benefit obligation:
|
|
|
|
|
|
|
|
||||||||
Benefit obligation at beginning of period
|
$
|
78,323
|
|
|
$
|
26,161
|
|
|
$
|
5,010
|
|
|
$
|
5,630
|
|
Benefit obligation assumed during the period
|
—
|
|
|
52,312
|
|
|
—
|
|
|
—
|
|
||||
Service cost
|
630
|
|
|
300
|
|
|
11
|
|
|
14
|
|
||||
Interest cost
|
3,143
|
|
|
3,255
|
|
|
189
|
|
|
213
|
|
||||
Actuarial loss (gain)
|
5,850
|
|
|
1,267
|
|
|
(88
|
)
|
|
(555
|
)
|
||||
Benefits and expenses paid
|
(5,602
|
)
|
|
(4,972
|
)
|
|
(481
|
)
|
|
(306
|
)
|
||||
Participant contributions
|
—
|
|
|
—
|
|
|
211
|
|
|
33
|
|
||||
Employer implicit subsidy fulfilled
|
—
|
|
|
—
|
|
|
(17
|
)
|
|
(19
|
)
|
||||
Projected benefit obligation at end of period
|
$
|
82,344
|
|
|
$
|
78,323
|
|
|
$
|
4,835
|
|
|
$
|
5,010
|
|
Change in plan assets:
|
|
|
|
|
|
|
|
||||||||
Fair value of plan assets at beginning of period
|
$
|
57,266
|
|
|
$
|
20,560
|
|
|
$
|
—
|
|
|
$
|
—
|
|
Fair value of plan assets assumed during the period
|
—
|
|
|
36,012
|
|
|
—
|
|
|
—
|
|
||||
Actual return on plan assets
|
8,390
|
|
|
4,069
|
|
|
—
|
|
|
—
|
|
||||
Employer contributions
|
1,485
|
|
|
1,597
|
|
|
—
|
|
|
—
|
|
||||
Benefits paid
|
(4,750
|
)
|
|
(4,666
|
)
|
|
—
|
|
|
—
|
|
||||
Expenses paid
|
(852
|
)
|
|
(306
|
)
|
|
—
|
|
|
—
|
|
||||
Fair value of plan assets at end of period
|
$
|
61,539
|
|
|
$
|
57,266
|
|
|
$
|
—
|
|
|
$
|
—
|
|
Reconciliation of funded status:
|
|
|
|
|
|
|
|
||||||||
Benefit obligation at end of period
|
$
|
(82,344
|
)
|
|
$
|
(78,323
|
)
|
|
$
|
(4,835
|
)
|
|
$
|
(5,010
|
)
|
Fair value of assets at end of period
|
61,539
|
|
|
57,266
|
|
|
—
|
|
|
—
|
|
||||
Funded status
|
(20,805
|
)
|
|
(21,057
|
)
|
|
(4,835
|
)
|
|
(5,010
|
)
|
||||
Unrecognized actuarial loss (gain)
|
6,227
|
|
|
4,803
|
|
|
(766
|
)
|
|
(826
|
)
|
||||
Net accrued benefit cost
|
$
|
(14,578
|
)
|
|
$
|
(16,254
|
)
|
|
$
|
(5,601
|
)
|
|
$
|
(5,836
|
)
|
Balance sheet presentation:
|
|
|
|
|
|
|
|
||||||||
Accrued liabilities
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
375
|
|
|
$
|
358
|
|
Pension and other postretirement benefit obligations
|
20,805
|
|
|
21,057
|
|
|
4,460
|
|
|
4,652
|
|
||||
Accumulated other comprehensive (loss) income
|
(6,227
|
)
|
|
(4,803
|
)
|
|
766
|
|
|
826
|
|
||||
Net accrued benefit cost
|
$
|
14,578
|
|
|
$
|
16,254
|
|
|
$
|
5,601
|
|
|
$
|
5,836
|
|
Comparison of obligations to plan assets:
|
|
|
|
|
|
|
|
||||||||
Projected benefit obligation
|
$
|
82,344
|
|
|
$
|
78,323
|
|
|
$
|
4,835
|
|
|
$
|
5,010
|
|
Accumulated benefit obligation
|
82,344
|
|
|
78,323
|
|
|
4,835
|
|
|
5,010
|
|
||||
Fair value of plan assets
|
61,539
|
|
|
57,266
|
|
|
—
|
|
|
—
|
|
|
Pension
|
|
|
Postretirement
|
||||||||||||||||||||
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year
Ended December 27, 2015 |
