Washington Post 2009 Annual Report Download - page 94

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Company information broken down by operating segment and education division:
Fiscal Year Ended
(in thousands) 2009 2008 2007
Operating revenues
Education ................................................................. $2,636,638 $2,331,580 $2,030,889
Cable television ............................................................. 750,409 719,070 626,446
Newspaper publishing ........................................................ 679,282 801,265 889,827
Television broadcasting ....................................................... 272,651 325,146 339,969
Magazine publishing ......................................................... 184,215 250,900 288,449
Other businesses and corporate office ............................................. 53,921 39,411 6,586
Intersegment elimination ....................................................... (7,385) (5,792) (1,760)
$4,569,731 $4,461,580 $4,180,406
Income (loss) from operations
Education ................................................................. $ 194,761 $ 206,302 $ 149,037
Cable television ............................................................. 169,051 162,202 123,664
Newspaper publishing ........................................................ (163,549) (192,739) 66,434
Television broadcasting ....................................................... 70,506 123,495 142,092
Magazine publishing ......................................................... (29,251) (16,060) 31,388
Other businesses and corporate office ............................................. (47,526) (108,992) (35,599)
$ 193,992 $ 174,208 $ 477,016
Equity in (losses) earnings of affiliates ................................................ (29,421) (7,837) 5,975
Interest expense, net ............................................................. (28,968) (18,986) (12,708)
Other, net ...................................................................... 13,197 (2,189) 11,182
Income before income taxes ........................................................ $ 148,800 $ 145,196 $ 481,465
Depreciation of property, plant and equipment
Education ................................................................. $ 81,478 $ 67,329 $ 60,986
Cable television ............................................................. 124,207 121,310 108,453
Newspaper publishing ........................................................ 72,870 64,983 38,659
Television broadcasting ....................................................... 12,299 9,400 9,489
Magazine publishing ......................................................... 4,187 2,052 2,177
Other businesses and corporate office ............................................. 830 532 1,475
$ 295,871 $ 265,606 $ 221,239
Amortization of intangible assets
Education ................................................................. $ 22,223 $ 15,472 $ 14,670
Cable television ............................................................. 310 307 442
Newspaper publishing ........................................................ 1,010 625 1,162
Television broadcasting ....................................................... ———
Magazine publishing ......................................................... ———
Other businesses and corporate office ............................................. 3,099 6,121 1,297
$ 26,642 $ 22,525 $ 17,571
Impairment of goodwill and other long-lived assets
Education ................................................................. $ 25,387 $—$—
Cable television ............................................................. ———
Newspaper publishing ........................................................ —65,772 —
Television broadcasting ....................................................... ———
Magazine publishing ......................................................... ———
Other businesses and corporate office ............................................. —69,667 —
$ 25,387 $ 135,439 $ —
Net pension (expense) credit
Education ................................................................. $ (5,414) $ (4,255) $ (3,536)
Cable television ............................................................. (1,851) (1,534) (1,405)
Newspaper publishing ........................................................ (75,925) (87,962) (10,010)
Television broadcasting ....................................................... (418) 1,041 888
Magazine publishing ......................................................... 28,018 15,079 36,343
Other businesses and corporate office ............................................. (882) (1,892) —
$ (56,472) $ (79,523) $ 22,280
Capital expenditures
Education ................................................................. $ 106,337 $ 99,291 $ 97,123
Cable television ............................................................. 84,027 114,176 138,258
Newspaper publishing ........................................................ 18,856 28,428 36,020
Television broadcasting ....................................................... 13,559 40,729 17,688
Magazine publishing ......................................................... 34,053 4,675 448
Other businesses and corporate office ............................................. 926 1,624 470
$ 257,758 $ 288,923 $ 290,007
Identifiable assets
Education ................................................................. $2,188,328 $2,080,037 $1,930,525
Cable television ............................................................. 1,164,209 1,204,373 1,205,374
Newspaper publishing ........................................................ 207,234 383,849 832,655
Television broadcasting ....................................................... 433,705 412,129 464,815
Magazine publishing ......................................................... 658,731 547,239 837,527
Other businesses and corporate office ............................................. 125,393 121,051 161,755
$4,777,600 $4,748,678 $5,432,651
Investments in marketable equity securities ............................................ 353,884 333,319 469,459
Investments in affiliates ........................................................... 54,722 76,437 102,399
Total Assets ..................................................................... $5,186,206 $5,158,434 $6,004,509
80 THE WASHINGTON POST COMPANY