Company: GHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-046925
Chunk: 123

Company: Graham Holdings Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 123
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 Consolidated Statement of Operations or align across reportable segments. Cost of revenue excludes charges related to depreciation, which is shown separately above.(3)Excludes pension service cost, which is shown separately above. Excludes any payroll and related benefits costs captured in cost of revenue.(4)Other segment items for each reportable segment include:(a)Kaplan international - travel meals and entertainment expense, training and employment expense, operating fees and other G&A expenses.(b)Higher education - training and employment expense, operating fees and other G&A expenses.(c)Supplemental education - training and employment expense, operating fees and other G&A expenses.

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Company information broken down by operating segment and education division:Nine Months Ended September 30, 2024(in thousands)EducationTelevision BroadcastingManufacturingHealthcareAutomotiveTotal SegmentsOperating Revenues$1,283,587 $373,958 $300,914 $431,142 $902,046 $3,291,647 Reconciliation of RevenueOther Businesses and Corporate Office Revenues (1)255,480 Intersegment Elimination(2,023)Total Consolidated Revenues$3,545,104 Less: Significant Expenses (2)Cost of Revenue (3)496,432 223,316 239,768 767,261 1,726,777 Payroll and Fringe Benefits Expense (4)352,066 86,282 63,644 501,992 Occupancy Expense88,733 5,704 94,437 Advertising and Marketing Expense52,709 52,709 Networking and Programming Expense94,991 94,991 Management Services (5)6,027 6,027 Other Segment Items (6)144,623 52,863 47,258 137,449 25,192 407,385 EBITDAP$149,024 $139,822 $30,340 $53,925 $34,218 $407,329 Pension Service Cost13,267 4,583 1,897 14,413 86 34,246 Depreciation Expense26,736 8,494 8,227 5,031 5,203 53,691 Income from Operations before Amortization of Intangible Assets and Impairment of Goodwill and Other Intangible Assets$109,021 $126,745 $20