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Income taxes (Tables)

12 Months Ended

Dec. 29, 2013

Income Tax Disclosure [Abstract]

Provision (Benefit) for Income Taxes on Income from Continuing Operations

The provision (benefit) for income taxes consists of the following:

In thousands of dollars
2013	Current			Deferred			Total
Federal	$	95,000		$	39,400		$	134,400
State and other	(36,700		)	8,000			(28,700		)
Foreign	1,000			6,500			7,500
Total	$	59,300		$	53,900		$	113,200

In thousands of dollars
2012	Current			Deferred			Total
Federal	$	82,200		$	106,000		$	188,200
State and other	(2,600		)	17,100			14,500
Foreign	(6,900		)	(400		)	(7,300		)
Total	$	72,700		$	122,700		$	195,400

In thousands of dollars
2011	Current			Deferred			Total
Federal	$	81,500		$	74,600		$	156,100
State and other	(800		)	30,100			29,300
Foreign	(25,400		)	(7,200		)	(32,600		)
Total	$	55,300		$	97,500		$	152,800

Components of Income (Loss) from Continuing Operations Attributable to Gannett Co., Inc. Before Income Taxes

The components of net income attributable to Gannett Co., Inc. before income taxes consist of the following:

In thousands of dollars
	2013			2012			2011
Domestic	$	426,162		$	538,988		$	530,660
Foreign	75,718			80,692			80,888
Total	$	501,880		$	619,680		$	611,548

Reconciliation of Effective Tax Rate

The provision for income taxes on varies from the U.S. federal statutory tax rate as a result of the following differences:

	2013		2012		2011
U.S. statutory tax rate	35.0	%	35.0	%	35.0	%
Increase (decrease) in taxes resulting from:
Non-deductible goodwill impairment	—		5.2		—
State/other income taxes net of federal income tax	2.7		2.2		3.0
Statutory rate differential and permanent differences in earnings in foreign jurisdictions	(5.7	)	(5.6	)	(5.4	)
Audit resolutions	(7.9	)	(4.6	)	(4.2	)
Permanent stock basis deductions	—		—		(1.8	)
Lapse of statutes of limitations net of federal income tax	(2.6	)	(1.8	)	(1.6	)
Other, net	1.1		1.1		—
Effective tax rate	22.6	%	31.5	%	25.0	%

Deferred Tax Liabilities and Assets

Deferred tax liabilities and assets were composed of the following at the end of 2013 and 2012:

In thousands of dollars
	Dec. 29, 2013			Dec. 30, 2012
Liabilities
Accelerated depreciation	$	302,650		$	255,612
Accelerated amortization of deductible intangibles	678,744			174,229
Other	24,882			26,989
Total deferred tax liabilities	1,006,276			456,830
Assets
Accrued compensation costs	75,492			77,684
Pension	219,413			368,803
Postretirement medical and life	55,921			65,573
Federal tax benefits of uncertain state tax positions	12,474			31,002
Partnership investments including impairments	1,140			39,542
Loss carryforwards	74,018			58,596
Other	84,738			66,164
Total deferred tax assets	523,196			707,364
Valuation allowance	83,579			76,419
Total net deferred tax assets (liabilities)	$	(566,659	)	$	174,115
Amounts recognized in Consolidated Balance Sheets
Net current deferred tax assets	$	21,245		$	15,840
Net noncurrent deferred tax assets (liabilities)	$	(587,904	)	$	158,275

Summary of Activity Related to Unrecognized Tax Benefits, Excluding Federal Tax Benefit of State Tax Deductions

The following table summarizes the activity related to unrecognized tax benefits, excluding the federal tax benefit of state tax deductions:

In thousands of dollars
	Dec. 29, 2013			Dec. 30, 2012
Change in unrecognized tax benefits
Balance at beginning of year	$	86,180		$	110,282
Additions based on tax positions related to the current year	29,470			9,093
Additions for tax positions of prior years	4,710			11,929
Reductions for tax positions of prior years	(33,109		)	(30,110		)
Settlements	(1,246		)	(7,857		)
Reductions due to lapse of statutes of limitations	(28,681		)	(7,157		)
Balance at end of year	$	57,324		$	86,180

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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