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Supplemental Equity Information
6 Months Ended
Jun. 28, 2015
Equity [Abstract]  
Supplemental equity information
Supplemental equity information
The following table summarizes equity account activity for the twenty-six week periods ended June 28, 2015 and June 29, 2014:
In thousands
TEGNA Inc. Shareholders’ Equity
 
Noncontrolling Interests
 
Total Equity
 
 
 
 
 
 
Balance at Dec. 28, 2014
$
3,254,914

 
$
234,359

 
$
3,489,273

Comprehensive income:
 
 
 
 
 
Net income
228,761

 
30,213

 
258,974

Redeemable noncontrolling interest (income not available to shareholders)

 
(1,285
)
 
(1,285
)
Other comprehensive loss
18,386

 
(2,205
)
 
16,181

Total comprehensive income
247,147

 
26,723

 
273,870

Dividends declared
(90,840
)
 

 
(90,840
)
Stock-based compensation
11,875

 

 
11,875

Treasury shares acquired
(75,090
)
 

 
(75,090
)
Other activity
19,139

 
(916
)
 
18,223

Balance at Jun. 28, 2015
$
3,367,145

 
$
260,166

 
$
3,627,311

 
 
 
 
 
 
Balance at Dec. 29, 2013
$
2,693,098

 
$
201,695

 
$
2,894,793

Comprehensive income:
 
 
 
 
 
Net income
267,626

 
27,875

 
295,501

Redeemable noncontrolling interest (income not available to shareholders)

 
(1,850
)
 
(1,850
)
Other comprehensive income
35,513

 
1,061

 
36,574

Total comprehensive income
303,139

 
27,086

 
330,225

Dividends declared
(90,495
)
 

 
(90,495
)
Stock-based compensation
17,208

 

 
17,208

Treasury shares acquired
(75,815
)
 

 
(75,815
)
Other activity
10,976

 
(2,311
)
 
8,665

Balance at Jun. 29, 2014
$
2,858,111

 
$
226,470

 
$
3,084,581

In August 2012, our CareerBuilder subsidiary acquired 74% of Economic Modeling Specialists Intl. (EMSI), a software firm that specializes in employment data and labor market analytics. In March 2015, CareerBuilder purchased an additional 11% ownership interest in EMSI. Holders of the remaining 15% ownership interest in EMSI hold put rights that permit them to put their equity interest to CareerBuilder. Since redemption of EMSI noncontrolling interest is outside of our control, the balance is presented on the Condensed Consolidated Balance Sheets in the caption “Redeemable noncontrolling interest.”
The following table summarizes the components of, and the changes in, “Accumulated other comprehensive loss” (net of tax and noncontrolling interests):
In thousands
Retirement Plans
 
Foreign Currency Translation



Total
 
 
 
 
 
 
Thirteen Weeks:
 
 
 
 
 
Balance at Mar. 29, 2015
$
(1,145,406
)
 
$
364,369

 
$
(781,037
)
Other comprehensive income (loss) before reclassifications
(18,349
)
 
29,343

 
10,994

Amounts reclassified from accumulated other comprehensive income
9,660

 

 
9,660

Other comprehensive income (loss)
(8,689
)
 
29,343

 
20,654

Balance at Jun. 28, 2015
$
(1,154,095
)
 
$
393,712

 
$
(760,383
)
 
 
 
 
 
 
Balance at Mar. 30, 2014
$
(899,026
)
 
$
431,830

 
$
(467,196
)
Other comprehensive income (loss) before reclassifications
(11,042
)
 
12,808

 
1,766

Amounts reclassified from accumulated other comprehensive income
6,888

 

 
6,888

Other comprehensive income (loss)
(4,154
)
 
12,808

 
8,654

Balance at Jun. 29, 2014
$
(903,180
)
 
$
444,638

 
$
(458,542
)
 
 
 
 
 
 
Twenty-six Weeks:
 
 
 
 
 
Balance at Dec. 28, 2014
$
(1,169,882
)
 
$
391,113

 
$
(778,769
)
Other comprehensive income (loss) before reclassifications
(3,518
)
 
2,599

 
(919
)
Amounts reclassified from accumulated other comprehensive income
19,305

 

 
19,305

Other comprehensive income
15,787

 
2,599

 
18,386

Balance at Jun. 28, 2015
$
(1,154,095
)
 
$
393,712

 
$
(760,383
)
 
 
 
 
 
 
Balance at Dec. 29, 2013
$
(921,232
)
 
$
427,177

 
$
(494,055
)
Other comprehensive income before reclassifications
4,062

 
17,461

 
21,523

Amounts reclassified from accumulated other comprehensive income
13,990

 

 
13,990

Other comprehensive income
18,052

 
17,461

 
35,513

Balance at Jun. 29, 2014
$
(903,180
)
 
$
444,638

 
$
(458,542
)

Accumulated other comprehensive loss components are included in computing net periodic post-retirement costs (see Notes 6 and 7 for more detail). Reclassifications out of accumulated other comprehensive loss related to these post-retirement plans include the following:
In thousands
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
 
Jun. 28, 2015
 
Jun. 29, 2014
 
Jun. 28, 2015
 
Jun. 29, 2014
 
 
 
 
 
 
 
 
Amortization of prior service credit
$
(618
)
 
$
(1,215
)
 
$
(1,236
)
 
$
(1,700
)
Amortization of actuarial loss
15,713

 
11,798

 
31,408

 
23,233

Total reclassifications, before tax
15,095

 
10,583

 
30,172

 
21,533

Income tax effect
(5,435
)
 
(3,695
)
 
(10,867
)
 
(7,543
)
Total reclassifications, net of tax
$
9,660

 
$
6,888

 
$
19,305

 
$
13,990