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Business operations and segment information | 12 Months Ended
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Dec. 25, 2011
Business operations and segment information | NOTE 14 Business operations and segment information The company has determined that its reportable segments based on its management and internal reporting structure are publishing, which is the largest segment of its operations, digital and broadcasting. The publishing segment at the end of 2011 consisted of 82 U.S. daily publications with affiliated online sites in 30 states and one U.S. territory, including USA TODAY, a national, general-interest daily publication; USATODAY.com; USA WEEKEND, a magazine supplement for publishing companies; Clipper; Gannett Healthcare Group; and Gannett Government Media. The publishing segment also includes Newsquest, which is a regional publisher in the United Kingdom that includes 17 paid-for daily publications and more than 200 weekly publications, magazines and trade publications. The publishing segment in the U.S. also includes about 500 non-daily publications, a network of offset presses for commercial printing and several smaller businesses. The digital segment includes results from CareerBuilder, PointRoll, ShopLocal, Reviewed.com and Planet Discover. The digital segment and the digital revenues line do not include online/digital revenues generated by web sites that are associated with the company’s publishing and broadcasting operating properties. Such amounts are reflected within those segments and are included as part of publishing revenues and broadcasting revenues in the Consolidated Statements of Income. At the end of 2011, the company’s broadcasting division included 23 television stations and affiliated online sites in markets with more than 21 million households covering 18.1% of the U.S. population. Captivate Network is also part of the broadcasting division. The company’s foreign revenues, principally from publishing businesses in the United Kingdom and CareerBuilder subsidiaries in Europe, totaled approximately $568 million in 2011, $564 million in 2010 and $621 million in 2009. The company’s long-lived assets in foreign countries, principally in the United Kingdom, totaled approximately $543 million at Dec. 25, 2011, $556 million at Dec. 26, 2010, and $535 million at Dec. 27, 2009. Separate financial data for each of the company’s business segments is presented in the table that follows. The accounting policies of the segments are those described in Note 1. The company evaluates the performance of its segments based on operating income. Operating income represents total revenue less operating expenses, including depreciation, amortization of intangibles and facility consolidation and asset impairment charges. In determining operating income by industry segment, general corporate expenses, interest expense, interest income, and other income and expense items of a non-operating nature are not considered, as such items are not allocated to the company’s segments. Corporate assets include cash and cash equivalents, property, plant and equipment used for corporate purposes and certain other financial investments. In thousands of dollars Business segment financial information
|  |  | September 30, |  |  |  | September 30, |  |  |  | September 30, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
Operating revenues |  |  |  |  |  |  |  |  |  |  |  |
Publishing |  | $ | 3,831,108 |  |  | $ | 4,050,839 |  |  | $ | 4,292,344 |
Digital |  |  | 686,471 |  |  |  | 618,259 |  |  |  | 586,174 |
Broadcasting |  |  | 722,410 |  |  |  | 769,580 |  |  |  | 631,085 |
Total |  | $ | 5,239,989 |  |  | $ | 5,438,678 |  |  | $ | 5,509,603 |
Operating income |  |  |  |  |  |  |  |  |  |  |  |
Publishing (2) |  | $ | 477,583 |  |  | $ | 647,741 |  |  | $ | 516,328 |
Digital (2) |  |  | 125,340 |  |  |  | 83,355 |  |  |  | 43,295 |
Broadcasting (2) |  |  | 302,140 |  |  |  | 329,245 |  |  |  | 216,101 |
Corporate (1) (2) |  |  | (74,272 | ) |  |  | (60,646 | ) |  |  | (56,806 | )
Total |  | $ | 830,791 |  |  | $ | 999,695 |  |  | $ | 718,918 |
Depreciation, amortization and facility consolidation and asset impairment charges |  |  |  |  |  |  |  |  |  |  |  |
Publishing (2) |  | $ | 148,537 |  |  | $ | 170,073 |  |  | $ | 255,733 |
Digital (2) |  |  | 30,693 |  |  |  | 43,313 |  |  |  | 59,489 |
Broadcasting (2) |  |  | 28,926 |  |  |  | 40,460 |  |  |  | 42,640 |
Corporate (1) (2) |  |  | 16,460 |  |  |  | 17,039 |  |  |  | 15,677 |
Total |  | $ | 224,616 |  |  | $ | 270,885 |  |  | $ | 373,539 |
Equity income (losses) in unconsolidated investees, net |  |  |  |  |  |  |  |  |  |  |  |
Publishing |  | $ | 8,543 |  |  | $ | 19,337 |  |  | $ | 4,010 |
Digital |  |  | (184 | ) |  |  | (197 | ) |  |  | (83 | )
Broadcasting |  |  | (162 | ) |  |  | — |  |  |  | — |
Total |  | $ | 8,197 |  |  | $ | 19,140 |  |  | $ | 3,927 |
Identifiable assets |  |  |  |  |  |  |  |  |  |  |  |
Publishing |  | $ | 3,032,605 |  |  | $ | 3,162,655 |  |  | $ | 3,417,026 |
Digital |  |  | 1,014,805 |  |  |  | 1,057,898 |  |  |  | 1,139,266 |
Broadcasting |  |  | 1,994,051 |  |  |  | 2,003,929 |  |  |  | 2,058,415 |
Corporate (1) |  |  | 574,989 |  |  |  | 592,362 |  |  |  | 533,725 |
Total |  | $ | 6,616,450 |  |  | $ | 6,816,844 |  |  | $ | 7,148,432 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
Publishing |  | $ | 40,175 |  |  | $ | 36,776 |  |  | $ | 44,935 |
Digital |  |  | 15,673 |  |  |  | 11,883 |  |  |  | 8,232 |
Broadcasting |  |  | 15,263 |  |  |  | 19,694 |  |  |  | 13,656 |
Corporate (1) |  |  | 1,340 |  |  |  | 717 |  |  |  | 914 |
Total |  | $ | 72,451 |  |  | $ | 69,070 |  |  | $ | 67,737 |
(1) | Corporate amounts represent those not directly related to the company’s three business segments.
(2) | Results for 2011 include pre-tax facility consolidation charges of $27 million for publishing. Results for 2010 include pre-tax facility consolidation and asset impairment charges of $36 million for publishing, $13 million for digital and $8 million for broadcasting. Results for 2009 include pre-tax facility consolidation and asset impairment charges of $99 million for publishing, $25 million for digital and $9 million for broadcasting. The asset impairment charges did not affect the company’s operations or cash flow. Refer to Notes 3 and 4 of the Consolidated Financial Statements for more information.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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