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year
Ended December 27, 2015 |
||||||||||||
Components of net periodic benefit cost:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Service cost
|
$
|
630
|
|
|
$
|
300
|
|
|
$
|
300
|
|
|
|
$
|
11
|
|
|
$
|
14
|
|
|
$
|
19
|
|
Interest cost
|
3,143
|
|
|
3,255
|
|
|
1,149
|
|
|
|
189
|
|
|
213
|
|
|
223
|
|
||||||
Expected return on plan assets
|
(4,157
|
)
|
|
(4,174
|
)
|
|
(1,636
|
)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||||
Amortization of unrecognized loss (gain)
|
194
|
|
|
94
|
|
|
84
|
|
|
|
(148
|
)
|
|
(97
|
)
|
|
—
|
|
||||||
Net periodic benefit (credit) cost
|
$
|
(190
|
)
|
|
$
|
(525
|
)
|
|
$
|
(103
|
)
|
|
|
$
|
52
|
|
|
$
|
130
|
|
|
$
|
242
|
|
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Net actuarial loss (gain)
|
$
|
1,618
|
|
|
$
|
1,371
|
|
|
$
|
(305
|
)
|
|
|
$
|
(88
|
)
|
|
$
|
(555
|
)
|
|
$
|
(922
|
)
|
Amortization of net actuarial (loss) gain
|
(194
|
)
|
|
(94
|
)
|
|
(84
|
)
|
|
|
148
|
|
|
97
|
|
|
—
|
|
||||||
Total recognized in other comprehensive income (loss)
|
$
|
1,424
|
|
|
$
|
1,277
|
|
|
$
|
(389
|
)
|
|
|
$
|
60
|
|
|
$
|
(458
|
)
|
|
$
|
(922
|
)
|
|
Pension
|
|
Postretirement
|
||||||||
|
December 31, 2017
|
|
December 25, 2016
|
|
December 31, 2017
|
|
December 25, 2016
|
||||
Weighted average discount rate
|
3.5
|
%
|
|
4.1
|
%
|
|
3.3
|
%
|
|
3.9
|
%
|
Rate of increase in future compensation levels
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Expected return on assets
|
7.5
|
%
|
|
7.6
|
%
|
|
—
|
|
|
—
|
|
Current year medical trend
|
—
|
|
|
—
|
|
|
6.6
|
%
|
|
6.9
|
%
|
Ultimate year medical trend
|
—
|
|
|
—
|
|
|
4.5
|
%
|
|
4.5
|
%
|
Year of ultimate trend
|
—
|
|
|
—
|
|
|
2025
|
|
|
2025
|
|
|
Pension
|
|
Postretirement
|
||||||||||||||
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year
Ended December 27, 2015 |
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
|
Year
Ended December 27, 2015 |
||||||
Weighted average discount rate
|
4.1
|
%
|
|
3.9
|
%
|
|
4.2
|
%
|
|
3.9
|
%
|
|
4.3
|
%
|
|
3.8
|
%
|
Rate of increase in future compensation levels
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Expected return on assets
|
7.5
|
%
|
|
7.6
|
%
|
|
7.8
|
%
|
|
—
|
|
|
—
|
|
|
—
|
|
Current year medical trend
|
—
|
|
|
—
|
|
|
—
|
|
|
6.7
|
%
|
|
7.2
|
%
|
|
7.3
|
%
|
Ultimate year medical trend
|
—
|
|
|
—
|
|
|
—
|
|
|
4.5
|
%
|
|
4.5
|
%
|
|
4.8
|
%
|
Year of ultimate trend
|
—
|
|
|
—
|
|
|
—
|
|
|
2026
|
|
|
2026
|
|
|
2025
|
|
|
Year Ended
December 31, 2017 |
|
Year Ended
December 25, 2016 |
||||||||||
|
Dollar
|
|
Percent
|
|
Dollar
|
|
Percent
|
||||||
Equity mutual funds
|
$
|
37,383
|
|
|
61
|
%
|
|
$
|
35,319
|
|
|
62
|
%
|
Fixed income mutual funds
|
15,092
|
|
|
24
|
%
|
|
14,449
|
|
|
25
|
%
|
||
Cash and cash equivalents
