XML 134 R120.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Quarterly Operating Results (Unaudited) (Quarterly Results) (Details 1) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues                      
Operating Revenues $ 1,166,813 $ 1,111,519 $ 1,104,999 $ 1,031,546 $ 1,064,032 $ 1,012,438 $ 933,302 $ 914,721 $ 4,414,877 $ 3,924,493 $ 3,185,974
Operating Costs and Expenses                      
Cost of services and goods 826,279 781,587 767,854 727,214 715,632 694,757 631,828 615,501      
Other Operating Expenses 299,740 387,044 279,090 276,676 403,333 258,149 262,146 259,249      
Selling, general and administrative                 1,007,381 921,739 831,853
Depreciation of property, plant and equipment                 86,064 73,297 71,415
Amortization of intangible assets                 50,039 58,851 57,870
Impairment of goodwill and other long-lived assets                 99,066 128,990 32,940
Costs and Expenses                 4,345,484 3,840,595 3,108,599
Income (Loss) from Operations 40,794 (57,112) 58,055 27,656 (54,933) 59,532 39,328 39,971 69,393 83,898 77,375
Net Income (Loss) 55,690 (21,134) 124,171 52,977 6,643 33,840 (66,615) 96,566 211,704 70,434 353,327
Net income attributable to Graham Holdings Company common stockholders $ 53,259 $ (23,031) $ 122,788 $ 52,272 $ 6,160 $ 32,780 $ (67,485) $ 95,624 205,288 67,079 352,075
Equity in (Losses) Earnings of Affiliates, Net                 (5,183) (2,837) 17,914
Interest income                 7,122 3,226 3,409
Interest expense                 (63,301) (54,403) (33,943)
Non-operating pension and postretirement benefit income, net                 133,812 197,939 109,230
Gain (loss) on marketable equity securities, net                 138,067 (139,589) 243,088
Other income (expense), net                 19,094 33,500 32,554
Income (Loss) Before Income Taxes                 299,004 121,734 449,627
Provision for (Benefit From) Income Taxes                 87,300 51,300 96,300
Net Loss (Income) Attributable to Noncontrolling Interests                 (6,416) (3,355) (1,252)
Quarterly Comprehensive (Loss) Income                 $ 483,474 $ (568,158) $ 720,149
Per Share Information Attributable to Graham Holdings Company Common Stockholders                      
Basic net income (loss) per common share (in usd per share) $ 11.76 $ (5.02) $ 25.96 $ 10.91 $ 1.28 $ 6.78 $ (13.95) $ 19.50 $ 43.96 $ 13.83 $ 70.65
Basic average number of common shares outstanding (in shares)                 4,639 4,823 4,951
Diluted net income per common share (in USD per share) $ 11.72 $ (5.02) $ 25.89 $ 10.88 $ 1.28 $ 6.76 $ (13.95) $ 19.45 $ 43.82 $ 13.79 $ 70.45
Services [Member]                      
Operating Revenues                      
Operating Revenues                 $ 2,484,327 $ 2,328,869 $ 2,089,800
Operating Costs and Expenses                      
Cost of services and goods                 1,468,114 1,346,519 1,243,384
Goods [Member]                      
Operating Revenues                      
Operating Revenues                 1,930,550 1,595,624 1,096,174
Operating Costs and Expenses                      
Cost of services and goods                 $ 1,634,820 $ 1,311,199 $ 871,137