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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues        
Operating Revenues $ 1,104,999 $ 933,302 $ 2,136,545 $ 1,848,023
Operating Costs and Expenses        
Selling, general and administrative 244,683 227,844 486,645 452,706
Depreciation of property, plant and equipment 21,103 19,413 41,128 38,888
Amortization of intangible assets 13,304 14,889 27,248 29,801
Impairment of long-lived assets 0 0 745 0
Total Operating Costs and Expenses 1,046,944 893,974 2,050,834 1,768,724
Income from Operations 58,055 39,328 85,711 79,299
Equity in (losses) earnings of affiliates, net (6,115) 1,427 (1,454) 4,031
Interest income 1,548 696 2,752 1,411
Interest expense (11,774) (15,973) (26,068) (27,390)
Non-operating pension and postretirement benefit income, net 29,815 50,871 61,660 101,376
Gain (loss) on marketable equity securities, net 78,648 (165,540) 96,670 (118,628)
Other income, net 15,794 1,176 18,877 4,052
Income (Loss) Before Income Taxes 165,971 (88,015) 238,148 44,151
Provision for (Benefit from) Income Taxes 41,800 (21,400) 61,000 14,200
Net Income (Loss) 124,171 (66,615) 177,148 29,951
Net Income Attributable to Noncontrolling Interests (1,383) (870) (2,088) (1,812)
Net Income (Loss) Attributable to Graham Holdings Company Common Stockholders $ 122,788 $ (67,485) $ 175,060 $ 28,139
Per Share Information Attributable to Graham Holdings Company Common Stockholders        
Basic net income (loss) per common share (in USD per share) $ 25.96 $ (13.95) $ 36.78 $ 5.76
Basic average number of common shares outstanding (in shares) 4,700 4,842 4,729 4,857
Diluted net income (loss) per common share (in USD per share) $ 25.89 $ (13.95) $ 36.67 $ 5.74
Diluted average number of common shares outstanding (in shares) 4,713 4,842 4,744 4,870
Services [Member]        
Operating Revenues        
Operating Revenues $ 625,219 $ 563,113 $ 1,212,082 $ 1,120,682
Operating Costs and Expenses        
Cost of services and goods 363,030 329,702 719,972 654,683
Goods [Member]        
Operating Revenues        
Operating Revenues 479,780 370,189 924,463 727,341
Operating Costs and Expenses        
Cost of services and goods $ 404,824 $ 302,126 $ 775,096 $ 592,646