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Supplemental Stockholders' Equity Information (Tables)
3 Months Ended
Mar. 29, 2015
Equity [Abstract]  
Schedule of changes in stockholders' equity
Stockholders’ equity is summarized as follows:
 
(In thousands)
 
Total New York Times Company Stockholders’ Equity
 
Noncontrolling Interest
 
Total Stockholders’ Equity
Balance as of December 28, 2014
 
$
726,328

 
$
2,021

 
$
728,349

Net loss
 
(14,262
)
 
(159
)
 
(14,421
)
Other comprehensive income, net of tax
 
24,491

 

 
24,491

Effect of issuance of shares
 
99,828

 

 
99,828

Share repurchases
 
(3,800
)
 

 
(3,800
)
Dividends declared
 
(6,693
)
 

 
(6,693
)
Stock-based compensation
 
1,938

 

 
1,938

Balance as of March 29, 2015
 
$
827,830

 
$
1,862

 
$
829,692

 
(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
 
1,743

 
110

 
1,853

Other comprehensive income, net of tax
 
3,894

 

 
3,894

Effect of issuance of shares
 
(1,132
)
 

 
(1,132
)
Dividends declared
 
(6,058
)
 

 
(6,058
)
Stock-based compensation
 
3,471

 

 
3,471

Balance as of March 30, 2014
 
$
844,828

 
$
3,734

 
$
848,562

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in AOCI by component as of March 29, 2015:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Funded Status of Benefit Plans
 
Total Accumulated Other Comprehensive Loss
Balance, December 28, 2014
 
$
5,705

 
$
(539,500
)
 
$
(533,795
)
Other comprehensive income before reclassifications, before tax(1)
 
(8,527
)
 

 
(8,527
)
Amounts reclassified from accumulated other comprehensive loss, before tax(1)
 

 
49,338

 
49,338

Income tax (benefit)/expense(1)
 
(3,273
)
 
19,593

 
16,320

Net current-period other comprehensive income, net of tax
 
(5,254
)
 
29,745

 
24,491

Balance, March 29, 2015
 
$
451

 
$
(509,755
)
 
$
(509,304
)

(1)
All amounts are shown net of noncontrolling interest.
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the reclassifications from AOCI for the quarter ended March 29, 2015:
(In thousands)
 
Amounts reclassified from
 
 
Detail about accumulated other comprehensive loss components
 
 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)
 
$
(2,961
)
 
Selling, general & administrative costs
Amortization of actuarial loss(1)
 
11,970

 
Selling, general & administrative costs
Pension settlement charge
 
40,329

 
Pension settlement charge
Total reclassification, before tax(2)
 
49,338

 
 
Income tax benefit
 
19,593

 
Income tax (benefit)/expense
Total reclassification, net of tax
 
$
29,745

 
 
(1)
These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and other retirement benefits. See Note 9 for additional information.
(2)
There were no reclassifications relating to noncontrolling interest for the quarter ended March 29, 2015.