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Investor Relations

SEC Filings

10-K
GRAHAM HOLDINGS CO filed this Form 10-K on 02/23/2018
Entire Document
 


GRAHAM HOLDINGS COMPANY
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
 
Year Ended December 31
(in thousands)
2017
 
2016
 
2015
Net Income (Loss)
$
302,489

 
$
169,458

 
$
(99,220
)
Other Comprehensive Income (Loss), Before Tax
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Translation adjustments arising during the year
33,175

 
(22,149
)
 
(18,898
)
Adjustment for sales of businesses with foreign operations
137

 

 
5,501

 
33,312

 
(22,149
)
 
(13,397
)
Unrealized gains on available-for-sale securities:
 
 
 
 
 
Unrealized gains for the year
112,086

 
55,507

 
10,620

Reclassification adjustment for realization of loss (gain) on sale of available-for-sale securities included in net income

 
1,879

 
(4
)
 
112,086

 
57,386

 
10,616

Pension and other postretirement plans:
 
 
 
 
 
Actuarial gain (loss)
179,674

 
(133,915
)
 
(211,054
)
Prior service cost
(75
)
 

 

Amortization of net actuarial (gain) loss included in net income
(6,527
)
 
1,157

 
(9,906
)
Amortization of net prior service cost included in net income
477

 
419

 
275

Curtailments and settlements included in net income

 
(17,993
)
 
51

Curtailments and settlements included in distribution to Cable ONE

 

 
834

 
173,549

 
(150,332
)
 
(219,800
)
Cash flow hedge gain (loss)
112

 
(334
)
 
179

Other Comprehensive Income (Loss), Before Tax
319,059

 
(115,429
)
 
(222,402
)
Income tax (expense) benefit related to items of other comprehensive income (loss)
(90,923
)
 
37,235

 
83,602

Other Comprehensive Income (Loss), Net of Tax
228,136

 
(78,194
)
 
(138,800
)
Comprehensive Income (Loss)
530,625

 
91,264

 
(238,020
)
Comprehensive income attributable to noncontrolling interests
(445
)
 
(868
)
 
(1,435
)
Total Comprehensive Income (Loss) Attributable to Graham Holdings Company
$
530,180

 
$
90,396

 
$
(239,455
)
See accompanying Notes to Consolidated Financial Statements.

72