XML 49 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investments (Tables)
3 Months Ended
Mar. 29, 2015
Investments [Abstract]  
Schedule of Investments
Investments consisted of the following (in thousands):
 
March 29, 2015
 
December 28, 2014
Equity method investments
$
1,629,112

 
$
1,689,996

Cost method investments
18,418

 
18,238

Marketable equity securities
7,414

 
8,958

Total investments
$
1,654,944

 
$
1,717,192

Equity Method Investments Information
Income from equity investments, net reported in the Company’s consolidated statements of operations consisted of the following (in thousands):
 
Three Months Ended
 
March 29, 2015
 
March 30, 2014
Income from equity investments, net, before amortization of basis difference
$
50,496

 
$
53,457

Amortization of basis difference
(13,562
)
 
(15,194
)
Income from equity investments, net
$
36,934

 
$
38,263



Cash distributions from the Company’s equity method investments were as follows (in thousands):
 
Three Months Ended
 
March 29, 2015
 
March 30, 2014
Cash distributions from equity investments
$
94,906

 
$
120,270

Summarized Financial Information—Summarized financial information for TV Food Network is as follows (in thousands):

Three Months Ended

March 29, 2015

March 30, 2014
Revenues, net
$
261,223

 
$
260,285

Operating income
$
130,202

 
$
125,495

Net income
$
133,643

 
$
129,872


Summarized financial information for CareerBuilder and CV is as follows (in thousands):
 
Three Months Ended
 
March 29, 2015
 
March 30, 2014
Revenues, net (1)
$
175,154

 
$
280,643

Operating income from continuing operations (1)
$
30,326

 
$
40,682

Net income (1)
$
28,351

 
$
46,733

 
(1) The summarized financial information for the three months ended March 29, 2015 does not include results for CV, which was sold by the Company on October 1, 2014. See above for further information.