|
1,805
|
|
|
3
|
%
|
|
824
|
|
|
1
|
%
|
||
Other
|
7,259
|
|
|
12
|
%
|
|
6,674
|
|
|
12
|
%
|
||
Total
|
$
|
61,539
|
|
|
100
|
%
|
|
$
|
57,266
|
|
|
100
|
%
|
|
Pension
|
|
Postretirement
|
||||
2018
|
$
|
4,795
|
|
|
$
|
376
|
|
2019
|
4,786
|
|
|
362
|
|
||
2020
|
4,772
|
|
|
341
|
|
||
2021
|
4,734
|
|
|
346
|
|
||
2022
|
4,755
|
|
|
330
|
|
||
2023-2027
|
23,428
|
|
|
1,496
|
|
||
Employer contribution expected to be paid during the year ending December 30, 2018
|
$
|
1,765
|
|
|
$
|
376
|
|
•
|
The Company plays no part in the management of plan investments or any other aspect of plan administration.
|
•
|
Assets contributed to the multi-employer plan by one employer may be used to provide benefits to employees of other participating employers.
|
•
|
If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers.
|
•
|
If the Company chooses to stop participating in some of its multi-employer plans, the Company may be required to pay those plans an amount based on the unfunded status of the plan, referred to as withdrawal liability.
|
|
EIN Number/
|
|
Zone
Status
|
|
FIP/RP
Status
Pending/
|
|
Contributions
(in thousands)
|
|
Surcharge
|
|
Expiration
|
||||||||||||
Pension Plan Name
|
Plan Number
|
|
2017
|
|
2016
|
|
Implemented
|
|
2017
|
|
2016
|
|
2015
|
|
Imposed
|
|
Dates of CBAs
|
||||||
CWA/ITU Negotiated Pension Plan
|
13-6212879/001
|
|
Red
|
|
Red
|
|
Implemented
|
|
$
|
10
|
|
|
$
|
11
|
|
|
$
|
12
|
|
|
No
|
|
May 4, 2017
|
GCIU—Employer Retirement Benefit Plan
(1)
|
91-6024903/001
|
|
Red
|
|
Red
|
|
Implemented
|
|
84
|
|
|
89
|
|
|
99
|
|
|
No
|
|
Under negotiation
|
|||
The Newspaper Guild International Pension Plan
(1)
|
52-1082662/001
|
|
Red
|
|
Red
|
|
Implemented
|
|
36
|
|
|
40
|
|
|
38
|
|
|
No
|
|
July 1, 2018 and November 14, 2018
|
|||
Total
|
|
|
|
|
|
|
|
|
$
|
130
|
|
|
$
|
140
|
|
|
$
|
149
|
|
|
|
|
|
|
(1)
|
This plan has elected to utilize special amortization provisions provided under the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010.
|
•
|
Level 1: Observable inputs such as quoted prices in active markets for identical assets or liabilities;
|
•
|
Level 2: Inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities or market corroborated inputs; and
|
•
|
Level 3: Unobservable inputs for which there is little or no market data and which require the Company to develop their own assumptions about how market participants price the asset or liability.
|
•
|
Market approach—Uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities;
|
•
|
Income approach—Uses valuation techniques to convert future amounts to a single present amount based on current market expectation about those future amounts;
|
•
|
Cost approach—Based on the amount that currently would be required to replace the service capacity of an asset (replacement cost).
