XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues    
Operating Revenues $ 1,165,915 $ 1,152,662
Operating Costs and Expenses    
Selling, general and administrative 270,706 263,979
Depreciation of property, plant and equipment 20,554 22,527
Amortization of intangible assets 7,824 10,751
Total Operating Costs and Expenses 1,118,442 1,117,220
Income from Operations 47,473 35,442
Equity in (losses) earnings of affiliates, net (8,428) 2,331
Interest income 2,500 2,178
Interest expense 82,277 19,328
Non-operating pension and postretirement benefit income, net 34,617 42,417
Gain on marketable equity securities, net 43,801 104,152
Other (expense) income, net (4,065) 1,647
Income Before Income Taxes 33,621 168,839
Provision for Income Taxes 7,900 43,500
Net Income 25,721 125,339
Net Income Attributable to Noncontrolling Interests (1,827) (959)
Net Income Attributable to Graham Holdings Company Common Stockholders $ 23,894 $ 124,380
Per Share Information Attributable to Graham Holdings Company Common Stockholders    
Basic net income per common share (in USD per share) $ 5.50 $ 27.87
Basic average number of common shares outstanding (in shares) 4,320 4,432
Diluted net income per common share (in USD per share) $ 5.45 $ 27.72
Diluted average number of common shares outstanding (in shares) 4,358 4,457
Services [Member]    
Operating Revenues    
Operating Revenues $ 647,507 $ 646,410
Operating Costs and Expenses    
Cost of services and goods 386,136 387,743
Goods [Member]    
Operating Revenues    
Operating Revenues 518,408 506,252
Operating Costs and Expenses    
Cost of services and goods $ 433,222 $ 432,220