DIVESTITURE

3 Months Ended

Mar. 29, 2015

DIVESTITURE

DIVESTITURE

2.  DIVESTITURE

On May 5, 2014, we completed the sale of the outstanding capital stock of Anchorage to an assignee of Alaska Dispatch Publishing, LLC for $34 million in cash. The financial results of Anchorage have been reported as discontinued operations on our condensed consolidated financial statements for all periods presented herein.

The following table summarizes the financial information for the Anchorage’s operations for the three months ended March 30, 2014:

	Three Months Ended
	March 30,
(in thousands)	2014
Revenues	$	6,449
Income from discontinued operations, before taxes	$	398
Income tax provision		178
Income from discontinued operations, net of tax, before loss on sale	$	220
Gain on sale of discontinued operations	$	—
Income tax provision		—
Loss on sale of discontinued operations, net of tax		—
Income from discontinued operations, net of tax	$	220