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Supplemental Equity Information | 9 Months Ended
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Sep. 30, 2017
Equity [Abstract] |
Supplemental equity information | Supplemental equity information The following table summarizes equity account activity for the nine months ended September 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 | (29,881 | ) |  | (58,698 | ) |  | (88,579 | )
Redeemable noncontrolling interests (income not available to shareholders) | — |  |  | (2,797 | ) |  | (2,797 | )
Other comprehensive income | 34,241 |  |  | 5,819 |  |  | 40,060 |
Total comprehensive income (loss) | 4,360 |  |  | (55,676 | ) |  | (51,316 | )
Dividends declared | (60,121 | ) |  | — |  |  | (60,121 | )
Stock-based compensation | 14,189 |  |  | — |  |  | 14,189 |
Treasury shares acquired | (8,453 | ) |  | — |  |  | (8,453 | )
Spin-off of Cars.com | (1,510,851 | ) |  | — |  |  | (1,510,851 | )
Deconsolidation of CareerBuilder | — |  |  | (225,911 | ) |  | (225,911 | )
Other activity, including shares withheld for employee taxes | (4,667 | ) |  | — |  |  | (4,667 | )
Balance at Sept. 30, 2017 | $ | 705,875 |  |  | $ | — |  |  | $ | 705,875 |
Balance at Dec. 31, 2015 | $ | 2,191,971 |  |  | $ | 264,773 |  |  | $ | 2,456,744 |
Comprehensive income: |  |  |  |  |
Net income | 303,578 |  |  | 40,178 |  |  | 343,756 |
Redeemable noncontrolling interests (income not available to shareholders) | — |  |  | (3,628 | ) |  | (3,628 | )
Other comprehensive (loss) | (8,497 | ) |  | (3,737 | ) |  | (12,234 | )
Total comprehensive income | 295,081 |  |  | 32,813 |  |  | 327,894 |
Dividends declared | (90,755 | ) |  | — |  |  | (90,755 | )
Stock-based compensation | 13,216 |  |  | — |  |  | 13,216 |
Treasury shares acquired | (150,917 | ) |  | — |  |  | (150,917 | )
Spin-off of Publishing businesses | (39,456 | ) |  | — |  |  | (39,456 | )
Other activity, including shares withheld for employee taxes | (17,645 | ) |  | (2,923 | ) |  | (20,568 | )
Balance at Sept. 30, 2016 | $ | 2,201,495 |  |  | $ | 294,663 |  |  | $ | 2,496,158 |
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 June 30, 2017 | $ | (124,632 | ) |  | $ | (23,608 | ) |  | $ | 2,364 |  |  | $ | (145,876 | )
Other comprehensive income before reclassifications | — |  |  | 1,428 |  |  | — |  |  | 1,428 |
Amounts reclassified from AOCL | 1,351 |  |  | 22,024 |  |  | — |  |  | 23,375 |
Other comprehensive income | 1,351 |  |  | 23,452 |  |  | — |  |  | 24,803 |
Balance at Sept. 30, 2017 | $ | (123,281 | ) |  | $ | (156 | ) |  | $ | 2,364 |  |  | $ | (121,073 | )
Balance at June 30, 2016 | $ | (113,854 | ) |  | $ | (23,282 | ) |  | $ | 1,400 |  |  | $ | (135,736 | )
Other comprehensive loss before reclassifications | — |  |  | (1,043 | ) |  | (3,743 | ) |  | (4,786 | )
Amounts reclassified from AOCL | 1,075 |  |  | — |  |  | — |  |  | 1,075 |
Other comprehensive income (loss) | 1,075 |  |  | (1,043 | ) |  | (3,743 | ) |  | (3,711 | )
Balance at Sept. 30, 2016 | $ | (112,779 | ) |  | $ | (24,325 | ) |  | $ | (2,343 | ) |  | $ | (139,447 | )
| Retirement Plans |  | Foreign Currency Translation (1) |  | Other |  | Total
Nine Months Ended: |  |  |  |  |  |  |
Balance at Dec. 31, 2016 | $ | (127,341 | ) |  | $ | (28,560 | ) |  | $ | (5,672 | ) |  | $ | (161,573 | )
Other comprehensive income (loss) before reclassifications | — |  |  | 6,380 |  |  | (1,707 | ) |  | 4,673 |
Amounts reclassified from AOCL | 4,060 |  |  | 22,024 |  |  | 9,743 |  |  | 35,827 |
Other comprehensive income | 4,060 |  |  | 28,404 |  |  | 8,036 |  |  | 40,500 |
Balance at Sept. 30, 2017 | $ | (123,281 | ) |  | $ | (156 | ) |  | $ | 2,364 |  |  | $ | (121,073 | )
Balance at Dec. 31, 2015 | $ | (116,496 | ) |  | $ | (20,129 | ) |  | $ | 5,674 |  |  | $ | (130,951 | )
Other comprehensive loss before reclassifications | — |  |  | (4,196 | ) |  | (8,017 | ) |  | (12,213 | )
Amounts reclassified from AOCL | 3,717 |  |  | — |  |  | — |  |  | 3,717 |
Other comprehensive income (loss) | 3,717 |  |  | (4,196 | ) |  | (8,017 | ) |  | (8,496 | )
Balance at Sept. 30, 2016 | $ | (112,779 | ) |  | $ | (24,325 | ) |  | $ | (2,343 | ) |  | $ | (139,447 | )
(1) Our entire foreign currency translation adjustment is related to our CareerBuilder investment. As a result of deconsolidating the investment due to the sale of our majority ownership, we reclassified the translation adjustment from AOCL to the Consolidated Statement of Income as of the date of sale, July 31, 2017. Due to the noncontrolling stake that we retained in CareerBuilder, we will continue to record our ownership share of foreign currently translation adjustments through our equity method investment.
Reclassifications from AOCL to the Statement of Income are comprised of pension and other post-retirement components and a loss on our available for sale investment. Pension and other post retirement reclassifications are related to the amortization of prior service costs and amortization of actuarial losses. The loss on our available for sale investments represents an other than temporary impairment (OTTI) recognized on our investment in shares of common stock of Gannett Co., Inc. in the second quarter of 2017. The OTTI loss represents the amount of loss previously recorded to AOCL which was recognized as a non-operating expense on the Consolidated Statement of Income due to the fact that we did not expect the investment to fully recover the losses prior to our sale of it. We sold the entirety of our investment in Gannett Co., Inc. common stock in the third quarter of 2017. Amounts reclassified out of AOCL are summarized below (in thousands):
| Quarter ended Sept. 30, |  | Nine months ended Sept. 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Amortization of prior service (credit) cost | $ | 16 |  |  | $ | (22 | ) |  | $ | 48 |  |  | $ | 108 |
Amortization of actuarial loss | 2,185 |  |  | 1,785 |  |  | 6,555 |  |  | 5,977 |
Reclassification of CareerBuilder foreign currency translation | 22,024 |  |  | — |  |  | 22,024 |  |  | — |
Reclassification of available for sale investment | — |  |  | — |  |  | 9,743 |  |  | — |
Total reclassifications, before tax | 24,225 |  |  | 1,763 |  |  | 38,370 |  |  | 6,085 |
Income tax effect | (850 | ) |  | (688 | ) |  | (2,543 | ) |  | (2,368 | )
Total reclassifications, net of tax | $ | 23,375 |  |  | $ | 1,075 |  |  | $ | 35,827 |  |  | $ | 3,717 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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