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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues        
Operating Revenues $ 933,302 $ 801,152 $ 1,848,023 $ 1,513,607
Operating Costs and Expenses        
Selling, general and administrative 227,844 195,429 452,706 371,290
Depreciation of property, plant and equipment 19,413 16,600 38,888 33,145
Amortization of intangible assets 14,889 13,889 29,801 27,826
Impairment of long-lived assets 0 3,768 0 4,815
Total Operating Costs and Expenses 893,974 763,561 1,768,724 1,442,172
Income from Operations 39,328 37,591 79,299 71,435
Equity in earnings of affiliates, net 1,427 1,776 4,031 15,204
Interest income 696 1,876 1,411 2,766
Interest expense (15,973) (7,353) (27,390) (15,801)
Non-operating pension and postretirement benefit income, net 50,871 25,216 101,376 54,003
(Loss) gain on marketable equity securities, net (165,540) 83,698 (118,628) 162,912
Other income, net 1,176 16,122 4,052 22,442
(Loss) Income Before Income Taxes (88,015) 158,926 44,151 312,961
(Benefit from) Provision for Income Taxes (21,400) 43,000 14,200 84,400
Net (Loss) Income (66,615) 115,926 29,951 228,561
Net Income Attributable to Noncontrolling Interests (870) (568) (1,812) (753)
Net (Loss) Income Attributable to Graham Holdings Company Common Stockholders $ (67,485) $ 115,358 $ 28,139 $ 227,808
Per Share Information Attributable to Graham Holdings Company Common Stockholders        
Basic net (loss) income per common share (in USD per share) $ (13.95) $ 23.07 $ 5.76 $ 45.55
Basic average number of common shares outstanding (in shares) 4,842 4,968 4,857 4,968
Diluted net (loss) income per common share (in USD per share) $ (13.95) $ 22.99 $ 5.74 $ 45.43
Diluted average number of common shares outstanding (in shares) 4,842 4,985 4,870 4,981
Services [Member]        
Operating Revenues        
Operating Revenues $ 563,113 $ 511,037 $ 1,120,682 $ 994,706
Operating Costs and Expenses        
Cost of services and goods 329,702 306,983 654,683 599,417
Goods [Member]        
Operating Revenues        
Operating Revenues 370,189 290,115 727,341 518,901
Operating Costs and Expenses        
Cost of services and goods $ 302,126 $ 226,892 $ 592,646 $ 405,679