Company: GHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000104889-25-000062
Chunk: 82

Company: Graham Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 82
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 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:Six Months Ended June 30, 2025(in thousands)Kaplan InternationalHigher EducationSupplemental EducationKaplan Corporate and OtherIntersegment EliminationTotal EducationOperating Revenues$533,427 $173,225 $155,564 $35 $(707)$861,544 Less: Significant Expenses (1)Cost of Revenue (2)177,518 123,383 24,872 (669)325,104 Payroll and Fringe Benefits Expense (3)147,322 9,719 66,512 10,416 (22)233,947 Occupancy Expense54,565 360 1,886 135 56,946 Advertising and Marketing Expense16,943 4,008 19,210 250 40,411 Other Segment Items (4)63,852 440 24,467 2,493 36 91,288 EBITDAP$73,227 $35,315 $18,617 $(13,259)$(52)$113,848 Pension Service Cost286 3,697 3,859 794 8,636 Depreciation Expense12,942 839 1,384 11 15,176 Income (Loss) from Operations before Amortization of Intangible Assets$59,999 $30,779 $13,374 $(14,064)$(52)$90,036 Capital Expenditures$6,500 $665 $2,945 $7 $10,117 (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