Mcclatchy (MNIQQ) 10-Q7 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 29, 2013	Oct. 31, 2013	Oct. 31, 2013
	Sep. 29, 2013	Common Class A	Common Class B
Entity Registrant Name	'MCCLATCHY CO	'	'
Entity Central Index Key	'0001056087	'	'
Document Type	'10-Q	'	'
Document Period End Date	29-Sep-13	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-29	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	61,538,608	24,800,962
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'Q3	'	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
REVENUES - NET:	'	'	'	'
Advertising	$194,862	$212,023	$599,636	$644,352
Circulation	86,960	81,639	261,253	250,830
Other	11,788	12,670	36,619	37,965
Revenues, total	293,610	306,332	897,508	933,147
OPERATING EXPENSES:	'	'	'	'
Compensation	105,239	108,421	325,972	329,156
Newsprint, supplements and printing expenses	28,908	33,058	90,462	102,365
Depreciation and amortization	27,491	30,741	87,856	92,304
Other operating expenses	104,401	101,633	313,588	305,933
Operating expenses, total	266,039	273,853	817,878	829,758
OPERATING INCOME	27,571	32,479	79,630	103,389
NON-OPERATING (EXPENSE) INCOME:	'	'	'	'
Interest expense	-33,531	-39,718	-102,920	-112,825
Interest income	17	20	48	70
Equity income in unconsolidated companies, net	13,979	11,728	35,108	27,080
Gain (loss) on extinguishment of debt, net	-873	-12	-13,643	6,074
Gain on sale of Miami property	2,925	'	12,938	'
Other - net	88	40	181	83
Non-operating (expense) income, total	-17,395	-27,942	-68,288	-79,518
Income before income taxes	10,176	4,537	11,342	23,871
Income tax provision (benefit)	2,911	-556	5,066	-6,000
NET INCOME	$7,265	$5,093	$6,276	$29,871
Net income per common share:	'	'	'	'
Basic (in dollars per share)	$0.08	$0.06	$0.07	$0.35
Diluted (in dollars per share)	$0.08	$0.06	$0.07	$0.35
Weighted average number of common shares used to calculate basic and diluted earnings per share:	'	'	'	'
Basic (in shares)	86,291	85,840	86,154	85,691
Diluted (in shares)	87,230	86,369	87,035	86,417

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
NET INCOME	$7,265	$5,093	$6,276	$29,871
Pension and post retirement plans:	'	'	'	'
Unamortized net loss and other components of benefit plans, net of taxes of $(2,258), $(1,100), $(6,773) and $(3,299)	3,387	1,650	10,160	4,949
Investment in unconsolidated companies:	'	'	'	'
Other comprehensive income (loss), net of taxes of $(43), $(140), $444 and $721	65	211	-666	-1,081
Other comprehensive income	3,452	1,861	9,494	3,868
Comprehensive income	$10,717	$6,954	$15,770	$33,739

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Unamortized net loss and other components of benefit plans, taxes	($2,258)	($1,100)	($6,773)	($3,299)
Other comprehensive loss, taxes	($43)	($140)	$444	$721

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET (USD $)	Sep. 29, 2013	Dec. 30, 2012
In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012
Current assets:	'	'
Cash and cash equivalents	$45,431	$113,088
Trade receivables (net of allowances of $5,614 and $5,920, respectively)	131,585	177,225
Other receivables	11,437	9,555
Newsprint, ink and other inventories	25,329	30,145
Deferred income taxes	14,406	14,406
Other current assets	21,133	31,558
Total current assets	249,321	375,977
Property, plant and equipment, net	484,438	733,729
Intangible assets:	'	'
Identifiable intangibles - net	485,625	528,002
Goodwill	1,012,914	1,012,011
Total intangible assets	1,498,539	1,540,013
Investments and other assets:	'	'
Investments in unconsolidated companies	331,181	299,603
Other assets	44,907	55,809
Total investments and other assets	376,088	355,412
TOTAL ASSETS	2,608,386	3,005,131
Current liabilities:	'	'
Current portion of long-term debt	'	83,016
Accounts payable	42,036	48,588
Accrued pension liabilities	8,434	15,830
Accrued compensation	42,427	39,124
Income taxes payable	'	2,327
Unearned revenue	69,523	69,492
Accrued interest	28,721	18,675
Other accrued liabilities	17,284	14,273
Total current liabilities	208,425	291,325
Non-current liabilities :	'	'
Long-term debt	1,520,728	1,587,330
Deferred income taxes	27,196	39,719
Pension and postretirement obligations	696,067	712,584
Financing obligations	40,743	279,325
Other long-term obligations	54,968	52,347
Total non-current liabilities	2,339,702	2,671,305
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Additional paid-in capital	2,222,880	2,219,163
Accumulated deficit	-1,689,900	-1,696,176
Treasury stock at cost, 569,258 shares in 2013 and 6,034 shares in 2012	-1,768	-29
Accumulated other comprehensive loss	-471,822	-481,316
Total stockholders' equity	60,259	42,501
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	2,608,386	3,005,131
Common Class A	'	'
Stockholders' equity:	'	'
Common stock	621	611
Common Class B	'	'
Stockholders' equity:	'	'
Common stock	$248	$248

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)	Sep. 29, 2013	Dec. 30, 2012
In Thousands, except Share data, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012
Trade receivables, allowance	$5,614	$5,920
Common stock, par value (in dollars per share)	$0.01	$0.01
Treasury stock, shares	569,258	6,034
Common Class A	'	'
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	62,106,570	61,098,820
Common Class B	'	'
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	24,800,962	24,800,962

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net Income	$6,276	$29,871
Reconciliation to net cash from continuing operations:	'	'
Depreciation and amortization	87,856	92,304
Contributions to qualified defined benefit pension plan	-7,500	-40,000
Retirement benefit expense	9,122	1,312
Stock-based compensation expense	2,834	2,734
Equity income in unconsolidated companies	-35,108	-27,080
(Gain) loss on extinguishment of debt	13,643	-6,074
Gain on disposal of Miami property	-12,938	'
Net (gain) loss on disposal of equipment	1,462	-395
Other	-3,212	1,069
Changes in certain assets and liabilities:	'	'
Trade receivables	45,640	37,720
Inventories	4,816	-3,449
Other assets	3,797	-2,591
Accounts payable	-6,552	5,417
Accrued compensation	3,307	-2,673
Income taxes	-17,225	-56,598
Accrued interest	10,046	-32,285
Other liabilities	8,355	5,980
Net cash provided by operating activities	114,619	5,262
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchases of property, plant and equipment	-26,520	-18,979
Proceeds from sale of property, plant and equipment and other	1,656	1,361
Purchase of certificate of deposits	'	-2,222
Proceed from redemption of certificates of deposit	2,210	'
Distribution of equity investments	3,780	2,700
Proceeds from return of insurance-related deposit	6,400	'
Equity investments and other	-2,819	-2,000
Net cash used in investing activities	-15,293	-19,140
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Repurchase of public notes and related expenses	-165,549	-59,243
Proceeds from financing obligation related to Miami transaction	'	6,000
Other	-1,434	-3,150
Net cash used in financing activities	-166,983	-56,393
Decrease in cash and cash equivalents	-67,657	-70,271
Cash and cash equivalents at beginning of period	113,088	86,020
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$45,431	$15,749

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
SIGNIFICANT ACCOUNTING POLICIES	Sep. 29, 2013
SIGNIFICANT ACCOUNTING POLICIES	'
SIGNIFICANT ACCOUNTING POLICIES	'
	1. SIGNIFICANT ACCOUNTING POLICIES

	Business and Basis of Accounting

	The McClatchy Company (the “Company,” “we,” “us” or “our”) is a leading news, advertising and information provider, offering a wide array of print and digital products in each of the markets it serves. As the third largest newspaper company in the United States, based on daily circulation, our operations include 30 daily newspapers, community newspapers, websites, mobile news and advertising, niche publications, direct marketing and direct mail services. Our largest newspapers include the (Fort Worth) Star-Telegram, The Sacramento Bee, The Kansas City Star, the Miami Herald, The Charlotte Observer and The (Raleigh) News & Observer. We are listed on the New York Stock Exchange under the symbol MNI.

	We also own a portfolio of premium digital assets, including 15.0% of CareerBuilder LLC, which operates the nation’s largest online jobs website, CareerBuilder.com; 25.6% of Classified Ventures LLC, a company that offers classified websites such as the auto website Cars.com and the rental website Apartments.com; 33.3% of HomeFinder LLC, which operates the online real estate website HomeFinder.com; and 12.2% of Wanderful Media, owner of Find & Save®, a digital shopping portal that provides advertisers with a common platform to reach online audiences with digital circulars, coupons and display advertising.

