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Investments in Joint Ventures (Tables)
6 Months Ended
Jun. 26, 2011
Equity Method Investments and Joint Ventures [Abstract]  
Schedule and summarized unaudited condensed combined income statements of equity method investments
As of June 26, 2011, our investments in joint ventures consisted of equity ownership interests in the following entities:


 
Company
 
Approximate %
Ownership
 
Metro Boston LLC
 
49
%
 
Donohue Malbaie Inc.
 
49
%
 
Madison Paper Industries
 
40
%
 
quadrantONE LLC
 
25
%
 
Fenway Sports Group
 
16.57
%
(1) 
(1) On July 1, 2011, we sold a portion of our interest in Fenway Sports Group. See Note 16 for additional information regarding the sale.


The following table presents summarized unaudited condensed combined income statements for our unconsolidated joint ventures.


 
 
 
For the Quarters Ended
 
For the Six Months Ended
(In thousands)
 
June 30,

2011
 
June 30,

2010
 
June 30,

2011
 
June 30,

2010
Revenues
 
$
374,632


 
$
314,404


 
$
573,812


 
$
430,323


Costs and expenses
 
345,335


 
258,040


 
563,636


 
377,564


Operating profit
 
29,297


 
56,364


 
10,176


 
52,759


Other (loss)/income
 
(5,838
)
 
434


 
(9,321
)
 
26,031


Pre-tax income
 
23,459


 
56,798


 
855


 
78,790


Income tax expense/(benefit)
 
217


 
36


 
(874
)
 
(1,008
)
Net income
 
23,242


 
56,762


 
1,729


 
79,798


Net income attributable to noncontrolling interest
 
5,281


 
6,468


 
10,695


 
11,539


Net income/(loss) less noncontrolling interest
 
$
17,961


 
$
50,294


 
$
(8,966
)
 
$
68,259