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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues        
Operating Revenues $ 1,111,519 $ 1,012,438 $ 3,248,064 $ 2,860,461
Operating Costs and Expenses        
Selling, general and administrative 254,757 223,857 741,402 676,563
Depreciation of property, plant and equipment 22,207 19,657 63,335 58,545
Amortization of intangible assets 11,759 14,635 39,007 44,436
Impairment of goodwill and other long-lived assets 98,321 0 99,066 0
Total Operating Costs and Expenses 1,168,631 952,906 3,219,465 2,721,630
(Loss) Income from Operations (57,112) 59,532 28,599 138,831
Equity in (losses) earnings of affiliates, net (791) (1,111) (2,245) 2,920
Interest income 1,986 803 4,738 2,214
Interest expense (11,810) (11,579) (37,878) (38,969)
Non-operating pension and postretirement benefit income, net 35,653 50,687 97,313 152,063
Gain (loss) on marketable equity securities, net 16,759 (54,250) 113,429 (172,878)
Other income, net 3,581 2,358 22,458 6,410
(Loss) Income Before Income Taxes (11,734) 46,440 226,414 90,591
Provision for Income Taxes 9,400 12,600 70,400 26,800
Net (Loss) Income (21,134) 33,840 156,014 63,791
Net Income Attributable to Noncontrolling Interests (1,897) (1,060) (3,985) (2,872)
Net (Loss) Income Attributable to Graham Holdings Company Common Stockholders $ (23,031) $ 32,780 $ 152,029 $ 60,919
Per Share Information Attributable to Graham Holdings Company Common Stockholders        
Basic net (loss) income per common share (in USD per share) $ (5.02) $ 6.78 $ 32.23 $ 12.51
Basic average number of common shares outstanding (in shares) 4,602 4,808 4,686 4,841
Diluted net (loss) income per common share (in USD per share) $ (5.02) $ 6.76 $ 32.14 $ 12.48
Diluted average number of common shares outstanding (in shares) 4,602 4,820 4,700 4,853
Services [Member]        
Operating Revenues        
Operating Revenues $ 633,535 $ 588,166 $ 1,845,617 $ 1,708,848
Operating Costs and Expenses        
Cost of services and goods 373,784 342,138 1,093,756 996,821
Goods [Member]        
Operating Revenues        
Operating Revenues 477,984 424,272 1,402,447 1,151,613
Operating Costs and Expenses        
Cost of services and goods $ 407,803 $ 352,619 $ 1,182,899 $ 945,265