Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 98

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 98
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 MEASUREMENTS

The Company’s financial assets and liabilities measured at fair value on a recurring basis were as follows:As of December 31, 2024(in thousands)Level 1Level 2Level 3TotalAssets   Money market investments (1) $— $3,908 $— $3,908 Marketable equity securities (2) 852,434 — — 852,434 Other current investments (3) — 6,309 — 6,309 Foreign exchange swap (4)— 710 — 710 Total Financial Assets$852,434 $10,927 $— $863,361 Liabilities   Contingent consideration liabilities (5)$— $— $1,419 $1,419 Interest rate swaps (6) — 1,419 — 1,419 Mandatorily redeemable noncontrolling interest (7)— — 159,548 159,548 Total Financial Liabilities$— $1,419 $160,967 $162,386 As of December 31, 2023(in thousands)Level 1Level 2Level 3TotalAssets      Money market investments (1) $— $5,577 $— $5,577 Marketable equity securities (2) 690,153 — — 690,153 Other current investments (3) 6,875 — — 6,875 Total Financial Assets$697,028 $5,577 $— $702,605 Liabilities      Contingent consideration liabilities (5)$— $— $788 $788 Interest rate swap (6)— 2,761 — 2,761 Foreign exchange swap (8)— 86 — 86 Mandatorily redeemable noncontrolling interest (7)— — 40,764 40,764 Total Financial Liabilities$— $2,847 $41,552 $44,399 ____________(1)The Company’s money market investments are included in cash and cash equivalents and the value considers the liquidity of the counterparty. (2)The Company’s investments in marketable equity securities are held in common shares of U.S. corporations that are actively traded on U.S. exchanges. Price quotes for these shares are