XML 43 R24.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Supplemental Equity Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Equity [Abstract] |
Schedule of Equity | The following table summarizes equity account activity for the six months ended June 30, 2017 and 2016 (in thousands):
| TEGNA Inc. Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity
Balance at Dec. 31, 2016 | $ | 2,271,418 |  |  | $ | 281,587 |  |  | $ | 2,553,005 |
Comprehensive income: |  |  |  |  |
Net loss | (72,638 | ) |  | (55,892 | ) |  | (128,530 | )
Redeemable noncontrolling interests (income not available to shareholders) | — |  |  | (2,832 | ) |  | (2,832 | )
Other comprehensive income | 9,438 |  |  | 4,409 |  |  | 13,847 |
Total comprehensive loss | (63,200 | ) |  | (54,315 | ) |  | (117,515 | )
Dividends declared | (45,055 | ) |  | — |  |  | (45,055 | )
Stock-based compensation | 10,160 |  |  | — |  |  | 10,160 |
Treasury shares acquired | (8,453 | ) |  | — |  |  | (8,453 | )
Spin-off of businesses | (1,510,342 | ) |  | — |  |  | (1,510,342 | )
Other activity, including shares withheld for employee taxes | (5,443 | ) |  | (2,179 | ) |  | (7,622 | )
Balance at June 30, 2017 | $ | 649,085 |  |  | $ | 225,093 |  |  | $ | 874,178 |
Balance at Dec. 31, 2015 | $ | 2,191,971 |  |  | $ | 264,773 |  |  | $ | 2,456,744 |
Comprehensive income: |  |  |  |  |
Net income | 184,895 |  |  | 25,426 |  |  | 210,321 |
Redeemable noncontrolling interests (income not available to shareholders) | — |  |  | (2,275 | ) |  | (2,275 | )
Other comprehensive income (loss) | (4,786 | ) |  | (2,808 | ) |  | (7,594 | )
Total comprehensive income | 180,109 |  |  | 20,343 |  |  | 200,452 |
Dividends declared | (60,747 | ) |  | — |  |  | (60,747 | )
Stock-based compensation | 9,055 |  |  | — |  |  | 9,055 |
Treasury shares acquired | (150,917 | ) |  | — |  |  | (150,917 | )
Other activity, including shares withheld for employee taxes and tax windfall benefits | (18,479 | ) |  | (1,922 | ) |  | (20,401 | )
Balance at June 30, 2016 | $ | 2,150,992 |  |  | $ | 283,194 |  |  | $ | 2,434,186 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the components of, and the changes in, Accumulated Other Comprehensive Loss (AOCL), net of tax and noncontrolling interests (in thousands):
| Retirement Plans |  | Foreign Currency Translation (1) |  | Other |  | Total
Quarters Ended: |  |  |  |  |  |  |
Balance at Mar. 31, 2017 | $ | (126,063 | ) |  | $ | (27,363 | ) |  | $ | (7,965 | ) |  | $ | (161,391 | )
Other comprehensive loss before reclassifications | — |  |  | 3,755 |  |  | 586 |  |  | 4,341 |
Amounts reclassified from AOCL | 1,431 |  |  | — |  |  | 9,743 |  |  | 11,174 |
Other comprehensive income | 1,431 |  |  | 3,755 |  |  | 10,329 |  |  | 15,515 |
Balance at June 30, 2017 | $ | (124,632 | ) |  | $ | (23,608 | ) |  | $ | 2,364 |  |  | $ | (145,876 | )
Balance at Mar. 31, 2016 | $ | (115,334 | ) |  | $ | (19,494 | ) |  | $ | 3,691 |  |  | $ | (131,137 | )
Other comprehensive income (loss) before reclassifications | — |  |  | (3,788 | ) |  | (2,292 | ) |  | (6,080 | )
Amounts reclassified from AOCL | 1,480 |  |  | — |  |  | — |  |  | 1,480 |
Other comprehensive income (loss) | 1,480 |  |  | (3,788 | ) |  | (2,292 | ) |  | (4,600 | )
Balance at June 30, 2016 | $ | (113,854 | ) |  | $ | (23,282 | ) |  | $ | 1,399 |  |  | $ | (135,737 | )
| Retirement Plans |  | Foreign Currency Translation (1) |  | Other |  | Total
Six Months Ended: |  |  |  |  |  |  |
Balance at Dec. 31, 2016 | $ | (127,341 | ) |  | $ | (28,560 | ) |  | $ | (5,672 | ) |  | $ | (161,573 | )
Other comprehensive loss before reclassifications | — |  |  | 4,952 |  |  | (1,707 | ) |  | 3,245 |
Amounts reclassified from AOCL | 2,709 |  |  | — |  |  | 9,743 |  |  | 12,452 |
Other comprehensive income (loss) | 2,709 |  |  | 4,952 |  |  | 8,036 |  |  | 15,697 |
Balance at June 30, 2017 | $ | (124,632 | ) |  | $ | (23,608 | ) |  | $ | 2,364 |  |  | $ | (145,876 | )
Balance at Dec. 31, 2015 | $ | (116,496 | ) |  | $ | (20,129 | ) |  | $ | 5,674 |  |  | $ | (130,951 | )
Other comprehensive income (loss) before reclassifications | — |  |  | (3,153 | ) |  | (4,275 | ) |  | (7,428 | )
Amounts reclassified from AOCL | 2,642 |  |  | — |  |  | — |  |  | 2,642 |
Other comprehensive income (loss) | 2,642 |  |  | (3,153 | ) |  | (4,275 | ) |  | (4,786 | )
Balance at June 30, 2016 | $ | (113,854 | ) |  | $ | (23,282 | ) |  | $ | 1,399 |  |  | $ | (135,737 | )
(1) Our entire foreign currency translation adjustment is related to our CareerBuilder business which is held for sale as of June 30, 2017 (see Note 12).
Reclassification out of Accumulated Other Comprehensive Income | Amounts reclassified out of AOCL are summarized below (in thousands):
| Quarter ended June 30, |  | Six months ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Amortization of prior service cost | $ | 32 |  |  | $ | 80 |  |  | $ | 32 |  |  | $ | 130 |
Amortization of actuarial loss | 2,295 |  |  | 2,342 |  |  | 4,370 |  |  | 4,192 |
Reclassification of available for sale investment | 9,743 |  |  | — |  |  | 9,743 |  |  | — |
Total reclassifications, before tax | 12,070 |  |  | 2,422 |  |  | 14,145 |  |  | 4,322 |
Income tax effect | (896 | ) |  | (942 | ) |  | (1,693 | ) |  | (1,680 | )
Total reclassifications, net of tax | $ | 11,174 |  |  | $ | 1,480 |  |  | $ | 12,452 |  |  | $ | 2,642 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21463-112644 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration