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| Financial Highlights |
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2007 |
2006 |
2005* |
2004* |
2003* |
| Advertising |
|
$287,198
|
$324,607
|
$357,820
|
$362,355
|
$352,029
|
| Circulation |
|
$77,629
|
$83,556
|
$88,150
|
$90,024
|
$86,532
|
| Job Printing |
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$4,785
|
$8,260
|
$9,194
|
$
8,648
|
$7,903
|
| Other |
|
$2,646
|
$2,277
|
$2,725
|
$
3,412
|
$4,325
|
| Total Operating Revenues |
|
$372,258
|
$418,700
|
$457,889
|
$
464,439
|
$450,789
|
 |
| Operating Income(loss) |
|
$(140,221) |
$(38,950) |
$(9,915) |
$
(30,839)
|
$(44,300)
|
| Earnings (loss) from continuing
operations |
|
$270,031 |
$(77,630) |
$(45,531)
|
$(156,488)
|
$(114,510)
|
Earnings from discontinued operations
(net of income taxes)
|
|
$1,599
|
$20,957
|
$33,965
|
$390,228
|
$36,153
|
| Net Earnings (loss) |
|
271,630
|
(56,673)
|
(11,566)
|
233,740
|
$(78,357)
|
Basic and Diluted
Earnings per share:
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|
|
|
|
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| (Loss) from continuing
operations** |
|
$3.36(1) |
$(0.91) |
$(0.50)
|
$(1.73)
|
$(1.31)
|
Earnings from discontinued operations
|
|
0.02
|
0.25
|
0.37
|
4.31
|
0.41
|
Net earnings (loss)
|
|
$3.38(1)
|
$(0.66)
|
$(0.13)
|
$2.58
|
$(0.90)
|
| Cash Dividend per share paid on Class A & Class B Common Stock |
 |
N/A
|
$0.2
|
$5.7
|
$0.20 |
$0.20 |
| * The Company restated its consolidated financial
statements for the years ended December 31, 2003, 2002, 2001 and 2000 to
reflect: findings of the Special Committee of the Board of Directors released
on August 30, 2004; the correction of accounting errors; reclassifications
arising from the required adoption of a new FASB standard; and other items,
principally the effects of foreign currency translation adjustments. These
periods have also been revised to reflect discontinued operations treatment
of businesses sold in 2004.
** The Company’s diluted earnings per share is calculated on the
following diluted number of shares outstanding (in thousands): 2004 – 90,486;
2003 – 87,311; and 2002 – 96,066
(1)Financial data are for basic earnings per share. For 2007, Sun-Times Media Group had diluted earnings from continuing operations of $3.35 per share; diluted earnings from discontinued operations of $0.02 per share; and diluted net earnings per share of $3.37.
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