	The condensed consolidated financial statements include the Company and our subsidiaries. Intercompany items and transactions are eliminated. Preparation of the financial statements in conformity with accounting principles generally accepted in the United States and pursuant to the rules and regulation of the Securities and Exchange Commission requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.

	In our opinion, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary to present fairly our financial position, results of operations, and cash flows for the interim periods presented. The financial statements contained in this report are not necessarily indicative of the results to be expected for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K and Amendment No. 1 to the Form 10-K for the year ended December 30, 2012 (collectively “Form 10-K”). The fiscal periods included herein comprise 13 weeks and 39 weeks for the third-quarter and nine-month periods, respectively.

	Outsourcing Agreement

	In October 2013, we entered into an outsourcing agreement to print one of our newspapers beginning in late February 2014. As a result, we expect to incur non-cash charges, including accelerated depreciation and other charges related to our existing facilities and production equipment of up to $15 million in the fourth quarter of 2013. We do not anticipate any material cash expenses during the fourth quarter of 2013 related to this agreement.

	Circulation Delivery Contract Accounting Correction

	Subsequent to the issuance of our consolidated financial statements on March 6, 2013, we determined that circulation revenues associated with our “fee for service” contracts with distributors and carriers should be presented on a gross basis, as opposed to on a net basis, as we are established as the primary obligor through subscriber agreements. The difference in presentation results in delivery costs associated with these contracts being reported as other operating expenses, rather than as a reduction in circulation revenues, in our condensed consolidated statements of operations. This correction resulted in an increase to circulation revenues and equivalent increases to other operating expenses of $18.9 million and $58.1 million in the quarter and nine months ended September 23, 2012, respectively. We believe this correction is not material to our previously issued financial statements for prior periods. There is no impact to the previously reported operating income, net income, net income per common share or cash flows from operating activities in any of the periods presented.

	Fair Value of Financial Instruments

	We account for certain assets and liabilities at fair value. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. We categorize each of our fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are:

	Level 1 – Unadjusted quoted prices available in active markets for identical investments as of the reporting date.

	Level 2 – Observable inputs to the valuation methodology are other than Level 1 inputs and are either directly or indirectly observable as of the reporting date and fair value can be determined through the use of models or other valuation methodologies.

	Level 3 – Inputs to the valuation methodology are unobservable inputs in situations where there is little or no market activity for the asset or liability, and the reporting entity makes estimates and assumptions related to the pricing of the asset or liability including assumptions regarding risk.

	Our policy is to recognize significant transfers between levels at the actual date of the event or circumstance that caused the transfer. The following methods and assumptions were used to estimate the fair value of each class of financial instruments:

	Cash and cash equivalents, accounts receivable and accounts payable. The carrying amount of these items approximates fair value.

	Long-term debt. The fair value of long-term debt is determined using quoted market prices and other inputs that were derived from available market information including the current market activity of our publicly-traded notes and bank debt, trends in investor demand and market values of comparable publicly-traded debt. These are considered to be Level 2 inputs under the fair value measurements and disclosure guidance, and may not be representative of actual value. At September 29, 2013, the estimated fair value and carrying value of long-term debt was $1.5 billion.

	Intangible Assets and Goodwill

	Intangible assets (primarily advertiser lists, subscriber lists and developed technology) and goodwill consisted of the following:

			December 30,			Acquired			Amortization		September 29,
	(in thousands)		2012			Assets			Expense		2013
	Intangible assets subject to amortization		$	834,961		$	500		—		$	835,461
	Accumulated amortization		-510,546			—			$	-42,877	-553,423
			324,415			500			-42,877		282,038
	Mastheads		203,587			—			N/A		203,587
	Goodwill		1,012,011			903			N/A		1,012,914
	Total		$	1,540,013		$	1,403		$	-42,877	$	1,498,539

	During the nine months ended September 29, 2013, we completed a small acquisition, which is reflected in goodwill and intangible assets subject to amortization.

	Amortization expense with respect to intangible assets is summarized below:

			Quarter Ended						Nine Months Ended
			September 29,			September 23,			September 29,		September 23,
	(in thousands)		2013			2012			2013		2012
	Amortization expense		$	14,375		$	14,251		$	42,877	$	42,811


	The estimated amortization expense for the remainder of fiscal year 2013 and the five succeeding fiscal years is as follows:

			Amortization
			Expense
Year		(in thousands)
2013 (remainder)		$	14,304
2014		52,757
2015		48,086
2016		47,721
2017		48,552
2018		46,977


Accumulated Other Comprehensive Loss

Our accumulated other comprehensive loss (“AOCL”) and reclassifications from AOCL, net of tax, consisted of the following:

(in thousands)		Minimum			Other			Total
		Pension and			Comprehensive
		Post-			Loss Related to
		Retirement			Equity
		Liability			Investments
Beginning balance - December 30, 2012		$	-473,448		$	-7,868		$	-481,316
Other comprehensive income (loss) before reclassifications		—			-666			-666
Amounts reclassified from AOCL		10,160			—			10,160
Other comprehensive income (loss)		10,160			-666			9,494
Ending balance - September 29, 2013		$	-463,288		$	-8,534		$	-471,822

		Amount Reclassified from AOCL
		(in thousands)
		Quarter Ended			Nine Months
		Quarter Ended			Ended
		September 29,			September 29,			Affected Line in the Condensed
AOCL Component		2013			2013			Consolidated Statements of Operations
Minimum pension and post-retirement liability		$	5,645		$	16,933		Compensation
		-2,258			-6,773			Provision for income taxes
		$	3,387		$	10,160		Net of tax

Income Taxes

We account for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse.

We recognize accrued interest related to unrecognized tax benefits in interest expense. Accrued penalties are recognized as a component of income tax expense.

Earnings Per Share (EPS)

Basic EPS excludes dilution from common stock equivalents and reflects income divided by the weighted average number of common shares outstanding for the period. Diluted EPS is based upon the weighted average number of outstanding shares of common stock and dilutive common stock equivalents in the period. Common stock equivalents arise from dilutive stock options, restricted stock units and restricted stock and are computed using the treasury stock method. Anti-dilutive common stock equivalents are excluded from diluted EPS. The weighted average anti-dilutive stock options that could potentially dilute basic EPS in the future, but were not included in the weighted average share calculation, consisted of the following:

		Quarter Ended				Nine Months Ended
		September 29,		September 23,		September 29,		September 23,
(shares in thousands)		2013		2012		2013		2012
Anti-dilutive stock options		4,990		6,654		4,936		6,322

Cash Flow Information

Cash paid for interest and income taxes consisted of the following:

		Nine Months Ended
		September 29,			September 23,
(in thousands)		2013			2012
Interest paid (net of amount capitalized)		$	82,990		$	139,437
Income taxes paid (net of amounts received)		13,202			35,945


As of September 29, 2013, other non-cash financing activities included the release of $238.1 million for the financing obligation related to the Miami property transaction because we no longer have a continuing involvement with the Miami property (see Note 3). As of September 29, 2013, other non-cash investing activities included the release of $227.7 million from property, plant and equipment (“PP&E”), which also relates to the conclusion of the Miami property transaction. In addition, other non-cash financing activities as of September 29, 2013 and September 23, 2012, related to purchases of PP&E on credit, were $0.4 million and $3.6 million, respectively.

Recently Adopted Accounting Pronouncements

During the first quarter of 2013, we adopted the Financial Accounting Standards Board (“FASB”) accounting standards update (“ASU”) issued in February 2013. The ASU requires new disclosures about reclassifications from accumulated other comprehensive loss to net income. These disclosures may be presented on the face of the statements or in the notes to the consolidated financial statements. Accordingly, we have presented reclassifications from accumulated other comprehensive loss to the condensed consolidated statements of operations in the notes to our condensed consolidated financial statements.

During the first quarter of 2013, we adopted the FASB ASU issued in July 2012. The ASU provides new guidance on annual impairment testing of indefinite-lived intangible assets. The ASU allows an entity to first assess qualitative factors to determine if it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount. If based on its qualitative assessment an entity concludes it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount, quantitative impairment testing is required. However, if an entity concludes otherwise, quantitative impairment testing is not required. The adoption of this standard did not impact our condensed consolidated financial statements.

