INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 26, 2017

INTANGIBLE ASSETS AND GOODWILL

Schedule of intangible assets (primarily advertiser lists, subscriber lists and developed technology), mastheads and goodwill

	December 25,		Acquisition		Amortization		March 26,
(in thousands)	2016		Adjustments		Expense		2017
Intangible assets subject to amortization	$	839,273	$	11	$	—	$	839,284
Accumulated amortization		(711,723)		-		(12,083)		(723,806)
		127,550		11		(12,083)		115,478
Mastheads		171,436		-		—		171,436
Goodwill		705,174		-		—		705,174
Total	$	1,004,160	$	11	$	(12,083)	$	992,088

Summary of amortization expense with respect to intangible assets

	Three Months Ended
	March 26,		March 27,
(in thousands)	2017		2016
Amortization expense	$	12,083	$	11,998

Amortization expense for the five succeeding fiscal years

The estimated amortization expense for the remainder of fiscal year 2017 and the five succeeding fiscal years is as follows: 

	Amortization
	Expense
Year	(in thousands)
2017 (Remainder)	$	37,207
2018		47,660
2019		24,154
2020		803
2021		680
2022		655