Washington Post 2010 Annual Report Download - page 90

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The changes in the carrying amount of goodwill, by segment, during 2010 and 2009 were as follows:
(in thousands) Education Cable
Television Newspaper
Publishing Television
Broadcasting Magazine
Publishing Other
Businesses Total
Balance as of December 28, 2008
Goodwill .......................... $1,022,671 $85,488 $ 81,186 $203,165 $ 25,015 $ 99,189 $1,516,714
Accumulated impairment losses .......... — — (65,772) — — (60,785) (126,557)
1,022,671 85,488 15,414 203,165 25,015 38,404 1,390,157
Acquisitions ........................ 14,006 — — — — (935) 13,071
Dispositions ........................ — — — — (500) — (500)
Impairment ......................... (15,529) — — — — — (15,529)
Foreign currency exchange rate changes
and other ........................ 37,175 — — — — (912) 36,263
Balance as of January 3, 2010
Goodwill .......................... 1,073,852 85,488 81,186 203,165 24,515 97,342 1,565,548
Accumulated impairment losses .......... (15,529) — (65,772) — — (60,785) (142,086)
$1,058,323 $85,488 $ 15,414 $203,165 $ 24,515 $ 36,557 $1,423,462
Acquisitions ........................ 4,200 — — — — 2,810 7,010
Dispositions ........................ (19,851) — — — (24,515) — (44,366)
Impairment ......................... — — — — — (24,634) (24,634)
Foreign currency exchange rate changes
and other ........................ 14,888 — (3) — — — 14,885
Balance as of January 2, 2011
Goodwill ........................... 1,073,089 85,488 81,183 203,165 —100,152 $1,543,077
Accumulated impairment losses ......... (15,529) —(65,772) ——(85,419) (166,720)
$1,057,560 $85,488 $ 15,411 $203,165 $ —$ 14,733 $ 1,376,357
The changes in carrying amount of goodwill at the Company’s education division for 2010 and 2009 were as follows:
(in thousands) Higher
Education Test
Preparation Professional Kaplan
International Kaplan
Ventures Total
Balance as of December 28, 2008
Goodwill .................................. $343,332 $185,876 $ 493,463 $ — $ — $1,022,671
Accumulated impairment losses .................. — — — — — —
343,332 185,876 493,463 — — 1,022,671
Acquisitions ................................. 28 (227) 3,212 — — 3,013
Foreign currency exchange rate changes and other .... 916 (894) 28,412 — — 28,434
Balance as of July 1, 2009 344,276 184,755 525,087 — — 1,054,118
Reallocation ................................ (9,050) 44,508 (525,087) 422,245 67,384 —
Acquisitions ................................. — 7,135 — 3,858 — 10,993
Impairment ................................. — — — — (15,529) (15,529)
Foreign currency exchange rate changes and other .... — 381 — 6,870 1,490 8,741
Balance as of January 3, 2010
Goodwill .................................. 335,226 236,779 — 432,973 68,874 1,073,852
Accumulated impairment losses .................. — — — — (15,529) (15,529)
$335,226 $236,779 $ — $432,973 $ 53,345 $1,058,323
Reallocation ................................ — (14,534) — — 14,534 —
Acquisitions ................................. — — — 201 3,999 4,200
Dispositions ................................. — — — — (19,851) (19,851)
Foreign currency exchange rate changes and other .... — 204 — 11,766 2,918 14,888
Balance as of January 2, 2011
Goodwill .................................... 335,226 229,486 —444,940 63,437 1,073,089
Accumulated impairment losses .................. —(7,037) ——(8,492) (15,529)
$335,226 $222,449 $—$444,940 $ 54,945 $1,057,560
74 THE WASHINGTON POST COMPANY