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Supplemental Stockholders' Equity Information (Tables)
6 Months Ended
Jun. 28, 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 income/(loss)
 
2,138

 
(340
)
 
1,798

Other comprehensive income, net of tax
 
31,233

 
51

 
31,284

Effect of issuance of shares
 
100,589

 

 
100,589

Share repurchases
 
(9,342
)
 

 
(9,342
)
Dividends declared
 
(13,375
)
 

 
(13,375
)
Stock-based compensation
 
4,567

 

 
4,567

Balance as of June 28, 2015
 
$
842,138

 
$
1,732

 
$
843,870

(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

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in AOCI by component as of June 28, 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 loss before reclassifications, before tax(1)
 
(6,620
)
 

 
(6,620
)
Amounts reclassified from accumulated other comprehensive income, before tax(1)
 

 
58,429

 
58,429

Income tax (benefit)/expense(1)
 
(2,571
)
 
23,147

 
20,576

Net current-period other comprehensive (loss)/income, net of tax
 
(4,049
)
 
35,282

 
31,233

Balance, June 28, 2015
 
$
1,656

 
$
(504,218
)
 
$
(502,562
)

(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 periods ended June 28, 2015:
(In thousands)
 
 
For the Six Months Ended June 28, 2015
 
 
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)
 
 
$
(5,922
)
 
Selling, general & administrative costs
Amortization of actuarial loss(1)
 
 
24,022

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

 
Pension settlement charges
Total reclassification, before tax(2)
 
 
58,429

 
 
Income tax expense
 
 
23,147

 
Income tax (benefit)/expense
Total reclassification, net of tax
 
 
$
35,282

 
 
(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 June 28, 2015.