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Discontinued operations
12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued operations
Discontinued operations
On June 29, 2015, we completed the spin-off of our publishing businesses, creating a new independent publicly traded company, through the distribution of 98.5% of our interest in Gannett to holders of our common shares. On June 29, 2015, each of our shareholders of record as of the close of business on the record date of June 22, 2015, received one share of Gannett common stock for every two shares of TEGNA common stock held. Immediately following the distribution, we owned 1.5% of Gannett’s outstanding common shares. We will continue to own Gannett shares for a period of time not to exceed five years after the distribution. In conjunction with the spin-off of the publishing businesses, we entered into a separation and distribution agreement with Gannett and also entered into various other agreements to effect the separation and provide a framework for a short term set of transition services as well as a tax matters agreement and an employee matters agreement.
During the fourth quarter of 2015, we sold our subsidiaries Clipper Magazine (Clipper), a direct mail advertising magazine business, and Mobestream Media (Mobestream), maker of a mobile rewards/coupon platform, to Valassis Direct Mail, Inc. On March 18, 2016, we sold Sightline Media (Sightline) to Regent Companies LLC. Our Sightline business unit was previously included within our Other Segment and was classified as held for sale as of December 31, 2015. With the sale of these businesses, we divested all the operations of our Other Segment. Accordingly, we have presented the financial condition and results of operations of the former Publishing and Other Segments as discontinued operations.

Financial Statement Presentation
The former publishing businesses and Other Segment are presented as discontinued operations in our Consolidated Balance Sheet and the Consolidated Statement of Income. In our Consolidated Statement of Cash Flows, the cash flows from discontinued operations are not separately classified, but supplemental cash flow information for these business units is presented below.
The financial results of discontinued operations through December 31, 2016, are presented as a profit (loss) from discontinued operations, net of income taxes, on our Consolidated Statements of Income. For earnings per share information on discontinued operations, see Note 10. Discontinued operations for 2016 are attributable to operations of our Sightline business through the date of sale on March 18, 2016, while results for 2015 are comprised of the operating results of both the Publishing Segment and Other Segment. The table below presents the financial results of discontinued operations for 2015 and 2014.
The following table presents the financial results of discontinued operations:
In thousands
Year ended Dec. 31, 2015
 
Publishing
Other
Total
Operating revenues
$
1,400,006

$
191,025

$
1,591,031

Income (loss) from discontinued operations, before income taxes
169,220

(36,068
)
133,152

Provision for income taxes
43,735

(12,647
)
31,088

Income (loss) from discontinued operations, net of tax
125,485

(23,421
)
102,064

In thousands
Year ended Dec. 28, 2014
 
Publishing
Other
Total
Operating revenues
$
3,133,861

$
248,172

$
3,382,033

Income (loss) from discontinued operations, before income taxes
372,549

(7,185
)
365,364

Provision for income taxes
(11,817
)
2,946

(8,871
)
Income (loss) from discontinued operations, net of tax
384,366

(10,131
)
374,235


The financial results reflected above may not represent our Publishing and Other Segments stand-alone operating results, as the results reported within income from discontinued operations, net, include only certain costs that are directly attributable to those businesses and exclude certain corporate overhead costs that were previously allocated for each period. In addition, the 2015 financial results include the pre-tax loss of $26.3 million ($14.8 million after tax) on the disposal of our Other Segment. The depreciation, amortization, capital expenditures and significant cash investing items of the discontinued operations were as follows:
In thousands
Year ended Dec. 31, 2015
 
Publishing
Other
Total
Depreciation
$
49,542

$
725

$
50,267

Amortization
7,008


7,008

Capital expenditures
(20,252
)
(681
)
(20,933
)
Payments for acquisitions, net of cash acquired
(28,668
)

(28,668
)
Payments for investments
(2,000
)

(2,000
)
Proceeds from investments
12,402


12,402

In thousands
Year ended Dec. 28, 2014
 
Publishing
Other
Total
Depreciation
$
99,029

$
973

$
100,002

Amortization
13,885


13,885

Capital expenditures
(79,168
)
(454
)
(79,622
)
Payments for acquisitions, net of cash acquired
(113
)

(113
)
Payments for investments
(2,500
)

(2,500
)
Proceeds from investments
18,629


18,629