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SEC Filings

10-Q
GRAHAM HOLDINGS CO filed this Form 10-Q on 05/03/2017
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The Company’s education division comprises the following operating segments:
  
Three Months Ended
  
March 31
(in thousands)
2017
 
2016
Operating Revenues
  
 
  
Higher education
$
144,310

 
$
165,549

Test preparation
64,568

 
66,462

Kaplan international
164,562

 
169,287

Kaplan corporate and other
14

 
125

Intersegment elimination
(557
)
 
(347
)
  
$
372,897

 
$
401,076

Income (Loss) from Operations
  

 
  

Higher education
$
12,604

 
$
21,306

Test preparation
(2,864
)
 
(2,310
)
Kaplan international
7,707

 
4,897

Kaplan corporate and other
(8,469
)
 
(9,405
)
Intersegment elimination
53

 

  
$
9,031

 
$
14,488

Depreciation of Property, Plant and Equipment
  

 
  

Higher education
$
3,431

 
$
4,175

Test preparation
1,341

 
1,781

Kaplan international
3,682

 
5,060

Kaplan corporate and other
130

 
87

  
$
8,584

 
$
11,103

Amortization of Intangible Assets
$
1,120

 
$
1,681

Pension Expense
  

 
  

Higher education
$
2,044

 
$
1,905

Test preparation
911

 
768

Kaplan international
87

 
67

Kaplan corporate and other
(336
)
 
369

  
$
2,706

 
$
3,109

Asset information for the Company's education division is as follows:
  
As of
(in thousands)
March 31,
2017
 
December 31,
2016
Identifiable assets
  
 
  
Higher education
$
321,573

 
$
373,127

Test preparation
133,061

 
133,709

Kaplan international
1,000,432

 
950,922

Kaplan corporate and other
20,219

 
21,509

  
$
1,475,285

 
$
1,479,267


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