Supplemental Stockholders' Equity Information

6 Months Ended

Jun. 29, 2014

Equity [Abstract]

Supplemental Stockholders' Equity Information

SUPPLEMENTAL STOCKHOLDERS’ EQUITY INFORMATION

Stockholders’ equity is summarized as follows:

(In thousands)	Total New York Times Company Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance as of December 29, 2013	$	842,910		$	3,624		$	846,534
Net income/(loss)	10,931			(18		)	10,913
Other comprehensive income, net of tax	7,871			—			7,871
Effect of issuance of shares	(823		)	—			(823		)
Dividends declared	(12,119		)	—			(12,119		)
Stock-based compensation	5,160			—			5,160
Balance as of June 29, 2014	$	853,930		$	3,606		$	857,536

(In thousands)	Total New York Times Company Stockholders’ Equity		Noncontrolling Interest			Total Stockholders’ Equity
Balance as of December 30, 2012:	$	662,325	$	3,311		$	665,636
Net income/(loss)	23,703		(243		)	23,460
Other comprehensive income, net of tax	7,527		—			7,527
Effect of issuance of shares	2,307		—			2,307
Stock-based compensation	5,810		—			5,810
Balance as of June 30, 2013	$	701,672	$	3,068		$	704,740

The following table summarizes the changes in accumulated other comprehensive income/(loss) by component as of June 29, 2014:

(In thousands)	Foreign Currency Translation Adjustments			Funded Status of Benefit Plans			Total Accumulated Other Comprehensive Loss
Balance as of December 29, 2013	$	12,674		$	(415,285	)	$	(402,611	)
Other comprehensive (loss)/income before reclassifications, before tax(1)	(582		)	1,660			1,078
Amounts reclassified from accumulated other comprehensive loss, before tax	—			11,934			11,934
Income tax (benefit)/expense	(251		)	5,392			5,141
Net current-period other comprehensive (loss)/income, net of tax	(331		)	8,202			7,871
Balance as of June 29, 2014	$	12,343		$	(407,083	)	$	(394,740	)

(1) All amounts are shown net of noncontrolling interest.

The following table summarizes the reclassifications from accumulated other comprehensive income/(loss) for the periods ended June 29, 2014:

(In thousands)	For the Quarter Ended June 29, 2014			For the Six Months Ended June 29, 2014
Detail about accumulated other comprehensive loss components	Amounts reclassified from accumulated other comprehensive loss						Affect line item in the statement where net income is presented
Funded status of benefit plans:
Amortization of prior service credit(1)	$	(2,084	)	$	(4,170	)	Selling, general & administrative costs
Amortization of actuarial loss(1)	8,928			17,764			Selling, general & administrative costs
Total reclassification, before tax(2)	6,844			13,594
Income tax expense	2,440			5,141			Tax expense
Total reclassification, net of tax	$	4,404		$	8,453

(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost for pension and other postretirement benefits. See Note 9 for additional information.

(2) There were no reclassifications relating to noncontrolling interest for the quarter ended June 29, 2014.