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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting Information [Line Items]  
Summary of Segment Reporting Information, by Operating Segment
Company information broken down by operating segment and education division:
Year Ended December 31
(in thousands)202320222021
Operating Revenues   
Education$1,587,581 $1,427,915 $1,361,245 
Television broadcasting472,436 535,651 494,177 
Manufacturing447,910 486,643 458,125 
Healthcare459,481 326,000 223,030 
Automotive1,079,893 734,185 327,069 
Other businesses369,653 416,084 324,353 
Corporate office1,580 — — 
Intersegment elimination(3,657)(1,985)(2,025)
 $4,414,877 $3,924,493 $3,185,974 
Income (Loss) from Operations before Amortization of Intangible Assets and Impairment of Goodwill and Other Long-Lived Assets
Education$119,024 $99,103 $69,892 
Television broadcasting139,388 207,319 154,862 
Manufacturing47,010 54,079 36,926 
Healthcare27,520 19,041 29,912 
Automotive39,271 34,633 11,771 
Other businesses(98,115)(86,270)(76,153)
Corporate office(55,600)(56,166)(59,025)
$218,498 $271,739 $168,185 
Amortization of Intangible Assets and Impairment of Goodwill and Other Long-Lived Assets
Education$14,553 $16,170 $19,319 
Television broadcasting5,450 5,440 5,440 
Manufacturing63,803 20,372 52,974 
Healthcare3,675 3,776 3,106 
Automotive13 — — 
Other businesses61,611 142,083 9,971 
Corporate office— — — 
 $149,105 $187,841 $90,810 
Income (Loss) from Operations
Education$104,471 $82,933 $50,573 
Television broadcasting133,938 201,879 149,422 
Manufacturing(16,793)33,707 (16,048)
Healthcare23,845 15,265 26,806 
Automotive39,258 34,633 11,771 
Other businesses(159,726)(228,353)(86,124)
Corporate office(55,600)(56,166)(59,025)
 $69,393 $83,898 $77,375 
Equity in (Losses) Earnings of Affiliates, Net(5,183)(2,837)17,914 
Interest Expense, Net(56,179)(51,177)(30,534)
Non-Operating Pension and Postretirement Benefit Income, Net133,812 197,939 109,230 
Gain (Loss) on Marketable Equity Securities, net138,067 (139,589)243,088 
Other Income, Net19,094 33,500 32,554 
Income Before Income Taxes$299,004 $121,734 $449,627 
Year Ended December 31
(in thousands)202320222021
Depreciation of Property, Plant and Equipment   
Education$38,187 $34,114 $32,113 
Television broadcasting12,224 12,294 14,018 
Manufacturing9,453 9,399 9,808 
Healthcare5,475 3,781 1,313 
Automotive5,177 3,709 2,156 
Other businesses14,941 9,392 11,376 
Corporate office607 608 631 
 $86,064 $73,297 $71,415 
Pension Service Cost   
Education$8,907 $8,934 $9,357 
Television broadcasting3,331 3,554 3,575 
Manufacturing1,115 1,104 1,282 
Healthcare14,083 11,008 561 
Automotive35 22 — 
Other businesses2,508 2,073 1,755 
Corporate office3,808 5,872 6,461 
 $33,787 $32,567 $22,991 
Capital Expenditures   
Education$36,760 $46,878 $100,780 
Television broadcasting9,220 5,832 6,803 
Manufacturing23,089 7,968 7,190 
Healthcare12,992 2,745 3,671 
Automotive10,140 3,606 31,124 
Other businesses15,053 15,352 13,176 
Corporate office32 21 25 
 $107,286 $82,402 $162,769 
Asset information for the Company’s business segments is as follows:
 As of December 31
(in thousands)20232022
Identifiable Assets  
Education$2,021,471 $1,958,204 
Television broadcasting419,557 431,084 
Manufacturing431,712 486,487 
Healthcare265,150 249,845 
Automotive597,267 427,221 
Other businesses368,542 475,583 
Corporate office93,760 70,567 
 $4,197,459 $4,098,991 
Investments in Marketable Equity Securities690,153 609,921 
Investments in Affiliates186,480 186,419 
Prepaid Pension Cost2,113,638 1,658,046 
Total Assets$7,187,730 $6,553,377 
Education [Member]  
Segment Reporting Information [Line Items]  
Summary of Segment Reporting Information, by Operating Segment
The Company’s education division comprises the following operating segments:
Year Ended December 31
(in thousands)202320222021
Operating Revenues   
Kaplan international$966,879 $816,239 $726,875 
Higher education326,961 310,407 322,240 
Supplemental education292,776 301,625 309,069 
Kaplan corporate and other11,012 9,853 9,612 
Intersegment elimination(10,047)(10,209)(6,551)
 $1,587,581 $1,427,915 $1,361,245 
Income (Loss) from Operations before Amortization of Intangible Assets and Impairment of Long-Lived Assets
Kaplan international$87,530 $72,066 $33,457 
Higher education38,942 24,819 24,941 
Supplemental education22,472 21,069 36,919 
Kaplan corporate and other(29,891)(18,806)(25,522)
Intersegment elimination(29)(45)97 
$119,024 $99,103 $69,892 
Amortization of Intangible Assets$14,076 $16,170 $16,001 
Impairment of Long-Lived Assets$477 $— $3,318 
Income (Loss) from Operations   
Kaplan international$87,530 $72,066 $33,457 
Higher education38,942 24,819 24,941 
Supplemental education22,472 21,069 36,919 
Kaplan corporate and other(44,444)(34,976)(44,841)
Intersegment elimination(29)(45)97 
 $104,471 $82,933 $50,573 
Depreciation of Property, Plant and Equipment   
Kaplan international$28,501 $23,270 $21,472 
Higher education4,416 4,373 3,852 
Supplemental education5,165 6,344 6,544 
Kaplan corporate and other105 127 245 
 $38,187 $34,114 $32,113 
Pension Service Cost   
Kaplan international$325 $270 $291 
Higher education3,737 3,842 4,440 
Supplemental education4,147 4,114 3,814 
Kaplan corporate and other698 708 812 
 $8,907 $8,934 $9,357 
Capital Expenditures   
Kaplan international$31,111 $39,206 $92,532 
Higher education2,394 1,398 3,629 
Supplemental education3,209 4,749 4,297 
Kaplan corporate and other46 1,525 322 
 $36,760 $46,878 $100,780 
Asset information for the Company’s education division is as follows:
 As of December 31
(in thousands)20232022
Identifiable Assets
Kaplan international$1,537,989 $1,454,445 
Higher education187,972 187,034 
Supplemental education249,519 265,049 
Kaplan corporate and other45,991 51,676 
 $2,021,471 $1,958,204