Washington Post 2009 Annual Report Download - page 37

International Brotherhood of Teamsters (February 6, 2012); 32 paper handlers and general workers represented by the
Graphic Communications Conference of the International Brotherhood of Teamsters (November 16, 2011); and 17
electricians represented by the International Brotherhood of Electrical Workers (March 12, 2012). The agreement
covering 383 mailroom workers represented by the Communications Workers of America expired on May 18, 2003;
the parties reached a Comprehensive Tentative Agreement that was subject to ratification on December 16, 2009. On
January 10, 2010, the unit failed to ratify the Comprehensive Tentative Agreement. The agreement covering 23
engineers, carpenters and painters represented by the International Union of Operating Engineers expired on April 12,
2008; negotiations have yet to produce a successor agreement. In April and May 2009, WP Company announced that
Voluntary Retirement Incentive Programs would be offered to some employees of The Washington Post newspaper. The
programs resulted in 221 employees retiring from positions across the newspaper.
Of the approximately 228 full-time and 85 part-time employees at The Daily Herald Company, about 54 full-time and
24 part-time employees are represented by one or another of three unions. The newspaper’s collective bargaining
agreement with the Graphic Communications Conference of the International Brotherhood of Teamsters, which represents
press operators, expires on March 15, 2011; its agreement with The Newspaper Guild—Communications Workers of
America, which represents printers and mailers, expires on October 31, 2010; and its agreement with the International
Brotherhood of Teamsters, which represents bundle haulers, expires on September 22, 2010.
The Company’s broadcasting operations have approximately 875 full-time employees, of whom about 180 are union-
represented. Of the eight collective bargaining agreements covering union-represented employees, four have expired and
are being renegotiated. Two collective bargaining agreements will expire in 2010.
Newsweek, Inc. has approximately 427 full-time employees as of December 31, 2009, including 74 editorial
employees represented by the Communications Workers of America under a collective bargaining agreement that
expires on January 1, 2013.
Post–Newsweek Media, Inc. has approximately 405 full-time and 183 part-time employees. Robinson Terminal
Warehouse Corporation (the Company’s newsprint warehousing and distribution subsidiary), Greater Washington
Publishing, Inc., Express Publications Company, LLC and El Tiempo Latino LLC each employs fewer than 100 persons.
None of these units’ employees is represented by a union.
Forward-Looking Statements
All public statements made by the Company and its representatives that are not statements of historical fact, including
certain statements in this Annual Report on Form 10-K and elsewhere in the Company’s 2009 Annual Report to
Stockholders, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include comments about the Company’s business strategies and objectives, the prospects for
growth in the Company’s various business operations and the Company’s future financial performance. As with any
projection or forecast, forward-looking statements are subject to various risks and uncertainties, including the risks and
uncertainties described in Item 1A of this Annual Report on Form 10-K, that could cause actual results or events to differ
materially from those anticipated in such statements. Accordingly, undue reliance should not be placed on any forward-
looking statement made by or on behalf of the Company. The Company assumes no obligation to update any forward-
looking statement after the date on which such statement is made, even if new information subsequently becomes
available.
Available Information
The Company’s Internet address is washpostco.com. The Company makes available free of charge through its website its
Annual Report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those
reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after
such documents are electronically filed with the Securities and Exchange Commission. In addition, the Company’s
Certificate of Incorporation, its Corporate Governance Guidelines, the Charters of the Audit and Compensation
Committees of the Company’s Board of Directors and the codes of conduct adopted by the Company and referred to in
Item 10 of this Annual Report on Form 10-K are each available on the Company’s website; printed copies of such
documents may be obtained by any stockholder upon written request to the Secretary of the Company at 1150
15th Street, NW, Washington, DC 20071.
Item 1A. Risk Factors.
The Company faces a number of significant risks and uncertainties in connection with its operations. The most significant
of these are described below. These risks and uncertainties may not be the only ones facing the Company. Additional
2009 FORM 10-K 23