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INVESTMENTS IN UNCONSOLIDATED COMPANIES (Tables)
12 Months Ended
Dec. 29, 2013
INVESTMENTS IN UNCONSOLIDATED COMPANIES  
Summary of company's ownership interest and investment in unconsolidated companies and joint ventures

 

(in thousands)
Company
  % Ownership
Interest
  December 29,
2013
  December 30,
2012
 

CareerBuilder, LLC

    15.0   $ 214,579   $ 210,365  

Classified Ventures, LLC

    25.6     73,692     69,907  

HomeFinder, LLC

    33.3     1,064     2,573  

Wanderful Media

    12.2     1,384     2,551  

Seattle Times Company (C-Corporation)

    49.5          

Ponderay (general partnership)

    27.0     8,443     11,375  

Other

    Various     1,407     2,832  
                 

 

        $ 300,569   $ 299,603  
                 
                 
Schedule of dividend received and other equity distributions

 

 
  Years Ended  
(in thousands)
  December 29,
2013
  December 30,
2012
 

CareerBuilder, LLC

  $ 13,500   $ 15,000  

Classified Ventures, LLC

    22,996     18,908  

Other

    5,940     4,692  
           

 

  $ 42,436   $ 38,600  
           
           
Summary of expenses incurred for products provided by unconsolidated companies and recorded in operating expenses

 

 
  Years Ended  
(in thousands)
  December 29,
2013
  December 30,
2012
  December 25,
2011
 

CareerBuilder, LLC

  $ 1,166   $ 1,197   $ 1,230  

Classified Ventures, LLC

    16,915     14,390     12,552  

Ponderay (general partnership)

    17,575     23,813     20,414  
Summary of financial information for company's investments in unconsolidated companies on a combined basis

 

(in thousands)
  December 29,
2013
  December 30,
2012
 

Current assets

  $ 479,684   $ 412,959  

Noncurrent assets

    608,267     584,773  

Current liabilities

    320,440     304,317  

Noncurrent liabilities

    277,518     246,543  

Equity

    489,993     446,872  


 

Summary of income statement information from the entities accounted for under the equity method

 

 
  Years Ended  
(in thousands)
  December 29,
2013
  December 30,
2012
  December 25,
2011
 

Net revenues

  $ 1,512,534   $ 1,427,657   $ 1,332,394  

Gross profit

    1,262,104     1,179,819     1,086,667  

Operating income

    231,952     169,236     154,257  

Net income

    247,441     141,387     171,305