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Supplemental Stockholders' Equity Information (Tables)
3 Months Ended
Mar. 26, 2017
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 25, 2016
 
$
847,815

 
$
(3,571
)
 
$
844,244

Net income/(loss)
 
13,181

 
(66
)
 
13,115

Other comprehensive income, net of tax
 
5,565

 

 
5,565

Effect of issuance of shares
 
(3,281
)
 

 
(3,281
)
Dividends declared
 
(6,495
)
 

 
(6,495
)
Stock-based compensation
 
3,815

 

 
3,815

Balance as of March 26, 2017
 
$
860,600

 
$
(3,637
)
 
$
856,963

(In thousands)
 
Total New York Times Company Stockholders’ Equity
 
Noncontrolling Interest
 
Total Stockholders’ Equity
Balance as of December 27, 2015
 
$
826,751

 
$
1,704

 
$
828,455

Net loss
 
(8,271
)
 
(5,315
)
 
(13,586
)
Other comprehensive income, net of tax
 
5,091

 

 
5,091

Effect of issuance of shares
 
(8,675
)
 

 
(8,675
)
Share repurchases
 
(15,056
)
 

 
(15,056
)
Dividends declared
 
(6,443
)
 

 
(6,443
)
Stock-based compensation
 
3,294

 

 
3,294

Balance as of March 27, 2016
 
$
796,691

 
$
(3,611
)
 
$
793,080

Schedule of Accumulated Other Comprehensive Loss
The following table summarizes the changes in AOCI by component as of March 26, 2017:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Funded Status of Benefit Plans
 
Total Accumulated Other Comprehensive Loss
Balance as of December 25, 2016
 
$
(1,822
)
 
$
(477,994
)
 
$
(479,816
)
Other comprehensive income before reclassifications, before tax(1)
 
2,175

 

 
2,175

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

 
6,921

 
6,921

Income tax expense(1)
 
795

 
2,736

 
3,531

Net current-period other comprehensive income, net of tax
 
1,380

 
4,185

 
5,565

Balance as of March 26, 2017
 
$
(442
)
 
$
(473,809
)
 
$
(474,251
)

(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 first quarter of 2017:
(In thousands)
 
 
 
 
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)
 
$
(2,425
)
 
Selling, general & administrative costs
Amortization of actuarial loss(1)
 
9,346

 
Selling, general & administrative costs
Total reclassification, before tax(2)
 
6,921

 
 
Income tax expense
 
2,736

 
Income tax (benefit)/expense
Total reclassification, net of tax
 
$
4,185

 
 
(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 26, 2017.