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Supplemental equity information
6 Months Ended
Jun. 30, 2013
Temporary Equity Disclosure [Abstract]  
Supplemental equity information
Supplemental equity information
The following table summarizes equity account activity for the twenty-six week periods ended June 30, 2013 and June 24, 2012:
In thousands of dollars
Gannett Co., Inc. Shareholders’ Equity
 
Noncontrolling Interests
 
Total Equity
 
 
 
 
 
 
Balance at Dec. 30, 2012
$
2,350,614

 
$
189,298

 
$
2,539,912

Comprehensive income:
 
 
 
 
 
Net income
218,185

 
25,019

 
243,204

Redeemable noncontrolling interests (income not available to shareholders)

 
(246
)
 
(246
)
Other comprehensive income
1,370

 
(1,863
)
 
(493
)
Total comprehensive income
219,555

 
22,910

 
242,465

Dividends declared
(91,485
)
 

 
(91,485
)
Stock-based compensation
15,877

 

 
15,877

Treasury shares acquired
(41,385
)
 

 
(41,385
)
Other activity
11,728

 
(744
)
 
10,984

Balance at Jun. 30, 2013
$
2,464,904

 
$
211,464

 
$
2,676,368

 
 
 
 
 
 
Balance at Dec. 25, 2011
$
2,327,891

 
$
184,134

 
$
2,512,025

Comprehensive income:
 
 
 
 
 
Net income
188,112

 
23,281

 
211,393

Other comprehensive income
11,271

 
(962
)
 
10,309

Total comprehensive income
199,383

 
22,319

 
221,702

Dividends declared
(93,852
)
 

 
(93,852
)
Stock-based compensation
12,598

 

 
12,598

Treasury shares acquired
(81,010
)
 

 
(81,010
)
Other activity
1,154

 

 
1,154

Balance at Jun. 24, 2012
$
2,366,164

 
$
206,453

 
$
2,572,617

In August 2012, CareerBuilder acquired 74% of Economic Modeling Specialists Intl. (EMSI), a software firm that specializes in employment data and labor market analytics. Shareholders for the remaining 26% of ownership hold put rights that permit them to put their equity interest to CareerBuilder. Since redemption of EMSI noncontrolling interest is outside of the Company’s control, the balance is presented on the condensed consolidated balance sheets in the caption “Redeemable noncontrolling interests.”
The following table summarizes the components of, and the changes in, accumulated other comprehensive loss (net of tax and noncontrolling interests):
In thousands of dollars
Retirement Plans
 
Foreign Currency Translation



Total
 
 
 
 
 
 
Balance at Mar. 31, 2013
$
(1,094,870
)
 
$
385,536

 
$
(709,334
)
Other comprehensive income before reclassifications
(120
)
 
(287
)
 
(407
)
Amounts reclassified from accumulated other comprehensive income
9,970

 

 
9,970

Other comprehensive income
9,850

 
(287
)
 
9,563

Balance at Jun. 30, 2013
$
(1,085,020
)
 
$
385,249

 
$
(699,771
)
 
 
 
 
 
 
Balance at Mar. 25, 2012
$
(991,640
)
 
$
411,021

 
$
(580,619
)
Other comprehensive income before reclassifications
1,142

 
(12,297
)
 
(11,155
)
Amounts reclassified from accumulated other comprehensive income
7,206

 

 
7,206

Other comprehensive income
8,348

 
(12,297
)
 
(3,949
)
Balance at Jun. 24, 2012
$
(983,292
)
 
$
398,724

 
$
(584,568
)
 
 
 
 
 
 
Balance at Dec. 30, 2012
$
(1,119,263
)
 
$
418,122

 
$
(701,141
)
Other comprehensive income before reclassifications
14,577

 
(32,873
)
 
(18,296
)
Amounts reclassified from accumulated other comprehensive income
19,666

 

 
19,666

Other comprehensive income
34,243

 
(32,873
)
 
1,370

Balance at Jun. 30, 2013
$
(1,085,020
)
 
$
385,249

 
$
(699,771
)
 
 
 
 
 
 
Balance at Dec. 25, 2011
$
(995,853
)
 
$
400,014

 
$
(595,839
)
Other comprehensive income before reclassifications
(1,731
)
 
(1,290
)
 
(3,021
)
Amounts reclassified from accumulated other comprehensive income
14,292

 

 
14,292

Other comprehensive income
12,561

 
(1,290
)
 
11,271

Balance at Jun. 24, 2012
$
(983,292
)
 
$
398,724

 
$
(584,568
)

Accumulated other comprehensive income components are included the computation of net periodic postretirement costs (see Notes 6 and 7 for more detail). Reclassifications out of accumulated other comprehensive loss related to these postretirement plans include the following:
In thousands of dollars
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
 
Jun. 30, 2013
 
Jun. 24, 2012
 
Jun. 30, 2013
 
Jun. 24, 2012
 
 
 
 
 
 
 
 
Amortization of prior service credit
$
(384
)
 
$
(2,878
)
 
$
(806
)
 
$
(5,750
)
Amortization of actuarial loss
16,275

 
13,241

 
32,135

 
27,396

Total reclassifications, before tax
15,891

 
10,363

 
31,329

 
21,646

Income tax effect
(5,921
)
 
(3,157
)
 
(11,663
)
 
(7,354
)
Total reclassifications, net of tax
$
9,970

 
$
7,206

 
$
19,666

 
$
14,292