Company: GHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000104889-25-000032
Chunk: 31

Company: Graham Holdings Co
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 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:Three Months Ended March 31, 2024(in thousands)Kaplan InternationalHigher EducationSupplemental EducationKaplan Corporate and OtherIntersegment EliminationTotal EducationOperating Revenues$269,798 $80,122 $72,122 $2,588 $(2,032)$422,598 Less: Significant Expenses (1)Cost of Revenue (2)91,653 65,987 13,834 (1,935)169,539 Payroll and Fringe Benefits Expense (3)73,114 4,001 31,109 5,673 113,897 Occupancy Expense26,996 174 639 2,720 30,529 Advertising and Marketing Expense7,910 1,623 7,394 98 17,025 Other Segment Items (4)31,294 134 11,729 1,307 168 44,632 EBITDAP$38,831 $8,203 $7,417 $(7,210)$(265)$46,976 Pension Service Cost163 1,781 1,818 348 4,110 Depreciation Expense7,356 903 1,019 27 9,305 Income (Loss) from Operations before Amortization of Intangible Assets$31,312 $5,519 $4,580 $(7,585)$(265)$33,561 Capital Expenditures$7,017 $59 $443 $— $7,519 (1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.(2)Cost of revenue reflects the amounts reported and provided to the CODM