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Business Segments (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting Information [Line Items]  
Summary of Segment Reporting Information, by Operating Segment
 The following table summarizes the quarterly financial information related to each of the Company’s business segments:
  
March 31,
 
March 31,
 
June 30,
 
September 30,
 
December 31,
(in thousands)
2014
 
2013
 
2013
 
2013
 
2013
Operating Revenues
 
 
  
 
  
 
  
 
  
Education
$
526,174

 
$
527,815

 
$
548,230

 
$
546,452

 
$
555,011

Cable
203,921

 
200,138

 
204,550

 
202,381

 
200,240

Television broadcasting
85,651

 
68,902

 
80,228

 
73,488

 
85,688

Other businesses
24,913

 
23,814

 
37,572

 
36,682

 
30,735

Corporate office

 

 

 

 

Intersegment elimination
(98
)
 
(77
)
 
(76
)
 
(49
)
 
(39
)
  
$
840,561

 
$
820,592

 
$
870,504

 
$
858,954

 
$
871,635

Income (Loss) From Operations
 
 
 
 
 
 
 
 
 
Education
$
2,522

 
$
(4,056
)
 
$
23,726

 
$
17,035

 
$
14,596

Cable
41,162

 
36,613

 
44,710

 
39,715

 
48,697

Television broadcasting
44,386

 
29,111

 
39,235

 
32,847

 
43,999

Other businesses
(10,747
)
 
(8,542
)
 
(5,968
)
 
(5,046
)
 
(3,912
)
Corporate office
2,206

 
(5,979
)
 
(5,402
)
 
(6,135
)
 
(5,763
)
  
$
79,529

 
$
47,147

 
$
96,301

 
$
78,416

 
$
97,617

Equity in Earnings of Affiliates, Net
4,052

 
3,418

 
3,868

 
5,892

 
37

Interest Expense, Net
(8,221
)
 
(8,450
)
 
(8,526
)
 
(8,579
)
 
(8,248
)
Other Income (Expense), Net
133,273

 
(4,083
)
 
(12,858
)
 
8,110

 
(14,920
)
Income from Continuing Operations Before Income Taxes
$
208,633

 
$
38,032

 
$
78,785

 
$
83,839

 
$
74,486

Depreciation of Property, Plant and Equipment
 
 
 
 
 
 
 
 
 
Education
$
16,444

 
$
22,588

 
$
20,064

 
$
18,978

 
$
28,134

Cable
33,787

 
33,733

 
33,964

 
32,946

 
27,541

Television broadcasting
1,994

 
2,209

 
2,214

 
2,181

 
2,142

Other businesses
520

 
429

 
577

 
555

 
616

Corporate office
500

 

 
60

 
45

 
521

  
$
53,245

 
$
58,959

 
$
56,879

 
$
54,705

 
$
58,954

Amortization of Intangible Assets and Impairment of Goodwill and Other Long-Lived Assets
 
 
 
 
 
 
 
 
 
Education
$
2,288

 
$
2,518

 
$
2,363

 
$
2,287

 
$
6,044

Cable
35

 
50

 
57

 
61

 
52

Television broadcasting

 

 

 

 

Other businesses
758

 
1,149

 
893

 
489

 
885

Corporate office

 

 

 

 

  
$
3,081

 
$
3,717

 
$
3,313

 
$
2,837

 
$
6,981

Net Pension (Credit) Expense
 
 
  

 
  

 
  

 
  

Education
$
4,143

 
$
4,106

 
$
4,231

 
$
4,169

 
$
4,032

Cable
864

 
882

 
913

 
973

 
940

Television broadcasting
320

 
1,344

 
1,250

 
1,297

 
70

Other businesses
164

 
116

 
134

 
173

 
187

Corporate office
(17,679
)
 
(9,121
)
 
(9,129
)
 
(9,299
)
 
(14,287
)
  
$
(12,188
)
 
$
(2,673
)
 
$
(2,601
)
 
$
(2,687
)
 
$
(9,058
)
The following table summarizes annual financial information related to each of the Company’s business segments:
  
Year Ended December 31
(in thousands)
2013
 
2012
Operating Revenues
  
 
  
Education
$
2,177,508

 
$
2,196,496

Cable television
807,309

 
787,117

Television broadcasting
308,306

 
328,396

Other businesses
128,803

 
72,837

Corporate office

 

