v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2025
Sep. 29, 2024
Current assets:    
Cash and cash equivalents $ 14,125 $ 9,598
Accounts receivable, net 57,107 60,648
Inventories 5,269 5,643
Prepaid and other current assets 20,368 21,884
Total current assets 96,869 97,773
Investments:    
Associated companies 28,223 27,941
Other 6,055 6,042
Total investments 34,278 33,983
Property and equipment:    
Land and improvements 5,787 6,420
Buildings and improvements 66,180 70,152
Equipment 191,444 196,312
Construction in process 9,086 5,625
Property and equipment, gross 272,497 278,509
Less accumulated depreciation 232,764 234,137
Property and equipment, net 39,733 44,372
Operating lease right-of-use assets 27,162 34,882
Goodwill 323,858 328,040
Other intangible assets, net 60,907 70,075
Other 9,298 12,083
Total assets 622,652 649,171
Current liabilities:    
Current portion of lease liabilities 7,389 8,139
Current maturities of long-term debt 406 0
Accounts payable 47,459 36,290
Compensation and other accrued liabilities 35,480 39,170
Unearned revenue 27,142 31,755
Total current liabilities 117,876 115,354
Long-term debt, net of current maturities 455,469 445,943
Operating lease liabilities 22,364 29,769
Pension obligations 536 561
Postretirement and postemployment benefit obligations 7,549 7,520
Deferred income taxes 28,020 28,403
Income taxes payable 4,286 3,456
Withdrawal liabilities and other 24,749 25,499
Total liabilities 660,849 656,505
Stockholders' equity (deficit):    
Serial convertible preferred stock, no par value; authorized 500 shares; none issued 0 0
Additional paid-in capital 263,383 262,470
Accumulated deficit (323,520) (292,341)
Accumulated other comprehensive income 19,575 19,920
Total Lee Enterprises, Inc. Stockholders' deficit (40,499) (9,889)
Non-controlling interests 2,302 2,555
Total deficit (38,197) (7,334)
Total liabilities and deficit 622,652 649,171
Common Class A    
Stockholders' equity (deficit):    
Common stock 63 62
Common Class B    
Stockholders' equity (deficit):    
Common stock 0 0
Pension Plan    
Property and equipment:    
Pension and medical plan assets 5,534 4,663
Medical Plan    
Property and equipment:    
Pension and medical plan assets $ 25,013 $ 23,300