XML 55 R83.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Statement of Income (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2009
Sep. 30, 2009
Jun. 30, 2009
Mar. 31, 2009
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Schedule of Condensed Consolidating Statement of Operations [Line Items]                              
Revenues $ 595,300 $ 528,400 $ 565,300 $ 547,000 $ 631,100 $ 572,400 $ 580,000 $ 550,000 $ 605,000 $ 544,100 $ 544,000 $ 551,200 $ 2,235,959 $ 2,333,512 $ 2,244,248
Cost and expenses:                              
Cost of sales 448,000 395,700 418,000 408,600 475,900 421,500 423,800 403,400 448,500 407,600 410,000 427,500 1,670,271 1,724,606 1,693,652
Selling, general and administrative                         329,060 371,264 354,933
Amortization expense                         12,624 12,624 12,624
Total costs and expenses                         2,011,955 2,108,494 2,061,209
Gain from litigation settlement, net                           490,085  
Earnings from operations                         224,004 715,103 183,039
Other expenses and income:                              
Interest expense, net                         35,324 64,251 86,495
Loss (gain) on extinguishment of debt (Note 3)                         16,318 23,873 (10,028)
Other (income) expense, net                         (7,382) (5,676) (4,371)
Total other expenses, net                         44,260 82,448 72,096
Earnings before income taxes                         179,744 632,655 110,943
Income tax expense                         66,314 247,250 44,175
Net earnings 34,200 [1] 27,500 30,300 [2] 21,400 [3] 24,800 27,000 11,100 [4] 322,500 [5] 24,000 [6] 13,800 [6] 15,900 [6] 13,000 [6] 113,430 385,405 66,768
Parent Company
                             
Schedule of Condensed Consolidating Statement of Operations [Line Items]                              
Revenues                         779,494 946,595 801,219
Cost and expenses:                              
Cost of sales                         667,389 765,807 632,619
Selling, general and administrative                         107,112 153,294 126,695
Amortization expense                         23 23 23
Total costs and expenses                         774,524 919,124 759,337
Gain from litigation settlement, net                           490,085  
Earnings from operations                         4,970 517,556 41,882
Other expenses and income:                              
Interest expense, net                         35,432 64,315 86,574
Intercompany interest                         (26,331) (56,786) (69,556)
Loss (gain) on extinguishment of debt (Note 3)                         16,318 23,873 (10,028)
Other (income) expense, net                         (2,919) (2,217) (1,931)
Total other expenses, net                         22,500 29,185 5,059
Earnings before income taxes                         (17,530) 488,371 36,823
Income tax expense                         398 196,948 18,430
Equity in net earnings of subsidiaries                         131,358 93,982 48,375
Net earnings                         113,430 385,405 66,768
Guarantor Subsidiaries
                             
Schedule of Condensed Consolidating Statement of Operations [Line Items]                              
Revenues                         1,787,530 1,596,392 1,473,551
Cost and expenses:                              
Cost of sales                         1,153,832 1,097,018 1,111,526
Selling, general and administrative                         408,853 295,677 214,364
Amortization expense                         12,601 12,601 12,601
Total costs and expenses                         1,575,286 1,405,296 1,338,491
Earnings from operations                         212,244 191,096 135,060
Other expenses and income:                              
Interest expense, net                           3 (12)
Intercompany interest                         26,012 56,553 69,241
Other (income) expense, net                         (4,657) (3,244) (3,337)
Total other expenses, net                         21,355 53,312 65,892
Earnings before income taxes                         190,889 137,784 69,168
Income tax expense                         63,798 48,208 24,506
Equity in net earnings of subsidiaries                         4,267 4,406 3,713
Net earnings                         131,358 93,982 48,375
Non-Guarantor Subsidiaries
                             
Schedule of Condensed Consolidating Statement of Operations [Line Items]                              
Revenues                         73,202 70,498 69,595
Cost and expenses:                              
Cost of sales                         52,458 49,343 49,624
Selling, general and administrative                         13,954 14,704 13,874
Total costs and expenses                         66,412 64,047 63,498
Earnings from operations                         6,790 6,451 6,097
Other expenses and income:                              
Interest expense, net                         (108) (67) (67)
Intercompany interest                         319 233 315
Other (income) expense, net                         194 (215) 897
Total other expenses, net                         405 (49) 1,145
Earnings before income taxes                         6,385 6,500 4,952
Income tax expense                         2,118 2,094 1,239
Net earnings                         4,267 4,406 3,713
Consolidating Adjustments
                             
Schedule of Condensed Consolidating Statement of Operations [Line Items]                              
Revenues                         (404,267) (279,973) (100,117)
Cost and expenses:                              
Cost of sales                         (203,408) (187,562) (100,117)
Selling, general and administrative                         (200,859) (92,411)  
Total costs and expenses                         (404,267) (279,973) (100,117)
Other expenses and income:                              
Equity in net earnings of subsidiaries                         (135,625) (98,388) (52,088)
Net earnings                         $ (135,625) $ (98,388) $ (52,088)
[1] Includes $4.3 million, net of tax, or $0.09 per common share, diluted, in intangible asset write-offs (see Note 2, Goodwill and Other Intangible Assets, for further information) and $4.2 million, net of tax, or $0.08 per common share, diluted, in postemployment and other reorganization costs.
[2] Includes a $3.4 million loss on extinguishment of debt, net of tax, or $0.07 per common share, diluted, related to the replacement and termination of our Prior Senior Secured Credit Facility. For further information, see Note 3, Long-Term Debt.
[3] Includes a $8.2 million loss on extinguishment of debt, net of tax, or $0.16 per common share, diluted, related to our cash tender offer, consent solicitation and redemption of our outstanding 2015 Notes. For further information, see Note 3, Long-Term Debt.
[4] Includes a $14.7 million loss on extinguishment of debt, net of tax, or $0.28 per common share, diluted, related to our tender offer and open market repurchases of $297.8 million aggregate principal amount of our 8 1/4% Senior Notes due 2015. For further information, see Note 3, Long-Term Debt.
[5] Includes a $301.4 million gain on litigation settlement, net of tax and related payments, or $5.85 per common share, diluted, associated with the News America litigation settlement proceeds. For further information, see Note 8, Gain from Litigation Settlement.
[6] Includes a $6.2 million gain on extinguishment of debt, net of tax, or $0.13 per common share, diluted, related to our repurchases of an aggregate principal amount of $133.5 million of outstanding term loans under our senior secured credit facility. For further information, see Note 3, Long-Term Debt.