|
|
Fair Value Measurements at Reporting Date Using
|
|
|
||||||||||||
|
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
|
|
Significant Other
Observable
Inputs
(Level 2)
|
|
Significant
Unobservable
Inputs
(Level 3)
|
|
Total Fair Value
Measurements
|
||||||||
As of December 31, 2017
|
|
|
|
|
|
|
|
||||||||
Assets
|
|
|
|
|
|
|
|
||||||||
Cash and cash equivalents
|
$
|
43,056
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
43,056
|
|
Restricted cash
|
3,106
|
|
|
—
|
|
|
—
|
|
|
3,106
|
|
||||
As of December 25, 2016
|
|
|
|
|
|
|
|
||||||||
Assets
|
|
|
|
|
|
|
|
||||||||
Cash and cash equivalents
|
$
|
172,246
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
172,246
|
|
Restricted cash
|
3,406
|
|
|
—
|
|
|
—
|
|
|
3,406
|
|
|
Quarter Ended March 26
|
|
Quarter Ended June 25
|
|
Quarter Ended September 24
|
|
Quarter Ended December 31
|
||||||||
Year Ended December 31, 2017
|
|
|
|
|
|
|
|
||||||||
Revenues
|
$
|
307,524
|
|
|
$
|
322,873
|
|
|
$
|
317,176
|
|
|
$
|
394,431
|
|
Goodwill and mastheads impairment
|
—
|
|
|
27,448
|
|
|
—
|
|
|
—
|
|
||||
Operating income
|
(2,846
|
)
|
|
(6,455
|
)
|
|
11,490
|
|
|
32,424
|
|
||||
(Loss) income before income taxes
|
(10,016
|
)
|
|
(13,732
|
)
|
|
(1,038
|
)
|
|
24,352
|
|
||||
Net (loss) income
|
(3,685
|
)
|
|
(21,687
|
)
|
|
(1,971
|
)
|
|
26,428
|
|
||||
Basic (loss) income per share
|
(0.07
|
)
|
|
(0.41
|
)
|
|
(0.04
|
)
|
|
0.50
|
|
||||
Diluted (loss) income per share
|
(0.07
|
)
|
|
(0.41
|
)
|
|
(0.04
|
)
|
|
0.50
|
|
|
Quarter Ended March 27
|
|
Quarter Ended June 26
|
|
Quarter Ended September 25
|
|
Quarter Ended December 25
|
||||||||
Year Ended December 25, 2016
|
|
|
|
|
|
|
|
||||||||
Revenues
|
$
|
300,104
|
|
|
$
|
314,830
|
|
|
$
|
306,838
|
|
|
$
|
333,584
|
|
Operating income
|
7,030
|
|
|
16,745
|
|
|
10,628
|
|
|
26,968
|
|
||||
(Loss) income before income taxes
|
(160
|
)
|
|
9,312
|
|
|
3,299
|
|
|
16,871
|
|
||||
Net income
|
4,967
|
|
|
9,383
|
|
|
2,795
|
|
|
14,496
|
|
||||
Basic income per share
|
0.11
|
|
|
0.21
|
|
|
0.06
|
|
|
0.31
|
|
||||
Diluted income per share
|
0.11
|
|
|
0.21
|
|
|
0.06
|
|
|
0.31
|
|
Plan Category
|
Number of Securities
to be Issued Upon
Exercise of
Outstanding
Options, Warrants
and Rights
|
|
Weighted-Average
Exercise Price of
Outstanding Options,
Warrants and Rights
|
|
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation
Plans (Excluding
Securities Reflected in
Column (a))
|
|||
|
(a)
|
|
(b)
|
|
(c)
|
|||
Equity compensation plans approved by security holders
|
—
|
|
|
—
|
|
|
14,755,416
|
|
Equity compensation plans not approved by security holders
|
—
|
|
|
—
|
|
|
—
|
|
Totals
|
—
|
|
|
|
|
14,755,416
|
|
Description
|
Balance at
Beginning
of Period
|
|
Charges to (Benefits from)
Earnings
|
|
Charges
to Other
Accounts
|
|
Deductions
|
|
Balance at
End of
Period
|
||||||||||
Allowance for doubtful accounts
|
|
|
|
|
|
|
|
|
|
||||||||||
Year ended December 31, 2017
|
$
|
5,478
|
|
|
$
|
5,563
|
|
|
$
|
—
|
|
|
$
|
(5,043
|
)
|
|
$
|
5,998
|
|
Year ended December 25, 2016
|
$
|
4,479
|
|
|
$
|
4,399
|
|
|
$
|
—
|
|
|
$
|
(3,400
|
)
|
|
$
|
5,478
|
|
Year ended December 27, 2015
|
$
|
3,462
|
|
|
$
|
1,906
|
|
|
$
|
—
|
|
|
$
|
(889
|
)
|
(1)
|
$
|
4,479
|
|
Deferred tax valuation allowance
|
|
|
|
|
|
|
|
|
|
||||||||||
Year ended December 31, 2017
|
$
|
97,959
|
|
|
$
|
(27,957
|
)
|
|
$
|
(126
|
)
|
(2)
|
$
|
—
|
|
|
$
|
69,876
|
|
Year ended December 25, 2016
|
$
|
112,764
|
|
|
$
|
(15,126
|
)
|
|
$
|
321
|
|
(2)
|
$
|
—
|
|
|
$
|
97,959
|
|
Year ended December 27, 2015
|
$
|
139,936
|
|
|
$
|
(26,660
|
)
|
|
$
|
(512
|
)
|
(2)
|
$
|
—
|
|
|
$
|
112,764
|
|
|
(1)
|
Amounts are primarily related to the write off of fully reserved accounts receivable.
