INVESTMENTS IN UNCONSOLIDATED COMPANIES (Tables)

6 Months Ended

Jun. 29, 2014

INVESTMENTS IN UNCONSOLIDATED COMPANIES

Summary of carrying value of investments in unconsolidated companies

(in thousands)	% Ownership	June 29,		December 29,
Company	Interest	2014		2013
CareerBuilder, LLC	15.0	$	223,065	$	214,579
Classified Ventures, LLC	25.6	80,458		73,692
Seattle Times Company (C-Corporation)	49.5	—		—
Ponderay (general partnership)	27.0	9,470		8,443
Other	Various	2,488		3,855
		$	315,481	$	300,569

Summary of condensed financial information as provided by certain investees

	Six Months Ended
	June 29,		June 30,
(in thousands)	2014		2013
Net revenues	$	666,164	$	648,958
Gross profit	563,861		543,490
Operating income	89,524		103,543
Net income	650,720		103,955