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Investments in Joint Ventures (Tables)
9 Months Ended
Sep. 25, 2011
Equity Method Investments and Joint Ventures [Abstract] 
Schedule and summarized unaudited condensed combined income statements of equity method investments
As of September 25, 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
 
7.3
%

See Note 8 for information regarding the sale of a portion of our ownership interest in Fenway Sports Group.

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

 
 
 
For the Quarters Ended
 
For the Nine Months Ended
(In thousands)
 
September 30,
2011
 
September 30,
2010
 
September 30,
2011
 
September 30,
2010
Revenues
 
$
389,814

 
$
294,152

 
$
963,626

 
$
724,475

Costs and expenses
 
399,531

 
245,393

 
963,167

 
622,957

Operating (loss)/profit
 
(9,717
)
 
48,759

 
459

 
101,518

Other income/(loss)
 
1,227

 
2,938

 
(8,094
)
 
28,969

Pre-tax (loss)/income
 
(8,490
)
 
51,697

 
(7,635
)
 
130,487

Income tax expense/(benefit)
 
1,028

 
366

 
154

 
(642
)
Net (loss)/income
 
(9,518
)
 
51,331

 
(7,789
)
 
131,129

Net income attributable to noncontrolling interest
 
6,279

 
6,973

 
16,974

 
18,512

Net (loss)/income less noncontrolling interest
 
$
(15,797
)
 
$
44,358

 
$
(24,763
)
 
$
112,617