Washington Post 2009 Annual Report Download - page 72

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THE WASHINGTON POST COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN COMMON SHAREHOLDERS’ 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 on
Available-
for-Sale
Securities
Unrealized
Gain (Loss)
on Pensions
and Other
Postretirement
Plans Treasury
Stock Noncontrolling
Interest
Balance, December 31, 2006 .............. $1,722 $18,278 $205,820 $4,120,143 $ 22,689 $ 84,614 $ 270,258 $(1,564,010) $ 453
Net income for the year ................. 288,965
Net income attributable to noncontrolling
interest ............................ (358) 358
Dividends paid on common stock — $8.20 per
share ............................. (78,072)
Dividends paid on redeemable
preferredstock ...................... (952)
Repurchase of 54,506 shares of Class B
common stock ....................... (42,031)
Issuance of 34,363 shares of Class B common
stock, net of restricted stock
awardforfeitures .....................
2,699 5,158
Amortization of unearned stock compensation . . 6,563
Change in foreign currency translation
adjustment (net of taxes) ............... 20,156
Change in unrealized gain on available-for-sale
securities (net of taxes) ................. 68,925
Adjustment for pensions and other
postretirement plans (net of taxes) ......... 27,894
Stock option expense ................... 1,225
Conversion of Class A common stock to Class
B common stock ..................... (430) 430
Tax benefits arising from employee stock
plans..............................
1,473
Balance, December 30, 2007 .............. 1,292 18,708 217,780 4,329,726 42,845 153,539 298,152 (1,600,883) 811
Net income for the year ................. 65,796
Net income attributable to noncontrolling
interest ............................ (74) 74
Dividends paid on common stock — $8.60 per
share ............................. (81,215)
Dividends paid on redeemable
preferredstock ...................... (946)
Repurchase of 167,642 shares of Class B
common stock ....................... (98,960)
Issuance of 16,827 shares of Class B common
stock, net of restricted stock
awardforfeitures ..................... 5,845 2,575
Amortization of unearned stock compensation . . 6,736
Change in foreign currency translation
adjustment (net of taxes) ............... (46,257)
Change in unrealized gain on available-for-sale
securities (net of taxes) ................. (80,893)
Adjustment for pensions and other
postretirement plans (net of taxes) ......... (378,066)
Stock option expense ................... 1,078
Tax benefits arising from employee
stockplans ......................... 762
Balance, December 28, 2008 .............. 1,292 18,708 232,201 4,313,287 (3,412) 72,646 (79,914) (1,697,268) 885
Net income for the year ................. 91,200
Net loss attributable to noncontrolling interest . . 141 (141)
Net loss attributable to redeemable
noncontrolling interest ................. 1,433
Dividends paid on common stock — $8.60 per
share ............................. (80,844)
Dividends paid on redeemable
preferredstock ...................... (928)
Repurchase of 145,040 shares of Class B
common stock ....................... (60,956)
Issuance of 46,621 shares of Class B common
stock, net of restricted stock
awardforfeitures .....................
(7,677) 7,538
Amortization of unearned stock compensation . . 7,949
Change in foreign currency translation
adjustment (net of taxes) ............... 30,422
Change in unrealized gain on available-for-sale
securities (net of taxes) ................. 5,846
Adjustment for pensions and other
postretirement plans (net of taxes) ......... 78,924
Stock option expense ................... 1,397
Taxesarisingfromemployeestockplans ...... (1,719)
Other ............................... 9,284 (273)
Balance, January 3, 2010 ................. $ 1,292 $ 18,708 $ 241,435 $ 4,324,289 $ 27,010 $ 78,492 $ (990) $ (1,750,686) $ 471
See accompanying Notes to Consolidated Financial Statements.
58 THE WASHINGTON POST COMPANY