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Investor Relations

SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/03/2017
Entire Document
 


GRAHAM HOLDINGS COMPANY
BUSINESS SEGMENT INFORMATION
(Unaudited)
 
 
 
 
  
Three Months Ended
 
  
  
March 31
 
%
(in thousands)
2017
 
2016
 
Change
Operating Revenues
  
 
  
 
  
Education
$
372,897

 
$
401,076

 
(7
)
Television broadcasting
91,496

 
92,018

 
(1
)
Other businesses
118,324

 
108,716

 
9

Corporate office

 

 

Intersegment elimination

 
(70
)
 

  
$
582,717

 
$
601,740

 
(3
)
Operating Expenses
  

 
  

 
  

Education
$
363,866

 
$
386,588

 
(6
)
Television broadcasting
65,527

 
50,798

 
29

Other businesses
128,888

 
114,446

 
13

Corporate office
(4,618
)
 
(1,894
)
 

Intersegment elimination

 
(70
)
 

  
$
553,663

 
$
549,868

 
1

Operating Income (Loss)
  

 
  

 
  
Education
$
9,031

 
$
14,488

 
(38
)
Television broadcasting
25,969

 
41,220

 
(37
)
Other businesses
(10,564
)
 
(5,730
)
 
(84
)
Corporate office
4,618

 
1,894

 

  
$
29,054

 
$
51,872

 
(44
)
Depreciation
  

 
  

 
  
Education
$
8,584

 
$
11,103

 
(23
)
Television broadcasting
2,594

 
2,377

 
9

Other businesses
3,184

 
3,027

 
5

Corporate office
290

 
254

 
14

  
$
14,652

 
$
16,761

 
(13
)
Amortization of Intangible Assets
  

 
  

 
  
Education
$
1,120

 
$
1,681

 
(33
)
Television broadcasting
902

 
63

 

Other businesses
4,814

 
4,518

 
7

Corporate office

 

 

  
$
6,836

 
$
6,262

 
9

Pension Expense (Credit)
  

 
  

 
  
Education
$
2,706

 
$
3,109

 
(13
)
Television broadcasting
493

 
439

 
12

Other businesses
483

 
254

 
90

Corporate office
(18,370
)
 
(15,861
)
 
16

  
$
(14,688
)
 
$
(12,059
)
 
22


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