Income statements and balance sheets follow for The New YorkTimes Company. Refer to these financial statements to answer the requirements.
operating assets (RNOA) for 2013 and 2012. Net operating assets are $412,630
thousand in 2011.

The New York Times Company
Consolidated Statements of Income
	Fiscal year ended
(in thousands)	Dec. 29, 2013	Dec. 30, 2012
Operating revenues
Circulation	$824,277	$795,037
Advertising	666,687	711,829
Other	86,266	88,475
Total revenues	1,577,230	1,595,341
Production Costs
Raw materials	92,886	106,381
Wages and benefits	332,085	331,321
Other	201,942	213,616
Total production costs	626,913	651,318
Selling, general and administrative expenses	706,354	711,112
Depreciation and amortization	78,477	78,980
Total operating costs	1,411,744	1,441,410
Pension settlement expense	3,228	47,657
Multiemployer pension plan withdrawal expense	6,171	0
Other expense	0	2,620
Operating profit	156,087	103,654
Gain on sale of investments	0	220,275
Impairment of investments	0	5,500
(Loss)/income from joint ventures	-3,215	2,936
Premium on debt redemption	0	0
Interest expense, net	58,073	62,808
Income from continuing operations before income taxes	94,799	258,557
Income tax expense	37,892	94,617
Income from continuing operations	56,907	163,940
Discontinued operations:
(Loss) from discontinued operations, net of tax	-20,413	-113,447
Gain on sale, net of tax	28,362	85,520
Income/(loss) from discontinued operations, net of tax	7,949	-27,927
Net income/(loss)	64,856	136,013
Net (income)/loss attributable to the noncontrolling interest	249	-166
Net income/(loss) attributable to New York Times Company common stockholders	65,105	135,847
The New York Times Company
Consolidated Balance Sheets
	As of
(in thousands)	Dec. 29, 2013	Dec. 30, 2012
Cash and cash equivalents	$482,745		$820,490
Short-term investments	364,880		134,820
Accounts receivable, net	202,303		197,589
Deferred income taxes	65,859		58,214
Prepaid assets	20,250		23,085
Other current assets	36,230		26,320
Assets held for sale	0		137,050
Total current assets	1,172,267		1,397,568
Long-term marketable securities	176,155		4,444
Investments in joint ventures	40,213		40,872
Property plant and equipment, net	713,356		773,469
Goodwill, net	125,871		122,691
Deferred income taxes	179,989		302,212
Miscellaneous assets	164,701		166,214
Total assets	$2,572,552		$2,807,470
Accounts payable	$90,982		$88,990
Accrued payroll and other related liabilities	91,629		86,772
Unexpired subscriptions	58,007		57,336
Accrued expenses	107,755		118,753
Accrued incomes taxes	138		38,932
Liabilities held for sale	0		32,373
Total current liabilities	348,511		423,156
Long-term debt and capital lease obligations	684,142		696,752
Pension benefits obligation	444,328		737,889
Postretirement benefits obligation	90,602		110,347
Other	158,435		173,690
Total other liabilities	1,377,507		1,718,678
Stockholders’ equity
Common stock of $0.10 par value:
Class A common stock	15,129		15,027
Class B convertible	82		82
Additional paid-in capital	33,045		25,610
Retained earnings	1,283,518		1,230,450
Common stock held in treasury, at cost	-86,253		-96,278
Accumulated other comprehensive income loss), net of tax	-402,611		-512,566
Total New York Times Company stockholders’ equity	842,910		662,325
Noncontrolling interest	3,624		3,311
Total stockholders’ equity	846,534		665,636
Total liabilities and stockholders’ equity	$2,572,552		$2,807,470