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Business operations and segment information
12 Months Ended
Dec. 30, 2012
Segment Reporting [Abstract]  
Business operations and segment information
Business operations and segment information

The company has determined that its reportable segments based on its management and internal reporting structure are Publishing, Digital and Broadcasting.
The Publishing Segment at the end of 2012 consisted of 82 U.S. daily publications with affiliated online sites in 30 states and one U.S. territory, including USA TODAY, a national, general-interest daily publication; USATODAY.com; USA WEEKEND, a magazine supplement for publishing companies; Clipper; Gannett Healthcare Group; and Gannett Government Media. The Publishing Segment also includes Newsquest, which is a regional publisher in the United Kingdom that includes 17 paid-for daily publications and more than 200 weekly publications, magazines and trade publications. The Publishing Segment in the U.S. also includes about 480 non-daily publications, a network of offset presses for commercial printing and several smaller businesses.
The Digital Segment includes results from CareerBuilder, PointRoll, ShopLocal and Reviewed.com. The Digital Segment and the digital revenues line do not include online/digital revenues generated by digital platforms that are associated with the company’s publishing and broadcasting operating properties. Such amounts are reflected within those segments and are included as part of publishing revenues and broadcasting revenues in the Consolidated Statements of Income.
At the end of 2012, the company’s Broadcasting Segment included 23 television stations and affiliated online sites in markets with nearly 21 million households covering 18.1% of the U.S. population. Captivate Network is also part of the Broadcasting Segment.
The company’s foreign revenues, principally from publishing businesses in the United Kingdom and CareerBuilder’s international subsidiaries, totaled approximately $546 million in 2012, $568 million in 2011 and $564 million in 2010. The company’s long-lived assets in foreign countries, principally in the United Kingdom, totaled approximately $530 million at Dec. 30, 2012, $543 million at Dec. 25, 2011, and $556 million at Dec. 26, 2010.
Separate financial data for each of the company’s business segments is presented in the table that follows. The accounting policies of the segments are those described in Note 1. The company evaluates the performance of its segments based on operating income. Operating income represents total revenue less operating expenses, including depreciation, amortization of intangibles and facility consolidation and asset impairment charges. In determining operating income by industry segment, general corporate expenses, interest expense, interest income, and other income and expense items of a non-operating nature are not considered, as such items are not allocated to the company’s segments.
Corporate assets include cash and cash equivalents, property, plant and equipment used for corporate purposes and certain other financial investments.
In thousands of dollars
Business segment financial information
 
2012
2011
2010
Operating revenues
Publishing
$
3,728,144

$
3,831,108

$
4,050,839

Digital
718,949

686,471

618,259

Broadcasting
906,104

722,410

769,580

Total
$
5,353,197

$
5,239,989

$
5,438,678

Operating income
Publishing (2)
$
368,644

$
477,583

$
647,741

Digital (2)
41,700

125,340

83,355

Broadcasting (2)
443,808

302,140

329,245

Corporate (1) (2)
(64,397
)
(74,272
)
(60,646
)
Total
$
789,755

$
830,791

$
999,695

Depreciation, amortization and facility consolidation and asset impairment charges
Publishing (2)
$
147,750

$
148,537

$
170,073

Digital (2)
123,990

30,693

43,313

Broadcasting (2)
28,007

28,926

40,460

Corporate (1) (2)
16,421

16,460

17,039

Total
$
316,168

$
224,616

$
270,885

Equity income (losses) in unconsolidated investees, net
Publishing
$
23,380

$
8,543

$
19,337

Digital
(396
)
(184
)
(197
)
Broadcasting
(597
)
(162
)

Total
$
22,387

$
8,197

$
19,140

Identifiable assets
Publishing
$
2,850,915

$
3,032,605

$
3,162,655

Digital
1,009,821

1,014,805

1,057,898

Broadcasting
2,001,979

1,994,051

2,003,929

Corporate (1)
517,171

574,989

592,362

Total
$
6,379,886

$
6,616,450

$
6,816,844

Capital expenditures
Publishing
$
56,597

$
40,175

$
36,776

Digital
17,220

15,673

11,883

Broadcasting
17,473

15,263

19,694

Corporate (1)
584

1,340

717

Total
$
91,874

$
72,451

$
69,070

(1)
Corporate amounts represent those not directly related to the company’s three business segments.
(2)
Results for 2012 include pre-tax facility consolidation and asset impairment charges of $32 million for Publishing and $90 million for digital. Results for 2011 include pre-tax facility consolidation charges of $27 million for Publishing. Results for 2010 include pre-tax facility consolidation and asset impairment charges of $36 million for Publishing, $13 million for Digital and $9 million for Broadcasting. Refer to Notes 3 and 4 of the Consolidated Financial Statements for more information.