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Goodwill and other intangible assets (Tables)
6 Months Ended
Jun. 24, 2012
Goodwill and other intangible assets [Abstract]  
Goodwill, indefinite-lived intangible assets, and amortizable intangible assets

The following table displays goodwill, indefinite-lived intangible assets, and amortizable intangible assets at June 24, 2012 and December 25, 2011.

 

                                 
(in thousands of dollars)            
    Jun. 24, 2012     Dec. 25, 2011  
    Gross     Accumulated
Amortization
    Gross     Accumulated
Amortization
 
         

Goodwill

  $ 2,878,663     $ —       $ 2,864,885     $ —    

Indefinite-lived intangibles:

                               

Mastheads and trade names

    93,163       —         93,163       —    

Television station FCC licenses

    255,304       —         255,304       —    

Amortizable intangible assets:

                               

Customer relationships

    303,336       182,489       298,437       169,499  

Other

    44,782       21,595       43,624       18,834  
Changes in the Company's net goodwill

The following table summarizes the changes in the Company’s net goodwill balance through June 24, 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

    3,895       12,677       —         16,572  

Foreign currency exchange rate changes

    —         (2,781 )     (13     (2,794
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    3,895       9,896       (13     13,778  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Balance at Jun. 24, 2012

                               

Goodwill

    7,647,150       690,385       1,618,509       9,956,044  

Accumulated impairment losses

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

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at Jun. 24, 2012

  $ 596,372     $ 663,782     $ 1,618,509     $ 2,878,663