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INVESTMENTS IN ASSOCIATED COMPANIES
 6 Months Ended
Mar. 29, 2026
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENTS IN ASSOCIATED COMPANIES INVESTMENTS IN ASSOCIATED COMPANIES
TNI Partners
In Tucson, Arizona, TNI, acting as agent for our subsidiary, Star Publishing Company (“Star Publishing”), and Gannett Co., Inc.'s subsidiary Citizen Publishing Company (“Citizen”), is responsible for printing, delivery, advertising, and subscription activities of the Arizona Daily Star as well as the related digital platforms and specialty publications. TNI collects all receipts and income and pays substantially all operating expenses incidental to the partnership's operations and publication of the newspaper and other media.
Income or loss of TNI (before income taxes) is allocated equally to Star Publishing and Citizen.
Summarized results of TNI are as follows:
Three months endedSix months ended
(Thousands of Dollars)March 29,
2026		March 30,
2025		March 29,
2026		March 30,
2025
Operating revenue5,069 5,756 9,883 12,289 
Operating expenses3,763 4,080 7,368 9,286 
Operating income1,306 1,676 2,515 3,003 
Net income1,579 1,817 2,839 3,067 
Equity in earnings of TNI790 909 1,420 1,534 
TNI makes periodic distributions of its earnings and for the three months ended March 29, 2026 and March 30, 2025, we received $0.5 million and $1.2 million in distributions, respectively. In the six months ended March 29, 2026 and March 30, 2025, we received $1.1 million and $1.7 million in distributions, respectively.
Madison Newspapers, Inc.
We have a 50% ownership interest in MNI, which publishes daily and Sunday newspapers, and other publications in Madison, Wisconsin, and other Wisconsin locations, and operates their related digital platforms. Net income or loss of MNI (after income taxes) is allocated equally to us and The Capital Times Company (“TCT”). MNI conducts its business under the trade name Capital Newspapers.
Summarized results of MNI are as follows:
Three months endedSix months ended
(Thousands of Dollars)March 29,
2026		March 30,
2025		March 29,
2026		March 30,
2025
Operating revenue8,835 9,079 18,305 18,838 
Operating expenses, excluding restructuring costs, depreciation and amortization6,637 7,013 13,870 14,468 
Restructuring costs— 23 34 23 
Depreciation and amortization59 90 119 180 
Operating income2,139 1,953 4,282 4,167 
Net income437 493 1,337 1,487 
Equity in earnings of MNI219 247 669 744 
MNI makes periodic distributions of its earnings and in the three months ended March 29, 2026, and March 30, 2025, we received $0.4 million and $0.0 million in distributions, respectively. In the six months ended March 29, 2026 and March 30, 2025, we received $0.8 million and $0.9 million in distributions, respectively.