McClatchy Newspapers, owner of The News & Observer, The Charlotte Observer and 28 other daily newspapers, reported Thursday that it swung to a net loss in the fourth quarter due to a debt refinancing charge.

The company had a net loss of $30 million, or 35 cents per share, including a $60 million after-tax loss on debt refinancing. That compared with net income of $42 million, or 49 cents per share, during the fourth quarter of 2011.

McClatchy refinanced much of its debt last year at a lower interest rate and extended the maturity on the debt by five years.

Revenues for the fourth quarter were $355.7 million. The company's 2012 fourth quarter included an extra week -- 14 compared to the 13 weeks in 2011 -- and on a 13-week basis revenues were an estimated $333 million, down 5.3 percent compared to the fourth quarter in 2011.

A couple of McClatchy editorial cartoonists wasted no time in taking the president to task after his office released a picture of him shooting skeet. The Super Bowl cartoon is here for good measure.

A few readers take The N&O to task for playing the firings and hirings and goings-on of our college sports teams on the front page. As such, it seemed wrong not to pass along Joel Pett's recent cartoon.

To see more cartoons, click Read More.

The week in cartoons. Editorial cartoons, that is. Shouldn't matter who you are. That Thanksgiving cartoon is just funny.