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Supplemental Stockholders' Equity Information (Tables)
9 Months Ended
Sep. 27, 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)
 
11,553

 
(390
)
 
11,163

Other comprehensive income, net of tax
 
36,282

 
51

 
36,333

Effect of issuance of shares
 
100,624

 

 
100,624

Share repurchases
 
(45,953
)
 

 
(45,953
)
Dividends declared
 
(19,926
)
 

 
(19,926
)
Stock-based compensation
 
7,930

 

 
7,930

Balance as of September 27, 2015
 
$
816,838

 
$
1,682

 
$
818,520

(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 (loss)/income
 
(1,568
)
 
41

 
(1,527
)
Other comprehensive income, net of tax
 
21,757

 

 
21,757

Effect of issuance of shares
 
(841
)
 

 
(841
)
Dividends declared
 
(18,179
)
 

 
(18,179
)
Stock-based compensation
 
7,163

 

 
7,163

Balance as of September 28, 2014
 
$
851,242

 
$
3,665

 
$
854,907

Schedule of Accumulated Other Comprehensive Loss
The following table summarizes the changes in AOCI by component as of September 27, 2015:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Funded Status of Benefit Plans
 
Total Accumulated Other Comprehensive Loss
Balance as of December 28, 2014
 
$
5,705

 
$
(539,500
)
 
$
(533,795
)
Other comprehensive loss before reclassifications, before tax(1)
 
(7,102
)
 

 
(7,102
)
Amounts reclassified from accumulated other comprehensive income, before tax(1)
 

 
67,595

 
67,595

Income tax (benefit)/expense(1)
 
(2,540
)
 
26,751

 
24,211

Net current-period other comprehensive (loss)/income, net of tax
 
(4,562
)
 
40,844

 
36,282

Balance as of September 27, 2015
 
$
1,143

 
$
(498,656
)
 
$
(497,513
)

(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 September 27, 2015:
(In thousands)
 
For the Nine Months Ended September 27, 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)
 
$
(8,808
)
 
Selling, general & administrative costs
Amortization of actuarial loss(1)
 
36,074

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

 
Pension settlement charges
Total reclassification, before tax(2)
 
67,595

 
 
Income tax expense
 
26,751

 
Income tax (benefit)/expense
Total reclassification, net of tax
 
$
40,844

 
 
(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 September 27, 2015.