Company: GHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-046925
Chunk: 19

Company: Graham Holdings Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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, respectively. Amortization of intangible assets for the nine months ended September 30, 2025 and 2024, was $24.8 million and $29.2 million, respectively. Amortization of intangible assets is estimated to be approximately $7 million for the remainder of 2025, $24 million in 2026, $9 million in 2027, $6 million in 2028, $5 million in 2029 and $18 million thereafter.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 Acquisitions1,262 — 41,515 — — — 42,777 Dispositions(1,204)— — — — — (1,204)Foreign currency exchange rate changes30,359 — — — — — 30,359 Balance as of September 30, 2025        Goodwill1,176,752 190,815 276,508 135,038 129,280 251,216 2,159,609 Accumulated impairment losses(331,151)— (82,062)— — (174,428)(587,641)$845,601 $190,815 $194,446 $135,038 $129,280 $76,788 $1,571,968 

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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 $174,564 $391,276 $1,146,335 Accumulated impairment losses— (111,324)(219,827)(331,151)580