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Investor Relations

SEC Filings

10-Q
GRAHAM HOLDINGS CO filed this Form 10-Q on 05/18/1994
Entire Document
 
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The Washington Post Company
Consolidated Balance Sheets (Unaudited)

<TABLE>
<CAPTION>
                                                                                April 3,             January 2,
(In thousands)                                                                    1994                  1994  
                                                                                --------              --------

<S>                                                                           <C>                  <C>
Assets

Current assets
   Cash and cash equivalents                                                   $  377,891           $  171,512
   Marketable securities                                                           76,870              258,412
   Accounts receivable, less estimated returns,
      doubtful accounts and allowances                                            126,004              140,518
   Inventories                                                                     20,678               16,419
   Program rights                                                                  14,564               15,460
   Other current assets                                                            17,451               23,253
                                                                                ---------            ---------
                                                                                  633,458              625,574

Investments in affiliates                                                         158,845              155,251

Property, plant and equipment
   Buildings                                                                      170,159              166,433
   Machinery, equipment and fixtures                                              582,030              579,423
   Leasehold improvements                                                          29,452               29,287
                                                                                ---------            ---------
                                                                                  781,641              775,143
   Less accumulated depreciation and amortization                                (482,015)            (469,359)
                                                                                ---------            ---------  
                                                                                  299,626              305,784
   Land                                                                            28,841               28,799
   Construction in progress                                                        43,269               29,135
                                                                                ---------            ---------
                                                                                  371,736              363,718
Goodwill and other intangibles,
   less accumulated amortization                                                  304,898              309,157

Deferred charges and other assets                                                 190,675              168,804
                                                                                ---------             --------
                                                                               $1,659,612           $1,622,504
                                                                                =========            =========
Liabilities and Shareholders' equity

Current liabilities
   Accounts payable and accrued liabilities                                    $  147,639           $  163,553
   Federal and state income taxes                                                  36,912               15,726
   Deferred subscription revenue                                                   80,779               79,254
   Dividends declared                                                              12,299                   --
                                                                                ---------             --------
                                                                                  277,629              258,533
Other liabilities                                                                 195,610              191,088

Long-term debt                                                                     50,350               51,768

Deferred income taxes                                                              37,415               33,696
                                                                                ---------            ---------
                                                                                  561,004              535,085
Shareholders' equity

   Capital stock                                                                   20,000               20,000
   Capital in excess of par value                                                  21,322               21,354
   Retained earnings                                                            1,574,759            1,570,546
   Unrealized gain on available-for-sale
      securities (Note 3)                                                           6,285                   --
   Cumulative foreign currency translation
      adjustment                                                                    3,645                2,908
   Cost of class B common stock held in Treasury                                 (527,403)            (527,389)
                                                                                ---------            ---------  
                                                                                1,098,608            1,087,419
                                                                                ---------             --------
                                                                               $1,659,612           $1,622,504
                                                                                =========            =========
</TABLE>


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