XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues    
Operating Revenues $ 1,152,662 $ 1,031,546
Operating Costs and Expenses    
Selling, general and administrative 263,979 241,962
Depreciation of property, plant and equipment 22,527 20,025
Amortization of intangible assets 10,751 13,944
Impairment of long-lived assets 0 745
Total Operating Costs and Expenses 1,117,220 1,003,890
Income from Operations 35,442 27,656
Equity in earnings of affiliates, net 2,331 4,661
Interest income 2,178 1,204
Interest expense (19,328) (14,294)
Non-operating pension and postretirement benefit income, net 42,417 31,845
Gain on marketable equity securities, net 104,152 18,022
Other income, net 1,647 3,083
Income Before Income Taxes 168,839 72,177
Provision for Income Taxes 43,500 19,200
Net Income 125,339 52,977
Net Income Attributable to Noncontrolling Interests (959) (705)
Net Income Attributable to Graham Holdings Company Common Stockholders $ 124,380 $ 52,272
Per Share Information Attributable to Graham Holdings Company Common Stockholders    
Basic net income per common share (in USD per share) $ 27.87 $ 10.91
Basic average number of common shares outstanding (in shares) 4,432 4,759
Diluted net income per common share (in USD per share) $ 27.72 $ 10.88
Diluted average number of common shares outstanding (in shares) 4,457 4,776
Services [Member]    
Operating Revenues    
Operating Revenues $ 646,410 $ 586,863
Operating Costs and Expenses    
Cost of services and goods 387,743 356,942
Goods [Member]    
Operating Revenues    
Operating Revenues 506,252 444,683
Operating Costs and Expenses    
Cost of services and goods $ 432,220 $ 370,272