Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 133

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 133
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 - other broadcast expenses, facilities expenses, third-party commission costs and other selling, general and administrative expenses (SG&A).(c)Manufacturing - payroll and fringe benefits expense (SG&A) 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:Year Ended December 31, 2023(in thousands)Kaplan InternationalHigher EducationSupplemental EducationKaplan Corporate and OtherIntersegment EliminationTotal EducationOperating Revenues$966,879 $326,961 $292,776 $11,012 $(10,047)$1,587,581 Less: Significant Expenses (1)Cost of Revenue (2)320,183 254,378 55,162 — (5,992)623,731 Payroll and Fringe Benefits Expense (3)267,878 17,334 127,396 22,823 (2,701)432,730 Occupancy Expense96,636 1,044 3,827 11,035 (312)112,230 Advertising and Marketing Expense30,654 5,123 28,226 424 — 64,427 Other Segment Items (4)135,172 1,987 46,381 5,818 (1,013)188,345 EBITDAP$116,356 $47,095 $31,784 $(29,088)$(29)$166,118 Pension Service Cost325 3,737 4,147 698 8,907 Depreciation Expense28,501 4,416 5,165 105 38,187 Income (Loss) from Operations before Amortization of Intangible Assets and Impairment of Long-Lived Assets$87,530 $38,942 $22,472 $(29,