Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 121

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 121
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87,465 $(279,540)

115

Year Ended December 31, 2023Before-TaxIncomeAfter-Tax(in thousands)AmountTaxAmountForeign currency translation adjustments:Translation adjustments arising during the year$21,927 $— $21,927 Pension and other postretirement plans:Actuarial gain380,593 (97,436)283,157 Prior service credit11,263 (2,883)8,380 Amortization of net actuarial gain included in net income(42,146)10,790 (31,356)Amortization of net prior service cost included in net income1,641 (420)1,221 Settlement included in net income(1,087)279 (808)350,264 (89,670)260,594 Cash flow hedges:Loss for the year(5,630)1,295 (4,335)Other Comprehensive Income$366,561 $(88,375)$278,186 Year Ended December 31, 2022Before-TaxIncomeAfter-Tax(in thousands)AmountTaxAmountForeign currency translation adjustments:Translation adjustments arising during the year$(48,340)$— $(48,340)Pension and other postretirement plans:Actuarial loss(727,097)187,018 (540,079)Amortization of net actuarial gain included in net income(70,833)18,219 (52,614)Amortization of net prior service cost included in net income2,864 (737)2,127 (795,066)204,500 (590,566)Cash flow hedges:Gain for the year4,765 (1,096)3,669 Other Comprehensive Loss$(838,641)$203,404 $(635,237)The accumulated balances related to each component of other comprehensive income (loss) are as follows:(in thousands, net of taxes)Cumulative Foreign Currency Translation AdjustmentUnrealized Gain on Pensions and Other Postretirement PlansCash Flow HedgesAccumulated Other Comprehensive IncomeAs of December 31, 2022$(54,638)$388,591 $2,198 $336,151 Other comprehensive income before reclassifications21,927 291,537 1,028 314,492 Net amount reclassified from accumulated other comprehensive income— (30,