Company: GHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-046925
Chunk: 121

Company: Graham Holdings Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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Income from Operations before Amortization of Intangible Assets and Impairment of Intangible and Other Long-Lived Assets$140,492 $83,192 $29,045 $65,736 $22,663 $341,128 Other Businesses (7)(77,062)Corporate Costs(49,714)Amortization of Intangible Assets(24,757)Impairment of Intangible and Other Long-Lived Assets(2,235)Income from Operations$187,360 Equity in Earnings of Affiliates, Net10,466 Interest Expense, Net(111,322)Non-Operating Pension and Postretirement Benefit Income, Net94,266 Gain on Marketable Equity Securities, Net117,026 Other Expense, Net(20,514)Income Before Income Taxes$277,282 Capital Expenditures$13,741 $2,770 $7,650 $10,204 $4,151 $38,516 Reconciliation of Capital ExpendituresOther Businesses and Corporate Office Capital Expenditures (8)15,583 Total Capital Expenditures$54,099 (1)Revenue from segments below the quantitative thresholds is attributable to Other Businesses and the Corporate Office, as described above. None of these operating segments meet the quantitative thresholds for determining reportable segments.(2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.(3)Cost of revenue reflects the amounts reported and provided to the CODM and does not necessarily reconcile to the Company's Consolidated Statement of Operations or align across reportable segments. Cost of revenue excludes charges related to depreciation, which is shown separately above.(4)Excludes pension service cost, which is shown separately above. Excludes any payroll and related benefits costs captured in cost of revenue.(5)Management and operating services provided by Christopher J. Ourisman and his team of industry professionals.(6)Other segment items for each reportable segment include:(a)Education (includes Kaplan International, Kaplan Higher Education and Kaplan Supplemental Education) - training and employment expense, travel meals and entertainment expense, operating fees and other G&A expenses.(b)Television Broadcasting - other broadcast expenses, facilities expenses, third-party commission costs and other SG&A expenses.(c)Manufacturing - payroll and fringe benefits expense (SG&A) and other SG&A expenses.(d)Healthcare - indirect costs (e.g. payroll and benefits expenses,