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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2014
Jun. 30, 2013
Jun. 29, 2014
Jun. 30, 2013
REVENUES - NET:        
Advertising $ 189,212 $ 203,489 $ 369,311 $ 396,657
Audience 90,817 86,489 179,770 170,539
Other 11,925 11,630 23,541 23,049
Revenues, total 291,954 301,608 572,622 590,245
OPERATING EXPENSES:        
Compensation 103,481 105,871 212,033 216,123
Newsprint, supplements and printing expenses 29,127 30,131 56,447 60,232
Depreciation and amortization 25,926 29,693 66,221 59,929
Other operating expenses 106,113 105,756 215,312 203,987
Operating expenses, total 264,647 271,451 550,013 540,271
OPERATING INCOME 27,307 30,157 22,609 49,974
NON-OPERATING (EXPENSE) INCOME:        
Interest expense (33,475) (33,873) (66,887) (69,389)
Interest income 46 22 50 31
Equity income in unconsolidated companies, net 7,410 11,968 16,968 21,129
Gains related to equity investments 145,893   145,893  
Loss on extinguishment of debt, net       (12,770)
Gain on sale of Miami property   10,013   10,013
Other - net 82 41 144 93
Non-operating (expense) income, total 119,956 (11,829) 96,168 (50,893)
Income (loss) from continuing operations before income taxes 147,263 18,328 118,777 (919)
Income tax provision 55,615 7,367 43,191 1,317
INCOME (LOSS) FROM CONTINUING OPERATIONS 91,648 10,961 75,586 (2,236)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAXES (1,699) 791 (1,479) 1,247
NET INCOME (LOSS) $ 89,949 $ 11,752 $ 74,107 $ (989)
Basic:        
Income (loss) from continuing operations (in dollars per share) $ 1.06 $ 0.13 $ 0.87 $ (0.02)
Income (loss) from discontinued operations (in dollars per share) $ (0.02) $ 0.01 $ (0.01) $ 0.01
Net income (loss) per share (in dollars per share) $ 1.04 $ 0.14 $ 0.86 $ (0.01)
Diluted:        
Income (loss) from continuing operations (in dollars per share) $ 1.03 $ 0.13 $ 0.85 $ (0.02)
Income (loss) from discontinued operations (in dollars per share) $ (0.01) $ 0.01 $ (0.01) $ 0.01
Net income (loss) per share (in dollars per share) $ 1.02 $ 0.14 $ 0.84 $ (0.01)
Weighted average number of common shares used to calculate basic and diluted earnings per share:        
Basic (in shares) 86,734 86,149 86,604 86,086
Diluted (in shares) 88,593 86,797 88,513 86,086