Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 120

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 120
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 2024, 2023 and 2022, the Company recorded contingent consideration gains of $0.9 million, $5.6 million and $4.3 million, respectively, related to the disposition of Kaplan University (KU) in 2018.In the third quarter of 2024, the Company recorded a $3.7 million gain related to Kaplan’s sale of a small business (see Note 3). In the second quarter of 2024, the Company recorded a $3.5 million gain related to the sale of a small business by WGB, which included five websites (see Note 3). In the second quarter of 2023, the Company recorded a $10.0 million gain related to the Pinna transaction (see Notes 3 and 4). The Company used a market approach to determine the fair value of the noncontrolling financial interest received in Realm in exchange for the Pinna business. In the fourth quarter of 2022, the Company recorded an $18.4 million gain related to the CyberVista transaction (see Notes 3 and 4). The Company used a market approach to determine the fair value of the noncontrolling financial interest retained in CyberVista through its interest in N2K Networks.

17.    ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The other comprehensive (loss) income consists of the following components:Year Ended December 31, 2024Before-TaxIncomeAfter-Tax(in thousands)AmountTaxAmountForeign currency translation adjustments:Translation adjustments arising during the year$(24,568)$— $(24,568)Adjustment for sale of a business with foreign operations(765)— (765)(25,333)— (25,333)Pension and other postretirement plans:Actuarial gain351,322 (89,943)261,379 Prior service credit734 (188)546 Amortization of net actuarial gain included in net income(39,742)10,174 (29,568)Amortization of net prior service credit included in net income(1,951)500 (1,451)Settlement included in net income(653,427)167,285 (486,142)(343,064)87,828 (255,236)Cash flow hedges:Gain for the year1,392 (363)1,029 Other Comprehensive Loss$(367,005)$