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THE WASHINGTON POST COMPANY 2002 FORM 10-K
PART I Page
Item 1. Business ***************************************************************************************** 1
Newspaper Publishing *************************************************************************** 1
Television Broadcasting*************************************************************************** 3
Cable Television Operations ********************************************************************** 6
Magazine Publishing **************************************************************************** 9
Education************************************************************************************** 12
Other Activities ********************************************************************************* 14
Production and Raw Materials********************************************************************* 14
Competition ************************************************************************************ 15
Executive Officers ******************************************************************************* 18
Employees ************************************************************************************* 18
Forward-Looking Statements *********************************************************************** 19
Available Information **************************************************************************** 19
Item 2. Properties **************************************************************************************** 19
Item 3. Legal Proceedings********************************************************************************* 20
Item 4. Submission of Matters to a Vote of Security Holders ***************************************************** 21
PART II
Item 5. Market for the Registrant’s Common Equity and Related Stockholder Matters********************************* 21
Item 6. Selected Financial Data **************************************************************************** 21
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations ********************** 22
Item 7A. Quantitative and Qualitative Disclosures About Market Risk *********************************************** 22
Item 8. Financial Statements and Supplementary Data********************************************************** 22
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ********************* 23
PART III
Item 10. Directors and Executive Officers of the Registrant ******************************************************* 23
Item 11. Executive Compensation**************************************************************************** 23
Item 12. Security Ownership of Certain Beneficial Owners and Management *************************************** 23
Item 13. Certain Relationships and Related Transactions ********************************************************* 23
Item 14. Controls and Procedures *************************************************************************** 23
PART IV
Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8-K ***************************************** 23
SIGNATURES ********************************************************************************************* 24
CERTIFICATIONS ****************************************************************************************** 25
INDEX TO FINANCIAL INFORMATION *********************************************************************** 27
Management’s Discussion and Analysis of Results of Operations and Financial Condition (Unaudited) **************** 29
Financial Statements and Schedules:
Report of Independent Accountants******************************************************************** 38
Consolidated Statements of Income for the Three Fiscal Years Ended December 29, 2002 ********************* 39
Consolidated Statements of Comprehensive Income for the Three Fiscal Years Ended December 29, 2002 ******** 39
Consolidated Balance Sheets at December 29, 2002 and December 30, 2001 ***************************** 40
Consolidated Statements of Cash Flows for the Three Fiscal Years Ended December 29, 2002****************** 42
Consolidated Statements of Changes in Common Shareholders’ Equity for the Three Fiscal Years
Ended December 29, 2002*********************************************************************** 43
Notes to Consolidated Financial Statements ************************************************************ 44
Financial Statement Schedule for the Three Fiscal Years Ended December 29, 2002:
II Valuation and Qualifying Accounts ************************************************************ 57
Ten-Year Summary of Selected Historical Financial Data (Unaudited) ******************************************** 58
INDEX TO EXHIBITS **************************************************************************************** 61