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 25, 2016	$	847,815		$	(3,571	)	$	844,244
Net income	61,109			3,567			64,676
Other comprehensive income, net of tax	19,294			—			19,294
Effect of issuance of shares	158			—			158
Dividends declared	(19,543		)	—			(19,543		)
Stock-based compensation	9,845			—			9,845
Balance as of September 24, 2017	$	918,678		$	(4	)	$	918,674



(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	(8,076		)	(5,719		)	(13,795		)
Other comprehensive income, net of tax	13,273			—			13,273
Effect of issuance of shares	(9,298		)	—			(9,298		)
Share repurchases	(15,056		)	—			(15,056		)
Dividends declared	(19,414		)	—			(19,414		)
Stock-based compensation	9,006			—			9,006
Balance as of September 25, 2016	$	797,186		$	(4,015	)	$	793,171

On January 14, 2015, the Board of Directors approved an authorization of $101.1 million to repurchase shares of the Company’s Class A Common Stock. The Company did not repurchase any shares during the third quarter of 2017. As of September 24, 2017, the Company had repurchased 6,690,905 Class A shares under this authorization for a cost of $84.9 million (excluding commissions) and $16.2 million remained. All purchases were made pursuant to our publicly announced share repurchase program. Our Board of Directors has authorized us to purchase shares under this authorization from time to time, subject to market conditions and other factors. There is no expiration date with respect to this authorization.

The following table summarizes the changes in accumulated other comprehensive income (“AOCI”) by component as of September 24, 2017:



(In thousands)	Foreign Currency Translation Adjustments			Funded Status of Benefit Plans			Net unrealized Loss on available-for-sale Securities		Total Accumulated Other Comprehensive Loss
Balance as of December 25, 2016	$	(1,822	)	$	(477,994	)	—		$	(479,816	)
Other comprehensive income (loss) before reclassifications, before tax⁽¹⁾	11,170			—			(1,081	)	10,089
Amounts reclassified from accumulated other comprehensive loss, before tax⁽¹⁾	—			20,762			—		20,762
Income tax expense (benefit) ⁽¹⁾	3,777			8,208			(428	)	11,557
Net current-period other comprehensive income, net of tax	7,393			12,554			(653	)	19,294
Balance as of September 24, 2017	$	5,571		$	(465,440	)	(653	)	$	(460,522	)


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

The following table summarizes the reclassifications from AOCI for the nine months ended September 24, 2017:



(In thousands)
Detail about accumulated other comprehensive loss components	Amounts reclassified from accumulated other comprehensive loss			Affects line item in the statement where net income is presented
Funded status of benefit plans:
Amortization of prior service credit⁽¹⁾	$	(7,274	)	Selling, general & administrative costs
Amortization of actuarial loss⁽¹⁾	28,036			Selling, general & administrative costs
Total reclassification, before tax⁽²⁾	20,762
Income tax expense	8,208			Income tax expense
Total reclassification, net of tax	$	12,554


(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 nine months ended September 24, 2017.