v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2025
Sep. 29, 2024
Current assets:    
Cash and cash equivalents $ 4,664 $ 9,598
Accounts receivable, net 62,340 60,648
Inventories 5,618 5,643
Prepaid and other current assets 20,220 21,884
Total current assets 92,842 97,773
Investments:    
Associated companies 27,694 27,941
Other 5,963 6,042
Total investments 33,657 33,983
Property and equipment:    
Land and improvements 6,157 6,420
Buildings and improvements 68,627 70,152
Equipment 191,850 196,312
Construction in process 8,535 5,625
Property and equipment, gross 275,169 278,509
Less accumulated depreciation 233,498 234,137
Property and equipment, net 41,671 44,372
Operating lease right-of-use assets 29,604 34,882
Goodwill 323,858 328,040
Other intangible assets, net 63,131 70,075
Other 9,457 12,083
Total assets 623,931 649,171
Current liabilities:    
Current portion of lease liabilities 7,668 8,139
Accounts payable 44,313 36,290
Compensation and other accrued liabilities 35,669 39,170
Unearned revenue 28,675 31,755
Total current liabilities 116,325 115,354
Long-term debt, net of current maturities 453,451 445,943
Operating lease liabilities 24,683 29,769
Pension obligations 544 561
Postretirement and postemployment benefit obligations 7,552 7,520
Deferred income taxes 28,040 28,403
Income taxes payable 4,281 3,456
Withdrawal liabilities and other 25,153 25,499
Total liabilities 660,029 656,505
Stockholders' equity (deficit):    
Serial convertible preferred stock, no par value; authorized 500 shares; none issued 0 0
Additional paid-in capital 262,927 262,470
Accumulated deficit (321,600) (292,341)
Accumulated other comprehensive income 19,690 19,920
Total Lee Enterprises, Inc. Stockholders' deficit (38,921) (9,889)
Non-controlling interests 2,823 2,555
Total deficit (36,098) (7,334)
Total liabilities and deficit 623,931 649,171
Common Class A    
Stockholders' equity (deficit):    
Common stock 62 62
Common Class B    
Stockholders' equity (deficit):    
Common stock 0 0
Pension Plan    
Property and equipment:    
Pension and medical plan assets 5,246 4,663
Medical Plan    
Property and equipment:    
Pension and medical plan assets $ 24,465 $ 23,300