Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations [Abstract]

Carrying Amounts of Assets and Liabilities Included in Discontinued Operations and Summarized Income (Loss) from Discontinued Operations, Net Of Tax [Table Text Block]

		September 30,
(in thousands)		2013
Cash and cash equivalents		$	849
Accounts receivable, net			60,369
Inventories			3,965
Other current assets			5,177
	Current Assets of Discontinued Operations	$	70,360
Property, plant and equipment, net		$	116,639
Goodwill, net			13,602
Prepaid pension cost			50,000
Deferred charges and other assets			4,499
	Noncurrent Assets of Discontinued Operations	$	184,740
Accounts payable and accrued liabilities		$	35,616
Deferred revenue			22,207
	Current Liabilities of Discontinued Operations	$	57,823
Postretirement benefits other than pensions		$	24,999
Accrued compensation and related benefits			8,998
Other liabilities			11,735
	Noncurrent Liabilities of Discontinued Operations	$	45,732

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2013		2012		2013		2012
Operating revenues	$	124,725	$	137,668	$	382,705	$	441,308
Operating costs and expenses		(165,380)		(155,701)		(467,434)		(491,698)
Loss from discontinued operations		(40,655)		(18,033)		(84,729)		(50,390)
Benefit from income taxes		(14,783)		(5,568)		(30,059)		(16,568)
Net Loss from Discontinued Operations		(25,872)		(12,465)		(54,670)		(33,822)
(Loss) gain on sales of discontinued operations		―		(2,174)		(70)		23,759
Benefit from income taxes on sales of discontinued operations		―		(52,178)		(24)		(64,591)
(Loss) Income from Discontinued Operations, Net of Tax	$	(25,872)	$	37,539	$	(54,716)	$	54,528

2013 Quarterly Operating Results After Reclassifying Certain Operations As Discontinued Operations [Table Text Block]

		March 31,		June 30,
(in thousands, except per share amounts)		2013		2013
Operating Revenues
	Education	$	527,815	$	548,230
	Advertising		82,994		96,670
	Subscriber and circulation		186,790		192,273
	Other		39,241		52,423
			836,840		889,596
Operating Costs and Expenses
	Operating		381,965		400,515
	Selling, general and administrative		337,865		323,182
	Depreciation of property, plant and equipment		59,895		57,816
	Amortization of intangible assets		3,717		3,313
			783,442		784,826
Income from Operations			53,398		104,770
	Equity in earnings of affiliates, net		3,418		3,868
	Interest income		510		522
	Interest expense		(8,960)		(9,048)
	Other expense, net		(4,083)		(12,858)
Income from Continuing Operations before Income Taxes			44,283		87,254
Provision for Income Taxes			17,800		34,500
Income from Continuing Operations			26,483		52,754
Loss from Discontinued Operations, Net of Tax			(21,224)		(7,620)
Net Income			5,259		45,134
Net Income Attributable to Noncontrolling Interests			(97)		(253)
Net Income Attributable to The Washington Post Company			5,162		44,881
Redeemable Preferred Stock Dividends			(444)		(206)
Net Income Attributable to The Washington Post Company Common Stockholders		$	4,718	$	44,675
Amounts Attributable to The Washington Post Company Common Stockholders
Income from continuing operations		$	25,942	$	52,295
Loss from discontinued operations, net of tax			(21,224)		(7,620)
Net income attributable to the Washington Post Company common stockholders		$	4,718	$	44,675
Per Share Information Attributable to The Washington Post Company Common Stockholders
Basic income per common share from continuing operations		$	3.50	$	7.05
Basic loss per common share from discontinued operations			(2.86)		(1.03)
Basic net income per common share		$	0.64	$	6.02
Diluted income per common share from continuing operations		$	3.50	$	7.05
Diluted loss per common share from discontinued operations			(2.86)		(1.03)
Diluted net income per common share		$	0.64	$	6.02

