Company: GHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000104889-25-000032
Chunk: 53

Company: Graham Holdings Co
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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UREMENTS 

The Company’s financial assets and liabilities measured at fair value on a recurring basis were as follows:As of March 31, 2025(in thousands)Level 1Level 2Level 3TotalAssets      Money market investments (1) $— $6,212 $— $6,212 Marketable equity securities (2)901,059 — — 901,059 Other current investments (3)— 7,980 — 7,980 Total Financial Assets$901,059 $14,192 $— $915,251 Liabilities      Contingent consideration liabilities (4)$— $— $1,485 $1,485 Interest rate swaps (5) — 2,112 — 2,112 Mandatorily redeemable noncontrolling interest (6)— — 20,720 20,720 Total Financial Liabilities$— $2,112 $22,205 $24,317 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 (7)— 710 — 710 Total Financial Assets$852,434 $10,927 $— $863,361 Liabilities      Contingent consideration liabilities (4)$— $— $1,419 $1,419 Interest rate swaps (5)— 1,419 — 1,419 Mandatorily redeemable noncontrolling interest (6)— — 159,548 159,548 Total Financial Liabilities$— $1,419 $160,967 $162,386 ____________(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. stock exchanges. Price quotes for these shares are readily available. (3)Includes mutual funds, which are valued using a