XML 53 R22.htm IDEA: XBRL DOCUMENT v2.3.0.15
Retirement plans and postretirement benefits other than pension (Tables)
9 Months Ended
Sep. 25, 2011
Pension Plans, Defined Benefit
 
Benefit costs

The Gannett Retirement Plan is the Company’s principal retirement plan. The Company’s pension costs, which include costs for qualified, nonqualified and union plans are presented in the following table:

 

(in thousands of dollars)                   
     Thirteen Weeks Ended     Thirty-nine Weeks Ended  
     Sept. 25,
2011
    Sept. 26,
2010
    Sept. 25,
2011
    Sept. 26,
2010
 

Service cost-benefits earned during the period

   $ 1,973     $ 3,383     $ 5,919     $ 10,989  

Interest cost on benefit obligation

     42,253       41,426       126,760       132,913  

Expected return on plan assets

     (52,262     (44,787     (156,785     (144,210

Amortization of prior service cost

     1,867       1,577       5,601       5,076  

Amortization of actuarial loss

     9,394       11,567       28,183       36,283  
  

 

 

   

 

 

   

 

 

   

 

 

 

Pension expense for Company-sponsored retirement plans

     3,225       13,166       9,678       41,051  

Curtailment gain

     —          —          —          (582

Union and other pension cost

     998       1,287       2,993       3,860  
  

 

 

   

 

 

   

 

 

   

 

 

 

Pension cost

   $ 4,223     $ 14,453     $ 12,671     $ 44,329  
  

 

 

   

 

 

   

 

 

   

 

 

 
Other Postretirement Benefit Plans, Defined Benefit
 
Benefit costs

Postretirement benefit costs for health care and life insurance are presented in the following table:

 

(in thousands of dollars)                   
     Thirteen Weeks Ended     Thirty-nine Weeks Ended  
     Sept. 25,
2011
    Sept. 26,
2010
    Sept. 25,
2011
    Sept. 26,
2010
 

Service cost-benefits earned during the period

   $ 153     $ 178     $ 458     $ 535  

Interest cost on net benefit obligation

     2,301       2,651       6,903       7,953  

Amortization of prior service credit

     (4,878     (4,844     (14,633     (14,532

Amortization of actuarial loss

     1,361       1,237       4,083       3,711  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic postretirement benefit credit

   $ (1,063   $ (778   $ (3,189   $ (2,333