|
(2)
|
Amount relates to a valuation allowance for a pension actuarial loss recorded in accumulated other comprehensive income (loss).
|
Exhibit No.
|
|
Description
|
|
|
|
2.1
|
|
|
2.2
|
|
|
2.3
|
|
|
2.4
|
|
|
2.5
|
|
|
2.6
|
|
|
2.7
|
|
|
2.8
|
|
|
2.9
|
|
|
2.10
|
|
|
2.11
|
|
|
2.12
|
|
|
2.13
|
|
|
3.1
|
|
|
3.2
|
|
Exhibit No.
|
|
Description
|
4.1
|
|
|
4.2
|
|
|
4.3
|
|
|
*10.1
|
|
|
*10.2
|
|
|
*10.3
|
|
|
10.4
|
|
|
10.5
|
|
|
10.6
|
|
|
10.7
|
|
|
10.8
|
|
|
10.9
|
|
Exhibit No.
|
|
Description
|
10.10
|
|
|
*10.11
|
|
|
*10.12
|
|
|
10.13
|
|
|
10.14
|
|
|
10.15
|
|
|
10.16
|
|
|
10.17
|
|
|
10.18
|
|
|
10.19
|
|
|
10.20
|
|
|
10.21
|
|
|
*10.22
|
|
|
10.23
|
|
Exhibit No.
|
|
Description
|
*10.24
|
|
|
10.25
|
|
|
*10.26
|
|
|
*10.27
|
|
|
10.28
|
|
|
10.29
|
|
|
10.30
|
|
|
10.31
|
|
|
10.32
|
|
|
10.33
|
|
|
10.34
|
|
|
10.35
|
|
|
10.36
|
|
|
10.37
|
|
Exhibit No.
|
|
Description
|
10.38
|
|
|
10.39
|
|
|
10.40
|
|
|
10.41
|
|
|
10.42
|
|
|
10.43
|
|
|
**21
|
|
|
**23
|
|
|
**31.1
|
|
|
**31.2
|
|
|
**32.1
|
|
|
**32.2
|
|
|
** 101.INS
|
|
XBRL Instance Document
|
** 101.SCH
|
|
XBRL Taxonomy Extension Schema
|
** 101.CAL
|
|
XBRL Taxonomy Extension Calculation Linkbase
|
** 101.DEF
|
|
XBRL Taxonomy Extension Definition Linkbase
|
** 101.LAB
|
|
XBRL Taxonomy Extension Label Linkbase
|
** 101.PRE
|
|
XBRL Taxonomy Extension Presentation Linkbase
|
|
*
|
Asterisks identify management contracts and compensatory plans or arrangements.
|
**
|
Furnished electronically herewith.
|
NEW MEDIA INVESTMENT GROUP INC.
