Here's a roundup of cartoons by McClatchy Newspapers editorial cartoonists this week.
This over the line?
McClatchy Newspapers Inc., owner of The News & Observer, The Charlotte Observer and 28 other daily newspapers, reported Friday that revenues declined 4.8 percent in the second quarter.
The company had net income of $26.9 million, or 31 cents per share, compared to net income of $4.9 million, or 6 cents per share, during the second quarter of 2011.
Revenues for the quarter were $299.3 million. Advertising revenues totaled $222.6 million, down 5.7 percent from the second quarter of 2011.
Digital advertising revenues, which now account for 22.5 percent of McClatchy's total advertising revenue, increased 4.9 percent.
"Despite economic headwinds, we were encouraged to see sequential improvement in advertising trends in the second quarter compared to the first quarter of 2012 when ad revenues were down 6.8 percent," CEO Pat Talamantes said in a statement.
McClatchy, like other newspaper publishers, has been struggling to recover from a severe decline in advertising revenue in recent years. Although the company's digital advertising revenue has been growing, it has not been growing at a fast enough rate to offset the decline in print advertising dollars.
McClatchy is also burdened with the debt from its 2006 acquisition of the Knight Ridder newspaper chain. McClatchy said it reduced its debt by $35 million in the quarter, to $1.564 billion.
The company's shares closed Thursday at $1.68. The stock is down 30 percent this year.
A roundup of editorial cartoons by McClatchy Newspapers artists.
And other recent cartoons from McClatchy editorial cartoonists ...
McClatchy editorial cartoonist Jim Morin has put together an animated cartoon taking aim at our low level of political discourse. See what you think of "Zoo politics."