Company: GHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000104889-25-000062
Chunk: 80

Company: Graham Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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174 $461 $— $5,138 (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.

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Company information broken down by operating segment and education division:Six Months Ended June 30, 2025(in thousands)EducationTelevision BroadcastingManufacturingHealthcareAutomotiveTotal SegmentsOperating Revenues$861,544 $209,538 $194,223 $375,960 $566,563 $2,207,828 Reconciliation of RevenueOther Businesses and Corporate Office Revenues (1)175,108 Intersegment Elimination(1,249)Total Consolidated Revenues$2,381,687 Less: Significant Expenses (2)Cost of Revenue (3)325,104 135,105 222,067 481,946 1,164,222 Payroll and Fringe Benefits Expense (4)233,947 54,582 39,056 327,585 Occupancy Expense56,946 3,728 60,674 Advertising and Marketing Expense40,411 40,411 Networking and Programming Expense62,564 62,564 Management Services (5)4,111 4,111 Other Segment Items (6)91,288 29,130 34,123 101,743 18,442 274,726 EBITDAP$113,848 $63,262 $24,995 $52,150 $19,280 $273,535 Pension Service Cost8,636 2,951 1,730 4,992 48 18,357 Depreciation Expense