Company: GHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000104889-25-000032
Chunk: 13

Company: Graham Holdings Co
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 $46,058 Work-in-process12,706 12,685 Finished goods204,338 234,344 Contracts in progress1,185 2,721  $262,489 $295,808 

9

6.    GOODWILL AND OTHER INTANGIBLE ASSETS

Amortization of intangible assets for the three months ended March 31, 2025 and 2024, was $7.8 million and $10.8 million, respectively. Amortization of intangible assets is estimated to be approximately $20 million for the remainder of 2025, $20 million in 2026, $5 million in 2027, $2 million in 2028 and $1 million in 2029. The changes in the carrying amount of goodwill, by segment, were as follows:(in thousands)EducationTelevision BroadcastingManufacturingHealthcareAutomotiveOther BusinessesTotalBalance as of December 31, 2024        Goodwill$1,146,335 $190,815 $234,993 $135,038 $129,280 $251,216 $2,087,677 Accumulated impairment losses(331,151)— (82,062)— — (174,428)(587,641)815,184 190,815 152,931 135,038 129,280 76,788 1,500,036 Reclassification to assets held for sale(1,070)— — — — — (1,070)Foreign currency exchange rate changes10,433 — — — — — 10,433 Balance as of March 31, 2025        Goodwill1,155,698 190,815 234,993 135,038 129,280 251,216 2,097,040 Accumulated impairment losses(331,151)— (82,062)— — (174,428)(587,641)$824,547 $190,815 $152,931 $135,038 $129,280 $76,788 $1,509,399 The changes in carrying amount of goodwill at the Company’s education division were as follows:(in thousands)Kaplan InternationalHigher EducationSupplemental EducationTotalBalance as of December 31, 2024      Goodwill$580,495