Company: GHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000104889-25-000062
Chunk: 29

Company: Graham Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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(in thousands)2025202420252024Impairment of cost method investments$(12,679)$(338)$(12,679)$(744)Foreign currency loss, net(4,475)(1,700)(8,854)(1,083)Gain on sale of businesses371 3,483 371 4,358 Gain on sale of investment in affiliate— 15 — 15 Other gain, net327 331 641 892 Total Other Non-Operating (Expense) Income$(16,456)$1,791 $(20,521)$3,438 During the six months ended June 30, 2024, the Company recorded contingent consideration gains of $0.9 million related to the disposition of Kaplan University (KU) in 2018.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 2).

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13.    ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The other comprehensive income (loss) consists of the following components:Three Months Ended June 30  20252024  Before-TaxIncomeAfter-TaxBefore-TaxIncomeAfter-Tax(in thousands)AmountTaxAmountAmountTaxAmountForeign currency translation adjustments:            Translation adjustments arising during the period$32,283 $— $32,283 $3,517 $— $3,517 Adjustment for sale of a business with foreign operations646 — 646 — — — 32,929 — 32,929 3,517 — 3,517 Pension and other postretirement plans:            Amortization of net prior service credit included in net income(521)133 (388)(482)124 (358)Amortization of net actuarial gain included in net income(380)98 (282)(11,733)3,004 (8,729)(901)231 (670)(12,215)3,128 (9,087)Cash flow hedges:            (Loss) gain for the period(364)95 (269)346 (91)255 Other Comprehensive Income (Loss)$31,664 $326 $31,990 $(8,352)$3,037 $(5,315)