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Investor Relations

SEC Filings

10-K
GRAHAM HOLDINGS CO filed this Form 10-K on 03/29/1994
Entire Document
 
<PAGE>   40
                          THE WASHINGTON POST COMPANY
                          ---------------------------


<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------
                                                             First           Second           Third          Fourth
                                                            Quarter         Quarter         Quarter         Quarter
- --------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>             <C>             <C>             <C>
1992
  Operating revenues
    Advertising . . . . . . . . . . . . . . . . . . .      $ 195,668       $  242,929      $  203,348      $ 253,700
    Circulation and subscriber  . . . . . . . . . . .        105,480          107,989         109,045        113,679
    Other . . . . . . . . . . . . . . . . . . . . . .         27,923           26,015          38,628         26,463
                                                           ---------       ----------      ----------      ---------
                                                             329,071          376,933         351,021        393,842
                                                           ---------       ----------      ----------      ---------
  Operating costs and expenses
    Operating . . . . . . . . . . . . . . . . . . . .        187,115          186,461         197,675        216,005
    Selling, general and administrative . . . . . . .         85,655           90,726          84,293         96,125
    Depreciation and amortization of
      property, plant and equipment . . . . . . . . .         14,709           14,850          14,711         14,952
    Amortization of goodwill and other intangibles  .          3,798            3,842           3,941          3,897
                                                           ---------       ----------      ----------      ---------
                                                             291,277          295,879         300,620        330,979
                                                           ---------       ----------      ----------      ---------
  Income from operations  . . . . . . . . . . . . . .         37,794           81,054          50,401         62,863
  Other income (expense)
    Equity in (losses) of affiliates  . . . . . . . .         (4,848)          (1,709)         (2,411)        (2,762)
    Interest income . . . . . . . . . . . . . . . . .          3,030            2,820           2,944          3,060
    Interest expense  . . . . . . . . . . . . . . . .         (1,535)          (1,780)         (1,671)        (1,399)
    Other . . . . . . . . . . . . . . . . . . . . . .             89             (108)            (66)        (1,570)
                                                           ---------       ----------      ----------      ---------
  Income before income taxes  . . . . . . . . . . . .         34,530           80,277          49,197         60,192
  Provision for income taxes  . . . . . . . . . . . .         14,850           34,525          21,650         25,375
                                                           ---------       ----------      ----------      ---------
  Net income  . . . . . . . . . . . . . . . . . . . .      $  19,680       $   45,752      $   27,547      $  34,817
                                                           =========       ==========      ==========      =========
  Earnings per share  . . . . . . . . . . . . . . . .      $    1.66       $     3.87      $     2.33      $    2.94
                                                           =========       ==========      ==========      =========
  Average number of shares outstanding  . . . . . . .         11,835           11,835          11,835         11,816
</TABLE>


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