v3.25.1
Revenue
6 Months Ended
Mar. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue REVENUE
The following table presents our revenue disaggregated by source:
Three months EndedSix months Ended
(Thousands of Dollars)March 30,
2025
March 24,
2024
March 30,
2025
March 24,
2024
Operating revenue:
Print advertising revenue16,532 18,742 36,393 43,177 
Digital advertising revenue43,941 45,392 90,670 91,844 
Advertising and marketing services revenue60,473 64,134 127,063 135,021 
Print subscription revenue41,079 48,966 84,511 100,838 
Digital subscription revenue23,789 20,261 45,354 39,728 
Subscription revenue64,868 69,227 129,865 140,566 
Print other revenue7,213 8,069 15,101 16,561 
Digital other revenue4,826 5,120 9,913 10,080 
Other revenue12,039 13,189 25,014 26,641 
Total operating revenue137,380 146,550 281,942 302,228 
Recognition principles: Revenue is recognized when a performance obligation is satisfied by the transfer of control of the contracted goods or services to our customers, in an amount that reflects the consideration we expect to receive in exchange for those goods or services.
Contract Liabilities: The Company’s primary source of contract liabilities is unearned revenue from subscriptions paid in advance of the service provided. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next twelve months in accordance with the terms of the subscriptions and other contracts with customers. Revenue recognized in the six months ended March 30, 2025, that was included in the contract liability as of September 29, 2024, was $24.8 million.
Accounts receivable, excluding allowance for credit losses was $68.2 million and $67.2 million as of March 30, 2025, and September 29, 2024, respectively. Allowance for credit losses was $5.9 million and $6.5 million as of March 30, 2025, and September 29, 2024, respectively.
Valuation and qualifying account information related to the allowance for credit losses related to continuing operations is as follows:
(Thousands of Dollars)March 30,
2025
September 29,
2024
Balance, beginning of period6,514 5,260 
Additions charged to expense6,590 13,633 
Deductions from reserves(7,241)(12,379)
Balance, end of period5,863 6,514 
Sales commissions are expensed as incurred as the associated contractual periods are one year or less. These costs are recorded within "Compensation" on the Consolidated Statements of Loss and Comprehensive Loss. Most of our contracts have original expected lengths of one year or less and revenue is earned at a rate and amount that corresponds directly with the value to the customer.