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PENSION BENEFITS
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
PENSION BENEFITS PENSION BENEFITS
Pension
Single-Employer Plans
We maintain The New York Times Companies Pension Plan, a frozen single-employer defined benefit pension plan. The Company also jointly sponsors a defined benefit plan with The NewsGuild of New York known as the Guild-Times Adjustable Pension Plan (the “APP”) that continues to accrue active benefits.
We also have a foreign-based pension plan for certain employees (the “foreign plan”). The information for the foreign plan is combined with the information for U.S. non-qualified plans. The benefit obligation of the foreign plan is immaterial to our total benefit obligation.
The components of net periodic pension cost were as follows:
For the Quarters Ended
June 30, 2026June 30, 2025
(In thousands)Qualified
Plans		Non-
Qualified
Plans		All
Plans		Qualified
Plans		Non-
Qualified
Plans		All
Plans
Service cost$1,977 $— $1,977 $1,661 $— $1,661 
Interest cost 11,930 1,857 13,787 13,217 2,076 15,293 
Expected return on plan assets (15,302)— (15,302)(15,282)— (15,282)
Amortization of actuarial loss 4,482 978 5,460 4,026 866 4,892 
Amortization of prior service credit (486)— (486)(486)— (486)
Net periodic pension cost$2,601 $2,835 $5,436 $3,136 $2,942 $6,078 
For the Six Months Ended
June 30, 2026June 30, 2025
(In thousands)Qualified
Plans		Non-
Qualified
Plans		All
Plans		Qualified
Plans		Non-
Qualified
Plans		All
Plans
Service cost$3,954 $— $3,954 $3,322 $— $3,322 
Interest cost23,860 3,714 27,574 26,434 4,153 30,587 
Expected return on plan assets(30,660)— (30,660)(30,564)— (30,564)
Amortization of actuarial loss8,965 1,956 10,921 8,052 1,731 9,783 
Amortization of prior service credit(972)— (972)(972)— (972)
Net periodic pension cost$5,147 $5,670 $10,817 $6,272 $5,884 $12,156 
During the first six months of 2026 and 2025, we made pension contributions of $6.8 million and $6.4 million, respectively, to the APP. We expect contributions made to satisfy the greater of minimum funding or collective bargaining agreement requirements to total approximately $14 million in 2026.
Multiemployer Plans
During the second quarter of 2026, the Company recorded a $9.2 million charge in connection with the Company’s withdrawal from a multiemployer pension plan. During the first quarter of 2025, the Company recorded a $4.5 million charge related to a multiemployer pension plan liability adjustment. These adjustments are recorded in Multiemployer pension plan liability adjustments in our Condensed Consolidated Statements of Operations.