Lee Enterprises, Incorporated (LEE) financial statements (2021 and earlier)

Company profile

Business Address 4600 E. 53RD STREET
DAVENPORT, IA 52807
State of Incorp. DE
Fiscal Year End September 30
SIC 2711 - Newspapers: Publishing, or Publishing and Printing (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q2
12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments373457314914
Cash and cash equivalents373457314914
Receivables685356735143 
Inventory, net of allowances, customer advances and progress billings7889343
Inventory7889343
Contract with customer, asset      6
Other current assets14152017557
Other undisclosed current assets      42
Total current assets:126109141130636071
Noncurrent Assets
Operating lease, right-of-use asset7271717310  
Property, plant and equipment96106112115818286
Long-term investments and receivables35343640403940
Long-term investments35343640403940
Intangible assets, net (including goodwill)506511520527355358361
Goodwill329328314314250250250
Intangible assets, net (excluding goodwill)177183206213104107111
Other noncurrent assets131487111
Other undisclosed noncurrent assets21201515151416
Total noncurrent assets:741755762776503495503
TOTAL ASSETS:867864902906566555574
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities76616565403642
Accounts payable18171919141714
Accrued liabilities55444543151817
Taxes payable3      
Interest and dividends payable   210211
Deferred revenue60605959232223
Debt171437 434
Other undisclosed current liabilities8998   
Total current liabilities:162144170132676169
Noncurrent Liabilities
Long-term debt and lease obligation570587602640429429442
Long-term debt, excluding current maturities506525539576421429442
Operating lease, liability636263648  
Liabilities, other than long-term debt149163167170797246
Accounts payable and accrued liabilities191817171797
Deferred income tax liabilities15151010   
Liability, pension and other postretirement and postemployment benefits89115127128495027
Other liabilities26141215131311
Other undisclosed noncurrent liabilities    223039
Total noncurrent liabilities:718750769810530531527
Total liabilities:880894939942597592596
Stockholders' equity
Stockholders' equity attributable to parent, including:(14)(32)(38)(38)(33)(38)(23)
Additional paid in capital257256256256256255255
Accumulated other comprehensive loss(19)(20)(28)(28)(29)(29)(12)
Accumulated deficit(253)(269)(267)(265)(260)(265)(266)
Warrants and rights outstanding0      
Other undisclosed stockholders' equity attributable to parent0111111
Stockholders' equity attributable to noncontrolling interest2222222
Total stockholders' equity:(12)(30)(36)(36)(31)(37)(22)
TOTAL LIABILITIES AND EQUITY:867864902906566555574

Income statement (P&L) ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q2
12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
Gross profit:212192183121122124127
Operating expenses(193)(185)(172)(109)(106)(111)(109)
Other undisclosed operating income (loss)2(0)11221
Operating income:2161214181420
Nonoperating income (expense)2(4)(12)(21)(11)(11)(12)
Net periodic defined benefits expense (reversal of expense), excluding service cost component24      
Other nonoperating income2911214
Interest and debt expense(12)(12)(13)(11)0(47)(0)
Income (loss) from continuing operations before equity method investments, income taxes:11(9)(13)(18)8(44)7
Income (loss) from equity method investments2(4)112(5)1
Other undisclosed income (loss) from continuing operations before income taxes10161210(2)53(1)
Income (loss) from continuing operations before income taxes:233(0)(7)838
Income tax expense (benefit)(6)(4)(0)2(2)(2)(2)
Net income (loss):16(1)(1)(5)616
Net loss attributable to noncontrolling interest(1)(1)(1)(0)(0)(1)(0)
Net income (loss) available to common stockholders, diluted:16(2)(1)(5)516

Comprehensive Income ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q2
12/31/2019
Q1
9/30/2019
Q4
6/30/2019
Q3
Net income (loss):16(1)(1)(5)616
Other comprehensive income (loss)18000(17)(0)
Comprehensive income (loss):187(0)(5)6(16)6
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(1)(1)(0)(0)(1)(0)
Comprehensive income (loss), net of tax, attributable to parent:176(1)(5)6(16)6

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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