Company: GHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000104889-25-000062
Chunk: 83

Company: Graham Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 83
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 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, 2024(in thousands)EducationTelevision BroadcastingManufacturingHealthcareAutomotiveTotal SegmentsOperating Revenues$845,497 $228,536 $205,529 $275,729 $612,654 $2,167,945 Reconciliation of RevenueOther Businesses and Corporate Office Revenues (1)171,440 Intersegment Elimination(1,443)Total Consolidated Revenues$2,337,942 Less: Significant Expenses (2)Cost of Revenue (3)328,940 153,591 152,665 521,749 1,156,945 Payroll and Fringe Benefits Expense (4)231,922 58,396 43,102 333,420 Occupancy Expense60,958 3,774 64,732 Advertising and Marketing Expense35,546 35,546 Networking and Programming Expense63,526 63,526 Management Services (5)4,009 4,009 Other Segment Items (6)89,439 34,350 32,508 90,116 16,674 263,087 EBITDAP$98,692 $72,264 $19,430 $32,948 $23,346 $246,680 Pension Service Cost8,822 3,055 919 9,609 57 22,462 Depreciation Expense18,160 5,738 5,409 3,277 3,429 36,013 Income from Operations before Amortization of Intangible Assets$71,710 $63,471 $13,102 $20,062 $19,860 $188,205 Other Businesses (7)(50,383)Corporate Costs(29,373)Am