|
|
||
|
|
|
|
By:
|
|
/s/ M
ICHAEL
E. R
EED
|
|
|
|
Michael E. Reed
Chief Executive Officer
|
|
Signature
|
|
Title
|
|
Date
|
|
|
|
||
/s/ W
ESLEY
R. E
DENS
|
|
Chairman of the Board
|
|
February 28, 2018
|
Wesley R. Edens
|
|
|
|
|
|
|
|
||
/s/ M
ICHAEL
E. R
EED
|
|
Chief Executive Officer and Director
|
|
February 28, 2018
|
Michael E. Reed
|
|
(Principal Executive Officer)
|
|
|
|
|
|
||
/s/ G
REGORY
W. F
REIBERG
|
|
Chief Financial Officer and Chief Accounting Officer
|
|
February 28, 2018
|
Gregory W. Freiberg
|
|
(Principal Financial and Accounting Officer)
|
|
|
|
|
|
||
/s/ K
EVIN
M. S
HEEHAN
|
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Director
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February 28, 2018
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Kevin M. Sheehan
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/s/ T
HEODORE
P. J
ANULIS
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Director
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February 28, 2018
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Theodore P. Janulis
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/s/ L
AURENCE
T
ARICA
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Director
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February 28, 2018
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Laurence Tarica
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Name of Entity
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State of Organization
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AdUs, Inc.
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Nevada
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Arizona News Service, LLC
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Delaware
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BridgeTower Media DLN, LLC
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Delaware
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BridgeTower Media Holding Company
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Delaware
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BridgeTower Media, LLC
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Delaware
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CA Alabama Holdings, Inc.
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Delaware
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CA Florida Holdings, LLC
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Delaware
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CA Louisiana Holdings, Inc.
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Delaware
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CA Massachusetts Holdings, Inc.
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Delaware
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CA North Carolina Holdings, Inc.
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Delaware
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CA South Carolina Holdings, Inc.
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Delaware
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Conversion Innovations, Inc.
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Delaware
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Copley Ohio Newspapers, Inc.
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Illinois
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Cummings Acquisition, LLC
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Delaware
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CyberInk, LLC
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Pennsylvania
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Daily Journal of Commerce, Inc.
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Delaware
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Daily Reporter Publishing Company
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Delaware
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DB Acquisition, Inc.
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Delaware
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DB Arkansas Holdings, Inc.
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Delaware
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DB Iowa Holdings, Inc.
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Delaware
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DB North Carolina Holdings, Inc.
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Delaware
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DB Oklahoma Holdings, Inc.
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Delaware
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DB Tennessee Holdings, Inc.
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Delaware
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DB Texas Holdings, Inc.
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Delaware
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DB Washington Holdings, Inc.
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Delaware
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Dolco Acquisition, Inc.
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Delaware
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ENHE Acquisition, LLC
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Delaware
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Enterprise NewsMedia, LLC
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Delaware
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Enterprise NewsMedia Holding, LLC
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Delaware
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Enterprise Publishing Company, LLC
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Delaware
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Finance and Commerce, Inc.
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Minnesota
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GateHouse Media Intermediate Holdco, LLC.
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Delaware
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GateHouse Media Holdco, LLC.
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Delaware
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GateHouse Media Operating, LLC.
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Delaware
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GateHouse Media, LLC.
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Delaware
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GateHouse Media Massachusetts I, Inc.
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Delaware
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GateHouse Media Massachusetts II, Inc.
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Delaware
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GateHouse Media Alaska Holdings, Inc.
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Delaware
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GateHouse Media Arkansas Holdings, Inc.
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Delaware
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GateHouse Media California Holdings, Inc.
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Delaware
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GateHouse Media Colorado Holdings, Inc.
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Delaware
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Name of Entity
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State of Organization
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GateHouse Media Connecticut Holdings, Inc.
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Delaware
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GateHouse Media Corning Holdings, Inc.
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Nevada
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GateHouse Media Delaware Holdings, Inc.
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Delaware
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GateHouse Media Directories Holdings, Inc.
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Delaware
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GateHouse Media Freeport Holdings, Inc.
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Delaware
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GateHouse Media Georgia Holdings, Inc.
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Delaware
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GateHouse Media Illinois Holdings, Inc.
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Delaware
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GateHouse Media Illinois Holdings II, Inc.
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Delaware
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GateHouse Media Iowa Holdings, Inc.
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Delaware
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GateHouse Media Kansas Holdings, Inc.
