Company: GHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-046925
Chunk: 4

Company: Graham Holdings Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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,746 Net pension benefit, early retirement program and special separation benefit expense(61,090)(64,532)Gain on marketable equity securities and cost method investments, net of impairment(102,861)(153,723)Loss (gain) on disposition of businesses, property, plant and equipment and investments, net1,019 (7,813)Credit loss expense2,921 2,672 Stock-based compensation expense, net of forfeitures4,797 4,718 Foreign exchange loss7,707 5,642 Equity in (earnings) losses of affiliates, net of distributions(2,562)19,396 Provision for deferred income taxes28,578 15,504 Change in operating assets and liabilities:Accounts receivable13,083 11,322 Inventories22,682 (8,105)Accounts payable and accrued liabilities31,249 33,619 Deferred revenue14,382 30,977 Income taxes receivable/payable5,455 34,710 Lease liabilities(41,722)(47,156)Other assets and other liabilities, net71,708 63,124 Other443 44 Net Cash Provided by Operating Activities318,896 290,676 Cash Flows from Investing Activities    Purchases of property, plant and equipment(48,618)(57,680)Purchases of marketable equity securities(29,823)(5,000)Investments in certain businesses, net of cash acquired(19,486)(4,022)Investments in equity affiliates and cost method investments(10,512)(2,188)Net proceeds from disposition of businesses, property, plant and equipment and investments7,747 8,342 Proceeds from sales of marketable equity securities— 23,524 Loan to related party— (2,000)Other 2,330 3,344 Net Cash Used in Investing Activities(98,362)(35,680)Cash Flows from Financing Activities    Distributions paid to noncontrolling interests(191,609)(4,010)Net (repayments of) proceeds from vehicle floor plan payable(27,897)8,443 Dividends paid(23,508)(22,926)Repayments of borrowings(22,089)(16,053)Principal payments of finance leases(13,049)(5,767)Deferred payments of acquisitions(7,017)(5