2012 Quarterly Operating Results After Reclassifying Certain Operations As Discontinued Operations [Table Text Block]

		March 31,		June 30,		September 30,		December 31,
(in thousands, except per share amounts)		2012		2012		2012		2012
Operating Revenues
	Education	$	546,685	$	551,774	$	551,696	$	546,341
	Advertising		82,600		94,649		105,855		117,696
	Subscriber and circulation		178,022		182,639		185,326		186,383
	Other		20,305		25,368		34,760		45,471
			827,612		854,430		877,637		895,891
Operating Costs and Expenses
	Operating		382,106		387,167		407,364		389,620
	Selling, general and administrative		347,841		335,054		314,359		336,262
	Depreciation of property, plant and equipment		56,165		56,594		57,588		73,731
	Amortization of intangible assets		3,839		4,407		5,090		7,610
	Impairment of goodwill and other long-lived assets		―		―		―		111,593
			789,951		783,222		784,401		918,816
Income (Loss) from Operations			37,661		71,208		93,236		(22,925)
	Equity in earnings of affiliates, net		3,888		3,314		4,099		2,785
	Interest income		1,069		775		648		901
	Interest expense		(9,163)		(8,979)		(8,738)		(9,064)
	Other income (expense), net		8,588		(635)		4,163		(17,572)
Income (Loss) from Continuing Operations before Income Taxes			42,043		65,683		93,408		(45,875)
Provision for Income Taxes			17,200		23,900		37,000		5,100
Income (Loss) from Continuing Operations			24,843		41,783		56,408		(50,975)
Income from Discontinued Operations, Net of Tax			6,725		10,264		37,539		5,600
Net Income (Loss)			31,568		52,047		93,947		(45,375)
Net (Income) Loss Attributable to Noncontrolling Interests			(70)		(11)		71		(64)
Net Income (Loss) Attributable to The Washington Post Company			31,498		52,036		94,018		(45,439)
Redeemable Preferred Stock Dividends			(451)		(222)		(222)		―
Net Income (Loss) Attributable to The Washington Post Company
	Common Stockholders	$	31,047	$	51,814	$	93,796	$	(45,439)
Amounts Attributable to The Washington Post Company
	Common Stockholders
Income (loss) from continuing operations		$	24,322	$	41,550	$	56,257	$	(51,039)
Income from discontinued operations, net of tax			6,725		10,264		37,539		5,600
Net income (loss) attributable to the Washington Post
	Company common stockholders	$	31,047	$	51,814	$	93,796	$	(45,439)
Per Share Information Attributable to The Washington Post
	Company Common Stockholders
Basic income (loss) per common share from continuing operations		$	3.17	$	5.48	$	7.58	$	(7.35)
Basic income per common share from discontinued operations			0.90		1.36		5.06		0.78
Basic net income (loss) per common share		$	4.07	$	6.84	$	12.64	$	(6.57)
Diluted income (loss) per common share from continuing operations		$	3.17	$	5.48	$	7.58	$	(7.35)
Diluted income per common share from discontinued operations			0.90		1.36		5.06		0.78
Diluted net income (loss) per common share		$	4.07	$	6.84	$	12.64	$	(6.57)

Yearly Operating Results After Reclassifying Certain Operations As Discontinued Operations [Table Text Block]

(in thousands, except per share amounts)		2012		2011
Operating Revenues
	Education	$	2,196,496	$	2,404,459
	Advertising		400,800		327,877
	Subscriber and circulation		732,370		710,253
	Other		125,904		83,408
			3,455,570		3,525,997
Operating Costs and Expenses
	Operating		1,566,257		1,562,615
	Selling, general and administrative		1,333,516		1,383,660
	Depreciation of property, plant and equipment		244,078		223,403
	Amortization of intangible assets		20,946		22,201
	Impairment of goodwill and other long-lived assets		111,593		―
			3,276,390		3,191,879
Income from Operations			179,180		334,118
	Equity in earnings of affiliates, net		14,086		5,949
	Interest income		3,393		4,147
	Interest expense		(35,944)		(33,226)
	Other expense, net		(5,456)		(55,200)
Income from Continuing Operations Before Income Taxes			155,259		255,788
Provision for Income Taxes			83,200		104,400
Income from Continuing Operations			72,059		151,388
Income (Loss) from Discontinued Operations, Net of Tax			60,128		(34,231)
Net Income			132,187		117,157
Net Income Attributable to Noncontrolling Interests			(74)		(7)
Net Income Attributable to The Washington Post Company			132,113		117,150
Redeemable Preferred Stock Dividends			(895)		(917)
Net Income Attributable to The Washington Post Company Common Stockholders		$	131,218	$	116,233
Amounts Attributable to The Washington Post Company Common Stockholders
Income from continuing operations		$	71,090	$	150,464
Income (loss) from discontinued operations, net of tax			60,128		(34,231)
Net income attributable to the Washington Post Company common stockholders		$	131,218	$	116,233
Per Share Information Attributable to The Washington Post Company Common
	Stockholders
Basic income per common share from continuing operations		$	9.22	$	19.03
Basic income (loss) per common share from discontinued operations			8.17		(4.33)
Basic net income per common share		$	17.39	$	14.70
Diluted income per common share from continuing operations		$	9.22	$	19.03
Diluted income (loss) per common share from discontinued operations			8.17		(4.33)
Diluted net income per common share		$	17.39	$	14.70