| In millions, except per share items | Dec-30-12 | Jan-01-12 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Jul-03-05 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Revenues: |
| Advertising | 331.4 | 357.6 | 386.1 | 409.6 | 492.3 | 425.0 | 232.1 | 85.6 |
| Circulation | 133.4 | 133.6 | 135.7 | 142.0 | 145.7 | 117.0 | 50.9 | 11.6 |
| Commercial printing and other | 26.2 | 25.8 | 26.1 | 33.1 | 40.8 | 32.9 | 23.2 | |
| Other | | | | | | | | 3.7 |
| Total revenues [+] | 491.0 | 517.0 | 547.8 | 584.8 | 678.7 | 574.9 | 306.2 | 100.9 |
| Subscription | 133.4 | 133.6 | 135.7 | 142.0 | | | | |
| Advertising | 331.4 | 357.6 | 386.1 | 409.6 | | | | |
| Other | 26.2 | 25.8 | 26.1 | 33.1 | | | | |
| Revenue growth [+] | -5.0% | -5.6% | -6.3% | -13.8% | 18.1% | 87.8% | | 4.1% |
| Advertising | -7.3% | -7.4% | -5.8% | -16.8% | 15.8% | 83.1% | | 4.4% |
| Circulation | -0.2% | -1.6% | -4.5% | -2.5% | 24.5% | 130.1% | | -1.8% |
| Commercial printing and other | 1.6% | -1.1% | -21.4% | -18.8% | 24.0% | 42.0% | | |
| Cost of goods sold | 270.7 | 284.9 | 300.1 | 335.5 | 382.3 | 309.6 | 156.7 | 0.0 |
| Gross profit | 220.2 | 232.1 | 247.7 | 249.3 | 296.5 | 265.3 | 149.5 | 100.9 |
| Gross margin | 44.9% | 44.9% | 45.2% | 42.6% | 43.7% | 46.1% | 48.8% | 100.0% |
| Selling, general and administrative [+] | 146.0 | 147.5 | 156.3 | 165.0 | 186.2 | 154.4 | 88.6 | 36.7 |
| Sales and marketing | | | | | | | | 13.9 |
| General and administrative | | | | | | | | 22.8 |
| Other operating expenses | -0.8 | -1.8 | | 275.3 | 488.5 | 225.8 | | 44.9 |
| EBITDA [+] | 75.6 | 87.3 | 92.4 | -191.0 | -376.7 | -114.3 | 61.4 | 19.2 |
| EBITDA growth | -13.4% | -5.6% | -148.4% | -49.3% | 229.6% | -286.2% | | 2.9% |
| EBITDA margin | 15.4% | 16.9% | 16.9% | -32.7% | -55.5% | -19.9% | 20.0% | 19.0% |
| Depreciation | 17.0 | 19.5 | 22.1 | 55.8 | 71.6 | 57.8 | 24.1 | 4.4 |
| EBITA | 58.6 | 67.8 | 70.3 | -246.8 | -448.2 | -172.0 | 37.3 | 14.8 |
| EBITA margin | 11.9% | 13.1% | 12.8% | -42.2% | -66.0% | -29.9% | 12.2% | 14.7% |
| Amortization of intangibles | 23.6 | 23.9 | 24.0 | | | | | |
| EBIT [+] | 35.0 | 43.9 | 46.3 | -246.8 | -448.2 | -172.0 | 37.3 | 14.8 |
| EBIT growth | -20.3% | -5.2% | -118.8% | -44.9% | 160.6% | -561.1% | | 7.2% |
| EBIT margin | 7.1% | 8.5% | 8.5% | -42.2% | -66.0% | -29.9% | 12.2% | 14.7% |
| Non-recurring items [+] | 6.4 | 10.3 | 4.3 | 207.7 | 131.2 | 10.5 | 6.1 | |
| Asset impairment | | 1.7 | 0.4 | 206.1 | 123.7 | 1.6 | 0.9 | |
| Restructuring charges | 5.2 | 8.1 | 2.3 | 2.0 | 7.1 | 7.5 | 4.5 | |
| Loss (gain) on sale of assets | 1.2 | 0.5 | 1.6 | -0.4 | 0.3 | 1.5 | 0.7 | |
| Interest expense | 57.9 | 58.3 | 60.0 | 64.6 | 88.6 | 76.7 | 36.0 | 7.1 |
| Interest expense | 57.9 | 58.3 | 60.0 | 64.6 | 88.6 | 76.7 | 36.0 | 7.1 |
| Other income (expense), net [+] | 0.4 | 0.4 | -9.5 | -11.1 | -11.9 | -6.7 | -1.5 | -1.4 |
| Gain (loss) on debt retirement | | | | 7.5 | | -2.2 | 2.1 | |
| Unrealized gain/loss on derivatives | | | | | 10.1 | | | |
| Other | 0.0 | -0.8 | -0.1 | -1.4 | 0.1 | 0.0 | 0.0 | |
| Pre-tax income | -29.0 | -24.3 | -27.5 | -530.3 | -679.9 | -266.0 | -6.3 | 6.3 |
| Income taxes | -0.2 | -1.8 | -0.2 | 0.3 | -21.1 | -31.9 | -3.8 | 3.0 |
| Tax rate | 0.7% | 7.4% | 0.6% | | 3.1% | 12.0% | 60.3% | 47.5% |
| Minority interest | 0.5 | 0.6 | 0.6 | 0.5 | | | | |
| Earnings from continuing ops | -29.3 | -45.6 | -55.4 | -527.9 | -658.8 | -234.2 | -2.5 | 3.3 |
| Earnings from discontinued ops | -1.6 | 0.3 | 0.7 | -3.2 | -14.5 | 2.7 | 0.9 | |
| Net income | -30.9 | -45.3 | -54.6 | -531.1 | -673.3 | -231.4 | -1.6 | 3.3 |
| Net margin | -6.3% | -8.8% | -10.0% | -90.8% | -99.2% | -40.3% | -0.5% | 3.3% |
| |
| Basic EPS [+] | ($0.50) | ($0.79) | ($0.96) | ($9.18) | | | ($0.09) | |
| Growth | -35.9% | -18.0% | -89.6% | | | | | |
| Diluted EPS [+] | ($0.50) | ($0.79) | ($0.96) | ($9.18) | | | ($0.09) | |
| Growth | -35.9% | -18.0% | -89.6% | | | | | |
| |
| Dividends per share [+] | | | | | $200.00 | $1,570.00 | $640.00 | |
| Growth | | | | -100.0% | -87.3% | 145.3% | | |
| |
| Shares outstanding (basic) [+] | 58.0 | 57.9 | 57.7 | 57.5 | | | 26.2 | |
| Growth | 0.2% | 0.4% | 0.4% | | | | | |
| Shares outstanding (diluted) [+] | 58.0 | 57.9 | 57.7 | 57.5 | | | 26.2 | |
| Growth | 0.2% | 0.4% | 0.4% | | | | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |