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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, 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
noncontrollinginterest ............ 1,433
Dividendspaidoncommonstock...... (80,844)
Dividends paid on redeemable preferred
stock ........................ (928)
Repurchase of Class B common stock . . . (60,956)
Issuance of Class B common stock, net of
restrictedstockawardforfeitures ..... (7,677) 7,538
Amortization of unearned stock
compensation and stock option
expense ...................... 9,346
Change in foreign currency translation
adjustment(netoftaxes) ........... 30,422
Change in unrealized gain on
available-for-sale securities (net of
taxes) ........................ 5,846
Adjustment for pensions and other
postretirementplans(netoftaxes) .... 78,924
Taxes arising from employee stock
plans ........................ (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
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
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(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) —
Net income for the year ............ 117,157
Net income attributable to redeemable
noncontrolling interest ........... (7)
Dividends paid on common stock ..... (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 restricted stock award
forfeitures .................... (8,040) 7,692
Amortization of unearned stock
compensation and stock option
expense ...................... 11,789
Change in foreign currency translation
adjustment (net of tax) ........... (16,268)
Change in unrealized gain on
available-for-sale securities (net of
taxes) ....................... 9,651
Adjustment for pensions and other
postretirement plans (net of taxes) .. (10,201)
Conversion of Class A common stock to
Class B common stock ........... (12) 12
Taxes arising from employee stock
plans ........................ (701)
Cash flow hedge ................. 8
Balance, December 31, 2011 ........ $ 1,229 $ 18,771 $ 252,767 $ 4,561,989 $ 21,338 $ 80,358 $ 63,625 $ 8 $ (2,398,189) $ —
See accompanying Notes to Consolidated Financial Statements.
2011 FORM 10-K 67