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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2014
Jun. 30, 2013
Jun. 29, 2014
Jun. 30, 2013
Net Operating Revenues:        
Broadcasting $ 398,258 $ 211,962 $ 780,526 $ 403,542
Publishing advertising 530,183 562,476 1,031,483 1,088,975
Publishing circulation 277,851 279,655 559,927 565,627
All other Publishing 59,331 62,100 118,018 120,862
Digital 194,381 186,506 374,116 361,428
Total 1,460,004 1,302,699 2,864,070 2,540,434
Operating Expenses:        
Cost of sales and operating expenses, exclusive of depreciation 775,627 726,869 1,543,159 1,446,593
Selling, general and administrative expenses, exclusive of depreciation 353,779 320,615 708,992 634,730
Depreciation 44,850 38,467 89,614 77,393
Amortization of intangible assets 14,471 9,368 32,214 18,496
Facility consolidation and asset impairment charges 28,775 4,498 43,595 9,283
Total 1,217,502 1,099,817 2,417,574 2,186,495
Operating income 242,502 202,882 446,496 353,939
Non-operating (expense) income:        
Equity income in unconsolidated investees, net 156,540 9,424 165,031 17,218
Interest expense (64,148) (36,174) (133,796) (71,579)
Other non-operating items (2,982) (9,791) (23,730) (11,374)
Total 89,410 (36,541) 7,505 (65,735)
Income before income taxes 331,912 166,341 454,001 288,204
Provision for income taxes 106,000 39,600 158,500 45,000
Net income 225,912 126,741 295,501 243,204
Net income attributable to noncontrolling interests (17,445) (13,121) (27,875) (25,019)
Net income attributable to Gannett Co., Inc. $ 208,467 $ 113,620 $ 267,626 $ 218,185
Net income per share – basic $ 0.92 $ 0.50 $ 1.18 $ 0.95
Net income per share – diluted $ 0.90 $ 0.48 $ 1.15 $ 0.93
Dividends declared per share $ 0.20 $ 0.20 $ 0.40 $ 0.40