INVESTMENTS_IN_UNCONSOLIDATED_

INVESTMENTS IN UNCONSOLIDATED COMPANIES	9 Months Ended
INVESTMENTS IN UNCONSOLIDATED COMPANIES	Sep. 29, 2013
INVESTMENTS IN UNCONSOLIDATED COMPANIES	'
INVESTMENTS IN UNCONSOLIDATED COMPANIES	'
	2. INVESTMENTS IN UNCONSOLIDATED COMPANIES

	The carrying value of investments in unconsolidated companies consisted of the following:

	(in thousands)	% Ownership		September 29,			December 30,
	Company	Interest		2013			2012
	CareerBuilder, LLC	15		$	223,401		$	210,365
	Classified Ventures, LLC	25.6		90,778			69,907
	HomeFinder, LLC	33.3		1,535			2,573
	Wanderful Media	12.2		3,094			2,551
	Seattle Times Company (C-Corporation)	49.5		—			—
	Ponderay (general partnership)	27		9,390			11,375
	Other	Various		2,983			2,832
				$	331,181		$	299,603

	In September 2013, Classified Ventures, LLC announced its intention to explore strategic alternatives for its Apartments.com business.

	During the nine months ended September 29, 2013, our proportionate share of net income from certain investees listed in the table above was greater than 20% of our condensed consolidated net income before taxes. Summarized condensed financial information, as provided to us by these certain investees, is as follows:

		Nine Months Ended
		September 29,			September 23,
	(in thousands)	2013			2012
	Net revenues	$	979,034		$	913,688
	Operating income	180,120			160,934
	Net income	181,791			158,536

MIAMI_LAND_AND_BUILDING

MIAMI LAND AND BUILDING	9 Months Ended
MIAMI LAND AND BUILDING	Sep. 29, 2013
MIAMI LAND AND BUILDING	'
MIAMI LAND AND BUILDING	'
	3. MIAMI LAND AND BUILDING

	On January 31, 2011, our contract to sell certain land in Miami (“Miami Contract”) terminated pursuant to its terms because the buyer (“developer”) did not consummate the transaction by the closing deadline in the contract. Under the terms of the Miami Contract, we were entitled to receive a $7.0 million termination fee and we filed a claim against the developer to obtain the payment. As of September 29, 2013, we have settled the claim for an undisclosed amount.

	On May 27, 2011, we sold 14.0 acres of land in Miami, including a building, which held the operations of one of our subsidiaries, The Miami Herald Media Company, and adjacent parking lots, for a purchase price of $236.0 million (“Miami property”). Approximately 9.4 acres of this Miami property was previously subject to the terminated Miami Contract discussed above. We received cash proceeds of $230.0 million as a result of the sale. The additional $6.0 million was held in an escrow account for our expenses incurred in connection with the relocation of our Miami operations. In April 2012, we received these funds, which were released for payment of costs associated with the relocation of the Miami operations.

	In connection with the sale transaction, The Miami Herald Media Company continued to operate from its existing location, at the Miami property, through May 2013 rent-free. As a result of our continuing involvement in the Miami property and because we did not pay rent during this period, the sale was treated as a financing transaction. Accordingly, we continued to depreciate the carrying value of the building until our operations were moved. In addition, we recorded a $236.0 million liability (in financing obligations) equal to the sales proceeds received of $230.0 million plus the $6.0 million received from the escrow account for reimbursement of moving expenses. We were imputing rent based on comparable market rates, which was reflected as interest expense until the operations were moved. As of the end of May 2013, we moved all of our Miami operations to a new site in Doral, Florida and no longer have a continuing involvement with the Miami property. As a result, in the quarter and nine months ended September 29, 2013, we recognized a gain of $2.9 million and $12.9 million, respectively, on the Miami transaction, which is recorded in non-operating (expense) income in our condensed consolidated statement of operations. We also released our financing obligation and PP&E from our condensed consolidated balance sheet during the quarter ended June 30, 2013, as described in Note 1, “Significant Accounting Policies” Cash Flow Information.

	In the first quarter of 2012, we purchased approximately 6.1 acres of land located in Doral, Florida, for approximately $3.1 million. We completed construction of a new production facility on this site for our Miami newspaper operations. In January 2012, we also entered into an operating lease for a two-story office building adjacent to the new production facility. The operating lease on the office building has initial annual base lease payments of $1.8 million, which began in May 2013, when the building was occupied.

LONGTERM_DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 29, 2013
LONG-TERM DEBT	'
LONG-TERM DEBT	'
	4. LONG-TERM DEBT

	Our long-term debt consisted of the following:

				Carrying Value
		Face Value at		September 29,		December 30,
		September 29,
	(in thousands)	2013		2013		2012
	Notes:
	9.00% senior secured notes due in 2022	$	900,000	$	900,000	$	910,000
	11.50% senior secured notes due in 2017	—		—		83,016
	4.625% notes due in 2014	28,965		28,422		64,326
	5.750% notes due in 2017	261,298		251,647		273,559
	7.150% debentures due in 2027	89,188		83,585		83,291
	6.875% debentures due in 2029	276,230		257,074		256,154
	Long-term debt	$	1,555,681	$	1,520,728	$	1,670,346
	Less current portion			—		83,016
	Total long-term debt, net of current			$	1,520,728	$	1,587,330

	Our outstanding notes are stated net of unamortized discounts, if applicable, totaling $35.0 million and $41.2 million as of September 29, 2013 and December 30, 2012, respectively.

	Debt Repurchases

	During the nine months ended September 29, 2013, we redeemed or repurchased a total of $155.9 million of notes through the completion of our debt refinancing described below and through privately negotiated transactions, as follows:

	(in thousands)	Face Value
	11.50% senior secured notes due in 2017	$	83,595
	9.00% senior secured notes due in 2022	10,000
	4.625% notes due in 2014	37,473
	5.750% notes due in 2017	24,840
	Total notes redeemed or repurchased	$	155,908

	We redeemed or repurchased all of these notes at a price greater than par value and wrote off historical discounts related to these notes, which resulted in a loss on extinguishment of debt of $0.9 million and $13.6 million in the quarter and nine months ended September 29, 2013, respectively. During the nine months ended September 23, 2012, we repurchased $70.5 million aggregate principal amount of outstanding notes. We repurchased most of these notes at a price lower than par value and wrote off historical discounts related to the notes we repurchased, resulting in a net gain on the extinguishment of debt. The gain was offset by the write-off of fees related to the amendment of the Second Amended and Restated Credit Agreement. These combined events resulted in a net gain on the extinguishment of debt of $6.1 million for the nine months ended September 23, 2012. No notes were repurchased during the quarter ended September 23, 2012.

	Credit Agreement

	In connection with the issuance of the 9.00% Senior Secured Notes due in 2022 (“9.00% Notes”) discussed below, we entered into the Third Amended and Restated Credit Agreement (“Credit Agreement”), dated as of December 18, 2012. The Credit Agreement provides for $75.0 million in revolving credit commitments, with a $50.0 million letter of credit subfacility, and has a maturity date of December 18, 2017. Our obligations under the Credit Agreement are secured by a first-priority security interest in certain of our assets as described below. As of September 29, 2013, there were no outstanding draw downs and $41.1 million face amount of letters of credit were outstanding under the Credit Agreement.

	Under the Credit Agreement, we may borrow at either the London Interbank Offered Rate plus a spread ranging from 275 basis points to 425 basis points, or at a base rate plus a spread ranging from 175 basis points to 325 basis points, in each case based upon our consolidated total leverage ratio. The Credit Agreement provides for a commitment fee payable on the unused revolving credit ranging from 50 basis points to 62.5 basis points, based upon our consolidated total leverage ratio.

	Senior Secured Notes and Indenture

	On December 18, 2012, we issued $910 million aggregate principal amount of 9.00% Notes. We received approximately $889 million net of financing costs in the offering and used the net proceeds, as well as cash on hand, to repurchase all of our outstanding $846 million in aggregate principal amount of the 11.50% Senior Secured Notes due in 2017 (“11.50% Notes”) in two separate transactions. On December 18, 2012, we repurchased $762.4 million of the 11.50% Notes pursuant to a cash tender offer done in connection with the issuance of the 9.00% Notes. In connection with this cash tender offer for our 11.50% Notes, we recorded a loss on the extinguishment of debt of approximately $94.5 million. In the nine months ended September 29, 2013, we redeemed the remaining $83.6 million aggregate principal amount of 11.50% Notes not tendered in the tender offer and we recorded a loss on the extinguishment of debt of approximately $9.6 million related to the redemption.

	Our 9.00% Notes were issued in a private placement. In July 2013, the original 9.00% Notes (and associated guarantees) were exchanged for new 9.00% Notes (and associated guarantees) that have terms substantially identical to the original notes except that the 9.00% Notes issued in the exchange are not subject to transfer restrictions.

