Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Summary of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

(in thousands)			Level 1		Level 2		Total
At September 30, 2012
Assets
	Money market investments⁽¹⁾		$	―	$	160,217	$	160,217
	Marketable equity securities⁽³⁾			379,928		―		379,928
	Other current investments⁽⁴⁾			22,115		22,234		44,349
		Total Financial Assets	$	402,043	$	182,451	$	584,494

Liabilities
	Deferred compensation plan liabilities⁽⁶⁾		$	―	$	60,996	$	60,996
	7.25% unsecured notes⁽⁷⁾			―		485,164		485,164
	AUD 50M borrowing⁽⁷⁾			―		51,877		51,877
	Interest rate swap⁽⁸⁾			―		1,146		1,146
		Total Financial Liabilities	$	―	$	599,183	$	599,183

At December 31, 2011
Assets
	Money market investments⁽²⁾		$	―	$	180,136	$	180,136
	Marketable equity securities⁽³⁾			303,201		―		303,201
	Other current investments⁽⁴⁾			15,223		20,250		35,473
	Interest rate swap⁽⁵⁾			―		14		14
		Total Financial Assets	$	318,424	$	200,400	$	518,824

Liabilities
	Deferred compensation plan liabilities⁽⁶⁾		$	―	$	63,403	$	63,403
	7.25% unsecured notes⁽⁷⁾			―		460,500		460,500
	AUD 50M borrowing⁽⁷⁾			―		51,012		51,012
		Total Financial Liabilities	$	―	$	574,915	$	574,915

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(1) The Company's money market investments at September 30, 2012 are included in cash and cash equivalents.

(2) The Company's money market investments at December 31, 2011 are included in cash, cash equivalents and restricted cash.

(3) The Company's investments in marketable equity securities are classified as available-for-sale.

(4) Includes U.S. Government Securities, corporate bonds, mutual funds and time deposits (with original maturities greater than 90 days, but less than one year).

(5) Included in Deferred charges and other assets. The fair value utilized a market approach model using the notional amount of the interest rate swap multiplied by the observable inputs of time to maturity and market interest rates.

(6) Includes The Washington Post Company Deferred Compensation Plan and supplemental savings plan benefits under The Washington Post Company Supplemental Executive Retirement Plan, which are included in accrued compensation and related benefits.

(7) See Note 6 for carrying amount of these notes and borrowing.

(8) Included in Other liabilities. The fair value utilized a market approach model using the notional amount of the interest rate swap multiplied by the observable inputs of time to maturity and market interest rates.