Company: GHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-046925
Chunk: 47

Company: Graham Holdings Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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568 88,733 Advertising and Marketing Expense23,909 5,084 23,330 386 52,709 Other Segment Items (4)106,825 1,222 32,301 4,122 153 144,623 EBITDAP$104,936 $39,278 $29,965 $(25,163)$8 $149,024 Pension Service Cost527 5,729 5,874 1,137 13,267 Depreciation Expense21,735 2,291 2,653 57 26,736 Income (Loss) from Operations before Amortization of Intangible Assets$82,674 $31,258 $21,438 $(26,357)$8 $109,021 Capital Expenditures$16,254 $768 $1,446 $— $18,468 (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 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.(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.Asset information for the Company’s business segments and education division is as follows: As of(in thousands)September 30, 2025December 31, 2024Identifiable Assets  Kaplan international$1,477,830 $1,500,846 Higher education166,186 182,442 Supplemental education235,712 238,836 Kaplan corporate and other36,668 41,754 Education1,916,396 1,963,878 Television broadcasting390,131 402,200 Manufacturing551,370 411,137 Healthcare354,387 308,591