	Substantially all of our subsidiaries guarantee the obligations under the 9.00% Notes and the Credit Agreement. We own 100% of each of the guarantor subsidiaries and we have no significant independent assets or operations separate from the subsidiaries that guarantee our 9.00% Notes and the Credit Agreement. The guarantees provided by the guarantor subsidiaries are full and unconditional and joint and several, and the assets of any of our subsidiaries, other than the subsidiary guarantors, are minor.

	In addition, we have granted a security interest to the banks that are a party to the Credit Agreement and the trustee under the indenture governing the 9.00% Notes that include, but are not limited to, intangible assets, inventory, receivables and certain minority investments as collateral for the debt. The security interest does not include any PP&E, leasehold interests and improvements with respect to such PP&E which would be reflected on our consolidated balance sheet or shares of stock and indebtedness of our subsidiaries.

	Covenants under the Senior Debt Agreements

	The financial covenants under the Credit Agreement require us to comply with a maximum consolidated total leverage ratio and a minimum consolidated interest coverage ratio, each measured quarterly. As of September 29, 2013, and for the remainder of the term of the Credit Agreement, we are required to maintain a consolidated total leverage ratio of not more than 6.00 to 1.00 and a consolidated interest coverage ratio of at least 1.50 to 1.00. As of September 29, 2013, we were in compliance with all financial debt covenants.

	The Credit Agreement also prohibits the payment of a dividend if a payment would not be permitted under the indenture for the 9.00% Notes (discussed below). Dividends under the indenture for the 9.00% Notes are allowed if the consolidated leverage ratio (as defined in the indenture) is less than 5.25 to 1.00 and we have sufficient amounts under our restricted payments basket (as defined in the indenture).

	The indenture for the 9.00% Notes includes a number of restrictive covenants that are applicable to us and our restricted subsidiaries. The covenants are subject to a number of important exceptions and qualifications set forth in the indenture for the 9.00% Notes. These covenants include, among other things, restrictions on our ability to incur additional debt; make investments and other restricted payments; pay dividends on capital stock or redeem or repurchase capital stock or certain of our outstanding notes or debentures prior to stated maturity; sell assets or enter into sale/leaseback transactions; create specified liens; create or permit restrictions on the ability of our restricted subsidiaries to pay dividends or make other distributions; engage in certain transactions with affiliates; and consolidate or merge with or into other companies or sell all or substantially all of the Company’s and our subsidiaries’ assets, taken as a whole.

EMPLOYEE_BENEFITS

EMPLOYEE BENEFITS	9 Months Ended
	Sep. 29, 2013
EMPLOYEE BENEFITS	'
EMPLOYEE BENEFITS	'
	5. EMPLOYEE BENEFITS

	We maintain a frozen noncontributory qualified defined benefit pension plan (“Pension Plan”) which covers certain eligible employees. No new participants may enter the Pension Plan and no further benefits will accrue. However, years of service continue to count toward early retirement calculations and vesting of benefits previously earned.

	We also have a limited number of supplemental retirement plans to provide certain key employees with additional retirement benefits. These plans are funded on a pay-as-you-go basis and the accrued pension obligation is largely included in other long-term obligations.

	The elements of retirement expense are as follows:

		Quarter Ended						Nine Months Ended
		September 29,			September 23,			September 29,			September 23,
	(in thousands)	2013			2012			2013			2012
	Pension plans:
	Service cost	$	1,386		$	1,385		$	4,159		$	4,155
	Interest cost	21,149			22,974			63,447			68,923
	Expected return on plan assets	(25,263		)	(26,940		)	(75,790		)	(80,820		)
	Prior service cost amortization	4			4			11			11
	Actuarial loss	6,389			3,172			19,168			9,515
	Net pension expense	3,665			595			10,995			1,784
	Net post-retirement credit	(624		)	(157		)	(1,873		)	(472		)
	Net retirement expense	$	3,041		$	438		$	9,122		$	1,312

	In addition, we provide for or subsidize post-retirement health care and certain life insurance benefits for certain eligible employees and retirees, and we have a deferred compensation plan (“401(k) plan”), which enables qualified employees to voluntarily defer compensation. The 401(k) plan includes a matching company contribution and a supplemental contribution that is tied to our performance. We temporarily suspended our matching contribution to the 401(k) plan in 2009 and as of September 29, 2013, we have not reinstated that benefit.

	In January 2013 and January 2012, we contributed $7.5 million and $40.0 million, respectively, of cash to the Pension Plan. We do not intend to make any additional material contributions to the Pension Plan during the remainder of fiscal year 2013.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Sep. 29, 2013
COMMITMENTS AND CONTINGENCIES	'
COMMITMENTS AND CONTINGENCIES	'
	6. COMMITMENTS AND CONTINGENCIES

	We are subject to a variety of legal proceedings (including libel, employment, wage and hour, independent contractor and other legal actions) and governmental proceedings (including environmental matters) that arise from time to time in the ordinary course of our business. We are unable to estimate the amount or range of reasonably possible losses. However, we currently believe, after reviewing such actions with counsel, that the expected outcome of pending actions will not have a material effect on our condensed consolidated financial statements. No material amounts for any losses from litigation that may ultimately occur have been recorded in the condensed consolidated financial statements as we believe that any such losses are not probable.

	We have certain indemnification obligations related to the sale of assets including but not limited to insurance claims and multi-employer pension plans of disposed newspaper operations. We believe the remaining obligations related to disposed assets will not be material to our financial position, results of operations or cash flows.

	As of September 29, 2013, we had $41.1 million of standby letters of credit secured under the Credit Agreement (see Note 4 for further discussion).

STOCK_PLANS

STOCK PLANS	9 Months Ended
STOCK PLANS	Sep. 29, 2013
STOCK PLANS	'
STOCK PLANS	'
	7. STOCK PLANS

	Stock Plans Activity

	The following table summarizes the restricted stock units (“RSUs”) activity during the nine months ended September 29, 2013:

				Weighted Average
		RSUs		Grant Date Fair Value
	Nonvested - December 30, 2012	1,102,000		$2.98
	Granted	648,150		$2.61
	Vested	(485,000	)	$3.72
	Forfeited	(24,950	)	$2.48
	Nonvested - September 29, 2013	1,240,200		$2.50

	The total fair value of the RSUs that vested during the nine months ended September 29, 2013 was $1.3 million.

	The following table summarizes the stock appreciation rights (“SARs”) activity during the nine months ended September 29, 2013:

				Weighted			Aggregate
				Average			Intrinsic
		Options/		Exercise			Value
		SARs		Price			(in thousands)
	Outstanding December 30, 2012	6,194,500		$11.45			$1,846
	Granted	775,000		$2.46
	Exercised	(522,750	)	$1.71			$819
	Forfeited	(44,000	)	$3.27
	Expired	(101,750	)	$38.53
	Outstanding September 29, 2013	6,301,000		$10.77			$1,605

	For the nine months ended September 29, 2013, the following weighted average assumptions were used to estimate the fair value of the SARs granted:

		Nine Months
		Ended
		September 29,
		2013
	Expected life in years	4.51
	Dividend yield	NIL
	Volatility	1.08
	Risk-free interest rate	0.76%
	Weighted average exercise price of SARs granted	$	2.46
	Weighted average fair value of SARs granted	$	1.85

	Stock-Based Compensation

	All stock-based payments, including grants of stock appreciation rights, restricted stock units and common stock under equity incentive plans, are recognized in the financial statements based on their grant date fair values. At September 29, 2013, we had five stock-based compensation plans. Stock-based compensation expenses are reported in the compensation line item in the condensed consolidated statements of operations. Total stock-based compensation expense for the periods presented in this report is summarized below:

		Quarter Ended						Nine Months Ended
		September 29,			September 23,			September 29,		September 23,
	(in thousands)	2013			2012			2013		2012
	Stock-based compensation expense	$	1,067		$	940		$	2,834	$	2,734

INCOME_TAXES

INCOME TAXES	9 Months Ended
INCOME TAXES	Sep. 29, 2013
INCOME TAXES	'
INCOME TAXES	'
	8. INCOME TAXES

	During the quarter and nine months ended September 29, 2013, our income tax provision included rate adjustments and the benefit of the reversal of state tax reserves relating to the favorable settlements of state tax audits and state statute lapses. During the quarter and nine months ended September 23, 2012, our income tax provision included the benefit of the reversal of state tax reserves relating to the favorable settlements of state tax audits and state statute lapses. These reserve reversals are the primary driver of the effective benefit rates for each period presented in 2012.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 29, 2013
SIGNIFICANT ACCOUNTING POLICIES	'
Business and Basis of Accounting	'
	Business and Basis of Accounting

	The McClatchy Company (the “Company,” “we,” “us” or “our”) is a leading news, advertising and information provider, offering a wide array of print and digital products in each of the markets it serves. As the third largest newspaper company in the United States, based on daily circulation, our operations include 30 daily newspapers, community newspapers, websites, mobile news and advertising, niche publications, direct marketing and direct mail services. Our largest newspapers include the (Fort Worth) Star-Telegram, The Sacramento Bee, The Kansas City Star, the Miami Herald, The Charlotte Observer and The (Raleigh) News & Observer. We are listed on the New York Stock Exchange under the symbol MNI.

	We also own a portfolio of premium digital assets, including 15.0% of CareerBuilder LLC, which operates the nation’s largest online jobs website, CareerBuilder.com; 25.6% of Classified Ventures LLC, a company that offers classified websites such as the auto website Cars.com and the rental website Apartments.com; 33.3% of HomeFinder LLC, which operates the online real estate website HomeFinder.com; and 12.2% of Wanderful Media, owner of Find & Save®, a digital shopping portal that provides advertisers with a common platform to reach online audiences with digital circulars, coupons and display advertising.

	The condensed consolidated financial statements include the Company and our subsidiaries. Intercompany items and transactions are eliminated. Preparation of the financial statements in conformity with accounting principles generally accepted in the United States and pursuant to the rules and regulation of the Securities and Exchange Commission requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.

	In our opinion, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary to present fairly our financial position, results of operations, and cash flows for the interim periods presented. The financial statements contained in this report are not necessarily indicative of the results to be expected for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K and Amendment No. 1 to the Form 10-K for the year ended December 30, 2012 (collectively “Form 10-K”). The fiscal periods included herein comprise 13 weeks and 39 weeks for the third-quarter and nine-month periods, respectively.
Outsourcing Agreement	'
	Outsourcing Agreement

	In October 2013, we entered into an outsourcing agreement to print one of our newspapers beginning in late February 2014. As a result, we expect to incur non-cash charges, including accelerated depreciation and other charges related to our existing facilities and production equipment of up to $15 million in the fourth quarter of 2013. We do not anticipate any material cash expenses during the fourth quarter of 2013 related to this agreement.
Circulation Delivery Contract Accounting Correction	'
	Circulation Delivery Contract Accounting Correction

	Subsequent to the issuance of our consolidated financial statements on March 6, 2013, we determined that circulation revenues associated with our “fee for service” contracts with distributors and carriers should be presented on a gross basis, as opposed to on a net basis, as we are established as the primary obligor through subscriber agreements. The difference in presentation results in delivery costs associated with these contracts being reported as other operating expenses, rather than as a reduction in circulation revenues, in our condensed consolidated statements of operations. This correction resulted in an increase to circulation revenues and equivalent increases to other operating expenses of $18.9 million and $58.1 million in the quarter and nine months ended September 23, 2012, respectively. We believe this correction is not material to our previously issued financial statements for prior periods. There is no impact to the previously reported operating income, net income, net income per common share or cash flows from operating activities in any of the periods presented.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments

	We account for certain assets and liabilities at fair value. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. We categorize each of our fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are:

	Level 1 – Unadjusted quoted prices available in active markets for identical investments as of the reporting date.

	Level 2 – Observable inputs to the valuation methodology are other than Level 1 inputs and are either directly or indirectly observable as of the reporting date and fair value can be determined through the use of models or other valuation methodologies.

	Level 3 – Inputs to the valuation methodology are unobservable inputs in situations where there is little or no market activity for the asset or liability, and the reporting entity makes estimates and assumptions related to the pricing of the asset or liability including assumptions regarding risk.

	Our policy is to recognize significant transfers between levels at the actual date of the event or circumstance that caused the transfer. The following methods and assumptions were used to estimate the fair value of each class of financial instruments:

	Cash and cash equivalents, accounts receivable and accounts payable. The carrying amount of these items approximates fair value.

	Long-term debt. The fair value of long-term debt is determined using quoted market prices and other inputs that were derived from available market information including the current market activity of our publicly-traded notes and bank debt, trends in investor demand and market values of comparable publicly-traded debt. These are considered to be Level 2 inputs under the fair value measurements and disclosure guidance, and may not be representative of actual value. At September 29, 2013, the estimated fair value and carrying value of long-term debt was $1.5 billion.
Intangible Assets and Goodwill	'
	Intangible Assets and Goodwill

	Intangible assets (primarily advertiser lists, subscriber lists and developed technology) and goodwill consisted of the following:

		December 30,			Acquired		Amortization		September 29,
	(in thousands)	2012			Assets		Expense		2013
	Intangible assets subject to amortization	$	834,961		$	500	—		$	835,461
	Accumulated amortization	-510,546			—		$	-42,877	-553,423
		324,415			500		-42,877		282,038
	Mastheads	203,587			—		N/A		203,587
	Goodwill	1,012,011			903		N/A		1,012,914
	Total	$	1,540,013		$	1,403	$	-42,877	$	1,498,539

	During the nine months ended September 29, 2013, we completed a small acquisition, which is reflected in goodwill and intangible assets subject to amortization.

	Amortization expense with respect to intangible assets is summarized below:

		Quarter Ended					Nine Months Ended
		September 29,			September 23,		September 29,		September 23,
	(in thousands)	2013			2012		2013		2012
	Amortization expense	$	14,375		$	14,251	$	42,877	$	42,811


	The estimated amortization expense for the remainder of fiscal year 2013 and the five succeeding fiscal years is as follows:

		Amortization
		Expense
	Year	(in thousands)
	2013 (remainder)	$	14,304
	2014	52,757
	2015	48,086
	2016	47,721
	2017	48,552
	2018	46,977

Accumulated Other Comprehensive Loss	'
	Accumulated Other Comprehensive Loss

	Our accumulated other comprehensive loss (“AOCL”) and reclassifications from AOCL, net of tax, consisted of the following:

	(in thousands)	Minimum			Other		Total
		Pension and			Comprehensive
		Post-			Loss Related to
		Retirement			Equity
		Liability			Investments
	Beginning balance - December 30, 2012	$	-473,448		$	-7,868	$	-481,316
	Other comprehensive income (loss) before reclassifications	—			-666		-666
	Amounts reclassified from AOCL	10,160			—		10,160
	Other comprehensive income (loss)	10,160			-666		9,494
	Ending balance - September 29, 2013	$	-463,288		$	-8,534	$	-471,822

		Amount Reclassified from AOCL
		(in thousands)
		Quarter Ended			Nine Months
		Quarter Ended			Ended
		September 29,			September 29,		Affected Line in the Condensed
	AOCL Component	2013			2013		Consolidated Statements of Operations
	Minimum pension and post-retirement liability	$	5,645		$	16,933	Compensation
		-2,258			-6,773		Provision for income taxes
		$	3,387		$	10,160	Net of tax

Income Taxes	'
	Income Taxes

	We account for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse.

	We recognize accrued interest related to unrecognized tax benefits in interest expense. Accrued penalties are recognized as a component of income tax expense.
Earnings Per Share (EPS)	'
	Earnings Per Share (EPS)

	Basic EPS excludes dilution from common stock equivalents and reflects income divided by the weighted average number of common shares outstanding for the period. Diluted EPS is based upon the weighted average number of outstanding shares of common stock and dilutive common stock equivalents in the period. Common stock equivalents arise from dilutive stock options, restricted stock units and restricted stock and are computed using the treasury stock method. Anti-dilutive common stock equivalents are excluded from diluted EPS. The weighted average anti-dilutive stock options that could potentially dilute basic EPS in the future, but were not included in the weighted average share calculation, consisted of the following:

		Quarter Ended				Nine Months Ended
		September 29,		September 23,		September 29,	September 23,
	(shares in thousands)	2013		2012		2013	2012
	Anti-dilutive stock options	4,990		6,654		4,936	6,322

Cash Flow Information	'
	Cash Flow Information

	Cash paid for interest and income taxes consisted of the following:

		Nine Months Ended
		September 29,			September 23,
	(in thousands)	2013			2012
	Interest paid (net of amount capitalized)	$	82,990		$	139,437
	Income taxes paid (net of amounts received)	13,202			35,945


	As of September 29, 2013, other non-cash financing activities included the release of $238.1 million for the financing obligation related to the Miami property transaction because we no longer have a continuing involvement with the Miami property (see Note 3). As of September 29, 2013, other non-cash investing activities included the release of $227.7 million from property, plant and equipment (“PP&E”), which also relates to the conclusion of the Miami property transaction. In addition, other non-cash financing activities as of September 29, 2013 and September 23, 2012, related to purchases of PP&E on credit, were $0.4 million and $3.6 million, respectively.
Recently Adopted Accounting Pronouncements	'
	Recently Adopted Accounting Pronouncements

	During the first quarter of 2013, we adopted the Financial Accounting Standards Board (“FASB”) accounting standards update (“ASU”) issued in February 2013. The ASU requires new disclosures about reclassifications from accumulated other comprehensive loss to net income. These disclosures may be presented on the face of the statements or in the notes to the consolidated financial statements. Accordingly, we have presented reclassifications from accumulated other comprehensive loss to the condensed consolidated statements of operations in the notes to our condensed consolidated financial statements.

	During the first quarter of 2013, we adopted the FASB ASU issued in July 2012. The ASU provides new guidance on annual impairment testing of indefinite-lived intangible assets. The ASU allows an entity to first assess qualitative factors to determine if it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount. If based on its qualitative assessment an entity concludes it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount, quantitative impairment testing is required. However, if an entity concludes otherwise, quantitative impairment testing is not required. The adoption of this standard did not impact our condensed consolidated financial statements.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Tables)	Sep. 29, 2013
SIGNIFICANT ACCOUNTING POLICIES	'
Schedule of intangible assets (primarily advertiser lists, subscriber lists and developed technology) and goodwill	'


		December 30,			Acquired		Amortization		September 29,
	(in thousands)	2012			Assets		Expense		2013
	Intangible assets subject to amortization	$	834,961		$	500	—		$	835,461
	Accumulated amortization	-510,546			—		$	-42,877	-553,423
		324,415			500		-42,877		282,038
	Mastheads	203,587			—		N/A		203,587
	Goodwill	1,012,011			903		N/A		1,012,914
	Total	$	1,540,013		$	1,403	$	-42,877	$	1,498,539
Summary of amortization expense with respect to intangible assets	'


		Quarter Ended					Nine Months Ended
		September 29,			September 23,		September 29,		September 23,
	(in thousands)	2013			2012		2013		2012
	Amortization expense	$	14,375		$	14,251	$	42,877	$	42,811

Amortization expense for the five succeeding fiscal years	'

		Amortization
		Expense
	Year	(in thousands)
	2013 (remainder)	$	14,304
	2014	52,757
	2015	48,086
	2016	47,721
	2017	48,552
	2018	46,977

Schedule of components of accumulated other comprehensive loss and reclassifications, net of tax	'


	(in thousands)	Minimum			Other		Total
		Pension and			Comprehensive
		Post-			Loss Related to
		Retirement			Equity
		Liability			Investments
	Beginning balance - December 30, 2012	$	-473,448		$	-7,868	$	-481,316
	Other comprehensive income (loss) before reclassifications	—			-666		-666
	Amounts reclassified from AOCL	10,160			—		10,160
	Other comprehensive income (loss)	10,160			-666		9,494
	Ending balance - September 29, 2013	$	-463,288		$	-8,534	$	-471,822

		Amount Reclassified from AOCL
		(in thousands)
		Quarter Ended			Nine Months
		Quarter Ended			Ended
		September 29,			September 29,		Affected Line in the Condensed
	AOCL Component	2013			2013		Consolidated Statements of Operations
	Minimum pension and post-retirement liability	$	5,645		$	16,933	Compensation
		-2,258			-6,773		Provision for income taxes
		$	3,387		$	10,160	Net of tax
Summary of anti-dilutive stock options	'


		Quarter Ended				Nine Months Ended
		September 29,		September 23,		September 29,	September 23,
	(shares in thousands)	2013		2012		2013	2012
	Anti-dilutive stock options	4,990		6,654		4,936	6,322
Schedule of cash paid for interest and income taxes	'


		Nine Months Ended
		September 29,			September 23,
	(in thousands)	2013			2012
	Interest paid (net of amount capitalized)	$	82,990		$	139,437
	Income taxes paid (net of amounts received)	13,202			35,945

INVESTMENTS_IN_UNCONSOLIDATED_1

INVESTMENTS IN UNCONSOLIDATED COMPANIES (Tables)	9 Months Ended
INVESTMENTS IN UNCONSOLIDATED COMPANIES (Tables)	Sep. 29, 2013
INVESTMENTS IN UNCONSOLIDATED COMPANIES	'
Summary of carrying value of investments in unconsolidated companies	'


	(in thousands)	% Ownership		September 29,			December 30,
	Company	Interest		2013			2012
	CareerBuilder, LLC	15		$	223,401		$	210,365
	Classified Ventures, LLC	25.6		90,778			69,907
	HomeFinder, LLC	33.3		1,535			2,573
	Wanderful Media	12.2		3,094			2,551
	Seattle Times Company (C-Corporation)	49.5		—			—
	Ponderay (general partnership)	27		9,390			11,375
	Other	Various		2,983			2,832
				$	331,181		$	299,603
Summary of condensed financial information as provided by certain investees	'


		Nine Months Ended
		September 29,			September 23,
	(in thousands)	2013			2012
	Net revenues	$	979,034		$	913,688
	Operating income	180,120			160,934
	Net income	181,791			158,536

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	9 Months Ended
LONG-TERM DEBT (Tables)	Sep. 29, 2013
LONG-TERM DEBT	'
Summary of company's long-term debt	'


				Carrying Value
		Face Value at		September 29,		December 30,
		September 29,		September 29,		December 30,
	(in thousands)	2013		2013		2012
	Notes:
	9.00% senior secured notes due in 2022	$	900,000	$	900,000	$	910,000
	11.50% senior secured notes due in 2017	—		—		83,016
	4.625% notes due in 2014	28,965		28,422		64,326
	5.750% notes due in 2017	261,298		251,647		273,559
	7.150% debentures due in 2027	89,188		83,585		83,291
	6.875% debentures due in 2029	276,230		257,074		256,154
	Long-term debt	$	1,555,681	$	1,520,728	$	1,670,346
	Less current portion			—		83,016
	Total long-term debt, net of current			$	1,520,728	$	1,587,330
Redeemed or repurchase of notes	'


	(in thousands)	Face Value
	11.50% senior secured notes due in 2017	$	83,595
	9.00% senior secured notes due in 2022	10,000
	4.625% notes due in 2014	37,473
	5.750% notes due in 2017	24,840
	Total notes redeemed or repurchased	$	155,908

EMPLOYEE_BENEFITS_Tables

EMPLOYEE BENEFITS (Tables)	9 Months Ended
EMPLOYEE BENEFITS (Tables)	Sep. 29, 2013
EMPLOYEE BENEFITS	'
Schedule of elements of retirement expense	'


		Quarter Ended						Nine Months Ended
		September 29,			September 23,			September 29,			September 23,
	(in thousands)	2013			2012			2013			2012
	Pension plans:
	Service cost	$	1,386		$	1,385		$	4,159		$	4,155
	Interest cost	21,149			22,974			63,447			68,923
	Expected return on plan assets	(25,263		)	(26,940		)	(75,790		)	(80,820		)
	Prior service cost amortization	4			4			11			11
	Actuarial loss	6,389			3,172			19,168			9,515
	Net pension expense	3,665			595			10,995			1,784
	Net post-retirement credit	(624		)	(157		)	(1,873		)	(472		)
	Net retirement expense	$	3,041		$	438		$	9,122		$	1,312

STOCK_PLANS_Tables

STOCK PLANS (Tables)	9 Months Ended
STOCK PLANS (Tables)	Sep. 29, 2013
STOCK PLANS	'
Summary of the restricted stock units ("RSUs") activity	'


				Weighted Average
		RSUs		Grant Date Fair Value
	Nonvested - December 30, 2012	1,102,000		$2.98
	Granted	648,150		$2.61
	Vested	(485,000	)	$3.72
	Forfeited	(24,950	)	$2.48
	Nonvested - September 29, 2013	1,240,200		$2.50
Summary of the stock appreciation rights ("SARs") activity	'


				Weighted			Aggregate
				Average			Intrinsic
		Options/		Exercise			Value
		SARs		Price			(in thousands)
	Outstanding December 30, 2012	6,194,500		$11.45			$1,846
	Granted	775,000		$2.46
	Exercised	(522,750	)	$1.71			$819
	Forfeited	(44,000	)	$3.27
	Expired	(101,750	)	$38.53
	Outstanding September 29, 2013	6,301,000		$10.77			$1,605
Schedule of weighted average assumptions used to estimate the fair value of SARs granted	'


		Nine Months
		Ended
		September 29,
		2013
	Expected life in years	4.51
	Dividend yield	NIL
	Volatility	1.08
	Risk-free interest rate	0.76%
	Weighted average exercise price of SARs granted	$	2.46
	Weighted average fair value of SARs granted	$	1.85
Summary of stock-based compensation expense	'


		Quarter Ended						Nine Months Ended
		September 29,			September 23,			September 29,		September 23,
	(in thousands)	2013			2012			2013		2012
	Stock-based compensation expense	$	1,067		$	940		$	2,834	$	2,734

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 29, 2013

Sep. 23, 2012

Sep. 29, 2013

Sep. 23, 2012

Dec. 30, 2012

Sep. 30, 2013

Sep. 23, 2012

Sep. 29, 2013

newspaper

Maximum

Correction of error adjustment

Career Builder LLC

Classified Ventures LLC

Home Finder LLC

Wanderful Media

SIGNIFICANT ACCOUNTING POLICIES

Number of daily newspapers

Length of fiscal quarter

'91 days

'273 days

Related Party Transaction

Ownership Interest (as a percent)

15.00%

25.60%

33.30%

12.20%

Expected accelerated depreciation and other charges related to existing facilities and production equipment

$15,000,000

Correction of error adjustment

Increases to circulation revenues

86,960,000

81,639,000

261,253,000

250,830,000

18,900,000

58,100,000

Increases to other operating expenses

104,401,000

101,633,000

313,588,000

305,933,000

18,900,000

58,100,000

Long-term debt fair value disclosure

Estimated fair value of long-term debt

1,500,000,000

Carrying value of long-term debt

1,520,728,000

1,670,346,000

Intangible assets subject to amortization, gross

Balance at the beginning of the period

834,961,000

Acquired Assets

500,000

Balance at the end of the period

835,461,000

Accumulated amortization

Balance at the beginning of the period

-510,546,000

Amortization Expense

-14,375,000

-14,251,000

-42,877,000

-42,811,000

Balance at the end of the period

-553,423,000

Intangible assets subject to amortization, net

Balance at the beginning of the period

324,415,000

Acquired Assets

500,000

Amortization Expense

-14,375,000

-14,251,000

-42,877,000

-42,811,000

Balance at the end of the period

282,038,000

Mastheads

Balance at the beginning of the period

203,587,000

Balance at the end of the period

203,587,000

Goodwill

Balance at the beginning of the period

1,012,011,000

Acquired Assets

903,000

Balance at the end of the period

1,012,914,000

Total

Balance at the beginning of the period

1,540,013,000

Acquired Assets

1,403,000

Amortization Expense

-14,375,000

-14,251,000

-42,877,000

-42,811,000

Balance at the end of the period

1,498,539,000

Amortization expense

14,375,000

14,251,000

42,877,000

42,811,000

Estimated amortization expense

2013 (remainder)

14,304,000

2014

52,757,000

2015

48,086,000

2016

47,721,000

2017

48,552,000

2018

$46,977,000

SIGNIFICANT_ACCOUNTING_POLICIE4

SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
Changes in accumulated other comprehensive loss	'	'	'	'
Balance at the beginning of the period	'	'	($481,316)	'
Other comprehensive income (loss) before reclassifications	'	'	-666	'
Amounts reclassified from AOCL	'	'	10,160	'
Other comprehensive income	3,452	1,861	9,494	3,868
Balance at the end of the period	-471,822	'	-471,822	'
Compensation	105,239	108,421	325,972	329,156
Provision for income taxes	2,911	-556	5,066	-6,000
Net of tax	-7,265	-5,093	-6,276	-29,871
Minimum Pension and Post-Retirement Liability	'	'	'	'
Changes in accumulated other comprehensive loss	'	'	'	'
Balance at the beginning of the period	'	'	-473,448	'
Amounts reclassified from AOCL	'	'	10,160	'
Other comprehensive income	'	'	10,160	'
Balance at the end of the period	-463,288	'	-463,288	'
Minimum Pension and Post-Retirement Liability \| Amount Reclassified from AOCI	'	'	'	'
Changes in accumulated other comprehensive loss	'	'	'	'
Compensation	5,645	'	16,933	'
Provision for income taxes	-2,258	'	-6,773	'
Net of tax	3,387	'	10,160	'
Other Comprehensive Loss Related to Equity Investments	'	'	'	'
Changes in accumulated other comprehensive loss	'	'	'	'
Balance at the beginning of the period	'	'	-7,868	'
Other comprehensive income (loss) before reclassifications	'	'	-666	'
Other comprehensive income	'	'	-666	'
Balance at the end of the period	($8,534)	'	($8,534)	'

SIGNIFICANT_ACCOUNTING_POLICIE5

SIGNIFICANT ACCOUNTING POLICIES (Details 3) (Anti-dilutive stock options, restricted stock units and restricted stock)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
Anti-dilutive stock options, restricted stock units and restricted stock	'	'	'	'
Weighted average anti-dilutive stock options	'	'	'	'
Anti-dilutive stock options (in shares)	4,990	6,654	4,936	6,322

SIGNIFICANT_ACCOUNTING_POLICIE6

SIGNIFICANT ACCOUNTING POLICIES (Details 4) (USD $)	9 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Details 4) (USD $)	Sep. 29, 2013	Sep. 23, 2012
Cash Flow Information	'	'
Interest paid (net of amount capitalized)	$82,990,000	$139,437,000
Income taxes paid (net of amounts received)	13,202,000	35,945,000
Other non-cash financing activities	'	'
Purchases of PP&E on credit	400,000	3,600,000
Sale of land and building	'	'
Cash Flow Information	'	'
Financing obligations released	238,100,000	'
Investing obligations released	$227,700,000	'

INVESTMENTS_IN_UNCONSOLIDATED_2

INVESTMENTS IN UNCONSOLIDATED COMPANIES (Details) (USD $)	Sep. 29, 2013	Dec. 30, 2012
In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012
Investments in unconsolidated companies and joint ventures	'	'
Investments in unconsolidated companies	$331,181	$299,603
Career Builder LLC	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	15.00%	'
Investments in unconsolidated companies	223,401	210,365
Classified Ventures LLC	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	25.60%	'
Investments in unconsolidated companies	90,778	69,907
Home Finder LLC	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	33.30%	'
Investments in unconsolidated companies	1,535	2,573
Wanderful Media	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	12.20%	'
Investments in unconsolidated companies	3,094	2,551
Seattle Times Company (C-Corporation)	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	49.50%	'
Ponderay (general partnership)	'	'
Investments in unconsolidated companies and joint ventures	'	'
Ownership Interest (as a percent)	27.00%	'
Investments in unconsolidated companies	9,390	11,375
Other	'	'
Investments in unconsolidated companies and joint ventures	'	'
Investments in unconsolidated companies	$2,983	$2,832

INVESTMENTS_IN_UNCONSOLIDATED_3

INVESTMENTS IN UNCONSOLIDATED COMPANIES (Details 2) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012
INVESTMENTS IN UNCONSOLIDATED COMPANIES	'	'
Proportionate share of net income before taxes (as a percent)	20.00%	'
Condensed financial information	'	'
Net revenues	$979,034	$913,688
Operating income	180,120	160,934
Net income	$181,791	$158,536

MIAMI_LAND_AND_BUILDING_Detail

MIAMI LAND AND BUILDING (Details) (USD $)	3 Months Ended	9 Months Ended				0 Months Ended	1 Months Ended	3 Months Ended	9 Months Ended	3 Months Ended
	Sep. 29, 2013	Sep. 29, 2013	Sep. 23, 2012	Dec. 30, 2012	Jan. 31, 2011	27-May-11	Apr. 30, 2012	Jun. 30, 2013	Sep. 29, 2013	Mar. 25, 2012
					Terminated Miami land sale contract	Sale of land and building	Sale of land and building	Sale of land and building	Sale of land and building	Acquisition of land in Doral, Florida
					acre	acre				acre
Miami Land and Building Disclosures	'	'	'	'	'	'	'	'	'	'
Contract Termination Fee	'	'	'	'	$7,000,000	'	'	'	'	'
Company sold land	'	'	'	'	9.4	14	'	'	'	6.1
Purchase price	'	'	'	'	'	236,000,000	'	'	'	'
Financing obligation	40,743,000	40,743,000	'	279,325,000	'	236,000,000	'	'	'	'
Escrow deposits related to property sales in noncash investing and financing activities	'	'	'	'	'	6,000,000	'	'	'	'
Sales proceeds received	'	1,656,000	1,361,000	'	'	230,000,000	6,000,000	'	'	'
Gain recognized	2,925,000	12,938,000	'	'	'	'	'	2,900,000	12,900,000	'
Payments To Land Purchased	'	'	'	'	'	'	'	'	'	$3,100,000

MIAMI_LAND_AND_BUILDING_Detail1

MIAMI LAND AND BUILDING (Details 2) (Office building, Miami, USD $)	31-May-13
In Millions, unless otherwise specified	31-May-13
Office building \| Miami	'
Relocation disclosures	'
Initial annual base operating lease payments	$1.80

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (USD $)	Sep. 29, 2013	Dec. 30, 2012	Dec. 18, 2012
Long-term debt disclosures	'	'	'
Face Value	1,555,681,000	'	'
Carrying Value	1,520,728,000	1,670,346,000	'
Less current portion	'	83,016,000	'
Total long-term debt, net of current	1,520,728,000	1,587,330,000	'
Unamortized discounts	35,000,000	41,200,000	'
9.00% senior secured notes due in 2022	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	9.00%	'	'
Face Value	900,000,000	'	'
Carrying Value	900,000,000	910,000,000	'
11.50% senior secured notes due in 2017	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	11.50%	'	11.50%
Carrying Value	'	83,016,000	'
4.625% notes due in 2014	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	4.63%	'	'
Face Value	28,965,000	'	'
Carrying Value	28,422,000	64,326,000	'
5.750% notes due in 2017	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	5.75%	'	'
Face Value	261,298,000	'	'
Carrying Value	251,647,000	273,559,000	'
7.150% debentures due in 2027	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	7.15%	'	'
Face Value	89,188,000	'	'
Carrying Value	83,585,000	83,291,000	'
6.875% debentures due in 2029	'	'	'
Long-term debt disclosures	'	'	'
Interest rate (as a percent)	6.88%	'	'
Face Value	276,230,000	'	'
Carrying Value	257,074,000	$256,154,000	'

LONGTERM_DEBT_Details_2

LONG-TERM DEBT (Details 2) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012	Dec. 18, 2012	Sep. 29, 2013	Sep. 29, 2013	Sep. 29, 2013	Sep. 29, 2013
	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012	11.50% senior secured notes due in 2017	11.50% senior secured notes due in 2017	9.00% senior secured notes due in 2022	4.625% notes due in 2014	5.750% notes due in 2017
Extinguishment of debt	'	'	'	'	'	'	'	'	'
Notes repurchased	'	$0	'	$0	'	'	'	'	'
Face value of notes redeemed or repurchased	'	'	155,908	70,500	'	83,595	10,000	37,473	24,840
Gain (loss) on extinguishment of debt	($873)	($12)	($13,643)	$6,074	($94,500)	($9,600)	'	'	'

LONGTERM_DEBT_Details_3

LONG-TERM DEBT (Details 3) (USD $)

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

Sep. 29, 2013

Sep. 23, 2012

Sep. 29, 2013

Sep. 23, 2012

Sep. 29, 2013

Dec. 18, 2012

Sep. 29, 2013

Dec. 18, 2012

Sep. 29, 2013

Jul. 31, 2013

Revolving credit facility

Letter of credit

11.50% senior secured notes due in 2017

9.00% Notes

Period from quarter ended March 2013 through the quarter ended December 2013

Minimum

Maximum

LIBOR

Base rate

Amendment 18, December 2012

item

Original notes

Minimum

Maximum

Minimum

Maximum

LONG-TERM DEBT

Maximum borrowing capacity

$75,000,000

$50,000,000

Outstanding letters of credit

41,100,000

Draws under the credit agreement

Variable rate basis

'London Interbank Offered Rate

'base rate

Basis spread on variable rate (as a percent)

2.75%

4.25%

1.75%

3.25%

Commitment fees for the unused revolving credit (as a percent)

0.50%

0.63%

New borrowings

910,000,000

Interest rate (as a percent)

11.50%

9.00%

Net proceeds from offering

889,000,000

Amount of debt repurchased

846,000,000

Number of transactions to repurchase debt

Aggregate principal amount of debt redeemed

762,400,000

83,600,000

Loss on extinguishment of debt

$873,000

$12,000

$13,643,000

($6,074,000)

$94,500,000

$9,600,000

Ownership percentage in each of the guarantor subsidiaries

100.00%

Maximum consolidated leverage ratio

Minimum consolidated interest coverage ratio

1.5

Dividends restricted if consolidated leverage ratio is exceeded

5.25

EMPLOYEE_BENEFITS_Details

EMPLOYEE BENEFITS (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
	Sep. 29, 2013	Sep. 23, 2012	item	Sep. 23, 2012
EMPLOYEE BENEFITS	'	'	'	'
Number of new participants	'	'	0	'
Retirement expense for continuing operations	'	'	'	'
Total retirement expense-net	$3,041	$438	$9,122	$1,312
Pension plan	'	'	'	'
Retirement expense for continuing operations	'	'	'	'
Service cost	1,386	1,385	4,159	4,155
Interest cost	21,149	22,974	63,447	68,923
Expected return on plan assets	-25,263	-26,940	-75,790	-80,820
Prior service cost amortization	4	4	11	11
Actuarial loss	6,389	3,172	19,168	9,515
Total retirement expense-net	3,665	595	10,995	1,784
Post-retirement plans	'	'	'	'
Retirement expense for continuing operations	'	'	'	'
Total retirement expense-net	($624)	($157)	($1,873)	($472)

EMPLOYEE_BENEFITS_Details_2

EMPLOYEE BENEFITS (Details 2) (Pension plan, USD $)	1 Months Ended
In Millions, unless otherwise specified	Jan. 31, 2013	Jan. 31, 2012
Pension plan	'	'
Contributions and Cash Flows	'	'
Value of contributions to plan	$7.50	$40

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details) (Revolving credit facility, USD $)	Sep. 29, 2013
In Millions, unless otherwise specified	Sep. 29, 2013
Revolving credit facility	'
Additional disclosures	'
Outstanding letters of credit	$41.10

STOCK_PLANS_Details

STOCK PLANS (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 29, 2013	Sep. 29, 2013
	Maximum	RSUs	Stock options and SARs
RSU's	'	'	'
Nonvested at the beginning of the period (in shares)	'	1,102,000	'
Granted (in shares)	'	648,150	'
Vested (in shares)	'	-485,000	'
Forfeited (in shares)	'	-24,950	'
Nonvested at the end of the period (in shares)	'	1,240,200	'
Weighted Average Grant Date Fair Value	'	'	'
Outstanding at the beginning of the period (in dollars per share)	'	$2.98	'
Granted (in dollars per share)	'	$2.61	'
Vested (in dollars per share)	'	$3.72	'
Forfeited (in dollars per share)	'	$2.48	'
Outstanding at the end of the period (in dollars per share)	'	$2.50	'
Additional disclosures	'	'	'
Total fair value	'	$1,300,000	'
Expected accelerated depreciation and other charges related to existing facilities and production equipment	15,000,000	'	'
Options/SARs	'	'	'
Outstanding at the beginning of the period (in shares)	'	'	6,194,500
Granted (in shares)	'	'	775,000
Exercised (in shares)	'	'	-522,750
Forfeited (in shares)	'	'	-44,000
Expired (in shares)	'	'	-101,750
Outstanding at the end of the period (in shares)	'	'	6,301,000
Weighted Average Exercise Price	'	'	'
Outstanding at the beginning of the period (in dollars per share)	'	'	$11.45
Granted (in dollars per share)	'	'	$2.46
Exercised (in dollars per share)	'	'	$1.71
Forfeited (in dollars per share)	'	'	$3.27
Expired (in dollars per share)	'	'	$38.53
Outstanding at the end of the period (in dollars per share)	'	'	$10.77
Aggregate Intrinsic Value	'	'	'
Outstanding at the beginning of the period (in dollars)	'	'	1,846,000
Exercised (in dollars)	'	'	819,000
Outstanding at the end of the period (in dollars)	'	'	$1,605,000

STOCK_PLANS_Details_2

STOCK PLANS (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 29, 2013	Sep. 23, 2012	Sep. 29, 2013	Sep. 23, 2012
	Sep. 29, 2013	Sep. 23, 2012	item	Sep. 23, 2012
Stock Plans	'	'	'	'
Number of stock-based compensation plans	'	'	5	'
Stock-based compensation expense	$1,067	$940	$2,834	$2,734
Stock appreciation rights (SARs)	'	'	'	'
Stock Plans	'	'	'	'
Expected life	'	'	'4 years 6 months 4 days	'
Dividend yield (as a percent)	'	'	'	'
Volatility (as a percent)	'	'	1.08%	'
Risk-free interest rate (as a percent)	'	'	0.76%	'
Weighted average exercise price of SARs granted (in dollars per share)	$2.46	'	$2.46	'
Weighted average fair value of SARs granted (in dollars per share)	$1.85	'	$1.85	'