Intersegment elimination
(241
)
 
(296
)
  
$
3,421,685

 
$
3,384,550

Income (Loss) from Operations
 
 
 
Education
$
51,301

 
$
(105,368
)
Cable television
169,735

 
154,581

Television broadcasting
145,192

 
162,131

Other businesses
(23,468
)
 
(33,010
)
Corporate office
(23,279
)
 
(28,665
)
  
$
319,481

 
$
149,669

Equity in Earnings of Affiliates, Net
13,215

 
14,086

Interest Expense, Net
(33,803
)
 
(32,551
)
Other Expense, Net
(23,751
)
 
(5,456
)
Income from Continuing Operations Before Income Taxes
$
275,142

 
$
125,748

Depreciation of Property, Plant and Equipment
 
 
 
Education
$
89,764

 
$
101,183

Cable television
128,184

 
129,107

Television broadcasting
8,746

 
9,253

Other businesses
2,177

 
770

Corporate office
626

 

  
$
229,497

 
$
240,313

Amortization of Intangible Assets and Impairment of Goodwill and Other Intangible Assets
  

 
  

Education
$
13,212

 
$
129,312

Cable television
220

 
211

Television broadcasting

 

Other businesses
3,416

 
3,016

Corporate office

 

  
$
16,848

 
$
132,539

Net Pension (Credit) Expense
  

 
  

Education
$
16,538

 
$
11,584

Cable television
3,708

 
2,540

Television broadcasting
3,961

 
5,046

Other businesses
610

 
169

Corporate office
(41,836
)
 
(27,871
)
  
$
(17,019
)
 
$
(8,532
)
Asset information for the Company’s business segments are as follows:
  
As of
(in thousands)
March 31,
2014
 
December 31,
2013
Identifiable Assets
  
 
  
Education
$
1,745,562

 
$
1,921,037

Cable television
1,183,434

 
1,215,320

Television broadcasting
291,518

 
383,251

Other businesses
156,858

 
171,539

Corporate office
647,173

 
371,484

  
$
4,024,545

 
$
4,062,631

Investments in Marketable Equity Securities
510,697

 
487,156

Investments in Affiliates
20,953

 
15,754

Prepaid Pension Cost
1,250,658

 
1,245,505

Assets Held for Sale
113,709

 

Total Assets
$
5,920,562

 
$
5,811,046

Education [Member]
 
Segment Reporting Information [Line Items]  
Summary of Segment Reporting Information, by Operating Segment
The Company’s education division comprises the following operating segments:
  
Three Months Ended
  
March 31
(in thousands)
2014
 
2013
Operating Revenues
  
 
  
Higher education
$
253,779

 
$
271,860

Test preparation
67,804

 
68,943

Kaplan international
202,867

 
184,813

Kaplan corporate and other
2,014

 
2,604

Intersegment elimination
(290
)
 
(405
)
  
$
526,174

 
$
527,815

Income (Loss) from Operations
  

 
  

Higher education
$
13,144

 
$
5,101

Test preparation
(6,628
)
 
(4,345
)
Kaplan international
10,882

 
6,397

Kaplan corporate and other
(14,920
)
 
(11,340
)
Intersegment elimination
44

 
131

  
$
2,522

 
$
(4,056
)
Depreciation of Property, Plant and Equipment
  

 
  

Higher education
$
7,740

 
$
13,439

Test preparation
3,784

 
4,758

Kaplan international
4,708

 
3,996

Kaplan corporate and other
212

 
395

  
$
16,444

 
$
22,588

Amortization of Intangible Assets
$
2,288

 
$
2,518

Pension Expense
  

 
  

Higher education
$
2,628

 
$
2,807

Test preparation
722

 
640

Kaplan international
89

 
87

Kaplan corporate and other
704

 
572

  
$
4,143

 
$
4,106

Identifiable assets for the Company’s education division consist of the following:
  
As of
(in thousands)
March 31,
2014
 
December 31,
2013
Identifiable assets
  
 
  
Higher education
$
653,409

 
$
859,208

Test preparation
177,288

 
173,435

Kaplan international
866,656

 
864,507

Kaplan corporate and other
48,209

 
23,887

  
$
1,745,562

 
$
1,921,037