Reconciliation of GAAP Measures to Non-GAAP Amounts Reconciliation of Operating Income to Operating Cash Flows (in thou

1. Reconciliation of GAAP Measures to Non-GAAP Amounts Reconciliation of Operating Income to Operating Cash Flows(in thousands) Three Months Ended March 27, 2011 March 28, 2010 REVENUES – NET: $ 225,113 $ 252,921 Advertising 66,167 69,686 Circulation 12,454 12,958 Other 335,565 303,734 OPERATING EXPENSES: 134,111 119,808 Compensation excluding restructuring charges 32,312 35,376 Newsprint and supplements 87,208 82,013 Other cash operating expenses 253,631 237,197 Cash operating expenses excluding restructuring charges 3,525 Restructuring related compensation 4,549 - Impairment charges related to asset sales 10,302 31,818 31,231 Depreciation and amortization Total operating expenses 283,279 288,974 OPERATING INCOME 46,591 20,455 Add back: 31,818 Depreciation and amortization 31,231 3,525 4,549 Restructuring related compensation charges - 10,302 Impairment charges related to asset sales OPERATING CASH FLOW $ 81,934 $ 66,537 24.4% OPERATING CASH FLOW MARGIN 21.9% The company believes operating cash flow is commonly used as a measure of performance for newspaper companies, however, it does not purport to represent cash provided by operating activities as shown in the company’s statement of cash flows, nor is it meant as a substitute for measures of performance prepared in accordance with generally accepted accounting principles.