Cash Flow Information

12 Months Ended

Dec. 25, 2011

Cash Flow Information [Abstract]

Cash Flow Information

NOTE 7. CASH FLOW INFORMATION  

Cash paid during the fiscal 2011, 2010 and 2009 for interest and income taxes were (in thousands):

	2011		2010		2009
Interest paid (net of amount capitalized)	$	152,543	$	123,402	$	111,065
Interest paid on tax settlements		122		82		5,466
Income taxes paid (net of refunds)		32,613		37,246		77,481

In January 2011 the Company contributed real property valued at $49.7 million to its defined benefit pension plan and has recorded a financing obligation equal to the same amount for leases entered into with the defined benefit pension plan for its operations. In addition, in 2011 the Company sold property in Miami but retained use of the property rent free through May 2013. As a result the transaction was treated as a financing transaction (see Note 2 for a description of this transaction and the related accounting treatment) and land was transferred to property, plant and equipment (PP&E). These non-cash transactions are summarized below (in thousands):

Financing obligation for contribution of real property to pension plan	$	49,710
Reduction of pension obligation	$	(49,710	)
Non-refundable deposits offset against carrying value of land	$	(16,500	)
Increase in PP&E for land transferred from other assets	$	116,000

There were no non-cash financing activities during fiscal 2010.

During 2009, the Company exchanged senior notes due in July 2014 for outstanding notes due in 2011, 2014, 2017 and 2029. As a result, the Company issued notes and retired notes for amounts summarized below (in thousands):

Issuance of senior notes and future interest in debt exchange	$	43,503
Carrying value of unsecured notes exchanged for senior notes in debt exchange	$	(89,423	)

Net cash from operating activities of discontinued operations are summarized below (in thousands):

	2010			2009
Income (loss) from discontinued operations	$	3,083		$	(6,174	)
Reconciliation to net cash from discontinued operations:
Payment of income taxes related to sale of newspapers		—			(7,260	)
Changes in assets and liabilities and other, net		(5,189	)		5,003
Net cash from operating activities of discontinued operations	$	(2,106	)	$	(8,431	)

The Company had no discontinued operations in fiscal 2011.