Lee Enterprises, Incorporated (LEE) financial statements (2020 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)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments49511171117
Cash and cash equivalents49511171117
Receivables5143   0 
Inventory, net of allowances, customer advances and progress billings346444(3)
Inventory346444(3)
Disposal group, including discontinued operation  0    
Assets held-for-sale7
Income taxes receivable1
Other current assets5554589
Other undisclosed current assets  4349517566
Total current assets:63605968779896
Noncurrent Assets
Operating lease, right-of-use asset10 
Property, plant and equipment818292114129144157
Long-term investments and receivables40394039394448
Long-term investments40394039394448
Intangible assets, net (including goodwill)355358366383402430456
Goodwill250250246246244244244
Intangible assets, net (excluding goodwill)104107120136158186213
Regulated entity, other noncurrent assets     3236
Other noncurrent assets1112283439
Defined benefit plan, assets for plan benefits141314
Deferred tax assets, net   (38)(15)
Other undisclosed noncurrent assets15141615 6(22)
Total noncurrent assets:503495516553612665715
TOTAL ASSETS:566555575621689763811
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40363441466752
Accounts payable14171317182027
Accrued liabilities15182022242724
Employee-related liabilities     16 
Taxes payable   01  
Interest and dividends payable1022234 
Deferred revenue2322
Debt43730252531
Deferred revenue and credits2427282931
Other undisclosed current liabilities     (16)5
Total current liabilities:6761659899105119
Noncurrent Liabilities
Long-term debt and lease obligation429429461496592701773
Long-term debt, excluding current maturities421429461496592701773
Operating lease, liability8 
Liabilities, other than long-term debt79728611712611697
Pension and other postretirement defined benefit plans, liabilities50
Accounts payable and accrued liabilities1797555 
Accrued income taxes5
Deferred tax liabilities, net3953383815
Postemployment benefits liability10
Liability, pension and other postretirement and postemployment benefits495029496664 
Other liabilities13131110161016
Other undisclosed noncurrent liabilities2230     
Total noncurrent liabilities:530531546614718817870
Total liabilities:597592612712817922989
Stockholders' equity
Stockholders' equity attributable to parent, including:(33)(38)(37)(92)(128)(159)(178)
Additional paid in capital256255254252250247245
Accumulated other comprehensive loss(29)(29)(12)(16)(23)(16)(10)
Accumulated deficit(260)(265)(280)(329)(356)(391)(414)
Other undisclosed stockholders' equity attributable to parent1111111
Stockholders' equity attributable to noncontrolling interest2211111
Other undisclosed stockholders' equity      (1)
Total stockholders' equity:(31)(37)(36)(91)(128)(159)(178)
Other undisclosed liabilities and equity      1
TOTAL LIABILITIES AND EQUITY:566555575621689763811

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

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenue, net544567614649657
Gross profit:496510544567614649657
Operating expenses(437)(442)(465)(482)(519)(547)(552)
Other undisclosed operating income7798988
Operating income:65758993104109113
Nonoperating expense(49)(51)(58)(52)(46)(71)(99)
Other nonoperating income (expense)54010(7)63
Interest and debt expense(60)(47)(53)(58)(1)(72)(59)
Income (loss) from continuing operations before equity method investments, income taxes:(43)(24)(22)(17)57(34)(45)
Income (loss) from equity method investments(2)    88
Other undisclosed income from continuing operations before income taxes5047     
Income (loss) from continuing operations before income taxes:424(22)(17)57(26)(37)
Income tax expense (benefit)(5)(8)16(12)(22)(14)(6)
Other undisclosed income from continuing operations     6451
Income (loss) before gain (loss) on sale of properties:(1)16(6)(29)35248
Other undisclosed net income12 53581  
Net income:1116472936248
Net loss attributable to noncontrolling interest(2)(2)(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:914462735237

Comprehensive Income ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income:1116472936248
Other comprehensive income (loss)(17)(17)47(7)(6)(17)
Comprehensive income (loss):(6)(1)51353018(10)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)(2)(1)(1)(1)(1)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2)
Comprehensive income (loss), net of tax, attributable to parent:(8)(3)50342817(11)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: