Investments (Tables)

9 Months Ended

Sep. 30, 2015

Investments consisted of the following (in thousands):



	September 30, 2015		December 28, 2014
Equity method investments	$	1,645,979	$	1,689,996
Cost method investments	15,868		18,238
Marketable equity securities	2,990		8,958
Total investments	$	1,664,837	$	1,717,192

Equity Method Investments Information

Income from equity investments, net reported in the Company’s unaudited condensed consolidated statements of operations consisted of the following (in thousands):



	Three Months Ended						Nine Months Ended
	September 30, 2015			September 28, 2014			September 30, 2015			September 28, 2014
Income from equity investments, net, before amortization of basis difference	$	50,549		$	54,933		$	160,520		$	326,549
Amortization of basis difference (1)	(13,562		)	(14,374		)	(40,686		)	(128,774		)
Income from equity investments, net	$	36,987		$	40,559		$	119,834		$	197,775


(1)	Amortization of basis difference for the nine months ended September 28, 2014 includes $85 million related to the sale by CV of its Apartments.com business.

Cash distributions from the Company’s equity method investments were as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30, 2015		September 28, 2014		September 30, 2015		September 28, 2014
Cash distributions from equity investments (1)	$	31,954	$	17,690	$	161,102	$	333,022


(1)	Cash distributions for the nine months ended September 28, 2014 include $160 million of the Company’s share of the proceeds from the sale by CV of its Apartments.com business, which is reflected as an inflow from investing activities in the unaudited condensed consolidated statement of cash flows.

Summary of Financial Information of Equity Investments [Table Text Block]

Summarized Financial Information—Summarized financial information for TV Food Network is as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30, 2015		September 28, 2014		September 30, 2015		September 28, 2014
Revenues, net	$	264,997	$	254,479	$	804,630	$	797,660
Operating income	$	123,579	$	121,334	$	405,605	$	394,654
Net income	$	124,347	$	122,548	$	414,272	$	405,420

Summarized financial information for CareerBuilder is as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30, 2015		September 28, 2014		September 30, 2015		September 28, 2014
Revenues, net	$	175,540	$	184,647	$	526,728	$	532,796
Operating income	$	37,353	$	46,362	$	101,293	$	102,176
Net income	$	36,470	$	44,837	$	97,884	$	100,093