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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 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
Dividendspaidoncommonstock .... (81,215)
Dividends paid on redeemable
preferredstock ................ (946)
Repurchase of Class B common stock . . (98,960)
Issuance of Class B common stock, net
of restricted stock award
forfeitures ....................
5,845 2,575
Amortization of unearned stock
compensation and stock option
expense..................... 7,814
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)
Tax benefits arising from employee stock
plans....................... 762
Balance, December 28, 2008 ....... 1,292 18,708 232,201 4,313,287 (3,412) 72,646 (79,914) (1,697,268) 885
Netincomefortheyear ........... 91,200
Net loss attributable to noncontrolling
interest...................... 141 (141)
Net loss attributable to redeemable
noncontrolling interest ........... 1,433
Dividendspaidoncommonstock .... (80,844)
Dividends paid on redeemable
preferredstock ................ (928)
Repurchase of Class B common
stock ....................... (60,956)
Issuance of Class B common stock, net
of restricted stock award
forfeitures .................... (7,677) 7,538
Amortization of unearned stock
compensation and stock option
expense..................... 9,346
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
Taxes arising from employee
stockplans................... (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
Net income for the year ........... 278,020
Net income attributable to
noncontrollinginterest ........... (44) 44
Net loss attributable to redeemable
noncontrolling interest ........... 138
Dividendspaidoncommonstock .... (81,168)
Dividends paid on redeemable
preferredstock ................ (922)
Repurchase of Class B common
stock ....................... (404,816)
Forfeitures of restricted stock, net of
issuance of Class B common stock . .
597 (2,324)
Amortization of unearned stock
compensation and stock option
expense..................... 8,054
Change in foreign currency translation
adjustment (net of taxes) ......... 10,596
Change in unrealized gain on
available-for-sale securities (net of
taxes) ...................... (7,785)
Adjustment for pensions and other
postretirement plans (net of taxes) . . 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) $ —
See accompanying Notes to Consolidated Financial Statements.
66 THE WASHINGTON POST COMPANY