Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 130

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 130
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 other broadcast expenses, facilities expenses, third-party commission costs and other selling, general and administrative expenses (SG&A).(c)Manufacturing - payroll and fringe benefits expense (SG&A) and other SG&A expenses.(d)Healthcare - indirect costs (e.g. payroll and benefits expenses, general and administrative expenses) and other SG&A expenses.(e)Automotive - advertising and marketing expense and other G&A expenses.(7)Profit or loss from operating segments below the quantitative thresholds attributable to Other Businesses as described above. These operating segments did not meet any of the quantitative thresholds for determining reportable segments.(8)Capital Expenditures from operating segments below the quantitative thresholds are attributable to Other Businesses and the Corporate Office, as described above. None of these operating segments meet the quantitative thresholds for determining reportable segments.

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The Company’s education division comprises the following operating segments:Year Ended December 31, 2024(in thousands)Kaplan InternationalHigher EducationSupplemental EducationKaplan Corporate and OtherIntersegment EliminationTotal EducationOperating Revenues$1,074,207 $324,815 $291,630 $5,761 $(4,635)$1,691,778 Less: Significant Expenses (1)Cost of Revenue (2)361,508 247,196 51,574 — (4,796)655,482 Payroll and Fringe Benefits Expense (3)299,643 17,431 126,410 27,660 — 471,144 Occupancy Expense107,813 696 2,703 5,627 — 116,839 Advertising and Marketing Expense32,414 6,870 30,914 630 — 70,828 Other Segment Items (4)141,743 1,427 41,760 5,368 150 190,448 EBITDAP$131,086 $51,195 $38,269 $(33,524)$11 $187,037 Pension Service Cost704 7,620 7,848 1,561 17,733 Depreciation Expense28,683 2,825 3,487 63 35,058 Income (Loss) from Operations before Amortization of Intangible Assets and Impairment of Long-Lived Assets$101,699 $40,750 $26,934 $(35,148)$11 $134