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Business operations and segment information
 12 Months Ended
Dec. 28, 2014
Segment Reporting [Abstract]  
Business operations and segment information
Business operations and segment information
We have determined that our reportable segments based on our management and internal reporting structure are Broadcasting, Publishing, and Digital.
At the end of 2014, our Broadcasting Segment included 46 television stations and affiliated online sites, including stations serviced by Gannett under shared services and similar agreements. These stations serve more than 35 million households covering almost one-third of the U.S. population.
Our Publishing Segment includes 100 daily publications and digital platforms in the U.S. and U.K., including more than 400 non-daily publications in the U.S. and more than 125 such titles in the U.K. The Publishing Segment also includes Clipper, Gannett Government Media, a network of offset presses for commercial printing and several small businesses.
The largest businesses within our Digital Segment are CareerBuilder, Cars.com, PointRoll and Shoplocal. The Digital Segment and the digital revenues line exclude online/digital revenues generated by digital platforms that are associated with our 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.
Our foreign revenues, principally from publishing businesses in the United Kingdom and CareerBuilder’s international subsidiaries, totaled approximately $539.3 million in 2014, $519.8 million in 2013 and $546.2 million in 2012. Our long-lived assets in foreign countries, principally in the United Kingdom, totaled approximately $498.3 million at Dec. 28, 2014, $566.4 million at Dec. 29, 2013, and $529.8 million at Dec. 30, 2012.
Separate financial data for each of our business segments is presented in the table that follows. The accounting policies of the segments are those described in Note 1. We evaluate the performance of our 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 our 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
 
2014
2013
2012
Operating revenues
Broadcasting
$
1,692,304

$
835,113

$
906,104

Publishing
3,421,729

3,577,804

3,728,144

Digital
919,270

748,445

718,949

Intersegment eliminations (3)
(25,129
)
—

—

Total
$
6,008,174

$
5,161,362

$
5,353,197

Operating income
Broadcasting (2)
$
745,383

$
361,915

$
443,808

Publishing (2)
228,307

313,697

368,644

Digital (2)
155,482

128,264

41,700

Corporate (1) (2)
(71,141
)
(64,633
)
(64,397
)
Total
$
1,058,031

$
739,243

$
789,755

Depreciation, amortization and facility consolidation and asset impairment charges
Broadcasting (2)
$
94,125

$
29,625

$
28,007

Publishing (2)
167,134

153,380

147,750

Digital (2)
81,974

46,415

123,990

Corporate (1) (2)
18,855

18,392

16,421

Total
$
362,088

$
247,812

$
316,168

Equity income (losses) in unconsolidated investees, net
Broadcasting
$
(1,667
)
$
(94
)
$
(597
)
Publishing (4)
10,646

18,724

2,855

Digital (4)
158,340

25,194

20,129

Total
$
167,319

$
43,824

$
22,387

Identifiable assets
Broadcasting
$
4,773,481

$
5,077,114

$
2,001,979

Publishing (4)
2,154,368

2,573,384

2,830,083

Digital (4)
3,602,494

1,041,622

1,030,653

Corporate (1)
675,112

548,586

517,171

Total
$
11,205,455

$
9,240,706

$
6,379,886

Capital expenditures
Broadcasting
$
42,147

$
18,394

$
17,473

Publishing
81,776

62,480

56,597

Digital
36,395

27,800

17,220

Corporate (1)
1,556

1,733

584

Total
$
161,874

$
110,407

$
91,874

(1)
Corporate amounts represent those not directly related to our three business segments.
(2)
Results for 2014 include pre-tax facility consolidation and asset impairment charges of $14 million for Broadcasting, $59 million for Publishing, and $24 million for Digital. Results for 2013 include pre-tax facility consolidation and asset impairment charges of $1 million for Broadcasting, $46 million for Publishing, and $12 million for Digital. Results for 2012 include pre-tax facility consolidation and asset impairment charges of $32 million for Publishing and $90 million for Digital. Refer to Notes 3 and 4 of the Consolidated Financial Statements for more information.
(3)
Includes intersegment eliminations of $5 million for Publishing and $20 million for Digital.
(4)
Publishing and Digital amounts for 2013 and 2012 have been reclassified to reflect the acquisition of Cars.com.