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Delaware
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GateHouse Media Kansas Holdings II, Inc.
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Delaware
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GateHouse Media Lansing Printing, Inc.
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Delaware
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GateHouse Media Louisiana Holdings, Inc.
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Delaware
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GateHouse Media Macomb Holdings, Inc.
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Delaware
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GateHouse Media Management Services, Inc.
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Delaware
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GateHouse Media Michigan Holdings, Inc.
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Delaware
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GateHouse Media Michigan Holdings II, Inc.
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Delaware
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GateHouse Media Minnesota Holdings, Inc.
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Delaware
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GateHouse Media Missouri Holdings, Inc.
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Delaware
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GateHouse Media Missouri Holdings II, Inc.
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Delaware
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GateHouse Media Nebraska Holdings, Inc.
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Delaware
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GateHouse Media New York Holdings, Inc.
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Delaware
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GateHouse Media North Dakota Holdings, Inc.
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Delaware
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GateHouse Media Ohio Holdings, Inc.
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Delaware
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GateHouse Media Ohio Holdings II, Inc.
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Delaware
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GateHouse Media Oklahoma Holdings, Inc.
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Delaware
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GateHouse Media Oregon Holdings, Inc.
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Delaware
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GateHouse Media Pennsylvania Holdings, Inc.
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Delaware
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GateHouse Media Suburban Newspapers, Inc.
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Delaware
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GateHouse Media Tennessee Holdings, Inc.
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Delaware
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GateHouse Media Texas Holdings, Inc.
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Delaware
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GateHouse Media Texas Holdings II, Inc.
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Delaware
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GateHouse Media Virginia Holdings, Inc.
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Delaware
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George W. Prescott Publishing Company, LLC
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Delaware
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Idaho Business Review, LLC
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Idaho
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Lawyer's Weekly, LLC
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Delaware
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Liberty SMC, L.L.C.
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Delaware
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LMG Maine Holdings, Inc.
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Delaware
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LMG Massachusetts, Inc.
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Massachusetts
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LMG National Publishing, Inc.
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Delaware
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LMG Rhode Island Holdings, Inc.
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Delaware
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LMG Stockton, Inc.
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Delaware
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Local Media Group Holdings LLC
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Delaware
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Local Media Group, Inc.
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Delaware
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Long Island Business News, LLC
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Delaware
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Low Realty, LLC
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Delaware
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Name of Entity
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State of Organization
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LRT Four Hundred, LLC
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Delaware
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Mineral Daily News Tribune, Inc.
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West Virginia
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Missouri Lawyers Media, LLC
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Delaware
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New Media Holdings I LLC
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Delaware
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New Media Holdings II LLC
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Delaware
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New Media Ventures Group LLC
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Delaware
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New Orleans Publishing Group, L.L.C.
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Louisiana
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News Leader, Inc.
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Louisiana
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NOPG, L.L.C.
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Louisiana
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Record Acquisition, LLC
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Delaware
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Seacoast Newspapers, Inc.
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New Hampshire
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SureWest Directories
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California
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Terry Newspapers, Inc.
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Iowa
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The Daily Record Company, LLC
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Delaware
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The Inquirer and Mirror, Inc.
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Massachusetts
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The Journal Record Publishing Co., LLC
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Delaware
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The Mail Tribune, Inc.
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Delaware
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The Nickel of Medford, Inc.
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Oregon
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The NWS Company, LLC
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Delaware
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The Peoria Journal Star, Inc.
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Illinois
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UpCurve, Inc.
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Delaware
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ViWo LLC
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Delaware
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Date: February 28, 2018
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/s/ M
ICHAEL
E. R
EED
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Michael E. Reed
Chief Executive Officer
(Principal Executive Officer)
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Date: February 28, 2018
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/s/ G
REGORY
W. F
REIBERG
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Gregory W. Freiberg
Chief Financial Officer
(Principal Financial Officer)
|
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/s/ M
ICHAEL
E. R
EED
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Michael E. Reed
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Chief Executive Officer
(Principal Executive Officer) February 28, 2018 |
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/s/ G
REGORY
W. F
REIBERG
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Gregory W. Freiberg
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Chief Financial Officer
(Principal Financial Officer) February 28, 2018 |