Company: GHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000104889-25-000032
Chunk: 5

Company: Graham Holdings Co
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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039,982 $347,893 $(4,481,534)$31,350 $4,325,765 $43,586 

(in thousands)Common StockCapital in Excess of Par ValueRetained EarningsAccumulated Other Comprehensive IncomeTreasury StockNoncontrolling InterestTotal EquityRedeemable Noncontrolling InterestAs of December 31, 2023$20,000 $372,040 $7,337,463 $614,337 $(4,368,103)$26,131 $4,001,868 $24,185 Net income for the period125,339 125,339 Net income attributable to noncontrolling interests(633)633 — Net income attributable to redeemable noncontrolling interests(326)(326)326 Change in redemption value of redeemable noncontrolling interests284 284 164 Noncontrolling interest capital contribution200 200 Distributions to noncontrolling interests(256)(256)(450)Dividends on common stock(15,352)(15,352)Repurchase of Class B common stock(20,227)(20,227)Issuance of Class B common stock, net of restricted stock award forfeitures(344)117 (227)Amortization of unearned stock compensation and stock option expense1,671 1,671 Other comprehensive loss, net of income taxes(22,492)(22,492)As of March 31, 2024$20,000 $373,367 $7,446,491 $591,845 $(4,388,213)$26,992 $4,070,482 $24,225 

See accompanying Notes to Condensed Consolidated Financial Statements.

5

GRAHAM HOLDINGS COMPANY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

1.    ORGANIZATION, BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS

Graham Holdings Company (the Company), is a diversified holding company whose operations include educational services, television broadcasting, manufacturing, healthcare, automotive dealerships and other businesses. Through Kaplan, Inc. (Kaplan), the Company provides a wide variety of educational services to students, schools, colleges, universities and businesses, both domestically and outside the United States (U.S.). Kaplan’s educational services include academic preparation programs for international students; English-language programs; operations