INVESTMENTS IN UNCONSOLIDATED COMPANIES (Tables)

9 Months Ended

Sep. 28, 2014

INVESTMENTS IN UNCONSOLIDATED COMPANIES

Summary of carrying value of investments in unconsolidated companies

(in thousands)	% Ownership	September 28,		December 29,
Company	Interest	2014		2013
CareerBuilder, LLC	15.0	$	229,546	$	214,579
Classified Ventures, LLC	25.6	82,314		73,692
Seattle Times Company (C-Corporation)	49.5	—		—
Ponderay (general partnership)	27.0	8,059		8,443
Other	Various	2,210		3,855
		$	322,129	$	300,569

Summary of condensed financial information as provided by certain investees

	Nine Months Ended
	September 28,		September 29,
(in thousands)	2014		2013
Net revenues	$	965,957	$	914,559
Gross profit	793,176		733,492
Operating income	142,431		155,769
Net income	140,685		153,948