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Goodwill and other intangible assets (Tables)
3 Months Ended
Mar. 25, 2012
Goodwill, Indefinite-Lived Intangible Assets, and Amortizable Intangible Assets

The following table displays goodwill, indefinite-lived intangible assets, and amortizable intangible assets at March 25, 2012 and December 25, 2011.

(in thousands of dollars)

 

     Mar. 25, 2012      Dec. 25, 2011  
     Gross      Accumulated
Amortization
     Gross      Accumulated
Amortization
 

Goodwill

   $ 2,875,651       $ —         $ 2,864,885       $ —     

Indefinite-lived intangibles:

           

Mastheads and trade names

     93,333         —           93,163         —     

Television station FCC licenses

     255,304         —           255,304         —     

Amortizable intangible assets:

           

Customer relationships

     303,348         176,499         298,437         169,499   

Other

     44,059         20,332         43,624         18,834   
Summary of the Change in Net Goodwill

The following table summarizes the changes in the Company’s net goodwill balance through March 25, 2012.

(in thousands of dollars)

 

     Publishing     Digital     Broadcasting      Total  

Balance at Dec. 25, 2011

         

Goodwill

   $ 7,643,255     $ 680,489     $ 1,618,522      $ 9,942,266  

Accumulated impairment losses

     (7,050,778     (26,603     —           (7,077,381
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance at Dec. 25, 2011

     592,477       653,886       1,618,522        2,864,885  
  

 

 

   

 

 

   

 

 

    

 

 

 

Activity during the period

         

Acquisitions and adjustments

     3,855       12       —           3,867   

Foreign currency exchange rate changes

     3,399       3,423       77         6,899   
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

     7,254       3,435       77         10,766   
  

 

 

   

 

 

   

 

 

    

 

 

 

Balance at Mar. 25, 2012

         

Goodwill

     7,690,816       683,924       1,618,599        9,993,339  

Accumulated impairment losses

     (7,091,085     (26,603     —           (7,117,688
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance at Mar. 25, 2012

   $ 599,731     $ 657,321     $ 1,618,599      $ 2,875,651