NY Times reports on it's own financial situation

A good news/bad news story for the NYT.

Excluding one-time items like the write-down and severance costs, the company’s operating profit in the quarter was $82.9 million, compared with $92.6 million in the period a year earlier. On a per-share basis, the net loss translated into 81 cents, in contrast to a profit of 21 cents a share, or $32 million, in the period a year earlier.