December 26,
1999

December 27,
1998

Current liabilities:

Accounts payable

$

32,032

$

41,050

Accrued expenses and other liabilities

75,190

106,047

Income taxes payable

508,966

—

Current maturity of long-term debt

13,000

—

Total current liabilities

629,188

147,097

Long-term debt

46,838

928,101

Deferred income taxes

217,437

244,968

Other liabilities and deferred credits

116,009

119,831

Commitments and contingencies (Note 9)

Stockholders’ equity:

Preferred stock ($5 cumulative convertible), par value $5 per share:

Authorized 5,000,000 shares; none outstanding

Common stock, par value $5 per share:

Class A, authorized 75,000,000 shares; issued 25,911,614 and 26,214,721 shares

129,558

131,074

Class B, authorized 600,000 shares; issued 556,574 shares

2,783

2,783

Additional paid-in capital

3,040

18,694

Accumulated other comprehensive income — unrealized gains on equity securities

7,392

—

Unearned compensation

(2,973

)

(1,050

)

Retained earnings

1,191,102

325,848

Total stockholders’ equity

1,330,902

477,349