Washington Post 2012 Annual Report Download - page 82

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THE WASHINGTON POST COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN COMMON STOCKHOLDERS’ EQUITY
(in thousands)
Class A
Common
Stock
Class B
Common
Stock
Capital in
Excess of
Par Value Retained
Earnings
Cumulative
Foreign
Currency
Translation
Adjustment
Unrealized
Gain (Loss)
on
Available-
for-Sale
Securities
Unrealized
Gain (Loss) on
Pensions and
Other
Postretirement
Plans
Cash
Flow
Hedge Treasury
Stock Noncontrolling
Interest
Balance, January 3, 2010 ........... $1,292 $18,708$241,435 $4,324,289 $ 27,010 $ 78,492 $ (990) $ —$(1,750,686) $ 471
Netincomefortheyear ............. 278,020
Net income attributable to noncontrolling
interest........................ (44) 44
Net loss attributable to redeemable
noncontrollinginterest ............. 138
Dividendspaidoncommonstock ...... (81,168)
Dividends paid on redeemable preferred
stock ......................... (922)
Repurchase of Class B common stock . . . (404,816)
Forfeitures of restricted stock, net of
issuanceofClassBcommonstock .... 597 (2,324)
Amortization of unearned stock
compensation and stock option
expense ...................... 8,054
Change in foreign currency translation
adjustment(netoftaxes) ........... 10,596
Change in unrealized gain on available-
for-salesecurities(netoftaxes) ....... (7,785)
Adjustment for pensions and other
postretirementplans(netoftaxes) ..... 74,816
Conversion of Class A common stock to
ClassBcommonstock ............ (51) 51
Taxes arising from employee stock
plans......................... (348)
Other .......................... (19) 19 (515)
Balance, January 2, 2011 ........... 1,241 18,759 249,719 4,520,332 37,606 70,707 73,826 —(2,157,826) —
Netincomefortheyear ............. 117,157
Net loss attributable to redeemable
noncontrollinginterest ............. (7)
Dividendspaidoncommonstock ...... (74,576)
Dividends paid on redeemable preferred
stock ......................... (917)
Repurchase of Class B common stock . . . (248,055)
Issuance of Class B common stock, net of
restrictedstockawardforfeitures...... (8,040) 7,692
Amortization of unearned stock
compensation and stock option
expense ...................... 11,789
Change in foreign currency translation
adjustment(netoftaxes) ........... (16,268)
Change in unrealized gain on available-
for-salesecurities(netoftaxes) ....... 9,651
Adjustment for pensions and other
postretirementplans(netoftaxes) ..... (10,201)
Conversion of Class A common stock to
ClassBcommonstock ............ (12) 12
Taxes arising from employee stock
plans......................... (701)
Cashflowhedge .................. 8
Balance, December 31, 2011 ........ 1,229 18,771 252,767 4,561,989 21,338 80,358 63,625 8 (2,398,189) —
Net income for the year ............ 132,187
Acquisitions and noncontrolling
interest ....................... 191
Netincomeattributableto
noncontrolling interests ........... (51) 51
Net income attributable to redeemable
noncontrolling interests ........... (23)
Distribution to noncontrolling interests .. (52)
Dividends paid on common stock ..... (146,432)
Dividends paid on redeemable
preferred stock ................. (895)
Repurchase of Class B common stock ... (103,196)
Issuance of Class B common stock, net of
restricted stock award forfeitures .... (27,423) 27,038
Amortization of unearned stock
compensation and stock option
expense ...................... 14,662
Change in foreign currency translation
adjustment (net of tax) ............ 4,734
Change in unrealized gain on available-
for-sale securities (net of taxes) ..... 30,195
Adjustment for pensions and other
postretirement plans (net of taxes) ... 53,544
Conversion of Class A common stock to
Class B common stock ............ (10) 10
Taxes arising from employee stock
plans ........................ 740
Cash flow hedge .................. (948)
Balance, December 31, 2012 ........ $ 1,219 $ 18,781 $ 240,746 $ 4,546,775 $ 26,072 $110,553 $117,169 $(940) $ (2,474,347) $ 190
See accompanying Notes to Consolidated Financial Statements.
70 THE WASHINGTON POST COMPANY